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HomeMy WebLinkAbout10-086 - Resolutions RESOLUTION NO. 10-086 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA ESTABLISHING AN APPROPRIATIONS LIMIT PURSUANT TO ARTICLE X1116 OF THE CALIFORNIA STATE CONSTITUTION FOR FISCAL YEAR 2010/11 WHEREAS, Article XI11B 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 X11113, and; WHEREAS, pursuant to said Article X11113 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 fiscal year 2010/11, and; WHEREAS, the Finance Director of the City of Rancho Cucamonga has determined that said appropriations limit for the fiscal year 2010/11 be established in the amount of $60,086,155. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga, California does hereby resolve that an appropriations limit for the fiscal year 2010/11 pursuant to Article XI11B of the Constitution of the State of California be established in the amount of $60,086,155 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. Please see the following page for formal adoption,certification and signatures PASSED, APPROVED, AND ADOPTED this 10th day of June 2010. AYES: Kurth, Michael, Williams NOES: None ABSENT: Gutierrez, Spagnolo ABSTAINED: None tr 1� Donald . Kurth, M.b., Mayor ATTEST: "L'L ? nice C. Reynolds, Cit Clerk I, JANICE C. REYNOLDS, 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 Special Meeting of said City Council held on the 10th day of June 2010. Executed this 14th day of June 2010, at Rancho Cucamonga, California. nice C. Reynolds, City Merk Resolution No. 10-086 - Page 2 of 2