Laserfiche WebLink
ATTY/RESO.0024/CC RESO ESTABLISHING THE APPROPRIATION LIMIT FOR FY 26-27 <br />REV: 05-21-26 MI <br />Page 2 of 2 <br /> <br />Proposition 4 Appropriations Limit <br />Fiscal Year 2026-27 <br /> Calculation for FY 2026-27 <br />Appropriations Limit FY 2025-26 $1,044,338,532 <br />Percentage growth in state-wide per capita personal <br />income 4.95% <br />Percentage increase in City population growth -0.03% <br /> (1+0.0495) x (1-0.0003) = 1.04918515 <br /> Appropriations Limit FY 2026-27 $1,095,704,480 <br /> <br /> <br />4. This resolution shall be effective immediately upon its adoption. <br /> <br /> <br /> <br />* * *