Maintenance Assessment District Community Workshop
|
|
- Marshall McGee
- 6 years ago
- Views:
Transcription
1 Maintenance Assessment District Community Workshop (1) SUMMERFIELD, (3) RIVER RIDGE, (9) STRAWBERRY FIELDS, (10) COUNTRY CLUB ESTATES, (11) ST. TROPEZ, (12) STANDARD PACIFIC, (13) LE VILLAGE, (14) CALIFORNIA COVE, (21) CYPRESS POINTE, (23) GREYSTONE, (24) VINEYARDS, (48) VICTORIA ESTATES, AND (53) HUFF COURT March 9, 2016
2 THREE CRITICAL BUILDING BLOCKS OF GOOD GOVERNMENT Oxnard 2020 Determining our Future Now 2
3 3
4 IMPLEMENTATION ACTION PLAN: ONE-YEAR PLAN Recommendation 5 of One Year Plan (Priority 1B): Prepare a comprehensive financial assessment of the Environmental Resources, Golf Fund, Performing Arts Center Fund, benefit assessment and Development impact fee funds. 4
5 BACKGROUND September 2014 Organizational Assessment determined that Maintenance Assessment Districts (MADs) required a comprehensive review due to deficits and surpluses accrued in various districts. October 27, 2015 City Council received presentation concerning the key findings and recommendations in the NBS report. Recommendations Included: District Boundary Audit completed December 15, 2015 Review and Update of Internal Goals and Policies completed Establishment of Landscape Maintenance Service Levels completed District Budget Audit preliminary findings January 13, 2016 District Levy Audit preliminary findings February 24,
6 BOUNDARY, BUDGET AND LEVY AUDITS For each of the Maintenance Assessment Districts, the following items were reviewed: Engineer s Reports Identified Authorized Improvements, approved rates, method to allocate costs City maintenance services provided Services contracted to be provided Maintenance items being provided vs. what is authorized to be maintained Actual utility invoices Additional invoices, receipts, credit card statements Allocation of City Staff costs for maintenance and administration Location of utility meters 2015/16 Tax Roll and assessment amounts From review of the above items, the following occurred: Revised budgets were created Compared 2015/16 parcels levied to district boundaries Calculated new 2015/16 maximum assessments and corresponding levies Identified any discrepancies 6
7 AUDIT FINDINGS Audit findings related to: LMD 1, LMD 3, LMD 9, LMD 10, LMD 11, LMD 12, LMD 13, LMD 14, LMD 21, LMD 23, LMD 24, LMD 48 and LMD 53 No parcels outside district boundaries are being levied Minimal number of parcels within boundary not levied LMD 3 1 parcel within boundary not levied ($162.86/year) LMD 9 1 parcel within boundary not levied ($55.82/year) LMD parcels within boundary not levied ($737.86/year) Districts levied at or less than the maximum Districts levied consistent with approved methodology Additional authorized improvements LMD 48 asphalt/sidewalks, medians on Patterson Rd and Gonzales Rd LMD 53 hardscape maintenance, mailbox enclosures Projected annual surplus (3 districts) LMD 3, LMD 14, LMD 48 Projected annual deficits (10 districts) LMD 1, LMD 9, LMD 10, LMD 11, LMD 12, LMD 13, LMD 21, LMD 23, LMD 24 and LMD 53 7
8 DEFINITIONS OF BUDGET ITEMS The following definitions describe the costs and expenses included in the district budgets: Prof Contracts: contract costs of a third party responsible for the ongoing maintenance of the district improvements. Additional Services: material or supplies related to the ongoing maintenance of the improvements. Utility: Electric and water utility costs required for the operation and maintenance of the improvements. Trash: includes the costs associated with the disposal of waste products from the district. Direct Costs: City staff time and labor related to the actual maintenance of the improvements for City maintained districts. Costs are spread based on square footage being maintained. Admin Costs: includes the costs to all particular departments and staff of the City for providing the administration, coordination and management of the Districts services; including the creation of the annual Engineer s Report, resolutions and placing the assessment amounts onto the County tax roll each year, along with responding to any public inquires. Costs are spread proportionately based on percentage of the budget costs for each district. Additional Authorized Improvements/Services: A $5,000 placeholder has been used until estimates are provided. County Fee: Administration and collection fees charged by the Ventura County Auditor- Controller and Tax Collector each year. The 2015/16 County Fees are $0.17 per assessment per parcel plus 0.25% of amount submitted. Contingency: 10% contingency in anticipation of any unforeseen expenses. 8
9 ANTICIPATED ANNUAL BUDGET AND SURPLUS / (DEFICIT) District Name Prof Contracts Add l Services Utility Trash Direct Costs Admin Add l Auth Costs Improvs County Fee Contingency Total Budget 2016/17 Maximum(1) Projected 2016/17 Surplus/Deficit LMD 1 (Summerfield) $0 $0 $4,078 $0 $27,837 $2,136 $0 $110 $3,416 $37,578 $13,007 ($24,571) LMD 3 (River Ridge) 33, , , ,448 70,926 84,036 13,110 LMD 9 (Strawberry Fields) 0 0 6, ,271 2, ,719 51,914 12,671 (39,243) LMD 10 (Country Club Estates) , ,471 3, ,179 67,973 23,919 (44,055) LMD 11 (St. Tropez) , ,589 1, ,389 26,276 6,990 (19,285) LMD 12 (Standard Pacific) 0 0 1, ,710 5, , ,232 22,394 (79,838) LMD 13 (Le Village) , ,150 5, ,457 93,023 18,045 (74,979) LMD 14 (California Cove) 14, , , ,255 24,800 36,693 11,893 LMD 21 (Cypress Pointe) , , (182) LMD 23 (Greystone) , ,111 5,588 (1,524) LMD 24 (Vineyards) 0 0 2, ,428 2, ,567 39,234 18,300 (20,934) LMD 48 (Victoria Estates) 24, , ,532 5, ,555 50, ,286 98,182 LMD 53 (Huff Court) , ,755 3,314 (3,441) (1) 2016/17 Maximum includes levy audit proposed corrections, and the 2016/17 Consumer Price Index for applicable districts. Pre-Proposition 218 Districts have no annual inflator and the rates have remained frozen at the 1996/97 levies; LMD 1, LMD 3, LMD 9, LMD 10, LMD 11, LMD 12, LMD 13, LMD 21, LMD 23, LMD 24. 9
10 DISTRICTS WITH DEFICITS Reduce Service Level Based on annual budgets and levy amounts, determine districts that should have a reduced level of service Reduce service level to align cost of services provided with revenue generated by assessments Increase Assessments Determine districts that need Proposition 218 increases Prioritize to address highest projected annual deficits first District Name Total Budget 2016/17 Maximum Projected 2016/17 Surplus/ Deficit 2016/17 Rates LMD 12 (Standard Pacific) $102,232 $22,394 ($79,838) $87.82/SFR LMD 13 (Le Village) 93,023 18,045 (74,979) /SFR LMD 10 (Country Club Estates) 67,973 23,919 (44,055) /SFR LMD 9 (Strawberry Fields) 51,914 12,671 (39,243) 55.82/SFR LMD 1 (Summerfield) 37,578 13,007 (24,571) 88.48/SFR LMD 24 (Vineyards) 39,234 18,300 (20,934) /SFR LMD 11 (St. Tropez) 26,276 6,990 (19,285) 84.22/SFR LMD 53 (Huff Court) 6,755 3,314 (3,441) /SFR LMD 23 (Greystone) 7,111 5,588 (1,524) 91.60/SFR LMD 21 (Cypress Pointe) 1, (182) 9.34/SFR 10
11 DISTRICTS WITH SURPLUSES Districts with projected annual surplus District Name Total Budget 2016/17 Maximum Projected 2016/17 Surplus/ Deficit 2016/17 Rates 11/30/2015 Fund Balance LMD 3 (River Ridge) $70,926 $84,036 $13,110 $162.86/SFR $129, LMD 14 (California Cove) 24,800 36,693 11, /SFR (9,417.65) LMD 48 (Victoria Estates)(1) 50, ,286 98, /SFR 473, (1) LMD /17 rates: $332.48/SFR, $1,252.15/acre lot 157 (3.58 acres) LMD 3 (River Ridge) and LMD 48 (Victoria Estates) Improvement replacement plan, surplus spending Establish appropriate reserve level Reduce annual levies to coincide with projected expenses LMD 14 (California Cove) Reduce annual levies to coincide with projected expenses. 11
12 NEXT STEPS Staffing of Special Districts Administrator position Directly or indirectly responsible to ensure City maintenance staff and contractors provide authorized services to appropriate service level standards Re-bid maintenance work for all districts using correct list of authorized improvements and A/B levels of service City to implement procedures to verify contractor s maintenance activities Monthly reporting, independent verification before payment of invoices Begin Annual Process for 2016/17 (budgets, Engineer s Reports) Reduce level of service to match available revenue or propose assessment increase Increase/Replacement Assessments Prioritization of Districts, largest projected annual deficit districts first Districts with Surpluses Improvement replacement plan, establish reserves, levy credits Continue community outreach efforts 12
13 QUESTIONS?
Maintenance Districts Budget Audit Preliminary Findings and Recommendations (West Village) January 20, 2016
Maintenance Districts Budget Audit Preliminary Findings and Recommendations (West Village) January 20, 2016 THREE CRITICAL BUILDING BLOCKS OF GOOD GOVERNMENT Oxnard 2020 Determining our Future Now Innovation(
More informationVERANDAH EAST & VERANDAH WEST COMMUNITY DEVELOPMENT DISTRICTS ADOPTED BUDGET FISCAL YEAR 2019 UPDATED JUNE 22, 2018
VERANDAH EAST & VERANDAH WEST COMMUNITY DEVELOPMENT DISTRICTS ADOPTED BUDGET FISCAL YEAR 2019 UPDATED JUNE 22, 2018 VERANDAH EAST & VERANDAH WEST COMMUNITY DEVELOPMENT DISTRICTS TABLE OF CONTENTS Description
More informationCFM Community Development District
CFM Community Development District www.cfmcdd.org Approved Proposed Budget for Fiscal Year 2018/2019 Presented by: Rizzetta & Company, Inc. 9530 Marketplace Road Suite 206 Fort Myers, Florida 33912 Phone:
More informationBROOKS OF BONITA SPRINGS & BROOKS OF BONITA SPRINGS II COMMUNITY DEVELOPMENT DISTRICTS ADOPTED BUDGET FISCAL YEAR 2019 UPDATED APRIL 13, 2018
BROOKS OF BONITA SPRINGS & BROOKS OF BONITA SPRINGS II COMMUNITY DEVELOPMENT DISTRICTS ADOPTED BUDGET FISCAL YEAR 2019 UPDATED APRIL 13, 2018 BROOKS OF BONITA SPRINGS & BROOKS OF BONITA SPRINGS II COMMUNITY
More informationCity of San Carlos Sewer Financial Plan & Rate Update
City of San Carlos Sewer Financial Plan & Rate Update Revised 06/13/16 1889 Alcatraz Avenue Berkeley, CA 94703 Tel: 510 653 3399 www.bartlewells.com June 13, 2016 City of San Carlos Department of Public
More informationCity of Los Angeles CALIFORNIA. ivt
City of Los Angeles CALIFORNIA HOLLY L. WOLCOTT CITY CLERK ivt SHANNON D. HOPPES EXECUTIVE OFFICER OFFICE OF THE CITY CLERK Neighborhood and Business Improvement District Division 200 N. Spring Street,
More informationCity of Los Angeles CALIFORNIA ERIC GARCETTI MAYOR
HOLLY L. WOLCOTT CITY CLERK ----- SHANNON D. HOPPES EXECUTIVE OFFICER City of Los Angeles CALIFORNIA OFFICE OF THE CITY CERK Neighborhood and Business Improvement District Division 200 N. Spring Street,
More informationCity College of San Francisco. Proposition A Special Parcel Tax. 2015/16 Annual Report
City College of San Francisco Proposition A Special Parcel Tax 2015/16 Annual Report Main Office 32605 Temecula Parkway, Suite 100 Temecula, CA 92592 Toll free: 800.676.7516 Fax: 951.296.1998 Regional
More informationSECOND AMENDED AND RESTATED RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX
SECOND AMENDED AND RESTATED RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX A Special Tax for the City of Moreno Valley Community Facilities District No. 2014-01 (Maintenance Services) (the CFD ) shall
More informationCITY OF LOS ANGELES CALIFORNIA ERIC GARCETTI MAYOR
HOLLY L. WOLCOTI CITY CLERK GREGORY R. ALLISON EXECUTIVE OFFICER CITY OF LOS ANGELES CALIFORNIA OFFICE OF THE CITY CLERK Neighborhood and Business Improvement District Division 200 N. Spring Street, Room
More informationNorthern Branch Jail Project
BUDGET & FULL-TIME EQUIVALENTS SUMMARY & BUDGET PROGRAMS CHART Operating $ 24,071,489 Capital $ - FTEs - Northern Branch Jail Team (General Services and Sheriff's Office) Northern Branch Jail Project (AB900)
More informationOF LOS ANGELES INTER-DEPARTMENTAL MEMORANDUM
OF LOS ANGELES INTER-DEPARTMENTAL MEMORANDUM Date: May 14, 2018 To: The Honorable City Council c/o City Clerk, Room 395, City Hall Attention: Honorable Mike Bonin, Chair, Transportation Committee From:
More informationMEADOW POINTE. Community Development District. Annual Operating Budget. Fiscal Year Version 3 - Final Budget (Adopted at August 1, 2013 meeting)
Version 3 - Final Budget (Adopted at August 1, 2013 meeting) Prepared by: Table of Contents Page # OPERATING BUDGET Summary of Revenues, Expenditures and Changes in Fund Balances.. 1-2 Exhibit A - Allocation
More informationCAPITAL IMPROVEMENTS ELEMENT
Goals, Objectives and Policies CAPITAL IMPROVEMENTS ELEMENT GOAL 9.1.: USE SOUND FISCAL POLICIES TO PROVIDE ADEQUATE PUBLIC FACILITIES TO ALL RESIDENTS WITHIN THE CITY. FISCAL POLICIES MUST PROTECT INVESTMENTS
More informationCORPORATION OF THE VILLAGE OF POINT EDWARD CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL STATEMENTS December 31, 2014 CONSOLIDATED FINANCIAL STATEMENTS December 31, 2014 TABLE OF CONTENTS Page Number MANAGEMENT'S REPORT 1 INDEPENDENT AUDITORS' REPORT 2-3 CONSOLIDATED
More informationTOWNSHIP OF HOWICK FINANCIAL STATEMENTS
TOWNSHIP OF HOWICK FINANCIAL STATEMENTS DECEMBER 31, 2012 VODDEN, BENDER & SEEBACH LLP Chartered Accountants Vodden, Bender & Seebach LLP Chartered Accountants P.O. Box 758 41 Ontario Street CLINTON, ONTARIO
More informationCITY COUNCIL. c-r. Agenda Item No.: Date : July 14, Honorable Mayor and Members of the City Council TO:
For City Clerk's Use: CITY COUNCIL APPROVED [] DENIED Reso No. File No. Ord No. TO: Honorable Mayor and Members of the City Council Agenda Item No.: Date : July 14, 2010 c-r FROM : Gilbert Rojas, Director
More informationCHAPTER 35 REIMBURSEMENT DISTRICTS FOR PUBLIC ROAD IMPROVEMENTS
CHAPTER 35 REIMBURSEMENT DISTRICTS FOR PUBLIC ROAD IMPROVEMENTS 35.005 Purpose. (1) The purpose of this chapter is to provide a process in which properties that benefit from the construction of road improvements
More informationRESOLUTION NO
RESOLUTION NO. 2016- A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SADDLE CREEK COMMUNITY SERVICES DISTRICT ADOPTING INTENDED BALLOT LANGUAGE, AND CALLING AND PROVIDING FOR A SPECIAL MAILED BALLOT ELECTION
More informationCity of Los Angeles OFFICE OF THE CALIFORNIA
HOLLY L. WOLCOTT CITY CLERK GREGORY R. ALLISON EXECUTIVE OFFICER City of Los Angeles OFFICE OF THE CALIFORNIA CITY CLERK NEIGHBORHOOD AND BUSINESS IMPROVEMENT DISTRICT (SPECIAL ASSESSMENTS SECTION) 200
More informationCatalina at Winkler Preserve Community Development District
Catalina at Winkler Preserve Community Development District www.catalinacdd.org Approved Proposed Fiscal Year 2018/2019 Presented by: Rizzetta & Company, Inc. 9530 Marketplace Road Suite 206 Fort Myers,
More informationContinuing Disclosure Annual Report. Fiscal Year Ended: June 30, 2013
Alameda Public Financing Authority Local Agency Refunding Revenue Bonds (Harbor Bay CFD And Marina Village AD) Series 2010A and Subordinate Series 2010B Continuing Disclosure Annual Report Fiscal Year
More informationPARKLANDS LEE COMMUNITY DEVELOPMENT DISTRICT ADOPTED BUDGET FISCAL YEAR 2018 PREPARED MAY 2, 2017
ADOPTED BUDGET FISCAL YEAR 2018 PREPARED MAY 2, 2017 TABLE OF CONTENTS Description General Fund Definitions of General Fund Expenditures Debt Service Fund - Series 2013 Bonds Debt Service Fund - Series
More informationREQUEST FOR PROPOSALS
PROVIDE ANNUAL ENGINEERING SERVICES FOR STOCKTON CONSOLIDATED LANDSCAPE MAINTENANCE ASSESSMENT DISTRICT NO. 96-2 AND CENTRAL STOCKTON LIGHTING MAINTENANCE ASSESSMENT DISTRICT OM 16-064 DUE DATE: Thursday,
More informationCORPORATION OF THE VILLAGE OF POINT EDWARD CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL STATEMENTS December 31, 2015 CONSOLIDATED FINANCIAL STATEMENTS December 31, 2015 TABLE OF CONTENTS Page Number MANAGEMENT'S REPORT 1 INDEPENDENT AUDITORS' REPORT 2-3 CONSOLIDATED
More informationPARKLANDS LEE COMMUNITY DEVELOPMENT DISTRICT ADOPTED BUDGET FISCAL YEAR 2019 UPDATED AUGUST 6, 2018
ADOPTED BUDGET FISCAL YEAR 2019 UPDATED AUGUST 6, 2018 TABLE OF CONTENTS Description General Fund Definitions of General Fund Expenditures Debt Service Fund - Series 2013 Bonds Debt Service Fund - Series
More informationCITY FUNDS & FUND ACCOUNTING TAB 19
CITY FUNDS & FUND ACCOUNTING TAB 19 This page intentionally left blank. Special Revenue Funds Special Revenue Funds are used to account for proceeds of specific revenue sources (other than major capital
More informationGreater Lakes/Sawgrass Bay Community Development District
Greater Lakes/Sawgrass Bay Community Development District http://glsbcdd.org Proposed Budget for Fiscal Year 2018/2019 Presented by: Rizzetta & Company, Inc. 8529 South Park Circle Suite 330 Orlando, Florida
More informationMemo. Hot Springs Village Property Owners Association Board of Directors Report
Hot Springs Village Property Owners Association Board of Directors Report Memo To: David Twiggs, COO From: Lesley Nalley, CFO LAN Date: April 15, 2015 Re: March 2015 Financial Report The March 2015 financial
More informationCITY OF LOS ANGELES. June 23, Honorable Members of the City Council City Hall, Room North Spring Street Los Angeles, California 90012
HOLLY L. WOLCOTT INTERIM CITY CLERK CITY OF LOS ANGELES CALI FORN IA OFF ICE OF CITY CLER K NEIG H BORHOOD AND BUSINESS IMPROVEMENT D I STR I CT DIVISION ROO M 224, 2 0 0 N. SPRIN G STREET LOS ANGE LES,
More informationDOWNTOWN LOS ANGELES PROPERTY OWNERS ASSOCIATION DBA LA FASHION DISTRICT BUSINESS IMPROVEMENT DISTRICT (A Non-profit Corporation) FINANCIAL STATEMENTS
(A Non-profit Corporation) FINANCIAL STATEMENTS TABLE OF CONTENTS Page INDEPENDENT ACCOUNTANTS' REVIEW REPORT 2 FINANCIAL STATEMENTS: Statements of Financial Position 3 Statements of Activities 4 Statements
More informationVenetian Community Development District. Financial Statements (Unaudited) October 31, 2014
Venetian Community Development District Financial Statements (Unaudited) October 31, 2014 Prepared by Rizzetta & Company, Inc. District Manager Balance Sheet As of 10/31/2014 (In Whole Numbers) General
More informationSECTION DESCRIPTION PAGE I. BUDGET INTRODUCTION... 1 II. FINAL OPERATING BUDGET... 2 III. GENERAL FUND 001 DESCRIPTIONS... 3
2018 SECTION DESCRIPTION PAGE I. BUDGET INTRODUCTION... 1 II. FINAL OPERATING BUDGET... 2 III. GENERAL FUND 001 DESCRIPTIONS... 3 IV. SCHEDULE OF ANNUAL ASSESSMENTS... 5 Background Information The Cypress
More informationCORPORATION OF THE TOWNSHIP OF ADELAIDE METCALFE. Financial Statements. December 31, 2015
CORPORATION OF THE TOWNSHIP OF ADELAIDE METCALFE Financial Statements December 31, 2015 Financial Statements Table of Contents PAGE Independent Auditors' Report 1 Statement of Financial Position 2 Statement
More informationCORPORATION OF THE TOWNSHIP OF ADELAIDE METCALFE. Financial Statements. December 31, 2016
CORPORATION OF THE TOWNSHIP OF ADELAIDE METCALFE Financial Statements December 31, 2016 Financial Statements Table of Contents PAGE Independent Auditors' Report 1 Statement of Financial Position 2 Statement
More informationAnnual Operating and Debt Service Budget
Version 2 - Approved Tentative Budget: (Approved at May 6, 2014 meeting) Prepared by: Table of Contents Page # OPERATING BUDGET General Fund 003 Summary of Revenues, Expenditures and Changes in Fund Balances..
More informationCITY OF SARATOGA WESTBROOK LANDSCAPING AND LIGHTING DISTRICT ANNEXATION TO LANDSCAPING & LIGHTING ASSESSMENT DISTRICT LLA- 1, ZONE 34
CITY OF SARATOGA WESTBROOK LANDSCAPING AND LIGHTING DISTRICT ANNEXATION TO LANDSCAPING & LIGHTING ASSESSMENT DISTRICT LLA- 1, ZONE 34 TABLE OF CONTENTS SECTION I. OVERVIEW...1 SECTION II. PLANS AND SPECIFICATION...3
More informationDOWNTOWN LOS ANGELES PROPERTY OWNERS ASSOCIATION. FINANCIAL STATEMENTS December 31, 2011 and 2010 And For The Years Then Ended
DOWNTOWN LOS ANGELES PROPERTY OWNERS ASSOCIATION FINANCIAL STATEMENTS And For The Years Then Ended Together with Independent Auditor s Report INDEX PAGE INDEPENDENT AUDITOR S REPORT 1 FINANCIAL STATEMENTS:
More informationFor and on behalf of the Director of Public Works of the City of Manteca
City of Manteca Community Facilities District No. 2015-2 (Crivello Estates) Special Tax Report June 2015 Prepared by For and on behalf of the Director of Public Works of the City of Manteca Main Office
More informationCity of Waterloo Financial Dashboard
City of Waterloo Financial Dashboard Result for Change from Result for On BMA Study? 2017 2016 2016 A. Overall Financial Position 1 Financial Position per Capita Positive improving Positive Yes 2 Financial
More informationHeather Hafer, Senior Management Analyst Kate Whan, Public Works Administrative Manager SAN PABLO SUBDIVISION LANDSCAPE & LIGHTING DISTRICT A-03
I-10 STAFF REPORT MEETING DATE: May 22, 2018 TO: City Council FROM: Heather Hafer, Senior Management Analyst Kate Whan, Public Works Administrative Manager 922 Machin Avenue Novato, CA 94945 (415) 899-8900
More informationORDINANCE NUMBER 1174
ORDINANCE NUMBER 1174 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PERRIS, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO.
More informationTAUSSIG. & Associates, Inc. LAGUNA BEACH UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT No DAVID
DAVID TAUSSIG & Associates, Inc. LAGUNA BEACH UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT No. 98-1 June 21, 2016 Public Finance Public Private Partnerships Urban Economics Newport Beach Riverside
More informationTSR Community Development District. Adopted Budget
Community Development District Adopted Budget FY 2019 Table of Contents 1-3 General Fund 4-13 General Fund Narrative 14 Debt Service Fund Series 2015 15-16 Amortization Schedule Series 2015 17 Debt Service
More informationHACKBERRY HIDDEN COVE PUBLIC IMPROVEMENT DISTRICT NO. 2 SERVICE AND ASSESSMENT PLAN (UTILITY IMPROVEMENTS)
HACKBERRY HIDDEN COVE PUBLIC IMPROVEMENT DISTRICT NO. 2 SERVICE AND ASSESSMENT PLAN (UTILITY IMPROVEMENTS) SEPTEMBER 15, 2009 HACKBERRY HIDDEN COVE PUBLIC IMPROVEMENT DISTRICT NO. 2 SERVICE AND ASSESSMENT
More informationFUNDAMENTALS OF MUNICIPAL REVENUE PROPERTY TAX BASICS. August 22, 2017 WHAT IS TAXED? WHO DOES THE WORK? WHAT IS THE TIMING?
FUNDAMENTALS OF MUNICIPAL REVENUE PROPERTY TAX BASICS August 22, 2017 WHAT IS TAXED? WHO DOES THE WORK? WHAT IS THE TIMING? 2 PROPERTY TAX BASICS THE PROCESS WHAT, WHO, AND WHEN 3 Proposition 13 California
More informationENROLLED ACT NO. 18, HOUSE OF REPRESENTATIVES SIXTY-FOURTH LEGISLATURE OF THE STATE OF WYOMING 2018 BUDGET SESSION
AN ACT relating to school finance; modifying the formula and payment structure for major maintenance funding for public K-12 schools; revising the definition of major maintenance; amending requirements
More informationVENTURA COUNTY WATERWORKS DISTRICTS Representing: Ventura County Waterworks Districts No. 1, 16, 17 & 19
VENTURA COUNTY WATERWORKS DISTRICTS Representing: Ventura County Waterworks Districts No. 1, 16, 17 & 19 Board of Ventura County Waterworks District No. 1 800 S. Victoria Avenue Ventura, CA 93009 Subject:
More informationPUBLIC HEARING ON FISCAL YEAR BUDGET
PUBLIC HEARING ON FISCAL YEAR 2016-17 BUDGET Presenter: Greg Nyhoff, City Manager June 21, 2016 KEY MILESTONES TO DATE MILESTONES DATE Council and Executive team held a priority setting workshop October
More informationCity Council Report 915 I Street, 1 st Floor Sacramento, CA
City Council Report 915 I Street, 1 st Floor Sacramento, CA 95814 www.cityofsacramento.org File ID: 2018-00386 May 22, 2018 Consent Item 05 Title: Fiscal Year (FY) 2018/19 Finance Districts under City
More informationCity of Los Angeles CALIFORNIA ERIC GARCETTI MAYOR
HOLLY L. WOLCOTT CITY CLERK ----- SHANNON D. HOPPES EXECUTIVE OFFICER City of Los Angeles CALIFORNIA OFFICE OF THE CITY CERK Neighborhood and Business Improvement District Division 200 N. Spring Street,
More informationRIVER RIDGE COMMUNITY DEVELOPMENT DISTRICT PROPOSED BUDGET FISCAL YEAR 2019 UPDATED MAY 15, 2018
PROPOSED BUDGET FISCAL YEAR 2019 UPDATED MAY 15, 2018 TABLE OF CONTENTS Description Page Number(s) General Fund 1-2 Definitions of General Fund Expenditures 3-5 Special Revenue Fund - Pelican Sound Program
More informationCITY OF MODESTO COMMUNITY FACILITIES DISTRICT NO (HETCH HETCHY) CFD REPORT
CITY OF MODESTO COMMUNITY FACILITIES DISTRICT NO. 2005-1 (HETCH HETCHY) CFD REPORT September 23, 2005 Goodwin Consulting Group, Inc. 555 University Avenue, Suite 280 Sacramento, California 95825 Phone
More informationCounty of Nevada APPLICATION FOR TAX CLEARANCE CERTIFICATE
Staff use only. Owner's Name Parcel Number Date Rec'd: APPLICATION FOR TAX CLEARANCE CERTIFICATION AND DISCLOSURE DOCUMENT $95.00 non-refundable processing fee. County of Nevada APPLICATION FOR TAX CLEARANCE
More informationBryan Whitemyer, City Manager
Reviewed Date: Approved: Meeting Date: Agenda Item: Bryan Whitemyer, City Manager June 6, 2011 Executive Summary Presented By: Bryan Whitemyer, City Manager Meeting Date: June 6, 2011 City Council Workshop
More informationSanta Ynez River Water Conservation District, ID No. 1. Water Rates & Finances. December 13, 2016
Santa Ynez River Water Conservation District, ID No. 1 Water Rates & Finances December 13, 2016 Presentation Overview Objectives & Process District Finances Current & Projected Rates 2 Rate Study Objectives
More informationUNIVERSITY SQUARE COMMUNITY DEVELOPMENT DISTRICT ADOPTED BUDGET FISCAL YEAR 2018 AUGUST 1, 2017
ADOPTED BUDGET FISCAL YEAR 2018 AUGUST 1, 2017 TABLE OF CONTENTS Description Page Number(s) General Fund 1 Definitions of General Fund Expenditures 2-3 Debt Service Fund - Series 2012 4 Amortization Schedule
More informationVision, Mission, Values and Critical Success Factors
Approved Budget Vision, Mission, Values and Critical Success Factors The City of Tallahassee, through workshops, surveys and commission retreats has developed the following vision, mission, and target
More informationPOWAY UNIFIED SCHOOL DISTRICT
POWAY UNIFIED SCHOOL DISTRICT ADMINISTRATION REPORT FISCAL YEAR 2017/2018 ZONE 2 OF COMMUNITY FACILITIES DISTRICT NO.11 June 29, 2017 PREPARED FOR: Poway Unified School District Planning Department 13626
More informationORDINANCE NUMBER 1104
ORDINANCE NUMBER 1104 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PERRIS ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2001-3 (NORTH PERRIS PUBLIC SAFETY) OF THE
More informationLong Lake Ranch Community Development District
Long Lake Ranch Community Development District Budget Proposal Packet for Fiscal Year 2016/2017 Presented by: Rizzetta & Company, Inc. Wesley Chapel Office 5844 Old Pasco Rd.; Suite 100 Wesley Chapel,
More informationCORPORATION OF THE TOWN OF SOUTH BRUCE PENINSULA CONSOLIDATED FINANCIAL REPORT DECEMBER 31, 2011
CONSOLIDATED FINANCIAL REPORT DECEMBER 31, 2011 DECEMBER 31, 2011 CONTENTS Independent Auditors' Report 1 Consolidated Statement of Financial Position 2 Consolidated Statement of Operations 3 Consolidated
More informationCITY OF ELK GROVE CITY COUNCIL STAFF REPORT
CITY OF ELK GROVE CITY COUNCIL STAFF REPORT AGENDA ITEM NO. 8.16 AGENDA TITLE: Adopt resolution authorizing the City Manager to execute a contract with NBS Government Finance Group to provide financing
More informationINTERIM DEPT. DIRECTOR: PUBLIC HEARING TO RECEIVE TESTIMONY REGARDING THE FY 2017/18 ENCINITAS LANDSCAPE AND LIGHTING DISTRICT
MEETING DATE: May 24, 2017 PREPARED BY: Christine Ruess, Sr. Management Analyst INTERIM DEPT. DIRECTOR: James G. Ross DEPARTMENT: Public Works CITY MANAGER: Karen P. Brust SUBJECT: PUBLIC HEARING TO RECEIVE
More informationORDINANCE NO WHEREAS, on September 14, 2004, the Board of Supervisors (the Board of
ORDINANCE NO. 834 AN ORDINANCE OF THE BOARD OF SUPERVISORS OF RIVERSIDE COUNTY, CALIFORNIA AUTHORIZING THE LEVY OF SPECIAL TAXES IN COMMUNITY FACILITIES DISTRICT NO. 04-2 (LAKE HILLS CREST) OF THE COUNTY
More informationSACRAMENTO AREA FLOOD CONTROL AGENCY. For the Fiscal Year Ended June 30, 2015
Independent Auditors Reports, Management's Discussion and Analysis, Basic Financial Statements, Required Supplementary Information and Other Reports For the Fiscal Year Ended June 30, 2015 For the Fiscal
More informationORDINANCE NUMBER 1107
ORDINANCE NUMBER 1107 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PERRIS ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2002-1 (WILLOWBROOK) OF THE CITY OF PERRIS
More informationTown of Hempstead Industrial Development Agency and Valley Stream Union Free School District 30
DIVISION OF LOCAL GOVERNMENT AND SCHOOL ACCOUNTABILITY REPORT OF EXAMINATION 2017M-233 Town of Hempstead Industrial Development Agency and Valley Stream Union Free School District 30 Green Acres Mall PILOT
More informationA4. Budget WBG LAC A4-1
A4. Budget Attachment 4 identifies and discusses the overall Proposal budget as well as the individual budgets for each of the seven projects proposed for implementation in the Santa Barbara County Region
More informationThe Corporation of Haldimand County. Consolidated Financial Statements
Consolidated Financial Statements December 31, 2016 Index to Consolidated Financial Statements December 31, 2016 Page INDEPENDENT AUDITORS' REPORT 2 CONSOLIDATED FINANCIAL STATEMENTS Management's Responsibility
More informationCommercial Tax Objectives and Options. January 2018 Bruce Fisher and Andre MacNeil (Finance)
Commercial Tax Objectives and Options January 2018 Bruce Fisher and Andre MacNeil (Finance) Outline Introduction What is and is not allowed under property tax law Four critical success factors: Hypothetical
More informationPark and Recreation Department Maintenance Assessment Districts Program UNDERSTANDING THE BUDGET
Park and Recreation Department Maintenance Assessment Districts Program UNDERSTANDING THE BUDGET This is an overview of how to read the Maintenance Assessment District (MAD) budget worksheet. Three fiscal
More informationGetting Growth to Pay for Growth. Growth is (still) coming...
Getting Growth to Pay for Growth Growth is (still) coming... Getting Growth to Pay for Growth Washington APA Conference Spokane, WA October 17, 2014 Context and use Definition and types How to calculate
More informationCITY OF REDDING, CALIFORNIA COUNCIL POLICY
COUNCIL 94 26 804 02 01 94 1 BACKGROUND In furtherance of the City Council's goals involving economic development and job creation, the City offers a number of financial incentives, either through its
More informationVillage of Caroline Consolidated Financial Statements For the year ended December 31, 2017
Consolidated Financial Statements For the year ended Consolidated Financial Statements For the year ended Contents Auditor's Report 1 Consolidated Financial Statements Consolidated Statement of Financial
More informationREQUEST FOR QUALIFICATIONS (RFQ) Central Valley Opportunity Center Winton Vocational Training Center Project Proposals Due: February 21, 2014
REQUEST FOR QUALIFICATIONS (RFQ) Central Valley Opportunity Center Winton Vocational Training Center Project Proposals Due: February 21, 2014 The Central Valley Opportunity Center ( CVOC ) is soliciting
More informationWATERCHASE. Community Development District. Annual Operating and Debt Service Budget. Fiscal Year 2015
WATERCHASE Version 2 - Approved Tentative Budget (approved at 5/13/14 meeting) Prepared by: WATERCHASE Table of Contents Page # OPERATING BUDGET General Fund Summary of Revenues, Expenditures and Changes
More informationDate of Issue: January 27, 2017 Closing Date & Time: 4:00 PM, March 3, 2017
Request for Qualifications For Planning Services: Gee Creek Plateau Sub Area Plan City of Ridgefield, Washington Date of Issue: January 27, 2017 Closing Date & Time: 4:00 PM, March 3, 2017 Project Overview:
More informationpresents: PLANNING FOR THE FUTURE INFORMATIONAL OVERVIEW DETAILS PROVIDED BY:
presents: PLANNING FOR THE FUTURE INFORMATIONAL OVERVIEW www.springcreekud.org DETAILS PROVIDED BY: SPRING CREEK UTILITY DISTRICT Development & Infrastructure About Spring Creek Utility District Spring
More informationSix Mile Creek Community Development District Approved Budget FY 2017
Six Mile Creek Community Development District Approved Budget FY 2017 5/10/16 Table of Contents 12 General Fund 36 General Fund Narrative 7 Debt Service Fund Series 2007 8 Debt Service Fund Series 2015
More informationMEASURE R GENERAL OBLIGATION BOND BUILDING FUND OF BANNING UNIFIED SCHOOL DISTRICT AUDIT REPORT For the Fiscal Year Ended June 30, 2011
MEASURE R GENERAL OBLIGATION BOND BUILDING FUND OF BANNING UNIFIED SCHOOL DISTRICT AUDIT REPORT For the Fiscal Year Ended June 30, 2011 MEASURE R GENERAL OBLIGATION BOND BUILDING FUND OF BANNING UNIFIED
More informationSUMMER VILLAGE OF SUNSET BEACH Consolidated Financial Statements Year Ended December 31, 2015
Consolidated Financial Statements Index to Consolidated Financial Statements INDEPENDENT AUDITOR'S REPORT 1 Page CONSOLIDATED FINANCIAL STATEMENTS Consolidated Statement of Financial Position 2 Consolidated
More informationAdopted Budget Fiscal Year Orchid Grove Community Development District
Adopted Budget Fiscal Year 2019 Orchid Grove Community Development District July 12, 2018 TABLE OF CONTENTS General Fund Budget Page 1 Narrative Page 2-5 Debt Service Fund Series 2013 Budget Page 6 Amortization
More informationUrban Orlando. Community Development District. Operating and Debt Service Budget. Fiscal Year Adopted Budget on August 18th, 2010.
Operating and Debt Service Budget Fiscal Year 2011 Adopted Budget on August 18th, 2010 Prepared by Table of Contents GENERAL FUND BUDGET Summary of Revenue & Expenditures Page 1-2 Budget Narrative Page
More informationLEGEND Bridges Parks Fire Stations Project Locations Libraries Schools A
LEGEND Bridges Parks Fire Stations Project Locations Libraries Schools A Aid to Construction Fund The Aid to Construction Fund (Water) are funds received from customers for requested water service and
More informationToronto & Region Conservation Authority (TRCA)
OPERATING ANALYST NOTES OPERATING PROGRAM SUMMARY Contents Toronto & Region Conservation Authority (TRCA) 2014 OPERATING BUDGET OVERVIEW What We Do TRCA protects, restores and celebrates the natural environment
More informationTalavera Community Development District
Talavera Community Development District for Presented by: Rizzetta & Company, Inc. Wesley Chapel Office 5844 Old Pasco Rd.; Suite 100 Wesley Chapel, FL 33544 813.994.1001 rizzetta.com General Fund REVENUES
More informationCITY OF MENIFEE REQUEST FOR PROPOSAL. Special District Administrative Services. City of Menifee. Proposals must be received by:
CITY OF MENIFEE REQUEST FOR PROPOSAL Special District Administrative Services City of Menifee Proposals must be received by: Terri Willoughby, Finance Director City of Menifee 29714 Haun Road Menifee,
More informationBoard of Directors as of June 30, 2018
McKinleyville, California Annual Financial Report For the Fiscal Year Ended Board of Directors as of Elected/ Current Name Title Appointed Term David Couch President Elected 09/2008-12/2018 George Wheeler
More informationBudget Planning
1 of 31 2014-15 Budget Planning San Dieguito Union High School District Board Workshop District Office Board Room, 4:45 p.m. 2 of 31 Agenda Budget Perspectives Governor s Budget Proposal State Economy
More informationCHILDREN AND FAMILIES FIRST COMMISSION OF VENTURA COUNTY A Component Unit of the County of Ventura
CHILDREN AND FAMILIES FIRST COMMISSION OF VENTURA COUNTY A Component Unit of the County of Ventura Financial Statements for the Years Ended June 30, 2017 and 2016 and Independent Auditor s Report Fanning
More informationEncore Community Development District
1 Encore Community Development District www.encorecdd.org Approved Proposed Budget for Fiscal Year 2018/2019 Presented by: Rizzetta & Company, Inc. 9428 Camden Field Parkway Riverview, Florida 33578 Phone:
More informationFebruary 23, 2016 Agenda Item XI.1: Page 1
XI.1 February 23, 2016 Agenda Item XI.1: Page 1 STAFF REPORT TO THE CITY COUNCIL DATE: Regular Meeting of February 23, 2016 TO: SUBMITTED BY: SUBJECT: Members of the City Council Margaret Roberts, Administrative
More informationTHE CORPORATION OF THE TOWNSHIP OF RYERSON
THE CORPORATION OF THE TOWNSHIP OF RYERSON CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2014 CONTENTS Page Independent Auditor's Report 1-2 Consolidated Statement of Financial Position 3 Consolidated
More informationThe Board of Supervisors of the County of Riverside ordains as follows:
ORDINANCE NO. 936 AN ORDINANCE OF THE COUNTY OF RIVERSIDE AUTHORIZING THE LEVY OF A SPECIAL TAX WITHIN COMMUNITY FACILITIES DISTRICT NO. 17-2M (BELLA VISTA II) OF THE COUNTY OF RIVERSIDE The Board of Supervisors
More informationCity of Riverbank. Water Rate Study FINAL 6/18/2015
Water Rate Study FINAL 6/18/2015 Bartle Wells Associates Independent Public Finance Consultants 1889 Alcatraz Avenue Berkeley, California 94703 www.bartlewells.com Tel: 510-653-3399 June 18, 2015 6707
More informationEAGLE TREE CONDOMINIUM ASSOCIATION, INC. REPORT ON AUDIT OF FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015
REPORT ON AUDIT OF FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015 Table of Contents Report of independent auditors 1 2 Page Financial statements: Balance sheet 3 Statement of revenue
More informationSummary covering several years (TSEK) Index Enterprise, LLC and Subsidiaries. Consolidated Financial Statements
Index Enterprise, LLC and Subsidiaries Summary covering several years (TSEK) Index Enterprise, LLC and Subsidiaries Consolidated Financial Statements 12.31.2013 1 Index Enterprise, LLC and Subsidiaries
More informationZephyr Ridge Community Development District
Zephyr Ridge Community Development District Financial Statements (Unaudited) November 30, 2018 Prepared by: Rizzetta & Company, Inc. zephyrridgecdd.org rizzetta.com Balance Sheet As of 11/30/2018 (In Whole
More informationTHE CORPORATION OF THE TOWN OF SPANISH
THE CORPORATION OF THE TOWN CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED INDEPENDENT AUDITORS' REPORT To the Members of Council, Inhabitants and Ratepayers of the Corporation of the Town of Spanish
More information