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Conejo Recreation & Park District GENERAL MANAGER Jim Friedl DATE: June 04, 2020 BOARD OF DIRECTORS George M. Lange, Chair Doug Nickles, Vice Chair Susan L. Holt, Director Chuck Huffer, Director Nellie Cusworth, Director GENERAL MANAGER EMERITUS Tex Ward TO: Board of Directors FROM: Jim Friedl, General Manage ��l. SUBJECT: Appropriation Amount Subject to' Limitation, FY 2020-2021 RECOMMENDATION The Board of Directors adopt Resolution No. 060420-A setting the 2020-2021 appropriation subject to limitation. DISCUSSION Article XIII B of the California Constitution specifies that appropriations made by governmental entities may increase annually by the change in population and the change in the California per capita personal income. While the percent change in California per capita personal income used in setting the 2020-2021 appropriations limit is a statewide figure, the district population increase is the percent change in population for the City of Thousand Oaks. The City population and California per capita personal income changes are provided by the State Department of Finance. In calculating the appropriation amount subject to limitation, fiscal year 1978-1979 was designated as the base year with adjustments to be made in subsequent years according to the criteria as referenced above. Staff has computed the limitation amount for fiscal year 2020-2021 as indicated in Attachment B. Attachment A is a proposed resolution setting the amount. Respectfully submitted, Melissa mith, inistrator Management Services Attachments: A. Resolution No. 060420-A B. 2020-2021 Appropriation Limit Prepay d by, Loretta Massie Accounting Supervisor ADMINISTRATIVE OFFICES 403 West Hillcrest Drive Thousand Oaks, CA 91360-4223 (805) 495-6471 1 FAX: (805) 497-3199 Email: parks@crpd.org 1 Website: www.crpd.org