HomeMy WebLinkAboutCity Council Resolution 96-35 RESOLUTION NO. 96- 35
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
ESTABLISHING THE 1996-97 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 revised Proposition
111 1995-96 Fiscal Year Appropriation Limit as $15,267,720 (Fifteen
Million, Two Hundred Sixty Seven Thousand, Seven Hundred Twenty
Dollars); and
WHEREAS, to the best of this City's knowledge and belief, the State
Department of Finance figures provided to this City in response to
Proposition 111 passed by the voters in June 1990, as audited,
reflect the appropriate statistics relevant to the calculation of
the 1996-97 Fiscal Year Appropriation Limit:
Consumer Price Index change on a March-to-March basis for the
period ending March, 1996, plus 1.2% (one point two percent);
Population adjustments for 1996, plus 1.08% (one point zero
eight percent);
Per capita change in personal income for 1995 is, plus 4.67%
(four point six seven 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 1996-97 Fiscal Year
Appropriation Limit for the City of Saratoga: $16,153,314 (Sixteen
Million, One Hundred Fifty-three Thousand, Three Hundred Fourteen
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 19th day
of June, 1996, by the following vote:
AYES: Councilmembers Burger, Moran, Tucker, Wolfe and Mayor Jacobs
NOES: None
ABSENT: None
MAYOR
ATTEST:
Deputy City Clerk
0: \BUDGET\97DETAIL\APPLMT97. RSL
CITY OF SARATOGA
Gann Appropriation Limit
Years/Factors ~ouint~iiiiiiii % Chan~le Years/Factors iAmouintii i % Change
BAS'E YEAR - 78/79 "'ii~'i::~i~.!iiT~i~ CPI/PEFISONAL INCOME ' i'i':'i"i~9i~i'~'~'~ i'5.19%
POPULATION CHANGE i~i($5ti~;86~) -0,87% GANN LIMIT-89/90
ii ie80! POPULATION CHANGE 1.35%
CPI/PERSONAL INCOME . i~1iii035 10.17%
GANN LIMIT-79/80 CPI/PERSONAL INCOME 4.21%
POPULATION CHANGE 1.54% GANN LIMIT-90/91
POPULATION CHANGE i~ ~$I!i62i58iiii 1.31 %
CPI/PEBSONAL INCOME ~0i61i~i 12.11% $ii:~i2i573;3ii:0
GANN LIMIT-80/el CR/PEBSONAL INCOME ! i$520i535 4.14%
POPULATION CHANGE 0.19% GANN LIMIT-91/92 i$1i3ii093;8~
:$7~,i425ii879i! POPULATION CHANGE !:$1:93;789 1.48%
CPI/PERSONAL INCOME 9.12%
GANN LIMIT-81/82 CPI/PERSONAL INCOME -0.64%
POPULATION CHANGE 1.88% GANN LIMIT-92J93
POPULATION CHANGE 1.71 %
CPI/PERSONAL INCOME ~ i! i$560ii5~i~ 6.79%
GANN LIMtT-82/83 i~;8.1!iCii~i!i CPI/PERSONAL INCOME 2.72%
POPULATION CHANGE ~$iii!3ii224:E!i 0.15% GANN LIMIT-93/94
i~iiS~;i2~i~ i POP ULATION CHANGE ~ i i~i i $220;i698 1.60%
CP!tPERSONAL INCOME i$207:~487:~i: 2.35%
GANN LIMIT-83/84 !iiii$9i-0~;7~f5~ CPI/PERSONAL INCOME 0.71%
POPULATION CHANGE i ! i!!!!~ii$9i03~!~ 0.10% GANN LIMIT-94/95
!~i045i751 i POPULATION CHANG E 3.30%
CPI/PERSONAL INCOME :$428;769 4.74% CPI/PERSONAL INCOME iii: :: 4.72%
GANN LIMIT-84/85 COMBINED PERCENTAGE:i$~i:;~i:~;i91ili 8.18%
POPULATION CHANGE i!($89;164) -0.73% GANN LIMIT-95/96
POPULATION CHANGE : 1.08%
CPI/PERSONAL INCOME $351,760 3.74% CPI/PERSONAL INCOME 4.67%
GANN LIMIT-85/86 $9,757~1.1it COMBINED PERCENTAGE $885,594 5.80%
POPULATION CHANGE $15,6i::1. 0.16% GANN LIMIT-96197 $16,153,314
$9i772,7~28
CPI/PERSONAL INCOME $224,773 2.30%
GANN LIMIT-86/87 $9,997,i~
POPULATION CHANGE $62,~ 0.63%
$1oi06e~485
i CPI/PERSONAL INCOME ::~9;~ 3.47%
GANN LIMIT-B7/88 $1
POPULATION CHANGE :$1-23,874 1.19%
$10, 533,457
CPI/PERSONAL INCOME $490,859 4.66%! :
GANN LIMIT-88/89 $t 1,024,3-17 :
POPULATION CHANGE $146,623 1.33% :
$1 t ,170;940
RECALCULATED UNDER PROP 111 AS PASSED BY THE VOTERS IN JUNE 1990 SOURCE FOR REVISEE
C.P.I. AND COUNTY POPULATION GROWTH: STATE DEPT OF FINANCE, DEMOGRAPHIC RSRCH UNIT.
AS A RESULT OF THE PROP 111 AUDIT, THIS CALCULATION HAS BEEN CORRECTED FOR 1992-93
FORWARD, TO REFLECT GREATER OF COUNTY OR CITY POPULATION CHANGE.
O:~EIUDGE'F~~TA/1.~GA~NL~.V/KI
06/13/~6