HomeMy WebLinkAboutCC Resolution 8678 (Appropriations Limit)RESOLUTION 8678
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SAN RAFAEL AMENDING THE 1991/92 APPROPRIATIONS
LIMIT AND ESTABLISHING APPROPRIATIONS LIMIT FOR 1992/93
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 $21,353,930 and does
hereby establish the Appropriations Limit for fiscal year 1992/93
for the City of San Rafael at $23,040,890 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 Mondav , the 15th day of
June , 1992, by the following vote to wit:
AYES: COUNCILMEMBERS: Breiner, Cohen, Shippey, Thaver & Mayor Boro
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
JE N LEONCINI, City Clerk
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EXHIBIT A
Calculated 1990/91 Limit $18,797,474
Revised Permitted Increase X 1.136
Revised 1991/92 Limit $21,353,930
Calculated 1991/92 Limit $21,353,930
Permitted Increase X 1.079
1992/93 Limit $23,040,890