1020 RESOLUTION NO. 1020
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2007-08 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 Departrnent
of Finance figures reflect the following statistics relevant to the calculation of the 2007-08 Fiscal
Year Appropriations Limit:
California per capita personal income, plus 4.42% (plus four point four two
percent).
Population Adjustrnents for County of Los Angeles for FY 2007-2008, plus 0.72%
(plus zero point seven two 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 2007-
08 Fiscal Year Appropriation Limit of the City of Rolling Hills: $1,143,969.
Section 2. The City Clerk shall certify to the passage of Resolution No. 1020.
PASSED, APPROVED AND ADOPTED this 25`�' day of June, 2007.
� �
Franlc E. Hill
Mayor Pro Tem
ATTEST:
I
Marilyn L. Ke
Deputy City Clerk
STATE OF CALIFORNIA ) �
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 1019 entided:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2007-08 FISCAL YEAR
APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS.
was approved and adopted at a regular meeting of the City Council on June 25, 2007, by the
following roll call vote:
AYES: Councilmembers Heinsheimer, Lay, Pernell and
Mayor Pro Tem Hill .
NOES: N o n e.
ABSENT: Mayor Black.
ABSTAIN: N o n e .
/Iw JLC.�.� �� `�LLa�b�
MARILYN L. I�
DEPUTY CITY CLERK
Resolution No. 1020 -1-