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HomeMy WebLinkAboutCC RESO 91-72RESOLUTION NO. 91-72 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY ESTABLISHING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 1990-1991 WHEREAS, the voters of California on November 6, 1979, added Article XIII-B to the California Constitution placing various limitations on the appropriations of the State and local governments; and WHEREAS, Article XIII-B of the California Constitu- tion provides that appropriations made by State and local governments shall be changed annually by a factor comprised of the change in population and the change in the cost of living; and WHEREAS, the voters of California on June 5, 1990 enacted Proposition 111 updating the calculation of appropria- tions limit of the state and local governments; and WHEREAS, Proposition 111 provides that for fiscal years beginning on or after July 1, 1990, the appropriations limit of each entity of government shall be the appropriations limit for the fiscal year 1986-87 adjusted for the changes made from that fiscal year; and WHEREAS, the calculations for making these adjust- ments for the City of National City are shown on Attachments 1-5 attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the calculations used to determine the appropriations subject to limitation for Fiscal Year 1990-1991 are set forth in Attachment 5. BE IT FURTHER RESOLVED that the schedule to calcu- late the change in cost of living adjustment factor due to change in local valuation from non-residential new construc- tion is set forth in Attachment 4. BE IT FURTHER RESOLVED that the change in cost of living adjustment factor to be used in calculating the appropriations limit for fiscal year 1990-91 shall be as set forth in Attachment 3. BE IT FURTHER RESOLVED by the City Council of the City of National City that the population change factor to be used in calculating the appropriations limit for fiscal year 1990-91 shall be as set forth in Attachment 2. Continued on Page Two Page 2 of 2 Resolution No. 91-72 BE IT FURTHER RESOLVED that the appropriations limit for fiscal year 1990-91 shall be $31,049,107 as set forth in Attachment 1. PASSED and ADOPTED this 23rd day of April, 1991. -fi r AA / je27d George H. Waters, Mayor ATTEST: LORI ANNE PEOPLES Lori Anne Peoples City clerk BY: APPROVED AS TO FORM: George H. Eiser, III City Attorney Attachment 1 CITY OF NATIONAL CITY SCHEDULE TO CALCULATE APPROPRIATIONS LIMIT FISCAL YEAR ENDING JUNE 30,1991 Appropriations Limit - Fiscal Year 1986-87 (Resolution No. 14,954) $14,490,646 Change Factor - Fiscal Years 1987-88 to 1990-91: Fiscal Year Selected Population Change Factor (A) Selected Price Change Factor (B) Combined Change Factor 1988 3.43% 22.20% 126.39% 1989 3.80% 21.26% 125.87% 1990 3.85% 20.08% 124.70% 1991 3.65% 4.21% 108.01% Compounded Change Factor Appropriations Limit - Fiscal Year 1990-91 Source: A: B: 214.27% $31,049,107 Attachment 2 - Schedule to Summarize Selected Population Change Factor Attachment 3 - Schedule to summarize Selected Price Change Factor Attachment 2 CITY OF NATIONAL CITY APPROPRIATIONS LIMIT SCHEDULE TO SUMMARIZE SELECTED POPULATION CHANGE FACTOR Fiscal Year County Population City Population Selected Population Change Factor 1988 3.43% -1.81% 3.43% 1989 3.80% 1.75% 3.80% 1990 3.85% 1.16% 3.85% 1991 3.65% 0.30% 3.65% Source: California Department of Finance Attachment 3 CITY OF NATIONAL CITY APPROPRIATIONS LIMIT SCHEDULE TO SUMMARIZE SELECTED PRICE CHANGE FACTOR Fiscal Year Per Capita Personal Income (A) Local Assessment Roll (B) Selected Price Change Factor 1988 3.47% 22.20% 22.20% 1989 4.66% 21.26% 21.26% 1990 5.19% 20.08% 20.08% 1991 4.21% 0.50% 4.21% Source: A: California Department of Finance B: Attachment 4 Attachment 4 CITY OF NATIONAL CITY APPROPRIATIONS LIMIT SCHEDULE TO CALCULATE PRICE CHANGE FACTOR DUE TO CHANGE IN LOCAL ASSESSED VALUATION FROM NON-RESIDENTIAL NEW CONSTRUCTION Fiscal Year Total Assessed Values (A) Change In Assessed Values Non-residential New Construction Valuation (B) Assessed Valuation Change Factor 1987 836,921,576 1988 900,027,601 63,106,025 14,006,757 22.20% 1989 970,849,622 70,822,021 15,057,991 21.26% 1990 1,036,019,022 65,169,400 13,084,919 20.08% 1991 1,117,535,849 81,516,827 408,800 0.50% Source: A: County of San Diego, Office of the Assessor Inventory of Parcels and Assessed Values B: County of San Diego, Office of the Assessor Prop 111, New Non -Residential New Construction Report Attachment 5 CITY OF NATIONAL CITY APPROPRIATIONS SUBJECT TO LIMITATION FISCAL YEAR 1990-91 Amount Total Appropriations $33,849,490 Less Non -proceeds of taxes 11,796,808 Proceeds of Taxes 22,052,682 Less Exclusions 1,290,310 Appropriations Subject to Limitation $20,762,372 Current Year Limit $31,049,107 Over (Under) Limit ($10,286,735)