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
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
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