107-Appropriations Limit Report (GANN).pdf
CITY OF CUPERTINO
Independent Accountant’s Report on Applying
Agreed-Upon Procedures Related to
the Article XIII-B Appropriations Limit
For the Year Ended June 30, 2010
The Honorable Mayor and
Members of the City Council
City of Cupertino, California
Independent Accountant’s Report on Applying
Agreed-Upon Procedures Related to
the Article XIII-B Appropriations Limit
We have performed the procedures enumerated below to the accompanying Appropriations Limit
Worksheet of the City of Cupertino, California (City), for the year ended June 30, 2010. These procedures,
which were agreed to by the League of California Cities and presented in their Article XIIIB
Appropriations Limitation Uniform Guidelines, were performed solely to assist the City in meeting the
requirements of Section 1.5 of Article XIIIB of the California Constitution. The City’s management is
responsible for the Appropriations Limit Worksheet. This agreed-upon procedures engagement was
conducted in accordance with attestation standards established by the American Institute of Certified
Public Accountants. The sufficiency of these procedures is solely the responsibility of those parties
specified in this report. Consequently, we make no representation regarding the sufficiency of the
procedures described below either for the purpose for which this report has been requested or for any
other purpose.
The procedures performed and our findings were as follows:
1.We obtained the completed worksheets setting forth the calculations necessary to establish the
City’s appropriations limit and compared the limit and annual adjustment factors included in
those worksheets to the limit and annual adjustment factors that were adopted by resolution of the
City Council. We also compared the population and inflation options included in the
aforementioned worksheets to those that were selected by a recorded vote of the City Council.
Finding: No exceptions were noted as a result of our procedures.
2.For the accompanying Appropriations Limit Worksheet, we added last year’s limit to total
adjustments, and compared the resulting amount to this year’s limit.
Finding: No exceptions were noted as a result of our procedures.
3.We compared the current year information presented in the accompanying Appropriations Limit
Worksheet to the worksheets described in No. 1 above.
Finding: No exceptions were noted as a result of our procedures.
4.We compared the prior year appropriations limit presented in the accompanying Appropriations
Limit Worksheet to the prior year appropriations limit adopted by the City Council.
Finding: No exceptions were noted as a result of our procedures.
We were not engaged to, and did not, conduct an examination, the objective of which would be the
expression of an opinion on the Appropriations Limit Worksheet. Accordingly, we do not express such an
opinion. Had we performed additional procedures, other matters might have come to our attention that
would have been reported to you. No procedures have been performed with respect to the determination
of the appropriations limit for the base year, as defined by Article XIIIB of the California Constitution.
This report is intended solely for the information and use of the Mayor, City Council, and City’s
management and is not intended to be and should not be used by anyone other than these specified parties.
Certified Public Accountants
Walnut Creek, California
November 17, 2010
CITY OF CUPERTINO, CALIFORNIA
Appropriations Limit Worksheet
For the Year Ended June 30, 2010
Appropriations limit, fiscal year 2008-200969,217,707$
Adjustment factors:
Population growth 1.0156
×
Inflation 1.0062
Total adjustment (rounded)1.0219
Annual adjustment in dollars1,515,641
Appropriations limit, fiscal year 2009-201070,733,348$