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HomeMy WebLinkAboutReso 2022-139 DocuSign Envelope ID:26CEA832-416F-45AA-BD37-277D8814C694 RESOLUTION NO. 2022-139 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 2022/23 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 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 necessary for local jurisdictions to establish their appropriation limit; and WHEREAS, according to these sources, for purposes of the Fiscal Year 2022/23 calculation, the population decreased 0.05 %; and WHEREAS, California per capita personal income increased by 7.55% and new non- residential construction increased by 2.16% and; consequently per capita personal income change was used in the formula to compute the limit since this increase is the greater of the two amounts; and WHEREAS, the Fiscal Year 2022/23 Appropriation Limit has been calculated to be $1,225,401,274; and WHEREAS, the "Proceeds of Taxes" as included in the Fiscal Year 2022/23 Proposed Budget that are subject to the appropriations limit are estimated to be $148,997,068; and WHEREAS, the City has what is referred to as an appropriation "gap" of$1,076,404,206 ($1,225,401,274 148,997,068); and DocuSign Envelope ID:26CEA832-416F-45AA-BD37-277D8814C694 Resolution No. 2022-139 Page No. 2 WHEREAS, this means that the City could collect and spend up to $1,076,404,206 more in taxes during Fiscal Year 2022/23 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 $1,225,401,274 for Fiscal Year 2022/23 pursuant to the requirements of Article XIIIB of the California Constitution and California Government Code section 7910. [SIGNATURES ON THE FOLLOWING PAGE] DocuSign Envelope ID:26CEA832-416F-45AA-BD37-277D8814C694 Resolution No. 2022-139 Page No. 3 Presented by Approved as to form by DocuSigned Sign by: DocuSigned by: E,CF406508504 Sign4CE6401... 44!F... Sarah Schoen Glen R. Googins Director of Finance/Treasurer City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 14th day of June 2022 by the following vote: AYES: Councilmembers: Cardenas, McCann, Padilla, and Casillas Salas NAYS: Councilmembers: None ABSENT: Councilmembers: Galvez DocuSigned by: �/f 062BFD7C0386456... Mary Casillas Salas, Mayor ATTEST: DocuSigned by: c E,,30746104EAF342E... Kerry K. Bigelow, MMC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) 1, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2022-139 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 14th day of June 2022. Executed this 14th day of June 2022. DocuSigned by: nman naFAF342F Kerry K. Bigelow, MMC, City Clerk