R 3840
RESOLUTION NO. 3840
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARROYO GRANDE ADOPTING A TAX PROCEEDS
EXPENDITURE APPROPRIATION LIMIT FOR FISCAL YEAR
2005-06
WHEREAS, Sections 7900 et seq. of the Government Code provide for the effective and
efficient implementation of Article XIIIS of the California Constitution; and
WHEREAS, Sections 7901 through 7914 provide that each year, the governing body of
each local jurisdiction shall, by Resolution at a regularly scheduled meeting, establish the
annual adjustment factors to be used and the appropriation limit; and
WHEREAS, any judicial action or challenge to the appropriations limit shall be commenced
within 60 days of the effective date of the Resolution adopted in accordance with
Govemment Code Section 7910.
NOW, THEREFORE BE IT, that the City Council ofthe City of Arroyo Grande does hereby
resolve as follows:
SECTION 1. The California per capita income and the population of San Luis Obispo
County, Califomia are recognized as the annual adjustment factors for Fiscal Year 2005-
06.
SECTION 2. The appropriation limit for Fiscal Year 2005-06 is hereby set at Fourteen
million, three hundred and eighty-seven thousand, three hundred and twenty-six dollars
($14,387,326).
SECTION 3. Documentation used in determination of the appropriation limit is attached
hereto, and shall be available to the public at the Office of the City Clerk.
SECTION 4. This Resolution is effective on its date of adoption.
On motion of Council Member Dickens, seconded by Council Member
Arnold, and on the following roll call vote, to wit:
AYES: Council Members Dickens, Arnold, Guthrie, Costello and Mayor Ferrara
NOES: None
ABSENT: None
the foregoing Resolution was passed and adopted this 24th day of May,2005.
RESOLUTION NO. 3840
PAGE 2
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ATTEST:
APPROVED AS TO CONTENT:
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STE E ADAMS, CITY MANAGER
APPROVED AS TO FORM:
RESOLUTION NO. 3840
OFFICIAL CERTIFICATION
I, KELLY WETMORE, 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. 3840 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 24th day of May 2005. .
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 31st
day of May 2005.
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