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1984-18 RESOLUTION NO. 84-18 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, ESTABLISHING THE FISCAL YEAR 1984-85 APPROPRIATIONS LIMIT PURSUANT TO ARTICLE XIII-B OF THE STATE CONSTITUTION AS REQUIRED BY CALIFORNIA GOVERNMENT CODE SECTION 7910. WHEREAS, Article XIII-B of the California Constitution requires that an Appropriations Limit be determined and established annually for each governmental entity within the State of California; NOW;, THEREFORE, THE ;CITY POUNCIL OF THE CITY OF GRAND TERRACE DOES HEREBY RESOLVE, DECLARE, DETERMINE-, AND ORDER AS FOLLOWS: Section 1. That the City Council of the City of Grand Terrace hereby establishes the Fiscal Year 1984-35 Appropriations Limit pursuant to Article XIII-B of the State Constitution as required by California Government Code, Section 7910. Section 2. That the limits determined on Exhibit "A" attached hereto and incorported herein by reference is the established limit for Fiscal Year 1984-85. Section 3. That the City of Grand Terrace, as shown in said Exhibit "A", has complied with the limit imposed on appropriations and that all- proceeds of taxes were appropriated for Fiscal Year 1984-85. ADOPTED this 28th day of dune, 1984. ,ATTEST:. City C- er -of the City of Gran May o t C1 o nd errace Terraces . d of the City Counci and of the 'ty uncil ther f. thereof, Approved as to form: s City Attorney i EXHIBIT "A" RESOLUTION NO. 84-_ Adopted June 28, 1984 CIT'f OF GRAND TERRACE DETERMINATION OF APPROPRIATIONS LIMIT FOR PROCEEDS OF TAXES Appropriation Limit from FY 1983- 34 $ 1,661,638 Maximum permitted growth rate from Schedules 1, & 2 (1.0474 x 1.0248 = 1.0734) x 1.0734 1984-85 Appropriations Limit $ 1,783,602 1984-85 estimated proceeds of taxes from Schedule 3 (from 1984-85 Amended Preliminary Budget) $ 1,376,748 DIFFERENCE (Cushion before the linit would impact the City) $ 406,854 STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. CITY OF GRAND TERRACE. ) I, MYRNA ERWAY, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of said City at a regular meeting of the City Council held on the 28th day of June, 1984, and that it was so adopted by the following vote: AYES: Councilmembers Rigley, Petta, Pfennighausen; Mayor Grant. NOES: None. ABSENT: Councilman Nix. - City Clerk- the City o Grans rrace and. of theVilty Council thereof. - STATE OF CALIFORNIA ) COUNTY OFj SAN BERNARDINO ) ass. CITY OF GRAND TERRACE ) I, MYRNA ERWAY, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the 'above and foreg-A ng is a full , true, and correct copy of Resolution No. 84-18 of said Cit,,, and that the same has not been amended or repealed. DATED: June 28, 1984. City CleeVthe City ot Gralldace- and of th City Council thereof. _ _