RESOLUTION NO. R-26-10
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN MARINO, CALIFORNIA ESTABLISHING THE
APPROPRIATIONS LIMIT AND APPROPRIATIONS
SUBJECT TO LIMITATION FOR FISCAL YEAR 2026-27
WHEREAS, Article XIII-B of the California State Constitution requires that each entity of government determine and adopt an Appropriations Limit for each fiscal year; and
WHEREAS, Proposition 111 requires a recorded vote of the City Council regarding which of the annual adjustment factors have been selected each year; and WHEREAS, the local voters of San Marino have approved an increase in the City’s appropriations limit consistent with the maximum projected aggregate collection authorized by the levy of the Public Safety Parcel Tax, in accordance with Section 12 of Ordinance No. O-24-1412.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of San Marino, California as follows:
SECTION 1. The annual adjustment factors used in the calculation of the Fiscal Year 2026-27 Appropriations Limit are the City population change of 0.08% and the change in California Per Capita Personal Income of 4.95%.
SECTION 2. The FY 2026-27 Appropriations Limit for the City of San Marino for the Fiscal Year 2026-27 is hereby determined to be $38,477,321 in accordance with calculations contained in Exhibit A hereto.
SECTION 3. Appropriations designated in the Fiscal Year 2026-27 Proposed Budget that are subject to the limit total $31,390,055, representing an amount that is 82% of the limit.
PASSED, APPROVED AND ADOPTED this 29th day of May, 2026. _______________________________
TONY CHOU
MAYOR
ATTEST:
__________________________
ALISON WALKER
CITY CLERK
CITY OF SAN MARINO RESOLUTION NO. R-26-10
PAGE TWO OF TWO
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SAN MARINO )
I, ALISON WALKER, City Clerk of the City of San Marino, California, hereby certify that Resolution No. R-26-10 was adopted by the City Council of the City of San Marino at a Regular Meeting held on the 29th day of May 2026, and the same was adopted by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
____________________________________
ALISON WALKER
CITY CLERK