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RES-10868 Appropriations Limit 2015-16RESOLUTION NO. 10868 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE ADOPTING THE APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2015 -16. 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; and 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; and 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 2015 -16. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange that the Appropriations Limit in Fiscal Year 2015 -16 shall be $156,083,553 and the City's appropriations subject to limitation are $89,913,761. ADOPTED this 9th day of June, 2015. Teresa /t. Smith, Mayor, City of Orange ATTEST: ELI( Mary E. ity Clerk, City o e 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 9th day of June, 2015. AYES:COUNCIL MEMBERS:Alvarez, Whitaker, Smith, Murphy, Nichols NOES:COUNCIL MEMBERS:None ABSENT:COUNCIL MEMBERS:None ABSTAIN:COUNCIL MEMBERS:None 4 C Mary E. , City Clerk, ity o e EXHIBIT " A " 2015 -16 APPROPRIATIONS LIMIT UNDER ARTICLE XIIIB 2015 -16 APPROPRIATION LIMIT IS CALCULATED AS FOLLOWS: 10 -11* 11 -12 12 -13 13 -14 14 -15 15 -16 POPULATION GROWTH 1.0088 1.0054 1.0089 1.0078 1.0093 1.0059 CHANGE IN PER CAPITA INCOME .9746 1.0251 1.0377 1.0512 .9977 1.0382 TOTAL ADJUSTMENT 9832 1.0306 1.0469 1.0594 1.0070 1.0443 LAST YEAR'S LIMIT 132,064,115 129,842,331 133,820,121 140,101,040 148,422,952 149,458,738 CURRENT YEAR'S LIMIT 129,842,331 133,820,121 140,101,040 148,422,952 149,458,738 156,083,553 OTHER ADJUSTMENTS: 01 -01 -10 142,708 3,165,962 1.01% 11 -12 01 -01 -10 ASSUMED RESPONSIBILITY: 3,008,356 01 -01 -11 136,995 3,029,408 70% BOOKING FEES 137,086 3,027,832 01 -01 -12 138,010 3,055,792 PROP TAX ADMIN CHG 13 -14 01 -01 -12 138,100 3,056,919 01 -01 -13 138,792 ADJ. CURRENT YR. LIMIT 129,842,331 133,820,121 140,101,040 148,422,952 149,458,738 156,083,553 The following information was provided by the State Department of Finance in order to calculate the Appropriation Limit for 2015 16: Greater of City County Population Fiscal Year Date Population Changes 10 -11 01 -01 -09 141,462 3,134,276 01 -01 -10 142,708 3,165,962 1.01% 11 -12 01 -01 -10 136,256 3,008,356 01 -01 -11 136,995 3,029,408 70% 12 -13 01 -01 -11 137,086 3,027,832 01 -01 -12 138,010 3,055,792 89% 13 -14 01 -01 -12 138,100 3,056,919 01 -01 -13 138,792 3,080,859 78% 13 -14 01 -01 -13 138,913 3,084,324 01 -01 -14 139,279 3,113,088 93% 14 -15 01 -01 -14 139,268 3,113,306 1.08% 01 -01 -15 140,094 3,146,789 Restated 3 EXHIBIT " A " 2015 -16 APPROPRIATIONS LIMIT UNDER ARTICLE XIIIB (Continued) Percentage Changes in Per Capita Personal Income: 2010 -11 2011 -1 2012 -13 201 -14 2014 -15 2015 -16 2.54% -2.51% 3.77% 5.12% -0.23% 3.82% Per Capita Income Converted to a Ratio: 2010 -11 2011 -12 2012 -13 2013 -14 2014 -15 2015 -16 9746 1.0251 1.0377 1.0512 .9977 1.0382 rd