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Agda Pkt 2025.06.09 Joint SA PFA
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Agda Pkt 2025.06.09 Joint SA PFA
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Last modified
6/10/2025 4:34:20 PM
Creation date
6/10/2025 4:28:06 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
6/9/2025
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ATTY/RESO.0065/CC RESO ESTABLISHING APPROPRIATIONS LIMIT FOR FY 25-26 <br />REV: 06-04-25 MI <br />Page 2 of 2 <br /> <br />Proposition 4 Appropriations Limit <br />Fiscal Year 2025-26 <br /> Calculation for FY 2025-26 <br />Appropriations Limit FY 2024-25 $974,331 ,999 <br />Percentage growth in state-wide per capita personal <br />income 6.44% <br />Percentage increase in County population growth 0.70% <br /> (1+0.0644) x (1+0.0070) = 1.0718508 <br /> Appropriations Limit FY 2025-26 $1,044,338,532 <br /> <br />3. This resolution shall be effective immediately upon its adoption. <br /> <br /> <br /> <br />* * * <br />6.A. - Page 5 of 12 <br />14
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