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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 89-264 <br /> <br /> RESOLUTION ADOPTING APPROPRIATION LIMIT <br /> FOR FISCAL YEAR 1989-90 <br /> <br />WHEREAS, Article XIIIB of the State of California <br /> Constitution (Proposition 4 on the November 6, <br /> 1979 ballot) requires that each year the governing <br /> body of each local agency establish its <br /> appropriation limit for the following fiscal year; <br /> and <br /> <br />WHEREAS, the appropriation limit for the 1989-90 fiscal year <br /> is equal to the limit for 1988-89, adjusted for <br /> changes in the cost of living and population; and <br /> <br />WHEREAS, staff has determined the overall net increase in <br /> the cost of living and population for fiscal year <br /> 1989-90 to be 13.05%; and <br /> <br />WHEREAS, using the 1988-89 limit and increasing it by the <br /> overall net increase above, the appropriations <br /> limit .for fiscal year 1989-90 should be <br /> $27,780,185. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />RESOLVES AS FOLLOWS: <br /> <br />Section 1: Adopts the appropriations limit for fiscal year <br /> 1989-90 of $27,780,185. <br /> <br />Section 2: This resolution shall become effective <br /> immediately upon its passage and adoption. <br /> <br />THIS RESOLUTION ADOPTED JUNE 20, 1989 BY THE FOLLOWING VOTE: <br /> <br />AYES: Councilmembers - Brandes, Butler, Mohr, Tarver, and <br /> Mayor Mercer <br />NOES: None <br />ABSENT: None <br />ABSTAIN: None ~~ <br />ATTEST: KENNETH R. MERCER, MAYOR <br /> <br />By Peggy L. Ezidro, Deputy City Clerk <br />Michael H. Roush, City Attorney <br /> <br /> <br />