1981-142-Setting The FY 1981-82 Appropriations Limit For Revenue Generated From "Proceeds Of Taxes" Pursuant To Article XIII Of The State ConstitutionRESOLUTION NO. 1981 -142
A RESOLUTION SETTING THE FY 1981 -82 APPROPRIATIONS
LIMIT FOR REVENUE GENERATED FROM "PROCEEDS OF TAXES"
PURSUANT TO ARTICLE XIII(B) OF THE STATE CONSTITUTION
WHEREAS, Article XIII(B) of the California State Constitution provides
that local governments are subject to an appropriations limit
from revenues designated as "proceeds of taxes," and
WHEREAS, the Town of Los Gatos has determined its appropriations limit
for the fiscal year beginning July 1, 1981, and ending
June 30, 1982;
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Los
Gatos, County of Santa Clara, State of California, that the
appropriations limit for the Town of Los Gatos for the fiscal
year 1981 -1982 is established at $6,344,859.
PASSED AND ADOPTED by the Town Council of the Town of Los Gatos at a
regular meeting held this 15th day of June
1981, by the following vote:
AYES:
COUNCIL
MEMBERS
Ruth Cannon, Thomas J.
Ferrito,
MarLyn
J. Rasmussen, Brent N.
Ventura
and Peter W. Siemens
NOES:
COUNCIL
MEMBERS
None
ABSENT:
COUNCIL
MEMBERS
None
ABSTAIN:
COUNCIL
MEMBERS
None
i
SIGNED: � -- - - --
M OR OF THE TOWN OF LOS GATOS
ATTEST:
CIE OF THE TOWN OF LO FWTOI