RESOLUTION NO. ______
RESOLUTION OF THE COUNCIL OF THE CITY OF RICHMOND, CALIFORNIA, ADOPTING THE FISCAL YEAR 20 22-2023 APPROPRIATIONS LIMIT PURSUANT
TO ARTICLE XIIIB OF THE CONSTITUTION OF THE STATE OF CALIFORNIA
WHEREAS, Article XIIIB, as amended, of t he Constitution of the State of California requires all local government entities to establish an annual appropriations limit; and
WHEREAS, the appropriation subject to limitation for each year shall be based on the 1978-79 appropriation adjusted for changes in the cost of living and population; and
WHEREAS, Section 7910 of the Government Code requires each local government to establish its appropriations limit by resolution in each fiscal year beginning with fiscal year 1980- 81; and
WHEREAS, the City calculated its Fiscal Year 20 22-2023 Appropriations Limit based on the percent of change in the population of the County, January to January and the change in the State’s per capita personal income.
NOW, THEREFORE, BE IT RESOLVED , that the Ci ty of Richmond, California has established the Appropriations Limit for Fiscal Year 20 22-2023, as reflected in the Attachment 1 that is attached to this resolution.
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I certify that the foregoing resolution was passed and adopted by the Council of the City of Richmond at a regular meeting thereof held June 21, 2022, by the following vote:
AYES:
NOES:
ABSTENTIONS:
ABSENT:
_____________________________________________
CLERK OF THE CITY OF RICHMOND
Approved:
_________________________________
Mayor
Approved As To Form:
_________________________________
City Attorney
Per Capita Population Per Capita
Personal Chan ge Personal Po pulation
Fiscal Year Change Used Factor Factor Used Change Factor Limit 2000‐01 4.91% 0.61% 1.0491 1.0061 1.05549951 $184,302,245 2001‐02 7.82% 1.71% 1.0782 1.0171 1.09663722 $202,112,702 2002‐03 ‐1.27% 1.76% 0.9873 1.0176 1.00467648 $203,057,878 2003‐04 2.31% 1.43% 1.0231 1.0143 1.03773033 $210,719,318 2004‐05 3.28% 1.12% 1.0328 1.0112 1.04436736 $220,068,378 2005‐06 5.26% 1.18% 1.0526 1.0118 1.06502068 $234,377,374 2006‐07 3.96% 1.00% 1.0396 1.0100 1.04999600 $246,095,305 2007‐08 4.42% 1.13% 1.0442 1.0113 1.05599946 $259,876,509 2008‐09 4.29% 1.36% 1.0429 1.0136 1.05708344 $274,711,154 2009‐10 0.62% 1.16% 1.0062 1.0116 1.01787192 $279,620,770 2010‐11 ‐2.54% 1.11% 0.9746 1.0111 0.98541806 $275,543,357 2011‐12 2.51% 0.77% 1.0251 1.0077 1.03299327 $284,634,433 2012‐13 3.77% 0.83% 1.0377 1.0083 1.04631291 $297,816,682 2013‐14 5.12% 0.77% 1.0512 1.0077 1.05929424 $315,475,496 2014‐15 ‐0.23% 0.98% 0.9977 1.0098 1.00747746 $317,834,451 2015‐16 3.82% 1.28% 1.0382 1.0128 1.05148896 $334,199,417 2016‐17 5.37% 1.12% 1.0537 1.0112 1.06550144 $356,089,960 2017‐18 3.69% 1.13% 1.0369 1.0113 1.04861697 $373,401,974 2018‐19 3.67% 0.88% 1.0367 1.0088 1.04582296 $390,512,358 2019‐20 3.85% 0.70% 1.0385 1.0070 1.04576950 $408,385,914 2020‐21 3.73% 0.38% 1.0373 1.0038 1.04124174 $425,228,459 2021‐22 5.73% 0.35% 1.0573 1.0035 1.06100055 $451,167,629 2022‐23 5.10% ‐0.13% 1.0510 0.9990 1.05000000 $473,560,478 ATTACHEMENT 1
APPROPRIATIONS LIMIT (GANN LIMIT)