RES 86009 - Laserfiche WebLink

ARTICLE XIII B. 'GOVERNMENT SPENDING LIMITATION. . .. Section ' ~; - - - - 1. Total annual appropriations; amount not to exceed limit of prior year; adjustments. 2. Disposition of excess revenues received; revision of tax rates and fee schedules. .-',- 3. Adjustment of appropriation limits; transfer of financial responsibility; emergency. 4. Establishment or change in appropriation limit' for new or existing entities by electors. 5. Establishment of funds by each entity of government; contributions; withdrawals. ' ' 6. New programs or services mandated by legislature or state agencies; sul~vention. _. 7. No impairment of obligation to meet bonded indebtedness. '" ..": ' ..... 8. Definitions ...... ' '. .. 10. Effective date. .... . . ..-. . . f,]: -, .- _ . .-:-- . -. . 11. Adjustment of appropriations limi~ "judgment of court4 sev~bability,:, '~,-. v-~ %" ..- '.: '-" § 1, Total annual appropriations; amount not to exceed limit of prior year~ adjustments See. 1. The total annual appropriations subject to limitation of ~he state-and of each local government shall not exceed the appropriations limit of such entity of government for the prior year adjusted for changes in the cost of living and population except as otherwise provided in this Areicle. (Added Nov. 6, 1979.) -,_ .-. .......... .- · ~ ...... :;-:.~.:, ~, ,- .... :~- · ;: -:.?..: § 2. Disposition or excess revenues received; revision of tax rates and fee schedules See. 2. Revenues received by any entity of government in excess of that amount which is appropriated by such entity in compliance with this Article during the fiscal year ~hall be returned by a revision of tax rates or fee schedules within the next two subsequent fiscal years (Added Nov. 6. 1979.) . § 3. Adjustment of appropriation' limits; 't~'ansfer of financial. responsibility; emergency See_ 3. The appropriations limit for any fiscal year pursuant to See. 1 shall be' adjusted as follo~.vs: (a) In the ever/t that the financial responsibility of providing services is transferred, in whole or in part. whether by annexation, incorporation or otherwise, from one entity of government to another. then for the year in which such transfer becomes effective the appropriations limit of the transferee entity shall be increas~l by such reasonable amount as the said entities shall mutually agree and the appropriations limit of the transferor entity shall be decreased by the same amount- -...- (b) In the event that the financial' x:espofisibility of providing services is.transferred. in whole or part, from an entity of government to a private entity, or the financial source for the provision services is transferred, in whole or in part. from other revenues of an entity o-f government, to regulatory licenses, user charges or user fces. then for-the year of such transfer the appropriations limit of such entity of governmen~ shall be decreased accordingly.' .-~ :-.' - :-5 ' _. ' : .... (c) 'In the event of an emergency, the appropriation limit may be exceeded provided that. the appropriation limits in the following three years are reduced accordingly to prevent an aggreg:~te increase in appropriations resulting from the emergency § 4. Establishment or change in appropriation limit for new or existing entities by cl~ctor~ Sec. 4 The appropriations limit imposed on any new or existing entity of government by Litis ArtAc~.e may be established c,v changed by the. electors of such entity, subject to and in con/c, rmicy with constitutional and sk~tutory voting requirements. The durado,~ ef any such change slla~l be determined by said electors, but ;;hall in no event exceed four years ~rorn the most recent vole of electors creating or celltinning such change." - . .... .7 'c ..' · ,: § 5.. Establishment'of fu~ds by each entity of government; contributions; withdrawals - Scc. 5.. Each entity of govermnent may establisb such co~,dngency, e'm'e~g~ncy, unemployn~nt. reserve. retirement. sinking fund, txust. or similar funds as it :fi~all deem reasonable and proper. (~jnLributions to any such fund. to the extent that such contributit~ns are derived from the prot ee, of taxes, shall for purposes of this Article constitute appropria[ion.~ subject to limilation in the y+.ar of contribution. Neither withdn~wals from any such fund. nor cxpe,ditures of (or authorizadol,s to expend) such withdrawals, nor tr. msfers between or among such funds, shall for purposes of tl:is (Added Nov. 6, 1979.) EXHIBIT