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RESOLUTION NO. 2026-R______
A
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CULVER CITY, CALIFORNIA, APPROVING AND
ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR
FISCAL YEAR 2026-2027.
W
HEREAS, 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 2026-2027; WHEREAS, the information necessary for establishing appropriations limit for fiscal year 2026-2027 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 2026-2027 is set forth in Exhibit “A,” attached hereto and incorporated herein.
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2. T he appropriations limit for fiscal year 2026-2027 is hereby established as $161,339,057 in accordance with Article XIII B of the State Constitution as more fully described in Exhibit "B", attached hereto and incorporated herein.
APPR
OVED and ADOPTED this _______ day of ______________, 2026.
F REDDY PUZA, Mayor
City of Culver City, California
A
TTEST: APPROVED AS TO FORM:
JEREMY BOCCHINO, City Clerk HEATHER BAKER, City Attorney
CITY OF CULVER CITY
EXHIBIT A
ANALYSIS OF EFFECT OF APPROPRIATIONS LIMIT ON ESTIMATED REVENUE FISCAL YEAR 2026-2027
Proposed Estimated Revenues for FY 2026-2027 396,163,671$ Less Estimated Revenues for
Enterprise Funds 67,267,046$
Internal Service Funds 30,998,513 (98,265,559)
Total Governmental Type Funds 297,898,112
Less Estimated Revenues not derived from
the Proceeds of Taxes (see Schedule I) (142,332,917)
Total Estimated Revenues derived from
the Proceeds of Taxes (see Schedule I) 155,565,195$
Less Voter Approved Indebtedness 0
Less Qualified Capital Outlay (27,486,084)
Less Federal Mandates:
PARS 94,056
FLSA-Fire 506,202 (600,258)
Estimated FY 2026-2027 Revenues subject to Appropriations Limit 127,478,853$ State Subvention pursuant to Government Code Section 7903 -$ Total Estimated Revenues subject to Appropriations Limit 127,478,853 Appropriations Limit FY 2026-2027 (Exhibit B) 161,339,057 Amount Under Limit 33,860,204$
CITY OF CULVER CITY
EXHIBIT B
2026-2027 APPROPRIATIONS LIMIT
1. FY 2025-2026 Appropriations Limit 153,944,972$
2. 2026-2027 Change in Per Capita Personal Income: 4.95%
3. 2026-2027 Change in Population: -0.14%
4. Ratio of Change: (1.0495 x 0.9986) 1.0480
5. FY 2026-2027 Appropriations Limit 161,339,057$
* Multiply FY 2025-2026 appropriations limit by the product of the percentage change in the California per capital personal income figure ([4.95 + 100]/100 = 1.0495) times the percentage change in the Culver City population ([-0.14 + 100]/100 = 0.9986) as provided by the Department of Finance.
CITY OF CULVER CITY
SCHEDULE I
ANALYSIS OF ESTIMATED REVENUES
FISCAL YEAR 2026-2027
PROCEEDS NON-TAX
OF TAXES PROCEEDS
REVENUE
GOVERNMENTAL TYPE FUNDS
GENERAL FUND
PROPERTY TAXES 17,727,400$ 0
OTHER TAXES:
Sales Tax 48,931,400 0
Public Safety Sales Tax 568,000 0
Transient Occupancy Tax 13,433,000 0
Franchise Tax 0 1,900,000$
Business License Tax 31,260,500 0
Cannabis Tax 404,000 0
Real Property Transfer Tax 9,000,000 0
Utility User Tax 20,698,000 0
Com/Ind Development Tax 600,000 0
TOTAL OTHER TAXES 124,894,900$ 1,900,000$
LICENSES AND PERMITS 0 5,127,490
FINES, FORFEITURES AND PENALTIES 0 6,625,000
USE OF MONEY AND PROPERTY 0 1,798,370
CHARGES FOR CURRENT SERVICE 0 12,678,906
INTER FUND/DEPARTMENTAL 0 20,631,255
INTERGOVERNMENTAL 8,830,000 0
OTHER REVENUE 0 2,335,850
TOTAL GENERAL FUND
BEFORE INTEREST 151,452,300$ 51,096,871$
PERCENT 74.8% 25.2%
INTEREST 4,112,895 1,387,605
TOTAL GENERAL FUND 155,565,195$ 52,484,476$
CITY OF CULVER CITY
SCHEDULE I
ANALYSIS OF ESTIMATED REVENUES
FISCAL YEAR 2026-2027
PROCEEDS NON-TAX
OF TAXES PROCEEDS
AQMD FUND 0 50,000
PARATRANSIT FUND 0 1,346,725$
BUILDING SURCHARGE FUND 0 400,000
ART IN PUBLIC PLACES 0 529,000
GRANTS OPERATING FUND 0 1,186,778
PROP A LOCAL RETURN 0 1,069,007
ASSET SEIZURE 0 10,000
NEW DEVELOPMENT IMPACT FUND 0 -
SPECIAL GAS FUND 0 2,266,561
PARK FACILITIES 0 100,000
CAPITAL IMPROVEMENT AND ACQUISITION 0 656,000
CAPITAL GRANTS 0 17,808,513
PROP C LOCAL RETURN 0 889,589
SPECIAL ASSESSMENT DISTRICTS 0 205,258
SECTION 8 FUND 0 1,441,830
CDBG BLOCK GRANT FUNDS 0 180,662
MEASURE R FUNDS 0 678,191
CC SAFE/CLEAN WATER PROTECTION 0 2,133,000
MEASURE M FUNDS 0 765,950
MOBILITY IMPROVEMENT FUND 0 600,000
LA COUNTY MEASURE W FUNDS 0 1,849,633
PARKING AUTHORITY 0 4,773,112
CC HOUSING AUTHORITY 0 5,150,000
SUCCESSOR AGENCY 0 5,858,632
CC PUBLIC FINANCE AUTHORITY 0 39,900,000
GRAND TOTAL 155,565,195$ 142,332,917$