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93-116 RESOLUTION NO. 93R-116 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE COMMUNITY FACILITIES DISTRICT NO. 1989-2 (THE HIGHLANDS) ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1993/94. 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 1993/94 is calculated by adjusting the 1992/93 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 G; 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 1993/94. 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 1993/94 be established in the amount of $130,028,621.00. 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 1993/94 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 1993/94 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 22nd day of June ~YORo~~EIM ATTEST: CITY CLE~ OF THE CITY OF ANAHEIM 1848.1\EEGAN\June 2, 1993 2 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 93R-116 was introduced and adopted at a regular meeting provided by law, of the Anaheim City Council held on the 22nd day of June, 1993, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Feldhaus, Hunter, Pickler, Simpson, Daly NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Resolution No. 93R-116 on the 23rd day of June, 1993. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 23rd day of June, 1993. CITY CLERK OF THE CiTY OF ANAHEIM (SEAL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 93R-116 was duly passed and adopted by the City Council of the City of Anaheim on June 22, 1993. CITY CLERK OF THE CITY OF ANAHEIM EXHIBIT A 1993/94 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-2 (THE HIGHLANDS) CALCULATIONS AND COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT FY 1992/93 Adopted Appropriations Limit $123,768,464 Adjustmept Factor 1.0506 FY 1993/94 Appropriations Limit $130,028,621 FY 1993/94 Appropriations Limit $130,028,621 t~l~' J3/94 Appropriations Subject To Limit 94,457 FY 1993/94 Appropriations Limit Mar9in $129,934,164 FY 1993/94 Appropriations Limit Margin, As a Percent of Limit 99.9% DATE: 01-Jun-93 EXHIBIT B 1993/94 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-2 THE HIGHLANDS) ADJUSTMENT FACTORS POPULATION - Selected Factor: City Population Growth Population count provided by the State Finance Department 285,477 Population percent change pursuant to Sections 2227 end 2228 of the Revenue and Taxation Code 2.28% ~11~' 'RICE FACTOR - Selected Fector: California Per Capita Personal 2.72% Income Growth POPULATION AND PRICE FACTOR CONVERTED TO AN ADJUSTMENT FACTOR Population: 2.28%, Converted to a factor 1.0228 Price Factor: 2.72%, Converted to a factor 1.0272 Ratio of change: 1.0228 X 1.0272 = 1.0506 ,, PAGE -1- EXHIBIT C 1993/94 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-2 (THE HIGHLANDS) APPROPRIATIQNS SUBJECT TO LIMIT CALCULATION Total Alt Revenues $1,025,837 Reduce by Non-Proceeds of Taxes 0 $1,025,837 Add User Fees in Excess of Costs 0 1,025,837 Add User Fees in Replacement of Taxes 0 1,025,837 ,.~I~ Subtract Debt Service Appropriations 931,380 94,457 ....................... ~.~ Total All Appropriations $1,025,837 Reduce by Non-Proceeds of Taxes 0 $1,025,837 Subtract Debt Service Appropriations 931,380 94,457 Appropriations Subject to Limit $94,457 EXHIBIT D 1993/94 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-2 (file HIGHLANDS) PROCEEDS OF TAXES CALCULATION PROCEEDS NON-PROCEEDS OF TAXES OF TAXES TOTAL Taxes $1,025,837 0, $1,025,837 State Subventions 0 0 0 Service Charges 0 0 0 Permit Fees 0 0 0 ~1~1~ Fines 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 end County Subventions 0 0 0 Contributions 0 0 0 Subtotal $1,025,837 $0 $1,025,837 Interest 0 0 0 Tot~,l $1,025,837 $0 $1,025,837