HomeMy WebLinkAbout1991-12-10; Municipal Water District; 139; 1991-92 to Buildout Capital Improvement Program- /’ CMWD - AGENDA BILL : j : 8, i ‘2, ,;i ;:‘. j I 0 5 I *
3#- ‘ITITLE: DEPT. HD. -ti /
TG.12/10/91 1991-92 TO BUILDOUT CAPITAL IMPROVEMENT CITY
EPT.<<& PROGRAM PUBLIC HEARING
IECOMMENDED ACTION:
1. Hold Public Hearing on the Water District’s 1991-92 to Buildout Capital
Improvement Program Budget.
2. Adopt Resolution No. qb 3 ,adopting the Capital Improvement Program
and appropriating funds.
3. Adopt Resolution No. ?&/ amending the spending limit for 1990-91
and adopting the spending limit for 1991-92.
4. Adopt Resolution No. j?b 5 amending the 1991-92 revenue estimate.
ITEM FXPLANATION:
This item is established to allow the public the opportunity to comment on the
Water District’s proposed CIP Budget. Following the public hearing, the Council
may adopt the CIP Budget for 1991-92.
The Water District portion of the CIP totals $83.7 million from 1991-92 to
buildout, while revenues total $89.8 million. Expenditures planned for 1991-92
total $9.8 million, Additional information regarding the CIP is available and
contained within the City of Carlsbad 1991-92 to buildout Capital Improvement
Program Budget.
The Water Board is also asked to amend the 1990-91 Gann Spending limit as
allowed by Proposition 111 which modified Article XIIIB of the California
Constitution. The new spending limit for 1990-91 is $619,719. The Board is
further asked to adopt the Gann spending limit for 1991-92 which is calculated
at $762,368.
The final action needed on behalf of the Water Board is to amend the revenues
reflected in the 1991-92 operating budget. Property Tax revenues were
inappropriately assigned to the operating portion of the Water District’s budget, whereas they need to be shown as going to the capital budget.
Additional information is available and contained within the City Capital
Improvement Program.
Page Two of Agenda Bill /3q
FISCAL IMPACT:
The fiscal impacts of the proposed Capital Improvement Program are detailed in
the attached pages.
EXHIBITS:
1. Resolution No. ?b3 adopting the Capital Improvement Program and
appropriating funds.
2. Resolution No. WY amending the 1990-91 spending limit and
adopting the 1991-92 spending limit.
3. Resolution No. 3k5 amending the 1991-92 Operating Budget revenues.
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RESOLUTION NO. 7 6 3
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE CARLSBAD MUNICIPAL WATER DISTRICT,
CALIFORNIA ADOPTING THE WATER DISTRICTS CAPITAL IMPROVEMENT PROGRAM AND APPROPRIATING
FUNDS FOR 1991-92 PROJECTS
WHEREAS, the Board of Directors of the Carlsbad Municipal Water
District, California, has determined that it is in the best interest of the Water
District to adopt a long-range Capital Improvement Program; and
WHEREAS, the Water Board may from time-to-time amend this
program as Carlsbad Municipal Water District priorities and needs change;
and
WHEREAS, funding is available or will be made available during fiscal
year 1991-92 from existing funds or projected revenues; and
WHEREAS, the Water Board finds that the projects included in the
Capital Improvement Program are consistent with the Carlsbad General Plan.
NOW, THEREFORE, BE IT RESOLVED by the Water Board of the
Carlsbad Municipal Water District that the Capital Improvement Program is
hereby adopted and that the necessary funds are hereby appropriated and
approved.
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PASSED, APPROVED AND ADOPTED, at a regular meeting of the
Water Board of the Carlsbad Municipal Water District, California, held on the
1Othdayof December , 1991, by the following vote, to wit:
AYES: Board Members Lewis, Kulchin, Larson, Nygaard & Stanton
NOES: None
ABSENT: Non& 7
nt
ATTEST:
ALETHA L. RAUTENKRANZ, Secreta
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RESOLUTION NO. 7 6 4
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE CARLSBAD MUNICIPAL WATER DISTRICT,
CALIFORNIA AMENDING THE 1990-91 APPROPRIATION
LIMIT AND ESTABLISHING THE 1991-92 APPROPRIATION
LIMIT AS REQUIRED BY ARTICLE XIIIB OF THE
CALIFORNIA STATE CONSTITUTION AND STATE LAW
WHEREAS, Article XIIIB of the California State Constitution,
requires that governments annually establish a limit on the appropriation of
proceeds of taxes; and
WHEREAS, state law requires that this limit be presented to the
governing body of each entity each fiscal year; and
WHEREAS, state law also requires that this limit be published
in a newspaper of general circulation to allow public response to the limit as
adopted.
NOW, THEREFORE, BE IT RESOLVED by the Board of
Directors of the Carlsbad Municipal Water District, California, as follows:
1. That the Board of Directors of the Carlsbad Municipal
Water District, California, does hereby amend and adopt the 1990-91
appropriation limit of six hundred nineteen, one hundred seventy nine dollars
($619,719) as computed in Exhibit A attached hereto.
2. That the Board of Directors of the Carlsbad Municipal
Water District, California, does hereby establish and adopt the 1991-92
appropriation limit of seven hundred sixty two, three hundred sixty eight
dollars ($762,368) as computed in Exhibit B attached hereto.
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2&
3. . That the City Clerk is directed to publish this Resolution
in a newspaper of general circulation.
PASSED, APPROVED AND ADOPTED at a regular meeting of
the Board of Directors on the 10 th day of December , 1991, by the
following vote, to wit:
AYES: Board Members Lewis, Kulchin, Larson, Nygaard 4 Stanton
NOES: None
ABSENT: None
II ATTEST: I
ALETHA L. RAUTENKRANZ, Secret4
EXHIBlTA
GANN APPROPRIATIONS LIMIT
- CARISBAD MUNICIPAL, WATER DISTRICl. -
The Appropriations Limitation imposed by Proposition 4 and modified by Proposition 111
creates a restriction on the amount of revenue which can be appropriated in any fiscal
year. The revenues which are subject to the Limitation are those considered “proceeds of
taxes.” The basis for calculating the Limit began in fiscal year 1978-79 and is increased
based on population growth and inflation.
The major change made by Proposition 111 is to provide the Carlsbad Municipal Water
District the option of selecting factors which wilI maximize the District’s calculated knit.
Prior to Proposition 111, the calculation was based upon the lesser of either the California
per capita income or the United States CPI. Proposition 111 now allows the District to
annually choose among the following options:
Growth in California per capita income, OR
Growth in non-residential assessed valuation due to new construction in the
City.
- Population growth, of Carlsbad, OR
-. Population growth within San Diego County.
Water Board action is necessary to establish a 1990-91 Gann Limit for the Water District.
Recalculation of the District’s Limit using 1986-87 as the base year is also necessary. In
order to maximize the District’s Limit, the following calculation factors were selected:
- Population growth in Carlsbad, AND
Carlsbad’s growth in non-residential new construction.
EXHIBIT B
The formula is outlined below:
Recalculated 1989-90 Expenditure Limit $ 537,324
% Carlsbad Population Growth 1.0243
% Non-Resid. New Construction X1.1250
Net Increase Factor 1.1523
1990-91 Limit (1989-90 Limit X Factor) 619.179 $ .
1990-91 Appropriation of Proceeds of Taxes $0
The spending limit for the Carlsbad Municipal Water District for 1990-91 is $619,179, with
appropriations of “proceeds of taxes” of $0. There are no appropriations which apply, as
all proceeds of taxes are used toward qualified capital outlay which is exempt from the
Limit.
Carlsbad Municipal Water District also needs establish a 1991-92 Gann Limit which is
separate from the City of Carlsbad Limit. The factors used to calculate the 1991-92 Limit
were:
Population growth.in San Diego County, AND
Carlsbad’s growth in non-residential new construction.
The formula is outlined below:
1990-91 Expenditure Limit $ 619,179
% County Population Growth 1.0306
% Non-Resid. New Construction x1.1974
Net Increase Factor 1.2313
1991-92 Limit (1990-91 Limit X Factor) 762,368 $
Current Appropriation of Proceeds of Taxes $0
The spending limit for the Carlsbad Municipal Water District for 1991-92 is $762,368 with
appropriations of “proceeds of taxes” of $0. Although the District is budgeted to receive
$700,000 in property taxes in 1991-92, no appropriation of proceeds of taxes is shown.
As noted above, Proposition 111 exempts qualified capital outlay from the appropriations
subject to the Limit. District property taxes are used to fund capital projects.
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RESOLUTION NO. 765
A RESOLUTION OF THE WATER BOARD
OF THE CARLSBAD MUNICIPAL WATER
DISTRICT, CALIFORNIA, AMENDING
THE REVENUE ESTIMATES WITHIN THE
1991-92 OPERATING BUDGET
WHEREAS, the Board of Directors of the Carlsbad Municipal Water
District has reviewed and adopted the Operating Budget for fiscal year 1991-.
92, and has held such public hearings as are necessary prior to the adoption
of the final Operating Budget; and
WHEREAS, the Water Board has determined that the revenue estimate
for Property Tax was inappropriately credited to the operating portion of the
1991-92 Operating Budget; and
WHEREAS, the Water Board has determined that the estimated 1991-
92 Property Tax revenues need to be placed within the Capital Budget, as
shown in Exhibit B; and
WHEREAS, the amount of revenue estimated to be received from
property tax has been revised, as shown in Exhibit B.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the
Carlsbad Municipal Water District as follows:
1. That the above recitations are true and correct.
2. That certain documents now on file in the office of the City
Clerk of the City of Carlsbad entitled “City of Carlsbad, California 1991-92
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Operating Budget” as amended in accordance with Exhibit B attached hereto
and incorporated by reference herein, shall be the same and is hereby
adopted as the final Operating Budget for the Carlsbad Municipal Water
District for the fiscal year 1991-92.
PASSED, APPROVED AND ADOPTED, at a regular meeting of the
Carlsbad Municipal Water District Board of Directors held on the 10 th day
of December , 1991, by the following vote, to wit:
AYES: Board Members Lewis, Kulchin, Larson, Nygaard & Stanton
NOES: None
ABSENT: None
ATTEST:
ALETHA L. RAUTENKRANZ, Secreta
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FXHIBITB
CIlY OF CARLSBAD
REVENUE ESTIMATES FOR 1991-92
SOURCE OF FUNDS
ESTIMATED PROJECTED
REVENUE REVENUE
FY 1990-91 FY 1990-91
ESTIMATED
REVENUE
FY1991-92 DIFFERENCE
AS %
OF FY 90-91
PROJECTED
WATER OPERATIONS
WATER REVENUES
ENQ & OTHER SERVICES
MISCELIANEOUS REVENUE
INTEREST
TOTAL
WATER DIST PROJECT REPL
CAPITAL SURCHARGE
PROPERTYTAX
CITY CONTRIBUTIONS
INTEREST
TOTAL
WATER DIST MAJOR FACILITIES
MAJOR FACILI-IY CHARGE
IMEREsT INCOME
TOTAL
6,OcN3,2W 6,006,2W
150,000 150,000 I
50,ooo woo0
270,000 270,006
6,476,2W 6,476,2W
675,OW 675,WO
=w@J =wJo
0 0
woo0 20,ooo
1,455,ooo 1,455,ooo
1,400,000 1,400,000
@mm 6c’wxJo
2,WO,oOo 2,000,OW
6,761,OOO
107,ooo
24,006
291 ,ooo
7,203,oOO
1 ,015,000
7W,OOa
4,300,OW
=w’Jo
6365,000
1,496,oOo
369.ow
1,865,ooo
772,800
wJJw
eww
21 ,wo
724,800
140,000
140,000
4,300,OW
330,ooo
4,910,000
~WJ
(231,000)
(135,000)
12.66%
-28.87%
-52.00%
7.78%
11.19%
16.00%
25.00%
1650.00%
337.46%
6.86%
-38.50%
-6.75%
TOTAL WATER DISTRICT 9,933,2w 9,933,2w 15,433,oOo 5,466,8W 55.37%