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06/12/2017 <br />1. This Council does hereby select to use the change in population <br />within the County of San Mateo as the "change in population" for purposes of in <br />calculating its annual appropriations limit. <br />2. This Council does hereby select to use the percentage change in <br />California per capita personal income from the preceding year as the "change in <br />the cost of living" for purposes of calculating its annual appropriations limit. <br />3. This Council does hereby establish as the appropriations limit for <br />Fiscal Year 2017-18, the amount of $676,181,900, calculated in accordance with <br />the provisions of Division 9 (commencing with Section 7900) of the California <br />Government Code. <br />Proposition 4 Appropriation Limitations <br />Fiscal Year 2017-18 <br />Appropriation Limit FY 2016-17 $648,487,191 <br />Percentage change in statewide per capita o <br />personal income 3.69/0 <br />Percentage increase in County population growth 0.56% <br />1.0369 x 1.0056 = 1.04270664 <br />Appropriation Limit FY 2017-18 $676,181,900 <br />4. This resolution shall be effective immediately upon its adoption. <br />ATTY/RESO.0049/CC RESO ESTABLISHING APPROPRIATION LIMIT FOR FY 17-18 <br />REV: 05-24-1715 <br />Page 2 of 2 <br />RESO. NO. 15590 <br />MUFF NO. 501 <br />