Cities Index.
Resolution - Appropriations Limit

Commerce City Council
June 24, 2025

Document
Resolution - Appropriations Limit
Meeting
June 24, 2025
Body
Commerce City Council
Original file
107 KB
Text extracted from the city's file for reading and search. Open the original on cityofcommerce.legistar1.com. That file is the official record.

COMMERCE CITY COUNCIL
RESOLUTION NO. _______

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COMMERCE, CALIFORNIA, ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2025-26 WHEREAS, Chapter 1205 of the Statutes of 1980, effective January 1, 1981, implemented Article XIII B of the California Constitution, which establishes an annual appropriations limit for local governments; and
WHEREAS, Proposition 111, approved by the voters in 1990, amended Article XIII B to modify the factors used in calculating the annual appropriations limit, allowing local jurisdictions to use a combination of population change and either the change in California per capita personal income or the change in the local assessment roll due to nonresidential new construction.

NOW, THEREFORE, BE IT RESOLVED that the appropriations limit for Fiscal Year 2025–26 is established at $252,763,021 and the appropriation subject to limitation is $131,336,500 as shown in Exhibit “A” attached hereto and incorporated herein by reference.

PASSED, APPROVED and ADOPTED this 24th day of June, 2025. _______________________________
Ivan Altamirano, Mayor
ATTEST:
___________________________
Lena Shumway, City Clerk
EXHIBIT "A"

ARTICLE XIII-B CALCULATIONS
FOR
FISCAL YEAR (FY) 2025-26
Per Capita Change = 6.44%¹ (Personal Income)
Population Change = 0.30%
Per Capita converted to a ratio: (6.44 + 100) / 100 = 1.0644 Population converted to a ratio: (0.30 + 100) / 100 = 1.0030 Calculation of factor for FY 2025-26: 1.0644 x 1.0030 = 1.0675 Appropriations Limit
FY 2024-25 Appropriations Limit: $236,759,676
FY 2025-26 Adjustment Factor: x 1.0675
FY 2025-26 Appropriations Limit: $252,763,021
Appropriations Subject to Limitation
Proceeds of Taxes: $131,336,500
Exclusions: $0
Appropriations Subject to Limitation: $131,336,500
FY 2025-26 Appropriations Limit: $252,763,021
Over/(Under) Limit: ($121,426,521)
¹ Released by the California Department of Finance, Demographic Research Unit, on May 1, 2025.

← All documents from this meeting