Exhibit 1
393,321,114$
* Alternative 1 - City Election
Calculation of Increase Factor for FY 2025-26:
City Population Growth : 0.26%
Per Capita Income Growth : 6.44%
Increase Factor for FY 2025-26 [(0.26 + 100)/100] * [(6.44+100)/100] : 1.0672 419,752,293$
271,980,365$
(proceeds of taxes less state mandated exclusions)
Total Under/(Over): 147,771,928$
Alternative 2
Calculation of Increase Factor for FY 2025-26:
County Population Growth : 0.30%
Per Capita Income Growth : 6.44%
Increase Factor for FY 2025-26 [(0.30 + 100)/100] * [(6.44 + 100)/100] : 1.0676 419,909,621$
271,980,365$
(proceeds of taxes less state mandated exclusions)
Total Under/(Over): 147,929,256$
Alternative 3
Calculation of Increase Factor for FY 2025-26:
City Population Growth : 0.26%
City Local Assessment Growth (non-residential) : 8.37%
Increase Factor for FY 2025-26 [(0.26 + 100)/100] * [(8.37 + 100)/100] : 1.0865 427,343,390$
271,980,365$
(proceeds of taxes less state mandated exclusions)
Total Under/(Over): 155,363,025$
Alternative 4
Calculation of Increase Factor for FY 2025-26:
County Population Growth : 0.30%
City Local Assessment Growth (non-residential) : 8.37%
Increase Factor for FY 2025-26 [(0.30 + 100)/100] * [(8.37 + 100)/100] : 1.0870 427,540,051$
271,980,365$
(proceeds of taxes less state mandated exclusions)
Total Under/(Over): 155,559,686$
Fiscal Year 2025-26 Appropriations Subject to Limitation:
Fiscal Year 2025-26 Appropriations Subject to Limitation:
Fiscal Year 2025-26 Appropriations Limit:
Fiscal Year 2025-26 Appropriations Subject to Limitation:
Fiscal Year 2025-26 Appropriations Limit:
Fiscal Year 2025-26 Appropriations Subject to Limitation:
Fiscal Year 2025-26 Appropriations Limit:
CITY OF GLENDALE
GANN APPROPRIATIONS LIMIT
FY 2025-26 PROPOSED BUDGET
Fiscal Year 2024-25 Appropriations Limit:
Fiscal Year 2025-26 Appropriations Limit: