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HomeMy WebLinkAboutReso 2013-109RESOLUTION NO. 2013-109 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 2013/2014 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" are 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/charges and federal grants aze considered "Non-Proceeds of Taxes" and aze 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 necessary for local jurisdictions to establish their appropriation limit; and WHEREAS, according to these sources, for purposes of the Fiscal Year 2013/2014 calculation, the population increased 1.39% and new non-residential construction increased by- 1.37%; and WHEREAS, California per capita personal income increased by 5.12%; 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 Yeaz 2013/2014 Appropriation Limit has been calculated to be $710,187,628; and WHEREAS, the "Proceeds of Taxes" as included in the Fiscal Yeaz 2013/2014 Proposed Budget that are subject to the appropriations limit are estimated to be $80,465,230; and WHEREAS, the City has what is referred to as an appropriation "gap" of $629,722,398 ($710,187,628 - $80,465,230); and Resolution No. 2013-109 Page No. 2 WHEREAS, this means that the City could collect and spend up to $629,722,398 more in taxes during Fiscal Year 2013/2014 without exceeding the Constitutional limit. NOW, THEREFORE, BE IT RESOLVED that the City Counci] of the City of Chula Vista does hereby establish an appropriations limit of $710,187,628 for Fiscal Year 2013/2014 pursuant to the requirements of Article XIIIB of the California Constitution. Presented by Mari Kachadoorian Director of Finance/Treasurer Approved as to form by en R. ogins ` C Att ey PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 1 lth day of June 2013 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, Ramirez, Salas and Cox NAYS: ABSENT: ATTEST: ~--~ Donna R. Norris, C, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA 1 i0~ Cheryl Coy Ma}. r I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2013-109 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 11th day of June 2013. Executed this 11th day of June 2013. Councilmembers: None Councilmembers: None Donna R. Norris, CMC, City Clerk