HomeMy WebLinkAbout2008-06-26 - Resolution No. 08-08U
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RESOLUTION NO. 08-08
RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA WATER DISTRICT
ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2008-2009
WHEREAS, under the Corms of Article XhIB of the California Constitution an'.
Government Cede Section 7,900 of sec;., ail local agencies are
requirod to establish, by resolution. an appropriation limit for earl-;
fiscal year, and
WHEREAS. in .tuns 1990, voters in tI A State of C;alifor.7ia approved proposition
If wl iictl a!4FeridS-d C"}1.11d Cu1!,F!?4nt CrJ6♦JeiutiVtt --C100 et f;eq..
inodified the method of calculating the appropriation limit and
requires all local agencies to select. by resolution, the annual
adiLlsfinent factors used to perform the calculations and
WHEREAS, ttt , District staff has performed the required calculations t,.
r9etermine the lu ntts free said year in compliance vied tne above
provisions
t4OW THEREFORE BE IT RESOLVED +t This Hoar^ :;f Directors of t i 'orb:
.n n `4'ater District does heroby resolve, determines and order as follows
Section 'I. nit there is neredy adopted. pursuant to Article XIIJR of trim
aiifornia Constitution and Government Code Section 7900 or say.,
as amenoeo by Proposition 111. an appropriations limit to :scai
't ar 2 0 litl 'G f} i)0 .l v't ~J.14 J: =t4 V.
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Section 2. She annual adjusti ieni factors are Cho weighted av mo'--:
percentage change its the population of the cities .*=Cubit: vie
District's jurisdichor., and the percentage change in the C;alitornia
Per Capita Incor-ne
PASSED AND ADOPTED this 26th day of June, 2008, by the following callea
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