2005-116RESOLUTION N0.2005- l I.6
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ANAHEIM, CALIFORNIA,
ADOPTING THE COMMUNITY FACILITIES
DISTRICT N0.1989-3 (THE SUMMIT) ANNUAL
APPROPRIATIONS LIMIT FOR THE FISCAL
YEAR 2005106.
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 2005/06 is calculated by adjusting the 2004105 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 2005/06.
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 2005/06 be established in the amount of $234,145,736.00,
°~ 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 2005/06 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 Callfornla 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 2005106 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 14th day of June , 2005, by the following roll
call vote:
AYES; Mayor Pringle, Council Members Sidhu, Hernandez,. Galloway, Chavez
NOES; None
ABSENT: None
ABSTAIN; None
CITY OF AHEIM
By
MA OR OF THE CITY F AN4IHEIM
ATTEST:
l ~~
C TY CLER OF THE CITY OF ANAHEIM
26738.7
2
EXHIBIT A
200i/06 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT N0.1989-3 (THE SUMMIT)
CALCULATIONS & COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT
FY 2004105 Adoptsd Appropriations Limit
Adjustment Factor
FY 2005106 Appropriations Limit
FY 2005!06 Appropri:lions i:.imit
FY 2005106 Appropriations Subject Ta Limit
FY 2005146 Appropriations Umit Margin
1.05859982
FY 2005146 Appropriations Limit Margin, As a Percent of Limit
5221,184,372
5234,145,736
5234,245,736
58,994
5234,486,742
99.97Yo
EXHIBIT B
2005/06 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT N0.1989-3 (THE SUMMIT)
ADJUSTMENT FACTORS
POPULATION -Selected Factor City Population Growth
Population count provided by the
State Finance Department
Population penxnt change pursuant
to Suctions 2227 and 2228 of the
Revenue and Taxation Code
345,317
PRICE FACTOR -Selected Factor.
Cafifomia Pa Capita Personal
Income Growth
POPULATION AND PRICE FACTOR
CONVERTED Tn AN ADJUSTMENT FACTOR
A) Population: Converted to a factor 1.0457
B) Price Factor: Converted to a factor 1.0526
0.576
5.26°A
Ratio ofchange: A x B = 1.05859482
EXHIBIT C
200S/06 APPROPRIATIONS LIMIT
COMMUNITY FACiLTf1ES DISTRICT N0.1969-3 (THE SUMMI'!7
APPROPRIATIONS SUBJECT TO LIMIT CALCULATION
Tote! All Revenues x904,353
Reduce byNon-Proceeds of Taxes 0 5904,353
Add User Fas in Excess of Costs 0 904,353
Add User Fas in Replacement of Taxes 0 904,353
Subtract Debt Service Appropriations 845,359 558,994
Total All Appropriations 5904,353
Roduce byNon-Proceeds of Taxes 0 5904,353
Subtract Debt Service Appropriations 845,359 58,994
Appropriarions Subject to Limit ~g~994
EXHIBIT D
ZOOSI06 APPROPRIATIONS LIMIT
COMMUNITY FACILITIES DISTRICT N0.1989 3 (THE SUMMIT)
PROCEEDS OF TAXES CALCULATION
Taxes
State Subventions
Service Charges
Pamit Fees
Fines and Forfeitures
Rentals
Sales
Refunds and Reimbursements
Internal Service Charges
Federal and County Subventions
Contributions
Subtotal
Interest
Total
PROCEEDS NON-PROCEEDS
OF TAXES OF TAXES TOTAL
$904,353 0 S904,353
0 0 0
~ 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
a 0 a
0 0 0
0 0 0
S904,353 SO 5904,353
0 0 0
5904,353 S0 5904,353