Resolution - 2012-40RESOLUTION NO.2012-40
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
COVINA, CALIFORNIA, SETTING THE ANNUAL APPROPRIATIONS
LIMIT FOR THE FISCAL YEAR ENDING JUNE 30, 2013
WHEREAS, Article XIIIB of the California Constitution requires the Legislative
Body to establish its appropriations limit at a regularly scheduled meeting for the upcoming fiscal
year ending June 30, 2013; and
WHEREAS, Section 7910 of the Government Code requires the governing body of
each local jurisdiction to make such determinations and establish its appropriations limit by
resolution; and
WHEREAS, the appropriations limit documentation has been available for public
inspection, per Section 7910 of the Government Code, prior to the approval of the limit by
Legislative Body.
WHEREAS, for the fiscal year ending June 30, 2013, the appropriations limit has
been computed using the change in population for the City of West Covina (rather than for the
County of Los Angeles) and the change in change in local assessed value due to the addition of
non-residential new construction (rather than the California per capita personal income).
NOW, THEREFORE, the City Council of the City of West Covina does resolve as
follows:
SECTION 1. The appropriations limit for year ending June 30, 2013, is established
at $126,177,278; and
SECTION 2. That the City Clerk shall certify to the adoption of this resolution and
the same shall be in full force in effect immediately upon adoption.
ATTEST:
Carrico
APPROVED AND ADOPTED on this 19th day of June 2012.
Nl&�OAT"
Mayor ichael Touhey
I, LAURIE CARRICO, CITY CLERK of the City of West Covina, California, do hereby certify
that the foregoing resolution was duly adopted by the City Council of the City of West Covina,
California, at a regular meeting held thereof on the 19th day of June 2012 by the following vote of
the City Council:
AYES: Herfert, Sanderson, Sotelo, Sykes, Touhey
NOES: None
ABSENT: None
ABSTAIN: None -
'1
City Clerk Laurie Carrico,
APPROVED AS TO FORM:
Ci Attorney old Alvarez-Glasman