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CC Resolution 12008RESOLUTION NO. 12008 ~A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2016/17 PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION WHEREAS, Proposition 4 was adopted by the voters of the State of California on November 6, 1979, adding Article XIII B of the California State Constitution; and WHEREAS, Proposition 111 was adopted by the voters of the State of California on June 5, 1990, amending Article XIII B of the California State Constitution; and WHEREAS, pursuant to Section 8 of Article XIII B of the California State Constitution, the City Council determines that the change in the cost of living shall be measured by the percentage change in Per Capita Personal Income as provided by the State of California Department of Finance from the preceding year and the change in population shall be measured by the change in the City of Campbell's population growth; and ~ . WHEREAS, the City Council of the City of Campbell wishes to establish this appropriations limit for the Fiscal Year 2016/17 pursuant to Article XIII B of the California State Constitution; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell hereby finds and determines that the appropriations ,limit for Fiscal Year 2016/17 is $64,424,831. . PASSED AND ADOPTED this 21st day of June, 2016 by the following roll call vote: AYES: Councilmembers: Kotowski, Resnikoff, Cristina, Gibbons, Baker NOES: Councilmembers: None ABSENT: Councilmembers: None APPROVED: .~-~ Jason T. Baker, Mayor ATTEST: Wendy od, City Clerk