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RESOLUTION NO. 2019-057
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF ATASCADERO, CALIFORNIA,
ADOPTING THE FISCAL YEAR 2019-2020
ANNUAL SPENDING LIMIT
WHEREAS, Proposition III 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 2019-
2020 in establishing its new Annual Spending Limit.
City Population Growth and
Growth in Non -Residential Assessed Valuation
SECTION 2. That the annual spending limit for 2019-2020 is calculated as follows:
Fiscal Year
2019-2020
Percentage Change
4.44%
New Limit
$36,743,695
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, 6500 Palma Avenue, Atascadero, California
93422.
PASSED AND ADOPTED at a regular meeting of the City Council held on the 11th day of
June, 2019.
ATTEST:
(or Lara K.. Christensen, City Cler
APPRO hV)iD AS TO FORM:
Brian Pieerii)k, City Attorney
CITY OF ATASCADERO
4"
Heather Moreno, Mayor
n
STATE OF CALIFORNIA )
COUNTY OF SAN LUIS OBISPO )
CITY OF ATASCADERO )
E
I, AMANDA MUTHER, Deputy City Clerk of the City of Atascadero, DO HEREBY
CERTIFY that the foregoing Resolution No. 2019-057 was duly adopted at a regular meeting of
the City Council of the City of Atascadero held on the 1 lth day of June, 2019, by the following
roll call vote, to wit:
AYES: Council Members Fonzi, Funk, Newsom, Mayor Pro Tem Bourbeau and
Mayor Moreno
NOES: None
ABSENT: None
AMANDA MUTHER
DEPUTY CITY CLERK.
The foregoing is the original of Resolution No. 2019-057 duly passed and adopted by the
Atascadero City Council at their regular meeting held June 11, 2019.
AMANDA MUTHER -
DEPUTY CITY CLERK
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