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HomeMy WebLinkAboutResolution No. 5452 RESOLUTION NO. 5452 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 1991 -92 WHEREAS, the voters of California on November 6, 1979 added Article XIII -B to the State Constitution placing various limitations on the appropriations of the State and local governments; and WHEREAS, Article XIII -B provides that the appropriations limit for the Fiscal Year 1991 -92 is calculated by adjusting the appropriations limit for fiscal 1990 -91 for changes in the 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 1991 -92; and WHEREAS, Proposition 111, which modifies the appropriations limit, was passed on the June 5, 1990 ballot. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: Section 1. The appropriation limit for 1991 -92 shall be $29,614,764 for the City of Downey. Section 2. The appropriations subject to the limit contained in the 1991- 92 Budget are $22,910,538. Section 3. The City shall recalculate the appropriations limit and appropriations subject to the limit in order to comply with the new provisions contained in Proposition 111 once the necessary data is available. Section 4. The City Clerk shall certify to the passage and adoption of this Resolution and shall enter same in the book of original resolutions of said City. -1- bl C:appro -limit Resolution No. 5452 Page 2 APPROVED AND ADOPTED THIS 25th day of June , 1991. Mayor Q ATTEST: 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 hereof, held on the 25th day of me , 1991, by the following vote, to wit: AYES: 5 COUNCILMEMBERS Boggs, Hayden, Brazelton, Cormack, Paul NOES: 0 COUNCILMEMBERS None ABSTAINED: 0 COUNCILMEMBERS None � i ABSENT: 0 COUNCILMEMBERS None '= ` City Clerk -2- bl C:appr•o- timit RESOLUTION NO. 5452 EXHIBIT I 1991 -92 APPROPRIATION LIST Price 12.11% 1.1211 Population (.58 %) .9942 Combined Factor 1.1146 1979 -80 Limit $14,651,126 1980 -81 Limit $16,330,110 Price 9.12% 1.0912 Population (.25 %) .9975 Combined Factor 1.088472 1980 -81 Limit $16,330,110 1981 -82 Limit $17,774,867 Price 6.79% 1.0679 Population .12% 1.0012 Combined Factor 1.0691815 1981 -82 Limit $17,774,867 1982 -83 Limit $19,004,559 Price 2.35% 1.0235 Population .68% 1.0068 Combined Factor 1.03046 1982 -83 Limit $19,004,559 1983 -84 Limit $19,583,434 Price 4.74% 1.0474 Population .42% 1.0042 Combined Factor 1.0518 1983 -84 Limit $19,583,434 1984 -85 Limit $20,597,855 Price 3.74% 1.0374 Population .21% .0021 Combined Factor 1.0396 1984 -85 Limit $20,597,855 1985 -86 Limit $21,413,530 bl C:Gann -Lim RESOLUTION NO. 5452 EXHIBIT I 1991 -92 Appropriation List Page 2 Price 2.30% 1.0230 Population 1.57% 1.0157 Combined Factor 1.039061 1985 -86 Limit $21,413,530 1986 -87 Limit $22,249,963 Price 3.47% 1.0347 Population 1.91% 1.0191 Combined Factor 1.0538 1986 -87 Limit $22,249,963 1987 -88 Limit $23,447,011 Price 4.66% 1.0466 Population 1.62% 1.0161 Combined Factor 1.0628 1987 -88 Limit $23,100,601 1988 -89 Limit $24,919,483 Price 5.19% 1.0519 Population 1.14% 1.0114 Combined Factor 1.0633 1988 -89 Limit $24,043,106 1989 -90 Limit $26,496,886 Price 4.21% 1.0421 Population 1.36% 1.0136 Combined Factor 1.0557 1989 -90 Limit $25,266,900 1990 -91 Limit $27,972,763 Price 4.14 1.0414 Population 1.73 1.0173 Combined Factor 1.0587 1990 -91 Limit $27,972,763 1991 -92 Limit $29,614,764 bl C:Gann -lim