Loading...
RES-2007-099RESOLUTION NO. 2007- 099 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2007/08. 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 2007/08 is calculated by adjusting the 2006 /07 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 appropriations limit for fiscal year 2007/08. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the City of Anaheim appropriations limit for fiscal year 2007/08 be established in the amount of $701,146,204.00. 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 2007 /08 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 2007/08 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 FURTHER 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 1 gthday of Junn 2007, by the following roll call vote: AYES: Mayor Pringle, Council Members Hernandez, Sidhu, Galloway, Kring NOES: NONE ABSENT: NONE ABSTAIN: NONE CITY OF HEIM By MAYOR OF THE CIT OF NAHEIM EXHIBIT A 2007/08 APPROPRIATIONS LIMIT CALCULATIONS AND COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT FY 2006/07 Adopted Appropriations Limit Adjustment Factor FY 2007/08 Appropriations Limit 1.05286686 FY 2007/08 Appropriations Limit FY 2007/08 Appropriations Subject To Limit FY 2007/08 Appropriations Limit Margin FY 2007/08 Appropriations Limit Margin, As a Percent of Limit $665,940,044 $701,146,204 $701,146,204 269,857,044 $431,289,160 61.5% Population percent change pursuant to Sections 2227 and 2228 of the Revenue and Taxation Code CHANGE IN COST OF LIVING POPULATION AND PRICE FACTOR CONVERTED TO AN ADJUSTMENT FACTOR EXHIBIT B 2007/08 APPROPRIATIONS LIMIT ADJUSTMENT FACTORS POPULATION Selected Factor: City Population Growth Population count provided by the State Finance Department 345,556 0.83% Selected Factor: California Per Capita Personal Income Growth 4.42% A) Population City, Converted to a factor 1.0083 B) Cost of Living Calif. Per Cap Income, Converted to a factor 1.0442 Ratio of change: A X B 1.05286686 EXHIBIT C 2007/08 APPROPRIATIONS LIMIT APPROPRIATIONS SUBJECT TO LIMIT CALCULATION Totals Total All City Revenues $1,018,290,106 Reduce by Non Proceeds of Taxes 744,245,704 $274,044,402 Add User Fee Revenues in Excess of Costs 0 274,044,402 Add User Fees in Replacement of Taxes 6,686,068 280,730,470 Subtract Revenues Supporting Federal Mandates (FLSA) 120,049 280,610,421 Subtract Qualified Capital Projects 10,033,919 270,576,502 Subtract Debt Service Appropriations 719,458 $269,857,044 Total All Expenditure Appropriations $1,018,290,106 Reduce by Non Proceeds of Taxes 744,245,704 $274,044,402 Subtract Debt Service Appropriations 719,458 273,324,944 Subtract Revenues Supporting Federal Mandates (FLSA) 120,049 273,204,895 Subtract Qualified Capital Project Expenditures 10,033,919 263,170,976 Add User Fees in Excess of Costs 0 263,170,976 Add Expenditures for Functions Formerly Tax Supported 6,686,068 $269,857,044 EXHIBIT D 2007/08 APPROPRIATIONS LIMIT PROCEEDS OF TAXES CALCULATION PROCEEDS NON- PROCEEDS OF TAXES OF TAXES TOTAL Taxes $239,151,860 $239,151,860 State Subventions 14,552,404 14,552,404 Service Charges 3,832,707 70,119,996 73,952,703 Permit Fees 21,716,849 21,716,849 Fines and Forfeitures 4,660,827 4,660,827 Rentals 38,680,821 38,680,821 Sales 15,500,584 366,143,525 381,644,109 Refunds and Reimbursements 32,564,302 32,564,302 Intemal Service Charges 168,691,355 168,691,355 Federal and County Subventions 13,774,496 13,774,496 Contributions 10,168,875 10,168,875 Subtotal $273,037,555 $726,521,046 $999,558,601 Interest 1,006,847 17,724,658 18,731,505 Total All City Revenues $274,044,402 $744,245,704 $1,018,290,106 Use of (Contribution to) Fund Balances 160,953,697 Mello -Roos CFDs (Separate Limits) 3,526,806 Redevelopment Agency 87,524,215 Housing Authority 69,310,541 Grand Total 1,339,605,365