HomeMy WebLinkAboutAGENDA REPORT 1998 0617 CC REG ITEM 11C?08 1 ?14
ITEM 1,1409
AGENDA REPORT CITY OF MOORPARK, CALIFORNIA
CITY OF MOORPARK City Council Meeting
of L°-11-cl$
TO: Honorable City Council ACTION: {-d DQ fed Re50. N°_'
q8- I►41-7
FROM: Martin R. Cole, Senior Management Analys
Department of Administrative Services BY: `71"
DATE: June 5, 1998 (CC Meeting of June 17, 1998)
SUBJECT: Consider Resolution 98- establishing the City of Moorpark's "Gann
Appropriation Limit" for Fiscal Year 1998/1999
BACKGROUND
Government Code Section 7910 requires each governmental entity within California to
establish its annual appropriation limit by resolution at a regularly scheduled or noticed
special meeting of the entity. The attached resolution complies with the referenced
section of the government code and Article XIII B of the State Constitution. As you will
note by the attached resolution, no taxes will be collected in excess of our
appropriation limit in Fiscal Year 1998/1999.
DISCUSSION
In 1994, the Ventura County Superior Court validated the City's process used to correct
a divergence between revenue projections by LAFCO at the time of the City's
incorporation and actual receipts. Based upon the Court's decision, the base year
appropriation limit was adjusted to $2,400,000 (with the base year being FY 1983/1984,
the City's first year of incorporation). The Gann Appropriation Limit for Fiscal Year
1997/1998 was $11,011,629. Utilizing the methodology required by Section 7910
which takes into account a growth in population and a per capita price factor (to
account for changes in the cost of living), staff has calculated the "Gann Appropriation
Limit" for FY 1998/1999 to be $11,780,241 (with a per capita personal income change
factor of 4.15 and a population change factor of 2.72). Please note that capital project
appropriations are not subject to the Gann Appropriation Limit. The City's estimated
appropriation for FY 1998/1999 net of capital projects is well below this ceiling.
RECOMMENDATION
That the City Council adopt Resolution No. 98 - establishing the City's Gann
Appropriation Limit for Fiscal Year 1998/1999.
ooul.k_
RESOLUTION NUMBER 98 -
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK
ESTABLISHING THE CITY'S APPROPRIATION LIMIT FOR FISCAL YEAR 1998/1999
WHEREAS, Article XIII B of the State Constitution limits annual appropriations of
state and local governments; and
WHEREAS, Government Code Section 7910 requires that a city establish its
annual appropriation limit by resolution at a regularly scheduled or noticed special
meeting; and
WHEREAS, the Fiscal Year 1998/1999 appropriation limit has been calculated
in accordance with the State Constitution and applicable sections of the Government
Code by adjusting the Fiscal Year 1997/1998 appropriation limit of $11,011,629 for a
per capita change of 4.15% and a population change of 2.72% as determined by the
State Department of Finance.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
RESOLVE AS FOLLOWS:
Section 1. The appropriation limit for Fiscal Year 1998/1999 is hereby declared
to be $11,780,241.
PASSED, APPROVED AND ADOPTED this 17th day of June, 1998.
Patrick Hunter
Mayor
ATTEST:
Deborah Traffenstedt
City Clerk