HomeMy WebLinkAbout072-93RESOLUTION NO. 72-93
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF DANVILLE
ADOPTING AMENDMENTS TO THE 1993-94 FINANCIAL PLAN AND SETTING
THE 1993-94 APPROPRIATION LIMIT
WHEREAS, amendments to the Financial Plan for the fiscal year beginning July 1, 1993
and ending June 30, 1994 were submitted to the Town Council on May 6, 1993; and
WHEREAS, the Town Council held four study sessions and two public hearings to discuss
the proposed amendments to the financial plan; and
WHEREAS, the Town Council made various amendments to the proposed Financial Plan
detailed in Exhibit A of this resolution; and
WHEREAS, the Town Council is required to adopt an appropriation limit for proceeds
of taxes; and
WHEREAS, this limit fixes the amount of general tax revenue that can be appropriated in
a given fiscal year; and
WHERFAS, any excess revenue must be returned to the taxpayers; and
WHEREAS, pursuant to Proposition 111 passed by the voters in June 1990, the Town has
selected the California Per Capita Income and the change in Town population as the
adjustment factors for 1993-94; now therefore, be it
RESOLVED, that the Town Council of the Town of Danville does hereby adopt the
proposed 1993-94 Financial Plan as amended by Exhibit A; and be it further
RESOLVED, that the Town Council of the Town of Danville appropriates funds from the Park
Fund for the Capital Improvement Program projects fisted on Exhibit B; and be it further
RESOLVED, that the Town Council of the Town of Danville does hereby set the fiscal year
1993-94 appropriation limit at $9,214,001.
APPROVED by the Danville Town Council at a Special Meeting held on Tuesday June 29,
1993 by the following vote:
AYES: SHIMAN SKY,
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
RITCHEY, DOYLE, GREENBERG, LANE
iCITY ATTORNEY
ATTEST:
CITY CLERK
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