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RESOL[TPION 87-103
A RESOIATION OF THE CITY CWNICIL OF THE CITY OF TUSTIN,
DETERMINING AND ADOPTING AN APPROPRIATIONS LIMIT FOR THE
FISCAL YEAR 1987-88, IN ACOORDANC~ WITH ARTICLE XIIIB OF THE
THE CONSTITUTION OF THE STATE OF CALIFORNIA, AND SDLTION 7910
OF THE ~ CODE.
The City Council of The City of Tustin does hereby resolve as
follows:
WFIII2EAS, Article XIIIB was added to the Constitution of the
State of California at a general election held November 6, 1979; and
WfO;REAS, an annual appropriation limikt must be determined
for this City effective for the fiscal year beginning July, 1987; and
WHEREAS, the appropriations limit must be adhered to in
preparing and adopting this City's Annual Budget.
NOW, TEIERF.FORE, The City Council of the City of Tustin does
hereby resolve and order as follows:
Section I: In accordance with Article XIIIB of the
Constitution of the State of California, and Section 7910 of
the Government Code and as set forth in detail in the
Attached Exhibit "A" that the appropriations limit for the
fiscal year beginning July 1, 1987 is $14,751,425.
Section 2: The appropriations limit shall not be exceeded in
the adopted budget nor by any proposed amendment to the
budget.
PASSED AND ADOPTID at a regular meeting of the City Council
of the City of Tustin held on the 21st day of September, 1987.
Richard B. Edgar, Mayor
ATTEST:
~~ a~..:. L L~-~
Mary E. Wy ,City C1 k
EXHIBIT "A"
RESOLUTION 87-103
1987-88 APPROPRIATIONS LIMIT
AND
APPROPRIATIONS SUBJECT TO LIMIT
1986-87 Appropriations limit
Cumulative growth rate
1987-88 Appropriations limit
Appropriations Subject to Limit:
Total governmental appropriations
Less:
Non Proceeds of tax
PERS unfunded liability
General obligation bonded debt
Use of prior year reserves
Total appropriations subject to limit
$14,249,831
X 1.0352
$14,751,425
$19,409,094
(6,676,823)
-0-
( 71,320)
(1,133,811)
$ 11,727,140
Variance Over/(Under) Limit $ 3,024,285
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF TUSTIN )
MARY E. WYNN, City Clerk and ex-officio Clerk of the City Council of the City of
Tustin, California, does hereby certify that the whole number of the members of
the City Council of the City of Tustin is five; that the above and foregoing
Resolution No. 87-103 was duly and regularly introduced, passed and adopted at a
regular meeting the City Council held on the 21st day of September, 1987, by
the following vote:
AYES COUNCILPERSONS: Edgar, Hoesterey, Kelly, Kennedy, Prescott
NOES COUNCILPERSONS: None
ABSENT: COUNCILPERSONS: None
MARY E. WYN~ City Cle ~
City of Tus in, California