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HomeMy WebLinkAboutFin GANN Appropriations FY2011-12CITY OF n.�I%+ Agenda Item No: 3e Meeting Date: July 2, 2012 SAN RAFAEL CITY COUNCIL AGENDA REPORT Department: FINANCE Prepared by: Mark Moses City Manager Approval: Interim Finance Director SUBJECT: Resolutions a) Appropriating Unappropriated Revenues for Fiscal Year 2011-2012; b) Approving Fiscal Year 2012-2013 GANN Appropriation Limit. RECOMMENDATION: Adopt Resolutions appropriating unappropriated Revenues and approving 2012-2013 GANN Appropriation Limit. BACKGROUND: On November 6, 1979, California voters passed Proposition 4. Statutes clarifying certain provisions of the Proposition are now codified in article X11113 of the California Constitution. This Article is commonly known as the "GANN Initiative". The Initiative established constitutional spending limits allowable for California governmental agencies based on the Consumer Price Index and population growth. Concurrent with Proposition 4, the Revenue and Taxation Code, Section 7910, requires each local governmental unit to establish its appropriations limit at the beginning of each fiscal year. Proposition 111, which was adopted June 5, 1990, made adjustments to the formula used to calculate the appropriations limit. The original formula required spending limits to be tied to the Consumer Price Index or California Per Capita Personal Income growth, whichever was lower. The provisions in Proposition 111 allow an agency to select the California Per Capita Personal Income or nonresidential property assessed valuation growth, whichever is higher. Cities may also choose to use the percentage rate of change in population within the City or county, whichever is higher. File No.: ea Council Meeting: Disposition: FOR CITY CLERK ONLY -?-1 , , , �- --�, ANALYSIS: The Appropriation Limit for the current year (FY 2011-2012) is based on the prior year Appropriation Limit adjusted for the change in assessment roll for nonresidential construction times the change in the population for Marin County. For fiscal year 2012-2013, the City is using a 3.77 percent increase in the change in California Per Capita Personal Income from 2011 to 2012 (this figure is provided by the State of California Department of Finance). For the change in population, the City is using 1.05 percent — representing the change in population for Marin County, which is higher than the City's figure of 0.92 percent for the period of January 2011 to January 2012 (provided by the State of California Department of Finance). A Resolution is attached which authorizes the new Appropriation Limit for fiscal year 2012-2013, which has been calculated to be $105,895,679 (Exhibit A to resolution). The actual budget subject to the limitation excludes self-supporting funds, capital improvement funds, capital outlay grant funds, and specific exclusions such as the Gas Tax Fund. The Fiscal Year 2012-2013 appropriations subject to the Gann Limit is $51,825,702 (Exhibit B to resolution). Therefore, the portion of the City's budget appropriation that is restricted by the GANN limit is $54,069,977 under the legal limit. Also, as part of this action, the City must adopt a Resolution under Proposition 4, to roll over excess revenues in fiscal year 2011-2012 to be included in the Gann limit calculation. A separate Resolution has been prepared for this action. FISCAL IMPACT: By approving the Resolutions, the City's Appropriation Limit for fiscal year is increased to $105,895,679 for fiscal year 2012-2013. To support this calculation, the fiscal year 2011-2012 budget is amended to appropriate revenues that had not been appropriated by fiscal year-end. In adopting this report as presented, the City Council satisfies the requirements of Article XIIIB of the California Constitution and Proposition 4. RECOMMENDATION: Accept this report and adopt the Resolutions as presented. ATTACHMENTS WAManagement Services- WorkFile\Finance- WorkFile\Councif MateriakStaff Reports\2012\City\Gann Limit 12-13,doc RESOLUTION NO. 13367 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROPRIATING UNAPPROPRIATED REVENUES FOR FISCAL YEAR 2011-2012 WHEREAS, the City of San Rafael may have unappropriated revenues in its operating funds as of June 30, 2012; and WHEREAS, the City will require the use of these funds in the future; and WHEREAS, the City Council wishes to appropriate these revenues for future use. NOW, THEREFORE, BE IT RESOLVED by the City Council of San Rafael that the 2011- 2012 Budget is amended to appropriate all year-end unappropriated 2011-2012 revenues into a reserve for working capital. BE IT FURTHER RESOLVED that all previously appropriated year-end revenues and reserves are classified as working capital reserves. I, ESTHER C. BEIRNE, Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a regular meeting of the City Council of said City held on Monday, the 2nd day of July, 2012, by the following vote to wit: AYES: COUNCILMEMBERS: Connolly, Levine, McCullough & Mayor Phillips NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: Heller ESTHER C. BEIRNE, City Clerk RESOLUTION NO. 13368 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROVING FISCAL YEAR 2012-2013 GANN APPROPRIATIONS LIMIT AT $105,895,679 WHEREAS, Proposition 4, which was voted upon by the voters of the State of California on November 6, 1979, places various limitations on the fiscal powers of state and local governments; and WHEREAS, Senate Bill 1352, which implements Proposition 4, requires that the governing body of each local jurisdiction shall establish its Appropriations Limit at a regularly scheduled meeting or noticed special meeting; and WHEREAS, documentation used in the determination of the Appropriations Limit has been available in the Finance Department as provided by Senate Bill 1352; and WHEREAS, the City has elected to use the percent change in the population of Marin County from January 2011 to January 2012, and the percent change in California Per Capita Personal Income, as provided by Proposition 111. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of San Rafael, pursuant to the formula set forth in Senate Bill 1352, does hereby establish the Appropriations Limit for fiscal year 2012-2013 for the City of San Rafael at $105,895,679, as documented in Exhibit A, and further establishes the 2012-2013 Appropriations Subject to the Gann Limit at $51,825,702 as documented in Exhibit B, which Exhibits are attached hereto and incorporated herein by reference as though fully set forth. I, ESTHER C. BEIRNE, Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a regular meeting of the City Council of said City held on Monday, the 2nd day of July, 2012, by the following vote to wit: AYES: COUNCILMEMBERS: Connolly, Levine, McCullough & Mayor Phillips NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: Heller ESTHER C. BEIRNE, City Clerk WAManagement Services-WorkFile\Finance-WorkFile\CounciI Materia[\Resolutions\2011\City\GannApprop Limit 11-12Resolution.doc EXHIBIT A GANN LIMITATION CALCULATION Fiscal Year 2012-2013 (A) (B) Fiscal : ICost of Living Change in Po utation Factor Prior Year Current Year Current Year '. Subject to Year Limitation Limitation Urnitation :Cann Limit Change it Assessment (as calculated) California Roll for Change in Change in Per Capita Nonresidential Population for Population for Personal Income Or Construction San Rafael Or Marin County (Highest S X (Source: State) (Source: County) (Source: State) (Source: State) Highest A) 94/95 $ 24,636,128': $ 24,635,128 95/96 4:72 0.60 1.22 1.060000 x $ 24,635,128 = '$ 26,113,236 $ 26,113,235 96/97 4.67 5.50 1.37 1.43 1.070000 x $ 26,113.235 = :$ 27,941,162 ' $ 27,941,557 97/98 4.67 5.411 2.17 1.64 1.080000 x $ 27,941,557 = "$ 30,176,455 ; $ 30,176,882 98/99 4.15 680 1.42 1.56 1.080000 x $ 30,176 882 = $ 32,690,572: $ 32,591,032 99/00 4.53 6.26 1.47 1-62 1.079800 x $ 32,591 032 = '$ 35,191,299 I' $ 35,192,257 00/01 4.91 9.27 1.50 1.82 1.112600 X $ 35,192,257 = $ 39,154,905 01/02 7.82 6.67 0.53 0.72 1.086000 X $ 39,154,905 = $ 42,522,227 02/03 -127 5.15 0.69 0.81 1.060000 X $ 42,522,227 = $ 45,073,561 03/04 2.31 2.43 1.45 ': 0.77 1.039152 X $ 45,073,561 = $ 46,838,297 04/05 3,28 2.06 -0.16 2.53 1.058900 X $ 46,838,297 = $ 49,597,072 $ 39,274,542 05/06 526 1.59 0.07 ", 0.33 1.056100 X $ 49,597,072 = $ 52,379,468 $ 43,215,534 06/07 196 0.57 0.49 0.74 1.047300 X $ 52,379,468 = $ 54,857,017 $ 47,167,477 07/08* 4.42 2.09 0.97 0.97 1.054300 X $ 54,857,017 = $ 58,867,753 $ 53,279,474 08/09 4:29 2.63 0.68 0.93 1.052600 X $ 58,867753 = $ 61,964,197 $ 54,394,753 09/10 0.62 6.65 0.57 0.81 1.075100 X $ 61,964,197 = $ 66,617,708 $ 51,368,817 10/11 -2.54 39„62 0.79 0.93 1.409200 X $ 66,617,708 = $ 93,877,674 $ 48,469,424 11/12** 2151 -34.13 0.81 0.90 1.034300 X $ 93,877,674 = $ 100,987,678 $ 50,180,413 12/13 377 0.12 1 0.92 1.05 1.048600 X $ 100,987,678 = I $ 105,895,679 1 $ 51,825,702 = Value selected for Factor calculation *Includes Increase for Paramedic Tax Revenue Generated by Measure P -Includes increase for Paramedic Tax Revenue Generated by Measure I GANN Limit Calculations City of San Rafael Appropriation Limit Analysis FY 2012-13 EXHIBIT 2012-2013 Fund# 2012-2013 Less Less Appropriations Projected Exempt Non -Tax Subject to Budget Expenditures Revenues Gann Limit Total Fund# General Fund 001 $ 56.145.941 $ 339.394 $ 9.552.242 $ 46.254.305 Abandoned Vehicle Fund 200 154.046 1.190 130.120 23.630 StonnvvaterFund 205 1.167.635 3.270 800.200 304.165 Emergency Medical Services 210 5.581.584 42.410 2.300.000 3.239.174 Library Fund 214 89.350 - 44.280 45.890 Library Special Assessment 215 807.586 7.500 800.086 Street Cleaning Fund 220 130 - - 130 Recreation Revolving 222 3.703.056 38.470 2.638.270 1.088.316 Street Maintenance Fund 225 - - ' - Police Youth Services 230 6.000 - - 6.000 Open Space Fund 405 3900 3900 Total Appropriations Appropriation Limit 430,234 $ 15,465,092 $ 51,825,702 Available Room Under Appropriation Limit Excluded funds include self-supporting funds, capital improvement funds, capital outlay grant funds and specific exclusions such as the Gas Tax Fund. $ 105,895,679 $ 54,069,977 VV-WonaQementServices- VVorkFile\Finance-VVorkFi|eV\ucoundngand Budgedng\Budgebs11-13\EkJhtaen-K4onth Budget 2O11-13\GonnLimit 12'13VGannLimit Growth 12'13.xls;SubhzLimit CITY OF SAN RAFAEL INSTRUCTIONS: USE THIS FORM WITH EACH SUBMITTAL OF A CONTRACT, AGREEMENT, ORDINANCE OR RESOLUTION BEFORE APPROVAL BY COUNCIL I AGENCY. SRRA / SRCC AGENDA ITEM NO. 3e -a DATE OF MEETING: July 2, 2012 FROM: Mark Moses DEPARTMENT: Finance DATE: June 26, 2012 TITLE OF DOCUMENT: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROPRIATING UNAPPROPRIATED REVENUES FOR FISCAL YEAR 2011-2012 Department Head (signature) (LOWER HALF OF FORM FOR APPROVALS ONLY) APPROVED AS COUNCIL AGENCY AGENDA -ITEM: City Manager (signature) City Attorney (signature) CITY OF SAN RAFAEL INSTRUCTIONS: USE THIS FORM WITH EACH SUBMITTAL OF A CONTRACT, AGREEMENT, ORDINANCE OR RESOLUTION BEFORE APPROVAL BY COUNCIL 1 AGENCY. SRRA / SRCC AGENDA ITEM No. 3e -b DATE OF MEETING: July 2, 2012 FROM: Mark Moses DEPARTMENT: Finance DATE: June 26, 2012 TITLE OF DOCUMENT: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROVING FISCAL YEAR 2012-2013 GANN APPROPRIATIONS LIMIT AT $105,895,679 Department Head (signature) (LOWER HALF OF FORM FOR APPROVALS ONLY) APPROVED AS COUNCIL / AGENCY AGENDA ITEM: City Manager (signature) NATAVISM UTOWTS-60TOAVIXOTTAIRIwel ire] V LY, City Attorney (signature)