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R 3922 RESOLUTION NO. 3922 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING A TAX PROCEEDS EXPENDITURE APPROPRIATION LIMIT FOR FISCAL YEAR 2006-07 WHEREAS, Sections 7900 et seq. of the Government Code provides for the effective and efficient implementation of Article XIIIB of the California Constitution; and WHEREAS, Sections 7901 throu9h 7914 provide that each year, the governing body of each local jurisdiction shall, by Resolution at a regularly scheduled meeting, establish the annual adjustment factors to be used and the appropriation limit; and WHEREAS, any judicial action or challenge to the appropriations limit shall be commenced within 60 days of the effective date of the Resolution adopted in accordance with Government Code Section 7910. NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Arroyo Grande as follows: 1. The California per capita income and the population of San Luis Obispo County, California are recognized as the annual adjustment factors for Fiscal Year 2006-07. 2. The appropriation limit for Fiscal Year 2006-07 is hereby set at fourteen million, nine hundred and seventy-six thousand, eight hundred and eighty-two dollars ($14,976,882). 3. Documentation used in determination of the appropriation limit is set forth in Exhibit A, attached hereto and incorporated herein by this reference. 4. This Resolution is effective on its date of adoption. On motion of Council Member Arnold, seconded by Council Member Costello, and on the following roll call vote, to wit: AYES: NOES: ABSENT: Council Members Arnold, Costello, Dickens, Guthrie, and Mayor Ferrara None None the foregoing Resolution was passed and adopted this 13th day of June, 2006. RESOLUTION NO. ~'ld-d-. PAGE 2 ~ TONY FER , MAYOR ATTEST: ~~ RE, CITY CLERK APPROVED AS TO CONTENT: rSTE . ~M- i Cd..q ffl~ DAMS, CITY M NAGER ~ . rt 0 APPROVED AS TO FORM: <( .... :.c .<: >< W 'D 'D on ..... N ..... N o, M 00 0\ M M ~ 00 ..... r-: ~ 0 vi 00 00 0 t- ..... M 0\ t- 7. ..,f 0 ~ ...... ...... "" '" '" V:l ~ kl II II U C) ~ <l., ~ 0 0 0 ~ ~ ~ 0 ~ + on ~ A 0 N + 0 0 M on 0 Z ~ ~ N ~ ~ 'D 0 M r- ~ 0 ~ h , 0 ~ "" M 0 0 0 ..... 0 '-' '" '-' <.: ~ ..... ;;.. ~ -0: t- U 0 til 'D II 0 f,iI >- o, . t::: \0 ..., ~ ....l M 0 ~ ~ -0: 0 U ..... ;:J < ~ Vl U) , , ~ rJ:J ~ Cs u: ... <( rJ:J <.: 0 f,iI ~ f,iI 0 ~ 0 U t- o, o, X <l., "- <I'! t- o, o, ;;.. <( ;;.. <l., on on N N on ...:l '" '" '" ..... N '" ..... E-< "<: OJ) <( k. ::: ~ - ro U U C) .c: rJ:J 0 ~ u - rJ:J ~ ~ ..... ] '" ~ Q - t::: OJ) f,iI ::; ::: 0 f,iI "<: 'D ro - 0 <= .c: ~ U...:l ::3 0 0 u Oz on .~ '" ..... U 0 .g 0 - ~O '-' 0 .;:: S ~ .~ ::; ll.._ ..... 0- 0 ro CJ ... 8 u ... ... - t- ..... <8 ::: 0 0 ...:l 0 <( 0- - ~ ~ z '- ~ 0- OJ ::: ::: ~~ ] ro '" 0 ::: 0 OJ) 0 Oll.. '" .~ '0; - .c: 0 <= '" ..... .....0 ~ U) ro ... ::: ... '" .c: OJ) '" <( Q~ >. '" > ::: 6 .g .D p.. ::: U on \0 ~ f,illl.. 0 0 ro ~ 0 .c: 0 .....ll.. .~ "'d ro <= 0 0 .~ ~ u .g N M U U ll.. <( <( ... 's. 0 0- :e. ~ ::; 0 ro ro ~ ... ~ u 3 - 0- 3 ... 0- ll.. ..... 0- :::2 '" 0 ll.. rJ:J <( p.. p.. <( f,iI OFFICIAL CERTIFICATION I, KELLY WETMORE, City Clerk of the City of Arroyo Grande, County of San Luis Obispo, State of California, do hereby certify under penalty of perjury, that Resolution No. 3922 is a true, full, and correct copy of said Resolution passed and adopted at a regular meeting of the City Council of the City of Arroyo Grande on the 13th day of June 2006. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 15th day of June 2006. KELLY ~ E, CITY CLERK