CC Resolution No. 11-100 Appropriation Limit for Fiscal Year 2011-12 RESOLUTION NO. 11 -100
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
ESTABLISHING AND ADOPTING THE APPROPRIATION
LIMIT FOR FISCAL YEAR 2011 -12
WHEREAS, the State of California has adopted legislation requiring local jurisdictions to
calculate their appropriation limits in complying with Article XIII B; and
WHEREAS, said limits are determined by a formula based upon change in population,
(city or county), combined with either the change in inflation (California per capita income) or
the change in the local assessment roll due to local nonresidential construction; and
WHEREAS, the local governing body is required to set an appropriation limit by
adoption of a resolution; and
WHEREAS, the city /county population percentage change over the prior year is .89 %,
and the California per capita personal income change is - 2.51 %.
In computing the 2011 -12 limit, City Council has elected to use the city /county
population percentage change along with the California per capita income change, but the
Council has a right to change non - residential assessed valuation percentage when the figure is
available.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cupertino
hereby approves a 2011 -12 fiscal appropriation limit of $72,194,298.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 21 day of June 2011, by the following vote:
Vote Members of the City Council
AYES: Wong, Santoro, Mahoney, Wang
NOES: Chang
ABSENT: None
ABSTAIN: None
ATTEST: APPROVED:
1 !
City Clerk 0 , A , Mayor, City of Cupertino