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Minutes - San Leandro City Council Meeting - August 3, 1992 Page - 7 - NEW BUSINESS (continued) B. Ordinance No. 92-017, An Ordinance Reclassifying Certain Property Herein Described as to Zoning District and Amending the Zoning Map (A- 88-18) , 1001 to 1147 Davis Street and 1223 Orchard Avenue (provides for rezoning 1001 to 1147 Davis Street and 1223 Orchard Avenue from R-1 , R- 2, and R-3 [Residential ] District to P [Professional ] District and amending the Zoning Map, as approved at the Public Hearing on April 20, 1992) . (1024) Introduced by Council Member Faria, who moved that it be passed to print, seconded by Council Member Myers, and carried by the following called vote: AYES: Council Members Corbett, Faria, Kerr, Myers, Perry, Polvorosa; Mayor Karp ( 7 ) NOES: None ( 0 ) ABSENT: None ( 0 ) 8. PUBLIC HEARINGS A. Matter of City's 1992-93 Appropriation Limit. This being the time and place for the Public Hearing on the above matter, John Jermanis, Finance Director, said the California Constitution requires that the City hold a Public Hearing each year setting an appropriation limit. He said each year a spending limit is established based upon certain changes that occur. He said the base year is 1986-87 and the rate of growth since 1986-87 amounts to 125%. He said the expenditure limit is now $45,000,000, less Enterprise Funds, etc. , and the City' s appropriation limit is under that amount by $20,735,952. He said the calculations conducted by the Finance Department are reviewed each year by the City's independent auditor. Council Member Myers asked if the amounts reflect the budget shortfall . Mr. Jermanis said they do, and the amount is being made up through the use of reserves. The Hearing was then opened to the public. There being no comments from the public, on motion of Council Member Faria, seconded by Council Member Polvorosa, and carried unanimously, the Public Hearing was closed.