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HomeMy WebLinkAboutReso 2017-046 - Appropriation Limit RESOLUTION NO. 2017-046 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING ESTABLISHING THE APPROPRIATION LIMIT FOR FISCAL YEAR 2017-18 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 2017-18 shall be $216,957,896. 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 20th day of June, 2017, and was duly adopted at said meeting by the following vote: AYE: COUNCIL MEMBERS: McElvain, Schreder, Sullivan,Winter, & Weaver NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None BRENT WEAVER, Mayor ATTEST: FORM APPROVAL: (7 Li 1 PAMELA MIZE, Ci• Clerk BARRY E. eWAL , City ttorney