HomeMy WebLinkAboutResolution 2000-028 RESOLUTION NO. 2000-028
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF ATASCADERO
ADOPTING THE FISCAL YEAR 2000-2001
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;
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
2000-2001 in establishing its new Annual Spending Limit:
County Population and California Per Capita Income
SECTION 2. That the annual spending limit for 2000-2001 is calculated as follows:
Fiscal Year Percentage Change New Limit
2000-2001 7.49% $9,761,093
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 Finance Department, Administration Building, 6500 Palma Avenue, Room 203,
Atascadero, California.
On motion by Council Member Luna, and seconded by Council Member Arrambide, the
foregoing Resolution is hereby adopted in its entirety on the following roll call vote:
AYES: Council Members Arrambide, Clay, Luna, Scalise and Mayor Johnson
NOES: None
ABSENT: None
ADOPTED: July 25, 2000
City of Atascadero
Resolution No.2000-028
Page 2
ATTEST: my OFA ERO
Marcia McClure Torgerson, City erk Ray John on, 4ayor
APPROVED AS TO FORM:
(4,q a Alm�&"
Roy'-J. Hanley, City A rney