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Attachment B - Resolution No. 11564

Orange City Council
June 25, 2024

Document
Attachment B - Resolution No. 11564
Meeting
June 25, 2024
Body
Orange City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on cityoforange.legistar1.com. That file is the official record.

RESOLUTION NO. 11564

A RESOLUTION OF THE CITY COUNCIL OF

THE CITY OF ORANGE ADOPTING THE

APPROPRIATIONS LIMIT FOR THE FISCAL
YEAR 2024-25

WHEREAS, the voters of California on November 6, 1979, added Article XIIIB to the State Constitution placing various limitations on the appropriations of the state and local governments; and

WHEREAS, Article XIIIB was amended by Proposition 111 and SB88 to provide for the calculation of the appropriations limit for Fiscal Years beginning with 1990 -91 using, at the City's election, the City's own population growth or the population growth of the County , and the growth in California per capita income or the growth in non -residential assessed va luation due to new construction; and

WHEREAS, data necessary to calculate the growth in the non -residential assessed value was not available from the County Assessor and the City may need to adjust the limit on appropriations once the data is available; and

WHEREAS, the information and the elections made as set forth above are necessary for making these adjustments and are attached as Exhibit "A"; and

WHEREAS, the City of Orange, to the best of its knowledge, has complied with all the provisions of Article XIIIB in determining the appropriation limit for Fiscal Year 2024-25.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange that the Appropriations Limit in Fiscal Year 2024-25 shall be $236,389,920 and the City’s appropriations subject to limitation are $127,216,074.

ADOPTED this ____ day of ____________________, 2024

Daniel R. Slater, Mayor, City of Orange

ATTEST:

Pamela Coleman, City Clerk, City of Orange

Attachment B - Resolution No. 11564 GANN Limit
2 APPROVED AS TO FORM:

Mike Vigliotta, City Attorney

STATE OF CALIFORNIA )

COUNTY OF ORANGE )

CITY OF ORANGE )

I, PAMELA COLEMAN, City Clerk of the City of Orange, California, do hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the day of , 2024 by the following vote:

AYES: COUNCILMEMBERS:

NOES: COUNCILMEMBERS:

ABSENT: COUNCILMEMBERS:

ABSTAIN: COUNCILMEMBERS:

Pamela Coleman, City Clerk, City of Orange

Attachment B - Resolution No. 11564 GANN Limit
EXHIBIT "A"
2024-25 APPROPRIATIONS LIMIT UNDER ARTICLE XIIIB
2024-25 APPROPRIATION LIMIT IS CALCULATED AS FOLLOWS:
19-20 20-21 21-22 22-23 23-24 24-25
POPULATION GROWTH 1.0041 0.9975 0.9847 1.0010 1.0066 0.9984 CHANGE IN PER CAPITA INCOME 1.0385 1.0373 1.0573 1.0755 1.0444 1.0362 TOTAL ADJUSTMENT 1.0428 1.0347 1.0411 1.0766 1.0513 1.0345 LAST YEAR'S LIMIT 178,885,376 186,534,130 193,008,124 200,945,256 216,332,740 227,430,610 CURRENT YEAR'S LIMIT 186,534,130 193,008,124 200,945,256 216,332,740 227,430,610 235,276,966 OTHER ADJUSTMENTS:

ASSUMED RESPONSIBILITY:

BOOKING FEES

PROP TAX ADMIN CHG
ADJ. CURRENT YR. LIMIT 186,534,130 193,008,124 200,945,256 216,332,740 227,430,610 235,276,966 The following information was provided by the State Department of Finance in order to calculate the Appropriation Limit for 2024-25:

Greater of
City County City County Population
Fiscal Year Date Population Population Growth Growth Changes 19-20* 01-01-18 141,116 3,212,533
01-01-19 141,691 3,221,790 0.41% 0.29% 0.41%
20-21 01-01-19 140,410 3,192,279
01-01-20 140,065 3,193,693 -0.25% 0.04% 0.04%
21-22 01-01-20 139,504 3,180,440
01-01-21 137,366 3,153,718 -1.53% -0.84% -0.84%
22-23 01-01-21 137,534 3,168,941
01-01-22 137,676 3,161,604 0.10% -0.23% 0.10%
23-24 01-01-22 138,155 3,151,305
01-01-23 139,063 3,136,922 0.66% -0.46% 0.66%
24-25 01-01-23 138,842 3,140,716
01-01-24 138,621 3,150,493 -0.16% 0.31% 0.31%
*Restated
EXHIBIT "A"
2024-25 APPROPRIATIONS LIMIT UNDER ARTICLE XIIIB (Continued) Percentage Changes in Per Capita Personal Income:
2018-19 2019-20 2020-21 2021-22 2022-23 2023-24

3.67% 3.85% 3.73% 5.73% 7.55% 4.44%
Per Capita Income Converted to a Ratio:
2018-19 2019-20 2020-21 2021-22 2022-23 2023-24

1.0367 1.0385 1.0373 1.0573 1.0755 1.0444

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