Public Hearing to Establish the Proposition 4 (Appropriations) Limit for Fiscal Year 2019-20 and to Consider Adoption of Resolution Establishing the Appropriations Limit for Fiscal Year 2019-20.  (Finance 2410)
See this public hearing to establish the proposition for appropriations limit for fiscal year 20 1920 and to consider adoption of resolution establishing the appropriations limit for fiscal year 1920. Good evening, Madam Mayor. Members of Council. Eleanor, dear finance director. I've mentioned earlier you get to see me quite a lot today. So we just adopted a previous item. We've adopted the budget for the next fiscal year. I do not have a presentation for this particular item. I'll just talk about that real quick. There's a California law that requires there's a constitution to adopt an appropriation limit. And what that really means is that we do not levy taxes within the city above what our allowable amount is. And at this point, we've provided a calculation as an attachment to our staff report. We are at 68% of what we are allowed to levy in terms of taxes. We're not close to it yet, which is good. However, one of the things that we do for potential future growth and things like that, we use the most advantageous factors that the city can use in order to calculate the growth. In order to calculate the appropriations limit. With that, I am open to any questions you may have, and we can talk specific numbers if you want to know more about it. But other than that, that concludes my presentation. Does anyone have any clarifying questions? Comments? Do you have any public comments. Of speakers on this topic? No speakers on this item. Great staff report. I'll move approval. We have a motion from the vice mayor. Do I have a second. Second? Second by Councilmember Odie. May we have a voice vote, please? Councilmember Daza? Yes. Naxalites Yes. Yes. Vela Yes. Mayor is the Ashcraft? Yes. That carries unanimously backed by Vice. All right, perfect. Thank you. Then we move on to item six D Public Hearing. Consider adoption of resolution amending master fee resolution number 121912 add and revise fees. And we do have a speaker on this item. Okay.