HomeMy WebLinkAboutCity Council Resolution 09-031A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
ESTABLISHING THE FISCAL YEAR 2009/10 GANN LIMIT APPROPRIATION
FOR THE CITY OF SARATOGA
WHEREAS, the City of Saratoga has established its Base Year Appropriation Limit as
$5,961,747 in Fiscal Year 1978/79; and
WHEREAS, the cumulative changes to population and to the California per capita personal
income since the Base Year established the revised Proposition 111 Fiscal Year 1996/97 Appropriation
Limit as $16,153,314, and
WHEREAS, to the best of the City's knowledge and belief, the State Department of Finance
figures provided to the City in response to Proposition 111 passed by the voters in June 1990, reflects the
appropriate statistics relevant to the calculation of the Fiscal Year 2009/10 Appropriation Limit, which
includes:
County population adjustments for the year ended December 31, 2008 equal to 1.56 and
City population adjustment for the year ended December 31, 2008 equal to .70 and
Change in Cahfornia per capita cost of living for fiscal year 2009/10 equal to .62%
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby
resolves that, based on the foregoing figures and the provisions of the Article XIIIB of the Constitution of
the State of California, the following figure accurately represents the Fiscal Year 2009/10 Appropnation
Limit for the City of Saratoga at: $31,261,971
The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City
Council held on the 3r day of June 2009 by the following vote:
AYES: Councilmember Susie Nagpal, Howard Miller, Jill Hunter, Vice Mayor Kathleen King,
Mayor Page
NOES: None
ABSENT: None
ABSTAIN: None
RESOLUTION NO. 09-031
Chuck Page, Mayor
For Beginning
YE Appropriation
June 30 Limit
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
13,793,609
14,113,809
15,115,486
15,992,250
17,222,848
18,317,873
19,478,927
20,768,439
22,721,701
23,092,833
23,694,794
24,471,983
26,078,624
27,203,516
28,837,681
30,592,105
Increase in
County
Population
1.0156 X
APPROPRIATION LIMIT FACTORS
County City Per
Population Population Capita
Factor Factor Income
1.0160 1 0050 1.0071
1.0170 1.0227 1.0472
1 0108 1 0071 1.0467
1.0216 1.0289 1.0467
1.0212 1.0154 1.0415
1.0173 1.0072 1.0453
1.0163 1 0055 1.0491
1.0147 1.0055 1.0782
1.0125 1.0191 0.9873
1.0079 1.0029 1 0231
1.0072 1.0000 1.0328
1 0112 1.0124 1.0526
1.0118 1.0034 1.0396
1.0152 1.0138 1.0442
1.0172 1.0077 1.0429
1,0156 1.0070 1.0062
Change in
Per Capita
Income
2009/10
Tax
Revenues
10,181,000
FY 2009/10 Calculation
Appropriation
Factor
Percentage of Appropriation
2009/10
Appropriation
Limit
31,261,971
2007/08
Appropriation
Limit
Percentage
of
Limit
33%
Attachment A
Ending
Appropriation
Limit
14,113,809
15,115,486
15,992,250
17,222,848
18,317,873
19,478,927
20,768,439
22,721,701
23,092,833
23,69'4,794
24,471,983
26,078,624
27,203,516
28,837,681
30,592,105
31,261,971
2009/10
Appropriation
Limit
1.0062 1 0219 X 30,592,105 31,261,971
Limit
Increase
2.32%
7.10%
5.80%
7.69%
6.36%
6.34%
6.62%
9.40%
1.63%
2.61%
3.28%
6.57%
4.31%
6.01%
6.08%
2.19%