HomeMy WebLinkAboutReso 70-22 Appropriations Limit for FY 22-23RESOLUTION NO. 70-22
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF MORRO BAY, CALIFORNIA,
ESTABLISHING THE ANNUAL PROPOSITION 4
APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2022-23
THE CITY COUNCIL
City of Morro Bay, California
WHEREAS, Article XIIIB of the California Constitution restricts the appropriation of
tax proceeds that the City receives in any given fiscal year; and
WHEREAS, the City has calculated the FY 2022-23 appropriations limit, in
accordance with the provisions of Article XIIIB of the California Constitution; and
WHEREAS, in June 1990, the California voters approved Proposition 111,
amending the Gann Initiative to provide local agencies with the option of using either the
city or county population change percentage, whichever is greater. The City is calculating
this limit using the San Luis Obispo County population change and the California Per Capita
Personal Income, referred to as the Price Factor (outlined in Exhibit 3, attached hereto); and
WHEREAS, the City has complied with Government Code 7910.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro
Bay, California, to adopt Resolution No. 70-22, which accepts the calculation of the FY 2022-
23 appropriations limit, as prepared by the Morro Bay Finance Department, and establishes
the FY 2022-23 appropriations limit at $32,958,496, based on the calculation detailed in
Exhibits 1 and 2 attached hereto.
PASSED AND ADOPTED, by the City Council of the City of Morro Bay, at a regular
meeting thereof held on the 28th day of June 2022, by the following vote.
AYES' Headding, Addis, Barton, Ford, Helier
NOES. None
ABSENT: None
JOHDDING, Mayor
ATTEST:
)44-Vvrt-
NA S ANSON, City Clerk
Property taxes
Intergovernmental Revenues
Other taxes:
Sales and Use Tax
Cannabis City Tax
Transient Occupancy Tax
Franchise fees
Other
Licenses/permits
Revenues From Current Services
Fines/Forfeitures
Other Revenues
Use of money and property:
Interest
Rent
Revenue from other agencies:
State
State/County grants
Federal grants
Property taxes
Intergovemmental Revenues
Other taxes:
Sales and Use Tax
Cannabis City Tax
Transient Occupancy Tax
Franchise fees
Other
Licenses/permits
Revenues From Current Services
Fines/Forfeitures
Other Revenues
Use of money and property:
Interest
Rent
Revenue from other agencies:
State
State/County grants
Federal grants/loans
001
General
5,037,900
108,970
2,690,000
480,000
4,006,000
623,460
582,245
2,054,049
10,300
162,960
491,000
003 007
District
Trans Tax MBTBID
4,292,000
dab
515-2340
CTMD
IMO
CITY OF MORRO BAY
APPROPRIATION LIMIT DOCUMENTATION
FISCAL YEAR 2022/23
051
GFER
052
GF Fac Maint
38,000
250 201-206
State
Gas Tax CDBG
300,362
1106
4,036
280 282
Traffic SLESF
Safety COPS
10,000
301 303 302 019
LTF LTF
Transit Roads Bikepaths ARPA
100,000 392,153
10,100
MEM
14,085
IMO
IMO
AIM
144
1,261,055
925
Triangle Lot
Boat Yard
46,000
16,246,884
311
Water Ops
7,649,200
55,000
4,292,000
321
Sewer Ops
331 500
Special
Harbor Ops Assessmt
& Equipment Districts
23,000
9,460,000 2,334,464
30,000 3,000
500
20,000
2,832
570 & 575
Special
Assessmt LMD
Cloisters
148,944
38,000
599
MB/CSD
WWTF
141,
PIP
300,362 4,036 10,000
900 515-
Gov
Impact
35,750
11,000
924
PEG State Park
Fees Marina
38,000
INF
- 95,000
100,000 402,253
941 951
Housing
In -Lieu
EMI
20,000
952
Water Sewer
Accum Accum
14,085
953
Harbor
Accum
1,261,055
All Funds
Capital
Protect Revenue
233,281
96,800
46,000
TOTAL
ESTIMATED
REVENUES
5,186 844
1,171 851
6,982,000
480,000
4,006,000
661,460
2,832
582,245
21,563,563
108,300
174,460
690,000
96,800
1,265,091
7,704,200
9,510,000 2,360,964
2,832
148,944
46,750 38,000 95,000
20,000
330,081
42,971,446
PROPERTY TAXES
INTERGOVERNMENTAL
OTHER TAXES
PERMITS
REVENUE FROM AGENCIES
STATE
STATE/COUNTY GRANTS
FEDERAL GRANTS
USE OF MONEY & PROPERTY
INTEREST
RENT
FINES & FORFIETURES
CHARGES FOR SERVICES
OTHER REVENUES
CITY OF MORRO BAY
APPROPRIATION LIMIT DOCUMENTATION
FISCAL YEAR 2022/23
PROCEEDS OF TAXES CALCULATION
[1]
PROCEEDS
OF TAXES
5,186,844 $
11,470,832
PROCEEDS
OTHER THAN
TAXES
1,171,851
661,460
582,245
96,800
1,265,091
690,000
108,300
21,563,563
174,460
16,657,676 $ 26,313,770 $
TOTAL
ESTIMATED
REVENUES
5,186,844
1,171,851
12,132,292
582,245
96,800
1,265,091
690,000
108,300
21,563,563
174,460
42,971,446
APPROPRIATION LIMIT CALCULATION
[2]
CALIFORNIA
YEAR PCPI CHANGE
1978-79
1979-80
1980-81
1981-82
1982-83
1983-84
1984-85
1985-86
1986-87
1987-88
1988-89
1989-90
1990-91
1991-92
1992-93
1993-94
1994-95
1995-96
1996-97
1997-98
1998-99
1999-2000
2000-01
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
2019-20
2020-21
BASE YEAR
10.17%
10.53%
9.12%
6.79%
2.35%
4.74%
3.74%
2.30%
3.04%
3.93%
4.98%
4.21%
4.14%
- 0.64%
2.72%
0.71%
4.72%
4.67%
4.67%
4.15%
4.53%
4.91%
7.82%
- 1.27%
2.31%
3.28%
5.26%
3.96%
4.42%
4.29%
0.62%
-2.54%
2.51%
3.77%
5.12%
- 0.23%
3.82%
5.37%
3.69%
3.67%
3.85%
3.73%
2021-22 5.73%
2022-23 7.55%
PROCEEDS OF TAXES
[3]
POPULATION
CHANGE
PROCEEDS OF TAXES
UNDER APPROPRIATION LIMIT
1.38%
0.26%
1.39%
2.04%
1.81%
1.75%
1.62%
4.12%
2.93%
3.83%
3.92%
4.59%
3.04%
1.00%
1.86%
1.40%
1.60%
2.31%
2.06%
2.70%
2.28%
2.46%
1.60%
1.80%
1.32%
1.15%
1.19%
0.73%
0.96%
1.12%
1.01%
0.87%
1.09%
0.47%
0.52%
0.09%
0.78%
0.77%
0.59%
0.35%
0.24%
-0.42%
-0.30%
0.28%
LIMIT
$ 3,046,393
3,402,527
3,770,591
4,171,660
4,545,796
4,736,835
5,048,185
5,321,826
5,668,530
6,011,990
6,487,570
7,077,629
7,714,137
8,277,721
8,306,991
8,691,654
8,875,912
9,143,573
10,112,922
10,803,250
11,555,378
12,354,234
13,279,663
14,547,223
14,620,998
15,156,198
15,833,334
16,864,495
17,660,315
18,617,934
19,634,110
19,955,375
19,617,710
20,329,315
21,194,880
22,395,914
22,364,513
23,399,944
24,846,376
25,915,210
26,960,330
28,065,499
28,990,070
30,559,247
32,958,496
16,657,676
$ 16,300,820
[1] Per City of Morro Bay FY 22/23 Proposed Annual Budget, total All Funds Revenues less transfers.
[2] Per State Department of Finance (per capita personal income); FY 21/22 = 7.55%
[3] Per State Department of Finance (population growth of City or County, whichever is greater); FY 21/22 MB =-1.62%; SLO County = +0.28%