|
Title:
|
Adoption of a Resolution approving the Annual Appropriations Limit for Fiscal Year 2005-06.
|
City of Culver City, California
City Council Agenda Item Report
RECOMMENDATION:
That the City Council adopt the Resolution approving and adopting the Annual
Appropriations Limit for Fiscal Year 2005-2006.
BACKGROUND:
The Appropriations Limit, otherwise known as the Gann Limit or Proposition 4,
approved by the voters on November 6, 1979, added Article XIIIB to the State
Constitution. Article XIIIB places an appropriations limit on State and local
governments and requires them to establish their appropriations limit by resolution
each year at a regularly scheduled meeting or a noticed special meeting.
FISCAL ANALYSIS:
The base year for calculating the appropriations limit is Fiscal 1978-1979. Each
subsequent year, the total annual appropriations subject to the limit may not exceed
the appropriations limit for the prior year adjusted for changes in the cost of living
and city or county population.
Based on the proposed 2005-2006 budget, the City Treasurer has calculated the
City's 2005-2006 Appropriations Limit to be $68,725,700. The City's 2005-2006
appropriations which are applicable to this limit are expected to be approximately
$25 million under the appropriations limit.
Meeting Date: 06/27/05 Item Number: A-1
AGENDA ITEM:
Consideration of a Resolution Approving and Adopting the Annual
Appropriations Limit for Fiscal Year 2005-2006.
Contact Person/Dept.:
Karen Maggio/City Treasurer's Office
Phone Number: (310) 253-5844
Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No []
Public Hearing: [] Action Item: [X] Attachments: [X]
Public Notification:
Notice published in the Culver City News on 6/9/05; and Master Notification List on
6/22/05.
Department Approval:
Crystal C. Alexander 6/13/05
CAO Approval:
Jerry Fulwood 6/21/05
City Controller Approval:
Jim Lavery 6/20/05City of Culver City, California
City Council Agenda Item Report
ATTACHMENTS:
Resolution approving and adopting the Annual Appropriations Limit for Fiscal Year
2005-2006.
MOTION:
That the City Council:
Adopt the Resolution approving and adopting the Annual Appropriations Limit for
Fiscal Year 2005-2006.
MEETING DATE 06/2705
AGENDA ITEM Consideration of a Resolution of the City Council of the City of
Culver City Approving and Adopting the Annual Appropriations
Limit for Fiscal Year 2005-2006
ATTACHMENTS
Pages
1 Resolution Approving and Adopting the Annual Appropriations Limit
for Fiscal Year 2005-2006
1 - 6RESOLUTION NO 2005-R
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CULVER CITY, CALIFORNIA, APPROVING AND
ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR
FISCAL YEAR 2005-2006
WHEREAS, the voters of California on November 6, 1979 added Article XIIIB
to the State Constitution placing various limitations on the appropriations of the State and
local governments,
WHEREAS, Article XIIIB provides that the appropriations limit for the fiscal
year 1980-1981, and years thereafter, is calculated by adjusting the base year
appropriations of fiscal year 1978-1979 for the changes in the cost of living and City
population
WHEREAS, the City of Culver City has complied with all of the provisions of
Article XIIIB as amended in determining the appropriations limit for fiscal year 2005-2006
WHEREAS, the information necessary for establishing appropriations limit for
fiscal year 2005-2006 is attached in Exhibit "A", which is incorporated herein by this
reference as though set forth in full
NOW, THEREFORE, the City Council of the City of Culver City California,
DOES HEREBY RESOLVE as follows
I|1010101010101010 10
10|11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
It2-|101010101010101010 10
10|11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28|109| The appropriations limit for fiscal year 2005-2006 has been established
in accordance with Article XIIIB of the State Constitution as provided herein and in Exhibit
APPROVED and ADOPTED this day of
2005
ALBERT VERA, MAYOR
City of Culver City California
ATTEST APPROVED AS TO FORM
CHRISTOPHER ARMENTA, City Clerk tCARthlall ' A 'SI* CHWAB: '— ity Attorney
A05-00307 iCITY OF CULVER CITY
EXHIBIT A
ANALYSIS OF EFFECT OF APPROPRIATIONS LIMIT ON ESTIMATED REVENUE
FISCAL YEAR 2005-2006
Proposed Estimated Revenues for FY 2005 2006 $ 134 090 327
Less Estimated Revenues for
Enterprise Funds $ 33 581 174
Internal Service Funds 17 986 809 (51 567 983)
Total Governmental Type Funds 82 522 344
Less Estimated Revenues not derived from
the Proceeds of Taxes (see Schedule I) (32 259 048)
Total Estimated Revenues derived from
the Proceeds of Taxes (see Schedule I) $ 50 263 296
Less Voter Approved Indebtedness 0
Less Qualified Capital Outlay (6211 065)
Less Federal Mandates
PARS 40 500
FLSA Fire 115 700 (156 200)
Estimated Revenues subject to Appropriations Limit $ 43 896 031
Appropriations Limit FY 2005 2006 (Exhibit B) 68 725 700
Amount Under Limit $ 24 829 669CITY OF CULVER CITY
EXHIBIT B
2005-2006 APPROPRIATIONS LIMIT|109| FY 2004 2005 Appropriations Limit $ 64 531 174|109| Multiply FY 2004 2005 appropriations limit by the product of the
percentage change in the California per capital personal income
figure (1 0526) times the percentage change in the Los Angeles County
population (1 0118) as provided by the Department of Finance 1 0650|109| FY 2005 2006 Appropriations Limit $ 68 725 700
LICITY OF CULVER CITY
SCHEDULE I
ANALYSIS OF ESTIMATED REVENUES
FISCAL YEAR 2005-2006
PROCEEDS NON PROCEEDS
OF TAXES OF TAXES
REVENUE
GOVERNMENTAL TYPE FUNDS
GENERAL FUND
PROPERTY TAXES $ 2 775 000
OTHER TAXES
Sales Tax 17 640 000
Public Safety Sales Tax 350 000
Transient Occupancy Tax 2 250 000
Franchise Tax $ 1 375 000
Business License Tax 8 275 000
Real Property Transfer Tax 2 025 000
Utility User Tax 13 340 000
Corn/Id Development Tax 1 663 750
ERAF (971 000)
TOTAL OTHER TAXES $ 44 572 750 $ 1 375 000
LICENSES AND PERMITS
1 751 800
FINES FORFEITURES AND PENALTIES
3 925 000
USE OF MONEY AND PROPERTY 305 000
CHARGES FOR CURRENT SERVICE
7 446 820
INTER FUND/DEPARTMENTAL
5 862 097
INTERGOVERNMENTAL 2 500 000 105 700
OTHER REVENUE
1 391 500
TOTAL GENERAL FUND
BEFORE INTEREST $ 49 847 750 $ 22 162 917
PERCENT 692% 308%
INTEREST 415 546 184 954
TOTAL GENERAL FUND $ 50 263 296 $ 22 347 871CITY OF CULVER CITY
SCHEDULE I
ANALYSIS OF ESTIMATED REVENUES
FISCAL YEAR 2005-2006
PROCEEDS
OF TAXES
NON PROCEEDS
OF TAXES
GRANTS OPERATING FUND
$ 1 095 525
SECTION 8 FUND 2 846 104
PROP A LOCAL RETURN 590 390
PROP C LOCAL RETURN 489 698
COMMUNITY DEVELOPMENT IMPACT FEES 3 000
SPECIAL GAS FUND 750 000
PARK FACILITIES 5 000
PARKING IMPROVEMENT 782 800
CAPITAL IMPROVEMENT AND ACQUISITION 2 240 000
GRANTS CAPITAL 949 660
ASSET SEIZURE FUND
ART IN PUBLIC PLACES 112 000
LANDSCAPE MAINTENANCE DISTRICT 47 000
GRAND TOTAL $ 50 263 296 $ 32 259 048|1013|