ATTACHMENT A
Step 1
Determine Maximum Limit for Current Year's Appropriations from Proceeds of Taxes
2022/2023 appropriations subject to limitation
(Base year appropriations from "proceeds of taxes") 97,399,292 Roll forward for change in State per capita income (1.0444) times the change in County population (1.0012) x 1.0457
Maximum limit for current year's appropriations from "proceeds of taxes" 101,845,889 Step 2
Allocate Revenues Between "Proceeds Of Taxes" and "Nonproceeds Of Taxes" Governmental Fund Type Revenues (subject to limitation) Proceeds of Taxes 101,845,889
Nonproceeds of Taxes 31,116,291
Total Revenues 132,962,180
Step 3
Determine Current Year's Actual Appropriations From Proceeds of Taxes Budgeted appropriations 135,774,650
(all governmental fund types subject to limitation)
Less: nonproceeds of taxes (per Step 2) 31,116,291
Less: exclusions provided under Section 9 of Gann:
Appropriations for Debt Service 972,210
Capital Asset Exclusions 1,840,260
Appropriations for additional services
mandated by courts or federal government 0
Budgeted appropriations from "Proceeds of Taxes" before increase in contingency reserves 101,845,889
City of Rialto
Calculation of Gann Spending Limitation
For the 2023/2024 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) 101,845,889 Budgeted "Proceeds of Taxes" 101,845,889
Allowable Increase (0)
Fund Balance Change
Beginning Fund Balance 145,896,590
Ending Fund Balance 143,084,120
Change Increase (Decrease) (2,812,470)
Current Year's Actual Appropriations from "Proceeds of Taxes" 101,845,889 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) 101,845,889 Actual appropriations from "Proceeds of Taxes" (Step 3) 101,845,889 Step 5
Comparison of "Proceeds of Taxes" and Appropriations From "Proceeds of Taxes"
Proceeds of Taxes (Step 2) 101,845,889
Appropriations limit from "Proceeds of Taxes" (Step 1) 101,845,889 Extra appropriations available under limit (0)
ATTACHMENT A
City of Rialto
Estimated Proceeds of Taxes
For the 2023/2024 Fiscal Year
TAXES
PROPERTY TAXES 15,186,731
IN LIEU PROPERTY TAX (VLF) 17,449,530
PERS RETIREMENT TAX 0
SALES TAX 50,293,709
IN LIEU PROPERTY TAX (SALES TAX) 0
TRANSIENT LODGING TAX 249,400
PROPERTY TRANSFER TAX 430,000
UTILITY USERS TAX 12,435,600
BUSINESS LICENSE 2,752,000
OTHER TAX 0
98,796,969
REVENUE FROM OTHER AGENCIES
MOTOR VEHICLE IN-LIEU TAX 120,000
OFF HIGHWAY LICENSE TAX 0
120,000
PROPERTY TAX ASSESSMENTS
LANDSCAPE & LIGHTING DISTRICT 1,134,480
LANDSCAPE MAINTENANCE 956,180
STREET LIGHTING 838,260
2,928,920
TOTAL PROCEEDS OF TAXES 101,845,889