FY 2425 2526 Recommended Operating Budget

Maintenance Services Division

Community Facilities District

230.8353

Division Description Community Facilities District (CFD) funds are derived from special property tax to support City maintenance services in identified areas. Revenues are collected by the County on property tax rolls and remitted to the City, less administrative fees. There is currently one CFD in the City with a total of 108 properties funding the assessment. Each property is assessed the same amount. The City manages the expenses of the CFD to maintain a positive fund balance and avoid, as long as possible, the need for tax increases. District maintenance is done exclusively by contract and includes vegetation management and replanting in the rehabilitated areas of Fisher Creek along Hale Avenue immediately adjacent to the Stonebridge development. The CFD ’ s activities in this area began in 2018. FY 2022 - 23 and 2023 - 24 Accomplishments • Provided landscape maintenance activities. • Completed contracts for biological and hydrological reporting. FY 2024 - 25 and 2025 - 26 Activity Goals • Monitor site maintenance and take corrective actions when needed. • Monitor fiscal condition of the fund and adjust special taxes accordingly. Financial Comments Services are provided through contract services and are paid by annual tax revenues from the property owners benefiting from the improvements. There is no impact to the City ’ s General Fund or other funds. In FY 2024 - 25 contract service costs will be reduced significantly from past years due to the required contractual monitoring of the Creek for the establishment period being completed. This will also result in a lower assessment to the District.

PUBLIC SERVICES 209