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HomeMy WebLinkAboutStaff Report 278-09TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DATE: JUNE 15, 2009 REPORT TYPE: Consent DEPARTMENT: ADMINISTRATIVE SERVICES CMR: 278:09 SUBJECT: Adoption of Resolution Determining the Proposed Calculation of the Appropriations Limit for Fiscal Year 2010 RECOMMENDATION Staff recommends that Council adopt the attached resolution determining the Proposition 4 (Gann) Appropriations Limit calculation for Fiscal Year 20 I O. The City's Fiscal Year 2010 appropriations are estimated to be $43.97 million under the limit, assuming Council approval of the Fiscal Year 20 I 0 Adopted Budget. DISCUSSION Article XIIIB of the State Constitution (Proposition 4) limits the annual appropriations for 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" that have been received from the State. The Appropriations Limit for Fiscal Year 2010 is $116.38 million. When compared to the recommended 2010 Budget, the City's Fiscal Year 2010 budgeted appropriations are $43.97 million under the Limit. Based on Article XIIIB, the City of Palo Alto can use the larger of two measurements of population growth, (county or city population growth) in the Limit calculation. For Fiscal Year 2010, the City is using the city population factor, which is greater than the population factor for the County of Santa Clara (County). In Fiscal Year 2009, the population factor for the County was used in lieu of the City'S since the County's population factor was higher than the City'S. The City typically uses the highest factor in order to provide maximum appropriation flexibility. 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. CMR:278:09 Page 1 of3 RESOURCE IMPACT The adoption of the Fiscal Year 2010 Limit has no impact on City resources. POLICY IMPLICATIONS This recommendation is consistent with existing City policies. ENVIRONMENTAL REVIEW This is not a project under section 21065 of the California Environmental Quality Act. ATTACHMENTS Attachment A: Resolution determining the calculation of the Appropriations Limit for fiscal year 2010 Exhibit A: Appropriations Limitation Compliance Calculation For FY 2010 Adopted Budget PREPARED BY: DEPARTMENT HEAD APPROVAL: istrative Services CITY MANAGER APPROVAL: ~~K-E~N~E~--~~~­ City Manager CMR:278:09 Page 3 of3 Attachment A NOT YET APPROVED Resolution No ---Resolution of the Council of the City of Palo Alto Determining the Proposed Calculation of the Appropriations Limit for Fiscal Year 2010 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 fiscal year 1991, the City is pennitted to annually adjust its Limit in accordance with inflation and population adjustment factors; and WHEREAS, pursuant to Govermnent 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 201 0, which will be adopted by ordinance of the Council on June 15, 2009; and WHEREAS, pursuant to Government Code sections 7901 and 7910, the final calculation of the Limit has been detennined, and the adjustment factors on which the calculation is based are a 0.62% percent change in California per capita income and a 2.20% percent change in thc population growth for the City of Palo Alto; 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 are approximately $43.97 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 2010, the final calculation of the Appropriations Limit of the City of Palo Alto has been detennined in accordance with the adjustment factors referred to above, the documentation used in the determination of the calculation has been madc 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 $43.97 million. 090518 jb 0130482 SECTION 2. The Council hereby adopts the final calculation of the Appropriations Limit of the City for fiscal year 20 10, a copy of which is attached hereto as Exhibit A SECTION 3. The Council finds that the adoption of this resolution does not constitute a project under the California Environmental Quality Act, and, therefore, no environmental assessment is necessary. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk APPROVED AS TO FORM: Senior Asst City Attorney 090608 jb tH30482 2 APPROVED: Mayor City Manager Director of Administrative Services Exhibit A APPROPRIATIONS LIMITATION COMPLIANCE CALCULATION FOR FY 2010 ADOPTED BUDGET ($ IN MILLIONS) Combined Funds Total Budgeted Appropriations FY 2010 Proposed Budget ($ millions) 188.47 Less: Debt Service Transactions 1.22 Capital Outlay 65.45 Non-Proceeds of Taxes 49.39 INet Proposed Appropriations Subject to Limit $72.41 FY2010,Appropriations limit $116.38 .UnderLimlt By $43.97 Computation of Appropriation limit: FY 2010 Appropriations Limit: $113,173,703 FY 2010 City of Palo Alto Population Change 2.2000% 2010 Per Capita Income Change 0.6200% (1.0220) x (1.0062) x $113,173,703 = $116,380,638 General Capital Debt Special Fund Projects Service Revenue 114.62 65.45 1.22 7.18 1.22 65.45 47.14 2.25 $67.48 $0.00 $0.00 $4.93 1 , '" The City of Palo Alto remains well within its appropriations limit In FY 2010. 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, Special Revenue 'Funds, Debt Service Funds, and Capital Improvement Funds. The following is a summary of estimated limits and estimated appropriations subject to the limit. Historical Appropriations FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 Appropriations Subject to the Limit 65.87 70.45 73.30 78.64 72.41 Appropriations Limit 95.68 100.64 106.68 113.17 116.38 Under Limit By 29.81 30.19 33.38 34.53 43.97 Projected Appropriations FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 Estimated Appropriations Subject to Limit 78.20 84.46 91.22 98.51 106.39 Estimated Appropriations Limit 123.46 130.96 138.93 147.37 156.33 Under Limit By 45.25 46.50 47.71 48.86 49.94