Set legal spending limits for city budget years 2015-16, 2016-17, and 2017-18
In Plain English
California law requires cities to calculate maximum spending limits each year based on population and inflation. The city must formally approve these limits even though Richmond typically spends well below them. The limits help ensure fiscal responsibility and compliance with state constitutional requirements.
Auto-generated summary. Source: official agenda documents.
Votes
adopt Resolution No. 75-17
6 to 0
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