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HomeMy WebLinkAboutCC RES 93-065RESOLUTION NO. 93-65 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA ESTABL2SHING THE APPROPRIA�'IONS LIMIT FOR THE 1993--9� F'�SCAL YEAR WHEREAS, the voters approved the Gann Spending Limitation Initiative (Proposition 4) on November 6, 1979 adding Article XIII B to the Constitution of the State of California to establish and define annual appropriation limits on state and local government entities; and WHEREAS, Chapter 120-5 of the Revenue and Taxation Code Section 7910 (which incorporates California Senate Bill 1352) provides for the implementation of Article XIII B by defining various terms used in this article and prescribinq procedures to be used in implementing specific provisions of the article, including the establishment each year by the qoverning body of each local jurisdiction of its appropriations limit; and WHEREAS, the required calculation to determine the Appropriations Limit for fiscal year 1993-94 has been performed by the Finance Department and is on file with the Finance Department and available for public review; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the City of Palm Desert appropriations limit is hereby established as 525,754,843 for 1993- 94 Fiscal Year. PASSED, APPROVED AND ADOPTED at a regular meetinq of the Palm Desert City Council held on this 24th day of June , 1993 by the followinq vote, to wit: AYES: �RITES, KELLY, S:IYDER, WILSON, BE:iSO� NOES : NONE ABSENT : ���;E ABSTAIN: �ONE �� ,j � ✓��'i.� .�"j i SHEILA R. City of Pal � ��'� � IGL AN, C Desert, CLERK �� � %_� , �� � l 'y v, �..�!/�'„--�% �' BENSON, MAYOR �ity of Palm Desert, CA 0 , � � . 9nn�w6_qni4 I j FY i 99�3-94 APPROPRtAI. _�IS UMIT CALCULATION 0.5:14 PM 1 Articf� Xffl 8 of tt�� Stat� Conetih�tion r�quir�e to adopt an annual appropnabone limik. R►� o�igind bae� y�ar limit was sdopt�d in FY 1978—'79 and hae b��n adjuat�d annually tor incr�ae�e by a factor co m� of th• chang� in population combin�d with Nth�� th� chang� in Californra p�� capita p�roonal incom� or t�• chang� �n aaa�eem�nt roll du� to nonr�eid�ntial conatruction. Information from th� Counry r�garding th� chan9• in Ioca1 aes�ear roll du� to nonr��id�n0al conetruction waa not avaitabl� at th� bm� o} th� calculation; Califomia CPI wae ue�d to calcu 1993-94 Appropriation Limit. In Nov�rb�r, 1988 th� vot�re approv�d Propoeition R which incnae�d th� IinR to 525,000,000 which hae now �xpir�d. Th• 1393-94 {imR wae calculat�d wi1t� prior y�are r�—calculat�d du� to th� �xpiration of th� S2S,000,000 IimR. A. 1992-93 APPROPRIATIONS LIMIT SEE RECALCULATION IN WORKSHEET 4A DUE TO VOTEA'S APPROVED APPROPRIATIONS LIMIT OF s2SMIILION IN NOVEMBER, 1988 IMPLEMENTED IN FY t989-90. B. ADJUSTMENT FACTORS: 1. POPULATION 96 POPULATION CHANGE POPULATION CONVERTED TO RAT10 2. INFLATION 96 USING CHANGES IN CALIF PER CAPITA PERSONAL INCOME. PER CAPITA CHANGE PER CAPITA CONVERTED TO RATIO 3. CALCULATION OF FACTOR FOR FY93-94 C.1993-94 APPROPRIATIONS UMIT BEFORE AO.�JSTMENTS D. OTHER ADJUSTMENTS: LOST RESPNSIBILITY (—) - TAANSFER TO PRIVATE (—) TRANSFER i0 FEES �—) ASSUMED RESPONSIBLILITY (+� TOTAL AOJUSTMENTS E.1993-94 APPROPRIATIONS L1MIT AMOUNT 23,295,421 SOURCE PRIOR YEAR' CALCUTATION 7.6,900��16 (7.63+100)/100= 1.0763 2720096 (2.72+100)/100= 1.0272 1.1056 25,754,843 STATE DEPT OF FINANCE CALCiJLATED STATE QEPT OF FINANCE CALCULATED Bt•82 83'A � �� � �� � �� � �� � �� 25,754,843 C+D . 10 ; � 9��, �FY f9�3-94 APPROPRWT i L1MlT CALCI�ITlOPi Q6:1' P!4) RECALCI�.AT60N OF APPf�pR�ATfOtVS IEMET FRpM FY t 988-90 1 3 CCRREvr ettlott YE,�tt ADJUS MENT ACTORS CCRREVTYEAR : �O1JSfNENTs C�RRE� i YE.�R ' F(SCAL � �PPROPFtIwT:ONS; GROWTH CPI ACTOR ; APPROPR(AT10�Si APPROPR:A:�C�� i YEAR , L1tifIT ; POPl;UT10V °6 • IVFL,�I10V � FOR CY LIStITBEFOREADJI L;HIT ACTIJAL & CONVII2SION , k CONVF2SiONl TO RAIlO i0 RA�O B1'B2 B3' A ' C-D 1989-90 16ffi6,681 7.5�00°Jo 4.9900"'0 1.0755 1.0496 1.L.'91 18998,330.77 0.00 :8.998�30." t 990-91 18998.331 5.:600% 4.�0OO��c 1.0516 1.Q4�0 1.1021 '.�937.619.� 0.00 �93'.619.� t 991-92 7A937.6�0 3.8900°�0 4.1400°ro 1.(1389 1.0414 1.0819 �?b52,6�29.63 0.00 �b��.629b3 t 992-93 .??.b52.630 3.5000% -Ob400°�c 1.0350 0.9936 1.0284 :3'.95.42D.65 0.00 �r95.a�.6� 11