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HomeMy WebLinkAbout2014-34 CC Reso - Fixing Limitation on Expenditures for FY 14-15 I RESOLUTION NO. 2014-34 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH FIXING LIMITATION ON CITY EXPENDITURES FOR FISCAL YEAR 2014-2015 WHEREAS, the provisions of Proposition 4, (Article XIII B of the California Constitution), the spending initiative, passed by the voters of the State of California, place a limitation on the I expenditures of governmental agencies; and WHEREAS, the above referenced legislation requires the City of Ukiah to establish its appropriation limit for the 2014-2015 fiscal year; and WHEREAS, the Director of Finance of the City of Ukiah has computed the limitation of the City ' of Ukiah for the 2014-2015 fiscal year in accordance with the provisions thereof in the amount of $35,302,689. � NOW, THEREFORE, BE IT RESOLVED, that the budgetary appropriation limitation of the City of Ukiah for fiscal year 2014-2015 is hereby fixed at $35,302,689, as set forth on Exhibit "A" attached hereto and made a part hereof by this reference. PASSED AND ADOPTED this 17'" day of September 2014, by the following roll call vote: AYES: Councilmembers Scalmanini, Crane, Thomas, Landis, and Mayor Saldwin NOES: None ABSTAIN:None ABSENT: None '/ � f��iZz"'� — � Philipv . Baldwin, Mayor ATTEST: • � �"� � �� l� G �-C �� GLG �C L � � City Clerk S\AdmfnislralionWsendas K ASRs\09-17-Id Reeular Mcetine\09-17-11 7<I a Gann 2014-U-msadocs