Resolution 2005-40RESOLUTION NO. 2005 -40
RESOLUTION OF THE COUNCIL OF THE CITY OF GILROY
ADOPTING THE APPROPRIATION LIMIT FOR 2005 -2006
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 2005 -2006 is $98,859,488.00.
PASSED AND ADOPTED this 13th day of .Tune, 2005 by the following vote:
AYES: COUNCILMEMBERS: CORREA, DILLON, GARTMAN, MORALES,
VALIQUETTE, and PINHEIRO
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: VELASCO
APPROVED:
A rt inheiro, Mayor
ATTEST:
Rhonda Pellin, City Clerk
RESOLUTION NO. 2005 -40
DETERMINATION OF THE APPROPRIATIONS LIMIT
CITY OF GILROY
FY 05/06
Fiscal Year 2004 -05 Adopted Limit $ 91,503,635
Population Factor (City Growth) 1.0264
Inflation Factor (California per capita income) 1.0526
Fiscal Year 2005 -06 Limit $ 98,859,488
APPROPRIATIONS SUBJECT TO LIMITATION
CITY OF GILROY
FY05 /06
BUDGET
AMOUNT
A. Proceeds of Taxes $ 27,972,319
B. Exclusions
C. Appropriations Subject to Limitation $ 27,972,319
D. Current Year Limit $ 98,859,488
E. Over (Under) Limit $ (70,887,169)
Cp' '11LATION OF PROCEEDS OF TAXES
CITY OF GILROY
FY 05/06
BUDGET
GENERALFUND
REVENUE
TAXES
Property Taxes
Sales & Use Tax
Business Licence Tax
Utility Users Tax
Transient Occupancy Tax
Special Police or Fire
Admissions Tax
Parking Tax (not fines)
Other Taxes
FROM STATE
Motor Vehicle in Lieu
Trailer Coach in Lieu
Off - Highway Vehicles
Gasoline Tax
Cigarette Tax
Homeowners Relief
State Grants
LOCALLY RAISED
Special Benefit Assessments
Licences and Permits
Business Licences - Regulatory
Development Fees
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)
TOTAL REVENUE
Proceeds Non - Proceeds
of Taxes of Taxes Total
$ 4,410,554 $ - $ 4,410,554
14,247,664.00 - 14,247,664.00
581,806.00 - 581,806.00
4,162,117.00 - 4,162,117.00
781,737.00 - 781,737.00
405,055.00 - 405,055.00
2,570,061.00 - 2,570,061.00
41,447.00 - 41,447.00
- 206,500.00 206,500.00
1,172,258.00
36,895.00
- 270,799.00
200,415.00 3,160,152.00
- 2,057,498.00
1,356,235.00
27,400,856.00 8,260,337.00
571,462.89
27,972,318.89
1,172,258.00
36,895.00
270,799.00
3,360,567.00
2,057,498.00
1,356,235.00
35,661,193.00
172,271.11 743,734.00
8,432, 608.11 36,404,927.00
RESERVE WITHDRAWALS - - _
(including appropriated fund balance)
Total of these Funds $ 27,972,319 $ 8,432,608 $ 36,404,927
USER FEES VERSUS COSTS
CITY OF GILROY
FY 05/06
BUDGET
USER FEES
Over(Under)
DEPT # DEPARTMENT NAME
USER FEES
COSTS
COSTS
2601 Engineering
$
1,157,426
$
957,011
$
200,415
2602 Planning
$
408,266
$
921,861
$
(513,595)
2603 B. L.E.S.
$
1,469,078
$
1,529,731
$
(60,653)
2605 Fire Prevention - Haz Mat
$
325,797
$
408,857
$
(83,060)
Totals
$
3,360,567
$
3,817,460
$
(456,893)
INTEREST EARNINGS PRODUCED BY TAXES
CITY OF GILROY
FY 05/06
BUDGET
A. NON - INTEREST TAX PROCEEDS
$ 27,400,856
B. MINUS EXCLUSIONS
$ -
C. NET INVESTED TAXES
$ 27,400,856
D. TOTAL NON - INTEREST
$ 35,661,193
Revenue plus Reserve
Withdraws
E. TAX PROCEEDS AS
PERCENT OF BUDGET 0.76837
F. INTEREST EARNINGS $ 743,734
G. AMOUNT OF INTEREST
EARNED FROM TAXES $ 571,463
H. AMOUNT OF INTEREST $ 172,271
EARNED FROM NON -TAXES
I, RHONDA PELLIN, City Clerk of the City of Gilroy, do hereby certify that the attached
Resolution No. 2005 -40 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
13th day of June, 2005, 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 28th day of June, 2005.
City Clerk of the City of Gilroy
(Seal)