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2005-115RESOLUTION N0.2005- I15 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE COMMUNITY FACILITIES DISTRICT N0.1989-2 (THE HIGHLANDS) ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2005/06. 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 2004/05 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.1989-2 (The Highlands) 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.1989-2 (The Highlands) 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 2005106 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 2005/06 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 followin roll call vote: g AYES; Mayor Pringle, Council Members Sidhu, Hernandez, Gallowa Chave Y~ z NOES: None ABSENT: None ABSTAIN: None CITY O NAHEIM By M OR OFT C OF ANAHEIM ATTEST: . ; ~, i4 I i _ TTY CLL~'R.K OF THE CITY OF ANAHEIM ?6737.8 2 EXHIBIT A 100511!6 APPROPRIATIONS LIMIT COMM[1NITY FACQ.ITIES DISTRICT N0.1989-2 (THE HIGHLANDS) CALCULATIONS & COMPARLSON OF APPROPRIATIONS SUBJECT TO LIMIT FY 2004105 Adopted Appropriations Limit 5211,184,371 Adjustment Factor 1.05859982 FY 1005106 Appropriations Limit 5234,145,736 FY ZOOSNb Appropriations Limit 5234,145,736 FY 2005106 Appropriations Subjoct To Limit 51,144 FY 1005/06 Appropriations Limit Margin 5234,094A91 FY 1005106 Appropriations Limit Margin, As a Percent of Limit gg,g846 EXHIBIT B 2005106 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT N0.1989.2 (THE HIGHLANDS) ADJUSTMENT FACTORS POPULATION -Selected Factor: Ci~ypgpulation Growth Population count provided by the State Finance Departrrrent 345,317 Population percent change pursuant to Sections 2227 and 2228 of the Revenue and Taxation Code PRICE FACTOR -Belated Factor: California Pa Capita Personal Income Growth POPULATION AND PRICE FACTOR CONVERTED TO AN ADJUSTMENT FACTOR A) Population: Converted to a factor 1.0057 B) Price Factor: Converted to:factor 1.0526 Ratio of change: A x B = a.s7~c 5.26Ya 1.05859982 EXHIBIT C 200SI06 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT N0.1989-1(THE HIGHLANDS) APPROPRIATIONS SUBJECT TO LIMIT CALCULATION Total All Revenues 5865,694 Reduce byNon-Procads of Taxes 0 5865,694 Add User Fees in Excess of Costs 0 865,694 Add Usa Fees in Replacement of Taxes 0 $65,694 Subtract Debt Service Appropriations 814,450 S51,244 Total All Appropriations 5865,694 Reduce byNon-Proceeds of Taxes 0 S865,694 Subtract Debt Service Appropriations 814,450 51,244 Appropriations Subjcct to Limit SS 1,244 EXHIBIT D 20@5106 APPROPRIATIONS LIMIT COMMUNITY RACILTfIES DISTRICT N0.1989.2 {THE HIGHLANDS) rROCEEDS OF TAXES CALCULATION PROCEEDS NON-PROCEEDS OF TAXES OF TAXES TOTAL T~ $865,694 0 5865,694 State Subventions 0 0 0 Serna ~8+~ 0 0 0 Permit Faa 0 0 0 Fines and Forfeitures 0 0 0 ~~~ 0 0 0 Sales 0 0 0 Refunds and Reimbursements 0 0 0 lntattai Service Charges 0 0 0 Federal and County Subventions 0 0 0 Contributions o 0 0 Subtotal 5865,694 50 5865,694 Interest 0 0 0 Total $865,694 $0 5865,694