RESOLUTION NO. 2025-014
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON
ADOPTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2025- 2026, PURSUANT TO GOVERNMENT CODE SECTION 7910
SECTION 1. Recitals.
A. Government Code Section 7910 (GANN initiative), passed by California voters on November 6, 1979, requires the governing body of each local jurisdiction to establish by resolution an appropriations limit for each fiscal year at a regularly scheduled meeting or noticed special meeting.
B. Proposition 111 was passed by California voters on June 5, 1990, and sets forth the options for making annual adjustments to the appropriations limit based on various growth factors. The annual inflation factor may be either the growth in California per capita income or growth in non-residential assessed valuation due to new construction within the City; and the population factor may reflect the population growth either in the City or in the County of Los Angeles.
C. The City calculated its appropriations limit based on the California per capita personal income as its annual inflation factor and the County’s population growth as its annual population growth factor for Fiscal Year 2025-2026.
D. In accordance with Government Code Section 7910, documentation used in the determination of the appropriations limit has been made available for inspection by the public at least fifteen (15) days prior to the hearing.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS:
SECTION 2. The City Council of the City of Vernon hereby finds and determines that the above recitals are true and correct.
SECTION 3. The City Council hereby establishes $3,272,693,266 as the amount of the appropriations limit for fiscal year 2025-2026, in accordance with the provisions of Government Code Section 7910 and Proposition 111.
The computation for fiscal year 2025-2026 is as follows:
2025-2026 APPROPRIATIONS LIMIT CALCULATION
2024-2025 Appropriations Limit $3,065,487,178
Per capita income change: 6.44%
Los Angeles County population change: 0.30%
1.0644 x 1.0030= x 1.06759320
$3,272,693,266
Resolution No. 2025-014
_______________________
SECTION 4. The City Council approved the Fiscal Year 2025-2026 Budget by adoption of a resolution, which did not exceed the appropriations limit for Fiscal Year 2025-2026.
SECTION 5. The City Clerk or Deputy City Clerk shall certify the passage and adoption of this resolution and enter it into the book of original resolutions.
APPROVED AND ADOPTED June 3, 2025.
________________________
JUDITH MERLO, Mayor
ATTEST:
GENOVEVA ROCHA, City Clerk
(seal)
APPROVED AS TO FORM:
ZAYNAH N. MOUSSA, City Attorney