CC RES 1994-046RESOLUTION NO. 94 -46
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF RANCHO PALOS VERDES ESTABLISHING
THE 1994 -95 FISCAL YEAR APPROPRIATION LIMIT
FOR THE CITY OF RANCHO PALOS VERDES
WHEREAS, the City of Rancho Palos Verdes has established its
1993 -94 Fiscal Year Appropriation Limit of $10,502,637 (Ten Million
Five Hundred Two Thousand Six Hundred Thirty Seven Dollars) ; 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 1994 -95 Fiscal Year
Appropriation Limit:
California Per Capita Personal Income change:
Plus .71% (+ Zero Point Seven One Percent).
Los Angeles County Population Adjustment:
Plus .75% (+ Zero Point Seven Five Percent),
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
Section 1: Based on the foregoing figures and the provisions of
Article XIII B of the Constitution of the State of California, the
following figure accurately represents the 1994 -95 Fiscal Year
Appropriation Limit of the City of Rancho Palos Verdes:
$ 10,656,534 (Ten Million Six Hundred Fifty Six Thousand Five
Hundred Thirty Four Dollars).
Section 2: The City Clerk shall certify to the passage of this
resolution.
APPROVED AND ADOPTED THE
ATTEST:
CITY CLERK
Sta e of California )
County of Los Angeles
City of Rancho Palos Verdes )
21st DAY OF JUNE 19940
MAYOR
ss
I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes,
hereby certify that the above Resolution No. 94 -46 was duly
and regularly passed and adopted by the said City Council at
a regular meeting thereof held on June 21, 1994,*
CITY CLERK/1
CITY OF RAIN HO PALOS VERDES