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Resolution Number 13-06-18-06RESOLUTION NO. 13-06-18-06 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 2013-2014 WHEREAS, the voters of California on November 6, 1979, added Article XlllB 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 the Fiscal Year 2013/2014 is calculated by adjusting the base year appropriations of Fiscal Year 197$11979, 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 appropriations limitation from the 1986/1987 fiscal year stipulated by Proposition 111; and, WHEREAS, the information regarding the change in non-residential assessed valuation from the County of Orange is not available until after the establishment of the Fiscal Year 2013-2014 appropriations limitation and the City reserves the right to adjust its Fiscal Year 2013-2014 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 2013-2014, NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Juan Capistrano does hereby: 1. Establish the appropriations limitation for Fiscal Year 2013-2014 shall be $65,317,358 as shown in attached Exhibit A. 2. Determine the City of San Juan Capistrano Amended Budget Appropriations subject to the limitation for Fiscal Year 2013-2014 shall be $16,843,551; and, 3. Declare the City of San Juan Capistrano Budget Appropriations in the Fiscal Year 2013-2014 do not exceed the limitation. 6-1$-2013 Reso. No. 13-06-18-06 PASSED, APPROVED, AND A[ STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) this 1$"' day of June 2013. OIfIN TAYLOR, MYOR I, MARIA MORRIS, appointed City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. 13-06-18-06 was duly adopted by the City Council of the City of San Juan Capistrano at a Special meeting thereof, held the 18t day of June 2013, by the following vote: AYES: OIC CIL MEMBERS: Kramer, Reeve, Allevato and Mayor Taylor NOES: O NGIL MEMBER: None ABSENT: O NCIL MEMBER; Byrnes f t MARIA NI. > RI , City Clerk 6-18-2013 2 Reso. No. 13-06-18-06 EXHIBIT A 2013114 APPROPRIATION LIMITATION CALCULATION 2013/2014 APPROPRIATIONS LIMITATION: 2012/2013 Limitation $61,655,048 x Annual adjustment factors: Population increase (for City) 0.780% 1.0078 Inflation charges (California personnel income) 5.120% 1.0512 Combining adjustment factors 1.0594 2013/2014 Limitation $65,317,358 APPROPRIATIONS SUBJECT TO LIMITATION AND APPROPRIATIONS MARGIN: Amended budget appropriation 2013/2014 $31,209,589 Less exclusions: Non -proceeds of taxes (10,889,144) Qualified debt services (2,737,167) Qualified capital outlay (1,024,930) Total. exclusions (14,651,241) Add change in fund balance 285,203 Total appropriations subject to limitation $16,843,551 Appropriations margin $48,473,807 3 Reso. No. 13-06-18-06