RES-8487 Adopting Appropriations Limit FY 1995-96RESOLUTION NO. 8487
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ORANGE APPROVING AND ADOPTING
THE APPROPRIATIONS LIMIT FOR THE FISCAL
YEAR 1995-
96 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 III and SB88 to provide for
the calculation of the appropriations limit for Fiscal Years beginning with 1990-91 using,
at the City's election, either the growth in California per capita income or the growth
in non-residential assessed valuation due to new construction within the City and, at the
City's election, either the City's own population growth or the population growth
ofthe County.WHEREAS, the information and the elections made as set forth above
necessary for making these adjustments is 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 1995-96.NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Orange that the Appropriations Limit in Fiscal Year 1995-96 shall be $
63,438,161.00.ADOPTED this 27th
day
of June, 1995.z-
r
Mayor of Or
e test: ~Ud~/2 (]-rk~;(Deputy City Clerk
0 e City of Orange I 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 27th
day
of
June,
i 995.
AYES:NOES:
ABSENT:COUNCIL
MEMBERS:COUNCIL MEMBERS:COUNCIL MEMBERS:MURPHY,
BARRERA,
MAYOR
COONTZ, SPURGEON, SLATEr NOOENOOE i2t.-~
C ;l-;;/;A'~-;/Deputy City Clerk the
EXHIBIT "A"
1995-96 APPROPRIATIONS LIMIT UNDER ARTICLE
xIIm 1995-96 APPROPRIATION LIMIT IS CALCULATED
AS FOLLOWS:91.92 92-93
93-94 94-95 95-96 POPULATION GROWTH 1.0231 1,0247
1,0215 1,0164 1,0173 INFLATION RATE 1,0414 0,9936
1.0272 1.0071 1.0472 TOTAL ADJUSTMENT 1,0655 1.0181
1,0493 1,0236 1,0653LAST YEAR'S LIMIT 49,752.472 53,399,087 54.717,849
57,764,607 59.437,744 CURRENT YEAR'S LIMIT 53,009,087 54,367,649 57,414,607
59,128,
801 63,
320,013 OTHER ADJUSTMENTS:ASSUMED RESPONSIBILITY:BOOKING FEES 250,000
200,000 200,000 200,000 PROP TAX ADMIN CHG 140,000 150,000
150,000 108,943 118,148 ADJ. CURRENT YR. LIMIT 53,399,087 54,717,649 57,764,607
59,437,744 83.438,816 The following information was provided by the State
Department of Finance in order to
calculate the
Appropriation Limit for 1995-
96:Greater of City Population
County Population Fiscal Year Date Population Changes
91-92 01-01-90 110,165 2,383,
177 01-01.91 112,7092,
438,0942,31%92-93 01-01-
91 112,466 2,436.505 01-
01-92 114.489 2,496,620 2,
47%93-94 01-01-92 114,
374 2.489,260 01-01-93 116,
259 2,542,747 2,15%94-
95 01-01-93 116,259 2,540,
452 01-01-94 117,956 2,
582,
051 1.
64%
95-96
01-
01-94
118,037
2,583,
608
01-01-