HomeMy WebLinkAboutCC RES 2015-61RESOLUTION NO. 2015-61
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT,
CALIFORNIA, ESTABLISHING THE APPROPRIATIONS LIMIT FOR THE
2015-2016 FISCAL 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 prescribing procedures to be used in implementing specific provisions of the
Article, jurisdiction of its appropriations limit; and
WHEREAS, the required calculation to determine the Appropriations Limit for Fiscal Year
2014-2015 has been performed by the Finance Department based on available information and is on file
with the Finance Department and available for public review;
WHEREAS, Finance staff will recalculate the Appropriations Limit for respective fiscal periods
including Fiscal Year 2015-2016, as soon as information regarding the percentage changes in the local
assessment roll due to additional local nonresidential new construction is made available by the
Riverside County Assessor's office;
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 $111,576,398 for
2015-2016 Fiscal Year.
PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council
held on this 18th day of June 2015, by the following vote, to wit:
AYES: HARNIR, JONATHAN, SPIEGEL, TANNER, and WEBER
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
ATTEST:
RAe ELLE D. KLASSEN, CI CLERK
CITY OF PALM DESERT, CALIFORNIA
Susan Marie Weber, Mayor
viii
Resolution No. 2015-61
CITY OF PALM DESERT
FISCAL YEAR 2015-2016
APPROPRIATIONS LIMIT CALCULATION
Article XIII B of the California Constitution requires adoption of an annual appropriation limit. The original base
year limit was adopted in FY 1978-79 and has been adjusted annually for increase by a factor comprised of the
percentage change in population combined with either the percentage change in California per capita personal
income or the percentage change in local assessment roll due to the addition of local nonresidential new
construction. The changes in the local assessment roll due to additional local nonresidential new construction for
current and prior periods have not been available from the County Assessor's office.
On November 1988, voters approved Proposition R which increased the limit to $25,000,000. It expired in
November 1992. The FY 1993-94 limit was calculated with prior years re -calculated to reflect the expiration of the
$25,000,000 limit.
A. 2014-15 APPROPRIATION LIMIT
AMOUNT SOURCE
106,102,286 PRIOR YEAR'S CALCULATION
B. ADJUSTMENT FACTORS
1. POPULATION %
POPULATION % CHANGE 3.82 STATE DEPT OF FINANCE
POPULATION CONVERTED TO RATIO (3.82+100)/100 1.0382 CALCULATED
2. INFLATION %
USING % CHANGES IN CALIF PER CAPITA PERSONAL INCOME
PER CAPITA % CHANGE 1.29 STATE DEPT OF FINANCE
PER CAPITA CONVERTED TO RATIO (1.29+100)/100 1.0129 CALCULATED
3. CALCULATION OF FACTOR FOR FY 15-16
C. 2015-16 APPROPRIATIONS LIMIT BEFORE ADJUSTMENTS
D. OTHER ADJUSTMENTS
E. 12015-2016 APPROPRIATIONS LIMIT
F. 'APPROPRIATIONS SUBJECT TO LIMIT I
G. IOVER/(UNDER) LIMIT
1
1.0516 B1*B2
111,576,398 B3'A
0 CALCULATED
111, 576, 398 1 C+D
40,382,637I CALCULATED
(71,193, 761)1 F-E