HomeMy WebLinkAboutCC Reso No 1996-31RESOLUTION NO. - .~36-31
A RESOLUTION OP TI~ CITY COUNCII, OF Tf~ CITY OF LAKE
ELSINORE, CALIFORNIA, ESTABLISHING THE APPROPRIATIONS
LIMIT FOR FISCAL YEAR 1996-97 FOR TfiE CTTY OF LAKE
ELSINORE IN. ACCORDANCE WITH Ti-~ PROVISIONS OF DIVISION
9 OF TITLE OF THE CALIFORNiA GOVERNMENT CODE.
WHEREAS Article XIII B of the Constitution of the State of Califomia as proposed
by the Initiative Measure approved by the people at the special statewide election held on
November 6, 1979 and amended in 7une, 1990 by the people of the State of California
(Proposition 111), provides that the total annual appropriations subject to ]imitations of each
local govemment 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 Section 7910 of the Govemment Code provides that each year the
goveming body of each local jurisdiction shali, by resolution, establish its appropriations limit for
the following fiscal year pursuant to Article 7~II B at a regulazly scheduled meeting or a noticed
speciai meeting and that fifteen days prior to such meeting, documentation used in the
determination of the appropriations limit shall be available to the public; and
WfiEREAS Proposition 111 as approved by the voters of the State of California,
requires a recorded vote of the City councif 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-~esidential assessed valuation was not available from the County Assessor's
office; and
WHEREAS Section 7902(a) of the Govemment Code sets, forth the method of
deternuning the appropriations limit for each local jurisdiction for the 1996-97 fiscal yeaz; and
WHEREAS the City Council of the City of Lake Elsinore wishes to establish the
appropriations limit for fiscal year 1996-97 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 deternvned that the documentation used in the
determination of the appropriations limit for the City of Lake Elsinore for fisca] year 1996-97 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 1996-97 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 Califomia Government Code is $19,374,973.
ADOPTED by the City Council and signed by the Mayor and attested by the City
Approved as to Legal Form:
Wd~`" I~
City Attorney
UPON THE FOLLOWING VOTE:
AYES: COUNCILMEMAERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
AASTAIN: COUNCILMEMBERS:
ALONGI, BRINLEY, KELLEY, METZE, PAPE
NONE
NONE
NONE
1996-97 Total City Appropriation Subject
To Article XIIIB $ 8,095,100
Less: Non-Proceeds of Taxes 3,131,980
1996-97 Appropriations Subject to Limitation $ 4,963,120
APPROPRIATION LIMIT COMPUTATION
1995-96 Appropriations Limit $ 17,750,777
Add 1996-97 Adjustment:
California Per Capita Personal Income (4.67%) g28'962
$ 18,579,739
State Department of Finance Population Growth
Percentage for Lake Elsinore (4.28%) 795_213
25,618 @ 1/1/96
', 1996-97 Appropriation Limit $ 19,374,952
Since the City's 1996-97 appropriation limit is $19,374,952 and the actual appropriations for this
Fiscal Year which are subject to the Proposition 4 limit are only $4,963,120, the Proposition 4
limit has no impact on the City.
AGENDA ITEM N0.
PAGE__J_. ~
STATE OF CALIFOItNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE,
CALIFOItNIA, DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the City
Council of the City of Lake Elsinore at a regulaz meeting of said Council on the 25th day of June,
1996, and that it was so adopted by the following vote:
AYE5: COUNCILMEMBERS: ALONGI, BRINLEY, KELLEY,
METZE, PAPE
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
~
~ ° r1 , ~
~l~'
4TCHI KASAIY; ~1TY CLERK
~:'~i Y OF I~~LKE ELSINORE
(SEAY:)
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE)
I, VICKI KASAD, CITY CLERK OF TIlE CITY OF LAKE ELSINORE, DO
HEREBY CERTIFY that the above and foregoing is a fixll, true and correct copy of Resolution
No. 96-31 of said Council, and that the same has not been amended or repealed.
DAT~: July 2, 1996
~ ~~~~~'~'`~ \
VI KI'~ZPiSAD, <^.ITY CLERK
CITY t)F LtiKE ELSINORE
(SEA.,L)