Attachment 3.A
City of Hercules
Appropriations Limit Calculation
I. Calculation of Appropriations Limit:
Fiscal Year 2021-22 Appropriations Limit $475,601,665
Adjustment Factors
a. Per Capita Cost of Living Change 1.0755
b. Population Change (Change in City population) 0.9899 Change Factor (a. x b.) 1.0646375
Fiscal Year 2022-23 Appropriations Limi
t $506,343,344
II. Calculation of appropriations subject to the Appropriations Limit:
Fiscal Year 2022-23 Budgeted General Fund Revenue $16,916,000 Less: Non-proceeds of taxes (3,633,696)
Total FY 2022-23 appropriations subject to the Appropriations Limit: $13,282,304 Percent (%) of Appropriations Limit 3%
Source: State Department of Finance
Fiscal Year 2022-23