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HomeMy WebLinkAbout2018-05-22 - AGENDA REPORTS - ASSEMBLY BILL 2268 (2)Agenda Item: 7 CITY OF SANTA CLARITA ' AGENDA REPORT CONSENT CALENDAR t, CITY MANAGER APPROVAL: �1 DATE: May 22, 2018 SUBJECT: STATE LEGISLATION: ASSEMBLY BILL 2268 DEPARTMENT: City Manager's Office PRESENTER: Masis Hagobian RECOMMENDED ACTION City Council adopt the Legislative Committee's recommendation to support Assembly Bill 2268 and transmit position statements to Assembly Member Eloise Reyes, Santa Clarita's state legislative delegation, appropriate legislative committees, Governor Brown, and the League of California Cities. BACKGROUND Authored by Assembly Member Eloise Reyes (D -47 -San Bernardino), Assembly Bill 2268 revises the formula for allocating vehicle license fee adjustment amounts to restore revenues to cities that annexed developed areas since the implementation of Senate Bill 89 (2011). This bill is sponsored by the League of California Cities. The Vehicle License Fee (VLF) is a tax on the ownership of a registered vehicle in place of taxing vehicles as personal property. The taxable value of a vehicle is established by the purchase price of the vehicle, depreciated annually according to a statutory schedule. The State collects and allocates VLF revenues, minus administrative costs, to cities and counties, allocated by each jurisdiction's annual change in gross assessed valuation (property tax revenues). In 2011, Senate Bill 89, Chapter 35, Statutes of 2011, redirected VLF revenues away from newly incorporated cities and annexations of inhabited areas and diverted funds to the Local Law Enforcement Account to help fund Assembly Bill 109 (2011), also known as the Public Safety Realignment Act. Senate Bill 89 (2011) had the effect of diverting over $4 million in VLF revenues in Fiscal Year (FY) 2011-12 from cities that annexed inhabited areas. The City of Santa Clarita lost an estimated $390,000 in VLF revenues in FY 2011-12. Assembly Bill 2268 was introduced on February 13, 2018, and unanimously passed the O Page 1 Packet Pg. 90 Assembly Committee on Local Government (9-0-0) on April 11, 2018. Assembly Member Tom Lackey voted in support of this bill as a member of the Assembly Committee on Local Government. Assembly Bill 2268 was referred to the Assembly Committee on Appropriations and is currently placed on the suspense file. The City Council Legislative Committee met on May 8, 2018, and recommends that the City Council adopt a "support" position for Assembly Bill 2268. ALTERNATIVE ACTION 1. Adopt a "neutral" position on Assembly Bill 2268 2. Adopt an "oppose" position on Assembly Bill 2268 3. Take no action on Assembly Bill 2268 4. Refer Assembly Bill 2268 back to the Legislative Committee 5. Other action, as determined by the City Council FISCAL IMPACT The resources required to implement the recommended action are contained within the City of Santa Clarita's adopted FY 2017-18 budget. ATTACHMENTS AB 2268 - Bill Text O Page 2 Packet Pg. 91 AMENDED IN ASSEMBLY APRIL 16, 2018 AMENDED IN ASSEMBLY APRIL 2, 2018 CALIFORNIA LEGISLATURE -2017-18 REGULAR SESSION ASSEMBLY BILL No. 2268 Introduced by Assembly Member Reyes February 13, 2018 An act to amend Section 97.70 of the Revenue and Taxation Code, relating to local government finance. LEGISLATIVE COUNSEL'S DIGEST AB 2268, as amended, Reyes. Local government finance: property tax revenue allocations: vehicle license fee adjustments. Existing property tax law requires the county auditor, in each fiscal year, to allocate property tax revenue to local jurisdictions in accordance with specified formulas and procedures, and generally provides that each jurisdiction be allocated an amount equal to the total of the amount of revenue allocated to that jurisdiction in the prior fiscal year, subject to certain modifications, and that jurisdiction's portion of the annual tax increment, as defined. Existing property tax law also requires that, for purposes of determining property tax revenue allocations in each county for the 1992-93 and 1993-94 fiscal years, the amounts of property tax revenue deemed allocated in the prior fiscal year to the county, cities, and special districts be reduced in accordance with certain formulas. It requires that the revenues not allocated to the county, cities, and special districts as a result of these reductions be transferred to the Educational Revenue Augmentation Fund in that county for allocation to school districts, community college districts, and the county office of education. 97 7.a Packet Pg. 92 AB 2268 —2— Beginning 2— Beginning with the 2004-05 fiscal year and for each fiscal year thereafter, existing law requires that each city, county, and city and county receive additional property tax revenues in the form of a vehicle license fee adjustment amount, as defined, from a Vehicle License Fee Property Tax Compensation Fund that exists in each county treasury. Existing law requires that these additional allocations be funded from ad valorem property tax revenues otherwise required to be allocated to educational entities. Existing law, for the 2006-07 fiscal year, and for each fiscal year thereafter, requires the vehicle license fee adjustment amount to be the sum of the vehicle license fee adjustment amount for the prior fiscal year, if specified provisions did not apply, and the product of that sum and the percentage change from the prior fiscal year in the gross taxable valuation within the jurisdiction of the entity. Existing law establishes a separate vehicle license fee adjustment amount for a city that was incorporated after January 1, -2014, 2004, or on or before January 1, 2012. This bill, for the 2018-19 fiscal year, would instead require the vehicle license fee adjustment amount to be the sum of the vehicle license fee adjustment amount in the 2017-18 fiscal year, the product of that sum and the percentage change in gross taxable assessed valuation within the jurisdiction of that entity between the 2017-18 fiscal year to the 2018-19 fiscal year, and the product of the amount of specified motor vehicle license fee revenues that the Controller allocated to the applicable city in July 2010 and 1. 17. This bill, for the 2019-20 fiscal year, and for each fiscal year thereafter, would require the vehicle license fee adjustment amount to be the sum of the vehicle license fee adjustment amount for the prior fiscal year and the product of the amount as so described and the percentage change from the prior fiscal year in gross taxable assessed valuation within the jurisdiction of the entity. By imposing additional duties upon local tax officials with respect to the allocation of ad valorem property tax revenues, this bill would impose a state -mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to the statutory provisions noted above. 97 7.a Packet Pg. 93 — 3 — AB 2268 Vote: majority. Appropriation: no. Fiscal committee: yes. State -mandated local program: yes. The people of the State of California do enact as follows: 1 SECTION 1. Section 97.70 of the Revenue and Taxation Code 2 is amended to read: 3 97.70. Notwithstanding any other law, for the 2004-05 fiscal 4 year and for each fiscal year thereafter, all of the following apply: 5 (a) (1) (A) The auditor shall reduce the total amount of ad 6 valorem property tax revenue that is otherwise required to be 7 allocated to a county's Educational Revenue Augmentation Fund 8 by the countywide vehicle license fee adjustment amount. 9 (B) If, for the fiscal year, after complying with Section 97.68 10 there is not enough ad valorem property tax revenue that is 11 otherwise required to be allocated to a county Educational Revenue 12 Augmentation Fund for the auditor to complete the allocation 13 reduction required by subparagraph (A), the auditor shall 14 additionally reduce the total amount of ad valorem property tax 15 revenue that is otherwise required to be allocated to all school 16 districts and community college districts in the county for that 17 fiscal year by an amount equal to the difference between the 18 countywide vehicle license fee adjustment amount and the amount 19 of ad valorem property tax revenue that is otherwise required to 20 be allocated to the county Educational Revenue Augmentation 21 Fund for that fiscal year. This reduction for each school district 22 and community college district in the county shall be the percentage 23 share of the total reduction that is equal to the proportion that the 24 total amount of ad valorem property tax revenue that is otherwise 25 required to be allocated to the school district or community college 26 district bears to the total amount of ad valorem property tax revenue 27 that is otherwise required to be allocated to all school districts and 28 community college districts in a county. For purposes of this 29 subparagraph, "school districts" and "community college districts" 30 do not include any districts that are excess tax school entities, as 31 defined in Section 95. 32 (2) The countywide vehicle license fee adjustment amount shall 33 be allocated to the Vehicle License Fee Property Tax Compensation 34 Fund that shall be established in the treasury of each county. 97 7.a Packet Pg. 94 AB 2268 —4— I 4— I (b) (1) The auditor shall allocate moneys in the Vehicle License 2 Fee Property Tax Compensation Fund according to the following: 3 (A) Each city in the county shall receive its vehicle license fee 4 adjustment amount. 5 (B) Each county and city and county shall receive its vehicle 6 license fee adjustment amount. 7 (2) The auditor shall allocate one-half of the amount specified 8 in paragraph (1) on or before January 31 of each fiscal year, and 9 the other one-half on or before May 31 of each fiscal year. 10 (c) For purposes of this section, all of the following apply: 11 (1) "Vehicle license fee adjustment amount" for a particular 12 city, county, or a city and county means, subject to an adjustment 13 under paragraph (2) and Section 97.71, all of the following: 14 (A) For the 2004-05 fiscal year, an amount equal to the 15 difference between the following two amounts: 16 (i) The estimated total amount of revenue that would have been 17 deposited to the credit of the Motor Vehicle License Fee Account 18 in the Transportation Tax Fund, including any amounts that would 19 have been certified to the Controller by the auditor of the County 20 of Ventura under subdivision 0) of Section 98.02, as that section 21 read on January 1, 2004, for distribution under the law as it read 22 on January 1, 2004, to the county, city and county, or city for the 23 2004-05 fiscal year if the fee otherwise due under the Vehicle 24 License Fee Law (Part 5 (commencing with Section 10701) of 25 Division 2) was 2 percent of the market value of a vehicle, as 26 specified in Sections 10752 and 10752.1 as those sections read on 27 January 1, 2004. 28 (ii) The estimated total amount of revenue that is required to be 29 distributed from the Motor Vehicle License Fee Account in the 30 Transportation Tax Fund to the county, city and county, and each 31 city in the county for the 2004-05 fiscal year under Section 11005, 32 as that section read on the operative date of the act that amended 33 this clause. 34 (B) (i) Subject to an adjustment under clause (ii), for the 35 2005-06 fiscal year, the sum of the following two amounts: 36 (I) The difference between the following two amounts: 37 (ia) The actual total amount of revenue that would have been 38 deposited to the credit of the Motor Vehicle License Fee Account 39 in the Transportation Tax Fund, including any amounts that would 40 have been certified to the Controller by the auditor of the County 97 7.a Packet Pg. 95 — 5 — AB 2268 1 of Ventura under subdivision 0) of Section 98.02, as that section 2 read on January 1, 2004, for distribution under the law as it read 3 on January 1, 2004, to the county, city and county, or city for the 4 2004-05 fiscal year if the fee otherwise due under the Vehicle 5 License Fee Law (Part 5 (commencing with Section 10701) of 6 Division 2) was 2 percent of the market value of a vehicle, as 7 specified in Sections 10752 and 10752.1 as those sections read on 8 January 1, 2004. 9 (ib) The actual total amount of revenue that was distributed 10 from the Motor Vehicle License Fee Account in the Transportation 11 Tax Fund to the county, city and county, and each city in the county 12 for the 2004-05 fiscal year under Section 11005, as that section 13 read on the operative date of the act that amended this 14 subsubclause. 15 (II) The product of the following two amounts: 16 (ia) The amount described in subclause (I). 17 (ib) The percentage change from the prior fiscal year to the 18 current fiscal year in gross taxable assessed valuation within the 19 jurisdiction of the entity, as reflected in the equalized assessment 20 roll for those fiscal years. For the first fiscal year for which a 21 change in a city's jurisdictional boundaries first applies, the 22 percentage change in gross taxable assessed valuation from the 23 prior fiscal year to the current fiscal year shall be calculated solely 24 on the basis of the city's previous jurisdictional boundaries, without 25 regard to the change in that city's jurisdictional boundaries. For 26 each following fiscal year, the percentage change in gross taxable 27 assessed valuation from the prior fiscal year to the current fiscal 28 year shall be calculated on the basis of the city's current 29 jurisdictional boundaries. 30 (ii) The amount described in clause (i) shall be adjusted as 31 follows: 32 (I) If the amount described in subclause (I) of clause (i) for a 33 particular city, county, or city and county is greater than the amount 34 described in subparagraph (A) for that city, county, or city and 35 county, the amount described in clause (i) shall be increased by 36 an amount equal to this difference. 37 (11) If the amount described in subclause (I) of clause (i) for a 38 particular city, county, or city and county is less than the amount 39 described in subparagraph (A) for that city, county, or city and 97 7.a Packet Pg. 96 AB 2268 1 county, the amount described in clause (i) shall be decreased by 2 an amount equal to this difference. 3 (C) For the 2006-07 fiscal year and until the 2017-18 fiscal 4 year, inclusive, the sum of the following two amounts: 5 (i) The vehicle license fee adjustment amount for the prior fiscal 6 year, if Section 97.71 and clause (ii) of subparagraph (B) did not 7 apply for that fiscal year, for that city, county, and city and county. 8 (ii) The product of the following two amounts: 9 (I) The amount described in clause (i). 10 (II) The percentage change from the prior fiscal year to the 11 current fiscal year in gross taxable assessed valuation within the 12 jurisdiction of the entity, as reflected in the equalized assessment 13 roll for those fiscal years. For the first fiscal year for which a 14 change in a city's jurisdictional boundaries first applies, the 15 percentage change in gross taxable assessed valuation from the 16 prior fiscal year to the current fiscal year shall be calculated solely 17 on the basis of the city's previous jurisdictional boundaries, without 18 regard to the change in that city's jurisdictional boundaries. For 19 each following fiscal year, the percentage change in gross taxable 20 assessed valuation from the prior fiscal year to the current fiscal 21 year shall be calculated on the basis of the city's current 22 jurisdictional boundaries. 23 (D) For the 2018-19 fiscal year, the sum of the following three 24 amounts: 25 (i) The vehicle license fee adjustment amount for the 2017-18 26 fiscal year. 27 (ii) The product of the following two amounts: 28 (I) The amount described in clause (i). 29 (11) The percentage change from the 2017-18 fiscal year to the 30 2018-19 fiscal year in gross taxable assessed valuation within the 31 jurisdiction of the entity, as reflected in the equalized assessment 32 roll for those fiscal years. 33 (iii) The product of the following two amounts: 34 (I) The amount that was allocated in July 2010 by the Controller 35 to the city pursuant to subdivision -(e) -or (d) of Section 11005, -as 36 appheable, as that section read on July 1, 2010. 37 (11) 1.17. 38 (E) The for the 2019-20 fiscal year, and for each fiscal year 39 thereafter, the sum of the following two amounts: 97 7.a Packet Pg. 97 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 —7— AB 2268 (i) The vehicle license fee adjustment amount for the prior fiscal year. (ii) The product of the following two amounts: (I) The vehicle license fee adjustment amount for the prior fiscal year. (II) The percentage change from the prior fiscal year to the current fiscal year in gross taxable assessed valuation within the jurisdiction of the entity, as reflected in the equalized assessment role for those fiscal years. (2) Notwithstanding paragraph (1), "vehicle license fee adjustment amount," for a city incorporating after January 1, 2004, and on or before January 1, 2012, means the following: (A) For the 2017-18 fiscal year, the quotient derived from the following fraction: (i) The numerator is the product of the following two amounts: (1) The sum of the most recent vehicle license fee adjustment amounts determined for all cities in the county. (11) The population of the incorporating city. (ii) The denominator is the sum of the populations of all cities in the county. (B) For the 2018-19 fiscal year, and for each fiscal year thereafter, the sum of the following two amounts: (i) The vehicle license fee adjustment amount for the prior fiscal year. (ii) The product of the following two amounts: (I) The amount described in clause (i). (II) The percentage change from the prior fiscal year to the current fiscal year in gross taxable assessed valuation within the jurisdiction of the entity, as reflected in the equalized assessment roll for those fiscal years. (3) For the 2013-14 fiscal year, the vehicle license fee adjustment amount that is determined under subparagraph (C) of paragraph (1) for the County of Orange shall be increased by fifty-three million dollars ($53,000,000). For the 2014-15 fiscal year and each fiscal year thereafter, the calculation of the vehicle license fee adjustment amount for the County of Orange under subparagraphs (C), (D), and (E) of paragraph (1) shall be based on a prior fiscal year amount that reflects the full amount of this one-time increase of fifty-three million dollars ($53,000,000). 97 7.a Packet Pg. 98 AB 2268 1 (4) "Countywide vehicle license fee adjustment amount" means, 2 for any fiscal year, the total sum of the amounts described in 3 paragraphs (1), (2), and (3) for a county or city and county, and 4 each city in the county. 5 (5) On or before June 30 of each fiscal year, the auditor shall 6 report to the Controller the vehicle license fee adjustment amount 7 for the county and each city in the county for that fiscal year. 8 (d) For the 2005-06 fiscal year and each fiscal year thereafter, 9 the amounts determined under subdivision (a) of Section 96. 1, or 10 any successor to that provision, shall not reflect, for a preceding 11 fiscal year, any portion of any allocation required by this section. 12 (e) For purposes of Section 15 of Article XI of the California 13 Constitution, the allocations from a Vehicle License Fee Property 14 Tax Compensation Fund constitute successor taxes that are 15 otherwise required to be allocated to counties and cities, and as 16 successor taxes, the obligation to make those transfers as required 17 by this section shall not be extinguished nor disregarded in any 18 manner that adversely affects the security of, or the ability of, a 19 county or city to pay the principal and interest on any debts or 20 obligations that were funded or secured by that city's or county's 21 allocated share of motor vehicle license fee revenues. 22 (f) This section shall not be construed to do any of the following: 23 (1) Reduce any allocations of excess, additional, or remaining 24 funds that would otherwise have been allocated to county 25 superintendents of schools, cities, counties, and cities and counties 26 pursuant to clause (i) of subparagraph (B) of paragraph (4) of 27 subdivision (d) of Sections 97.2 and 97.3 or Article 4 (commencing 28 with Section 98) had this section not been enacted. The allocations 29 required by this section shall be adjusted to comply with this 30 paragraph. 31 (2) Require an increased ad valorem property tax revenue 32 allocation or increased tax increment allocation to a community 33 redevelopment agency. 34 (3) Alter the manner in which ad valorem property tax revenue 35 growth from fiscal year to fiscal year is otherwise determined or 36 allocated in a county. 37 (4) Reduce ad valorem property tax revenue allocations required 38 under Article 4 (commencing with Section 98). 39 (g) Tax exchange or revenue sharing agreements, entered into 40 prior to the operative date of this section, between local agencies 97 7.a Packet Pg. 99 — 9 — AB 2268 1 or between local agencies and nonlocal agencies are deemed to be 2 modified to account for the reduced vehicle license fee revenues 3 resulting from the act that added this section. These agreements 4 are modified in that these reduced revenues are, in kind and in lieu 5 thereof, replaced with ad valorem property tax revenue from a 6 Vehicle License Fee Property Tax Compensation Fund or an 7 Educational Revenue Augmentation Fund. 8 SEC. 2. If the Commission on State Mandates determines that 9 this act contains costs mandated by the state, reimbursement to 10 local agencies and school districts for those costs shall be made 11 pursuant to Part 7 (commencing with Section 17500) of Division 12 4 of Title 2 of the Government Code. x 97 7.a Packet Pg. 100