HomeMy WebLinkAbout1999-08-12 - Resolution No. 99-08RESOLUTION NO. 99-08
RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA WATER DISTRICT
ADOPTING THE APPROPRIATIONS LIMIT
FOR FISCAL YEAR 1999-2000
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 I I 1 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, determines 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 sea., as amended by
Proposition 111, an appropriations limit for fiscal year 1999-2000 of $3,028,479.
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 12th day of August, 1999, by the following called vote:
Ayes: Korn, Abramowitz and Barbre
Noes: None
Absent: Armstrong and Beverage
Abstain: None /
President, Arthur C. orn
Yorba Linda Wate istrict
Se ry, illiam J. Robertson
Yorba Linda Water District