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HomeMy WebLinkAbout1981-06-23; City Council; Resolution 65921 Ct 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 6592 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, REQUIRED BY ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION AND STATE LAW. CALIFORNIA, ESTABLISHING THE 1980-81 APPROPRIATION LIMIT AS WHEREAS article XIIIB of the California State Constitution requires that governments annual ly establish a 1 imi t on the appropri atior; of woceeds of taxes; and HHEREAS state law requires that this limit be formally adopted by the governing 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 of general circulation to allow pub1 ic response to the 1 imi t as adopted, NOW, THEREFORE, BE IT RESOLVED as follows: 1. That the City Council of the City of Carlsbad, California, does hereby establish ar?d adopt the 1980-81 appropriation limit of fifteen million seven hundred twenty six thousand six hundred seventy three dollars <$15,726,673) as computed in exhibit A attached hereto. 2. That the City Clerk is directed to publish this resolution in a newspaper of general ci rcul ation. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Carlsbad held on the 23rd day of June , 1981 , by the following vote, to wit: AYES: NOES : None Council Menhers Packard, Casler, hear, Lewis and Kulchln ABSENT: None ATTEST: , Deputy City Clerk (SEAL) c t EXHeT A (Page 1 of 2) June 12, 7981 Table I Computation of 1980-81 Apprcrpr; ati on Limi t 1978-79 Appropriation Limit Based on appropriations from proceeds of taxes in 1978-79 7979-80 Appropriation Limit Inflation factor: CPI Change = 10.17% Population Change = 18.46% Factor = 1.1017 X 1.9846 Factor = 1.3051 9979-80 limit = factor- X 1978-79 appropriation limit 1979-80 limit = 1,3051 X $10,216,335 - - 1980-81 Appropriation Limit Inflation factor: Change in State Per Capita Income = 12.19% Population Change = 5.27% Factor = 1.12.- X 1.0521 Factor = 1.1795 1980-81 limit = factor X 1979-80 appropriation 19”it 1980-81 limit = 1.1795 X $13,333,339 - - Amount $70,216,335 $73,333,339 $1 5 726,673 T A (Page 2 of 2) ExHe Table I1 Appropriations from Proceeds af Taxes 1980-81 ’ Total Proceeds Fund Appropriations ~f Taxes General $11,070,299 $ 9,829,299 Gas Tax Sanr” tation Street Lighting Revenue S hari ng Park In-Lieu Redevelopment Sewer Construction Water General Reserves Library CLSA Bond Debt Service CD Block Grant Housing Authority 440 100 606,813 292 153 I.,45l9P1B 240,000 59,430 3 684 , PO3 3,683,793 12 , 000 146 09% 241 000 539,328 2,114,449 ’ ,. 440 9 PO0 59,430 Public Facilities Fee 131 , 000 TOTAL ALL FUNDS $24,711,666 $10,328,829 1980-81 Appropriation Limit $15,726,673 Amount Actual 80-81 Appropriations Below Limit $ 5,397,844 June 12,1982 Nan Proceeds OP Taxes 606 $13 292,153 1,451,PlE 240,000 2 , f 14,449 3 684 , P 03 3,683,793 12,000 E46,095 241 .OOQ 539,320 SC31,OQO $24,382,837