HomeMy WebLinkAboutResolution No. 3979 RESOLUTION NO. 3979
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF DOWNEY APPROVING AND ADOPTING THE
ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR
1981 - 82
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 1981 -82 is calculated by adjusting the appropriations limit for
Fiscal 1980 -81 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 EXHIBIT I and
WHEREAS, the City of Downey has complied with all the provisions of
Article XIII -B in determining the appropriations limit for fiscal year 1981 -82;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS
FOLLOWS:
SECTION 1. The appropriation limit for 1981 -82 shall be $17,774;867,
for the City of Downey.
SECTION 2. 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 23rd day of June 1981.
._ .,
Milton R. Mackaig, Mayor
ATTEST:
�' I : //
ity 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
23rd day of June 1981, by the following vote, to wit:
AYES: 5 Council Members: Swearingen, Quinn, Cormack, Jackman, Mackaig
— NOES: 0 Council Members:
ABSENT: 0 Council Members:
7: , // /,,,'
City lerk �'
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RESOLUTION NO.
EXHIBIT 1
1981 -82 APPROPRIATIONS LIMIT
Analysis of Revenue
Total Governmental Fund Revenues $21,439,390
Less Non Proceeds of Taxes (8,711,150)
Plus User Fees in Excess of Cost 17,304
Proceeds of Taxes 1981 -82 $12,745,544
1981 -82 Appropriations $26,477,825
Less Non Proceeds of Taxes (8,711,150)
Sub Total 17,766,675
Less Appropriation not Subject to Limit (6,080,010)
Plus User Fees in Excess of Costs 17,304
Plus Contingency 1,139,651
Appropriations Subject to limit 1981 -1982 $12,843,620
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 State 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 $16,330,110
Plus Change in Per Capita Personal Income
1980 -81 9.12% 1,489,306
Sub Total 17,819,416
Less Decrease in Population 1/1/81 - .25% (44,549)
Appropriations Limit. 1981 -1982 $17,774,867