City Council

12. APPROPRIATION LIMIT FOR THE FISCAL YEAR 2023/24 Article XIII B\nof the State Constitution requires each City to annually adopt a limit on\nappropriations for all governmental funds. The following recommendation\nand attached worksheets are based on the Fiscal Year 2023/24 Proposed\nBudget as presented to the City Council on June 20, 2023.\nRecommendation: 1. Select the change in the assessment roll of the\npreceding year as the price factor for adjusting the Fiscal Year 2023/24\nAppropriation Limit. 2. Adopt Resolution No. 23-36 setting the\nappropriation limit for the Fiscal Year 2023/24 at $118,286,797.\nRESOLUTION NO. 23-36 A RESOLUTION OF THE CITY COUNCIL OF\nTHE CITY OF TUSTIN, CALIFORNIA, DETERMINING AND ADOPTING\nAN APPROPRIATION LIMIT FOR THE FISCAL YEAR 2023/24 IN\nACCORDANCE WITH ARTICLE XIII B OF THE CONSTITUTION OF THE\nSTATE OF CALIFORNIA, AND SECTION 7910 OF THE GOVERNMENT\nCODE\n6/16/23, 12:24 PM Regular Meeting of the City Council/Closed Session-4:30 pm/Regular Meeting-7:00 pm\nAGENDA REPORT\nOTHER BUSINESS/CITY MANAGER AND CITY ATTORNEY\nCOUNCIL MEMBER COMMENTS AND REPORTS