Legislation Details

File #: HIST-2888    Version: 1 Subject:
Type: Historical Status: Action Item
In control: City Council Meeting Agenda
On agenda: 6/26/2006 Final action: 6/26/2006
Title: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2006 2007.
Attachments: 1. A-5__06-06-26_CTO_AppropriationLimitforFiscal2006-2007.doc, 2. A-5 Annual Appropriations Limit Resolution.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 2006/2007. 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 2006-2007 budget, the City Treasurer has calculated the City's 2006-2007 Appropriations Limit to be $73,289,086. The City's 2006-2007 appropriations which are applicable to this limit are expected to be $27,751,746 under the appropriations limit. Meeting Date: 06/26/06 Item Number: A-5 AGENDA ITEM: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2006-2007. 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 6/15/06 and 6/22/06; Master Notification List on 6/21/06. Department Approval: Crystal C. Alexander (06/15/2006) CAO Approval: Jerry B. Fulwood (06/20/2006) City Controller Approval: Marlee Chang (06/20/2006)City of Culver City, California City Council Agenda Item Report ATTACHMENTS: Resolution approving and adopting the Annual Appropriations Limit for Fiscal Year 2006-2007. MOTION: That the City Council: Adopt the Resolution approving and adopting the Annual Appropriations Limit for Fiscal Year 2006-2007. MEETING DATE 6/26/06 AGENDA ITEM Adoption of a Resolution Approving and Adopting the Annual Appropnations Limit for Fiscal Year 2006-2007 ATTACHMENTS Pages 1 Resolution Approving and Adopting the Annual Appropnations Limit 1 - 5RESOLUTION NO 2006-R A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CULVER CITY, CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 2006-2007 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 2006-2007, WHEREAS the information necessary for establishing appropriations limit for fiscal year 2006-2007 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 1 The appropriations limit for fiscal year 2006-2007 has been established in accordance with Article XIIIB of the State Constitution as provided herein and in Exhibit "A" APPROVED and ADOPTED this day of , 2006 GARY SILBIGER, MAYOR City of Culver City, California ATTEST APPROVED AS TO FORM CHRISTOPHER ARMENTA City Clerk CAROL A SCHWAB, City Attorney /EXHIBIT "A" CITY OF CULVER CITY EXHIBIT A ANALYSIS OF EFFECT OF APPROPRIATIONS LIMIT ON ESTIMATED REVENUE FISCAL YEAR 2006-2007 Proposed Estimated Revenues for FY 2006 2007 $ 135 162 992 Less Estimated Revenues for Enterprise Funds $ 35 089 255 Internal Service Funds 17 057 574 (52 146 829) Total Governmental Type Funds 83 016 163 Less Estimated Revenues not derived from the Proceeds of Taxes (see Schedule I) (31 782 984) Total Estimated Revenues derived from the Proceeds of Taxes (see Schedule I) $ 51 233 179 Less Voter Approved Indebtedness (915 000) Less Qualified Capital Outlay (4 614 839) Less Federal Mandates PARS 85 000 FLSA Fire 81 000 (166 000) Estimated Revenues subject to Appropriations Limit $ 45 537 340 Appropriations Limit FY 2006 2007 (Exhibit B) 73 289 086 Amount Under Limit $ 27 751 746 r2_CITY OF CULVER CITY EXHIBIT B 2006-2007 APPROPRIATIONS LIMIT|109| FY 2005 2006 Appropriations Limit $ 68 725 700|109| Multiply FY 2005 2006 appropriations limit by the product of the percentage change in the California per capital personal income figure (1 0396) times the percentage change in the Los Angeles County population (1 0258) as provided by the Department of Finance 1 0664|109| FY 2006 2007 Appropriations Limit $ 73 289 086 CITY OF CULVER CITY SCHEDULE I ANALYSIS OF ESTIMATED REVENUES FISCAL YEAR 2006-2007 PROCEEDS OF TAXES REVENUE NON PROCEEDS OF TAXES GOVERNMENTAL TYPE FUNDS GENERAL FUND PROPERTY TAXES $ 2 988 000 OTHER TAXES Sales Tax 17 650 000 Public Safety Sales Tax 361 000 Transient Occupancy Tax 2 100 000 Franchise Tax $ 1 200 000 Business License Tax 8 804 100 Real Property Transfer Tax 2 517 000 Utility User Tax 13 380 000 Com/Ind Development Tax 372 640 TOTAL OTHER TAXES $ 45 184 740 $ 1 200 000 LICENSES AND PERMITS 1 472 601 FINES FORFEITURES AND PENALTIES 4 370 000 USE OF MONEY AND PROPERTY 353 000 CHARGES FOR CURRENT SERVICE 8 314 369 INTER FUND/DEPARTMENTAL 5 574 047 INTERGOVERNMENTAL 2 647 670 295 000 OTHER REVENUE 1 596 056 TOTAL GENERAL FUND BEFORE INTEREST $ 50 820 410 $ 23 175 073 PERCENT 687% 31 3% INTEREST 412 769 188 231 TOTAL GENERAL FUND $ 51 233 179 $ 23 363 304CITY OF CULVER CITY SCHEDULE I ANALYSIS OF ESTIMATED REVENUES FISCAL YEAR 2006-2007 PROCEEDS OF TAXES NON PROCEEDS OF TAXES GRANTS OPERATING FUND $ 1 246 280 SECTION 8 FUND 2 554 548 PROP A LOCAL RETURN 632 343 PROP C LOCAL RETURN 974 017 COMMUNITY DEVELOPMENT IMPACT FEES 3 000 SPECIAL GAS FUND 750 000 PARK FACILITIES 5 000 PARKING IMPROVEMENT 822 200 CAPITAL IMPROVEMENT AND ACQUISITION 1 148 000 GRANTS CAPITAL 58 292 ASSET SEIZURE FUND ART IN PUBLIC PLACES 129 000 LANDSCAPE MAINTENANCE DISTRICT 47 000 BUILDING SURCHARGE 50 000 GRAND TOTAL $ 51 233 179 $ 31 782 984|1013|