HomeMy WebLinkAboutCC Resolution 9409 (Appropriations Limit 1995-96)RESOLUTION 940.9
A RESOLUTION OF THE SAN RAFAEL CITY COUNCIL ESTABLISHING THE
APPROPRIATIONS LIMIT FOR 1995/96.
WHEREAS, Proposition 4, which was voted upon by the voters of
the State of California on November 6, 1979, places various
limitations on the fiscal powers of state and local governments;
and
WHEREAS, Senate Bill 1352, which implements Proposition 4,
requires that the governing body of each local jurisdiction shall
establish its Appropriations Limit at a regularly scheduled meeting
or noticed special meeting; and
WHEREAS, documentation used in the determination of the
Appropriations Limit has been available in the Finance Department
as provided by Senate Bill 1352.
WHEREAS, the City has elected to use the percent change in the
County population and the percent change in the per capita personal
income as provided by Proposition 111.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the
City of San Rafael, pursuant to the formula set forth in Senate
Bill 1352, does hereby establish the Appropriations Limit for
fiscal year 1995/96 for the City of San Rafael at $26,113,235 as
documented in Exhibit A, attached hereto and incorporated herein by
reference as though fully set forth.
I, JEANNE M. LEONCINI, Clerk of the City of San Rafael, hereby
certify that the foregoing resolution was duly and regularly
introduced and adopted at a regular meeting of the City Council of
said City held on MONDAY , the 17th day of JULY 1
1995, by the following vote to wit:
AYES: COUNCILMEMBERS:Cohen, Heller, Phillips, Zappetini &
Mayor Boro
NOES: COUNCILMEMBERS:None
ABSENT: COUNCILMEMBERS:None
JEA1 M. LEONCIN`I, City Clerk
Exhibit A
Calculated 1994/95 Limit
Permitted increase
$ 24,635,128
x 1.06
1995/96 limit $ 26,113,235