RESOLUTION NO. 2025-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMARILLO ESTABLISHING THE FISCAL YEAR 2025/26 APPROPRIATIONS LIMIT
FOR THE CITY OF CAMARILLO
The City Council of the City of Camarillo resolves as follows:
SECTION 1: The City Council of the City of Camarillo finds and declares as follows:
A. The City of Camarillo, pursuant to Article XIII B of the Constitution of the State of California, is annually required to adopt an Appropriations Limit; and
B. The City is required annually to select the population and inflation factors used in determining the Appropriations Limit; and
C. The population factor used was the change in population for the County of Ventura, which was 0.0666%; and
D. The inflation factor used was the per capita cost of living change, which was
6.44%.
E. The City of Camari llo Appropriations Limit for 2025/26 is $ 148,945,358 as calculated below:
2024/25 Appropriations Limit $139,841,666
Population Factor (County) 1.0007
Inflation Factor (Per Capita Cost of Living Change) 1.0644
Total Adjustment Factor (1.0007 x 0.0644) x 1.0651
2025/26 Appropriations Limit $148,945,358
(Prior year limit x population factor x inflation factor = new limit)
SECTION 2: The City Clerk shall certify to the adoption of this Resolution.
PASSED AND ADOPTED June 11, 2025.
Mayor
Attested to on_________________________.
____________________________________
City Clerk
Resolution No. 2025-
I, Carrie Weal, City Clerk of the City of Camarillo, certify Resolution No. 2025- was adopted by the City Council of the City of Camarillo at a regular meeting held June 11, 2025, by the following vote:
AYES: Councilmembers:
NOES: Councilmembers:
ABSENT: Councilmembers:
City Clerk