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CC Resolution 1992-086^#C% U RESOLUTION NO. 92*86 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, AMENDING RESOLUTION 92-68, ESTABLISHING THE CITY'S APPROPRIATION LIMIT FOR FISCAL YEAR 1992-93 WHEREAS, a budget and appropriation limit for the Fiscal Year 1992-93 has been prepared by the City Manager; and WHEREAS, the City Council desires to amend the City's appro- priation limit for the Fiscal Year 1992-93 as previously approved and adopted by Resolution 92-68; and WHEREAS, Section 7910 of the Government Code of the State of California provides that each year the governing body of each local jurisdiction shall, by resolution, establish its appropriations limit for the following *iscal Year; and WHEREAS, the appropriations limit for the preceding Fiscal Year 1991-92 was duly and regularly established at $13,394,431 by Resolution No. 91-56 of this City Council; and WHEREAS, Section 7902(b)of the Government Code sets forth the method for determining the said appropriations limit, to be based upon the limit applicable for the prior Fiscal Year and adjusted for changes in the cost-of-living and in population; and WHEREAS, the City of La Quinta has obtained an independent auditor's report in connection with the review and establishment of the appropriations limit under Article XIIIB of the California Constitution. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of La Quinta, that the City Council of La Quinta does hereby amend Resolution 92-68 as follows and does hereby determine that all other provisions and contents of said resoiution shall remain in effect: SECTION 1. The appropriations limit for the City of La Quinta established in accordance with Section 7902(b) of the California Government Code, for the Fiscal Year 1992-93 is $18,182,456. PASSED, APPROVED AND ADOPTED this 2nd day of Nov. 1992, by the following vote: AYES: Council Meinbers Bohnenberger, Franklin, Rushworth, Sniff NOES: None & Mayor Pena ABSENT: None ABSTAIN: None JOHN NA MAYOR City of La Quinta, California BIB] 08-05-1998-U01 03:42:15PM-U01 ADMIN-U01 CCRES-U02 92-U02 86-U02 ^#C% a RESOLUTION NO. 92-86 UNDRA L. JU LA, ty Clerk City of La Quinta, California APPROVED AS TO FORM: DAWN HON City of La Quinta, California BIB] 08-05-1998-U01 03:42:15PM-U01 ADMIN-U01 CCRES-U02 92-U02 86-U02