Resolution 2006-44
RESOLUTION NO. 2006-44
RESOLUTION OF THE COUNCIL OF THE CITY OF GILROY
ADOPTING THE APPROPRIATION LIMIT FOR 2006-2007
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 2006-2007 is $105,035,359.00.
PASSED AND ADOPTED this 12th day of June, 2006 by the following vote:
AYES:
COUNCILMEMBERS: ARELLANO, CORREA, VALIQUETTE, and
PINHEIRO
NOES:
COUNCILMEMBERS: BRACCO and GARTMAN
ABSENT: COUNCILMEMBERS: VELASCO
APPROVED:
IJ~C~~AA
Rhonda Pellin, City Clerk
-1-
RESOLUTION NO, 2006-44
DETERMINATION OF THE APPROPRIATIONS LIMIT
CITY OF GILROY
FY 06107
Fiscal Year 2005-06
Population Factor
Inflation Factor
Fiscal Year 2006-07
Adopted Limit
(City Growth)
(California per capita income)
Limit
$ 98,859,488
1.022
1.0396
$ 105,035,359
APPROPRIATIONS SUBJECT TO LIMITATION
CITY OF GILROY
FY06l07
BUDGET
A. Proceeds of Taxes
AMOUNT
$ 31,465,810
B. Exclusions
C. Appropriations Subject to Limitation $ 31,465,810
D. Current Year Limit $ 105,035,359
E. Over (Under) Limit $ (73,569,549)
CALCULATION OF PROCEEDS OF TAXES
CITY OF GILROY
FY 06107
BUDGET
GENERAL FUND
Proceeds Non-Proceeds
REVENUE of Taxes of Taxes Total
TAXES
Property Taxes $ 8,512,718.00 $ $ 8,512,718.00
Sales & Use Tax 14,916,688.00 14,916,688.00
Business Licence Tax 555,354.00 555,354.00
Utility Users Tax 4,445,386.00 4,445,386.00
Transient Occupancy Tax 852,551.00 852,551.00
Special Police or Fire
Admissions Tax
Parking Tax (not fines)
Other Taxes 552,391.00 552,391.00
FROM STATE
Motor Vehicle in Lieu 242,943.00 242,943.00
Trailer Coach In Lieu
Off-Highway Vehicles
Gasoline Tax
Cigarette Tax
Homeowners Relief 43,691.00 43,691.00
State Grants 197,961.00 197,961.00
LOCALLY RAISED
Special Benefit Assessments
Licences and Permits
Business Licences - Regulatory
Development Fees
Franchise Fees 1,251,682.00 1,251,682.00
Rents, Royalties,Concessions
Fines, Forfeitures, Penalties 290,815.00 290,815.00
USER FEES
(from Worksheet #1) 618,625.00 3,609,877 .00 4,228,502.00
OTHER MISCELLANEOUS
Transfers 1,828,258.00 1,828,258.00
Miscellaneous 1,393,800.00 1,393,800.00
SUB-TOTAL 30,740,347.00 8,572,393.00 39,312,740.00
(for Worksheet #3)
INTEREST EARNINGS 725,462.82 202,310.18 927,773.00
(From Worksheet #3)
TOTAL REVENUE 31,465,809.82 8,774,703.18 40,240,513.00
RESERVE WITHDRAWALS
(including appropriated fund balance)
Total of these Funds $ 31,465,809.82 $ 8,774,703.18 $ 40,240,513.00
USER FEES VERSUS COSTS
CITY OF GILROY
FY 06107
USER FEES
Over(Under)
DEPT # DEPARTMENT NAME USER FEES COSTS COSTS
2601 Engineering $ 1,391,860 $ 997,768 $ 394,092
2602 Planning $ 609,764 $ 974,982 $ (365,218)
2603 B. L.E.S. $ 1,848,710 $ 1,624,177 $ 224,533
2605 Fire Prevention - Haz Mat $ 378,168 $ 414,861 $ (36,693)
Totals $ 4,228,502 $ 4,011,788 $ 216,714
INTEREST EARNINGS PRODUCED BY TAXES
CITY OF GilROY
FY 06107
BUDGET
A. NON-INTEREST TAX PROCEEDS $ 30,740,347
B. MINUS EXCLUSIONS $
C. NET INVESTED TAXES $ 30,740,347
D. TOTAl NON-INTEREST $ 39,312,740
Revenue plus Reserve
Withdraws
E. TAX PROCEEDS AS
PERCENT OF BUDGET 0.78194
F. INTEREST EARNINGS $ 927,773
G. AMOUNT OF INTEREST
EARNED FROM TAXES $ 725,463
H. AMOUNT OF INTEREST $ 202,310
EARNED FROM NON.TAXES
I, RHONDA PELLIN, City Clerk ofthe City of Gilroy, do hereby certify that the attached
Resolution No. 2006-44 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
12th day of June, 2006, 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 5th day of July, 2006.
J
~A {2u~A'
City Clerk of the City of Gilroy
(Seal)