HomeMy WebLinkAboutRES NO 099-2024RESOLUTION NO. ® 9 9 ®2 02
A RESOLUTION ESTABLISHING THE CITY OF BAKERSFIELD
APPROPRIATIONS LIMIT FOR FISCAL YEAR 2024-25
WHEREAS, Section 7910 of the California Government Code provides that
each year the governing body of each local jurisdiction shall, by resolution,
establish its appropriations limit at a regularly scheduled meeting; and
WHEREAS, any judicial action or challenge for the 2024-25 fiscal year shall
be commenced within 45 days of the effective date of this Resolution.
WHEREAS, the City Council of the City of Bakersfield selects the per capita
personal income and the population change as growth factors in computing the
fiscal year 2024-25 appropriation limit.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Bakersfield does hereby set the appropriations limit for the fiscal year 2024-25 as
$575,210,026. Documentation used in the determination of the appropriations
limit is available to the public at the City Manager's Office, City Hall North, 1600
Truxtun Ave, Bakersfield, CA.
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'OR IGINAL'
HEREBY CERTIFY that the foregoing Resolution was passed and adopted, by the
Council of the City of Bakersfield at a regular meeting thereof held on
IN 2 6 2024 by the following vote:
✓ v v v i/
AYES' COUNCILMEMBER ARIAS, GONZALES,-WEIR, SMITH, FREEMAN, GRAY, KAUR
NOES: COUNCILMEMBER
ABSTAIN: COUNCILMEMBER
SE COUNCILMEMBER U-Q41�
APPROVED JUN 2 6 2024
By
KAR N GOH
Mayor
APPROVED AS TO FORM:
VIRGINIA GENNARO
CITY ATTORNEY
By
JOS HUA H. RUDNICK KDeputy City Attorney
Attachment: Exhibit "A''
I Llw�
J LIE DRIMAKIS, MMC
CITY CLERK and Ex Officio Clerk of
the Council of the City of Bakersfield
Page 2 of 2
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'OR!GINNAL.'
APPROPRIATIONS LIMIT PURSUANT TO STATE CONSTITUTION ARTICLE XIIIB - CITY OF BAKERSFIELD - EXHIBIT "A"
PROPOSED FISCAL YEAR 2024-25
Base Year Appropriations Limit
Adjustment Factors:
1. Cal. per capita personal income
adjustment limit
SUBTOTAL
2. Population Change Ratio
SUBTOTAL
3. Booking fees/property tax admin fees"
Appropriations limit for fiscal year
Proceeds of taxes
19-20 20-21 21-22 22-23 23-24 24-25
$408,504,776 $429,959,287 $453,175,722 $483,653,044 $524,529,390 $549,933,696
1.0385
424,232,210
1.0111
428, 941,187
$1,018,100 (t)
$429,959,287
445,996,768
1.0143
452, 374, 522
$801,200 (u)
$453,175,722
$ 230,936,800 $ 238,387,000
(t) booking fees are estimated at $379,000 and property tax admin. fees are estimated at $639,100 for FY 19-20
(u) booking fees are estimated at $160,000 and property tax admin. fees are estimated at $641,200 for FY 20-21
(v) booking fees are estimated at $160,000 and property tax admin. fees are estimated at $613,040 for FY 21-22
(w) booking fees are estimated at $160,000 and property tax admin, fees are estimated at $715,410 for FY 22-23
(x) booking fees are estimated at $160,000 and property tax admin. fees are estimated at $750,000 for FY 23-24
(y) booking fees are estimated at $160,000 and property tax admin. fees are estimated at $650,000 for FY 24-25
oGITVO
479,142,691
1.0078
482, 880, 004
$773,040 (v)
$483,653,044
$ 269,105,300
520,168, 849
1.0067
523, 653, 980
$875,410 (w)
$524,529,390
547, 818, 495
1.0022
549, 023, 696
$910,000 (x)
$549,933,696
$ 306,381,500 $ 317,584,500
1.0362
569, 841, 296
574,400,026
$810,000 (y)
$575,210,026
$ 328,230,250