RES-2018-073RESOLUTION NO. 2018-073
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM, CALIFORNIA, ADOPTING THE COMMUNITY
FACILITIES DISTRICT NO. 08-1 (PLATINUM TRIANGLE)
ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR
2018/19.
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 2018/19 is calculated by adjusting the 2017/18 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. 08-1 (Platinum
Triangle) appropriations limit for fiscal year 2018/19.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that
the Community Facilities District No. 08-1 (Platinum Triangle) appropriations limit for fiscal year
2018/19 be established in the amount of $671,962,637.00.
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 2018/19 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 2018/19 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 NINETEENTH (19) DAY OF
JUNE, 2018, BY THE FOLLOWING ROLL CALL VOTE:
AYES: Mayor Tait and Council Members Moreno, Murray, Vanderbilt,
Barnes, Kring, and Faessel
NOES: None
ABSENT: None
ABSTAIN: None
CITY OF ANAHEIM
By: 2& r1z
MAYOR OF THE CITY OF ANAHEIM
ATTEST -
AC CITY CLERK OF THE CITY OF ANAHEIM
128212
E
FY 2018/19 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 08-1 (PLATINUM TRIANGLE)
EXHIBIT A
CALCULATIONS & COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT
FY 2017/18 Adopted Appropriations Limit
Adjustment Factor 1.03835872
FY 2018/19 Appropriations Limit
FY 2018/19 Appropriations Limit
FY 2018/19 Appropriations Subject To Limit
FY 2018/19 Appropriations Limit Margin
FY 2018/19 Appropriations Limit Margin, As a Percent of Limit
$ 647,139,206
$671,962,637
$671,962,637
25,000
$671,937,637
100.00%
FY 2018/19 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 08-1 (PLATINUM TRIANGLE)
EXHIBIT B
ADJUSTMENT FACTORS
POPULATION - Selected Factor: Cid Population Growth
Population count provided by the
State Finance Department 357,067
Population percent change pursuant
to Sections 2227 and 2228 of the
Revenue and Taxation Code
PRICE FACTOR - Selected Factor:
California Per Capita Personal
Income Growth
POPULATION AND PRICE FACTOR
CONVERTED TO AN ADJUSTMENT FACTOR
A) Population: Converted to a factor 1.0016
B) Price Factor: Converted to a factor 1.0367
0.16%
3.67%
Ratio of change: A x B = 1.03835872
FY 2018/19 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 08-1 (PLATINUM TRIANGLE)
EXHIBIT C
APPROPRIATIONS SUBJECT TO LIMIT CALCULATION
Total All Revenues
$2,793,050
Reduce by Non -Proceeds of Taxes
0
$2,793,050
Add User Fees in Excess of Costs
0
2,793,050
Add User Fees in Replacement of Taxes
0
2,793,050
Subtract Debt Service Appropriations
2,768,050
$25,000
Total Revenues Available for Expenditure Appropriation
$2,793,050
Reduce by Non -Proceeds of Taxes
0
$2,793,050
Subtract Debt Service Appropriations
2,768,050
25,000
Appropriations Subject to Limit
$25,000
FY 2018/19 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 08-1 (PLATINUM TRIANGLE)
EXHIBIT D
PROCEEDS OF TAXES CALCULATION
Taxes
State Subventions
Service Charges
Permit Fees
Fines and Forfeitures
Rentals
Sales
Refunds and Reimbursements
Internal Service Charges
Federal and County Subventions
Contributions
S u btota I
Interest
Total Revenues
Use of (Contribution to) Fund Balances
Grand Total
PROCEEDS
OF TAXES
NON -PROCEEDS
OF TAXES
TOTAL
$2,783,050
$0
$2,783,050
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$2,783,050 $0 $2,783,050
10,000 0 10,000
$2,793,050 $0 $2,793,050
I
$2,793,050
CLERK'S CERTIFICATE
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, THERESA BASS, Acting City Clerk of the City of Anaheim, do hereby certify that the foregoing
is the original Resolution No. 2018-073 adopted at a regular meeting provided by law, of the
Anaheim City Council held on the 19T" day of June 2018 by the following vote of the members
thereof:
AYES: Mayor Tait and Council Members Moreno, Murray, Vanderbilt, Barnes,
Kring and Faessel
NOES: None
ABSTAIN: None
ABSENT: None
IN WITNESS WHEREOF, I have hereunto set my hand this 20th day of June, 2018.
ACTING CITY CLE K OF THE CITY OF ANAHEIM
(SEAL)