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HomeMy WebLinkAboutCC RES 92-070RESOLUTION NO. 92- 70 A RESOLUTION OF THE CI`Y'� CaUNCIL 6F �''ii� CIZ'Y OF PALM DESERT, CALIFOttNIA, ESZ`�LIS��riG '�Y�i�: APPROPRIATIONS LIMIT F'OR THE 1992-93 F'I��AI. 7�F°AR.. WHEREAS, the voters approved the Gann Spending Limitation Initiative (Proposition 4) on November 6, 1979 adding Article XIII B to the Constitution of the State of California to establish and define annual appropriation limits on state and local government entities; and WHEREAS, Chapter 120-5 of the Revenue and Taxation Code Section 7910 (which incorporates California Senate Bill 1352) provides for the implementation of Article XIII B by defininq various terms used in this article and prescribinq procedures to be used in implementing specific provisions of the article, including the establishment each year by the governing body of each local jurfsdiction of ita appropriat3ons limit; and WHEREAS, the required Appropriations Limit for fiscal� the Finance Department and is on and available for public review; calculation to determine the tear 1992-93 has been performed by file with the Finance Department NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the City of Palm Desert appropriations limit is hereby established as �30,652,130 for 1992- 93 Fiscal Year. PASSED, APPROVED AND ADOPTED at a reqular meetinq of the Palm Desert City Council held on this 25th day of June , 1992 by the following vote, to wit: AYES: BENSON, CRITES, SNYDER, WILSON, KELLY NOES: NONE ABSENT: NONE ABSTAIN: NONE ATTE��' : � , ^ ; �� �,�' " �/.��1 �-.� SHEILA R. G� LIGAN,� TY CLERK CITY OF PALM DESER'!', CALIFORNIA