Exhibit 1
419,752,293$
* Alternative 1 - City Election
Calculation of Increase Factor for FY 2026-27:
County Population Growth : -0.64%
City Local Assessment Growth (non-residential) : 3.08%
Increase Factor for FY 2026-27 [(-0.64 + 100)/100] * [(3.08+100)/100] : 1.0242 429,910,298$
279,038,594$
(proceeds of taxes less state mandated exclusions)
Total Under/(Over): 150,871,704$
Alternative 2
Calculation of Increase Factor for FY 2026-27:
City Population Growth : -0.27%
City Local Assessment Growth (non-residential) : 3.08%
Increase Factor for FY 2026-27 [(-0.27 + 100)/100] * [(3.08+100)/100] : 1.0280 431,505,357$
279,038,594$
(proceeds of taxes less state mandated exclusions)
Total Under/(Over): 152,466,763$
Alternative 3
Calculation of Increase Factor for FY 2026-27:
County Population Growth : -0.64%
Per Capita Income Growth : 4.95%
Increase Factor for FY 2026-27 [(-0.64 + 100)/100] * [(4.95+100)/100] : 1.0428 437,717,691$
279,038,594$
(proceeds of taxes less state mandated exclusions)
Total Under/(Over): 158,679,097$
Alternative 4
Calculation of Increase Factor for FY 2026-27:
City Population Growth : -0.27%
Per Capita Income Growth : 4.95%
Increase Factor for FY 2026-27 [(-0.27 + 100)/100] * [(4.95+100)/100] : 1.0467 439,354,725$
279,038,594$
(proceeds of taxes less state mandated exclusions)
Total Under/(Over): 160,316,131$
Fiscal Year 2026-27 Appropriations Subject to Limitation:
CITY OF GLENDALE
GANN APPROPRIATIONS LIMIT
FY 2026-27 PROPOSED BUDGET
Fiscal Year 2025-26 Appropriations Limit:
Fiscal Year 2026-27 Appropriations Limit:
Fiscal Year 2026-27 Appropriations Limit:
Fiscal Year 2026-27 Appropriations Subject to Limitation:
Fiscal Year 2026-27 Appropriations Limit:
Fiscal Year 2026-27 Appropriations Subject to Limitation:
Fiscal Year 2026-27 Appropriations Limit:
Fiscal Year 2026-27 Appropriations Subject to Limitation: