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R-076-15 Approving and adopting the annual GANN Limit for FY 2015-16 (6.16.15)
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R-076-15 Approving and adopting the annual GANN Limit for FY 2015-16 (6.16.15)
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2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />81 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLUTION NO. R-76-15 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON <br />APPROVING AND ADOPTING THE ANNUAL GANN LIMIT FOR THE <br />FISCAL YEAR 2015-16 <br />WHEREAS, the voters of California, on November 6, 1979, added Article XIII -B to the <br />State Constitution placing various limitations on the appropriations of the state and local <br />governments; and <br />WHEREAS, Article XIII -B provides that the appropriations limit for the Fiscal Year <br />2014-15 is calculated by adjusting the base year appropriations of Fiscal Year 1978-79 for <br />changes in the cost of living and population; and <br />WHEREAS, the City of Colton has complied with all the provisions of Article XIII -B in <br />determining the appropriations limit for Fiscal Year 2015-16 utilizing the County population <br />index;and <br />WHEREAS, the City of Colton must make the necessary determinations regarding the <br />use of a cost -of -living index change and the population index change beginning in 2015-16; <br />NOW, THEREFORE, BE IT RESOLVED that the appropriations limit for Fiscal Year <br />2015-16 shall be $73,587,700 for the City of Colton as reflected in Schedules A and B, and; <br />BE IT FURTHER RESOLVED, that for the Fiscal Year 2015-16, the City of Colton <br />selects the California percentage change in per capita income as its cost -of -living index change <br />as determined by the California State Department of Finance and that the City of Colton selects <br />the population index change for the County as a whole instead of the change in City population <br />as its population index change. <br />PASSED, APPROVED AND ADOPTED this 16th day of June, 2015. <br />Richard A. DeLaRosa, Mayor <br />ATTEST: <br />Carolina R. Padilla, City Clerk <br />
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