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HomeMy WebLinkAbout1988-12-22 - RESOLUTIONS - ANNUAL APPROPRIATIONS LIMIT (3)RESOLUTION NO. 88-157 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1988-1989. WHEREAS, the voters of California, on November 6, 1979, added Article XIII -B to the State Constitution placing various limitations on the appropriations of state and local governments; and WHEREAS, at the incorporation election for the City of Santa Clarita (City) the voters set the Article XIII -B, appropriations limit at $20,000,000, with the fiscal year 1985-1986 as the base year for increases as provided by law; and WHEREAS, based upon all the information available for making these adjustments, the City staff of the City has complied with the incorporation legislation and all of the provisions of Article XIII -B in determining the appropriation limit for fiscal year 1988-1989. NOW, THEREFORE, the City Council of the City of Santa Clarita hereby resolves as follows: SECTION 1. That the appropriations limit in fiscal year 1988-1989 shall be $ 30,230,236 for the City of Santa Clarita. SECTION 2. That the City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED AND ADOPTED this 22nd day of December , 19 88. AL& MAYOR ATTES rw TY vCLEIRK A� I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita, at a regular meeting thereof, held on the 22nd day of December , 1988 , by the following vote of the Council: AYES: COUNCILMEMBERS Boyer, Darcy, Heidt, Koontz, McKeon NOES: COUNCILMEMBERS ABSENT: COUNCILMEMBERS IVZCTT1/`CL7RREC -2- tbn/RES1548