HomeMy WebLinkAbout12-107 - Resolutions RESOLUTION NO. 12-107
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA ESTABLISHING
AN APPROPRIATIONS LIMIT PURSUANT TO ARTICLE
X11113 OF THE CALIFORNIA STATE CONSTITUTION FOR
FISCAL YEAR 2012/13
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 fiscal year
2012/13, and;
WHEREAS, the Finance Director of the City of Rancho Cucamonga has
determined that said appropriations limit for the fiscal year 2012/13 be established in the
amount of$64,177,737.
NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Rancho
Cucamonga, California does hereby resolve that an appropriations limit for the fiscal year
2012/13 pursuant to Article XIIIB of the Constitution of the State of California be established in
the amount of$64,177,737 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 21st day of June 2012.
AYES: Alexander, Buquet, Michael, Spagnolo, Williams
NOES: None
ABSENT: None
ABSTAINED: None
t!
L. Denin-ITMichael, Mayor
ATTEST:
Jani C. Reynolds, City 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 21st day of June 2012.
Executed this 22"d day of June 2012, at Rancho Cucamonga, California.
- In �sH
Ja 'ce C. Reynolds, City Clerk
Resolution No. 12-107 - Page 2 of 2