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Attachment 1 CITY OF SAN LEANDRO <br />Appropriation Limitation Calculation <br />2003-2004 <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 2003-04 proposed budget appropriations that are subject to limitation are $56.28 <br />million or 47% under the limitation as shown below: <br />I. Determination of Appropriation Limit: <br />2003-04 Appropriation Limit <br />IL Determination of Appropriations Subject to Limitation: <br />2003-04 Gross Revenue <br />Less: <br />Use of Fund Balance <br />Use of Designated Reserves <br />Loan from CIP Reserve <br />2003-04 Revenue Sources for Appropriations <br />(Schedule 3 Page 2) <br />Deductions of Exempt Revenues and Debt Service <br />(Schedule 3 Page 2) <br />2003-04 Appropriations Subject to Limitation <br />III. Amount Under Appropriation Limit (I-II) <br />106,180,820 <br />$ 134,727,486 <br />(8,666,088) <br />(4,671,766) <br />(1,444,915) <br />$ 119,944,717 <br />(63,677,227) <br />$ 56,267,490 <br />$ 49,913,330 <br />