HomeMy WebLinkAboutResolutions - No. 81-58RESOLUTION NO. 81-58
RESOLUTION ADOPTING AN APPROPRIATIONS SPENDING
LIMIT FOR 1981-82 IN COMPLIANCE WITH PROPOSITION
4 ARTICLE XIIIB OF THE CONSTITUTION
RESOLVED, that the City Council of the City of Lodi
does hereby adopt the following Appropriation Spending Limit
for 1981-82 in compliance with Proposition 4, now Article
XIIIB of the State Constitution.
Total Appropriation for 1978-79 Base
year as adopted by the City of
Lodi $6,623,521.
Increased by
Allowable Accumulated Growth to
1981-82 of 42.96%
Therefore the Spending Limit for
1981-82 $9,468.985.
Dated: May 20, 1981
I hereby certify that Resolution No. 81-58 was passed
and adopted by the City Council of the City of Lodi
in a regular meeting held May 20, 1981 by the follow-
ing vote:
Ayes: Councilmen - Hughes, Murphy, Pinkerton, Ratnich
and McCarty
Noes: Councilmen - None
Absent: Councilmen - None
z?
ALICE M. REIMCHE
City Clerk
81-58