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HomeMy WebLinkAbout2000-09-24 - Resolution No. 00-10RESOLUTION NO. 00-10 RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA WATER DISTRICT ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2000-2001 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, 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 seq., as amended by Proposition 111, an appropriations limit for fiscal year 2000-2001 of $3,226,741. 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 th1s24th day of September, 2000, by the following called vote: AYES: Directors Armstrong, Abramowitz, Barbre, Beverage, Korn NOES: None ABSENT: None ABSTAIN: None President, Michel J. Beverage Yorba Linda Water District Secrete ~ n J. Robertson Yorba Linda Water District 0