REPEAL
THE HERMOSA BEACH UTILITY TAX
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*Documents: Formula for
Surplus for FY 96-97*
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Special note, Oct. 2007: Purely by coincidence, the 2007 City-sponsored measure to increase the UUT was given the same ballot letter designation as the 2001 Citizen-sponsored measure to repeal the UUT! |
This official document shows how the City calculated its surplus for Fiscal Year 1996-97 (ending 6-30-97), and how it was disposed of. |
Source: HB Finance Department. |