HomeMy Public PortalAbout2003.123 (07-01-03)12ESOLUTIOfV NO. 2003 _ 1
A RESOLUTION OF THE CITY OF THE CITYIOF LYNWOOD
ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL
XEARS 2003/04 and 2004/05 PURSUANT TO THE ARTICLE XIIIB OF TFiE
CALIFORNIA COIVSTITUTION
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WHEREAS, Article XIIIB of the California Constitutio ~ provides that the total annual
appropriations subject to limitations of each governmental entity shall not exceed the
appropriation limit of such entity of government, except for prio'r year adjustments in the cost-of-
living or personal income and population, as noted in Article XIIIB and State Statues; and
WHEREAS, pursuant to Article XIIIB of California Constitution, section 7900 et seq. of
the California Government Code, the City of Lynwood is required to set its appropriation limit for
each fiscal year by resolution, and approve appropriate inflation and population factors used in
calculating limit; and " ~ ~ '
WHEREAS, total annual appropriation subject to limitation has been computed by the
Director of Finance & Administration in accordance with provisions set forth in Article XIIIB,
Government Code' Section 7900 et seq. and Proposition 111; and
VVHEREAS, documenfation used in calculating limit h
review in the City Clerk's Office prior fo the Public Hearing.
NOW, THEREFORE, the City Council of the City of L
and resolve as follows:
been made available for public
does hereby find, determine,
Section 1. ' That the City of Lynwood's Appropciation ~Limit for Fiscal Year 2003-04 is
$19,281,206 and the FY 2004-05 Appropriation Limit shall be $19,943,515.
Section 2. That the growth factors used in calculafiin~g the F.Y. 2003-04 and 2004-05
Appropriation Limit shall be the percentage change in California per capita income and the
percentage change in population in the City of Lynwood. 1
Section 3. That resolution shall take effect immediately upon its adoption.
PASSED, APPROVED, and ADOPTED this 1S` day of July, 2003.
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rnanclo
ATTESTo
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Andrea L. liooper, CBty Clerk
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APPROVED AS
FORM:
APPFtOVED~
~roza, fVIAYOR
AS TO COIVTENT:
Lorry Hempe,~City Manager
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Ifre a F. Earnest
Asst. City Manager
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STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
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I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the
foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a
regular meeting held on the 1s~ day of ~~1y , 2003.
AYES: CLitIIdGILMEf~ BYRD, RICHARDS, PEDROZA
NOES: COU~lCIL~9E~V REYES, RODRIGl1EZ
ABSENT: l~Oi~E
ABSTAIN: l~0~lE .
. ~°
Andrea L. Hooper, City Clerk
STATE OF CALIFORNIA }
} ss.
COUNTY OF LOS ANGELES }
I, the undersigned City Clerk of the City of Lynwood, and Clerk of the City Councif of
said City, do hereby certify that the above and foregoing is a full, true and correction copy of
Resolution No. 2003.1?._3 on file in my office and that said Resolution was adopted on the
date and by the vote therein stated.
Dated this 1 st day of ~ul~ , 2003.
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Andrea L. Hooper, City Clerk ,
APPROPRIATION LIMIT CALCULATION
YEAR
F.Y. 1986-87 -BASE YEAR
F.Y. 2002-2003
F. Y. 2003-2004
F.Y. 2004-2005 (2)
POPl1LATION
CPI* CHANGE **
APPROPRIATION
FACTOR** LIMIT"*"
8,490,630
1.06620 18,650,087
1.03384 19,281,206
1.03435 19,943,515
4.91
2.31
2.36%
1.63%
1.03%
1.05%
STATLIS OF APPROPRIATION LIMIT:
Maximum Appropriation Limit
(1) Proceeds of Taxes(less Retirement Taxes
+ Interest Allocation-Taxes)
Under Max. Appropriation Limit
Over Max. Appropriation Limit
* Source: League of California Cities
** Source: State Department of Finance=72,600 at 1/1/03
***Note Appropriation Limit is calculated as follows:
Prior Year's Appropriation Limit x Factor
($18,650,087 x 1.03384 = $19,281,206)
(1) (+)Proceeds of Taxes
(-)Retirement Taxes
(+)Int. Alloc. on Proceeds of Taxes
TOTAL
FY 2003/04 FY 2004/05
19,281,20G 19,943,515
15,356,915 15,566,832
3,924,291 4,376,683
-0- -0-
(2) Figures (CP[ and Population change) are estimated at a 2 % increase from prior year.
,..,
FY 2003/04 ~~..
FY 2004/05
FY 2003104
F1' 2004/05
REVENUE DESCRIPTIONS BUDGET BUDGET TOTAL TOTAL
INTEREST ALLOCATION:
Interest 150,000 153,000
INTEREST DISTRIBLITION (%):
Non-Proceeds of Taxes 59.42% 89,135 49.04% 90,918
Proceeds of Taxes 40.58% 60,865 50.96% 62,082 150,000 153,000
TOTAL 42,252,250 34,195,750
REVENUE SUMMARY:
Non-Proceeds of Taxes 25,107,685 25,018,550
Proceeds of Taxes 17,144,565 17,410,182
TOTAL 42,252,250 42,428,732
E-1: City/County P ;anon Estimates with Annual Percent Change
January 1, 2002 and 2003
LOS ANGELES 9,817,400 9,979,600 1.7
AGOURA HILLS 21,600 21,950 1.6
ALHAMBRA 87,900 88,900 1.1
ARCADIA 54,900 55,500 1.1
ARTESIA 16,800 17,000 1.2
AVALON 3,210 3,320 3.4
AZUSA 46,100 47,150 2.3
BALDWIN PARK 78,300 79,600 1.7
BELL 37,550 38,250 1.9
BELLFLOWER 75,000 76,400 1.9
BELL GARDENS 45,150 45,750 1.3
BEVERLY HILLS 34,850 35,350 1.4
BRADBURY 890 920 3.4
BURBANK 102,700 104,500 1.8
CALABASAS 20,700 21,100 1.9
CARSON 93,100 94,800 1.8
CERRITOS 53,100 54,200 2.1
CLAREMONT 35,500 36,100 1.7
COMMERCE 12,950 13,200 1.9
COMPTON 95,800 97,000 1.3
COVINA 48,050 48,700 1.4
CUDAHY 25,100 25,450 1.4
CULVER CITY 39,800 40,250 1.1
DIAMOND BAR 58,000 59,000 1.7
DOWNEY 110,300 111,700 l .3
DUARTE 22,100 22,400 1.4
EL MONTE 119,400 121,900 2.1
EL SEGUNDO ] 6,500 16,700 1.2
GARDENA 59,400 60,100 1.2
GLENDALE 200,000 202,700 1.4
GLENDORA 50,800 51,500 1.4
HAWAIIAN GARDENS 15,300 15,600 2.0
HAWTHORNE 86,300 87,400 1.3
HERMOSA BEACH 19,150 19,350 1.0
HIDDEN HILLS 1,960 2,000 2.0
HUNTINGTON PARK 62,900 64,000 ] .7
INDUSTRY 790 800 1.3
INGLEWOOD 1 15,300 l 17,000 1.5
IRWINDALE 1,480 1,490 0.7
LA CANADA FLINTRIDGE 20,950 21,200 1.2
LA HABRA HEIGHTS 5,925 6,075 2.5
LAKEWOOD 81,300 82,300 l.2
LA MIRADA 47,900 48,900 2.1
LANCASTER 123,000 126,100 2.5
LA PUENTE 42,100 42,650 ] .3
LA VERNE 32,500 32,900 1.2
LAWNDALE 32,450 32,850 1.2
LOMITA 20,600 20,850 1.2
LONG BEACH 472,700 481,000 1.8
Ivll1W 6U 13,050 13,300 l .9
MANHATTAN BEACH 35,450 36,300 2.4
MAYWOOD 28,800 29,150 1.2
California Departrnent of Finance
Demographic Research Unit