HomeMy WebLinkAbout18672 - RESOLUTIONS - 7/19/1995 RESOLUTION NO. 18672
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS CALIFORNIA, ADOPTING AN APPROPRIATIONS
LIMIT FOR THE FISCAL YEAR ENDING JUNE 30,
1996.
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
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 19,95-96 is
$57, 026, 734 .
ADOPTED this 19th day of July , 1995.
AYES: Members Hodges, Kleindienst, Lyons, Reller-Spurgin and Mayor Maryanov
NOES: None
ABSENT: None -�
ATTEST CI OF PALM SPRIT , CALIFORNIA
G
By _City Clerk City Mfnager
REVIEWED & APPROVED .-
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