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HomeMy WebLinkAboutResolution 94-247 09/07/1994 - t • Resolution No. 94-247 N.C.s. of the City of Petaluma, California 1 RESOLUTION ADOPTING THE APPROPRIATION LIMIT FOR 2 FISCAL YEAR 1994-95 3 4 5 WHEREAS, the people of California on November 6, 1979, added Article XIII- 6 B to the State Constitution placing various limitations on the appropriations of the State and 7 local governments; and 8 9 WHEREAS, the State Legislature adopted Chapters 1205 and 1342 of the 1980 10 Statutes which implemented Article XIII-B; and 11 12 WHEREAS, the people of California on June 5, 1990 amended Article XIII-B 13 effective July 1, 1990; and 14 15 WHEREAS, the provisions of the amendments have been interpreted by a 16 coalition of statewide organizations, and the organizations have issued through the League of 17 California Cities revised guidelines to recalculated the appropriations limit; and 18 19 WHEREAS, 7902 of the Government Code provides the process in which to 20 calculate the appropriations limit and 7910 of the Government Code requires cities to adopt a 21 resolution setting the annual appropriation limit at a regularly scheduled meeting or a noticed 22 special meeting; and 23 24 WHEREAS, the City of Petaluma has complied with the provisions of Article 25 XIII-B in determining the appropriations limit for Fiscal Year 1994-95; and 26 27 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of 28 Petaluma that: 29 30 1. The annual adjustment factors used to calculate the FY 94-95 appropriations 31 limit shall be the estimated change in non-residential assessed valuation due to 32 new construction (6.99°Io) and City population (3.69%). 33 34 2. The FY 94-95 appropriations limit shall be $27,707.,362. 35 36 3. The FY 94-95 appropriations subject to the appropriations limit is 37 $11,603,652. Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to Council of the City of Petaluma at a (Regular) 1) meeting r''"°'-~o~' 7th September 94 on the day of 19......-., by the following vote: City At orn AYES: PARKERSON, READ, HAMILTON, MAYOR HILLIGOSS NOES: NONE xy.d ~ V ABSENT: BARLAS, SHE C AYOR SOBEL - ~ e U~1C~Q'/4, ATTEST: - _ City Clerl. Mayor (bunch Fil . ~J4-`Z4.7 CA 10-85 Res. No . N.C.S. CITY OF PETALUIVIA APPROPRIATION LIIVIITATION ANALYSIS FISCAL YEAR 94-95 FY 93-94 Appropriations Limit $24,975,553 Allowed Percentage Increase from Prior Year 10.94% FY 93-94 Estimated Non-Residential Assessed Value Growth 6.99% FY 94-95 City Population Growth Estimate 3.69°!0 FY 94-95 Appropriations Limit $27,707,362 FY 94-95 Proceeds to Taxes $12,251,868 Less Allowable Exclusions of -648.216 Certain Appropriations FY 94-95 Appropriations Subject to Limit 11,603,652 FY 94-95 A~ropriations Under Limit $16.103.710 ~ °o CITY OF PETALUMA APPROPRIATIONS LIMITATION Millions 30 2b . 20 _ 16 _ 10 5 0 FY 89-90 FY 90-91 FY 91-92 FY 92-93 FY 93-94 FY 94-95 LIMIT ®SUBJECT TO LIMIT PROPOSITION ~ ADOPTED NOVEMBER, 1979 AMENDED JUNE, 1990 dANN EXHIBIT' TO RESO. 94-247 NCS f ~ r~ CITY OR PETALUMA SUMMARY OF APPROPRIATIONS SUBJECT TO LIMIT CALCULATION BYFUND TYPE FY 94-95 ADOPTED BUDGET FY 94-95 Transfers Total FY 94-95 Appropriations From Revenue Use of In From Appropriations Non-Proceeds Proceeds Fund Tvne Estimate Reserves Other Funds ~ By Fund of Taxes of Taxes General Fund 15,486,151 754,830 2,108,470 18,349,451 11,487,150 6,862,301 Special Revenue Funds 10,303,316 3,048,677 160,000 13,511.,993 485,218 13,026,775 Enterprise Funds 15,.116,620 1,466;490 2,014,400 18,597,510 0 18,597,510 Debt Administration 279,500 7,400 558,450 845,350 279,500 565,850 Trust/Agency Funds 226,300 158,950 0 385,250 0 385,250 LandscapeAssmtDist. 107,210 6,898 0 114,108 0 114,108 Special Assmt. Dist. 5,322,800 106,350 0 5,429,150 0 5,429,150 Internal Service Funds 0 0 1,768,900 1,768,900 0 1,768,900 Total Allocated 46,841,897 5,549,595 6,610,220 59.001.712 12.25LR68 46.749.R44 Revenues and Reserves to be Appropriated in FY 1994-95 FY 1994-95 EXCLUSIONS TO APPROPRIATIONS FUNDED BY PROCEEDS OF TAXES Court Orders 0 Federal Mandates Fair Labor Standards Act Payments 34,372 Medicare Payments 84,610 Underground Contamination Monitoring 39,800 Unemployment Payments 2 834 182,616 Qualified Capital Outlays Street Lighting System Payments 139,900 Fire Truck Payments 38.800 178,700 Qualified Debt Service General Obligation Bonds 286.900 Total Excluded Appropriations $648.216 FXH IBIT ~ RE SO. 94-247 1~ S