HomeMy Public PortalAbout24 Appropriation Limit 98-99Town of Truckee
California
RESOLUTION NO. 98-24
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TRUCKEE
ESTABLISHING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 1998-1999
PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTION
WHEREAS, Article XIIIB of the California Constitution provides that the total annual
appropriations subject to limitation of each governmental entity, including this Town, shall not
exceed the appropriation limit of such entity of government for the prior year adjusted for changes
in population and inflation mandated by Proposition 4 passed in November, 1979, and Proposition
111 in June, 1990, except as otherwise provided for in said Article XIIIB and implementing State
statutes; and
WHEREAS, pursuant to said Article XIIIB of said Califomia Constitution, and Section 7900 et seq.
of the California Government Code, the Town is required to set its appropriation limit for each fiscal
year; and
WHEREAS, the Town Manager has interpreted the technical provisions of said Propositional
computations and bas caused a technical review to be made of the documentation for the Town's said
appropriation limitation, and has caused the numbers upon which the Town's appropriation limit was
and is based to be calculated, and in the process has relied on the temporary base limit approved by
the voters upon incorporation on November 3, 1992, to the present fiscal year of 1998-1999; and
WHEREAS, based on such calculations the Town Manager has determined the appropriation limit
and, pursuant to Section 7910 the Califomia Government Code, has made available to the public the
documentation used in the determination of said appropriation limit;
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
TRUCKEE, that said appropriation limit for fiscal year 1998-99 shall be and is hereby set in the
amount of $7,018,145 for said fiscal year.
Town of Truckee Resolution
Page 2
The foregoing Resolution was introduced at a Regular Meeting of the Town Council of the Town
of Truckee, held on the 2nd day of July, 1998, by Councilmember Drake who moved its adoption,
which motion being duly seconded by Councilmember McCormack was upon roll call carried and
the Resolution adopted by the following vote:
AYES:
Councilmembers Drake, McCormack, Schneider, Susman & Mayor Florian
NOES: None
ABSENT: None
Ronald J. Florian, Mayor
ATTEST:
Stephen L. ~-----~g' t, To'~Elerk