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• • <br /> EXHIBIT A <br /> Town of Los Altos Hills <br /> Appropriations Limit Calculation for Fiscal Year 2011-12 <br /> June 16,2011 <br /> A. Calculation of 2011-12 Appropriations Limit <br /> Prior YearAppropriation Limit $ 4,864,943 <br /> Annual Change Factors <br /> Cost of living adjustment factors <br /> California per capita personal income(CPCPI) 1.0251 <br /> Population adjustment factors <br /> Town of Los Altos Hills(LAH) 1.0082 <br /> County of Santa Clara(SCC) 1.0089 <br /> Authorized Adjustment Factor <br /> CPCPI X SCC Population change 1.0342 <br /> 2011-12 Appropriation Limit as adjusted <br /> Prior year limit x Authorized Adjustment Factor $ 5,031,438 <br /> B. 2011-12 Estimated Tax Proceeds Subject to Appropriations Limit <br /> Property taxes <br /> Current secured and unsecured $ 2,719,711 <br /> In-lieu of vehicle license fees&triple flip 708,390 <br /> Supplemental taxes 76,675 <br /> Homeowner's property tax exemption 18,000 <br /> Subtotal all property taxes $ 3,522,776 <br /> Other Taxes <br /> General sales tax $ 26,377 <br /> Property transfer taxes 185,250 <br /> Business tax 160,000 <br /> Public safety sales tax 34,100 <br /> Subtotal all other taxes $ 405,727 <br /> Total estimated tax proceeds subject to appropriations limit $ 3,928,503 <br /> C. 2011-12 Appropriations Subject to Limit <br /> Appropriations supported by tax proceeds <br /> Administration $ 1,445,848 <br /> Committees and Grants 175,509 <br /> Public Safety 1,137,098 <br /> Planning,Building,Engineering(net of user fees) 736,546 <br /> Parks&Recreation(net of user fees) 295,432 <br /> Total appropriations subject to limit $ 3,790,433 <br /> D. Over(Under)Appropriations Limit <br /> Appropriations limit as adjusted $ 5,031,438 <br /> Total appropriations subject to limit 3,790,433 <br /> Appropriations Over(Under)Appropriations Limit $ (1,241,005) <br /> -25% <br />