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HomeMy WebLinkAbout09- Finance C "'fY OF SAN BERNARDINO REQUEST FOR COUNCIL ACTION From: BARBARA PACHON, Subject: APPROPRIATION LIMIT FOR DIRECTOR OF FINANCE FISCAL YEAR 1996/97 Dept: FINANCE Date: ORIGINAL June 5 1996 Synopsis of Previous Council action: July 13, 1995 Resolution #95-235 adopted. July 5, 1994 Resolution #94-182 adopted. Recommended motion: Adopt Resolution Signature Contact person: Barbara Pachon, Director of Finance Phone: ext. 5242 Supporting data attached: Ward: FUNDING REQUIREMENTS: Amount: Source: (Acct. No.) (Acct. Description) Finance: Council Notes: ken 6/17/T� 75"0262 Agenda Item No- 1 CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION STAFF REPORT Article XIIIB of the Constitution of the State of California requires annual Appropriations Limits for local jurisdictions . This limitation is based on the changes in the California Per Capita Personal income and Population Growth. The California Per Capita personal income change is 4 . 671 and the population change is 1 . 02% . Proposition III modified Article XIIIB by changing the base year for calculating the Appropriations Limit from 1978-79 to 1986-87 . The City' s 1996/97 Appropriations Limit is 1 . 9029 times our base year limit of $72, 956, 219, giving us a figure of $138, 828, 389 . This change will not impact the City since the total Appropriations subject to the limitation is $113 , 781, 900 . C I T Y O F an bernardino G'�D£D iN 10 F I N A N C E 0 E P A R T M E N T B A R B A R A P A C H O N D I R E C T O R O F F I N A N C E May 23 , 1996 PUBLIC NOTICE The calculation information on the City of San Bernardino' s Appropriation Limit under Article XIIIB of the State Constitution is available for the inspection during the hours of 7 : 30 a.m. to 5 : 30 p.m. Monday thru Thursday and 7 : 30 a.m. to 4 :30 p.m. on alternating Fridays in the Finance Department at 300 North D Street . Maw- CITY OF SAN BERNARDINO 1996-97 APPROPRIATIONS SUBJECT TO LIMIT TOTAL 1996/97 PRELIMINARY BUDGET $147,058,600 LESS:APPROPRIATIONS NOT SUBJECT TO LIMITATION ENTERPRISE FUNDS: REFUSE FUND 527 $16,409,200 INTERNAL SERVICE FUNDS: CENTRAL SERVICES 621 $ 251,100 LIABILITY INSURANCE 629 2,326,400 TELEPHONE SUPPORT 630 1,002,600 UTILITY FUND 631 3,159,400 MOTOR POOL 635 3,925,300 WORKER'S COMP 678 2,532,800 MANAGMT INFO SYSTEMS 679 2,172,900 TOTAL $15,370,500 DEBT SERVICE: GENERAL GOVERNMENT 001 $ 1,497,000 TOTAL EXCLUSIONS NOT SUBJECT TO LIMITATION $ 33,276,700 TOTAL APPROPRIATIONS SUBJECT TO LIMITATIONS $113,781,900 CITY OF SAN BERNARDINO 1996-1997 APPROPRIATION LIMITATION COMPUTATION (PERMITTED GROWTH RATE) 1996-97 CPI CHANGE 4.67% POPULATION CHANGE(SAN BERNARDINO COUNTY) 1.02% CPI CHANGE CONVERTED TO A RATIO 1.0467 POPULATION CHANGE CONVERTED TO A RATIO 1.0102 CALCULATION 1.0467 X 1.0102 = 1.0574 1995-96 LIMIT 1.7996 , X 1.0574 = 1.9029 1996-97 APPROPRIATION LIMIT BASE YEAR(1986/87) $ 72,956,219 X 1.9029 = $ 138,828,389 FOOTNOTE: ,-PRIOR YEAR