5776FOLLOWS:
ORDINANCE NO. 5776
AN ORDINANCE OF THE CITY OF ANAHEIM FIXING
AND LEVYING A PROPERTY TAX ON FULL CASH VALUE
OF ALL PROPERTY WITHIN THE CORPORATE LIMITS
OF THE CITY OF ANAHEIM FOR THE FISCAL YEAR
2001/2002.
THE CITY COUNCIL OF THE CITY OF ANAHEIM DOES ORDAIN AS
SECTION 1.
That pursuant to Section 93 of the Revenue and Taxation
Code of the State of California there be, and is fixed and
levied, a property tax rate for the fiscal year 2001/2002 of
.003525 percent of full value on all real and personal property
within the corporate limits of the City of Anaheim, for the
purpose of paying the annual interest on bonds and such part of
the principal as will become due before the proceeds of the next
general tax levy will be available. The amount of funds to be
generated from taxable property within the City of Anaheim as
revenue to pay the voter approved indebtedness from this action
is the sum of $689,774.
SECTION 2.
That the City Clerk of the City of Anaheim shall
certify to the County Auditor of Orange County, the foregoing
distribution of the tax rate of the City of Anaheim to be
extended by him on the 2001/2002 County Assessment Roll for the
collection thereof in the same manner as County taxes.
SECTION 3. DECLARATION OF IMMEDIATE EFFECT
That pursuant to the provisions of Paragraph (c) of
Section 514 of the Charter of the City of Anaheim, this ordinance
shall take effect and be in full force immediately upon and after
its adoption.
SECTION 4.
That the City Clerk shall certify to the passage of
this ordinance and shall cause the same to be printed once within
fifteen (15) days after its adoption in the Anaheim Bulletin, a
newspaper of general circulation, published and circulated in
said City.
THE FOREGOING ORDINANCE is approved and adopted by the
City Council of the City of Anaheim this 28th day of August,
2001.
ATTEST:
���i .GlJca.c�c- jXJC1C-l�L.t..�/JE/
CITY CLERK OF THE CITY OF ANAHEIM
20039.6
2
DATE: 8/13/01 GENERAL OBLIGATION BOND DEBT SERVICE
Storm Drain Improvement Bonds, Election of November 4, 1980 (2/3 voter approval)
Issued pursuant to Article XIII A as amended on June 3, 1986
Calculations For FY 2001/02
PY 2000-01 ESTIMATED CLOSING FUND BALANCE
$608,810
LESS ESTIMATED CHARGES TO FUND
PRIOR TO NEXT PROPERTY TAX LIEN:
10/1/01 Debt Service Payment
549,811
4/l/02 Debt Service Payment
179,386
10/1/02 Debt Service Payment
569,386
Total charges:
1,298,584
FY 2001/02 DEBT SERVICE REVENUE
REQUIREMENT (Estimated Total Charges
less Estimated Fund Balance)
$689,774
REVENUE CALCULATIONS - UNSECURED
FY 2001/02 Taxable Unsecured Valuation:
$1,086,485,822
/100 = 10,864,858
A)
FY 2000/01 Tax rate per $100 Assessed
0.003831
B)
Value:
FY 2001/02 Tax Yield (A * B)
41,623
C)
Remaining Revenue Requirement
FY 2001/02 Revenue Requirement less C)
648,151
REVENUE REQUIREMENTS -SECURED
Remaining Revenue Requirement:
648,151
Divided by
FY 2001/02 Total Secured Valuation:
518,389,387,682
/100 = 183,893,877
FY 2001/02 SECURED TAX RATE PER
$100 ASSESSED VALUE:
0.003525
FY 2001/02 COST FOR AN ASSESSED VALUE OF
$100,000
$3.52
LAST YEAR'S RATE
0.003831
INCREASE (DECREASE)
(0.000306)
DEBT SERVICE (FUND 301) REVENUES/EXPENDITURES
PAGE 1
DATE: 8/13/01
OBJECT# REVENUE DESCRIPTION
Beginning Fund Balance
FY 2000/01 FY 2001/02
ACTUALS (6/32) ESTIMATED
595,537 608,810
1001
Current Secured
$658.035 $648,151
1002
Current Unsecured
45,802 41,623
1004
Prop Tax Pen/Interest
0
1005
Prior Year's Collections
0
1009
Misc. Prop Tax
0
1011
P/Y County Bankruptcy
0
1621
Homeowner's Exemp Reimb.
10. 188
5001
Interest Income
25.656
$727,897
Other
0
$739,681 $689,774
EXPENDITURE DESCRIPTION
8278
Arbitrage Service Fees
$500
8271
Fiscal Agent Service
1.236
1,200
8772
93GO Bond Refunding Interest
395,172
371,197
9382
City Charges
0
0
9429
GO Bond Refunding Principle
330,000
355,000
$726,408
$727,897
Ending Fund Balance
$570,687
$608,810
PAGE
-r
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, SHERYLL SCHROEDER, City Clerk of the City of Anaheim, do hereby certify that the foregoing
Ordinance No. 5776 was introduced at a regular meeting of the City Council of the City of
Anaheim, held on the 21st day of August, 2001, and that the same was duly passed and adopted
at a regular meeting of said City Council held on the 28th day of August, 2001, by the following
vote of the members thereof:
WWW
NOES:
ABSENT:
(SEAL)
MAYOR/COUNCIL MEMBERS:
MAYOR/COUNCIL MEMBERS:
MAYOR/COUNCIL MEMBERS:
Feldhaus, Kring, Tait, McCracken, Daly
None
None
CITY CLE K OF THE CITY OF ANAHEIM
*.FU'IDAVIT OF PUBLI( XTION
I A I 1 01 \[.1H)RNIA.
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in, .I . tizt'n of tht butted States an,i a ic•,tdc1,
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lih.ee _ years, ant• not _i part} to (�, Inlertsted
thy_ x,ove entitle'.- natter l and the principal
l(,6 o' the Anaheim Bulletin - a iu w;papet
ll,at 'ia� )een adjud:-ed '.o he a newspaper t,t
_nr,al - initiation -_^' :11C Superior ( -alt of the
tl tt::,t ( )range. `-talc- of ( ahti)rnu, on
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Anaheim Bulletin
1125 N. Grand A% e.
Santa xna, ( A 92701
171.1) 71ih-'7000 ext, 100_
PROOF OF PUBLICATION
I his space is for the County C'lerk's Filing Stamp
C' U
(0 3 -
Proof of Publication of
ORDINANCE NO. 5776
AN ORDINANGE OF THE OITY OF ANAHEIM RIX III
ING AND LEVYING A PROMINTY TAX ON FULL
CASH VALUE GF ALL PROPERTY WITHIN THE
OORPGRATE LIMNS OF THE OITY OF ANAHEIM
FOR THE FISCAL YEAR 2001/2002.
THE CITY COUNCIL OF THE CITY OF ANAHEIM DOES
ORDAIN AS FOLLOWS:
SECTION -L
That pursuant to Section 93 of the Revenue and Taxa-
tion Code of the Sjate of California there be, and Is fixed
and levied, a property tax rate for the fiscal year 2001/2002
of .003525 percent of full value on all real and personal
Property, within the co orate limits of the City of Anaheim,
for the purpose of payTng the annual interest on bonds and
such part of the principal as will become due before the pro•
ceeds of the next general tax levy will be available. The
amount of funds to be generated from taxable property with-
in the City of Anaheim as revenue to pay the voter approved
indebtedness from this action is the sum of $089,774.
SECTION -2.
That the City Clerk of the City of Anaheim shall certify to
the County Auditor of Orange County, the foregoing distribu,
tion of the tax rate of the City of Anaheim to be extended by
him on the 2001/2002 County Assessment Roll for the collet
tion thereof in the same manner as County taxes.
SECTION 3. DECLARATION OF IMMEDIATE.EEFECT
That pursuant to the provisions of Paragraph (c) of Sec-
tion 514 of the Charter of the City of Anaheim, this ordinance
shall take effect and be In full force immediately upon and of
ter its adoption.
SECTION -4.
That the City Clerk shall certify to the passage of this or-
dinance and shall cause the same to be printed once within
fifteen (15) da after Its adoption in the Anaheim Bulletin, a
newspaper of general circulation, published and circulated
in sald C
THEVOREGOING ORDINANCE is approved and adopt-
ed by the City Council of the City of Anaheim this 28th day
of August,
2001.
TOM DALY
MAYOR OF THE CITY OF ANAHEIM
ATTEST
SHERYLLSCHROEDER
CITY CLERK OF THE CITY OF ANAHEIM
Introduced 21st day of August, 2001
AYES: Mayor Daly, Council Members: Feldhaus, Kring,
McCracken, Tait
NOES: None
ABSENT: None
Sept25-1137a[ 9tllldtirl I
Septo
54