Legislation Details

File #: HIST-14195    Version: 1 Subject:
Type: Historical Status: Consent Agenda
In control: City Council Meeting Agenda
On agenda: 6/14/2010 Final action: 6/14/2010
Title: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2010-11.
Attachments: 1. Adoption of a Resolution Approving and Adopting th - C-3__10-06-14 - CFO_CITY COUNCIL__Gann Limit - Fiscal 2010-11 - FINAL.doc, 2. Adoption of a Resolution Approving and Adopting th - 10_06_14 - Attachment_CFO_Appropriations Limit 10-11.pdf
City of Culver City, California City Council Agenda Item Report RECOMMENDATION: Staff recommends the City Council adopt a Resolution approving and adopting the Annual Appropriations Limit for Fiscal Year 2010-2011. 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 1978-1979 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. Meeting Date: 6/14/10 Item Number: C-3 AGENDA ITEM: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2010-11. Contact Person/Dept.: Mary V. Noller, Budget Manager Phone Number: (310) 253-6012 Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X] Public Hearing: [] Action Item: [] Attachments: [X] Commission Action Required: Yes [] No [X] Date: _______________ Public Notification: (E-Mail) Agenda and Meetings – City Council (06/09/10); Notification published in the Culver City News on May 27, 2010 and June 3, 2010. Department Approval: Jeff Muir (06/09/10) City Attorney Approval: Carol Schwab (by H. Baker) (06/09/10) Chief Financial Officer Approval: Jeff Muir (by M. Noller) (06/09/10) City Manager Approval: P. Lamont Ewell (06/10/10) City of Culver City, California City Council Agenda Item Report Based on the City Manager’s Proposed Budget for Fiscal Year 2010-2011, the Finance Department has calculated the City’s 2010-2011 Appropriations Limit to be $78,872,647. The appropriations subject to this limit are $40,715,097, which is $38,157,550 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 2010-2011. MEETING DATE: 6/14/10 AGENDA ITEM: Adoption of a Resolution Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2010-11 ATTACHMENTS Pages 1. Proposed Resolution No. 2010-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. 2010-R A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CULVER CITY, CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 2010-2011. 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 2010-2011; WHEREAS, the information necessary for establishing appropriations limit for fiscal year 2010-2011 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: ... ... ... ... ATTACHMENT 1 1 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 2010-2011 is hereby established as $78,872,647 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 ______________, 2010. CHRISTOPHER ARMENTA, MAYOR City of Culver City, California ATTEST: APPROVED AS TO FORM: MARTIN R. COLE, City Clerk CAROL A. SCHWAB, City Attorney ATTACHMENT 1 2CITY OF CULVER CITY EXHIBIT A ANALYSIS OF EFFECT OF APPROPRIATIONS LIMIT ON ESTIMATED REVENUE FISCAL YEAR 2010-2011 Proposed Estimated Revenues for FY 2010-2011 153,983,652 $ Less Estimated Revenues for Enterprise Funds 38,443,732 $ Internal Service Funds 19,019,417 (57,463,149) Total Governmental Type Funds 96,520,503 Less Estimated Revenues not derived from the Proceeds of Taxes (see Schedule I) (43,890,182) Total Estimated Revenues derived from the Proceeds of Taxes (see Schedule I) 52,630,321 $ Less Voter Approved Indebtedness 0 Less Qualified Capital Outlay (11,749,866) Less Federal Mandates: PARS 49,658 FLSA-Fire 115,700 (165,358) Estimated Revenues subject to Appropriations Limit 40,715,097 $ Appropriations Limit FY 2010-2011 (Exhibit B) 78,872,647 Amount Under Limit 38,157,550 $ |1010|ATTACHMENT 2CITY OF CULVER CITY EXHIBIT B 2010-2011 APPROPRIATIONS LIMIT 1. FY 2009-2010 Appropriations Limit 80,103,161 $ 2. 2010-2011 Change in Per Capita Personal Income: -2.54% 3. 2010-2011 Change in Population: 1.03% 4. Ratio of Change: (0.9746 x 1.0103)* 0.9846 5. FY 2010-2011 Appropriations Limit 78,872,647 $ * Multiply FY 2009-2010 appropriations limit by the product of the percentage change in the California per capital personal income figure ([-2.54 + 100]/100 = 0.9746) times the percentage change in the Los Angeles County population ([1.03 + 100]/100 = 1.0103) as provided by the Department of Finance.|1010|ATTACHMENT 3CITY OF CULVER CITY SCHEDULE I ANALYSIS OF ESTIMATED REVENUES FISCAL YEAR 2010-2011 PROCEEDS NON-PROCEEDS OF TAXES OF TAXES REVENUE GOVERNMENTAL TYPE FUNDS GENERAL FUND PROPERTY TAXES 3,970,000 $ - OTHER TAXES: Sales Tax 15,521,340 - Public Safety Sales Tax 310,000 - Transient Occupancy Tax 2,850,000 - Franchise Tax - 1,400,000 $ Business License Tax 9,827,000 - Real Property Transfer Tax 750,000 - Utility User Tax 14,775,000 - Com/Ind Development Tax 400,000 - TOTAL OTHER TAXES 44,433,340 $ 1,400,000 $ LICENSES AND PERMITS - 2,223,066 FINES, FORFEITURES AND PENALTIES - 4,034,000 USE OF MONEY AND PROPERTY - 329,000 CHARGES FOR CURRENT SERVICE - 11,623,730 INTER FUND/DEPARTMENTAL - 4,803,290 INTERGOVERNMENTAL 3,789,171 240,660 OTHER REVENUE - 3,026,290 TOTAL GENERAL FUND BEFORE INTEREST 52,192,511 $ 27,680,036 $ PERCENT 65.3% 34.7% INTEREST 437,810 232,190 TOTAL GENERAL FUND 52,630,321 $ 27,912,226 $ ATTACHMENT 4 5CITY OF CULVER CITY SCHEDULE I ANALYSIS OF ESTIMATED REVENUES FISCAL YEAR 2010-2011 PROCEEDS NON-PROCEEDS OF TAXES OF TAXES GRANTS OPERATING FUND - 1,331,535 $ BUILDING SURCHARGE FUND - 115,000 SECTION 8 FUND - 1,849,306 PROP A LOCAL RETURN - 680,000 PROP C LOCAL RETURN - 770,581 COMMUNITY DEVELOPMENT IMPACT FEES - 12,000 SPECIAL GAS FUND - 756,000 PARK FACILITIES - 35,000 PARKING IMPROVEMENT - 1,436,499 CAPITAL IMPROVEMENT AND ACQUISITION - 4,946,500 GRANTS CAPITAL - 3,599,000 CDBG BLOCK GRANT FUNDS - 293,535 ASSET SEIZURE FUND - - ART IN PUBLIC PLACES - 70,000 LANDSCAPE MAINTENANCE DISTRICT - 73,000 TRAFFIC CONGESTION RELIEF FUND 10,000 GRAND TOTAL 52,630,321 $ 43,890,182 $ ATTACHMENT 4|1013|