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HomeMy WebLinkAboutItem 8.2 AppropriationsLimit98-99 (2) . ., CITY CLERK File # D[3]~[Q]-[g][QJ . AGENDA STATEMENT CITY COUNCil MEETING DATE: (June 29, 1998) SUBJECT: Adoption of an Appropriations Limit for 1998/99 ~repared by: Paul S. Rankin, Assistant City Manager) EXHIBITS ATTACHED: 1. Proposed Resolution RECO~NDATION: LI. ~pprove the selected factors used to calculate the 199~/99 Limit and I ~.. ~dopt the Resolution. FINANCIAL STATEMENT: The 1998/99 proposed Limit is $48,700,693 and only $15,275,805 in 1998/99 Appropriations are subject to this Limit. DESCRll'TION: Each year the City Council is required by State Law to adopt an Appropriations Limit in conjunction with the annual Budget process. In a separate action the City Council bas considered the adoption of a Revised Fiscal Year 1997-98 Appropriations Limit. The 1998/99 Appropriations Limit is calculated by ~ultiplying the adopted Appropriations Limit calculated for the prior year, by a factor reflecting growth mcreases. .DeScriPtion of Appropriations Limit The laws regulating the application of the Appropriations Limit, forbid an agency from appropriating specific funds which would exceed the Limit. The restriction applies to appropriating monies categorized as Proceeds of Taxes. The Appropriations Limit carries forward each year and is subject to an adjustment in accordance with a specified formula. Each government entity is required to calculate an Appropriations Limit and include it as part of the Annual Budget. This Limit may also be referred to as the Gann Limit or Proposition 4 Limit. The City has complied with this requirement as well as the posting of the proposed calculation prior to adoption. The adjustment is made annually and is based on a formula which may include the following factors: . Change in City population; or . Change in population for the entire County; and . Change in State per capita income; or . Change in non-residential assessed valuation. As will be noted in the actual calculations, selection of some of the factors are discretionary. Typically, an agency selects from those factors which provide for the largest growth in the Limit. The Limit does not apply to all funds appropriated by the City Council. The law only applies to those appropriations that are funded by "Proceeds of Taxes". Proceeds of Taxes are narrowly defined by State Law. Historically, the applicable appropriations made by the City of Dublin have always been well below the Limit. In .FiSCal Year 1998-99, the appropriations subject to this Limit total $15,275,805. ------------------------------------------------------------------- COPIES TO: ITEM NO. 8.2 Hlbudget/98-99budl Appl"limilagaprlmt.doc Although the City is well below its allowed Limit, it is important to make revisions in a timely m~er. · For record keeping purposes, the Limit carries forward each Fiscal Year, and having an accurate base simplifies the calculation for the following Fiscal Year. The City must also adopt a Limit prior to the beginning of the Fiscal Year, in accordance with State Law. 1998~99 Proposed Appropriations Limit Staffhas prepared the calculations necessary to adopt the Appropriations Limit for 1998/99 in accordance with State Law. The starting base is a Revised Limit of $43,075,087. The discretionary factors selected in calculating the 1998/99 Limit are: (1) the change in the City Population; and (2) the change in the Assessed Valuation from local non-residential construction. The data from the Assessor is considered preliminary. If the Assessor provides a:final computation related to "nop.-residential construction" added to the tax roll, which is significantly different, Staff may recommend the adoption of a revision to the calculated Limit. Staff will evaluate the desirability of amending the Limit in conjunction with the adoption of the Limit next year. Allowed Methodology The implementation of the laws related to the Appropriations Limit, resulted in the publication of Uniform Guidelines by the League of California Cities. This publication is also relied upon by the independent auditors as they must issue a review of the calculation and identify that the methodology is consistent with the guidelines. The calculations used to determine the Limit as presented, are consistent with both the guidelines and the past calculations. The 1998-99 calculation has resulted in an increase in the Limit and the adjustment factor used is 13.06%. This results in an adopted Limit which well exceeds the total spending by the City, let alone the spending associated with Proceeds of Taxes. lbis result is partially caused by the fact that the factors affecting the adjustments to the Limit may have not been anticipated by the original drafters of the legislation. Over the years the legislation has remained in place and there has been very little guidance from the legislature affecting the calculation of the Limit. As noted in the League of Cities Guidelines, published in 1991, . "The State Legislature adopted a 'hands off' approach to implementing Proposition 4, even though the language of the initiative itselfwas extremely vague and confusing..." The approach presented in the proposed 1998-99 calculation follows the established concepts to the letter and is consistent with past calculations. . The new 1998/99 Appropriations Limit as calculated on Exhibit A of the Proposed Resolution (Exhibit 1) is $48,700,693. The Preliminary 1998/99 Budget (including the recommended Higher Service Levels) includes appropriations of$15,275,805 which would be categorized as Proceeds of Taxes. Therefore, the appropriations subject to the Appropriations Limit are below the allowed amount by approximately $33,424,888. Proposed Resolution Staffhas prepared a Resolution (Exhibit 1) which will adopt an Appropriations Limit for 1998/99. Staff recommends that the City Council adopt the Resolution. . -)..- . RESOLUTION NO. ~ 98 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN *************************** . ADOPTING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 1998/99 OF $48,700,693 WHEREAS, State law requires that an Appropriations Limit be adopted by the City Council in conjunction with the Annual Budget process; and WHEREAS, Article xm B of the California Constitution places certain restrictions on appropriations made by cities; and WHEREAS, the restrictions are applicable to appropriations, which are defined as "Proceeds of Taxes"; and WHEREAS, the law allows the option to select the factors to be used in the calculation of the Appropriations Limit; and WHEREAS, the City must select between the following factors: (A) the change in City population, or, (B) Countywide population, and either: (1) the change in the State per capita income, or, (2) the change in the assessed valuation oflocal non-residential construction; and WHEREAS, the 1998-99 Appropriations Limit used the following discretionary factors: (1) the Growth in the City Population and (2) the change in the assessed valuation oflocal non-residential . construction; and WHEREAS, the calculation of the Appropriations Limit for 1998/99 is described in Exhibit A, attached hereto and by reference made a part hereof. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby adopt the City of Dublin Appropriations Limit for Fiscal Year 1998-99 of $48,700,693. BE IT FURTHER RESOLVED that the limit has been calculated in accordance with State Law and is shown in Exhibit A, attached hereto. PASSED, APPROVED AND ADOPTED this 29th day of June, 1998. AYES: NOES: ABSENT: ATTEST: Mayor . City Clerk H:budget\word\apprlimi\RESO.DOC . CALCULATION OF FISCAL YEAR 1998-99 APPROPRIATIONS LIMIT (Based On Adoption Of A Revision To The Adopted Fiscal Year 1997-98 limit) . A. SELECTION OF OPTIONAL FACTORS 1. Population - City vs. County QB. City of Dublin Alameda County 1/1/97 25,544 1,371,793 1/1198 (% Decrease) % Increase 26/560 3.977% 1 ,401,227 2.146% fW@jmfEt\tW&\l1mlr~r:1fK;$g'~1:~"~i~~1&f.m11::~M~ltvJilfQU~mfHeQp.UI~tlqnlGtD..lii~~~1iZlNlwitKili%Xm;nmlm: State Income vs. City Non-Residential Building Change in State Per Capita Income ;::: 4.150% Change in Non-Residential Assessed Valuation ;::: 8.736%* *(Based on preliminary tax roll information available from the Alameda County Assessor. May 15,1998. The final tax roll figure may be different. ) , .'';'''''''''l''<'''n:,.''ii:-m%^'''<'''~~-''"'I'~''''''~Q>.m:''~~INil~'''^''''!II.'~~'''~~D'~""li'Gww"~G~I"a:~:;;:ilw~""""~"''''''''::;O'n~Il!'''''1:~="",*,,'''<<~''~""W<'W",..,,,....,.,.., ttt*Mf:?~idt:k11*ID~~.gg~~H~a~,~:;:;:F.~-mm~H~~n.!li;ohQJ.~,-QD~~~~~m~.i'iH'~....~~Q~[zt~~\~~~,~ti<<m;-mt.tflldil;MifMt@t:::::i 2. OR B. CALCULATION OF GROWTH LIMIT ADJUSTMENT . The formula for calculating the adjustment is as follows: Selected Factor 1 + 100 100 ;::: x Selected Factor 2 + 100 100 ;::: Y (X) x (Y) ;::: Fiscal Year 1998-99 Appropriations Limit Adjustment Factor 3.977+100 100 ;::: 1.03977 8.736+100 100 ;::: 1.08736 1.03977 x 1.08736;::: 1.1306;::: 1998199 Adjustment Factor c. CALCULATION OF APPROPRIATIONS LIMIT REVISED Fiscal Year 1997-98 Adopted Appropriations Limit;::: Fiscal Year 1998-99 Adjustment Factor $ 43,075,087 x 1.1306 . Jttt'IIr~:riHxrItfmiJi.9.iJ.;M~~t.m:'QJt'~lii~ppmiti~~&:ij~@l4m1t:m$i:i\SilQp.~$~a::rr:@;::::rn;:mrmmmt:r::I::::rmHrtImr::::::t::m:::::m::Irt:rit::t' EXHIBIT A