Loading...
HomeMy WebLinkAboutStaff Report 285-10TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DATE: JUNE 28, 2010 REPORT TYPE: Consent DEPARTMENT: ADMINISTRATIVE SERVICES CMR: 285:10 SUBJECT:. Adoption of Resolution Determining the Proposed Calculation of the Appropriations Limit for Fiscal Year 2011 RECOMMENDATION Staff recommends that Council adopt the attached resolution determining the Proposition 4 (Gann) Appropriations Limit calculation for Fiscal Year 2011. The City's Fiscal Year 2011 appropriations are estimated to be $36.12 million under the limit, assuming Council approval of the Fiscal Year 2011 Adopted Budget as proposed. DISCUSSION Article XIIIB of the State Constitution (Proposition 4), commonly known as the Gann Initiative, limits the annual appropriations for State and local governments. The Appropriations Limit (Limit) is based on the actual appropriations during the 1978-79 Fiscal Year and 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 2011 is $115.06 million. When compared to the recommended 2011 Budget, the City'S Fiscal Year 2011 budgeted appropriations are $36.12 million under the Limit. Because the City is well under the Limit, minor Council adjustments to the proposed budget will not have an impact on the City's Gann Limit compliance. 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 2011, 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 2010, the city population factor was also used in lieu of the County's since the City'S population factor was higher than the County's. The City typically uses the highest factor in order to provide maximum appropriation flexibility. CMR:285:10 Page 1 of2 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 Fiscal Year 2011 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 1: Resolution determining the calculation of the Appropriations Limit for fiscal year 2011 Exhibit A: Appropriations Limitation Compliance Calculation for FY 2011 Adopted Budget • PREPARED BY: DEPARTMENT HEAD APPROVAL: CITY MANAGER APPROVAL: City Manager / Attachment 1 ***NOT YET APPROVED*** RESOLUTION NO. RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO DETERMINING THE CALCULATION OF THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2011 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); and WHEREAS, since fiscal year 1991, 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 and the total appropriations subject to the limit were set forth in the annual budget of the City for fiscal year 2011, which will be adopted by ordinance of the Council on June 28, 2010; and WHEREAS, 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 -2.54% percent change in California per capita income and a 1.44% percent change in the 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 appropriations subject to limitation million less than the Limit. calculation, the are approximately City's $78.94 NOW, THEREFORE, the Council of the City of Palo Alto does RESOLVE as follows: SECTION 1. The Council of the City of Palo Alto hereby 1 finds that, for fiscal year 2011, 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 $36.12 million. SECTION 2. The Council hereby adopts the final calculation of the Appropriations Limit of the City for fiscal year 2011, a copy of which is attached hereto as Exhibit A. SECTION 3. The Council finds that the adoption of this resolution does not constitute a project under the California Environmental Quality Act, and, therefore, no environmental assessment is necessary. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk APPROVED AS TO FORM: Senior Assistant City Attorney 2 APPROVED: Mayor City Manager Director, Administrative Services Exhibit A APPROPRIATIONS LIMITATION COMPLIANCE CALCULATION FOR FY 2011 ADOPTED BUDGET ($ IN MILLIONS) Combined General' Capital Debt Special F!!nds Fund . ProJects Service Revenue Total Budgeted Appropriations FY 2011 Adopted Budget ($ millions) 140.50 113.00 16.84 2.69 7.97 Less: Debt Service Transactions 2.69 2.69 Capital Outlay 16.84 16.84 Non-Proceeds of Taxes 42.03 39.28 2.75 1 Net Proposed Appropriations Subject to Limit $78.94 $73.72 $0.00 $0.00 $5.221 FY 2011 Appr9prlations Limit 116.06 r'::-", ,:r[/_~u_ -'-"_! i.(( Under L1mltBy 36.12 ,;if cY:I['fIi.ILO' (/. ,-,,!~~ ,-'-<-c, ~-;j' < -"1 / ''I(.~ /" -, ".d' Computation of Appropriation Limit: /1('; "\//.-/' ~ , ,:?" '/' //I_'_~~;'/ / \~-\:7"F"-4. /;' FY 201 0 Appropriations Limit: $116,380,638 {1t')1 ( "j ;(~ ~j ,I -I :1 I, FY 2011 City of Palo Alto 1.44% ";;;" /r\ ,/ ..' ;~( :,; Population Change " '. ' /<~,~/ (// r(" ( )<;:~t')'1 FY 2011 Per Capita Income Change -2.54% ' ;,'1 /(, ~ II' ~ i\\":\~A . /;/ " .'! ," , (1.0144)x(0.9746)x$116,380,638 = $115,067,884 The City of Palo Alto remains well within Its appropriations limit In FY 2011. 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 2007 FY 2008 FY 2009 FY 2010 FY 2011 Appropriations Subject to the Limit 70,45 73.30 78.64 72.00 78.94 Appropriations Limit 100.64 106.68 113.17 116.38 115.06 Under Limit By 30.19 33.38 34.53 44.38 36.12 Projected Appropriations FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 Estimated Appropriations Subject to Limit 83,44 88.19 93.21 98.52 104.13 Estimated Appropriations Limit 121.61 128.54 135.86 143.60 151.77 Under limit By 38.17 40.35 42.65 45.08 47.64