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HomeMy WebLinkAboutReso 66-1992 RESOLUTION NO. 66-92 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING THE 1992-1993 APPROPRIATION LIMIT FOR THE CITY OF SOUTH SAN FRANCISCO PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTION WHEREAS, Article XIIIB of the California Constitution states that all state and local government budgets are limited to a formula Dased upon the 1978-79 budget, plus adjustments for cost of livir.g and population changes and specific exceptions for service charges, federal and state grants, reserve funds and so on; and WHEREAS, Division 9 of (commencing with Section 7900) California Constitution; and Title 1 of the Government Code implements Article XIIIB of the WHEREAS, in accordance with the law the City of South San Francisco has prepared documentation establishing its 1992-1993 appropriation limit and has made this documentation available to the public for more than fifteen days. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of South San Francisco that it finds: For 1992-93 the City's appropriation limit is $44,805,544. The adjustment factors used for calculation of this 1992-93 appropriation limit are the change in County population and California Per Capita Personal Income. For 1992-93 the City of South San Francisco is within the limits of Article XIIIB of the California Constitution. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 24th day of June , 1992 by the following vote: AYES: NOES: Councilmembers Jack Draqo, Joseph A. Fernekes. Robert Ye~., and Vice Mayor Roberta Cerri Teglia None ABSTAIN: None ABSENT: Mayor John R. Penna