RES-2013-095RESOLUTION NO. 2013 -095
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM, CALIFORNIA, ADOPTING THE COMMUNITY
FACILITIES DISTRICT NO. 06 -2 (STADIUM LOFTS) ANNUAL
APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2013/14.
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 2013/14 is calculated by adjusting the 2012/13 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. 06 -2 (Stadium Lofts)
appropriations limit for fiscal year 2013/14.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that
the Community Facilities District No. 06 -2 (Stadium Lofts) appropriations limit for fiscal year
2013/14 be established in the amount of $15,372,055.00.
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 2013/14 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 2013/14 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 PASSED, APPROVED AND ADOPTED BY THE
CITY COUNCIL OF THE CITY OF ANAHEIM THIS EIGHTEENTH (18TH) DAY OF
JUNE, 2013, BY THE FOLLOWING ROLL CALL VOTE:
AYES: Mayor Tait, Council Members Eastman, Murray, Brandman and Kring
NOES: None
ABSENT: None
ABSTAIN: None
CITY OF ANAHEIM
By: ---,/
MAYOR OF THE CITY OF ANAHEIM
ATTEST:
CITY CLERK OF THE CITY OF A AHEIM
90081.2
2
FY 2013/14 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 06-2 (STADIUM LOFTS)
EXHIBIT A
CALCULATIONS & COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT
FY 2012/13 Adopted Appropriations Limit
Adjustment Factor 1.05771744
FY 2013/14 Appropriations Limit
FY 2013/14 Appropriations Limit
FY 2013/14 Appropriations Subject To Limit
FY 2013/14 Appropriations Limit Margin
$14,533,234
$15,372,055
$15,372,055
31,070
$15,340,985
FY 2013/14 Appropriations Limit Margin, As a Percent of Limit 99.80%
FY 2013/14 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 06 -2 (STADIUM LOFTS)
EXHIBIT B
ADJUSTMENT FACTORS
POPULATION - Selected Factor: City Population Growth
Population count provided by the
State Finance Department 346,144
Population percent change pursuant
to Sections 2227 and 2228 of the
Revenue and Taxation Code 0.62%
PRICE FACTOR - Selected Factor:
California Per Capita Personal 5.12%
Income Growth
POPULATION AND PRICE FACTOR
CONVERTED TO AN ADJUSTMENT FACTOR
A) Population: Converted to a factor 1.0062
B) Price Factor: Converted to a factor 1.0512
Ratio of change: A x B = 1.05771744
FY 2013/14 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 06-2 (STADIUM LOFTS)
EXHIBIT C
APPROPRIATIONS SUBJECT TO LIMIT CALCULATION
Total All Revenues $605,600
Reduce by Non - Proceeds of Taxes 0 $605,600
Add User Fees in Excess of Costs 0 605,600
Add User Fees in Replacement of Taxes 0 605,600
Subtract Debt Service Appropriations 574,530 $31,070
Total All Appropriations $605,600
Reduce by Non - Proceeds of Taxes 0 $605,600
Subtract Debt Service Appropriations 574,530 31,070
Appropriations Subject to Limit $31,070
FY 2013/14 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 06-2 (STADIUM LOFTS)
EXHIBIT D
PROCEEDS OF TAXES CALCULATION
Taxes
State Subventions
Service Charges
Permit Fees
Fines and Forfeitures
Rentals
Sales
Refunds and Reimbursements
Internal Service Charges
Federal and County Subventions
Contributions
Subtotal
Interest
Total
PROCEEDS NON - PROCEEDS
OF TAXES OF TAXES TOTAL
$605,600
0
$605,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$605,600
$0
$605,600
0
0
0
$605,600 $0 $605,600