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HomeMy WebLinkAboutResolution No. 95-C820 RESOLUTION NO. 95-C82 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA ESTABLISHING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1995-96 PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTION WHEREAS, in June of 1990 the voters of the State of California enacted Proposition 111, "The Traffic Congestion Relief and Spending Limitation Act of 1990"; and WHEREAS, this Act amended Article XIIIB of the Constitution of the State of California regarding spending limitations of cities; and WHEREAS, Article XIIIB of the California Constitution provides that the total annual appropriations subject to limitation of each governmental entity, including this City, shall not exceed the appropriation limit of such entity of government for the prior year, adjusted for changes in the cost of living or personal income and population, except as otherwise provided for in said Article XIIIB and implementing State Statutes; and WHEREAS, pursuant to said Article XIIIB of said California Constitution, and Section 7900 et seq. of the California Government Code, the City is required to set its appropriation limit for each fiscal year; and WHEREAS, the Finance Director of the City of Azusa has caused a technical review to be made of the documentation for the City's said appropriation limitation, and has caused the numbers upon which the City's appropriation limit is based to be researched and said limit to be calculated; and WHEREAS, based on such calculations, as described in the attached documentation as Exhibit A, the Finance Director has determined the said appropriation limit and, pursuant to Section 7910 of the said California Government Code, has made available to the public the documentation used in the determination of said appropriation limit; and WHEREAS, the City Council elects to utilize said calculations, which are attached for reference. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Azusa, California, that said appropriation limit for Fiscal Year 1995-96 shall be adopted in the amount of $18,302,774 for said Fiscal Year. PASSED AND ADOPTED this 3rd day of July, 1995. 0 0 I HEREBY CERTIFY that the foregoing Resolution No. 95-C82 was duly adopted by the City Council of the City of Azusa at a regular meeting thereof held on the 3rd day of July, 1995. AYES COUNCIL MEMBERS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER NOES : COUNCIL MEMBERS: NONE ABSENT . COUNCH. MEMBERS: NONE P WRDNANMaANNLMT 956 A MRTNCRCMIR IMCWDINO RROMSSION" CORPORATIONS The Honorable Mayor and City Council City of Azusa, California CERTIFIED PUBLIC ACCOUNTANTS IRVINE. CALIFORNIA 92714 (714) 474.2020 We have compiled the appropriations limitation schedules of the City of Azusa for the year ending June 30, 1996 in accordance with standards established by the American Institute of Certified Public Accountants. Our compilation was limited to presenting in the form prescribed by Article XMB of the Constitution of the State of California, certain budgetary information that is the representation of management. We have not audited or reviewed the budgetary Information referred to above and, accordingly, do not express an opinion or any other form of assurance on them. A .140opsipc/ May 24, 1995 d MEMBERS OF AICPA AND CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS MEMBER OF AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS PRIVATE COMPANIES PRACTICE SECTION • DETERMINATION OF TEE • APPROPRIATIONS LIMIT City: Azusa Fiscal Year: 95/96 Fiscal Year 1994-95 Adopted Limit Population Factor (City Growth) Inflation Factor (California per capita income) Fiscal Year 1995-96 Limit $17,263,750 1.0124 1.0472 518.302.774 0 APPROPRIATIONS SUBJECT TO LIMITATION CITY: Azusa FY: 95/9 BUDGET:-. _OR ACTUAL:_ AMOUNT A. PROCEEDS OF TAXES 9,676,539 B. EXCLUSIONS O C. APPROPRIATIONS SUBJECT TO LIMITATION 9 676 53 D. CURRENT YEAR LIMIT 18 302, 774 E. OVER/(UNDER) LIMIT (8,626,2331 0 CIN: Azusa FY: 95/96 BUDGET: X OR ACTUAL:_ REVENUE TAXES: Property Tax Sales ii Use Tax Business License Tax -Revenue Utility Users Tax Transient Occupancy Tax Special Police or Fire Admissions Tax Parking Tax (not fines) Other taxes FROM STATE Motor Vehicle In Lieu Trailer Coach In Lieu Off -Highway Vehicles Gasoline Tax Cigarette Tax Homeowners Relief Williamson Open Space Tidelands Trust S1390 Reimbursements Repealed Subventions: Liquor License fee Highway carriers Financial Aid to Locals Business Inventory 78-79 Bailout funds 0 CALCULATION OF PROCEEDS OF TAXES Funds Included: General ! Proposition A. Proposition C PROCEEDS NON -PROCEEDS OF TAXES OF TAXES TOTAL 1,416,000 700 700 20.000 ._M r - M, 0-0 Owe ow"M 1,416,000 700 700 20.000 0 OTHER GOVERNMENTS General Revenue Sharing Community Development (CDBG) Housing (HUD) C R A Reimbursement Other Redevelopment LOCALLY RAISED Special benefit assessments licenses and permits Business licenses -Regulatory Franchise fees Development fees Rents, royalties, concessions (' ) Fines, forfeitures, penalties USER FEES 0 Proceeds Non -Proceeds of Taxes of Taxes Total YN )• 16,250 16,250 1,100,000 1 1,100,000 2,087,530 2 087 530 3,341,990 3 144,274 144,274 213,800 1 213,800 411.065 1 2.452.301 2 OTHER MISCELLANEOUS Sale of property(*) 2,200 2.200 Miscellaneous 49,520 49 520 - I - SUB -TOTAL 9.664.2959.407.865 -19--0-7-2-1-670 INTEREST EARNINGS TOTAL REVENUE 9 676 39 9.419.771 19 096 310 RESERVE WITHDRAWALS (Including appropriated - - fund balance) TOTAL OF THESE FUNDS 9,676,5391 0 0 INTEREST EARNINGS PRODUCED BY TAXES CITY, Azusa FY: 95/96 BUDGET:X_OR ACTUAL:_ AMOUNT A. NON-INTEREST TAX PROCEEDS 9,664,295 S. MINUS EXCLUSIONS C. NET INVESTED TAXES 9,664,2971 0. TOTAL NON-INTEREST REVENUE PLUS RESERVE 119,072,160 WITHDRAWALS E. TAX PROCEEDS AS PERCENT OF BUDGET 0 F. INTEREST EARNINGS 24,150 G. AMOUNT OF INTEREST EARNED FROM TAXES H. AMOUNT OF INTEREST EARNED FROM NON -TAXES 11.906 0 • USER FEES AND LICENSES VERSUS COSTS City: Azusa Fiscal Year: 95/96 Budget: _X or Actual: Revenue Community Development $ 543,000 Public Safety 280,536 Parks and Recreation 191,765 Public Works 1,721,565 Transportation 126.500 Total $2.863.366 0 Costs Revenue Reasonably Borne Over (Under) Costs 1,048,771 (505,771) 606,850 (326,314) 783,058 (591,293) 1,310,500 411,065 (355,210) (11aiLM)