HomeMy WebLinkAbout9.1 Appropriations Limit 1988-89 ±r= '"
CITY OF DUBLIN
AGENDA STATEMENT
CITY COUNCIL MEETING DATE: June 27, 1989
SUBJECT 1989-90 Appropriations Limit
EXHIBITS ATTACHED Resolution
RECOMMENDATION L. Adopt Resolution
FINANCIAL STATEMENT: 1989-90 Appropriations Limit - $14, 436, 706
DESCRIPTION In June, 1988, the City Council adopted Resolution No.
90-88, establishing the City' s appropriations limit for Fiscal Year 1988-89
at $12, 825, 787 .
Each fiscal year, the Council is required to adopt an appropriations limit.
According to the legislation that initiated the appropriations limit
requirements, the limit changes each year by the change in the population,
plus the lesser of the change in the U. S . Consumer Price Index (CPI) or the
change in the State per capita personal income.
The 1989-90 appropriations limit is calculated in a consistent manner as
required by Article XIIIB of the California State Constitution, using the
following factors :
Change in population:
Estimated population ( 1 /1 /88) 21 , 282
Estimated population (1 /1 /89 ) 22, 819
Change = increase of 1 , 537
Change in percentages = 7 . 22%
Change in U. S . CIP = 4.98%
Change in State per capita income = 5 . 191 %
The appropriations limit growth rate formula is :
1 . 0722 x 1 . 0498 = 1 . 1256
The City' s appropriations limit base for Fiscal Year 1989-90 is calculated
as follows :
$12, 825, 787 x 1 . 1256 = $14, 436, 706
This limit only restricts those appropriations which are funded by proceeds
of taxes, as defined by Article XIIIB of the State Constitution. The amount
of proceeds df taxes for 1989-90 is estimated to be $11 , 010, 270 .
Recommendation
Because the City is required by law to adopt an appropriations limit
calculated in accordance with the procedure outlined above, Staff recommends
that the City Council adopt the attached Resolution establishing the City' s
appropriations limit for Fiscal Year 1989-90 at $14, 436, 706.
RESOLUTION NO. - 89
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
**************************
ADOPTING THE APPROPRIATIONS LIMIT
FOR FISCAL YEAR 1989-90
WHEREAS, the voters of the State of California, in
November, 1979, approved the addition of Article XIIIB to the
California Constitution, popularly known as Proposition 4; and
•
WHEREAS, Article XIIIB of the California Constitution
places certain restrictions on appropriations made by cities in
California beginning June 1 , 1980; : and
WHEREAS, on November 24, 1981 , the Alameda County Board
of Supervisors adopted Resolution No. 092103 which established an
appropriations limit of $5, 361 , 000, effective February 1 , 1982,
for the newly incorporated City of Dublin; and
WHEREAS, restrictions on City appropriations are based
upon those appropriations funded by Proceeds of Taxes and adjusted
by changes in the City' s population plus the lesser of the change
in the State Per Capita Personal Income or the U. S . CPI.
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Dublin does hereby adopt the City' s Appropriations
Limit for Fiscal Year 1989-90 of $14, 436, 706, which has been
calculated in accordance with state law.
PASSED, APPROVED AND ADOPTED this 27th day of June,
1989 .
AYES :
NOES :
ABSENT:
Mayor
ATTEST:
City Clerk