HomeMy WebLinkAboutCity Council Resolution 2662 RESOLUTION NO. 2662
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
ESTABLISHING THE 1990-91 FISCAL YEAR
APPROPRIATION LIMIT FOR THE CITY OF SARATOGA
WHEREAS, the City of Saratoga has established its Base Year
appropriation limit as $5,961,747 (Five Million, Nine Hundred
Sixty-one Thousand, Seven Hundred Forty-seven Dollars); and
WHEREAS, the cumulative appropriate changes to the City's
population, the Consumer Price Index, and per capita income
statewide since the Base Year established the 1989-90 Fiscal Year
Appropriations Limit as $11,462,315 (Eleven Million, Four Hundred
Sixty-two Thousand, Three Hundred Fifteen Dollars); and
WHEREAS, to the best of this City's knowledge and belief, the
State Department of Finance figures provided to this City reflect
the appropriate statistics relevant to the calculation of the
1990-91 Fiscal Year Appropriation Limit:
Consumer Price Index change on a March-to-March basis for
the period ending March, 1990, plus 4.21% (four point two
one percent);
Population adjustments for 1990, plus 1.35% (one point three
five percent).
NOW, THEREFORE, it is hereby resolved as follows:
Section 1: Based on the foregoing figures and the provisions of
Article XIIIB of the Constitution of the State of California, the
following figure accurately represents the 1990-91 Fiscal Year
Appropriation Limit for the City of Saratoga: $12,106,134
(Twelve Million, One Hundred Six Thousand, One Hundred Thirty-
four Dollars).
Section 2: The City Clerk shall certify to the passage of this
resolution.
The above and foregoing resolution was passed and adopted at a
regular meeting of the Saratoga City Council held on the 20th day
of June, 1990, by the following vote:
AYES: Councilmembers Moyles, Peterson, Stutzman and Mayor Clevenger
NOES: None
ABSENT: Counci lmember Anderson
MAYOR
ATTEST:
beputy City Clerk ~
FILENAME: LIMIT
CITY OF SARATOGA SOURCE:
APPROPRIATIONS LIMIT PRICE AND POPULATION DATA
JUNE 30, 1990 FOR LOCAL JURISDICTIONS
MAY 1, 1990
BASE YEAR-78/79 $5,961,747
POP CHANGE ($51,867) -0.87%
$5,909,880
CPI/PERSONAL iNCOME $601,035 10.17%
GANN LIMIT-79/80 $6,510,915
POP ~GE $100,268 1.54%
$6,611,183
CPI/PERSONAL INCOME $800,614 12.11%
GANN LIMIT-80/Sl $7,411,797
POP CMANGE $14,082 0.19%
$7,425,879
CPI/PERSONAL INCOME $677,240 9.12%
GANN LIMIT-81/82 $8,103,119
POP CHANGE $152,339 1.88%
$8,255,458
CPI/PERSONAL INCOME $560,546 6.79%
GANN LIMIT-82/83 $8,816,004
POP C~GE $13,224 0.15%
$8,829,228
CPI/PERSONAL INCOME $207,.487 2.35%
GANNLIMiT-83/84 $9,036,715
POP CHANGE $9,037 0.10%
· $9,045,751
CPI/PERSONAL INCOME $428,769 4.74%
GANN LIMIT-84/85 $9,474,520
POP ~GE ($69,164) -0.73%
$9,405,356
CPI/PERSONAL INCOME $351,760 3.74%
GANN LIMIT-85/86 $9,757,116
POP CHANGE $15,611 0.16%
$9,772,728
CPI/PERSONAL INCOME $224,773 2.30%
GANN LIMIT-86/87 $9,997,500
POP C~ANGE $61,985 0.62%
$10,059,485
CPI/PERSONAL INCOME $305,808 3.04%
GANN LIMIT-87/88 $10,365,293
POP CHANGE $67,374 0.65%
$10,432,668
CPI/PERSONAL INCOME $410,004 3.93%
GANN LIMIT-Be/89 $10,842,671
POP C~GE $75,899 0.70%
$10,918,570
CPI/PERSONAL INCOME $543,745 4.98%
GANN LIMIT-89/90 $11,462,315
POP CHANGE $154,741 1.35%
$11,617,056
CPI/PERSONAL INCOME $489,078 4.21%
GANN LIMIT-90/91 $12,106,134