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HomeMy WebLinkAboutCC 8 APPROP LIMIT 89-90 03-5-90�G��ipR3_5_90 DATE: TO: FROM: SUBJECT: FEBRUARY 27, 1990 CONSENT; CALENDAR NO. 8 3-5-90 Inter - Com WILLIAM USTON, CITY MANAGER RONALD CTOR OF FINANCE RESOLUTIO 90-36 ADOPTING APPROPRIATIONS LIMIT FOR FISCAL 1989-90. RECOMMENDATION: Adopt Resolution 90-36 setting the appropriations limit for fiscal 1989-90 at $17,432,388. DISCUSSION; We are required by law, as a result of the Gann Initiative or Proposition 5, to annually adopt a limit on appropriations for governmental funds. The basis of this limitation is the relationship between proceeds of tax and total appropriations. The base year was 1978-79, and limits are allowed to grow based on the annual increased population and U.S. CPI/California per Capita Personal Income, whichever is less. Exhibit A shows the calculation of the 1989-90 appropriation limit and extrapolates the variance between this limit and our appropriations. At this time we are below our limit by $2.8 million. The cumulative growth factors this year, as provided by the State Department of Finance, were a certified population of 46,782, an increase of,2.38 percent, and the U.S. Consumer Price Index of 4.38 percent. RAN: IH: ls Attachments a:aproptin.lmt 11 2 411 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION 90-36 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, DETERMINING AND ADOPTING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1989-901 IN ACCORDANCE WITH ARTICLE XIIIB 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 XIIIB was added to the Constitution of :he State of California at a general election held November i, 1979; and WHEREAS, an annual appropriation limit must be determined for this City effective for the fiscal year beginning July, 1989; and WHEREAS, the appropriations 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 I: In accordance with Article XIIIB 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 appropriations limit for the fiscal year beginning July, 1989 is $17,432,388. Section 2: The appropriations limit shall not be exceeded in the adopted budget nor 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 day of , 1990. ATTEST: Mary wynn, uizy c:lerx la:resolutn.lmt Richard Edgar, Mayor Exhibit A City of Tustin Annual Appropriations Limit Resolution 90-36 1989-90 Appropriations Limit And 1989-90 Appropriations Subject To Limit 1989-90 APPROPRIATIONS LIMIT: 1988-89 Appropriations Limit $16,219,192 1989-90 Cum Growth Rate 1.0748 -------------- 1989-90 Appropriations Limit $17,432,388 1989-90 APPROPRIATIONS SUBJECT TO LIMIT: Total Governmental Appropriations $39,143,965 Less: Non Proceeds of Tax ($19,638,214) PERS Unfunded Liability $0 General Obligation Bonded Debt ($79,680) Use of Prior Years Reserves ($4,846,009) -------------- Net Appropriations Subject to Limit $14,580,062 1989-90 Appropriations Limit $17,432,388 -------------- Variance Over/(under) 1989-90 Limit ($2,852,326) -------------- -------------- Revenue Source ------------------------- (A)Taxes (B)License/Permits (C)Fines/Forfeitures (D)Revenue from Other Agencies (E)Charges for Services (F)Revenue from Use of Property Exhibit B City of Tustin Annual Appropriations Limit 1989-90 Proceeds of Tax Computation Sub -Total (G)Use of Money $620,000 Total TOTAL FUNDS AVAILABLE SUBJECT TO THE LIMIT Proceeds Non -Proceeds of Taxes of Taxes -------------------------- $14,251,000 $343,000 $590,000 $1,896,200 $14,955,260 $3,700,279 $10,000 $58,400 ------------ -------------- $16,500,200 $19,303,939 $285,725 $334,275 ------------ -------------- $16,785,925 $19,638,214 $36,424,139 -------------- -------------- 1989-90 ANALYSIS OF REVENUES FOR THE GANN LIMIT PROCEEDS NON -PROCEEDS DESCRIPTION OF TAX OF TAX ------------------------------------------------------- (A)TAXES -------------------- PROPERTY TAX: GEN FUND $3,048,000 CIV CTR $91,000 FRANCHISE FEES: $543,000 SALES TAX: $7,700,000 TRANSIENT LODG: $105,000 BUSINESS LIC: $210,000 NEW CONST. TAX: $28,000 BLDG PERMIT-E.TUS: $1,380,000 NEW CONST.-E.TUS: $565,000 REAL PROP.TRANS: $195,000 TUS.ST.LT DIST: $386,000 TOTAL TAXES $14,251,000 (B)LIC/PERMITS -------------------- LIC/PERMITS-GF: $343,000 $0 -------------- (C)FINES&FORFEITURES -------------------- FINES etc. -GF: 0 $5900000 (D)REVENUE FROM OTHER AGENCIES GENERAL FUND: MOTOR VEH.IN-LIEU $1,642,000 HOME PROP TX REL. $75,000 TRAILER COACH $12,000 CIGARETTE TX $165,000 OFF HIGHWAY VEH $800 POST REIMB $60,303 SR. CTR GRANT $81,478 H.0 D A. $194,900 ST. GRANT -DUI $183,000 SB 174 -PARKS $170,893 ASSET FORFEITURE $91,523 STATE MANDATE SB90 $6,000 GAS TAX FUND: $14,167,163 CIV CTR BONDS: HOME PROP TX REL. $1,400 -------------- TOTAL REV FR OTHER AGN ------------ $1,896,200 $14,955,260 PROCEEDS NON -PROCEEDS DESCRIPTION OF TAX OF TAX ------------------------------------------------------- (E)CHARGES FOR SERVICES GENERAL FUND: $0 PLAN CK FEES-E.T. $360,000 ACCTS 4440-4459 $814,279 CONTRIBUTION -NG $0 EL CAMINO-UNDGRND $5,000 SEWER CONST FUND $5,000 LANDSCAPE/LIGHTING $97,000 PERS CREDIT $1,000,000 DEVELOPER SHARE $1,400,000 LIBRARY MAINT. $19,000 TOTAL CHARGES FOR SERVICES $0 $3,700,279 (F)REVENUE FROM USE CIVIC CTR BONDS $20,000 OF PROPERTY $55,000 HEALTH BENEFITS -------------------- GENERAL FUND: $620,000 -------------- -------------- FACILITY RENTAL $30,000 FIRE STATION RENT $26,000 PARK RENTAL $2,400 SALE-UNCL PROP $10,000 -------------- TOTAL REV FR USE OF PROP ------------ $10,000 $58,400 TOTAL REVENUES $16,500,200 $190303,939 REVENUE FROM USE OF MONEY -------------------- GENERAL FUND $500,000 PARK DEV FUND $5,000 CIVIC CTR BONDS $20,000 W/COMP $55,000 HEALTH BENEFITS $40,000 -------------- $620,000 -------------- --------------