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HomeMy WebLinkAboutReso 090-88 AppropriationFY88-9RESOLUTION NO, 90 -88 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ADOPTING THE APPROPRIATION LIMIT FOR FISCAL YEAR 1988-89 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 July 1, 1980; and WHEREAS, on November 24, 1981 the Alameda County Board of Supervisors adopted Resolution No. 0921'03 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 City's population plus the lesser of the change in the State Per Capita Personal Income or the U.S. CPI. 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 1988-89 of $12,825,787 which has been calculated in accordance with state law. PASSED, APPROVED AND ADOPTED this 21sC day of June 1988. AYES: Councilmembers Hegarty, Moffatt, Snyder, Vonheeder and Mayor Jeffery NOES: None ABSENT: None