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HomeMy WebLinkAbout93-140 - ResolutionsRESOLUTION NO. 93-140 A RESOI/3TION OF THE CITY COUNCIL OF THE CITY OF RANCHO PURS[IANT TO ARTICLE XIIIB OF THE CALIFORNIA STATE OONSTITUTION FOR FISCAL YEAR 1993-94 WHEREAS, Article XIIIB of the State of California provides that the total annual appropriations subject to limitation of the State and of each local gove~-~m~nt 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, pursuant to said Article XIIIB of the Constitution of the State of California, the City Council of the City of Rancho Cucamonga deenms it tobe inthebest interests of the City of Rancho Cucamongatoestablishan appropriations limit for the Fiscal Year 1993-94, and; WKSREAS, the Finance Officer of the City of Rancho Cucamonga has determined that said appropriations limit for the Fiscal Year 1993-94 be established in the amount of $21,717,372. NOW THEREFORE, the city Council of the City of Rancho Cucamonga does hereby resolve that an appropriation limit for the Fiscal year 1993-94 pursuant to Article XIIIB of the Constitution of the State of California be estsblished in the an~untof $21,717,372 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. PASSSD, APPROVED, and ADOPTED this 17th day of June, 1993. Alexander, Buquet, Gutierrez, Williams NOES: None ABSENT: Stout Mayor Pro-Tern Resolution No. 93-140 Page 2 I, DEBRA J. ADAMS, CITY CLRRK 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 17th day of June, 1993. Executed this 18th day of June, 1993, at Rancho Cucamonga, California. Debra J. Ad~, City Clerk Resolution No. 93-140 Page 3 1993/94 GANN INITIATIVE APPROPRIATION LIMITS Baee Appropriation Urnit Total Appropdatione (1978-79 Rev. Buclget) Encumbrance Reeerves (audit report) Less approp. not aubject to limit Less Non-Prooeed~ of taxes Add Exoess Foo~ Cost Base Appropriation Limit 1978-79 5,790,989 422,841 (1,062,340) 4O3,675 II. Cumulative Growth Rates Cumulative Growth Rates Since 1978-79 Fiscal Year: 1992-93 446.86% 1993-94 474.92~ III. Appropri=tion Umits X 3,777,483 5.4686 20,657,635 = 1992-93 Urnit 3,777,483 5.7492 21,717,372 = 1993-94 Lim~ Approprtmions N(m-Tax Proceeds Sub-Total: Plus Excess Fee Cost APPROPRIATIONS SUBJECT TO LIMIT: 1992-93 Projected 46,571,980 (32,663,790) 14,008,190 12,260 14,020,450 1993-94 Budgeted 53,987,490 (37,702,390) 16,265,100 9,270 16,294,370 Resolution No. 93-140 Page 4 19o3/94 CITY OF RANCHO CUCAMONGA SCHEDULE TO CATEGORIZE REVENUE SUBJECT TO GANN INITIATIVE Actual Procaeda From Taxel Salee and U~e Tax Cigarette Tax Buaineu UcenM Real Prope~ly Tranefar Tax Property Tax Homeowner'e prop. tax relief Trenalant Occupancy Tax Admiealone Tax Unitary Tax Utility U~ere Fee Motor Vehicle ln-Ueu Trailer Coach Feee Off Highway Lioen~e Fooe Highway Carriem Aloehollo Beverage Feee Interee! Eeminge on Tax Proceeds Revenue from - AganciM SB 154 Bali-Out funds P/Y Fund Balance (Note 1) U~ed to balance budget Per Audit Eitimited 1978/79 1992/93 1,087,787 6,500,000 106,857 11,760 173,027 775,000 136,437 200,000 203,800 2,334,490 0 19,600 0 8,000 0 1,450 0 0 0 0 · 564,301 4,000,000 0 0 649 2,250 5,853 0 13,476 0 63,131 158,540 26,517 0 214,000 0 Budgeted 1993/94 6,953,040 0 781,530 1,582,670 19,600 8,000 3,000 0 Z500,000 4,036,000 0 2,250 0 0 199,010 0 0 335,131 0 0 Tax Prooaed~ 2,950,967 14,008,190 16,265,100 Non-Tax Pratcede 2,840,022 32,563,790 37,702,390 Total Revenue 5,790,989 46,571,980 53,987,490 NOt~ 1: Thee total w# allocated on · ratio as categoriee beer to total revenue due to pdor year date not available M the City inoorporated on 11/77. 'iF]F'T111~I]111~- J i III, ,111qrl"l!l'lt~ltll~ 'r '::