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RES-9867 Adopting Appropriations Limit FY 2004-05RESOLUTION NO. 9867 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE ADOPTING THE APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2004- 05.WHEREAS, the voters of California on November 6, 1979, added Article XIIIB to the State Constitution placing various limitations on the appropriations of the state and local governments; and WHEREAS, Article XIIIB was amended by Proposition 111 and SB88 to provide for the calculation of the appropriations limit for Fiscal Years beginning with 1990-91 using, at the City's election, the City's own population growth or the population growth of the County, and the growth in California per capita income or the growth in non-residential assessed valuation due to new construction.WHEREAS, data necessary to calculate the growth in the non-residential assessed value was not available from the County Assessor and the City may need to adjust the limit on appropriations once the data is available,WHEREAS, the information and the elections made as set forth above are necessary for making these adjustments and are attached as Exhibit A; and WHEREAS, the City of Orange, to the best of its knowledge, has complied with all the provisions of Article XIIIB in determining the appropriation limit for Fiscal Year 2004-05,NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange that the Appropriations Limit in Fiscal Year 2004-05 shall be $104, 705,665 and the City'sappropriations subject to limitation are $54,404,737.ADOPTED this 8th day of JUlle, 2004, ATTEST: tt(<1<~ C{~~ Mary E, M h'tity Clerk, Ity !):lrange I, MARY E. MURPHY, City Clerk of the City of Orange, California, do hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of Orange at a regular meeting thereof held on the 8th day of June, 2004, AYES: NOES: ABSENT: ABSTAIN: COUNCILMEMBERS: Ambriz, Alvarez, Murphy, Coontz, Cavecche COUNCILMEMBERS: None COUNCILMEMBERS: None COUNCILMEMBERS: None M~~~'~~ EXHIBIT A 2004-05 APPROPRIATIONS LIMIT UNDER ARTICLE XIIIB 2004-05 APPROPRIATION LIMIT IS CALCULATED AS FOLLOWS:99-00 00- 01 01-02 02-03 03-04 ..."POPULATION GROWTH 1.0177 1.0156 1. 0122 1.0206 1.0165 1.0164 CHANGE IN PER CAPITA INCOME 1.0453 1.0491 1. 0782 0.9873 1.0231 1.0328 TOTAL ADJUSTMENT 1.0638 1.0655 1.0913 1.0076 1.0400 ].0497 LAST YEAR'S LIMIT 76,378,634 81,356,654 86,791,079 94,822, 431 95,660,758 99,609,285 CURRENT YEAR'S LIMIT 81,251,729 86,682,746 94,716,987 95,546, 721 99, 485,385 104,563, 644 OTHER ADJUSTMENTS:ASSUMED RESPONSIBILITY:BOOKING FEES PROP TAX ADMIN CHG 104,925 108,333 105, 444 114,037 123,900 142,021 ADJ. CURRENT YR. LIMIT 81,356,654 86,791,079 94,822,431 95,660, 758 99,609,285 104,705,665 The following information was provided by the State Department of Finance in order to calculate the Appropriation Limit for 2004-05:Greater of City Population County Population Fiscal Year Date Population Changes 99- 00 01-01-98 125,617 2,722. 075 1.77%01,01.99 127,603 2, 770.310 00-D1 01-D1- 99 128,197 2,782,124 1.56%01- 01-00 129.399 2,825, 437 01-02 01-01-00 130,009 2, 864,827 2.17%01-01- 01 132,826 2,922,837 02-03 01-01-01 130,825 2,878,578 2. 06%01-01-02 132,947 2.937,958 03-04 01,01,02 132, 601 2,928,793 1.65%01- 01-03 134,523 2,977,151 04-05 01-01-03 134,4972,973,732 1.64% 01-01-04 136,701 3,017, 298 Percentage Changes in Per Capita Personal Income:999-00 2000-0] 200]-02 2002-03 2003-04