R 3678
RESOLUTION NO. 3678
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ARROYO GRANDE ADOPTING A TAX PROCEEDS
EXPENDITURE APPROPRIATION LIMIT FOR FISCAL
YEAR 2003-2004
BE IT RESOLVED by the City Council of the City of Arroyo Grande that the
Fiscal Year 2003-04 expenditure appropriation limit from tax proceeds is
$13,219,091, in accordance with Article XIIIB of the California Constitution
(Prop.4, SB1352).
BE IT FURTHER RESOLVED 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 Costello, seconded by Council Member Lubin, and on
the following roll call vote, to wit:
AYES: Council Members Costello, Lubin, Runels, and Mayor Ferrara
NOES: None
ABSENT: Council Member Dickens
the foregoing Resolution was passed and adopted this 27th day of May, 2003.
RESOLUTION NO. 3678
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RE, DIRECTOR OF ADMINISTRATIVE SERVICES/
DEPUTY CITY CLERK
APPROVED AS TO CONTENT:
ST~TYMANAGER
APPROVED AS TO FORM:
L, CITY ATTORNEY
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RESOLUTION NO. 3678
OFFICIAL CERTIFICATION
I, KELL YWETMORE, Director of Administrative Services/Deputy City Clerk of
the City of Arroyo. Grande, County of San Luis Obispo, State of California, do
hereby certify under penalty of perjury, that Resolution No. 3678 is a true, full,
and correct copy of said Resolution passed and adopted at a regular meeting of
the City Council of the City of Arroyo Grande on the 27th day of May, 2003.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 30th
day of May, 2003.
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KELLY. ET ORE, DIRECTOR OF ADMINISTRATIVE SERVICES!
DEPUTY CITY CLERK
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