HomeMy WebLinkAbout0187.091•
March 14, 1991
HONORABLE CITV COUNCIL
Palo Alto, California
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1"1-92 GAHH LIM%T= IMPLEM~HTATIQN OF PROPOS4TiO. 111
Members of the Council:
It_port in Brief
This is an informational report and no Council action is required.
In February 1990 (CMR:159:91), staff informed the Council that,
pending publication of the final Uni.form: Guidelines: Article XII!B
Appropriations Limit, it appeared the city would be well within its
1991-92 Gann Limit, and would not need to place a request for
override on the November 1991 ballot~ We have now received a copy
of the final 9uidelines~ As antiCipated, changes to the appropria
tlon& limit calculation and compliance quidelines made as a result
of Proposition 111 will qive an estimated $5.0 million in addi
tional room from the Gann Limit, and no action yill be needed to
place an override measure on the November 1991 ballot.
Respectfully submitted,
~/') f hlJ.-<:.JD ~ fti{J;ISON
~~
Assistant city Manager
Related Staff Beports:
QIR: 187:91
C1Q:4B3:0
CMR: 159:91