Loading...
Resolution Number 22-06-07-07RESOLUTION NO. 22-06-07-07 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, ADOPTING ITS ARTICLE XIIIB APPROPRIATIONS LIMITATION (GANN LIMITATION) FOR FISCAL YEAR 2022-23 WHEREAS, the voters of California on November 6, 1979, added Article XIIIB to the State Constitution placing various limitations on the appropriations of the State and local governments; and, WHEREAS, Article XIIIB provides that the appropriations limitation for Fiscal Year 2022-23 is calculated by adjusting the base year appropriations of Fiscal Year 1978- 79, with changes in California per capita personal income or non-residential assessed valuation and changes in City or County populations, and the recalculations of the appropriations limitation from the 1986-87 fiscal year as stipulated by Proposition 111; and, WHEREAS, the information regarding the change in non-residential assessed valuation due to new construction from the County of Orange is not available until after the establishment of the Fiscal Year 2022-23 appropriations limitation and the City reserves the right to adjust its Fiscal Year 2022-23 limitation as information regarding the change in non-residential assessed valuation due to new construction is made available by the County of Orange; and, WHEREAS, the information necessary for making these adjustments is attached as Exhibit A; and, WHEREAS, the City of San Juan Capistrano has complied with all the provisions of Article XIIIB and amendments thereto per Proposition 111 in determining the appropriations limitation for Fiscal Year 2022-23. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Juan Capistrano does hereby: 1. Set the appropriations limitation for Fiscal Year 2022-23 at $94,825,002 as shown in attached Exhibit A. 2. Determine that the amount of the appropriations of the City of San Juan Capistrano for Fiscal Year 2022-23 that are subject to the limitation are $34,771,623; and, 3. Declare that the appropriations of the City of San Juan Capistrano for Fiscal Year 2022-23 that are subject to the limitation do not exceed the limitation. 6/7/2022 _PASSED, APPROVED, AND AdPFVD this 7t day June 2022. -C 1210� 121V DEREK REEVE, MAYOR STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, Maria Morris, appointed City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. 22-06-07-07 was duly adopted by the City Council of the City of San Juan Capistrano at a Regular meeting thereof, held the 7th day of�J-une 2022, by the following vote: AYES:COUN IL MEMBERS: NOES: C IL MEMBERS: ABSIIENT: ANCIL MEMBERS: MARIA I RVd8`Cr Y CLE Taylor, Farias, Hart, and Mayor Reeve None Bourne 2 6/7/2022 EX14IBIT A 2022-23 APPROPRIATION LIMITATION CALCULATION 2022-23 APPROPRIATIONS LIMITATION: 2021-22 Limitation $88,373,720 x Annual adjustment factors: Population increase (for County) -0.23% 0.9977 Inflation charges (California personal income) 7.55% x 1.0755 Combining adjustment factors 1.0730 2022-23 Limitation $94,825,002 APPROPRIATIONS SUBJECT TO LIMITATION AND APPROPRIATIONS MARGIN: Budget appropriation 2022-23 Less exclusions: Non -proceeds of taxes (15,908,959) Qualified debt service (1,870,100) Qualified capital outlay (1,500,000) Total exclusions Add change in fund balances Total appropriations subject to limitation Appropriations margin $41,351,139 (19,279,059) 12,699,543 $34,771,623 $60,053,379 EXHIBIT A