CC - 1986-32 - Appropriations Limitation for 1986 FY0
RESOLUTION NO
86-32
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROSEMEAD ADOPTING AN APPROPRIATIONS LIMITATION
FOR THE 1986-87 FISCAL YEAR
WHEREAS, Article XIII-B of the Constitution of the State of
California provides that total annual appropriations
subject to limitation of the City shall not exceed
the appropriations limit of the City for the prior
year as adjusted for changes in population and the
U. S. Consumer Price Index, except as otherwise
provided in said Article; and
WHEREAS, the City Council wishes to set an appropriations
limitation for the 1986-87 fiscal year on those
appropriations subject to limitation under Article
XIII-B.
NOW, THEREFORE, THE CITY COUNCIL OF' THE CITY OF ROSEMEAD DOES
RESOLVE AS FOLLOWS:
SECTION 1. That the annual appropriation limitation
for the City of Rosemead during the 1986-87 fiscal
year for appropriations subject to limitation under
Article XIII-B shall be twelve million seven hundred
seventy-three thousand nine hundred ninety dollars
($12,773,990.00). This limitation shall apply only
to appropriations subject to limitation under Article
XIII-B.
SECTION 2. The Mayor shall sign and the City Clerk
shall certify to the passage and adoption of this
Resolution and thereupon the same shall take effect
and be in.force.
PASSED, APPROVED AND ADOPTED THIS 8th DAY OF JULY, 1986.
ATTEST:
m o of the City f Rosemead
City Clerk
. zy y1
I. Base Appropriation Limit
ANNUAL BUDGET
DETAIL
1986-87
GANN INITIATIVE
APPROPRIATION LIMITS
Total Appropriations 1978-79 Fiscal Year $10,052,215
Carry-Over Appropriations 1978-79 ( 638,304)
Appropriations Subject To Limit 9,413,911
Less Non-Tax Proceeds (2,415,574)
*Plus Excess Fee Cost 167,997
Base Appropriation Limit 1978-79 $ 7,166,334
II. Cumulative Growth Rates
Cumulative Growth Rates Since 1978-79 Fiscal Year:
1985-86 71.89907.
1986-87 78.257
III. Appropriation Limits
$7,166,334 $7,166,334
x 1.7189 x 1.7825
$12,318,212 = 1985-86 Limit $12,773,990 = 1986-87 Limit
1985-86
Estimated
Actual
Appropriations $8,783,760
Non-Tax Proceeds (3,763,100)
Sub-Total: 5,020,660
Plus Excess Fee Cost 168,960
APPROPRIATIONS SUBJECT TO LIMIT: $5,189,620
1986-87
Budgeted
$12,118,830
(5,955,990)
6,162,840
170,470
$ 6,333,310
*Excess fee cost includes fees collected which exceed the identifiable cost of
providing a City service. Items are only included when their fees exceed their
cost in that particular year. Items include but are not limited to building
permits, business licenses, recreation services, occupancy permits, etc.
ANNUAL BUDGET
DETAIL
1986-1987
CITY OF ROSEMEAD
SCHEDULE TO CATEGORIZE REVENUE
SUBJECT TO GANN INITIATIVE
Per Audit
Estimated
Budgeted
Actual Proceeds From Taxes
1978-79
1985-86
1986-87
Sales and Use Tax
$1,471,567
$2,500,000
$2,650,000
Franchise Tax
129,019
292,000
289,000
Real Estate Tax
29,789
30,000
30,000
Street Lighting District
74,034
161,000
161,000
Motor Vehicle Licenses
591,592
1,200,000
1,375,200
Off Highway Vehicle Licenses
657
.800
820
Alcoholic Beverage Fees (1)
19,031
-0-
-0-
Trailer Coach Fees
4,241
2,000
2,000
Transient Occupancy Tax
85,803
120,000
150,000
Cigarette Tax
123,020
110,000
-I11',980
Highway Carriers (1)
5,926
-0-
-0-
Vehicle Abatement
1,700
-0-
-0-
State Bail-Out Funds
30,760
-0-
-0-
Interest Earnings on Tax Proceeds 143,018
392,000
421,000
Financial Aid to Local Agencies
(1) -0-
115,800
122,800
cial Transportation Tax
S
-0-
3722600
365,700
pe
Tax Proceeds
$2,710,157
$5,296,200
$5,679,500
Non-Tax Proceeds
2,415,574
3,763,100
5,955,990
Total Revenue
$5,125,731
$9,059,300
$11,635,490
(1) Alcoholic Beverage, Highway Carriers, and Financial Aid to Local
Agencies were combined effective 1984-85 fiscal year according to
Section 11005 (b), Chapter 448 of the Revenue and Taxation Code.