11611
RESOLUTION NO. 1161
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2014-15 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 2014-15 Fiscal Year
Appropriations Limit:
California per capita personal income, (0.23)% (minus zero point two three percent).
Population Adjustments for County of Los Angeles for FY 2014-15, 0.78% (plus zero
point seven 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 2014-15 Fiscal
Year Appropriation Limit of the City of Rolling Hills: $1,369,450
Section 2. The City Clerk shall certify to the passage of Resolution No. 1161.
PASSED, APPROVED AND ADOPTED this 9h day of June 2014.
Allen Lay
Mayor
ATTEST:
V�
*Heidice
City Clerk
Resolution No. 1161 -1-
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 1161 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS ESTABLISHING THE 2014-15 FISCAL YEAR
APPROPRIATION LIMIT FOR THE CITY OF ROLLING HILLS.
was approved and adopted at a regular meeting of the City Council on June 9, 2014, by the following
roll call vote:
AYES: Councilmembers Dieringer, Hill, Pieper and Mayor Lay.
NOES: None.
ABSENT: Councilmember Black.
ABSTAIN: None.
HEIDI LUCE
CITY CLERK
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Resolution No. 1161 -2-