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HomeMy WebLinkAboutResolutions - No. 84-089RESOLUTION NO. 84-089 RESOLUTION ADOPTING AN APPROPRIATIONS SPENDING LIMIT FOR 1984-85 IN COMPLIANCE WITH PROPOSITION 4 ARTICLE XIIIB OF THE STATE CONSTITUTION RESOLVED, that the City Council of the City of Lodi does hereby adopt the following Appropriation Spending Limit for 1984-85 in compliance with Proposition 4, now Article XIIIB of the State Constitution. Total Appropriation Limit for 1983-84 year as adopted by the City of Lodi $11,176,325 Increased by Allowable Accumulated Growth and U. S. Consumer Price Index to 1984-85 of 8.54% Therefore, the Spending Limit for 1984-85 $12,130,783 Dated: June 20, 1984 I hereby certify that Resolution No. 84-089 was passed and adopted by the City Council of the City of Lodi in a regular meeting held June 20, 1984 by the following vote: Ayes: Council Members - Pinkerton, Olson, Reid, Hinchman,& Snider (Mayor) Noes: Council Members - None Absent: Council Members - None Alice M. Reimehe City Clerk 84-089