CC Resolution No. 8176
RESOIm'ION NO, 8176
A RESOWl'ION OF '!HE CITY CXJUNCIL OF '!HE CITY OF aJPERl'INO
ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL YEAR 1990-91
WHEREAS, the state of California has adopted legislation requiring
local jurisdictions to calculate their appropriation limits in CXJI1'q)lying
with Article XIII B;
WHEREAS, said limits are det:eDI\inej by a formula based upon growth and
cost of livin;¡' factors or per capita incame whichever is less; and
WHEREAS, the local governing bcxly is required to set an appropriation
limit by adoption of a resolution;
WHEREAS, the pofUlation percentage chan;Je is 2,13% and the California
per capita personal incame chan;Je is 4.21%;
NCM, 'lHEREFUl<!!;, BE IT RESOLVED that the City Council of CUpertino
hereby approves a 1990-91 fiscal year appropriation limit of $23,639,175.
PASSED AND ADOPl'ED
City of CUpertino this
following vote:
Vote Members of the City Council
at a regular meetin;¡' of the City Council of the
3rd day of July , 1990 by the
AYES:
NOES:
ABSENl':
ABSTAIN:
Goldman, Koppel, Sorensen, Szabo, Rogers
None
None
None
APPROVED:
/s/ Barbara A. Rogers
Mayor, City of CUpertino
ATI'EST:
/s/ Dorothy Cornelius
city Clerk