HomeMy WebLinkAbout2021-06-08 - Resolution No. 2021-18 RESOLUTION NO. 2021-18
RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA WATER DISTRICT
ADOPTING THE APPROPRIATIONS LIMIT
FOR FISCAL YEAR 2022
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 appropriations 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., modifying the
method of calculation for the appropriations limit and requiring 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
limit for Fiscal Year 2021/22, in compliance with the above provisions and
made the documentation used in the determination of the appropriations
limit and other necessary determinations available to the public at least
fifteen days prior to the date of this meeting.
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 2021/22 of
$8,354,460.
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 8th day of June 2021 by the following called vote:
AYES: Directors DesRoches, Hawkins, Jones, Lindsey, and Miller
NOES: None
ABSTAIN: None
ABSENT: None
Phil Hawkins, President
Yorba Linda Water District
Resolution No.2021-18 Adopting the Appropriations Limit for FY22 1
ATTEST:
Annie Alexander, Secretary
Yorba Linda Water District
Reviewed as to form by General Counsel
Andrew B. Gagen, Esq.
Kidman Law LLP
Resolution No.2021-18 Adopting the Appropriations Limit for FY22 2
YORBA LINDA WATER DISTRICT
ARTICLE XIIIB APPROPRIATIONS LIMIT CALCULATION
FY 2021/22
Fiscal Year: 2021-2022
Budget vs.Actual: Budget
FY 2020/21 Appropriations Limit $ 7,938,209
Adjustment Factors:
2021/22 Price Factor 5.73% 1.0573
2021/22 Population Factor -0.46% 0.9954
1.0524
FY2021/22 Appropriations Limit $ 8,354,460
Appropriations Subject to Limitation
Proceeds of Property Taxes $ 2,025,000
FY2021/22 Appropriations Limit $ 8,354,460
Less Appropriations Subject to Limit $ 2,025,000
(Over)/Under Limit $ 6,329,460
in accordance with Article XIII B of the California Constitution and California Government
Code Section 7900 et. seq.,the attached calculation for the District's Appropriation Limit
for Fiscal Year 2021 has been posted and made available to the public as of May 13,2021.
della Lugo
Finance/ ager
Yarba Linda
Water District