HomeMy WebLinkAbout17889 - RESOLUTIONS - 6/17/1992 RESOLUTION NO. 17889
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS
CALIFORNIA, ADOPTING AN APPROPRIATIONS LIMIT FOR
THE FISCAL YEAR ENDING JUNE 30, 1993.
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,
WHEREAS the options for calculation will be California Per Capita
s
Income and the County of Riverside population growth;
NOW THEREFORE BE IT RESOLVED by the City Council of the City
of Palm Springs that, 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 1992-93
is $50,525,853.
ADOPTED this 17th day of June 1992.
k AYES: Councilmembers Hodges, Lyons, Schlendorf, and Mayor Maryanov
NOES: None
r ABSENT: Councilmember Reller
! ; ATTEST CI Y LM SP vCALIFORNIA
By
` _;'City Clerk ity anager
• REVIEWED & APPROVED ,
186
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