Legislation Details

File #: HIST-19680    Version: 1 Subject:
Type: Historical Status: Consent Agenda
In control: City Council Meeting Agenda
On agenda: 6/11/2012 Final action: 6/11/2012
Title: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2012/2013.
Attachments: 1. Adoption of a Resolution Approving and Adopting th - C-2__12_06_11 - CFO_CITY COUNCIL__Gann Limit - Fiscal 2012-13 - SR - FINAL.pdf, 2. Adoption of a Resolution Approving and Adopting th - C-2__12-06-12 GFO Gann Limit Attachment.pdf
City of Culver City, California Agenda Item Report RECOMMENDATION: Staff recommends the City Council adopt a Resolution approving and adopting the Annual Appropriations Limit for Fiscal Year 2012/2013. BACKGROUND/DISCUSSION: 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 XIII B provided that Fiscal Year 1978-79 would be considered the “base year” used to calculate the appropriations limit. Article XIII B was amended by the voters in 1990 through the approval of 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 1986/1987. 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 City Manager’s Proposed Budget for Fiscal Year 2012/2013, the Finance Department has calculated the City’s 2012/2013 Appropriations Limit to be $84,791,997. The City’s 2012/2013 appropriations from the proposed budget that Meeting Date: 6/11/12 Item Number: C-2 CITY COUNCIL AGENDA ITEM: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2012/2013. Contact Person/Dept.: Mary V. Noller, Budget & Accounting Operations Phone Number: (310) 253-6012 Fiscal Impact: Yes [ ] No [X] General Fund: Yes [ ] No [X] Public Hearing: [] Action Item: [] Attachments: [X] Public Notification: (E-Mail) Agenda and Meetings – City Council (06/08/12); Notification published in the Culver City News on May 24, 2012 and May 31, 2012. Department Approval: Jeff Muir () City Attorney Approval: Carol Schwab (by H. Baker) (06/06/12) Fiscal Impact Review: Jeff Muir (by M. Noller) (06/06/12) City Manager Approval: John M. Nachbar (06/07/12) City of Culver City, California Agenda Item Report are applicable to this limit are $69,085,716, which is $15,706,280 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 a Resolution approving and adopting the annual Appropriations Limit for Fiscal Year 2012/2013. MEETING DATE: 6/ 11/ 12 AGENDA ITEM: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 20 12- 13 ATTACHMENTS Pages 1. Proposed Resolution No. 20 11-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 – 6 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2012-R______ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CULVER CITY, CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 2012-2013. 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 2012-2013; WHEREAS, the information necessary for establishing appropriations limit for fiscal year 2012-2013 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 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1. The appropriations limit for fiscal year 2012-2013 is hereby established as $84,791,997 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 ______________, 2012. Andrew Weissman City of Culver City, California ATTEST: APPROVED AS TO FORM: MARTIN R. COLE, City Clerk CAROL A. SCHWAB, City Attorney CITY OF CULVER CITY EXHIBIT A ANALYSIS OF EFFECT OF APPROPRIATIONS LIMIT ON ESTIMATED REVENUE FISCAL YEAR 2012-2013 Proposed Estimated Revenues for FY 2012-2013 205,116,066 $ Less Estimated Revenues for Enterprise Funds 46,938,948 $ Internal Service Funds 18,833,795 (65,772,743) Total Governmental Type Funds 139,343,323 Less Estimated Revenues not derived from the Proceeds of Taxes (see Schedule I) (80,004,053) Total Estimated Revenues derived from the Proceeds of Taxes (see Schedule I) 59,339,270 $ Less Voter Approved Indebtedness 0 Less Qualified Capital Outlay 9,946,896 Less Federal Mandates: PARS 49,583 FLSA-Fire 150,867 (200,450) Estimated Revenues subject to Appropriations Limit 69,085,716 $ Appropriations Limit FY 2012-2013 (Exhibit B) 84,791,997 Amount Under Limit 15,706,280 $ CITY OF CULVER CITY EXHIBIT B 2012-2013 APPROPRIATIONS LIMIT 1. FY 2011-2012 Appropriations Limit 81,159,589 $ 2. 2012-2013 Change in Per Capita Personal Income: 3.77% 3. 2012-2013 Change in Population: 0.68% 4. Ratio of Change: (1.0377 x 1.0068)* 1.0448 5. FY 2012-2013 Appropriations Limit 84,791,997 $ * Multiply FY 2011-2012 appropriations limit by the product of the percentage change in the California per capital personal income figure ([3.77 + 100]/100 = 1.0377) times the percentage change in the Los Angeles County population ([0.68 + 100]/100 = 1.0068) as provided by the Department of Finance.CITY OF CULVER CITY SCHEDULE I ANALYSIS OF ESTIMATED REVENUES FISCAL YEAR 2012-2013 PROCEEDS NON-PROCEEDS OF TAXES OF TAXES REVENUE GOVERNMENTAL TYPE FUNDS GENERAL FUND PROPERTY TAXES 3,940,000 $ - OTHER TAXES: Sales Tax 17,700,000 - Public Safety Sales Tax 345,000 - Transient Occupancy Tax 3,815,000 - Franchise Tax - 1,350,000 $ Business License Tax 10,050,000 - Real Property Transfer Tax 1,300,000 - Utility User Tax 14,925,000 - Com/Ind Development Tax 250,000 - TOTAL OTHER TAXES 48,385,000 $ 1,350,000 $ LICENSES AND PERMITS - 2,092,810 FINES, FORFEITURES AND PENALTIES - 3,509,700 USE OF MONEY AND PROPERTY - 2,074,000 CHARGES FOR CURRENT SERVICE - 7,129,671 INTER FUND/DEPARTMENTAL - 4,264,758 INTERGOVERNMENTAL 3,357,337 343,500 OTHER REVENUE - 2,302,230 TOTAL GENERAL FUND BEFORE INTEREST 55,682,337 $ 23,066,669 $ PERCENT 70.7% 29.3% INTEREST 171,115 70,885 TOTAL GENERAL FUND 55,853,452 $ 23,137,554 $ CITY OF CULVER CITY SCHEDULE I ANALYSIS OF ESTIMATED REVENUES FISCAL YEAR 2012-2013 PROCEEDS NON-PROCEEDS OF TAXES OF TAXES GRANTS OPERATING FUND - 1,040,152 $ BUILDING SURCHARGE FUND - 74,000 SECTION 8 FUND - 1,789,306 PROP A LOCAL RETURN - 531,000 PROP C LOCAL RETURN - 767,044 COMMUNITY DEVELOPMENT IMPACT FEES - 4,000 SPECIAL GAS FUND - 1,069,000 PARK FACILITIES - 29,000 PARKING IMPROVEMENT - 1,252,250 CAPITAL IMPROVEMENT AND ACQUISITION - 1,108,000 GRANTS CAPITAL - 2,459,698 CDBG BLOCK GRANT FUNDS - 218,858 ART IN PUBLIC PLACES - 106,000 LANDSCAPE MAINTENANCE DISTRICT - 100,799 PARKING AUTHORITY - 225,000 HOUSING AUTHORITY - 4,348,848 SUCCESSOR AGENCY - 41,378,544 MEASURE R FUNDS - 365,000 GRAND TOTAL 55,853,452 $ 80,004,053 $