Cities Index.
Attachment 5 - Resolution (Gann Appropriations Limit)

Camarillo City Council
June 24, 2026

Document
Attachment 5 - Resolution (Gann Appropriations Limit)
Meeting
June 24, 2026
Body
Camarillo City Council
Pages
2
Original file
99 KB
Text extracted from the city's file for reading and search. Open the original on camarillo.primegov.com. That file is the official record.

RESOLUTION NO. 2026-

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMARILLO ESTABLISHING THE FISCAL YEAR 2026/27 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 City of Camarillo, which was -0.3030%; and

D. The inflation factor used was the per capita cost of living change, which was

4.95%.

E. The City of Camari llo Appropriations Limit for 2026/27 is $ 155,841,529 as calculated below:

2024/25 Appropriations Limit $148,945,358

Population Factor (County) 0.9970

Inflation Factor (Per Capita Cost of Living Change) 1.0495

Total Adjustment Factor (0.9970 x 1.0495) x 1.0463

2026/27 Appropriations Limit $155,841,529

(Prior year limit x population factor x inflation factor = new limit)

SECTION 2: The Acting City Clerk shall certify to the adoption of this Resolution.

PASSED AND ADOPTED June 24, 2026.

Mayor

Attested to on_________________________.

____________________________________
Acting City Clerk
Resolution No. 2026-

Page 2 of 2 ends

I, Silvia Jaquez, Acting City Clerk of the City of Camarillo, certify Resolution No. 2026- was adopted by the City Council of the City of Camarillo at a regular meeting held June 24, 2026, by the following vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

Acting City Clerk

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