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San Jose Civic Gallery City Hall agenda intelligence

Matter 26-718

Adoption of the Annual Appropriation Ordinance and Annual Funding Sources Resolution for the Fiscal Year 2026-2027 Budget, and Resolution Establishing the Fiscal Year 2026-2027 Appropriation Limit. - TO BE HEARD BEFORE CONSENT

Budget & Finance City Council Agenda Ready Introduced 02 Jun 2026
1 Document on file 110 KB · 1 extracted · 1 AI summary
File
26-718
Type
Strategic Support
Status
Agenda Ready
Requester
Unknown
Introduced
02 Jun 2026
Last synced
05 Jun 2026 · 16:12

The papers

1 document · 110 KB
01 110 KB

Resolution

110 KB Extracted AI Summary
file 95f0a1c9-8c4a-48a6-a68e-4b01c5df1a7c.pdf sha 43dae71acffb source unavailable

Official source link unavailable. The file was imported, but the current source metadata does not include a public document URL.

Generated summary AI-assisted

The source text indicates this attachment appears to be a draft document.

This document is a draft resolution from the City Council of San Jose regarding the election of population and inflation adjustment factors and the establishment of the appropriations limit for the 2026-2027 fiscal year. It outlines the responsibilities of the City Council under California law, the adjustment factors chosen, and the appropriations limit amount. The resolution also reserves the right for the City Council to reelect the adjustment factors based on future data from the County Assessor's Office.

Key points
  • The resolution is related to the appropriations limit for the 2026-2027 fiscal year.
  • The City Council must elect population and inflation adjustment factors as per California law.
  • The chosen adjustment factors are the California Per Capita Income for inflation and the County of Santa Clara population growth for population adjustment.
  • The appropriations limit is set at $1,697,953,660.
  • The City Council reserves the right to reelect adjustment factors based on future data.
Limitations
  • The document is marked as a draft.
  • The specific date of adoption and voting results are not filled in.

Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.

Extracted text preview · 3,103 chars
SAW:KMM:CLS 5/29/2026 RESOLUTION NO. ______________ A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE ELECTING THE POPULATION AND INFLATION ADJUSTMENT FACTORS AND ESTABLISHING THE 2026-2027 APPROPRIATIONS LIMIT OF THE CITY OF SAN JOSE PURSUANT TO CALIFORNIA CONSTITUTION ARTICLE XIIIB, AND SECTION 7900 ET SEQ. OF THE CALIFORNIA GOVERNMENT CODE WHEREAS, pursuant to Article XIIIB of the California Constitution, and Section 7900 et seq. of the California Government Code, the City of San José is responsible for determination of the appropriation limit for the 2026-2027 fiscal year; and WHEREAS, pursuant to amendments to Article XIIIB enacted in 1990, the City Council is required to elect the population and inflation adjustment factors used to calculate the appropriations limit; and WHEREAS, the percentage change in the local assessment roll due to the addition of local nonresidential construction will not be available from the County Assessor's Office until after July 1, 2026; and WHEREAS, the City Council has considered the matter at a regularly scheduled Council meeting; and WHEREAS, for fifteen (15) days prior to said regular meeting, documentation used in the determination of...