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HomeMy WebLinkAbout97-072 - ResolutionsRESOLUTION NO. 97-072 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA ESTABLISHING AN APPROPRIATIONS LIMIT PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION FOR FISCAL YEAR 1997-98 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 XlIIB, 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 1997-98, and; WHEREAS, the Finance Officer of the City of Rancho Cucamonga has determined that said appropriations limit for the Fiscal Year 1997-98 be established in the amount of $26,500,709. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve that an appropriation limit for the Fiscal Year 1997-98 pursuant to Article XIIIB of the Constitution of the State of California be established in the amount of $26,500,709 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. PASSED, APPROVED, AND ADOPTED this 18th day of June, 1997. Alexander, Biane, Curatalo, Williams AYES: NOES: None ABSENT: Gutierrez ABTAINED: None William J. Ale~~nde;, Mayor Resolution No. 97-072 Page 2 ATTEST: ~bra~(~Mc, 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 a regular meeting of said City Council held on the 18th day of June, 1997. Executed this 19th day of June, 1997, at Rancho Cucamonga, California. Debra J. Ada ,~cMc, City clerk - 1997/98 GANN INITIATIVE APPROPRIATION LIMITS Resolution No. 97-072 Page 3 II. 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 Cumulative Growth Rates Cumulative Growth Rates Since 1978-79 Fiscal Year: 1996-97 568.65% 1997-98 601.54% III. Appropriation Limits 3,777,483 6.6865 25,258,014 = 1996-97 Limit 5,790,989 422,841 (1,062,340) (1,777,682) 403,675 3,777,483 3,777,483 7.0154 26,500,709 = 1997-98 Limit Appropriations Non-Tax Proceeds Sub-Totah Plus Excess Fee Cost APPROPRIATIONS SUBJECT TO LIMIT: 1996-97 Amended 52,411,900 (33,608,730) 18,803,170 0 18,803,170 * Per City/Fire District Transfer Of Funds Agreement As Approved June 8, 1995. 1997-98 TemporaryBudget 36,117,120 (33,608,730) 2,508,390 0 2,508,390 1997~98 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 1996197 1,087,787 9,200,000 106,857 0 173,027 840,000 136,437 225,000 203,800 1,619,000 0 55,000 0 120,000 0 0 0 0 0 6,000,000 584,301 4,600,000 0 0 649 1,850 5,853 0 13,476 0 63,131 1,180,110 26,517 0 214,000 0 Resolution No. 97-072 Page 4 Temporary Budget 1997/98 9,200,000 0 840,000 225,000 1,619,000 55,000 120,000 0 0 6,000,000 4,600,000 0 1,850 0 0 1,180,110 0 0 335,131 0 0 Tax Proceeds 2,950,967 23,840,960 23,840,960 Non-Tax Proceeds 2,840,022 33,608,730 33,608,730 Total Revenue 5,790,989 57,449,690 57,449,690 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.