HomeMy WebLinkAboutResolution 92-284 11/02/1992FZesolUtion No. 92-284 N,C,~,
of the City of Petaluma, California
RESOLUTION ADOPTING THE APPROPRIATION LI11~IT FOR
FISCAL YEAR 1992-93
WHEREAS, the people of California on November 6, 1979, added
Article XIII-B to the State Constitution placing various limitations on the
appropriations of the State and local governments; and
WHEREAS., the State Legislature adopted Chapters 1.205 and 1342
of the 1980 Statutes which implemented Article XIII-B; and
WHEREAS, the people of California on June 5, 1990 amended
Article XIII-B effective July 1, 1990; and
WHEREAS, the interpretation and application of the amendments
have not been determined by the legislature; and
WHEREAS, the provisions of the amendments have been
interpreted by a coalition of statewide organizations; and
WHEREAS, the organizations have issued through the League of
California Cities revised guidelines to recalculated the appropriatlons limit; and
WIIEREAS, 7902 of the Government Code provides the process in
which to calculate the appropriations limit and 7910 of the Government Code
requires cities to adopt a resolution setting the annual appropriation limit at a
regularly scheduled meeting or a noticed special meeting; and
WHEREAS, the City of Petaluma has complied with the provisions
of Article XIII-B in determining the appropriations limit for Fiscal Year 1992-93;
and
NOW, THEREFORE, H IT RESOLVED that the appropriations
limitfor Fiscal Year 1992-93 shall be $23,288,486.
EE IT FURTHER RESOLVED that the City Council reserves the
right to revise the appropriations limit if information. regarding growth in non-
residential assessed valuation becomes available from the County of Sonoma.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the -_,_._-Ap roved as to
Council of the City of Petaluma at a (Regular) (lL~,~b~i#fiz~~~SXaY) meeting ~ °~
on the .....21141--•---....... day of ............~1.QV~11~~~I' .......................... 19...2, by the
following vote:
Ci y Attorney
AYES: Read, Davis, Sobel, Nelson, Vice Mayor Cavanagh, Mayor Hilligoss
NOES: None
ABSENT: Woolsey
-- ~' .-
ATTEST: . -.--.. ... ...... ............... ..... ......
ity Clerk Mai
Cbuacil File-....----..-.-..--.°---•---.....
CA 10-85 Res. No. .........92._284... N.C.S