Loading...
RES-9446 Appropriations Limit FY 2001-02RESOLUTION NO. 9446 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE ADOPTING THE APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2001- 02 WHEREAS, the voters of California on November 6, 1979, added Article XIIm 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 2001-02.NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange that the Appropriations Limit in Fiscal Year 2001-02 shall be $94, 822,431 and the City's appropriations subject to limitation are $52,774,334.ADOPTED this 22nd day of ATTEST: 1A1.JA'A~{;.:r~-/ Ad Cassandra J. Cath , City Clerk of the 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 22nd day of May, 2001.AYES: COUNCILMEMBERS: SLATER, ALVAREZ, MAYOR MURPHY, COONTZ NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ABSTAIN: COUNCILMEMBERS: NONE EXHIBIT "A" 2001-02 APPROPRIATIONS LIMIT UNDER ARTICLE XIIIB 2001-02 APPROPRIATION LIMIT IS CALCULATED AS FOLLOWS:96-9797-98 98- 99 99.00 00-01 01-02 POPULA nON GROWTH 1.0139 1.0187 1. 0169 1.0177 1.0156 1.0122 INFLATION RATE 1.04671.0467 1. 0415 1.0453 1.0491 1.0782 TOTAL ADJUSTMENT 1.0612 1.0663 1. 0591 1.0638 1.0655 1.0913 LAST YEAR'S LIMIT 63,438,161 64,444,549 72,001,522 76,378, 634 81,356,654 86,791,079 CURRENT YEAR'S LIMIT 67,323,693 71,914,322 76,256,909 81,251, 730 86, 682.746 94,716, 987 OTHER ADJUSTMENTS:ASSUMED RESPONSffiILlTY:BOOKING FEES PROP TAX ADMIN CHG 120,856 87,200 121, 726 104,925 108,333 105,444 ADJ. CURRENT YR LIMIT 67,444,549 72,001,522 76,378,634 81,356, 654 86,791.079 94,822,431 The following information was provided by the State Department of Finance in order to calculate the Appropriation Limit for 2001-02:Greater of City County Population Fiscal Year Date Population Population Changes 96,97 01- 01,95 118,1052.583.745 1. 39%01,01,96 119,742 2,610.959 97,98 0\, 0\.96 \20,043 2.618,920 1.87%01-01,97 122.282 2,659.316 98- 99 01,01,97 \23.105 2.665. 181 1.69%01,01.98 125,Q65 2.710, 335 99-00 01,01-98 \25,617 2.722.075 1.77%01,01,99 127.603 2,770,310 00,01 01-01-99 128.197 2.782,124 1.56%01,01.00 129.399 2,825,437 01,02 01- 01-00 130,009 2,864.827 1.02%01.01,01 132,826 2,922,837 Percentage Changes in PerCapita Personal Income:1996-97 1997-981998-99 1999-00 2000,012001-02 4.67% 4.67% 4.15% 4.53%