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HomeMy WebLinkAbout1999-06-21 City Council (13)TO: ATTN: City HONORABLE CITY COUNCIL FINANCE COMMITTEE City of Palo Alto Manager’s Report 4 FROM:CITY MANAGER DEPARTMENT: ADMINISTRATIVE SERVICES DATE:JUNE 28, 1999 CMR: 290:99 SUBJECT:ADOPTION OF FINAL APPROPRIATION LIMIT CALCULATION RESOLUTION FOR 1999-00 RECOMMENDATION Staffrecommends that the Council adopt the attached resolution determining the Proposition 4 (Gann) Appropriations Limit calculation for Fiscal Year 1999-00. The City’s Fiscal Year 1999-00 appropriations are $12.69 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 the State in May after the City’s proposed budget has been submitted to Council. Attached is the final Appropriations Limit calculation, based on the "change factors" which have been received from the State. When compared to the recommended 1999-01 Budget, the City’s Fiscal Year 1999-00 appropriations are $12.69 million under the 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 1999-00 Appropriations Limit has no effect on City resources because the Proposed 1999-00 Budget is below the Limit. POLICY IMPLICATIONS This recommendation is consistent with existing City policies. CMR:290:99 Page 1 of 2 ATTACHMENTS Attachment A:Resolution determining the calculation of the Appropriations Limit for fiscal year 1999-00 PREPARED BY: Steven Montano, Senior Financial Analyst DEPARTMENT HEAD APPROVAL: CARL YEATS Director,Services CITY MANAGER APPROVAL: Manager CMR:290:99 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 1999-00 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 fisca! year 1999-00, which was adopted by ordinance of the Council on June 28, 1999; 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 4.53 percent change in California Per Capita Income and a 1.73 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 $12.69 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 1999-00, 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 $12.69 million. SECTION 2 The Council hereby adopts the final calculation of the Appropriations Limit of the City for fiscal year 1999-00, a copy of which is attached hereto as "Exhibit A". 990616 sdl 0032171 1 SECTION 3. The Council finds that the adoption of this resolution does not constitute a project under the California Environmental Quality Act,and,therefore,no environmental assessment is necessary. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST:APPROVED: City Clerk Mayor APPROVED AS TO FORM: Senior Asst. City Attorney City Manager Director of Administrative Services 990616 sdl 0032171 2 ESTIMATED APPROPRIATIONS LIMITATION COMPLIANCE CALCULATION FOR 1999-00 PROPOSED BUDGET ($ IN MILLIONS) Total Budgeted Appropriations 1999-00 Proposed Budget ($ millions) Less:Debt Service Transactions Capital Outlay Non-Proceeds of Taxes Net Proposed Appropriations Subject to Limit Combined Funds 101.91 2.80 5.39 36.29 57.43 General Fund 87.37 31.72 55.65 Capital Projects Debt Service Special Revenue 6.45 2.80 5.29 2.80 5.39 1.06 4.57 0.72 Computation of Appropriation Limit: 1998-99 Appropriations Limit: 1999-00 Santa Clara County Population Change 1999-00 Per Capita Income Change (1.0173) x (1.0453) x $65,946,054 = $ 65,946,054 1.73% 4.53% $ 70,125,958 s:/asdibudget/steve/9901budg/special revs/GANN calculation.xls-Summary t0:12 AM, 6/9/99