HomeMy WebLinkAboutTC Res 2013-06-19 (3)RESOLUTION NO. 19-2013
A RESOLUTION OF THE TOWN COUNCIL
OF THE TOWN OF TIBURON ESTABLISHING
AN APPROPRIATION LIMIT FOR FISCAL YEAR 2013 -14
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 2013 -14; and
WHEREAS, the previously established limit for Fiscal Year 2012 -13 was
$7,463,102, and the State Department of Finance has determined that the 2013 -14 Per
Capita Personal Income Factor is 5.12 %, and the Population Change Factor is 0.27 %; the
Director of Administrative Services estimates that legislated pass - through fees of the
County will be $35,000; the Director of Administrative Services of the Town of Tiburon
has determined that the appropriations limit in the amount of $7,901,856 shall be
established for Fiscal Year 2013 -14.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of
Tiburon that an appropriations limit in the amount of $7,901,856 is established for Fiscal
Year 2013 -14 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 19, 2013 by the following vote:
AYES: COUNCILMEMBERS: Doyle, Fraser, Fredericks, O'Donnell
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: One Vacant Seat
EMMETT O'DONNELL, MAYOR
or
ATTEST:
DIANE CRANE IACQP1, TOWN CLERK