2021-025 - Establishing the FY 2021/22 Appropriations Limit for the TownRESOLUTION 2021-025
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
ESTABLISHING THE FY 2021/22 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;
WHEREAS, in addition to the annual inflation and population adjustments, state law
requires the Appropriations Limit to be adjusted in the event that the financial responsibility for
providing services is transferred in whole or in part from one entity of government to another;
and
THEREFORE, BE IT RESOLVED: that the Annual Appropriations Limit for the Town of Los
Gatos for FY 2021/22 is $48,186,101 as reflected in Exhibit A.
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Resolution 2021-025 June 15, 2021
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los
Gatos, California, held on the 15th day of June 2021 by the following vote:
COUNCIL MEMBERS:
AYES: Mary Badame, Matthew Nudes, Rob Rennie, Mayor Marico Sayoc
NAYS: None
ABSENT: Maria Ristow
ABSTAIN: None
SIGNED:
C ii E 3 f7C--
MAYOR OF THE TO
LOS GATOS, CALIFORNIA
DATE:
ATTEST:
1 .tto.
TOWN CLERK tF THE TOWN OF LOS GATOS
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LOS GATOS, CALIFORNIA
DATE: jp/r7/(90k1
F LOS GATOS
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Resolution 2021-025 June 15, 2021
APPROPRIATION LIMIT FACTORS
For Beginning County Town Per Capita Ending %
YE Appropriation Population Population Income Appropriation Limit
June 30 Limit Factor Factor Factor Limit Increase
2010 28,426, 367 1.0156 1.0108 1.0062 29, 048, 811 2.19%
2011 29,048,811 1.0126 1.0101 0.9746 28,667,689 -1.31%
2012 28, 667, 689 1.0089 1.0096 1.0251 29, 669, 366 3.49%
2013 29, 669, 366 1.0124 1.0081 1.0377 31,169, 671 5.06%
2014 31,169,671 1.0157 1.0147 1.0512 33,279,977 6.77%
2015 33, 279, 977 1.0150 1.0102 0.9977 33, 701, 485 1.27%
2016 33,701,485 1.0113 1.0020 1.0382 35,384,256 4.99%
2017 35,384,256 1.0126 1.0070 1.0537 37,754,174 6.70%
2018 37,754,174 1.0081 1.0040 1.0369 39,464,396 4.53%
2019 39,464,396 1.0099 1.0050 1.0367 41,317,775 4.70%
2020 41, 317, 775 1.0033 0.9998 1.0385 43, 050,108 4.19%
2021 43, 050,108 1.0037 1.0234 1.0373 45, 831, 327 * 6.46%
2022 45, 831, 327 0.9944 0.9919 1.0573 48,186,101 5.14%
FY 2020/21 Calculation
County Per Capita 2020/21 2021/22
Population Income Appropriation Appropriation Appropriation
Factor Factor Factor Limit Limit
0.9944 X 1.0573 = 1.051379 X $ 45, 831, 327 = $ 48,186,101
Percentage of Appropriation
2021/22 2021/22 Percentage
Tax Appropriation of
Revenues Limit Limit
30, 797, 977 / $ 48,186,101 = 64%
*FY 2020/21 ending and FY 2021/22 beginning Approtiation Limit includes an adjustment of $130,503 to adress the
recently annexed parcels from Santa Clara County. The Town of Los Gatos increasing its base by $130,503 while the
County of Santa Clara decreasing its base with the same amount.
EXHIBIT A
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Resolution 2021-025 June 15, 2021