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HomeMy WebLinkAboutItem 26 - Appropriations Limit for Fiscal Year 2023-24 Finance and Management Services www.santa-ana.org/finance Item # 26 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report June 20, 2023 TOPIC: Appropriations Limit for Fiscal Year 2023-24 AGENDA TITLE Adopt a Resolution Establishing the Appropriations Limit of the City of Santa Ana for Fiscal Year (FY) 2023-24 RECOMMENDED ACTION Adopt a resolution establishing the appropriations limit of the City of Santa Ana for FY 2023-24, as required by state law. DISCUSSION The State of California Constitution imposes a limit (“the GANN Limit”) on tax proceeds to be appropriated for expenditures by a local government in any given fiscal year and requires the cities establish this limit by resolution. Adoption of the subject resolution is necessary for compliance with the California constitution for the fiscal year ending June 30, 2024. Furthermore, Section 13-90 of the Santa Ana Municipal Code requires the creation of a Reserve Fund for Excess Proceeds of Taxes (Reserve Fund), as a separate accounting of taxes received in a fiscal year prior to the period of expenditure. The City appropriates the expenditure of tax revenue in the same fiscal year of receipt, and therefore creation of the Reserve Fund is not necessary for the fiscal year 2023-24. In fiscal year 2021-22, the Proceeds of Taxes were $318,009,638 and the actual General Fund expenditures were $358,303,787. Using the formula provided by the state, staff calculated the spending limitation from “Proceeds of Taxes” as $1,373,855,642 (Exhibit 1) for fiscal year 2023-24, which is the FY22-23 limit increased by 3.96%. The funds constrained by the appropriations limit include the General Fund, the Capital Outlay Fund, and Special Revenue Funds. Exhibit 1 identifies the factors used to determine the allowable inflationary increase from the prior year. Exhibit 2 categorizes FY 2023-24 anticipated revenues from “Proceeds of Taxes” and “Non-Proceeds of Taxes”. Exhibit 3 computes the FY 2023-24 appropriations subject to this limitation, and identifies the difference between the limit and the budgeted appropriation. As demonstrated in Exhibit 3, the City’s anticipated Appropriations Limit for Fiscal Year 2023-24 June 20, 2023 Page 2 3 5 2 3 fiscal year 2023-24 appropriations subject to limitation is $317,674,415, which is $1,056,181,227 less than the allowable GANN Limit. FISCAL IMPACT There is no fiscal impact associated with this action. EXHIBIT(S) 1. Computation of Appropriation Limit 2. Schedule to Categorize Anticipated Revenues 3. Appropriation Subject to Limitation 4. Resolution Submitted By: Kathryn Downs, FMSA Executive Director Approved By: Kristine Ridge, City Manager Fiscal Year 2022-23 Appropriations Limit $ 1,321,523,319 California Per Capita Personal Income:4.440% * Converted into a Factor 1.0444 Population Growth:-0.46% * Converted into a Factor:0.9954 Calculation of factor for fiscal year 2023-24 (1.0444 x 0.9954):1.0396 Fiscal Year 2023-24 Appropriations Limit $ 1,373,855,642 * Source: State of California, Department of Finance, Price and Population Information - FY 2023-24 COMPUTATION OF APPROPRIATION LIMIT FOR FISCAL YEAR ENDING JUNE 30, 2024 EXHIBIT 1 REVENUE PROCEEDS OF TAXES NON-PROCEEDS OF TAXES TOTALS TAXES: Property Tax $101,557,690 $- $ 101,557,690 Sales Tax 156,203,000 - 156,203,000 Hotel Visitors' Tax 8,500,000 - 8,500,000 Business Tax 15,000,000 - 15,000,000 Documentary Stamp Tax 1,000,000 - 1,000,000 Utility Users' Tax 25,800,000 - 25,800,000 Medical Marijuana/Cannabis Tax 16,060,130 - 16,060,130 Total Taxes 324,120,820 - 324,120,820 FROM STATE: State Motor Vehicle License 300,000 - 300,000 Homeowner Prop Tax Subvention 182,000 - 182,000 State Gas Tax - 16,507,380 16,507,380 SB90 Reimbursements - 85,000 85,000 State Grants - 5,555,470 5,555,470 Standards Training for Corrections Reimbursemen - 55,620 55,620 Total State 482,000 22,203,470 22,685,470 OTHER GOVERNMENT: Community Development (CDBG) - 5,372,380 5,372,380 Urban Area Security Initiative Grant - 444,680 444,680 Social Services Agency Grant - 838,970 838,970 Housing (Section 8) - 56,694,610 56,694,610 Workforce Investment Act - 2,648,020 2,648,020 Measure M, Street Grants - 37,189,040 37,189,040 Civic Center and Park - 3,908,250 3,908,250 Program Income - 1,158,520 1,158,520 Other Federal Grants - 1,938,300 1,938,300 Total Other Government - 110,192,770 110,192,770 SCHEDULE TO CATEGORIZE ANTICIPATED REVENUES FOR FISCAL YEAR ENDING JUNE 30, 2024 EXHIBIT 2 Exhibit 2 Continued PROCEEDS NON-PROCEEDS REVENUE OF TAXES OF TAXES TOTALS LOCALLY RAISED: Licenses and Permits - 6,537,440 6,537,440 Franchise Fees - 11,192,830 11,192,830 Fines and Forfeitures - 5,661,100 5,661,100 Charges for Services - 23,784,360 23,784,360 From Use of Property - 19,157,200 19,157,200 Others - 1,310,000 1,310,000 Others - Inter-Agency - 4,537,900 4,537,900 Total Locally Raised - 72,180,830 72,180,830 OTHER MISCELLANEOUS: Donation - 346,670 346,670 Expense Reimbursements - 5,961,520 5,961,520 Indirect Cost Recovery - 8,395,000 8,395,000 Interfund Transfers - 21,941,710 21,941,710 Opioid Settlements - 600,000 600,000 Total Other Miscellaneous - 37,244,900 37,244,900 FROM USE OF MONEY: Earnings on Investment 558,142 438,718 996,860 TOTAL REVENUES $ 325,160,962 $ 242,260,688 $ 567,421,650 Proceeds of taxes 325,160,962$ Less: Exclusions (7,486,547) Appropriation subject to limitation 317,674,415$ Current year limit 1,373,855,642 Over(under) limit (1,056,181,227)$ APPROPRIATION SUBJECT TO LIMITATION FOR FISCAL YEAR ENDING JUNE 30, 2024 EXHIBIT 3 RESOLUTION NO. 2023-XXX A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA ESTABLISHING THE APPROPRIATION LIMIT OF THE CITY OF SANTA ANA FOR FISCAL YEAR 2023-2024 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS FOLLOWS: Section 1. The City Council of the City of Santa Ana hereby finds, determines and declares as follows: A.Article XIIIB of the Constitution of the State of California, adopted by the voters of the State of California in 1979, imposes upon State and local government the obligation to limit each fiscal year’s appropriations to those established in fiscal year 1978-79 as adjusted for by inflation and population, together with other specified changes required or permitted. B.In June of 1990, the voters of the State of California approved Proposition 111, which amended Article XIIIB to establish the limit originally calculated for fiscal year 1986-87 as a new adjustment base, and to change the definition of the cost of living to be either the percentage change in California per capita personal income from the preceding year or the percentage change in the local assessment roll from the preceding year for the jurisdiction due to the addition of local non-residential new construction. C.Proposition 111 further modified Article XIIIB requirements by making certain capital outlay, debt service, emergency and court ordered expenditures not subject to the limit, and by allowing expenditures in excess of one year's limit to be offset by under expenditures in an immediately following year. D.The City of Santa Ana has opted to use as the inflation adjustment factor the percentage change in the California per capita personal inco me from the preceding year. E.The City of Santa Ana has opted to use as the population adjustment factor the County’s percentage change in population from the preceding year. F.Section 7910 of the Government Code of the State of California requires the governing body of each local jurisdiction each year to, by resolution, establish its appropriations limit and make other necessary determinations for the following fiscal year pursuant to Article XIIIB of the California EXHIBIT 2 Constitution at a regularly scheduled meeting or noticed special meeting. Fifteen days prior to the meeting, documentation used in the determination of the appropriations limit and other necessary determinations shall be available to the public. G. This matter came before the City Council at its regularly scheduled meeting of June 20, 2023. H. The Executive Director of the Finance and Management Services Agency of the City of Santa Ana has determined the City’s appropriation limit for fiscal year 2023-2024 in accordance with said provisions of the Constitution and laws of the State of California, and the documentation used in the determination has been available to the public since not later than June 5, 2023, in the office of the Executive Director of the Finance and Management Services Agency. Section 2. Based upon the above referenced facts, and all facts specified in the accompanying Request for Council Action and its attachments, and each of them, the appropriation limit of the City of Santa Ana for fiscal year 2023-2024 is hereby found and determined to be $1,373,855,642. Section 3. This Resolution shall take effect thirty (30) days after its adoption by the City Council, and the City Clerk shall attest to and certify the vote adopting this Resolution. ADOPTED this _____ day of ______________, 2023. _______________________ Valerie Amezcua Mayor APPROVED AS TO FORM: Sonia R. Carvalho City Attorney By:________________________ Andrea Garcia-Miller Assistant City Attorney AYES: Councilmembers ___________________________________ NOES: Councilmembers ___________________________________ ABSTAIN: Councilmembers ___________________________________ NOT PRESENT: Councilmembers ___________________________________ CERTIFICATE OF ATTESTATION AND ORIGINALITY I, Jennifer Hall, City Clerk, do hereby attest to and certify the attached Resolution No. 2023-______ to be the original resolution adopted by the City Council of the City of Santa Ana on June 20, 2023. Date: ____________ ___________________________ City Clerk City of Santa Ana