RESOLUTION NO. _____
A RESOLUTION OF THE CITY OF SANTA CLARA, CALIFORNIA ESTABLISHING FISCAL YEAR 2025/26 APPROPRIATIONS LIMIT PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION AS IMPLEMENTED BY TITLE 1, DIVISION 9 (ENTITLED “EXPENDITURE LIMITATIONS” – SECTION 7900 ET SEQ.) OF THE CALIFORNIA GOVERNMENT CODE WHEREAS, Proposition 4, commonly known as the Gann Initiative, was adopted by voters on November 6, 1979; WHEREAS, the Proposition created Article XIIIB of the California State Constitution placing limits on the amount of revenue which can be spent by all entities of government; WHEREAS, the limit based on the Proposition 4 formula is updated annually using growth data supplied by the State Department of Finance; and, WHEREAS, the appropriation limit is required to be adopted by the legislative body of each government entity.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA CLARA AS FOLLOWS:
1. Appropriations Limit. The City’s appropriations limit for fiscal year 2025/26 is Six Hundred Ninety-Seven Million Two Hundred Ninety-Two Thousand Six Hundred and Twenty-Six Dollars ($697,292,626).
2. Calculation Factors. Pursuant to Section 8 of Article XIIIB of the California Constitution, the City Council determines that for fiscal year 2025/26 the change in the cost of living shall be measured by the percentage change in California per capita personal income or the growth in the non-residential assessed valuation due to new construction within the City and the change in population shall be measured by the annual growth in the County or the City's population as provided by the State Department of Finance, whichever is higher.
3. Factors for 2025/26. For purposes of computing the appropriations limit for fiscal year 2025/26, the annual growth in the California Per Capita Income is 6.44% and the annual percent change in City population as provided by the State Department of Finance is 0.57%.
4. Notice of Action to be Taken. Pursuant to Government Code Section 7910, no judicial action or proceeding to attack, review, set aside, void, or annul the action of the City Council in establishing the appropriations limit for fiscal year 2025/26 shall be brought unless such action or proceeding shall have been commenced within forty-five (45) days of the date of adoption of this resolution.
5. Effective date. This resolution shall become effective immediately.
I HEREBY CERTIFY THE FOREGOING TO BE A TRUE COPY OF A RESOLUTION PASSED AND ADOPTED BY THE CITY OF SANTA CLARA, CALIFORNIA, AT A REGULAR MEETING THEREOF HELD ON THE 10th DAY OF JUNE 2025, BY THE FOLLOWING VOTE:
AYES: COUNCILORS:
NOES: COUNCILORS:
ABSENT: COUNCILORS:
ABSTAINED: COUNCILORS:
ATTEST: ______________________________
NORA PIMENTEL, MMC
ASSISTANT CITY CLERK
CITY OF SANTA CLARA
Resolution/Appropriations Limit Page PAGE 2 of 2
Rev: 05-16-2024
Ordinance/*Insert brief description Page PAGE 1 of *
Rev: 03-09-10; Typed: *Insert date