HomeMy WebLinkAboutRES 2004-08RESOLUTION NO. 2004- o s
A RESOLUTION OF THE C11Y COUNCIL OF THE CITY OF DIAMOND BAR
SUPPORTING PROPOSITION 58: THE CALIFORNIA BALANCED BUDGET
ACT
WHEREAS, California's General Fund budget supports a variety of programs,
including public schools, higher education, health, social services, and prisons;
and
WHEREAS, the State General Fund has experienced chronic shortfalls between
revenues and expenditures since 2001-02; and
WHEREAS, policymakers have reduced program expenditures, raised revenues,
and taken a variety of other measures including borrowing from local
governments; and
WHEREAS, Proposition 58: The California Balanced Budget Act will amend the
Constitution in order to enact and maintain a balanced State budget; and
WHEREAS, Proposition 58 establishes specific State budget reserve
requirements; and
WHEREAS, Proposition 58 will establish a restriction on future deficit -related
borrowing; and
WHEREAS, Proposition 58 provides an exemption to the "single object or work"
bond criteria and thus, accommodates the $15 billion bond proposal in
Proposition 57: The Economic Recovery Bond Act
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Diamond Bar SUPPORTS Proposition 58: The California Balanced Budget Act
and directs the following:
SECTION 1. That the City Council of the City of Diamond Bar shall adopt the
Resolution and the City Clerk shall certify to the adoption
SECTION 2. That the City Council of the City of Diamond Bar asks all elected
officials and Diamond Bar voters to support Proposition 58.
PASSED, APPROVED AND ADOPTED this 3rd of February 2004.
Bob Zirbes, Mayor
I, LYNDA BURGESS, City Clerk of the City of Diamond Bar, California do hereby
certify that the foregoing Resolution passed, approved and adopted at a regular
meeting held on the 3rd day of Februa , 2004, by the following vote:
AYES: COUNCIL MEMBERS
NOES: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
ABSTAINED: COUNCIL MEMBERS:
Chang, Huff, MPT/Herrera,
M/Zi rbes
None
None
O'Connor
s
LYN A BURGESS, Ci CLERK
CITY OF DIAMOND BAR