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HomeMy WebLinkAboutReso 1995-17928 RESOLUTION NO. 17928 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ESTABLISHING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1995-96 PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTION WHEREAS, Article XIIIB of the California Constitution provides that the total annual appropriations subject to limitation of each governmental entity, including this City, shall not exceed the appropriation limit of such entity of government for the prior year adjusted for changes in population and inflation mandated by Proposition 4 passed in November, 1979 and Proposition 111 in June, 1990 except as otherwise provided for in said Article XIIIB and implementing State statues; and, WHEREAS, pursuant to said Article XIIIB of said California Constitution, and Section 7900 et seq. of the California Government Code, the City is required to set its appropriation limit for each fiscal year; and, WHEREAS, the Director of Finance of the City of Chula Vista has interpreted the technical provisions of said propositional computations and has reviewed documentation of the City's said appropriation limitation; and, WHEREAS, based on such calculations the Director of Finance Administrator has determined the said appropriation limit and, pursuant to Section 7910 of said California Government Code, has made available to the public the documentation used in the determination of said appropriation limit. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, California that said appropriation limit for Fiscal Year 1995-96 shall be and is hereby set in the amount of $160,883,640 for said Fiscal Year. Presented by ~ai; for ,~ ~ Bruce M. Boogaard ' Director of Finance City Attorney Resolution No. 17928 Page 2 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 20th day of June, 1995, by the following vote: YES: Councilmembers: Alevy, Moot, Padilia, Rindone, Horton NOES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None ATTEST: Beverly ~.' Authelet, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 17928 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 20th day of June, 1995. Executed this 20th day of June, 1995. Beverl uthelet, City Clerk