HomeMy WebLinkAboutAGENDA REPORT 2008 0618 CC REG ITEM 10DTO:
FROM:
BY:
DATE:
MOORPARK CITY COUNCIL
AGENDA REPORT
Honorable City Council
Hugh Riley, Assistant City Manager__�
Steve Klotzsche, Interim Finance Director
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City Council Meeting
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ACTION:
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June 3, 2008 (Council Meeting of June 18, 2008)
SUBJECT: Consider Resolution Establishing the Appropriation Limitation for
Fiscal Year 200812009 for the City of Moorpark at $22,189,171
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 or increases in the
non - residential new construction. For FY 2007/2008 the limitation was $20,788,056.
The information provided by the State Department of Finance, as required by the
Government Code, indicated a 4.29% change in cost index and a 2.13% change in
population. Information regarding the changes in non - residential new construction of
4.51 % has been provided by the City's property tax consultants (HDL). Accordingly, the
City of Moorpark's limitation for Fiscal Year 2008/2009 is $22,189,171. General Fund
appropriations which are subject to this limitation (some appropriations are exempt) for
FY 2008/2009 are estimated to be $10,169,255 which is well below this amount.
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Honorable City Council
June 18, 2008
Page 2
STAFF RECOMMENDATION
Adopt Resolution No. 2008 -
Attached: Resolution No. 2008 -
Appropriation Limit Calculation
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RESOLUTION NO. 2008-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S
APPROPRIATION LIMITATION FOR FISCAL YEAR 2008/2009
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 2008/2009 appropriations limitation has been
calculated in accordance with the State Constitution and applicable sections of the
Government Code by adjusting its Fiscal Year 2007/2008 appropriations limit of
$20,788,056 by a non - residential new construction change of 4.51% and a City of
Moorpark population change of 2.13% as determined by the California Department of
Finance.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The appropriations limitation for the City of Moorpark during Fiscal
Year 2008/2009 is hereby determined to be $22,189,171.
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 18th day of June, 2008.
Patrick Hunter, Mayor
ATTEST:
Deborah S. Traffenstedt, City Clerk