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Resolution Number 92-8-18-111 6 RESOLUTION NO. 92-8-18-11 ESTABLISHING APPROPRIATION LIMITS - 1992-93 FISCAL YEAR A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, ADOPTING ITS ARTICLE XIIIB APPROPRIATION LIMITS (GANN LIMIT) FOR THE 1992-93 FISCAL YEAR WHEREAS, on November 6, 1979, the voters of California 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 Appropriation Limit for the fiscal year 1992-93 is calculated by adjusting the base year appropriations of fiscal year 1978- 79, if desired, with changes in California per capita income or non-residential assessed valuation and change in City or County population, and the recalculations of appropriation limits from the 1986-87 fiscal year as stipulated by Proposition 111; and, WHEREAS, the City reserves the right to adjust its 1992-93 limits as information regarding change in non-residential assessed valuation is made available to California cities; and, WHEREAS, the information necessary for making these adjustments is attached in 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 appropriation limits for fiscal year 1992-93. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Juan Capistrano does hereby establish that the appropriation limit for 1992-93 shall be $21,624,436. BE IT FURTHER RESOLVED, that the City of San Juan Capistrano's Budget Appropriation subject to Limit for 1992-93 shall be $8,503,280. PASSED, APPROVED, AND ADOPTED this 18th day of August , 1992. ONES, MAYOR ATTEST: -1- STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) I, CHERYL JOHNSON, City Clerk of the City of San Juan Capistrano, California, DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. 92-8-18-11 adopted by the City Council of the City of San Juan Capistrano, California, at a regular meeting thereof held on the 18th day Of August , 1992, by the following vote: AYES: Councilmen Friess, Hausdorfer, Harris, Vasquez, and Mayor Jones NOES: None ABSTAIN: None ABSENT: None CHERYL , • Dr , CITY CLERK -2- EXI-QBIT A Article XIIIB Appropriation Limit For Fiscal Year 1992-93 167 Total 1978-79 Appropriation $10,675,720 Less: Non Proceeds of Taxes for 1978-79 2,623,658 Debt Service 1,127,836 Total 3,751,494 (3,751,494) 1978-79 Base Year Appropriation Limit $6,924,226 Add: CPI or California Per Capita Income for 1979-80 (whichever is lower) and change in City's population: CPI - 10.17% Population change for 1979 - 3.30% Appropriation Limit for 1979-80 $7,880,158 CPI or California Per Capita Income for 1980-81 (whichever is lower) and the change in City's population Per Capita Income - 12.11% Population change for 1980 - 4.01% Appropriation Limit for 1980-81 $9,188,706 CPI or California Per Capita Income for 1981-82 Limit (whichever is lower) and change in the City's population. Per Capita Income - 9.12% Population change for 1981 - 4.14% Appropriation limit for 1981-82 $10,441,822 CPI or California Per Capita Income for 1982-83 Limit (whichever is lower) and change in City's population. CPI - 6.79% Population change for 1982 - 2.84% Appropriation Limit for 1982-83 $11,467,505 168 CPI or California Per Capita Income for 1983-84 Limit (whichever is lower) and change in City's population - Per Capita Income - 2.35% Population change for 1983 - 3.75% Appropriation limit for 1983-84 $12,177,128 CPI or California Per Capita Income for 1984-85 Limit (whichever is lower) and change in City's population CPI - 4.74% Population change for 1984 - 2.42% Appropriation Limit for 1984-85 $13,062,978 CPI or California Per Capita Income for 1985-86 Limit (whichever is lower) and change in City's population CPI - 3.74% Population change for 1985 - 4.19% Appropriation Limit for 1985-86 $14,119,343 CPI or California Per Capita Income for 1986-87 Limit (whichever is lower) and change in City's population CPI - 2.30% Population change for 1986 - 2.89% Appropriation Limit for 1986-87 $14,861,522 Either the growth in California Per Capita Income or the growth in Non-residential Assessed Valuation and either population growth within the City or the County Per Capita Income Growth - 3.47% City population growth for 1987 - 5.24% Appropriation Limit for 1987-88 $16,182,983 169 Either the growth in California per capita income for 1988-89 or the growth in Non- residential Assessed Valuation and either population growth within the City or the County Per Capita Income Growth - 4.66% City population growth for 1988 - 2.70% Appropriation Limit for 1988-89 $17,394,412 Either the growth in California per capita income for 1989-90 or the growth in Non- residential Assessed Valuation and either population growth within the City or the County Per Capita Income Growth - 5.19% City's population growth for 1989 - 0.43% Appropriation Limit for 1989-90 $18,375,860 Either the growth in California per capita income for 1990-91 or the growth in Non- residential Assessed Valuation and either population growth within the City or the County Per Capita Income Growth - 4.21% City's population growth for 1990 - 3.15% Appropriation Limit for 1990-91 $19,752,692 Either the growth in California per capita income for 1991-92 or the growth in Non- residential Assessed Valuation and either population growth within the City or the County Per Capita Income Growth - 4.14% City's population growth for 1991 - 3.16% Appropriation Limit for 1991-92 $21,220,480 Either the growth in California per capita income for 1992-93 or the growth in Non- residential Assessed Valuation and either population growth within the City or the County Per Capital Income Growth - (0.64%) City's population growth for 1992 - 2.56% Appropriation Limit for 1992-93 $21,624,436 170 Budget Appropriations: Less: Non -Proceed of Taxes Debt Services Decrease in Fund Balance Budget Appropriations Subject to Limit Appropriation Limit Difference Between Limit and Appropriation Subject to Limit 1992-93 $ 17,764,746 (6,280,201) (2,107,550) (873,715} 8 503 280 $21,624,480 $13,121,156