Cities Index.
Attachment 2 - Revised Gann Limit Calculations

Manteca City Council
June 20, 2023

Document
Attachment 2 - Revised Gann Limit Calculations
Meeting
June 20, 2023
Body
Manteca City Council
Original file
613 KB
Text extracted from the city's file for reading and search. Open the original on manteca-ca.legistar1.com. That file is the official record.

City of Manteca
Revised Gann Appropriations Limit for Fiscal Years 2019-20 through 2022-23 Original Amended Original Amended Original Amended Original Amended A. Prior Year's Limit 70,811,100 70,811,100 76,405,177 76,044,950 81,134,657 80,206,635 87,224,839 87,278,707 B. B1. Per Capita Personal Income Change 1.0434 1.0385 1.0434 1.0373 1.0573 1.0573 1.0755 1.0755 B2. Population Change (Worksheet #4) 1.0341 1.0341 1.0177 1.0168 1.0168 1.0292 1.0219 1.0219 Total Adjustment % (B1*B2) 1.0790 1.0739 1.0619 1.0547 1.0751 1.0882 1.0991 1.0991 C. Annual Adjustment $ {(B-1)*A} 5,594,077 5,233,850 4,729,480 4,161,685 6,090,182 7,072,072 8,639,921 8,645,257 D. Other Adjustments: - - - - - -
E. Total Adjustments (C+D) 5,594,077 5,233,850 4,729,480 4,161,685 6,090,182 7,072,072 8,639,921 8,645,257 F. This Year's Limit (A+E) (To Worksheet #3) 76,405,177 76,044,950 81,134,657 80,206,635 87,224,839 87,278,707 95,864,760 95,923,964 Net change to annual adjustment (360,227) (567,795) 981,890 5,336 Cumulated change to calculated limit (360,227) (928,022) 53,868 59,204 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23
ATTACHMENT 2

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