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HomeMy WebLinkAboutCouncil Presentation 02/25/2020 - Home RuleAlternative Expenditure Limitation (Home Rule) Public Hearing Discussion items State imposed expenditure limitation Alternative expenditure limitation (Home Rule Option) Election timeline Home Rule Option State-imposed Limitation In 1980, voters imposed an expenditure limit formula The formula limit grows each year based on population and inflation Spending does not take into consideration service levels or need placed on growing communities Home Rule Option State-imposed Limitation -Example Home Rule Option Fiscal Year 1979-80 Base Limit x Population Factor x Inflation Factor = Preliminary State-Imposed Expenditure Limitation 2020-21 $ 202,239 x 34.6126 x 3.1398 =$ 21,978,370 Fiscal Year Prior Fiscal Year Population / 1978 Population = Population Factor 2021-22 49,323 /1,425 =34.6126 FY2019-20 General Fund only $46.8M Home Rule Option for Marana Town creates a local spending limit as part of the annual, public budgeting process Annual expenditure limit based on available revenues Elected officials set spending limit based on local priorities and service level requirements Home Rule Option Home Rule Option for Marana Option is effective for four years Current option is in effect through FY2020-21 An extension must be sent to the voters in a future election Consolidated elections changes passed in 2012 impacted the timing Home Rule option elections must take place at the same time as your regular election Home Rule Option Outreach and Education Communications and marketing group is involved Working to establish easy to understand materials which include: o Web landing page o Brochure or information sheet o Links to other public meetings, social media, press releases, HOA emails etc. Home Rule Option Example Election Calendar Home Rule Option General Election Publish notice of public hearing February 13, 14, 20 & 21 Public Hearings February 25 & March 3 Submit info to Auditor General March 9 Receive Arguments May 6 Complete publicity pamphlet May 15 Distribute publicity pamphlets July 2 Early ballots July 2-July 8 Election August 4 Canvass August 24 Note –Some of the dates presented above are for illustrative purposes based upon dates provided from the League of Arizona Cities and Towns. THANK YOU ALTERNATIVE EXPENDITURE LIMITATION (Home Rule Option) SUMMARY ANALYSIS The voters of the Town of Marana on November 8, 2016 adopted an alternative expenditure limitation (Home Rule Option). The purpose of this election is for the continued use of the Home Rule Option. Pursuant to the Arizona State Constitution, the Town of Marana seeks voter approval to adopt a Home Rule Option to apply to the town for the next four years beginning in 2021-2022. Under a Home Rule Option if approved by the voters, the town estimates it will be allowed to expend approximately $139,453,470 in 2021-2022, $115,299,188 in 2022-2023, $117,834,509 in 2023-2024 and $107,137,202 in 2024-2025. W ith approval of the Home Rule Option, the town will utilize the expenditure authority for all local budgetary purposes including general government, public safety, highways and streets, economic and community development, culture and recreation, water utility, wastewater utility, airport, debt service and capital improvement projects. Under the state-imposed limitation the town estimates it will be allowed to expend approximately $75,763,332 in 2021-2022, $45,875,971 in 2022-2023, $60,031,399 in 2023-2024 and $56,005,742 in 2024-2025 for the operation of your local government. These expenditure estimates include expenditures of constitutionally excludable revenues. The amount of revenue estimated to be available to fund the operation of your town government is $139,453,470 in 2021-2022, $115,299,188 in 2022-2023, $117,834,509 in 2023-2024 and $107,137,202 in 2024-2025. These revenue estimates are the same under the Home Rule Option or the state-imposed expenditure limitation. Any and all dollar figures presented in this summary are estimates only and are based upon information available at the time of preparation of this analysis. The budget and actual expenditures in any of the four years may be more or less than the expenditures noted above depending on available revenue. If no alternative expenditure limitation is approved, the state-imposed expenditure limitation will apply to the town. 1 of 3 ALTERNATIVE EXPENDITURE LIMITATION (Home Rule Option) SUMMARY ANALYSIS WORKSHEET POPULATION FACTOR COMPUTATION Fiscal Year Prior Fiscal Year Population / 1978 Population = Population Factor 2021-2022 51,000 / 1,425 = 35.7895 2022-2023 52,600 / 1,425 = 33.9123 2023-2024 54,300 / 1,425 = 38.1053 2024-2025 55,900 / 1,425 = 39.2281 STATE-IMPOSED EXPENDITURE LIMITATION Fiscal Year 1979-80 Base Limit x Population Factor x Inflation Factor = Projected State- Imposed Expenditure Limitation + Estimated Exclusions = Total Expenditures Under State- Imposed Limit 2021-2022 $ 202,239 x 35.7895 x 3.2190 = $ 23,299,227 + $ 52,464,105 = $ 75,763,332 2022-2023 202,239 x 33.9123 x 3.2998 = 24,633,359 + 21,242,612 = 45,875,971 2023-2024 202,239 x 38.1053 x 3.3840 = 26,078,382 + 33,953,017 = 60,031,399 2024-2025 $ 202,239 x 39.2281 x 3.4695 = $ 27,525,111 + $ 28,480,631 = $ 56,005,742 2 of 3 ALTERNATIVE EXPENDITURE LIMITATION (Home Rule Option) DETAILED ANALYSIS Pursuant to the Arizona State Constitution, the Town of Marana as authorized by Resolution No. 2020-_____ passed on ___________, 20__ will seek voter approval to adopt an alternative expenditure limitation (Home Rule Option) to apply to the Town for the next four years beginning in 2021-2021. Under a Home Rule Option if approved by the voters, the town estimates it will be allowed to expend approximately $139,453,470 in 2021-2022, $115,299,188 in 2022-2023, $117,834,509 in 2023-2024 and $107,137,202 in 2024-2025. With approval of the Home Rule Option, the town will utilize the expenditure authority for all local budgetary purposes including general government, public safety, highways and streets, economic and community development, culture and recreation, water utility, wastewater utility, airport, debt service and capital improvement projects. We estimate that the expenditures for the next four years under the Home Rule Option will be as follows: ESTIMATED AMOUNTS TO BE EXPENDED IN SPECIFIC AREAS Purpose 2021-2022 2022-2023 2023-2024 2024-2025 General Government $ 24,193,385 $ 24,677,253 $ 25,170,798 $ 25,674,214 Public Safety 19,282,457 19,668,106 20,061,468 20,462,697 Highways and Streets 10,694,341 10,908,228 11,126,393 11,348,921 Economic and Community Development 6,110,405 6,232,613 6,357,265 6,484,410 Culture and Recreation 5,133,573 5,236,244 5,340,969 5,447,788 Water Utility 6,951,588 7,090,620 7,232,432 7,377,081 Wastewater Utility 2,335,496 2,382,206 2,429,850 2,478,447 Airport 646,187 659,111 672,293 685,739 Debt Service 10,807,815 10,760,600 10,664,684 10,571,405 Capital Improvement Projects 53,298,223 27,684,207 28,778,357 16,606,500 Total Expenditures $139,453,470 $ 115,299,188 $ 117,834,509 $ 107,137,202 If approved, the expenditures authorized will be funded from revenues obtained from federal, state and local sources. It is estimated that the amount of revenue from each source for the next four years will be as follows: ESTIMATED AMOUNTS OF REVENUE FROM EACH AND ANY SOURCE Source 2021-2022 2022-2023 2023-2024 2024-2025 Federal $ 23,415,961 $ 8,535,177 $ 14,996,754 $ 1,568,897 State 20,417,735 20,826,090 21,242,612 21,667,464 Local 95,619,774 85,937,921 81,595,143 83,900,841 Total Expenditures $ 139,453,470 $ 115,299,188 $ 117,834,509 $ 107,137,202 (The town property tax shall be limited to the amount prescribed in the Arizona State Constitution). In determining the revenue sources to fund the authorized additional expenditures under the alternative expenditure limitation, it is assumed that the federal, state and local revenues received by the town will continue to be available in 2021-2022 as they have for the past four years. Their continued availability is also assumed for the next three consecutive years following 2021-2022. Any and all dollar figures shown in this analysis are estimated figures only and are based upon information available at the time of preparation of this report. The budgets and actual expenditures in any given year may be more or less than the figures noted above depending on available revenues. The actual expenditure limitation for each fiscal year shall be adopted as an integral part of the budget for that fiscal year. 3 of 3