HomeMy WebLinkAboutAgenda Report - June 19, 1985 (84)ADOPTION OF RESOLUTION
ADOPTING AN APPROPRIATION
SPENDING LIMIT FOR 1985--86
IN M-TLIANCE WITH
PROPOSITION 4 ARTICLE
XIIIB OF THE STATE
M4ST1TUTION
RESOLUTION NO. 85-65
Council. was apprised that Article XIIIB of the
California State Constitution specifies that
appropriations made by governmental entities may
increase annually by the change in population and
the charge in either the U. S. Consumer Price
Index, or California per Capita Personal Income
Index, 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 U. S. Consumer
Price Index as being 3.74%, which is less than
the California per Capita Personal Income Index,
and that Loch's population increase as 4.04%.
The ratio of that formula is as follows:
1.0374 (U.S. CPI) x 1.0404 (population
increase)
1.0793 (change factor)
This change factor of 1.0793, applied to the
1984-85 appropriation limit of $12,130,783, then
sets Lodi's 1985-86 appropriation limit at
$13,092,754.
UNCIL COMMUNICATION
TO: THE CITY COUNCIL
DATE
NO.
FROM: THE CITY MANAGER'S OFFICE
6-19-85
SUBJECT:
1985-86 APPROPRTATTON SPENDING LIMIT
RECOMMENDED ACTION:
That the City Council adopt the attached Resolution establishing
an appropriations spending limit for 1985-86 in compliance with
Proposition 4, Article XLIIB of the State Constitution in the
amount of $13,092,754.
EXPLANATION:
Article XTTTB of the California State Constitution specifies
that appropriations made by governmental entities may increase:
annually by the change in population and the change in either
the U.S. Consumer Price Index, or California per Capita Personal
Income Index, 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 U.S. Consumer Price Tndex as
5
being 3.74%, which is less than the California per Capita
Personal Tncome Index, and that Lodi's population increase as
4.04%. The ratio of that formula is as follows:
1.0374 (U.S. CPT) x 1.0404 (population increase)
= 1.0793 (change factor)
This change factor of 1.0793, applied to the 1984-85 appropriation
limit of $12,130,783, then sets Lodi's 1985-86 appropriation limit
at $13,092,754.
Robert H. Holm, Finance Director
MEMORANDUM
TO: Thomas A. Peterson, City Manager
FROM: Robert H. Holm, Finance Director
DATE: June 7, 1985
SUBJECT: 1985-86 Appropriation Spending Limit
Article XIIB of the Cali-fornia State Constitution specifies
that appropriations made by governmental entities may increase
annually by the change in population and the change in either
the U. S. Consumer Price Index, or California per Capita Personal
i.
Income Index, whichever is less..
The California Department of Finance is responsible for furnishing_
local jurisdictions the necessary data to establish appropriation'
limits. s
The State has reported to us the U. S. Consumer Price Index as
being 3.74%, which is less than the California per Capita
Personal Income Index, and that Lodi's population increase as
4.04%. The ratio of that formula is as follows:
1.0374 (U.S. CPI) x 1.0404 (population increase)
1.0793 (change factor)
This change factor of 1.0793, applied to the 1984-85 appropriation
limit of $12,130,783, then sets Lodi's 1985-86 appropriation limit
at $13,092,754.
Attached is a draft of the resolution needed to be presented to the
City Council at its June 19, 1985 meeting.
Robert H. Holm
Finance Director
attachment
D R A F T
J '
Y
RESOLUTION NO.
RESOLUTION ADOPTING AN APPROPRIATIONS SPENDING
LIMIT FOR 1985-86 IN COMPLIANCE WITH PROPOSITION 4
ARTICLE XIIIB OF THE STATE CONSTITUTION
RESOLVES, that the City Council of the City of Loii
does hereby adopt the followi.ng Appropriation Spending Limit for
1985-86 in compliance with Proposition 4, now Article XIIIB of the
State Constitution.
Total Appropriation Limit for 1984-85
as adopted by the City of Lodi $12,130,783
Increased by
Allowable Accumulated Growth and
U. S. Consumer Price Index to
1985-86 of 7.93
Therefore, the Spending Limit for
1985-86 $13,092,754
Date: June 19, 1985
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:
Ayes: Members - City Council
Noes: Members - City Council
Absent: Members - City Council
T
ALICE M. REIMCHE
City Clerk
RESOLUTION NO. 85-65
RESOLUTION ADOPTING AN APPROPRIATIONS SPENDING
LIMIT FOR 1985-86 IN COMPLIANCE WITH PROPOSITION
4 ARTICLE XIIIB OF THE STATE CONSTITUTION
Anlc�e M. Reimche
City Clerk
85-65
RESOLVED, that the City Council
of the City
of Lodi does hereby
Therefore, the Spending
adopt the following Appropriations Spending
Limit for 1985-86 in
1985-86
compliance with Proposition 4,
now Article
XIIIB of the State
Constitution.
Dated: June 19, 1985
_4
Total Appropriation Limit
for 1984-85
I hereby certify
as adopted by the City of
Lodi
$12,130,783
by the City Council of
Increased by
the City of Lodi
in a regular meeting held
k
Allowable Accumulated
growth and
Ayes: Council
U. S. Consumer Price
Index to
Pinkerton, and
i985-86 of 7.93$
Hinchman (Mayor)
Anlc�e M. Reimche
City Clerk
85-65
s
Therefore, the Spending
Limit for
1985-86
$13,092,754
Dated: June 19, 1985
_4
I hereby certify
that Resolution No. 85-65
was passed and adopted
by the City Council of
the City of Lodi
in a regular meeting held
k
June 19, 1985 by
the following vote:
Ayes: Council
Members - Olson, Reid, Snider,
Pinkerton, and
r�
Hinchman (Mayor)
Noes: Council
Members - None
Absent: Council
Members - None
Anlc�e M. Reimche
City Clerk
85-65