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HomeMy WebLinkAboutItem 11g - Establishing an Appropriation Limit for FY2025-26 DATE: June 3, 2025 TO: Honorable Mayor and City Council FROM: Henry Chen, Administrative Services Director SUBJECT: RESOLUTION NO. 7640 ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL YEAR 2025-26 PURSUANT TO ARTICLE XIII-B OF THE CALIFORNIA CONSTITUTION CEQA: Not a Project Recommendation: Adopt SUMMARY Article XIII-B of the State Constitution imposes a limit (“the GANN Limit”) on tax proceeds that can be appropriated for expenditures in any given fiscal year. Section 7910 requires the City of Arcadia to establish the GANN Limit by resolution. As calculated, the City’s expenditures subject to the limit are $73,558,000 versus a limit of $123,941,248, meaning that the City is under the GANN Limit by $50,383,248. It is recommended that the City Council adopt Resolution No. 7640, establishing the annual adjustment factors and the resultant GANN Limit for Fiscal Year 2025-26. DISCUSSION In November 1979, California voters approved Proposition 4, commonly known as the GANN Initiative. This proposition created Article XIII-B of the State Constitution, placing limits on the amount of revenue that can be spent by any local government. Each government was allocated a base year GANN Limit, which is adjusted annually for inflation and population growth. The law also requires an annual review of the GANN Limit calculation. Certain revenues do not count towards the annual GANN Limit. For instance, the expenditure of tax proceeds on voter-approved debt and the costs of complying with court orders and federal mandates, are not counted towards the Limit, as they are restricted for certain purposes. Similarly, if the State specifies that funds transmitted to localities are restricted in their use (e.g., State Gas Tax), they are excluded in the calculation of the GANN Limit. Resolution No. 7640 Establishing an Appropriation Limit for Fiscal Year 2025-26 June 3, 2025 Page 2 of 3 To measure inflation, each city may choose the higher of two factors: the growth in the California Per Capita Income or the growth in the Non-Residential Assessed Valuation resulting from new construction within the city. At this time, the data used to calculate the increase in the Non-Residential Assessed Valuation is not available from the Los Angeles County Assessor. Thus, the change of California Per Capita Income at 6.44% has been used as the inflationary adjustment factor in the calculation of Arcadia’s Appropriation Limit. The second factor for calculating the GANN Limit is the change in population. Cities may choose the greater of population growth between the County of Los Angeles (“County”) or the city. In 2025, the population growth rate in the County is 0.30%, whereas the City’s population growth rate is 0.13%. As a result, the City has chosen to use the County’s growth factor for FY 2025-26’s GANN Limit calculation. The attached Exhibits “A”, “A-1”, “B”, “C”, “C-1”, and “D”, demonstrate the City’s compliance with Article XIII-B of the State Constitution for the Fiscal Year ending June 30, 2026. As calculated, the City’s Proceeds of Taxes Before Exclusions is established at $74,130,300 (Exhibit “C”), and the FY 2025-26 Appropriation Limit is $123,941,248 (Exhibit “A”). Exhibit “B” shows that the City of Arcadia is under the Appropriation Limit by $50,383,248. ENVIRONMENTAL ANALYSIS The proposed action does not constitute a project under the California Environmental Quality Act (“CEQA”), as it can be seen with certainty that it will have no impact on the environment. FISCAL IMPACT The GANN Limit for the City of Arcadia in FY 2025-26 is established at $123,941,248. The appropriations subjected to the limit in the annual budget are $73,558,000, which are well within the GANN Limit. Therefore, the City may fully expend all funds appropriated in the FY 2025-26 Budget and has the capacity for additional appropriations during the year, as necessary. RECOMMENDATION It is recommended that the City Council find this action does not constitute a project under the California Environmental Quality Act (“CEQA”); and adopt Resolution No. 7640 establishing an appropriation limit for Fiscal Year 2025-26 pursuant to Article XIII-B of the California Constitution. Resolution No. 7640 Establishing an Appropriation Limit for Fiscal Year 2025-26 June 3, 2025 Page 3 of 3 Attachments: Exhibit “A” - Appropriation Limit for Fiscal Year 2025-26 Exhibit “A-1” - Population/Inflationary Adjustment Exhibit “B” - Appropriations Subject to Limitation Exhibit “C” - Calculation of Proceeds Exhibit “C-1” - Interest Earnings produced by Taxes Exhibit “D” - Exclusions Resolution No. 7640 EXHIBIT "A" AMOUNT A. LAST YEAR'S LIMIT (2024-2025)116,093,338$ B. ADJUSTMENT FACTORS: COUNTY OF LOS ANGELES POPULATION GROWTH 1.0030 PER CAPITA COST OF LIVING CHANGE AS A RATIO 1.0644 TOTAL ADJUSTMENT 1.0676 C. ANNUAL ADJUSTMENT 7,847,910 D. FISCAL 2025-2026 LIMIT 123,941,248$ CITY OF ARCADIA APPROPRIATIONS LIMIT FISCAL YEAR 2025-2026 AMOUNT PERCENTAGE CHANGE IN PER CAPITA PERSONAL INCOME 6.44% POPULATION GROWTH - LOS ANGELES COUNTY 0.30% POPULATION GROWTH - CITY OF ARCADIA 0.13% SOURCE: DEPARTMENT OF FINANCE, STATE OF CALIFORNIA EXHIBIT "A-1" CITY OF ARCADIA POPULATION/COST OF LIVING ADJUSTMENT FISCAL YEAR 2025-2026 EXHIBIT "B" AMOUNT SOURCE A. PROCEEDS OF TAXES GRAND TOTAL 74,130,300$ EXHIBIT C B. EXCLUSIONS (MEDICARE TAX)(572,300) EXHIBIT D C. APPROPRIATIONS SUBJECT TO LIMITATION 73,558,000$ D. FISCAL 2025-2026 LIMIT 123,941,248 EXHIBIT A E. OVER/(UNDER) LIMIT (50,383,248)$ CITY OF ARCADIA APPROPRIATIONS SUBJECT TO LIMITATION FISCAL YEAR 2025-2026 EXHIBIT "C" REVENUE PROCEEDS OF TAXES NON PROCEEDS OF TAXES TOTAL Property Tax 21,132,300$ -$ 21,132,300$ Public Safety Augmentation 649,700 - 649,700 Sales & Use Tax 23,415,300 - 23,415,300 Transient Occupancy Tax 6,537,000 - 6,537,000 Property Transfer Tax 571,800 - 571,800 Utility Users Tax 9,197,400 - 9,197,400 Business License Tax 1,339,000 50,000 1,389,000 TOTAL TAXES 62,842,500$ 50,000$ 62,892,500$ FROM STATE Motor Vehicle In Lieu 9,744,800$ -$ 9,744,800$ Gasoline Tax -1,588,600 1,588,600 Road Maint./Rehabilitation (SB1)-1,492,300 1,492,300 Homeowner's Exemption 70,000 - 70,000 POST - 3,600 3,600 SB 90 Reimbursements - 10,000 10,000 TOTAL FROM STATE 9,814,800$ 3,094,500$ 12,909,300$ OTHER GOVERNMENTS Community Development (CDBG)-$ -$ -$ Citizens Options for Public Safety -204,200 204,200 Homeland Security - -- OTS Grant - 85,800 85,800 Other (PROP A&C) Taxes -2,639,900 2,639,900 Prop A Park Maint. & Services - -- Measure R -897,700 897,700 Measure M -1,017,400 1,017,400 Used Oil Grant - 8,000 8,000 Beverage Container Recycling Grant - 14,200 14,200 AQMD (AB2766)- 74,000 74,000 TOTAL OTHER GOVERNMENTS -$4,941,200$ 4,941,200$ CITY OF ARCADIA CALCULATIONS OF PROCEEDS FISCAL YEAR 2025-2026 EXHIBIT "C" REVENUE PROCEEDS OF TAXES NON PROCEEDS OF TAXES TOTAL CITY OF ARCADIA CALCULATIONS OF PROCEEDS FISCAL YEAR 2025-2026 LOCALLY RAISED LICENSES AND PERMITS Franchise Fee -$1,172,300$ 1,172,300$ Parking Permits -600,000 600,000 Plan Check Fees -1,480,000 1,480,000 Building Permits -1,625,000 1,625,000 Mechanical, Electrical & Plumbing -370,000 370,000 Home Occupation Permits - 9,500 9,500 Miscellaneous Permits - 10,000 10,000 Planning Applications -372,000 372,000 Fire Plan Check -190,000 190,000 Engineering Permit Fees -163,000 163,000 Fire Code Permit Fees -160,000 160,000 Fire Code Inspections - 90,000 90,000 Off-site Improvement - -- Water Landscape Review - 65,000 65,000 Technology Fee -255,000 255,000 Unoccupied Residences - 1,500 1,500 Storm Water Plan Check Fees - -- SB1473 building Permit - 1,100 1,100 PEG - 70,000 70,000 Charges for Current Service -5,366,100 5,366,100 Recreation Activities -1,506,600 1,506,600 Library Charges -102,000 102,000 Rent & Royalty -1,490,000 1,490,000 Transportation Impact fees -420,000 420,000 Solid Waste Assessments -600,000 600,000 Park/Dwelling Unit Fees -1,536,000 1,536,000 TOTAL LICENSES & PERMITS -$17,655,100$ 17,655,100$ EXHIBIT "C" REVENUE PROCEEDS OF TAXES NON PROCEEDS OF TAXES TOTAL CITY OF ARCADIA CALCULATIONS OF PROCEEDS FISCAL YEAR 2025-2026 FINES & PENALTIES Miscellaneous Fines -$ 10,000$ 10,000$ Parking Citations -350,000 350,000 Code Violations - 30,000 30,000 Fire Citations - 500 500 TOTAL FINES & PENALTIES -$390,500$ 390,500$ OTHER REVENUE Parimutual Receipts 285,000$ -$ 285,000$ Admin. O/H Transit -142,800 142,800 Admin. O/H Water -1,540,900 1,540,900 Admin. O/H Sewer -291,300 291,300 Admin. O/H Lighting District -124,300 124,300 Admin. O/H Redevelopment - 4,400 4,400 Court Appearances - 5,000 5,000 Waste Management Admin. Fees -150,000 150,000 TOTAL OTHER REVENUE 285,000$ 2,258,700$ 2,543,700$ Total Estimated Revenues Before Revenue from Use of Money 72,942,300$ 28,390,000$ ############ Revenue Earned from Use of Money Earned on Non-Proceeds -$631,300$ 631,300$ of Taxes: Funds 104, 107, 112, 114, 118 142, 151, 153, 155, 156, 157, 161, 165 Proceeds of Taxes: Fund 302 -408,800 - General Fund 1,188,000 462,000 1,650,000 TOTAL REVENUE EARNED FROM USE OF MONEY 1,188,000$ 1,502,100$ 2,281,300$ GRAND TOTAL 74,130,300$ 29,892,100$ ############ EXHIBIT "C-1" AMOUNT PROCEEDS OF TAXES (EXCLUDING INTEREST)72,942,300$ TOTAL REVENUE (EXCLUDING INTEREST)101,332,300$ PERCENT APPLICABLE TO PROCEEDS OF TAXES 72.00% TOTAL INTEREST BUDGETED FOR GENERAL FUND 1,650,000$ INTEREST APPLICABLE TO PROCEEDS OF TAXES 72.00%1,188,000$ INTEREST APPLICABLE TO NON-PROCEEDS OF TAXES 28.00%462,000$ INTEREST DIRECTLY IDENTIFIED TO THE FUNDS WHICH REVENUES ARE IDENTIFIED AS NON PROCEEDS OF TAXES - FUND 104, 107, 112, 114, 118, 142, 151, 153, 155, 156, 157, 161, 165 631,300$ INTEREST DIRECTLY IDENTIFIED TO FUNDS WHICH REVENUES ARE IDENTIFIED AS PROCEEDS OF TAXES - FUND 302 -$ CITY OF ARCADIA INTEREST EARNINGS PRODUCED BY TAXES FISCAL YEAR 2025-2026 EXHIBIT "D" FEDERAL MANDATED COSTS: MEDICARE TAX 572,300$ CITY OF ARCADIA EXCLUSIONS FISCAL YEAR 2025-2026