R 2007
84
RESOLUTION NO. 2007
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ARROYO GRANDE AMENDING ITS 1978-1979 BASE
i YEAR AND SUCCEEDING YEARS EXPENDITURE APPRO-
PRIATION LIMITS FROM TAX PROCEEDS
I WHEREAS, a review and recalculation of the base year expenditure
appropriation limit from tax proceeds was made, to be in accordance with
League of California Cities unifonm Implementation guidelines dated April
1980; and
WHEREAS, a re-calculated difference was discovered for that 1978-1979
base year, which in turn affected the simi lar appropriation I imits of each
succeeding year;
NOW,THEREFORE, the City Council of the City of Arroyo Grande hereby
resolves that the amended expenditure appropriation limits from tax proceeds
for the base year and fol lowing years are as fol lows:
1978-1979 (base year) $2,465,807
1979-1980 2,744,560
1980-1981 3,209,509
1981-1982 3,719,003
1982-1983 4 , 126,016
1983-1984 4,282,521
1984-1985 4,690,052
1985-1986 5,044,509
1986-1987 5,213,170
On motion of Counci I Member Moots , seconded by
Council Member .Tohnson , and upon the fo I low I ng ro I I ca II
vote, to wit:
A YES: Mayor Smith and Counci1members Johnson, Moots and Porter
NOES: None
ABSENT: Counci1member Gallagher
the foregoing reso~utlon was passed and adopted this 25th day of November,
1986.
~lrJ~~
MAYOR
ATTEST: ~a.~
CITY CLE