DRAFT 6/13/23___________
T-FIN-160163/67933 1
Council Agenda:
Item No.:
RESOLUTION NO.________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SUNNYVALE ESTABLISHING THE APPROPRIATIONS
LIMIT FOR FISCAL YEAR 2022/2023 PURSUANT TO
ARTICLE XIII B OF THE CALIFORNIA CONSTITUTION
WHEREA S, Ar ticle XI II B of the California Constitution (enacted with the passage of Proposition 4 in 1979; with modifications under Proposition 111, passed by the voters of California in June 1990; and implemented by California Government Code Sections 7900 et seq.), specifies that appropriations of governmental entities may increase by an amount adjusted by the cost of living and change in population from the prior year; and WHEREAS, California Government Code Section 7910 provides for the annual establishment by local jurisdictions of their appropriations limit for each fiscal year, and further provides that upon establishment of such appropriations limit any judicial action or proceeding to attack, review, set aside, void, or annul such action by the City Council must be commenced within forty-five (45) days of the effective date of the resolution establishing the appropriations limit; and WHEREAS, pursuant to Government Code Section 7910, in Report to Council (RTC) No. 23-0455, dated June 6, 2023, the Director of Finance has computed the appropriations limit applicable to the City of Sunnyvale for the fiscal year 2023/2024, and transmitted the same with suggested modifications to the City Council in RTC No. 23-0454, dated June 20, 2023; and WHEREAS, documentation used in determining the appropriations limit has been made available to the public for a period of not less than fifteen (15) days prior to City Council consideration of this resolution.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SUNNYVALE AS FOLLOWS:
1. Pursuant to the appropriations limit formula set forth by Government Code Sections 7900-7914, the City Council does hereby establish the appropriations limit for fiscal year 2023/2024 for the City of Sunnyvale as $304,855,740.00, as documented in Exhibit A, attached hereto and incorporated herein by reference as though fully set forth.
2. Pursuant to Government Code Section 7910, no judicial action or proceeding to attack, review, set aside, void, or annul the action of the City Council in establishing the appropriations limit for fiscal year 2023/2024 shall be brought unless such action or proceeding shall have been commenced within forty-five (45) days of the date of adoption of this resolution.
Attachment 3
T-FIN-160163/67933 2
Council Agenda:
Item No.:
Adopted by the City Council at a regular meeting held on __________, by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
RECUSAL:
ATTEST: APPROVED:
__________________________________ _________________________________
DAVID CARNAHAN
City Clerk
LARRY KLEIN
Mayor
(SEAL)
APPROVED AS TO FORM:
___________________________________
JOHN A. NAGEL
City Attorney
Attachment 3
AMOUNT SOURCE
A. LAST YEAR'S LIMIT 291,983,171$ Prior Year
B. ADJUSTMENT FACTORS
1. Population 0.9997 State Department of Finance
2. Inflation 1.0444 State Department of Finance
1.0441 (B1*B2)
Total Adjustment % 0.0441 (B1*B2-1)
C. ANNUAL ADJUSTMENT 12,872,569$ (B*A)
D. OTHER ADJUSTMENTS:
Lost Responsibility (-) 0
Transfer to private (-) 0
Transfer to fees (-) 0
Assumed Responsibility (+) 0
Sub-total 0
E. TOTAL ADJUSTMENTS 12,872,569$ (C+D)
F. THIS YEAR'S LIMIT 304,855,740$ (A+E)
CITY OF SUNNYVALE
APPROPRIATIONS LIMIT
FY 2023/24 Adopted Budget
EXHIBIT A
Attachment 3
CITY OF SUNNYVALE
CALCULATION OF APPROPRIATIONS LIMIT
FY 2023/24 Adopted Budget
FY 2022/2023 FY 2023/2024
Appropriations:
1001 General Fund 202,839,588$ 227,154,457$
2020 Housing Fund 1,724,528 17,987,154
2060 Home Fund 2,081,013 89,191
2080 Redevelopment Housing Fund 2,801,782 1,304,718 2040 Community Development Block Grant Fund 1,783,827 1,366,188 2100 Park Dedication Fund 21,994,117 16,049,372
2200. Public Safety Forfeiture Fund - -
2220 Police Services Augmentation Fund 406,735 427,681 2300 Employment Development Fund 10,500,000 10,799,132 2400 Parking District Fund 200,100 383,527
2500 Gas Tax Fund 1,250,000 1,250,000
2521 RMRA (SBI) 3,335,704 3,761,168
2560 2016 Measure B Santa Clara VTA Fund 3,224,977 31,497,400 2580 VRF Local Road Improvement Fund 139,445 - 1040 Youth and Neighborhood Services Fund 999,521 1,051,309 3100 Capital Projects Fund 4,238,051 8,703,838 3200 Infrastructure Renovation and Replacement Fund 4,209,572 18,517,919 Total Appropriations 261,728,960 340,343,054
Appropriation Adjustments:
Current Non-Tax Revenues (123,998,118) (127,806,679) Prior Non-Tax Revenues - -
Debt Service Appropriation - -
Qualified Capital Outlay (1,281,250) -
Total Appropriation Adjustments (125,279,368) (127,806,679) Appropriations Subject to Limit 136,449,593 212,536,375 Growth Rate Factor 1.0817 1.0441 Total Allowable Appropriations Limit 291,983,171 304,855,740 (Prior Year Appropriations Limit x Growth Rate Factor)
Amount Under (Over) Allowable Appropriations Limit 155,533,578$ 92,319,365$ Attachment 3
CITY OF SUNNYVALE
CALCULATION OF APPROPRIATIONS LIMIT
FY 2023/24 Adopted Budget
FY 2022/2023 FY 2023/2024
Revenues:
Tax Revenues:
Property Tax 110,225,171$ 117,631,014$
Sales Tax 29,876,069 34,286,478
Other Taxes 28,937,546 35,460,907
Unrestricted State Subventions 118,955 150,879 Interest Income 5,175,120 7,943,348
Total Tax Revenues 174,332,861 195,472,626
Non-Tax Revenues:
Federal Grants 16,188,486 12,009,643
Restricted State Shared Revenues 4,447,916 3,975,310 State Grants/Reimbursements 4,182,082 4,500,781 Other Intergovernmental Contributions 4,984,261 32,021,096 Franchise Fees 7,507,779 7,525,097
Permits and Licenses 1,992,514 2,274,571
Service and Development Fees 67,600,506 43,390,339 Rents and Concessions 6,989,808 10,321,126
Fines and Forfeitures 792,211 534,269
Housing Loan Repayments 558,140 1,932,349
Revenue from Sale of Property - -
Miscellaneous 653,679 130,847
Inter-Fund Loan Repayments 4,419,817 3,997,618 Interest Income 3,680,919 5,193,633
123,998,118 127,806,679
298,330,979$ 323,279,305$
Total Non-Tax Revenues
Total Revenues
Attachment 3