HomeMy WebLinkAboutR 2025-039
RESOLUTION NO. 2025-039
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARROYO GRANDE ADOPTING A TAX PROCEEDS
EXPENDITURE APPROPRIATION LIMIT FOR FISCAL
YEAR 2025-26
WHEREAS, Government Code sections 7900 et seq. provide for the effective and
efficient implementation of Article XIIIB of the California Constitution; and
WHEREAS, Government Code sections 7901 through 7914 provide that each year, the
governing body of each local jurisdiction shall, by resolution adopted at a regularly
scheduled meeting, establish the annual adjustment factors to be used and the tax
proceeds expenditure appropriation limit; and
WHEREAS, establishing the appropriation limit for Fiscal Year 2025-26 is not a project
subject to the California Environmental Quality Act (“CEQA”) because it has no potential
to result in either a direct, or reasonably foreseeable indirect, physical change in the
environment. (State CEQA Guidelines, §§ 15060, subd. (c)(2)-(3), 15378.)
NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Arroyo Grande
as follows:
1. The recitals above are true and correct and are incorporated herein by reference,
and adopted as findings by the City Council.
2. The California per capita income and the population for the County of San Luis
Obispo, California are recognized as the annual adjustment factors for Fiscal Year
2025-26.
3. The appropriation limit for Fiscal Year 2025-26 is hereby set at thirty million, seven
hundred eight thousand, six hundred and one dollars ($30,708,601).
4. Documentation used in the determination of the tax proceeds expenditure
appropriation limit is attached hereto as Exhibit A and incorporated herein by this
reference.
5. This Resolution is effective on its date of adoption.
On motion of Council Member Secrest, seconded by Council Member Loe, and on the
following roll call vote, to wit:
AYES: Council Member Secrest, Loe, Maraviglia, Guthrie, and Mayor Ray Russom
NOES: None
ABSENT: None
the foregoing Resolution was passed and adopted this 24th day of June, 2025.
CAREN RAY RUSSOM, MAYOR
ATTEST:
JESSICA MATSON, CITY CLERK
APPROVED AS TO CONTENT:
MATTHEW DOWNING, CITY MANAGER
APPROVED AS TO FORM:
ISAAC ROSEN, CITY ATTORNEY
RESOLUTION NO. 2025-039
PAGE 2
EXHIBIT A
Appropriation limit for 2024-25 28,875,036 (A)
Multiplied by the appropriation limit change factors:
Per Capita Personal Income Change:6.44%
=
100
Population Factor - San Luis Obispo County
2024 279,568
2025 279,337 -0.1%
(231)
==
279,337 100
Appropriation limit factor: (B x C)1.0635 (D)
APPROPRIATION LIMIT FOR FISCAL YEAR 2025-26 (A x D)30,708,601$
27,233,700$
Amount under (over) limit 3,474,901
ESTIMATED 2025-26 PROCEEDS OF TAXES SUBJECT
TO APPROPRIATION LIMIT
1.0644
Conversion to ratio:(231) -0.1% +100 0.99917 (C)0.99917
CITY OF ARROYO GRANDE
CALCULATION OF APPROPRIATION LIMIT FROM TAX PROCEEDS
FOR FISCAL YEAR 2025-26
Conversion to ratio:6.44% +100 1.0644 (B)
OFFICIAL CERTIFICATION
I, JESSICA MATSON, City Clerk of the City of Arroyo Grande, County of San Luis
Obispo, State of California, do hereby certify under penalty of perjury, that the
attached Resolution No. 2025-039 was passed and adopted at a regular meeting
of the City Council of the City of Arroyo Grande on the 24th day of June, 2025.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 26th day
of June, 2025.
JESSICA MATSON, CITY CLERK