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HomeMy WebLinkAbout1998-06-22 City Council (14)City of Palo Alto City Manager’s Report TO:HONORABLE CITY COUNCIL FROM:CITY MANAGER DEPARTMENT:ADMINISTRATIVE SERVICES DATE: SUBJECT: JUNE 22, 1998 CMR:277:98 ADOPTION OF FINAL APPROPRIATION LIMIT CALCULATION RESOLUTION FOR 1998-99 RECOMMENDATION Staff recommends that Council adopt the attached Resolution determining the Proposition 4 (Gann) Appropriations Limit calculation for fiscal year 1998-99. The City’s fiscal year 1998-99 appropriations are $12.7 million under the limit. DISCUSSION Article XIIIB of the State Constitution (Proposition 4) limits the annual appropriations for the State and local governments. The Appropriations limit (Limit) is adjusted annually on the basis of population-and per capita income "change factors." These factors are received from theState in May, after the City’s proposed budget has been submitted to Council. Attached is the final Limit calculation (Attachment 1), based on the "change factors" which have been received from the State. The City’s fiscal year 1998-99 Budget appropriations are $12.7 million under the Appropriations Limit. As required by State law, documentation used to compute the Limit has been made available to the public at least fifteen days prior to the Council meeting at which the Limit is being adopted, and notice was published of the availability of these materials. RESOURCE IMPACT The adoption of the 1998-99 Limit has no effect on City resources, because the Proposed 1998-99 Budget is below the Limit. POLICY IMPLICATIONS This recommendation is consistent with existing City policies. CMR:277:98 Page 1 of 2 ENVIRONMENTAL REVIEW No environmental assessment is necessary because this action is not a project under the California Environmental Quality Act (CEQA). ATTACHMENT Resolution determining the calculation of the Appropriations Limit for fiscal year 1998-99 PREPARED BY: Linda Craig, Senior Financial Analyst DEPARTMENT HEAD APPROVAL: CARL YEAT~y/ Director, Adrrlinistrative Services CITY MANAGER APPROVAL: Manager CC: n!a CMR:277:98 Page 2 of 2 RESOLUTION NO. RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO DETERMINING THE CALCULATION OF THE APPROPRIATIONS LIMIT OF THE CITY OF PALO ALTO FOR FISCAL YEAR 1998-99 WHEREAS, 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 WHEREAS, since 1990-91, the City is permitted to annually adjust its Limit in accordance with inflation and population adjustment factors; and WHEREAS, pursuant to Government Code Section 37200, the calculation of the Limit was set forth in the annual budget of the City for~fiscal year 1998-99, which was adopted by ordinance of the Council on June 22, 1998; and WHEREAS, pursuant to Government Code Section 7910, the final calculation of the Limit has been determined, and the adjustment factors on which the calculation is based are a 4.15 percent change in California Per Capita Income and a 2.12 percent change in the population growth of the County of Santa Clara; and WHEREAS, 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 WHEREAS, according to the final calculation, the City’s appropriations subject to limitation is approximately $12.7 million less than the Limit; NOW, THEREFORE, the Council of the City of Palo Alto does RESOLVE as follows: SECTION I. The Council of the City of Palo Alto hereby finds that, for fiscal year 1998-99, 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 has not exceeded the Limit by approximately $12.7 million. SECTIQN 2, The Council hereby adopts the final calculation of the Appropriations Limit of the City for fiscal year 1998-99, a copy of which is attached hereto as "Exhibit A". 9H0610 lac 00319~3 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: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST:APPROVED: City Clerk Mayor APPROVED AS TO FORM: Senior Asst. City Attorney City Manager Director of Administrative Services EXHIBIT A APPROPRIATIONS LIMITATION COMPLIANCE CALCULATION FOR ADOPTED 1998-99 BUDGET ( $ IN MILLIONS) Total Budgeted Appropriations 1998-99 Budget Less:Debt Service Transactions Capital Outlay Non-Proceeds of Taxes Appropriations from Reserves Combined Funds 91.89 1.40 5.26 31.79 0.23 Net Appropriations Subject to Limit $53.21 General Capital Debt Special Fund Projects Service Revenue 81.39 4.76 2.67 3.07 0 0 1.40 0 0 3.99 1.27 0 29.01 0 0 2.78 0.23 0 0 0 $52.15 $0.77 $0.00 $0.29 Computation of Appropriations Limit: 1997-98 Appropriations Limit 1998-99 Santa Clara County Population Change 1998-99 Per Capita Income Change $62,003,861 2.12% 4.15% (1.0415) x (1.0212) x 62,003,861 = 66,946,054 06/05/98 $65,946,054