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HomeMy WebLinkAboutResolution 2009-26 to establish the annual appropriation limCouncil/Agency Meeting Held: z -J609 Deferred/Continued to: pro ed moll proved ❑ Denied �aoL�CY' `lty ' Cler Signature Council Meeting Date: 6/1/2009 Department ID Number: FN 09/002 ee SUBMITTED TO: HONORABLE MAYOR AND CITY COU IIC MEMBERS SUBMITTED BY: FRED A. WILSON, CITY ADMINIST v PREPARED BY: BOB WINGENROTH, DIRECTOR OF FINANCE SUBJECT: ADOPT RESOLUTION TO ESTABLISH ANNUAL APPROPRIATION LIMIT FOR FISCAL YEAR 2009-2010 Statement of Issue, Funding Source, Recommended Action, Alternative Action(s), Analysis, Environmental Status, Attachment(s) Statement of Issue: Article 13B of the State of California Constitution (the Gann Appropriation Limit) imposes upon state agencies and local government the obligation to limit each fiscal year's appropriations and requires the City of Huntington Beach to annually adopt a tax proceeds appropriation limit. Funding Source: Not applicable Recommended Action: Motion to: Adopt Resolution Number 2009-26 , "A Resolution of the City Council of the City of Huntington Beach Establishing the Appropriation Limit for Fiscal Year 2009-2010" of $646,330,684. Alternative Action(s): 1. Do not adopt an appropriation limit in which case the prior year limit applies. 2. Adopt the limit with different factors. Analysis: In November 1979, the California voters approved Article 13B of the State of California Constitution, which allows the city's spending of tax proceeds to increase only by factors from the base year of 1978-1979. In June 1990, Proposition 111 was passed which changed the way the limit is calculated and is outlined as follows. �9 FETING ®ATE: 6/112009 DEPARTMENT I® NUMBER: FN 09/002 Analysis (continued): The city may increase its limit annually in two ways: By a percentage equal to the increase from the preceding year in county or city population (whichever is greater). By an amount equal to the change in' per capita personal income in California or the change in the assessment roll the preceding year due to the addition of local nonresidential new construction (whichever is greater). For this year's calculation, the 1.02 percent increase in County population was greater than the increase in the city's population of 0.67 percent. The 6.13 percent increase in the assessment roll from the addition of local, nonresidential construction was greater than 0.62 percent increase in per capita personal income. The proposed appropriation limit for Fiscal Year 2009-2010 was calculated as follows: Fiscal Year 2008-2009 Adopted Appropriation Limit $602,877,623 Multiplied by change in assessment roll from addition of local, nonresidential construction 1.0613 Multiplied by change in county population 1.0102 Proposed Fiscal Year 2009-2010 Appropriation Limit $646,330,684 Appropriations of revenues controlled by the Gann Limit are primarily in the General Fund. General Fund appropriations for Fiscal Year 2009-2010 are expected to be significantly below the amount set as the city's appropriation limit. Examples of proceeds of taxes governed by the Gann Appropriation limit are: property taxes, sales taxes, utility taxes, state subventions, fines, forfeitures, interest revenue on regulatory licenses, user charges, and user fees to the extent that those proceeds exceed the costs reasonably borne by that entity in providing the regulation, product, or service. Strate-gic Plan Goal: Fully understand the financial implications of financial decisions before they are made, and recognize and disclose fiscal impacts of the pension crisis. Environmental Status: Not applicable Attachment(s): Resolution Number 2009-26 , "A Resolution of the City Council of the City of Huntington Beach Establishing the Appropriation Limit for Fiscal Year 2009-2010. " -2- 5/13/2009 11:41 AM ATTACHMENT RESOLUTION NO. 2009-26 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH ESTABLISHING THE APPROPRIATION LIMIT FOR FISCAL YEAR 2009-2010 WHEREAS, Article 13B of the California Constitution imposes upon state agencies and local governments the obligation to limit each fiscal year's appropriations of the proceeds from taxes to the amount of such appropriations in fiscal year 1978/1979, adjusted for changes as prescribed under the law, NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve as follows: SECTION 1. In compliance with the provisions of Article 13B of the California Constitution and the formula set out therein, there is hereby established an appropriation limit of $646,330,684 for the fiscal year 2009-2010. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 1 s t day of June , 206 9 . ayor REVIEWS PROVED: fM ED AND APPROVE : City Ad intstriftor Finance Director APPROVED AS TO FORM: �-- City Attorney 09-2082/33677 Res. No. 2009-26 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L. FLYNN the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council at a regular meeting thereof held on June 1, 2009 by the following vote: AYES: Carchio, Dwyer, Bohr, Coerper, Hardy, Hansen NOES: None ABSENT: Green ABSTAIN: None T Ci Clerk and ex-officio Jerk of the City Council of the City of Huntington Beach, California :� • INITIATING DEPARTMENT: FINANCE SUBJECT: ADOPT RESOLUTION TO ESTABLISH ANNUAL APPROPRIATION LIMIT FOR FISCAL YEAR 2009-2010 COUNCIL MEETING DATE: June 1, 2009 RCA ATTACHMENTS STATUS Ordinance (w/exhibits & legislative draft if applicable) Attached ❑ Not Applicable Resolution (w/exhibits & legislative draft if applicable) Attached Not A plicable ❑ Tract Map, Location Map and/or other Exhibits Attached ❑ Not Applicable Contract/Agreement (w/exhibits if applicable) Attached ❑ (Signed in full by the City Attorney Not Applicable Subleases, Third Party Agreements, etc. Attached ❑ (Approved as to form by City Attorney) Not Applicable Certificates of Insurance (Approved by the City Attorney) Attached ❑ Not Applicable Fiscal Impact Statement (Unbudgeted, over $5,000) Attached ❑ Not A plicable Bonds (If applicable) Attached Not p cable Staff Report (If applicable) Attached Not Applicable Commission, Board or Committee Report (If applicable) Attached ❑ Not A plicable Findings/Conditions for Approval and/or Denial Attached Not Applicable EXPLANATION FOR MISSING ATTACHMENTS I— REVIEW15D RETURNED FORW RPED Administrative Staff I hIAY 14 B03 ( s Deputy City Administrator Initial n� � ��, r �� � ra B d �, , . , CityAdministrator Initial Vr�DNIIiVIS+�•.���r-ON City Clerk L" ��—� ( ) 0 EXPLANATION FOR RETURN OF ITEM; RCA Author: Robert Sedlak, Dahle Bulosan