RES-2021-064RESOLUTION NO. 2 0 21- 0 6 4
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
2021/22.
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 2021/22 is calculated by adjusting the 2020/21 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 2021/22.
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
2021/22 be established in the amount of $760,339,610.00.
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 2021/22 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 2021/22 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 TWENTY-SECOND (22) DAY OF
JUNE, 2021, BY THE FOLLOWING ROLL CALL VOTE:
AYES: Mayor Sidhu and Council Members Faessel, Diaz,
Brandman, Valencia, and O'Neil
NOES: None
ABSENT: None
ABSTAIN: Council Member Moreno
CIT
(� ATTEST: \
CITY CLE OF THE CITY OF ANAHEIM
142669
VA
FY 2021/22 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 08-1 (PLATINUM TRIANGLE)
EXHIBIT A
CALCULATIONS & COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT
FY 20/21 Adopted Appropriations Limit $726,470,627
Adjustment Factor 1.04662127
FY 2021/22 Appropriations Limit $760,339,610
FY 2021/22 Appropriations Limit $760,339,610
FY 2021/22 Appropriations Subject To Limit 424,895
FY 2021/22 Appropriations Limit Margin
$759,914,715
FY 2021/22 Appropriations Limit Margin, As a Percent of Limit 99.94%
FY 2021/22 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 08-1 (PLATINUM TRIANGLE)
EXHIBIT B
ADJUSTMENT FACTORS
ImIMIU1112,11114m, ism,!
Population count provided by the
State Finance Department 353,468
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 0.9899
B) Price Factor: Converted to a factor 1.0573
-1.01%
5.73%
Ratio of change: A x B = 1.04662127
FY 2021,/22 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 084 (PLATINUM TRIANGLE)
EXHIBIT C
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
Total Revenues Available for Expenditure Appropriation
Reduce by Non -Proceeds of Taxes
Subtract Debt Service Appropriations
Appropriations Subject to Limit
$2,914,695
0
C
I
2,489,800
$2,914,695
0
2,489,800
$2,914,695
2,914,695
2,914,695
$424,895
$2,914,695
424,895
$424,895
FY 2021,/22 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT NO. 08-1 (PLATINUM TRIANGLE)
EXHIBIT D
PROCEEDS OF TAXES CALCULATION
PROCEEDS
NON -PROCEEDS
OF TAXES
OF TAXES
TOTAL
Taxes
$2,904,695
$0
$2,904,695
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
$2,904,695
$0
$2,904,695
Interest
10,000
0
10,000
Total Revenues
$2,914,695
$0
$2,914,695
Use of (Contribution to) Fund Balances
0
Grand Total
$2,914,695
CLERK'S CERTIFICATE
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, THERESA BASS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the
original Resolution No. 2021-064 adopted at a regular meeting provided by law, of the Anaheim
City Council held on the 22nd day of June. 2021 by the following vote of the members thereof:
AYES: Mayor Sidhu and Council Members Faessel, Diaz, Brandman, Valencia, and O'Neil
NOES: None
ABSTAIN: Council Member Moreno
ABSENT: None
IN WITNESS WHEREOF, I have hereunto set my hand this 23rd day of June. 2021.
LE0K OF THE CITY OF ANAHEIM
(SEAL)