1 2
3 4
5 6
7 8
9 10
11 12
13 14
15 16
17 18
19 20
21 22
23 24
25 26
27 28
30 31
32 33
RESOLUTION NO. 2022-R______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CULVER CITY, CALIFORNIA, APPROVING AND
ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR
FISCAL YEAR 2022/2023.
WHEREAS, the voters of California on November 6, 1979, added Article XIIIB to the State Constitution placing various limitations on the appropriations of the State and local governments;
WHEREAS, Article XIIIB, as amended by Proposition III, provides that the appropriations limit for the fiscal year 1990/1991, and years thereafter, is calculated by adjusting the base year appropriations of fiscal year 1986/1987 for the changes in the cost of living and City population;
WHEREAS, the City of Culver City has complied with all of the provisions of Article XIII B as amended in determining the appropriations limit for fiscal year 2022/2023; WHEREAS, the information necessary for establishing appropriations limit for fiscal year 2022/2023 is attached in Exhibits "A" and “B,” which are incorporated herein by this reference as though set forth in full.
NOW, THEREFORE, the City Council of the City of Culver City, California, DOES HEREBY RESOLVE as follows:
1. The analysis of the effect of the appropriations limit on estimated revenue for fiscal year 2022/2023 is set forth in Exhibit “A,” attached hereto and incorporated herein.
/ / /
/ / /
/ / /
1 2
3 4
5 6
7 8
9 10
11 12
13 14
15 16
17 18
19 20
21 22
23 24
25 26
27 28
30 31
32 33
2. The appropriations limit for fiscal year 2022/2023 is hereby established as $133,226,228 in accordance with Article XIII B of the State Constitution as more fully described in Exhibit "B", attached hereto and incorporated herein.
APPROVED and ADOPTED this _______ day of ______________, 2022.
DR. DANIEL LEE, Mayor
City of Culver City, California
ATTEST: APPROVED AS TO FORM:
JEREMY BOCCHINO, City Clerk HEATHER BAKER, City Attorney
CITY OF CULVER CITY
EXHIBIT A
ANALYSIS OF EFFECT OF APPROPRIATIONS LIMIT ON ESTIMATED REVENUE FISCAL YEAR 2022-2023
Proposed Estimated Revenues for FY 2022-2023 292,320,768$ Less Estimated Revenues for
Enterprise Funds 70,961,467$
Internal Service Funds 26,470,552 (97,432,019)
Total Governmental Type Funds 194,888,749
Less Estimated Revenues not derived from
the Proceeds of Taxes (see Schedule I) (81,177,591)
Total Estimated Revenues derived from
the Proceeds of Taxes (see Schedule I) 113,711,158$
Less Voter Approved Indebtedness 0
Less Qualified Capital Outlay (8,968,757)
Less Federal Mandates:
PARS 100,053
FLSA-Fire 506,652 (606,705)
Estimated Revenues subject to Appropriations Limit 104,135,696$ Appropriations Limit FY 2022-2023 (Exhibit B) 133,226,228 Amount Under Limit 29,090,532$
CITY OF CULVER CITY
EXHIBIT B
2022-2023 APPROPRIATIONS LIMIT
1. FY 2021-2022 Appropriations Limit 124,471,221$
2. 2022-2023 Change in Per Capita Personal Income: 7.55%
3. 2022-2023 Change in Population: -0.48%
4. Ratio of Change: (1.0755 x 0.9952)* 1.07034
5. FY 2022-2023 Appropriations Limit 133,226,228$
* Multiply FY 2021-2022 appropriations limit by the product of the percentage change in the California per capital personal income figure ([7.55 + 100]/100 = 1.0755) times the percentage change in the Culver City population ([-0.48 + 100]/100 = 0.9952) as provided by the Department of Finance.
CITY OF CULVER CITY
SCHEDULE I
ANALYSIS OF ESTIMATED REVENUES
FISCAL YEAR 2022-2023
PROCEEDS NON-PROCEEDS
OF TAXES OF TAXES
REVENUE
GOVERNMENTAL TYPE FUNDS
GENERAL FUND
PROPERTY TAXES 11,543,711$ 0
OTHER TAXES:
Sales Tax 42,150,257 0
Public Safety Sales Tax 480,000 0
Transient Occupancy Tax 8,000,000 0
Franchise Tax 0 1,500,000$
Business License Tax 13,925,000 0
Cannabis Tax 2,100,000 0
Real Property Transfer Tax 14,300,000 0
Utility User Tax 13,414,320 0
Com/Ind Development Tax 500,000 0
TOTAL OTHER TAXES 94,869,577$ 1,500,000$
LICENSES AND PERMITS 0 5,345,500
FINES, FORFEITURES AND PENALTIES 0 3,065,500
USE OF MONEY AND PROPERTY 0 1,685,286
CHARGES FOR CURRENT SERVICE 0 9,552,007
INTER FUND/DEPARTMENTAL 0 9,824,339
INTERGOVERNMENTAL 6,869,184 0
OTHER REVENUE 0 1,085,295
TOTAL GENERAL FUND
BEFORE INTEREST 113,282,472$ 32,057,927$
PERCENT 77.9% 22.1%
INTEREST 428,686 121,314
TOTAL GENERAL FUND 113,711,158$ 32,179,241$
CITY OF CULVER CITY
SCHEDULE I
ANALYSIS OF ESTIMATED REVENUES
FISCAL YEAR 2022-2023
PROCEEDS NON-PROCEEDS
OF TAXES OF TAXES
PARATRANSIT FUND 0 342,808$
GRANTS OPERATING FUND 0 1,333,624
BUILDING SURCHARGE FUND 0 311,000
SECTION 8 FUND 0 1,343,400
PROP A LOCAL RETURN 0 982,114
PROP C LOCAL RETURN 0 817,514
ASSET SEIZURE 0 10,000
SPECIAL GAS FUND 0 1,859,895
NEW DEVELOPMENT IMPACT FUND 0 52,100
PARK FACILITIES 0 57,000
CAPITAL IMPROVEMENT AND ACQUISITION 0 5,004,643
CAPITAL GRANTS 0 202,505
CDBG BLOCK GRANT FUNDS 0 200,000
ART IN PUBLIC PLACES 0 579,000
SPECIAL ASSESSMENT DISTRICTS 0 92,570
PARKING AUTHORITY 0 4,306,149
CC SAFE/CLEAN WATER PROTECTION 0 2,133,000
AQMD FUND 0 10,000
BSCC-YOUTH REINVESTMENT GRANT 0 -
MOBILITY IMPROVEMENT FUND 0 4,738,000
HOUSING AUTHORITY 0 4,996,277
COOP UNRESTRICTED - COMM DEV 0 1,106,047
SUCCESSOR AGENCY 0 17,223,882
MEASURE R FUNDS 0 604,135
MEASURE M FUNDS 0 692,687
GRAND TOTAL 113,711,158$ 81,177,591$