HomeMy WebLinkAbout2024-33 - Appropriations LimitRESOLUTION NO. 2024-33
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA,
CALIFORNIA, DETERMINING AND ADOPTING THE APPROPRIATIONS LIMIT FOR
FISCAL YEAR 2024-25, IN ACCORDANCE WITH ARTICLE XIII-B OF THE
CONSTITUTION OF THE STATE OF CALIFORNIA, AS AMENDED BY PROPOSITION
111 AND SENATE BILL 88.
THE CITY COUNCIL OF THE CITY OF COSTA- MESA DOES HEREBY
RESOLVE AS FOLLOWS:
WHEREAS, Article XIII-B was added to the Constitution of the State of California at
a general election held on November 6, 1979; and
WHEREAS, Article XIII-B was subsequently modified by Proposition 111 and Senate
Bill 88 (Chapter 60/90) at a general election held on June 5, 1990; and
WHEREAS, in accordance with Section 7910 et seq. of the Government Code of the
State of California, an annual appropriations limit must be established for the City effective
for the fiscal year beginning July 1, 2024; and
WHEREAS, the City has chosen to use the California per capita income percentage
change of 3.62% and the County 's population growth rate of 0.31 % as the factors to be
used in calculating its appropriations limit for Fiscal Year 2024-25; and
WHEREAS, these factors are applied to the City's adopted appropriations limit for
Fiscal Year 2023-2024 in determining the City's appropriations limit for Fiscal Year 2024-
25; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Costa
Mesa as follows:
The appropriations limit for Fiscal Year 2024-25 is established at $310,115,684.
Resolution No. 2024-33 Page 1 of 2
PASSED AND ADOPTED this 4th day of June, 2024.
John -Stephens, Mayor
ATTEST:
Brenda Green, "'ity Clerk
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF COSTA MESA )
ss
APPROVED AS TO FORM:
Kimberly Hall Ba I w, City Attorney
I, BRENDA GREEN, City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY
that the above and foregoing is the original of Resolution No. 2024-33 and was duly
passed and adopted by the City Council of the City of Costa Mesa at a regular meeting
held on the 4th day of June, 2024, by the following roll call vote, to wit:
AYES: COUNCIL MEMBERS: CHAVEZ, GAMEROS, MARR, REYNOLDS,
HARLAN, AND STEPHENS.
NOES: COUNCIL MEMBERS: NONE.
ABSENT: COUNCIL MEMBERS: HARPER.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the
City of Costa Mesa this 5th day of June, 2024.
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BRENDA GRE , CITY CLERK
Resolution No. 2024-33 Page 2 of 2