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HomeMy WebLinkAboutReso 73-1990RESOLUTION NO. 73-90 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING THE 1987-88 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 based upon the 1978-79 budget, plus adjustments for cost of living and population changes and specific ~xceptions for service charges, federal and state grants, reserve funds and so on; and WHEREAS, Division 9 of Title I of the Government Code (commencing with Section 7900) implements Article XIIIB of the California Constitution; and WHEREAS, in accordance with the law the City of South San Francisco has prepared documentation establishing its 1987-88 appropriation limit and has made this documentation available to the public for more than fifteen days; NOW, TJEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that it finds: e F.~r 1987-88 the City's appropriation limit is $34,739,676. T~e Adopted Budget for 1987-88 includes $24,904,612 in appropriations w~ich are subject to the limit, and estimated proceeds of taxes of $18,867,123. F.~r 1987-88 the City of South San Francisco is within the limits of A~ticle XIIIB of the California Constitution. I here}y 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 27th day of June vote: AYES: , 1990 by the following Councilmembers Jack Draqo, Gus Nicolopulos, John R. Penna, Roberta Cerri Teqlia, and Richard A. Haffey NOES: None ABSTAIN: None ABSENT: None