Attachment 1-GANN Resolution Redline
RESOLUTION 2019-
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
RESCINDING RESOLUTION 2019-031 AND ADOPTING A REVISED RESOLUTION
ESTABLISHING THE FY 2019/20 APPROPRIATIONS LIMIT
FOR THE TOWN OF LOS GATOS
WHEREAS, Article XIIIB of the California Constitution (Limitation of Government
Appropriations) was passed by the California electorate on November 6, 1979, and became
effective on July 1, 1980; and
WHEREAS, Chapter 1205, Statute of 1980, Section 7900 of the California Government
Code formally implements methods for governmental entities to establish and define annual
appropriations limits; and
WHEREAS, the growth factors used to calculate the Annual Appropriations Limit are
County or Town population change and the increase in the California per capita income.
WHEREAS, the Council approved Resolution 2019-031 establishing the Fiscal Year
2019/20 Appropriations Limit; and
WHEREAS, the Resolution 2019-031 contained a numerical error.
THEREFORE, BE IT RESOLVED: that the Resolution 2019-031 is hereby rescinded and the
Annual Appropriations Limit for the Town of Los Gatos for FY 2019/20 is $43,050,108 $43,333,304
as reflected in Exhibit A.
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los
Gatos, California, held on the 20thday of August 2019 by the following vote:
ATTACHMENT 1
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Resolution 2019 - August 20, 2019
COUNCIL MEMBERS:
AYES:
NAYS:
ABSENT:
ABSTAIN:
SIGNED:
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
DATE: __________________
ATTEST:
CLERK ADMINISTRATOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
DATE: __________________
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Resolution 2019 - August 20, 2019
For BeginningCountyTownPer CapitaEnding%
YEAppropriationPopulationPopulationIncome AppropriationLimit
June 30LimitFactorFactorFactorLimitIncrease
2009 26,416,980 1.01721.03181.0429 28,426,3677.61%
2010 28,426,367 1.01561.01081.0062 29,048,8112.19%
2011 29,048,811 1.01261.01010.9746 28,667,689-1.31%
2012 28,667,689 1.00891.00961.0251 29,669,3663.49%
2013 29,669,366 1.01241.00811.0377 31,169,6715.06%
2014 31,169,671 1.01571.01471.0512 33,279,9776.77%
2015 33,279,977 1.01501.01020.9977 33,701,4851.27%
2016 33,701,485 1.01131.00201.0382 35,384,2564.99%
2017 35,384,256 1.01261.00701.0537 37,754,1746.70%
2018 37,754,174 1.00811.00401.0369 39,464,3964.53%
2019 39,464,396 1.00991.00501.0367 41,317,7754.70%
2020 41,317,775 1.00330.99981.0385 43,050,1084.19%
FY 2019/20 Calculation
ATTACHMENT 1
CountyPer Capita2018/192019/20
PopulationIncome AppropriationAppropriationAppropriation
FactorFactorFactorLimitLimit
1.0033X1.0385=1.041927X$ 41,317,775 =$ 43,050,108
Percentage of Appropriation
2019/202019/20Percentage
TaxAppropriationof
RevenuesLimitLimit
30,447,571 /$ 43,050,108 =71%
EXHIBIT A
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Resolution 2019 - August 20, 2019