HomeMy WebLinkAbout92-49 CC ResolutionRESOLUTION NO. 92-49
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TEMECULA ESTABLISHING THE APPROPRIATIONS
LIMIT FOR FY 1992-93
~, the voters approved the Gann Spending-Limitation Initiative (Proposition 4)
on November 6, 1979, adding Article XIII B to the Constitution of the State of California to
establish and define annual appropriation limits on state and local governmental entities;
WItEREAS, SB 1352 provides for the implementation of Article XIII B by defining
various terms used in this article and prescribing procedures to be used in implementing specific
provisions of the article, including the establishment by resolution each year by the governing
body of each local jurisdiction of its appropriations limits;
WHEREAS, the required computations to determine the Appropriations Limit for
FY1992-93 have been performed by the Department of Finance and are on file with the Office
of the City Clerk, and available for public review;
WHEREAS, these computations are provided on the two pages of Schedule 1 and 2 which
is herein incorporated by reference and attached hereto.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TI~IECULA DOES
RESOLVE AS FOLLOWS:
SECTION 1. The Appropriations Limit for the City of Temecula for FY1992-93.
SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause
a certified resolution to be fried in the Office of the City Clerk.
PASSED AND ADOPTED this 9th day of June, 199,~~
Patricia H. Birdsall, Mayor
ATTEST:
[SEAL]
R¢so92-49 -1-
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE)
CITY OF TEMECULA )
$S
I BERERy CERTIFY that the foregoing Resolution was duly adopted by the City Council
of the City of Temecula at a regular meeting thereof, held on the 9th day of June, 1992 by the
following vote of the Council:
AYES:
5 COUNCILMEMBERS: Lindemans, Moore, Munoz, Parks, Birdsall
NOES:
0 COUNCILMEMBERS: None
ABSENT: 0 COUNCILMEMBERS: None
R¢sod92-48 -2-
Classification of Revenue Sources and
Calculation of Limit Margin
FY 1992-93
Schedule 1
Non-tax
Proceeds
Tax
Proceeds
Property tax
Sales and use tax
Property transfer tax
Transient occupancy tax
Business license fee
Franchise fees
Licenses & permits
Fines & fodeitures
Motor vehicle in lieu
Gas tax
Overhead reimbursement - TCSD
Overhead reimbursement- RDA
Overhead reimbursement - Capital Projects
Miscellaneous
Investment interest
629,451
2,823,797
54,000
555,138
227,704
75,000
261,274
10,000
110,280
1,1 77,20O
5,073,000
100,000
496,979
70,000
1,058,396
189,72O
Appropriations subject to limitation
before Prop. 111 exclusions
Prop. 111 exclusions:
Federal mandates (Medicare)
Qualified capital outlay
Appropriations subject to limitation
Gann limit
Margin
4,746,644
8,165,295
(38,988)
(451,091)
7,675,216
10,109,911 ·
$ 2,434,695
Classification of Revenue Sources and
Calculation of Revised Limit
Schedule 2
FY 1990-91 Revenues
Non-tax
Proceeds
Tax
Proceeds
Property tax
Sales and use tax
Cigarette tax
Property transfer tax
Transient occupancy tax
Gas tax
Franchise fees
Licenses & permits
Fines & forfeitures
Motor vehicle in lieu
Gas tax
Overhead reimbursement - TCSD
Miscellaneous
Investment interest
Appropriations subject to limitation
481,532
481,273
5,639,325
71,571
83,565
165,628
$ 6,922,894 $
9O7,405
4,552,891
46,070
82,454
411,706
96,321
1,073,785
1 75,874
7,346,506