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HomeMy WebLinkAbout13 APPROP'TN LIMIT 07-07-03AGENDA REPORT Agenda Item Reviewed: City Manager Finance Director MEETING DATE: JULY 7, 2003 TO: FROM: SUBJECT: WILLIAM A. HUSTON, CITY MANAGER RONALD A. NAULT, FINANCE DIRECTOR APPROPRIATION LIMIT FOR FISCAL YEAR 2003/2004 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 2003/2004 appropriation limit. 2. Adopt Resolution 03-87 setting the appropriation limit for Fiscal Year 2003~2004 at $47,310,156. 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 "A" shows the calculation of the Appropriation Limit for each of the Fiscal Years 1987/1988 through 2003/2004. 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 $47,310,156. 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 2003/2004 by $18,405,435 million. Finance Director Keit~ ~. Neves Senior Management Analyst Attachments BU DGET&CAFR:AppropriationLimitStaffReport2003.doc RESOLUTION NO. 03-87 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, DETERMINING AND ADOPTING AN APPROPRIATION LIMIT FOR THE FISCAL YEAR 2003-2004 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, 2003; 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, 2003 through June, 2004 is $47,310,156. 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 7th day of July, 2003. ATTEST: Tracy Wills Worley Mayor Pamela Stoker City Clerk CITY OF TUSTIN RESOLUTION CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF TUSTIN ) RESOLUTION NO. 03-87 Pamela Stoker, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does hereby certify that the whole number of the members of the City Council is five; that the above and foregoing Resolution was duly and regularly passed and adopted at a regular meeting of the City Council held on the 7th day of July, 2003, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: Pamela Stoker City Clerk RES:AppropriationLimitResolutionFor2003-2004.doc Exhibit A City of Tustin Appropriations Limits Appropriations Limit for the Base Year Ending June 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 2.2861 1998-99 1.0415 1.0337 1.0766 2.4612 1999-00 1.0453 1.0396 1.0867 2.6746 2000-01 1.0491 1.0401 1.0912 2.9185 2001-02 1.0782 1.0172 1.0967 3.2008 2002-03 0.9873 1.0143 1.0014 3.2053 2003-04 1.0231 1.0124 1.0358 3.3201 03-04 Factors as reported by the State Department of Finance Per Capita Personal Income over Prior Year: Population Change: 2.31% 1.24% $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 $41,587,510 $45,610,895 $45,675,589 $47,310,156 Worksheet #1 User Fees Versus Cost Fiscal Year 03/04 Based on Budget Projections Program Parks & Recreo, ion .Services Administro, ion: 4466-Non-Residential Fees 5ports: 4449-Sports Fees 4468-Sports Park Concession 4720-5ports Fee-Tennis 4721-Spor,s Fee-Youth Classes: 4450-Classes~Cultural Arts 4711-Day Camp Senior Programs: 4452-Senior Classes 4712-Senior Center Rentals Support Services: 4713-CT Gym Rentals Tus,in You,h Cen,er: 4451-Youth Service Fees 4709-Newport Family Youth Center Fees Difference Expenses Tax/(non-Tax) 15,000 369,833 -354,833 15,000 369,833 -354,833 192,870 3,300 48,000 92,000 336,170 706,473 -370,303 345,000 86,000 431,000 440,549 -9,549 45,988 8,000 53,988 291,220 -237,232 8,800 8,800 281,398 -272,598 45,000 236,514 45,000 236,514 -191,514 Total 889,958 2,325,987 -1,436,029 U:\Excel~Appropriation Limit Worksheet..xls: WorkSheet #1 6/24/2003 Page 1 of I ~'E ~o I '13 0 &_ ~8o& ~ o r,. 'cD o ~, ~ro o Worksheet #3 Appropriations Subject to Limit Fiscal Year 03-04 Based on 03-04 Budget Projections Amount Source A. Proceeds of Taxes $28,904,721 From Work Sheet #2 B. Exclusions $0 From Work 5heat #6 C. Appropriations Subject to Limit. $28,904,721 (A-B) b. Current Year Limit $47,310,156 From Work 5heat #5 E. Over/(Under) Limit ($18,405,435) (C-lb) U:\ExcelV~ppropriation Limit Worksheet..xls: WorkSheet #3 6/24/2003 Page 1 of 1 To Compute Limit to: Worksheet ~ Population Increase Fiscal Year 03-04 Based on 03-04 Budget Projections City population Increase County Population Increase 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% 2003/04 01/01/02 01/01/03 68,898 69,753 1.24% 2,928,793 2,977,151 1.65% U:\Excel~,ppropriation Limit Worksheet..xls: WorkSheet #4 612412003 Page 1 of 1 A. Last Years Limit B. Worksheet #5 Appropriations Limit Fiscal Year 03-04 Based on 03-04 Budget Projections Amount Source Adjustment Factors 1. Population 2. Price factor $45,675,580 From Exhibit A C. Annual Adjustments 1.0124 bept of Finance 1.0231 bept of Finance 1.0358 (BI*B2) b. Other Adjustments: Sub Total $1,634,567 (B'A) $0 $1,634,567 (C+b) E. Current Year Limit $47,310,156 (A+E) U:\Excel~ppropriation Limit Worksheet..xls: WorkSheet #5 6/24/2003 Page 1 of 1 Worksheet #6 Excluded Appropriations Fiscal Year 03-04 Based on 03-04 Budget Projections Category Amount Court Orders: Sub Total $0 Federal Mandates: Sub Total $0 Qualified Capital Otlays: Sub Total $0 Qualified bept Service: Sub Total $0 Total Exclusions $0 U:\Excel~ppropriation Limit Worksheet..xls: WorkSheet #6 6/24/2003 Page 1 of 1