BILL ANALYSIS                                                                                                                                                                                                    




                   Senate Appropriations Committee Fiscal Summary
                           Senator Christine Kehoe, Chair

                                           1339 (V.M. Perez)
          
          Hearing Date:  08/17/2009           Amended: As Introduced
          Consultant: Mark McKenzie       Policy Vote: L Gov 3-2
          _________________________________________________________________ 
          ____
          BILL SUMMARY:  AB 1339 would forgive the Imperial County Free  
          Library from the obligation to repay property tax revenues that  
          were allocated to the library rather than the Educational  
          Revenue Augmentation Fund (ERAF) in Imperial County from fiscal  
          years 2001-02 through 2006-07. 
          _________________________________________________________________ 
          ____
                            Fiscal Impact (in thousands)

           Major Provisions         2009-10      2010-11       2011-12     Fund
           
          ERAF repayment forgiveness        $959*                 General
          _____________
          * Absent this bill, repayment of this amount would be subject to  
          a negotiated agreement 
          with the SCO.  Typically repayment would occur over 3-7 years.
          _________________________________________________________________ 
          ____

          STAFF COMMENTS: This bill meets the criteria for referral to the  
          Suspense File.
          
          In 1992-93 and 1993-94, in response to serious budgetary  
          shortfalls, the Legislature and administration permanently  
          redirected over $3 billion of property taxes from cities,  
          counties, and special districts to schools and community college  
          districts.  Under Proposition 98, these redirected funds reduce  
          the state's funding obligation for K-14 school districts by a  
          commensurate amount.  The property tax shift is accomplished  
          through contributions that cities, counties, and special  
          districts (such as library districts) deposit into the ERAF in  
          each county, the proceeds of which then are transferred to  
          school districts within the county.  These contributions grow  
          over time in line with the property tax growth rate in each  
          local jurisdiction.  Property tax allocations and annual  
          contributions to ERAF are made by the county auditor.











          AB 1339 is sponsored by the County of Imperial to rectify a  
          local taxation problem.  An audit by the State Controller's  
          Office (SCO) determined that the county auditor inadvertently  
          left the county library out of the ERAF contributions made by  
          local entities within the county.  This mistake resulted in  
          overpayment to the library system of over $1.6 million over the  
          period of the audit that should have been allocated to the ERAF.  
           The county indicates that the mistake has been corrected and  
          the ERAF contribution is now being made, resulting in a  
          substantially smaller revenue stream for the library.  Current  
          law requires repayment of underallocations, but limits the  
          amount of repayment to 1% of the county's current year secured  
          property tax revenues, which would be $959,203.

          This bill would relieve the library district from the obligation  
          to repay property tax revenues that were allocated to the  
          library instead of to the ERAF.  Specifically, AB 1339 would  
          deem correct the property tax apportionments made by Imperial  
          County 
          Page 2
          AB 1339 (V.M. Perez)

          officials to the Imperial County Free Library for fiscal years  
          2001-02 through 2006-07, and would require that apportionments  
          made in 2007-08 and thereafter be based on corrected factors.   
          Staff notes that deeming the past mistakes to be correct would  
          result in a General Fund impact of $959,202, since any repayment  
          required under current law would relieve the state from  
          corresponding payments to schools.  The repayment schedule would  
          be subject to a negotiated agreement between the county and the  
          SCO.

          Imperial County notes that, based on corrected factor, the  
          library system receives approximately $375,000 annually.   
          Repayment would place a hardship on the library system, likely  
          resulting in temporary closures of facilities.