2017-15 � RESOLUTION NO. 2017-16
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAND TERRACE, CALIFORNIA, ESTABLISHING THE
APPROPRIATIONS LIMIT FOR FISCAL YEAR 2017-18
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 prepared a Proposed Budget for Fiscal Year
2017-18, a copy of which is on file in the Office of the City Clerk and available for public
inspection, and
WHEREAS, the said Proposed 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 2017-18; and
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
2017-18. is hereby established at $13,376,728 and the total annual appropriations
subject to such limitation for Fiscal Year 2017-18 are determined to be $3,593,39.7.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF GRAND
TERRACE, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
1. That $13,376,728 is hereby established as the Appropriations Limit for the City of
Grand Terrace for Fiscal Year 2017-18.
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
Appropriations Limit in the future.
i BE IT 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 27th day of June, 2017.
,i-
Da, cy c Nab-o ayor
ATTEST:
Debra L. Thomas, City Clerk
APPROVED AS TO FORM:
Richard L. Adams, II \
City Attorney
1 STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO )
CITY OF GRAND TERRACE j
I Debra L. Thomas, City Clerk of the CITY OF GRAND TERRACE, CALIFORNIA,
DO HERBY CERTIFY that the foregoing Resolution, being Resolution No. 2017-15 was
duly passed, approved and adopted by the City Council, approved and signed by the
Mayor, and attested by the City Clerk, at the regular meeting of said City Council held
on the 27th day of June, 2017, and that the same was passed and adopted by the
following vote:
AYES: Council Members Hussey, Reinarz; Mayor Pro Tern Robles; Mayor
McNaboe
NOES: -
ABSENT: Council Member Wilson
ABSTAIN:
Executed this 29th day of June, 2017, at Grand Terrace, California.
Debra L. Thomas, City Clerk-
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