HomeMy WebLinkAboutCC Res 3483 1985-06-10
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RESOLUTIorl ~1/83
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEAL BEACH, CALIFORNIA SETTING THE APPROPRIATIONS
LIMIT FOR FISCAL YEAR 1985/86 AS REQUIRED BY
ARTICLE XIIIB OF THE STATE CONSTITUTION MORE
COMMONLY KNOWN AS PROPOSITION 4, THE GANN INITIATIVE
THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE:
WHEREAS, it is necessary to establish each fiscal year, an appropriation
limit to curtail expenditures of tax revenues in compliance
with Article XIIIB of the State Constitution; and
WHEREAS, it is important to set the appropriations limit before
adoption of the annual City budget; and
WHEREAS, it has been determined that establishment of an appropriations
limit is a legislative act.
NOW, THEREFORE, BE IT RESOLVED that for the fiscal year ending June 30, 1986,
the City of Seal Beach establishes an appropriations limit of $5,416,541,
which excludes appropriations of $6,533,950 not subject to the spending
limit imposed by Article XIIIB of the State Constitution.
NOES:
PASSED, APPROVED AND ADOPTED by the C~y Coun
at a meeting thereof held n the /~. day of
fOllowing vote:
AYES: Councilmembe
the City of Seal Beach
, 1985, by. the
Councilmember
ABSENT: Councilmember
ATTE T:
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) 55
CITY OF SEAL BEACH )
I, Joanne M. Yeo, City Clerk of the City of Seal Beach, California, do
hereby certify tha! ~ foregoing resolution is the original copy of
Resolution Number~on file in the office of City Clerk, passed,
approved and adopted by the City Council ~ the C ty f Seal Beach at a
regular meeting thereof held on the /~- day 0 1985.
~._..,t?n ( y2
C' Clerk