BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1320
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          Date of Hearing:   April 17, 2013

               ASSEMBLY COMMITTEE ON HOUSING AND COMMUNITY DEVELOPMENT
                                 Norma Torres, Chair
                    AB 1320 (Bloom) - As Amended:  April 10, 2013
           
          SUBJECT  :   Redevelopment:  successor agencies 

           SUMMARY :   Allows schools to continue to receive property taxes,  
          equal to the amount they would have received in passthrough  
          payments if redevelopment agencies still existed, and does not  
          count those property taxes toward the Proposition 98 funding  
          formula.  Specifically,  this bill  :  

          1)Defines a "local education agency" as a school district, a  
            community college district, or a county office of education.

          2)Permits a local education agency to continue to receive  
            property taxes, equal to the amount of passthrough payments  
            they would have received, if a redevelopment agency had not  
            been dissolved.

          3)Allows the amount of the passthrough payment to continue to be  
            established either by statute or by a contract between a  
            former redevelopment agency and an education agency.

          4)Allows an education agency to continue to receive property  
            taxes, in the amount of the former passthrough payment, until  
            the last year that the dissolved redevelopment agency would  
            have existed as set by statute, including any extensions  
            allowed. 

          5)Provides that the property taxes, equal to the amount of the  
            former passthrough payments, will not be counted toward the  
            amount that a local education agency receives based on the  
            funding formula in Proposition 98.     

          6)Requires the auditor-controller to calculate the amount of the  
            passthrough payments and provide the county office of  
            education and the relevant local education agency with the  
            data underlying the calculations.

           EXISTING LAW  

          1)Dissolves redevelopment agencies and institutes a process for  








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            winding down their activities (Health and Safety Code Section  
            34170).

          2)Requires that within one year of making the final debt payment  
            of a former redevelopment agency, a successor agency dispose  
            of all remaining assets and terminate its existence (Health  
            and Safety Code Section 34187). 

          3)Requires that when all of the debts of a redevelopment agency  
            are paid and a successor agency terminates its existence, then  
            all passthrough payment obligations of a former redevelopment  
            agency cease and no property tax will be allocated to the  
            Redevelopment Property Tax Trust Fund, for the former  
            redevelopment agency (Health and Safety Code Section 34187).  

           FISCAL EFFECT  :   Unknown 

           COMMENTS  :   

          In 2011, facing a severe budget shortfall, the Governor proposed  
          eliminating redevelopment agencies in order to deliver more  
          property taxes to other local agencies.  Redevelopment  
          redirected 12% of property taxes statewide away from schools and  
          other local taxing entities and into community development and  
          affordable housing.  Ultimately, the Legislature approved and  
          the Governor signed two measures, ABX1 26 and ABX1 27 that  
          together dissolved redevelopment agencies as they existed at the  
          time and created a voluntary redevelopment program on a smaller  
          scale.  In response, the California Redevelopment Association  
          (CRA), and the League of California Cities, along with other  
          parties, filed suit challenging the two measures. The Supreme  
          Court denied the petition for peremptory writ of mandate with  
          respect to ABX1 26. However, the Court did grant CRA's petition  
          with respect to ABX1 27.   As a result, all redevelopment  
          agencies were required to dissolve as of February 1, 2012.    

          As part of the dissolution process, local communities with  
          redevelopment agencies were required to establish a successor  
          agency that is responsible for identifying the enforceable  
          obligations or the debts of the former redevelopment agency that  
          need to be retired.  Successor agencies must submit a list of  
          enforceable obligations to the Department of Finance (DOF) for  
          approval.  Over time, these obligations will be repaid by  
          property taxes collected and deposited by the county  
          auditor-controller into the Redevelopment Property Tax Trust  








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          Fund.  Existing law dictates to the auditor-controller which  
          debts of the former redevelopment agency should be paid and in  
          what order.  Passthrough payments established by statute or  
          contract by the former redevelopment agency and taxing entities,  
          including schools, counties, and special districts are paid  
          first, followed by enforceable obligations, administrative costs  
          of the successor agency. Any remaining amounts are distributed  
          to the taxing entities.  Once the debts of the former  
          redevelopment agency are paid, the successor agency dissolves  
          and the passthrough payments along with all other enforceable  
          obligations will no longer be paid.  At that point, property tax  
          will be allocated based on statutory formulas to all taxing  
          entities as if redevelopment agencies never existed. 

           History of passthrough payments:   To alleviate the fiscal burden  
          of redevelopment, redevelopment agencies made passthrough  
          payments to other local taxing entities out of tax increment it  
          collected.  Prior to 1993, redevelopment agencies and other  
          local taxing entities, including counties, special districts,  
          and school districts, negotiated passthrough payments.  In some  
          cases, counties, or special districts may have negotiated for a  
          greater share than school districts.  AB 1290 (Isenberg) Chapter  
          942, Statutes of 1993, replaced this process with a statutory  
          formula that requires post-1994, passthrough payments to be  
          distributed to all local agencies and bases the amount each  
          agency receives on its proportionate share of the one percent  
          property tax rate in the project area.  

          According to the Legislative Analyst's Office (LAO), "nearly  
          two-thirds of all pass-through payments stem from pre-1994  
          negotiations between RDAs and local agencies. For various  
          reasons, counties and special districts were particularly active  
          in this negotiation process. As a result, counties and special  
          districts receive about two-thirds of all pass-through payments.  
          This share of pass-through payments is almost double the share  
          that counties and special districts would receive if passthrough  
          payments were distributed based on tax shares. Because counties  
          and special districts get a disproportionately large share of  
          passthrough payments, they would get less money from trust fund  
          distributions if these passthrough payments were included in the  
          trust fund calculations. The K-14 districts and cities, in  
          contrast, would get a higher share of redevelopment trust fund  
          distributions."

          Last year, AB 1484 (Blumenfield), Chapter 26, made the statutory  








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          changes needed to achieve a total of $3.3 billion of budget  
          savings related to the dissolution of redevelopment agencies as  
          estimated in the Governor's May Revision of the Budget.  One of  
          the clarifications AB 1484 made was to require that once all of  
          the debts and assets of a former redevelopment agency are  
          disposed of, then the passthrough payments to counties, special  
          districts and school districts end.  According to the LAO, "over  
          time, the dissolution of RDAs will increase the amount of  
          general purpose property tax revenues that schools, community  
          colleges, cities, counties, and special districts receive by  
          more than $5 billion annually."   
           
           The amount of time it will take to retire the debts of the  
          redevelopment agency will vary across communities.  As a result,  
          it is impossible to know when the passthrough payments to  
          schools and other taxing entities will cease.  The intent of  
          redevelopment dissolution was that over time as the debts are  
          paid, the other taxing agencies, including schools, would  
          receive more property taxes.       
           
          Purpose of this bill:   According to the author of this measure,  
          "a significant portion, or in some cases all passthrough funds  
          are restricted for facilities use, passthrough payments (or  
          portions thereof) are not treated as local property taxes for  
          purposes of determining per-student funding levels that support  
          school operations.  This historic treatment of passthrough  
          payments as a revenue stream on top of the state's Proposition  
          98 revenue limit (pre-student funding level) is the mechanism  
          that provides that fiscal stability on which school districts  
          and county offices of education rely.  Moreover school districts  
          and county offices of education have reasonably anticipated that  
          this funding stream would continue through the contemplated life  
          of the redevelopment project plan."  

          This bill proposes to allow schools to continue to receive  
          property taxes, in the amount that they would have received in  
          passthroughs payments, had redevelopment agencies not been  
          dissolved.  Those payments come out of the AB 8 share of  
          property taxes, so they will receive the share they would have  
          under redevelopment without reducing the amount that goes to  
          other taxing entities.   The bill specifies that the property  
          taxes will not be counted as part of the per-student formula in  
          determining how much the state must backfill schools to achieve  
          required funding levels under Proposition 98.  As a result, the  
          state will not be able to count the portion of property taxes  








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          that continue as passthroughs to schools toward the local's  
          share of school funding.    

           AB 1320 would require passthrough payments to continue through  
          the life of the redevelopment agency project area including any  
          extensions that have been made through that period. In some  
          cases project areas had up to 50 years to complete the goal of  
          eliminating blight. 

           Staff comments  :  It is unclear at what point passthrough  
          payments will cease for schools.  Successor agencies are in the  
          process of submitting their recognized enforceable obligations  
          to DOF for approval. Many of those obligations will need to be  
          paid for years in the future.   This bill would allow  
          passthroughs to continue for the life of the redevelopment  
          project area, which could be decades in the future.   It's  
          difficult to know what the state's financial health will look  
          like many years from now and how these passthroughs will affect  
          the state's requirement to backfill schools from the General  
          Fund.  
           
          Double referred  :  If AB 1320 passes out of this committee, the  
          bill will be referred to the Committee on Local Government.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          California Association of School Business Officials
          California School Boards Association
          Contra Costa County Superintendents' Coalition
          Dr. Arturo Delgado, Los Angeles County Superintendent of Schools
          Fresno Unified School District
          Los Angeles Unified School District
          Lucia Mar Unified School District
          Riverside County Superintendent of Schools
          San Bernardino Community College District
          San Diego Unified School District 
          Small School Districts' Association
          Dr. Gary Thomas, San Bernardino County Superintendent of Schools

           Opposition 
           
          None on file.
           








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          Analysis Prepared by  :    Lisa Engel / H. & C.D. / (916) 319-2085