HomeMy WebLinkAboutCity Council - 5666 RESOLUTION NO. 5666
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
HUNTINGTON BEACH ESTABLISHING THE APPROPRIATIONS
LIMIT FOR FISCAL YEAR 1986-87
WHEREAS, Article 13-B of the Constitution of the State of California imposes
upon units of state and local government the obligation to limit each fiscal year's
appropriations of the proceeds from taxes to the amount of such appropriations in fiscal
year 1978-79 as adjusted for changes in cost of living or per capita income, whichever is
less, and population,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Huntington Beach that in compliance with the provisions of Article 13-B of the California
Constitution and the formula specified therein, the City Council of the City
Huntington Beach establishes the appropriation limit from proceeds of taxes for the city
for fiscal year 1986-87 to be $69,138,401.
BE IT FURTHER RESOLVED that said appropriations limit herein established may
be changed as deemed necessary by resolution of the City Council.
PASSED AND ADOPTED by the City Council of the City of Huntington Beach at
a regular meeting thereof held on the 2nd day of June , 1986.
Mayor
INITIATED..QND APPROVED: APPROVED AS TO FORM:
L
Chief of ative Servi s 5-- a-3 6 City Attorney
REVIEWED AND APPROVED: ATTEST:
City AdministratorF City Clerk
CITY OF HUNTINGTON BEACH
Computation of Appropriation Limitation
Fiscal Year 1986-87
Appropriation Limitation 1985-86 $66,232,819
Cost of Living Factor x 1.023
Population Factor x 1.0204
Appropriation Limitation 1986-87 $69,138 400
Calculation of Appropriations
from Proceeds of Taxes
* Total Recommended Appropriations
(Preliminary Budget) 1099213,719
* Less Non-Proceeds of Taxes 48,071,831
* Less Interest Earned on Non-Proceeds of Taxes 12570,680
RecommendedAppropriations
from Proceeds of Taxes $5%571.208
_ *Source - Preliminary Budget Fiscal Year 1986-87
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Res. No. 5666
STATE OF CALIFORNIA
COUNTY OF ORANGE ) ss:
CITY OF HUNTINGTON BEACH )
I, ALICIA M. WENTWORTH, the duly elected, qualified City
Clerk of the City of Huntington Beach, and ex-officio Clerk of the
City Council of said City, do hereby certify that the whole number of
members of the City Council of the City of Huntington Beach is seven;
that the foregoing resolution was passed and adopted by the affirmative
vote of more than a majority of all the members of said City Council
at a regular meeting thereof held on the 2nd day
of June , 19 86 , by the following vote:
AYES: Councilmen:
Kelly, MacAllister, Finley, Mandic, Bailey, Green
NOES: Councilmen:
Nunes
ABSENT: Councilmen:
Thomas
City Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach, California