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EXHIBIT B <br />CALCULATION OF PERMITTED GROWTH RATE IN <br />APPROPRIATIONS FOR FISCAL YEAR ENDING JUNE 30. 2015 <br />Factor 2014 -15: <br />California Per Capita Personal Income: - 0.230% <br />Converted into a Factor 0.9977 <br />Population Growth: 0.93% <br />Converted into a Factor: 1.0093 <br />Rates of Change: 0.9977 x 1.0093 1.0070 <br />Multiplied by 2013 -14 Combined Index 26.3634 <br />Combined Index 1979 -80 through 2014 -2015 26.5479 <br />55A -4 <br />