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4 - FY 2010/11 Gann Appropriations Limit
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4 - FY 2010/11 Gann Appropriations Limit
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Last modified
7/23/2010 9:27:57 AM
Creation date
6/3/2010 3:01:00 PM
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Clerks
Docs Ref Code
REPORTS
Item Ref
4
Doc Date
6/7/2010
Expiration Date
7/7/2010
Department
CLK
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com
Notes - Clerk
Adopt resolution establishing the FY 2010/11 Gann appropriations limit for the town of Los Gatos
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APPROPRIATION LID4IT FACTORS <br />For Beginning CounTy <br />YE Appropriation Population <br />June 30 Limit Factor <br />2002 18,973,081 1.0147 <br />2003 20,757,490 1.0125 <br />2004 20,750,044 1.0079 <br />2005 21,397,082 1.0072 <br />2006 22,258,018 1.0112 <br />2007 23,691,192 1.0118 <br />2008 24,919,990 1.0152 <br />2009 26,416,980 1.0172 <br />2010 28,426,367 1.0156 <br />2011 # ':°:29 048 811 ~,> ~ ~ O12b <br />Town Per Ending <br />Population Capita Appropriation Limit <br />Factor Income Limit Increase <br />1.0107 1.0782 yr" 207F490 ~ <br />~4 <br />~~ <br />` 9.40% <br />L0051 <br /> <br />L0010 0.9873 <br /> <br />1 <br />0231 2 ~5 <br />[ <br />- ~ <br />£ Y',a~~iF ty~ '~ <br />~~ <br />'2J -0.04% <br /> <br />3 <br />12% <br /> . ~ <br />~,~`",~-~ <br />' . <br />1.0004 1.0328 ;2r~$^ <br />07$ 4.02% <br />1.0026 1.0526 9 ~.°~~.~~` 6.44% <br />1.0044 1.0396 "~-9~a~` 5.19% <br />1.0100 1.0442 ~ 4' D 6.01% <br />1.0318 ~ 1.0429 ~ ~8~4'-`2 ~~~ 7.61% <br />1.0108 1.0062 ~ :0 $~$1 2.19% <br />FY 2010/11 Calculation <br />Increase in Change in 2009/10 2010/11 <br />County Per Capita Appropriatiou Appropriation Appropriation <br />Population Income ~ Factor Limit Limit <br />1.0126 X 0.9746 = 0.98687996 X $ 29,048,811 = $ 28,667,689 <br />Percentage of Appropriation <br />2010/11 2010/11 Percentage <br />Tax Appropriation of <br />Revenues Limit Limit <br />21,155,598 / $ 28,667,689 = 74% <br />EXHIBIT A <br />
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