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HomeMy WebLinkAboutAGENDA REPORT 1989 0802 CC REG ITEM 08M MOORPARK ITEMyr /f ' ,<s a.. r • v�,.r ELOISE BROWN ppK °q< STEVEN KUENY Mayor o°� s�v City Manager BERNARDO M. PEREZ F o CHERYL J. KANE Mayor Pro Tam City Attorney CLINT HARPER, Ph. D. i O PATRICK RICHARDS, A.I.C.P. Councilmember o9 0' Director of PAUL LAWRASON °oq , Community Development Councilmember �TEO '''` R. DENNIS DELZEIT SCOTT MONTGOMERY City Engineer Councilmember JOHN V. GILLESPIE RICHARD T. HARE Chief of Police City Treasurer M E M O R A N D U M TO: The Honorable City Council FROM: Richard Hare, Deputy City Manag�rJ DATE: July 27, .1.989 �'/�� SUBJECT: Appropriation Limit 1989-90 BACKGROUND: The voters of the City of Moorpark approved Measure C oil June 7, 1988,. which increases the City's appropriation for the four year period of 198E-87 through 1989-90 by the amount of the proceeds of taxes collected in excess of the limit for each year during that four year period. This is provided for under the State Cons ti.t.ution, Article 8.D. The Council. must adopt a resolution each year authorizing the appropriation of funds in conformance with Measure C and with Article 8.D. of the State Constitution. This Resolution is attached for Council-'s. review. The budget for fiscal year 89/90 as passed by the City Council is predicated upon conformance with the Measure C appropriation limit- and the establishment of a Vann Fund. STAFF RECOMMENDATION: Staff recommends adoption of Resolution No. 89- establishing the City's appropriation limit for Fiscal. Year 1989-90, and establishing a. Game Fund. RH:sc MOORPARK, CALIFORNIA 897279 City Council Meeting Attachment of 9-/12— 1984 ACTION: By -799 Moorpark Moorpark Avenue Moorpark, California 93021 (805) 529-6864