CC - 1991-28 - Adopting Annual Budget for FY 1991-924
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RESOLUTION NO. 91-28
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD
ADOPTING AN APPROPRIATIONS LIMITATION FOR THE 1991-92
FISCAL YEAR AND ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR
1991-92, MAKING APPROPRIATIONS FOR THE AMOUNTS BUDGETED
WHEREAS, Article XIII-B of the Constitution of the State of
California provides that total annual appropriations subject to
limitation of the City shall not exceed the appropriations limit of
the City for the prior year as adjusted for changes in population
combined with either the change in California per capita personal
income or the change in the local assessment roll due.to local
non-residential construction, except as otherwise provided in said
Article; and
WHEREAS, the City Council wishes to set an appropriations
limitation for the 1991-92 Fiscal Year on those appropriations
subject to limitation under Article XIII-B; and
WHEREAS, a proposed annual budget for the City of Rosemead for
the Fiscal Year commencing on July 1, 1991 and ending June 30, 1992
was submitted to the City Council and is on file in the City Clerk's
office; and
WHEREAS, proceedings for the adoption of said budget have been
duly taken; and
WHEREAS, the City Council has made certain revisions,
corrections, and modifications to said proposed budget; and
WHEREAS, the City Manager has caused the proposed budget
document to be corrected to reflect the changes ordered by the City
Council
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEMEAD DOES
RESOLVE AS FOLLOWS:
SECTION 1. That the cost of living factor used to compute the
appropriation limit is the percentage change in the California per
capita personal income combined with the change in population in Los
Angeles County and that the annual appropriation limitation for the
City of Rosemead during the 1991-92 Fiscal Year for appropriations
subject to limitation under Article XIII-B shall be Sixteen million,
one hundred thirty-seven thousand, eight hundred sixty-eight dollars
($16,137,868).
SECTION 2. The Budget, as amended, is adopted as the.Annual
Budget of the City of Rosemead for the fiscal year commencing on
July 1, 1991 and ending June 30, 1992.
SECTION 3. There is hereby appropriated to each account set
forth in the "Expenditure Appropriation by Function Summary" of said
budget attached hereto, and made a part hereof as though fully set
forth herein, the sum shown for such account in the 1991-92 Budget
Column, and the City Manager is authorized and empowered to expend
such sum for the purpose of such account, but no expenditure by any
office or department for any item within an account shall exceed the
amount budgeted therefor without prior written approval of the City
Manager.
SECTION 4. The Mayor shall sign and the City Clerk shall
certify to the passage and adoption of this Resolution and thereupon
the same shall take effect and be in force.
PASSED, APPROVED and ADOPTED this 20th day of Junes-i- l.
ATTEST:
ty Clerk
Resolution No. 91-28
Page No.2
E
I hereby certify that the foregoing Resolution No. 91-28 was duly and regularly
adopted by the City Council of the City of Rosemead at an adjourned meeting
thereof held on the 20th day of June, 1991, by the following vote:
Yes: Bruesch, Imperial, Clark, McDonald
No; Taylor
Absent: None
Abstain: None
QLOIX-C41 uja'4-~i
/ Y CLERK