HomeMy WebLinkAboutResolution No. 4080 - Appropriations LimitResolution No. 4080
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STATE OF CALIFORNIA ) RESOLUTION NO. 4080
COUNTY OF RIVERSIDE) ss
CITY OF SAN JACINTO )
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SAN JACINTO, CALIFORNIA, ESTABLISHING THE
APPROPRIATIONS LIMIT FOR FISCAL YEAR 2025-2026
WHEREAS, Article XIIIB of the California Constitution provides for establishment of
a formal appropriations limit from the proceeds of taxes; and
WHEREAS, a formal appropriations limit has not been established for Fiscal Year
2025-2026; and
WHEREAS, the California Department of Finance has provided per capita personal
income and population change data for calculating the allowed increases in the
appropriations limit for fiscal year 2025-2026; and
WHEREAS, the California personal income tax factor has increased for the fiscal
year 2025-2026; and
WHEREAS, the City of San Jacinto elects to select the methods of calculation using
1) the increase in California per capita personal income in lieu of the increase in assessed
value of non-residential new construction and 2) the population growth of Riverside
County in lieu of the population growth within the City, and
WHEREAS, attachment A to this resolution provides the calculation for the 20 25-
2026 appropriations limit;
NOW, THEREFORE, BE IT RESOLVED, determined, and ordered by the City
Council of the City of San Jacinto, County of Riverside, State of California, as follows:
The appropriations limit from proceeds of taxes is hereby established as
$81,934,129 for fiscal year 2025-2026.
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Resolution No. 4080
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PASSED, APPROVED, AND ADOPTED this 17th day of June 2025, by the
following vote:
AYES: Ledezma, Ayala, Ruiz, Sanchez, Vandever
NAYS: None
ABSENT: None
ABSTAIN: None
CITY OF SAN JACINTO:
Valerie Vandever, Mayor
ATTEST:
__
Julia Espinoza, City Clerk
APPROVED AS TO FORM:
Best Best & Krieger LLP
_____________________________
Craig Hayes, City Attorney
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Resolution No. 4080
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STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE) ss
CITY OF SAN JACINTO )
CERTIFICATION
I, Julia Espinoza, City Clerk of the City of San Jacinto, DO HEREBY CERTIFY that
the foregoing Resolution No. 4080 was passed, approved, and adopted at a regular
meeting of the City Council of the City of San Jacinto held on the 17th day of June 2025
by the following vote:
AYES: Ledezma, Ayala, Ruiz, Sanchez, Vandever
NAYS: None
ABSENT: None
ABSTAIN: None
WITNESS MY HAND AND OFFICIAL SEAL this 17th day of June 2025.
__________________________
Julia Espinoza, City Clerk
City of San Jacinto
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