0983RESOLUTION NO. 983
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2005-06 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 2005-06 Fiscal
Year Appropriations Limit:
California per capita personal income, plus 5.26% (plus five point two six
percent).
Population Adjustments for County of Los Angeles for FY 2005-2006, plus 1.18%
(plus one point one 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 2005-
06 Fiscal Year Appropriation Limit of the City of Rolling Hills: $1,038,184.
Section 2. The City Clerk shall certify to the passage of Resolution No. 983.
PASSED, APPROVED AND ADOPTED this 27' day of June, 2005.
Go r
Mayor
ATTEST:
Marilyn L. Kern
Deputy City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 983 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2005-06 FISCAL YEAR
APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS.
was approved and adopted at a regular meeting of the City Council on June 27, 2005, by the
following roll call vote:
AYES: Councilmembers Black, Heinsheimer, Hill, Mayor Pro Tem
Lay and Mayor Pernell.
NOES: None.
ABSENT: None.
ABSTAIN: None.
MARILYN L. kRN
DEPUTY CITY CLERK
Resolution No. 983 -1-