ATTACHMENT 1
PROPERTY TAX APPROPRIATION LIMIT
2005-06 BUDGET
Appropriations Limit for  2004-2005		$1,035,492
Multiplier		1.0508	note 1
Appropriations Limit for  2005-2006		$1,088,106
Appropriations Subject to Limit:
Property Tax		$1,144,500	note 2
Exempt Appropriations		($309,300)
Total		$835,200
Appropriation Limit for 2005-2006		($1,088,106)
Estimated Excess Tax Revenue		$0
NOTES:
1. Source: Price and Population Data for Local Jurisdictions
Department of Finance, May 2005
Price 1.0526  X Population 0.9983  =	1.0508
Price	1.0526
Population	0.9983
Ratio of change	1.0508
2.  Property tax revenue estimate	$1,144,500
			approplimit
			6/1/2005