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Resolution Number 08-06-17-02RESOLUTION NO. 08-06-17-02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, ADOPTING ITS ARTICLE XIIIB APPROPRIATION LIMITATION (GANN LIMIT) FOR THE 2008/2009 FISCAL YEAR WHEREAS, the voters of California on November 6, 1979, added Article XIIIB to the State Constitution placing various limitations on the appropriation of the State and local governments; and, WHEREAS, Article XIIIB provides that the appropriation limit for the fiscal year 2008/2009 is calculated by adjusting the base year appropriations of fiscal year 1978/1979, if desired, with changes in California per capita personal income or non-residential assessed valuation and changes in City or County populations, and the recalculations of appropriation limits from the 1986/1987 fiscal year stipulated by Proposition 111; and, WHEREAS, the City reserves the right to adjust its 2008109 limit as information regarding the change in non-residential assessed valuation due to new construction is made available by the County; 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 appropriation limits for fiscal year 2008/2009. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Juan Capistrano does hereby establish that the appropriation limit for 2008/2009 shall be $55,460,697. The City of San Juan Capistrano Budget Appropriation subject to the limit for fiscal year 2008/2009 shall be $17,686,353. PASSED, APPROVED, AND ADOI day of June, 2008. E $OTO, MAYOR Page 1 of 12 06-17-2008 ARTICLE XIIIB APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 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 1979-80 Calculation Add: CPI or California Per Capita Income for 1979-80 (whichever is lower) and change in City's population: CPI - 10.71% Population Change for 1979 - 3.30% Appropriation Limit for 1979-80 $7,880,168 1980-81 Calculation Add: CPI or California Per Capita Income for 1980-81 (whichever is lower) and change in City's population: CPI - 12.11% Population Change for 1980 - 4.01 % Appropriation Limit for 1980-81 $9,188,706 1981-82 Calculation Add: CPI or California Per Capita Income for 1981-82 (whichever is lower) and change in City's population: CPI - 9.12% Population Change for 1981 - 4.14% Appropriation Limit for 1981-82 $10,441,822 Page 2 of 12 EXHIBIT A ARTICLE XIIIB APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 1982-83 Calculation Add: CPI or California Per Capita Income for 1982-83 (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 1983-84 Calculation Add: CPI or California Per Capita Income for 1983-84 (whichever is lower) and change in City's population: CPI - 2.35% Population Change for 1983 - 3.75% Appropriation Limit for 1983-84 $12,177,128 1984-85 Calculation Add: CPI or California Per Capita Income for 1984-85 (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 1985-86 Calculation Add: CPI or California Per Capita Income for 1985-86 (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 Page 3 of 12 EXHIBIT A ARTICLE XIIIB APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 1986-87 Calculation Add: CPI or California Per Capita Income for 1986-87 (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 1987-88 Calculation Add: Either growth in California Per Capita Income for 1987-88 (3.47%) or the growth in non-residential assessed valuation (N/A) and either population growth within the City (5.24%) or the County (1.99%) Per Capita Income Growth - 3.47% City's Population Growth for 1987 - 5.24% Appropriation Limit for 1987-88 $16,182,983 1988-89 Calculation Add: Either growth in California Per Capita Income for 1988-89 (4.66%) or the growth in non-residential assessed valuation (N/A) and either population growth within the City (2.70%) or the County (1.98%) Per Capita Income Growth - 4.66% City's Population Growth for 1988 - 2.70% Appropriation Limit for 1988-89 $17,394,412 Page 4 of 12 EXHIBIT A ARTICLE XIIIB APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 ' 1989-90 Calculation Add: Either growth in California Per Capita Income for 1989-90 (5.19%) or the growth in non-residential assessed valuation (0.0028%) and either population growth within the City (0.43%) or the County (1.85%) Per Capita Income Growth - 5.19% County's Population Growth for 1989 - 1.85% Appropriation Limit for 1989-90 $18,635,679 1990-91 Calculation Add: Either growth in California Per Capita Income for 1990-91 (4.21 %) or the growth in non-residential assessed valuation (0.2846%) and either population growth within the City (3.15%) or the County (2.00%) ' Per Capita Income Growth - 4.21 % City's Population Growth for 1990 - 3.15% Appropriation Limit for 1990-91 $20,031,979 1991-92 Calculation Add: Either growth in California Per Capita Income for 1991-92 (4.14°/x) or the growth in non-residential assessed valuation (0.2846%) and either population growth within the City (3.16%) or the County (2.30%) Per Capita Income Growth - 4.14% City's Population Growth for 1991 - 3.16% Appropriation Limit for 1991-92 $21,520,520 Page 5 of 12 EXHIBIT A ARTICLE XIIIB APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 1992-93 Calculation Add: Either growth in California Per Capita Income for 1992-93 (-.0.64%) or the growth in non-residential assessed valuation (0.5485%) and either population growth within the City (2.56%) or the County (2.47%) Non-residential assessed valuation Growth - 0.54% City's Population Growth for 1992 - 2.56% Appropriation Limit for 1992-93 $22,190,631 1993-94 Calculation Add: Either growth in California Per Capita Income for 1993-94 (2.72%) or the growth in non-residential assessed valuation (.012%) and either population growth within the City (1.77%) or the County (2.15%) Per Capita Income Growth - 2.72% County's Population Growth for 1993 - 2.15% Appropriation Limit for 1993-94 $23,284,292 1994-95 Calculation Add: Either growth in California Per Capita Income for 1994-95 (0.71 %) or the growth in non-residential assessed valuation (0.09%) and either population growth within the City (1.44%) or the County (1.64%) Per Capita Income Growth - 0.71% County's Population Growth for 1994 - 1.64% Appropriation Limit for 1994-95 $23,834,184 Page 6 of 12 EXHIBIT A ARTICLE XIIIB APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 ' 1995-96 Calculation Add: Either growth in California Per Capita Income for 1995-96 (4.72%) or the growth in non-residential assessed valuation (0.16%) and either population growth within the City (2.81%) or the County (1.72%) Per Capita Income Growth - 4.72% City's Population Growth for 1995 - 2.81 % Appropriation Limit for 1995-96 $25,660,510 1996-97 Calculation Add: Either growth in California Per Capita Income for 1996-97 (4.67%) or the growth in non-residential assessed valuation (0.28%) and either population growth within the City (1.11 %) or the County (1.05%) ' Per Capita Income Growth - 4.67% City's Population Growth for 1996 - 1.11% Appropriation Limit for 1996-97 $27,156,989 1997-98 Calculation Add: Either growth in California Per Capita Income for 1997-98 (4.67%) or the growth in non-residential assessed valuation (0.32%) and either population growth within the City (2.11 %) or the County (1.07%) Per Capita Income Growth - 4.67% City's Population Growth for 1997 - 2.11 % Appropriation Limit for 1997-98 $29,024,992 IPage 7 of 12 EXHIBIT A ARTICLE X11113 APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 1998-99 Calculation Add: Either growth in California Per Capita Income for 1998-99 (4.15%) or the growth in non-residential assessed valuation (0.30%) and either population growth within the City (4.13%) or the County (1.69%) Per Capita Income Growth - 4.15% City's Population Growth for 1998 - 4.13% Appropriation Limit for 1998-99 $31,477,603 1999-2000 Calculation Add: Either growth in California Per Capita Income for 1999-00 (4.53%) or the growth in non-residential assessed valuation ( 0.53%) and either population growth within the City (2.84%) or the County (1.77%) Per Capita Income Growth - 4.53% City's Population Growth for 1999 - 2.84% Appropriation Limit for 1999-2000 $33,835,275 2000-2001 Calculation Add: Either growth in California Per Capita Income for 2000-01 (4.91 %) or the growth in non-residential assessed valuation (0.87%) and either population growth within the City (0.75%) or the County (1.56%) Per Capita Income Growth - 4.91 % County's Population Growth for 2000 - 1.56% Appropriation Limit for 2000-2001 $36,050,335 Page 8 of 12 EXHIBIT A ARTICLE XIIIB APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 2001-2002 Calculation Add: Either growth in California Per Capita Income for 2001-02 (7.82%) or the growth in non-residential assessed valuation (0.73%) and either population growth within the City (1.41 %) or the County (2.02%) Per Capita Income Growth - 7.82% County's Population Growth for 2001 - 2.02% Appropriation Limit for 2001-2002 $39,654,635 2002-2003 Calculation Add: Either growth in California Per Capita Income for 2002-03 (-1.27%) or the growth in non-residential assessed valuation (0.61 %) and either population growth within the City (1.82%) or the County (2.06%) Non -Residential Assessed Valuation Growth — 0.61 % County's Population Growth for 2001 - 2.06% Appropriation Limit for 2002-2003 $40,720,232 2003-2004 Calculation Add: Either growth in California Per Capita Income for 2003-04 (2.31%) or the growth in non-residential assessed valuation (0.12%) and either population growth within the City (1.73%) or the County (1.65%) Per Capita Income Growth - 2.31% City's Population Growth for 2002 - 1.73% Appropriation Limit for 2003-2004 $42,381,602 IPage 9 of 12 EXHIBIT A ARTICLE XIIIB APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 2004-2005 Calculation Add: Either growth in California Per Capita Income for 2004-05 (3.28%) or the growth in non-residential assessed valuation for 2004-05 (0.29%) and either population growth within the City (1.82%) or the County (1.42%) Per Capita Income Growth — 3.28% City's Population Growth for 2003 — 1.82% Appropriation Limit for 2004-2005 $44,568,364 2005-2006 Calculation Add: Either growth in California Per Capita Income for 2005-06 (5.26%) or the growth in non-residential assessed valuation for 2005-06 (0.09%) and either population growth within the City (0.59%) or the County (1.13%) Per Capita Income Growth — 5.26% County's Population Growth for 2004 — 1.13% Appropriation Limit for 2005-2006 $47,442,773 2006-2007 Calculation Add: Either growth in California Per Capita Income for 2006-07 (3.96%) or the growth in non-residential assessed valuation for 2006-07 (4.11 %) and either population growth within the City (0.34%) or the County (0.83%) Per Capita Income Growth — 4.11 % County's Population Growth for 2005 — 0.83% Appropriation Limit for 2006-2007 $49,801,732 Page 10 of 12 EXHIBIT A C ARTICLE X11113 APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 2007-2008 Calculation Add: Either growth in California Per Capita Income for 2007-08 (4.42%) or the growth in non-residential assessed valuation for 2007-08 (0.99%) and either population growth within the City (0.88%) or the County (0.84%) Per Capita Income Growth — 4.42% County's Population Growth for 2006 — 0.88% Appropriation Limit for 2007-2008 $52,460,595 Calculation of Appropriations Subject to Limit: Appropriation Limit for 2007/08 $52,460,595 Budgeted Appropriations: $34,224,392 Less: Non -Proceeds of Taxes (14,866,393) DEBT SERVICE (1,740,635) EXEMPT REVENUE 0 Current Year's Appropriation from proceeds of taxes $17,617,364 Change in Fund Balance 1,228,517 Total Appropriations Subject to the Limit $18,845,881 Difference between the limit and appropriations subject to the limit $33,614,714 2008-2009 Calculation Add: Either growth in California Per Capita Income for 2008-09 (4.49%) or the growth in non-residential assessed valuation for 2008-09 (pending) and either population growth within the City (1.37%) or the County (1.02%) Per Capita Income Growth — 4.29% County's Population Growth for 2006 — 1.37% Appropriation Limit for 2008-2009 Page 11 of 12 $55,460,697 EXHIBIT A ARTICLE XIIIB APPROPRIATION LIMIT FOR FISCAL YEAR 2008/2009 Calculation of Appropriations Subject to Limit: Appropriation Limit for 2008/09 $55,460,697. Budgeted Appropriations: $35,824,839 Less: Non -Proceeds of Taxes (13,810,845) DEBT SERVICE (1,739,026) EXEMPT REVENUE 0 Current Year's Appropriation from proceeds of taxes $20,274,968 Change in Fund Balance (2,588,616) Total Appropriations Subject to the Limit $17,686,353 Difference between the limit and appropriations subject to the limit $37,774,345 Page 12 of 12 EXHIBIT A STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARGARET R. MONAHAN, appointed City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. 08-06-17-0.2was dulyadopted bythe City Council of the City of San Juan Capistrano at a Regular meeting thereof, held the 17th day of June 2008, by the following vote: AYES: COUNCIL MEMBERS: N0041 COUNCIL MEMBER: AB Ni : COUNCIL MEMBER: a 1 r Allevato, Nielsen, Hribar, Uso and Mayor Soto None None