Loading...
HomeMy WebLinkAboutAGENDA REPORT 1991 0619 CC REG ITEM 08FITEM.S. MOORPARK 799 Moorpark Avenue M(, )rpark, California 93021 M E M O R A N D U M (805) 529 -6864 MOORPAN, CALIFORNIA City Council Meeting of 1991 % /--7 TO: Honorable City Ccuncil FROM: Richard Hare, Deputy City Manag r DATE: June 14, 1991 SUBJECT: Adoption of Appropriation Limit Resolution BACKGROUND Government Code Section 7910 :,equires each governmental entity to establish its annual appropriation limit by resolution. The attached resolution complies with the referenced section of the gover -ment cede and Article XIII B of the State Constitution. On June 7, 1988, the voters approved Measure C which increased the City's appropriation limit for the four year period of 1986/87 through 1989/90.. On June 27, 1990, the Council authorized the use of '$39,380 of. projected excess proceeds of taxes from fiscal yc.ar 1990/1991 to reduce the 1990/91 assessments from the Parks Maintenance Assessment District. The balance of any prc >:_eeds of taxes collected in excess of the 1990/91 fiscal yeaa's appropriation limit was not appropriated. These funds w 11. remain reserved in Fund 51 until a further determinatior can be made concerning the appropriate uses allowed per the State Constitution, proposition 11.1 arid. Senate a. 813 which mplements proposition ill. RECOMMENDATION Approve Resolution appropriation :Limit. RES:APPRO.LMT PAUL W. LAWRASON JR. BERNARDO M PEREZ Mayor Mayor Pro Tem ��- 76 > establishing the SCOTT MONT :)ME R ROY E. TALLEY JR Couru„ilrn, Oer Coundimembe, City's JOHN E. WOZNIAK Councilmember RESOLUTION N( 91 - A RESOLUTION OF THE _'ITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S APPROPRIATION LIMIT FOR THE 1991/92 FISCAL YEAR AND ESTTABLISHING A GANN FUND WHEREAS, Article XIII B of t ie State Constitution limits the annual appropriations of state cid Local governments; and WHEREAS, Government Code .ection 7910 requires that a governmental entity establish is annual appropriation limit pursuant to Article XIII B by res lut.ior. at a regularly scheduled or noticed special meeting; and WHEREAS, as a newly i.nc)rporated city, the City of Moorpark's initial appropriatic.i limit was determined to be $900,000 for the 1983/84 Fiscal 'ear; and WHEREAS, the appropriation .::,mj* fcr subsequent fiscal years were calculated to be as follow! 1984/85 $1,083,776 1985/86 $1,320,501 1986/87 $1,523,379 1987/88 $1,751,145 _988/89 2,337,201 _989/'90 2,707,050 '.990!91 2,940,628 WHEREAS, On June 7, 19813, ~.he voters approved Measure C which increases the City's Approl.riation Limit for the four year period of 1986/87 through 1989/9) by the amount of the proceeds of taxes collected in excess of ,aid Limit for each year of the aforementioned four year period. is provided for in Article XIII B of the State Constitution; iric WHEREAS, the 1990/91 apps priation limit was $2,940,628 based on a population growth of .L4 -% and a price factor change growth of 4.210; and WHEREAS, the appropriations :imit is allowed to increase by 2.63% for the population change ri the City and by 4.14% for the price factor and is calculates a 52,14:,910 for 1991/92; and NOW, THEREFORE, THE CITY C 'JNCIL OF THE CITY OF MOORPARK CALIFORNIA, DOES RESOLVE to here .y establish the Appropriations Limit for the City of Moorp ir.- f �r- ''iscal Year 1991/92 as $3,142,910. C PASSED AND ADOPTED this _ day of 1991. ATTEST: Lillian Kellerman, City Clerk? City of Moorpark, CA RES:GANNFUND Paul W. Lawrason Jr -. Mayc: r