HomeMy WebLinkAbout00-050 CC ResolutionRESOLUTION NO. 2000-50
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TEMECULA ESTABLISHING THE APPROPRIATIONS LIMIT FOR
FY 2000-0t
WHEREAS, the voters appmved 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;
WHEREAS, SB 1352 provides for the implementation of Article XIII B by defining various
terms used in this adicle and prescribing procedures to be used in implementing specific provisions
of the adicle, 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 FY 2000-01
hav~ been performed by the Finance Department and are on file with the office of the City Clerk, and
available for public review;
WHEREAS, these computations are provided on Exhibit "A" which is herein incorporated by
reference and attached hereto;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Temecula as
follows:
Section 1. The Appropriations Limit for the City of Temecula for FY 2000-01 is hereby
adopted.
Section 2. The City Clerk shall certify to the adoption of this resolution and shall cause a
certified resolution to be filed in the office of the City Clerk.
PASSED, APPROVED AND ADOPTED this 27m day of June, 2000.
AI'I'EST:
[SEAL]
Resos/2000-50 I
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) SS
CITY OF TEMECULA)
I, Susan W. Jones, CMC, City Clerk of the City of Temecula, do hereby certify that the
foregoing Resolution No. 2000-50 was duly and regularly adopted by the City Council of the City of
Temecula at a regular meeting thereof held on the 27th day of June, 2000, by the following vote of
the City Council:
AYES: 5
NOES: 0 COUNCILMEMBERS: None
ABSENT: 0 COUNCILMEMBERS: None
COUNCILMEMBERS: Comerchero, Naggar, Pratt, Roberts, Stone
Resos/2000-50 2
EXHIBIT "A"
CITY OF TEMECULA
COMPUTATION OF GANN AppROPRIATIONS LIMIT
FY 1992-93 Appropriations Limit ..............................................................$10,109,911
FY 1993-94 Population Change' ........................................................................8.25%
FY 1993-94 Per Capita Personal Income Change' ................................................2.72%
Cumulative Compound (1.0825 x 1.0272) .........................................................11.19%
FY 1993-94 Appropriations Umit .............................................................. $11,241,655
FY 1994-95 Population Change ' ..........................................................................8.15 %
FY 1994-95 Increase in Non-Residential Assessed Valuation ' * ................................21.7 %
Cumulative Compound (1.0815 x 1.2170) ...........................................................31.61%
FY 1994-95 Appropriations Limit ................................................................$14,796,098
FY 1995-96 City Population Change' .................................................................10.49%
FY 1995-96 Per Capita Personal Income Change' ..................................................4.72%
Cumulative Compound (1.1049 x 1.0472) ...........................................................15.71%
FY 1995-96 Appropriations Umit ................................................................$17, 119, 161
FY 1996-97 City Population Change' ...................................................................6.54%
FY 1996-97 Increase in Non-Residential Assessed Valuation*' .............................. 17.07%
Cumulative Compound (1.0654 x 1.1707) ...........................................................24.73%
FY 1996-97 Appropriations Limit ................................................................$21,352,109
FY 1997-98 City Population Change* ................................. 3.01%
FY 1997-98 Per Capita Personal Income Change' .................. ....... 4.67%
Cumulative Compound (1.0301 x 1.0467) .............................. 7.82%
F Y 1997-98 Appropriation Umit ................................ $23,021,965
FY 1998-99 City Population Change' ................................. 6.41%
FY 1998-99 Per Capita Personal Income Change' ......................... 4.15%
Cumulative Compound (1.0641 x 1.0415) .............................. 10.83%
FY 1998-99 Appropriation Limit ................................. $25,514,326
EXHIBIT "A"
CITY OF TEMECULA
COMPUTATION OF GANN AppROPRIATIONS LIMIT
FY 1999-00 City Population Change* .................................. 4.88%
FY 1999-00 Increase in Non-Residential Assessed Valuation * * ................... 7.92%
Cumulative Compound (1.0488 x 1.0792) .............................. 13.19%
FY 1999-00 Appropriation Limit ................................. $28,878,773
FY 2000-01 City Population Change* .................................. 9.55%
FY 2000-01 Increase in Non-Residential Assessed Valuation** ................... 7.73%
Cumulative Compound (1.0955 x 1.0773) .............................. 18.02%
FY 2000-01 Appropriation Umit ................................. $34,082,212
* Source: State of California Department of Finance
· * Source: HdL Coren & Cone