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RESOLUTION NO. 2026-051 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON ADOPTING <br /> THE FISCAL YEAR 2026/27 APPROPRIATIONS LIMIT <br /> WHEREAS, Article XIIIB of the State of California Constitution (Proposition 4 on the <br /> November 6, 1979 ballot) requires that each year the governing body of each local agency <br /> establish its appropriations limit for the following year; and <br /> WHEREAS, Proposition 111, passed by the voters in June 1990, expands the choices for <br /> making annual adjustments to the appropriations limit based on various growth factors; and <br /> WHEREAS, the City Council has determined that the growth factors of(1) the percentage <br /> change in the county's population, and (2) the percentage change in Pleasanton's local <br /> assessment roll due to non-residential construction provided by the Alameda County Assessor's <br /> Office will be used to establish the FY 2026/27 appropriation limit; and <br /> WHEREAS, selecting these growth factors will result in a new limit for FY 2026/27 of <br /> $946,881,705. <br /> NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES <br /> RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: <br /> SECTION 1: The Proposition 111 growth factors selected for fiscal year 2026/27 for <br /> determining the City's Proposition 4 appropriations limit are (1) the percentage change in the <br /> county's population and (2) the percentage change in Pleasanton's local assessment roll due to <br /> non-residential construction provided by the Alameda County Assessor's Office. <br /> SECTION 2: The appropriation limit for fiscal year 2026/27 is $946,881,705. <br /> SECTION 3: This resolution shall become effective immediately upon its passage and <br /> adoption. <br /> SECTION 4: The City Clerk shall certify to the passage of this resolution and enter it into <br /> the book of original resolutions. <br /> {Vote and signatures to follow on next page} <br />