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Resolution 12890CITY OF ALAMEDA RESOLUTION NO. 12890 ESTABLISHING APPROPRIATIONS LIMIT FOR FISCAL YEAR 1997-98 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 fiscal year 1997-98; 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. The adjustment factors used to arrive at the 1997-98 limit are as follows: 1986-87 County Population increase of 2.26%; CPI of 2.30% 1987-88 County Population increase of 1.34%; CPI of 3.47% 1988-89 County Population increase of 1.51%; CPI of 4.66% 1989-90 County Population increase of 1.81%; CPI of 5.19% 1990-91 County Population increase of 1.36%; CPI of 4.21% 1991-92 City Population increase of 3.39%; CPI 4.14% 1992-93 City Population increase of 2.02%; CPI of -0.64% 1993-94 City Population increase of 2.06%; CPI of 2.72% 1994-95 City Population increase of 1.04%; CPI of 0.71% 1995-96 County Population increase of 1.27%; CPI of 4.72% 1996-97 County Population increase of 0.85%; CPI of 4.67% 1997-98 :=1 -4 0 z m City Population increase of 1.74%; Per Capita Personal Income 4.67% 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 $47,445,167 for fiscal year 1997-98. * 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 regular meeting assembled on the 17th day of June , 1997, by the following vote to wit: AYES: Councilmembers Daysog, DeWitt, Kerr, Lucas and President Appezzato - 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 18th day of June , 1997. Die Felsch, City Clerk City of Alameda