HomeMy WebLinkAbout2004-06-08 - AGENDA REPORTS - LEVY ASMT FOR SMD 1 FY 04/05 (2)Agenda Item:_
CITY OF SANTA CLARITA
AGENDA REPORT
CONSENT CALENDAR City Manager Approval
Item to be presented by:
DATE: June 8, 2004
Ben Jarvis
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 2004/2005
DEPARTMENT: Transportation and 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 2004/2005, and set the public hearing for July 13, 2004.
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, and a date is scheduled for a public hearing on the proposed
annual assessments.
Staff is recommending that the public hearing for this District be scheduled for July 13, 2004. If
the assessments are approved at the public hearing, they are transferred to Los Angeles 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 2004/2005. 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 2004/2005; therefore, there is no requirement to notify the property owners by
mail.
Adopted: 2(0
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 2004/2005 budget for Streetlight Maintenance District No. 1.
Revenue
Balance from Previous Fiscal Year
$ 3,429,658.00
Other Revenue (Ad Valorem)
1,938,000.00
To be Raised from Assessments
296.063.00
Subtotal
$ 5,663,721.00
Expenditures
Operation/Maintenance Expenses
Utility/Maintenance $ 1,755,090.00
Professional/Attorney Services 100,000.00
Administration/Special Equipment 193,940.00
Capital Improvements 250,000.00
Reserve 3,364,691.00
Subtotal $ 5,663,721.00
TOTAL $ 0.00
ATTACHMENTS
Resolution
Exhibit "A" - Location Map
Engineer's Report available in the City Clerk's Reading File
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