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HomeMy WebLinkAbout2024-058 - Resolution RESOLUTION NO. 2024-058 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, ESTABLISHING AMENDED APPROPRIATIONS LIMITS PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION FOR FISCAL YEARS 2012/13 THROUGH 2O23/24 WHEREAS, Article XIIIB of the State of California provides that the total annual appropriations subject to limitation of the State and of each local government shall not exceed the appropriations limit of such entity of government for the prior year adjusted for changes in the cost of living and population except as otherwise provided in said Article XIIIB; and WHEREAS, pursuant to said Article XIIIB of the Constitution of the State of California, the City Council of the City of Rancho Cucamonga deems it to be in the best interests of the City of Rancho Cucamonga to establish an amended appropriations limit for Fiscal Years 2012/13 through 2023/24; and WHEREAS, the the Finance Director of the City of Rancho Cucamonga has reviewed the appropriations limits and determined that the appropriations limits for Fiscal Years 2012/13 through 2023/24 should be amended. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga hereby resolves as follows: Section 1. The above recitals are true and correct and are a substantive part of this Resolution Section 2. Pursuant to Article XIIIB of the Constitution of the State of California, the City Council of the City of Rancho Cucamonga hereby amends the appropriations limits for Fiscal Years 2012/13 through Fiscal Year 2023/24 as follows: Fiscal Year 2012/13: $69,005,753 Fiscal Year 2013/14: $73,946,565 Fiscal Year 2014/15: $77,074,505 Fiscal Year 2015/16: $80,905,108 Fiscal Year 2016/17: $86,261,026 Fiscal Year 2017/18: $90,487,816 Fiscal Year 2018/19: $97,871,622 Fiscal Year 2019/20: $103,714,558 Fiscal Year 2020/21: $112,042,837 Resolution No. 2024-058— Page 1 of 3 Fiscal Year 2021/22: $118,664,569 Fiscal Year 2022/23: $129,890,237 Fiscal Year 2023/24: $135,826,221 Section 3. Said amended appropriations limits herein established may be further amended as deemed necessary by resolution of the City Council. Section 4. The City Clerk shall certify to the adoption of this Resolution. Resolution No. 2024-058— Page 2 of 3 PASSED, APPROVED, and ADOPTED this 27' day of June, 2024. y e B. Kennedy, Mayo o Tern ATTEST: Ja a C. eynolds, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO, ) ss CITY OF RANCHO CUCAMONGA ) I, Janice C. Reynolds, City Clerk of the City of Rancho Cucamonga, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, at a Special Meeting of said Council held on the 27th day of June, 2024. AYES: Hutchison, Kennedy, Scott, Stickler NOES: None ABSENT: Michael ABSTAINED: None Executed this 27th day of June, 2024, at Rancho Cucamonga, California. 1_.r:P�P• s`':_>.r��a?c .=, r";{,, - •: ice C. eynolds, City Clerk Resolution No. 2024-058— Page 3 of 3