HomeMy WebLinkAbout1995-06-27 - RESOLUTIONS - FY 95 96 APPROPRIATIONS LIMIT (2)RESOLUTION NO. 95-53
A RESOLUTION OF THE CITY OF SANTA CLARITA,
CALIFORNIA, APPROVING AND ADOPTING
THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1995-96
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
California per capita personal income and such change is 4.72% for the prior calendar year.
B. That the City also has the option to use the change in the local assessment roll
due to local nonresidential construction in lieu of the California per capita personal income
change; however, the State nor the County of Los Angeles has this information at this time.
C. That the Department of Finance has notified the City of the change in population
of the City and the entire Los Angeles County in which the City has the option to use the
greater percentage change, which change is a decrease of .52% for the City of Santa Clarita
for the prior calendar year. '
D. That, pursuant to California Constitution Article XIIIB, Section 1 and
Government Code sections 7900 et sea., and pursuant to the guidelines set forth by
Proposition 111, the City appropriations limit must be adjusted for changes from the base
year of 1986-87 to the fiscal year ending June 30, 1996. By the changes in the California per
capita personal income and in population.
E. 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 fiscal
year ending June 30, 1996 is $101,727,593.
SECTION 3. That the City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this ; 7: n day of ,luny , 1995
ATTEST:
�i—',�Z4
Donna . Grindey, Ci Clerk
139
o Anne Darcy, Mayor
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §
CITY OF SANTA CLARITA )
I, Donna M. Grindey, City Clerk of the City of Santa Clarita, do 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 27-th day of June
19 a9i by the following vote of Council: '
AYES: COUNCILMEMBERS: Smyth, Soyer, Pederson, Heidt, Darcy
NOES: COLNCILMEM 3ERS: 'done
ABSENT: COUNCILMEMBERS: ,done
`— 7
City of Santa Clarita
Annual Appropriations Limit
The Appropriations Limit, established by the State of California per Article XIIIB of the
California State Constitution, sets a limit for the annual appropriations of tax proceeds for all
municipalities.
Article XIIIB was recently amended by Proposition 111 to change the method of calculating the
annual appropriations limit. Prior to Proposition 111, the annual appropriations limit was
adjusted annually by the change in the cost of living or by the change in California per capita
personal income, whichever is less, and by the percentage change in the population of the City.
Under the new guidelines set forth by Proposition 111, the annual appropriations limit will not
exceed a base year adjusted by the change in population of the City or the County combined with
either the change in California per capita personal income or the change in the local assessment
roll due to local nonresidential construction. Proposition 111 also changed the base year for all
municipalities to 1986-87.
The law requires a governing body to annually adopt an appropriations limit for the following
fiscal year, along with a recorded vote regarding which of the annual adjustment factors have
been selected.
Starting with a base year limit of $47,350,022 for 1986-87, the Annual Appropriations Limit
increased to the 1995-96 limit by using the guidelines set forth in Proposition 111, the
calculation would be as follows:
Fiscal
Year
1986-87
Prior Years
Limit
47,350,022
Add Change in
Personal Income
3.47% 1,643,046
New Base
48,993,068
Add Change in
Population
12.82% 6,280,911
Appropriations
Limit
47,350,022
55,273,979
1987-88
1988-89
55,273,979
4.66%
2,575,767
57,849,746
12.29%
7,109,734
64,959,480
1989-90
64,959,480
5.19%
3,371,397
68,330,877
5.85%
3,997,356
72,328,233
1990-91
72,328,233
4.21%
3,045,019
75,373,252
4.75%
3,580,229
78,953,481
1991-92
78,953,481
4.14%
3,268,674
82,222,156
7.01%
5,763,773
87,985,928
1992-93
87,985,928
(.64%)
(563,110)
87,422,818
2.67%
2,334,189
89,757,007
89,757,007
2.72%
2,441,391
92,198,398
1.18%
1,087,941
93,286,339
L1994-95
93,286,339
.71%
662,333
93,948,672
3.94%
3,701,578
97,650,250
97,650,250
4.72%
4,609,092 1
102,259,342 1
(.52%)
(531,749)
101,727,593
137