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HomeMy WebLinkAbout1982-05-25; City Council; Resolution 68834 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. 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