Resolution/Appropriations Limit Page 1 of 2
Rev: 05-16-2024
RESOLUTION NO. 26-9573
A RESOLUTION OF THE CITY OF SANTA CLARA, CALIFORNIA,
ESTABLISHING FISCAL YEAR 2026/27 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 OF SANTA CLARA AS FOLLOWS:
1. Appropriations Limit. The City’s appropriations limit for fiscal year 2 026/27 is Seven Hundred Fifty-Three Million Two Hundred Eighty-Five Thousand Two Hundred and Twenty-four Dollars ($753,285,224).
2. Calculation Factors. Pursuant to Section 8 of Article XIIIB of the California Constitution, the City Council determines that for fiscal year 2026/27 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 2026/27. For purposes of computing the appropriations limit for fiscal year 2026/27, the annual growth in the California Per Capita Income is 4.95% and the annual percent change in City population as provided by the State Department of Finance is 2.93 %.
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 2026/27 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 9th DAY OF JUNE 2026, BY THE FOLLOWING VOTE:
AYES: COUNCILORS:
NOES: COUNCILORS :
ABSENT : COUNCILORS :
ABSTAINED: COUNCILORS :
Attachments incorporated by reference: None
Resolution/Appropriations Limit
Rev: 05-16-2024
Chahal, Cox, Gonzalez, Hardy, Jain, and Park, and
Mayor Gillmor
None
None
None
ATTEST : ~
NORA PIMENTEL
ASSISTANT CITY CLERK
CITY OF SANTA CLARA