California · * California Constitution - CONS

CONS §SEC. 10.5: For fiscal years beginning on or after July 1, 1990, the appropriations limit of each entity of government shall be the appropriations limit for the 1986–87 fiscal year adjusted for the changes made f

What this law says, in plain English

This statute establishes how government entities calculate their spending limits starting July 1, 1990, based on 1986–87 fiscal year amounts with specified adjustments.

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For fiscal years beginning on or after July 1, 1990, the appropriations limit of each entity of government shall be the appropriations limit for the 1986–87 fiscal year adjusted for the changes made from that fiscal year pursuant to this article, as amended by the measure adding this section, adjusted for the changes required by Section 3.

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