HomeMy WebLinkAboutResolution No. 3963 RESOLUTION NO. 3963
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
APPROVING AND ADOPTING THE 1978 -79 BASE YEAR APPROPRIA-
TIONS LIMIT AND THE ANNUAL APPROPRIATIONS LIMIT FOR
FISCAL YEAR 1980 -81 AND RESCINDING RESOLUTION NO. 3903
WHEREAS, the voters of California on November 6, 1979, added Article
XIII -B to the State Constitution placing various limitations on the appropria-
tions of the State and local governments; and
WHEREAS, Article XIII -B provides that the appropriations limit for the
fiscal year 1980 -81 is calculated by adjusting the base year appropriations
of fiscal 1978 -79 for changes in cost of living or per capita personal income
(whichever is less) and population; and
WHEREAS, the information necessary for making these adjustments is
attached in Exhibits 1 and II; and
WHEREAS, the City of Downey has complied with all the provisions of
Article XIII -B in determining the base appropriations limit for 1978 -79 and
the appropriations limit for fiscal year 1980 -81.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS
FOLLOWS:
SECTION 1. The base appropriations limit for 1978 -79 be $13,389,703,
and the appropriations subject to limitation in fiscal 1980 -81 shall be
$16,330,110 for the City of Downey.
SECTION 2. Resolution No. 3903 hereby is rescinded.
SECTION 3. The City Clerk shall certify to the passage and adoption of
this Resolution and shall enter the same in the book of original Resolutions
of said City.
APPROVED AND ADOPTED this 26th day of May, 1981.
r Milton R. Mackaig, Mayor
ATTEST: 4
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City Clerk
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the
City Council of the City of Downey at a regular meeting thereof held on the
26th day of May, 1981, by the following vote, to wit:
AYES: 5 Council Members: Swearingen, Quinn, Cormack, Jackman, Mackaig
- -- NOES: 0 Council Members: None
ABSENT: 0 Council Members: None
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RESOLUTION NO. 3963 Revised
5/5/81
EXHIBIT I
1980 -81 APPROPRIATIONS LIMIT
Analysis of Revenue
Total Governmental Fund Revenues $18,027,300
Less Non Proceeds of Taxes (5,362,690)
Proceeds of Taxes 1980 -81 $12,664,610
1980 -81 Appropriations $28,977,525
Less Non Proceeds of Taxes (5,362,690)
Sub Total 23,614,835
Less Appropriation not Subject to Limit (10,327,110)
1980 -81. Appropriations Subject to Limit $13,287,725
1978 -79 Base Appropriation Limit $13,389,703
Plus Change in CPI 1978 -79 10.17% 1,361,733
Sub Total 14,751,436
Less Decrease in Population 1/1/79 -.68% (100,310)
Appropriations Limit 1979 -80 14,651,126
Plus Change in Per Capita Personal Income
1979 -80 12.11% 1,774,251
Sub Total 16,425,377
Less Decrease in Population 1/1/80 -.58% (95,267)
Appropriations Subject to Limit 1980 -81 $16,330,11.0
RESOLUTION NO. 3963
EXHIBIT II
1978 -79 BASE YEAR APPROPRIATION LIMIT
Analysis of Revenues
Total Governmental Fund Revenues $16,082,802
Less Non Proceeds of Taxes 4,882,622
Sub Total 11,200,180
Plus User Fees in Excess of Cost 83,732
Plus Deferred Revenue 252,470
Plus 1978 -79 Property Taxes Received in 1980 -81 300,000
Proceeds of Taxes 1978 -79 $11,836,382
Total 1978 -79 Amended Appropriations $24,872,257
Less Non Proceeds of Taxes 4,882,622
Sub Total 19,989,635
Less Appropriations. not Subject. to Limit 7,317,282
12,672,353
Plus User Fees Exceeding Costs 83,732
Plus Appropriations to Reserves 633,618
1978 -79 Base Appropriation Limit $13,389,703