HomeMy WebLinkAbout- - Calculation of Appropriations Limit Ex.A - 6/15/2010CITY OF COSTA MESA
CALCULATION OF APPROPRIATIONS LIMIT
FOR FY 2010-2011
The City's Appropriations Limit for FY 10-11 is calculated as follows:
Step 1 Appropriations Limit for FY 09-10
Multiply the FY 09-10 Appropriations Limit by the cumulative growth
factors for changes in the California per capita personal income and the
Step 2 population change for the City of Costa Mesa.
Appropriations Limit for FY 10-11
*CALCULATION OF CUMULATIVE GROWTH FACTORS:
Personal Income Factor
Orange County Population Change
Costa Mesa Population Change
(0.9746 x 1.0101) _ *
Per capita converted to ratio (-2.54+100/100)
Orange County Population converted to ratio (1.01+100/100)
Costa Mesa Population converted to ratio (0.76+100/100)
EXHIBIT A
168,979,431
0.9844 *
$ 166,350,696
0.9746
1.0101
1.0076
0.9844
0.9746
1.0101
1.0076