City Council

9.\nResolution for FY 2025-26 Appropriations Limit. Every year, the City must adopt the annual\nappropriations limit for expenditures paid by tax proceeds, consistent with the requirements of\nCalifornia law. Appropriations financed by service fees, grants, and other non-tax revenues are\nexempt. The City's proposed FY 2025-26 budget reflects appropriations well under the limit set\nby law.\nRecommendation: That the City Council adopt a resolution titled, "A RESOLUTION OF THE\nCITY COUNCIL OF THE CITY OF LA VERNE, CALIFORNIA, ADOPTING AN\nAPPROPRIATIONS LIMITATION FOR THE 2025-26 FISCAL YEAR."