Loading...
2020-06-17 City Council Item No. 11.4 First Reading Community Facilities District Levy Ordinances Regular MEETING - Additional Meeting MaterialsPUBLIC HEARING: FIRST READING –ORDERING LEVY AND COLLECTION OF SPECIAL TAXES FOR FISCAL YEAR 2020-21 FOR COMMUNITY FACILITIES DISTRICTS ROCHELLE CLAYTON DEPUTY CITY MANAGER JUNE 17, 2020 Discussion •EACH FISCAL YEAR, THE CITY PLACES CHARGES ON THE TAX ROLL FOR MULTIPLE COMMUNITY FACILITIES DISTRICTS (CFDS) LOCATED WITHIN THE CITY. THE SPECIAL TAXES COLLECTED FROM EACH OF THESE CFDS PAYS FOR THE ONGOING MAINTENANCE COSTS AUTHORIZED UNDER THE COMMUNITY FACILITIES ACT OF 1982. THE CFDS AND EXPECTED CHARGES FOR FISCAL YEAR 2020-21 ARE SUMMARIZED BELOW. District Name Parcels FY 2020-21 Levy CFD 2012-1 Audie Murphy Ranch 1,465 $1,285,880 CFD 2012-2 Hidden Hills 323 $168,356 CFD 2014-1 Town Center 9 $14,912 CFD 2014-2 Commerce Point 5 $8,382 CFD 2015-2 (28 Zones)Maintenance Services 1,530 $874,760 CFD 2017-1 Maintenance Services 277 $189,445 Total $2,541,765 Discussion (Cont.) •THE SERVICES, WHICH MAY BE FUNDED WITH PROCEEDS OF THE SPECIAL TAX INCLUDE: •ALL COSTS ATTRIBUTABLE TO MAINTAINING,SERVICING,CLEANING,REPAIRING AND/OR REPLACING LANDSCAPED AREAS IN PUBLIC STREET RIGHT-OF-WAY ’S,PUBLIC LANDSCAPING,PARKS ,OPEN SPACES AND OTHER SIMILAR LANDSCAPED AREAS OFFICIALLY DEDICATED FOR PUBLIC USE,STREET SWEEPING AND PAVEMENT MANAGEMENT,STREET LIGHTING AND TRAFFIC SIGNAL MAINTENANCE,GRAFFITI REMOVAL AND ABATEMENT,FLOOD AND STORM PROTECTION SERVICES AND THE OPERATION OF STORM DRAINAGE SYSTEMS. •IN ADDITION TO THE COSTS OF THE FORGOING SERVICES,PROCEEDS OF THE SPECIAL TAX MAY BE EXPENDED TO PAY ADMINISTRATIVE EXPENSES AND FOR THE COLLECTION OF RESERVE FUNDS. Discussion (Cont.) •THE CITY IS REQUIRED BY THE COUNTY OF RIVERSIDE TO PROVIDE A CERTIFIED ORDINANCE TO THE AUDITOR/CONTROLLER’S OFFICE EACH YEAR TO CONFIRM THE SPECIAL TAX LEVIES WITHIN EACH CFD FOR THE ANNUAL PROPERTY TAX ROLL. •THESE ORDINANCES ARE AMENDING THE PREVIOUS ORDINANCES BECAUSE SPECIAL TAXES WITH RESPECT TO THESE CFDS ARE BEING LEVIED ON AT LEAST ONE PARCEL WITHIN EACH CFD FOR THE FIRST TIME IN FISCAL YEAR 2020-21. BY CONTINUING TO ADMINISTER AND ENROLL THE SPECIAL TAXES FOR EACH OF THE CFDS, THE CITY IS ABLE TO CONTINUE TO PROVIDE THE MAINTENANCE AND SERVICES CURRENTLY OFFERED TO THE PROPERTIES LOCATED WITHIN EACH CFD. •AFTER THE SECOND READING AND ADOPTION OF THESE ORDINANCES THE CITY WILL BE ABLE TO ENROLL THE CFD SPECIAL TAXES TO THE RIVERSIDE COUNTY TAX ROLL FOR FY 2020-21. CFDs Location Map Fiscal Impact •THERE IS NO FISCAL IMPACT TO THE CITY’S GENERAL FUND. Recommended Action •FIRST READING AND ADOPTION OF ORDINANCES FOR FISCAL YEAR 2020-21 CFD SPECIAL TAX ENROLLMENTS. •SET THE 2ND READING AND ADOPTION OF ORDINANCES FOR FISCAL YEAR 2020-21 CFDTAXENROLLMENTSFORJULY1,2020. Questions?Thank You.