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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 85-266 <br /> <br /> RESOLUTION ADOPTING APPROPRIATION LIMIT FOR FISCAL YEAR <br /> 1985-86 <br /> <br /> WHEREAS, Article XIIIB of the State of California Constitution <br /> (Proposition 4 on the November 6, 1979 ballot) requires <br /> that each year the governing body of each local agency <br /> establish its appropriation limit for the following <br /> fiscal year; and <br /> <br /> WHEREAS, the appropriation limit for the 1985-86 fiscal year is <br /> equal to the limit for 1984-85, adjusted for changes in <br /> the cost of living and population; and <br /> <br /> WHEREAS, staff has determined the overall net increase in the <br /> cost of living and population for fiscal year 1985-86 to <br /> be 10.42%; and <br /> <br /> WHEREAS, using the above figure and the increase in population, <br /> the appropriations limit for fiscal year 1985-86 should <br /> be $10,487,830. <br /> <br /> NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> RESOLVES AS FOLLOWS: <br /> <br /> Section 1: Adopts the appropriation limit for fiscal year <br /> 1985-86 of $10,487,830.00. <br /> <br /> Section 2: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br /> THIS RESOLUTION ADOPTED MAY 21, 1985 BY THE FOLLOWING VOTE: <br /> <br /> AYES: Councilmembers - Brandes, Butler, Mohr, Wood and Mayor <br /> Mercer <br /> NOES: None <br /> ABSENT: None NETH R. M~ <br /> ABSTAIN: None <br /> <br /> ATTEST: <br />~'~. Walke , Ci y C er <br /> By Doris George, Deputy City Clerk <br /> A~ROVED ~.~ TO FORM: <br /> ~et~r D. MacDonald, City Attorney <br /> <br /> <br />