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HomeMy WebLinkAboutItem 3.3 1984-85 Appropriations Limit (2) CITY OF DUBLIN AGENDA STATEMENT CITY COUNCIL MEETING DATE: June 26 , 1984 SUBJECT 1984-85 Appropriations Limit EXHIBITS ATTACHED Resolution RECOMMENDATION (Adopt Resolution FINANCIAL STATEMENT: 1984-85 Appropriations Limit - $6 , 193,489 DESCRIPTION As a result of the passage of Proposition 4 by the voters of the State of California in 1979 , a limit on the appropriations of cities was imposed. Since the City of Dublin incorporated subsequent to the passage of Proposition 4 , the County . Board of Supervisors established Dublin ' s Appropriation Limit at $5 ,361 ,000 for Fiscal Year 1982-83 . In June 1984 , the City Council adopted a resolution establishing the City' s appropriation limit at $5 , 740 ,559 . For Fiscal Year 1984-85 , the City must adopt an appropriation limit which adjusts the City' s 1983-84 appropriation limit by the change in the U. S . Consumer Price Index ( CPI ) and the change in the City ' s popuation as determined by the State Department of Finance . The 1984-85 Appropriations Limit is established as follows : Change in Population Population ( 1/1/83 ) 15 , 103 Population ( 1/1/84 ) 15 ,557 Percent Change + 3 . 01% Change in CPI + 4 . 740 Growth rate = 1 . 0301 x 1 . 0474 = 1 . 0789 Growth rate x 1983-84 Appropriation Limit = 1984-85 Appropriation Limit 1 . 0789 x $5 ,740 ,559 = $6 , 193 ,489 As indicated above, the City ' s 1984-85 Appropriation Limit is $6 , 193 , 489 . This limit only restricts those appropriations which are funded by proceeds of taxes as defined by Proposition 4 . For 1984-85 those recommended appropriations funded by proceeds of taxes which are subject to limitation total $5 , 002 , 409 . RECOMMENDATION Since the City is required by law to adopt an appropriations limit in accordance with the procedure outlined above, it is recommended that the City Council adopt the attached resolution establishing the City' s appropriation limit at $6 , 193 , 489 for Fiscal Year 1984-85 . ---------------------------------------------------------X------------------- COPIES TO: ITEM NO. 3. 3 RESOLUTION NO. - 84 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN -------------------------------------- ADOPTING THE APPROPRIATION LIMIT FOR FISCAL YEAR 1984-85 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 July 1, 1980 ; and WHEREAS, on November 24 , 1981, the Alameda County Board of Supervisors adopted Resolution No. 192103 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 non-proceeds of taxes and adjusted by changes in the State Per Capita Personal Income or CPI and population on an annual basis . NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby adopt the City ' s Appropriation Limit for Fiscal Year 1984-85 of $6 , 193 ,489 which has been caculated in accordance with state law. PASSED, APPROVED AND ADOPTED this 26th day of June, 1984 . AYES : NOES : ABSENT: Mayor ATTEST: City Clerk