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RES-7947 Approving Appropriations Limit FY 1990-91RESOLUTION NO. 7947 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE APPROVING AND ADOPTING THE REVISED APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1990- 91.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,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; and WHEREAS, the original calculation of the City'S appropriation limit for Fiscal Year 90-91 was not calculated in accordance with this amendment; and WHEREAS, the appropriation limit has been recalculated for Fiscal Year 1990-91 in accordance with this amendment; and 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 revised appropriation limit for Fiscal Year 1990-91.NOW, THEREFORE, BE IT RESOLVED by the City Council of the city of Orange that the appropriations subject to limitation in Fiscal Year 1990- 91 shall be $49,752,472.00.ADOPTED this 11 th day of February , 1992.GENE BEYER Mayor of the city of Orange ATTEST:ci~~1~!M6l ~'~nge I hereby certify that the foregoing Resolution was duly and regularly adopted by the city council ofthe city ofOrange at a 1Jz BY: . t'c.t~~~~'t~F regular meeting thereof held on the 11 th of February , 1992, by the following vote: AYES: NOES: ABSENT: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: STEINER, BARRERA, COONTZ, SPURGEON NONE MAYOR BEYER lpAf'AP- n/City Cle of eVCity of Orange RESO No. 7947 2- Attachment RESO 7947 EXHmIT"A" 1990-91 APPROPRIATIONS LIMIT UNDER ARTICLE XIllB 1990-91 APPROPRIATION LIMIT IS CALCULATED AS FOLLOWS:7-88 88-8. 89.90 90.91 POPULATION GROWTH 1.0199 1.0198 1.0185 1.0201 INFLATION RATE 1.0347 1.0466 1.0519 1.0421 TOTAL ADJUSTMENT 1.0553 1.0673 1.0714 1.0630 LAST YEAR'S LIMIT 38,784,594 40,929,015 43,684, 466 46,801,796 CURRENT YEAR'S LIMIT 40,929,015 43,684.466 46,801. 796 49. 752.472 OTHER ADJUSTMENTS: ASSUMED RESPONSIBiliTY:BOOKING FEES PROP TAX ADMIN CHG ADJ. CURRENT YA. LIMIT 40.929,015 43,684.466 46.801. 796 49,7S2.472 The following information was provided by the State Department of Finance in order to calculate the Appropriation Limit for 1991-92: Greater of City County Population Fiscal Year Date Population Population Chan2es 87-88 01-01-86 101.947 2,136.196 01-01-87 103,264 2,178, 793 1.99%88-89 01-01-87 103,350 2.180,831 01-01- 88 104,945 2,224,039 1.98% 89-90 01-01-88 105,008 2,225,452 01-01-89 106,358 2,266,531 1.85%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-