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AgdaPkt 2018-01-08 Joint SA PFA
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AgdaPkt 2018-01-08 Joint SA PFA
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Last modified
1/9/2018 5:00:08 PM
Creation date
1/5/2018 2:56:50 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda
Meeting Type
Regular
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
1/8/2018
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City of Redwood City <br />Appropriations Limit Schedule <br />For the fiscal year ending June 30, 2018 <br />AmountSource <br />A.Appropriations limit for the fiscal year ended June 30, 2017648,487,191$ Prior year schedule <br />B. Calculation factors: <br />1. Population increase %1.0369State Department of Finance <br />2. California Per Capita Income%1.0056State Department of Finance <br />3. Total adjustment factor %1.0427B1 * B2 <br />C.Annual adjustment increase27,694,709 [(B3-1)*A)] <br />D.Other adjustments: <br />Loss responsibility (-)- N/A <br />Transfers to private (-)- N/A <br />Transfers to fees (-)- N/A <br />Assumed responsibility (+)- N/A <br />E.Total adjustments27,694,709 (C+D) <br />F.Appropriations limit for the fiscal year ending June 30, 2018676,181,900$ (A+E) <br /> 3 <br />6.1.C. - Page 20
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