CC - 1985-24 - Appropritations Limit for 1985-86 FYt.
.71
•
RESOLUTION NO
85-24
•
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROSEMEAD ADOPTING AN APPROPRIATIONS LIMITATION
FOR THE 1985-86 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 1985-86 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 1985-86 fiscal
year for appropriations subject to limitation under
Article XIII-B shall be twelve million three hundred
eighteen thousand two hundred twelve dollars ($12,318,212).
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 25th DAY OF JUNE, 1985.
ayor.of the City of Rosd
ATTEST:
City Clerk
1
ANNUAL BUDGET
DETAIL
1985-86
GANN INITIATIVE
APPROPRIATION LIMITS
I. Base Appropriation Limit
Total Appropriations 1978-79 Fiscal Year
Carry-Over Appropriations 1978-79
Appropriations Subject To Limit
Less Non-Tax Proceeds
*Plus Excess Fee Cost
Base Appropriation Limit 1978-79
II. Cumulative Growth Rates
Cumulative Growth Rates Since 1978-79 Fiscal Year:
$10,052,215
( 638,304)
9,413,911
(2,415,574)
167,997
$ 7,166,334
1984-85 64.72%
1985-86
III. Appropriation Limits
$7,166,334
$7,166,334
x 1.6472
x 1.7189
$11,804,385 = 1984-85 Limit
$12,318,212
= 1985-86 Limit
1984-85
Estimated
1985-86
Actual
Budgeted
Appropriations
$7,938,590
$11,130,070
Non-Tax Proceeds
(3,661,690)
(5,645,250)
Sub-Total:
4,276,900
5,484,820
Excess Fee Cost
121,600
166,480
APPROPRIATIONS SUBJECT TO LIMIT:
$4,398,500
$ 5,651,300
*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.
-3-
0
Ar4r4UAL 0UW%JM1
DETAIL
1985-1986
CITY OF ROSEMEAD
SCHEDULE TO CATEGORIZE REVENUE
SUBJECT TO GANN INITIATIVE
Per Audit
Estimated
Budgeted
Actual Proceeds From Taxes
1978-79
1984-85
1985-86
Sales and Use Tax
$1,471,567
$2,168,500
$2,565,600
Franchise tax
129,019
232,000
237,000
Real Estate Tax
29,789
24,000
20,000
Street Lighting District
74,034
161,000
161,000
Motor Vehicle Licenses
591,592
980,000
1,115,000
Off Highway Vehicle Licenses
657
-
_
Alcoholic Beverage Fees (1)
19,031
2,000
2,000
Trailer Coach Fees
4,241
112,000
112,000
Transient Occupancy Tax
85,803
110,000
110,000
Cigarette Tax
123,020
-
-
Highway Carriers (1)
5,926
-
-
Vehicle Abatement
1,700
-0-
-0-
State Bail-Out Funds
30,760
-0-
-0-
Interest Earnings on Tax Proceeds 143,018
380,000
400,000
Financial Aid to Local Agencies
(1) -0-
99,840
109,900
Special Transportation Tax
-0-
442,500
457,800
Tax Proceeds
2,710,157
4,711,840
5,290,300
Non-Tax Proceeds
2,415,574
3,661,690
5,645,250
Total Revenue
$5,125,731 $8,373,530 $10,935,550
(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.
Y