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HomeMy WebLinkAbout24638RESOLUTION NO. 24638 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, ADOPTING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR ENDING J U N E 30, 2020. WHEREAS Article XIIIB of the Constitution of the State of California mandates an appropriation and expenditure limit on various units of government, including the City of Palm Springs; and WHEREAS that limit has been calculated by the Finance Department of the City of Palm Springs using current guidelines provided by the State Department of Finance; and WHEREAS the City Council of the City of Palm Springs desires to formally adopt that appropriations limit for the City; and WHEREAS the options for calculation will be California Per Capita Income and the City of Palm Springs population growth. THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. In accordance with Article XIIIB of the Constitution of the State of California, the appropriations limit for the City of Palm Springs for the fiscal year 2018- 2019 is $174,530,075. ADOPTED THIS 19th DAY OF JUNE, 2019. David H. Ready, 2!��w City Manager ATTEST: Anthony J. ejia, City Clerk Resolution No. 24638 Page 2 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) CITY OF PALM SPRINGS) CERTIFICATION SS. I, ANTHONY J. MEJIA, City Clerk of the City of Palm Springs, hereby certify that Resolution No. 24638 is a full, true and correct copy, and was duly adopted at a regular meeting of the City Council of the City of Palm Springs on the 19th day of June, 2019, by the following vote: AYES: Councilmembers Holstege, Mayor Moon NOES: None ABSENT: None ABSTAIN: None Middleton, Roberts, Mayor Pro Tern Kors, and IN WITNESS WHEREOF, I have hereunto set my hand nd affixed the official seal of the City of Palm Springs, California, this (o� day of V� ,�&Lcj ony J. M 'ia, M City Clerk