RESOLUTION NO._____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIALTO, CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 2025-2026 WHEREAS, the State Constitution places various limitations on the appropriations of state and local governments; and WHEREAS, the Appropriations Limit for the City of Rialto for Fiscal Year 2025-2026 has been calculated using the percentage change in per capita personal income and the county’s annual population percent change, which is in accordance with the provisions of the State Constitution; and WHEREAS, the information necessary for making these calculations is available in the City’s Finance Department; and WHEREAS, the City of Rialto has complied with all the provisions of the State Constitution in determining the Appropriations Limit for Fiscal Year 2025-2026.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RIALTO DOES HEREBY FIND, DETERMINE, AND RESOLVE AS FOLLOWS:
Section 1: That the maximum limit for 2025-2026 fiscal year’s appropriations from ‘Proceeds of Taxes” shall be $367,061,519 and actual appropriations from ‘Proceeds of Taxes” submitted in Fiscal Year 2025-2026 for the City of Rialto shall be $130,914,823 based on attached calculations; and Section 2: That the City of Rialto reserves the right to recalculate said limitation at a future time. \\\\
PASSED APPROVED AND ADOPTED this _____ day of ____________, 2025. _______________________________
JOE BACA, Mayor
ATTEST:
______________________________
BARBARA McGEE, City Clerk
APPROVED AS TO FORM:
______________________________
ERIC VAIL, City Attorney
STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss
CITY OF RIALTO )
I, Barbara McGee, City Clerk of the City of Rialto, do hereby certify that the foregoing Resolution No.____ was duly passed and adopted at a regular meeting of the City Council of the City of Rialto held on the ____ day of ______________, 2025.
Upon motion of Council Member ____________, seconded by Council Member ____________, the foregoing Resolution No. ____ was duly passed and adopted.
Vote on the motion:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and the Official Seal of the City of Rialto this _____ day of _________________, 2025. ____________________________________
BARBARA McGEE, CITY CLERK
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