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HomeMy WebLinkAboutTC Res 2006-06-21 RESOLUTION NO. 33-2006 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TmURON ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL YEAR 2006-07 PURSUANT TO ARTICLE XIII 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 of living and population, except as provides in Artic e 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 interest of the Town of Tiburon to establish an appropriations limit for Fiscal Year 2006-07; and WHEREAS, the previously established limit for Fiscal Year 2005-06 was $5,645,421, and the State Department of Finance has determined that the 2006 Per Capita Personal Income Factor is 3.96%, and the Population Change Factor is 0.78%; the Director of Administrative Services estimates that legislated pass-through fees of the County will be $42,550; the Director of Administrative Services of the Town of Tiburon has determined that the appropriations limit in the amount of $5,957,308 shall be established for Fiscal Year 2006-07. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Tiburon that an appropriations limit in the amount of$5,957,308 is established for Fiscal Year 2006-07 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 21,2006 by the following vote: AYES: NOES: ABSENT: COUNCILMEMBERS: COUNCILMEMBERS: COUNCILMEMBERS: Berger, Fredericks, Gram, Slavitz, Smith None None ~~ PAUL SMITH, MA YOR TOWN OF TmURON A TTEST}./ ~i ~ all / / ! 2 ~1~~ ~c &}H' DIANE CRANE IACOPI, TOWN CLERK