Loading...
HomeMy WebLinkAbout87-329 - Resolutions RESOLUTION NO. 87-329 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 1987-88 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 otherwise 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 1987-88; and WHEREAS, the Assistant Finance Director of the City of Rancho Cucamonga has determined that said appropriations limit for the Fiscal Year 1986-87 be established in the amount of $14,058,803. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga that an appropriation limit for the Fiscal Year 1987-88 pursuant to Article XIIIB of the Constitution of the State of California be established in the amount of $14,058,803, 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 23rd day of June, 1987. AYES: Brown, Stout, King, Wright NOES: None ABSENT: BUquet Dennis L. Stout, Mayor Resolution No. 87-329 Page 2 ATTEST: Beverly A./Authelet, City Clerk I, BEVERLY A. AUTHELET, 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 a regular meeting of said City Council held on the 23rd day of June, 1987. Executed this 23rd day of June, 1987 at Rancho Cucamonga, California. Beverly A~/Authelet, Cit~ Clerk