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RES-2009-105RESOLUTION NO. 2009- 105 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA. ADOPTING THE COMMUNITY FACILITIES DISTRICT NO. 1989 -1 (SYCAMORE CANYON) ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2009 /1 ft WHEREAS, the voters of California on November 6, 1977, added Article XIII B to the State Constitution placing various limitations on the appropriations of the state and local governments, and WHEREAS. Article XIII B of the State Constitution provides that the appropriations limit for fiscal year 2009/10 is calculated by adjusting the 2008 /09 fiscal appropriations limit for changes in the cost of living and population except as otherwise provided in said Article XIII B; and WHEREAS, the information necessary for making these adjustments is attached in Exhibits A through D: and WHEREAS, the City of Anaheim has complied with all the provisions of Article XIII B of the State Constitution in determining the Community Facilities District No. 1989 -1 (Sycamore Canyon) appropriations limit for fiscal year 2009/10. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the Community Facilities District No. 1989 -1 (Sycamore Canyon) appropriations limit for fiscal year 2009/10 be established in the amount of $274,103,715.00. BE IT FURTHER RESOLVED that the City Council of the City of Anaheim, by recorded vote of the City Council adopting this resolution, hereby determines and selects that, with regard to fiscal year 2009/10 and the calculations specified herein for such fiscal year, the term "change in the cost of living" for purposes of Section 8(e)(2) of Article XIII B of the Constitution of the State of California shall mean the percentage change in the California per capita personal income from the preceding year. BE IT FURTHER RESOLVED that the City Council of the City of Anaheim, by recorded vote of the City Council adopting this resolution, hereby determines and chooses that, with regard to fiscal year 2009/10 and the calculations specified herein for such fiscal year, the term "change in population" for purposes of Article XIII B of the Constitution of the State of California and Division 9 of Article 1 of the Government Code of the State of California shall mean the change in population within the City of Anaheim. BE IT F TRTHER RESOLVED that said appropriations limit herein established may be changed as deemed necessary by resolution of the City Council. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 23rd day of June 2009, by the following roll call vote AYES: NOES: ABSENT ABSTAIN: NONE ATTEST:/ CITY LERK OF THE CITY ?3217 I /baranato Mayor Pringle, Council Members Hernandez, Sidhu, Galloway, Kring NONE NONE 4441 AVM:., F ANAHEIM By MAYO OF THE CIT OF 7 AHEIM CITY OF A 2 IM FY' 2009/1t Appropriations Luau FY 2009/11 Appropriations Suhieet To Limit FY 2009/11 Appropriations Limit Margin EXHIBIT A 2009/10 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989 -1 (SYCAMORE CANYON) C ‘LC1'LATIONS COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT F1' 2()08/(' Adopted Appropriations Limit Adiustmen Factor 1 01525580 FY 2009 Appropriations Lime! FY 2009/11 Appropriations Limit Margin, As a Percent of Limn $269,984,879 $274.103.715 $274,103,715 43,500 $274,060,215 99 .9g% 2009/10 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989 -1 (SYCAMORE CANYON) ADJUSTMENT FACTORS POPULA'I ION Selected Factor City Population Growth Population count provided by the State Finance Department 348.467 Population percent change pursuant to Sections 2227 and 2228 of the Revenue and Taxation Code PRICE FACTOR Selected Factor Calilomta Per Capita Personal 0 62 Income Growth POPULATION AND PRICE FACTOR CONVERTED TO AN ADJUSTMENT FACTOR A) Population Convened to a tactot B) Price I- actor Convened to a factor Ratio ofchanae A x 13 EXHIBIT B 1.0090 1.0062 0.90% 1.01525580 EXHIBIT C 2009/10 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989 -1 (SYCAMORE CANYON) APPROPRIATIONS SI ;BJECT TO LIMIT CALCULATION Total All Revenues 1595.504 Reduce by Non Proceeds 41 axes 0 $595,504 Add User lees in Excess of Costs 0 595.504 Add User lees in Replacement of Taxes 0 595.504 Subtract Debt Service Appropriations 552,004 $43,500 "total All \ppropriations $595,504 Reduce tit Non Proceeds of Taxes 0 $595.504 Subtract 1 eht Service Appropriations 552,004 43,500 Appropriations Subject to Limn $43,500 EXHIBIT D 2009/10 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989 -1 (SYCAMORE CANYON) PROCEEDS OF TAXES CALCULATION PROCEEDS NON- PROCEEDS OF TAXES OF TAXES TOTAL laws $588,504 0 $588,504 State Sub vrntions 0 0 0 Service Cliaree•• 0 0 0 Permit Fee 0 0 0 1- ines and I orlertures II 0 0 Rentals 0 0 0 Sales 0 0 0 Refunds and Reimbursements 0 0 0 Internal Service Charges 0 0 0 Federal and Count\ Subvention 0 0 0 Contributums 0 0 0 Suhtota $588.504 $0 8588,504 Interest 7.000 0 7,000 1 otal $595.504 $0 $595,504