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Home My WebLink AboutRESO 997020210621 tlh 0140218 1 Resolution No. 9970 Resolution of the Council of the City of Palo Alto Determining the Calculation of the Appropriations Limit for Fiscal Year 2022 R E C I T A L S 1. Under Article XIIIB of the Constitution of the State of California, the City of Palo Alto (City) may not appropriate any proceeds of taxes in excess of its appropriations limit (Limit); and 2. Since fiscal year 1991, the City is permitted to annually adjust its Limit in accordance with inflation and population adjustment factors; and 3. Pursuant to Government Code Section 37200, the calculation of the Limit and the total appropriations subject to the limit were set forth in the annual budget of the City for Fiscal Year 2022, which was adopted by ordinance of the Council on June 21, 2021; and 4. Pursuant to Government Code sections 7901 and 7910, the final calculation of the Limit has been determined, and the adjustment factors on which the calculation is based are a 5.73% percent change in California per capita income and a -0.56% percent change in the population growth for the County of Santa Clara; and 5. The documentation used in the determination of the Limit has been made available to the general public for fifteen (15) days prior to the date of adoption of this resolution; and 6. According to the final calculation, the City’s net appropriations subject to limitation are approximately $127.09 million. NOW THEREFORE THE CITY COUNCIL OF THE CITY OF PALO ALTO RESOLVES AS FOLLOWS: SECTION 1. The Council of the City of Palo Alto hereby finds that, for Fiscal Year 2022, the final calculation of the Appropriations Limit of the City of Palo Alto has been determined in accordance with the adjustment factors referred to above, the documentation used in the determination of the calculation has been made available to the general public for the period of fifteen days as required by law, and the City’s appropriations subject to limitation are under the Limit by approximately $63.07 million. SECTION 2. The Council hereby adopts the final calculation of the Appropriations Limit of the City for Fiscal Year 2022, a copy of which is attached hereto as Exhibit 1. DocuSign Envelope ID: FF4E8634-4F3F-473B-AD99-AE7C7874B435 20210621 tlh 0140218 2 SECTION 3. The Council finds that the adoption of this resolution does not constitute a project under the California Environmental Quality Act, and, therefore, no environmental assessment is necessary. INTRODUCED AND PASSED: June 21, 2021 AYES: BURT, CORMACK, DUBOIS, FILSETH, KOU, STONE, TANAKA NOES: ABSENT: ABSTENTIONS: ATTEST: APPROVED: ___________________________ _______________________________ City Clerk Mayor APPROVED AS TO FORM: _______________________________ City Manager ___________________________ City Attorney _______________________________ Administrative Services Director DocuSign Envelope ID: FF4E8634-4F3F-473B-AD99-AE7C7874B435 Attachment A, Exhibit 1 FY 2022 Adopted Budget 209.21$ 69.03$ 16.45$ 7.34$ 302.03$ Less: Interfund Transfers (14.70)$ 2.38$ (10.92)$ -$ (23.24)$ Allocated Charges (20.12)$ -$ -$ -$ (20.12)$ Non-Proceeds (51.52)$ (64.45)$ (8.27)$ (7.34)$ (131.58)$ Net Appropriations Subject to Limit 122.87$ 6.96$ (2.74)$ 0.00$ 127.09$ FY 2022 Per Capita Income Change (CA Department of Finance) 5.73% Factor A 1.0573 FY 2022 Population Change (Santa Clara County) -0.56% Factor B 0.9999 179.86$ 1.0572 190.16$ Net Appropriations Subject to Limit 127.09$ Amount Under the Limit 63.07$ 1.0373 1.0037 1.0411 179.86$ 113.06$ 66.81$ 1.0385 1.0033 1.0419 171.75$ 127.42$ 45.34$ 1.0367 1.0040 1.0408 164.83$ 114.94$ 50.87$ 1.0369 1.0082 1.0454 158.36$ 131.49$ 26.88$ 1.0537 1.0130 1.0674 151.48$ 109.51$ 41.97$ 1.0382 1.0113 1.0499 141.92$ 100.60$ 41.31$ 0.9977 1.0150 1.0127 135.17$ 82.93$ 52.24$ 1.0512 1.0157 1.0677 133.48$ 90.28$ 43.20$ 1.0377 1.0124 1.0506 125.01$ 96.73$ 28.28$ 1.0251 1.0089 1.0342 119.00$ 89.00$ 30.00$ 0.9746 1.0144 0.9886 115.06$ 78.94$ 36.12$ 2021 APPROPRIATIONS LIMITATION COMPLIANCE CALCULATION FOR FISCAL YEAR 2022 ADOPTED BUDGET ($ IN MILLIONS) Total Budgeted Appropriations General Fund Capital Projects Funds Special Revenue Funds Debt Service Fund Combined Funds FY 2021 Adopted Appropriations Limit Factor A x Factor B The City of Palo Alto remains well within its appropriations limit in FY 2022. Future year limit trends can be made based on the average change in regional population and income growth. The appropriations subject to limitation includes proceeds of taxes from the General Fund, Capital Projects Fund, and Special Revenue Funds. Fiscal Year Per Capita Income Factor Population Change Factor Total Adjustment Factor Appropriations Limit Appropriations Subject to Limit Amount Under the Limit FY 2022 Adopted Appropriations Limit On November 6, 1979, California voters approved Proposition 4, an initiative that added Article XIIIB to the state Constitution. The provisions of this article place limits on the amount of revenue that can be appropriated by all entities of government. The Appropriations Limit is based on actual appropriations during the 1978-1979 fiscal year, as increased each year using specified population and inflationary growth factors. 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 DocuSign Envelope ID: FF4E8634-4F3F-473B-AD99-AE7C7874B435 Certificate Of Completion Envelope Id: FF4E86344F3F473BAD99AE7C7874B435 Status: Completed Subject: Please DocuSign: RESO 9970 GANN Resolution FY 2022.doc, RESO 9970 Exhibit 1 Final Calculation o... Source Envelope: Document Pages: 3 Signatures: 5 Envelope Originator: Certificate Pages: 2 Initials: 0 Danielle Kang AutoNav: Enabled EnvelopeId Stamping: Enabled Time Zone: (UTC-08:00) Pacific Time (US & Canada) 250 Hamilton Ave Palo Alto , CA 94301 Danielle.Kang@cityofpaloalto.org IP Address: 199.33.32.254 Record Tracking Status: Original 6/23/2021 10:13:26 AM Holder: Danielle Kang Danielle.Kang@cityofpaloalto.org Location: DocuSign Security Appliance Status: Connected Pool: StateLocal Storage Appliance Status: Connected Pool: City of Palo Alto Location: DocuSign Signer Events Signature Timestamp Molly Stump Molly.Stump@CityofPaloAlto.org City Attorney City of Palo Alto Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 199.33.32.254 Sent: 6/23/2021 10:17:46 AM Resent: 6/28/2021 8:18:26 AM Viewed: 6/28/2021 11:06:50 AM Signed: 6/28/2021 11:07:04 AM Electronic Record and Signature Disclosure: Not Offered via DocuSign Kiely Nose Kiely.Nose@CityofPaloAlto.org Director, Administrative Services/CFO City of Palo Alto Security Level: Email, Account Authentication (None) Signature Adoption: Uploaded Signature Image Using IP Address: 73.71.66.28 Sent: 6/28/2021 11:07:06 AM Viewed: 6/28/2021 6:26:51 PM Signed: 6/28/2021 6:27:21 PM Electronic Record and Signature Disclosure: Not Offered via DocuSign Ed Shikada Ed.Shikada@CityofPaloAlto.org Ed Shikada, City Manager City of Palo Alto Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 199.33.32.254 Sent: 6/28/2021 6:27:23 PM Viewed: 6/29/2021 10:18:33 AM Signed: 6/29/2021 10:24:52 AM Electronic Record and Signature Disclosure: Not Offered via DocuSign Tom DuBois tomforcouncil@gmail.com Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 71.204.168.76 Sent: 6/29/2021 10:24:54 AM Viewed: 6/29/2021 11:54:32 AM Signed: 6/29/2021 11:54:45 AM Electronic Record and Signature Disclosure: Not Offered via DocuSign Signer Events Signature Timestamp Beth Minor beth.minor@cityofpaloalto.org City Clerk City of Palo Alto Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 199.33.32.254 Sent: 6/29/2021 11:54:48 AM Viewed: 6/29/2021 12:11:36 PM Signed: 6/29/2021 12:11:48 PM Electronic Record and Signature Disclosure: Not Offered via DocuSign In Person Signer Events Signature Timestamp Editor Delivery Events Status Timestamp Agent Delivery Events Status Timestamp Intermediary Delivery Events Status Timestamp Certified Delivery Events Status Timestamp Carbon Copy Events Status Timestamp Witness Events Signature Timestamp Notary Events Signature Timestamp Envelope Summary Events Status Timestamps Envelope Sent Hashed/Encrypted 6/23/2021 10:17:46 AM Certified Delivered Security Checked 6/29/2021 12:11:36 PM Signing Complete Security Checked 6/29/2021 12:11:48 PM Completed Security Checked 6/29/2021 12:11:48 PM Payment Events Status Timestamps