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0882RESOLUTION NO. 882 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS ESTABLISHING THE 2000-01 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 2000-01 Fiscal Year Appropriations Limit: California per capita personal income, plus 4.91% (plus four point nine one percent). Population Adjustments for County of Los Angeles for FY 2000-2001, plus 1.75% (plus one point seven five 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 2000- 01 Fiscal Year Appropriation Limit of the City of Rolling Hills: $812,598. Section 2. The City Clerk shall certify to the passage of Resolution No. 882. PASSED, APPROVED AND ADOPTED thi �26�'%rhell, 00.—Go .. Mayor ATTEST: rte_ '� . ►c -V� Marilyn L. Ker Deputy City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF ROLLING HILLS ) The foregoing Resolution No. 882 entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS ESTABLISHING THE 2000-2001 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, 2000, by the following roll call vote: AYES: Councilmembers Heinsheimer, Hill, Mayor Pro Tem Murdock and Mayor Pernell. NOES: None. ABSENT: Councilmember Lay. ABSTAIN: None. 3 )<, MARILYN L. ERN DEPUTY CITY CLERK Resolution No. 882 -1-