2014-66 RESOLUTION NO. 2014-066
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAND TERRACE, CALIFORNIA, REVISING THE
APPROPRIATIONS LIMIT FOR FISCAL YEAR 2014-15
WHEREAS, Article X111B of the California Constitution and Section 7910 of the
California Government Code require that each year the City of Grand Terrace shall by
resolution, establish an Appropriations Limit for the fiscal year; and
WHEREAS, on June 24, 2014, the City Council adopted Resolution No. 2014-023,
establishing the Appropriations Limit for Fiscal Year 2014-15 at$11,399,967; arid
WHEREAS, the cost-of-living adjustment ("price factor") used-.in the Appr6priations
Limit calculation was based on the change in California per capita personal incon3e of-0�3%, as
provided by the California Department of Finance; and
WHEREAS, an alternate cost-of-living adjustment ("price facto??)"was'allowable in the
calculation based on the change in the City's assessed valuation from 20.11.to 2014 due to the
addition of non-residential new construction, as provided by the County Assessor's Office; and
WHEREAS, the above assessed valuation data was not available at the time Resolution
( No. 2014-023 was adopted; and
WHEREAS, the assessed valuation data was provided by the County Assessor's Office
subsequent to adoption of Resolution No. 2014-023, indicating that there was no change in
assessed valuation from 2013 to 2014 due to non-residential new construction; and
WHEREAS, using the assessed valuation change of 0.00% rather than the change in per
capita personal income of -0.23%, results in a revision to the City's Appropriations Limit for
Fiscal Year 2014-15, from $11,399,967 to $11,426,043; increasing the remaining appropriations
capacity from.$8,535,336 to $8,561,412.
;\NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF GRAND TERRACE,
CALIFORNIA,DOES HEREBY RESOLVE AS FOLLOWS:
1. That Resolution No. 2014-023 is hereby repealed.
2. That $11,426,043 is hereby established as the revised Appropriations Limit for the City
of Grand Terrace for Fiscal Year 2014-15.
3. The City Council hereby adopts the findings and methods of calculation set forth in
Exhibit A (Appropriations Limit Calculation—Revised) and Exhibit B (Proceeds of Tax
Calculation).
RESOLUTION NO. 2014-066 PAGE 1 OF 4 OCTOBER 14, 2014
BE IT FURTHER RESOLVED that this Resolution shall take effect immediately up the
date of its adoption.
PASSED, APPROVED AND ADOPTED by the City Council of Grand Terrace at a
regular meeting held on the 141h day of October, 2014.
Mayor of the City of Grand Terrace
and the City Council thereof
ATTEST:
City er 1 and Terr c
I PAT JACQUEZ-NARES, CITY CLERK of the City of Grand Terrace, California, do hereby
certify that the foregoing Resolution was adopted at a regular meeting of the City Council of the
City of Grand Terrace held on the 141h day of October, 2014,by the following vote:
AYES: Council Members McNaboe, Mitchell, Robles,Mayor Stanckiewitz
NOES: None
ABSENT: None
ABSTAIN: None ,
Pat Jacquez-N r C Clerk =
APPROVED AS TO FORM:
City ttorney
RESOLUTION NO. 2014-066 PAGE 2 OF 4 OCTOBER 14, 2014
\ EXHIBIT A
CITY OF GRAND TERRACE
APPROPRIATIONS(GANN)LIMIT CALCULATION-REVISED
FISCAL YEAR 2014-15
APPROPRIATIONS SUBJECT TO THE LIMIT
FY 2014415 Total Revenue(1) .6,524,250
Less Non-Proceeds of Tax 3,659,619
A) Total Appropriations Subject to the Limit 2,864,631
APPROPRIATIONS LIMIT
B) FY 2013-14 Appropriations Limit 11,337,610
C)..Change Factor % Increase Factor
Cost of Livin A7di7US—tM—
,e n,AQP i F-el Factor" K2,) OT00 1.0000
Population Adjustment("Population Factor")(3) 0.78 1.0078
Change Factor(0.9977 x 1.0078) 1.0078
D) Increase(decrease)in Appropriations Limit 88,433
E) FY 2014-16 Appropriations Limit(B x C) . 11,426,043
REMAINING APPROPRIATIONS CAPACITY (E-A) 8,561,412
� 1
Remaining Capacity as Percent of the FY 2014715
Appropriations Limit 74.93%
(1) Revenues are based on FY 2014-15 Adopted Budget(all City funds excluding Successor Agency).
(2) Percent of Change in Grand Terace assessed valuation due to addition of non-residential new construction(per County Assessor's Office)
(3) Percent of Change in County of San Bernardino Population(per State Department of Finance)
C ,
RESOLUTION NO. 2014-066 PAGE 3 OF 4 OCTOBER 14, 2014
EXHIBIT B ,
CITY OF GRAND TERRACE
APPROPRIATIONS(GANN)LIMIT
PROCEEDS OF TAX CALCULATION_
FISCAL YEAR 2014-15
BUDGETED BUDGETED
PROCEEDS NON-PROCEEDS TOTAL
REVENUE SOURCE OF TAX OF TAX REVENUE
TAXES
Property Tax(1) $. 1,730,570 $ 1,730,570
Sales Tax(2) 1,047,000 1,047,000
Business License Tax 81,700 81,700
FEES
Franchise Fees $ 480,000 480,000
Building Fees 106,000 106,000
Planning Fees 37,900 37,900
Other Permits/Fees 247,100 247,100
Residual Receipts Agreement - -
Intergovemmental 35,000 35,000
Use of Property/Other 315,000 315,000
Child Care Fees 1,207,650 1,207,650
Waste Water Disposal'Fees - -
Gas Tax/_Highway User Fees 324,400 .324,40.0
Measure"I"Transportation 170,000 170,000
SLESF(AB 3229 COPS) 100,000 100,000
CDBG 49,530 49,530
Other 468,400 468,400
OPERATING BUDGET SUBTOTAL $ 2,859,270 $ 3,540,980 $ 6,400,250
%of Total 44.67% 55.33% 100.00%0
:Interest Allocation(3) 5,361 6,639 12,000
CAPITAL PROJECT FUNDING
Gas Tax/Measure"I"/Transfers 112,000 112,000
State Grants - -
Bond Proceeds - -
CAPITAL PROJECT SUBTOTAL $ $ 112,000 $ 112,000
TOTAL $ 2,864,631 $ 3,659,619 $ 6,524,250
Revenues are based on FY 2014-15 Adopted Budget(all City funds excluding Successor Agency).
Notes:
(1)Includes Property Tax In-Lieu of Vehicle License Fees&RPTTF Residual Receipts
(2)Includes Property Tax In-Lieu of Sales Tax
(3)Based on percentage of Tax/Non-Tax Proceeds
RESOLUTION NO. 2014-066 PAGE 4 OF 4 OCTOBER 14,2014