Resolution 2003-42
RESOLUTION NO, 2003-42
RESOLUTION OF THE COUNCIL OF THE CITY OF GILROY
ADOPTING THE APPROPRIATION LIMIT FOR 2003-2004
FISCAL YEAR
WHEREAS, the voters of the State of California elected to add Article XIII. B, of the
California Constitution known as the Gann Initiative and Proposition 4; and
WHEREAS, the State of California, Department of Finance, and the League of California
Cities have established uniform guidelines and have published appropriate percentages for
California per capita and population changes for the implementation ofthe subject limit.
NOW, THEREFORE, BE IT RESOLVED that the appropriation limit for the City of
Gilroy for 2003-2004 is $85,734,113,00,
PASSED AND ADOPTED this 16th day of June, 2003 by the following vote:
AYES:
COUNCILMEMBERS: ARELLANO, DILLON, GARTMAN,
MORALES, PINHEIRO, and SPRINGER
NOES:
COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: VELASCO
APPROVED:
ATTEST:
-1-
RESOLUTION NO. 2003-42
DETERMINATION OF THE APPROPRIATIONS LIMIT
CITY OF GILROY
FY 03/04
Fiscal Year 2002-03
Population Factor
Inflation Factor
Fiscal Year 2003-04
Adopted Limit $
{City Growth}
{California per capita income}
Umh $
81,730,587
1.0253
1.0231
85,734,113
APPROPRIATIONS SUBJECT TO LIMITATION
CITY OF GILROY
FY03/04
BUDGET
A. Proceeds of Taxes
B. Exclusions
AMOUNT
$ 24,833,236
C. Appropriations Subject to Limitation $ 24,833,236
D. Current Year Limit $ 85,734,113
E. Over (Under) Limit $ (60,900,877)
REVENUE
TAXES
Property Taxes
Sales & Use Tax
Business Licence Tax
Utility Users Tax
Transient Occupancy Tax
Other Taxes
FROM STATE
Motor Vehicle in Lieu
Homeowners Relief
State Grants
LOCALLY RAISED
Franchise Fees
Rents, Royalties,Concessions
Fines, Forfeitures, Penalties
USER FEES
(from Worksheet #1)
OTHER MISCELLANEOUS
Transfers
Miscellaneous
SUB-TOTAL
(for Worksheet #3)
INTEREST EARNINGS
(From Worksheet #3)
TOT AL REVENUE
RESERVE WITHDRAWALS
(including appropriated fund balance)
Total of these Funds
CALCULATION OF PROCEEDS OF TAXES
CITY OF GILROY
FY 03/04
BUDGET
GENERAL FUND
Proceeds Non-Proceeds
of Taxes of Taxes Total
$ 4,129,468 $ 4,129,468
$ 12,125,522 $ 12,125,522
$ 503,908 $ 503,908
$ 3,460,738 $ 3,460,738
$ 776,381 $ 776,381
$ 345,728 $ 345,728
$ 2,553,310 $ 2,553,310
$ 38,022 $ 38,022
$ 128,451 $ 128,451
$ 947,246 $ 947,246
$ 37,000 $ 37,000
$ 226,000 $ 226,000
$ 175,298 $ 2,676,473 $ 2,851,771
$ 2,699,907 $ 2,699,907
$ 1,060,810 $ 1,060,810
$ 24,108,375 $ 7,775,887 $ 31,884,262
$ 724,861 $ 233,798 $ 958,659
$ 24,833,236 $ 8,009,685 $ 32,842,921
$ 24,833,236 $ 8,009,685 $ 32,842,921
INTEREST EARNINGS PRODUCED BY TAXES
CITY OF GILROY
FY 03/04
BUDGET
A. NON-INTEREST TAX PROCEEDS $ 24,108,375
B. MINUS EXCLUSIONS $
C. NET INVESTED TAXES $ 24,108,375
D. TOTAL NON-INTEREST $ 31,884,262
Revenue plus Reserve
Withdraws
E. TAX PROCEEDS AS
PERCENT OF BUDGET 0.75612
F.INTEREST EARNINGS $ 958,659
G. AMOUNT OF INTEREST
EARNED FROM TAXES $ 724,861
H. AMOUNT OF INTEREST $ 233,798
EARNED FROM NON-TAXES
USER FEES VERSUS COSTS
CITY OF GILROY
FY 03/04
BUDGET
USER FEES
Over(Under)
DEPT # DEPARTMENT NAME USER FEES COSTS COSTS
2601 Engineering $ 852,000 $ 709,372 $ 142,628
2602 Planning $ 390,000 $ 616,614 $ (226,614)
2603 B. L.E.S. $ 1 ,366,271 $ 1,333,601 $ 32,670
2605 Fire Prevention - Haz Mat $ 243,500 $ 344,519 $ (101,019)
Totals $ 2,851,771 $ 3,004,106 $ (152,335)
I, RHONDA PELLIN, City Clerk ofthe City of Gilroy, do hereby certify that the attached
Resolution No. 2003-42 is an original resolution, or true and correct copy of a city resolution,
duly adopted by the Council of the City of Gilroy at a regular meeting of said Council held on the
16th day of June, 2003, at which meeting a quorum was present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of
the City of Gilroy this 23rd day of June, 2003.
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City Clerk of the .City of Gilroy -
(Seal)