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HomeMy WebLinkAboutReso 075-92 AppropriLimit 92-3RESOLUTION NO. 75 - 92. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 1992-93 WHEREAS, the voters of the State of California, in November, 1979, approved the addition of Article XIIIB to the California Constitution, popularly known as Proposition 4; and WHEREAS, Article XIIIB of the California Constitution places certain restrictions on appropriations made by cities in California beginning June 1, 1980; and WHEREAS, on November 24, 1981, the Alameda County Board of Supervisors adopted Resolution No. 092103 which established an appropriations limit of $5,361,000, effective February 1, 1982, for the newly incorporated City of Dublin; and WHEREAS, restrictions on City appropriations are based upon those appropriations funded by Proceeds of Taxes and adjusted by changes in the County's population plus the change in the State Per Capita Personal Income. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby adopt the City's Appropriations Limit for Fiscal Year 1992-93 of $18,978,048, which has been calculated in accordance with state law. PASSED, APPROVED AND ADOPTED this 9th day of June, 1992. AYES: Councilmembers, Burton, Howard, Jeffery, Moffatt & Mayor Snyder NOES: None ABSENT: None ABSTAIN: None ATTEST: