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1208�r .*.�-���.�.. �.r s•�t�.� .. - �,+�1F�'���l�r xEsoLur�oN rro. izas A RE50LUTION OF THE CITY COUNCIL OF 1'HE C�TY OF ROLLING HILLS ESTABLISHING THE 2017-1.8 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 knov�vledge and belief, the State Department of Finance figures reflect the following statistics relevant to the calculation of the 2417-18 Fiscal Year Appropriations Limit: California per capita personal income, 3.69% (plus three point six nine percent). Populatian Adjustments for Caunty of Los Angeles for FY 2017-18, 0.57% {plus zero point five seven percent). NOW, TI�REFORE, 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 2017-18 Fiscal Year Appropriation Limit of the City of Rolling Hi�ls: $1,5$$,444. Section 2. The City Clerk shall certify to the passage of Resolution Na. f 208. PASSED, APPROVED 1�ND ADOPTED this 12�'day of June, 2017. c il n Mayor Pro Tem ATTEST: Heidi Luce City C�erk Resoludan No. 120$ -1- STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES } SS CITY OF ROLLING HILLS ) The foregoing Resolution No. 1208 entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS ESTABLISHING THE 2017-18 FISCAL YEAR APPROPRIATION LIMIT FOR TI� CITY 4F ROLLING HILLS. �� was approved and adopted at a regular meeting of the City Cauncil on June 12, 2017, by the fotlowing ro�l call vote: AYES: Councilmembers Dieringer,Mirsch,Pieper and Mayor Pro Tem Wilson. NOES: None. ABSENT: Mayor Black. ABSTAIN: None. HEIDI LUCE CITY CLERK Resolution No. 1208 -2-