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Resolution No. 4080 - Appropriations Limit

San Jacinto City Council
June 17, 2025

Document
Resolution No. 4080 - Appropriations Limit
Meeting
June 17, 2025
Body
San Jacinto City Council
Pages
3
Original file
144 KB
Text extracted from the city's file for reading and search. Open the original on sanjacintoca.iqm2.com. That file is the official record.

Resolution No. 4080

Page 1 of 3 ends

STATE OF CALIFORNIA ) RESOLUTION NO. 4080
COUNTY OF RIVERSIDE) ss

CITY OF SAN JACINTO )

A RESOLUTION OF THE CITY COUNCIL OF THE CITY

OF SAN JACINTO, CALIFORNIA, ESTABLISHING THE
APPROPRIATIONS LIMIT FOR FISCAL YEAR 2025-2026
WHEREAS, Article XIIIB of the California Constitution provides for establishment of a formal appropriations limit from the proceeds of taxes; and WHEREAS, a formal appropriations limit has not been established for Fiscal Year 2025-2026; and
WHEREAS, the California Department of Finance has provided per capita personal income and population change data for calculating the allowed increases in the appropriations limit for fiscal year 2025-2026; and
WHEREAS, the California personal income tax factor has increased for the fiscal year 2025-2026; and
WHEREAS, the City of San Jacinto elects to select the methods of calculation using 1) the increase in California per capita personal income in lieu of the increase in assessed value of non-residential new construction and 2) the population growth of Riverside County in lieu of the population growth within the City, and WHEREAS, attachment A to this resolution provides the calculation for the 2025- 2026 appropriations limit;
NOW, THEREFORE, BE IT RESOLVED, determined, and ordered by the City Council of the City of San Jacinto, County of Riverside, State of California, as follows:

The appropriations limit from proceeds of taxes is hereby established as $81,934,129 for fiscal year 2025-2026.

Resolution No. 4080

Page 2 of 3 ends

PASSED, APPROVED, AND ADOPTED this 17
th day of June 2025, by the
following vote:

AYES:

NAYS:

ABSENT:

ABSTAIN:

CITY OF SAN JACINTO:

Valerie Vandever, Mayor
ATTEST:
__
Julia Espinoza, City Clerk
APPROVED AS TO FORM:

Best Best & Krieger LLP
_____________________________
Craig Hayes, City Attorney
Resolution No. 4080

Page 3 of 3 ends

STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE) ss

CITY OF SAN JACINTO )

CERTIFICATION
I, Julia Espinoza, City Clerk of the City of San Jacinto, DO HEREBY CERTIFY that the foregoing Resolution No. 4080 was passed, approved, and adopted at a regular meeting of the City Council of the City of San Jacinto held on the 17 th day of June 2025
by the following vote:

AYES:

NAYS:

ABSENT:

ABSTAIN:

WITNESS MY HAND AND OFFICIAL SEAL this 17
th day of June 2025.
__________________________
Julia Espinoza, City Clerk
City of San Jacinto

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