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HomeMy WebLinkAbout96-095 - ResolutionsRESOLUTION NO. 96-095 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA ESTABLISHING AN APPROPRIATION LIMIT PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION FOR FISCAL YEAR 1996-97 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 other wise provided in said Article XIIIB, and; WHEREAS, pursuant to said Article XIIIB of the Constitution of the State of California, the City Council of the City of Rancho Cucamonga deems it to be in the best interests of the City of Rancho Cucamonga to establish an appropriations limit for the Fiscal Year 1996-97, and; WHEREAS, the Finance Officer of the City of Rancho Cucamonga has determined that said appropriations limit for the Fiscal Year 1996-97 be established in the amount of $25,697,249. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve that an appropriation limit for the Fiscal Year 1996-97 pursuant to Article XIIIB of the Constitution of the State of California be established in the amount of $25,697,249 and the same is hereby established. BE IT FURTHER RESOLVED that said appropriations limit herein established may be changed as deemed necessary by resolution of the City Council. AYES: NOES: None ABSENT: None PASSED, APPROVED, AND ADOPTED this 13th day of June, 1996. Alexander, Biane, Curatalo, Gutierrez, Williams Resolution No. 96-095 Page 2 ATTEST: Debra J. Adams, GI~C, City Clerk I, DEBRA J. ADAMS, 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 an adjourned meeting of said City Council held on the 13th day of June, 1996. Executed this 17th day of June, 1996, at Rancho Cucamonga, California. Debra J. Adam MC City Clerk Resolution No. 96-095 Page 3 1996~97 GANN INITIATIVE APPROPRIATION LIMITS Base Appropriation Limit Total Appropriations (1978-79 Rev. Budget) Encumbrance Reserves (audit report) Less approp. not subject to limit Less Non-Proceeds of taxes Add Excess Fees Cost Base Appropriation Limit 1978-79 II. Cumulative Growth Rates Cumulative Growth Rates Since 1978-79 Fiscal Year: 1995-96 529.33% 1996-97 563.07% III. Appropriation Limits 3,777,483 6.2933 23,773,015 650,000 24,423,015 = 1995-96 Limit * X 5,790,989 422,841 (1,062,340) (1,777,682) 403,675 3,777,483 3,777,483 6.6307 25,047,249 650,000 25,697,249 = 1996-97 Limit * Appropriations Non-Tax Proceeds Sub-Total: Plus Excess Fee Cost APPROPRIATIONS SUBJECT TO LIMIT: 1995-96 Amended 52,762,830 (32,820,900) 19,941,930 0 19,941,930 * Per City/Fire District Transfer Of Funds Agreement As Approved June 8, 1995. 1996-97 Budgeted 53,151,630 (33,184,560) 19,967,070 0 19,967,070 1996~97 CITY OF RANCHO CUCAMONGA SCHEDULE TO CATEGORIZE REVENUE SUBJECT TO GANN INITIATIVE Actual Proceeds From Taxes Sales and Use Tax Cigarette Tax Business License Real Property Transfer Tax Property Tax Homeowner's prop. tax relief Transient Occupancy Tax Admissions Tax Unitary Tax Utility Users Fee Motor Vehicle In-Lieu Trailer Coach Fees Off Highway License Fees Highway Carriers Alcoholic Beverage Fees Interest Earnings on Tax Proceeds Revenue from - Agencies SB 154 Bail-Out funds P/Y Fund Balance (Note 1) Used to balance budget Amended Per Audit Budget 1978/79 1995196 1,087,787 8,600,000 106,857 0 173,027 800,000 136,437 215,000 203,800 1,536,630 0 22,000 0 110,000 0 0 0 100,000 0 5,752,450 584,301 4,000,000 0 0 649 1,500 5,853 0 13,476 0 63,131 212,730 26,517 0 214,000 0 Resolution No. 96-095 Page 4 Estimated Budget 1996197 8,513,000 0 825,000 225,000 1,542,650 32,000 110,000 0 100,000 5,318,550 4,200,000 0 1,500 0 0 212,220 0 0 335,131 0 0 Tax Proceeds 2,950,967 21,350,310 21,079,920 Non-Tax Proceeds 2,840,022 32,820,900 33,184,560 Total Revenue 5,790,989 54,171,210 54,264,480 Note 1: This total was allocated on a ratio as categories bear to total revenue due to prior year data not available as the City incorporated on 11/77.