To: Board of Supervisors
From: Auditor-Controller
Meeting Date: July 11, 2017
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Department Contact: |
Lucy Simonson |
Phone: |
234-6870 |
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Department Contact: |
Lloyd Weer |
Phone: |
234-6870 |
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Item Type: Consent Agenda |
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Time Allocated for Item: N/A |
Agenda Title:
title
Adoption of Two (2) Resolutions Establishing the Proposition 4 Gann Spending Limit Appropriations for Fiscal Year 2017-18
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Recommended Action/Motion:
recommendation
Adopt two (2) Resolutions establishing the Proposition 4 Gann Spending Limit Appropriations for fiscal year 2017-18; and authorize Chair to sign same.
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Previous Board/Board Committee Actions:
Similar Resolutions passed annually since 1981
Summary of Request:
The attached resolutions establish the Proposition 4 Gann Spending Limits for the County of Mendocino as well as those lighting districts governed by the Mendocino County Board of Supervisors for Fiscal Year 2017-18. Pursuant to Government Code Section 7910, the Gann Limit amounts represent the maximum level of revenues that the County may legally receive in the 2017-18 fiscal year from what is defined to be “tax proceeds” types of revenue sources, without being in violation of the Proposition 4 provisions. These sources encompass non-departmental revenues in general that include discretionary tax revenues such as property, sales, timber yield, motor vehicle in lieu, and transient occupancy taxes, etc. For Fiscal Year 2017-18, the County of Mendocino is approximately $17.65 Million under its maximum allowable spending limit from tax revenue proceeds.
Alternative Action/Motion:
None
Supplemental Information Available Online at: N/A
Fiscal Impact:
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Source of Funding: N/A |
Budgeted in Current F/Y: N/A |
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Current F/Y Cost: N/A |
Annual Recurring Cost: N/A |
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Supervisorial District: All |
Vote Requirement: Majority |
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Agreement/Resolution/Ordinance Approved by County Counsel: Yes
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CEO Liaison: Jill Martin, Deputy CEO |
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CEO Review: Yes |
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Comments:
FOR COB USE ONLY
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Executed By: Nicole French |
Final Status:Adopted |
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Date: July 12, 2017 |
Executed Item Number: Resolution 17-087, 17-088 |
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Note to Department: |
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