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HomeMy WebLinkAbout0306.093- ""'''' . ,,".," May 20, 1953 THE HONORABLE CITY COUNCIL Palo Alto, California Members of the Council: :!.I;port in Brief This report provides an update on the City's liability under the 1990 Aerospace decision. A Supreme Court decision upheld a three­ year rather than a s.i.x-ye.ar st<lti..lte of limitations for repayrr.ent of sales tax on govern:nent contracts. The City will be r-equired to repay an estimated $1 32 million to the federal government. Negotiations with the federal government are s~il1 going on as to the period over which repayment ... ill be made, W'i-t:h local govern­ ments pursuing a ten-year ten!!. Thia is an informational report ar.d no Council action is required. Backqr-ound In March 1990, the stat.e Court of _~ppea Is upheld a judgement that governr:ent contractors ,",ho paic. sales taxes on ovel:'h~ad materials 'Were entitled to a refund of those taxes. Senate Bill (S5) 992, passed at tr.e e.nd of the 1992 legislativE. sessi·on~ set out the details of the payment of the refunds including the timing of repayment and a formula for distributing the liability among cities and counties (CMR:425:92, "Effect of 1992-93 State Budget"). In November 1992. staff reported to Council that the total a~our.t of the roe-funds under the Aerospace Decisi on ... ·as subject to change depend.ing on the outcome of the Supreme Courtls hea:!'ing of United St:ates v. State of California (CMR: 501: 92, "Aerospace Decision Refund: sa 992"). The United States Supreme Court has ruled that the State's three vear statut-e of limitations • ... 'ill be used for Aerospace refunds ·instead of the six-year federal statue. J.. CMR:306:93 ~-:'!!' ................... _._ . .,-',~' ,'L , , } i "­',,:,,-,;" .. ~.,::~;(.:~ - d~cision in the federal government's favor could potenti311y have <!Dubled the City's liacility. Estimatad Liability sa 992 provided an allocation formul a and IO-year !."e:pa}"ment schedule for local governments. The legislation also i~cluded a provision that the Leag~e of California cities could develop an alternative formula no later than April 1993. The League of California Cities refined the original fc,rmula for distributing the refunds. Using the. "epicenter" methodology described in C~.R:5CJ1:92 .. the revised fo:r-mu12 places a greater emphasis on aerospace-type vendor sales versus all uthc.r sales, such as retail shops and fast food. The ne~ formula was tested and proved to be mo~e accurate than the original formula outlined in SB 992. The Board of Equali~ation, League of California Cities l and the california State Association af counties has adopted this improved formula in accora;:"nce wt'ith SE 992. The revised estimate for Falo Alto's liability is $1.32 million. Negotiation. of" Repayment 'l;'..im~ Feriod At this titr,e, it appears that Cities ",;il1 be able to spread the refund ove~ a ten year period as outlined in SB 992. Ho~ever~ this is partially dep~ndent upon negotiations with the federal govern­ ment which have not been finalized. A liability of $132,000 ~il1 be included in the Exhibit B adjust­ ments of the 1993-1994 Proposed Interim Budget. Respectfully submitted I tAl d~ S \.=" 'L--- KICH1.EL S. FRANK Senior Financial Analyst ~ fiJIJDNf:-' D~li,e e:::ctll~c()e J FLEMI~G ' C 1 Y Manager I R~lated staff Reports: CMR:306:93 CMR::425:S2 CMR:501:92 2