HomeMy WebLinkAboutCC Resolution 11124 (Appropriations Limit)RESOLUTION NO. 11124
A RESOLUTION APPROVING REVISED 2001/2002 APPROPRIATIONS
LIMIT AND APPROVING 2002/2003 APPROPRIATIONS LIMIT
WHEREAS, Proposition 4, which was voted upon by the voters of the State of
California on November 6, 1979, places various limitations on the fiscal powers of state
and local governments; and
WHEREAS, Senate Bill 1352, which implements Proposition 4, requires that the
governing body of each local jurisdiction shall establish its Appropriations Limit at a
regularly scheduled meeting or noticed special meeting; and
WHEREAS, documentation used in the determination of the Appropriations Limit
has been available in the Management Services Department, Financial Services Division
as provided by Senate Bill 1352; and
WHEREAS, the City has elected to use the percent change in the population of
Marin County and the percent change in the California per Capita personal income as
provided by Proposition 111 for the revised 2001/2002 year; and
WHEREAS, the City has elected to use the percent change in the population of
Marin County and the percent change in the local assessment roll due to local non
residential construction as provided by Proposition 111 for the 2002/2003 year.
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NOW, THEREFORE, BE IT RESOLVED that the City Council of the San Rafael,
pursuant to the formula set forth in Senate Bill 1352, does hereby establish the Revised
Appropriations Limit for fiscal year 2001/2002 at $ 42,522,227, and the Appropriations
Limit for fiscal year 2002/2003 for the City of San Rafael at $ 45,073,561, as documented
in Exhibit A, attached hereto and incorporated herein by reference as though fully set
forth.
I, JEANNE M. LEONCINI, Clerk of the City of San Rafael, hereby certify that the
foregoing resolution was duly and regularly introduced and adopted at a regular meeting
on the City Council of said City held on Monday, the 1St day of JuLy 2002, by the following
vote to wit:
AYES: COUNCILMEMBERS: Heller, Miller, Phillips and Mayor Boro
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: Cohen
JEANNE M. LEONCINI, City Clerk
GANN LIMITATION CALCULATION
Fiscal Year 2002-2003 EXHIBIT A
= Value selected for Factor calculation
$50,000,000
$45,000,000
$40,000,000
$35,000,000 _
$30,000,000
$25,000,000 -
$20,000,000
$15,000,000
$10,000,000 -
$5,000,000
$- - ..
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(A)
(B)
Fiscal
Cost of Living
Change in Population
Factor
Prior Year
Current Year
Year
Change In
Limitation
Limitation
Assessment
California
Roll for
Change in
Change in
Per Capita
Nonresidential
Population for
Population for
Personal Income Or
Construction
San Rafael
Or MerinCounty
(Highest BX
(Source: State)
(Source: County)
(Source: State)
(Source: State)
Highest A)
94/95
$
24,635,128
95/96
4.72
0.60
1.22
1.0600
x $
24,635,128
= $
26,113,235
96/97
4.67
5.50
1.37
1.43
1.0700
x $
26,113,235
= $
27,941,557
97/98
4.67
5.40
2.17
1.64
1.0800
x $
27,941,557
= $
30,176,882
98/99
4.15
6.80
1.42
1.56
1.0800
x $
30,176,882
= $
32,591,032
99/00
4.53
6.26
1.47
1.62
1.0798
x $
32,591,032
= $
35,192,257
00/01
4.91
9.27
1.50
1.82
1.1126
X $
35,192,257
= $
39,154,905
01/02
7.82
6.67
0.53
0.72
1.0860
X $
39,154,905
$
42,522,227
02/03
-1.27
5.15
0.69
0.81
1.0600
X $
42,522,227
$
45,073,561
= Value selected for Factor calculation
$50,000,000
$45,000,000
$40,000,000
$35,000,000 _
$30,000,000
$25,000,000 -
$20,000,000
$15,000,000
$10,000,000 -
$5,000,000
$- - ..
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