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Home My WebLink AboutRES 2004-33RESOLUTION NO. 2004 - 33 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DIAMOND BAR, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, SETTING THE PROPOSITION 4 (GANN) APPROPRIATIONS LIMIT FOR FISCAL YEAR 2004-2005 FOR THE CITY OF DIAMOND BAR IN ACCORDANCE WITH THE PROVISIONS OF DIVISION 9 OF TITLE 1 OF THE GOVERNMENT CODE WHEREAS, Article XIII B of the Constitution of the State of California (enacted with the passage of Proposition 4 in 1979 and modified with the passage of Proposition 111 in 1990), provides that the total annual appropriations limit of such entity for the prior year be adjusted for changes in the non-residential assessed valuation or the percentage change in the California Per Capita Income and population except as otherwise specifically provided for in said Article; 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. Prior to such meeting, documentation used in the determination of the appropriation limit shall be available to the public; and WHEREAS, Proposition 111 as approved by the voters of the State of California, revised the method for calculating the Gann Spending Limit, it also requires a recorded voice vote of the City Council regarding which of the annual adjustment factors have been selected each year; and WHEREAS, Section 7902 (a) and 7902.6 of the Government Code sets forth the method for determining the appropriations limit for each local jurisdiction for the fiscal year; and 2004-33 WHEREAS, the City Council of the City of Diamond Bar wishes to establish the appropriation limit for fiscal year 2004-2005 for the City of Diamond Bar. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Diamond Bar, 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 Diamond Bar for fiscal year 2004- 2005 was available to the public in City offices of said City at least fifteen days prior to this date. Section 2. That the County of Los Angeles LAFCO, established the appropriations limit for the newly incorporated City. Section 3. That the factor selected is the percentage change in total assessed valuation for the City, due to non-residential construction. Section 4. That the Appropriations Limit for the City of Diamond Bar as established in accordance with Section 7902(a) and Section 7902.6 of the California Government Code is $24,879,224. Section 5. That the Mayor of the City of Diamond Bar shall sign and the City Clerk shall certify to the passage and adoption of this Resolution No. 2004 - PASSED, APPROVED AND ADOPTED this 15th day of June , 2004. Robert P. Zirbes, Mayor 2004-33 1, Linda C. Lowry, City Clerk of the City of Diamond Bar do hereby certify that the foregoing Resolution was passed, and approved and adopted at a regular meeting of the City Council of the City of Diamond Bar held on the lsth day of June , 2004, by the following vote: AYES: COUNCILMEMBERS: Chang, Huff, O'Connor, MPT/Herrera, M/Zirbes NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAINED: COUNCIL MEMBERS: None ATTEST: fel L' da C. Lowry, Cityler City of Diamond Bar 2004--33 CITY OF DIAMOND BAR APPROPRIATIONS LIMIT WORK SHEET 2004-2005 % Change Non Residential new construction Nonresidential converted to a Ratio 2003-2004 Appropriations Limit 2004-2005 Appropriations Limit 0.63% 1.0063 $24,723,466 $24,879,224 (New Appropriations Limit = Prior Year Appropriations Limit x Growth Factor) 6/10/2004 2004-2005 2004-33 CITY OF DIAMOND BAR APPROPRIATIONS LIMIT WORK SHEET 2004-2005 California Per Capita income 3.28% % Change over Prior Year Population Change 1.38% % Change over Prior Year (County) Per Capita converted to a Ratio 1.0328 Population converted to a Ratio 1.0138 Calculation of Growth Factor 1.0471 (Growth Factor = Per Capita Ratio x Population Ratio) 2003-2004 Appropriations Limit $23,244,470 2004-2005 Appropriations Limit $24,338,184 (New Appropriations Limit = Prior Year Appropriations Limit x Growth Factor) 6/10/2004 2004-2005 2004-33 CITY OF DIAMOND BAR APPROPRIATIONS LIMIT WORK SHEET 2004-2005 California Per Capita Income 3.28% % Change over Prior Year Population Change 1.02% % Change over Prior Year (City) Per Capita converted to a Ratio 1.0328 Population converted to a Ratio 1.0102 Calculation of Growth Factor 1.0433 (Growth Factor = Per Capita Ratio x Population Ratio) 2003-2004 Appropriations Limit $23,244,470 2004-2005 Appropriations Limit $24,251,759 (New Appropriations Limit = Prior Year Appropriations Limit x Growth Factor) 6/10/2004 2004-2005 2004-33 CITY OF DIAMOND BAR ANNUAL APPROPRIATIONS LIMIT EXHIBIT "A" 2004-2005 1989-90 Base Year 9,882,416 1990-91 Adjusted Base 10,785,669 1991-92 Adjusted Base 11,585,192 1992-93 Adjusted Base 11,762,247 1993-94 Adjusted Base 12,275,495 1994-95 Adjusted Base 13,169,824 1995-96 Adjusted Base 14,005,207 1996-97 Adjusted Base 14,729,615 1997-98 Adjusted Base 15,608,665 1998-99 Adjusted Base 16,482,389 1999-00 Adjusted Base 17,561,562 2000-01 Adjusted Base 18,772,045 2001-02 Adjusted Base 20,576,003 2002-03 Adjusted Base 22,364,058 2003-04 Adjusted Base 24,723,466 2004-05 Adjusted Base 24,879,224 6/10/2004 2004-2005 2004-33