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HomeMy WebLinkAboutCC 2025-06-24_09b FY 25-26 Appropriation LimitItem 9.b. MEMORANDUM TO: City Council FROM: Nicole Valentine, Director of Administrative Services SUBJECT: Resolution Accepting the Fiscal Year 2025-26 Appropriation Limit (Gann Limit) DATE: June 24, 2025 RECOMMENDATION: 1) Adopt a Resolution adopting a tax proceeds expenditure appropriation limit for Fiscal Year 2025-26; and 2) Determine that establishing the appropriation limit for FY 2025-26 is not a project subject to the California Environmental Quality Act (“CEQA”) because it has no potential to result in either a direct, or reasonably foreseeable indirect, physical change in the environment. (State CEQA Guidelines, §§ 15060, subd. (c)(2)-(3), 15378.) IMPACT ON FINANCIAL AND PERSONNEL RESOURCES: There are no significant fiscal or personnel impacts associated with approval of the appropriation limit. BACKGROUND: Proposition 4, known as the Gann Initiative, was approved by California vot ers in 1979, adding Article 13B to the California Constitution. This Article established an annual limit on the appropriations of tax proceeds for government agencies , also known as the Gann Limit. In 1990, the article was modified by Proposition 111 and SB 88, which included new adjustment formulas that allow cities a choice in methodologies for determining both the annual growth and inflation factors. The annual population growth factor can be calculated by using the greater of the City or the County population growth. Agencies have a choice of using the growth in California per capita personal income or the growth in non-residential assessed valuation due to new construction within their city. The City’s calculation uses the changes in California per capita personal income and the County of San Luis Obispo’s population as adjustment factors. In May 2025, the California Department of Finance released population and per capita personal income information. The population between January 202 4 and January 2025 for the City decreased by six-tenths of one percent (-0.6%) and the County population decreased by zero point one percent (-0.1%). For FY 2024-25, the change in per capita Page 14 of 211 Item 9.b. City Council Resolution Accepting the Fiscal Year 2025-26 Appropriation Limit (Gann Limit) June 24, 2025 Page 2 personal income from the prior year increased by six and forty-four hundredths percent (6.44%). In accordance with Proposition 111, the City’s annual spending limit must be approved by the City Council at the beginning of each fiscal year. The limit is calculated using the previous year’s appropriation limit ($28,875,036), multiplied by the per capita personal income percentage increase (6.44%), and multiplied again by the greater available population growth factor, which for FY 2024-25 is the County’s -0.1%. ANALYSIS OF ISSUES: The City is responsible for separating citywide revenu es between tax and non-tax revenue and applying the formula to the cumulative appropriation limit. For FY 202 5-26, the appropriation limit has been calculated to be $30,708,601. This calculation means the City cannot appropriate more than $30,708,601 of tax-based revenues in FY 2025-26. The estimated proceeds of taxes subject to the appropriation limit for the proposed FY 2025- 26 budget is estimated to be $27,233,700, which is approximately $3.5 million less than the appropriation limit. Therefore, the City is in compliance with Article XIIIB of the California Constitution. ALTERNATIVES: The following alternatives are provided for the Council’s consideration: 1. Adopt a Resolution establishing the appropriation limit for FY 202 5-26; 2. Revise and adopt a Resolution establishing the appropriation limit for FY 2025-26; or 3. Provide other direction to staff. ADVANTAGES: Adoption of the Resolution establishing the appropriation limit for FY 2025-26 will ensure that the City is in compliance with Article 13B of the California Constitution. DISADVANTAGES: There are no disadvantages identified with the recommended action. ENVIRONMENTAL REVIEW: Establishing the appropriation limit for FY 2025-26 is not a project subject to the California Environmental Quality Act (“CEQA”) because it has no potential to result in either a direct, or reasonably foreseeable indirect, physical change in the environment. (State CEQA Guidelines, §§ 15060, subd. (c)(2)-(3), 15378.) PUBLIC NOTIFICATION AND COMMENTS: The Agenda was posted at City Hall and on the City’s website in accordance with Government Code Section 54954.2. ATTACHMENTS: 1. Resolution Page 15 of 211 ATTACHMENT 1 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING A TAX PROCEEDS EXPENDITURE APPROPRIATION LIMIT FOR FISCAL YEAR 2025-26 WHEREAS, Government Code sections 7900 et seq. provide for the effective and efficient implementation of Article XIIIB of the California Constitution; and WHEREAS, Government Code sections 7901 through 7914 provide that each year, the governing body of each local jurisdiction shall, by resolution adopted at a regularly scheduled meeting, establish the annual adjustment factors to be used and the tax proceeds expenditure appropriation limit; and WHEREAS, establishing the appropriation limit for Fiscal Year 2025-26 is not a project subject to the California Environmental Quality Act (“CEQA”) because it has no potential to result in either a direct, or reasonably foreseeable indirect, physical change in the environment. (State CEQA Guidelines, §§ 15060, subd. (c)(2)-(3), 15378.) NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Arroyo Grande as follows: 1. The recitals above are true and correct and are incorporated herein by reference, and adopted as findings by the City Council. 2. The California per capita income and the population for the County of San Luis Obispo, California are recognized as the annual adjustment factors for Fiscal Year 2025-26. 3. The appropriation limit for Fiscal Year 2025-26 is hereby set at thirty million, seven hundred eight thousand, six hundred and one dollars ($30,708,601). 4. Documentation used in the determination of the tax proceeds expenditure appropriation limit is attached hereto as Exhibit A and incorporated herein by this reference. 5. This Resolution is effective on its date of adoption. On motion of Council Member , seconded by Council Member , and on the following roll call vote, to wit: AYES: NOES: ABSENT: the foregoing Resolution was passed and adopted this 24th day of June, 2025. Page 16 of 211 ATTACHMENT 1 RESOLUTION NO. PAGE 2 ______________________________ CAREN RAY RUSSOM, MAYOR ATTEST: JESSICA MATSON, CITY CLERK APPROVED AS TO CONTENT: ______ MATTHEW DOWNING, CITY MANAGER APPROVED AS TO FORM: ISAAC ROSEN, CITY ATTORNEY Page 17 of 211 ATTACHMENT 1 EXHIBIT A Appropriation limit for 2024-25 28,875,036 (A) Multiplied by the appropriation limit change factors: Per Capita Personal Income Change:6.44% = 100 Population Factor - San Luis Obispo County 2024 279,568 2025 279,337 -0.1% (231) == 279,337 100 Appropriation limit factor: (B x C)1.0635 (D) APPROPRIATION LIMIT FOR FISCAL YEAR 2025-26 (A x D)30,708,601$ 27,233,700$ Amount under (over) limit 3,474,901 ESTIMATED 2025-26 PROCEEDS OF TAXES SUBJECT TO APPROPRIATION LIMIT 1.0644 Conversion to ratio:(231) -0.1% +100 0.99917 (C)0.99917 CITY OF ARROYO GRANDE CALCULATION OF APPROPRIATION LIMIT FROM TAX PROCEEDS FOR FISCAL YEAR 2025-26 Conversion to ratio:6.44% +100 1.0644 (B) Page 18 of 211