HomeMy WebLinkAboutCC RESO 2023-92RESOLUTION NO. 2023 - 92
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY,
CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS
LIMIT OF $80,226,080 FOR FISCAL YEAR 2024
WHEREAS, Article XIII-B of the California Constitution provides that
appropriations made by State and local governments are subject to limitations; and
WHEREAS, the limitation must be determined annually by applying factors
comprised of the change in the cost of living and the change in population to the prior
year's appropriation limit; and
WHEREAS, the cost of living and population change factors to be used in
calculating the appropriations limit for fiscal year 2024 are set forth in Exhibit "A" to the
staff report; and
WHEREAS, the result of applying the cost of living and population change factors
to the fiscal year 2023 appropriation limit results in a limit of $80,226,080 for fiscal year
2024.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF NATIONAL CITY,
CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS
FOLLOWS:
limit
Section I v That the City Council hereby approves and adopts the appropriation
of 80,266,080 for fiscal year 2024.
Section 2: That the City Clerk shall certify to the passage and adoption of this
Resolution and enter it into the book of original Resolutions.
ATTEST:
PASSED and ADOPTED this 20th day of June, 2023.
Y
helley el, MMC, City Clerk
APPROVED AS TO FORM:
Barry J. s'ch
City Attorney
on Morrison, Mayor
Passed and adopted by the City Council of the City of National City, California, on
June 20, 2023 by the following vote, to -wit:
Ayes: Bush, Rodriguez, Yamane, Molina, Morrison
Nays: None,
Absent: None,
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Mayor of the City of National City, California
-Shelley Chapel
City Clerk of the City of National City, California
BY:
Shelley ChEpo MMC, City Clerk
,("rttivt
Resolution No.
June 20, 2023
City of National City
Annual Appropriations Limit
Fiscal Year 2024
Exhibit A
A. Fiscal Year 2023 Appropriations Limit $ 76,915,463
California Per Capita Cost of Living Change converted to a ratio *** 1.0444
Limit Sub -Total 80,330,510
San Diego County Population Change converted to a ratio """ 0.9987
Fiscal Year 2024 Appropriations Limit $ 80,226,080
Gann Limit Recap
Total City Appropriations $ 122,930,230
Less: Non -Tax Proceeds 57,017,015
Estimated Appropriations Subject to the Limit $ 65,913,215
Fiscal Year 2024 Appropriations Limit 80,226,080
Amount of Appropriations Below the Limit $ 14,312,865
Source - State of California, Department of Finance
http://www.dof.ca.gov/budgeting/
6/15/2023 1 of 1 Appropns Limit