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2005-114RESOLUTION N0.2005- ~ I4 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE COMMUNITY FACILITIES DISTRICT N0.1989-1 (SYCAMORE CANYON) 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 2005106 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.1989-1 (Sycamore Canyon) appropriations limit for fiscal year 2005106. 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 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 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 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 ~tt~ay 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 MAYOR OF THE F ANAHEIM ATTE T: ITY CLE OF THE CITY OF ANAHEIM 26736.8 2 EXHIBIT A 2005106 APPROPR1AT10NS LIMIT COMMUNITY FACILITIES DISTRICT N0.1989-1 (SYCAMORE CANYON} CALCULATIONS d~ COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT FY 2004105 Adapted Appropriations Limit Adjustrncnt Factor 1.05859982 FY 2005106 Appropriations limit F1' 2005106 Appropriations Lirrtit FY 2005106 Appropriations Subject To Limit FY 2005106 Appropriations Gmit Margin FY 2005106 Appropriationa Limit Margin, As a Percent of Limit $221,184,372 5234,145,736 5234,145,736 51,244 5234,094,492 99.9896 EXHIBIT B 2005106 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT N0.1989-1 (SYCAMORE CANYON) ADJUSTMENT FACTORS POPULATION - Sekcted Fac • City P~utah Population count provided by the State Finance Department 345,317 Polxtlation percent change purswot to Sections 2227 and 2228 of the Rerenuc and Tpxation Codc PR[CE FACTOR -Selected Factor ,California Per Capita Personal Gtcotrte (7rowth POPUTATI01~ AND PRICE FACTOR CONVERTED TO AN ADNSTMENT FAr7'w7R A) Population: Convertod to a facto l .0057 B) Price Factor: Catverted to a factor t .0526 0.5796 5.2b9~b Ratio of change: A x B = 1.05659982 EXHIBIT C 2005!06 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT N0.1989.1(SYCAMORECANYON} APPROPRIATIONS SUBJECT TO L11VHT CALCULATION Total All Revenues S542,994 Reduce byNon-Proceeds of Taxes 0 $542,994 Add User Fees in Excess of Costs 0 542,994 Add Usa Fees'in Replacerrtait d' Taxes 0 542,994 Subtract Debt Service Appropriations 491,750 551,244 Total All Appropriations 5542,994 Reduce byNon-Proceeds of Taxes 0 5542,944 Subtract Debt Service Appropriations 491,750 51,144 Appropriations Subject to Limit 551,244 EXHIBIT D 2005196 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT N0.1989.1(SYCAMORE CANYON) 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 Subtotal Ittter~est Total PROCEEDS NON-PROCEEDS OF TAXES OF TAXES TOTAL 5542,994 0 5542,994 a 0 0 0 0 0 0 0 0 a 0 0 O 0 0 o a o a 0 0 0 0 0 a 0 0 0 0 a 5542,994 So Ss42,994 o a 0 SS42,994 SO 5542,994