R 3232
RESOLUTION NO. 3232
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO
GRANDE ADOPTING A TAX PROCEEDS EXPENDITURE
APPROPRIATION LIMIT FOR FISCAL YEAR 1997-1998 '
THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE HEREBY
RESOLVES that the Fiscal 1997-98 expenditure appropriation limit from tax
proceeds is $9,482,850, in accordance with Artide XIIIB of the California
Constitution (Prop.4, SB1352).
THE CITY COUNCil FURTHER RESOLVES that this year's calculation is to
include the percentage change in California per capita personal income, rather
than the percentage change in the local assessment roll due to the addition of
non-residential new construction, as the price factor.
On motion of Council Member Lady, seconded by Council Member Fuller, and
on the following roll call vote, to wit
Ayes: Council Members Lady, Fuller, Tolley, Runels, and Mayor Dougall
Noes:
Absent
the foregoing Resolution was passed and adopted this 2"-' day of May, 1997
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ArrEST: 11~a. ~
NANCY A AVIS, CITY CLERK
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RESOLUTION NO. 3232
PAGE 2
APPROVED AS TO FORM:
I
APPROVED AS TO CONTENT:
&arL. tfL~
ROBERT L HUNT, CITY MANAGER
I, NANCY DAVIS, City Clerk of the City of Arroyo Grande, County of San
Luis Obispo, State of California, do hereby certify under penalty of perjury that
the foregoing Resolution No. 3232 is true, full, and correct copy of said
Resolution passed and adopted at a regular meeting of said Council on the 271b
day of May, 1997.
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WITNESS my hand and the Seal of the City of Arroyo Grande affixed this
11 th day of June, 1997.
r1~(I~
NANCY A ~S, CITY CLERK
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