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Attachment 1 CITY OF SAN LEANDRO <br />Appropriation Limitation Calculation <br />2004-2005 <br />Executive Summary <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 in non-residential assessment valuation, whichever is greater, and the <br />population change for the City or County, whichever is greater. <br />The City's 2004-OS proposed budget appropriations that are subject to limitation are $57.52 <br />million or 50% under the limitation as shown below: <br />I. Determination of Appropriation Limit: <br />2004-OS Appropriation Limit <br />II. Determination of Appropriations Subject to Limitation: <br />2004-05 Gross Revenue <br />Less: <br />Use of Fund Balance <br />Use of Designated Reserves <br />Loan from CIP Reserve <br />2004-OS Revenue Sources for Appropriations <br />(Schedule 3 Page 2) <br />Deductions of Exempt Revenues and Debt Service <br />(Schedule 3 Page 2) <br />2004-OS Appropriations Subject to Limitation <br />114,347,904 <br />$ 134,082,087 <br />(6,898,097) <br />(3,205,300) <br />(1,177,387) <br />$ 122,801,303 <br />(65,276,983) <br />$ 57,524,320 <br />III. Amount Under Appropriation Limit (I-Il) $ 56,823,584 <br />