Loading...
HomeMy WebLinkAboutCC Resolution 8965 (Appropriations Limit 1993-94)RESOLUTION 8965 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL AMENDING THE 1991/92 AND 1992/93 APPROPRIATIONS LIMIT AND ESTABLISHING APPROPRIATIONS LIMIT FOR 1993/94 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 City population and the percent change in the local assessment roll due to local nonresidential construction 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 amend the Appropriations Limit for fiscal year 1991/92 for the City of San Rafael at $20,677,221 and the 1992/93 limit at $22,310,721 and does hereby establish the Appropriations Limit for fiscal year 1993/94 for the City of San Rafael at $23,381,635 as documented in Exhibit A, attached hereto and incorporated herein by reference as though fully set forth. BE IT FURTHER RESOLVED that the above limit will be amended to equal the actual proceeds of taxes as provided by Ordinance 1579, which was adopted by the voters on November 7, 1989, when the actual figures are available. 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 21st day of June 1993, by the following vote to wit: AYES: COUNCILMEMBERS: Breiner, Cohen, Shippey, Thayer & Mayor Boro NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None JEA `'E• M. LEONCII�S•I, City Clerk �RIGINNi A� Exhibit A Calculated 1990/91 Limit Revised permitted increase Revised 1991/92 limit Calculated 1991/92 Limit Permitted increase 1992/93 limit Calculated 1992/93 Limit Permitted increase 1993/94 limit $18,797,474 x 1.10 $20,677,221 $20,677,221 x 1.079 $22,310,721 $22,310,721 x 1.048 $23,381,635