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RESOLUTION NO. 2025-R______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CULVER CITY, CALIFORNIA, APPROVING AND
ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR
FISCAL YEAR 2025-2026.
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 2025-2026; WHEREAS, the information necessary for establishing appropriations limit for fiscal year 2025-2026 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:
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1. The analysis of the effect of the appropriations limit on estimated revenue for fiscal year 2025-2026 is set forth in Exhibit “A,” attached hereto and incorporated herein.
2. The appropriations limit for fiscal year 2025-2026 is hereby established as $153,944,972 in accordance with Article XIII B of the State Constitution as more fully described in Exhibit "B", attached hereto and incorporated herein.
APPROVED and ADOPTED this _______ day of ______________, 2025.
Dan O’Brien, Mayor
City of Culver City, California
ATTEST: APPROVED AS TO FORM:
JEREMY BOCCHINO, City Clerk HEATHER BAKER, City Attorney
CITY OF CULVER CITY
EXHIBIT A
ANALYSIS OF EFFECT OF APPROPRIATIONS LIMIT ON ESTIMATED REVENUE FISCAL YEAR 2025-2026
Proposed Estimated Revenues for FY 2025-2026 314,526,506$ Less Estimated Revenues for
Enterprise Funds 71,875,755$
Internal Service Funds 34,059,872 (105,935,627)
Total Governmental Type Funds 208,590,879
Less Estimated Revenues not derived from
the Proceeds of Taxes (see Schedule I) (70,939,370)
Total Estimated Revenues derived from
the Proceeds of Taxes (see Schedule I) 137,651,509$
Less Voter Approved Indebtedness 0
Less Qualified Capital Outlay (9,865,917)
Less Federal Mandates:
PARS 108,256
FLSA-Fire 506,202 (614,458)
Estimated FY 2025-2026 Revenues subject to Appropriations Limit 127,171,134$ State Subvention pursuant to Government Code Section 7903 -$ Total Estimated Revenues subject to Appropriations Limit 127,171,134 Appropriations Limit FY 2025-2026 (Exhibit B) 153,944,972 Amount Under Limit 26,773,838$
CITY OF CULVER CITY
EXHIBIT B
2025-2026 APPROPRIATIONS LIMIT
1. FY 2024-2025 Appropriations Limit 144,399,712$
2. 2025-2026 Change in Per Capita Personal Income: 6.44%
3. 2024-2025 Change in Population: 0.16%
4. Ratio of Change: (1.0644 x 1.0016)* 1.06610
5. FY 2025-2026 Appropriations Limit 153,944,972$
* Multiply FY 2024-2025 appropriations limit by the product of the percentage change in the California per capital personal income figure ([6.44 + 100]/100 = 1.0644) times the percentage change in the Culver City population ([0.16 + 100]/100 = 1.0016) as provided by the Department of Finance.
CITY OF CULVER CITY
SCHEDULE I
ANALYSIS OF ESTIMATED REVENUES
FISCAL YEAR 2025-2026
PROCEEDS NON-TAX
OF TAXES PROCEEDS
REVENUE
GOVERNMENTAL TYPE FUNDS
GENERAL FUND
PROPERTY TAXES 17,045,919$ 0
OTHER TAXES:
Sales Tax 41,246,836 0
Public Safety Sales Tax 555,000 0
Transient Occupancy Tax 13,300,000 0
Franchise Tax 0 1,900,000$
Business License Tax 29,350,000 0
Cannabis Tax 610,000 0
Real Property Transfer Tax 6,000,000 0
Utility User Tax 17,807,853 0
Com/Ind Development Tax 500,000 0
TOTAL OTHER TAXES 109,369,689$ 1,900,000$
LICENSES AND PERMITS 0 3,087,280
FINES, FORFEITURES AND PENALTIES 0 6,090,500
USE OF MONEY AND PROPERTY 0 1,796,370
CHARGES FOR CURRENT SERVICE 0 11,563,479
INTER FUND/DEPARTMENTAL 0 11,743,325
INTERGOVERNMENTAL 8,445,247 0
OTHER REVENUE 0 2,955,600
TOTAL GENERAL FUND
BEFORE INTEREST 134,860,855$ 39,136,554$
PERCENT 77.5% 22.5%
INTEREST 2,790,654 809,846
TOTAL GENERAL FUND 137,651,509$ 39,946,400$
CITY OF CULVER CITY
SCHEDULE I
ANALYSIS OF ESTIMATED REVENUES
FISCAL YEAR 2025-2026
PROCEEDS NON-TAX
OF TAXES PROCEEDS
PARATRANSIT FUND 0 1,166,412$
GRANTS OPERATING FUND 0 2,445,424
BUILDING SURCHARGE FUND 0 553,800
SECTION 8 FUND 0 1,343,400
PROP A LOCAL RETURN 0 1,051,211
PROP C LOCAL RETURN 0 874,828
ASSET SEIZURE 0 10,000
SPECIAL GAS FUND 0 2,248,231
NEW DEVELOPMENT IMPACT FUND 0 -
PARK FACILITIES 0 100,000
CAPITAL IMPROVEMENT AND ACQUISITION 0 5,371,000
CAPITAL GRANTS 0 -
CDBG BLOCK GRANT FUNDS 0 27,323
ART IN PUBLIC PLACES 0 529,000
SPECIAL ASSESSMENT DISTRICTS 0 144,532
PARKING AUTHORITY 0 4,567,652
CC SAFE/CLEAN WATER PROTECTION 0 2,133,000
AQMD FUND 0 50,000
MOBILITY IMPROVEMENT FUND 0 600,000
SUCCESSOR AGENCY 0 5,858,632
MEASURE R FUNDS 0 647,121
MEASURE M FUNDS 0 741,404
LA COUNTY MEASURE W FUNDS 0 530,000
AFFORDABLE HOUSING DIF 0 -
GRAND TOTAL 137,651,509$ 70,939,370$