HomeMy WebLinkAboutTC Res 2010-06-16 (2)RESOLUTION NO. 33-2010
A RESOLUTION OF THE TOWN COUNCIL
OF THE TOWN OF TIBURON ESTABLISHING
AN APPROPRIATION LIMIT FOR FISCAL YEAR 2010-11
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 sets a
limit for the annual appropriations of tax proceeds for all municipalities, 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 2010-11; and
WHEREAS, the previously established limit for Fiscal Year 2009-11 was
$6,830,392, and the State Department of Finance has determined that the 2009 Per Capita
Personal Income Factor is -2.54%, and the Population Change Factor is 0.68%; the
Director of Administrative Services estimates that legislated pass-through fees of the
County will be $70,000; the Director of Administrative Services of the Town of Tiburon
has determined that the appropriations limit in the amount of $6,772,153 shall be
established for Fiscal Year 2010-11.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of
Tiburon that an appropriations limit in the amount of $6,772,153 is established for Fiscal
Year 2010-11 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 16, 2010 by the following vote:
AYES: COUNCILMEMBERS: Collins, Fraser, Fredericks, O'Donnell, Slavitz
ABSENT: COUNCILMEMBERS: None
6_1 -
RICHARD COLLINS, MAYOR
TOWN OF TIBURON
ATT ~T
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DIANE CRANE IACOPI, TOWN CLERK