RESOLUTION NO. 2024 -
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FONTANA ESTABLISHING AN APPROPRIATIONS LIMIT OF $370,164,949 PURSUANT
TO ARTICLE XIII (B) OF THE CALIFORNIA CONSTITUTION FOR FISCAL YEAR 2024/2025
WHEREAS, Article XIII (B) of the Cal ifornia Constitution provides that the total annual appropriations subject to limitation of the State and of each local government entity for the prior year is to be adjusted for changes in either the growth in the California Per Capita Income or the growth in the non- resident assessed valuation due to new construction and the changes in population within either its own jurisdiction or county in which the public entity is located, and
WHEREAS, pursuant to said Article XIII (B) of the California Constitution, the City Council of the City deems it to be in the best interest of the City of Fontana to establish an appropriations limit for Fiscal Year 2024/2025, and
WHEREAS, the City of Fontana has determined that said appropriations limit for Fiscal Years 2024/2025 be established in the amount of $ 370,164,949, calculated using the growth factor in the California Per Capita Income and change in population within the City of Fontana.
NOW, THEREFORE, be it resolved, determined, and ordered by the City Council of the City of Fontana that said appropriations limit herein established may be changed as deemed necessary by resolution of the City Council.
APPROVED AND ADOPTED this 18th day of June, 2024.
READ AND APPROVED AS TO LEGAL FORM:
City Attorney
RESOLUTION NO. 2024 -
I, Germaine Key, City Clerk of the City of Fontana, and Ex-Officio Clerk of the City Council do hereby certify that the foregoing resolution is the actual resolution duly and regularly adopted by the City Council at a regular meeting on the 18th day of June, 2024, by the following vote to- wit:
AYES:
NOES:
ABSENT:
City Clerk of the City of Fontana
Mayor of the City of Fontana
ATTEST:
City Clerk