I. Calculation of Appropriations Limit:
Fiscal Year 2026 Appropriations Limit as Amended $ 118,178,031 a. CPI Factor (change in California per capita income) 1.0495 b. Population Factor (Change in City population) * 1.0250 Change Factor (a. x b.) 1.0757
Amount of Annual Adjustment $ 8,950,509
Fiscal Year 2026-27 Appropriations Limit $ 127,128,540
II. Calculation of appropriations subject to the Appropriations Limit:
Fiscal Year 2026-27 Budgeted General Fund Revenue $ 87,016,723 Less: Non-proceeds of taxes (20,718,723)
Total FY 2026-27 appropriations subject to the Appropriations Limit: $ 66,298,000 Remaining Capacity $ 60,830,540
Percent change over prior year 4.95
(a) Per capita COLA (4.95 +100)/100 = 1.0495
City of Manteca Population % ∆ = 2.5
(b) Population converted to ratio (2.5+100)/100= 1.025
Calculation of factor for FY 2025-26: 1.0495 x 1.025 = 1.075738 Appropriations Limit Calculation
Fiscal Year 2026-27
Proposed Budget
Obtained from the Department of Finance (Price Factor and Population Information) Letter. Letter can be obtained via Internet in May: http://www.dof.ca.gov/Forecasting/Demographics/ ATTACHMENT 2