11081
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RESOLUTION NO. 1108
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2011-12 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 2011-12 Fiscal Year
Appropriations Limit:
California per capita personal income, 2.51 % (plus two point five one percent).
Population Adjustments for County of Los Angeles for FY 2011-12, 0.38% (plus zero
point three 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 2011-12 Fiscal
Year Appropriation Limit of the City of Rolling Hills: $1,235,325
Section 2. The City Clerk shall certify to the passage of Resolution No. 1108.
PASSED, APPROVED AND ADOPTED this 23`d day of May 2011.
eio�3
B. Allen Lay
Mayor
ATTEST:
Heidi Luce
Deputy City Clerk
Resolution No. 1108 -1-
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 1108 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2011-12 FISCAL YEAR
APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS.
was approved and adopted at a regular meeting of the City Council on May 23, 2011, by the following
roll call vote:
AYES: Councilmembers Heinsheimer, Hill, Pemell, Mayor Pro Tem Black and Mayor Lay.
NOES: None.
ABSENT: None.
ABSTAIN: None.
HEIDILUCE
DEPUTY CITY CLERK
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Resolution No. 1108 -2-