11211
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RESOLUTION NO. 1121
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2012-13 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 2012-13 Fiscal Year
Appropriations Limit:
California per capita personal income, 3.77% (plus three point seven seven percent).
Population Adjustments for County of Los Angeles for FY 2012-13, 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 2012-13 Fiscal
Year Appropriation Limit of the City of Rolling Hills: $1,286,767
Section 2. The City Clerk shall certify to the passage of Resolution No. 1121.
PASSED, APPROVED AND ADOPTED this 11o' day of June 2012.
James Bl c , M.D.
Mayor
ATTEST:
(4�1a.
Heidi Luce
Deputy City Clerk
Resolution No. 1121 -1-
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 1121 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2012-13 FISCAL YEAR
APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS.
was approved and adopted at a regular meeting of the City Council on June 11, 2012, by the following
roll call vote:
AYES: Councilmembers Heinsheimer, Hill, Pernell, Mayor Pro Tem Hill and Mayor Lay.
NOES: None.
ABSENT: None.
ABSTAIN: None.
%-W�o
HEIDI LUCE
DEPUTY CITY CLERK
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Resolution No. 1121 -2-