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HomeMy WebLinkAboutReso 44-15RESOLUTION NO.44-15 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MORRO BAY, CALIFORNIA, ESTABLISHING THE ANNUAL PROPOSITION 4 APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2015/16 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 2015/16 appropriations limit in accordance with the provisions of Article XIIIB of the California Constitution; and WHEREAS, Proposition III of June 1990 requires an annual election of the methodology used in the calculation of the current year appropriations limit. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay, California, to accept the calculation as prepared by the Finance Department, and establish the fiscal year 2015/16 appropriations limit at $23,399,944. PASSED AND ADOPTED by the City Council of the City of. Morro Bay, at a regular meeting thereof, held on the 23rd day of June 2015, by the following vote: AYES: Irons, Headding, Johnson, Makowetski, Smukler NOES: None ABSENT: None JA L. IRONS, Mayor ATTEST: " �eSv&"' S -'j DANA SWANSON, City Clerk IM O OLn n Opp�O �?00 OD CD1 O J¢ 10 0 L n 7 N t0 p0o N N 7 CCC L f 1 7 C 0 D 0 Ll) Ol Lll Ol ¢ Z 01 tO IlN N NN cl CNN Lila Ll1 l(1 O n IA Ill .y LO 10 N OD w $ $u 1� N Ui V E C 7 lY al , , , , , , , pal 7 0 o Sv o J p O O = rci a C O N N U1 � !n u Au � J LUA ILll t; Vp) M O V' W E W N O M ° u SS M a, 0 C m a of co y, 'o N U V ° E o N n N a co l!) N 10 t�0 N IV O b ul I(1 Lll QL n E CY A O c + f ID N M M 0 a, C, 2 M ti O M O O Ill 0 ' O p ' O O O 0 7 N a O M O V O 0 0 N O N OMD OtN+).^i V M M--I-� N^ n 10 pl O I� Ill Ol �D N 3 l y a' d � a � N O N E E c m w _ rn v c 1g �yw �� �—o� 't�> Q $b4�08> U-i8w' S� �r a 0 Ja' ir_u0 G/ U 41 10 � � a N rh 0 OI C N m E CL ��� c cc t9 QtR �O gi�v�iD� S��r a O J w u 0 CITY OF MORRO BAY APPROPRIATION LIMIT DOCUMENTATION FISCAL YEAR 2015/16 PROCEEDS OF TAXES CALCULATION APPROPRIATION LIMIT CALCULATION [1] PROCEEDS TOTAL [2] [3] PROCEEDS OTHER THAN ESTIMATED CALIFORNIA POPULATION OF TAXES TAXES REVENUES YEAR PCPI CHANGE CHANGE LIMIT PROPERTY TAXES $ 3,759,133 $ $ 3,759,133 1978-79 BASE YEAR $ 3,046,393 OTHER TAXES 6,659,078 507,000 7,166,078 1979-80 10.17% 1.38% 3,402,527 PERMITS 617,500 617,500 1980-81 10.53% 0.26% 3,770,591 REVENUE FROM AGENCIES 1981-82 9.12% 1.39% 4,171,660 STATE 672,220 672,220 1982-83 6.79% 2.04% 4,545,796 STATE/COUNTY GRANTS - 77,261 77,261 1983-84 2.35% 1.81% 4,736,835 FEDERAL GRANTS - 3,400 3,400 1984-85 4.74% 1.75% 5,048,185 USE OF MONEY & PROPERTY 1985-86 3.74% 1.62% 5,321,826 INTEREST 29,709 54,848 84,557 1986-87 2.30% 4.12% 5,668,530 RENT 292,400 292,400 1987-88 3.04% 2.93% 6,011,990 FINES & FORFIETURES 32,000 32,000 1988-89 3.93% 3.83% 6,487,570 CHARGES FOR SERVICES 18,895,818 18,895,818 1989-90 4.98% 3.92% 7,077,629 OTHER REVENUES 49,900 49,900 1990-91 4.21% 4.59% 7,714,137 1991-92 4.14% 3.04% 8,277,721 $ 11,120,140 $ 20,530,127 $ 31,650,267 1992-93 -0.64% 1.00% 8,306,991 1993-94 2.72% 1.86% 8,691,654 1994-95 0.71% 1.40% 8,875,912 1995-96 4.72% 1.60% 9,443,573 1996-97 4.67% 2.31% 10,112,922 1997-98 4.67% 2.06% 10,803,250 1998-99 4.15% 2.70% 11,555,378 1999-2000 4.53% 2.28% 12,354,234 2000-01 4.91% 2.46% 13,279,663 2001-02 7.82% 1.60% 14,547,223 2002-03 -1.27% 1.80% 14,620,998 2003-04 2.31% 1.32% 15,156,198 2004-05 3.28% 1.15% 15,833,334 2005-06 5.26% 1.19% 16,864,495 2006-07 3.96% 0.73% 17,660,315 2007-08 4.42% 0.96% 18,617,934 2008-09 4.29% 1.12% 19,634,110 2009-10 0.62% 1.01% 19,955,375 2010-11 -2.54% 0.87% 19,617,710 2011-12 2.51% 1.09% 20,329,315 2012-13 3.77% 0.47% 21,194,880 2013-14 5.12% 0.52% 22,395,914 2014-15 -0.23% 0.09% 22,364,513 2015-16 3.82% 0.78% 23,399,944 PROCEEDS OF TAXES 11,120,140 PROCEEDS OF TAXES UNDER APPROPRIATION LIMIT $ 12,279,804 [1] Per City of Morro Bay 2015/16 Adopted Annual Budget. [2] Per State Department of Finance (per capita personal income). [3] Per State Department of Finance (population growth of City or County, whichever is greater). MB = 0.29%; SLO County = .78% ATTACHMENT B Fiscal Year 2015-16 Attachment B Annual Percent Change in Population Minus Exclusions" January 1, 2014 to January 1, 2015 and Total Population, January 1, 2015 Total County Percent Chanae — Population Minus Exclusions -- Population City 2014-2015 1-1-14 1-1-16 1-1-2015 San Luis Obispo Arroyo Grande 0.77 17,295 17,428 17,428 Atascadero 1.55 27,646 28,075 29,169 El Paso De Robles 0.33 30,423 30,522 30,522 Grover Beach 0.19 13,119 13,144 13,144 Morro Bay 0.29 10,254 10,284 10,284 Pismo Beach 0.30 7,688 7,711 7,711 San Luis Obispo 0.70 45,484 45,802 45,802 Unincorporated 0.90 115,165 116,196 120,233 County Total 0.78 267,074 269,162 274,293 *Exclusions include residents on federal military installations and group quarters residents in state mental institutions, state and federal correctional institutions and veteran homes. ATTACHMENT C �r1T O.r c� 4� 2 W III ri C fi .tfc DEPARTMENT OF F I N A N C E OFFICE OF THE DIRECTOR May 2015 Dear Fiscal Officer: EDMUND G. BROWN tJR. - GOVERNOR STATE CAPITOL i ROOM 1 145 ■ SACRAMENTO CA ■ 9581 4-4995 ■ WWW.00F.CA.00V Subject: Price and Population Information Appropriations Limit The California Revenue and Taxation Code, section 2227, mandates the Department of Finance (Finance) to transmit an estimate of the percentage change in population to local governments. Each local jurisdiction must use their percentage change in population factor for January 1, 2015, in conjunction with a change in the cost of living, or price factor, to calculate their appropriations limit for fiscal year 2015-16. Attachment A provides the change in California's per capita personal income and an example for utilizing the price factor and population percentage change factor to calculate the 2015-16 appropriations limit. Attachment B provides city and unincorporated county population percentage change. Attachment C provides population percentage change for counties and their summed incorporated areas. The population percentage change data excludes federal and state institutionalized populations and military populations. Population Percent Change for Special Districts Some special districts must establish an annual appropriations limit. Consult the Revenue and Taxation Code section 2228 for further information regarding the appropriations limit. Article XIII B, section 9(C), of the State Constitution exempts certain special districts from the appropriations limit calculation mandate. The Code and the California Constitution can be accessed at the following website: http://Ieginfo.legislature.ca.gov/faces/codes.xhtm1. Special districts required by law to calculate their appropriations limit must present the calculation as part of their annual audit. Any questions special districts have on this issue should be referred to their respective county for clarification, or to their legal representation, or to the law itself. No state agency reviews the local appropriations limits. Population Certification The population certification program applies only to cities and counties. Revenue and Taxation Code section 11005.6 mandates Finance to automatically certify any population estimate that exceeds the current certified population with the State Controller's Office. Finance will certify the higher estimate to the State Controller by June 1, 2015. Please Note: Prior year's city population estimates may be revised. If you have any questions regarding this data, please contact the Demographic Research Unit at (916) 323-4086. MICHAEL COHEN Director By: KEELY M. BOSLER Chief Deputy Director Attachment ATTACHMENT D May 2015 A. Price Factor: Article XIII B specifies that local jurisdictions select their cost of living factor to compute their appropriation limit by a vote of their governing body. The cost of living factor provided here is per capita personal income. If the percentage change in per capita personal income is selected, the percentage change to be used in setting the fiscal year 2015-16 appropriation limit is: Per Capita Personal Income Fiscal Year Percentage change (FY) over prior year 2015-16 3.82 B. Following is an example using sample population change and the change in California per capita personal income as growth factors in computing a 2015-16 appropriation limit. 2015-16: Per Capita Cost of Living Change = 3.82 percent Population Change = 0.93 percent Per Capita Cost of Living converted to a ratio Population converted to a ratio: Calculation of factor for FY 2015-16: 3.82 + 100 = 1.0382 100 0.93 + 100 = 1.0093 100 1.0382 x 1.0093 = 1.0479 ATTACHMENT D