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CC Resolution 12853 - Appropriations limit for FY 2023RESOLUTION NO. 12853 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2023 PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA ST ATE CONSTITUTION WHEREAS, Proposition 4 was adopted by the voters of the State of California on November 6, 1979, adding Article XIII B of the California State Constitution; and WHEREAS, Proposition 111 was adopted by the voters of the State of California on June 5, 1990, amending Article XIII B of the California State Constitution; and WHEREAS, pursuant to Section 8 of Article XIII B of the California State Constitution, the City Council determines that the change in the cost of living shall be measured by the percentage change in Per Capita Personal Income as provided by the State of California Department of Finance from the preceding year and the change in population shall be measured by the change in the County of Santa Clara's population growth; and WHEREAS, the City Council of the City of Campbell wishes to establish this appropriations limit for the Fiscal Year 2023 pursuant to Article XIII B of the California State Constitution. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell hereby finds and determines that the appropriations limit for Fiscal Year 2022 is $86,662,718. PASSED AND ADOPTED this 215f day of June, 2022, by the following roll call vote: AYES: COUNCILMEMBERS: Gibbons, Landry, Lopez, Bybee, Resnikoff NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None APPROVED: Paul Resnikoff, Mayor ATTEST: `t 'J J J� Dusty Christopherson, City Clerk