Laserfiche WebLink
Attachment 1 <br />RESOLUTION NO. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON, <br />ADOPTING THE FISCAL YEAR 2022/23 APPROPRIATIONS LIMIT <br />WHEREAS, Article X11113 of the State of California Constitution (Proposition 4 on the <br />November 6, 1979 ballot) requires that each year the governing body of each local agency <br />establish its appropriations limit for the following year; and <br />WHEREAS, Proposition 111, passed by the voters in June of 1990, expands the choices <br />for making annual adjustments to the appropriations limit based on various growth factors; and <br />WHEREAS, the City Council has determined that the growth factors of (1) the <br />percentage change in the Alameda County's population, and (2) the percentage change in <br />California per capita personal income will be used to establish the FY 2022/23 appropriation <br />limit; and - <br />WHEREAS, selecting these growth factors will result in a new limit for FY 2022/23 of <br />$786,407,036. <br />NOW, THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF <br />PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: <br />Section 1: The Proposition 111 growth factors selected for fiscal year 2022/23 for determining <br />the City's Proposition 4 appropriations limit are (1) the percentage change in Alameda County's <br />population and, (2) the percentage change in California per capita personal income. <br />Section 2: The appropriation limit for fiscal year 2022/23 is $786,407,036. <br />Section 3: This resolution shall become effective immediately upon its passage and adoption. <br />Section 4: The City Clerk shall certify to the passage of this resolution and enter it into the <br />book of original resolutions. <br />PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at <br />a regular meeting held on June 21, 2022. <br />I, Jocelyn Kwong, City Clerk of the City of Pleasanton, California, certify that the <br />foregoing resolution was adopted by the City Council at a regular meeting held on the 21st of <br />June, 2022, by the following vote: <br />Ayes: <br />Noes: <br />Absent: <br />Abstain: <br />Jocelyn Kwong, City Clerk <br />APPROVED AS TO FORM - <br />Daniel G. Sodergren, City Attorney <br />