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FULL AGENDA PACKET 2021-06-15
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FULL AGENDA PACKET 2021-06-15
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7/19/2021 10:12:11 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Date
6/15/2021
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EXHIBIT 1 <br />COMPUTATION OF APPROPRIATION LIMIT <br />FOR FISCAI YFAR FNDING JUNF 30, 2022 <br />Fiscal Year 2020-21 Appropriations Limit <br />California Per Capita Personal Income: <br />Converted into a Factor <br />Population Growth: <br />Converted into a Factor: <br />Calculation of factor for fiscal year 2021-22 (1.0573 x 0.9916): <br />$ 1,174,757,149 <br />5.730% " <br />1.0573 <br />-0.84°/ ` <br />0.9916 <br />1.0484 <br />Fiscal Year 2021-22 Appropriations Limit $ 1,231,615,395 <br />* Source: State of California, Department of Finance, Price and Population Information - FY 2021-22 <br />City Council 34 — 3 6/15/2021 <br />
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