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HomeMy WebLinkAbout17 APPRO. LIMIT 02-03 08-05-02AGENDA REPORT NO. 17 08-05-02 330-50 ~ MEETING DATE: AUGUST 5, 2002 ~ TO: FROM' SUBJECT: WILLIAM A. HUSTON, CITY MANAGER RONALD A. NAULT, FINANCE DIRECTOR APPROPRIATION LIMIT FOR FISCAL YEAR 2002/2003 SUMMARY: Article XIIIB of the State Constitution requires each City to annually adopt a limit on appropriations for all governmental funds. The following recommendation and attached worksheets are based on the Draft Budget as presented to the City Council. RECOMMENDATION: 1. Select the change in the California per Capita Personal Income as the price factor for adjusting the 2002/2003 appropriation limit. 2. Adopt Resolution 02-72 setting the appropriation limit for Fiscal Year 2002/2003 at $45,895,395. FISCAL IMPACT: None. DISCUSSION: Article XIIIB of the State Constitution requires Cities to annually adopt a limit on appropriations for governmental funds. The basis of this limitation is the relationship between proceeds of tax and total appropriations. The base year was 1978/79, and the limit is allowed to grow based on the annual increase in population and U. S. CPI/California per Capita Personal Income, whichever is less. Proposition 111 was approved by voters in 1990 changing the base year from 1978/79 to 1986/87 and amending the adjustment formulas to make the Appropriation Limit more responsive to local growth patterns. It also required a review of the Limit calculation as part of the annual audit process. Exhibit 'W' shows the calculation of the Appropriation Limit for each of the Fiscal Years 1987/1988 through 2002/2003. Worksheets #1-6 go through the various calculations that are required in conformance with the League of California Cities uniform guidelines for calculating the annual appropriations limit. Worksheet #5 goes through the steps necessary to calculate the current limit of $45,895,395. Worksheet #3 carries forward the proceeds of taxes from Worksheet #2 and compares them with the current year's limit from Worksheet #5. The result shows the City of Tustin is below its allowable spending limit for Fiscal 2002/2003 by $17.1 million. Ronald A. Nault Finance Director Senior Management Analyst Attachments BU DG ET&CAFR:Appropriation LimitStaflP, eport2002.doc RESOLUTION NO. 02-72 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, DETERMINING AND ADOPTING AN APPROPRIATION LIMIT FOR THE FISCAL YEAR 2002-2003 IN ACCORDANCE WITH ARTICLE XIIIB OF THE CONSTITUTION OF THE STATE OF CALIFORNIA, AND SECTION 7910 OF THE GOVERNMENT CODE The City Council of the City of Tustin does hereby resolve as follows: WHEREAS, Article XIIIB was added to the Constitution of the State of California at a general election held November 6, 1989; and WHEREAS, an annual appropriation limit must be determined for this City effective for the fiscal year beginning July, 2002; and WHEREAS, the appropriation limit must be adhered to in preparing and adopting this City's Annual Budget; NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve and order as follows: Section 1: In accordance with Article XIIIB of the Constitution of the State of California, and Section 7910 of the Government Code, and as set forth in detail in the Attached Exhibit "A", that the appropriation limit for the fiscal year beginning July, 2002 through June, 2003 is $45,895,395. Section 2: The appropriation limit shall not be exceeded in the adopted budget nor by any proposed amendment to the budget. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin held on the 5th day of August, 2002. ATTEST: Jeffery M. Thomas Mayor Pamela Stoker City Clerk Exhibit A City of Tustin Appropriations Limits Appropriations Limit for the Base Year Ending ,Tune 30, 1987: (a) (b) (a)x(b) Per Capita Current P. Income Population Calculation . Cumulative Fiscal Year Change Change Factor Factor 1987-88 1.0347 1.0199 1.0553 1.0553 1988-89 1.0466 1.0579 1.1072 1.1684 1989-90 1.0519 1.0238 1.0769 1.2583 1990-91 1.0421 1.0435 1.0874 1.3683 1991-92 1.0414 1.0273 1.0698 1.4639 1992-93 0.9936 1.0615 1.0547 1.5440 1993-94 1.0272 1.0687 1.0978 1.6949 1994-95 1.0071 1.0415 1.0489 1.7778 1995-96 1.0472 1.0508 1.1004 1.9563 1996-97 1.0467 1.0373 1.0857 2.1240 1997-98 1.0467 1.0283 1.0763 2.2801 1998-99 1.0415 1.0337 1.0766 2.4612 1999-00 1.0453 1.0396 1.0867 2.6746 2000-01 1.0491 1.0410 1.0921 2.9210 2001-02 1.0782 1.0172 1.0967 3.2036 2002-03 0.9873 1.0183 1.0054 3.2208 02-03 Factors as reported by the State Department of Finance Per Capita Personal Income over Prior Year: Population Change: -1.27% 1.43% $14,249,831 Amended Limit $15,037,847 $16,649,876 $17,930,838 $19,498,555 $20,860,143 $22,001,327 $24,152,367 $25,333,288 $27,876,693 $30,266,894 $32,576,913 $35,072,257 $38,112,807 $41,623,496 $45,650,362 $45,895,395 Per Cap Chg. 0.9873 Pop Chg. 1.0143 \\COT_PRlMARY~Budget0102fyV~ppropriation Limit Worksheet..xls: Sheet1 7~30~2002 Page 1 of 1 Worksheet #1 User Fees Versus Cost Fiscal Year 02/03 Based on Budget Projections Program Parks & Recreation Services Administration: 4466-Non-Residential Fees Sports: 4449-Sports Fees 4468-Sports Park Concession 4720-Sports Fee-Tennis 4721-Sports Fee-Youth Classes: 4450-Classes~Cultural Arts 4711-Day Camp Senior Programs: 4452-Senior Classes 4712-Senior Center Rentasl Support Services: 4713-CT Gym Rentals Tustin Youth Center: 4451-Youth Service Fees 4709-Newport Family Youth Center Fees Difference Expenses Tax/(non-Tax) -11,345 345,123 -356,468 -11,345 345,123 -356,468 175,000 3,300 42,000 70,000 290,300 637,456 -347,156 280,000 80,000 360,000 396,619 -36,619 53,350 53,350 361,155 -307,805 0 234,365 -234,365 -213 231,887 -213 231,887 -232,100 Total 692,092 2,206,605 -1,514,513 U:\Excel~Appropriation Limit Worksheet..xls: Worksheet #1 7/30/2002 Page 1 of I 0 0 0 0 o 0 0 ~.~ 8 88888 ,~ 0 0 0 0 0 ~ O~ ~0~ ~ x 0 ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 ¢~J t~J o o o 0 0 ~ 0 o Worksheet #3 Appropriations Subject to Limit Fiscal Year 02-03 Based on 02-03 Budget Projections Amount 5ource A. Proceeds of Taxes $28,866,668 From Work 5heet #2 B. Exclusions $0 From Work Sheet #6 C. Appropriations 5ubject to Limit. $28,866,668 (A-B) b. Current Year Limit $45,895,395 From Work 5heet #5 E. Over/(Under) Limit ($17,028,727) (C-b) U:\Excel~ppropriation Limit Worksheet..xls: WorkSheet #3 7/30/2002 Page 1 of 1 To Compute Limit to: Worksheet ~ Population Increase Fiscal Year 02-03 Based on 02-03 Budget Projections City population Increase County Population Tncrease 1994/95 01/01/93 01/01/94 52,818 55,012 4.15% 2,540,452 2,582,051 1.64% 1995/96 01/01/94 01/01/95 55,053 57,849 5.08% 2,583,608 2,627,949 1.72% 1996/97 01/01/95 01/01/96 56,821 58,940 3.73% 2,583,745 2,610,959 1.05% 1997/98 01/01/96 01/01/97 59,101 60,776 2.83% 2,618,920 2,646,967 1.07% 1998/99 01/01/97 01/01/98 61,216 63,276 3.37% 2,665,181 2,710,335 1.69% 1999/00 01/01/98 01/01/99 63,182 65,682 3.96% 2,722,075 2,770,335 1.77% 2000/01 01/01/99 01/01/00 65,682 68,316 4.01% 2,770,310 2,828,400 2.10% 2001/02 01/01/00 01/01/01 68,029 69,199 1.72% 2,864,827 2,922,837 2.02% 2002/03 01/01/01 01/01/02 68,102 69,078 1.43% 2,878,578 2,937,958 2.06% U:\Excel~Appropriation Limit Worksheet..xls: WorkSheet #4 7/30~2002 Page 1 of 1 A. Last Years Limit B. Worksheet #5 Appropriations Limit Fiscal Year 02-03 Based on 02-03 Budget Projections Amount 5our'ce AdJustment Factors 1. Population 2. Price factor C. Annual AdJustments b. Other Adjustments: Sub Total E. Current Year Limit $45,650,362 1.0183 0.9873 1.0054 $245,032 $0 $245,032 $45,895,395 From Exhibit A bept of Finance bept of Finance (BI*B2) (B'A) (C-b) (A+E) U:\ExcelV~ppropriation Limit Worksheet..xls: WorkSheet #5 7/30/2002 Page 1 of 1 Worksheet ~ Excluded Appropriations Fiscal Year 02-03 Based on 02-03 Budget Projections Category Amount Court Orders: Sub Total $0 Federal Mandates: Sub Total - $0 C~ualified Capital Otlays: Sub Total $0 O, ualified Dept Service: Sub Total $0 Total Exclusions $0 U:\Excel~ppropriation Limit Worksheet..xls: WorkSheet ~6 7/30/2002 Page 1 of 1