RESOLUTION NO. 2023-XXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FULLERTON,
CALIFORNIA, ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 2023- 24 PURSUANT TO ARTICLE XIII B OF THE
CALIFORNIA STATE CONSTITUTION
WHEREAS, the voters of the State of California, on Nove mber 6, 1979, added Article XIII B to the State Constitution placing various limitations on the appropriations of state and local governments; and
WHEREAS, the voters of the State of California, on June 5, 1990, amended Article XIII B by approving Proposition 111; and
WHEREAS, pursuant to Article XIII B of t he State Constitution, the City of Fullerton calculates the appropriations limit by adjus ting the Fiscal Year 2022-23 appropriations limit for annual changes in the cost of living and population growth.
WHEREAS, the City utilized the City’s growth factor to calculate the appropriations limit for Fiscal Year 2023-24; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Fullerton that the appropriations limit in Fiscal Year 2023-24 shall be $263,644,153 which is $171,532,777 less than the limit.
ADOPTED BY THE FULLERTON CITY COUNCIL on June 6, 2023.
____________________ _____________
Fred Jung, Mayor
ATTEST:
_______________________________
Lucinda Williams, City Clerk
WORKSHEET #1
GANN APPROPRIATIONS LIMIT
CALCULATION OF PROCEEDS OF TAXES
FOR FISCAL YEAR 2023-24
Proceeds Nonproceeds
Revenue of Taxes of Taxes Total
Taxes:
Property Taxes $54,729,696 54,729,696
Other Than Property 37,137,081 $151,521 * 37,288,602
Revenue from Other Agencies
User Fees
Charges for Current Services 6,865,152 6,865,152
Parks & Recreation Fees 484,425 484,425
Library Fees 157,200 157,200
Paramedic Fees 5,038,159 5,038,159
Sanitation Fees 7,200,000 7,200,000
Sewer & Drainage Fees 800,000 800,000
Park Dwelling Fees 3,161,260 3,161,260
Other Nonproceeds of Taxes:
Fines & Penalties:
Court Fines & Admin. Citation 1,630,100 1,630,100
Library Fines 4,100 4,100
Motor Vehicle Fines (Traffic Safety Fund) 200,000 200,000 Licenses & Permits 2,464,846 2,464,846
Revenue from Use of Money & Property:
Rents & Leases 4,130,915 4,130,915
General Concessions 83,587 83,587
Prisoners' Welfare 1,000 1,000
R-O-W Impact Fee 383,260 383,260
Franchises 4,300,000 4,300,000
Franchises -PEG 200,000 200,000
Revenue from Other Agencies 671,725 671,725
Grants 2,749,216 2,749,216
CDBG 2,043,423 2,043,423
Asset Seizure 375,679 375,679
SLES 300,000 300,000
Motor Vehicle Air Quality Fees 181,000 181,000
Measure M Funds 3,725,398 3,725,398
Gas Tax 7,686,092 7,686,092
Miscellaneous Revenues: 513,196 513,196
Debt Service Reserve Fund (excl. Int. Inc.) 0
Capital Projects Fund (excl. Int. Inc.) 571,610 571,610 Subtotal (for Worksheet #2) 91,866,777 56,072,864 147,939,641 Interest Earnings (from Worksheet #2) 244,598 1,996,896 2,241,494 Total Revenue (use for Worksheet #3) $92,111,376 $58,069,760 $150,181,135 * 13 percent of Business Registration Tax is user fee.
WORKSHEET #2
Amount Source
A. Noninterest Tax Proceeds $91,866,777 Worksheet #1
B. Minus Exclusions 0 Worksheet #6
C. Net Invested Taxes 91,866,777 A - B
D. Total Noninterest Budget 147,939,641 Worksheet #1
Less Revenues that Allocate
Interest to Separate Fund:
Air Quality Improvement (Fund 22) (181,000)
Measure M2 (Fund 25) (3,725,398)
Gas Tax (Fund 30) (7,686,092)
Supplemental Law Enforcement Services (Fund 33) (300,000) Asset Seizure (Fund 34) (375,679)
Debt Service Reserve 0
Capital Projects - N/A - Interest on 98 Bond/Fin. System 0 Total Adjusted Noninterest Budget 135,671,472
E. Tax Proceeds as Percent of Budget 67.713% C / D
F. Interest Earnings 361,230 10,13,15-4410
G. Amount of Interest Earned from Taxes 244,598 E * F H. Amount of Interest Earned from Nontaxes:
From Above 116,632 F - G
From Air Quality Impr. Fund 15,600 22-4410
From Sanitation Fund 58,136 23-4410
From Measure M2 Fund 72,925 25-4410
From Housing Fund 275,350 26-4410
From FTV Cable-PEG Access Fund 16,015 27-4410
From SB1 Road Maintenance & Rehabilitation Fund 81,816 29-4410 From Gas Tax Fund 61,020 30-4410
From Supplemental Law Enforcement Fund 0 33-4410
From Asset Seizure Fund 10,679 34-4410
From Drainage Capital 93,795 36-4410
From ARPA 0 38-4410
From Park Dwelling Fund 94,928 39-4410
From Debt Service Reserve Fund 0 58-4410
From Liability Insurance Fund 350,000 62-4410
From Vehicle Replacement Fund 80,000 64-4410
From Worker's Compensation Fund 450,000 65-4410
From Group Insurance Fund 25,000 66-4410
From Equipment Maintenance Fund 80,000 67-4410
From Information Technology Fund 45,000 68-4410
From Building Maintenance Fund 20,000 69-4410
From Facility Capital Repair Fund 50,000 70-4410
From Capital Projects Fund 0 74-4410
Total Amount of Interest Earned from Nontaxes $1,996,896
GANN APPROPRIATIONS LIMIT
INTEREST EARNINGS PRODUCED BY TAXES
FOR FISCAL YEAR 2023-24
WORKSHEET #3
Amount Source
A. Proceeds of Taxes $92,111,376 Worksheet #1
B. Exclusions 0
C. Appropriations Subject to Limitation 92,111,376 A - B D. Current Year Limit 263,644,153 Worksheet #4
E. Over (Under) Limit ($171,532,777) C - D
GANN APPROPRIATIONS LIMIT
APPROPRIATIONS SUBJECT TO LIMITATION
FOR FISCAL YEAR 2023-24
WORKSHEET #4
A. Appropriation Limit for 2022-23 $252,688,683
B. Adjustment Factors
Change in Per Capita Cost of Living 1.044400
Change in Population 0.999000
C. Annual Adjustment 1.0434
D. Appropriation Limit for 2023-24 $263,644,153
GANN APPROPRIATIONS LIMIT
CALCULATION OF APPROPRIATION LIMIT
FOR FISCAL YEAR 2023-24