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Resolution 12273CITY OF ALAMEDA RESOLUTION NO. 12273 ESTABLISHING APPROPRIATIONS LIMITS FOR FISCAL YEAR 1992-93 WHEREAS, pursuant to Article XIIIB of the Constitution of the State of California, the City Council of the City of Alameda is required to establish an "Appropriations Limit" for fiscal year 1992-93; and WHEREAS, the Appropriations Limit has been determined in accordance with uniform guidelines for Article XIIIB of the California Constitution. WHEREAS, the voters approved Proposition 111 in June, 1990, which allows for new adjustment formulas for the appropriations limit calculation that is responsive to local growth issues. The adjustment factors used to arrive at the 1992-93 limit are as follows: 1986-87 1987-88 1988-89 1989-90 1990-91 1991-92 1992-93 County Population increase of 2.26% CPI of 2.30% County Population increase of 1.34% CPI of 3.47% County Population increase of 1.51% CPI of 4.66% City Population increase of 1.81% CPI of 5.19% County Population increase of 1.36% CPI of 4.21% City Population increase of 3.39% CPI of 4.14% City Population increase of 2.02% CPI of -0.64% NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that said Council hereby establishes the Appropriations Limit in the amount of $37,307,224 for fiscal year 1992-93. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in regular meeting assembled on the 16th day of June , 1992, by the following vote to wit: AYES: Councilmembers Arnerich, Camicia, Lucas, Roth and President Withrow - 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 17th day of June , 1992. Diane B. Felsch, City Clerk City of Alameda