2010-062-Establishing FY 10/11 GANN AppropriationsRESOLUTION 2010-062
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
ESTABLISHING THE FY 2010/11 APPROPRIATIONS LIMIT
FOR THE TOWN OF LOS GATOS
WHEREAS, Article XIIIB of the California Constitution (Limitation of Government Appropriations) was
passed by the California electorate on November 6, 1979, and became effective on July 1, 1980; and
WHEREAS, Chapter 1205, Statute of 1980, Section 7900 of the California Government Code formally
implements methods for governmental entities to establish and define annual appropriations limits; and
WHEREAS, the growth factors used to calculate the Annual Appropriations Limit are County or Town
population change and the increase in the California per capita income.
THEREFORE, BE IT RESOLVED, that the Annual Appropriations Limit for the Town of Los Gatos for
FY 2010/11 is $28,667,689 as reflected in Exhibit A.
PASSED AND .ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos,
California, held on the7th day of June 2010 by the following vote:
COUNCIL MEMBERS:
AYES: Joe Pirzynski, Steve Rice, Barbara Spector, Mike Wasserman, Mayor Diane McNutt'
NAYS:
ABSENT:
ABSTAIN:
SIGNED:
1~w12 lU~IU~'
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
ATTEST:
C DMINISTRATOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
APPROPRIATION LIMIT FACTORS
For Beginning County Town Per Ending
YE Appropriation Population Population Capita Appropriation Limit
June 30 Limit Factor Factor Income Limit Increase
2002 18,973,081 1,0147 1.0107 1..0782 ~20,7~7.~}~~U'', 9.40%
2003 20,757,490 1.0125 1.0051 0.9873 20,750,044 -0.04%
2004 20,750,044 1.0079 1.0010 1..0231 21.39?,('iR2 ' 3.12%
2005 21,97,082 1.0072 1.0004 1.0328 ~?? 2~h,fll8" 4.02%
2006 22,258,018 1.0112 1.0026 1.0526 ~ '3601.1~)~ ~ 6.44%
2007 23,691,192 1..0118 1.0044 1..0396 ~ ^-1,919_~~~)~1 ~ 5.19%
2008 24,919,990 1.0152 1.0100 1.0442 2t~.-11(i.`)8(I' 6.01%
2009 26,416,980 1,0172 1.0318 1.0429 ~-'~'8.~32(~,30~~~ 7.61%
2010 28,426.,367 1.0156 1.0108 1.0062 ~9,~~-~~,81.1 2.19%
2011 29,~~~5.811 ~ 1,p126 , _
,, 1.0101 Il.>7-tt~
` ~ , -.28,66,7,689- -1.31"~;
FY 2010/11 Calculation
Increase in Change in 2009/10 2010/11
County Per Capita Appropriation Appropriation Appropriation
Population Income Factor Limit Limit
1.0126 X 0.9746 = 0.98687996 X $ 29,048,811 = $ 28,667,689
Percentage-of Annroariation
2010/11 2010/11 Percentage
Tax Appropriation of
Revenues Limit Limit
21,155,598 / $ 28,667,689 = 74%
EXHIBIT A