California Government Code 7902.6 – The governing body of any city incorporated at the General Election …
The governing body of any city incorporated at the General Election held on November 4, 1980, for which no appropriations limit has been established by the electors of that entity, may, by resolution, adopt an appropriations limit for the purposes of XIII B of the California Constitution in the following manner:
(a) For the 1980-81 fiscal year, the appropriations limit of the city shall not exceed the amount determined pursuant to subdivision (a) of Section 3 of XIII B of the California Constitution as adjusted in any manner which may be required or permitted by XIII B.
Terms Used In California Government Code 7902.6
- City: includes "city and county" and "incorporated town" but does not include "unincorporated town" or "village. See California Government Code 20
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Subdivision: means a subdivision of the section in which the term occurs unless some other section is expressly mentioned. See California Government Code 10
(b) For the 1981-82 fiscal year, the appropriations limit of the city shall not exceed the total amount of proceeds of taxes received by the city during the 1981-82 fiscal year.
(c) For the 1982-83 fiscal year and each year thereafter, the appropriations limit of the city shall be equal to the total amount of proceeds of taxes received by the city for the 1981-82 fiscal year, adjusted for changes in the cost-of-living and population and such other changes as may be required or permitted by XIII B.
(Added by Stats. 1981, Ch. 84, Sec. 1. Effective June 21, 1981.)