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HomeMy WebLinkAbout1986 044 CC RESO1986 044 CC RESO;¢fìùðRESOLUTION NO. 86-44 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, CALIFORNIA, SETTING THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1986-87 WHEREAS, Article XIIIB of the California Constitution requires the legislative Body to establish an Appropriations Lunit annually beginning with the fiscal year ending June 30, 1981; and WHEREAS, the City Council is required by Section 7910 of the Govemmsnt Code, to establish its Appropriations Limit by Resolution; and WHEREAS, the Appropriations Limit documentation has been available for public inspection for the required fifteen days, in accordance with Section 7910 of the Government Code, prior to the approval of the limit by the Legislative Body. NOW, THEREFORE, the City Council of the City of Baldwin Park does resolve as follows: SECTION 1. The Appropriations Limit for the fiscal year 1986-87 has been determined to be $20,819,844. SECTION 2. That the City Clerk shall certify to the adoption of this Resolution and the same shall be in full force and effect irrmediately upon its adoption. APPROVED AND ADOPTED this 18th day of June, 1986. MAYOR ATTEST: L. d^, CITY CLERK STATE OF CALIFORNIA COUNTY OF LOS ANGELES) SS. CITY OF BALDWIN PARK I, LINDA L. GAIR, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at its regular meeting of the City Council on the 18th day of June, 1986, by the following vote: AYES: NOES: ABSENT: COUNCIIJVEN GIBSON. IZELL, KING, MFNKTT.T. AMU M^vnp WHITE COUNCIIJ^EN NONE COUNCIMEN NONE L33SIDA L. GAIR, CITY CLERK BIB] 37847-U01 1986-U02 044-U02 CC-U02 RESO-U02 LI3-U03 FO2126-U03 FO20545-U03 DO20688-U03 C6-U03 RESO-U03 8/13/2003-U04 ROBIN-U04 1986 044 CC RESO;¢fìùðCITY OF BALCWIN PARK PROPOSITION 4 APPROPRIATIONS LIMIT FISCAL YEAR 1986-87 Total Appropriations Governmental Funds Only) Less: Non-Proceeds from Taxes Add: User Fees in Excess of Costs 1986-87 Adjusted Appropriations Base Year 1978-79 $13,070,826 3/163,197) 77,429 Preliminary Budget 1986-87 $13,190,423 2,754,689) 0- $10/435,734 Base Year Appropriations Limit Multiply by Cumulative Growth Factor 1986-87 Appropriation Limitation Excess Appropriation Limitation Over 1986-87 Appropriations $ 9,985/058 x 2.0851 $20,819,844 $10,384,110 BIB] 37847-U01 1986-U02 044-U02 CC-U02 RESO-U02 LI3-U03 FO2126-U03 FO20545-U03 DO20688-U03 C6-U03 RESO-U03 8/13/2003-U04 ROBIN-U04 1986 044 CC RESO;¢fìùðCITY OF BALCWIN PARK ARTICLE XIIIB SB 1352) CALCULATIONS OF PERMITTED GROWTH IN APPROPRIATIONS FISCAL YEAR 1986-87 1986-87 Per Capita Income Change: Per Capita Inccrne Change Converted to a Ratio: 2.3 + 100 100 u Population Change Converted to a Ratio: 4-14 + 100 i 0414 100 L.U414 Calculation: 1.023 x 1.0414 1.065352 Ratio of Change) Calculation Base): 1.9572 x 1.065352 2.085 Converted to Percent: 2.085107 x 100.00) 100.00 108.51% Cumulative Growth Rate for 1986-87 Appropriations 108.51% over 1978-79 Appropriations Population: Year 1/1/78 1/1/79 1/1/80 1/1/81 1/1/82 1/1/83 1/1/84 1/1/85 1/1/86 Population 46/750 47,145 49/705 52/138 53/465 54,554 56,359 57,427 59,884 Annual % Change Minus Exclusions 0- 84 5.43 4.89 1.88 2.68 2.91 2.00 4.14 BIB] 37847-U01 1986-U02 044-U02 CC-U02 RESO-U02 LI3-U03 FO2126-U03 FO20545-U03 DO20688-U03 C6-U03 RESO-U03 8/13/2003-U04 ROBIN-U04