HomeMy WebLinkAbout1990-06-06 - AGENDA REPORTS - PROPOSED BUDGET (2)0 0
CITY OF SANTA CLARITA
I N T E R O F F I C E M E M O R A N D U M
TO: Honorable Mayor and Members of the Council
FROM: George Caravalho, City Manager
DATE: May 31, 1990
SUBJECT: Council Study Session, 1990-91 Proposed Budget
BACKGROUND
On May 15, the City Council received the first overview of the 1990-91
proposed budget. At this time, the Council is scheduled to address the Parks
and Recreation, Public Safety, Public Works Capital Projects and Gann Limit
sections of the budget.
One item the Council should be aware of is the $315,000 over -budgeting in the
Parks Maintenance line item 801-9200-227. This should be addressed at this
time so the funds may be properly assigned to other programs or projects.
The budget has been referred to the Parks and Recreation and Planning
Commissions for review. Their findings will'also be discussed at this time.
That the City Council review the appropriate sections of the budget and
continue -to the meeting of June 12 for public hearing.
ATTACHMENT
Gann Limit
Agenda ltem;'4 --_
The Gann Limit, or bet• known as the Appropriations limit, was established
by the State of California to assure voters, per Article XIIIB of the Califor-
nia State Constitution, that annual appropriations of tax proceeds for all
municipalities will not exceed. a base year adjusted by the rate of inflation
and changes in City population. For Santa Clarita, the base year was 1985-86.
The base year limit is increased every year by the Federal Consumer Price
Index or California Per Capita Personal Income, whichever is lower, plus the
change in the City population. Using the limit of $42,498,812 for 1985-86 and
increasing it to the 1990-91 limit, the calculation would be as follows:
A. Computation of 1986-87 limit
Add 1985-86 limit $42,498,812
Consumer price index
increase of 2.3% 977.473
$43,476,285
Change in population
increase of 8.91% 3.873.737
APPROPRIATION LIMIT 1986-87 47.350.022
B. Computation of 1987-88 limit
Add 1986-87 limit $470350,022
Consumer price index
increase of 3.04% 1.439.441
$48,789,463
Change in population
increase of 12.82% 6,254.809
APPROPRIATION LIMIT 1987-88 $55.044.272
C. Computation of 1988-89 limit
Add 1987-88 limit $55,044,272
Consumer price index
increase of 3.93% 2.163.240
$57,207,512
Change in population
increase of 12.29% 7,030.803
APPROPRIATION LIMIT 1988-89 64.238.315
D. Computation of 1989=90 limit
Add 1988-89 limit $641238,315
Consumer price index
increase of 4.98% 3,199.068
$67,437,383
Change in population
increase of 5.85% 3.945.087
APPROPRIATION LIMIT 1989-90 71.382.470
E. Computation of 1990-91 limit
Add 1989-90 limit
$71,382,470
California per capita
personal income
increase of 4.21%
3.005.202
$74,387,672
Change in population
increase of 4.75%
3.533.414
APPROPRIATION LIMIT 1990-91
$77.921.086
AD/mc290
5/18/90