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1039 RESOLUTION NO. 1039 A RESOLUTION OF THE CTI'Y COUNCIL OF THE CITY OF ROLLING HILLS ESTABLISHING THE 2008-09 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 2008-09 Fiscal Year Appropriations Limit: California per capita personal income, plus 4.29% (plus four point two nine percent). Population Adjustments for County of Los Angeles for FY 2008-2009, plus 0.86% (plus zero point eight six 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 2008- 09 Fiscal Year Appropriation Limit of the City of Rolling Hills: $1,203,306. Section 2. The City Clerk shall certify to the passage of Resolution No. 1039. PASSED, APPROVED AND ADOPTED this 23`a day of June, 2008. �_ ! � . Fra E. Hill Mayor AT'TEST: Marilyn L. Ke Deputy City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CTTY OF ROLLING HILLS ) The foregoing Resolution No. 1039 entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS ESTABLISHING THE 2008-09 FISCAL YEAR APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS. was approved and adopted at a regular meeting of the City Council on June 23, 2008, by the following roll call vote: AYES: Councilmembers Black, Lay, Mayor Pro Tem Heinsheimer and Mayor Hill . NOES: None . ABSENT: Councilmember Pernell . ABSTAIN: No n e . �r ���� MARILYN L. RN � DEPUTY CITY CLERK Resolution No. 1039 -1-