HomeMy WebLinkAboutReso 88 FY 09-10 AppropriationsRESOLUTION N0.88-09
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ADOPTING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 2009-2010 OF $181,928,007
WHEREAS, State law requires that an Appropriations Limit be adopted by the City Council in
conjunction with the Annual Budget process; and
WHEREAS, Article XIlI B of the California Constitution places certain restrictions on appropriations
made by cities; and
WHEREAS, the restrictions are applicable to appropriations, which are defined as "Proceeds of Taxes";
and
WHEREAS, the law allows the option to select the factors to be used in the calculation of the
Appropriations Limit; and
WHEREAS, the City must select between the following factors: (A) the change in City population, or
(B) Countywide population, and either: (1) the change in the State per capita income, or, (2) the change in the
assessed valuation of local non-residential construction; and
WHEREAS, the 2009-2010 Appropriations Limit used the following discretionary factors: (1) the
change in the City population and (2) change in non-residential assessed valuation and
WHEREAS, the calculation of the Appropriations Limit for 2009-2010 is described in Attachment 2,
attached hereto and by reference made a part hereof.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby
adopt the City of Dublin Appropriations Limit for Fiscal Year 2009-2010 of $181,928,007.
BE IT FURTHER RESOLVED that the limit has been calculated in accordance with State Law and is
shown in Exhibit A, attached hereto.
PASSED, APPROVED AND ADOPTED this 23rd day of June, 2009, by the following vote:
AYES: Councilmembers Biddle, Hart, Hildenbrand, Scholz, and Mayor Sbranti
NOES: None
ABSENT: None
ABSTAIN: None
Mayor
ATTEST:
C~ ~ ~~°~V
City Clerk
Reso No. 88-09, Adopted 6-23-09, Item 4.3 Page 1 of 1
EXHIBIT A
CALCULATION OF FISCAL YEAR 2009-2010 APPROPRIATIONS LIMIT
(Based on Fiscal Year 2008-2009 Limit)
A. SELECTION OF OPTIONAL FACTORS
1. Population -City vs. County
a. Change in Population, City of Dublin
OR
01 /01 /2008 01 /01 /2009 % Increase
44,267 45,661 3.15%
b. Change in Population, Alameda County 1,534,959 1,554,220 1.26%
_> Selected Factor #1 =City of Dublin Population Growth 3.15%
2. State Income vs. City Non-Residential Building
a. Change in State Per Capita income: 0.62%
OR
b. Change in Non-Residential Assessed Valuation: 3.36%"*
* (Based on preliminary tax roll information available from the Alameda County
Assessor May 2009. The final tax roll figure may be different. )
6.
_> Selected Factor #2 =Change in Non-Residential Building 3.36%
CALCULATION OF GROWTH LIMIT ADJUSTMENT
The formula for calculating the adjustment is as follows:
Selected Factor 1 + 100 = X
Selected Factor 2 + 100 = Y
(X) " (Y) =Fiscal Year 2009-2010 Appropriations Limit Adjustment Factor
3.1_ 5~ 0 = 1.0315
3.36+100 = 1.0336
~-
Adjustment Factor FY 2009-2010:1.0315 x 1.0336 = 1.0662
C
CALCULATION OF APPROPRIATIONS LIMIT
Fiscal Year 2008-2009 Appropriations Limit $170,632,158
Fiscal Year 2009-2010 Adjustment Factor x 1.0662
Fiscal Year 2009-2010 Appropriations Limit $181,928,007