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RES-2008-097RESOLUTION NO. 2008- 097 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2008/09. 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 2008/09 is calculated by adjusting the 2007/08 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 2008/09. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the City of Anaheim appropriations limit for fiscal year 2008/09 be established in the amount of $737,294,546.00. 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 2008/09 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 2008/09 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 24th day of June 2008, by the following roll call vote: AYE S: Mayor Pringle, Council Members Hernandez, Sidhu, Galloway, Kring NOES: NONE ABSENT: NONE ABSTAIN: NONE ATTESTAO Ai'A dier& At A* CITY CLERK OF THE CITY OF ANAHEIM 69304.1 CITY OF A HEIM By MAYOR OF THE C Y ANAHEIM 2008/09 APPROPRIATIONS LIMIT CALCULATIONS AND COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT FY 2007/08 Adopted Appropriations Limit Adjustment Factor FY 2008/09 Appropriations Limit 1.05155607 EXHIBIT A FY 2008/09 Appropriations Limit FY 2008/09 Appropriations Subject To Limit FY 2008/09 Appropriations Limit Margin FY 2008/09 Appropriations Limit Margin, As a Percent of Limit $701,146,204 $737,294,546 $737,294,546 279,388,009 $457,906,537 62.11% POPULATION Selected Factor: City Population Growth Population count provided by the State Finance Department 346,823 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 1.0083 B) Cost of Living Calif. Per Cap Income, Converted to a factor 1.0429 Ratio of change: A X B 1.05155607 EXHIBIT B 2008/09 APPROPRIATIONS LIMIT ADJUSTMENT FACTORS 0.83% 4.29% Total All City Revenues $1,056,313,987 Reduce by Non Proceeds of Taxes 777,802,150 $278,511,837 Add User Fee Revenues in Excess of Costs 0 278,511,837 Add User Fees in Replacement of Taxes 7,114,828 285,626,665 Subtract Revenues Supporting Federal Mandates (FLSA) 250,291 285,376,374 Subtract Qualified Capital Projects 5,301,232 280,075,142 Subtract Debt Service Appropriations 687,133 $279,388,009 Total All Expenditure Appropriations $1,056,313,987 Reduce by Non Proceeds of Taxes 777,802,150 $278,511,837 Subtract Debt Service Appropriations 687,133 277,824,704 Subtract Revenues Supporting Federal Mandates (FLSA) 250,291 277,574,413 Subtract Qualified Capital Project Expenditures 5,301,232 272,273,181 Add User Fees in Excess of Costs 0 272,273,181 Add Expenditures for Functions Formerly Tax Supported 7,114,828 $279,388,009 EXHIBIT C 2008/09 APPROPRIATIONS LIMIT APPROPRIATIONS SUBJECT TO LIMIT CALCULATION Totals EXHIBIT D 2008/09 APPROPRIATIONS LIMIT PROCEEDS OF TAXES CALCULATION PROCEEDS NON- PROCEEDS OF TAXES OF TAXES TOTAL Taxes $241,684,757 $241,684,757 State Subventions 15,458,191 15,458,191 Service Charges 4,190,436 73,390,303 77,580,739 Permit Fees 15,658,216 15,658,216 Fines and Forfeitures 5,038,336 5,038,336 Rentals 39,684,988 39,684,988 Sales 15,629,906 399,934,622 415,564,528 Refunds and Reimbursements 43,235,200 43,235,200 Internal Service Charges 174,315,946 174,315,946 Federal and County Subventions 5,081,130 5,081,130 Contributions 3,251,625 3,251,625 Subtotal $276,963,290 $759,590,366 $1,036,553,656 Interest 1,548,547 18,211,784 19,760,331 Total All City Revenues $278,511,837 $777,802,150 $1,056,313,987 Use of (Contribution to) Fund Balances 103,957,547 Mello -Roos CFDs (Separate Limits) 3,410,321 Redevelopment Agency 85,041,554 Housing Authority 76,685,839 Grand Total 1,325,409,248