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CITY OF SAN LEANDRO <br />Appropriation Limitation Calculation <br />1997-98 Budget <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 1997-98 proposed budget appropriations that are subject to limitation are S41:1.` <br />million or i° -under the limitation as shown below: <br />,v <br />I. Determination of Appropriation Limit: <br />1996-97 Appropriation Subject to Limitation $ 63,549,627 <br />1997-98 Cumulative Changes Due to Growth Rate <br />Factors (6.10%) 4,125,170 <br />1997-98 Appropriation Limit <br />II. Determination of Appropriations Subject to Limitation: <br />1997-98 Revenue Sources for Appropriations <br />Deductions of Exempt Revenues and Debt Service <br />1997-98 Appropriations Subject to Limitation <br />III. Amount Under Appropriation Limit (I -II) <br />$ 67,674,797 <br />$' . 72,5,300 <br />(31,415,535) <br />