HomeMy WebLinkAboutCC Reso No 1986-51RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF TAE CITY
OF LAKE ELSINORE, CALIFORNIA, SETTING FORTH
AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 1986-
1987 CONSISTENT WITH ARTICLE XIII B OF THE
' CALIFORNIA CONSTITUTION AND GIVING NOTICE OF
THE AVAILABILITY OF INFORMATION SUPPORTING
' SAID DETERMINATION.
I BE IT RESOLVED, that the City of Lake Elsinore estab-
, lished $5,813,239 as the limit for appropriations of the proeeeds
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of taxes for Fiscal Year 1986-1987.
BE IT FURTAER RESOLVED that notice shall be given by
' the Finance Director of the availability of supporting information
' used in deriving said limit.
PASSED, APPROVED AND ADOPTED this gth day of
' July , 1986, on the following roll call vote:
AYES: COUNCILMEMBERS: DOMINGUEZ, MATSON, VERMILLION, WINKLER
', STRIGOTTE
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
. ABSTENTIONS: COUNCILMEMBERS: NONE
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EON S OTTE MAYOR
CITY LAKE ELSINORE
ATTEST:
ANN MONF`7, C Y CLER
ITY OF LAKE ELSINOR
APPROVED AS~TO FORM:
FY 1986-1987 APPROPRIATION LIMIT
APPROPRIATIONS SUBJECT TO LIMITATION ',
' 1986-87 Total City Appropriation $ 6,047,638
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I Less: Enterprise Fund Appropriations ( 500,000 )
' Non Proceeds of Taxes ( 1,402,779 ) '
ADD: User Fees in Excess of Cost -0- I
1986-87 Appropriations Subject to Limitation $ 4,144,859 '
' APPROPRIATION LIMIT COMPUTATION
1986-87 Appropriation Limit $ 4,912,293
' Urban Consumer Price Index (CPI): 2.3% 112,983
5,025,276
' State Department of Finance Growth Percentage
, for Lake Elsinore 15.68%
, 787,963
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1986-87 Appropriation Limit
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$ 5,813,2'39 I
Since the City's 1986-87 appropriation limit is $5,813,239 and the actual
, appropriations for this Fiscal Year which are subject to the Proposition
' 4 limit are only $4,144,859 the Proposition 4 limit has no effect on this
City.
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' STATE OF CALIFORNIA ) '
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COUNTY OF RIVERSIDE ) I
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~ I, Jo Ann Money City Clerk of the City of Lake Elsinore,
' DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the
i Cit Council of the City of Lake Elsinore at a regular meeting of said i
y da of Julv 1986 , and '
, Council on the 8th Y
' that it was so adopted by the following vote: i
AYES: COUNCILMEMBERS: DOMINGUEZ, MATSON, VERMILLION, WINKLER, ''
STRIGOTTE
ES: COUNCILMEMBERS: NONE
NO
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, ABSENT: COUNCILMEMBERS: NONE ,
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A ONEY, C TY CLERK
, • ITY OF LAKE ELSINORE
(SEAL)
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STATE OF CALIFORNIA ) I
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' COUNTY OF RIVERSIDE ) SS
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I Jo Ann Money, City Clerk of the City of Lake Elsinore,
DO HEREBY CERTIFY that the above and foregoing is a full, true and correct I
copy of Resolution No. R6-51 , of said Council, and that the same I
has not been amended or repealed.
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ATED:
D
86
Jul 9 19
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J ANN MONEY, CITY CLERK
L INORE I :
TY F AKE E S
0 L
(SEAL)
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