RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM, CALIFORNIA, ADOPTING THE ANNUAL
APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2024/25
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 2024/25 is calculated by adjusting the 2023/24 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 appropriations limit for fiscal year 2024/25.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the City of Anaheim appropriations limit for fiscal year 2024/25 be established in the amount of $1,320,492,488.
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 2024/25 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 2024/25 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 me an 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. ///
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THE FOREGOING RESOLUTION IS PASSED, APPROVED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ANAHEIM THIS EIGHTEENTH (18) DAY OF JUNE, 2024, BY THE FOLLOWING ROLL CALL VOTE:
AYES:
NOES:
ABSENT:
ABSTAIN:
CITY OF ANAHEIM
By: __________________________________
MAYOR OF THE CITY OF ANAHEIM
ATTEST:
___________________________________
CITY CLERK OF THE CITY OF ANAHEIM
152246
FY 2023/24 Adopted Appropriations Limit $1,270,675,674
Adjustment Factor 1.03920498
FY 2024/25 Appropriations Limit $1,320,492,488
FY 2024/25 Appropriations Limit $1,320,492,488
FY 2024/25 Appropriations Subject To Limit 583,999,369
FY 2024/25 Appropriations Limit Margin $736,493,119
FY 2024/25 Appropriations Limit Margin, As a Percent of Limit 55.77% FY 2024/25 APPROPRIATIONS LIMIT
CITY OF ANAHEIM
EXHIBIT A
CALCULATIONS AND COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT POPULATION - Selected Factor: City Population Growth
Population count provided by the
State Finance Department 340,160
Population percent change pursuant
to Sections 2227 and 2228 of the
Revenue and Taxation Code 0.29%
CHANGE IN COST OF LIVING -
Selected Factor: California Per Capita
Personal Income Growth 3.62%
POPULATION AND PRICE FACTOR
CONVERTED TO AN ADJUSTMENT FACTOR
A) Population - City, Converted to a factor 1.0029
B) Cost of Living - Calif. Per Cap Income,
Converted to a factor 1.0362
Ratio of change: A X B = 1.03920498
FY 2024/25 APPROPRIATIONS LIMIT
CITY OF ANAHEIM
EXHIBIT B
ADJUSTMENT FACTORS
Totals
Total All City Revenues $2,032,450,211
Reduce by Non-Proceeds of Taxes 1,462,221,356
$570,228,855
Add User Fee Revenues in Excess of Costs - 570,228,855 Add User Fees in Replacement of Taxes 29,236,775 599,465,630 Subtract Revenues Supporting
Federal Mandates (FLSA) 804,394 598,661,236 Subtract Qualified Capital Projects 14,661,867 583,999,369 Subtract Debt Service Appropriations - $583,999,369 Total Revenues Available for Expenditure Appropriation $2,032,450,211 Reduce by Non-Proceeds of Taxes 1,462,221,356 $570,228,855 Subtract Debt Service Appropriations - 570,228,855 Subtract Revenues Supporting
Federal Mandates (FLSA) 804,394 569,424,461 Subtract Qualified Capital Project
Expenditures 14,661,867
554,762,594
Add User Fees in Excess of Costs - 554,762,594 Add Expenditures for Functions
Formerly Tax Supported 29,236,775 $583,999,369
FY 2024/25 APPROPRIATIONS LIMIT
CITY OF ANAHEIM
EXHIBIT C
APPROPRIATIONS SUBJECT TO LIMIT CALCULATION
PROCEEDS NON-PROCEEDS
OF TAXES OF TAXES TOTAL
Taxes $515,134,413 $0 $515,134,413
State Subventions 34,882,791 - 34,882,791 Service Charges - 146,501,444 146,501,444 Permits and Fees 20,690,847 20,690,847
Fines and Forfeitures 4,950,011 4,950,011 Rentals 58,092,262 58,092,262
Sales 17,346,503 696,814,514 714,161,017 Refunds and Reimbursements 62,398,632 62,398,632 Internal Service Charges 409,216,242 409,216,242 Federal and County Subventions 31,861,340 31,861,340 Contributions 23,154,936 23,154,936
Subtotal $567, 363,707 $1,453,680,228 $2,021,043,935
Interest 2,865,148 8,541,128 11,406,276 Total All City Revenues $570,228,855 $1, 462,221,356 $2,032,450,211 Use of (Contribution to) Fund Balances 40,056,728
Mello-Roos CFDs (Separate Limits) 4,487,000
Successor to Redevelopment Agency 77,119,900
Housing Authority 155,877,297
Grand Total $2,309,991,136
CITY OF ANAHEIM
FY 2024/25 APPROPRIATIONS LIMIT
PROCEEDS OF TAXES CALCULATION
EXHIBIT D