1984-048-Setting The FY 1983-84 Appropriations Limit For Revenue Generated From "Proceeds Of Taxes" Pursuant To Article XIII (B) Of The State ConstitutionRESOLUTION NO. 1984 -48
A RESOLUTION SETTING THE FY 1983 -84 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 limits for
the fiscal year beginning July 1, 1983, and ending June 30, 1984;
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 1983 -1984 is
established at $7,025,349.
PASSED AND ADOPTED by the Town Council of the Town of Los Gatos, California,
at a regular __ meeting held this
by the following vote:
AYES
NOES
2nd
day of April , 1984,
COUNCILMEMBERS Joanne Benjamin,
Terrence J. Daily, Brent N. Ventura
and Mayor Thomas J. Ferrito
COUNCILMEMBERS None
ABSENT: COUNCILMEMBERS Eric D. Carlson
ABSTAIN: COUNCILMEMBERS None
SIGNED: 'MAYOR OF OF THE T -WN OF L S GATOS
r'
ATTEST:
CLERK F THE TOWN O