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HomeMy WebLinkAbout2000-06-19 City Council (14)TO: FROM: BUDGET ’00-’01 City of Palo Alto C ty Manager’’s port HONORABLE CITY COUNCIL CITY MANAGER DEPARTMENT: ADMINISTRATIVE SERVICES DATE: SUBJECT: JUNE 19, 2000 CMR: 285:00 ADOPTION OF FINAL APPROPRIATION LIMIT CALCULATION RESOLUTION FOR 2000-01 RECOMMENDATION Staff recommends that Council adopt the attached resolution determining the Proposition 4 (Gann)Appropriations Limit for fiscal year 2000-01. DISCUSSION Article XIIIB of the State Constitution (Proposition 4) limits the annual appropriations for the State al~d 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. Whencompared to the recommended 2000-01 Budget, the City’s fiscal year 2000-01 appropriations are $10.58 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 0fthese materials. RESOURCE IMPACT The adoption of the 2000-01 Appropriations Limit has no effect on City resources because the proposed 2000-01 budget is below the Limit. POLICY IMPLICATIONS This recommendation is cofisistent with existing City policies. CMR: 285:00 Page 1 of 2 ATTACHMENTS Attachment A:Resolution determining the calculation of the Appropriations Limit for fiscal year 2000-01 PREPARED BYi Steven Montano, Senior Financial Analyst DEPARTMENT HEAD APPROVAL: CARL YEATS Director,Services CITY MANAGER APPROVAL: EMI’t~ H~,RIS(~N Assistant City Manager CMR: 285:00 Page 2 of 2 RESOLHTION 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 2000-01 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 fiscal year 2000-01, which was adopted by ordinance of the Council on June 19, 2000; 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 4.91% percent change in California Per CapitaIncome and a 1.63%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 are approximately $10.58 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 fiscalyear 2000-01, 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 $10.58 million. SECTION 2. The Council hereby adopts, the final calculation of the ApproPriations Limit of the City for fiscal year 2000-01, a copy of which is attached hereto as "Exhibit A". SECTION 3. The Council finds that the adoption of this resolution does not constitute a project under the California Environmental Quality Act,and,therefore,no environmental assessment is necessary. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST:APPROVED: City Clerk Mayor APPROVED AS TO FORM: Sr. Assistant City Attorney City Manager Director, Administrative Services 2 ESTIMATED APPROPRIATIONS LIMITATION COMPLIANCE CALCULATION FOR ADOPTED 2000-01 BUDGET ($ IN MILLIONS) Combined General Capital Special Funds Fund Projects Debt Service Revenue TOTAL BUDGETED APPROPRIATIONS 2000-01 Proposed Budget ($ millions) Less: Debt Service Transactions Capital Outlay Non-Proceeds of Taxes Net Proposed Appropriations Subject to Limit 2000-01 Appropriations Limit Under Limit By 108.31 92.87 2.80 5.25 36.07 30.45 $ 64.19 $ 62.42 7.10 5.25 2.82 2.80 $1.85 $ o.o2 $ 74.77 $ lO.58 5.52 5.61 $ (0.10) COMPUTATION OF APPROPRIATION LIMIT 1999-00 Appropriations Limit: 2000-01 Santa Clara County Population Change 2000-01 Per Capita Income Change 2000-01 Appropriations Limit Calculation (1.0163) x (1.0~91) x $70,125,958 = $70,125,958 1.63% 4.91% $74,768,320 The City of Palo Alto remains well within its appropriations limit in 2000-01. Future year limit trends can be made based on average change in regional population and income growth. The following is a summary of estimated limits and estimated appropriations subject to the limit. It indicates a slight decline in the amount Palo Alto’s budgeted appropriations are projected to be under the estimated limit. Historical Appropriations Appropriations Subject to the Limit Appropriations Limit Under Limit By 1996-97 1997-981 1998-99 199940 2000-01 45.21 51.78 53.21 57.44 64.19 57.98 62.00 65.95 70.13 74.77. $12.77 $10.22 $12.74 $12.69 $10.58 Projected Appropriations Estimated Appropriations Subject to Limit Estimated Appropriations Limit Under Limit By 2001-02 2002-03 68.69 74.19 79.31 84.34 $10.61 $10.15 200344 80.12 89.70 $9.58 2004-05 86.53 95.39 $8.86 529