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1185 y � ' - � RESOLUTTON NO. 11$5 A RESOLUTION OF TI� CITY COUNCIL �F THE CITY OF ROLLING HILLS ESTA.BLISHING THE 2016-17 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 sta.tistics relevant ta the calculation of the 2416-17 Fisca� Year Appropriations Limit: California per capita personal income, 5.37% (plus five point three seveta percent). Population Adjustments for County of Los Angeles for FY 2016-17, 0.85% (plus zero point eight five percent}. NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS: Section 1. Based vn the foregoing figures and the provision of Article XIII B of the Constitution of the State of Califarnia, the foll�wing figure accurately represen#s the 2016-17 Fiscal Year Appropriation Limit af the City of Rolling Hi11s: $1,523,234. Section 2. The City Clerk shall certify to the passage of Resolution No. 11 S5. PASSED, APPROVED AND ADOPTED this 13�' day of June, 2Q16. r �� i w �' � `j v � .� r 1� � Bea Dieringer �r Mayor ATTEST: Heidi Luce City C1erk Resolution No. I 185 -�- STATE OF CALIFORNIA } COUNTY�F LOS ANGELES } SS CITY OF R�LLING HILLS ) The foregoing Resolution No. 1185 entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS ESTABLISHING THE 2016-17 FISCAL YEAR APPROPRIATI�N LIMiT F�R THE CITY OF ROLLING HILLS. was approved and adopted at a regular meeting af the City Council an June 13, 201fi, by the following roll call vote: AYES: Councilmembers Mirsch,Pieper,Wilson and Mayor Dieringer. NOES: None. ABSENT: Mayor Pro Tem Black. ABSTAIN: None. HEIDI LUCE CITY CLERK Resalution No. 1�85 -2-