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HomeMy WebLinkAboutResolution No. 2024-24 | FY 24 and FY 25 Appropriations LimitRESOLUTION NO. 2024-24 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY ADOPTING THE CITY OF GILROY APPROPRIATION LIMIT FOR FISCAL YEAR 2024-25 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. NOW, THEREFORE, BE IT RESOLVED THAT the appropriation limit for the City of Gilroy for Fiscal Year 2024-25 is $244,851,458, as calculated and included in Exhibit A. PASSED AND ADOPTED this 3rd day of JUNE, 2024 by the following roll call vote: AYES: NOES: ABSENT: COUNCIL MEMBERS: BRACCO, ARMENDARIZ, MARQUES, HILTON, CLINE, BLANKLEY COUNCIL MEMBERS: COUNCIL MEMBERS: TOVAR APPROVED: ______________________________ Marie Blankley, MayorATTEST: Beth Minor, Interim City Clerk DocuSign Envelope ID: 138997DB-AD18-4541-B6F5-E72AE261BAF1 Resolution No. 2024-24 Resolution Setting Appropriation Limit for Fiscal Year 2024-25 City Council Regular Meeting | June 3, 2024 Page 2 of 2 CERTIFICATE OF THE CLERK I, BETH MINOR, Interim City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 2024-24 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 Council held Monday, June 3, 2024 with a quorum present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of the City of Gilroy this 4th day of June, 2024. ____________________________________ Beth Minor Interim City Clerk of the City of Gilroy (Seal) DocuSign Envelope ID: 138997DB-AD18-4541-B6F5-E72AE261BAF1