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Town of Los Altos Hills EXHIBIT A <br /> Appropriations Limit Calculation for Fiscal Year 2010-11 <br /> June 17,2010 <br /> A. Calculation of 2010-11 Appropriations Limit <br /> 2009-10 Appropriation Limit $ 4,907,809 <br /> Annual Change Factors <br /> Cost of living adjustment factors <br /> California per capita personal income(CPCPI) -2.540% <br /> Population adjustment factors <br /> Town of Los Altos Hills(LAH) 1.710% <br /> County of Santa Clara(SCC) 1.260% <br /> Authorized Adjustment Factor for 2010-11 <br /> CPCPI+SCC Population change <br /> ((-2.54+100)/100)x((1.710+100)/100) 0.9913 <br /> 2010-11 Appropriation Limit as adjusted <br /> 2009-10 appropriation limit x 2010-11 adjustment factor $ 4,864,943 <br /> B. 2010-11 Estimated Tax Proceeds Subject to Appropriations Limit <br /> Properly taxes <br /> Current secured and unsecured $ 2,698,100 <br /> In-lieu of vehicle license fees&triple flip 715,000 <br /> Supplemental taxes 34,648 <br /> Property transfer taxes 75,000 <br /> Homeowner's property tax exemption 18,400 <br /> Subtotal all property taxes $ 3,541,148 <br /> Other Taxes <br /> General sales tax $ 44,000 <br /> Business tax 131,885 <br /> Vehicle license fees 24,000 <br /> Subtotal all other taxes $ 199,885 <br /> Total estimated tax proceeds subject to appropriations limit $ 3,741,033 <br /> C. 2010-11 Appropriations Subject to Limit <br /> 2010-11 Appropriations supported by tax proceeds <br /> Administration $ 1,454,373 <br /> Committees and Grants 179,792 <br /> Public Safety 1,023,030 <br /> Planning,Building,Engineering(net of user fees) 581,836 <br /> Parks&Recreation(net of user fees) 400,089 <br /> Total appropriations subject to limit $ 3,639,120 <br /> D. Over(Under)Appropriations Limit <br /> 2010-11 appropriations limit,as adjusted $ 4,864,943 <br /> Total appropriations subject to limit 3,639,120 <br /> Appropriations Over(Under)Appropriations Limit $ (1,225,822) <br /> -25% <br />