HomeMy WebLinkAboutCity Council Resolution 91-48 RESOLUTION NO. 91-48
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
ESTABLISHING THE 1991-92 FISCAL YEAR
APPROPRIATIOM 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 MuMred 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 revised Proposition
111 1990-91 Fiscal Year Appropriations Limit as $12,408,281 (Twelve
Million, Four Hundred Eight Thousand, Two Hundred Eighty One
Dollars)~ and
WHEREAS, to the best of this City's knowledge and belief, the
revised State Department of Finance figures provided to this City
in response to Proposition 111 passed by the voters in June 1990,
reflect the appropriate statistics relevant to the calculation of
the 1991-92 Fiscal Year Appropriation Limit:
Consumer Price Index change on a March-to-March basis for the
period ending March, 1991, plus 4.14% (four point one four
l)ercent);
Population adjustments for 1991, plus 1.31% (one point three
one percent).
NOW, THEREFORE, it is hereby resolved as follows:
Section 1: Based on the foregoing figures and the provisions of
ArtiCle XIII8 of the Constitution of the State of California, the
following figure accurately represents the 1991-92 Fiscal Year
Appropriation Limit for the City of Saratoga: $13,091,262
(Thirteen Million, Ninety-one Thousand, Two Hundred Sixty-two
Dollars).
~: 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 19th day
of June, 1991, by the following vote:
AYES: Councilmembers Anderson, Kohler, Monia and Mayor Stutzman
NOES ~ None
A3iSENT: Councilmember Clevenger It~YOR
D~OUty Cfty Clerk d
APPROPRIATIONS LIMIT--6/30/91
BASE YEAR - 78/79 $5,961,747
POPULATION CHANGE ($51,867) -0.87%
$5,909,880
CPI/PERSONAL INCOME $601,035 I0 17%
GANN LIMIT-79/80 $6,510,915
POPULATION CHANGE $100,268 1 54%
$6,611,183
CPI/PERSONAL INCOME $800,614 12 11%
GANN LIMIT-80/81 $7,411,797
POPULATION CHANGE $14,082 0 19%
$7,425,879
CPI/PERBONAL INCOME $677,240 9 12%
GANN LIMIT-81/82 $8,103,119
POPULATION CHANGE $152,339 1 88%
$8,255,458
CPI/PERSONAL INCOME $560,546 6 79%
GANN LIMIT-82/83 $8,816,004
POPULATION CHANGE $13,224 0 15%
$8,829,228
CPI/PERSONAL INCOME $207,487 2 35%
GANN LIMIT-83/84 $9,036,715
POPULATION CHANGE $9,037 0 10%
$9,045,751
CPI/PERSONAL INCOME $428,769 4 74%
GANN LIMIT-84/85 $9,474,520
POPULATION CHANGE ($69,164) -0 73%
$9,405,356
CPI/PERSONAL INCOME $351,760 3 74%
GANN LIMIT-85/86 $9,757,116
POPULATION CHANGE $15,611 0 16%
$9,772,728 PROP 111
CPI/PERSONAL INCOME $224,773 2 30%
GANN LIMIT-86/87 $9,997,500 $9,997,500
POPULATION CHANGE $61,985 0 62% $62,984 0 63%
$10,059,485 $10,060,485
CPI/PERSONAL INCOME $305,808 3 04% $349,099 3 47%
GANN LIMIT-87/88 $10,365,293 $10,409,583
POPULATION CHANGE $67,374 0 65% $123,874 1 19%
$10,432,668 $10,533,457
CPI/PERSONAL INCOME $410,004 3 93% $490,859 4 66%
GANN LIMIT-88/89 $10,842,671 $1t,024,317
POPULATION CHANGE $75,899 0 70% $146,623 1 33%
$10,918,570 $11,170,940
CPI/PERSONAL INCOME $543,745 4 98% $579,772 5 19%
GANN LIMIT-89/90 $11,462,315 $11,750,712
POPULATION CHANGE $154,741 1 35% $156,284 1 33%
$11,617,056 $11,906,996
CPI/PERSONAL INCOME $489,078 4 21% $501,285 4 21%
GANN LIMIT-90/91 $12,106,134 $12,408,281
POPULATION CHANGE ($41,161) -0 34% $162,548 1 31%
$12,064,973 $12,570,829
CPI/PERSONAL INCOME $499,490 4 14% $520,432 4 14%
GANN LIMIT-91/92 $12,564,463 $13,091,262
RECALCULATED UNDER PROP 111 AS PASSED BY THE VOTERS IN JUNE 1990
SOURCE FOR REVISED C.P.I. AND COUNTY POPULATION GROWTH:
STATE DEPT OF FINANCE, DEMOGRAPHIC RESEARCH UNIT