CC - 1988-30 - Annual Budget FY 1988-89RESOLUTION NO. 88-30
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROSEMEAD ADOPTING AN APPROPRIATIONS LIMITATION
FOR THE 1988-89 FISCAL YEAR AND ADOPTING THE ANNUAL
BUDGET FOR FISCAL YEAR 1988-89, 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 and the U. S. Consumer
Price Index, except as otherwise provided in said Article;
and
WHEREAS,
the City Council wishes to set an appropriations limitation
for the 1988-89 Fiscal Year on those appropriations subject
to limitation under Article XIII-B.
WHEREAS,
a proposed annual budget for the City of Rosemead for the
Fiscal Year commencing July 1, 1988 and ending June 30,
1989 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 annual appropriation limitation for the
City of Rosemead during the 1988-89 Fiscal Year for
appropriations subject to limitation under Article XIII-B
shall be thirteen million seven hundred ninety-seven
thousand three hundred forty-three dollars ($13,797,343.00).
This limitation shall apply only to appropriations subject
to limitation under Article XIII-B.
SECTION 2. The Budget, as amended, is adopted as the
Annual Budget of the City of Rosemead for the fiscal year
commencing July 1, 1988 and ending June 30, 1989.
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 1988-89 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 28TI
ATTEST-
l~iC
C' Clerk'of the City of Rosemead
ATTEST:
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS:
CITY OF ROSEMEAD )
I, Janice Warner, City Clerk of the City of Rosemead, do hereby
certify that the foregoing Resolution was duly and regularly
.adopted by the City Council of the City of Rosemead at a regular
meeting thereof held on the 28th day of June, 1988 by the
following vote:
YES: DeCocker, Bruesch, McDonald, Imperial
NO: Taylor
ABSENT: None
ABSTAIN: None
C CLERK
E-41 (2)