City of
Mountain
View
Mountain View, California
Independent Accountants’ Report on
Agreed-Upon Procedures Applied to
Appropriations Limit Schedule
For the fiscal year ended June 30, 2024
Attachment 3
INDEPENDENT ACCOUNTANTS’ REPORT
To the Honorable Mayor and Members of City Council of the City of Mountain View Mountain View, California
We have performed the procedures enumerated be low on the accompanying Appropriations Limit S c h e d u l e o f t h e C i t y o f M o u n t a i n V i e w ( C i t y ) f or the fiscal year ended June 30, 2024. The City’s management is responsible for the accompanying Appropriations Limit Schedule.
The City has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of the requirements of Section 1.5 of Article XIII-B of th e California Constitution.
Additionally, the League of California Cities (as presented in the publication entitled Agreed-upon Procedures Applied to the Appropriations Limitation Prescribed by Article XIII-B of the California Constitution) has agreed to and acknowledged that the procedures performed are appropriate for their purposes. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this re port and may not meet the needs of all users of this report and, as such, users are responsible for de termining whether the procedures performed are appropriate for their purposes.
The procedures performed and our findings are described below:
1. We obtained the completed worksheets used by th e City to calculate its appropriations limit for the fiscal year ended June 30, 2
024, and determined that the limit and annual calculation factors were adopted by resolution
of City Coun cil. We also determined that the population and inflation options were selected by a recorded vote of City Council.
Finding: No exceptions were noted as a result of our procedures.
2. For the accompanying
Appropriations Limit Schedu le, we added the prior year’s limit to the total adjustments, and agreed the resulting amount to the current year’s limit.
Finding: No
exceptions were noted as a result of our procedures.
3. We agreed t
he current year information presented in the accompanying Appropriations Limit Schedule to corresponding information in worksheets used b y the City.
Finding: No exceptions were noted as a result of our procedures.
4. We agreed the prior year appropriations limit presented in the accompanying Appropriations Limit Schedule to the prior year appropriations limit adopted by the Cit y Council during the
prior year.
Finding: No exceptions were noted as a result of our procedures.
To the Honorable Mayor and Members of City Council
of the City of Mountain View
Mountain View, California
We were engaged by the City to perform this ag reed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to and did not conduct an examination or review, the objective of which would be the expression of an opinion or conclusion, respectively, on the accompanying Appropriation Limit Schedule. Accord ingly, we do not express such an opinion or conclusion. Had we performed additional procedures, ot her matters might have come to our attention that would have been reported to you.
We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.
This report is intended solely for the information and use of the City Council and management of the City and is not intended to be and should not be used by anyone other than these specified parties. However, this report is a matter of public record, and its distribution is not limited.
Badawi & Associates, CPAs
Berkeley, California
November 22, 2024
City of Mountain View
Appropriations Limit Schedule
Amount Source
A. Appropriations limit for the year ended June 30, 2023 342,417,977$ Prior year resolution B. Calculation Factors:
1. Population increase % 0.9975 State Department of Finance
2. Inflation increase % 1.0444 County of Alameda
3. Total adjustment factor % 1.0418 B1*B2
C. Annual Adjustment Increase 14,309,305 [(B3-1)A)]
D. Other Adjustments - N/A
E. Total Adjustments 14,309,305 (C+D)
F. Appropriations limit for the year ending June 30, 2024 356,727,282$ (A+E) For the fiscal year ended June 30, 2024
3 City of Mountain View
Notes to Appropriations Limit Schedule
For the fiscal year ended June 30, 2024
1. PURPOSE OF LIMITED PROCEDURES REVIEW
Under Article XIIIB of the California Constitution (the Gann Spending Limitation Initiative), California governmental agencies are restricted as to the amount of annual appropriations from proceeds of taxes.
Effective for years beginning on or after July 1, 1990, under Section 1.5 of Article XIIIB, the annual calculation of the appropriations limit is subject to a limited procedures review in connection with the annual audit.
2. METHOD OF CALCULATION
Under Section 10.5 of A rticle XIIIB, for fiscal years beginning on or after July 1990, the appropriations limit is required to be calculated based on the limit for the fiscal year 1986-1987, adjusted for the inflation and population factors discussed in Notes 3 and 4 below.
3. INFLATION FACTORS
A California governmental agency may adjust its appr opriations limit by either the annual percentage change in the 4th quarter per capita personal income (which percentage is supplied by the State Department of Finance), or the percentage change in the local assessment roll from the preceding year due to the change of local nonresidential construction. The factor adopted by the City of Mountain View for the fiscal year 2023-2024 represents the change in per capita income in the State of California.
4. POPULATION FACTORS
A California governmental agency may adjust its appr opriations limit by either the annual percentage change of the jurisdiction’s own population, or the an nual percentage change in population in the County where the jurisdiction is located. The factor adopted by the City of Mountain View for fiscal year 2023-2024 represents the annual percentage change in population for the County.
5. OTHER ADJUSTMENTS
A California government agency may be required to ad just its appropriations limit when certain events occur, such as the transfer of responsibility for muni cipal services, to, or from, another government agency or private entity. There were no adjustments made for fiscal year ended June 30, 2024. 4