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Attachment 1 <br />Executive Summary <br />CITY OF SAN LEANDRO <br />Appropriation Limitation Calculation <br />2005-2006 <br />An annual calculation of the City's appropriation limitation is required by Article XIIIB of the <br />California Constitution. City expenditures may increase only in relation to changes in per <br />capita income or growth innon-residential assessment valuation, whichever is greater, and the <br />population change for the City or County, whichever is greater. <br />The City's 2005-06 proposed budget appropriations that are subject to limitation is <br />approximately $63.5 million or 51 % under the limitation as shown below: <br />L Determination of Appropriation Limit: <br />2005-06 Appropriation Limit <br />II. Determination of Appropriations Subject to Limitation: <br />2005-06 Gross Revenue <br />Less: <br />Use of Fund Balance <br />Use of Designated Reserves <br />Loan from CIP Reserve <br />2005-06 Revenue Sources for Appropriations <br />(Schedule 3 Page 2) <br />Deductions of Exempt Revenues and Debt Service <br />(Schedule 3 Page 2) <br />2005-06 Appropriations Subject to Limitation <br />III. Amount Under Appropriation Limit (I-II) <br />125,028,067 <br />$ 124,286,800 <br />(4,443,905) <br />(3,442,167) <br />(534,861) <br />$ 115,865,867 <br />(52,370,025) <br />$ 63,495,842 <br />$ 61,532,225 <br />