HomeMy WebLinkAboutCC Resolution 7749 (Spending Limit 1988-89)RESOLUTION NO. 7749
A RESOLUTION OF THE SAN RAFAEL CITY COUNCIL
ESTABLISHING APPROPRIATIONS LIMIT FOR 1988/89
WHEREAS, Proposition 4, which 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 Sentate Bill 1352.
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 1988/89 for the City of San Rafael at
$20,545,770, 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
Council of said City on MONDAY , the 20th day of
JUNE , 1988, by the following vote, to wit:
AYES: COUNCILMEMBERS:Boro, Breiner, Frugoli, Thayer & Mayor Mulryan
NOES: COUNCILMEMBERS:None
ABSENT: COUNCILMEMBERS:None
JEA . LEONCINI, City C erk
6RIPINAI
EXHIBIT A
CITY OF SAN RAFAEL
CALCULATION OF THE PERMITTED
GROWTH RATE IN APPROPRIATIONS
FOR 1988/89
1987/88 Limit
Paramedic Tax
1988/89 Limit
$18,919,910
x1.0492%
$19,850,770
+695,000
$20,545,770
* Additional amount approved by voters in June