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SR 80:125 <br />Page 5 <br /> <br />Therefore, the City's appropriation limit for fiscal year 1980-81 <br />'is $7,984,544 Computed as follows: <br /> <br />Total Appropriations 1978-79 <br /> Less Non-Proceeds of Taxes <br /> 1978-79 Appropriations Subject to Limitation <br /> Plus 8.14% <br /> 1979-80 Appropriation Limit <br /> Plus 12.02% <br /> 1980-81 Appropriation Limit <br /> <br />$15,769,957. <br /> 9,178,701 <br /> 6,591,256 <br /> 536,528 <br /> .7,127,784 <br /> 856,760 <br />$ 7,984,544 <br /> <br />Recommendation <br /> <br />The City staff recommends that the City Councl adopt the <br />appropriation limit for fiscal year 1980-81 of $7,984,544. <br /> <br />Respectfully submitted, <br /> <br />Emily E. Wagner <br />Director of Finance <br /> <br />J~am~s R. Walker <br />City Manager <br /> <br /> <br />