0816RESOLUTION NO. 816
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 1997-98 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 1997-98 Fiscal Year Appropriations Limit:
California per capita personal income, plus 4.67% (plus four point six seven
percent).
Population Adjustments for County of Los Angeles for FY 1997-1998, plus
1.247o (plus one point two four 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
1997-98 Fiscal Year Appropriation Limit of the City of Rolling Hills: $677,589.
Section 2. The City Clerk shall certify to the passage of Resolution No. 816.
PASSED, APPROVED AND ADOPTED this 23rd day of June, 1997.
B. Allen Lay (/ U
Mayor
ATTEST:
Marilyn L. Kern
Deputy City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) Ss
CITY OF ROLLING HILLS )
The foregoing Resolution No. 816 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 1997-1998 FISCAL YEAR
APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS.
was approved and adopted at a regular meeting of the City Council on June 23, 1997, by the
following roll call vote:
AYES: Councilmember Murdock, Mayor Pro Tem Hill and Mayor Lay.
NOES: None.
ABSENT: Councilmembers Heinsheimer and Pernell.
ABSTAIN: None .
MARILYN L. EJ
DEPUTY CITY CLERK
Resolution No. 816 -1-