0956RESOLUTION NO. 956
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2004-05 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 2004-05 Fiscal
Year Appropriations Limit:
California per capita personal income, plus 3.28% (plus three point two eight
percent).
Population Adjustments for City of Rolling Hills for FY 2004-2005, plus 1.40%
(plus one point four zero 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 2004-
05 Fiscal Year Appropriation Limit of the City of Rolling Hills: $947,802.
Section 2. The City Clerk shall certify to the passaW yff Resolution No.
PASSED, APPROVED AND ADOPTED this 28wy/of J
Ma
ATTEST:
Marilyn L. Ke
Deputy City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 956 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2004-05 FISCAL YEAR
APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS.
was approved and adopted at a regular meeting of the City Council on June 28, 2004, by the
following roll call vote:
AYES: Councilmembers Black, Hill, Lay, Mayor Pro Tem Pernell
and Mayor Heinsheimer.
NOES: None.
ABSENT: None.
ABSTAIN: None.
MARILYN L.
DEPUTY CITY CLERK
Resolution No. 956 -1-