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Resolution 15403CITY OF ALAMEDA RESOLUTION NO. 15403 ESTABLISHING APPROPRIATIONS LIMIT FOR FISCAL YEAR 2018-19 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 2018-19; and WHEREAS, the Appropriations Limit has been determined in accordance with uniform guidelines for Article XI I I B 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 2018-19 limit are as follows: County Population increase of 0.64%; Per Capita personal income increase of 3.67% 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 $123,328,438 for FY 2018-19. 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 19th day of June 2018, 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 20th day of June 2018. �,{� a Lara Weisiger, City qeA City of Alameda Approved as to Form: Jaa6f C. Kern, City Attorney City of Alameda