Res 97-043RESOLUTION NO. 97- 043
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF POWAY, CALIFORNIA,
ADOPTING AN APPROPRIATIONS LIMIT FOR
FISCAL YEAR ENDING JUNE 30, 1998
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
1997-1998 is $88,010,600.
PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway,
California, at a regular meeting thereof this 24th day of June 1997.
Do
ATTEST:
Wahlsten, City Clerk
Resolution No. 97-043
Page 2
STATE OF CALIFORNIA )
) SSo
COUNTY OF SAN DIEGO )
I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby
certify under penalty of perjury that the foregoing Resolution No. 97- 043 was
duly adopted by the City Council at a meeting of said City Council held on the
24th day of June, 1997, and that it was so adopted by the following vote:
AYES: CAFAGNA, EMERY, GOLDBY, REXFORD, HIGGINSON
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
arjor~K. Wahlsten, City Clerk