RES-8346 Approving Appropriations Limit FY 1994-95RESOLUTION NO. 8346
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ORANGE APPROVING AND ADOPTING
THE APPROPRIATIONS LIMIT FOR THE FISCAL
YEAR 1994-
95 WHEREAS, the voters of Cali fomi a 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
of the 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 1994-95,NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Orange that the Appropriations Limit in Fiscal Year 1994-95 shall
be $58,703,556.00,ADOPTED
this
14th day
ofJune, 1994.Attest:
GENE REYER Mayor
of
Orange
2Y: Sl.
cf /l ",",<-Mayor pro~
7nA'A-d'6f: f) ~~City Clerk
the <9{ty 6f 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
14th day of June, 1994.AYES:COUNCIL
MEMBERS:
SPURGEON,
BARRERA, COONTZ, MURPHY
NOES ABSENT COUNCIL MEMBERS:
NONE COUNCIL MEMBERS: MAYOR BEYER Y/
1.<fAA~ z) ~itte/t/City Cler f
EXHffiIT "A"
1994-95 APPROPRIATIONS LIMIT UNDER ARTICLE
XllIB 1994-95 APPROPRIATION LIMIT IS CALCULATED
AS FOLLOWS:90-91 91-
92 92-93 93-94 94-95 POPULATION GROWTH 1.0201 1.
0231 1.0247 1.0215 1.0164 INFLA liON RATE 1.0421 1.
0414 0.9936 1.0272 1.0071 TOTAL ADJUSTMENT 1.0630 1.
0655 1.0181 1.0493 1.0236 LAST YEAR'S LIMIT 46,801.796 49,752,472 53,399,
086 54,367.848 57,047.357 CURRENT YEAR'S LIMIT 49.752,472 53,009.086 54,367.
848 57,
047,357
58,394,612 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 ADJ. CURRENT YR. LIMIT 49,752,472 53,399.086 54.717.
848 57,397,357 58,703,556 The following information was provided by the
State Department of Finance in order
to calculate
the Appropriation Limit
for 1994-95:Greater of City
County Population Fiscal Year Date Population Population
Changes 90-91 01-01-89 106,290
2,265,480 01-01-90 107,
712 2,311,000 2.01%91-92
01-01-90 110,165 2,383,
177 01-01-91 112,709 2,438,
094 2.31%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.t5%
94-
95 01-
01-
93 116,
259
2,540,