HomeMy WebLinkAbout2008-053 RESOLUTION NO. 2008-053
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
am ATASCADERO, CALIFORNIA, ADOPTING THE FISCAL YEAR
2008-2009 ANNUAL SPENDING LIMIT
WHEREAS, Proposition 111 revises the methodology used to calculate the Annual
Spending Limit; and,
WHEREAS, the City of Atascadero must select the most appropriate criteria to be used
in calculating the annual limit.
NOW, THEREFORE, BE IT RESOLVED,by the City Council of the City of Atascadero
SECTION 1. That the City of Atascadero elects to use the following criteria for fiscal
year 2008-2009 in establishing its new Annual Spending Limit:
City Population and
Per Capita Personal Income
SECTION 2. That the annual spending limit for 2008-2009 is calculated as follows:
Fiscal Year Percentage Change New Limit
2008-2009 6.5009% $17,285,548
SECTION 3. Any judicial action or challenge must be commenced within 45 days of the
effective date of this resolution.
SECTION 4. Documentation used in determining the Annual Spending Limit is
available to the public in the Administrative Services Department, 6907 El Camino Real,
Atascadero, California.
On motion by Council Member Beraud and seconded by Council Member Luna, the
foregoing Resolution is hereby adopted in its entirety on the following roll call vote:
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City of Atascadero
Resolution No. 2008-053
Page 2 of 2
AYES: Council Members Beraud, Clay, Luna, O'Malley and Mayor Brennler
NOES: None
ABSENT: None
ADOPTED: July 8, 2008
CITYASC ERO
BY: A�
Mie trennler, Mayor
Attest:
Marcia McClure Torgerson, C.M.C., Cit Clerk
APPROVED AS TO FORM:
Brian A. Pierik, City Attorney
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