HomeMy WebLinkAbout1991-06-18; City Council; Resolution 91-187,.
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RESOLUTION NO. 91-187
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, ESTABLISHING THE 1990-91
APPROPRIATION LIMIT AND THE ESTIMATED 1991-1992
APPROPRIATION LIMIT AS REQUIRED BY ARTICLE XIIIB
OF THE CALIFORNIA STATE CONSTITUTION AND STATE LAW
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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 presented to the
governing body of each entity each fiscal year with the Operating Budget;
and
WHEREAS, state law also requires a recorded vote of the
Council regarding the adjustment factors selected for 1990-91 and 1991-92;
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.
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NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Carlsbad, California, as follows:
1.
2.
That the following recitations are true and correct.
The adjustment factors used to establish the 1990-91
appropriations limit are the California Consumer Price Index and the City of
Carlsbad population.
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3. The adjustment factors used to establish the 1991-92
appropriations limit are the California Consumer Price Index and the San
Diego County population.
4. That the City Council of the City of Carlsbad, California,
does hereby establish and adopt the 1990-91 appropriation limit of Forty-
three million, eight hundred ninety-seven thousand, six hundred and fifty-
three dollars ($43,897,653) as computed in Exhibit F attached hereto.
5. That the City Council of the City of Carlsbad, California,
does hereby establish and adopt the estimated 1991-92 appropriation limit
of Forty-seven million, one hundred thirteen thousand, eight hundred and
ninety-five dollars ($47,113,895) as computed in Exhibit F attached hereto.
That the City Clerk is directed to publish this Resolution 6.
in a newspaper of general circulation.
PASSED, APPROVED AND ADOPTED at a regular meeting of
the City Council on the 18th day of June , 1991, by the following
vote, to wit:
AYES: Council Members Lewis, Kulchin, Larson, Nygaard ar
NOES: None
ABSENT: None
Stanton
ATTEST;
(L4?L& k Qcu-
ALETHA L. RAUTENKRANZ, City C1 rk (SEAL)
CALCULATION OF APPROPRIAT~~NL~M~T
FISCAL YEAR 1990-91
1989-90 Expenditure Limit $40,647,977
lnlfation Factor:
Change in Consumer Price Index 4.21 %
Population Change 2.43 %
Net Increase Factor 106.74%
1990-91 Limit (1989-90 Limit x Factor) $43,897,653
Current Appropriation of Proceeds of Taxe $32,535,828
L NET AVAILABLE LlMK $1 1,361,825