HomeMy WebLinkAboutReso 52-21 Adopting an Appropriation Limit for Fiscal Year 2021-22 of $419,772,690Reso. No. 52-21, Item 4.3, Adopted 06/01/2021 Page 1 of 1
RESOLUTION NO. 52 - 21
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ADOPTING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 2021-22
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 between: (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 the State per capita income; and
WHEREAS, the calculation of the Appropriations Limit for Fiscal Year 2021-22 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 2021-22 City of Dublin Appropriations Limit as $419,772,690.
BE 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 1st day of June 2021, by the following vote:
AYES: Councilmembers Hu, Josey, Kumagai, McCorriston and Mayor Hernandez
NOES:
ABSENT:
ABSTAIN:
________________________ ______
Mayor
ATTEST:
_________________________________
City Clerk
DocuSign Envelope ID: 5494AF8D-1CCB-41DA-A06F-A427A008E838
EXHIBIT A
CALCULATION OF FISCAL YEAR 2021-22 APPROPRIATIONS LIMIT
(Based on Fiscal Year 2020-21 Limit)
A. Selection of Optional Factors
1. Change in population – City vs. County.
Factors 1/1/2021 1/1/2020 % Increase
a. City of Dublin 63,837 64,003 -0.26%
b. County of Alameda 1,654,975 1,661,183 -0.37%
The City selected Factor 1a. City of Dublin population change -0.26%
2. Change in State per capita personal income vs. City non-residential building construction.
Factors % Change
a. Change in State per capita personal income 5.73%
b. Change in non-residential assessed valuation 0.0%
The City selected Factor 2a. Change in State per capita personal income 5.73%.
B. Fiscal Year 2021-22 Growth Adjustment Factor
Calculation of factor for Fiscal Year 2021-22 = X*Y = 0.9974*1.0573 = 1.0546
X = Selected Factor #1 + 100 = -0.26+100 = 0.9974
100 100
Y = Selected Factor #2 + 100 = 5.73+100 = 1.0573
100 100
C. Calculation of Appropriations Limit
Fiscal Year 2020-21 Appropriations Limit $398,039,721
Fiscal Year 2021-22 Adjustment Factor x 1.0546
Fiscal Year 2021-22 Appropriations Limit $419,772,690
DocuSign Envelope ID: 5494AF8D-1CCB-41DA-A06F-A427A008E838