BILL ANALYSIS                                                                                                                                                                                                    �



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          ASSEMBLY THIRD READING
          AB 1191 (Huber)
          As Amended  January 23, 2012
          2/3 vote.  Urgency

           LOCAL GOVERNMENT    9-0         APPROPRIATIONS      17-0        
           
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          |Ayes:|Smyth, Alejo, Bradford,   |Ayes:|Fuentes, Harkey,          |
          |     |Campos, Wieckowski,       |     |Blumenfield, Bradford,    |
          |     |Gordon, Hueso, Knight,    |     |Charles Calderon, Campos, |
          |     |Norby                     |     |Chesbro, Donnelly, Gatto, |
          |     |                          |     |Hall, Hill, Ammiano,      |
          |     |                          |     |Mitchell, Nielsen, Norby, |
          |     |                          |     |Solorio, Wagner           |
          |     |                          |     |                          |
           ----------------------------------------------------------------- 
           SUMMARY  :  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."  Specifically,  this bill  :  

          1)Requires, for the 2012-13 fiscal year and for each fiscal year 
            thereafter, the county auditor to 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, if there is not enough 
            property tax otherwise required to be allocated under the 
            provisions of the "Triple Flip," and provides the following:

             a)   Requires the county auditor to submit a claim to the 
               Controller for the total amount of the difference, as 
               calculated in 1) above;

             b)   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,

             c)   Requires the county auditor, within 30 days of the date 
               that the Controller deposits the amount of the claim into 
               the SUTCF, to allocate to the county and to each city in 
               that county the amount of the difference that was 
               calculated by the county auditor.








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          2)Requires, for the 2012-13 fiscal year and for each fiscal year 
            thereafter, the county auditor to allocate to the Vehicle 
            License Fee Property Tax Compensation Fund (VLFPTCF), any 
            remaining property tax revenue that is not required to be 
            allocated to any elementary, high school, or unified school 
            district under provisions of the "VLF Swap" if the auditor is 
            unable to complete reductions due to the VLF Swap as 
            specified, in an amount equal to the reduction required by 
            law, and provides the following:

             a)   Requires the county auditor to submit a claim to the 
               Controller, if, after making the allocation as required in 
               2) above, there is still not enough property tax revenue to 
               complete the reduction specified in the VLF Swap 
               provisions;

             b)   Requires the Controller, upon appropriation by the 
               Legislature, to deposit the amount of the claim into the 
               VLFPTCF; and,

             c)   Requires the auditor, within 30 days of the date the 
               Controller deposits the amount of the claim into the 
               VLFPTCF, to allocate that amount among the cities and 
               county in accordance with specified provisions.

          3)Provides that reimbursement to local agencies and school 
            districts shall be made if the Commission on State Mandates 
            determines that provisions of this bill contain costs mandated 
            by the state.

          4)Makes findings and declarations about the economic conditions 
            unforeseen by either the state or local governments in some 
            counties, including Amador and Mono, which have caused all 
            school districts within these counties to become basic aid 
            districts, thus eliminating the ability to backfill cities and 
            counties for the loss of VLF revenues or local sales and use 
            tax revenue.

          5)Specifies that it is the intent of the Legislature in enacting 
            this bill to address the unintended and detrimental situation 
            that resulted from the Triple Flip and the VLF Swap.

          6)Contains an urgency clause.








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           EXISTING LAW  :

          1)Requires a county auditor, in each fiscal year, to allocate 
            property tax revenue to local jurisdictions in accordance with 
            specified formulas and procedures.

          2)Requires a county auditor to decrease, for the fiscal 
            adjustment period, as defined, the amount of ad valorem 
            property tax revenue allocated to a county's Educational 
            Revenue Augmentation Fund (ERAF) by the countywide adjustment 
            amount, and instead, allocate this amount to the Sales and Use 
            Tax Compensation Fund in the county (known as the Triple 
            Flip), and provides the following:

             a)   Requires the county auditor to allocate moneys from the 
               SUTCF to cities and counties to reimburse these entities 
               for local tax revenue losses resulting from the Triple 
               Flip;

             b)   Requires the county auditor to allocate one-half of the 
               amount in each January during the fiscal adjustment period 
               and the balance of that amount in each May during the 
               fiscal adjustment period; and,

             c)   Provides that if there is an insufficient amount of 
               moneys in a county's SUTCF in specified circumstances, that 
               the county auditor must transfer from the county ERAF an 
               amount sufficient to make the full amount of specified 
               transfers.

          3)Provides that provisions of the Triple Flip shall not be 
            construed to do any of the following:

             a)   Reduce any allocations of excess, additional, or 
               remaining funds that would otherwise have been allocated to 
               cities, counties or special districts as specified, if the 
               Triple Flip had not been enacted;

             b)   Require an increased ad valorem property revenue 
               allocation to a community redevelopment agency; and,

             c)   Alter the manner in which ad valorem property tax 
               revenue growth from fiscal year to fiscal year is 








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               determined or allocated in a county.

          4)Defines the "fiscal adjustment period" contained in the 
            provisions of the Triple Flip to mean the period beginning 
            with the 2004-05 fiscal year and continuing through the fiscal 
            year in which the Director of Finance notifies the State Board 
            of Equalization that the bond obligations have been satisfied.

          5)Requires an annual license fee for vehicles registered in 
            California.

          6)Establishes a Vehicle License Fee (VLF) in lieu of ad valorem 
            property tax upon vehicles known as the "VLF Swap" as follows:

             a)   Requires, beginning with the 2004-05 fiscal year and 
               each fiscal year thereafter, that each city and county 
               receive a vehicle license fee adjustment amount (VLFAA), as 
               defined from the VLFPTCF that exists in each county 
               treasury;

             b)   Requires that these amounts be funded from property tax 
               revenues otherwise required to be allocated to educational 
               entities; and,

             c)   Requires the auditor to allocate moneys in the VLFPTCF 
               according to the following:

               i)     Each city in the county shall receive its vehicle 
                 license fee adjustment amount;

               ii)    Each county shall receive its vehicle license fee 
                 adjustment amount; and,

               iii)   Requires the auditor to allocate one-half of the 
                 amount on or before January 31st of each fiscal year, and 
                 the other one-half on or before May 31st of each fiscal 
                 year.

          7)Provides that the VLF Swap statute shall not be construed to 
            do any of the following:

             a)   Reduce any allocations of excess, additional, or 
               remaining funds that would otherwise have been allocated to 
               county superintendents of schools, cities, and counties as 








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               specified had the VLF Swap not been enacted;

             b)   Require an increased property tax revenue allocation or 
               increased tax increment allocation to a community 
               redevelopment agency;

             c)   Alter the manner in which property tax revenue growth 
               from fiscal year to fiscal year is otherwise determined or 
               allocated in a county; and,

             d)   Reduce property tax equity allocations for certain 
               cities, as specified.


           FISCAL EFFECT  :  According to the Assembly Appropriations 
          Committee, 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, they may be 
          exempt from reimbursement if the governing board of an affected 
          county passes a resolution requesting the legislation.


           COMMENTS  :  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.  
          Prior to this, the Legislature enacted what was known as the 
          "Triple Flip" - an exchange of revenues generated from the 0.25% 
          of the Bradley-Burns local sales tax that previously went to 
          cities and counties. That sales tax revenue was pledged to pay 
          off bond debt related to the Economic Recovery Bonds (ERBs).  
          Instead, the revenue loss to cities and counties was replaced 
          from ERAF in the form of property tax revenues.  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.  

          These changes stemming from the Triple Flip will remain in 








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          effect until the State Director of Finance notifies the Board of 
          Equalization that the state's bond obligations have been 
          satisfied.

          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.  However, this swap, known as the "VLF 
          Swap" is not like the Triple Flip in that it is a permanent 
          exchange.  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.

          Basic aid school districts are those 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 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.

          This bill sets up a process for affected cities and counties to 
          seek reimbursement for lost revenues due to legislation in 2004 
          that enacted the Triple Flip and the VLF Swap.  The county 
          auditor in the affected county would be required to calculate 
          the lost revenue from the swaps and then submit a claim to the 
          Controller for that amount.  The Controller would then, upon 
          appropriation by the Legislature, deposit the amount of the 
          claim in the proper fund and the county auditor would then 
          allocate to the county and each city in that county the 
          reimbursement amount.  This bill does not contain language that 
          actually appropriates funds to cities and counties; instead, it 
          sets up a new process for that reimbursement and allows the 
          Legislature to appropriate the funds in a separate manner.

          Because the bond debt related to the issuance of the Economic 
          Recovery Bonds will at some point in the future be paid off, 
          thus "unwinding" the Triple Flip and the resulting lost revenue 








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          experienced by jurisdictions in basic aid counties, the 
          Legislature may wish to consider the addition of a trigger or 
          sunset clause that deletes the new reimbursement process once 
          the unwinding is complete.  Because the VLF Swap is permanent, 
          no such provisions are needed for that section of the bill.

          According to the author, the current economic conditions were 
          not contemplated by the state or local governments back in 2004, 
          and because of this, two counties, Amador and Mono, will 
          experience a unique condition in which all school districts 
          within these counties 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 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.

          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 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.

          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.

          Support argument:  Supporters 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.  

          Opposition argument:  While the goals of setting up a 
          reimbursement process that makes certain local governments whole 








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          due to unforeseen losses stemming from the Triple Flip and VLF 
          Swap are laudable, this bill in no way guarantees that the 
          Legislature will take action each fiscal year to appropriate 
          these funds, especially in tight budgetary times.  


           Analysis Prepared by  :    Debbie Michel / L. GOV. / (916) 
          319-3958 


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