Loading...
2002-125RESOLUTION NO. 2002R-125 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 2002/03. 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 2002/03 is calculated by adjusting the 2001/02 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 2002/03. 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 2002/03 be established in the amount of $203,546,021.00. 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 2002/03 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 2002/03 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 llth day of June , 2002. MAYOR OF T~E CITY ~F ANAHEIM ATTEST: CItY CLER~ OF 26738.4 ~hE CITY OF ANAHEIM 2 EXHIBIT A 2002/03 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-3 (THE SUMMIT) CALCULATIONS & COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT FY 2001/02 Adopted Appropriations Limit Adjustment Factor FY 2002/03 Appropriations Limit 1.00062855 FY 2002/03 Appropriations Limit FY 2002/03 Appropriations Subject To Limit FY 2002/03 Appropriations Limit Margin FY 2002/03 Appropriations Limit Margin, As a Percent of Limit $203,418,162 $203,546,021 $203,546,021 62,584 $203,483,437 99.97% EXHIBIT B 2002/03 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-3 (THE SUMMIT) 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 334,666 1.35% PRICE FACTOR - Selected Factor: California Per Capita Personal Income Growth -1.27% POPULATION AND PRICE FACTOR CONVERTED TO AN ADJUSTMENT FACTOR A) Population: Converted to a factor B) Price Factor: Converted to a factor Ratio of change: A x B = 1.0135 0.9873 1.00062855 EXHIBIT C 2002/03 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-3 (TItE SUMMIT) APPROPRIATIONS SUBJECT TO LIMIT CALCULATION Total All Revenues Reduce by Non-Proceeds of Taxes Add User Fees in Excess of Costs Add User Fees in Replacement of Tax, Subtract Debt Service Appropriations $913,340 0 0 0 850,756 $913,340 913,340 913,340 $62,584 Total All Appropriations Reduce by Non-Proceeds of Taxes Subtract Debt Service Appropriations Appropriations Subject to Limit $913,340 0 850,756 $913,340 62,584 $62,584 EXHIBIT D 2002/03 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-3 (THE SUMMIT) PROCEEDS OF TAXES CALCULATION PROCEEDS NON-PROCEEDS OF TAXES OF TAXES TOTAL Taxes $913,340 0 $913,340 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 $913,340 $0 $913,340 Interest 0 0 0 Total $913,340 $0 $913,340 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, SHERYLL SCHROEDER, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 2002R-125 was introduced and adopted at a regular meeting provided by law, of the Anaheim City Council held on the 11th day of June, 2002, by the following vote of the members thereof: AYES: MAYOR/COUNCIL MEMBERS: Feldhaus, Tait, Kring, McCracken, Daly NOES: MAYOR/COUNCIL MEMBERS: None ABSTAINED: MAYOR/COUNCIL MEMBERS: None ABSENT: MAYOR/COUNCIL MEMBERS: None F THE CITY OF ANAHEIM (SEAL)