CC RESOLUTION 3266t a®
RESOLUTION NO. 3266
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF EL SEGUNDO, CALIFORNIA, APPROVING AND
ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR
THE FISCAL YEAR 1984 -1985
WHEREAS, Article XIIIB of the California Constitution provides
that the appropriations limit for the fiscal year 1984 -1985 is calcu-
lated by adjusting the base year appropriations of fiscal year 1983 -
1984 for changes in the per capita personal income and population;
and,
WHEREAS, the information necessary for making 1984 -1985 calcu-
lations is attached in Exhibit A; and,
WHEREAS, the City of El Segundo has complied with all the
provisions of Article XIIIB in determining the appropriations limit for
the fiscal year 1984 -1985;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO,
CALIFORNIA, DOES RESOLVE that for the City of E1 Segundo, the appro-
priations subject to limitation in the fiscal year 1984 -1985 shall be
$19,575,165.00.
PASSED, APPROVED AND ADOPTED THIS 26th DAY OF JUNE, 1984.
ATTEST;
CITY CLERK
M(SEAL)
&�
�&Vzalluwh\
MAYOR OF
THE CITY OF EL SEGUNDO,
CALIFOR A
GANN LIMIT CALCULATION
1984 -85
Population % Change
Population 1/1/84
Population 1/1/83
Increase
U.S. Consumer Price Index
rLesser of March to March
U.S. Consumer Price Index % Change
Change Factor: 1.0175 x 1.0474 = 1.0658
1983 -84 Appropriation Limit
Change Factor
1984 -85 Appropriation Limit
7
EXHIBIT "A"
14,367
14,121
246 or 1.75%
(1.0175)
$18,366,640
x 1.0658
$19,575,165
4.74%
(1.0474)
14240
s
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES
CITY OF EL SEGUNDO )
0
I, VALERIE A. BURROWES City Clerk of the City of
E1 Segundo, California, DO HEREBY CERTIFY that the whole number of
members of the City Council of the said City is five; that the
foregoing resolution, being Resolution No. 3266 was duly passed
and adopted by the said City Council, approved and signed by the
Mayor of said City, and attested by the City Clerk of said City, all
at a regular meeting of the said Council held on the 26th day of
June , 1984 and that the same was so passed and
adopted by the following vote:
AYES: Council Members Jacobson Schuldt Siadek
and Mayor Armstrong
NOES: Council Member Synadinos
ABSENT: Council Member None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY this
_hday of July 1984
City Clerk of the City of El Segundo,
California
0
14241