Set annual spending limit for 2012-13 budget year
In Plain English
California law requires cities to calculate a maximum amount they can spend each year based on population and inflation. Richmond must formally approve this limit before adopting its annual budget. The limit prevents excessive government spending without voter approval.
Auto-generated summary. Source: official agenda documents.
Votes
Adopted Resolution No. 83-12 approving the 2012-13 Appropriations Limit
6 to 0
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