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HomeMy WebLinkAbout90-085 CC ResolutionRESOLUTION NO. 90-85 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA ESTABLISHING THE TEMPORARY APPROPRIATIONS LIMIT FOR FY1990-91 WHEREAS, 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; WHEREAS, 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 Temporary Appropriations Limit for FY1990-91 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 Exhibit "A" which is herein incorporated by reference and attached hereto. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TEMECULA DOES RESOLVE AS FOLLOWS: SECTION 1. The Temporary Appropriations Limit for the City of Temecula for FY1990o91 is $9,785,200. 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 AND ADOPTED this 14th day of August, 1990. Ronald J. Parks, Mayor A'ITEST: J~Greek, Deputy C~ty Clerk [SEAL] R¢so 90-85 12/11/95 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) CITY OF TEMECULA ) SS I, June S. Greek, Deputy City Clerk of the City of Temecula, HEREBY DO CERTIFY that the foregoing Resolution No. 90-85 was duly adopted at a regular meeting of the City Council of the City of Temecula on the 14th day of August, 1990, by the following roll call vote. AYES: 5 COUNCILMEMBERS: Birdsall, Lindermans, Mufioz, Moore, Parks NOES: 0 COUNCILMEMBERS: None ABSENT: 0 COUNCILMEMBERS: None Deputy City Clerk Re~o 90-85 12/11/95 EXHIBIT "A" CITY OF TEMECULA COMPUTATION OF APPROPRIATIONS LIMIT Base Appropriations Limit .............. $8,500,000 California Consumer Price Index Change** ......... 5.0% Population Change* (16.67 X 7/12) ............. 9.7% Cumulative Compound (1.05 X 1.097) ........... 15.12% FY 1990-91 APPROPRIATIONS LIMIT ........... $9,785,200 *SOURCE: County of Riverside, Planning Departments, Change in population for the unincorporated areas of the County. **SOURCE: State of California, Department of Industrial Relations. ITEM #8 Revised 8/13/90 SCHEDULE 1 CLASSIFICATION OF REVENUE SOURCES CALCULATION OF LIMIT MARGIN 1990-91 AND PROPERTY TAX OTHER TAXES Sales Tax Property transfer tax Franchise fees Transient occupancy tax Business license LICENSES & PERMITS FINES & FORFEITURES REVENUE FROM USE OF MONEY INTERGOVERNMENTAL Cigarette tax Motor vehicle in lieu State gas tax revenues County transportation NON-TAX PROCEEDS 276,072 4,124,716 33,000 423,081 871,554 TAX PROCEEDS 1,000,000 4,000,000 199,971 253,320 38,000 48,322 1,135,374 GRANTS OVERHEAD REIMBURSEMENT - CSD INVESTMENT INTEREST TOTAL APPROPRIATIONS SUBJECT TO LIMITATION GANN APPROPRIATIONS LIMIT MARGIN 50,000 198,244 14,800 25,200 $ 5,991,467 6,700,187 6,700,187 9,785,200 $ 3,085,013