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HomeMy WebLinkAboutCC RESO 15,548RESOLUTION NO. 15,548 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY ESTABLISHING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 1987-88 WHEREAS, the voters of California on November 6, 1979, added Article XIII-B to the California Constitution placing various limitations on the appropriations of the State and local governments; and WHEREAS, the appropriations limit for fiscal year 1987- 88 was calculated by adjusting the appropriations limit for prior fiscal years for changes in the cost of living and population; and WHEREAS, the information necessary for making these adjustments is attached in Exhibits A, B and C; and WHEREAS, the City of National City has complied with all the provisions of Article XIII-B in determining the appropriations limit for fiscal year 1987-88. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the appropriations limit for fiscal year 1987-88 shall be $13,621,416. BE IT FURTHER RESOLVED that Resolution No. 15,360 is hereby superseded. PASSED and ADOPTED this 1st day of March, 1988. GEORGE H. WATERS, MAYOR ATTEST: TOIL CAMPBELL ION AMPBELL, CITY CLERK BY: C-T c < CvicltA APPROVED AS TO FORM: GEORGE H. EISER, III -CITY ATTORNEY