Laserfiche WebLink
• • <br /> RESOLUTION No. 41= 0 9 <br /> A RESOLUTION OF <br /> THE CITY COUNCIL OF THE TOWN <br /> OF LOS ALTOS HILLS APPROVING THE <br /> APPROPRIATION LIMIT OF$4,907,809 <br /> FOR FISCAL YEAR 2009-10 <br /> WHEREAS, Article XII of the California Constitution and Section 7900 et seq. of the <br /> California Government Code requires cities to adopt limits on appropriations for each <br /> fiscal year; and <br /> WHEREAS, the Appropriations Limit has been calculated for the fiscal year 2009-10 <br /> and.is set forth in that certain document Approriations Limit Calculation for Fiscal Year <br /> 2009-10, attached hereto (Exhibit A) and made a part hereof; and <br /> WHEREAS, the staff report and the documentation used in determining the <br /> Appropriations Limit and appropriations subject to limit have been made available to the <br /> public as required by law; and <br /> NOW THEREFORE, the City Council of the Town of Los Altos Hills does hereby <br /> resolve that: <br /> 1. The adjustment factors selected for calculating this Appropriations Limit are <br /> based on a California Per Capita Personal Income change of 0.62% and the <br /> County of Santa Clara population change of 1.56% as provided by the State of <br /> California Department of Finance for January 1, 2009; and <br /> 2. The Appropriations Limit for fiscal year 2009-10 is established at $4,907,809; <br /> and <br /> 3. The City Council reserves the right to recalculate this Appropriations Limit. <br /> REGULARLY PASSED AND ADOP . : ii th day of July, 2009. <br /> BY: - • <br /> n Warshawsky, M0/or <br /> ATTE T: <br /> eiKaren Jost, 45 <br />