MEETING DATE: 6/25/2019
DEPARTMENT: COUNTY ADMINISTRATION OFFICE
DEPT HEAD/DIRECTOR: Ray Espinosa
AGENDA ITEM PREPARER: Dulce Alonso
SBC DEPT FILE NUMBER: 156
SUBJECT:
COUNTY ADMINISTRATION OFFICE - R. ESPINOSA
Adopt a resolution amending the Gann Limit for Fiscal Year 2018-2019.
SBC FILE NUMBER: 156
RESOLUTION NO: 2019-59
AGENDA SECTION:
CONSENT AGENDA
BACKGROUND/SUMMARY:
Appropriations Limit
California Revenue and Taxation Code section 2227 requires the Department of Finance to transmit an estimate of the percentage change in population to local governments. Each local jurisdiction must use their percentage change in population factor for January 1, 2018, in conjunction with a change in the cost of living, or price factor, to calculate their appropriations limit for fiscal year 2018-19. The population percentage change data excludes federal and state institutionalized populations and military populations.
The Board previously adopted the County's GANN limit for fiscal year 2018-2019 during last year's budget hearings. Based on information in the CAFR, County staff is revising the fiscal year end June 30, 2018 to $34,625,401 which changes the GANN Limit for fiscal year end June 30, 2019 to $36,028,969.
BUDGETED: