2 Resolution No. CSD 2024-
Date Adopted: June 4, 2024
RESOLUTION NO. CSD 2024-
A
RESOLUTION OF THE MORENO VALLEY
COMMUNITY SERVICES DISTRICT ESTABLISHING THE
APPROPRIATIONS LIMIT FOR FISCAL YEAR 2024/25
W
HEREAS, Article XIIIB of the California Constitution and Section 7910 of the California Government Code require that each year the Moreno Valley Community Services District (District) shall by resolution, establish an appropriations limit for the District for the following fiscal year; and
W
HEREAS, the City Council, acting in its capacity as the Board of Directors of the District, has adopted the Budget for Fiscal Year 2024/25 a copy of which is on file in the Office of the City Clerk and is available for public inspection; and W
HEREAS, the said budget contains the estimates of the services, activities and projects comprising the budget, and contains expenditure requirements and the resources available to the District; and
W
HEREAS, the District’s Financial & Management Services Department has heretofore prepared and submitted data and documentation required for and to be used in the determination of certain matters and for the establishment of an appropriations limit for the District for Fiscal Year 2024/25 and such data and documentation has been available to the public for at least fifteen days prior to adoption of this Resolution; and
W
HEREAS, the City Council, acting in its capacity as the Board of Directors of the District, has elected to use the annual change in the Per Capita Personal Income as the cost of living factor; and
W
HEREAS, the City Council, acting in its capacity as the Board of Directors of the District, has considered pertinent data and documentation and made such determinations as may be required by law, and has adopted this Resolution at a regularly scheduled meeting of the Board of Directors of the District.
NO
W, THEREFORE, THE BOARD OF DIRECTORS OF THE MORENO
VALLEY COMMUNITY SERVICES DISTRICT DOES HEREBY RESOLVE AS FOLLOWS:
1. That the appropriations limit for the Moreno Valley Community Services District for Fiscal Year 202 4/25 is hereby established at $2 7,715,281 and the total annual appropriations subject to such limitation for Fiscal Year 2024/25 is estimated to be $13,531,133.
2 Resolution No. CSD 2024-
Date Adopted: June 4, 2024
2. The District’s Board of Directors hereby adopts the findings and methods of calculations set forth in Exhibit A, the Proceeds of Tax Calculation, Exhibit B, the Appropriation (Gann) Limit Calculation, and Exhibit C, the Summary of Annual Appropriation (Gann) Limits. To the extent permitted by applicable law, the District reserves the right to change or revise any gross factors associated with the calculation of the limit established pursuant to Article XIIIB of the California Constitution if such changes or revisions would result in a more advantageous appropriations limit in the present or future.
3. Pursuant to Section 53901 of the California Government Code, by no later than August 30, 2024, the City Clerk, acting in the capacity of Secretary of the Moreno Valley Community Services District, shall file a copy of this Resolution with the Auditor of the County of Riverside.
4. Within fifteen days after the adoption of this Resolution, the City Clerk, acting in the capacity of Secretary of the Moreno Valley Community Services District, shall certify to the adoption thereof and, as so certified, cause a copy to be posted in at least three public places within the City.
BE IT FURTHER RESOLVED that this Resolution shall take effect immediately upon the date of its adoption.
APPROVED AND ADOPTED this 4th day of June, 2024.
Mayor of the City of Moreno Valley,
Acting in the capacity of President of the
Moreno Valley Community Services District
ATTEST:
City Clerk, acting in the capacity of
Secretary of the Moreno Valley
Community Services District
APPROVED AS TO FORM:
City Attorney, acting in the
capacity of General Counsel of
the Moreno Valley Community
Services District
3 Resolution No. CSD 2024-
Date Adopted: June 4, 2024
RESOLUTION JURAT
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF MORENO VALLEY )
I, Jane Halstead, Secretary of the Moreno Valley Community Services District, Moreno Valley, California do hereby certify that Resolution No. CSD 2024-__ was duly and regularly adopted by the Board of Directors of the Moreno Valley Community Services District at a regular meeting held on the 4 th day of June, 202 4 by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
(Board members, Vice-President and President)
SECRETARY
(SEAL)
BUDGETED BUDGETED
PROCEEDS NON-PROCEEDS TOTAL
REVENUE SOURCE OF TAX OF TAX REVENUE
Taxes
Zone A - Parks & Recreation 8,003,595$ 8,003,595$ Zone A - Parks & Recreation Rest. Assets - -
CFD No 1 - Parks 1,700,000 1,700,000
LMD 2014-01 - Residential Lights 138,390 138,390
Zone C - Arterial Lights 686,825 686,825
Zone D - Standard Landscaping - -
Zone E - Extensive Landscaping - -
LMD 2014-02 - -
CFD 2014-01 - -
Zone L - Library Services 2,674,558 2,674,558 Zone M - Median Fund - -
Zone S - Sunnymead Blvd. - -
CFD 2021-01 170,000 170,000
Fees
Zone A - Parks & Recreation 1,059,842 1,059,842 Zone A - Parks & Recreation Rest. Assets - -
CFD No 1 - Parks 10,000 10,000
LMD 2014-01 - Residential Lights 999,000 999,000
Zone C - Arterial Lights - -
Zone D - Standard Landscaping 1,200,000 1,200,000 Zone E - Extensive Landscaping 194,000 194,000
LMD 2014-02 2,561,753 2,561,753
CFD 2014-01 - -
Zone L - Library Services 1,500 1,500
Zone M - Median Fund 175,000 175,000
Zone S - Sunnymead Blvd. 70,000 70,000
Miscellaneous
Zone A - Parks & Recreation 14,500 14,500
Zone A - Parks & Recreation 902,954 902,954
Zone A - Parks & Recreation 30,000 30,000
Zone A - Parks & Recreation 50,000 50,000
Zone B - Residential Lights - -
Zone E - Extensive Landscaping - -
LMD 2014-02 - -
Zone D - Standard Landscaping - -
Zone L - Library Services - -
Zone L - Library Services 24,897 24,897
Transfers In
Zone A - Parks & Recreation - -
Zone A - Parks & Recreation Rest. Assets - -
CFD No 1 - Parks 34,465 34,465
LMD 2014-01 - Residential Lights 346,500 346,500
Zone C - Arterial Lights 150,000 150,000
Zone D - Standard Landscaping - -
Zone E - Extensive Landscaping - -
LMD 2014-02 210,000 210,000
CFD 2014-01 - -
Zone L - Library Services 475,000 475,000
Zone M - Median Fund 200,000 200,000
Zone S - Sunnymead Blvd. - -
CFD 2021-01 64,155 64,155
Total 13,373,368$ 8,773,566$ 22,146,934$ % of Total 60.38 39.62 100.00
Allocation of Interest * 157,765 103,501 261,266 Adjusted Total 13,531,133$ 8,877,067$ 22,408,200$
CITY OF MORENO VALLEY
APPROPRIATIONS (GANN) LIMIT
PROCEEDS OF TAX CALCULATION
COMMUNITY SERVICES DISTRICT FY 2024/25
EXHIBIT A
EXHIBIT B
APPROPRIATIONS SUBJECT TO THE LIMIT
FY 2024/25 Total Revenue * 22,408,200$
Less: Non-Proceeds of Tax 8,877,067
A) Total Appropriations Subject to the Limit 13,531,133$
APPROPRIATIONS LIMIT
B) FY 2023/24 Appropriations Limit 26,716,099
C) Change Factor ** % Increase Factor
Cost of Living (Per Capital Personal Income)-COL 3.62 1.0362 Population Adjustment - PA 0.12 1.0012
Change Factor (COL x PA) 1.0374
D) Increase in Appropriations Limit 999,182
E) FY 2024/25 Appropriations Limit (B x C) 27,715,281$
REMAINING APPROPRIATIONS CAPACITY
(E - A) 14,184,148$
Remaining Capacity as a Percent of the FY 2024/25 Appropriations Limit 51.18% * Revenues based upon FY 2024/25 Adopted Budget
** State Department of Finance
Percent of Change in California Per Capita Income
Percent of Change in City of Moreno Valley Population
CITY OF MORENO VALLEY
APPROPRIATIONS (GANN) LIMITS
LIMIT CALCULATION
COMMUNITY SERVICES DISTRICT FY 2024/25
EXHIBIT C
COST OF APPROPRIATIONS APPROPRIATIONS
FISCAL LIVING POPULATION APPROPRIATIONS SUBJECT TO REMAINING APPROPRIATIONS SUBJECT TO REMAINING
YEAR CHANGE CHANGE LIMIT THE LIMIT CAPACITY LIMIT THE LIMIT CAPACITY 1984/85 - - $8,000,000 $1,489,525 $6,510,475 $1,000,000 $225,224 $774,776 1985/86 3.74% - 8,299,200 5,801,524 2,497,676 1,037,400 366,257 671,143 1986/87 2.30% 13.34% 10,739,623 7,182,998 3,556,625 1,730,616 571,404 1,159,212 1987/88 3.40% 21.27% 13,419,869 8,186,487 5,233,382 2,162,519 514,685 1,647,834 1988/89 3.93% 13.98% 15,897,098 9,117,625 6,779,473 2,561,707 595,770 1,965,937 1989/90 4.98% 11.53% 18,612,989 10,193,243 8,419,746 2,999,354 973,431 2,025,923 1990/91 4.21% 12.34% 21,790,136 12,168,319 9,621,817 3,511,329 1,447,368 2,063,961 1991/92 4.14% 9.53% 25,184,125 12,702,824 12,481,301 4,058,248 1,068,016 2,990,232 1992/93 -0.64% 4.74% 26,209,119 21,751,950 4,457,169 4,223,419 1,127,115 3,096,304 1993/94 2.72% 3.69% 27,915,333 22,167,783 5,747,550 4,498,364 1,090,166 3,408,198 1994/95 0.71% 2.56% 28,833,747 22,191,470 6,642,277 4,646,360 839,650 3,806,710 1995/96 4.72% 2.66% 30,999,161 21,770,020 9,229,141 4,995,302 1,018,520 3,976,782 1996/97 4.67% 1.91% 33,066,805 22,117,750 10,949,055 5,328,489 952,480 4,376,009 1997/98 4.67% 0.19% 34,677,158 22,635,500 12,041,658 5,587,986 952,480 4,635,506 1998/99 4.15% 4.44% 37,718,345 23,919,000 13,799,345 6,078,052 1,000,500 5, 077,552
1999/00 4.53% 2.29% 40,328,454 26,298,904 14,029,550 6,498,653 1,796,366 4,702,287 2000/01 4.91% 3.36% 43,728,143 27,701,784 16,026,359 7,046,489 1,831,589 5,214,900 2001/02 7.82% 5.68% 49,823,846 30,910,955 18,912,891 8,028,770 2,074,425 5,954,345 2002/03 -1.27% 3.88% 51,099,336 34,456,312 16,643,024 8,234,307 2,244,708 5,989,599 2003/04 2.31% 3.72% 54,226,615 37,805,936 16,420,679 8,738,247 2,465,590 6,272,657 2004/05 3.28% 4.17% 58,342,415 42,094,636 16,247,779 9,401,480 2,727,571 6,673,909 2005/06 5.26% 6.59% 65,460,190 48,100,800 17,359,390 10,548,461 3,016,336 7,532,125 2006/07 3.96% 5.59% 71,855,651 59,592,475 12,263,176 11,579,046 3,987,532 7,591,514 2007/08 4.42% 3.38% 77,568,175 72,653,027 4,915,148 12,499,580 4,615,504 7,884,076 2008/09 4.29% 2.79% 83,153,084 68,506,576 14,646,508 13,399,550 4,685,689 8,713,861 2009/10 0.62% 1.83% 85,198,650 56,124,960 29,073,690 13,729,179 4,108,012 9,621,167 2010/11 -2.54% 1.40% 84,193,306 50,777,288 33,416,018 13,567,175 3,059,579 10,507,596 2011/12 2.51% 3.66% 89,463,807 54,120,708 35,343,099 14,416,480 3,146,478 11,270,002 2012/13 3.77% 1.05% 93,811,748 57,930,634 35,881,114 15,117,121 3,146,049 11,971,072 2013/14 5.12% 1.23% 99,825,081 59,511,085 40,313,996 16,086,128 3, 193,939 12,892,189
2014/15 0.80% 1.12% 101,751,705 61,132,366 40,619,339 16,396,590 3,661,696 12,734,894 2015/16 3.82% 1.28% 107, 002,093 68,270,362 38,731,731 17,242,654 10,686,758 (1) 6,555,896 2016/17 5.37% 2.35% 115,401,757 71,329,731 44,072,026 18,596,202 10,733,417 7,862,785 2017/18 3.69% 0.67% 120,456,354 74,479,064 45,977,290 19,410,716 11,119,754 8,290,962 2018/19 3.67% 1.64% 126,924,860 76,753,778 50,171,082 20,453,071 11,321,286 9,131,785 2019/20 3.86% 1.09% 133,245,718 84,305,457 48,940,261 21,471,634 10,837,005 10,634,629 2020/21 3.73% 0.80% 139,321,723 80,536,602 58,785,121 22,450,741 11,473,096 10,977,645 2021/22 5.73% 0.30% 147,750,687 91,420,924 56,329,763 23,809,011 12,922,169 10,886,842 2022/23 7.55% -0.09% 158,758,113 101,818,614 56,939,499 25,582,782 11,587,315 13,995,467 2023/24 4.44% -0.01% 165,791,097 119,490,807 46,300,290 26,716,099 13,472,753 13,243,346 2024/25 3.62% 0.12% 171,991,684 121,553,051 50,438,633 27,715,281 13,531,133 14,184,148
CITY OF MORENO VALLEY
SUMMARY OF ANNUAL APPROPRIATION (GANN) LIMITS
GENERAL FUND AND COMMUNITY SERVICES DISTRICT
GENERAL FUND COMMUNITY SERVICES DISTRICT
Note (1) During 2014 the City Attorney made a ruling that certain revenues which had previously been shown as Non-Proceeds of Tax should be shown as Proceeds of Tax instead. That ruling is reflected in data beginning with FY 2015/16.
$0
$2
$4
$6
$8
$10
$12
$14
$16
$18
$20
$22
$24
$26
$28
$30Millions
Appropriations Limit Trend
Community Services District
Appropriations Limit
Appropriations Subject to the Limit
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
$140
$150
$160
$170
$180
$190Millions
Appropriations Limit Trend
General Fund
Appropriations Limit
Appropriations Subject to the Limit