Ordinance Fact Sheet
TO:
FROM:
CITY COUNCIL
CITY ATTORNEY
DATE: May 8, 2023
SUBJECT: AMENDMENT TO TITLE 4, CHAPTER 100, SECTION 4.100.020 OF THE PASADENA MUNICIPAL CODE TO REFLECT 2020 CHARTER
AMENDMENT PERTAINING TO ANNUAL LIGHT AND POWER FUND
TRANSFER
TITLE OF PROPOSED ORDINANCE
AN ORDINANCE OF THE CITY OF PASADENA AMENDING TITLE 4, CHAPTER 100, SECTION 4.100.020 OF THE PASADENA MUNICIPAL CODE PERTAINING TO
ANNUAL LIGHT AND POWER FUND TRANSFER
PURPOSE OF ORDINANCE
As directed by the City Council on March 27, 2023, this ordinance amends the Municipal Code to clarify that the maximum annual transfer from the Light & Power Fund to the General Fund has been reduced from 16 percent to 12 percent of the electric utility's gross income.
This amendment is necessary to conform the Municipal Code to the provisions of the Charter that were amended in November 2020, when Pasadena voters passed Measure P, with over 85 percent voting to approve the measure. Measure P reconfirmed the General Fund Transfer, and simplified restrictions on the transfer.
REASON WHY LEGISLATION IS NEEDED
This ordinance is needed as a result of the Council's direction at the March 27, 2023 meeting.
MEETING OF _0_5_/_0_8_/_.;..2_0_23 __
AGENDA ITEM NO. _l_g __ _
THC6PHVZ0D3Z6I
PROGRAMS, DEPARTMENTS OR GROUPS AFFECTED
The Water & Power Department and Finance Department will implement the ordinance.
FISCAL IMPACT
No fiscal impact is anticipated from this proposed ordinance.
ENVIRONMENTAL DETERMINATION
On March 27, 2023, the Council determined that the proposed Municipal Code amendment is exempt from California Environmental Quality Act (CEQA), review pursuant to State CEQA Guidelines Section 15061(b)(3) (Common Sense Exemption).
Prepared b
-~·
. a
ief Assistant City Attorney
Concurred by:
Jl.J~
MIGUEiiviiRQUEZ
City Manager
JNR:smm
Respectfully submitted,
Michele Beal Bagneris
City Attorney
2