2003-117RESOLUTION NO. 2003R-117
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ANAHEIM, CALIFORNIA,
ADOPTING THE COMMUNITY FACILITIES
DISTRICT NO. 1989-1 (SYCAMORE
CANYON) ANNUAL APPROPRIATIONS LIMIT
FOR THE FISCAL YEAR 2003/04.
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 2003/04 is
calculated by adjusting the 2002/03 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. 1989-1
(Sycamore Canyon) appropriations limit for fiscal year 2003/04.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Anaheim that the Community Facilities District No.
1989-1 (Sycamore Canyon) appropriations limit for fiscal year
2003/04 be established in the amount of $210,538,661.00.
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 2003/04 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 2003/04 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 thm~ Iday,,~
June , 2003.
MAYOR OF THE CIT;~OF~[NAHEIM
ATTEST:
CI~ CLERK/OF THE CITY OF ANAHEIM
26736.6
2
EXHIBIT A
2003/04 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 1989-1 (SYCAMORE CANYON)
CALCULATIONS & COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT
FY 2002/03 Adopted Appropriations Limit
Adjustment Factor
FY 2003/04 Appropriations Limit
1.03435410
FY 2003/04 Appropriations Limit
FY 2003/04 Appropriations Subject To Limit
FY 2003/04 Appropriations Limit Margin
FY 2003/04 Appropriations Limit Margin, As a Percent of Limit
$203,546,021
$210,538,661
$2t0,538,661
54,994
$210,483,667
99.97%
EXHIBIT B
2003/04 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 1989-1 (SYCAMORE CANYON)
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
337,440
1.10%
PRiCE FACTOR - Selected Factor:
California Per Capita Personal
Income Growth
2.31%
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 =
1.0110
1.0231
1.03435410
EXHIBIT C
2003/04 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 1989-1 (SYCAMORE CANYON)
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 Taxes
Subtract Debt Service Appropriations
$613,812
0
0
0
558,818
$613,812
613,812
613,812
$54,994
Total All Appropriations
Reduce by Non-Proceeds of Taxes
Subtract Debt Service Appropriations
Appropriations Subject to Limit
$613,812
0
558,818
$613,812
54,994
$54,994
EXHIBIT D
2003/04 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 1989-1 (SYCAMORE CANYON)
PROCEEDS OF TAXES CALCULATION
PROCEEDS NON-PROCEEDS
OF TAXES OF TAXES TOTAL
Taxes $613,812 0 $613,812
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 $6 l 3,812 $0 $613,8 l 2
Interest 0 0 0
Total $613,812 $0 $613,812
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. 2003R-117 was introduced and adopted at a regular meeting provided by law, of
the Anaheim City Council held on the 17th day of June, 2003, by the following vote of the
members thereof:
AYES:
MAYOR/COUNCIL MEMBERS: Pringle, Tait, Chavez, Hernandez, McCracken
NOES:
MAYOR/COUNCIL MEMBERS: None
ABSTAINED:
MAYOR/COUNCIL MEMBERS: None
ABSENT:
MAYOR/COUNCIL MEMBERS: None
~f'TY CLEI~K OF'THE CITY OF ANAHEIM
(SEAL)