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HomeMy WebLinkAbout0377.095T&. FROM: .... ~:~"" .:<.' @ 11 City of Palo Alto City Manager's Report HONORABLE CITY COUNCIL CJTYMANAGER DEPARTMENT: ADMINISTRATIVE SERVICES AGENDA R~TE: AUGUST 14, 1995 CMR;377:95 SUBJECI': REQUESJ: ADOPTION OF FINAL GANN LIMIT CALCULATION FOR 1">5-96 SUJr ~ IhlII Council adopt a resolution determining the litIJIched Appropriations Limitation cakulalion '" fiscal year 1995-96. The City's fiseaI year 1995-96 appropriations are SII.5 millioa under the limitation. EXEfJ1TIYE sl1MMAAY ArUc1e 138 of the Slak Constitution (I'ropo<;itioo 4) limils the annUal appropriations 10< Slate and local governments. PopuIatioo and per capita income change factors, wbiclt are used to acfJUSlthe City's annual appropriation limit, are r=ived fto.u 'fie .;""" o.l,'er the City's budget bas been. S!Jlxnitred to CoonciI. The appropriations limf.atioo calcU> ation approved by Council 00.June 19 was an e<tl.mate only. Attached is the final appror:'otions limilatloo colcalatioo base4 on appropriations approved 00 June I; ~1 on c:,,,,,ge factors received frOlllIhe SIak. The City's fiscal year 1995-96 appropriations are SII.S million under the limitation. ATTACHMENT Resolution ,.... •• n PREPARED BY; Joe Saccio. Senior fit.aDcial Analyst DEPARlMENTHEADAPPROVAL:---~Iio ... ,« 0 EmilY orrison CC: lIT. Deputy City Manager. Administrative Senices PopZofJ , ; RESOW'rION NO, '.- RBSOWTION OF nm COUNCIL OF THE CITY OF PALO ALTO DlITERMIJlING THB CALCULATION OF THI! APPROPRIATIONS LIMIT OF THB CITY OF PALO ALTO FOR FISCAL YEAR 1995-96 -, , .' .. ~ ~BRBAS~ under Article XIIIB of the Constitution of ~he State of california, the City of Palo Alto ('City·) NY not appropriate any proceeds ot taxes in excess of its app~opria~ions limi~ (I Limit· ).; and WHEREAS, siD~e 199C~31, the City Is permitted to annually a6just: its L:iln.it i:o. accordance with inflation and population adjustment factors; and WHBREAS, pursuant to GoVelilme!lt. Code Section 37200... the estimated calculation of the Limit was set forth in the ann:ua.l b\>dget ot the City for fiscal yea.r 1995-96, which was adopted by ordinance of tbe Council 00 J~e 19, 1995; and :iKiREAS, pursuant to Government Code Section 91l0, tbe fiDill. calculation of the Limit has l:>een determined, and the adjustment factors on whicb the ealCQlation is based are a +4.72 percent change ill California Per Capita Iacome and a .1.7 percent change in the population growth of the County o·f Santa Clara; and WHEREAS .. the <iocumen·t&tion used in the determination of the Limit has been made available to the general public for fifteen (IS) days prIor to the date ot ~he adoption of this resolution; and WHEREAS~ according to the final calculation, ~he C~ty's appropriations subject to limitation is approximately $12 million less than the Limit; . NOW. TFERBFORS~ the Coun~11 of the City of Palo ~to does RESOLVB as follows: SECTION 1. The Council of the City of Palo '~to hereby finds that I for fiscal year 1995-96. the final calculation of the Appropriations Limit <>f the City of Palo Alto has been determined in accordance ~th the adjustment factors referred to above, the document:ation used in the determination of t.he calCUlation has been made available to the general public for the period of fifteen days as required by law.. and the City"s appropriations subject to limitation has nee exceeded the Limlt by approximately $12 millioo_ SpION 2. The council hereby adopts the final calculation ~ the Appropriations ~imit of t.he City for fiscal year 1995-96 .. a copy ot Which is attached hereto as ·Attachment A·~ 1 ... ",,' , '.'., ::0 .." .. o !i!lO'IOli 3. The CO<lllCil Hnds eha'o the adopt!o" of tMII reBcluUon 6ees not «>nstitllte .. proj~ct under the calUoroia J;nvlro.~T)"'.a.l Quality Act... 8.Zid,. therefore, no e'Oviromneotal a.ses~nt 1s necessary. DITl<OOOCB!) U!> PASSIID: AYSS: lifO": AIlS Bti'l' : ABSTBlIITIONS , City Clerk Senior Asst. City At~<>rney Mayor City Manager Dep"ty City Manager ~nist"at1ye Services ~ -, " ... --.... -;- ATTACHIIEHT A APPI!Of'RIATlON$ UM!TATIOIt C:OUPLIANCE CALCULATIOIi fOR AOOPrED 11196-111M BI.IOGET i$ in Milfoons) TotI( 1k:4 .... d I" OjAltdiOM 1_ t.-= Deb! ServIc:e T rar.uc1ionIi CopiIa1 CMoy Hon-Po'OOe«k 01 Tues Ai>P~ .. ""'" ReM .... ~ d Ioj>propfiafion Unit: 1994-95 AppIJllfl81iOOl Uri!: SanIa CIani CowoIy Popula!ion Change (t.0472) x (1.017) • $51.460.925 = $54.906,oog Comb_I ~ CopI:aI Fur-odol Fund Propdo 1------ I I m .• ' I $67.90 $4.84 I I 1.18 I 5.24 I 3.92 28.80 I 2592 <1.'3\ 0.\3 f----- I $43.28 r $41.85 $0.92 $51.460.925 •. 72"(, 0eI>t SpocIoI Sorv!co -.. ----- $2.48 $3.19 1.16 !.32 2.68 $0.00 $0.5\ P"""Tation Change and Per CapiIa _ fadors p_ by the S1a!. 0ep6rtmenI cI p,""""" on May 1.1995. ; .