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RES-10386 Adoption of Appropriations Limit FY 2009-10RESOLUTION NO. 10386 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE ADOPTING THE APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2009- 10.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 2009-10.NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange that the Appropriations Limit in Fiscal Year 2009-10 shall be $132, 064,115 and the City's appropriations subject to limitation are $77,676,596.ADOPTED this 9th day 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, 2009. AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: Smith, Murphy, Cavecche, Dumitru, Bilodeau COUNCIL MEMBERS: None COUNCIL MEMBERS: None COUNCIL MEMBERS: None 2 EXHIBIT" A" 2009-10 APPROPRIATIONS LIMIT UNDER ARTICLE XIIIB 2009-10 APPROPRIATION LIMIT IS CALCULATED AS FOLLOWS:04-05 05-06 06-07 07-08 08-09 09-10 POPULATION GROWTH 1.0164 1.0067 1.0034 1.0044 1.0205 1.0097 CHANGE IN PER CAPITA INCOME 1.0328 1.0526 1.0396 1.0442 1.0429 1.0062 TOTAL ADJUSTMENT 1.0497 1.0597 1.0431 1.0488 1.0643 1.0160 LAST YEAR'S LIMIT 99,609,285 104,705,665 111,074.833 115, 973,537 121,843,236 129,940,236 CURRENT YEAR'S LIMIT 104,563,644 110,951,611 115,866,006 121, 632,405 129,940, 117 131, 744,888 OTHER ADJUSTMENTS:ASSUMED RESPONSIBILITY:BOOKING FEES PROP TAX ADMIN eRG 142,021 123,222 107,531 210,831 264,865 319,227 ADJ. CURRENTYR. LIMIT 104,705,665 111,074,833 115,973,537 121, 843,236 129,940,117 132,064,115 The following information was provided by the State Department of Finance in order to calculate the Appropriation Limit for 2009-10:City County Fiscal Year Date Population 04-05 01-01- 03 134,497 2,973,732 01- 01-04 136,701 3,017, 298 05-06 01-01-04 136, 828 3,021,203 01-01- 05 137,751 3,055,493 06- 07 01-01-05 137,329 3,045,682 01-01-06 137, 801 3,071,035 07-08 01-01-06 138,027 3,071, 222 01-01-07 138,640 3,097,008 08-09 01-01- 07 138,024 3, 088,594 01-01-08 140,849 3, 120,181 09-10 01-01-08 140, 270 3, 106, 872 01- 01- 09 141, 634 3,138, 435 Percentage Changes in Per Capita Personal Income: 2004- 05 2005-06 2006-07 2007- 08 3. 28% 5. 26% 3.96% 4. 42%Per