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HomeMy WebLinkAbout04.d. Authorize public notice re appropriations limitCentral Contra Costa Sanitary District BOARD OF DIRECTORS / • �• POSITION PAPER Board Meeting Date: August 4, 2011 Subject: AUTHORIZE A PUBLIC NOTICE TO INDICATE AVAILABILITY OF DOCUMENTATION IN SUPPORT OF THE DISTRICT'S APPROPRIATIONS LIMIT Submitted By Debbie Ratcliff, Controller Initiating Dept. /Div.: Administrative / Finance & Accounting REVIEWED AND RECOMMENDED FOR BOARD ACTION: D. Ratcli R. M�, gra s, Admin James M. elly, Controller Services Director General nager ISSUE: The Central Contra Costa Sanitary District is required to establish its appropriations limit in accordance with Article XIII B of the California Constitution. RECOMMENDATION: Authorize a public notice advertising that documentation used in the determination of the appropriations limit shall be available fifteen days prior to the Board Meeting to be held on September 1, 2011, at which the appropriations limit for the Sewer Construction Fund for the fiscal year of 2011 -2012 will be established. FINANCIAL IMPACTS: None ALTERNATIVES /CONSIDERATIONS: The appropriations limit can be calculated using the California per capita personal income percentage change of 2.51 % or the local assessment roll due to local non - residential construction of - 48.9 %. BACKGROUND: Proposition 4 was approved on November 6, 1979, and was incorporated in the California Constitution as Article XIII B. As amended, Article XIII B imposes a limit on the rate of growth in governmental spending. Specifically, this limits the spending of tax revenue plus interest earned on tax revenue. It limits appropriations of state and local governments to the appropriations of the 1978 -1979 base year adjusted in each subsequent year for changes in the California per capita personal income from the preceding year or the percentage change in the local assessment roll from the preceding year due to the addition of local nonresidential new construction. Article XIII B requires government agencies to establish their appropriations limit by resolution each year at a regularly scheduled meeting. Notice to the public of availability of documentation in support of the appropriations limit must be given fifteen days prior to adoption. The appropriations limit is open to challenge within 45 days of the effective date of the resolution. N:\ ADMINSUP \ADMIN \POSPAPER\Authorize Public Notice 08- 04- 11.doc POSITION PAPER Board Meeting Date: August 4, 2011 subject. AUTHORIZE A PUBLIC NOTICE TO INDICATE AVAILABILITY OF DOCUMENTATION IN SUPPORT OF THE DISTRICT'S APPROPRIATIONS LIMIT Methodology: The appropriations limit is increased annually by a factor comprised of the change in population combined with either the change in California per capita personal income or the change in the local assessment roll due to local nonresidential construction. The Board is to select between the per capita personal income or the change in the local assessment roll due to local nonresidential construction by a recorded vote. The change in the local assessment roll for the 2011 -2012 fiscal year has been reported by the County Assessor to be - 48.9 %. The California per capita personal income percentage change is 2.51 %. The change in the California per capita personal income percentage is being used in the calculation of the 2011- 2012 appropriations limit since it is the larger of the two (2) factors. Last fiscal year's appropriations limit was calculated to be $77,663,616. The appropriations limit for 2011 -2012 is calculated to be $80,226,515. This limit is set on the District's proceeds of taxes. The District receives approximately $12.5 million in taxes which is well below the limit. RECOMMENDED BOARD ACTION: Authorize a public notice advertising that documentation used in the determination of the appropriations limit shall be available fifteen days prior to the Board Meeting to be held on September 1, 2011, at which the appropriations limit for the Sewer Construction Fund (tax revenue plus interest) for the fiscal year of 2011 -2012 will be established. N:\ ADMINSUP \ADMIN \POSPAPER\Authorize Public Notice 08- 04- 11.doc