CC Resolution 10766
RESOLUTION NO. 10766
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
ESTABLISHING THE ApPROPRIATIONS LIMIT FOR FISCAL YEAR 2007/08
PURSUANT To ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION
WHEREAS, Proposition 4 was adopted by the voters of the State of California on
November 6, 1979, adding Article XIII B of the California State Constitution; and
WHEREAS, Proposition 111 was adopted by the voters of the State of California
on June 5, 1990, amending Article XIII B of the California State Constitution; and
WHEREAS, pursuant to Section 8 of Article XIII B of the California State
Constitution, the City Council determines that the change in the cost of living shall be
measured by the percentage change in California per capita personal income from the
preceding year and the change in population shall be measured by the change in the
City of Campbell population growth; and
WHEREAS, the City Council of the City of Campbell wishes to establish this
appropriations limit for the Fiscal Year 2007/08 pursuant to Article XIII B of the
California State Constitution;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Campbell hereby finds and determines that the appropriations limit for Fiscal Year
2007/08 is $44,557,376.
PASSED AND ADOPTED this 5th day of June, 2007 by the following roll call
vote:
AYES:
Councilmembers:
Kennedy, Low, Burr, Furtado
NOES:
Councilmembers:
None
ABSENT:
Councilmembers:
Hernandez
APPROVED:
\36 '
.-~
ATTEST:
d~
Anne Bybee, City Clerk