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RES-2015-204RESOLUTION NO. 2015-204 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2015/16 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 2015/16 is calculated by adjusting the 2014/15 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 2015/16. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the City of Anaheim appropriations limit for fiscal year 2015/16 be established in the amount of $895,944,613.00. 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 2015/16 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 2015/16 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 SIXTEENTH (16TH) DAY OF JUNE, 2015, BY THE FOLLOWING ROLL CALL VOTE: AYES: Mayor Tait and Council Members Kring, Murray, Brandman, and Vanderbilt NOES: None ABSENT: None ABSTAIN: None CITY OF ANAHEIM By: MAYOR OF THE CITY OF ANAHEIM ATTET: P"J'-Alc - CITY CLERK OF THE CITY OF ANAHEIM 109929 K FY 2015/16 APPROPRIATIONS LIMIT CITY OF ANAHEIM EXHIBIT A CALCULATIONS AND COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT FY 2014/15 Adopted Appropriations Limit Adjustment Factor FY 2015/16 Appropriations Limit FY 2015/16 Appropriations Limit FY 2015/16 Appropriations Subject To Limit FY 2015/16 Appropriations Limit Margin FY 2015/16 Appropriations Limit Margin, As a Percent of Limit 1.04733616 $855,450,854 $895,944,613 $895,944,613 336,505,023 $559,439,590 62.44 FY 2015/16 APPROPRIATIONS LIMIT CITY OF ANAHEIM EXHIBIT B ADJUSTMENT FACTORS POPULATION - Selected Factor: City Population Growth Population count provided by the State Finance Department Population percent change pursuant to Sections 2227 and 2228 of the Revenue and Taxation Code CHANGE IN COST OF LIVING - Selected Factor: California Per Capita Personal Income Growth POPULATION AND PRICE FACTOR CONVERTED TO AN ADJUSTMENT FACTOR A) Population - City, Converted to a factor B) Cost of Living - Calif. Per Cap Income, Converted to a factor 351,416 1.0088 1.0382 0.88% 3.82% Ratio of change: A X B = 1.04733616 FY 2015/16 APPROPRIATIONS LIMIT CITY OF ANAHEIM EXHIBIT C APPROPRIATIONS SUBJECT TO LIMIT CALCULATION Total Revenues Available for Expenditure Appropriation $1,240,633,534 Totals Total All City Revenues $1,240,633,534 $348,367,089 Reduce by Non -Proceeds of Taxes 892,266,445 $348,367,089 Add User Fee Revenues in Excess of Costs 0 348,367,089 Add User Fees in Replacement of Taxes 7,001,328 355,368,417 Subtract Revenues Supporting Federal Mandates (FLSA) 209,970 355,158,447 Subtract Qualified Capital Projects 17,952,224 337,206,223 Subtract Debt Service Appropriations 701,200 $336,505,023 Total Revenues Available for Expenditure Appropriation $1,240,633,534 Reduce by Non -Proceeds of Taxes 892,266,445 $348,367,089 Subtract Debt Service Appropriations 701,200 347,665,889 Subtract Revenues Supporting Federal Mandates (FLSA) 209,970 347,455,919 Subtract Qualified Capital Project Expenditures 17,952,224 329,503,695 Add User Fees in Excess of Costs 0 329,503,695 Add Expenditures for Functions Formerly Tax Supported 7,001,328 $336,505,023 Taxes State Subventions Service Charges Permits and Fees Fines and Forfeitures Rentals Sales Refunds and Reimbursements Internal Service Charges Federal and County Subventions Contributions Subtotal Interest Total All City Revenues Use of (Contribution to) Fund Balances Mello -Roos CFDs (Separate Limits) Successor to Redevelopment Agency Housing Authority Grand Total FY 2015/16 APPROPRIATIONS LIMIT CITY OF ANAHEIM EXHIBIT D PROCEEDS OF TAXES CALCULATION PROCEEDS NON -PROCEEDS OF TAXES OF TAXES TOTAL $315,522,699 $0 $315,522,699 13,654,328 0 13,654,328 2,582,583 75,408,716 77,991,299 19,364,368 19,364,368 4,696,030 4,696,030 36,248,298 36,248,298 16,557,271 464,843,544 481,400,815 45,884,846 45,884,846 217,403,189 217,403,189 23,449,179 23,449,179 431,583 431,583 $348,316,881 $887,729,753 $1,236,046,634 50,208 4,536,692 4,586,900 $348,367,089 $892,266,445 $1,240,633,534 279,622,286 2,394,728 48,107,127 86,226,367 $1,656,984,042