Regular 6.C.
Regular City Council Meeting
- Meeting Date:
- 09/09/2019
- TITLE
- Public Hearing and Resolution Setting PMD Annual Assessments for Fiscal Year 2020
- Department:
- City Hall Administration
Presentation:
Yes
PROBLEM/ISSUE STATEMENT
The annual assessment resolution for the City's 36 Park Maintenance Districts (PMD's) has been completed by the Finance Department and the assessments are ready to be spread in the tax files for FY 20. Gross amounts for Annafeld and Falcon Ridge PMDs are changing from the prior year, all others will remain unchanged from FY19.
Annafeld is decreasing $43,600 from the prior year. This was a brand new park in 2019 that will not have as high costs in future years. This will be an $0.08 reduction in the per square foot charge assessed to property owners.
Falcon Ridge is increasing $20,000 over what was assessed in the prior year. During a review of the Falcon Ridge PMD, it was determined that additional filings had approved and new parcels needed to be added to the PMD. This PMD has historically had a negative cash balance, so an increase is necessary to fund maintenance. Because the additional parcels were added to the PMD the overall charge per lot will be decrease from the prior year ($369.43/lot in FY20 and $426.97/lot in FY19).
Annafeld is decreasing $43,600 from the prior year. This was a brand new park in 2019 that will not have as high costs in future years. This will be an $0.08 reduction in the per square foot charge assessed to property owners.
Falcon Ridge is increasing $20,000 over what was assessed in the prior year. During a review of the Falcon Ridge PMD, it was determined that additional filings had approved and new parcels needed to be added to the PMD. This PMD has historically had a negative cash balance, so an increase is necessary to fund maintenance. Because the additional parcels were added to the PMD the overall charge per lot will be decrease from the prior year ($369.43/lot in FY20 and $426.97/lot in FY19).
ALTERNATIVES ANALYZED
The Council must hold a public hearing and then may:
- Approve the resolution; or
- Not approve the resolution. The Parks Department could stop maintaining the PMD parks or Council could direct staff to continue maintaining the parks and use General Fund or other resources for that purpose.
FINANCIAL IMPACT
Park maintenance district rates are calculated by estimating the expenses for maintenance and recovering actual expenditures. The total amount to be assessed for these PMD's is $1,160,336 for FY 20.
RECOMMENDATION
Staff recommends that the City Council conduct a public hearing and approve the resolution setting assessments for the City's PMD parks.