HomeMy WebLinkAboutResolution 2020-033RESOLUTION NO. 2020-033
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ATASCADERO, CALIFORNIA, ADOPTING THE FISCAL YEAR
2020-2021 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 2020-2021 in establishing its new Annual Spending Limit:
County Population and
Growth in California Per Capita Personal Income
SECTION 2. That the annual spending limit for 2020-2021 is calculated as follows:
nn Fiscal Year Percentage Change New Limit
2020-2021 3.29% $37,952,563
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.
PASSED AND ADOPTED at a regular meeting of the City Council held on the 9th day of
June. 2020.
On motion by Council Member Fonzi and seconded by Council Member Funk, the foregoing
Resolution is hereby adopted in its entirety on the following roll call vote:
AYES:
Council Members Bourbeau, Fonzi, Funk, Newsom and Mayor Moreno
NOES:
None
ABSENT:
None
ABSTAIN:
None
ATTEST'
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V La-ra K. Clirisinse—% Cit--� Clerk
CITY OF ATASCADERO
Heather oreno, Mayor
City of Atascadero
Resolution No. 2020-033
Page 2 of 2
APPROVED AS T�ORM:
Brian Pierik, City Attomey
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