HomeMy WebLinkAboutResolution 2010-039 RESOLUTION NO. 2010-039
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ATASCADERO, CALIFORNIA, ADOPTING THE FISCAL YEAR
2010-2011 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 2010-2011 in establishing its new Annual Spending Limit:
County Population and
Per Capita Personal Income
SECTION 2. That the annual spending limit for 2010-2011 is calculated as follows:
I
Fiscal Year Percentage Change New Limit
2010-2011 -1.69% $20,325,398
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 Clay and seconded by Council Member Beraud, the
foregoing Resolution is hereby adopted in its entirety on the following roll call vote:
AYES: Council Members Beraud, Clay, Kelley, O'Malley and Mayor Fonzi
NOES: None
ABSENT: None
ADOPTED: June 8, 2010
City of Atascadero
Resbluticn No. 2010-039
Page 2 of 2
CITY OF ATASCADERO
By:
Roberta Fonzi, Mayor
Q Attest:
Marcia McClure Torgerson,C.MI
City
APPROVED AS TO ORM:
Brian A. Pierik, City Attorney