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Resolution 2019-24RESOLUTION NO. 2019-24 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY REPEALING AND REPLACING RESOLUTION NO. 2018-14 PERTAINING TO THE APPROPRIATION LIMIT FOR FISCAL YEAR 2018-2019 WHEREAS, the voters of the State of California elected to add Article XIII. B. of the California Constitution known as the Gann Initiative and Proposition 4; and WHEREAS, the State of California, Department of Finance, and the League of California Cities have established uniform guidelines and have published appropriate percentages for California per capita personal income and population changes for the implementation of the subject limit. WHEREAS, the City Council of the City of Gilroy adopted Resolution No. 2018-14, establishing the appropriation limit for Fiscal Year 2018-2019 at $168,139,825; and WHEREAS, under review the appropriation limits were unduly low, and the City's independent auditor has recommended amending the limit to the correct higher amount. NOW, THEREFORE, BE IT RESOLVED that Resolution No. 2018-14 is repealed, and replaced with this resolution. BE IT FURTHER RESOLVED that the appropriation limit for the City of Gilroy for Fiscal Year 2018-2019 is amended to $179,932,769. PASSED AND ADOPTED at a Regular Meeting of the City Council this 3rd day of June, 2019 by the following roll call vote: AYES: COUNCILMEMBERS: BLANKELY, BRACCO, LEROE-MUNOZ, MARQUES, TOVAR, TUCKER and VELASCO NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE RESOLUTION NO. 2019-24 rTTE ST a Freels, City Clerk`s E' :• I Rola it Blasco, Mayor RESOLUTION NO.2019-24 I, SHAWNA FREELS, City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 2019-24 is an original resolution, or true and correct copy of a city Resolution, duly adopted by the Council of the City of Gilroy at a regular meeting of said held on the P day of June, 2019, at which meeting a quorum was present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of the City of ilroy this 4h' day f June, 2019. a Freels, I v City Clerk of the City of Gilroy (Seal)