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RES-2006-133RESOLUTION N0.2006- 133. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE COI~EVIUNITY FACILITIES DISTRICT NO. 1989-1 (SYCAMORE CANYON) ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2006/07. 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 2006/07 is calculated by adjusting the 2005/06 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 2006/07. NOW, THEREFORE, BE TT 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 2006/07 be established in the amount of $243,856,059.00. BE TT 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 2006/07 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 1T FURTF~R 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 2006/07 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 FURTI~R RESOLVED that said appropriations Iimit 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 Ciry of Anaheim this 20th day of June , 2006, by the following roll call vote: AYES: Mayor Pringle, Council Members Sidhu, Hernaadez,~ G~1laway, Chavez NOES: ~Noae ABSENT' Noae ABSTAIN: None CITY OF IM By MAYOR OF THE C O ANAHEIM ATTEST 1, w ./o - ~~ CITY 2K O CITY 26736.9 2 EDIT A 2006J07 APPROPRIATIONS LIST CObIIYIUNITY FACIIdTB:S DISTRICT N0.1989-1 (SYCAMORE CANYON) CALCULATIONS & COMPARISON OF APPROPRIATIONS SUBJECT TO LD~T PY 2005/06 Adopted Appropriations Limit Adjustment Factor 1.04147128 FY 2006/07 Appropriations Limit FY 2006/07 Appropriations Limit FY 2006/07 Appropriations Subject To Limit FY 2006Jr17 Appropriations Limit Margin PY 2006J'07 Appropriations Limit Margin, As a Percent of Limit $234,145,736 $243,856,059 S243,856,059 (2) $243,856,061 100.0096 EJ~1T B 200610T APPROPRIATIONS LIMIT COMMUNITY FACIIdTIEB DISTRICT N0.19~-1(SYCAMORE CANYON) ADJUSTMENT FACTORS Population oouat prnvided by the State I§nance Department 342,410 Population percent change pursuant to Sections 2227 and 2228 of the Revenue and Taxation Code California Per Capita Personal Income Growth POPULATION AND FRICB FACTOR CONV~R'('~_ 't+p N i~it1CTMRNT FACTOR A) Population: Converted to a factor 1.0018 B) Price Factor: Converted to a factor 1.0396 0.18% 3.96% Ratio of change: A x B = 1.04147128 E71~1T C Z006J07 APPROPRIATIONS LII~II'P COMMUNITY FACIIdTIES DISTRICT N0.1989-1 (SYCAMORE CANYON) APPROPRIATIONS SUBJECT' TO L1M1T CALCULATION Total All Revenues $533,503 Reduce by Non-Proceeds of Taxes 0 5533,503 Add User Fees in 13xcess of Casts 0 533,503 Add User Pees in Replacement of Taxes 0 533,503 Subtract Debt Service Appropriations 533,505 (52) Total All Appropriations $533,503 Reduce by Non-Proceeds of Taxes 0 $533,503 SubtnuK Debt Service Appropriations 533,505 (2) Appropriations Subject to Limit $0 E7~IlT D 2006J07 APPROPRIATIONS LIIYIIT CONIIVIUNITY FACILITIES DISTRICT N0.1989-1 (SYCAMORE CANYON) PROCEEDS OF TAXES CALCULATION PROCBEDS NON-PROCEEDS OF TAXES OF TAXES TOTAL Taxes 5533,503 0 $533,503 State Subventions 0 0 0 Service Charges 0 0 0 Permit Fees 0 0 0 Fines and Porfeitnres 0 0 0 Rentals 0 0 0 Salea 0 0 0 Refunds and Reimb~usements 0 0 0 Internal Service Charges 0 0 0 Federal and County Subventions 0 0 0 Contributions 0 0 0 Subtotal 5533,503 50 5533,503 Interest 0 0 0 Total 5533,503 50 5533,503