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DATE: December 18, 2013 CONSENT CALENDAR
SUBJECT: SPECIAL TAX ANNUAL REPORTING FOR FISCAL YEAR 2012-13
FROM: David H. Ready, City Manager
BY: Department of Finance and Treasury
SUMMARY
Section 50075.3 of the Government Code requires the filing of an annual report with the
governing body containing the amount of funds collected and expended in each of the
City's Community Facilities Districts.
RECOMMENDATION:
Receive and file Government Code Section 50075.3 the reports relating to special taxes
levied in the City's Community Facilities District No. 2005-1 and Community Facilities
District No. 2007-1 for Fiscal Year 2012-13.
STAFF ANALYSIS:
Senate Bill 165 enacted the Local Agency Special Tax and Bond Accountability Act
(Act), which among other things, added Sections 50075.1 and 50075.3 to the
Government Code. The Act requires that any local special tax or local bond measure
subject to voter approval contain a statement indicating the specific purposes of the
special tax, require that the proceeds of the special tax be applied to those purposes,
require the creation of an account into which the proceeds shall be deposited, and
require an annual report containing specified information concerning the use of the
proceeds. The Act only applies to any local special tax measure or local bond measure
adopted on or after January 1, 2001 in accordance with Section 50075.1 of the
Government Code.
The City has formed two Community Facilities Districts -- Community Facilities District
No. 2005-1 (Public Safety Services) and Community Facilities District No. 2007-1 (Tribal
Land). Both districts were formed to finance the costs and expenses of providing public
safety services and related equipment on a pay-as-you go basis from an annual special
tax levy. The special taxes are subject to the Act.
ITEM NO. __
City Council Staff Report
December 18, 2013 - Page 2
Special Tax Annual Reporting for Fiscal Year 2012-13
Some of the requirements of the Act are handled at the formation of the community
facilities district and others are handled through annual reports. The attached reports
have been prepared to comply with Section 50075.3 of the Government Code which
requires the chief fiscal officer of the issuing local agency file a report with its governing
body at least once a year containing the amount of funds collected and expended and
the status of any project required or authorized to be funded.
The special taxes levied in the Community Facilities Districts are not levied to fund
projects, they are levied to finance the costs and expenses of providing public safety
services to the City of Palm Springs.
No action is required by the City Council other than to receive and file these reports.
FISCAL IMPACT:
None.
Geoffrey S. Kehl ames Thompson
Director of Finance and Treasurer Chief of Staff/City Clerk
David H. Ready
City Manager
Attachments:
CFD 2005-1 Report
CFD 2007-1 Report
02
SENATE BILL 165
Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax
and Bond Accountability Act (the "Act'). The Act requires that any local special tax or local bond measure subject
to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds
of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be
deposited, and require an annual report containing specified information concerning the use of the proceeds. The
Act only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001 in
accordance with Section 50075.1 or Section 53410 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the special tax district and others are handled
through annual reports. This section of this report intends to comply with Section 50075.3 or Section 53411 of the
California Government Code that states:
"The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1,
2002, and at least once a year thereafter. The annual report shall contain all of the following:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of Section
50075.1 or Section 53410."
The requirements of the Act apply to the Funds of:
City of Palm Springs
Community Facilities District No. 2005-1
District Formed September 7, 2005
Purpose of Special Tax
Community Facilities District No. 2005-1 (Public Safety Services) (the "District") was formed to finance the costs
and expenses of providing public safety services to the City of Palm Springs (the "City"). The services provided
include: Police services, fire protection and suppression services, and life safety services of the City required to
sustain the service delivery capability for emergency and non-emergency services to new growth areas of the City,
including but not limited to (i) the costs of contracting services, (ii) equipment, vehicles, ambulances and
paramedics, fire apparatus, supplies, (iii) the salaries and benefits of City staff that directly provide police services
and fire protection and suppression services and life safety services, respectively, and (iv) City overhead costs
associated with providing such services within the District.
Collections & Expenditures
06/3012012 2012/13 0613012013 Expended
Fund Balance Collected Balance Amount Service Status
Special Tax Fund $252,535.55 $334,471.20 $274,084.40 $312,922.35 Ongoing
03
SENATE BILL 165
Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax
and Bond Accountability Act (the "Act'). The Act requires that any local special tax or local bond measure subject
to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds
of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be
deposited, and require an annual report containing specified information concerning the use of the proceeds. The
Act only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001 in
accordance with Section 50075.1 or Section 53410 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the special tax district and others are handled
through annual reports. This section of this report intends to comply with Section 50075.3 or Section 53411 of the
California Government Code that states:
"The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1,
2002, and at least once a year thereafter. The annual report shall contain all of the following:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of Section
50075.1 or Section 53410."
The requirements of the Act apply to the Funds of:
City of Palm Springs
Community Facilities District No. 2007-1
District Formed September 7, 2005
Purpose of Special Tax
Community Facilities District No. 2007-1 (Tribal Land) (the "District') was formed to finance the costs and expenses
of providing public safety services to the City of Palm Springs (the "City"). The services provided include: New
police services, fire protection and suppression services, and life safety services (the"Services") of the City of Palm
Springs required to sustain the service delivery capability for emergency and non-emergency services to new
growth areas of the City of Palm Springs, including but not limited to, equipment, vehicles, ambulances and
paramedics, fire apparatus, services, supplies and personnel.
Collections & Expenditures
06/3012012 2012113 06130/2013 Expended
Fund Balance Collected Balance Amount Service Status
Special Tax Fund $6,297.03 $6,814.94 $6,741.04 $6,370.93 Ongoing
04