RESOLUTION NO. (XX)
RESOLUTION ESTABLISHING ANNUAL APPROPRIATIONS (GANN) LIMIT FOR FISCAL YEAR 2024/25
WHEREAS, in November of 1979, the California electorate did adopt Proposition 4, commonly called the Gann Amendment, which added Article XIII-B to the California Constitution; and
WHEREAS, the provisions of that Article establish maximum appropriation limitations, commonly called “Gann Limits,” for public agencies; and WHEREAS, the appropriations limit to be applied to the “proceeds of taxes” as defined by Section 7910 of the Government Code for Fiscal Year 2024/25 has been calculated to be $19,706,102; and
WHEREAS, the City Council elects to use as the annual adjustment factors in calculating the appropriations limit, the percentage change in California per capita income and the annual population for the greater of the annual percentage change in population for the County of Sonoma or the City of Cotati; and
WHEREAS, review and adoption of this Resolution approving the appropriations limit for Fiscal Year 2024/25 was conducted at a regularly scheduled meeting in accordance with Section 7910 of the Government Code; and
WHEREAS, the documentation used in the determination of the appropriations limit was made available to the public in the City Managers Office.
NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Cotati:
1. Establishes the appropriations limit for the City of Cotati for Fiscal year 2024/25 at $19,706,102.
2. This Resolution shall take effect July 1, 2024.
3. The City Manager’s Office personnel shall certify the adoption of this resolution.
IT IS HEREBY CERTIFIED that the foregoing resolution was duly adopted at a regular meeting of the City Council of the City of Cotati held on June 25, 2024, by the following vote, to wit:
Approved:___________________________
Mayor
Attest:______________________________
Kevin Patterson, Deputy City Clerk
Approved as to form:______________________________
City Attorney