HomeMy WebLinkAboutCC RESO 94-72RESOLUTION NO. 9 4 - 7 2
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
ESTABLISHING THE ANNUAL APPROPRIATIONS
LIMIT FOR FISCAL YEAR 1994-95
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 1994-95 are shown on Attachments 1-4 attached hereto and
incorporated herein by reference.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of National City 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 cost of living factor to be used in
calculating the appropriations limit for fiscal year 1994-95 shall be 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 1994-95 shall be as set forth in
Attachment 2.
BE IT FURTHER RESOLVED that the appropriations limit for fiscal year
1994-95 shall be $53,034,345 as set forth in Attachment 1.
Continued on Page Two
Resolution No. 94-72
Page Two of Two
PASSED and ADOPTED this 14th day of June, 1994.
Georg��aters, Mayor
ATTEST:
o Anne Peoples, Cityerk
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, 1995
Appropriations Limit - Fiscal Year 1993-94 (Resolution No. 93-74) $47,817,460
Change Factor - Fiscal Year 1994-95:
Fiscal
Year
Selected
Population
Change
Factor
(A)
Selected
Price
Change
Factor
(B)
Combined
Change
Factor
1995
1.42%
9.36%
110.91%
Combined Change Factor
Appropriations Limit - Fiscal Year 1994-95
Source:
A:
B:
110.91%
$53,034,345
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
1995
1.42%
0.22%
1.42%
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
1995
0.71%
9.36%
9.36%
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
1994
1,282,114,000
1995
1,331,518,000
49,404,000
4,626,177
9.36%
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