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HomeMy WebLinkAboutReso 2019-056 - Appropriation Limit for Fiscal Year 2019-20RESOLUTION NO. 2019-056 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING ESTABLISHING THE APPROPRIATION LIMIT FOR FISCAL YEAR 2019- 20 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 2019-20 shall be $236,152,196. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 18th day of June, 2019, and was duly adopted at said meeting by the following vote: AYE: COUNCIL MEMBERS: McElvain, Resner, Schreder, and Winter NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Dacquisto ABSTAIN: COUNCIL MEMBERS: None ATTEST: S?Jau� 9�aloa - PAMELA MIZE, City Clerk - JULIE WINTER, FORM APPROVAL: BARRY E. DeWAL , ity Att ney