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A - Reso Approving FY 23-24 Appropriation Limit

San Leandro City Council
May 15, 2023

Document
A - Reso Approving FY 23-24 Appropriation Limit
Meeting
May 15, 2023
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San Leandro City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO
RESOLUTION NO. 2023-

RESOLUTION OF THE CITY OF SAN LEANDRO CITY COUNCIL
APPROVING THE CITY OF SAN LEANDRO’S APPROPRIATION LIMIT FOR FISCAL YEAR 2023-2024
WHEREAS, Article XIII of the California Constitution and Section 7900 et seq. of the California Government Code requires cities to adopt limits on appropriations for each fiscal year; and
WHEREAS, the City’s Gann Appropriation Limit has been calculated for 2023-2024 and is set forth in that certain document Gann Appropriation Limitation Calculation for 2023- 2024, Attachment 2, attached hereto and made a part hereof; and WHEREAS, the staff report and the related documentation has been made available to the public as required by law; and
WHEREAS, the City Council is familiar with the contents thereof.

NOW, THEREFORE, the City of San Leandro City Council hereby RESOLVES as follows:

1. The adjustment factors elected for calculating the Gann Appropriation Limit are the State Department of Finance Per Capita Personal Income growth rate at 4.44% and the percentage rate of change in population within the County at -0.47%, and

2. The Appropriation Limit for 2023-2024 is established at $310,026,805.

Introduced by _______ and passed and adopted this 15th day of May 2023, by the following vote:

Members of the Council:

AYES:

NOES:

ABSENT:

ATTEST:

Kelly B. Clancy, City Clerk

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