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Home My WebLink About2025-28 - Determining and Establishing an Appropriations Limit for Fiscal Year 2025-26 in Accordance with Article XIII B of the California Constitution and Government Code Section 7910RESOLUTION NO. 2025-28 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, CALIFORNIA, DETERMINING AND ESTABLISHING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 2025-26 IN ACCORDANCE WITH ARTICLE XIII B OF THE CALIFORNIA CONSTITUTION AND GOVERNMENT CODE SECTION 7910 WHEREAS, Article XIII B was added to the California Constitution at the special State-wide election held November 6, 1979 (commonly known as Proposition 4), WHEREAS, Government Code Section 7910 was added to Chapter 1205 by Statute at the Regular Session of the California Legislature in 1980; WHEREAS, Proposition 111, which, among other things, provides new annual adjustment formulas for the Appropriations Limit, was approved by the voters in June, 1990; WHEREAS, the State of California Department of Finance have published population and per capita income growth indexes, as well as guidelines for the uniform application of Proposition 111; WHEREAS, Government Code Section 7910 requires the governing body of each local jurisdiction to adopt, by resolution, its appropriations limit; and WHEREAS, said appropriations limit must be adhered to in preparing and adopting the City of Newport Beach's annual budget. NOW, THEREFORE, the City Council of the City of Newport Beach resolves as follows: Section 1: In accordance with Article XIII B of the California Constitution and Government Code Section 7910, the appropriations limit for the fiscal year commencing July 1, 2025, for the City of Newport Beach is $273,258,369. The computation of appropriations for the 2025-26 fiscal year are set forth in detail in Attachment A hereto, which is incorporated herein by this reference. Section 2: Said appropriations limit shall be adhered to in the City of Newport Beach budget for the 2025-26 fiscal year. Section 3: The recitals provided in this resolution are true and correct and are incorporated into the operative part of this resolution. Resolution No. 2025-28 Page 2 of 2 Section 4: If any section, subsection, sentence, clause or phrase of this resolution is, for any reason, held to be invalid or unconstitutional, such decision shall not affect the validity or constitutionality of the remaining portions of this resolution. The City Council hereby declares that it would have passed this resolution, and each section, subsection, sentence, clause or phrase hereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses or phrases be declared invalid or unconstitutional. Section 5: The City Council finds the adoption of this resolution is not subject to the California Environmental Quality Act ("CEQA") pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Division 6, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. Section 6: This resolution shall take effect immediately upon its adoption by the City Council, and the City Clerk shall certify the vote adopting the resolution. ADOPTED this 10th day of June, 2025. ATTEST: b"), Leilani I. Brown City Clerk APPROVED AS TO FORM: CITY TTORNEY'S OFFICE AArori C. Harp City Attorney 04,0 Joe tapl ton Mayor Attachment A: Computation of Appropriations Limit for FY 2025-2026 CITY OF NEWPORT BEACH COMPUTATION OF APPROPRIATIONS LIMIT FOR FISCAL YEAR ENDING JUNE 30, 2026 AS PER ARTICLE XIIIB, CALIFORNIA STATE CONSTITUTION PRIOR YEAR LIMIT INFLATION POPULATION ADJUST. (1) ADJUST. (2) NEW APPROP. LIMIT 2025-2026 256,289,570 6.44% 0.17% 1 273,258,369 note (1): Based on California per capita income increases note (2): Based on Orange County Population growth CALCULATION OF ESTIMATED PROCEEDS OF TAXES FOR FISCAL YEAR ENDING JUNE 30, 2026 Total Estimated Proceeds of Taxes Less Authorized Exclusions Net Proceeds of Taxes $247,453,704 note (3) $0 $247,453,704 note (3): Since 2025-26 estimated proceeds are substantially less than the Appropriations Limit, exclusions were not calculated. AMOUNT UNDER APPROPRIATIONS LIMIT 25,804,665 STATE OF CALIFORNIA } COUNTY OF ORANGE } ss. CITY OF NEWPORT BEACH } I, Leilani I. Brown, City Clerk of the City of Newport Beach, California, do hereby certify that the whole number of members of the City Council is seven; the foregoing resolution, being Resolution No. 2025-28 was duly introduced before and adopted by the City Council of said City at a regular meeting of said Council held on the loth day of June, 2025; and the same was so passed and adopted by the following vote, to wit: AYES: Mayor Joe Stapleton, Mayor Pro Tern Lauren Kleiman, Councilmember Michelle Barto, Councilmember Noah Blom, Councilmember Robyn Grant, Councilmember Sara J. Weber NAYS: None ABSENT: Councilmember Eril< Weigand IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of said City this 11th day of June, 2025. dha Leilani I. Brown City Clerk Newport Beach, California H V; L/TORN;