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Attachment 2 <br />2023-24 2024-25 <br />GROWTH FACTORS A & B: (Use the greater of each) <br />(1)(A) CITY POPULATION GROWTH FACTOR (%) -1.37% -1.17% <br />OR <br />COUNTY POPULATION GROWTH FACTOR (%) -0.47% -0.54% <br />(1)(B) CHANGE IN NON-RESIDENTIAL <br />CONSTRUCTION AV ($) $34,624,186 $218,000 <br />ANNUAL INCREASE IN ALL CITY AV ($) $1,790,171,610 $1,667,182,926 <br />% CHANGE DUE TO NON-RESIDENTIAL <br />CONSTRUCTION 1.93% 0.01% <br />OR <br />PER CAPITA PERSONAL INCOME <br />% CHANGE OVER PRIOR YEAR 4.44% 3.62% <br />NEW FACTOR TO APPLY TO PROP 4 LIMIT <br />(County pop. factor X per capita personal income % change) 1.039 1.031 <br />(City pop. factor X per capita personal income % change) <br />PRIOR GANN LIMIT $817,463,288 <br />CURRENT YEAR GANN LIMIT $842,481,359 <br />(1)Use the greater of the two percentage changes. <br />FY 2024/25 APPROPRIATIONS LIMIT <br />Page 60 of 248