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HomeMy WebLinkAbout02. Authorize a public notice to indicate availablity of documentation in support of Central San's Appropriations Limit for Fiscal Year 2017-18 Page 1 of 4 Item 2. CENTRAL SAN BOARD OF DIRECTORS ' POSITION PAPER MEETING DATE: AUGUST 3, 2017 SUBJECT: AUTHORIZE A PUBLIC NOTICE TO INDICATE AVAILABILITY OF DOCUMENTATION IN SUPPORT OF CENTRAL SAN'S APPROPRIATIONS LIMIT FOR FISCAL YEAR 2017-18 SUBMITTED BY: INITIATING DEPARTMENT: THEA VASSALLO, CPA, CMA ADMINISTRATION-FINANCE REVIEWED BY: PHIL LEIBER, DIRECTOR OF FINANCE AND ADMINISTRATION Roger S. Bailey General Manager ISSUE The Central Contra Costa Sanitary District(Central San) is required to establish its appropriations limit in accordance with Article XI I I B of the California Constitution. This is a recurring matter which takes place annually. BACKGROUND Proposition 4 was approved on November 6, 1979, and was incorporated in the California Constitution as Article XIII B. As amended,Article XI I I 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. (Tax revenue to Central San comes from ad valorem taxes.) It limits appropriations of state and local governments to the appropriations of the 1978-79 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 XI I I B requires government agencies to establish their appropriations limit by resolution each year August 3, 2017 Regular Board Meeting Agenda Packet- Page 16 of 132 Page 2 of 4 at a regularly scheduled meeting. The appropriations limit is open to challenge within 45 days of the effective date of the resolution. M ethodoloay: The appropriations limit is increased annually by a factor comprised of the change in population combined with either: 1. The change in California per capita personal income, or 2. The change in the local assessment roll due to local nonresidential construction. The Board is to select between the two methods. The percentage change in California per capita personal income for Fiscal Year(FY) 2017-18 is 3.69%. With regard to the change in local assessment roll due to nonresidential construction, the County used to provide that information, but after converting to a new computer system several years ago, the report needed to calculate the percentage change is no longer generated. I n previous years, even when the report was available, Central San has consistently used the per capita method of calculation because historically it has been the larger of the two factors. Last year's appropriations limit was $100,366,833. Using the 3.69% per capita personal income factor, and after adjusting for the annual change in population by 1.13%, the appropriations limit for FY 2017-18 is calculated to be $105,246,364. This limit is set on Central San's proceeds of taxes. Central San expects to receive approximately$15.9 million in ad valorem tax revenue for FY 2017-18, which is well below the appropriations limit. ALTERNATIVES/CONSIDERATIONS Since the County no longer generates the report necessary to utilize the second method of calculating the appropriations limit (see above), the District must calculate the appropriations limit using the California per capita personal income percentage change. FINANCIAL IM PACTS None. COMMITTEE RECOMMENDATION No Committee review is necessary for this matter. RECOMMENDED BOARD ACTION Authorize a public notice (see Attachment 1)advertising that documentation used in determining the appropriations limit shall be available fifteen days prior to the Board meeting to be held on September 7, 2017, at which the appropriations limit for FY 2017-18 will be adopted. GOAL THREE:Be a Fiscally Sound and Effective Water Sector Utility Strategy 1 - Conduct Long-Range Financial Planning ATTACHMENTS: August 3, 2017 Regular Board Meeting Agenda Packet- Page 17 of 132 Page 3 of 4 1. Pro Forma Public Notice August 3, 2017 Regular Board Meeting Agenda Packet- Page 18 of 132 Page 4 of 4 CENTRAL CONTRA COSTA SANITARY DISTRICT PUBLIC NOTICE The Board of Directors of the Central Contra Costa Sanitary District will, at its meeting to be held at the District offices, 5019 Imhoff Place, Martinez, California, at 1:30 p.m. on September 7, 2017, consider the adoption of the Appropriations Limit for Fiscal Year 2017-18 in accordance with Article XIII B (Proposition 4) of the State of California Constitution. Documentation in support of the Appropriations Limit is available at the District Offices, 5019 Imhoff Place, Martinez, for review by persons interested in this matter. /s/ Elaine Boehme Elaine R. Boehme, CMC Secretary of the District Central Contra Costa Sanitary District Contra Costa County, California Publish: August 16, 2017 August 3, 2017 Regular Board Meeting Agenda Packet- Page 19 of 132