Loading...
Resolution Number 87-5-19-1325 RESOLUTION NO. 87-5-19-1 ESTABLISHING APPROPRIATION LIMITS - 1987-88 FISCAL YEAR A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, ESTABLISHING APPROPRIATION LIMITS FOR 1987-88 FISCAL PERIOD WHEREAS, Article 13B of the State of California Constitution establishes and defines limits on the amount of proceeds from taxes which may be appropriated for expenditures by state and local governments; and, WHEREAS, the City Council of the City of San Juan Capistrano is desirous of implementing spending limitations pursuant to said Article; and, WHEREAS, the appropriation limit for the City for the 1987-88 fiscal period is equal to the sum of all appropriations initially available for expenditure during the 1978-79 fiscal period from the proceeds of taxes, and as adjusted for changes in the cost of living and population. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Juan Capistrano, California, hereby establishes an appropriation limit for the 1987-88 fiscal period in the amount of $16,554,324.00. PASSED, APPROVED, AND ADOPTED this 19th day of May ,1987. ANTHONY L. ND, MAYOR ATTEST: -1- 826 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) I, MARY ANN HANOVER, City Clerk of the City of San Juan Capistrano, California, DO HEREBY CERTIFY that the foregoing is a true. and correct copy of Resolution No. 87-5-19-1 adopted by the City Council of the City of San Juan Capistrano, California, at a regular meeting thereof held on the 19th day of May , 1987, by the following vote: AYES: Councilmen Schwartze, Friess, Buchheim, Hausdorfer and Mayor Mand NOES: None ABSENT: None (SEAL) , MARY ANN HANOVER, CITY CLE -2-