BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1191
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          Date of Hearing:   January 19, 2012

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Felipe Fuentes, Chair

                   AB 1191 (Huber) - As Amended:  January 4, 2012 

          Policy Committee:                             Local 
          GovernmentVote:9-0

          Urgency:     No                   State Mandated Local Program: 
          Yes    Reimbursable:              Yes

           SUMMARY  

          This bill creates a process for cities and counties to seek 
          reimbursement for lost revenues due to legislation in 2004 that 
          enacted the "Triple Flip" and the "Vehicle License Fee (VLF) 
          Swap," both of which are methods of reallocating tax payments.  
          Specifically, this bill:  

          1)Requires, for the 2012-13 fiscal year and each subsequent 
            fiscal year, the county auditor calculate, for the county and 
            each city in that county, the difference between the 
            countywide adjustment amount for that fiscal year and the in 
            lieu local sales and use tax revenues actually received by the 
            county and each city in that county.

          2)Requires the county auditor to submit a claim to the 
            Controller if there is not enough property tax otherwise 
            required to be allocated under the provisions of the "Triple 
            Flip."

          3)Requires the Controller, upon appropriation by the 
            Legislature, to deposit the amount of the claim into the Sales 
            and Use Tax Compensation Fund (SUTCF) and requires the county 
            auditor to allocate the funds to the county and to each city 
            in that county the amount that was calculated by the county 
            auditor.

          4)Requires, for the 2012-13 fiscal year and each subsequent 
            fiscal year, the county auditor to identify the shortfall in 
            the amount of property tax needed to complete the VLF swap.

          5)Requires the county auditor to submit a claim to the 








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            Controller, if there is not enough property tax revenue to 
            complete the VLF Swap provisions.

          6)Requires the Controller, upon appropriation by the 
            Legislature, to deposit the amount of the claim into the 
            Vehicle License Fee Property Tax Compensation Fund (VLFPTCF) 
            and allocate that amount among the cities and county in 
            accordance with specified provisions.

          7)Provides that reimbursement to local agencies and school 
            districts shall be made if the Commission on State Mandates 
            determines this bill contains state-mandated costs.

           FISCAL EFFECT  

          This bill contains mandates that may be reimbursable by the 
          state.  If reimbursable, the amount would likely be 
          approximately $25,000.  The preparation of the claims would 
          present cost pressure and addressing these claims could take a 
          substantial amount of funds.  The Governor's budget contains 
          $4.4 million to address this issue for one fiscal year for the 
          Counties of Amador and Mono and the incorporated cities within 
          the counties.  If additional counties experience the same 
          issues, the costs would rise.

          If the Commission on State Mandates finds that these costs are 
          reimbursable, the may be exempt from reimbursement if the 
          governing board of an affected county passes a resolution 
          requesting the legislation.  No such resolutions have been 
          provided to the committee.  Any counties that did not pass such 
          a resolution would still be eligible for reimbursement in this 
          case.

           COMMENTS  

           1)Purpose.   According to the author, the current economic 
            conditions were not contemplated by the state or local 
            governments back in 2004.  As a result of the deteriorating 
            economy, all school districts within two counties, Amador and 
            Mono, have become basic aid school districts.  Because state 
            law explicitly prohibits moving property tax revenues from 
            basic aid schools for both the VLF Swap and the Triple Flip, 
            there is no legally available revenue source from which to 
            backfill cities and counties for the loss of VLF or local 
            sales tax revenue.  The author believes that this bill creates 








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            a process to address and remedy these unintended consequences 
            to ensure that cities and counties are treated equitably under 
            the provisions of the Triple Flip and the VLF Swap.

           2)Background  .  In March of 2004 voters approved Proposition 57, 
            the California Economic Recovery Bond Act, which allowed the 
            state to purchase bonds to help reduce the state budget 
            deficit.  To help complete the bond sale, the Legislature 
            enacted what was known as the "Triple Flip" which was an 
            exchange of revenues.  The revenues generated from the 0.25% 
            Bradley-Burns local sales tax, that previously went to cities 
            and counties, was pledged to pay off bond debt related to the 
            Economic Recovery Bonds.  The revenue loss to cities and 
            counties was replaced by property tax revenues from the 
            county's Educational Revenue Augmentation Fund (ERAF).  
            Finally, the last part of the swap occurred when the state's 
            General Fund was used to backfill the loss to the County ERAF 
            in order to protect the minimum-funding guarantee of 
            Proposition 98.  

            Another flip occurred during the 2004-05 fiscal year with the 
            swapping of the discretionary vehicle license fee from cities 
            and counties to the State of California, in return for funds 
            from each county's ERAF, known as the "VLF Swap."  Provisions 
            in the VLF Swap legislation provided that if the ERAF in any 
            county is insufficient to satisfy the VLF for property tax 
            swap, any additional amounts required will be drawn from the 
            non-basic aid schools share of the property tax, which will 
            then be replenished by the state General Fund.
             
          3)Basic aid school districts.    These are districts that receive 
            100% of their funding from local property taxes.  Because of 
            the fluctuations in local property tax revenues and 
            enrollment, school districts can be basic aid one year and 
            non-basic aid the next.  The State Department of Education 
            certifies which school districts are on basic aid.  Provisions 
            in both the Triple Flip and the VLF Swap hold harmless those 
            basic aid counties, meaning that there would be no 
            redistribution from school property tax funds to other local 
            agencies for their losses.

           4)Impacts on local government.   According to the sponsors, all 
            school entities in Mono County will become basic aid in 
            2009-10, and therefore, no reimbursement for the Triple Flip 
            or VLF swap will be made because there are no sources from 








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            which to provide such reimbursement.  The sponsors estimate 
            the loss for the Town of Mammoth Lakes at roughly $1 million.  
            Amador County is in a similar situation as it has also been 
            certified as basic aid.  Amador County estimates its 
            cumulative loss at approximately $1.4 million.

           5)Budget proposal  .  Governor Brown's proposed 2012-13 fiscal 
            year budget released January 5, 2012 includes $4.4 million to 
            the counties of Amador and Mono and the cities therein for 
            shortfalls in 2010-11 associated with the Triple Flip and VLF 
            Swap.
                
            6)Support.   The sponsors, the California State Association of 
            Counties and the Regional Council of Rural Counties argue that 
            the process contained in this bill will remedy a loophole that 
            was not only unanticipated, but was also not part of the 
            agreement that was made back in 2004 in which local 
            governments swapped funds and were promised to be kept whole 
            from such swaps.  

           Analysis Prepared by  :    Roger Dunstan / APPR. / (916) 319-2081