2013-21 RESOLUTION NO. 2013- 21
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAND TERRACE, CALIFORNIA, ESTABLISHING THE
APPROPRIATIONS LIMIT FOR FISCAL YEAR 2012-13
WHEREAS, Article XIIIB of the California Constitution and Section 7910 of the
California Government Code require that each year the City of Grand Terrace shall by
resolution, establish an Appropriations Limit for the fiscal year; and
WHEREAS, the City Council has adopted a budget for Fiscal Year 2012-13, a
copy of which is on file in the Office of the City Clerk and available for public inspection,
and
WHEREAS, the said Adopted Budget contains the estimates of the services,
activities and projects comprising the budget, and contains expenditure requirements
and the resources available to the City; and
WHEREAS, the City's Finance Department has prepared calculations and
documentation required for and to be used in the determination of certain matters and
for the establishment of an Appropriations Limit for the City for Fiscal Year 2012-13 and
such data and documentation has been available to the public for at least fifteen (15)
days prior to the adoptiomof this Resolution; and
l
WHEREAS, the City Council has considered pertinent data such as price and
population factors and made such determinations as may be required by law, and has
adopted this Resolution as a regularly scheduled meeting of the City Council: and
WHEREAS, the Appropriations Limit for the City of Grand Terrace for Fiscal Year
2012-13 is hereby established at $10,662,663 and the total annual appropriations
subject to such limitation for Fiscal Year 2012-13 are determined to be $2,445,894.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF GRAND
TERRACE, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
1. That $10,662,663 is hereby established as the Appropriations Limit for the City of
Grand Terrace for Fiscal Year 2012-13.
2. The City Council hereby adopts the findings and methods of calculation set forth
in Exhibit A (Appropriations Limit Calculation) and Exhibit B (Proceeds of Tax
Calculation).
3. The City of Grand Terrace reserves the right to revise the factors associated with
the calculation of the limit established pursuant to Article XIIIB of the California
_ Constitution if such changes or revisions would result in a more advantageous
(y Appropriations Limit in the future.
(� BE IF FURTHER-RESOLVED that this Resolution shall take effect immediately
up the date of its adoption..
PASSED, APPROVED AND ,ADOPTED by the City Council of.Grand Terrace at a .
regular meeting held on the 28th day of.May, 2013 by the following vote:
ayor of the City of Grand Terrace
and the City Council thereof
ATTEST:.
i
City Clerk o he City,of Grand rrace
TRACEY R. MARTINEZ, CITY CLERK of the City .of Grand Terrace, California, do
hereby certify that the foregoing Resolution was introduced and adopted at .a regular
meeting of the City Council of the City of.Grand Terrace held on the 28t" day of May,
2013, by the following vote:
AYES: Councilmembers Robles, Mitchell and McNaboe, Mayor Pro Tem Sandoval
and Mayor Stanckiewitz
NOES: None
ABSENT: None
ABSTAIN: None-
Tracey R. *rtinez, City erk -
APPROVED S RM:
City Attorney