HomeMy WebLinkAbout1994-05-23 - Resolution No. 94-080 0
RESOLUTION NO. 94-08
RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA WATER DISTRICT
ADOPTING THE APPROPRIATIONS LIMIT
FOR FISCAL YEAR 1994-95
WHEREAS, under the terms of Article XIIIB of the California Constitution and
Government Code Section 7900 et seq., all local agencies are required
to establish, by resolution, an appropriation limit for each fiscal year;
and,
WHEREAS, in June 1990,voters in the State of California approved Proposition
111 which amended Government Code Section 7900 et seq., modified
the method of calculating the appropriation limit and requires all local
agencies to select, by resolution, the annual adjustment factors used to
perform the calculations; and,
WHEREAS, the District staff has performed the required calculations to determine
the limits for said year in compliance with the above provisions.
NOW THEREFORE BE IT RESOLVED that the Board of Directors of the Yorba
Linda Water District does hereby resolve, determine and order as follows:
Section 1. That there is hereby adopted, pursuant to Article XIIIB of the California
Constitution and Government Code Section 7900 et seq., as amended by
Proposition 111, an appropriations limit for fiscal year 1994-95 of
$2,348,727.
Section 2. The annual adjustment factors are the weighted average percentage change
in the population of the cities within the District's jurisdiction, and the
percentage change in the California Per Capita Income.
PASSED AND ADOPTED this 23rd day of May, 1994 by the following called vote:
Ayes: 4 - Carl Scanlin, Arthur Korn, Paul Armstrong, Sterling Fox
Noes: 0
Absent: 1 - Michael Beverage
Abstain: 0
President, Carl T. Scanlin
Yorba Linda Water District
illiam J. Robertson
Water District