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RES-2006-134RESOLUTION N0.2006- 1.34 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE COIVIlVIUNTTY FACILITIES DISTRICT NO. 1989-2 (THE HIGHLANDS) ANNUAL APPROPRIATIONS LIlVIIT 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. 1989-2 ('The Highlands) appropriations limit for fiscal year 2006/07. 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 2006/07 be established in the amount of $243,856,059.00. BE TT FURTHER RESOLVED that the Ciry 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 IT FURTIiER 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 FURTHER RESOLVED that said appropriations limit herein established maybe 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 20thday of ~'une , 2006, by the following roll call vote: AYES: Mayor Pringle, Council Members Sidhu, gernaadez, Galloway, Chavez NOES: None ABSENT: Nose ABSTAIN: . ~Noae CITY OF By MAYOR OF THE ANAHEIM ATTEST: CTfY 26737.9 2 EJ~1T A COMMUNITY FACIIdTIES DISTRICT N0.19S9-S (1~ ffiGHI.ANDS) CALCULATIONS & COMPARISON OF APPROPRIATIONS SUBJECT TO LDiIIT FY 2005/06 Adopted Appropriations Limit Adjustment Factor 1.04147128 PY 2006/07 Appropriations Limit FY 2006/07 Appropriations Limit FY 2006/07 Appropriations Subject To Limit PY 2006/07 Appropriations Limit Margin FY 2006/07 Appropriations Limit Margin, As a Percent of Limit $234,145,736 $243,856,059 E243,856,059 52,249 $243,803,810 99.98% EIi1i~TT B 200N07 APPROPRIATIONS LIIISTT COMMUNITY FACHd1~S DISTRICT NO.1989-Z (THE HIGHLANDS) ADJUSTMENT FACTORS Population count provided by the State Finance Department Population percent change pursuant to Sections 2227 and 2228 of the Revenue and Taxation Code California Per Capita Personal Income Growth POPULATION AND PRICE FACTOR CONVBRTSD TO AN ADIUSTMENT FACTOR 342,410 A) Population: Converted to a factor 1.0018 B) Price Factor: Converted to a factor 1.0396 0.1896 3.9696 Ratio of change: A x B = 1.04147128 E7®1T C 2006/07 APPROPRIATIONS LIIISTP COMMUNITY FACII.TiPII+~S DL4TRICT NO.1989-2 (TIiE HIGHI.ANDS) APPROPRIATIONS SUBJECT TO LIIYII'P CALCULATION Total All Revenues $934,524 Reduce by Non-1roceeds of Taxes 0 $934,524 Add User Pees in Excess of Costs 0 934,524 Add User Fees iu Replacement of Taxes 0 934,524 Subtract Debt Service Appropriations 882,275 $52,249 Total All Appropriations S934,524 Reduce by Non-Proceeds of Taxes 0 $934,524 Subtract Debt Service Appropriations 882,275 52,249 Appnapriatioua Subject to Limit $52,249 E7133181T D 2006A17 APPROPRIATIONS LIIYIIT COMhIUN11'Y FACII.TI7ES DISTRICT N0.1989-2 (THE HIGHLANDS) PROCEEDS OF TARES CALCULATION PROCEEDS NON-PROCSSDS OF TAXES OF TAXES TOTAL Taxes $934.524 0 $934,524 State Subventions 0 0 0 Se~ee Charges 0 0 0 Permit Fees 0 0 0 Fiines 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 $934,524 $0 $934,524 Interest 0 0 0 Total $934,524 $0 $934524