HomeMy WebLinkAbout2002-05-28 - AGENDA REPORTS - SMD 1 LEVY ANNUAL ASMT (2)CITY OF SANTA CLARITA
AGENDA REPORT
CONSENT CALENDAR City Manager Approvasa—lal�
Item to be presented by: Curtis L. Na,
DATE: May 28, 2002
SUBJECT: APPROVE THE ENGINEER'S REPORT AND DECLARE THE
CITY'S INTENTION TO LEVY ANNUAL ASSESSMENTS FOR
STREETLIGHT MAINTENANCE DISTRICT NO. 1 FOR FISCAL
YEAR 2002/03
DEPARTMENT: Transportation & Engineering Services
RECOMMENDED ACTION
City Council adopt a resolution approving the Engineer's Report declaring the City's
intention to levy and collect assessments for Streetlight Maintenance District No. 1 for Fiscal
Year 2002/03, and set the public hearing for June 25, 2002.
BACKGROUND
Each year the City is required to order an Engineer's Report for Streetlight Maintenance
District No. 1 (District), and determine the necessary assessments to collect for the coming
fiscal year. This report and the appropriate resolutions are then presented to the City
Council at a regularly scheduled City Council meeting. It is at this meeting that a date is
scheduled for a public hearing on the proposed annual assessments.
The public hearing for this District is scheduled for June 25, 2002. If the assessments are
approved at the public hearing, they are transferred to the County for placement on the
County's tax rolls. If the assessments are not approved at the public hearing, the City will
lose the ability to place the assessment on the County's tax rolls for Fiscal Year 2002/03.
The City will have to manually invoice all parcels within the District or not collect
assessments for the coming year. Detailed revenue and expenditure information for the
District is in the annual Engineer's Report.
In accordance with Proposition 218, "The Right to Vote on Taxes Act," any increase in the
annual assessments requires that all affected property owners must vote on the new
assessments. There will be no increases in the assessments for the District covered by the
attached resolution for Fiscal Year 2002/03; therefore, there is no need to notify the
property owners by mail.
Agenda Item:
STREETLIGHT MAINTENANCE DISTRICT NO. 1
ANNUAL ASSESSMENTS FOR FISCAL YEAR 2002/03
May 28, 2002 — Page 2
ALTERNATIVE ACTIONS
1. Do not approve the annual levy.
2. Other action as determined by the City Council.
FISCAL IMPACT
The annual levy of assessments currently covers the expected expenses. The following is an
estimate of the Fiscal Year 2002/03 budget for Streetlight Maintenance District No. 1.
Revenue
Balance from Previous Fiscal Year
$ 900,000.00
Other Revenue (Ad Valorem)
1,900,000.00
To be Raised from Assessments
170.718.00
Subtotal
$ 2,970,718.00
Expenditures
Operation/Maintenance Expenses
Utility/Maintenance $ 1,547,275.00
Professional/Attorney Services 55,000.00
Administration/Special Equipment 131,170.00
Capital Improvements 250,000.00
Reserve 987 273.00
Subtotal $ 2,970,718.00
TOTAL $ 0.00
ATTACHMENTS
Resolution to Approve the Engineer's Report and Assessment for District
Exhibit "A" — Location Map
Engineer's Report (available in City Clerk's Reading File)
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