HomeMy WebLinkAbout07-050 CC Resolution
RESOLUTION NO. 07.50
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TEMECULA ESTABLISHING THE APPROPRIATIONS
LIMIT FOR FY 2007-08
THE CITY COUNCil OF THE CITY OF TEMECUlA DOES HEREBY RESOLVE
AS FOllOWS:
Section 1. The attached Appropriations Limit for the City of Temecula for FY
2007-08 is hereby adopted (Exhibit B).
Section 2. The City Clerk shall certify to the adoption of this resolution and
shall cause a certified resolution to be filed in the office of the City Clerk.
PASSED, APPROVED, AND ADOPTED by the City Council of the City of
Temecula this 12th day of June, 2007.
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ATIEST:
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R:/Resos 2007/Resos 07-50
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STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Susan W. Jones, MMC, City Clerk of the City of Temecula, do hereby certify that
the foregoing Resolution No. 07-50 was duly and regularly adopted by the City Council of
the City of Temecula at a meeting thereof held on the 12th day of June, 2007, by the
following vote:
AYES: 5
COUNCIL MEMBERS:
NOES: 0
COUNCIL MEMBERS:
COUNCIL MEMBERS:
ABSENT: 0
ABSTAIN: 0
COUNCIL MEMBERS:
R:/Resos 2007/Resos 07-50
Comerchero, Edwards, Naggar, Roberts,
Washington
None
None
None
2
. Jones, MMC
City Clerk
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EXHIBIT "B"
CITY OF TEMECULA, CALIFORNIA
COMPUTATION OF GANN APPROPRIATIONS LIMIT
FY 2006-07 Appropriation Limit
FY 2007-08 City Population Change"
FY 2007-08 Increase in Non-Residential Assessed Valuation"
Cumulative Compound (1.0360 x 1.0301)
FY 2007-08 Appropriation Limit
" Source: State of California Department of Finance
"" Source: HdL Coren & Cone
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$78,802,489
3.60%
3.01%
6.72%
$84,096,724