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Resolution No. 4937 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 4937 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON ESTABLISHING A GENERAL GOVERNMENT APPROPRIATIONS LIMIT FOR THE FISCAL YEAR ENDING JUNE 30, 1983 PURSUANT TO GOVERNMENT CODE ~7910 WHEREAS, ~7910 of the Government Code requires the governing body of each local jurisdiction to establish, by resolution, an appropriations limit for each fiscal year; and WHEREAS, the appropriations limit for the 1980-1981 fiscal year is determined by multiplying the total amount of appropriations for the fiscal year 1978-1979, by the lesser of the change in cost of living for the 1979 calendar year or the change in California per capita personal income for the 1978 calendar year, and multiplying this product by the change in population of the City of Vernon for the 1978 calendar year and thereafter multiplying this product by the lesser of the change in cost of living for the 1980 calendar year or the change in California per capita personal income for the 1979 calendar year and multiplying this product by the change in population of the City of Vernon for the 1979 calendar year. The above computation is attached hereto and incorporated herein as though fully set forth at length as Exhibit "A"; and WHEREAS, for the 1981-1982 fiscal year and each year thereafter, the appropriations limit of the City of Vernon shall equal the appropriations limit for the prior fiscal year multiplied by the lesser of the change in cost of living for the calendar year in which the fiscal year begins or the change in California per capita personal income for the calendar year 1 preceding the beginning of the fiscal year for which the 2 appropriations limit is to be determined, the product multiplied 3 by the change in population of the City of Vernon for the 4 calendar year preceding the beginning of the fiscal year for 5 which the appropriations limit is to be determined; and 6 WHEREAS, the appropriations limit for the fiscal year 7 1978-1979 was $12,223,946; and 8 WHEREAS, the appropriations limit for the fiscal year 9 1979-1980 was $13,621,999; and 10 WHEREAS, the appropriations limit for the fiscal year 11 1980-1981 was $15,097,261; and 12 WHEREAS, the appropriations limit for the fiscal year 13 1981-1982 was $17,232,014; and 14 WHEREAS, the City Clerk has posted a notice indicating 15 that the documentation used in the determination of the 16 appropriations limit provided for herein has been available for 17 inspection by the public for at least 15 days from and after 18 July 22, 1982; and 19 WHEREAS, the City Council of the City of Vernon hereby 20 intends to establish the appropriations limit for the fiscal year 21 1982-1983. 22 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF 23 THE CITY OF VERNON AS FOLLOWS: 24 SECTION 1: The City Council of the City of Vernon 25 hereby establishes $17,601,578 as the amount of the 26 appropriations limit for the fiscal year 1982-1983. 27 SECTION 2: The City Council of the City of Vernon 28 approved a budget by adopting Resolution No. 4920 on July 6, -2- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1982 which appropriated the amount of $11,279/483 for the fiscal year 1982-1983. SECTION 3: The City Council of the City of 'Vernon hereby declares that the budget established by Resolution No. 4920 complies with the requirements of Government Code ~7910. SECTION 4: The City Clerk of the City of Vernon shall certify to the passage of this Resolution and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 17th day of August, 1982 ~A/~ t?:t ';:'/t/vY THOMAS A. YBAR , Mayor Pro Tem ATTEST: ....~ ~~ B~ V. MALKENHORST, City Clerk -3- 9 10 11 12 13 14 15 (SEAL) 16 17 18 19 20 21 22 23 24 25 26 27 28 1 STATE OF CALIFORNIA 2 COUNTY OF LOS ANGELES ss. 3 4 I, BRUCE V. MALKENHORST, City Clerk of the City of 5 Verno.n, do hereby certify that the foregoing Resolution, being August 17 6 Resolution No. 4937 , was duly adopted by the City Council 7 of the City of Vernon, and was approved by the Mayor of said 8 City at a regular meeting of the City Council held on Tuesday, , 19 82. /7 . L!~1f&/ BRUCE V. ~1ALKENHOR I C~ ty Clerk -4- ::> . 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