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HomeMy WebLinkAbout30-Finance CITY OF SAN BERNC:lDINO - REQUEST .Qil10UNCIL ACTION From: Andrew Green, Director of Finance Su~~:Appropriation limit for Fiscal Fiscal Year 1989/90 Dept: Finance Date: August 2, 1989 Synopsis of Previous Council action: ~, <;,:: c, , .... ;;S ;::0 ('I.') 111 (.....:. (") ;.:; , )0. t.~::, .?'" :!5' -~ ?'-: ~ c' (;:) ..... ~'; :..., Recommended motion: Adopt Resolution elM f)~_/ Signature Contact person: And:i:ew Green Phone: 5242 Supporting data attached: Ward: FUNDING REQUIREMENTS: Amount: N/A Sou rce: Finance: Council Notes: 75-0262 Agenda Item No. .30 . o o 1989/90 CITY OF SAN BERNARDINO APPROPRIATION LIMITATION COMPUTATION (PERMITTED GROWTH RATE) 1989/90 CPI Change 4.98 Population Change 4.44 CPI Change Converted to Ratio 1.0498 population Change Converted to Ratio 1.0444 Calculation 1.0498 x 1.0444 = 1.0964 1988/89 Limit 2.3548 prior year x 1.0964 = 2.5818 Tenth Year Ratio Change Ratio Change to % 2.5818 = 2.5818% 1989/90 Appropriation Limit Base Year 35,131,011 x 2.5818 = $90,701,244 o o . CITY OF San Bernardino FINANCE DEPARTMENT ANDREW M GREEN DIRECTOR OF FINANCE D A V D E REI D DIRECTOR OF FINANCE ASSISTANT August 2, 1989 PUBLIC NOTICE The calculation information on the City of San Bernardino's Appropriation ~imit under Article XIIIB of the State Consti- tution is available for inspection during the hours of 7:30 a.m. to 4:30 p.m. in the Finance Department at 300 North D Street Monday thru Friday. 300 NORTH CALIFORNIA o S T R E E T 9 2 4 'B 0 0 0 1 SAN BERNARDINO 7 1 4 I 3 8 4 . 5 2 4 2 ~~';~ ",,,;,,-,, . Y:il'~ ..if "".\~z.. " ..J{' ,~!~,.,........"9{., -~,' o o 1 2 RESOLUTION NO. A RESOLUTION OF THE CITY OF SAN BERNARDINO, ESTABLISHING 3 THE APPROPRIATION LIMIT FOR THE FISCAL YEAR 1989/90 FOR THE CITY OF SAN BERNARDINO IN ACCORDANCE WITH THE PROVISIONS OF DIVISION 9 4 OF TITLE 1 OF THE CALIFORNIA CODE, AND REPEALING RESOLUTION NO. 87-214. 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 WHEREAS, Article XIII B of the Constitution of the State of California as proposed by the Initiative Measure approved by the people at the special statewide election held on November 5, 1979, provides that the total annual appropriations subject to limitation of each local government shall not exceed the appropriations limit of such entity for the prior year adjusted for changes in the cost of living and population except as otherwise specifically provided for in said Article; and WHEREAS, the State Legislature added Division 9 (commencing with Section 7900) to Title 1 of the Government Code of the State of California to implement Article XIII B of the California Constitution; and WHEREAS, Section 7910 of the Government Code provides that each year the governing body of each local jurisdiction shall, by resolution, establish its appropriations limit for the fOllowing fiscal year pursuant to Article XIII B at a regularly scheduled meeting or a noticed special meeting and that fifteen days prior to such meeting, documentation used in the determination of the appropriations limit shall be available to the public; and WHEREAS, the City Council of the City of San Bernardino wishes to establish the appropriations limit for fiscal year 1989-90 for the City of San Bernardino. DCR:mg August 3, 1989 1 . o o 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of San Bernardino, California, as follows: SECTION 1: That it is hereby found and determined that the documentation used in the determination of the appropriations limit for the City of San Bernardino for fiscal year 1989-90 was available to the public in the Finance Department of said City at least fifteen days prior to this date. SECTION 2: That the appropriations limit for the City of San Bernardino as established in accordance with Section 7902(a) of the Government Code is $90,701,244.00. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a meeting thereof, held on the day of , 1989, by the following vote, to wit: AYES: Council Members NAYS: ABSENT: The foregoing resolution is hereby approved this day of , 1989. W. R. HOLCOMB, Mayor Approved as to form and legal content: 27, 28 DCR:mg August 3, 1989 2