R-027-12 Approving and Adopting Annual GANN Limit- Adopted 6.19.2012

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I RESOLUTION NO. R-27-12 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON APPROVING AND ADOPTING THE ANNUAL GANN 3 LIMIT FOR THE FISCAL YEAR 2012-13 4 WHEREAS, the voters of California, on November 6, 1979, added 5 Article XIII-B to the State Constitution placing various limitations on the 6 appropriations of the state and local governments; and 7 WHEREAS, Article XIII-B provides that the appropriations limit for g the Fiscal Year 2011-12 is calculated by adjusting the base year appropriations of 9 Fiscal Year 1978-79 for changes in the cost of living and population; and 10 WHEREAS, the City of Colton has complied with all the provisions of 11 Article XIII-B in determining the appropriations limit for Fiscal Year 2012-13 utilizing the County population index; and 12 WHEREAS, the City of Colton must make the necessary 13 determinations regarding the use of a cost-of-living g g g index change and the population 14 index change beginning in 2012-13; 15 NOW, THEREFORE, BE IT RESOLVED that the appropriations 16 limit for Fiscal Year 2012-13 shall be $61,004,535 for the City of Colton as reflected 17 in Schedules A and B, and; 18 BE IT FURTHER RESOLVED, that for the Fiscal Year 2012-13, the 19 City 20 of Colton selects the California percentage change in per capita income as its cost-of- 21 living index change as determined by the California State Department of Finance and that the City of Colton selects the population index change for the County as a whole 22 instead of the change in City population as its population index change. 23 24 PASSED, APPROVED AND ADOPTED this 19a' day of June, 2012. 25 Q 0A.-Il Sarahe& Zamora, M 26 ATTEST: 27 28 Eileen C. Gomez, City Clerk