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2002 AGN AUG 06 I25
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2002 August 06 Agenda Packet
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2002 AGN AUG 06 I25
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2/24/2014 5:03:40 PM
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2/20/2014 1:15:10 PM
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avillalba
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Schedule A <br />CITY OF COLTON <br />2002-03 APPROPRIATIONS LIMITATION <br />As indicated by Schedules A and B, the percentage increase to Colton's Appropriation Limit is <br />1.0142%. The 2002/03 limit is $39,422,140. The amount subject to limitation in the 2002/03 <br />Adopted Budget is $11,544,744. The City of Colton is $27,877,396 under its lawful limitation. <br />The calculation consists of two (2) factors <br />A. Last Year's 2001/02 limit 38,871,925 <br />B. Adjustment factors: <br />a. Price factor (per capita change) 0.9873 <br />b. County Population % increase 1.0272 <br />Total Adjustment % (a' b) 1.0142 <br />C. Annual Adjustment (A' B) 39,422,140 <br />D. Other Adjustments <br />E. 2001/02 Appropriation Limit 39,422,140 <br />Appropriations Subject to Limitation: <br />2002/03 Year Limit 39,422,140 <br />Proceeds from Taxes - Appropriations Subject to Limitation (11,544,744) <br />Total Under the Limitation 27,877,396 <br />
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