HomeMy WebLinkAbout1990-06-26 - RESOLUTIONS - 1990-91 APPROPRIATIONS LIMIT (2)RESOLUTION NO. -N-M
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA
CLARITA, CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL
APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1990-91.
The City Council of the City of Santa Clarita hereby resolves as
follows:
SECTION 1. The City Council of the City of Santa Clarita hereby
finds and determines:
A. That the Department of Finance has notified the City of the
change in the cost of living or change in California per capita personal
income, whichever is less, and such change is 4.21, for the prior calendar
year.
B. That the Department of Finance has notified the City of the
change in population, which change is an increase of 4.75, for the prior
calendar year.
C. That, pursuant to California Constitution Article XIIIB,
Section 1 and Government Code sections 7900 et sea., the City appropriations
limit must be adjusted for changes in the cost of living and population for
the fiscal year ending June 30, 1991.
D. That the appropriations limit documentation applicable to this
Resolution has been available for public inspection for fifteen days prior to
approval by the City Council, pursuant to Government Code Section 7910.
Section 2. That the appropriations limit for the City of Santa
Clarita for the fiscal year ending June 30, 1991, is $77,921,086.
Section 3. That the City Clerk shall certify to the adoption of
this Resolution.
PASSED, APPROVED AND ADOPTED this 26th day of June
1990,
MAYOR
ATTEST:
IT CLERK
- 2 -
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by
the City Council of the City of Santa Clarita, at a regular meeting thereof,
held on the 26th day of June , 19 90 , by the following vote of
the Council:
AYES: COUNCILMEMEERS
NOES:
ABSENT: COUNCILMEMBERS
Boyer, Heidt, Klajic, McKeon, Darcy
None
None
CITY CLERK
The Gann Limit, or better 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 1986-87 547.350.022
B. Computation of 1987-88 limit
Add 1986-87 limit $47,350,022
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
$64,238,315
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
6/15/90