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HomeMy WebLinkAbout2001-04-03 City Council (5)TO: City of Palo Alto City Manager’s Report HONORABLE CITY COUNCIL ATT:FINANCE COMMITTEE FROM:CITY MANAGER DEPARTMENT:ADMINISTRATIVE SERVICES DATE:APRIL 3, 2001 CMR: 182:01 SUBJECT:UPDATE ON STATE REVENUE AND TAX LEGISLATION This is an information report and no Council action is required. BACKGROUND The purpose of the attached legislative update is to provide Council with a report on current state budget and legislative proposals that could potentially have revenue and taxation impacts on the City. DISCUSSION Some recent positive developments include: ¯ Continued legislative effort to limit the Educational Revenue Augmentation Fund (ERAF) property tax shift. ¯Another attempt to close the loophole that allows a company with stores in California to establish a Web-based subsidiary and thus avoid sales tax obligation for sales, which occur over the Internet. ¯Legislative proposals to address both energy conservation and power siting issues. Potential adverse developments include: ¯ Legislative effort to increase the service retirement benefits for local public safety workers from 85 percent to 90 percent of final compensation. This represents an unfunded state mandate on local governments. CMR: 182:01 Page 1 of 2 :Tlae Legislative Analyst’s Office has recommended suspension of various one-time ftmd~g.commitments to. 1,ocal governments in fiscal year 2001-02 budget until the .state’s revenue commitment demanded by the energy crisis allows for additional spending. For fiscal year 2000-01 and 1999’00, Palo Alto received one-time funding of $179,000 and $189,000 respectively. The California Supreme Court rejectedreview of the Sonoma County Educational Revenue Augmentation Fund (ERAF) case. The Supreme Court refused to grant review of the appellate court’s decision in favor of the state. This was the case in which counties argued that the state’s ERAF shift of property tax revenues to fund the state’s Proposition 98 responsibilities constituted a shift in financial responsibility. As such, it created a reimbursable mandate. Summary of these and other legislation is provided in the attached report. ATTACHMENTS: A)Update on State Legislation affecting City finances and other bills and development of interest. PREPARED BY: TARUN N~AN Senior Financial Analyst DEPARTMENT HEAD APPROVAL: ~~EAAd~:ive S~rvices CITY MANAGER APPROVAL: SON Assistant City Manager CMR: 182:01 Page 2 of 2 THE FOLLOWING ARE SUMMARIES OF SOME LEGISLATIVE BILLS ON REVENUE AND TAXATION OF INTEREST TO CITIES. AB 3 and AB I00 PROPERTY TAX SHIFT LIMITATION Summary: ¯Would cap the growth on Educational Revenue Augmentation Fund (ERAF) shift. ¯Allow local governments to retain any growth in property tax, while t~eezing at last year’s level any amount of property tax contribution to the ERAF shift. ¯The escalation on property tax shift is projected to zrow by $330 million in fiscal year 2001-2002. ¯In comparison, fiscal relief allocated to local government in last year’s state budget was $212 million. ¯Statewide, the current value of the shifted property taxes is $4.2 billi0n, while for Palo Alto it is $19.3 million (cumulative total since 1992). - Status: ¯In Committee (Assembly Local Government) Financial Impact to CPA: ¯Positive AB 81 SALES AND USE TAX Summary: ¯ Reintroduction of a bill to level the playing field between "Clicks and Mortar" retail establishments. ¯Would clarify the responsibility to pay sales tax on any electronic retail purchase, including telephone sales. ¯A number of businesses (e.g. Barnes and Noble) have established affiliate dot com organizations located outside of California, thereby allowing them to disclaim obligations to collect sales and use tax. However, the parent organization recognizes the related Internet sales in accepting returns and exchanges. Status: ¯In Committee (Assembly Revenue and Taxation) Financial Impact to CPA: ¯Positive AB 227 TRANSPORTATION FUNDING Summary: ¯ Permanently shift the sales tax on gas from the State General Fund to the Transportation Investment Funds. ¯Provide a predictable, stable, and dedicated revenue source to fund transportation needs, including local street and road improvements. ¯In fiscal year 2001-02, $2.6 billion (22% of the transportation budge0 is budgeted for programs that assist local governments in constructing and operating highway, road and transit systems. Status: ¯In Committee (Assembly Appropriations) Financial Impact to CPA: ¯Positive AB 70 FIREFIGHTING Summary: ¯ Appropriated $25 million from the General Fund to the Office of Thermal Imaging within the Office of Emergency Services. ¯Require the Thermal Imaging Office to acquire fire fighting thermal imaging equipment on behalf of local agencies that provide fa’e suppression services. Status: ¯In Committee (Assembly Governmental Organization) Financial Impact to CPA: ¯Positive AB 291 LOCAL GOVERNMENT GENERAL PLAN UPDATE AND SUSTAINABLE Summary: ¯ Provides $10 million from the General Fund to the Office of Planning and Research for the purpose of making grants of up to $250,000 to cities and counties to revise and update their general plans anti general policies. ¯Local governments accepting grants would be encouraged to Consider including various smart growth principles and promoting a coordinated effort between land use, housing, and transportation, agencies in devising their policies, programs, infrastructure, and program investments for these purposes. Status: ¯In Committee (Assembly Local Government) Financial Impact to CPA: ¯Positive SB 90 PUBLIC EMPLOYEES’ RETIREMENT,SAFETY MEMBER BENEFITS Summary: ¯ Increase the service retirement benefits for local safety members from 85 percent to 90 percent of f’mal compensation. Unfunded state mandate on local governments.¯ Status: ¯In Committee (Senate Public Employment and Retirement) Financial Impact to CPA: ¯Negative CALIFORNIA ENERGY CRISIS Update Governor Davis has taken a series of executive andregulatory steps to reduce energy demand. These efforts constitute a three-pronged strategy: ¯In~reasing conservation and efficiency. ¯Adding generation capacity withinthe state. ¯Ensuring a reliable supply of electricity at.stable prices. In continued pursuit of this strategy, the Governor’s FY 2001-02 budget includes $1 billion for programs that will increase energy efficiency, reduces consumption, and increases the supply of electricity. Such programs are currently being analyzed and developed in consultation with the Legislature. Based on the analysis of the Governor’s 2001-02 budget by the Legislative Analyst’s Office (LAO), the state energy crisis may put local government funding at risk. The energy crisis is consuming billions of state dbllars. To date, the State has committed $1.6 billion and there are proposals to sell up to $10 billion in revenue bonds to bridge the energy-funding gap. The LAO report concludes that with the exception of energy-related emergency spending, the Legislature should not fund any one-time reimbursements included in the Governors budget until after the May, 2001 revision when the corporate and personal tax returns are finally collected and tabulated. These one-time reimbursements include $250 million in discretionary relief for local government, local flood control subventions, beach cleanup, new housing initiatives, and law enforcement technology grants. For fiscal year 2000-01 and 1999-00, Palo Alto received one-time funding of $179 and $189 thousand respectively. The two main pieces of energy related legislation that,have emerged are: SB 28X POWER PLANT SITING Summary: ~ ¯ Streamline the siting process for repowering existing and constructing new power plants. ¯ Provides host jurisdiction of a facility with 100 percent of the new property tax resulting from the construction of a new facility or addition to an existing facility. Unclear how the provisions of the bill will coordinate with,the Governor’s Executive Orders regarding power plant siting. Status: ¯In Committee (Senate Appropriations) Financial Impact to CPA: ¯Positive SB 5X STATE ENERGY PROJECTS Summary: ¯ Has emerged as the main vehicle to enact major energy conservation programs for state, local and private electricity users. ¯Provides $1 billion to various state agencies in order to reduce peak electricity demand, to enhance low-income energy assistance programs and to encourage energy efficiency. ¯The goal is to use grant and loan programs already in place to disseminate funding and complete retrofits as soon as possible in order to reduce peak electricity use. The Energy Commission would administer, grants and loans for municipal utilities and their customers. ¯These provisions sunset (expire) January 1, 2005. Status: ¯In Senate, expected to move to Assembly shortly Financial Impact to CPA: ¯Positive OTHER BILLS AND DEVELOPMENT OF INTEREST SB 424 WORKERS’ COMPENSATION Summary: ¯ Expand the definition of presumptive injuries under the worker’s compensation law to include lower back impairment in police officers. ¯The lower back impairment would be presumed to develop if the officer has been employed forat " least fives years in a regular, full-time capacity and has been required to wear a "duty belt" as a condition of employment. ¯A "duty belt" means a belt used for the purpose of holding a gun, handcuffs, baton, and other items related to law enforcement. Status: ¯In Committee (Senate Insurance) Financial Impact to CPA: ¯Negative SB 910 GENERAL PLANS HOUSING ELEMENTS Summary: ¯ Requires a court that Finds a local government’s housing element not in substantial compliance with the state law governing housing elements to award the plaintiffreasonable legal costs and to .levy a penalty not to exceed $1,000 per unit of the total projected housing needs for the jurisdiction. ¯Withhold state funding from any city or county that does not have a housing element in substantial compliance with state law and to redistribute the withheld funds to the jurisdictions that are in compliance. Status: ¯In Committee (Senate Rules) Financial Impact to CPA: ¯Negative Information Sources: League of California Cities California State Legislature California State Legislative Analysts’ Office (LAO)