HomeMy WebLinkAbout21071 - RESOLUTIONS - 9/1/2004 ' RESOLUTION NO. 21071
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS
CALIFORNIA,ADOPTING AN APPROPRIATIONS LIMIT FOR THE
FISCAL YEAR ENDING JUNE 30, 2005.
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 2004-05 is $94,969,438.
ADOPTED this 1 st day of September, 2004.
AYES: Members Foat, McCulloch, Mills, Pougnet and Mayor Oden
NOES: None
ABSENT: None
ATTEST CITY OF PALM SPRINGS, CALIFORNIA
�7
By
Ci y Clerk City Manager
REVIEWED &APPROVED