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Appropriations Limit Calculation 2023-2024

Commerce City Council
June 27, 2023

Document
Appropriations Limit Calculation 2023-2024
Meeting
June 27, 2023
Body
Commerce City Council
Original file
108 KB
Text extracted from the city's file for reading and search. Open the original on cityofcommerce.legistar1.com. That file is the official record.

Calculation of GANN Limit: Amount %
Converted
to Ratio
2022/23 GANN Limit $             218,977,897
2023/24 Change in California Per Capita Income 4.44 1.0444 2023/24 Change in County Population ‐1.04 0.9896

1.03312048
$             226,322,030
Calculation Factor for FY 22/23
City of Commerce
Appropriations (GANN) Limit
Calculation of GANN limit 23/24

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