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Council adopts annual appropriation limit for FY 2025–26
Summary
Council adopted an annual appropriation limit required by state law; staff reported the computed limit and said general-fund expenditures remain well below it.
The City Council adopted a resolution on June 23 establishing the city’s annual appropriation limit for fiscal year 2025–26. City staff explained the appropriation limit is a statutory calculation tied to a CPI factor and population change and is separate from the two-year budget the council previously adopted.
Staff reported the city’s calculated limit and said current general-fund expenditures are significantly below that cap. A council motion to adopt the resolution passed with unanimous ayes.
Ending: The appropriation-limit resolution is an annual housekeeping action consistent with state requirements and will be reflected in the city’s budgetary documents.
