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HomeMy WebLinkAbout91-063 CC ResolutionRESOLUTION NO. 91-63 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA ESTABLISHING THE TEMPORARY APPROPRIATIONS LIMIT FOR FY1991-92 WItEREAS, 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; VOIEREAS, the required computations to determine the Temporary Appropriations Limit for FY1991-92 have been performed by the Departmint of Finance and are on file with the Office of the City Clerk, and available for public review; WI~q~,EAS, 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: 92 SECTION 1. The Temporary Appropriations Limit for the City of Temecula for FY1991- 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 25th day of June, 1991. Ronald J. Parks, Mayor ATTEST: Jun~ City Clerk [SEAL] Reso 91-63 STATE OF CALIFORNIA) COUNTY OF RIVERSIDE) SS CITY OF TEMECULA ) I HEltEBy 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 25th day of June, 1991, by the following vote of the Council: AYES: 4 COUNCIL MEMBERS: Birdsall, Lindemans, Mufioz, Parks NOES: 0 COUNCIL MEMBERS: None ABSENT: 1 COUNCIL MEMBERS: Moore June ~4.~r. eek, City Clerk Reso 91-63 Classification of Revenue Sources and Calculation of Limit Margin FY 1991-92 Schedule 1 Non-tax Proceeds Tax Proceeds Property tax Other taxes Sales and use Property transfer Transient occupancy Business license Franchise fees Licenses and permits Fines & forfeitures Intergovernmental Cigarette tax Motor vehicle in lieu Gas tax County transportation Grants 452,822 3,394,40O 110,000 534,360 1,225,336 1,090,000 4,500,000 63,750 536,868 38,000 54,362 1,154,025 Overhead reimbursement Investment interest Appropriations subject to limitation before Prop. 111 exclusions Prop. 111 exclusions: Federal mandates Appropriations subject to limitation Temporary Gann Limit Margin 213,250 5,930,168 250,000 286,750 7,973,755 7,973,755 (46,448) 7,927,307 11,546,536 $ 3,619,229 EXHIBIT "A" CITY OF TEMECULA COMPUTATION OF TEMPORARY APPROPRIATIONS LIMIT FY 1990-91 Temporary Appropriations Limit ................ $9,785,200 California Consumer Price Index Changes ** ..................... 5.9% Population Change * .................................... 11.4% Cumulative Compound (1.059 X 1.114) ....................... 18.0% FY 1991-92 Temporary Appropriations Limit ............... $11,546,536 *Source: **Source: City of Temecula, Planning Department. State of California, Department of Industrial Relations.