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Town of Truckee <br /> <br />California <br /> <br />RESOLUTION NO. 94-53 <br /> <br />A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TRUCKEE <br />ESTABLISHING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 1994-1995 <br />PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTION <br /> <br />WHEREAS, Article XIIIB of the California Constitution provides that the total annual <br />appropriations subject to limitation of each governmental entity, including this Town, shall not <br />exceed the appropriation limit of such entity of government for the prior year adjusted for <br />changes in population and inflation mandated by Proposition 4 passed in November, 1979, and <br />Proposition 111 in June, 1990, except as otherwise provided for in said Article XIIIB and <br />implementing State statutes; and <br /> <br />WHEREAS, pursuant to said Article XIIIB of said California Constitution, and Section 7900 et <br />seq. of the California Government Code, the Town is required to set its appropriation limit for <br />each fiscal year; and <br /> <br />WHEREAS, the Town Manager has interpreted the technical provisions of said Propositional <br />computations and has caused a technical review to be made of the documentation for the Town's <br />said appropriation limitation, and has caused the numbers upon which the Town's appropriation <br />limit was and is based to be calculated, and in the process has relied on the temporary base limit <br />approved by the voters upon incorporation on November 3, 1992, to the present fiscal year of <br />1994-1995; and <br /> <br />WHEREAS, based on such calculations the Town Manager has determined the appropriation <br />limit and, pursuant to Section 7910 the California Government Code, has made available to the <br />public the documentation used in the determination of said appropriation limit; <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF <br />TRUCKEE, that said appropriation limit for fiscal year 1994-95 shall be and is hereby set in <br />the amount of $5,155,997 for said fiscal year. <br /> <br /> <br />