HomeMy WebLinkAbout04. Set 09-05-19 as date to consider FY 2019-20 Appropriations Limit Page 1 of 2
Item 4.
CENTRAL SAN BOARD OF DIRECTORS
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POSITION PAPER
MEETING DATE: AUGUST 1, 2019
SUBJECT: SET SEPTEMBER 5, 2019AS THE DATE FOR BOARD CONSIDERATION
OF FISCAL YEAR 2019-20 APPROPRIATIONS LIMIT
SUBMITTED BY: INITIATING DEPARTMENT:
CHRIS THOMAS, FINANCE ADMINISTRATOR ADMINISTRATION-FINANCE
REVIEWED BY: KEVIN MIZUNO, FINANCE MANAGER
PHILIP LEIBER, DIRECTOR OF FINANCE AND ADMINISTRATION
ANN SASAKI, DEPUTY GENERAL MANAGER
Roger S. Bailey Kenton L.Alm
General Manager District Counsel
ISSUE
Central San is required to establish its annual appropriations limit in accordance with Article XI I I B of the
California Constitution, which imposes a limit (known as the "GANN Limit") on the rate of growth in
governmental spending of tax revenues.
BACKGROUND
Tax revenue to Central San comes from ad valorem property taxes. 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.
Article XI I I B requires government agencies to establish their appropriations limit by resolution each year
at a regularly scheduled meeting. I n accordance with California Government Code Section 7910, fifteen
August 1, 2019 Regular Board Meeting Agenda Packet- Page 23 of 50
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days prior to the meeting documentation used in the determination of the appropriations limit and other
necessary determinations shall be made available to the public. This year, the Fiscal Year 2019-20
appropriations limit will be considered by the Board at its meeting on September 5, 2019. Documentation
is available by contacting Secretary of the District Katie Young at kyoung@centralsan.org.
ALT ERNAT IVES/CONSIDERAT IONS
None.
FINANCIAL IMPACTS
None.
COMMITTEE RECOMMENDATION
No Committee review is necessary for this matter.
RECOMMENDED BOARD ACTION
Set September 5, 2019 as the date on which the Board will consider the Fiscal Year 2019-20
appropriations limit. Documentation used in the determination of the appropriations limit is available by
contacting Secretary of the District Katie Young at kyoung@centralsan.org.
Strategic Plan Tie-In
GOAL TWO: Strive to Meet Regulatory Requirements
Strategy 3- Comply with all federal, state, and local regulations related to District administration
August 1, 2019 Regular Board Meeting Agenda Packet- Page 24 of 50