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Town Council Resolution No. 17-2025 June 18, 2025
RESOLUTION NO. 17-2025
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL YEAR 2025-26 PURSUANT TO ARTICLE XIII B. OF THE CONSTITUTION OF THE STATE OF CALIFORNIA
WHEREAS, Article XIII B. of the Constitution of the State of California requires
governmental jurisdictions to establish appropriation limits each year, and
WHEREAS, the previously established limit for Fiscal Year 2024-25 was $12,832,339 and the State Department of Finance has determined that the 2024-25 Per Capita Personal Income Factor is 3.6%, and the Population Change Factor is .28% for the
Town of Tiburon; Staff estimates that legislated pass-through fees of the County will be
$68,250; Staff has determined that the appropriations limit in the amount of $13,263,277 shall be established for Fiscal Year 2025-26. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of
Tiburon that an appropriations limit in the amount of $13,263,277 is established for
Fiscal Year 2025-26 pursuant to Article XIII B of the Constitution of the State of California. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town
of Tiburon on June 18, 2025 by the following vote:
AYES: COUNCILMEMBERS: Fredericks, Nikfar, Ryan, Thier, Welner NOES: COUNCILMEMBERS: None
______________________________ HOLLI P. THEIR, MAYOR TOWN OF TIBURON
ATTEST:
___________________________________ LEA DILENA, TOWN CLERK
Docusign Envelope ID: 686EABC9-43AF-4AF9-B20A-CD240717E4CC