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HomeMy WebLinkAbout2025-82 - Annual Appropriations Limit for Fiscal Year 2026 RESOLUTION NO. 2025 - 82 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA, APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT OF $88,935,393 FOR FISCAL YEAR 2026. 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 2026 are set forth in Exhibit "A"; and WHEREAS, the result of applying the cost of living and population change factors to the fiscal year 2025 appropriation limit results in a limit of$88,935,393 for fiscal year 2026. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: Section 1: That the City Council hereby approves and adopts the appropriation limit of $88,935,393 for fiscal year 2026. 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. PASSED and ADOPTED this 5th day of A st, 2025. n Morrison, Mayor ATTEST: 2r)( I'‘' Shelley 4 pel, MMC, City Clerk APPROVED AS TO FORM: Barry City Attorn y Passed and adopted by the City Council of the City of National City, California, on August 5, 2025 by the following roll-call vote, to-wit: Ayes: Molina, Rodriguez, Yamane, Bush, Morrison Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: Ron Morrison Mayor of the City of National City, California oF� Shelley Chapel t-f/ \ City Clerk of the City of National City, California • BY: 71Shelley Ch I, MMC, City Clerk