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HomeMy WebLinkAboutReso 73-1991 RESOLUTION NO. 73-91 CiT~ COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING THE 1991-1992 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 b]dget, plus adjustments for cost of living and population changes and specific exceptions for service charges., federal and state grants, reserve funds andi 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 1991-92 appropriation limit and has made this documentation available to the public for more than fifteen days. NOW,iTHEREFORE, BE IT RESOLVED by the City Council of the City of South San Franciisco that it finds: 1. FDr 1991-92 the City's appropriation limit is $44,283,754. The adjustment factors used for calculation of this 1991-92 appropriation liimit are change in City population and California Per Capita Personal Income. 2. The Adopted Operating and Capital Budgets for 1991-92 includes $121,849,252 in appropriations which are subject to the limit, and e~timated proceeds of taxes of $24,941,820. 3. F~r 1991-92 the City of South San Francisco is within the limits of Alrticle XIIIB of the California Constitution. *i * * * * * and adopt reqular following AYES: NOES: ABSTAIN: ABSENT: I hereby certify that the foregoing Resolution was regularly introduced ed by the City Council of the City of South San Francisco.at a meeting held on the 26th day of June , 1991, by the vote: City Councilmembers Richard A. Haffev, Gus Nicolopulos, Roberta Cerri Teqlia, and Mayor Jack Draqo City Councilmember John R. Penna None None 2