TO: Board of Supervisors
FROM: Tracy Schulze - Auditor-Controller
REPORT BY: Benjamin Sargent - Senior Accountant-Auditor
SUBJECT: 2021-2022 Appropriation Limit for Lake Berryessa Resort Improvement District
RECOMMENDATION
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Auditor-Controller requests adoption of a resolution establishing the Fiscal Year 2021-22 appropriation limit and revenues subject to the limit for the Lake Berryessa Resort Improvement District as required by Article XIIIB of the California Constitution.
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EXECUTIVE SUMMARY
Article XIIIB of the California Constitution requires the Lake Berryessa Resort Improvement District establish an appropriation limit on an annual basis. The attached resolution establishes the appropriations limit and the revenues subject to that limit.
FISCAL & STRATEGIC PLAN IMPACT
Is there a Fiscal Impact?
Yes
Is it currently budgeted?
Yes
Where is it budgeted?
The estimated appropriation limit is considered when preparing the District's Requested Budget.
Is it Mandatory or Discretionary?
Mandatory
Is the general fund affected?
No
Future fiscal impact:
The appropriation limit is required to be approved each fiscal year.
Consequences if not approved:
Failing to establish an appropriation limit each fiscal year would put the District in violation of the State Constitution.
County Strategic Plan pillar addressed:
Effective and Open Government
ENVIRONMENTAL IMPACT
ENVIRONMENTAL DETERMINATION: The proposed action is not a project as defined by 14 California Code of Regulations 15378 (State CEQA Guidelines) and therefore CEQA is not applicable.
BACKGROUND AND DISCUSSION
The annual appropriation limit is calculated in accordance with Article XIIIB of the California Constitution and is the amount the District could spend that is funded by certain taxes and State subventions, while the revenues subject to that limit is the amount of revenues from those sources the District anticipates receiving in the fiscal year. The limit may be adjusted to account for such ...
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