ATTACHMENT J
1 City Council Meeting: June 28, 2022 Santa Monica, California
RESOLUTION NO. ____ (CCS)
(CITY COUNCIL SERIES)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA
ESTABLISHING THE GANN APPROPRIATIONS LIMIT FOR
THE FISCAL YEAR 2022-23
WHEREAS, pursuant to the provisions of Government Code section 7910 and Article XIIIB of the California Constitution, the City Council of the City of Santa Monica (the “City Council”) is required to establish its appropriations limit by resolution; and WHEREAS, pursuant to Government Code sections 7901 and 7910, the final calculation of the appropriations limit has been determined, and the adjustment factors on which the calculation is based are a 7.55% change in the State of California per capita personal income and a -0.71% change in population growth for the County of Los Angeles; and
WHEREAS, documentation used in the determination of the appropriations limit has been available to the public for at least fifteen (15) days prior to adoption as required by Government Code section 7910.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS:
ATTACHMENT J
2 SECTION 1. For purposes of Article XIIIB of the California Constitution, the City of Santa Monica appropriations limit for the Fiscal Year 2022-23 shall be $2,708,057,642 calculated as follows:
FY 2021-22 Gann Limit a $2,535,966,926
Factors
State Per Capita Personal Income Change b 1.07550
County Population Change c 0.99290 =
Total adjustment factor (b*c) X 1.06786
FY 2022-23 Gann Limit $2,708,057,642
a
As adopted by City Council on June 22, 2021 (Resolution No. 11347 CCS) b,c Per State Department of Finance – May 2022
SECTION 2. The City Clerk shall certify to the adoption of this resolution, and thenceforth and thereafter the same shall be in full force and effect.
APPROVED AS TO FORM:
_______________________
DOUGLAS T. SLOAN
City Attorney