0763RESOLUTION NO. 763
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 1995-96 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 1995-96 Fiscal Year Appropriations Limit:
California per capita personal income, plus 4.7211 (plus four point seven two
percent).
Population Adjustments for City of Rolling Hills for FY 1995-1996, plus 2.270
(plus two point two 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
1995-96 Fiscal Year Appropriation Limit of the City of Rolling Hills: $607,800.
Section 2. The City Clerk shall certify to the passage of Resolution No. 763.
PASSED, APPROVED AND ADOPTED this 26th cif—e, 1995.
" Go erne .
Mayor
ATTEST:
04,4
Crzfig R. Nealis
City Manager
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 763 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 1995-96 FISCAL YEAR
APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS.
was approved and adopted at a regular meeting of the City Council on June 26, 1995, by the
following roll call vote:
AYES: Coiincilmembers Heinsheimer, Hill, Lay, Mayor Pro Tem Murdock
and Mayor Pernell.
NOES: None.
ABSENT: None .
ABSTAIN: None.
oc-
9 . k)�
MARILY� N L. `AERN
DEPUTY CITY CLER1<-
Resolution No. 763 -1-