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HomeMy WebLinkAboutStaff Report 3.B 06/04/2018Agenda Item #3.B DATE: June 4, 2018 TO: Honorable Mayor and Members of the City Council through City Manager FROM: Corey Garberolio, Finance Director 0. SUBJECT: Resolution Adopting the Appropriations Limit for Fiscal Year 2018-2019 and Making the Annual Election for Adjustment Factors RECOMMENDATION It is recommended that the City Council adopt the attached Resolution Adopting the Appropriations Limit for Fiscal Year 2018-2019 and Making the Annual Election for Adjustment Factors. BACKGROUND In November 1979, California voters added Article XIII -B to the California State Constitution, which placed limitations on the appropriations of State and local governments. The Article defined the process to calculate the appropriations limit and required cities to adopt resolutions establishing the annual appropriations limits. Article XIII -B was amended in June 1990, by Proposition 111. The amendment created the new base year of FY 1986-1987, and allowed annual increases based on factors comprised of the change in population combined with either the change in California per -capita personal income or with the change in the local assessment roll due to local non-residential construction. Selection of one or the other of these two latter factors is at the City's election. It also provided for the exclusion of qualified capital expenditures and required independent auditor review of the calculations. The City of Petaluma has complied with all applicable laws and regulations regarding the appropriation limit requirements including auditor reviews. DISCUSSION The City of Petaluma's appropriations limit has increased significantly since 1987 by applying the allowable factors as outlined above. Under the provisions of California State law, the City is required to establish an Annual Appropriations Limit commonly referred to as the "Gann Limit." As is also required, detailed worksheets are provided showing the appropriations limit calculations. These worksheets are available for public review and inspection at the City Clerk's office. The limit amount may be adjusted by the City each year by applying the annual adjustment factors of "Per Capita Income" and "Population" changes as provided by the California State Department of Finance (Attachment #3). The Limit for Fiscal Year 2018-2019 has been calculated by using the change in per -capita personal income and population growth as the factors to adjust the appropriations limit. The change in per -capita income was 3.67% combined with the change in population, 1.70 %, resulting in a factor calculated to be a 5.43% increase. This increase adjusted the appropriations limit upwards from $147,697,843 in FY 2017-2018 to $155,721,366 for Fiscal Year 2018-2019, an increase of $8,023,523. The Fiscal Year 2018-2019 appropriations that are subject to the limit are calculated to be $38,205,732. Only the proceeds of taxes are subject to the limit. Other revenues earned by the General and certain Special Revenue Funds are excluded from the limit as non -proceeds of taxes. FINANCIAL IMPACTS The appropriations limit has never been a factor in considering the City's annual budget. Currently, the City is spending $117,515,634 less than the appropriations limit of $155,721,366. The total FY 2018-2019 appropriations subject to the limit are $38,205,732 (Proceeds of Taxes). Examples of proceeds of taxes are Property Taxes, Sales Taxes, TOT Taxes, Business License Taxes, Motor Vehicle In Lieu of Taxes, Gas Taxes, etc. These taxes are accounted for in the General and various Special Revenue Funds. ATTACHMENTS 1. Resolution Adopting the Appropriations Limit for Fiscal Year 2018-2019 and Making the Annual Election for Adjustment Factors 2. Appropriations Limit Calculations — Worksheets 3. California State Department of Finance Price (Per Capita Income) and Population Computations and Information 2 ATTACHMENT 1 RESOLUTION ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2018-2019 AND MAKING THE ANNUAL ELECTION FOR ADJUSTMENT FACTORS WHEREAS, the people of California on November 6, 1979, added Article XIII -B to the California State Constitution placing various limitations on the appropriations of State and local governments; and WHEREAS, the California State Legislature adopted Chapters 1205 and 1342 of the 1980 Statutes which implemented Article XIII -B; and WHEREAS, the people of California on June 5, 1990 amended Article XIII -B effective on July 1, 1990; and WHEREAS, the provisions of the amendments have been interpreted by a coalition of statewide organizations, and the organizations have issued through the League of California Cities revised guidelines to calculate the appropriations limit; and WHEREAS, section 7910 of the Government Code requires cities to adopt a resolution setting the annual appropriations limit at a regularly scheduled meeting or a noticed special meeting; and WHEREAS, the City of Petaluma has complied with the provisions of Article XIII -B in calculation of the appropriations limit for Fiscal Year 2018-2019. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Petaluma that: The Fiscal Year 2018-2019 Appropriations Limit shall be $155,721,366. 2. The Fiscal Year 2018-2019 Appropriations subject to the limit is $38,205,732. 3. The annual election for Adjustment Factors shall be to use the growth in City Population and the increase in the Per -Capita Personal Income for the State of California, as provided by the California State Department of Finance. APPROPRIATIONS LIMITS CALCULATION FY2018-2019 ADOPTED BUDGET Attachment #2 APPROPRIATIONS LIMIT Amount Source A. Last Year's Limit - June 30, 2018 $ 147,697,843 Adopted Budget B. Adjustment Factors 1. Growth in City of Petaluma population 1.0170 State Finance 2. Growth in California Per Capita Income 1.0367 State Finance Total Adjustment % 1.0543 (131 -132) C. Annual Adjustment $ 8,023,523 ( B*A) D. Other Adjustments Lost Responsibility (-) - Transfer to Private (-) - Transfer to Fees (-) - Assumed Responsibility (+) - SubTotal - E. Total Adjustments 8,023,523 ( C+D ) F. This Year's Limit - June 30, 2019 155.721.366 (A+E) E CITY OF PETALUMA, CA APPROPRIATIONS LIMIT ANALYSIS FISCAL YEAR 2018-2019 APPROPRIATIONS LIMIT ANALYSIS Last Year's Appropriations Limit $ 147,697,843 Adjustment Factors Change in Per Capita Personal Income 1.0367 City Population Increase January 2017 to January 2018 1.0170 Total Adjustment Factor 1.0543 This Year's Appropriations Limit $ 155,721,366 Proceeds of Taxes 38,205,732 Exclusion This Year's Appropriations Subject to Limit 38,205,732 This Year's Appropriations Under Limit $ 117,515,634 5 CITY OF PETALUMA, CA APPROPRIATIONS LIMIT ANALYSIS FISCAL YEAR 2018-2019 Revenue Summary TAXES STATE OTHER GOVERNMENTS LOCALLY RAISED USER FEES OTHER MISCELLANEOUS AND INTERFUND TRANSFERS INTEREST INCOME Total Proceeds Non -Proceeds of of Taxes Taxes Exemptions Total 30,178,102 0 0 30,178,102 7,722,872 262,552 0 7,985,424 0 1,481,938 0 1,481,938 0 13,033,721 0 13,033,721 0 6,874,362 0 6,874,362 0 26,000 5,264,569 5,290,569 304,758 174,316 0 479,074 38,205,732 21,852,889 5,264,569 65,323,190 on ANT Off. z w III n O � �c DEPARTMENT'OF °q�-FORN�P F I N A N C E OFFICE OF TME DIRECTOR May 2018 Dear Fiscal Officer: Attachment # 3 EDMUND G. BROWN JR. - GOVERNOR STATE CAPITOL ■ ROOM 114r ■ SACRAMENTO CA ■ 9BB 1 44998 111WWW -.CA.00V Subject: Price Factor and Population Information Appropriations Limit California Revenue and Taxation Code section 2227 requires the Department of Finance to transmit an estimate of the percentage change in population to local governments. Each local jurisdiction must use their percentage change in population factor for January 1, 2018, in conjunction with a change in the cost of living, or price factor, to calculate their appropriations limit for fiscal year 2018-19.. Attachment A provides the change in California's per capita personal income and an example for utilizing the price factor and population percentage change factor to calculate the 2018-19 appropriations limit. Attachment B provides the city and unincorporated county population percentage change. Attachment C provides the population percentage change for counties and their summed incorporated areas. The population percentage change data excludes federal and state institutionalized populations and military populations. Population Percent Change for Special Districts Some special districts must establish an annual appropriations limit. California Revenue and Taxation Code section 2228 provides additional information regarding the appropriations limit. Article XIII B, section 9(C) of the California Constitution exempts certain special districts from the appropriations limit calculation mandate. The code section and the California Constitution can be accessed at the following website: htto://Ieainfo.leaislature.ca.aov/faces/codes.xhtmi. Special districts required by law to calculate their appropriations limit must present the calculation as part of their annual audit. Any questions special districts have on this requirement should be directed to their county, district legal counsel, or the law itself. No state agency reviews the local appropriations limits. Population Certification The population certification program applies only to cities and counties. California Revenue and Taxation Code section 11005.6 mandates Finance to automatically certify any population estimate that exceeds the current certified population with the State Controller's Office. Finance will certify the higher estimate to the State Controller by June 1, 2018. Please Note: The prior year's city population estimates may be revised. If you have any questions regarding this data, please contact the Demographic Research Unit at (916) 323-4086. MICHAEL COHEN Director By: AMY M. COSTA Chief Deputy Director U tai 1itQiii 7 May 2018 Attachment A A. Price Factor: Article XIII B specifies that local jurisdictions select their cost of living factor to compute their appropriation limit by a vote of their governing body. The cost of living factor provided here is per capita personal income. If the percentage change in per capita personal income is selected, the percentage change to be used in setting the fiscal year 2018-19 appropriation limit is: Per Capita Personal Income Fiscal Year Percentage change (FY) over prior year 2018-19 3.67 B. Following is an example using sample population change and the change in California per capita personal income as growth factors in computing a 2018-19 appropriation limit. 2018-19: Per Capita Cost of Living Change = 3.67 percent Population Change = 0.78 percent Per Capita Cost of Living converted to a ratio: Population converted to a ratio: 3.67 + 100 = 1.0367 100 0.78 + 100 = 1.0078 100 Calculation of factor for FY 2018-19: 1.0367 x 1.0078 =1.0448 Fiscal Year 2018-19 Attachment B Annual Percent Change in Population Minus Exclusions* January 1, 2017 to January 1, 2018 and Total Population, January 1, 2018 Total County Percent Chance --- Population Minus Exclusions --- Population City 2017-2018 1-1-17 1-1-18 1-1-2018 Sonoma Cloverdale 1.62 8,988 9,134 9,134 Cotati 3.53 7,453 7,716 7,716 Healdsburg 2.59 11,757 12,061 12,061 Petaluma 1.70 61,657 62,708 62,708 Rohnert Park 2.61 42,490 43,598 43,598 Santa Rosa 0.24 178,064 178,488 178,488 Sebastopol 2.12 7,624 7,786 7,786 Sonoma 2.87 11,072 11,390 11,390 Windsor 2.07 27,492 28,060 28,060 Unincorporated -3.72 147,002 141,540 142,391 County Total -0.22 503,599 502,481 , 503,332 we