ATTACHMENT A
Step 1
Determine Maximum Limit for Current Year's Appropriations from Proceeds of Taxes
2021/2022 appropriations subject to limitation
(Base year appropriations from "proceeds of taxes") 90,435,261 Roll forward for change in State per capita income (1.0755) times the change in County population (1.0014) x 1.0770
Maximum limit for current year's appropriations from "proceeds of taxes" 97,399,292 Step 2
Allocate Revenues Between "Proceeds Of Taxes" and "Nonproceeds Of Taxes" Governmental Fund Type Revenues (subject to limitation) Proceeds of Taxes 107,547,970
Nonproceeds of Taxes 33,274,790
Total Revenues 140,822,760
Step 3
Determine Current Year's Actual Appropriations From Proceeds of Taxes Budgeted appropriations 136,625,930
(all governmental fund types subject to limitation)
Less: nonproceeds of taxes (per Step 2) 33,274,790
Less: exclusions provided under Section 9 of Gann:
Appropriations for Debt Service 1,112,750
Capital Asset Exclusions 4,997,147
Appropriations for additional services
mandated by courts or federal government 0
Budgeted appropriations from "Proceeds of Taxes" before increase in contingency reserves 97,241,243
City of Rialto
Calculation of Gann Spending Limitation
For the 2022/2023 Fiscal Year
ATTACHMENT A
Add: Current year's increase in contingency reserves in governmental funds. Increase would be the lesser
of the "allowable" increase or the actual increase
in fund balances in
governmental funds for the year
Allowable Increase
Maximum limit for current year's appropriations (per Step 1) 97,399,292 Budgeted "Proceeds of Taxes" 97,241,243
Allowable Increase 158,049
Fund Balance Change
Beginning Fund Balance 103,377,824
Ending Fund Balance 107,574,654
Change Increase (Decrease) 4,196,830
Current Year's Actual Appropriations from "Proceeds of Taxes" 97,399,292 Step 4
Comparison of Current Year's Actual Appropriations From "Proceeds of Taxes" and Maximum Limit
Maximum limit for appropriations from "Proceeds of Taxes" (Step 1) 97,399,292 Actual appropriations from "Proceeds of Taxes" (Step 3) 97,399,292 Step 5
Comparison of "Proceeds of Taxes" and Appropriations From "Proceeds of Taxes"
Proceeds of Taxes (Step 2) 107,547,970
Appropriations limit from "Proceeds of Taxes" (Step 1) 97,399,292 Extra appropriations available under limit (10,148,678)
ATTACHMENT A
City of Rialto
Estimated Proceeds of Taxes
For the 2022/2023 Fiscal Year
TAXES
PROPERTY TAXES 18,939,410
IN LIEU PROPERTY TAX (VLF) 16,768,060
PERS RETIREMENT TAX 0
SALES TAX 50,039,170
IN LIEU PROPERTY TAX (SALES TAX) 0
TRANSIENT LODGING TAX 300,000
PROPERTY TRANSFER TAX 600,000
UTILITY USERS TAX 14,960,000
BUSINESS LICENSE 3,200,000
OTHER TAX 0
104,806,640
LICENSES AND PERMITS
CONTRACTORS LICENSE 100,000
TRUCK DELIVERY LICENSE 30,000
3,330,000
REVENUE FROM OTHER AGENCIES
MOTOR VEHICLE IN-LIEU TAX 90,000
OFF HIGHWAY LICENSE TAX 0
90,000
PROPERTY TAX ASSESSMENTS
LANDSCAPE & LIGHTING DISTRICT 1,134,480
LANDSCAPE MAINTENANCE 548,580
STREET LIGHTING 838,270
2,521,330
TOTAL PROCEEDS OF TAXES 107,547,970