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HomeMy WebLinkAbout2006-79 limitation expendituresRESOLUTION NO. 2006-79 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH FIXING LIMITATION ON CITY EXPENDITURES FOR FISCAL YEAR 2006-2007 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 expenditures of governmental agencies; and WHEREAS, the above referenced legislation requires the City of Ukiah to establish its appropriation limit for the 2006-2007 fiscal year; and WHEREAS, the Director of Finance of the City of Ukiah has computed the limitation of the City of Ukiah for the 2006-2007 fiscal year in accordance with the provisions thereof in the amount of $28,486,475; and WHEREAS, the appropriation limitation for the 2006-2007 fiscal year was determined by utilizing the change in California per capita income for the 2006-2007 fiscal year and the percentage of population change within Mendocino County as estimated by the State of California, Department of Finance estimates as of January 1, 2006. NOW, THEREFORE, BE IT RESOLVED, that the budgetary appropriation limitation of the City of Ukiah for fiscal year 2006-2007 is hereby fixed at $28,486,475, as set forth on Exhibit "A" attached hereto and made a part hereof by this reference. PASSED AND ADOPTED this 18th day of October 2006, by the following roll call vote: AYES: NOES: None ABSTAIN: None ABSENT: None ATTEST: '~ty Clerk Councilmember Crane, McCowen, Rodin, Baldwin and Mayor Ashiku