HomeMy WebLinkAboutReso 104-11 Appropriations FY 11-12RESOLUTION NO. 104-11
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN
*,~**~*~*~*****
ADOPTING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 2011-2012 OF $189,083,145
WHEREAS, State law requires that an Appropriations Limit be adopted by the City Council in
conjunction with the Annual Budget process; and
WHEREAS, Article XIII B of the California Constitution places certain restrictions on
appropriations made by cities; and
WHEREAS, the restrictions are applicable to appropriations, which meet the definition of a
"Proceeds of Taxes"; and
WHEREAS, the law allows the option to select the factors to be used in the calculation of the
Appropriations Limit; and
WHEREAS, for one of the adjustment factors the City must select befinreen: (A) the change in
City population, or (B) Countywide population, and the City has selected the Change in City
population; and
WHEREAS, for the second adjustment factor the City must select between: (1) the change in
the State per capita income, or, (2) the change in the assessed valuation of local non-residential
construction, and the City has selected the change in State per capita income; and
WHEREAS, the calculation of the Appropriations Limit for Fiscal Year 2011-2012 is described
in Exhibit A, attached hereto and by reference made a part hereof.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does
hereby adopt the Fiscal Year 2011-2012 City of Dublin Appropriations Limit as $189,083,145.
~E IT FURTHER RESOLVED that the limit has been calculated in accordance with State Law
and is shown in Exhibit A, attached hereto.
PASSED, APPROVED AND ADOPTED this 21St day of June, 2011 by the following vote:
AYES: Councilmembers Biddle, Hildenbrand, Swalwell, and Mayor Sbranti
NOES: None
ABSENT: ~ Councilmember Hart
ABSTAIN: None
ATTEST:
puty City Clerk
, / f`,! .
l,~ ~^'~^ i~l~~~~
Mayor
Reso No. 104-11, Adopted 6-21-11, Item 4.13 Page 1 Of 1
EXHIBIT A
Calculation of Fiscal Year 2011 - 2012 Appropriations Limit
(Based on Fiscal Year 2010 - 2011 Limit)
A. Selection of Optional Factors
1. Chanqe in Population - Citv vs. Countv.
Factors 1/1/2010* 1/1/2011 °lo
Increase
a. City of Dublin 43,425 44,374 2.19%
b. Count of Alameda 1,506,107 1,518,000 0.79%
*State Controller adjusted 2010 population based on 2010 Census
The City selected Factor 1 a. City of Dublin population growth 2.19%
2. Change in State per Capita Personal lncome vs. City Non Residential Building
Construction.
Factors % Chan e
a. Change in State per Capita Personal Income 2.51%
b. Chan e in Non Residential Assessed Valuation* 1.02%
The City selected Factor 2a. Change in State per Capita Personal Income 2.51%
*Based on Preliminary tax roll information available from the Alameda County Assessor as of May 2,
2011. The final tax roll figure may be different.
B. FY2011-2012 Growth Adiustment Factor
The formula for calculating the adjustment is as follows:
Selected Factor 1+ 100 = X
Selected Factor 2+ 100 = Y
(X) *(Y) = Fiscal Year 2011 -2012 Appropriations Limit Adjustment Factor
X= Selected Factor #1 + 100 = 2.19+100 = 1.0219
100 100
Y= Selected Factor #2 + 100 =2.51+100 = 1.0251
100 100
Calculation of factor for FY2011-2012 = X* Y
Adjustment Factor for Fiscal Year 2011- 2012: 1.0219 x 1.0251 = 1.0475
C. Calculation of Appropriations Limit
Fiscal Year 2010-2011 Appropriations Limit $180,508,969
Fiscal Year 2011-2012 Adjustment Factor x 1.0475
Fiscal Year 2011-2012 Appropriations Limit $189,083,145
Exhibit A