RES 2013-071CITY OF SOUTH LAKE TAHOE
RESOLUTION NO. 2013 -71
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTH LAKE TAHOE
ESTABLISHING THE APPROPRIATION LIMIT FOR THE FISCAL YEAR 2013/2014
IN COMPLIANCE WITH PROPOSITION 111 IN THE AMOUNT OF $61,939,867
WHEREAS, Article XIIIB of the California Constitution and Section 7910 of the Government
Code of the State of California provide that the governing body of each jurisdiction shall by
resolution establish its appropriation limit for the following fiscal year; and
WHEREAS, Proposition 111 approved in November 1990 now requires that the limit be
calculated using new growth factors; and
WHEREAS, the City Council has reviewed the appropriate growth factors and does hereby
choose the population growth within El Dorado County to better reflect the average daily
population; and
WHEREAS, the City Council has reviewed the appropriate cost of living factors and does
hereby choose the per capita personal income factor; and
WHEREAS, documentation used in determination of the appropriation limit has been
available to the public since September 9, 2012, in the Accounting Division, meeting the required
fifteen (15) day period for public inspection as required by law; and
WHEREAS, the Council of the City of South Lake Tahoe now desires to adopt said
appropriation limit,
NOW THEREFORE, BE IT RESOLVED by the Council of the City of South Lake Tahoe that
the appropriation limit for the 2013 /2014 fiscal year is established as being $61,939,867.
PASSED AND ADOPTED by the City Council of the City of South Lake
Tahoe on November 5, 2013 by the following vote.
AYES: Council members DAVIS, COLE, CONNER. LATNE & SWANSON
NOES: Council members
ABSENT: Council members
ABSTAIN: Council members
f ` 4)ct
Tom Davis
ATTESV
a
Susan Alessi, City Clerk