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55A - RESO APPROPRIATION LIMITS
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06/18/2019
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55A - RESO APPROPRIATION LIMITS
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Last modified
6/13/2019 4:55:35 PM
Creation date
6/13/2019 4:54:30 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55A
Date
6/18/2019
Destruction Year
2024
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COMPUTATION OF APPROPRIATION LIMIT <br />FOR FISCAL YEAR ENDING JUNE 30, 2020 <br />Fiscal Year 2018-19 Appropriations Limit <br />California Per Capita Personal Income: <br />Converted into a Factor <br />Population Growth: <br />Converted into a Factor: <br />Calculation of factor for fiscal year 2019-20 (1.0385 x 1.0029): <br />Fiscal Year 2019-20 Appropriations Limit <br />EXHIBIT 1 <br />1,086,968,617 <br />3.850% * <br />1.0385 <br />0.29% * <br />1.0029 <br />1.0415 <br />1,132, 077,815 <br />* Source: State of California, Department of Finance, Price and Population Information - FY 2019-20 <br />55A-3 <br />
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