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RES-2023-046RESOLUTION NO. 2023-046 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2023/24 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 2023/24 is calculated by adjusting the 2022/23 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 2023/24. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the City of Anaheim appropriations limit for fiscal year 2023/24 be established in the amount of $1,270,675,674.00. 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 2023/24 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 2023/24 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 TWENTY-SEVENTH (27) DAY OF JUNE, 2023, BY THE FOLLOWING ROLL CALL VOTE: AYES: Mayor Aitken and Council Members Rubalcava, Diaz, Leon, Kurtz, Faessel and Meeks NOES: None ABSENT: None ABSTAIN: None CITY OF ANAHEIM By: MAYOR OF CITY OF ANAHEIM TE CITY CL RK OF THE CITY OF ANATMIM 149093 FY 2023/24 APPROPRIATIONS LIMIT CITY OF ANAHEIM EXHIBIT A CALCULATIONS AND COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT FY 2022/23 Adopted Appropriations Limit Adjustment Factor 1.02152764 FY 2023/24 Appropriations Limit FY 2023/24 Appropriations Limit FY 2023/24 Appropriations Subject To Limit FY 2023/24 Appropriations Limit Margin FY 2023/24 Appropriations Limit Margin, As a Percent of Limit $1,243,897,496 $1,270,675,674 $1,270,675,674 559,459,814 $711,215,860 55.97% FY 2023/24 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 328,580 0.9781 1.0444 -2.19% 4.44% Ratio of change: A X B = 1.02152764 FY 2023/24 APPROPRIATIONS LIMIT CITY OF ANAHEIM EXHIBIT C APPROPRIATIONS SUBJECT TO LIMIT CALCULATION Totals Total All City Revenues $1,818,739,969 Reduce by Non -Proceeds of Taxes 1,269,736,711 $549,003,258 Add User Fee Revenues in Excess of Costs 549,003,258 Add User Fees in Replacement of Taxes 22,755,581 571,758,839 Subtract Revenues Supporting Federal Mandates (FLSA) 588,000 571,170,839 Subtract Qualified Capital Projects 11,711,025 559,459,814 Subtract Debt Service Appropriations - $559,459,814 Total Revenues Available for Expenditure Appropriation $1,818,739,969 Reduce by Non -Proceeds of Taxes 1,269,736,711 $549,003,258 Subtract Debt Service Appropriations - 549,003,258 Subtract Revenues Supporting Federal Mandates (FLSA) 588,000 548,415,258 Subtract Qualified Capital Project Expenditures 11,711,025 536,704,233 Add User Fees in Excess of Costs 536,704,233 Add Expenditures for Functions Formerly Tax Supported 22,755,581 $559,459,814 FY 2023/24 APPROPRIATIONS LIMIT CITY OF ANAHEIM EXHIBIT D PROCEEDS OF TAXES CALCULATION PROCEEDS NON -PROCEEDS OF TAXES OF TAXES TOTAL Taxes $482,203,204 $0 $482,203,204 State Subventions 43,473,061 - 43,473,061 Service Charges 3,102,928 120,769,544 123,872,472 Permits and Fees 18,603,105 18,603,105 Fines and Forfeitures 4,736,475 4,736,475 Rentals 52,821,197 52,821,197 Sales 17,868,917 563,954,045 581,822,962 Refunds and Reimbursements 58,815,596 58,815,596 Internal Service Charges 370,227,814 370,227,814 Federal and County Subventions 33,500,545 33,500,545 Contributions 37,372,185 37,372,185 Subtotal $546,648,110 $1,260,800,506 $1,807,448,616 Interest 2,355,148 8,936,205 11,291,353 Total All City Revenues $549,003,258 $1,269,736,711 $1,818,739,969 Use of (Contribution to) Fund Balances 60,017,743 Mello -Roos CFDs (Separate Limits) 2,961,519 Successor to Redevelopment Agency 71,519,376 Housing Authority 150,566,757 Grand Total $2,103,805,364 CLERK'S CERTIFICATE STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, THERESA BASS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original Resolution No. 2023-046 adopted at a regular meeting provided by law, of the Anaheim City Council held on the 271 day of June. 2023 by the following vote of the members thereof: AYES: Mayor Aitken and Council Members Rubalcava, Diaz, Leon, Kurtz, Faessel and Meeks NOES: None ABSTAIN: None ABSENT: None IN WITNESS WHEREOF, I have hereunto set my hand this 281 day of June,,2023. CITY LERK OF THE CITY OF ANAHEIM (SEAL)