HomeMy WebLinkAbout14-106 - Resolutions RESOLUTION NO. 14-106
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA ESTABLISHING AN
APPROPRIATIONS LIMIT PURSUANT TO ARTICLE XIIIB OF
THE CALIFORNIA STATE CONSTITUTION FOR FISCAL YEAR
2014/15
WHEREAS, Article X11113 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 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 2014/15, and;
WHEREAS, the Finance Director of the City of Rancho Cucamonga has determined that
said appropriations limit for Fiscal Year 2014/15 be established in the amount of$68,820,930.
NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Rancho
Cucamonga, California does hereby resolve that an appropriations limit for Fiscal Year 2014/15
pursuant to Article XIIIB of the Constitution of the State of California be established in the amount
of $68,820,930 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.
Resolution No. 14-106 - Page 1 of 2
PASSED, APPROVED, AND ADOPTED this 26"'day of June 2014.
AYES: Alexander, Michael, Spagnolo, Steinorth, Williams
NOES: None
ABSENT: None
ABSTAINED: None
ni ael, Mayor
ATTEST:
P 'q— -W"
L74A
Ja ice C. Reynolds, tity CI rk
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 Regular Meeting
of said City Council held on the 261' day of June 2014.
Executed this 26'h day of June 2014, at Rancho Cucamonga, California.
/- -U �n 44±.
J ' C. Reynolds, City Clerk
Resolution No. 14-106 - Page 2 of 2