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.
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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