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HomeMy WebLinkAbout94-29 RESOLUTION NO. 94-29 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH FIXING LIMITATION CITY EXPENDITURES FOR FISCAL YEAR 1993-94 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 1993-94 fiscal year; and WHEREAS, the Director of Finance of the City of Ukiah has computed the limitation of the City of Ukiah for the 1993-94 fiscal year in accordance with the provisions thereof in the amount of $15,440,907; and WHEREAS, the appropriation limitation for the 1993-94 fiscal year was determined by utilizing the change in California Per Capita Income for the 1993-94 fiscal year and the percentage of population change within Mendocino County as estimated by the State of California, Department of Finance estimates as of 3anuary 1, 1993. NOW, THEREFORE, BE IT RESOLVED that the budgetary appropriation limitation of the City of Ukiah for Fiscal Year 1993-94 is hereby fixed at $15,440,907, as set forth on Exhibit "A" attached hereto and made a part hereof by this reference. /// /// /// PASSED AND ADOPTED this 17th day of November 1993, by the following roll cal vote: AYES: Councilmembers Mastint Malone~ Shoemaker and Mayor Schneiter NOES: None ABSENT: Counci lm~mber Wa~kenburg~r R: RES2 Limit Fred Schneitert Mayor