HomeMy WebLinkAboutCity Council Resolution 25-032, 2025-2026 GANN limit RESOLUTION NO. 25-032
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2025-26
WHEREAS, the City of Saratoga established its base year Appropriations Limit as
$5,961,747 in Fiscal Year 1979; and
WHEREAS, the cumulative impact of changes to population and to the California per
capita personal income since the base established a fiscal year 2024-25 Appropriations Limit of
$58,650,291; and
WHEREAS, the California Department of Finance's May 2025 memorandum specifies a
6.44 percent increase in per capita personal income for the twelve-month period ended December
31, 2024 and
WHEREAS, the California Department of Finance's May 2025 memorandum specifies a
0.29 percent increase in the City of Saratoga's population and a 0.04 percent increase in the County
of Santa Clara's population for the twelve-month period ended December 31, 2024; and
WHEREAS, State law provides an adjustment to the prior year Appropriation Limit by
combining the change in per capita personal income, and either the city or county's change in
population, at the discretion of the city or county's governing board;
NOW,THEREFORE BE IT RESOLVED,the City of Saratoga's 2025-26 Appropriations Limit
is $62,452,341 as calculated in conformity with Article XIIIB of the Constitution of the State of
California and detailed in Exhibit A.
The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga
City Council held on the 18 day of June 2025 by the following vote:
AYES: COUNCIL MEMBERS FITZSIMMONS, WALIA, ZHAO, VICE MAYOR
PAGE, MAYOR AFTAB
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
Belal Y. A ab, N,12ydl
ATTEST:
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Britt Avrit, MMC, City Clerk
Resolution No. 25-032
Page 2
Exhibit A
City of Saratoga
Appropriations Limit Calculation
Population CaliforniaFiscal Year
Change Per Capita
Income
CountyFiscal year Prior Year • Adjustment Fiscal Year
-
Limit •
2015-16 36,243,974 1.0113 1.0000 1.0382 1.0499 38,053,696
2016-17 38,053,696 1.0126 1.0053 1.0537 1.0670 40,602,404
2017-18 40,602,404 1.0081 1.0023 1.0369 1.0453 42,441,648
2018-19 42,441,648 1.0099 1.0052 1.0367 1.0470 44,434,849
2019-20 44,434,849 1.0033 1.0003 1.0385 1.0419 46,297,871
2020-21 46,297,871 1.0037 1.0009 1.0373 1.0411 48,202,473
2021-22 48,202,473 0.9944 0.9901 1.0573 1.0514 50,679,074
2022-23 50,679,074 0.9931 0.9966 1.0755 1.0718 54,320,026
2023-24 54,320,026 0.9975 0.9938 1.0444 1.0418 56,590,005
2024-25 56,590,005 1.0002 0.9992 1.0362 1.0364 58,650,291
2025-26 58,650,291 1 1.0004 1 1.0029 1.0644 1.0648 162,452,341
Data Source:Annual percentage change in population and per capita income provided by California Department of
Finance per California Revenue and Taxation Code section 2227.
`Greater of County or City population change used for"Appropriation Factor"calculation.