Loading...
HomeMy WebLinkAboutReso 2012-116RESOLUTION NO. 2012-116 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ESTABLISHING THE GANN INITIATIVE APPROPRIATIONS LIMIT FOR THE CITY OF CHULA VISTA FOR FISCAL YEAR 2012-2013 WHEREAS, Article XIIIB of the California Constitution, approved by the voters in 1979, imposed the concept of spending limits on local governments; and WHEREAS, this Constitutional provision and related implementing legislation specifies that annual increases in appropriations financed from "Proceeds of Taxes" aze limited to a base year (1978-79) amount increased annually by an inflation factor comprised of the change in population of the City combined with the greater of the change in new non-residential construction or the change in the California per capita personal income; and WHEREAS, by definition, "Proceeds of Taxes" includes such revenues as property taxes, sales and use taxes, utility users taxes, transient occupancy taxes, and state subventions; and WHEREAS, revenues from other sources like fees/chazges and federal grants .are considered "Non-Proceeds of Taxes" and are not subject to the annual spending limit; and WHEREAS, this calculation has always been perfunctory for the City of Chula Vista, since the proceeds of taxes for the City are far less than the statutory appropriation limit; and WHEREAS, the State Department of Finance and the San Diego County Assessor's Office are charged with providing the data necessazy for local jurisdictions to establish their appropriation limit; and WHEREAS, according to these sources, for purposes of the Fiscal Year 2012/2013 calculation, the population increased 1.37% and new non-residential construction decreased by - 2.74%; and WHEREAS, California per capita personal income increased by 3.77%; consequently California per capita personal income was used in the formula to compute the limit since this increase was greater than the increase in new non-residential construction; and WHEREAS, the Fiscal Year 2012/2013 Appropriation Limit has been calculated to be $666,335,002; and WHEREAS, the "Proceeds of Taxes" as included in the Fiscal Year 2012/2013 Proposed Budget that are subject to the appropriations limit are estimated to be $76,495,944; and WHEREAS, the City has what is referred to as an appropriation "gap" of $589,839,058 ($666,335,002 - $76,495,944); and Resolution No. 2012-116 Page No. 2 WHEREAS, this means that the City could collect and spend up to $589,839,058 more in taxes during Fiscal Year 2012/2013 without exceeding the Constitutional limit. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby establish an appropriations limit of $666,335,002 for Fiscal Year 2012/2013 pursuant to the requirements of Article XIIIB of the California Constitution. Presented by Approved as to form by ~~:~,w- I~~O ,~a~r,~t,t ~- _ ~~~- MariarKachadoorian len R. G ogins Director ofFinance/Treasurer Ci mey PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 19th day of June 2012 by the following vote AYES: Councilmembers: Aguilar, Bensoussan, Castaneda, Ramirez and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None Cheryl Cox, Ma r ATTEST: ~j17.tua. ~ /V9/1/t.~~ Donna R. Norris, CMC, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2012-116 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 19th day of June 2012. Executed this 19th day of June 2012. Donna R. Norris, MC, City Clerk