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HomeMy WebLinkAboutAgenda Report - May 18, 1983 (30)I 1983-84 APPROPRIATION SPENDING LIMIT FSTABLISH D Agenda Item K-4 - "Establish 1983-84 Appropriation Spending Limit" was introduced by City Manager Glaves. Following RES. NO. 83-38 discussion, on motion of Mayor Pro Tempore Snider, Pinkerton second, Council adopted Resolution No. 83-38 adopting an appropriations spending limit for 1983-84 in compliance with Proposition 4 Article XIIIB of the State Constitution. a. y ,� }.: - � a + ,_. Y S j�fi" � � i�y off+: t,.,s.•� t 60 4'k - •�.! � • t K i �4">•.ly. � �L.� ~#t. 1,^�• to �> Jr � a w+k r tit p k � r x?iP¢�'�.. �`2�A.w• y� �i,� , ; '�' �y ��y$",'+' + � i! t Yom' �' �(' � a• I _� j .� �..3i 'X � r �:e �k�!a e + t + f• ti � �'hr l +q,�. � f• �.��� :."... _ d,. � .£ r .' � ro��� .4,t4'�{ �' t. d F +�„9 4 J• -�. 1�,I L .t -.. ',� '�'� ,.t "t �• Mit �. �+_• i „. � her +j. r : c =. s >1 : ' - �sf„� # ''t'��+ ' •. �:4h s r r � i o ;, c �L k �t �� - t t `ai •, Tom, v 3 '• t iy} 3 rte.,. t n t yrs tt ✓� Ts 4.+,- SA£1 s h a4i0... t! i Fw e �. ,� rK: �✓� � t .... � '� t �` � + ~ ms's '� `'a=,� d r �lPC "n2`e �� .e t ✓ ti� .t }7. _: .-r � t ... ''� �' ?.r�'i ~rt 'nom -+.3 � $� "i't� Y�'41'-S'.. r � s ti'IYA ,S'.t k V y�, �, .. .. ;•a h r+, ` VHF a � u. 't � t Ck���. r I � , 3 tfi , MEMORANDUM TO: Henry A. Glaves, Jr., City Manager FROM: Robert H. Holm, Finance Director DATE: May 4, 1983 SUBJECT: 1983-84 Appropriation Spending Limit Article XIIIB of the California State Constitution specifies that appropriations made by governmental entities may increase annually by the change in population and the change in the U.S. Consumer Price Index, or California per Capita Personal Income, Whichever is less. The California Department of Finance is responsible for furnishing local jurisdictions the necessary data to - establish appropriation limits. The State has reported to us the California per Capita Personal Income as being less than the C.P.I. and is 2.35, and that Lodi's population increase as 3.99. The ratio of change formula is: 1.0235 (Calif. Personal per Capita Income) x 1.0399 (Population Increase) 1.0643 (change factor) The change factor of 1.0643 applied to the 1982-83 appropriation limit of $10,501,104. then sets Lodi's 1983-84 appropriation limit at $11,176,325. Attached is a draft of the resolution needed to be presented to the City Council at its May 18, 1983 meeting. RHH attachment RESOLUTION NO. 83-38 RESOLUTION ADOPTING AN APPROPRIATIONS SPENDING LIMIT FOR 1983-84 IN COMPLIANCE WITH PROPOSITION 4 ARTICLE XIIIB OF THE STATE CONSTITUTION RESOLVED, that the City Council of the City of Lodi does hereby adopt the following Appropriation Spending Limit for 1983-84 in compliance with Proposition 4, now Article XIIIB of the State Constitution. Total Appropriation Limit for 1982--83 year as adopted by the City of Lodi $10,501.104. Increased by Allowable Accumulated Growth and California Personal Per Capita Income to 1983-84 of 6.43% Therefore the Spending Limit for 1983-84 $11,176,325. Date: May 18, 1983 I hereby certify that Resolution No. 83-38 was passed and adopted by the City Council of the City of Lodi in a regular meeting held May 18, 1983 by the following vote: Ayes: Council Members - Murphy, Pinkerton, Snider, x Olson (Mayor) Noes: Council Members - Norte Absent: Council Members - Reid Ac0e M. R the City Clerk 83-38 RESOLUTION NO. RESOLUTION ADOPTING AN APPROPRIATIONS SPENDING LIMIT FOR 1983-84 IN CO*IPLIANCE WITH PROPOSITION 4 ARTICLE XIIIB OF THE STATE CONSTITUTION RESOLVES, that the City Council of the City of Lodi does hereby adopt the following Appropriation Spending Limit for 1983-84 in compliance with Proposition 4, now Article XIIIB of the State Constitution. Total Appropriation Limit for 1982-83 year as adopted by the City of Lodi $10,501J04. Increased by Allowable Accumulated Growth and if is Personal Per Capita Income Calorn Yers na p . to 1983-84 of 6.43% Therefore the Spending Limit for 1983-84 $11,1769325. Date:: May 18, 1983 I hereby certify that Resolution No. was passed and adopted by, the City Council of the City of Lodi -in a regular meeting held by the following vote: t Ayes: Members - City Council Noes: Members - City Council Absent: Members - City Council h t. ALICE RE nq= City Clerk