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HomeMy WebLinkAbout2013/02/26 Item 12CITY COUNCIL AGENDA STATEMENT ~V~ `~~~ CIIY OF :~ CHULAVISTA FEBRUARY 26, 2013, Item ITEM TITLE: RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA SUPPORTING THE CALIFORNIA ENTERPRISE ZONE PROGRAM SUBMITTED BY: ECONOMIC DEVEL ENT DIRECTOR REVIEWED BY: CITY MANAGE 4/STHS VOTE: YES ~ NO SUMMARY In 1992, the City of San Diego received approval for the South Bay Enterprise Zone. In 2000 and again in 2004, the South Bay Enterprise Zone was expanded to include properties along the redevelopment areas of the cities of Chula Vista and National City. In 2006, the City of Chula Vista, in partnership with the cities of San Diego, National City and the San Diego Unified Port District, received approval of the San Diego Regional Enterprise Zone (SDREZ). The Enterprise Zone (EZ) is valid for a period of l 5 years, expiring in October 2021. The State Department of Housing and Community Development, at the direction of the Governor of California, has introduced regulatory reforms that would significantly reduce the effectiveness of the EZ program. The League of California Cities has asked all cities with an EZ to adopt a resolution of support for the EZ program. ENVIRONMENTAL REVIEW The Environmental Review Coordinator has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a "Project" as defined under Section 15378 of the State CEQA Guidelines, therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines the activity is not subject to CEQA. Thus, no environmental review is necessary. RECOMMENDATION That City Council adopt the resolution as proposed. 12-1 Item No.: (~~ Meeting Date: 02/26/13 Page 2 of 4 BOARDS/COMMISSION RECOMMENDATION N/A DISCUSSION Benefits of the SDREZ Program The primary goals of the EZ program are to help attract business and industry to the State, to help retain and expand existing State business and industry, and to create increased job opportunities for all Californians. Businesses located within the SDREZ may receive individual or corporate State tax incentives/credits to reduce a company's State tax liability dollar per dollar by hiring qualified employees and purchasing manufacturing equipment. Any unused tax credits may be carried forward to reduce future tax year's liabilities. Exhibit 2 (SDREZ Fact Sheet) provides a brief description of the State tax benefits available to SDREZ businesses. The EZ program has made a significant positive impact on the local economy and the 41 Enterprise Zones throughout the State. From 2008 through 2012, over 4,000 jobs were created or retained in the City of Chula Vista's Enterprise Zone, representing a total employment tax credit value of over $60 million for local businesses that consistently reinvest in capital improvements and additional employment In 2010, more than 118,000 EZ jobs were created or retained state-wide. The State does not provide data on the value of the local capital and lending credits invested through the Zone program. Proposed Regulatory Reform In 2011, Governor Jerry Brown proposed the elimination of the EZ program citing the program's ineffectiveness and the need for budget savings: In January 2013, under the direction of the Govemor, the Department of Housing & Community Development began the process to establish regulatory reforms to the program. These reforms would reduce the effectiveness of the program and are estimated to save the State General Fund over $300 million over the next five years. The presentation of these proposed savings have not reflected the General Fund revenue benefits produced by the Zone's successes or the affect the proposed "program reforms," would have on those revenues. The reforms are currently undergoing a 45-day Public Review Period. The review period ends February 28, 2013. The City has been asked by the League of California Cities to adopt a Resolution of Support for the EZ program. The HCD 20] 3 Enterprise Zone Administrative Reform Impact Statement (Attachment 1) provides details on the reforms that will have the greatest impact on the SDREZ. In general, the proposed reforms will make it harder for employers to document a job seekers' program eligibility. The proposed new audit and reporting guidelines will make it harder for the City and our partners to measure our program success, while failing to clearly define measurable goals and objectives. Furthermore, many of the State's proposed "progran7 reforms" would place more cost and time burdens on employers to 12-2 Item No.• F~ Meeting Date: 02/26/13 Page 3 of 4 collect data that other State Department's already collect rather than streamline the process to help employers create more quality jobs and invest in the infrastructure that facilitates those jobs. Conclusion: The City has had a significant increase in EZ program participation. The proposed regulatory reforms will have significant negative impacts on both businesses and their employees. The SDREZ is a special opportunity for the City to continue to implement economic development and job creation program incentives in areas within the region with significantly high levels of unemployment. The Zone targets employment program assistance to residents of low and moderate income census tract communities. Further, because economic development is regional in nature, continuing the collaborative relations with other local cities and the State to offer business incentives increases the South County region's ability to compete with other State's, create new jobs and increase investment in our County and State. The SDREZ program offers tremendous business incentives that assist existing employers and attracts new ones while targeting the employment needs of the region's most vulnerable unemployed including but not limited to; Veterans, dislocated workers, those receiving public assistance and disabled citizens. DECISION MAKER CONFLICT Staff has reviewed the property holdings of the City Council members and has found that Councilmembers Bensoussan, Salas and Ramirez have property holdings within 500 feet of the boundaries of the Enterprise Zone. However, this decision will also affect a significant segment of the population in the City (at least ten percent of residential property owners) in substantially the same manner. Accordingly, pursuant to California Code of Regulations Section 18707.1, the economic effect on the public official is considered indistinguishable from that of the public generally; thus, no disqualifying conflict exists. CURRENT YEAR FISCAL IMPACT The City of San Diego administers the SDREZ on behalf of the Partnership. In addition, Chula Vista Economic Development staff expends time marketing and promoting the program to local businesses. The Partners shared the administrative costs for San Diego's staff time required to administer the program, during this fiscal year. The Operating MOU requires the City to pay annually its proportionate share for the City of San Diego's administrative costs. The Economic Development Department's Fiscal Year 2012 budget includes $48,500 for its proportional share of the costs for the current program year. Staff is working on better data collection that accurately enumerates the State, regional acid local value that creating and maintaining 4,000 jobs and the additional local purchase of equipment contributes to the economy. 12-3 Item No.: 12 Meeting Date: 02/26/13 Page 4 of 4 ONGOING FISCAL IMPACT The operating agreement between the Partners requires re-examining the administrative costs of the program every five years. It is anticipated that the administrative costs to the City will be $30,000 per year starting in Fiscal Year 2013-14, thus reducing the impact to the City's General Fund in future years. The work done by Staff and Zone partners has increased the Zone hiring by 40% over the past two years. As referenced above, staff is working on collecting additional data that will enumerate the status on the Zone's goals and objectives. ATTACHMENTS 1. HCD 2013 Enterprise Zone Administrative Reform Impact Statement 2. Enterprise Zone Fact Sheet Prepared byc Craig Ruiz, Prirtci~al Economic Development Specialist, Administration /Economic Development Department 12-4 SAN DIEGO ZOC1L, ^ F2EGIQNAL C ENTERPRISE ZONE ~~j~-/MF~L'T .~ HCD 2013 Enterprise Zone Administrative Reform Impact Statement Reform: Elimination of income verification as supporting documentation for the Economically Disadvantaged Individual Category for the Enterprise Zone Hiring Credit The elimination of income verification to substantiate eligibility for the Economically Disadvantage Individual Category raises serious concerns. The elimination of income levels for determining employee eligibility for this category completely eliminates the "low income" as a stand-alone category. Revising the Economically Disadvantaged categories and documentation so that the only way to establish if an individual is from a low income household is by verifying the family receives some form of public assistance will eliminate the "working poor' from eligibility. Not all low income families receive public subsidies even though they may qualify, as such; the suggested reform removes an important "targeted disadvantaged group" from the EZ Program which is a significant workforce population in the San Diego region. In 2012, San Diego approved nearly 11,000 vouchers, of these, 10,163 were for TEA and 285 were for Economically Disadvantaged "low income", the second highest category of vouchers issued. SuRRested Revisions to the Reform: 1) Do not eliminate paychecks or income statements as an acceptable document to prove eligibility for the Economically Disadvantaged category. 2) Revise Enterprise Zone Hiring Tax Credit Income Verification Statement (Form: Voucher WS 10-07) to provide clear direction on how to determine "household low income" status and correct the conflicting section of the form, Section V, Table C, Part 5. 3) HCD to request that access to the HUD Enterprise Income Verification System is granted to Enterprise Zone Managers or Vouchering Agents. This system provides information on income and types of public subsidy for individuals. Agencies currently using this system include public housing agencies and workforce agencies. 4) Accept copy of federal or state income tax return for previous year as an acceptable form of documentation to determine household income levels. February 2013 Page 1 12-5 SAN DIEGd o zone REC31 O NAL ENTERPRISE ZONE Reform: One-Year Retroactivity Provision for Submitting Hiring Credit Voucher Applications The SDREZ Partnership is not opposed to limiting retroactivity. However, we recommend allowing Enterprize Zone (EZ) businesses 18 months to 24 months from the date of hire to submit Hiring Credit Voucher Applications for two reasons: A) Due to the fact that the Employment Development Department (EDD) processing time to provide of approval of a Work Opportunity Tax Credit (WOTC) certificate can at times take more than 12 months, it is not feasible for EZ employers to submit the required documentation for WOTC eligible employees within 12 months from the date of hire. The time for processing WOTC certificates is not controlled necessarily by EDD but due to numerous variables. B) Small and medium size businesses that do not contract with third party consultants to complete Hiring Credit Voucher Applications would be the most impacted by the limitation of one year. These businesses try to collect the required documentation, and submit the applications once a year in order to handle the day to day operations of running a business. SuPaested Revisions to the Reform: 1) Allow EZ businesses 18 months to 24 months from the date of hire to submit all Hiring Credit Voucher Applications. The suggested additional months would give small and medium size business owners/managers the time necessary to submit applications in a timely manner. 2) Make an exception for all applications for the WOTC category to be submitted One-year from the date the WOTC certificate is issued. Reform: Documentation for Eligibility of Targeted Employment Area (TEA) Category for the Enterprise Zone Hiring Credit The change to the TEA category eliminates the use of W-4's, I-9's, and lease or rental agreements as acceptable documents to determine residency. Acceptable forms of documentation include a driver's license or other local, State of Federal identification card issued within the past five (5) years, utility bill, mortgage statement, County property tax statement and credit card bill or statement. All of the acceptable forms of documentation are valid documents for individuals who live in a TEA and are property owners and or renters with utility accounts in their name. February 2013 Page 2 12-6 SAN DIEGQ o zone REGIONAL ENTERPRISE ZONE However for low income individuals who reside in a rented home or apartment with an extended family and share living expenses, do not have any utilities in the EZ employee's name, and do not have credit cards, proving residency with the limited documentation for TEA is problematic. There are numerous communities in the San Diego region where several families share a dwelling unit and living expenses in order to make ends meet. Several family members may no longer qualify due to the limited acceptable documentation. Additionally with the elimination of some documents, Economically Disadvantaged (low income) individuals who reside in a TEA and meet the above profile will not qualify under any category. These individuals will no longer qualify because: they do not have any of the acceptable documents to prove eligibility of TEA; and household income verification will no longer be acceptable to prove Economically Disadvantaged (low income). Sugeested Revision to the Reform: 1) Continue to accept W-4 and lease and rental agreements as acceptable forms of documentation to prove eligibility of TEA. Reform: Creation of Various Categories for Veterans for the Enterprise Zone Hiring Credit The reforms create several Veteran eligibility categories. For example, there is a proposed WIA Veteran Category, a Vietnam Veteran or veteran recently separated Category, and a sub- category called Active member of the armed forces or National Guard as of September 30, 1990 under the Dislocated Worker category. However, it appears that the documentation required as verification for the above categories is similar. Suggested Revision to Reform: 1) Group the Veteran categories in the same section of the new voucher regulations as one Veteran category with subcategories for each type of Veteran. List the acceptable documentation for all categories together, and list documentation unique to any subcategory withthatsubcategory. Reform: Auditing & Reporting Requirements The reforms propose regulations to outline how Zones are to be graded through an audit, establish a standard for Zone auditing, and ensure that each Biennial Report contains information that the Department needs to evaluate Zone progress and success. February 2013 Page 3 12-7 SAN DIEGO O zene REGIONAL. ENTERPRISE ZONE Having specific and uniform key measures for Zones to report biennially and performing standardized audits can justify the effectiveness and success of Enterprise Zones as an economic development tool in California. However, the data mandated by the reforms must be meaningful information, and the intended use of the data needs to be clarified. It is very important that the data HCD requests from Zones provides significant information to measure Zone performance, and is not information that does not provide value or contribute to adequately measure Zone performance. Suggested Revision to the Reform: Provide clarity in the reforms and the Initial Statement of Reasons on what performance measure and/or objective the data will support and help evaluate. Eliminate all requirements that clearly do not provide value to determine success of a Zone/Program or performance measure or objective. February 2013 Page 4 12-8 5AN DIEGO zone REGIONAL ENTERPRISE ZONE ~IlA c HM~~UT 2 A total of $1.7 billion worth of investment has been made in San Diego-area Enterprise Zones. More than 20,000 jobs have been generated, and hundreds of businesses have received expedited permit applications. Thousands nwre have received technical or ftnancial assistance. An Enterprise Zone is a geographically designated area in which businesses can receive substantial state tax breaks and other benefits. Enterprise Zones were created in California to stimulate business investments and to increase job opportunities in areas of high unemployment. San Diego is home to one of 42 Enterprise Zones statewide. San Diego Regional Enterprise Zone: Established in 2006, the One Zone is a regional economic development program incorporating portions of the City of San Diego, significant portions of the City of Chula Vista and the City of National City. Advantages of the Enterprise Zone Program are the tax savings and other incentives including: • Sales or Use Tax Credit: A tax credit against the purchase of new manufacturing, assembly, data processing or communications equipment equivalent to the amount of sales or use tax, or up to $1.55 million annually. • Hiring Credit: A tax credit on the wages to qualified new employees over afive-year period (up to 50 percent in the first year, 40 percent in the second year, etc.) This credit could exceed $37,000 per eligible employee. • Accelerated Depreciation Deduction: The option to accelerate depreciation on business property. A business may treat 40 percent of the cost of qualified property as a business l~l/f, expense in the first year it is placed into service for a maximum deduction of $20,000 per ~_+_!!~_~ year, whichever is smaller. `~""' CH L L1 VISIA • Net Interest Deduction for Lenders: Allows lenders a deduction on the net interest earned from loans made to Enterprise Zone businesses, including business loans, mortgages and loans from noncommercial sources. Other advantages include: ,„~ ~,,, ~„ s~~ ~,«p • No-costjob referral service used to find qualified employees whose wages can be claimed as tax credits. • Development permit expediting and assistance. oiv i • Tax savings for Enterprise Zone employees. n NATt eerY ~: ~.>>r .:_.. • Access to specialized technical and financial assistance programs. "'"~ ' 7^"' ~ Contact Craig Ruiz at crui~~ch~lavistac2.eo~~ or 619-691-5248 for further information nrt Uuifi of San I)icf,o ,Y RESOLUTION NO. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA IN SUPPORT OF THE CALIFORNIA ENTERPRISE ZONE PROGRAM WHEREAS, in 1992 the State of California approved the South Bay Enterprise Zone; and WHEREAS, in 2000 and again in 2004, the South Bay Enterprise Zone was expanded to include properties along the redevelopment area of the City of Chula Vista; and WHEREAS, on November 3, 2006 the State of California Housing and Community Development Department (Deparment) conditionally approved the new San Diego Regional Enterprise Zone (SDREZ) designation, within the cities of Chula Vista,_ S_an Diego and National City (Partnership); and WHEREAS, on April 3, 2012, the Department concluded that the Cities of Chula Vista, National City and San Diego satisfied all of the conditions required to obtain final designation for its conditionally approved Enterprise Zone. As a result, the Department granted final designation to the San Diego Regional Enterprise Zone, effective October I5, 2006; and WHEREAS, during the past three years, over 300 Chula Vista Enterprise Zone businesses hired and retained 3,500 local workers; and WHEREAS, the SDREZ has proven to provide a positive economic impact to the region by assisting 920 SDREZ companies hire and retain over 31,600 local workers over the past 5 years; and WHEREAS, of the over 31,000 workers, 4,100 of those employees hired or retained were Veterans, public-assistance recipients, ex-offenders, dislocated workers, and/or economically disadvantage individuals; and WHEREAS, Enterprise Zones create and retain jobs. According to the California Association of Enterprise Zones, in 2010, more than 118,000 jobs were created while California experienced unprecedented unemployment; and WHEREAS, California's Enterprise Zone program was established in 1984 by the Legislature to stimulate business investment in depressed areas of the State and create job opportunities fox Californians; and WHEREAS, according to the findings and declarations of the Enterprise Zone Act, it is in the economic interest of the State to have one strong, combined, and business-friendly incentive program to help attract business and industry to the State, to help retain and expand existing State business and industry, and to create increased job opportunities for all Californians; and 12-10 Resolution No. Page 2 WHEREAS, Enterprise Zones attract businesses to California and retain them. Once a zone is approved, businesses construct facilities, purchase equipment, hire workers and make other investments that contribute significantly to the local, regional and State economy; and WHEREAS, Enterprise Zones provide a geographically targeted economic development tool designed to improve poor and blighted neighborhoods. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, as follows: 1. The City of Chula Vista formally supports the positive benefits of the Enterprise Zone program in local communities and on a statewide economic level; and 2. The City of Chula authorizes its Council and city staff to communicate its support for Enterprise Zones and opposition to any proposal that would threaten their existence. Presented by James D. Sandoval City Manager Approved as to form by ~~~ />~/~ Glen R. Googins City Attorney 12-11