EXHIBIT 10-A
RESOLUTION 2007-__
A Resolution of the Board of Directors of the
Monterey Peninsula Water Management District
Establishing an Appropriations Limit
for Fiscal Year 2007-08
WHEREAS, Article XIII (B) of the California Constitution requires that each local government agency annually establish an appropriations limit; and
WHEREAS, the Monterey Peninsula Water Management District desires to establish its appropriations limit for the purpose of setting its budget;
NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the Monterey Peninsula Water Management District hereby determines that the 2007-08 appropriations limit for the District is $1,177,510 based on a 2007-08 multiplier of 1.0474, as shown on Attachment 1.
On motion of Director ___________, and second by Director ________, the foregoing resolution is duly adopted this 18th day of June 2007 by the following votes:
AYES:
NAYS:
ABSENT:
I,
Witness my hand and seal of the Board of Directors this ____ day of June 2007.
_____________________________________
Deputy Secretary to the Board
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