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Reso 2002-097
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Reso 2002-097
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5/18/2012 4:26:31 PM
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5/18/2012 4:26:31 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
7/1/2002
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CITY OF SAN LEANDRO <br /> Appropriation Limitation Calculation <br /> 2000 -2003 <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 2002 -03 proposed budget appropriations that are subject to limitation are 556.56 <br /> million or 41.2% under the limitation as shown below: <br /> I. Determination of Appropriation Limit: <br /> 2002 -03 Appropriation Limit 96,206,467 <br /> 11. Determination of Appropriations Subject to Limitation: <br /> 2002 -03 Revenue Sources for Appropriations $ 134,318,005 <br /> Deductions of Exempt Revenues and Debt Service (77,750,651) <br /> 2002 -03 Appropriations Subject to Limitation $ 56,567,354 <br /> Ill. Amount Under Appropriation Limit (1 -11) $ 39,639,1 13 <br /> • <br />
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