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HomeMy WebLinkAboutCC Reso No 1996-30RESOLUTION NO. 96-30 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 1995-96 FOR THE CITY OF LAKE ELSINORE IN ACCORDANCE WITH THE PROVISIONS OF DIVISION 9 OF TITLE 1 OF THE CALIFORNIA GOVERNMENT CODE. WHEREAS Article XIII B of the Constitution of the State of California as proposed by the Initiative Measure approved by the people at the special statewide election held on November 6, 1979 and amended in June, 1990 by the people of the State of California (Proposition ill), provides that the total annual appropriations subject to limitations of each local government shall not exceed the appropriations limit of such entity for the prior year adjusted for changes in the cost of living and population except as otherwise specifically provided for in said Article; and WHEREAS the State Legislature added Division 9(commencing with Section 7900) to Title 1 of the Government Code of the State of California to implement Article XIII B of the California Constitution; and WHEREAS Section 7910 of the Government Code provides that each year the governing body of each local jurisdiction shall, by resolution, establish its appropriations limit for the following fiscal year pursuant to Article XIII B at a regularly scheduled aeeting or a noticed special meeting and that fifteen days prior to such meeting, documentation used in the determination of : appropriations limit shall be available to the public; and WHEREAS Proposition 111 as approved by the voters of the State of California, requires a recorded vote of the City Council regarding which of the annual adjustment factors have been selected each year; and WHEREAS at the time of adoption of this resolution, data necessary to calculate the increase in the non-residential assessed valuation was not available from the County Assessor's office; and WHEREAS Section 7902(a) of the Government Code sets forth the method for determining the appropriations limit for each local jurisdiction for the 1995-96 fiscal year; and WHEREAS the City Council of the City of Lake Elsinore wishes to establish the appropriations limit for fiscal year 1995-96 for the City of Lake Elsinore. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lake Elsinore, California, as follows: Section 1: That it is hereby found and determined that the documentation used in the determination of the appropriations limit for the City of Lake Elsinore for fiscal year 1995-96 was available to the public in the Finance Department of said City at least fifteen days prior to this date. Section 2: That the growth in California Per Capita Income and City Population were selected for the 1995-96 fiscal year. Section 3: That there may be a need to amend the inflation factor selected and adjust the appropriations limit once the non- residential assessed valuation data becomes available from the County Assessor's office. Section 4: That the appropriations limit for the City of Lake Elsinore as established in accordance with Section 7902(a) of the California Government Code is $17,750,777. ADOPTED by the City Council and signed by t~he Mayor and attested by the City Clerk this z5th day of June, 1 May,br of the C~f'ity of Lake % A'' est: ~ ~ ~n~~ City Clerk of the City of Lake Elsinore ~pnroved as to Legal Form: W,V1~- ~ City Attorney UPON THE FOLLOWING VOTE: AYES: COUNCILMEMBERS: ALONGI, BRINLEY, KELLEY, METZE, PAPE NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE - ABSTAIN: COUNCILMEMBERS: NONE F/Y 1995-96 APPROPRIATIONS LIMIT 1995-96 Total City Appropriation Subject To Article XIIIB $ 10,893,700 Less: Non-Proceeds of Taxes 6,018,020 1995-96 Appropriations Subject to Limitation $ 4,875,680 APPROPRIATION LIMIT COA7P TATION 1994-95 Appropriations Limit $ 16,231,656 Add 1995-96 Adjustment: Califomia Per Capita Personal Income (4.72%) 766_ 134 $ 16,997,790 State Department of Finance Population Growth Percentage for Lake Elsinore (4.43%) 753 002 25,264 @ I/1/95 1995-96 Appropriation Limit $ 17,750,777 Since the City's 1995-96 appropriation limit is $17,750,777 and the actual appropriations for this Fisca] Year which are subject to the Proposition 4 limit are only $4,875,680, the Proposition 4 limit has no impact on the City. STATE OF CALIFORIVIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE, CALIFORNIA, DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the City Council of the City of Lake Elsinore at a regular meeting of said Council on the 25th day of 7une, 1996, and that it was so adopted by the following vote: AYES: COUNCLLMEMBERS: ALONGI, BRINLEY, KELLEY, METZE, PAPE NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: ABSTAIN: COUNCILMEMBERS: ~ C~~ ~ VICHI 3[~.45AD, CITY CLERK .^.ITI'Y OF L~KE IELSINORE (5~~.} NONE NONE NONE STATE OF CALIFOItNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE) I, VICHI KASAD, CITY CLERK OF TI~ CITY OF LAKE ELSINORE, DO E3EREBY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution No. 96-30 of said Council, and that the same has not been amended or repealed. ` 7uly 2, 1996 - n _ ~/ ~ITY-apk' LA~E ELSINORE (~EAL)