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HomeMy WebLinkAboutResolution No. 72780 RESOLUTION NO. 7278 0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS, SUBJECT TO LIMITATION, FOR THE FISCAL YEAR 1983-84. WHEREAS, the voters of California on November 6, 1979 added Article XIII B to the State Constitution placing various limitations on the appropriations of the state and local governments; and WHEREAS, Article XIII B provides that the appropriations limit for the fiscal year 1983-84 is calculated by adjusting the base year appropriations of fiscal year 1978-79 for changes in the cost of living and population; and WHEREAS, the information necessary for making these adjustments is attached in Exhibit A; and WHEREAS, the City of Azusa has complied with all the provisions of Article XIII B in determining the appropriations suba'ect to limitation in fiscal year 1983-84 the limit shall be $6,571,309.00 for the City of Azusa. PASSED, APPROVED AND ADOPTED this 20th day of June , 1983. l I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City of Azusa, at a regular meeting thereof, held on the 20th day of June 1983, by the following vote of the Council: AYES: COUNCILMEMBERS: DECKER, HART, CRUZ, LATTA, MOSES NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE z� z CITY CLERK 0 0 CITY OF AZUSA TOTAL BUDGET, 1978-79 Less: Non Proceeds of Taxes Appropriation of estimated proceeds of taxes and proceeds of taxes from unappropriated fund balances. Add: Transfers from Enterprise Funds to General Fund Estimated proceeds of user fees in excess of associated user fees appropriations Total appropriations subject to limitation for FY 1978-79 CITY OF AZUSA Schedule to Calculate Appropriations Subjectto Limit for FY 1980-81 I FY 1978-79 appropriation base subject to limit Multiply by percentage increase in CPI for FY 1979-80 = 10.17Z (All Urban Index for the U.S. Calendar 1978) Multiply by percentage increase in population from January 1, 1977 to January 1, 1978 = 2.73% FY 1979-80 appropriation base subject to limit Multiply by percentage increase in CPI for FY 1980-81 = 10.53% (All Urban Index for the U.S. Calendar 1979) Multiply by percentage increase in population from January 1, 1978 to January, 1979 = 3.46% Multiply by percentage increase in CPI for FY 1981-82 (per capita income change) Multiply by percentage increase in population from January 1, 1980 to January 1, 1981 = 5.01% Multiply by percentage increase in CPI.for FY 1982-83 Multiply by percentage increase in population from January 1, 1981 to January 1, 1982. 1983-84 Calculation: - Personal Income Change (State Controller = 2.35%) - Population Change (1/1/82 to 1/1/83) = 1.62% - Change Factor = 1.0235 x 1.0162 = 1.0401 - Appropriation Limit EXHIBIT A $ 13,457,056 9.974,475 $ 3,509,581 $ 300,000 57,384 $ 3,866,965 $ 3,866,965 1.1017 $ 4,260,235 1.0273 $ 4,376,539 1.1211 $ 4,906,538 1.0346 $ 5,076,304 1,0912 $ 5,539,263 1,0501 $ 5,816,780 1.0679 $ 6,211,739 1.0171 $ 6,317,959 $ 6,317,959 x 1.0401 $ 6,571,309