HomeMy WebLinkAboutTC Res 2000-06-07 (2)
RESOLUTION NO. 3420
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A RESOLUTION OF THE TOWN COUNCIL
OF THE TOWN OF TIBURON ESTABLISHING
AN APPROPRIATION LIMIT FOR FISCAL YEAR 2000/2001
PURSUANT TO ARTICLE xm B. OF THE CONSTITUTION
OF THE STATE OF CALIFORNIA
WHEREAS, Article XIII B. of the Constitution of the State of California provides that
total annual appropriations subject to exceed the appropriations limit of such entity of government
for the prior year adjusted for changes in the cost ofliving and population, except as provided for
in Article XIII B; and
WHEREAS, pursuant to Article XIII B. of the Constitution of the State of California, the
Town Council of the Town of Tiburon deems it to be in the best interests of the Town ofTiburon
to establish an appropriations limit for the Fiscal Year 2000/2001; and
WHEREAS, the previously established limit for Fiscal Year 1999/2000 was $4,204,110,
and the State Department of Finance has determined that the 2000 Per Capita Personal Income
Factor is 4.91%, and the 2000 Population Change Factor is 1.23%; the Finance Director estimates
that legislated pass-through fees of the County will be $25,000; the Finance Director ofthe Town
of Tiburon has determined that the an appropriations limit in the amount of $4,489,781 shall be
established for Fiscal Year 2000/2001.
'" NOW THEREFORE, BE IT RESOLVED by the Town Council of the Town ofTiburon
that an appropriations limit in the amount of $4,489,781 is established for Fiscal Year 1999/2000
pursuant to Article XIII B. of the Constitution of the State of California.
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of
Tiburon on June 7,2000 by the following vote:
AYES
NOES:
ABSENT:
COUNCrr.. MEMBERS:
COUNCrr.. MEMBERS:
COUNCrr.. MEMBERS:
Bach, Gram, Hennessy, Matthews, Thompson
None
None
ATTEST:
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DIANE CRANE IACOP~ CLERK
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Replaces Tiburon Resolution No. 3284, June 1998.