HomeMy WebLinkAboutCC RES 15-32 RESOLUTION NO. 15-32
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TUSTIN, CALIFORNIA, DETERMINING AND ADOPTING
AN APPROPRIATION LIMIT FOR THE FISCAL YEAR
2015-2016 IN ACCORDANCE WITH ARTICLE XIII B OF
THE CONSTITUTION OF THE STATE OF CALIFORNIA,
AND SECTION 7910 OF THE GOVERNMENT CODE
The City Council of the City of Tustin does hereby resolve as follows:
WHEREAS, Article XIII B was added to the Constitution of the State of California
ata general election held November 6, 1989; and
WHEREAS, an annual appropriation limit must be determined for this City
effective for the fiscal year beginning July, 2015; and
WHEREAS, the appropriation limit must be adhered to in preparing and adopting
this City's Annual Budget;
NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve
and order as follows:
Section 1: In accordance with Article XIII B of the Constitution of the State of
California, and Section 7910 of the Government Code, and as set forth in detail in the
Attached Exhibit "A", that the appropriation limit for the fiscal year beginning July, 2015
through June, 2016 is $77,049,230.
Section 2: The appropriation limit shall not be exceeded in the adopted budget
or by any proposed amendment to the budget.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Tustin held on the 16TH day of June, 2015.
Resolution No. 15-32
Page 1 of 2
CHARLES E. PUCKETT,
Mayor
• ill.. Yine—
JE 'a ' . PARKER,
C' C
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN
I, Jeffrey C. Parker, City Clerk and ex-officio Clerk of the City Council of the City of
Tustin, California, do hereby certify that the whole number of the members of the City
Council of the City of Tustin is five; that the above and foregoing Resolution No. 15-32
was duly passed and adopted at a regular meeting of the Tustin City Council, held on
the 16T day of June, 2015, by the following vote:
COUNCILPERSONS AYES: Puckett, Nielsen, Gomez, Murray, Bernstein (5)
COUNCILPERSONS NOES: None (0)
COUNCILPERSONS ABSTAINED: None (0)
COUNCILPERSONS ABSENT: None (0)
JEFF FPE C. PARKER,
City le
Resolution No. 15-32
Page 2 of 2
Exhibit A
City of Tustin
Appropriations Limits
Appropriations Limit for the Base Year Ending June 30, 1987: $14,249,831
(a) (b) (a)x(b)
Per Capita City/County Current
P.Income Population Calculation Cumulative Amended
Fiscal Year Change Change Factor Factor Limit
2002-03 0.9873 1.0143 1.0014 3.2053 $45,675,589
2003-04 1.0231 1.0124 1.0358 3.3201 $47,310,156
2004-05 1.0328 1.0090 1.0421 3.4598 $49,301,686
2005-06 1.0526 1.0113 1.0645 3.6829 $52,481,368
2006-07 1.0396 1.0163 1.0565 3.8912 $55,448,952
2007-08 1.0442 1.0110 1.0557 4.1079 $58,536,694
2008-09 1.0429 1.0258 1.0698 4.3946 $62,622,954
2009-10 1.0062 1.0147 1.0210 4.4869 $63,937,481
2010-11 0.9746 1.0139 0.9881 4.4337 $63,179,627
2011-12 1.0251 1.0039 1.0291 4.5627 $65,018,020
2012-13 1.0377 1.0105 1.0486 4.7845 $68,177,626
2013-14 1.0512 1.0178 1.0699 5.1189 $72,944,017
2014-15 0.9977 1.0037 1.0014 5.1261 $73,045,518
2015-16 1.0382 1.0160 1.0548 5.4070 $77,049,230
I
15-16 Factors as reported by the State Department of Finance
Per Capita Personal Income change over Prior Year: 3.82%
Population Change:
City of Tustin: 1.60%
Orange County: 1.08%
FY 2015-2016 Expenditure Limit: $77,049,230
FY 2015-2016 Proposed &F Budget: $54,332,700
Estimated (Over)/Under Limit: $22,716,530
I
Exhibit A
Resolution No.15-32