HomeMy WebLinkAbout2009-06-25 - Resolution No. 09-08
RESOLUTION NO. 09-08
' RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA WATER DISTRICT
ADOPTING THE APPROPRIATIONS LIMIT
FOR FISCAL YEAR 2009/10
WHEREAS, under the terms of Article XIIIB of the California Constitution and
Government Code Section 7900 at 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 by the Board of Directors of the Yorba Linda
Water District 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 2009/10 of
$7,214,668.
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 25th day of June 2009, by the following called vote:
AYES: Directors Armstrong, Beverage, Collett, Mills and Summerfield
NOES: None
ABSTAIN: None
ABSENT: None
ohn W. SummerField, President
Yorba Linda Water District
Resolution No. 09-08 Adopting the Appropriations Limit for FY 2009/10 1
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ATTEST:
Ken Vecchiarelli, Secretary
Yorba Linda Water District
Reviewed as to form by General Counsel:
Arthur G. Kidman, Esq.
McCormick, Kidman and Behrens
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Resolution No. 09-08 Adopting the Appropriations Limit for FY 2009/10 2