Res 07-052
RESOLUTION NO. 07-052
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF POWAY, CALIFORNIA,
ADOPTING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR
ENDING JUNE 30, 2008
WHEREAS, the Gann Initiative or Proposition 4, hereby referred to as Article XIIIB
of the Constitution of the State of California, was passed by the people; and
WHEREAS, Article XIIIB mandated an appropriations limit on various units of
government, including the City of Poway; and
WHEREAS, that limit has been calculated by the Finance Division of the City of
Poway using current guidelines provided by the League of California Cities; and
WHEREAS, the City Council of the City of Poway desires to formally adopt that
appropriations limit for the City.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Poway
that in accordance with Article XIIIB of the Constitution of the State of California, the
appropriations limit for the City of Poway for Fiscal Year 2007-2008 is $255,930,113.
PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway,
California, at a regular meeting thereof this 19th day of June 2007.
ATTEST:
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Resolution No. 07-052
Page 2
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO)
I, L. Diane Shea, City Clerk of the City of Poway, do hereby certify under penalty of perjury
that the foregoing Resolution No. 07-052 was duly adopted by the City Council at a
meeting of said City Council held on the 19th day of June 2007, and that it was so adopted
by the following vote:
AYES: BOYACK, EMERY, REXFORD,CAFAGNA
NOES: NONE
ABSENT: HIGGINSON
DISQUALIFIED: NONE
L. iane Shea, City Clerk
City of Poway