HomeMy WebLinkAbout25036RESOLUTION NO. 25036
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, ADOPTING AN
APPROPRIATIONS LIMIT FOR FISCAL YEAR 2022 — 2023
ENDING ON JUNE 30, 2023.
WHEREAS, the voters approved the Gann Spending Limitation Initiative
(Proposition 4) on November 6, 1070, adding Article XIIIB to the Constitution of the State
of California to establish and define annual appropriation limits on state and local
government entities, including the City of Palm Springs; and
WHEREAS, Chapter 120-5 of the Revenue and Taxation Code Section 7910
(which incorporates California Senate Bill 1352) provides for the implementation of Article
XIII B; and
WHEREAS, the required calculation to determine the Appropriations Limit for
Fiscal Year 2022 — 2023 ending on June 30, 2023, has been performed by the Finance
Department of the City of Palm Springs based on available information using current
guidelines provided by the State Department of Finance; and
WHEREAS, the City Council of the City of Palm Springs desires to formally adopt
that appropriations limit for the City; and
WHEREAS, the options for calculation will be California Per Capita Income and
the City of Palm Springs population growth.
THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY
RESOLVE AS FOLLOWS:
SECTION 1. In accordance with Article XIII B of the Constitution of the State of
California, the appropriations limit for the City of Palm Springs for Fiscal Year 2022 — 2023
ending on June 30, 2023, is $206,705,983 as represented on the calculation included
herewith.
ADOPTED THIS 30TH DAY OF JUNE, 2022.
JUSTIN LIFTON
CITY MANAGER
ATTEST:
MONIQUE-M. L MELI CMC
INTERIM CITY LERK
Resolution No. 25036
Page 2
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE) ss.
CITY OF PALM SPRINGS)
I, MONIQUE M. LOMELI, Interim City Clerk of the City of Palm Springs, hereby
certify that Resolution No. 25036 is a full, true and correct copy, and was duly adopted at
a regular meeting of the City Council of the City of Palm Springs on June 30, 2022, by
the following vote:
AYES: Councilmembers Holstege, Kors, Woods, Mayor Pro Tern Garner, and
Mayor Middleton
NOES:
ABSENT:
ABSTAIN:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the
City of Palm Springs, California, this day of J La, L, _ 2�22 .
MONIQUE M. LOME , CMC
INTERIM CITY CLERK
Resolution No. 25036
Page 3
CITY OF PALM SPRINGS - APPROPRIATON LIMIT CALCULATION FY 2022-23 PROPOSED BUDGET
Proceeds
Interfund
FUND NAME
FUND #
of taxes
Revenues Interest
Other
Total
General Fund
001
139,712,393
2,312,247 500,000
45,749,833
188,274,473
Small Hotel TBID
119
-
- -
700,000
700,000
Forfeited Assets
120
-
- -
- V
-
Safety Augmentation
121
1,125,078
- -
-
1,125,078
CSA 152
124
459,100
- -
-
459,100
Recycling
125
- -
223,457
223,457
V illagefest
127
-
-
-
Parking
131
-
- -
-
-
Parking Capital Programs
132
-
- -
-
-
Gas Tax Improvement
133
1,394,633
- -
-
1,394,633
Measure
134
3,151,000
- -
3,832,736
6,983,736
Drainage
135
-
- -
301,050
301,050
Emergency Response Fee
136
1,020,000
- -
-
1,020,000
CDBG
137
-
- -
1,289,197
1,289,197
Sustainability
138
-
- -
525,078
525,078
Master Lease
139
--
CFD Public Safety #1
140
1,007,000
- -
-
1,007,000
Land/Lite/Park Maint Dst
141
235,880
- -
-
235,880
AQMD
149
-
- -
62,000
62,000
Public Arts
150
-
- 1,000
180,000
181,000
Library Endowment
151
-
- -
-
-
Quimby Act Fees
152
-
- 70,000
580,000
650,000
Special Projects
160
-
- -
100,000
100,000
Special Grants
170
-
- -
-
Capital Improvements
261
-
- -
-
-
Debt Service Fund
301
-
9,819,450 -
-
9,819,450
Airport Customer Fac
405
-
- 320,000
7,145,000
7,465,000
Airport PFC
410
-
- 50,000
6,817,000
6,867,000
Airport
415
-
- 100,000
40,969,398
41,069,398
Airport Capital Projects
416
-
- -
12,038,000
12,038,000
WWTP
420
-
- 150,000
11,857,000
12,007,000
Golf Course
430
-
- -
4,985,578
4,985,578
MVR
510
-
- -
14,192,370
14,192,370
Facilities Maintenance
520
-
- -
13,217,500
13,217,500
PERS
530
-
- -
25,892,700
25,892,700
Risk Management
540
-
- -
20,854,074
20,854,074
Retiree Health Insurance
541
-
- -
3,980,682
3,980,682
Energy
550
-
- -
1,930,000
1,930,000
Equip Replacement
570
1,500,000
1,500,000
Housing Successor
879
-
- -
-
SUB -TOTAL
148,105,084
12,131,697 1,191,000
218,922,653
380,350,434
Enterprise/Internal Service
-
- (620,000)
(165,379,302)
(165,999,302)
TOTAL
148,105,084
12,131,697 571,000
53,543,351
214,351,132
Resolution No. 25036
Page 4
INTEREST EARNINGS PRODUCED BY TAXES 2022/202c
A
Non Interest Tax Proceeds
148,105,084
B
Minus Exclusions
-
C
Net Invested Taxes (A - B)
148,105,084
D
Total Non Interest Budget
213,780,132
E
Tax Proceeds as Percent of Budi
69.28%
F
Interest Earnings
571,000
G
Interest Earned From Taxes (E x
395,584
H
Interest Earned From Non Taxes
175,416
WORKSHEET#4 2022/2023
A Proceeds of Taxes 148,105,084
B Exclusion -
C Appropriation Subject to Limit 148,105,084
D Current Year Limit (2022/2023) 206,705,983
E Over (Under) Limit (C-D) (58,600,899)
Resolution No. 25036
Page 5
CITY OF PALM SPRINGS
APPROPRIATION LIMIT CALCULATION
2022/2023
A Last Year's Limit (2021/2022) 192,947,738
B Adjustment Factors
1. Population % 0.9961
2. Per Capita Personal Income % 1.0755
Total Adjustment (B1 X B2) 1.07131
C Annual Adjustment ((B-1.00)*A) 13,758,245
D Other Adjustments -
E Total Adjustments 13,758,245
F This Years Limit (A+E) (2022/2023) 206,705,983