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HomeMy WebLinkAbout2016-53 CC Reso - Fiscal Year 2016-17 Appropriations LimitC RESOLUTION NO. 2016-53 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH ESTABLISHING THE FISCAL YEAR 2016-17 APPROPRIATIONS LIMIT FOR THE CITY OF UKIAH WHEREAS, pursuant to Government Code Section 7910, the City Council must, by resolution, establish its appropriations limit for each fiscal year. NOW, THEREFORE, BE IT RESOLVED THAT the appropriations limit for the City of Ukiah for the 2016-17 Fiscal Year shall be Twelve Million, Two Hundred and Eighty -Four Thousand, Nine Hundred and Seventy -Seven ($12,284,977). This resolution was adopted by the City Council of the City of Ukiah at a regular meeting thereof on the 14th day of September, 2016, by the following vote: AYES: Councilmembers Crane, Mulheren, Doble, Bkown, and Mayor Scalmanini NOES: None ABSTAIN: None ABSENT: None STEPHEN G. SCALMANINI, Mayor ATTEST: K ISTINE LAWLER, City Clerk Page 1 of 2 EXHIBT A Gann limit Calculation FY 2016-17 Per Capita Cost of Living Change = 5.37 percent Population Change( = 0.23 percent Per Capita Cost of Living converted to a ratio: 5.37+ 100 = 1.0537 (a) 100 Population converted to a ratio: 0.23+ 100 = 1.0023 (b) 100 Calculation of factor for FY 2016-17: (a) x (b) = 1.0561 (c) Appropriations Limit, Fiscal Year 2015-16 $ 36,654,917 (d) Appropriations Limit, Fiscal Year 2016-17 $ 38,712,120 [(c) x (d)] FY 2016-17 appropriations subject to Gann Limit Tax Revenue Budget Estimates Property tax $ 2,726,032 Sales tax (1.0% Bradley -Burns) 5,205,300 Measure S/P District Tax 2,658,300 Transient Occupancy Taxes (TOT) 1,232,048 Business license tax 361,244 Other governmental taxes 39,159 Interest earning from taxes 62,894 $ 12,284,977 Percentage Use of Appropriations Limit 31.7376' (1) When calculating its appropriation limit, the City may use either the change in population for the City or Mendocino County as a whole. Page 2 of 2