HomeMy WebLinkAboutCC Res 3174 1982-06-28
RESOLUTION NO.~J'jf~
,
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SEAL BEACH, CALIFORNIA, ESTABLISHING THE
APPROPRIATIONS LIMIT FOR FISCAL YEAR 1982-83
AS REQUIRED BY ARTICLE XIII B OF THE STATE
CONSTITUTION MORE COMMONLY REFERRED TO AS
PROPOSITION 4. THE GANN INITIATIVE
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The City Council of the City of Seal Beach does hereby resolve:
WHEREAS, it is desirable to establish, each fiscal year, an appropriations
limit to curtail expenditure of tax revenues in conformity with
Article XIII B of the State Constitution; and
WHEREAS, it is important to set the aforementioned appropriations limit
before adoption of the annual city budget for the following fiscal
year; and
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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, 1983,
the City of Seal Beach establishes an appropriations limit of $4,784,326. Be
it further resolved the foregoing appropriations limit excludes proposed
appropriations of $5.191,910 which are not subject to the spending limitations
imposed by Article XIII B of the State Constitution.
PASSED, APPROVED AND ADOPTED by the City Council of the City of S a
California, at a meeting thereof held on the .;21;#- day
1982 by the following vote:
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AYES:
NOES:
Counci lmember(s
Councilmemtier(s
ABSENT: Councilmember(s
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Mayo r ...
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