La Mesa

City Council

June 27, 2023 Staff Reports - City Council - Public Financing Authority - Successor #2

Agenda Item 2

10.2 CONSIDERATION OF RESOLUTION ADOPTING (1) THE APPROPRIATIONS\nLIMIT FOR FISCAL YEAR ENDING JUNE 30, 2023, AND (2) THE ANNUAL\nADJUSTMENT FACTORS USED TO CALCULATE THE APPROPRIATIONS LIMIT\nStaff Reference: Ms. Royales\nRecommended Motion:\nAdopt Resolution pursuant to Propositions 4 and 111, establishing the\nAppropriations Limit for Fiscal Year 2022-2023 and selecting the growth in the new\nnon-residential construction in the City of La Mesa, and the population growth in the\nCity of La Mesa as the annual adjustment factors used to compute the\nAppropriations Limit.