COMPLETE DOCUMENTATION
FY 2024/25 APPROPRIATION (GANN) LIMITS
FOR THE CITY OF MORENO VALLEY
AND
MORENO VALLEY COMMUNITY SERVICES DISTRICT
Prepared by the Financial & Management Services Department Natalia Lopez, Financial Resources Division Manager
Date Available for Inspection: 5/20/24
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
BUDGETED BUDGETED
PROCEEDS NON-PROCEEDS TOTAL
REVENUE SOURCE OF TAX OF TAX REVENUE
Taxes
Property (1) 50,236,000$ 50,236,000$
Sales 37,750,000 37,750,000
Motor Vehicle In-Lieu - -
Business Gross Receipts 6,300,000 6,300,000
Utility Users 18,000,000 18,000,000
Other Taxes 5,600,000 5,600,000
Fees
Franchise 9,605,094 9,605,094
Development Fees 12,510,017 12,510,017
Other Fees, Permits & Licenses 2,582,649 2,582,649 Fines & Forfeitures 575,000 575,000
Administrative Charges 3,529,167 3,529,167
Intergovernmental 615,803 615,803
Miscellaneous 353,600 353,600
Total 117,886,000$ 29,771,330$ 147,657,330$ % of Total 79.84 20.16 100.00
Allocation of Interest 3,667,051 925,949 4,593,000 Adjusted Total 121,553,051$ 30,697,279$ 152,250,330$ Revenues are based on FY 2024/25 Amended Budget
Notes:
(
1) I
ncludes Property Tax In-Lieu of Vehicle License Fees In-Lieu
CITY OF MORENO VALLEY
APPROPRIATIONS (GANN) LIMIT
PROCEEDS OF TAX CALCULATION
GENERAL FUND FY 2024/25
EXHIBIT A
EXHIBIT B
APPROPRIATIONS SUBJECT TO THE LIMIT
FY 2024/25 Total Revenue * 152,250,330$
Less: Non-Proceeds of Tax 30,697,279
A) Total Appropriations Subject to the Limit 121,553,051$
APPROPRIATIONS LIMIT
B) FY 2023/24 Appropriations Limit 165,791,097
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 6,200,587
E) FY 2024/25 Appropriations Limit (B x C) 171,991,684$
REMAINING APPROPRIATIONS CAPACITY
(E - A) 50,438,633$
Remaining Capacity as a Percent of the FY 2024/25 Appropriations Limit 29.33% * 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
GENERAL FUND 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