Resolution No. FD 2024-XXX – Page 1 of 1
ATTACHMENT 1
RESOLUTION NO. 2024-XXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA, ESTABLISHING AMENDED
APPROPRIATIONS LIMITS PURSUANT TO ARTICLE XIIIB OF THE
CALIFORNIA STATE CONSTITUTION FOR FISCAL YEARS 2012/13
THROUGH 2023/24
WHEREAS, Article XIIIB of the State of California provides that the total annual appropriations subject to limitation of the State and of each local government shall not exceed the appropriations limit of such entity of government for the prior year adjusted for changes in the cost of living and population except as otherwise provided in said Article XIIIB; and
WHEREAS, pursuant to said Article XIIIB of the Constitution of the State of California, the City Council of the City of Rancho Cucamonga deems it to be in the best interests of the City of Rancho Cucamonga to establish an amended appropriations limit for Fiscal Years 2012/13 through 2023/24; and WHEREAS, the the Finance Director of the City of Rancho Cucamonga has reviewed the appropriations limits and determined that the appropriations limits for Fiscal Years 2012/13 through 2023/24 should be amended.
NOW, THEREFORE, the City Council of the City of Rancho Cucamonga hereby resolves as follows:
Section 1.The above recitals are true and correct and are a substantive part of this Resolution Section 2.Pursuant to Article XIIIB of the Constitution of the State of California, the City Council of the City of Rancho Cucamonga hereby amends the appropriations limits for Fiscal Years 2012/13 through Fiscal Year 2023/24 as follows:
Fiscal Year 2012/13: $69,005,753
Fiscal Year 2013/14: $73,946,565
Fiscal Year 2014/15: $77,074,505
Fiscal Year 2015/16: $80,905,108
Fiscal Year 2016/17: $86,261,026
Fiscal Year 2017/18: $90,487,816
Fiscal Year 2018/19: $97,871,622
Fiscal Year 2019/20: $103,714,558
Fiscal Year 2020/21: $112,042,837
Fiscal Year 2021/22: $118,664,569
Fiscal Year 2022/23: $129,890,237
Fiscal Year 2023/24: $135,826,221
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Section 3.Said amended appropriations limits herein established may be further amended as deemed necessary by resolution of the City Council.
Section 4.The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED, AND ADOPTED this 27th day of June 2024.