Resolution 16059CITY OF ALAMEDA RESOLUTION NO. 16059
ESTABLISHING APPROPRIATIONS LIMIT FOR FISCAL YEAR
2023-24
WHEREAS, pursuant to Article XIIIB of the Constitution of the State of California, the
City Council of the City of Alameda is required to establish an appropriations limit for Fiscal
Year (FY) 2023-24; and
WHEREAS, the Appropriations Limit has been determined in accordance with uniform
guidelines for Article XIIIB of the California Constitution; and
WHEREAS, the voters approved Proposition 111 in June 1990, which allows for new
adjustment formulas for the appropriations limit calculation that is responsive to local growth
issues; and
WHEREAS, the adjustment factors used to arrive at the FY 2023-24 limit are as
follows:
City Population change of (0.20)%;
Non-residential New Construction change of 4.45%
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that
said Council hereby establishes the Appropriations Limit in the amount of $158,680,387 for
FY 2023-24.
I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly
adopted and passed by the Council of the City of Alameda in a regular meeting assembled
on the 20th day of June 2023, by the following vote to wit:
AYES: Councilmembers Daysog, Herrera Spencer, Jensen, Vella and
Mayor Ezzy Ashcraft — 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said
City this 21St day of June 2023.
APPROVED ,qS-T ORM: , !'
Yibin Shen, City Ati
City of Alamed
Lara Weisiger, City CIerII
City of Alameda