RES-2007-102RESOLUTION NO. 2007- 102
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ANAHEIM, CALIFORNIA,
ADOPTING THE COMMUNITY FACILITIES
DISTRICT NO. 1989 -3 (THE SUMMIT) ANNUAL
APPROPRIATIONS LIMIT FOR THE FISCAL
YEAR 2007/08.
WHEREAS, the voters of California on November 6, 1977, added Article XIII B
to the State Constitution placing various (imitations 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 2007/08 is calculated by adjusting the 2006/07 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 -3
(The Summit) appropriations limit for fiscal year 2007/08.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Anaheim that the Community Facilities District No. 1989 -3 (The Summit) appropriations limit
for fiscal year 2007/08 be established in the amount of $256,747,963.00.
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 2007/08 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 2007/08 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 11U:day of ,T»nP 2007, by the following roll
call vote:
AYES: Mayor Pringle, Council Members Hernandez, Sidhu, Galloway, Kring
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
ATTEST:
By
CIT CLERK OF THE CIT ANAHEIM
26738.9
CITY OF HEIM
MAYOR OF THE C OF NAHEIM
2
2007/087 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 1989 -3 (THE SUMMIT)
CALCULATIONS COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT
FY 2006/07 Adopted Appropriations Limit
Adjustment Factor
FY 2007/08 Appropriations Limit
FY 2007/08 Appropriations Limit
FY 2007/08 Appropriations Subject To Limit
FY 2007/08 Appropriations Limit Margin
EXHIBIT A
1.05286686
FY 2007/08 Appropriations Limit Margin, As a Percent of Limit
$243,856,059
$256,747,963
$256,747,963
61,337
$256,686,626
99.98%
Population percent change pursuant
to Sections 2227 and 2228 of the
Revenue and Taxation Code
PRICE FACTOR Selected Factor:
POPULATION AND PRICE FACTOP
CONVERTED TO AN ADJUSTMENT FACTOR
A) Population: Converted to a factor
B) Price Factor: Converted to a factor
Ratio of change: A x B
EXHIBIT B
2007/087 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 1989 -3 (THE SUMMIT)
ADJUSTMENT FACTORS
POPULATION Selected Factor: City Population Growtt
Population count provided by the
State Finance Department 345,556
California Per Capita Personal 4.42%
Income Growth
1.0083
1.0442
0.83%
1.05286686
EXHIBIT C
2007/087 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 1989 -3 (THE SUMMIT)
APPROPRIATIONS SUBJECT TO LIMIT CALCULATION
Total All Revenues $912,887
Reduce by Non Proceeds of Taxes 0 $912,887
Add User Fees in Excess of Costs 0 912,887
Add User Fees in Replacement of Taxes 0 912,887
Subtract Debt Service Appropriations 851,550 $61,337
Total All Appropriations $912,887
Reduce by Non Proceeds of Taxes 0 $912,887
Subtract Debt Service Appropriations 851,550 61,337
Appropriations Subject to Limit $61,337
EXHIBIT D
2007/087 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 1989 -3 (THE SUMMIT)
PROCEEDS OF TAXES CALCULATION
PROCEEDS NON PROCEEDS
OF TAXES OF TAXES TOTAL
Taxes $912,887 0 $912,887
State Subventions 0 0 0
Service Charges 0 0 0
Permit Fees 0 0 0
Fines and Forfeitures 0 0 0
Rentals 0 0 0
Sales 0 0 0
Refunds and Reimbursements 0 0 0
Internal Service Charges 0 0 0
Federal and County Subventions 0 0 0
Contributions 0 0 0
Subtotal $912,887 $0 $912,887
Interest 0 0 0
Total $912,887 $0 $912,887