Res 03-049RESOLUTION NO. 03- 049
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF POWAY, CALIFORNIA,
ADOPTING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR
ENDING JUNE 30, 2004
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
I, 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 XlIIB of the Constitution of the State of California, the
appropriations limit for the City of Poway for Fiscal Year 2003-2004 is $177,949,937.
PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway,
California, at a regular meeting thereof this 24th day of June 2003.
ATTEST:
~ L~o · A~nn: Pe~oples, C ~y Cl--~k~'~''
Resolution No. 03- 049
Page 2
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
I, Lori Anne Peoples, City Clerk of the City of Poway, do hereby certify under penalty
of perjury that the foregoing Resolution No. 03-049 was duly adopted by the City
Council at a meeting of said City Council held on the 24th day of June 2003, and that it
was so adopted by the following vote:
AYES:
EMERY, GOLDBY, HIGGINSON, REXFORD
NOES: NONE
ABSTAIN: NONE
ABSENT: CAFAGNA
~riAnne Peoples, ~lty~le~rk '