RES-2009-108RESOLUTION NO. 2009- 108
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
2009/10.
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 2009/10 is calculated by adjusting the 2008/09 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
Exhi bits 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 2009/10.
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 2009/10 be established in the amount of $13.488,468.00.
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 2009/10 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 2009/10 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 Fl IRTHER 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 23rd day of June 2009, by the following roll call
vote:
AYES: Mayor Pringle, Council Members Hernandez, Sidhu, Galloway, Kring
NOES: NONE
ABSENT NONE
ABSTAIN: NONE
ATTEST
CITY CLERK OF THE CITY OF ANAHEIM
73218 1 /bgranato
CITY OF ANAHEIM
By
2
MAYOR OF THE CITY OF ANAHEIM
EXHIBIT A
2009/10 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 06 -2 (STADIUM LOFTS)
`,LCULATIONS COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT
1' 2008 /t't Adopted Appropriations Limn
Adjustment Factor
FY 2009 /1i Appropriations Lime
FY 2009/1 Appropriations Limn
FY 2009/1' Appropriations SuIm'ct'10 Limn
101525580
$13,285.782
$13,488,468
$13,488,468
34,500
FY 2009/10 Appropriations Lint Margin $13,453,968
FY 2009/11 Appropriations Limit Margin. As Percent of Limit 99 74%
2009/10 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 06 -2 (STADIUM LOFTS)
ADJUSTMENT FACTORS
POPULATION Selected Factor City Population Growth
Population count provided by the
State Finance Department 348,467
Populations percent change pursuant
to Sections 2227 and 2228 of the
Revenue and Taxation Code
PRICE FACTOR Selected Factor
California Per Capita Personal 0 62%
Income Growth
POPULATION AND PRICE FACI OR
CONVERTED 'F0 AN ADJUSTMENT FACTOR
EXHIBIT B
0.90%
A) Population Converted to a factor 1.0090
B) Price Factor Concerted to a factor 1.0062
Ratio of change A x B 1.01525580
EXHIBIT C
2009/10 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 06 -2 (STADIUM LOFTS)
APPROPRIATIONS SIIBJECT TO LIMIT CALCULATION
Total All Revenues $611.307
Reduce by lion- Proceeds of Taxes 0 $611,307
Add User 1-ees in Excess otCosu 0 611,307
Add User Tees in Replacement all axes 0 611,307
Subtract Ucht Service Appropriations 576,807 $34,500
Total All :Appropriations $611,307
Reduce by Non Proceeds of Taxes
Subtract Debt Service Appropriations
Appropriation s Sub !Amu
0
576,807
$61 1.307
34,500
$34,500
EXHIBIT D
2009/10 APPROPRIATIONS LIMIT
COMMI;NITI" FACILITIES DISTRICT NO. 06 -2 (STADIUM LOFTS)
PROCEEDS OF TAXES CALCULATION
PROCEEDS NON- PROCEEDS
OF TAXES OF TAXES TOTAL
taxes $602,307 0 $602,307
State Subv cnttons 0 0 0
Service Charges (i 0 0
Permit Feet 0 0 0
Fines and I ortenures 0 0 0
Rentals 0 0 0
Sales 0 0 0
Refunds and Reimbursements 0 0 0
Internal Service Charges 0 0 0
Federal al u County Subventions 0 0 0
Contributions 0 0 0
Subtotal $602.307 $0 $602,307
Interest 9,000 0 9,000
lo tal $611,307 $0 $611,307