CC Resolution No. 9880RESOLUTION NO. 9880
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL YEAR
1997-98
WHEREAS, the State of California has adopted legislation requiring local jurisdictions to
calculate their appropriation limits in complying with Article XIII B; and
WHEREAS, said limits are determined by a formula based upon change in population,
(city of county), combined with either the change in inflation (California per capita income) or
the change in the local assessment roll due to local nonresidential construction; and
WHEREAS, the local governing body is required to set an appropriation limit by
adoption of a resolution; and
WHEREAS, the county population percentage change 1.021% and the California per
capita personal income change is 4.671%.
In computing the 1997-98 limit, City Council has elected to use the county population
percentage change, and the California per capita income change was used, but the Council has a
right to change nonresidential assessed valuation percentage when the figure is available.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cupertino
hereby approves a 1997-98 fiscal appropriation limit of $33,664,197.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 16th day of June 1997, by the following vote:
Vote
AYES: Burnett,
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
City Clerk
Members of the City Council
Chang, Dean, Sorensen, Bautista
APPROVED:
~l/~yor, ~ity ~f ~upertino
City of Cupertino
Appropriation Limitation Calculation
1997-98 Budget
An annual calculation of the City's appropriation limitation is required by Article XIIIB of the
California Constitution. The 1986-87 fiscal year is used as the base year. City expenditures may
increase only in relation to changes in per capita income or growth in non-residential assessment
valuation, whichever is greater, and population change.
The City's 1997-98 adopted budget appropriations that are subject to limitation are $11.8 million
as shown below:
I. Determination of Appropriation Limit:
A 1996-97 Appropriation Limit
Adjustment Factors
1. Population Ratio 1.0210
2. Inflation Ratio 1.0467
B. Total Adjustment (1 * 2)
1997-98 Appropriation Limit (A * B)
II. Determination of Appropriations Subject to Limitation:
Proceeds of Taxes
Exclusions: Debt Service
1997-98 Appropriations Subject to Limitation
Current Year Limit
Amount Under Appropriation Limit
$31,500,138
1.0687
$33,664,197
$17,148,959
$ 5,379,100
$11,769,859
$33,664,197
$21,894,338