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A - Reso Approving FY 24-25 Appropriation Limit

San Leandro City Council
May 20, 2024

Document
A - Reso Approving FY 24-25 Appropriation Limit
Meeting
May 20, 2024
Body
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. 2024-

RESOLUTION OF THE CITY OF SAN LEANDRO CITY COUNCIL APPROVING THE CITY OF SAN LEANDRO’S APPROPRIATION LIMIT FOR
FISCAL YEAR 2024-2025
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 2024- 2025 and is setforth in that certain document Gann Appropriation LimitationCalculation for 2024- 2025, 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 does RESOLVE as follows:

1. The adjustment factors elected for calculating the Gann Appropriation Limit are the California State Per Capita Personal Income growth rate at 3.62% and the percentage rate of change in population within the County at 1.21%, and

2. The Appropriation Limit for 2024-2025 is established at $325,136,898.

Introduced by Councilmember _________ and passed and adopted this 20th day ofMay 2024, by the following vote:

AYES:

NOES:

ABSENT:

ATTEST:

Kelly B. Clancy, CMC
City Clerk
DRAFT

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