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Page 2 of 2 <br />EQUITY AND SUSTAINABILITY <br />Not applicable, as this item is a routine administrative matter of City business. <br /> <br />OUTREACH <br />No outreach was conducted, as this item is a routine administrative matter of City business. <br /> <br />STRATEGIC PLAN ALIGNMENT <br />Not applicable, as this item is a routine administrative matter. <br /> <br />FISCAL IMPACT <br />There is no fiscal impact based on the FY 2024/25 appropriations limit calculation. The FY <br />2024/25 appropriations subject to the limit based on the mid-term budget are estimated to be <br />approximately $128,115,422; therefore, the City’s Appropriations Limit of $842,481,359 is not <br />anticipated to be reached or exceeded in FY 2024/25. <br /> <br />Prepared by: Submitted by: Approved by: <br /> <br /> <br />Chris Yi, Financial Services <br />Manager <br />Susan Hsieh, Director of Finance <br /> <br />Gerry Beaudin, City <br />Manager <br /> <br />Attachments: <br />1. Resolution <br />2. Appropriations Limit <br /> <br />Page 58 of 248