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06/27/2011 <br /> PROPOSITION 4 <br /> APPROPRIATION LIMITATIONS <br /> FISCAL YEAR 2011 -12 <br /> Appropriation Limit FY 2010 -11 $361,486,037 <br /> Growth in per capita personal income 2.51% <br /> Percentage increase in population growth 1.15% <br /> 1.0251 x 1.0115 = 1.0368885 <br /> Appropriation Limit FY 2011 -12 $374,820,769 <br /> Reso. #15124 <br />