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Attachment 2 <br /> FY 2023/24 APPROPRIATIONS LIMIT <br /> 2022-23 2023-24 <br /> GROWTH FACTORS A&B: (Use the greater of each) <br /> (1) (A) CITY POPULATION GROWTH FACTOR (%) -1.67% -1.37% <br /> OR <br /> COUNTY POPULATION GROWTH FACTOR(%) -0.62% -0.47% <br /> (1) (B) CHANGE IN NON-RESIDENTIAL <br /> CONSTRUCTION AV($) $28,744,350 $34,624,186 <br /> ANNUAL INCREASE IN ALL CITY AV($) $724,704,602 $1,790,171,610 <br /> % CHANGE DUE TO NON-RESIDENTIAL <br /> CONSTRUCTION 3.97% 1.93% <br /> OR <br /> PER CAPITA PERSONAL INCOME <br /> CHANGE OVER PRIOR YEAR 7.55% 4.44% <br /> NEW FACTOR TO APPLY TO PROP 4 LIMIT <br /> (County pop. factor X per capita personal income%change) 1.069 1.039 <br /> (City pop.factor X per capita personal income% change) <br /> PRIOR GANN LIMIT $786,407,036 <br /> CURRENT YEAR GANN LIMIT $817,463,288 <br /> (1) Use the greater of the two percentage changes. <br />