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55B - APPROPRIATION LIMIT FY 06/07
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55B - APPROPRIATION LIMIT FY 06/07
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Last modified
1/3/2012 4:46:15 PM
Creation date
5/30/2006 4:46:16 PM
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City Clerk
Doc Type
Agenda Packet
Item #
55B
Date
6/5/2006
Destruction Year
2011
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<br />EXHIBIT B <br />CALCULATION OF PERMITTED GROWTH RATE IN <br />APPROPRIATIONS FOR FISCAL YEAR ENDING JUNE 30, 2007 <br /> <br />Factor 2005-06: <br /> <br />California CPI: <br /> <br />Converted into a Factor <br /> <br />Population Growth: <br /> <br />Converted into a Factor: <br /> <br />Rates of Change: 1.0396 x 1.0083 <br />Multiplied by 2005-06 Combined Index <br /> <br />Combined Index 1979-80 through 2006-07 <br /> <br />558-3 <br /> <br />3.96% <br /> <br />1.0396 <br /> <br />0.83% <br /> <br />1 .0083 <br /> <br />1.0482 <br />19.7899 <br /> <br />20.7438 <br />
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