CC Resolution No. 00-190 RESOLUTION NO. 00-190
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CLrPERTII'40
ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL YEAR
2000-01
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 of 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 county population percentage change 11.27% and the California per
capita personal income change is 4.91%.
In computing the 2000-01 limit, City Council has elected to use the city population
percentage change, and the California per capita income change was used, but the Council has a
right to change nonrcsidentiai 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 2000-01 fiscal appropriation limit of $45,594,955.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 19th day of June 2000, by the following vote:
Vote Members of the City Council
Burnett, Chang, James, Lowenthal, Statton
AYES:
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: