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RES-2009-106RESOLUTION NO. 2009- 106 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE COMMUNITY FACILITIES DISTRICT NO. 1989 -2 (THE HIGHLANDS) 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 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. 1989 -2 (The Highlands) 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. 1989 -2 (The Highlands) appropriations limit for fiscal year 2009/10 be established in the amount of $274,103,715.00. 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 Ft'RTHER RESOLVED that said appropriations limit herein established may he 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 day of June 2009, by the following roll call vote: AYES: Mayor Pringle, Council Members Hernandez, Sidhu, Galloway, Kring NOES: NONE ABSENT: NONE ABSTAIN: N ONE ATTEST: CITY CLERK OF THE CITY OF ANAHEIM 73215 1 /bgranato 2 CITY OF ANAHEIM By MAYOR OF THE CITY OF ANAHEIM 2009/10 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989 -2 (THE HIGHLANDS) CALCULATIONS COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT Fl 2008/09 ;ldopted Appropriations Limn Adjustment 1aetor FY 201)9/10 1ppropnations Limn Pt 21)09/10 \ppropriatrons Limit Fl 2009110 appropriations Subject "1`o Limit 1 t 2009!10 1ppropriations limit Mai inn EXHIBIT A 1 01525580 $269,984,879 $274.103,715 $274.103,715 346,880 $273,756,835 Ft 2069/1(1 tppropt limit Margin. As a Percent olLimit 99 .87% 2009/10 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989 -2 (THE HIGHLANDS) ADJUSTMENT FACTORS POPULATION Selected Factor Cite Population Growth Population count provided by the State Finance Department 348A67 Population percent change pursuant to Sections 2227 and 2228 of the Revenue and Taxation Code PRICE FACTOR Selected Factor California Pei Capita Personal 0.62% Income Grovr,h POPULATION AND PRICE FACT DR CONVERTED TO AN ADJUSTMENT FACTOR EXHIBIT B 0.90% At Population Converted to a factor 1 0090 B) Price Facn,r Convened to a tact or 1.0062 Ratio of change A s B 1.01525580 EXHIBIT C 2009/10 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989 -2 (THE HIGHLANDS) APPROPRIATIONS SUBJECT TO LIMIT CALCULATION Total All Re% enues $1.261.837 Reduce by Non Proceeds of Taxes 0 $1,261,837 Add User Fees in Excess of Costs 0 1,261,837 Add User Fees in Replacement of 1 axes 0 1,261.837 Subtract Debt Service Approprtatons 914,957 $346.880 Total All Appropriations Reduce ht ?ion- Proceeds of'taxes Subtract Debi Service Appropriations Appropriations Subject to Limit 81.261.837 0 914,957 $1,261,837 346,880 $346,880 EXHIBIT D 2009/10 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989 -2 (THE HIGHLANDS) PROCEEDS OF TAXES CALCULATION PROCEEDS NON- PROCEEDS (IF TAXES OF TAXES TOTAL I axes $1.250,837 0 $1,250.837 State SubWennons O 0 0 Service Charges 0 0 0 Permit Fees 0 0 0 Fines and For leitures 0 0 0 Rentals 1) 0 0 Sales i) 0 0 Refunds and Reimbursements 0 0 0 Internal Sell ire Charges 0 0 0 Federal and Counts Subventions 0 0 0 Contribution' 0 0 0 Subtotal 51250.837 $0 $1,250,837 Interest 11.000 0 11,000 Total 51,261.837 $0 $1,261.837