Loading...
06481 1 RESOLUTION NO. 648 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS ESTABLISHING THE 1991-92 FISCAL YEAR APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS. WHEREAS, the City of Rolling Hills has heretofore established its Base Year Appropriations Limit as $256,941; and WHEREAS, to the best of this City's knowledge and belief, the State Department of Finance figures -reflect the following statistics relevant to the calculation of the 1991-92 Fiscal Year Appropriations Limit: California per capita personal income, plus 4.14% (four point one four percent). Population Adjustments for Los Angeles County for 1991, plus 1.73% (plus one point seven three percent). NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS: SECTION 1. Based on the foregoing figures and the provision of Article XIII B of the Constitution of the State of California, the following figure accurately represents the 1991-92 Fiscal Year Appropriation Limit of the City of Rolling Hills: $527,528. SECTION 2. The City Clerk shall certify to the passage of Resolution No. 648. PASSED, APPROVED AND ADOPTED this 24th day of June, 1991. ATTEST: City CeA--Dze%.3-V- The foregoing Resolution No. 648 entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS ESTABLISHING THE 1991-92 FISCAL YEAR APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS. was approved and adopted at a regular meeting of the City Council on June 24, 1991 by the following roll call vote: AYES: Council Members 'Murdock, Leeuwenburgh and Heinsheimer. NOES: None. ABSENT: Mayor Pro Tem Swanson and 'flavor Pernell. ABSTAIN: None. Deputy City Clerk 1