REQUEST FOR CITY COUNCIL ACTION
DATE: 06/05/2024
TO: Honorable Mayor and City Council Members
FROM: Finance Department
SUBJECT:
Title
RESOLUTION LEVYING SPECIAL TAXES TO BE COLLECTED DURING FISCAL YEAR 2025 FOR COMMUNITY FACILITIES DISTRICT NO. 2016-1 (PUBLIC SERVICES)
End
EXECUTIVE SUMMARY:
This staff report asks the City Council to adopt Resolution No. 2024-040. Adopting the recommended resolution will allow the City to levy and collect special taxes for Fiscal Year 2025. The Community Facilities District No. 2016-1 (Public Services) was formed in 2016 to finance the annual costs of police protection services (including but not limited to criminal justice services), fire protection and suppression services, and paramedic services.
RECOMMENDED ACTION:
Recommended action
That the City Council adopt Resolution No. 2024-040, levying special taxes to be collected during Fiscal Year 2025 to pay the annual cost of public services within Community Facilities District No. 2016-1 (Public Services).
Body
BACKGROUND & HISTORY:
The Community Facilities District No. 2016-1 (Public Services) was formed in 2016 to finance the annual costs of police protection services (including but not limited to criminal justice services), fire protection and suppression services, and paramedic services within the District.
ANALYSIS:
The City Council must levy special taxes for the payment of annual costs associated with police protection services (including but not limited to criminal justice services), fire protection and suppression services, and paramedic services in the area of the Community Facilities District No. 2016-1 (the "District"), pursuant to Section 53340 of the Government Code. Special taxes within the District are levied in an amount necessary to satisfy the Special Tax Requirement, as defined in the District's Rate and Method of Apportionment (the "RMA"). The special taxes levied will not exceed the authorized amounts provided in the RMA.
FINANCIAL ...
Click here for full text