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HomeMy WebLinkAboutCC Reso 2019-29 - Establishing the FY 2019-20 Appropriations (Gann) Limit1 1 1 RESOLUTION NO. 2019 -29 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH ESTABLISHING THE FISCAL YEAR 2019-20 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 2019-20 Fiscal Year shall be forty-four million, two hundred and fifty-one thousand, and fifty-six dollars ($44,251,056). The appropriations subject to this limit are estimated to be seventeen million, three hundred and twenty-four thousand, five hundred and thirty-six dollars ($17,324,536). This resolution was adopted by the City Council of the City of Ukiah at a regular meeting thereof on the 19th day of June, 2019, by the following vote: AYES: Councilmembers Orozco, Brown, Scalmanini, Crane, and Mulheren NOES: None ABSTAIN: None ABSENT: None ATTEST: KRISTINE LAWLER, City Clerk jj—tUfat/61 MAUREEN MULHEREN, Mayor Page 1 of 2 EXHIBT A Gann Limit Calculation FY 2019-20 Per Capita Cost of Living Change = Population Changeh; = Per Capita Cost of Living converted to a ratio: Population converted to a ratio: Calculation of factor for FY 2019-20: 3.85 percent -0.1 percent 3.85 + 100 = 1.0385 (a) 100 -0.1 + 100 = 0.999 (b) 100 (a) x (b) = 1.0375 (c) Appropriations Limit, Fiscal Year 2018-19 $ 42,653,203 (d) Appropriations Limit, Fiscal Year 2019-20 $ 44,251,056 [(c) x (d)] FY 2019-20 appropriations subject to Gann Limit Tax Revenue Budget Estimates Property tax $ 2,806,380 Sales tax (1.0% Bradley -Burns) 6,117,212 Measure S/P District Tax 3,234,000 Measure Y District Tax 3,220,000 Transient Occupancy Taxes (TOT) 1,450,000 Business license tax 408,000 Other govemmental taxes 249 Interest eaming from taxes 88,695 $ 17,324,536 Percentage Use of Appropriations Limit 39,15% (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 1 1