CC - 1981-37 - Appropriations Limit fro 1981-82 Fy•
RESOLUTION NO. 81-37
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROSEMEAD ADOPTING AN APPROPRIATIONS LIMITATION
THE 1981-82 FISCAL YEAR
WHEREAS, Article XIII-B of the Constitution of the State
of California provides that total annual appropriations of the
City subject to limitation shall not exceed the appropriation
limit of the City as established by the base fiscal year of
1978-79 as adjusted for changes in cost of living and population
except as otherwise provided in said Article; and
WHEREAS, the City Council wishes to set an appropriations
limitation for the 1981-82 fiscal year on those appropriations
subject to limitation under Article XIII-B; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Rosemead that the annual appropriations limitation for
the City for the 1981-82 fiscal year for appropriations subject
to limitation under Article XIII-B shall be $9,601,575. This
limitation shall apply only to appropriations subject to limi-
tation under Article XIII-B.
The foregoing Resolution was adopted by the City Council
of the City of Rosemead on the 14th day of July, 1981.
ATTEST: '
City Clerk