HomeMy WebLinkAbout9/6/2006 - STAFF REPORTS - 2.W. RESOLUTION NO.
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS
CALIFORNIA, ADOPTING AN APPROPRIATIONS LIMIT
FOR THE FISCAL YEAR ENDING JUNE 30, 2007.
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 City
of Palm Springs 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 2006-07 is
$106,518,537.
ADOPTED this day of September,2006.
David H. Ready, City Manager
ATTEST:
James Thompson, City Clerk
ITEM NO.Z' "•
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that
Resolution No. 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
by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
James Thompson, City Clerk
City of Palm Springs, California