HomeMy WebLinkAboutAgenda Statement 1984/06/26 Item 6,6a COUNCIL AGENDA STATEMENT
Item 6, 6a
Meeting Date 6/26/84
ITEM TITLE: Public Hearing - Establishing an appropriations limit for
fiscal year ending June 30, 1985
a. Resolution ,473Adopting an appropriations limit for fiscal
year ending June 30, 1985
SUBMITTED BY: Director of Finance (4/5ths Vote: Yes No X )
REVIEWED BY: City Manager
Government Code Section 7910 requires each local government to establish its
Gann (Article XIIIB of the California Constitution) appropriations limit by
resolution each year at a regularly scheduled meeting or noticed special
meeting.
RECOMMENDATION: That the City Council adopt a resolution establishing an
appropriations limit of $25,036,238 for the 1984/85 fiscal year.
BOARDS/COMMISSIONS RECOMMENDATION: Not applicable.
DISCUSSION:
Article XIIIB of the California Constitution specifies that appropriations
financed from "Proceeds of Taxes" may increase annually by the change in
population of the city and the change in the U. S. Consumer Price Index or
California per capita personal income, whichever is less.
"Proceeds of Taxes" includes such revenues as property taxes, sales and use
taxes, utility users taxes, transient occupancy taxes, and state subventions.
Revenues from other sources like fees/charges and federal grants are
considered "Non-Proceeds of Taxes" and not subject to limit.
The State Department of Finance is charged with providing the data necessary
for local jurisdictions to establish their appropriation limit. Based on this
data, the 1984-85 appropriation limit has been calculated as follows:
Fiscal Year 1983-84 Appropriation Limit $23,543,017
Increase by the March to March U. S. All
Urban Consumer Price Index (CPI) x 1 .0474 (4.74%)
Increase by the Population Change in Chula
Vista from January 1 , 1983, to January 1 , 1984 x 1 .0153 (1 .53%)
FISCAL YEAR 1984-85 APPROPRIATIONS LIMIT $25,036,238
FISCAL IMPACT: Not applicable.
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