Loading...
HomeMy WebLinkAboutReso 2011-097RESOLUTION NO. 2011-097 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ESTABLISHING THE APPROPRIATIONS LIMIT FOR THE CITY OF CHULA VISTA FOR FISCAL YEAR 2011/2012 WHEREAS, Article XIIIB of the Califomia 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 Califomia 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 2011/2012 calculation, the population increased 0.90% and new non-residential construction decreased by - 5.62%; and WHEREAS, California per capita personal income increased by 2.51%, 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 2011/2012 Appropriation Limit has been calculated to be $602,428,072; and WHEREAS, the "Proceeds of Taxes" as included in the Fiscal Year 2011/2012 Proposed Budget that are subject to the appropriations limit are estimated to be $76,394,997; and WHEREAS, the City has what is referred to as an appropriation "gap" of $526,033,075 ($602,428,072 - $76,394,997); and Resolution No. 2011-097 Page 2 WHEREAS, this means that the City could collect and spend up to $526,033,075 more in taxes during Fiscal Year 2011/2012 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 $602,428,072 for Fiscal Year 2011/2012. Presented by Maria achadoonan Director of Finance/Treasurer Approved as to form by len R. ogins' C rney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 7th day of June 2011 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, Castaneda, Ramirez and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None ATTEST: ~ "l, Donna R. Norris, CMC, C Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ~~z~~. Cheryl Cox, ayo I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2011-097 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 7th day of June 2011. Executed this 7th day of June 2011. b Donna R. Norris, C, City Clerk