RES 85568 - Laserfiche WebLink

ARTICLE XIII B. 'GOVERNMENT SPENDING LIMITATION '-' x Section .... -- · ' .... : - ' ~' . .., · .:'~. -i~ 1. Total annual appropriations; amount not to exceed limit of prior year; adjustr~ents.' -, ' - 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; subvention2 ..... * ...... · 7. No impairment of Obligation to meet bonded indebtedness. ' ....... ::~ "': ": 8. Definitions. - " · ' 11. Adjustment of appropriations limit; judgment of court; s~ve'~'abi[ity. " ":': ' ' § 1. Tolal annual appropriations; amount not to exceed limit of prior year: adjustments See. l. The total annual appropriations subject to limitation of the state and of each local governmen~ 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 Article. (Added Nov. 6, 1979.) (.. ~ ~ ~. ' ....... "' ':' TM § 2. Disposition of excess revenues received; revision of tax rates and fee schedules .... ~' :' ~' See. 2. Revenues received by any entity of government in excess of th/~t amount which is appropriated by such entity in compliance with this Article during the fiscal year Shall be returned by a revision of tax rates or fee schedules within the next two subsequent fiscal years. i,: ., § 3. Adjustment of appropriation limits; ~'ansfer of financial responsibility; emergency Sec. 3. The appropriations limit for 'any fiscal year pursuant to Sec. I shall be adjusted as follows: (a) In the event 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 increased 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' respofisibility of providing services is transferred, in whole or in part, from an entity of government to a private entity, Or the financial source for the provision of services is transferred, in whole or in part, from other revenues of an entity of government, to regulatory licenses, user charges or user fees, then for'the year of such transfer the appropriations libnit of such entity of government shall be decreased accordingly.' ' (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 aggregate~ increase in appropriations resulting from the emergency. (Added l'~ov. 6, 1979.) -~ -...: - -...-. y .... § 4. f'~stablishment or change in appropriation limit fo;' new. Or' existing e~tities 'by electors See. 4. The appropriations limit imposed on any new or existing entity of government by this Article may be established or changed by the electors of such entity, ~ubject to and in conformity with constitutional and statutory voting requirements. The duration of any such change shall be as determined by said electors. but shall in no event exceed four years from the most recent vote of said electors creating or continuing such change. . (Added Nov. 6, 1979.) -, . -~ § 5. Establishment of funds by each entity of government; contributions; withdrawals Sec. 5. Each entity of government may establish such contingency, emergency, unemploy~nent, reserve, retirement, sinking fund, trust, or similar funds as it shall deem reasonable and proper. Contributions to any such fund, to the extent that such contributions are derived from the proceeds of taxes, shall for purposes of this Article constitute appropriations subject to limitation in the year of contribution. Neither withdrawals from any such fund, nor expenditures of (or authorizations to expend) such withdrawals, nor transfers between or among such funds, shall for purposes of this' Article constitute .appropriations subject to. !iinitat!on- _: ~- ....... ~,,. ;~ -. ., - ....... .~--:-;,,. :, (Added Nov. 6, 1979.) EXHIBIT