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Resolution 15284CITY OF ALAMEDA RESOLUTION NO. 15284 ESTABLISHING APPROPRIATIONS LIMIT FOR FISCAL YEAR 2017 -18 WHEREAS, pursuant to Article XIIIB of the Constitution of the State of California, the City Council of the City of Alameda is required to establish an appropriations limit for FY 2017 -18; and WHEREAS, the Appropriations Limit has been determined in accordance with uniform guidelines for Article XIIIB of the California Constitution; and WHEREAS, the voters approved Proposition 111 in June 1990, which allows for new adjustment formulas for the appropriations limit calculation that is responsive to local growth issues; and WHEREAS, the adjustment factors used to arrive at the FY 2017 -18 limit are as follows: County Population increase of 0.99 %; Non - residential new construction increase of 4.44% NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that said Council hereby establishes the Appropriations Limit in the amount of $117,971,552 for FY 2017 -18. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 20th day of June 2017, by the following vote to wit: AYES: Councilmembers Ezzy Ashcraft, Matarrese, Oddie, Vella and Mayor Spencer — 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said City this 21 st day of June 2017. Lara Weisiger, City Clerk City of Alameda Approved as to Form: Janet . Kern, City Attorney City of Alameda