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Res 85-036RESOLUTION NO. 85-036 A RESOLUTION OF THE CITY {~DUNCIL OF THE CITY OF POW-AY, C~nT~ORNIA, ADOPTING AN APPROPRIATIONS TJ~IT FOR FISCAL YEAR ENDING JUNE 30, 1986 WHEREAS, the C~nn 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 ~--.c~n 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 1985-1986 is $9,307,076. PASSED, ADOPTfl) ~ APPROVfD, by the City Council of the City of Poway, California, at a regular ~ting thereof this llth day of June, 1985. l~Dbert C. Emery, Mayo~ M~rjori~ k. Wahlsten, City Clerk