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HomeMy WebLinkAboutReso - CC - 065-1986RESOLUTION NO. 15-86 RESOL TION ESTABLISHING 1986 1987 APP LIMIT FOR II B OF THE ANT TO RE�OLVED by the CITY COUNCIL of the CITY OF BURLINGAME that; WHEREAS, in November 1979, the voters of the State of California approved proposition 4, the Gann Appropriation Limit Initiative, which states that beginning July 1, 1986, all state and local government budgets are limited to a formula based upon the 1978-79 budget, plus adjustments for cost of living and population changes, and specific exceptions for service charges, federal and state grants, reserve funds, etc.; and WHEREAS, the State Legislature adopted Chapter 1205, Statutes of 1980, implementing Article XIII B of the California WH Burlingame 1986-1987 a documentati in the propo NOW 1. 2. 3. nstitution; and EAS, in accordance with the above the City of s prepared documentation establishing our ropriation limit, and has made this available to the public for more than 15 days sed budget; THEREFORE, IT IS HEREBY RESOLVED as follows: For 1986-87 the City's appropriation limit is $22,256,652. The Adopted Budget for 1986-87 includes $21,884,822 in appropriations which are subject to limit, and estimates taxes of $15,584,000. For 1986-87 the City of Burlingame is within the limits of Article XIII B of the California Constitution. Mayor I, JUDITH A. MALFATTI, City Clerk of the City of Burlingame do hereby certify that the foregoing resolution was introduced at a regular meeting of the City Council held on the 16th day of June ,1986, and adopted thereafter b the following vote: AYES: OUNCILMEN: AMSTRUP, BARTON, LEMBI, MANGINI, PAGLIARO NOES: OUNCILMEN; NONE ABSENT OUNCILMEN: NONE City Clerk GG`"