HomeMy WebLinkAboutCC RES 95-054��-�`��
RESOLUTION NO. 95-54
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF PALM DESERT, CALIFORNIA
ESTABLISHING THE APPROPRIATIONS LIMIT
FOR THE 1995-96 FISCAL YEAR
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 loca� 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 XZII B by defining
various terms used in this article and prescribing procedures to be
used in implementing specific provisions of the article, including
the establishment each year by the governing body of each local
jurisdiction of its appropriations limit; and
WHEREAS, the required calculation to determine the
Appropriations Limit for fiscal year 1995-96 has been performed by
the Finance Department based on available information and is on
file with the Finance Department and available for public review;
WHEREAS, Finance staff will recalculate the Appropriations
Limit for respective fiscal periods including fiscal year 1995-96
as soon as information regarding the percentage changes in the
local assessment roll due to additional local nonresidential new
construction is made available by the Riverside County Assessor's
office;
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 $34,666,437 for 1995-
96 Fiscal Year.
PASSED, APPROVED AND ADOPTED at a regular meeting of the Palm
Desert City Council held on this 2zna day of ,7u:,e , 1995
by the following vote, to wit:
AYES: KELLY, SNYDER, SPIEGEL, CRITES
NOES : NOrrE
ABSENT: BENSON
ABSTAIN: NCNE
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� � FI21L�'R H. SNYDER, MA R PRO-TEMPORE
J` • _ �,� '_ City of Palm Desert, CA
SHEILA R:JB`lLLIGAN CITY
City of Palm Desqf , CA