Newport Beach

City Council

June 11, 2024 Item #5

Agenda Item 5

5. Resolution No. 2024-36: Adoption of Fiscal Year 2024-25 Appropriations\nLimit\na) Determine this action is exempt from the California Environmental Quality Act\n(CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines\nbecause this action will not result in a physical change to the environment, directly or\nindirectly; and\nb) Adopt Resolution No. 2024-36, A Resolution of the City Council of the City of\nNewport Beach, California, Determining and Establishing the Appropriations Limit\nfor Fiscal Year 2024-25 in Accordance with Article XIIIB of the California\nConstitution and Government Code Section 7910, in the amount of $256,289,570.\nStaff Report\nAttachment A - Resolution No. 2024-36