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HomeMy WebLinkAboutReso 2016-064 - Appropriation LimitRESOLUTION NO. 2016-064 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING ESTABLISHING THE APPROPRIATION LIMIT FOR FISCAL YEAR 2016-17 FOR THE CITY OF REDDING WHEREAS, State of California Government Code Section 7910 requires that each fiscal year the governing body of a local jurisdiction shall by resolution establish an appropriation limit; and WHEREAS, the Director of Finance for the City of Redding has calculated the appropriation limit; NOW, THEREFORE, be it resolved that the appropriation limit for the City of Redding for fiscal year 2016-17 shall be $208,507,273. I HEREBY CERTIFY that the foregoing resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 21" day of June, 2016, and was duly adopted at said meeting by the following vote: AYE: NOES: ABSENT: ABSTAIN: ATTEST: COUNCIL MEMBERS: Schreder, Sullivan, Weaver, & McArthur COUNCIL MEMBERS: None COUNCIL MEMBERS: Cadd COUNCIL MEMBERS: None PAMELA M ZE, Clerk FORM APPROVAL: 1-10 BARRY E. DeWALT, City Attorney Q3 G 0 E- C