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Resolution No. 2014-031RESOLUTION NO. 2014-31 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON ADOPTING AN APPROPRIATION LIMIT FOR THE 2014-2015 FISCAL YEAR, PURSUANT TO GOVERNMENT CODE SECTION 7910 WHEREAS, Section 7910, of the Government Code requires the governing body of each local jurisdiction to establish, by resolution, an appropriation limit for each fiscal year; and WHEREAS, the appropriation limit for fiscal year 2013-2014, was $962,096,932; and WHEREAS, the voters of the State of California passed Proposition 111 on June 5, 1990; and WHEREAS, under Proposition 111, a City is allowed to use either, (a) the change in California per capita income from the preceding year, or (b) the percentage change in the local assessment roll from the preceding year due to increases in nonresidential construction; and WHEREAS, the documentation used in the determination of the appropriation limit provided for herein has been made available for inspection by the public fifteen (15), days prior to this meeting; and WHEREAS, the City Council of the City of Vernon hereby intends to establish the appropriation.limit for fiscal year 2014-2015. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon hereby finds and determines that the above recitals are true and correct. SECTION 2: The City Council of the City of Vernon finds that this action is exempt under the California Environmental Quality Act (CEQA), in accordance with Section 15061(b)(3), the general rule that CEQA only applies to projects that may have an effect on the environment. SECTION 3: The City Council of the City of Vernon hereby establishes $988,993,313 as the amount of the appropriation limit for fiscal year 2014-2015, in accordance with the provisions of, Proposition 111. The computation is attached hereto as Exhibit A, which is incorporated herein by this reference. SECTION 4: The City Council of the City of Vernon has approved a budget by adopting a Resolution, which did not exceed the appropriation limit for fiscal year 2014-2015. SECTION 5: The City Council of the City of Vernon hereby declares that the budget established by Resolution complies with the re.quirements:of Government Code, Sections 7900, et seg. - 2 - SECTION 6: The City Clerk, or Deputy City Clerk, of the City of Vernon shall certify to the passage, approval and adoption of this resolution, and the City Clerk, or Deputy City Clerk, of the City of Vernon shall cause this resolution and the City Clerk's, or Deputy City Clerk's, certification to be entered in the File of Resolutions of the Council of this City. APPROVED AND ADOPTED this 17th day of June, 2014. ATTEST: Ana rci.a City Deputy City Clerk APPROVED AS TO FORM: 06 Name: W. Michael McCormick Title: Mayor / Scott E. Porter, Deputy City Attorney - 3 - STATE OF CALIFORNIA ) ss COUNTY OF LOS ANGELES ) kna Barcia I, -�y' Deputy City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 2014-31, was duly passed, approved and adopted by the City Council of the City of Vernon at a regular meeting of ;the City Council duly held on Tuesday, June 17, 2014, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. Executed this 11 day of June, 2014, at Vernon, California. (SEAL) ki A Bar ' �C-"y ` ' � Deputy City Clerk 4 - EXHIBIT A CITY OF VERNON APPROPRIATION LIMIT UNDER PROPOSITION 4 AND SECTION 7901 OF THE GOVERNMENT CODE A. CALCULATION OF BASE YEAR 1978-79 STEP 1. 1. Proceeds from Taxes Property taxes Othertaxes Investment earnings Revenue for Other -Agencies Less: Railroad Crossing Grant SUB -TOTAL Contribution from Enterprise Fund Miscellaneous TOTAL PROCEEDS FROM TAXES 2. Non -Proceeds from Taxes A. User Fees by Function Public Works Construction Permits Streets & Curbs Engineering Services SUB -TOTAL Health Food Vehicle Permits Public Health Permits SUB -TOTAL Police Police Services SUB -TOTAL TOTAL USER FEES B. Interfund Service Charges C. Cost -Reimbursement Items D. Donations and Grants (non -State) Railroad Crossing Grant E. Exempt Revenues -(Mandated Cost Reimbursement, Fines, Proceeds from Bond Issues) Fines, Forfeits, and Penalties TOTAL NON PROCEEDS FROM TAXES GRAND TOTAL STEP 2. 1. Match Cost to User Fees 2. Revenues less than Costs 3. No portion of User Fees considered "Proceeds of Taxes" STEP 3. 1. All Revenues of the City 2. Non Proceed of Taxes 3. User Fees in excess of Costs 4. Less Debt Service Appropriations TOTAL STEP 4. 1. Total all actual Appropriations, as amended for 1978.79 Transfers to Reserves 2. Subtract Non Proceeds of Taxes BASE YEAR LIMIT (1978-79) EXHIBIT "A" A-1 Page 1 of 7 1,061,619 4,890,969 302,913 831,739 9,277 822,462 7,077,963 1,549,490 5,306 8,632,759 121,551 1,604 82,706 205,862 15,516 47,578 63,094 5,944 5,944 274,899 0 0 9,277 67,303 351,479 8,984,238 8,984,238 (351,479) 0 0 8,632,759 8,586,750 3,988,675 12,575,425 (351,479) 12,223,946 CITY OF VERNON APPROPRIATION LIMIT UNDER PROPOSITION 4AND SECTION 7901 OF THE GOVERNMENT CODE B. 1979-80 APPROPRIATION LIMIT CALCULATION 1978-79 Appropriation Limit CPI change 10.17% Vernon population change 1.15% 1.1027 X 1.0115=1.11437 1979-80 Appropriation Limit C. 1980-81 APPROPRIATION LIMIT CALCULATION 1979-80 Appropriation Limit CPl change 12.11% Vernon population change -1.14% 1.1211 X .9886=1.1683 1980-81 Appropriation Limit D. 1981-82 APPROPRIATION LIMIT CALCULATION 1980-81 Appropriation Limit Per Capita income change 9.12% Vernon population change 4.60% 1.0912 X 1.0460=1.1414 1981-82 Appropriation Limit E. 1982-83 APPROPRIATION LIMIT CALCULATION 1981-82 Appropriation Limit Per Capital Income change 6.79% Vernon population change-4.35%' 1.0679 X .9565=1.02144635 1982-83 Appropriation Limit F. 1983-84 APPROPRIATION LIMIT CALCULATION 1982-83 Appropriation Umit Per Capita income change 2.35% Vernon population change 2.30% 1.0235 X 1.0230=1.0470 1983-84 Appropriation Limit G. 1984-85 APPROPRIATION LIMIT CALCULATION 1983-84 Appropriation Limit Per Capita Income change 4.74% Vernon population change -5,37% 1.0475 X .9463 = .9912 1984-85 Appropriation Limit H. 1985-86 APPROPRIATION LIMIT CALCULATION 1984-85 Appropriation Limit U.S. Consumer price index change 3.74% Vernon population change -3.46% 1.0374 X .9654=1.0017 1985-86 Appropriation Limit EXHIBIT "A" A-2 Page 2 of 7 12,223,946 X 1.11437 13,621,999 13,621,999 X 1.1083 15,097,261 15,097,261 X 1.1414 17,232,014 17,232,014 X 1.02144635 17,601,578 17,601,578 X 1.0470 18,428,852 18,428,852 X 0.9912 18,266,678 18,266,678 X 1.0017 18,297,731 CITY OF VERNON Page 3 of 7 APPROPRIATION LIMIT UNDER PROPOSITION 4AND SECTION 7901 OF THE GOVERNMENT CODE I. 1986-87 APPROPRIATION LIMIT CALCULATION 1985-86 Appropriation Limit 18,297,731 U.S. Consumer price index change 2.30% Vernon population change 6.17% 1.0230 X 1.0617=1.0861 X 1.0861 1986-37 Appropriation Limit 19,873,166 J. 1987-89 APPROPRIATION LIMIT CALCULATION 1986-87 Appropriation Limit 19,873,166 U.S. Consumer price index change 3.04% Los Angeles County population change 1.91% 1.0304 X 1.0191 = 1.0501 X 1.0501 1987-88 Appropriation Limit 20,868,812 K. 1988-89 APPROPRIATION LIMIT CALCULATION 1997-88 Appropriation Limit 20,868,812 U.S. Consumer price index change 3.93% Los Angeles County population change 1.62% 1.0393 X 1.0162=1.0562 X 1.0562 1988-89 Appropriation Limit 22,041,639 L. 1989-90 APPROPRIATION LIMIT CALCULATION 1988-89 Appropriation Umlt 22,041,639 U.S. Consumer price index change 4.98% Los Angeles County population change 1.141/ 1.0498 X 1.0114 = 1.0618 X 1.0618 1989.90 Appropriation Limit 23,403,812 M. 1990-91 APPROPRIATION LIMIT CALCULATION 1989-90 Appropriation Limit 23,403,812 Per Capita Income change 4.21% Los Angeles County population change 1.36% 1.0421 X 1.0136=1.0563 X 1,0563 1990-91 Appropriation Limit 24,721,447 N. 1991-92 APPROPRIATION LIMIT CALCULATION 1990-91 Appropriation Limit 24,721,447 Per Capita income change 4.14% Los Angeles County population change 1.73% 1.0414 X 1.0173=1,0595 X 1.0595 1991-92 Appropriation Limit 26,192,373 O. 1992-93 APPROPRIATION LIMIT CALCULATION 1991-92 Appropriation Limit 26,192,373 Increase in Nonresidential Construction 32.24% Los Angeles County population change 1.49% 1.3224 X 1.0149=1.3421 X 1.3421 1992-93 Appropriation Limit - 35,152,784 EXHIBIT "A" A-3 CITY OF VERNON Page 4 of 7 APPROPRIATION LIMIT UNDER PROPOSITION 4 AND SECTION 7901 OF THE GOVERNMENT CODE P. 1993-94 APPROPRIATION LIMIT CALCULATION 1992-93 Appropriation Limit 35,152,784 Per Capita income change 2.72% Las Angeles County population change.96% 1.0272 X 1.0096 = 2,0371 X 1.0371 1993-94 Appropriation Limit 36,456,952 Q. 1994-95 APPROPRIATION LIMIT CALCULATION 1993-94 Appropriation Umit 36,456,952 Increase in Nonresidential Construction 4.84% Los Angeles County population change .75% 1.0484 X 1.0075=1.05627 X 1.05627 1994-95 Appropriation Limit 38,508,385 R. 1995-96 APPROPRIATION LIMIT CALCULATION 1994-95 Appropriation Limit - 38,508,385 Per Capita income change 4.72% Los Angeles County population change .33% 1.0472 X 1.0033=1.0507 X 1.0507 1995-96 Appropriation Limit 40,460,760 S. 1996.97 APPROPRIATION LIMIT CALCULATION 1995-96 Appropriation Limit 40,460,760 Per Capita income change 4.67% Los Angeles County population change .48% 1.0467 X 1.0048 = 1.0517 X 1.0517 1996-97 Appropriation Limit 42,552,581 T. 1997-98 APPROPRIATION LIMIT CALCULATION 1996-97 Appropriation Limit 42,552,581 Per Capita Income change 4.67% Los Angeles County population change 1.24% 1.0467 X 1.0124=1.0597 X 1.0597 1997-98 Appropriation Limit 45,092,970 U. 1999-99 APPROPRIATION LIMIT CALCULATION 1997-98 Appropriation Limit - 45,092,970 Increase in Nonresidential Construction 9.91% Los Angeles County population change 1.39% 1.0991 X 1.0139 = 1.11 X 1.11 1998-99 Appropriation Limit 50,053,197 V. 1999-2000 APPROPRIATION LIMIT CALCULATION 1998-99 Appropriation Limit 50,053,197 Increase in Nonresidential Construction 15.35% Los Angeles County population change 1.78% 1.1535 X 1.0178=1.17 X 1.17 1999-2000 Appropriation Umlt 58,562,240 EXHIBIT "A" A-4 CITY OF VERNON Page 5of7 APPROPRIATION LIMIT UNDER PROPOSITION 4AND SECTION 7901 OF THE GOVERNMENT CODE W. 2000.2001 APPROPRIATION LIMIT CALCULATION 1999-2000 Appropriation Limit 56,562,240 Increase in Nonresidential Construction 10.24% Los Angeles County population change 1.75% 1.1024X 1.0175 = 1.1217 x 1.1217 2000-2001 Appropriation Limit 65,689,265 X. 2001-2002 APPROPRIATION LIMIT CALCULATION 2000-2001 Appropriation Limit - 65,689,265 Increase In Nonresidential Construction 25.96% Los Angeles County population change 1.66% 1.2596 X 1.0166=1.2805 x 1.2805 2001-2002 Appropriation Limit 84,115,104 Y. 2002-2003 APPROPRIATION LIMIT CALCULATION 2001-2002 Appropriation Limit 84,115,104 Increase in Nonresidential Construction 27.25% Los Angeles County population change 1.77% 1.2725 X 1.0177=1.2950 x 1.2950 2002-2003 Appropriation Limit 108,929,060 Z. 2003-2004 APPROPRIATION UNIT CALCULATION 2002.2003 Appropriation Limit 108,929,060 Increase in Nonresidential Construction 19.80% Los Angeles County population change 1.66% 1.1980 X 1.0166=1.2179 x 1.2179 2003-2004 Appropriation Limit 132,664,702 AA. 2004.2005 APPROPRIATION LIMIT CALCULATION 2003-2004 Appropriation Limit 132,664,702 Increase in Nonresidential Construction 22.03% Los Angeles County population change 1.38% 1.2203 X 1.0138=1.2371 x 1.2371 2004-2005 Appropriation Limit 164,119,503 BB. 2005-2006 APPROPRIATION LIMIT CALCULATION 2004-2005 Appropriation Limit 164,119,503 Per Capita Income change 5.26% Los Angeles County population change 1.18% 1.0526 X 1.0118=1.0650 x 1.0650 2005-2006 Appropriation Limit 174,787,271 CC. 2006-2007 APPROPRIATION LIMIT CALCULATION 2005-2006 Appropriation Limit 174,787,271 Increase in Nonresidential Construction 29.41% Los Angeles County population change .78% 1.2941 X 1.0078-1.3042 X 1.3042 2006-2007 Appropriation Limit 227,957,559 EXHIBIT "A" A-5 CITY OF VERNON Page 6 of 7 APPROPRIATION LIMIT UNDER PROPOSITION 4 AND SECTION 7901 OF THE GOVERNMENT CODE DD. 2007-2008 APPROPRIATION LIMIT CALCULATION 2006-2007 Appropriation Limit 227,957,559 Increase In Nonresidential Construction 9.44% Los Angeles County population change .72% 1.0944 X 1.0072 = 1.1023 X 1.1023 2007-2008 Appropriation Limit 251,277,617 EE. 2008-2009 APPROPRIATION LIMIT CALCULATION 2007-2008 Appropriation Limit 251,277,617 . Increase in Nonresidential Construction 11.82% Los Angeles County population change.86% 1.1182 X 1.0086=1.1278 X 1.1278 2008-2009 Appropriation Limit 283,390,896 FF. 2009.2010 APPROPRIATION LIMIT CALCULATION 2008-2009 Appropriation Limit 283,390,896 Increase in Nonresidential Construction 6.36% Los Angeles County population change .90% ' 1.0636 X 1.0090=1.0732 X 1.0732 2009-2010 Appropriation Limit 304,135,110 GG. 2010-2011 APPROPRIATION LIMIT CALCULATION 2009-2010 Appropriation Limit 304,135,110 Increase in Nonresidential Construction 21.45% Los Angeles County population change .83% - 1.2145 X 1.0083=1.22458 X 1.22458 2010-2011 Appropriation Limit 372,437,773 HH. 2011-2012 APPROPRIATION LIMIT CALCULATION - 2010-2011 Appropriation Limit 372,437,773 Increase in Nonresidential Construction 67.70% Los Angeles County population change.38% 1.6770 X 1.0038=1.683373 X 1.683373 2011-2012 Appropriation Limit 626,951,691 H. 2012-2013 APPROPRIATION LIMIT CALCULATION 2011-2012 Appropriation Limit 626,951,691 Increase in Nonresidential Construction 62.40% Los Angeles County population change .38% 1.6240 X 1.0038=1.630171 X 1.630171 2012-2013 Appropriation Umit 1,022,038,465 JJ. 2013-2014 APPROPRIATION LIMIT CALCULATION 2012.2013 Appropriation Limit 1,022,039,465 Increase In Nonresidential Construction -6.51% Los Angeles County population change .69% 0.9349 X 1.0069 = 0.941351 X 0.941351 2013-2014 Appropriation Limit 962,096,932 EXHIBIT "A" A-6 CITY OF VERNON APPROPRIATION LIMIT UNDER PROPOSITION 4AND SECTION 7901 OF THE GOVERNMENT CODE KK. 2014-2015 APPROPRIATION LIMIT CALCULATION 2013-2014 Appropriation Limit Per Capita Income change 2.00% Las Angeles County population change.78% 1.0200 X 1-0078 = 1.027956 2014-2015 Appropriation Limit EXHIBIT "A" A-7 Page 7 of 7 962,096,932 1.027956 988,993,313 TRANSMITTAL COMMUNICATION CITY CLERK'S OFFICE INTEROFFICE MEMORANDUM DATE: June 25, 2014 TO: William Fox, Finance Director/City Treasurer Masami Higa, Assistant Finance Director Joaquin Leon, Deputy City Treasurer FROM: Deborah Juarez, Records Management Assistant (/ RE: Resolution No. 2014-31 — A Resolution of the City Council of the City of Vernon Adopting an Appropriation Limit for the 2014 — 2015 Fiscal Year, Pursuant to Government Code Section 7910 Transmitted herewith is a copy of Resolution No. 2014-31 referenced above, which was approved by the City Council on June 17, 2014. Thank you. Attachment c: Resolution No. 2014-31 STAFF REPORT RECEIVED JUN 11 2014 CITY ADMINISTRATION JUN 112014 STAFF REPORT CITY CLERK'S OFFICE Finance Department DATE: June 17, 2014 TO: Honorable Mayor and City Council FROM: William Fox, Finance Director RE: Recommendation for Fiscal Year 2014-2015 Appropriation Limit Recommendation It is recommended that the City Council: Find that adoption of the Fiscal Year 2014-2015 Appropriation Limit proposed in this staff report is exempt under the California Environmental Quality Act (CEQA) in accordance with Section 15061(b)(3), the general rule that CEQA only applies to projects that may have an effect on the environment. 2. Establish the City's Appropriation Limit for the Fiscal Year 2014-2015 in the amount of $988,993,313 based on the percentage growth in the State Per Capita Personal Income and County Population. Background California voters approved an initiative on November 6, 1979 that added Article XIIIB to the State Constitution. The provisions of this article place limits on the amount of revenue that can be appropriated by all entities of government. This State Appropriation Limit is often referred to as the Gann Limit, after Paul Gann, the author of the measure placing the limit in the State constitution. The Appropriation Limit is based on actual appropriations during the 1978-1979 fiscal years, as increased each year using specified population and inflationary growth factors. The original legislation implementing the provisions of Article XIIIB became effective January 1, 1981. In accordance with that legislation, the governing body of each government jurisdiction must, by resolution, establish its annual Appropriation Limit for the coming year at a regularly scheduled meeting or noticed special meeting. The original Article XIIIB (Proposition 4) and its implementing legislation, Chapter 1205/80, was modified in June 1990 by Proposition 1 I 1 and SB 88 (Chapter 60/90). Significant changes imposed by Proposition 111 include the following: • The provision of a choice in methodologies for determining the annual inflation factor between (1) growth in California per capita income, or (2) growth in non-residential assessed valuation due to new construction within the City. • The provision of a choice in methodologies for determining the annual population growth factor between (1) City population growth, or (2) County population growth. • Regulations allowing the exclusion of "qualified capital outlay" expenditures from calculation of the Limit. • Provision of a process for avoiding tax refunds if a city falls sufficiently below the Limit in the next fiscal year. The revised language provides two years, beyond the second year, to refund any remaining excess during which jurisdictions can seek to obtain a successful override vote. As a result of Proposition 111, the City is required to choose between two annual inflation factors and two population factors. The choice offered for the annual inflation factor is (1) the growth in California per capita income or (2) the growth in non-residential assessed valuation due to new construction within the City. The choice offered for the annual population growth factor is (1) the growth in City or (2) County population. The City calculated its appropriation limit based on the non-residential assessed valuation due to new construction as its annual inflation factor and the County's population growth as its annual population growth factors for the past eight (8) years. The City calculated its appropriation limit based on the State per capita personal income as its annual inflation factor and the County's population growth as its annual population growth factors for Fiscal Year 2014-2015. When the City prepares its annual budget each year, the appropriations subject to the Appropriation Limit is typically well below the Appropriation Limit as shown below: Fiscal Year Appropriation Limit Appropriation Subject to the Limit Amount Under Limit 2006-2007 $228 million $44 million $184 million 2007-2008 $251 million $50 million $201 million 2008-2009 $283 million $77 million $206 million 2009-2010 $304 million $48 million $256 million 2010-2011 $372 million $41 million $331 million 2011-2012 $627 million $62 million $565 million 2012-2013 $1,022 million $47 million $975 million 2013-2014 $962 million $55 million $907 million 2014-2015 $989 million $52 million $937 million Over the last nine (9) years, and including 2014-2015, the City's appropriations subject to the Appropriation Limit have remained well below the Appropriation Limit. Given the size of this gap, it is unlikely that the City will exceed the Appropriation Limit in the upcoming years without significant changes to the City's tax structure. The notice indicating the documentation used in the determination of the appropriation limit provided herewith was posted on the City's website on June 5, 2014 and is available for public inspection. Fiscal Imaact There is no fiscal impact since the City continues to remain below the Appropriation Limit. Attachment 1: Fiscal Year 2014-2015 Appropriation Limit Calculation Attachment 2: Fiscal Year 2014-2015 Alternative Adjustment Factors Attachment 1 City of Vernon Fiscal Year 2014-2015 Appropriation Limit Calculation CITY OF VERNON APPROPRIATION LIMIT UNDER PROPOSITION 4 AND SECTION 7901 OF THE GOVERNMENT CODE 2014-2015 APPROPRIATION LIMIT CALCULATION 2013-2014 Appropriation Limit Per Capita Income change 2.00% Los Angeles County population change .78% 1.0200 X 1.0078 = 1.027956 2014.2015 Appropriation Limit Page 1 of 1 962,096,932 X 1.027956 988,993,313 Attachment 2 City of Vernon Fiscal Year 2014-2015 Alternative Adjustment Factors ALTERNATIVE ADJUSTMENT FACTORS Under Proposition 111, there are two options available for each of the major adjustment factors. The values of these factors for the purpose of calculating the Gann Limit are as follows: Price Factors: (A) Percent growth in State per Capita Personal Income: (Source: California Department of Finance) Price Factor A (B) Percent change in Assessed Valuation in new non-residential construction (Source: Los Angeles County Assessor's office) Price Factor B Population Factors: (C) Percentage growth in County Population (Source: California Department of Finance) Population Factor C (D) Percent growth in City Population (Source: California Department of Finance) Population Factor D Annual Adiustment Factors FY 2013 FY 2014 FY 2015 5.6% 4.1% 2.0% 1.0210 1.0420 1.0420 62.40 -6.51 -56.74 1.6240 0.9349 0.4326 6.38 0.69 0.78 1.0038 1.0069 1.0078 0.00 0.83 0.83 1.0000 1.0083 1.0083 Based upon the actual data, the four alternative adjustment factors are as follows: A x C 1.024880 1.049190 1.050128 A x D 1.021000 1.050649 1.050649 B x C 1.630172 0.941351 0.435974 B x D 1.624000 0.942660 0.436192 PER CAPITA PERSONAL INCOME a/ United California California % Change States % Change % of U.S. 1929 $ 992 -- $ 697 142.3% 1930. $ 887 -10.6% $ 618 -11.3% 143.5% 1931 $ 750 -15.4% $ 525 -15.0% 142.9% 1932 $ 581 -22.5% $ 398 -24.2% 146.0% 1933 $ 546 -6.0% $ 372 -6.5% 146.8% 1934 $ 602 10.3% $ 424 14.0% 142.0% 1935 $ 661 9.8% $ 473 11.6% 139.7% 1936 $ 771 16.6% $ 535 13.1% 144.1% 1937 $ 796 3.2% $ 574 7.3% 138.7% 1938 $ 772 -3.0% $ 526 -8.4% 146.8% 1939 $ 782 1.3% $ 556 5.7% 140.6% 1940 $ 845 8.1 % $ 593 6.7% 142.5% 1941 $ 1,013 19.9% $ 717 20.9% 141.3% 1942 $ 1.284 26.8% $ 908 26.6% 141.4% 1943 $ 1,548 20.6% $ 1,106 21.8% 140.0% 1944 $ 1,582 2.2% $ 1,194 8.0% 132.5% 1945 $ 1,582 0.0% $ 1,235 3.4% 128.1% 1946 $ 1,663 5.1% $ 1,254 1.5% 132.6% 1947 $ 1,682 1.1% $ 1,317 5.0% 127.7% 1948 $ 1,753 4.2% $ 1,425 8.2% 123.0% 1949 $ 1,736 -1.0% $ 1,382 -3.0% 125.6% 1950 $ 1,871 7.8% $ 1,503 8.8% 124.5% 1951 $ 2,078 11.1% $ 1,667 10.9% 124.7% 1952 $ 2,206 6.2% $ 1,751 5.0% 126.0% 1953 $ 2,248 1.9% $ 1,826 4.3% 123.1% 1954 $ 2,227 -0.9% $ 1,810 -0.9% 123.0% 1955 $ 2,380 6.9% $ 1,906 5.3% 124.9% 1956 $ 2.497 4.9% $ 2,013 5.6% 124.0% 1957 $ 2,579 3.3% $ 2,087 3.7% 123.6% 1958 $ 2.597 0.7% $ 2.108 1.0% 123.2% 1959 $ 2,739 5.5% $ 2,206 4.6% 124.2% 1960 $ 2,822 3.0% $ 2,268 2.8% 124.4% 1961 $ 2,878 2.0% $ 2,326 2.6% 123.7% 1962 $ 3,002 4.3% $ 2,439 4.9% 123.1% 1963 $ 3.100 3.3% $ 2,526 3.6% 122.7% 1964 $ 3,273 5.6% $ 2,671 5.7% 122.5% 1965 $ 3,410 4.2% $ 2,849 6.7% 119.7% 1966 $ 3,653 7.1% $ 3,061 7.4% 119.3% 1967 $ 3,870 5.9% $ 3,253 6.3% 119.0% 1968 $ 4,196 8.4% $ 3,536 8.7% 118.7% 1969 $ 4,532 8.0% $ 3,836 8.5% 118.1% 1970 $ 4,801 5.9% $ 4,084 6.5% 117.6% 1971 $ 5,027 4.7% $ 4,340 6.3% 115.8% 1972 $ 5,451 8.4% $ 4,717 8.7% 115.6% 1973 $ 5,944 9.0% $ 5,230 10.9% 113.7% 1974 $ 6,557 10.3% $ 5,708 9.1% 114.9% 1975 $ 7,136 8.8% $ 6,172 8.1% 115.6% 1976 $ 7,835 9.8% $ 6,754 9.4% 116.0% 1977 $ 8,572 9.4% $ 7,402 9.6% 115.8% 1978 $ 9,572 11.7% $ 8,243 11.4% 116.1% 1oft PER CAPITA PERSONAL INCOME a/ United California California % Chance States % Chance % of U.S. 1979 $ 10,719 12.0% $ 9,138 10.9% 117.3% 1980 $ 11,928 11.3% $ 10,091 10.4% 118.2% 1981 $ 13,144 10.2% $ 11,209 11.1% 117.3% 1982 $ 13,742 4.5% $ 11,901 6.2% 115.5% 1983 $ 14,517 5.6% $ 12,583 5.7% 115.4% 1984 $ 15,913 9.6% $ 13,807 9.7% 115.3% 1985 $ 16,777 5.4% $ 14,637 6.0% 114.6% 1986 $ 17,526 4.5% $ 15,338 4.8% 114.3% 1987 $ 18,447 5.3% $ 16,137 5.2% 114.3% 1988 $ 19,515 5.8% $ 17,244 6.9% 113.2% 1989 b/ $ 20,448 4.8% $ 18,402 6.7% 111.1% 1990 $ 21,380 4.6% $ 19,354 5.2% 110.5% 1991 $ 21,734 1.7% $ 19,818 2.4% 109.7% 1992 $ 22,439 3.2% $ 20,799 5.0% 107.9% 1993 $ 22,744 1.4% $ 21,385 2.8% 106.4% 1994 c/ $ 23,448 3.1% $ 22,297 4.3% 105.2% 1995 $ 24,498 4.5% $ 23,262 4.3% 105.3% 1996 $ 25,788 5.3% $ 24,442 5.1% 105.5% 1997 $ 27,063 4.9% $ 25,654 5.0% 105.5% 1998 $ 29,195 7.9% $ 27,258 6.3% 107.1 % 1999 $ 30,679 5.1% $ 28,333 3.9% 108.3% 2000 $ 33,404 8.9% $ 30,319 7.0% 110.2% 2001 $ 34,063 2.0% $ 31,524 4.0% 108.1% 2002 $ 34,222 0.5% $ 31,798 0.9% 107.6% 2003 $ 35,298 3.1% $ 32,676 2.8% 108.0% 2004 $ 37,150 5.2% $ 34,300 5.0% 108.3% 2005 $ 38,969 4.9% $ 35,888 4.6% 108.6% 2006 $ 41,627 6.8% $ 38,127 6.2% 109.2% 2007 $ 43,157 3.7% $ 39.804 4.4% 108.4% 2008 $ 43,609 1.0% $ 40,873 2.7% 106.7% 2009 $ 41,569 -4.7% $ 39,357 -3.7% 105.6% 2010 $ 42,297 1.8% $ 40,163 2.0% 105.3% 2011 $ 44,666 5.6% $ 42,298 5.3% 105.6% 2012 $ 46,477 4.1% $ 43,735 3.4% 106.3% 2013 $ 47,401 2.0% $ 44,543 1.8% 106.4% a/ Estimates for 2001 forward reflect the results of the comprehensive revision to the national income and product accounts (NIPAs) released in July 2013. This will create a temporary break in the time series for earlier years. Revised annual estimates back to 1929 will be released in the b/ Reflects Loma Prieta earthquake. c/ Reflects Northridge earthquake. Note: Omits income of government employees overseas. Source: U.S. Department of Commerce, Bureau of Economic Analysis, http://www.bea.gov/ Last updated: March 25, 2014; new estimates for 2013. Filename: bbpcpi 2of2 LOS ANGELES COUNTY ASSESSOR ;F 500VVEST TEMPLE STREET A.S_.$ESSO[t LOS ANGELES. CALIFORNIA 00012-2770 y.(JOV 8S.S1.888, uk5o elp5 1.080.SOZ211'I 07.21 SANTOS H. KREIMANN C14000PUiYA$SESSOR GEORGE RENKEI P851$I?,IiA$$E60pR SHARON HOLLER AMSIAWASSESOOR May 12, 2014 Ms. Masami Higa Assistant Finance Director City of Vernon 4305 Santa Fe Ave. Vernon, CA 90058 Dear Ms. Higa: Your agency, the City of Vernon, in order to effect an adjustment of its Gann Limit, has requested that the Assessor's Office supply the percentage change in total assessed valuation for the city over that of the preceding year, due to nonresidential new construction. For the City of Vernon, the 2013-2014 net change in nonresidential new construction, applicable to the 2014-2015 budget, is-56.74%. If we can be of further service, please call Kevin Quon at (213) 974-5154. Sincerely, 4I M/ Kevin Quon Appraiser Business Solutions Enclosures x O W (n (n a W 2 LL W U LL O (n W J W Z a (n O LL O } z D Q • M OI NV 0 NN ' of N N o 00'1 w N O 0 np N O tD V N e OD O O tff 0 0 � • N • W N O N t�l N t+yy1 ggo N • •j W y� 6/i w • W M N a qq A � M • N O 'Nd' O • w M O w O w ai t0 ao M N 00 v a0 b w N w yPa w Yr II N t0 Gp co ' act Nm vIl 60N N /A G a C w w rx� 3 w co O w w 44 r ONi m o W m ~ w 0 �. c a. y o c L IL C7 w w E c O U. 0 ii Z ea7 _? — O 3, t O • O '7 C y GO w ar o M. Z O m II Q U Q U o o • •+ c to Q o 0 � � d' EO Z M Q Q t0 > N O to « y > y > 2 n r : u • c O y Q C i� c O V i0 • : U N : y • d ' ^ 0 N 0 u ? y� 1� {y� �Lp m of w E ,, Z LL iL C e u C C vyJ d L e m d , n1 4305 Santa Fe Avenue, Vemon, CaRfornfa 90058 Telephone (323) 583-8811 May 12, 2014 Tia Nguyen Appraiser Specialist Statistical Support Los Angeles County Assessor 500 West Temple Street Los Angeles, California 90012-2770 Dear Ms. Nguyen, The City of Vernon, in order to effect an adjustment of its Gann Limit, request that the Assassoes Office supply the percentage change in total assessed valuation for the city over the preceding year, due to nonresidential new construction (2013-2014 net change applicable to the 2014-2015 budget). If you have any questions, please call Masami Higa at (323) 583.8811 Ext. 254. Sincerely, Masamt Higa Assistant Finance Directo EVillisiveo IndustAdt ENT Op �aA A Q ti w 111 n o � {�. DEPARTMENT OF EDMUNO 0. 9ROWN JR. • GOVERNOR ��,,�---FINANCE 9T4TE CAPITOL \ ROOM 1149 R BACRAMGNTD CA Z 95B 14-499a IIIWWW.00f.C4.ROV OFFICE OF THE DIRECTOR May 2014 Dear Fiscal Officer: Subject: Price and Population Information Appropriations Limit The California Revenue and Taxation Code, section 2227, mandates the Department of Finance (Finance) to transmit an estimate of the percentage change in population to local governments. Each local jurisdiction must use their percentage change in population factor for January 1, 2014, in conjunction with a change in the cost of living, or price factor, to calculate their appropriations limit for fiscal year 2014-15. Attachment A provides the change in California's per capita personal income and an example for utilizing the price factor and population percentage change factor to calculate the 2014-15 appropriations limit. Attachment B provides city and unincorporated county population percentage change. Attachment C provides population percentage change for counties and their summed incorporated areas. The population percentage change data excludes federal and state institutionalized populations and military populations. Population Percent Change for Special Districts Some special districts must establish an annual appropriations limit. Consult the Revenue and Taxation Code section 2228 for further information regarding the appropriations limit. Article XIII B, section 9(C), of the State Constitution exempts certain special districts from the appropriations limit calculation mandate. The Code and the California Constitution can be accessed at the following website: htto://leainfo.legislature.ca.ciov/facesicodes.xhtmi. Special districts required by law to calculate their appropriations limit must present the calculation as part of their annual audit. Any questions special districts have on this issue should be referred to their respective county for clarification, or to their legal representation, or to the law itself. No state agency reviews the local appropriations limits. Population Certification The population certification program applies only to cities and counties. Revenue and Taxation Code section 11005.6 mandates Finance to automatically certify any population estimate that exceeds the current certified population with the State Controller's Office. Finance will certify the higher estimate to the State Controller by June 1, 2014. Please Note: Prior year's city population estimates may be revised. If you have any questions regarding this data, please contact the Demographic Research Unit at (916) 323-4086, MICHAEL COHEN Director By: KEELY M. BOSLER Chief Deputy Director Attachment May 2014 Attachment A A. Price Factor: Article XIII B specifies that local jurisdictions select their cost of living factor to compute their appropriation limit by a vote of their governing body. The cost of living factor provided here is per capita personal income. If the percentage change in per capita personal income is selected, the percentage change to be used in setting the fiscal year 2014-15 appropriation limit is: Per Capita Personal Income Fiscal Year Percentage change (FY) over prior year 2014-15 -0.23 B. Following is an example using sample population change and the change in California per capita personal income as growth factors in computing a 2014-15 appropriation limit. 2014-15: Per Capita Cost of Living Change = -0.23 percent Population Change = 0.95 percent Per Capita Cost of Living converted to a ratio: Population converted to a ratio: Calculation of factor for FY 2014-15: -0.23 + 100 = 0.9977 100 0.95 + 100 = 1.0095 100 0.9977 x 1.0095 = 1.0072 Fiscal Year 2014-15 Attachment B Annual Percent Change in Population Minus Exclusions` January 1, 2013 to January 1, 2014 and Total Population, January 1, 2014 Total County Percent Change - Population Minus Exclusions Population City 2013-2014 1-1.13 1-1-14 1-1-2014 Los Angeles Agoura Hills 0.47 20,528 20,625 20,625 Alhambra 0.48 84.290 84,697 84,897 Arcadia 1.05 56,901 57,500 57,500 Artesia 0.51 16,606 10,690 16,776 Avalon 0.55 3,799 3,820 3,820 Azusa 1.62 47,614 48,385 46,385 Baldwin Park 0.46 76.362 76,715 76,715 Bell 0.47 35,804 35,972 35,972 BeliBower 0.53 77,330 77,741 77,741 Bell Gardens 0.48 42,463 42,667 42.667 Beverly Hills 0.47 34,515 34.677 34,677 Bradbury 0.74 1,074 1,082 1,082 Burbank 0.47 105,045 105,543 105,543 Calabasas 0.53 23.816 23,943 23,943 Carson 0.42 92,251 92,636 92,636 Cerritos 0.47 49,506 49,741 49,741 Claremont 0.42 35,768 35,920 35,920 Commerce 0.47 12,942 13,003 13,003 Compton 0.49 97,608 98,082 98,082 Covina 0.48 48.387 48.619 48.619 Cudahy 0.47 24,028 24,142 24.142 Culver City 0.88 39.233 39,579 39,579 Diamond Bar 0.48 56,133 56,400 56,400 Downey 0.47 112,829 113,363 113,363 Duarte 0.47 21,587 21,668 21,668 El Monte 0.49 114,503 115,064 115,064 ElSegundo 0.49 16,815 16.897 16,897 Gardena 0.81 59.602 60,082 60,082 Glendale 1.05 193,769 195,799 196,799 Glendora 1.17 50,697 51,290 51,290 Hawaiian Gardens 0.50 14,384 14,456 14,456 Hawthorne 1.31 85,526 86,644 86,644 Hermosa Beach 0.43 19,666 19,750 19,750 Hidden Hills 0.64 1,889 1,901 1,901 Huntington Park 0.63 58,661 59,033 59,033 Industry 0.23 437 438 438 Inglewood 0.50 1.11,238 111.795 111,795 Irwindale 0.76 1,455 1,466 1,466 La Canada Flinbidge 0.41 20,452 20,535 20,535 `Exclusions Include residents on federal military Installations and group quarters residents in state mental institutions, state and federal correctional institutions and veteran homes. Fiscal Year 2014-15 Attachment B Annual Percent Change in Population Minus Exclusions" January 1, 2013 to January 1, 2014 and Total Population, January 1, 2014 Total County Percent Change - Population Minus Exclusions - Population City 2013-2014 1.1-13 1-1-14 1-0d014 Los Angeles (Continued) La Habra Heights 0.69 5,383 5,420 5,420 Lakewood 0.49 80,830 81,224 81,224 La Mirada 0.45 48,958 49,178 49.178 Lancaster 0.78 153.809 155,012 159,878 La Puente 0.58 40,245 40,478 40,478 La Verne 0.53 32,059 32,228 32,228 Lawndale 0.46 33,077 33,228 33,228 Lomita 0.50 20,528 20.630 20,630 Long Beach 0.51 467,817 470,184 470,292 Los Angeles 1.00 3,863,013 3,901,605 3,904,657 Lynwood 0.42 70.685 70,980 70,980 Malibu 0,71 12,774 12,865 12,865 Manhattan Beach 0.49 35.445 35,619 35,619 Maywood 0.47 27,627 27,758 27,758 Monrovia 0.53 36,966 37,162 37,162 Montebello 0.48 03.222 63,527 63,527 Monterey Park 0.48 61,482 61,777 - 61,777 Norwalk 0.42 105,501 105,948 106.630 Palmdale 0.66 154,629 155,657 155,657 Palos Verdes Estates 0.50 13,597 13,665 13,665 Paramount 0.72 54,657 65.051 55,051 Pasadena 0.55 140,102 140,879 140,879 Pico Rivera 0.47 63,572 63,873 63,873 Pomona 0.53 150,814 151,611 161,713 Rancho Palos Verdes 0.52 42,121 42,341 42.358 Redondo Beach 0.42 67,437 67,717 67,717 Rolling Hills 0.48 1,866 1,895 1,895 Rolling Hills Estates 0.48 8,145 8,184 8,184 Rosemead 0.49 54,497 54,762 54,762 San Dimas 1.09 33.706 34,072 34,072 San Fernando 0.54 24.093 24,222 24,222 San Gabriel 0.34 40,178 40,313 40,313 San Marino 0.66 13,254 13,341 13,341 Santa Clarita 1.98 205.075 209,130 209.130 Santa Fe Springs 3.12 16,781 17.304 17,349 Santa Monica 1.20 91,094 92,186 92,185 Sierra Madre 0.58 11,030 11,094 11.094 Signal Hill 1.65 11,226 11,411 11,411 South El Monte 0.50 20,325 20,426 20,428 South Gale 0.93 95,173 96,057 96,057 South Pasadena 0.53 25,874 26,011 26,011 -Exclusions include residents on federal military installations and group quarters residents in state mental institutions, stale and federal correctional institutions and veteran homes. Fiscal Year 2014-15 Attachment 6 Annual Percent Change in Population Minus Exclusions" January 1, 2013 to January 1, 2014 and Total Population, January 1, 2014 Total County Percent Change - Population Minus Exclusions - Population City 2013.2014 14.13 1.1-14 1-1-2014 Los Angeles (Continued) Temple City 0.44 35,974 36,134 36,134 Torrance 0.52 146,949 147.706 147.706 Vernon 0.83 121 122 122 Walnut 0.49 29,966 30,112 30,112 West Covina 0.48 107,313 107.828 107,828 West Hollywood 0.56 34,875 35,072 35,072 Westlake village 0.47 8,347 8,386 8,386 Whittier 0.46 86,144 86.538 86.538 Unincorporated 0.54 1,039,757 1,045,382 1,046,557 County Total 0.78 9,953,626 10,031,664 10.041,797 "Exclusions include residents on federal military installations and group quarters residents in state mental institutions, state and federal correctional institutions and veteran homes. c/�(_, �eIi7-/l City of Vernon NOTICE OF PUBLIC HEARINGS 4305 Santa Fe Avenue Vernon, CA 90058 (323) 583-8811 The City Council of the City of Vernon will conduct four (4) public hearings, which you may attend. PLACE: Vernon City Hall City Council Chambers 4305 Santa Fe Avenue Vernon, CA 90058 DATE & Tuesday, June 17, 2014 at 9:00 a.m. TIME: (or as soon thereafter as the matter can be heard) SUBJECTS: Consider Adoption of the Fiscal Year 2014-2015: 1) Proposed City -Wide Budget 2) Gann Governmental Appropriation Limit 3) General Fee Schedule for Services Provided by City 4) Adjustments to Retail Electric Rates REQUEST: All parties are invited to be present and to submit statements orally or in writing before or during the applicable public hearing(s). REVIEW OF Subject documents are available for inspection by the public at THE FILE: Vernon City Hall, City Clerk Department, 4305 Santa Fe Avenue, Vernon, California 90058, Monday thru Thursday, 7:00 a.m. to 5:30 p.m. and on the City's website at: http•//www cityofvemon.org/govemmg t/public- meetings/city-council. PROPOSED Staff plans to recommend that the Vernon City Council determine that CEQA the proposals will not have a significant effect on the environment and are FINDING: exempt from the California Environmental Quality Act (CEQA). If you desire to challenge the actions taken by the City Council or any portion thereof in court, you may be limited to raising only those issues you or someone else raised at the applicable hearings described in this notice or in written correspondence delivered to the City of Vernon during, or before, the hearing. Each of the hearings may be continued or adjourned or cancelled and rescheduled to a stated time and place without further official public notice of thSAublic hearings. Dated: O3zli This space is for the County Clerk's Filing Stamp ,x!atrrat (f)-rou t The Only All Hispanic Owned Chain of Bilingual Newspapers 111 S. Avenue 59, Los Angeles, CA 90042-4211 Ph 323.341-7970 • Fax 323.341-7976 • www.egpnews.com PROOF OF PUBLICATION (2015.5 C.C.P.) STATE OF CALIFORNIA, COUNTY OF LOS ANGELES I am a citizen of the United States and a resident of the County aforementioned; I am over the age of eighteen years, and not a party to or interested in the above -entitled matter. I am the principal clerk of the printer of EASTERN GROUP PUBLICATIONS' EASTSIDE SUN, MEXICAN AMERICAN SUN, NORTHEAST SUN, BELL GARDENS SUN, VERNON SUN, COMMERCE COMET, CITY TERRACE COMET, MONTEBELLO COMET, MONTEREY PARK COMET, E.L.A. BROOKLYN BELVEDERE COMET AND WYVERNWOOD CHRONICLE, newspapers of general circulation, printed and published THURSDAYS in the County of Los Angeles, and which newspaper has been adjudicated a newspaper of general circulation by the Superior Court of the County of Los Angeles, State of California, under the date of JUNE 21. 1966. CASE NUMBER 884861; that the notice, of which the annexed is a printed copy (set in type not smaller than nonpareil), has been published in each regular and entire issue of said newspaper and not in any supplement thereof on the following dates, to -wit: JUNE 05 & 12, all in the year 2014. I certify (or declare) under penalty of perjury that the foregoing is true and correct. Dated at LOS ANGELES, California, this 12thday of JUNE, 2014. CITY OF VERNON Proof of Publication of City of Vernon Notice of Public Hearings Consider Adoption of the Fiscal Year 2014- 2015 — 1) Proposed City -Wide Budget: 2) Gann Governmental Appropriation Limit: 3) General Fee Schedule for Services Provided by City: and 4) Adjustments to Retail Electric Rates Signature