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HomeMy WebLinkAboutCC RESO 92-33RESOLUTION NO. 92-33 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY ESTABLISHING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 1991-92 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 Constitution 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 appropriations limit of the State and local governments; and WHEREAS, the calculations for the appropriations limit of the City of National City for fiscal year 1991-92 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 1991-92 are set forth in Attachment 5. BE IT FURTHER RESOLVED that the schedule to calculate the change in cost of living adjustment factor due to change in local valuation from non-residential new construction 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 1991-92 shall be as set forth in Attachment 3. BE IT FURTHER RESOLVED that the population change factor to be used in calculating the appropriations limit for fiscal year 1991-92 shall be as set forth in Attachment 2. Continued on Page Two Resolution No. 92-33 Page Two of Two BE IT FURTHER RESOLVED that the appropriations limit for fiscal year 1991-92 shall be $35,572,962 as set forth in Attachment 1. PASSED and ADOPTED this 3rd day of March, 1992. George H. aters, Mayor ATTEST: 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 30,1992 Appropriations Limit - Fiscal Year 1990-91 (Resolution No. 91-72) $31,049,107 Change Factor - Fiscal Year 1991-92: Fiscal Year Selected Population Change Factor (A) Selected Price Change Factor (B) Combined Change Factor 1992 3.06% 11.17% 114.57% Combined Change Factor Appropriations Limit - Fiscal Year 1991-92 Source: A: B: 114.57% $35,572,962 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 INDICATE SELECTED POPULATION CHANGE FACTOR Fiscal Year County Population City Population Selected Population Change Factor 1992 3.06% 1.95% 3.06% Source: California Department of Finance Attachment 3 CITY OF NATIONAL CITY APPROPRIATIONS LIMIT SCHEDULE TO INDICATE SELECTED PRICE CHANGE FACTOR Selected Per Capita Local Price Fiscal Personal Assessment Change Year Income (A) Roll (B) Factor 1992 4.14% 11.17% 11.17% 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 Non-residential Assessed Total Change In New Valuation Fiscal Assessed Assessed Construction Change Year Values (A) Values Valuation (B) Factor 1991 1,117,535,849 1992 1,180, 064, 921 62, 529, 072 6,982,710 11.17% 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, Non -Residential New Construction Report Attachment 5 CITY OF NATIONAL CITY APPROPRIATIONS SUBJECT TO LIMITATION FISCAL YEAR 1991-92 Amount Total Appropriations $35,974,540 Less Non -proceeds of taxes 13,984,235 Proceeds of Taxes 21,990,305 Less Exclusions 1,316,334 Appropriations Subject to Limitation $20,673,971