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HomeMy WebLinkAbout88-554 - Resolutions RESOLUTION NO. 88-554 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, RE-ESTABLISHING THE BASE YEAR APPROPRIATION LIMIT AND EVERY FISCAL YEAR THEREAFTER, PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION WHEREAS, Article XIIIB of the State of California provides that the total annual appropriations subject to limitation of the State and of each local government shall not exceed the appropriations limit of such entity of government for the prior year adjusted for changes in the cost of living and population except as otherwise provided in said Article XIIIB; and WHEREAS, the Finance Manager directed an analysis be completed to insure the City's base year (1978-79) was calculated pursuant to Article XIIIB of the California State Constitution; and NOW, THEREFORE, the City Council of the City of Rancho Cucamonga, California, does hereby resolve, and determine that the base year for purposes of determining Article XIIIB requires re-establishment and each subsequent year be re-established as follows: BUDGET APPROPRIATIONS: TOTAL Total of all appropriations (1978-79 Rev. Budget) $5,790,989 Encumbrance Reserves (audit report) 422,841 Remove items not subject: Leas appropriate not subject to limit (1,777,682) Less Non-Proceeds of taxes (1,062,340) Less debt service appropriations 0 Add Excess User Fees 403,675 APPROPRIATIONS SUBJECT TO LIMITATION - BASE YEAR (1978-79) $ 3,777,483 Computation of 1979-80 Limit: CPI Increase 10.17% 384,1-70 Change in population +9.94% 413,668 1979-80 Appropriation Limit '4,575,3 21 Computation of 1980-81 Limit: Per capita Increase 12.11% 554,071 Change in population +12.70% 651,433 1980-81 Appropriations Limit 5,780,826 Resolution No. 88-554 Page 2 BUDGET APPROPRIATIONS: TOTAL Computation of 1981-82 Limit: Per capita Increase 9.12% 527,211 Change zn population +4.93% 310,986 1981-82 Appropriations Limit 6,619,023 Computation of 1982-83 Limit: CPI Increase 6.79% 449,432 Change mn population +4.29% 303,237 1982-83 Appropriation Limit 7,371,692 Computation of 1983-84 Limit: Per capita Increase 2.35% 173,235 Change zn population +2.00% 150,899 1983-84 Appropriation Limit ~,695,825 Computation of 1984-85 Limit: CPI Increase 4.74% .364,782 Change zn population +3.01% 242,624 1984-85 Appropriation Limit 8,303,231 Computation of 1985-86 Limit: CPI Increase 3.74% 310,541 Change mn population +6.20% 534,054 1985-86 Appropriation Limit 9,147,826 Computation of 1986-87 Limit: CPI Increase 2.30% 210,400 Change mn population +12.43% 1,163,227 1986-87 Appropriation Limit 10,5 21,453 Computation of 1987-88 Limit: CPI Increase 3.04% 319,852 Change xn population +9.00% 975,717 1987-88 Appropriation Limit 11,817,023 Computation of 1988-89 Limit: CPI Increase 3.93% 464,409 Change mn population +17.67% '2,170,129 1988-89 Appropriation Limit 14,451,561 Resolution No. 88-554 Page 3 PASSED, APPROVED, and ADOPTED this 7th day of September, 1988. AYES: Buquet, King, Wright NOES: None ABSENT: Brown, Stout Dennis L. Stout, Mayor ATTEST: Beverly/A. Authelet, City Clerk I, BEVERLY A. AUTHELET, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, California, at a regular meeting of said City Council held on the 7th day of September, 1988. Executed this 8th day of September, 1988 at Rancho Cucamonga, California. Beverly ~. Authelet, City Clerk