CC RESOLUTION 4521RESOLUTION NO. 4521
A RESOLUTION ADOPTED BY THE EL SEGUNDO CITY
COUNCIL SETTING ITS APPROPRIATIONS LIMIT FOR
FISCAL YEAR 2007 -2008 IN ACCORDANCE WITH ARTICLE
XIIIB OF THE CALIFORNIA CONSTITUTION.
BE IT RESOLVED by the Council of the City of El Segundo as follows:
SECTION 1: The City Council finds as follows:
A. Article XIIIB of the California Constitution requires the City to set its
Appropriations Limit on an annual basis.
B. The City's Appropriations Limit may be adjusted annually based upon
inflation and population growth.
C. The City Council may choose the method of calculating adjustments to the
City's Appropriations Limit on an annual basis. For inflation, pursuant to
Article XIIIB, § 8(e)(2), adjustments to the Appropriations Limit may be
calculated using either the percentage change in per capita personal
income from the preceding year or the percentage change in the local
assessment roll from the preceding year because of local nonresidential
new construction. For population growth, pursuant to Government Code §
7901(b), the City may either use the percentage growth either in its
jurisdiction or from the surrounding county.
D. Based upon the California Constitution and applicable law, the City's
Administrative Services Department has presented the City Council with a
proposed Appropriations Limit as adjusted by the factors identified in this
Resolution.
SECTION 2: Pursuant to Article XIIIB of the California Constitution, and those
Government Code sections adopted pursuant to Article XIIIB, § 8(f), the City Council
chooses to adjust the City's Appropriations Limit by calculating inflation using the
percentage change in the City's assessment roll from the preceding year because of local
nonresidential new construction and calculating population growth by using the
percentage change in population in Los Angeles County.
SECTION 3: As a result of the adjustments made to the City's Appropriations Limit, the
City Council sets the Appropriations Limit for fiscal year 2007 -2008 at $119,922,942.
SECTION 4: The City Clerk is directed to certify the passage and adoption of this
Resolution; enter same in the book of original Resolutions; and make a Minute of its
adoption in the City's records and in the Minutes of the meeting when it was adopted.
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SECTION 5: This Resolution will become effective immediately upon adoption and
will remain effective unless repealed or superseded.
PASSED AND ADOPTED this 18th day s. ,,&
f
Kelly McDkwell,
Mayor
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
I, Cindy Mortesen, City Clerk of the City of El Segundo, California, hereby
certify that the whole number of members of the City Council of the City is five; that the
foregoing Resolution No. 4521 was duly passed and adopted by said City Council,
approved and signed by the Mayor of said City, and attested to by the City Clerk of said
City, all at a regular meeting of said Council held on the 18th day of September 2007,
and the same was so passed and adopted by the following roll call vote:
AYES: McDowell, Busch, Fisher, Jacobson
NOES: None
ABSENT: Boulgarides
ABSTAIN: None
ATTEST:
Cindy Mortese
City Clerk
i
APPROVED AS O
Mark D. Hens le it
By: r
Kaff H. Berger
Assistant City Atto y
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