HomeMy WebLinkAboutCC RES 2018-57RESOLUTION NO. 2018 - 57
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT, CALIFORNIA, ESTABLISHING THE APPROPRIATIONS LIMIT
FOR THE FISCAL YEAR 2018/2019
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 FY
2018/2019 has been performed by the Finance Department based on available information
and is on file with the Finance Department and available for public review; and
WHEREAS, Finance staff will recalculate the Appropriations Limit for respective
fiscal periods including FY 2018/2019, 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 $131,788,605 for FY 2018/2019.
PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert
City Council held on this 28th day of June 2018, by the following vote, to wit:
AYES: HARNIK, KELLY, NESTANDE, and JONATHAN
NOES: NONE
ABSENT: WEBER
ABSTAIN: NONE
SABBY JONATHMtYOR
ATTEST:
114>tek. 0,k
RA ELLE D. KLASSE , CITY CLERK
CITY OF PALM DESERT, CALIFORNI
RESOLUTION NO. 2018-57
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Resolution No. 2018-57
CITY OF PALM DESERT
FISCAL YEAR 2018-2019
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. 2017-18 APPROPRIATION LIMIT
AMOUNT SOURCE
125,368,032 PRIOR YEAR'S CALCULATION
B. ADJUSTMENT FACTORS
1. POPULATION %
POPULATION % CHANGE 1.40 STATE DEPT OF FINANCE
POPULATION CONVERTED TO RATIO (1.40+100)/100 1.0140 CALCULATED
2. INFLATION %
USING % CHANGES IN CALIF PER CAPITA PERSONAL INCOME
PER CAPITA % CHANGE 3.67 STATE DEPT OF FINANCE
PER CAPITA CONVERTED TO RATIO (3.67+100)/100 1.0367 CALCULATED
3. CALCULATION OF FACTOR FOR FY 18-19
C. 2018-19 APPROPRIATIONS LIMIT BEFORE ADJUSTMENTS
D. OTHER ADJUSTMENTS
E. I2018-2019 APPROPRIATIONS LIMIT
F. (APPROPRIATIONS SUBJECT TO LIMIT I
G. JOVER/(UNDER) LIMIT 1
1.0512 B1*B2
131,788,605 B3*A
0 CALCULATED
131,788,605 1 C+D
47,185,535 I CALCULATED
(84,603,070)1 F-E