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HomeMy WebLinkAbout2003-06-16 City Council (6)BUDGET TO: 03o 05 C ty Manager’s Report HONORABLE CITY COUNCIL FROM:CITY MANAGER DEPARTMENT: ADMINISTRATIVE SERVICES DATE: SUBJECT: JUNE 16, 2003 CMR: 323:03 ADOPTION OF THE FINAL APPROPRIATION CALCULATION RESOLUTION FOR 2003-04 LIMIT RECOMMENDATION Staff recommends that Council adopt the attached resolution determining the Proposition 4 (Gann) Appropriations Limit calculation for fiscal year 2003-04. The City’s fiscal year 2003-04 appropriations are estimated to be $22.28 milLion under the limit, pending Council Approval of the 2003-04 Adopted Budget. 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 2003-04 Budget, the City’s fiscal year 2003-04 appropriations are $22.28 million under the Limit. Based on Article XIIIB, the City of Palo Alto can use the larger of two measurements of population growh, "County or City population growth factor" in the Gann Appropriations Limit calculation. For fiscal year 2003-04, the City is using the population factor for Santa Clara County, which is greater than the population factor for the City of Palo Alto. 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:323:03 Page 1 of 2 RESOURCE IMPACT The adoption of the 2003-04 Appropriations Limit has because the proposed 2003-04 budget is below the Limit. no effect on City POLICY IMPLICATIONS This recommendation is consistent with existing City policies. ATTACHMENTS Attachment A:Resolution determining the calculation of the Appropriations Limit for fiscal year 2003-04 resources PREPARED BY: STEPUEN LIEN Senior Financial Analyst DEPARTMENT HEAD APPROVAL: CITY MANAGER APPROVAL: / Director, A~ninistrative Services EMIL~ HARRISON Assistant City Manager CMR.~2:.0: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 2003-04 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 WHmnm~<since 1990-91 the City is ~ermit:ed to "<~ ~in ccordance with inflation andannua±Iv adjust its =:m_c a population adjustment factors; and WHEREAS, pursuant to Government Code Section 37200, the calculation of the Limit was set for:h in the annual budget of the City for fiscal year 2003-04, which was adopted by ordinance of <he Council on June 16, 2003; and WUm~<~< mursuanr to Government Code sections 790! and 7910, the final calculation of the Limi: has been ~e~=~=~~.~.~, ate the adjustment factors on which the ca!cu!at£on is bas~ are a 2 31% ~e<~ent change in California ~er camita ~ .... ¯ 0.80% percent change in the population growth for the County of SanZa C~ara; and WHEREAS, the documenta:ion used in the determination of the i.~m~t has been made......~v==:~e ~rai DuD±ic for fifteen ’~<:o) days o<~or to the ~ate o: a~oo~ion oz this resolution; and WumR~< accordi~ uo ~he final ~pu]ation the City’< a~roor~a~or, s subject to the !imi:ation are a~oroxima:elv .... ~ million less :nan :~e Limi:. q=P~:’~- The ..’"~=~=,~ i.Council of the City of Paio Alto neremy finds that, = ~ai .~ -_ .........=o~ fisc year ~0Os-04, the :~na~calcu!ar~ of <he Appropriations Limit of the City of Palo Alto has been deze~ ~ ~,~ in ....:m~n=@ accordance with <he adjustment factors ~=~=rred to above, the documenna:ion used in :he de:ermination used in the denermina:ion of the calculation has been made available to the general oubiic:~: the ~.:~-~iod o~ ~:==~ davs_ as reauired~ bv 030609 sm 0053271 1 law, and the City’s appropriations subject to limitation are under the Limit by approximately $22.28 million. SECTION 2. The Council hereby adopts the final calculation o{ the Appropriations Limit of the City for fiscal year 2003-04, a copy of which is attached hereto as Exhibit "A". S~C_!ON 3. The Counci~± finds_ that the adoption, of resolution does nor constitute a project under the California Environmental Quality Act,and,therefore,no environmental assessmen< is necessary. INTRODUCED AND PASSED: ~vES: NOES: ABSENT: ABSTENTIONS: Mayor ~PmROVED : Ci:y Attorney Ci:y Hanager Director of Adminis:ra~ive berv2ces 030609 sm 0053271 2