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HomeMy WebLinkAboutReso. 2025-045 - Establishing Appropriation Limit for FY 2025-26 �4�LUTIOTY NO.2025-045 A ��I�ITTIt�I� �DF 'I'IEIE �ITY �CliJ�CIL 4F T�IE �I'TY O�" DD►IN�G EST�iBLISI��NG THE APPI�'dJ►P ATIt?1�1 I�I 'g`FORF���AL YEAR�025- 26 FC3 'TJEIE �I'TI' �[}F ll�7tIN+G t76'I�CE AS, State c�f�alifornia Governrnent Cade Sectian 7�14 requires that each fiscal year the governing body af a local jurisdictian shall by resolution establish an appropriatic�n limit; and t��IE A�,the I�irector of Finance for the City of R:edding has calcu�ated the appropriation limit; Nc0'�V,THE �"(� ,be it resalved that the appropriation limit f�r the City of Redding for fzscal year 2025-26 shall be $317,710,148. I]FIEREBY�E�TIFY that the foregoing resolution was introduced ai a regular meeting of the City Gouncil ofthe Gity af Redding on the 17th day of June,2025,and was dul�adopted at said meeting by the follc�wing vote: AYE; CCIUNCIL MEMBERS: - Aud�tte,Dhanuka, Littau,Resner, Niunns NOES; Ct�►U�TCIL MEMBERS: -l�Tone AB�EI�ITs �4J►JLTIETCIL MEM�3�RS, -��►ne ABSTAIN: �C�YJI�1��I�MEMBER�: -None '� .TAC � ',U 1'�°�, ar ��..N ATTES'I': �'O A PR.O�AL: s� `'�� � � � � � �. �� ar.'�� ` �'' �% �7�� � � �.� ,�S�I� El'�E TIFTiJN, ...ity �i�rk �H �TIr�.N 1VI. �Ul�TIS, City A�torney