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File #: 19-0781    Version:
Type: Agenda Item Status: Approved
File created: 5/3/2019 In control: Board of Supervisors
On agenda: 6/11/2019 Final action: 6/11/2019
Title: HEARING - Auditor-Controller recommending the Board adopt and authorize the Chair to sign Resolution 090-2019 for the Appropriations Limit for Fiscal Year 2019-20. (Cont. 5/21/19, Item 2) (Est. Time: 5 Min.) FUNDING: N/A
Attachments: 1. A - Prop 4 Limit JHarn Ltr 05-01-19, 2. B - PROP 4 Attachment I 2019 2020, 3. C - 2017_18P4 Actual Revenues Attachment II, 4. D - 2018_19P4 Adopted Revenues Attachment III, 5. E - Prop 4 Resolution, 6. F - Blue Route Prop 4 Reso, 7. Executed Resolution 090-2019

Title

HEARING - Auditor-Controller recommending the Board adopt and authorize the Chair to sign Resolution 090-2019 for the Appropriations Limit for Fiscal Year 2019-20. (Cont. 5/21/19, Item 2) (Est. Time:  5 Min.)

 

FUNDING:  N/A

Body

DISCUSSION / BACKGROUND

In accordance with the provisions of the spending limitation legislation implementing Proposition 4 (1979 Gann Initiative), before considering the adoption of a budget for the next fiscal year, your Board should adopt a new appropriations limit.  Government Code Section 7910 requires that the governing body of each local jurisdiction establish its appropriations limit by resolution for the following fiscal year at a regular or special meeting.  The law provides that your Board should hold a hearing for the purpose of receiving testimony and other evidence regarding the appropriations limit, and that the data used in developing the proposed limit be available for more than fifteen (15) days prior to the hearing.  The data used in developing the growth over the prior limit has been available and the proposed limit for Fiscal Year 2019-2020 has been computed.

 

Attachment I presents a comparison of the “adopted limits” and actual “tax proceeds” for prior fiscal periods and an estimate of the current fiscal period.  Attachment II presents the schedule detailing the Proposition 4 compliance for Fiscal Year 2017-2018 actual revenues.  Attachment III presents the schedule detailing a projection of Proposition 4 compliance for Fiscal Year 2018-2019 adopted revenues.

 

ALTERNATIVES

N/A

 

PRIOR BOARD ACTION

N/A

 

OTHER DEPARTMENT / AGENCY INVOLVEMENT

N/A

 

CAO RECOMMENDATION / COMMENTS

Approve as recommended. 

 

FINANCIAL IMPACT

No Fiscal Impact

 

CLERK OF THE BOARD FOLLOW UP ACTIONS

Clerk of the Board to forward one executed resolution to the Auditor-Controller's Office.

 

STRATEGIC PLAN COMPONENT

N/A

 

CONTACT

Joe Harn