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Resolution Adopting the Inflation and City Population 11-2013.pdf

Resolution Adopting the Inflation and City Population 11-2013.pdf

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Published by L. A. Paterson
Carmel City Council Agenda Item
Carmel City Council Agenda Item

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Published by: L. A. Paterson on Nov 05, 2013
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11/05/2013

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91
To: From: Submitted by: Subject:
CITY
OF
CARMEL-BY-THE-SEA
Council Report November
5
2013 Honorable
Mayor
and Members
of
the
City Council Jason Stilwell, City Administrator
Susan
Paul, Administrative Services Director Consideration
of
a Resolution Adopting
the
Inflation and City Population
as
the
Factors
for the
Purpose
of
Determining the City's
Fiscal
Year 2013-14 Gann Limit, and Accepting
the
Calculated Gann Limit.
Recommendation s):
t
is
recommended
that the
City Council
adopt
the
Resolution.
Executive Summary:
In
November, 1979,
the
California electorate adopted Proposition 4 which was codified
into the
California Constitution
as
Article
XIII
B and provided
for
the
establishment
of
a maximum appropriation
limit
for
California, and its cities and districts, commonly called
the
Gann Limit. This
limit
acts
as
a maximum
limit
that
a city
or
district may spend in a given fiscal year. This Resolution adopts
the
factors
that
are used in calculating this limit, accepts
the
calculated limit, and declares
that
the
fiscal year 2013-14 appropriations
do
not
exceed this calculated limit.
Analysis Discussion:
Article
XIII
B does three key things. Specifically,
it
: Places annual limits (or ceilings) on
the
appropriations
of
tax proceeds
that
can
be made by
the
state, school districts, and local governments in California. These limits are based on
the
amount
of
appropriations in
the
1978-79 base year,
as
adjusted each year
for
population
growth
and cost-of-living factors. Precludes state and local governments from retaining any excess revenues {that
is
revenues above each jurisdiction's state appropriations limit). Requires
the
state
to
reimburse local governments
for the
cost
of
certain state mandates.
Each
year,
the
State
of
California calculates and forwards
to
us
the
two
factors related
to
local population
growth
and statewide inflation, which
staff
used
to
calculate
the
appropriations
limit
(attached).
1
 
92
Gann Limit
Staff
Report
ovember
5,
2 13
Page
For fiscal year 2013-14,
we
expect
to
realize 14,278,618 in tax revenue, and based on
our
calculated appropriation
limit
of
27,142,183, we are under
the
maximum limit.
iscal
Impact:
None.
Budgeted yes/no)
Not
applicable
Previous Council Action/Decision History: Funding Source general fund, grant, state)
Not
applicable This calculation and approval
is
an annual exercise normally carried
out
at
the
same
time
as
the
budget process. The City has always been under
the
calculated
limit
.
Attachment:
Resolution
Reviewed
City Admi
nistrator
City
ttorney
D
Administrative Services
D
Asst. City Admin.
D
Dir
of
CP
D
Dir
of
Public
Svcs
D
Public Safety Dir
D
Library Dir
D
Other
D
City Engineer
D
2
 
 9   3  
Carmel-by-the-Sea
Gann Limit Calculation
FYE 6/30/2014
Population Inflation
All
Property
Tax
Property
Tax
Property
Tax -
Property
Tax-Sales
&
Use
Business
VLF
TOT
Factor Factor
Taxes Secured Unsecured Unila :X
Transfer
Tax License Tax Tax
15,741,192 2001-02 1.
73
7.82 1.0969 17,266,514 2002-03 1.35
-1
.27 1.
0006
17,276,873 2003-04 1.11 2.
31
1.0345 17,872,926 2004-05 1.56 3.28 1.0489 18,746,912 8,981,670 2,724,900 114,000
-
 
115
,000 1,845,000 460,
000
45,770 3,677,000 2005-06 1.015 1.0526 1.0684 20,029,200 2006-07 1.0121 1.
0396
1.0522 21,074,
725
10,115,000 3,050,0
00
130,000
30
,
000
230,000 2,050,000 520,000 305,000 3,800,000 2007-08 1.
0067
1.0442 1.0512 22,153,
751 11
,
105
,200 3,
415
,
604
147,960 32,436 204,000 2,217,
000
555,400 312,800 4,220,
000
2008-09 1.01
56
1.
0429
1.0592
23
,465,
253
11,
282
,220 3,599,500 140,
000
39,500
113
,
000
2,164,000 630,
000 335
,580 4,260,
640
2009-10 1.0
145
1.0062 1.0208 23,953,330 10,542,099 3,869,050 153,577 39,602 126,665 1,619,968 550,666 352,139 3,830,432 2010-11 1.
0137
0.9746 0.988 23,665,890
10
,721,568 3,824,941 156,577 39,849 136,422 1,805,510
526
,251 353,246 3,
878
,772 2011-
12
1.0059 1.
02
51
1.0311 24,401,899 11,152,661 4,264,610 150,546
22 514
129,890 1,722,6
59
514
,
37
4 170,338 4,177,730 2012-13 1.007 1.0377 1.045 25,
499
,984 12,356,
09
1 4,215,825 174,669
44 529
193,035 2,251.453
560
,376 297,067 4,
619
,137 2013-14 1.00512 1.059 1.
0644
27
 1
42
.183
$
14
,278,618 4,333,090
172
,533 41,611 162,384 4,226,000 497,000
-
 
4,846.000

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