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HomeMy WebLinkAboutCC Reso No 2010-014RESOLUTION NO. 2010 -014 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, SUPPORTING ASSEMBLY BILL 1645 WHEREAS, the State Legislature's priority needs to be creating a transparent with built -in accountability measures; and WHEREAS, AB 1645 would require the budget to include and account for $200 billion in unfunded liabilities; and WHEREAS, these liabilities, according to the Legislative Analyst's Office include pensions and retiree health benefits for state workers and the construction of new infrastructure; and WHEREAS, AB 1645 will prohibit the inclusion of revenues estimated from laws, programs or executive actions not in effect at the time the budget is submitted to the Legislature by the Governor; and WHEREAS, AB 1645 would require the Governor, or the Department of Finance acting on his or her behalf, at the same time as the Governor's budget is submitted to the Legislature, to submit a report to the Legislature, setting forth a list of the state's liabilities that will affect the state's financial health in the future; NOW, THEREFORE, the City Council of the City of Lake Elsinore, California, does hereby resolve as follows: Section 1. That it supports adoption of Assembly Bill 1645. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Lake Elsinore, California, this 27 day of April 2010. MELISSA A. MELENDEZ, MAYOR CITY OF LAKE ELSINORE ATTEST: CAROL COWLEY INTERIM CITY CLER Resolution No. 2010 -014 Page 2 of 2 STATE OF CALIFORNIA COUNTY OF RIVERSIDE SS CITY OF LAKE ELSINORE I, CAROL COWLEY, Interim City Clerk of the City of Lake Elsinore, California, hereby certify that Resolution No. 2010 -014 was adopted by the City Council of the City of Lake Elsinore, California, at a regular meeting held on the 27th day of April 2010, and that the same was adopted by the following vote: AYES: COUNCIL MEMBERS: BUCKLEY, HICKMAN, MAGEE, MAYOR PRO TEM BHUTTA, AND MAYOR MELENDEZ NOES: NONE ABSENT: NONE ABSTAIN: NONE ax, 'Ov� AROL COWLEY INTERIM CITY CLERK