Legislation Details

File #: HIST-8634    Version: 1 Subject:
Type: Historical Status: Consent Agenda
In control: City Council Meeting Agenda
On agenda: 6/16/2008 Final action: 6/16/2008
Title: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2008-09.
Attachments: 1. Adoption of a Resolution Approving and Adopting th - C-2__08-06-16 CFO_Gann Limit - Fiscal 2008-09 - SR - FINAL.doc, 2. Adoption of a Resolution Approving and Adopting th - C-2__08_06_16 ATT CFO Appropriations Limit 08-09.pdf
City of Culver City, California City Council Agenda Item Report RECOMMENDATION: Staff recommends the City Council adopt the Resolution approving and adopting the Annual Appropriations Limit for Fiscal Year 2008-09. BACKGROUND/DISCUSSION: The Appropriations Limit, otherwise known as the Gann Limit or Proposition 4, approved by the voters on November 6, 1979, added Article XIII B to the State Constitution. Article XIII B 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. As adopted in 1979, Article XIIIB provided that Fiscal Year 1978-79 would be considered the “base year” used to calculate the appropriations limit. Article XIIIB was amended by the voters in 1990 with Proposition 111, which provided Fiscal Year 1986-1987 would become the “base year.” FISCAL ANALYSIS: As mentioned, the base year for calculating the appropriations limit is Fiscal Year 1986-87. 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. Meeting Date: 6/16/08 Item Number: C-2 AGENDA ITEM: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2008-09. Contact Person/Dept.: Mary V. Noller, Budget & Finance Phone Number: (310) 253-6012 Fiscal Impact: Yes [ ] No [X] General Fund: Yes [ ] No [X] Public Hearing: [] Action Item: [] Attachments: [X] Public Notification: Notification published in the Culver City News on May 29, 2008 and June 5, 2008; Master E-Mail Notification List (06/11/08); Department Approval: Jeff Muir (06/11/08) City Attorney Approval: Carol Schwab (by H. Baker) (06/11/08) Chief Financial Officer Approval: Jeff Muir (by M. Noller) (06/11/08) City Manager Approval: Jerry B. Fulwood (06/12/08) City of Culver City, California City Council Agenda Item Report Based on the proposed 2008-09 budget, the Finance Department has calculated the City’s 2008-09 Appropriations Limit to be $79,229,281. The City’s 2008-09 appropriations that are applicable to this limit are expected to be $30,357,049 under the appropriations limit. ATTACHMENTS: 1. Proposed Resolution 2. Exhibit A – Analysis of Effect of Appropriations Limit on Estimated Revenue 3. Exhibit B – Appropriations Limit 4. Schedule I – Analysis of Estimated Revenues MOTION: That the City Council: Adopt the Resolution approving and adopting the Annual Appropriations Limit for Fiscal Year 2008-09. MEETING DATE: 6/16/08 AGENDA ITEM: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2008-09. ATTACHMENTS Pages 1. Proposed Resolution No. 2008-RXXX 1 - 2 2. Exhibit A — Analysis of Effect of Appropriations Limit on Estimated Revenue 3 3. Exhibit B — Appropriations Limit 4 4. Schedule I — Analysis of Estimated Revenues 5— 6RESOLUTION NO. 2008-R A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CULVER CITY, CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 2008-2009. 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, as amended by Proposition III, provides that the appropriations limit for the fiscal year 1990-1991, and years thereafter, is calculated by adjusting the base year appropriations of fiscal year 1986-1987 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 XIII B as amended in determining the appropriations limit for fiscal year 2008-2009; WHEREAS, the information necessary for establishing appropriations limit for fiscal year 2008-2009 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, RESOLVES AS FOLLOWS: •••|101010101010101010 10 10|11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 281. The appropriations limit for fiscal year 2008-2009 is hereby established as $79,229,281 in accordance with Article XIII B of the State Constitution as more fully described in Exhibit "A", attached hereto and incorporated herein. APPROVED and ADOPTED this day of , 2008. D. SCOTT MALSIN, MAYOR City of Culver City, California ATTEST: APPROVED AS TO FORM: MARTIN R. COLE, City Clerk CAROL A. SCHWAB, City Attorney|10101010101010101010 10 10|11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28CITY OF CULVER CITY EXHIBIT A ANALYSIS OF EFFECT OF APPROPRIATIONS LIMIT ON ESTIMATED REVENUE FISCAL YEAR 2008-2009 Proposed Estimated Revenues for FY 2008-2009 $ 157,824,067 Less Estimated Revenues for Enterprise Funds $ 42,030,601 Internal Service Funds 18,888,952 (60,919,553) Total Governmental Type Funds 96,904,514 Less Estimated Revenues not derived from the Proceeds of Taxes (see Schedule I) (39,264,968) Total Estimated Revenues derived from the Proceeds of Taxes (see Schedule I) $ 57,639,546 Less Voter Approved Indebtedness o Less Qualified Capital Outlay (8,588,118) Less Federal Mandates: PARS 46,390 FLSA-Fire 132,806 (179,196) Estimated Revenues subject to Appropriations Limit $ 48,872,232 Appropriations Limit FY 2008-2009 (Exhibit B) 79,229,281 Amount Under Limit $ 30,357,049 3CITY OF CULVER CITY EXHIBIT B 2008-2009 APPROPRIATIONS LIMIT 1. FY 2007-2008 Appropriations Limit 2. 2008-2009 Change in Per Capita Personal Income: 3. 2008-2009 Change in Population: 4. Ratio of Change: (1.0429 x 1.0032)* 5. FY 2008-2009 Appropriations Limit $ 75,727,832 $ 79,229,281 1.0462 4.29% 0.32% * Multiply FY 2007-2008 appropriations limit by the product of the percentage change in the California per capital personal income figure (1.0429) times the percentage change in the Los Angeles County population (1.0032) as provided by the Department of Finance. 4CITY OF CULVER CITY SCHEDULE I ANALYSIS OF ESTIMATED REVENUES FISCAL YEAR 2008-2009 PROCEEDS NON-PROCEEDS OF TAXES OF TAXES REVENUE GOVERNMENTAL TYPE FUNDS GENERAL FUND PROPERTY TAXES $ 4,113,000 _ OTHER TAXES: Sales Tax 17,793,000 _ Public Safety Sales Tax 360,000 - Transient Occupancy Tax 2,850,000 - Franchise Tax $ 1,300,000 Business License Tax 10,150,000 Real Property Transfer Tax 1,500,000 - Utility User Tax 14,468,600 _ Com/Ind Development Tax 1,180,000 TOTAL OTHER TAXES $ 48,301,600 $ 1,300,000 LICENSES AND PERMITS 2,573,300 FINES, FORFEITURES AND PENALTIES 4,493,500 USE OF MONEY AND PROPERTY 329,000 CHARGES FOR CURRENT SERVICE 10,825,640 INTER FUND/DEPARTMENTAL 6,029,299 INTERGOVERNMENTAL 2,947,104 315,552 OTHER REVENUE 3,186,238 TOTAL GENERAL FUND BEFORE INTEREST $ 55,361,704 $ 29,052,529 PERCENT 65.6% 34.4% INTEREST 623,042 326,958 TOTAL GENERAL FUND $ 55,984,746 $ 29,379,487 5CITY OF CULVER CITY SCHEDULE I ANALYSIS OF ESTIMATED REVENUES FISCAL YEAR 2008-2009 PROCEEDS OF TAXES NON-PROCEEDS OF TAXES GRANTS OPERATING FUND $ 1,128,945 BUILDING SURCHARGE FUND - 98,000 SECTION 8 FUND 2,053,880 PROP A LOCAL RETURN - 677,000 PROP C LOCAL RETURN 721,959 COMMUNITY DEVELOPMENT IMPACT FEES - 3,000 SPECIAL GAS FUND - 756,000 PARK FACILITIES - 56,000 PARKING IMPROVEMENT - 983,250 CAPITAL IMPROVEMENT AND ACQUISITION 1,470,000 GRANTS CAPITAL 1,355,575 CDBG BLOCK GRANT FUNDS 298,008 ASSET SEIZURE FUND ART IN PUBLIC PLACES - 167,000 LANDSCAPE MAINTENANCE DISTRICT - 116,864 GRAND TOTAL $ 55,984,746 $ 39,264,968|1013|