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HomeMy WebLinkAboutReso 8510RESOLUTION NO. 8510 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS RESCINDING RESOLUTION NO. 8494 AND AMENDING THE APPROPRIATION LIMIT FOR THE FISCAL YEAR 2023-2024 PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTION WHEREAS, Article XIIIB of the California Constitution provides that the total appropriations subject to limitation of each governmental entity, including this city, shall not exceed the appropriation limit of such entity of government for the prior year adjusted for changes in the cost of living or personal income and population, except as otherwise provided for in said Article XIIIB and implementing State statutes; and WHEREAS, pursuant to said Article XIIIB of the California Constitution and Section 7900 et seq. of the California Government Code, the City is required to set an appropriation limit for each fiscal year; and WHEREAS, the Management Services / Finance Director of the City of Redlands has interpreted the technical provisions of said Article XIIIB computations and has caused a technical review to be made of the documentation for the City's said appropriation limitation, utilizing the population growth factor for the County, which is higher than that of the City, and has caused the numbers upon which the City's appropriation limit was and is based to be calculated; and WHEREAS, the City Council chooses to adjust the City's Appropriations Limit by calculating inflation using the California per capita personal income growth; and WHEREAS, based on such calculation, the Management Services / Finance Director has determined the said appropriation limit and, pursuant to Section 7910 of the California Government Code, has made available to the public the documentation used in the determination of said appropriation limit 15 days in advance of consideration of the adoption of this resolution; NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Redlands, California, that Resolution No. 8494 is rescinded and said appropriation limit for the Fiscal Year 2023-24 shall be and is hereby set in the amount of $158,925,169. ADOPTED, SIGNED AND APPROVED this 5th day of S )teritber ddie Tejeda, Mayor e Donaldson, City Clerk 1 I:\Resolutions\Res 8500-8599\8510 Amending_the_Appropriations_Limit (GANN_2023-24).doc jm I, Jeanne Donaldson, City Clerk of the City of Redlands, hereby certify that the foregoing resolution was duly adopted by the City Council at a regular meeting thereof held on the 5th of September, 2023 by the following vote: AYES: Councilmembers Barich, Davis, Guzman -Lowery, Saucedo; Mayor Tejeda NOES: None ABSENT: None ABSTAINED: None nne Donaldson, City Clerk 2 I:\Resolutions\Res 8500-8599\8510 Amending the_Appropriations_Limit (GANN 2023-24).doc jm