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EXHIBIT 1 <br /> EXHIBIT 1 <br /> COMPUTATION OF APPROPRIATION LIMIT <br /> FOR FISCAL YEAR ENDING JUNE 30, 2027 <br /> Fiscal Year 2025-26 Appropriations Limit $ 1,522,518,198 <br /> California Per Capita Personal Income: 4.950% * <br /> Converted into a Factor 1.0495 <br /> Population Growth: -0.37% * <br /> Converted into a Factor: 0.9963 <br /> Calculation of factor for fiscal year 2025-26: 1.0456 <br /> Fiscal Year 2026-27 Appropriations Limit $ 1,591,945,027 <br /> * Source: State of California, Department of Finance, Price and Population Information- FY 2026-27 <br />