Resolution 2004- 64
RESOLUTION NO. 2004-64
RESOLUTION OF THE COUNCIL OF THE CITY OF GILROY
ADOPTING THE APPROPRIATION LIMIT FOR 2004-2005
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 of the subject limit.
NOW, THEREFORE, BE IT RESOLVED that the appropriation limit for the City of
Gilroy for 2004-2005 is $91,503,635.00.
PASSED AND ADOPTED this 21st day of June, 2004 by the following vote:
AYES:
COUNCILMEMBERS: CORREA, DILLON, GARTMAN, MORALES,
VALIQUETTE, VELASCO, and PINHEIRO
NOES:
COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ATTEST:
1 ~... . //l
~YLG&... L:G A~~
Rhonda Pellin, C-ity Clerk
APPROVED:
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RESOLUTION NO. 2004-64
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DETERMINATION OF THE APPROPRIATIONS LIMIT
CITY OF GILROY
FY 04/05
Fiscal Year 2003-04
Population Factor
Inflation Factor
Fiscal Year 2004-05
Adopted Limit $
(City Growth)
(California per capita income)
Limit $
85,734,113
1.0334
1.0328
91,503,635
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APPROPRIATIONS SUBJECT TO LIMITATION
CITY OF GILROY
FY04l05
BUDGET
A. Proceeds of Taxes
AMOUNT
$ 26,184,053
B. Exclusions
C. Appropriations Subject to Limitation $ 26,184,053
D. Current Year Limit $ 91,503,635
E. Over (Under) Limit $ (65,319,582)
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CALCULATION OF PROCEEDS OF TAXES
CITY OF GILROY
FY 04/05
BUDGET
GENERAL FUND
Proceeds Non-Proceeds
REVENUE of Taxes of Taxes Total
TAXES
Property Taxes $ 4,116,799 $ 4,116,799
Sales & Use Tax $ 13,111,620 $ 13,111,620
Business Licence Tax. $ 540,000 $ 540,000
Utility Users Tax $ 3,869,669 $ 3,869,669
Transient Occupancy Tax $ 795,104 $ 795,104
Special Police or Fire
Admissions Tax
Parking Tax (not fines)
Other Taxes $ 372,359 $ 372,359
FROM STATE
Motor Vehicle in Lieu $ 2,601,966 $ 2,601,966
Trailer Coach in Lieu
Off-Highway Vehicles
Gasoline Tax
) Cigarette Tax
Homeowners Relief $ 38,885 $ 38,885
y
State Grants $ 218,451 $ 218,451
Williamson Open Space
Tidelands Trust
SB90 Reimbursements
Repealed Subventions
Liquor Licence Fee
Highway carriers
Financial Aid to Locals
Business Inventory
78-79 Bailout Funds
OTHER GOVERNMENTS
General Revenue Sharing
Community Development (CDBG)
Housing (HUD)
C R A Reimbursement
LOCALLY RAISED
Special Benefit Assessments
Licences and Permits
Business Licences - Regulatory
Development Fees
Franchise Fees $ 969,916 $ 969,916
) Rents, Royalties,Concessions $ 40,000 $ 40,000
Fines, Forfeitures, Penalties $ 230,000 $ 230,000
) USER FEES
(from Worksheet #1) $ 139,911 $ 2,826,639 $ 2,966,550
OTHER MISCELLANEOUS
Transfers $ 2,383,147 $ 2,383,147
Miscellaneous $ 1,125,109 $ 1,125,109
SUB-TOTAL $ 25,586,313 $ 7,793,262 $ 33,379,575
(for Worksheet #3)
INTEREST EARNINGS $ 597,740 $ 182,060 $ 779,800
(From Worksheet #3)
TOTAL REVENUE $ 26,184,053 $ 7,975,322 $ 34,159,375
RESERVE WITHDRAWALS
(including appropriated fund balance)
Total ofthese Funds $ 26,184,053 $ 7,975,322 $ 34,159,375
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USER FEES VERSUS COSTS
CITY OF GILROY
FY 04105
BUDGET
USER FEES
Over(Under)
DEPT # DEPARTMENT NAME USER FEES COSTS COSTS
2601 Engineering $ 902,000 $ 870,530 $ 31,470
2602 Planning $ 340,000 $ 745,405 $ (405,405)
2603 B. L.E.S. $ 1,458,500 $ 1,350,059 $ 108,441
2605 Fire Prevention - Haz Mat $ 266,050 $ 373,298 $ (107,248)
Totals $ 2,966,550 $ 3,339,292 $ (372,742)
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INTEREST EARNINGS PRODUCED BY TAXES
CITY OF GILROY
FY 04105
BUDGET
A. NON-INTEREST TAX PROCEEDS $ 25,586,313
B. MINUS EXCLUSIONS $
C. NET INVESTED TAXES $ 25,586,313
D. TOTAL NON-INTEREST $ 33,379,575
Revenue plus Reserve
Withdraws
E. TAX PROCEEDS AS
PERCENT OF BUDGET 0.76653
F.INTEREST EARNINGS $ 779,800
G. AMOUNT OF INTEREST
EARNED FROM TAXES $ 597,740
) H. AMOUNT OF INTEREST $ 182,060
EARNED FROM NON-TAXES
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I, RHONDA PELLIN, City Clerk of the City of Gilroy, do hereby certify that the attached
Resolution No. 2004-64 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
21 st day of June, 2004, 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 29th day of June, 2004.
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City lerk of the City of Gilroy
(Seal)