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HomeMy WebLinkAbout1986-07-08; City Council; 8687; 1986-87 Appropriation Limit0 I.LI ~ 0:: 0. 0. <( z 0 ~ ...I 0 z ::, 0 () en OF CARLSBAD -AGENt BILL AB# ?~?7 TITLE: 1986-87 APPROPRIATION LIMIT IMTG. 7/8/86 CHI DEPT._ .... _._, __ _ RECOMMENDED ACTION: Adopt Resolution No. f'&>.t.~dopting the 1986-87 appropriation Hmit. ITEM EXPLANATION: DEPT. H •• 'r~~ C!TY A m\~v ~ ... ..--:- CITY MGR. ~ Ar:tlcle XIIIB of the California Constitution requires that all governmental entities operate under certain limits on appropriations of proceeds of taxes. T11is "spending 11mit 11 ls based on the appropriations as adopted by the governing oody during 1978-79 and ls lncreas~d annually by a factor based on inflation and population. For the City of Carlsbad, the 1978-79 base is about $10.2 million. That is the City appropriated $10.2 million from proceeds of taxes during 1978-79. The City ls required by law to annually set and publish the appropriation limit for each fiscal year. For 1986-87 this limlt should be set following the budget adoption. The exhibits to this agenda bill show the process t1sed in computing the 1986-87 limit of $27.4 million compared tt appropriations from proceeds of taxes of about $20.8 million. Based on the;e numbers, the City will have a $6.6 million margin during 1986-87. FISCAL IMPACT: The establishment of the appropriation limit has no fiscal impact in itself. It should be noted, however, that should the City ever receive more in pr,.)ceeds of taxes than can legally be appropriated, the excess must be returned to the state or to the citizens by returning sales tax, property tax or other tax revenues. EXHIBITS: Table I -Computatlon of the 1986-87 Limit Table II -Appr..2,pr,!_atlon of Proceeds of Taxes ln 1°d6-87 Resolution No.olo.51/adopting the 1986-87 appropriation limit TABLE I COMPUTATION OF 1986-87 APPROPRIATION LIMIT 1985-86 Appropriation Limit (See Resolution No. 8265, 11/19/85) Inflation Factor: Change in U.S. Consumer Price Index= 2~3% Population Change = 9 .50% Factor= U.S. Consumer Price Index Change X Population Change Factor= 1.023 X 1.095% Factor= 1.120185 1986-87 Limit= Factor X 1985-86 Limit 1986-87 Limit= 1.120185 X $24,451,257 = EXHIBIT A (Page 1 of 2) Limit - $24,451,257 $27,389,931 TABLE II CITY OF CARLSBAD APPRQPRIATION OF PROCEEDS OF TAXES 1986-87 OPERATING FUNDS General Gas Tax Library AV Fund Civic Arts Fund Street Lighting Library & Sewer Bond Funds Grants Sanitation Fund Water Fund Liability Self Insurance Fund Worker's Comp. Ins. Fund Vehicle Maint. & Replacement Fund Health Insurance Fund Data Processing Redevelopment Fund General Capital Const. Fund Public facilities Fund Park In-Lteu Fund Planned Local Drainage Revenue Sharing Sewer Construction Fund Other Capital Grants Water Funds Traffic Impact Fee Fund Bridge & Thoroughfare District Developer Contributions Bonds & Other Sources Redevelopment $ TOTAL APPROPRIATION 23,865,000 767,000 50,000 9,000 440,790 147,000 1,422,156 1,875,000 1,380,000 490,000 415,500 1,104,000 650,000 102,625 670,000 3,3~4,000 882,000 400,000 150,000 1,359,500 320,500 2,500,000 $ EXHIBIT A (Page 2 af 2.) PROCEEDS OF TAXES 19,217,000 767,000 147,000 670,000 -~- $ NON PROCEEDS OF TAXES 4,648,000 50,000 9,000 440,790 1,422,156, 1,R75,000 1,380,000 490,000 415,500 1, 104,000 650,000 '102,625 3,344,000 882,000 400,000 150,000 1,359,500 320,500 2,soo,000 TOTAL APPROPRIATIONS S 42,344,071. S 20,801,000 $21,543,071 1986-87 Appropriation Limit 1986-87 Appropriation from Proceeds of Taxes AVAILABLE MARGIN $ 27,389,931 20,801,000 $ 6,588,931 CITY OF CARLSBAD SPENDING LIMIT SPENDING LIMIT MILLION DOLLARS APPROPRIATION OF PROCEEDS OF TAXES ----- 30----------------------------, 25 20 ; ; 15 _,_; ----SPEND I NG MARG I N ; ' _. ; ; ; ; ; 10 1 -------~---------~ l l l I I 80-81 81-82 82-83 83-84 84-85 85-86 FISCAL YEAR ; ; ; ; ; I I 86-87 ESTABLISHED UNDER ARTICLE XI I 18 OF THE STATE CONSTITUTION " 1'.1~-"-'·• ,.,. ,__ ,_,,,,_z.~ j•~: ,,:t;.t;" ~--" l - l 2 3 4 5 6 7 8 9 10 ll 12 RESOLUTION NO. 86 54 ----- /\· RESOLUTION OF THE CITY COUNCIL OF THE CITY OF' tARLSBAiJ, CALIFORNIA, ESTABLISHING THE 1986-87 APPROPRIATION LIMIT AS REQUIRED BY ARTICILE XIIIB OF THE CALIFORNIA STATE CONSTITUTION AND STATE LAW. WHEREAS, Article XIIIB of the California State Constitution requires that governments annually establish a limit on the appropriation of proceeds of taxes; and WHEREAS, state law requires that this limit be formally adopted by the governing body of each entity prior to June 30th of each fiscal y~ar; and WHEREAS, state law also requires that this limit be published in a newspaper of 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 13 establish and adopt the 1986-87 appropriation limit of twenty seven million J:4 three hundred eighty nine thousa,•tl nine hundred thirty one dollars ($27,389,931) 15 as computed in Exhibit A attached hereto. 16 2. That the City Clerk is directed to publish this resolution in a 17 newspaper of general circulation. 18 PASSED, APPROVED AND ADOPTED at a regular 111eetin~ of the City Council of the 19 City of Carlsbad held on the ___ar.1._ day of _.,..,,,.,w .... 1 ... y __ , 1985, by the following 20 vote, to wit: 21 22 23 24 25 26 27 28 AYES: Council Members Casler, Lewis, Kulchin, Chick and Pettine NOES: None ABSENT: None MARY H. ~SLER, Mayor ATTEST: ~,ee~,~-ALETHA L. RAUTENKRANZ,citi Clerk (SEAL)