HomeMy WebLinkAboutPH 5 APPROP. LIMIT 10-15-84PUBLIC HEARING
NO.. 5
DAT~:
September 12, 1984 Inter -Corn
~E. CEIVED
Wi 1 Ti am Hu~/t~n, City Manager CITy
MANAGER
Ronald A.~'~'~ Finance Director
Proposition ~ - Appropriation Limitation for Fiscal Year 1984-85
RECOMMENDATION
Adopt attached Resolution No; 84-73 setting the City of Tustin 1984-85
appropriation limit at $12,837,866.
BACKGROUND
Article X!IIB was added to the State Constitution as a result of the 11/79
general election. The intent of this constitutional amendment is to separate
governmental revenue between taxes and non-taxes, then limit the growth in tax
revenues to the increased cost of goods and services experienced by the general
population.
Section 7910 of the Government Code requires a public hearing prior to adopting
a resolution, setting the annual appropriation limit.
DECISION
Approximately May I of each year the Stat~ Department of Finance must provide us
with the price and population data for local jurisdiction. This years' price
factor uses the March to March Consumer Price Index growth of 4.74%. The growth
in the CPI for this period was less than the increase in per capita income.
The net population as of January 1, 1984 has been adjusted to 36,706 for.an adj-
usted annual growth of .44%'. The certified population of 84/85 is 40,270.
The attached worksheet illustrates the steps required to determine the appropri-
ations limit for 84/85. Net appropriations subject to limit are $12,837,866
leaving us with a positive variance of $1,523,846. The basis of these factors
is the adopted 84/85 budget.
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RESOLUTION NO. 84-73
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN,
DETERMINING AND ADOPTING AN APPROPRIATIONS LIMIT FOR THE
FISCAL YEAR 1984-85, 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 the State of
California at a general election held November 6, 1979; and
WHEREAS, an annual appropriation limit must be determined for this City
!ffective for the fiscal year beginning July 1984; and
IHEREAS, 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 1: In aocordance 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 1, 1984 is
$12,837,866.
Section 2: The appropriations limit shall not be exceeded in the
proposed 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 , 1984.
Ursula E. Kennedy, Mayor
ATTEST:
Mary E. Wynn, City Clerk
1984-85 APPROPRIATIONS LIMIT
AND
APPROPRIATIONS SUBJECT-TO LIMIT
1983-84
1984-85
Appropriations limit
Cumulative growth rate
Appropriations limit
$12,226,539
x 1.050
$12,837,866
APPROPRIATIONS SUBJECT TO LIMIT:
Total governmental appropriations
Add net increase to revenues
Less:
Non proceeds of tax
PERS unfunded liability
General obligation bonded debt
Total appropriatons subject to limit
Variance Over/(Under) Limit
$15,580,125
527,565
(4,577,970)
( 45,000)
( 170,700)
$11,314,020
(1,523,846)
PUBLIC NOTICE
Notice is hereby given that the City Council of tie City Of Tustin will hold a
public hearing commencing a~ 7:00 p.m. on October15, 1984 in the City Council
Chambers, 300 Centennial way, relative to determining and ad6pting an
appropriations limit for fiscal year 1984-85, in accordance with Article XIIIB of
the Constitution of the State of California, and Section 7910 of the Government
Code.
The appropriations limit for the fiscal year beginning July 1, 1984 is
$12,837,866. Detailed information is available for review in the Finance
Department at Tustin City Hall.
Anyone interested in the above hearing may appear and be heard at the time and
place noted above.
PUBLISH TUST1N NEWS:
September 27,.1984