HomeMy WebLinkAbout96-090 CC Resolution RESOLUTION NO. 96-90
A RESOLUTION OF THE CITY COUNCH, OF THE CITY
OF TEM[ECULA ESTABLISHING THE APPROPRIATIONS
LBUT FOR FY 1996-97
THE CITY COUNCIL OF THE CITY OF TEMECULA DOES RESOLVE,
DETERMINE AND ORDER AS FOLLOWS:
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 Appropriations Limit for
FY1996-97 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 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 Appropriations Limit for the City of Temecula for FY1996-97.
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.
Resos\96-90
PASSED, APPROVED AND ADOPTED, this 9th day of July, 1996.
F.Lindemans, Mayor
ATTEST:
June @eek, CMC, City Clerk
[SEAL]
ST,A.TE OF CAI JFORNIA)
COUNTY OF RIVERSIDE) SS
CITY OF TEMECULA)
I, June S. Greek, City Clerk of the City of Temecula, hereby do certify that the
foregoing Resolution No. 96-90 was duly adopted at a regular meeting of the City Council of
the City of Temecula on the 9th day of July, 1996 by the following roll call vote:
AYES: 4 COUNCILMEMBERS: Birdsall, Ford, Roberts,
Lindemans
NOES: 0 COUNCILMEMBERS: None
ABSENT: 1 COUNCILMEMBERS: Stone
U-4une S. Greek, CMC, City Clerk
Resos\96-90 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 Limit $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. 1 049 x 1.0472) 15.71%
FY 1995-96 Appropriations Limit $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. 1 707) 24.73%
FY 1996-97 Appropriations Limit $21,352,109
*Source:State of California Department of Finance
'*Source: HdL Coren & Cone