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HomeMy WebLinkAboutResolutions - No. 90-93RESOLUTION NO. 90-93 RESOLUTION ADOPTING AN APPROPRIATIONS SPENDING LIMIT FOR 1990-91 IN COMPLIANCE WITH PROPOSITION 4, ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION RESOLVED, that the City Council of the City of Lodi does hereby adopt the following Appropriations Spending Limit for 1990-91 in compliance with Proposition 4, now Article XIIIB of the California State Constitution: Total Appropriations Spending Limit for 1989-90 as adopted by the City of Lodi $28,972,499 Increased by allowable accumulated growth and California Per Capita Income of 4.21% Therefore, the Appropriations Spending Limit for 1990-91 $30,875,992 Dated: June 20, 1990 I hereby certify that Resolution No. 90-93 was passed and adopted by the City Council of the City of Lodi in a regular meeting held June 20, 1990 by the following vote: Ayes: Council Members - Hinchman, Olson, Pinkerton, Reid and Snider (Mayor) Noes: Council Members - None Absent: Council Members - None kni fer . Perri n Deputy City Clerk 90-93 R APPRO/TXTA.02J