Laserfiche WebLink
TOWN OF TRUCKEE <br /> California <br /> RESOLUTION NO. 2017-28 <br /> A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TRUCKEE <br /> ESTABLISHING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 2017-18 <br /> PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTION <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 exceed <br /> the appropriation limit of such entity of government for the prior year adjusted for changes in <br /> population and inflation mandated by Proposition 4 passed in November 1979, and Proposition 111 in <br /> June 1990, except as otherwise provided for in said Article XIIIB and implementing State statutes; and <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 each <br /> fiscal year; and <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 said <br /> appropriation limitation, and has caused the numbers upon which the Town's appropriation limit was <br /> and is based to be calculated, and in the process has relied on the temporary base limit approved by <br /> the voters upon incorporation on November 3, 1992, to the prior fiscal year of 2001-02; and <br /> IWHEREAS, the calculation of the Revised Appropriation Limit from the Base Fiscal Year of <br /> 1993-94 through each of the intervening fiscal years to Fiscal Year 2001-2002 was made based upon <br /> the Town's Claim for increased property taxes filed against the County of Nevada in Superior Court <br /> and based upon the Settlement Agreement and Mutual General Release signed in May, 2001; and <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 public <br /> 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 2017-18 shall be and is hereby set in the <br /> amount of$18,173,038. <br />