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HomeMy WebLinkAboutRES-11622 GANN APPROPRIATIONS LIMIT FY 2025-2026RESOLUTION NO. 11622 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE ADOPTING THE APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2025-2026 WHEREAS, the voters of California on November 6, 1979, added Article XIIIB to the State Constitution placing various limitations on the appropriations of the state and local governments; and WHEREAS,Article XIIIB was amended by Proposition 111 and SB88 to provide for the calculation of the appropriations limit for Fiscal Years beginning with 1990-91 using,at the City's election,the City's own population growth or the population growth of the County,and the growth in California per capita income or the growth in non-residential assessed valuation due to new construction; and WHEREAS, data necessary to calculate the.growth in the non-residential assessed value was not available from the County Assessor and the City may need to adjust the limit on appropriations once the data is available; and WHEREAS, the information and the elections made as set forth above are necessary for making these adjustments and are attached as Exhibit"A"; and WHEREAS, the City of Orange, to the best of its knowledge, has complied with all the provisions of Article XIIIB in determining the appropriation limit for Fiscal Year 2025-2026. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange that the Appropriations Limit in Fiscal Year 2025-2026 shall be $254,022,817 and the City's appropriations subject to limitation are$127,542,785. ADOPTED this 24th day of June 2025. ie1 R. Slater, Mayor, City of Orange ATTEST: P/611,0 Pamela Coleman, City Clerk, City of Orange. APPROVED AS TO FORM: Wayne ers Interim City Attorney, City of Orange Attachment: Exhibit A STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ORANGE I, PAMELA COLEMAN, City Clerk of the City of Orange, California, do hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the 24th day of June 2025 by the following vote: AYES: COUNCILMEMBERS: Bilodeau, Barrios, Dumitru, Tavoularis, Gutierrez, Gyllenhammer, Slater NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None Pamela Coleman, City Clerk, City of Orange 2 EXHIBIT "A" 2025-26 APPROPRIATIONS LIMIT UNDER ARTICLE XIHB 2025-26 APP:ROPRIATION LIMIT IS CALCULATED AS FOLLOWS: 20-21 21-22 22-23 23-24 24-25 25-26 POPULATION GROWTH 0.9975 0.9847 1.0010 1.0066 1.0031 1.0095 CHANGE IN PER CAPITA INCOME 1.0373 1.0573 1.0755 1.0444 '1.0362 1.0644 TOTAL ADJUSTMENT 1.0347 ' 1.0411 1.0766 1.0513 1.0394 1.0746 LAST YEAR'S LIMIT 186,534,130 193,008,124 200,945,256 216,332,740 227,430,610 236,397,215 CURRENT YEAR'S LIMIT 193,008,124 200,945,256 216,332,740 227,430,610 236,397,215 254,022,817 OTHER ADJUSTMENTS: ASSUMED RESPONSIBILITY: BOOKING FEES PROP TAX ADMIN CHG ADJ.CURRENT YR.LIMIT 193,008,124 200,945,256 216,332,740 227,430,610 236,397,215. 254,022,817 The following information was provided by the State Department of Finance in order to calculate the Appropriation Limit for 2025-26: Greater of City County City County Population Fiscal Year Date Population Population Growth Growth Changes 20-21 01-01-19 140,410 3,192,279 01-01-20 140,065 3,193,693 0.25% 0.04% 0.04% 21-22 01-01-20 139,504 3,180,440. 01-01-21 137,366 3,153,718 1.53%0.84%0.84% 22-23 01-01-21 137,534 3,168,941 01-01-22 137,676 3,161,604 :0.10%0.23% 0.10% 23-24 01-01-22 138,155 3,151,305 01-01-23 139,063. 3,136,922 0.66%0.46%0.66% 0.16% 0.31% 0.31% 24-25 01-01-23 138,842 3,140,716 01-01-24 138,621 3,150,493, 25-26 01-01-24 138,403 3,169,873 01-01-25 139,724 3,175,233 0.95% 0.17% 0.95% EXHIBIT "A" 2024-25 APPROPRIATIONS LIMIT UNDER ARTICLE XIIIB (Continued) Percentage Changes in Per Capita Personal Income: 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 3.73% 5.73% 7.55% 4.44% 3.62% ' 6.44% Per Capita Income Converted to a Ratio: 2020-21 2021-22 2022-23 2023-24 2023-24 ' 2025-26 1.0373 1.0573 1.0755 1.0444 1.0362 1.0644 EXHIBIT "A" 2025-26 APPROPRIATIONS LIMIT UNDER ARTICLE XIIIB 2025-26 APPROPRIATION LIMIT IS CALCULATED AS FOLLOWS: 20-21 21-22 22-23 23-24 '. 24-25 25-26 POPULATION GROWTH 0.9975 0.9847 1.0010 1.0066 1.0031 1.0095 CHANGE IN PER CAPITA INCOME 1.0373 1.0573 1.0755 1.0444 1.0362 1.0644 TOTAL ADJUSTMENT 1.0347'1.0411 1.0766 1.0513 1.0394 1.0746 LAST YEAR'S LIMIT 186,534,130 193,008,124 200,945,256 216,332,740 227,430,610 236,397,215 CURRENT YEAR'S LIMIT ' 193,008,124 200,945,256 216,332,740 227,430,610 236,397,215 254,022,817 OTHER ADJUSTMENTS: ASSUMED RESPONSIBILITY: BOOKING FEES PROP TAX ADMIN CHG ADJ.CURRENTYR.LIMIT 193,008,124. 200,945,256 216,332,740 227,430,610 236,397,215 254,022,817 The following information was provided by the State Department of Finance in order to calculate the Appropriation Limit for 2025-26: Greater of City County City County Population Fiscal Year Date Population Population Growth Growth Changes 20-21 01-01-19 140,410 3,192,279 01-01-20 140,065 ' 3,193,693 0.25% 0.04% 0.04% 21-22 01-01-20 139,504 3,180,440, 01-01-21 137,366 3,153,718 1.53% 0.84%0.84% 22-23 01-01-21 137,534 3,168,941 01-01-22 137,676 3,161,604 0.10% 0.23% ' 0.10% 23-24 01-01-22 138,155 3,151,305 01-01-23 139,063 3,136,922 0.66%0.46%0:66% 24-25 01-01-23 138,842 3,140,716 01-01-24 138,621 3,150,493 0.16% 0.31% 0.31% 25-26 01-01-24 138,403 3,169,873 01-01-25 139,724 3,175,233 0.95% 0.17% 0.95% EXHIBIT "A" 2024-25 APPROPRIATIONS LIMIT UNDER ARTICLE XIIIB (Continued) Percentage Changes in Per Capita Personal Income: 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 3.73% 5.73% 7.55% 4.44% 3.62% 6.44% Per Capita Income Converted to a Ratio: 2020-21 2021-22 2022-23 2023-24 2023-24 2025-26 1.0373 1.0573 1.0755 1.0444 1.0362 1.0644