CC Resolution 12328RESOLUTION NO. 12328
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2018/19
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 County of Santa Clara's population
growth; and
WHEREAS, the City Council of the City of Campbell wishes to establish this
appropriations limit for the Fiscal Year 2018/19 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
2018/19 is $70,508,410.
PASSED AND ADOPTED this 19th day of June, 2018 by the following roll call
vote:
AYES: Councilmembers: Gbbons, Landry, Crstina, Waterman, Resnkoff
NOES: Councilmembers: None
ABSENT: Councilmembers: None
APPROVED:
i~~. ~~
Paul Resnikoff, Mayor
ATTEST:
Wendy W d, City Clerk