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2024/06/25 City Council Resolution 2024-041 RESOLUTION NO. 2024-041 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK ADOPTING AN APPROPRIATIONS LIMIT FOR THE CITY OF ROHNERT PARK FOR THE 2024-25 FISCAL YEAR PURSUANT TO ARTICLE XIII B OF THE CALIFORNIA CONSTITUTION WHEREAS, Article XIII B of the California Constitution, added by Proposition 4 (November 1979) and subsequently amended by Proposition 98 (November 1988) and Proposition 111 (June 1990), provides for an annual appropriations limit for state and local governments beginning with the 1980-81 fiscal year, based on the 1978-79 appropriations, as adjusted for the changes in the cost of living or per capita personal income, population, and other specified factors; and, WHEREAS, implementing legislation, which became effective January 1, 1981, provides that each year the governing body of each local jurisdiction shall, by resolution, establish its appropriations limit for the year pursuant to Article III B at a regularly scheduled meeting or noticed special meeting; and, WHEREAS, Article XIII B of the California Constitution provides for certain revisions in the population and inflation factors used in the calculation of the appropriations limit and further provides for a recalculation of the appropriation limit data for the fiscal years 1987-88 through 1990-91; and, WHEREAS, the appropriation limit for the City of Rohnert Park for the 2024-25 fiscal year has been calculated to be $70,694,620, using such revisions and recalculations; and, WHEREAS, the legislation provides that documentation used in the determination of the appropriations limit shall be available to the public 15 days before such meeting, and that obligation has been met. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rohnert Park that it does hereby approve the total annual appropriations subject to limitation are $33,257,600 and the appropriations limit is $70,694,620 that for fiscal year 2024-25. BE IT FURTHER RESOLVED that the City Council of Rohnert Park hereby (a) elects the change in the California Per Capita Income for calculating the inflation factor, and (b) elects the change in the City of Rohnert Park's population for calculating the population factor, necessary to determine the City's appropriation limit. DULY AND REGULARLY ADOPTED this 25th day of June, 2024. CITY 0 NE PARK ATTEST: Susan H. A ams, Mayor Sylvia Lopez Cuevas, City - er APPROV D ORM: i i e e . enyon, City Attorney Attachments: Exhibit A ELWARD:Altir_RODRIGUEZ,: SANBORN:4 je.' GIUDICE: ADAMS:/�(�}v ( ([ ) NO SE : ({ ABSENT: (( ) ABSTAIN: J J Resolution 2024-041 Page 2 of 2 Exhibit A CITY OF ROHNERT PARK Article XIIIB Appropriations Limit (GANN) Calculation Fiscal Year 2024-25 FY 2023-24 Appropriations Limit, as Adopted 68,251,226$ Adjustment Factors: Price Factor (1)1.0362 Population (2)0.9996 Total Adjustment Factors (3)1.0358 Total Adjustments 2,443,394 FY 2024-25 Appropriations Limit (Rounded)70,694,620$ Appropriations Subject To Limitation Fiscal Year 2024-25 Proceeds of Taxes 33,257,600$ User Fees and Charges in Excess of Costs 0 Appropriations Subject to Limit 33,257,600 FY 204-25 Appropriations Limit 70,694,620$ Less Appropriations Subject to the Limit 33,257,600 Under/(Over) Appropriations Limit 37,437,020$ (2) The population factor may be based on the change in population of 1) the City or 2) the County of Sonoma, as provided by the State of California's Department of Finance. The population factor adopted by the City for the current year appropriation limit represents the change in population of the City of Rohnert Park (3) The total adjustment factor is calculated by multiplying the population factor by the price factor. (1) The price factor may be based on 1) the change in per capita personal income for the State of California's Department of Finance; or 2) the change in the assessed valuation due to new non-residential construction within the City. The inflation factor adopted by the City for the current year appropriation limit represents the change in per capita personal income.