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HomeMy WebLinkAboutResolution 2025-23 - Appropriation Limit FY2025-26.pdf RESOLUTION 2025-23 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY ADOPTING THE CITY OF GILROY APPROPRIATION LIMIT FOR FISCAL YEAR 2025-2026 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 2025-2026 is $263,486,711. PASSED AND ADOPTED by the City Council of the City of Gilroy at a regular meeting duly held on the 2nd day of June 2025 by the following roll call vote: AYES: COUNCIL MEMBERS: Bracco; Cline; Fugazzi; Hilton; Marques; Ramirez; Mayor Bozzo NOES: COUNCIL MEMBERS: ABSTAIN: COUNCIL MEMBERS: ABSENT: COUNCIL MEMBERS: APPROVED: ______________________________ Greg Bozzo, Mayor ATTEST: Bryce Atkins, Acting City Clerk Docusign Envelope ID: E1371079-DE06-4446-B620-DCC1F865063F Resolution No. 2025-23 Appropriation Limit for Fiscal Year 2025-2026 City Council Regular Meeting | June 2, 2025 Page 2 of 2 CERTIFICATE OF THE CLERK I, BRYCE ATKINS, Acting City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 2025-23 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 Council held on Monday, June 2, 2025, with a quorum present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of the City of Gilroy this June 10, 2025. ____________________________________ Bryce Atkins Acting City Clerk of the City of Gilroy Docusign Envelope ID: E1371079-DE06-4446-B620-DCC1F865063F