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HomeMy WebLinkAboutRES NO 112-2021RESOLUTION NO. 2M-2021. A RESOLUTION ESTABLISHING THE CITY OF BAKERSFIELD APPROPRIATIONS LIMIT FOR FISCAL YEAR 2021-22. WHEREAS, Section 7910 of the California Government Code provides that each year the governing body of each local jurisdiction shall, by resolution, establish its appropriations limit at a regularly scheduled meeting; and WHEREAS, any judicial action or challenge for the 2021-22 fiscal year shall be commenced within 45 days of the effective date of this Resolution. WHEREAS, the City Council of the City of Bakersfield selects the per capita personal income and the population change as growth factors in computing the 2021-22 appropriation limit. NOW, THEREFORE, the City Council of the City of Bakersfield does hereby set the appropriations limit for fiscal year 2021-22 as $483,653,044. Documentation used in the determination of the appropriations limit is available to the public at the City Manager's Office, City Hall North, 1600 Truxtun Ave, Bakersfield, CA. •1• —1 — HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on !UN 16 2021 by the following vote: AYESCOUNCILMEMBER ARI'/ V/ AS, GONZALES, NEfR, SMITH, FREEMAN, GRAY, PARLIER NOES: COUNCILMEMBER N O QC- ABST COUNCILMEMBER Na aE SE COUNCILMEMBER INC-I(Z IJ LIE DRIMAKIS) CMC CITY CLERK and EX OFFICIO CLERK of the Council of the City of Bakersfield APPROVED -11-IN 16 2021 By KAREN K. GOH MAYOR of the City of Bakersfield APPROVED as to form: VIRGINIA GENNARO City Attorney By v OSHUA H. RUDNICK Deputy City Attorney Attachment Exhibit "A" 'v 0P.100 -NAL Exhibit A APPROPRIATIONS LIMIT PURSUANT TO STATE CONSTITUTION ARTICLE XIIIB - CITY OF BAKERSFIELD - EXHIBIT "A" PROPOSED FISCAL YEAR 2021-22 16-17 17-18 18-19 19-20 20-21 Base Year Appropriations Limit $345,718,719 $369,622,220 $388,695,397 $408,504,776 $429,959,287 Adjustment Factors: 1. Cal. per capita personal income adjustment limit 1.0537 1.0369 1.0367 1.0385 1.0373 SUBTOTAL 364,283,814 383,261,280 402,960,518 424,232,210 445,996,768 2. Population Change Ratio 1.012 1.0113 1.0112 1.0111 1.0143 SUBTOTAL 368,655,220 387,592,132 407,473,676 428,941,187 452,374,522 3. Booking fees/property tax admin fees' $967,000 (q) $1,103,265 (r) $1,031,100 (s) $1,018,100 (t) $801,200 (u) Appropriations limit for fiscal year $369,622,220 $388,695,397 $408,504,776 $429,959,287 $453,175,722 Proceeds of taxes $ 152,275,460 $ 152,257,480 $ 162,244,600 $ 230,936,800 $ 238,387,000 (q) booking fees are estimated at $400,000 and property tax admin. fees are estimated at $567,000 for FY 16-17 (s) booking fees are estimated at $400,000 and property tax admin. fees are estimated at $703,265 for FY 17-18 (s) booking fees are estimated at $379,000 and property tax admin. fees are estimated at $652,100 for FY 18-19 (t) booking fees are estimated at $379,000 and property tax admin. fees are estimated at $639,100 for FY 19-20 (u) booking fees are estimated at $160,000 and property tax admin. fees are estimated at $641,200 for FY 20-21 (v) booking fees are estimated at $160,000 and property tax admin. fees are estimated at $613,040 for FY 21-22 0c k -V Y O", ;f -P 2 ra1�1��+U 21-22 $453,175,722 419,142,691 482,880,004 $773,040 (v) $483,653,044 $ 269,105,300