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HomeMy WebLinkAboutReso 2020-062 - A Reso establishing the Appropriation Limit for Fiscal Year 2020-21 for COR RESOLUTION NO. 2020-062 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING ESTABLISHING THE APPROPRIATION LIMIT FOR FISCAL YEAR 2020- 21 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 2020-21 shall be $244,936,177. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 2nd day of June, 2020, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Dacquisto,Resner, Schreder,Winter, and McElvain NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None ADAM McELVAIN, Mayor ATTEST: FORM APPROVAL: f ��PAMELA MIZE,-City elerk BARRY E._DeNOAIX, City ttorney