HomeMy WebLinkAboutCC Resolution 8428 (Appropriations Limit)RESOLUTION NO. 8428
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SAN RAFAEL ESTABLISHING APPROPRIATIONS
LIMIT FOR 1991/92
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; and
WHEREAS, the City has elected to use the percent change
in the City population and the percent change in the California Per
Capita Income.
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 1991/92 for the City of San Rafael at $20,090,740 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 17th day of June ,
1991, by the following vote to wit:
AYES: COUNCILMEMBERS: Boro, Brei ner, Shippey, Thayer & Mayor Mul ryan
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
IDIGINAI
%i
JE M. LEONCIN City Cler.:
E X H I B I T
A
Calculated 1990/91 Limit $18,797,474
Permitted Increase x 1.0595
1991/92 Limit $20,090,740