HomeMy WebLinkAboutReso 062-87 AppropriationLimit RESOLUTION NO. 62- 86
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ADOPTING THE APPROPRIATIONS LIMIT
FOR FISCAL YEAR 1986-87
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. 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 State Per Capita Personal Income or CPI and
population on an annual basis.
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 1986-87 of $7,672,746 which has been
calculated in accordance with state law.
PASSED, APPROVED AND ADOPTED this 26th day of June,
1986.
AYES:
Councilmembers Hegarty, Jeffery, ~onheeder
and Mayor Snyder
NOES:
ABSENT:
None
Counci lmember Moffat~~
'~ Mayor'
City Cl~rk