To: A
ndrew P. Powers, City Manager
From: Jaime Boscarino, Finance Director
Date: December 23, 2025
Subject: City Appropriations Limit Worksheet for the Fiscal Year ended June 30, 2025 Enc
losed is a copy of the City’s Appropriations Limit Worksheet for the Fiscal Year ended June 30, 2025 . The annual audit of the City's Appropriations Limit calculation ensures compliance with requirements of Section 1.5 of Article XIII-B of the California Constitution.
The City’s appropriations subject to the limit is $105,757,332, well within the $239,776,954 Appropriations Limit calculation at June 30, 2025. City Council annually adopts a resolution approving the Appropriations Limit calculation and adopted the Fiscal Year ended June 30, 2025, calculation on June 20, 2024.
Roger
s, Anderson, Malody & Scott, LLP, the City's external auditors, applied agreed-upon procedures and found no exceptions in meeting the requirements prescribed by Article XIII-B of the California Constitution.
Copi
es of the report have also been included for each member of City Council. I would be pleased to meet with you, or individual City Councilmembers interested in a more in- depth discussion of the report.
______
___________________________
Jaime Boscarino
Finance Director
At
tachment
FIN:300-10\H:\COMMON\ACFLR\CAFR 2025\ACFR Distribution\Transmittal Letters\GANN Letter to Council 2025.docx ATTACHMENT #4