HomeMy WebLinkAboutCC RES 2014-69RESOLUTION NO. 2014- 69
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF P46vi DESERT,
CALIFORNIA, ESTABLISHING THE APPROPRIATIONS LIMIT FOR THE
2014-2015 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 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 defining various terms
used in this Article and prescribing procedures to be used in implementing specific provisions of the
Article, jurisdiction of its appropriations limit; and
WHEREAS, the required calculation to determine the Appropriations Limit for Fiscal Year
2014-2015 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 2014-2015, 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 $106,102,286 for
2014-2015 Fiscal Year.
PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council
held on this 26'h day of June 2014, by the following vote, to wit:
AYES: BENSON, HARNIK, WEBER, and TANNER
NOES: SPIEGEL
ABSENT: NONE
ABSTAIN: NONE
VAN G. TANNER, MAYOR
ATTEST:
RACHELLE D. KLASSEN, CITY CLERK
CITY OF PALM DESERT, CALIFORNIA
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