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2000 AGN JUN 20 I14
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2000 June 20 Agenda Packet
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2000 AGN JUN 20 I14
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CITY OF COLTON <br />1999/2000 APPROPRIATIONS LIMITATION <br />As indicated by Schedules A and B, the percentage increase to Colton's Appropriation Limit is <br />1.0615%. The 2000/01 limit is $35,363,032. The amount subject to limitation in the 2000/01 <br />Adopted Budget is $8,732,427,. The City of Colton is $26,630,605 under its lawful limitation. <br />Schedule A <br />The composition consists of two (2) sections: <br />A. Last Year's 1999/00 limit <br />B. Adjustment factors: <br />a. Price factor (per capita change) 1.0491 <br />b. City Population % increase 1.0118 <br />Total Adjustment % (a ` b) 1.0615 <br />C. Annual Adjustment (A' B) <br />D. Other Adjustments <br />E. 2000/01 Appropriation Limit <br />Appropriations Subject to Limitation: <br />1999/2000 Year Limit <br />Proceeds from Taxes - Appropriations Subject to Limitation <br />Total Under the Limitation <br />33,314,855 <br />35,363,032 <br />35,363,032 <br />35,363,032 <br />(8,732,427) <br />26,630,605 <br />
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