0861RESOLUTION NO: 861
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 1999-00 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 1998-99 Fiscal Year Appropriations Limit:
California per capita personal income, plus 4.53% (plus four point five three
percent).
Population Adjustments for County of Los Angeles for FY 1999-2000, plus
1.78% (plus one point seven eight 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
1999-00 Fiscal Year Appropriation Limit of the City of Rolling Hills: $761,245.
Section 2. The City Clerk shall certify to the passage of Resolution No. 861.
PASSED, APPROVED AND ADOPTED this 29"' day4 j ne, 1999./%
Heinsheimer
Mayor
ATTEST:
.� . k �,o
Marilyn L. Kern
Deputy City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 861 entitled:
A RESOLUTION OF THE CITY COUNCIL OF. THE CITY OF
ROLLING HILLS ESTABLISHING THE 1999-2000 FISCAL YEAR
APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS.
was approved and adopted at a regular meeting of the City Council on June 29, 1999, by the
following roll call vote:
AYES: Councilmembers Hill, Murdock, Mayor Pro Tem Pernell
and Mayor Heinsheimer.
NOES: None.
ABSENT: Councilmember Lay.
ABSTAIN: None.
MARI�L.N
DEPUTY CITY CLERK
Resolution No. 861 -1-