HomeMy WebLinkAboutResolution 2025-051City of Atascadero
Resolution No. 2025-051
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RESOLUTION 2025-051
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF ATASCADERO, CALIFORNIA,
ADOPTING THE FISCAL YEAR 2025-2026
ANNUAL SPENDING LIMIT
WHEREAS, Proposition 111 revises the methodology used to calculate the Annual
Spending Limit; and
WHEREAS, the City of Atascadero must select the most appropriate criteria to be used in
calculating the annual limit.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Atascadero:
SECTION 1. That the City of Atascadero elects to use the following criteria for fiscal
year 2025-2026 in establishing its new Annual Spending Limit.
County Population Growth and
Growth in Non-Residential Assessed Valuation
SECTION 2. That the annual spending limit for 2025-2026 is calculated as follows:
Fiscal Year Percentage Change New Limit
2025-2026 21.15% $68,289,121
SECTION 3. Any judicial action or challenge must be commenced within 45 days of the
effective date of this resolution.
SECTION 4. Documentation used in determining the Annual Spending Limit is available
to the public in the Administrative Services Department, 6500 Palma Avenue, Atascadero,
California 93422.
PASSED AND ADOPTED at a regular meeting of the City Council held on the 10th day
of June, 2025.
Docusign Envelope ID: 7528FBFC-3A6A-4542-A158-CB101E732B5F
City of Atascadero
Resolution No. 2025-051
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On motion by Council Member Funk and seconded by Council Member Newsom, the
foregoing Resolution is hereby adopted in its entirety on the following roll call vote:
AYES: Council Member Funk, Newsom, Peek, Mayor Pro Tem Dariz, Mayor Bourbeau
NOES: None
ABSENT: None
ABSTAIN: None
CITY OF ATASCADERO:
________________________________
Charles Bourbeau, Mayor
ATTEST:
Lara K. Christensen, City Clerk
Docusign Envelope ID: 7528FBFC-3A6A-4542-A158-CB101E732B5F