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HomeMy WebLinkAboutAGENDA REPORT 1999 0616 CC REG ITEM 11Fim FROM: DATE: MOORPARK CITY COUNCIL AGENDA REPORT Honorable City Council ITEM I 1• CITY OF MOORP.RK, C - NLIFORIVIA 014 Coll Nleefing Of —0-i& -q-1 ACTION: 1 ff (MOlf;1'filr(1 LL 0161- I(c)7 BY: John E. Nowak, Assistant City Manager 04 June 1999 (Council Meeting of 06- 16 -99) SUBJECT: Consider Resolution No. 99 -- Adopting the Appropriations Subject to Limitations for Fiscal Year 1999 - 2000 for the City of Moorpark. BACKGROUND: Proposition 4 was approved by the voters of California in 1979 adding Article XIII B to the State Constitution. The Proposition places a limit on the growth of general fund appropriations by government entities. DISCUSSION: Proposition 4 (the "Gann Limitations ") was adopted by California voters in November 1979 and added Article XIII B to the State Constitution. The Proposition limited the growth in appropriations of state and local governments to the increase in the jurisdiction's population and the increase in the State price index. For FY 1998/99 the limitation was $11,780,241. The information provided by the State Department of Finance, as required by the Government Code, indicated a 4.53% change in price index and a 0.64% change in population for a combined increase of 5.2 %. Accordingly, the City of Moorpark's limitation for Fiscal Year 99/00 is $12,392,814. The actual General Fund appropriations for FY 99/00 are well below this amount. RECOMMENDATION: Staff recommends that the City Council adopt Resolution No. 99 -- establishing the City's Appropriations Subject to Limitation for Fiscal Year 1999/2000 at $12,392,814. 000687 RESOLUTION NO. 99- A RESOLUTION OF THE CITY OF MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S APPROPRIATION SUBJECT TO LIMITATION FOR FISCAL YEAR 1999/2000 WHEREAS, Article XIII B of the State Constitution limits annual appropriations for certain general fund revenues for state and local governments; and WHEREAS, Government Code Section 7910 requires that a city establish its annual appropriations limitation by resolution at a public meeting of the legislative body; and WHEREAS, the Fiscal Year 1999/2000 appropriations subject to limitation has been calculated in accordance with the State Constitution and applicable sections of the Government Code by adjusting its Fiscal Year 1998/1999 appropriations limit of $11,780,241 by a cost index change of 4.53% and a population change of 0.64% as determined by the California Department of Finance. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The appropriations subject to limitation for the City of Moorpark during Fiscal Year 1999/2000 is hereby determined to be $12,392,814. SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original Resolutions. PASSED AND ADOPTED this 16th day of June 1999. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk tll.::