Title
Fiscal Year 2024/25 Independent Accountants' Report on the Appropriation Limit Calculation
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FileID
File ID: 2026-00447
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Location
Location: Citywide
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Recommendation
Recommendation: Receive and file.
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Contact
Contact: Osvaldo Lopez, Finance Manager, (916) 808-4740, olopez@cityofsacramento.org; Peter Coletto, Director, (916) 808-5416, pcoletto@cityofsacramento.org; Department of Finance
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Presenter
Presenter: None
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Attachments
Attachments:
1-Description/Analysis
2-FY2024/25 City of Sacramento GANN Limit
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Additional Description/Analysis
IssueDetail
Issue Detail: Section 1.5 of Article XIII B of the California Constitution requires that local governments engage their auditors to apply certain agreed-upon procedures to the appropriation limit data compiled by the local government. The City's appropriations limit calculation agreed-upon procedures have been conducted to confirm that the City met the requirements for the fiscal year ending June 30, 2025.
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PolicyConsiderations
Policy Considerations: This report is consistent with the City's fiscal transparency and accountability principles.
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EconomicImpacts
Economic Impacts: None.
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EnvironmentalConsiderations
Environmental Considerations:
California Environmental Quality Act (CEQA): This action is not a 'project' subject to CEQA because it involves only organizational or administrative activities that will not result in direct or indirect physical changes in the environment (14 Cal. Code Regs. ? 15378(b)(5)).
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Sustainability
Sustainability: Not applicable.
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Commission/Committee Action
Commission/Committee Action: None.
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RationaleforRecommendation
Rationale for Recommendation: Compliance with Section 1.5 of Article XIII B of the California Constitution requires that the annual calculation of the appropriations limit be reviewed as part of an annual financial audit.
The public accounting firm Macias, Gini & O'Conne...
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