Loading...
HomeMy WebLinkAboutCC RES 80-1436 8 9 10 11 12 14 15 16 18 19 20 21 24 26 ~8 ~0 RESOLUTION NO. 80-143 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, DETERMINING AND ADOPTING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1980-81: IN ACCORDANCE WITH ARTICLE XIIIB OF THE CONSTITUTION OF THE STATE OF CALIFORNIA, AND CHAPTER 1205 OF THE REVENUE AND TAXATION CODE SECTION 7910. WHEREAS, Article XIIIB was added to the Constitution of the State of California at a general election held on November 6, 1979.; and WHEREAS, an annual appropriation limit must be d. etermined for this City effective for the fiscal year beginning July 1, 1980; and WHEREAS, the appropriations limit must be adhered to in ~preparin.g~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- The City does not agree with the population count as certified by the State Department of Finance. Section 2: In accordance with Article XIIIB of the Cons%i~utloh- of the State of California, and Chapter 1205 of the Revenue and Taxation Code Section 7910,~_and as set forth in detail in the attached Exhibit "A" that the appropriations limit for the fiscal year beginning July 1, 1980, is $8,562,986. · Section 3- The appropriations limit shall not be exceede~ 'in the proposed budget nor by any proposed amend- ment to the budget. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin held on the 5th day of January , 1981. , Mayor ATTEST - MarY E .~y~n City Clerk Exhibit A COMPUTATION FOR THE OF APPROPRIATION LIMIT 1980~-81 FISCAL' YEAR Step Step Step · · · Analyze 1978-7:9 Estimated Revenues Total Governmental Fund Estimated Revenues Develop Proceeds of Tax, subtract non-proceeds Add Excess User Fees Subtract Debt Service Appropriations a) General Obligation Bonds b) Unfunded PERS liability as of 1-1-79 Proceeds of Tax $6,548 , 137 (1,140,041) (181,378) ( 12,964) $5,213,754 Step Step · · Determine a) 1978-79 Appropriations Subject .to Limit Total 78-79 Appropriations as Amended 1) Operations & Capital 2) Carry Over Capital Improvement Projects 3) Appropriated Reserves ($539,615 total, 83% proceeds) $7,532,040 179,735 447,880 b) Subtract: 1) Non-Proceeds 2) Debt Service Appropriation 3) PERS Unfunded Liability Base Year Appropriations Subject to Limit (1,140,041) ( 181,378) ( 12,964) 156,825,272 Calculate Appropriation Limit for fiscal 80-81 1) Base Year Adjusted by Cumulative $6,825,272 Growth Rate x. 1': ",2'546 1980' 81' Appropriations Limit $8,562,986 Sources of Information- Detail information from official accounting records and other governmental agencies, upon which these determinations are made, are available for public inspection in the office of the Director of Finance. 1) Based on increase in CPI/per capita personal income for January 1, 1978 thru January 1, 1980, compounded by growth in population for the same period of time. The City is in total disagreement with the population figures certified by the State Department of Finance, but, by law must use the figures as presented. STATE OF CALIFORNIA ) COUNTY OP ORANGE ) SS CITY OF TUSTIN ) MARY E. WYNN, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does 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. 80-143 was duly and regularly introduced, passed and adopted at a regular meeting of the City Council held on the 5th day of January, 1981 by the following vote: AYES : 'COUNCILPERSON~: Edgar, Hoesterey, Sharp, Kennedy NOES : COUNCILPERSONS: None ABSENT: COUNCILPERSONS: Saltarelli City of Tustin, Calif~nia