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55A - RESOLUTION NO. 2004-047
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55A - RESOLUTION NO. 2004-047
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Last modified
1/3/2012 5:02:01 PM
Creation date
7/2/2004 5:22:05 PM
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City Clerk
Doc Type
Agenda Packet
Item #
55A
Date
7/6/2004
Destruction Year
2009
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<br />8 <br /> <br />EXHIBIT B <br />CALCULATION OF PERMITTED GROWTH RATE IN <br />APPROPRIATIONS FOR FISCAL YEAR ENDING JUNE 30, 2005 <br /> <br />Factor 2004-05: <br /> <br /> California CPI: 3.28% <br /> Converted into a Factor 1.0328 <br /> Population Growth: 1.42% <br /> Converted into a Factor: 1.0142 <br /> Rates of Change: 1.0328 x 1.0142 1.0474 <br /> Multiplied by 2003-04 Combined Index 17.7495 <br />8 Combined Index 1979-80 through 2004-05 18.5908 <br /> <br />8 <br /> <br />55A-3 <br />
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