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Resolution Number 86-5-20-2RESOLUTION NO. 86-5-20-2 ESTABLISHING APPROPRIATION LIMITS - 1986-87 FISCAL YEAR A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, ESTABLISHING APPROPRIATION LIMITS FOR 1986-87 FISCAL PERIOD 101 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 1986-87 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 1986-87 fiscal period in the amount of $15,265,982.00. PASSED, APPROVED AND ADOPTED this .20th day of May , 1986 KENNETH E. FRIESS, MAYOR ATTEST: mi -me ..i/ 1r,-0 . � -1- -102 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. 86-5-20-2 , adopted by the City Council of the City of San Juan Capistrano, California, at a regular meeting thereof held on the 20th day of May , 1986 , by the following vote: AYES: Councilmen Schwartze, Bland, Hausdor£er, and Mayor Friess NOES: None ABSENT: Councilman Bu(cch]h�eim (SEAL) MAR ANN MANOVER, CITY LE -2-