CC RES 1991-032RESOLUTION NO. 91 -32
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF RANCHO PALOS VERDES ESTABLISHING
THE 1991 -92 FISCAL YEAR APPROPRIATION LIMIT-TOR THE CITY OF
RANCHO PALOS VERDES
WHEREAS, the city of Rancho Palos Verdes has established its
1990 -91 Fiscal Year Appropriation Limit of $8,934,658 (Eight
Million Nine Hundred Thirty Four Thousand Six Hundred Fifty Eight
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 1991 -92 Fiscal Year
Appropriation Limit:
California Per Capita Personal Income change:
Plus 4.14% (+ Four Point One Four Percent).
Los Angeles County Population Adjustment for 1990:
Plus 1.73% (+ One Point Seven Three 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 1991 -92 Fiscal Year
Appropriation Limit of the City of Rancho Palos Verdes:
$ 10,094,533 (Ten Mill ion Ninety Four Thousand Five Hundred Thirty
Three Dollars) .
Section 2: The City Clerk shall certify to the passage of this
resolution.
APPROVED AND ADOPTED THE 5th DAY OF �7UNf 191
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ATTEST:
CITY CLERK
Sta e of California
County of Los Angeles ) SS
City of Rancho Palos Verdes )
I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes,
hereby certify that the above Resolution No. 91 -32 was duly
and regularly passed and adopted by the said City Council at
a regular meeting thereof held on June 5, 99140
CITY aLERK
CITY RANCHO PALOS VERDES