Title
Fiscal Year (FY) 2024/25 Independent Accountants’ Report on the Appropriation Limit Calculation
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FileID
File ID: 2026-00451
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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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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’Connell, LLP, has performed the agreed-upon procedures in accordance with attestation standards established by the American Institute of Certified Public Accountants.
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FinancialConsiderations
Financial Considerations: The total appropriations shall not exceed the appropriations limit of the City for the prior year adjusted for the change in the cost of living and the change in population. The review conducted by Macias, Gini & O’Connell, LLP has confirmed that the City has not exceeded this limit.
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LocalBusinessEnterprise
Local Business Enterprise (LBE): Not applicable.
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