HomeMy WebLinkAbout1982-05-25; City Council; Resolution 68834
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RESOLUTION NO. 6883
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, ESTABLISHING THE 1982-83 APPROPRIATION LIMIT
AS REQUIRED BY ARTICLE XIIIB OF THE CALIFORNIA STATE
CONSTITUTION AND STATE LAW.
WHEREAS Article XIIIB of the California State Constitution requires that
jovernments annually establish a limit on the appropriation of proceeds of
:axes; and
WHEREAS state law requires that this limit be formally adopted by the
joverning body of each entity prior to June 30th of each fiscal year; and
WHEREAS state law also requires that this limit be published in a newspaper
)f general circulation to allow public response to the limit as adopted,
NOW, THEREFORE, BE IT RESOLVED as follows:
1. That the City Council of the City of Carlsbad, California, does hereby
:stablish and adopt the 1982-83 appropriation limit of eighteen million seven
iundred thirty seven thousand seven hundred thirteen dollars ($18,737,713) as
:omputed in Exhibit A attached hereto.
That the City Clerk is directed to publish this resolution in a 2.
iewspaper of general circulation.
PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of
:he City of Carlsbad held on the 25th day of &y , 1982, by the following
rote, to wit:
AYES :
NOES: None
Council Members Packard, Casler , hear, Lewis and KulchFn
ABSENT: NOne
iTTEST :
RONALD C. PACKARD, Mayor
~ SEAL)
TABLE I
May 25, 1982
EXHIBIT A
(page 1 of 2)
COMPUTATION OF 1982-83
APPROPRIATION LIMIT
Limit
1981-82 Appropriation Limit
(see Resolution No. 6593, 6/23/81) $17,238,006
Inflation Factor:
Change in State Per Capita Income = 6.79%
Population Change = 1.79%
Factor f Per Capita Income Change X Population Change
Factor = 1.0679 X 1.0179
Factor = 1.0870
1982-83 Limit = Factor X 1981-82 Limit
1982-83 Limit = 1.0870 X $17,238,006 = $18,737,713
3
-9
c .
TABLE I1
May 25, 1982
EXHIBIT A
(page 2 of 2)
FUND
CITY OF CARLSBAD
APPROPRIATION OF PROCEEDS OF TAXES
General
Gas Tax
Sanitation
Street Lighting
Library Bonds
Sewer Bonds
Housing
Redevelopment
Community Development Block Grants
Water
Workers Compensation Self Insurance
Liability Self Insurance
1982-83
TOTAL
APPROPRIATION
$13,165,930
421,400
629,000
423 , 000
7 , 000
122,000
943 , 089
-
34 , 512
2 , 100 , 000
176,000
191,000
TOTAL ALL FUNDS $18,212,931
1982-83 Appropriation Limit - $18,737,713
1982-83 Appropriations of
Proceeds of Taxes - 11,521,500
NON
PROCEEDS PROCEEDS
OF TAXES OF TAXES
$11,100,000 $2,065,930
421,400
629,000
423,000
7 , 000
122,000
943 , 089
-
34,512
2,100 , 000
176 , 000
191 , 000
$11,521,400 $6,691,531
AVAILABLE MARGIN $ 7,216,313