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HomeMy WebLinkAbout95-090 - ResolutionsRESOLUTION NO. 95-090 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA ESTABLISHING AN APPROPRIATION LIMIT PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION FOR FISCAL YEAR 1995-96 WHEREAS, Article XIIIB of the State of California provides that the total annual appropriations subject to limitation of the State and of each local government shall not exceed the appropriations limit of such entity of government for the prior year adjusted for changes in the cost of living and population except as other wise provided in said Article XIIIB, and; WHEREAS, pursuant to said Article XIIIB of the Constitution of the State of California, the City Council of the City of Rancho Cucamonga deems it to be in the best interests of the City of Rancho Cucamonga to establish an appropriations limit for the Fiscal Year 1995-96, and; WHEREAS, the Finance Officer of the City of Rancho Cucamonga has determined that said appropriations limit for the Fiscal Year 1995-96 be established in the amount of $24,423,015. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve that an appropriation limit for the Fiscal Year 1995-96 pursuant to Article XIIIB of the Constitution of the State of California be established in the amount of $24,423,015 and the same is hereby established. BE IT FURTHER RESOLVED that said appropriations limit herein established may be changed as deemed necessary by resolution of the City Council. PASSED, APPROVED, AND ADOPTED this 8th day of June, 1995. AYES: Alexander, Biane, Curatalo, Gutierrez, Williams NOES: None ABSENT: None William J. Al~cander, Mayor Resolution No. 95-090 Page 2 ATTEST: Debra J. Adan~, CMC, City Clerk I, DEBRA J. ADAMS, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, California, at an adjourned meeting of said City Council held on the 8th day of June, 1995. Executed this 12th day of June, 1995, at Rancho Cucamonga, Califomia. Debra J. Adgn'is, CMC, City Clerk