Loading...
HomeMy WebLinkAboutAGENDA REPORT 2021 0421 CCSA REG ITEM 09ACITY OF MOORPARK, 
CALIFORNIA City Council Meeting of April 21, 2021 ACTION Approved Staff Recommendation, as Amended, and Approved Revision to Policy 5.5. (Roll Call Vote: 4-0, Councilmember Castro Absent) BY B.Garza. A. Consider Adoption of Landscape and Lighting Maintenance Districts Reserve Fund Study Report and Approval of Revisions to Council Policy 5.5: Landscape and Lighting Assessment District. Staff Recommendation: 1) Approve adoption of the Landscape and Lighting Maintenance Districts Reserve Fund Study Report; and 2) Approve revisions to Policy 5.5: Landscape and Lighting Assessment District (LLAD), and direct staff to incorporate the revised Policy 5.5 into the next comprehensive update of the City Council Policies Resolution. (Jeremy Laurentowski) Item: 9.A. MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Jeremy Laurentowski, Parks and Recreation Director DATE: 04/21/2021 Regular Meeting SUBJECT: Consider Adoption of Landscape and Lighting Maintenance Districts Reserve Fund Study Report and Approval of Revisions to Council Policy 5.5: Landscape and Lighting Assessment District SUMMARY The City Council is being asked to adopt the attached Landscape and Lighting Maintenance Districts Reserve Fund Study Report (Study) and approve revisions to Council Policy 5.5: Landscape and Lighting Assessment District (Policy 5.5) to allow for the funding of Operational Reserve and Capital Improvement Reserve (Capital Reserve) accounts for each of the City’s landscape and lighting assessment districts (Districts). The Study provides an inventory and analysis of all systems and facilities within the Districts, including their current viability and remaining life span, and prescribes the appropriate assessment rates to establish a Capital Reserve fund for each District that will adequately address future capital needs and avoid the fluctuations in the annual levy amounts that can result from the current assessment methodology. The revisions to Policy 5.5 update the guidelines for funding of the reserve accounts and are shown in legislative format in Attachment 2 to this report. BACKGROUND In 1984, Landscaping and Lighting Maintenance Assessment District No. AD 84-2 encompassing the entire City (AD 84-2) was created to fund costs associated with street lighting and the maintenance of various landscaped areas in the City. This was a successor to the District enacted by the County of Ventura prior to the incorporation of the City. In subsequent years, Zones of Benefit (Zones) were added to AD 84-2 to fund improvements and maintenance of certain specific areas. Later, these Zones were changed to Districts 1 through 12. Since 1984, the City has formed additional Assessment Districts to fund the maintenance of associated landscape improvements. These include the following active Districts: Item: 9.A. 1 Honorable City Council 04/21/2021 Regular Meeting Page 2 District 14 (Silver Oak Lane Tract 5201); District 15 A / B (Country Club Estates Tract 4928 / Masters at Moorpark Country Club Tract 5463); District 16 (Mountain View Tract 5166); District 18 (Moonsong Court Tract 5307); District 20 (Meridian Hills Tract 5187), District 21 A / B (Canterbury Lane Tract 5133 / Ivy Lane Tract 5425), and District 22 (Moorpark Highlands Tract 5045). The City currently has 21 active Districts. Eleven of the Districts were adopted prior to the passage of Proposition 218, which does not provide a provision for increasing the annual assessment without a vote of the affected property owners. For the remaining Districts that were adopted after the passage of Prop 218, the language in the formation documents allows the maximum assessment to be increased annually to cover cost-of- living (COLA) increases. Each year the City Council adopts the Assessment Levy (Levy) for each District. As part of the Levy process, a Landscaping and Lighting Maintenance Assessment Districts Engineer’s Report (Engineer’s Report) is prepared to determine the Levy amount to be paid by each household within said District. The Levy is collected through property taxes and covers projected annual maintenance costs such as the cost of water, electricity, landscape maintenance, tree trimming, and any other costs associated with the maintenance of facilities within the District, including management of the District. To date, the Engineers Report has not included funding required for capital improvements. These improvements have traditionally been funded by drawing down any available fund balances within the fund to cover the costs of planned capital expenses. In doing so, if the fund balance fell below the required reserve amount of one year of operating expenses, the levy would be increased to replenish the reserve. This can cause inconsistency in the amount of the levy and result in noticeable fluctuations of the levy amount. The Engineer’s Report also considers the District’s reserve fund to ensure that the balance coincides with Policy 5.5 of the City Council Policies Resolution No. 2019-3851. Currently, the Policy requires that a reserve account balance be maintained for each District equal to approximately one year of the projected current operating budget for each such District. DISCUSSION A limitation of the current methodology for determining a District’s reserve account balance lies in its reliance on projected operating budget for setting the appropriate reserve amount without considering future capital needs within a District, such as replacement costs of landscaping and other improvements like trails, hardscape, drainage facilities, fencing, decorative lighting, and project signage, to name a few. Under the current methodology, when a capital project is identified the project costs are included in the annual operating budget and the District’s reserve funds are utilized to fund the work. Subsequent increases in the annual Levy are generally necessary to 2 Honorable City Council 04/21/2021 Regular Meeting Page 3 cover the costs of the improvements, as well as replenish the depleted reserve funds as required by City policy. Over the years fluctuations in the annual Levy have caused financial impacts on the residents that live within such Districts. To address this limitation, in February of 2020 the City Council approved an Agreement with Willdan Financial Services (Willdan) for a Landscape and Lighting Maintenance Assessment District reserve fund study. The Study was completed and provided to staff in April of 2021. It identifies all existing facilities within each District and provides an inventory and analysis of all systems and facilities, including their current viability, remaining life span, and estimated replacement costs. Using this data, the Study provides a capital improvement plan with an assessment strategy to establish Capital Reserve funds adequate to address future capital needs. An annual increase of 2.5% is built into the assessment schedule to account for rising capital improvement costs. This amount is generally consistent with historical cost of living (COLA) Levy adjustments. Once the Capital Reserve funds are established and funded, the impact of future capital improvements on levy assessments will be minimized, resulting in stable levy adjustments that will only fluctuate due to COLA increases or major emergencies, such as a landslide or wildfire. Table 1 on the following page summarizes the recommended annual assessment (for capital replacement only) for each active District for the first five years of the Study starting in 2022. The table does not include levy amounts for annual operating expenses. 3 Honorable City Council 04/21/2021 Regular Meeting Page 4 Table 1 Annual Capital Assessment 2022 2023 2024 2025 2026 Citywide: AD 84-2 CITYWIDE LLMD (2300)$0.73 $0.74 $0.76 $0.78 $0.80 LMD01: 84-2 PECAN AVE T2851 (2301)$4.72 $4.84 $4.96 $5.09 $5.22 LMD02: 84-2 STEEPLE HILL T2865 (2302)$10.87 $11.15 $11.44 $11.73 $12.03 LMD03: 84-2 BUTTERCREEK T3032 (2303)$2.08 $2.13 $2.18 $2.24 $2.30 LMD04: 84-2 WILLIAMS RANCH T3274 (2304 $3.45 $3.54 $3.63 $3.72 $3.82 LMD05: 84-2 PHEASANT T3019/3525 (2305)$12.33 $12.65 $12.97 $13.31 $13.65 LMD06: 84-2 INGLEWOOD ST T3306 (2306)$6.10 $6.25 $6.41 $6.58 $6.75 LMD07: 84-2 LA AVE & GABBERT RD (2307)$10.36 $10.62 $10.90 $11.18 $11.46 LMD08: 84-2 HOMES ACRES BUFFER (2308)$2.72 $2.79 $2.86 $2.93 $3.01 LMD09: 84-2 CONDOR DRIVE (2309)$8.08 $8.28 $8.50 $8.71 $8.94 LMD10: 84-2 MTN MEADOWS PC3 (2310)$9.18 $9.42 $9.66 $9.91 $10.16 LMD11: 84-2 ALYSSAS COURT T4174 (2311)$39.26 $40.27 $41.30 $42.36 $43.44 LMD12: 84-2 CARLSBERG (2312)$43.94 $45.07 $46.22 $47.41 $48.62 LMD14: SILVER OAK LN (2314)$10.65 $10.93 $11.21 $11.50 $11.79 LMD15: COUNTRY CLUB ESTATES (2315)$124.98 $128.19 $131.48 $134.85 $138.31 LMD16: MOUNTAIN VIEW (2316)$9.09 $9.33 $9.57 $9.81 $10.06 LMD18: MOONSONG CT (2318)$48.24 $49.48 $50.75 $52.05 $53.39 LMD19: CAMPUS PLAZA (2319)$166.78 $171.05 $175.44 $179.94 $184.55 LMD20: MERIDIAN HILLS (2320)$140.96 $144.58 $148.28 $152.09 $155.99 LMD21A: CANTERBURY (2321)$3.29 $3.37 $3.46 $3.55 $3.64 LMD21B: IVY LN (2321) $1.74 $1.78 $1.83 $1.87 $1.92 LMD22: MOORPARK HIGHLANDS (2322)$122.30 $125.43 $128.65 $131.95 $135.33 Totals:$781.85 $801.89 $822.46 $843.56 $865.18 District / Zone As noted earlier, the assessments prescribed in the Study are specifically designed to establish a Capital Reserve fund for each District to cover future capital needs. Therefore, these assessments would be applied in addition to the Levies established annually through the Engineer’s Report, which include allocations for operating reserves to cover fluctuations in operating expenses. For reference, the assessment Levy amounts for 2021 in each District are provided in the Table 2 below alongside the Capital Reserve assessment amounts recommended in the Study for 2022. 4 Honorable City Council 04/21/2021 Regular Meeting Page 5 Table 2 District / Zone 2021 Landscape Assessment Le vy* 2022 Capital Reserve Fund Assessment Citywide: AD 84-2 CITYWIDE LLMD (2300)$3.30 $0.73 LMD01: 84-2 PECAN AVE T2851 (2301)$129.36 $4.72 LMD02: 84-2 STEEPLE HILL T2865 (2302)$116.46 $10.87 LMD03: 84-2 BUTTERCREEK T3032 (2303)$11.62 $2.08 LMD04: 84-2 WILLIAMS RANCH T3274 (2304)$49.48 $3.45 LMD05: 84-2 PHEASANT T3019/3525 (2305)$107.56 $12.33 LMD06: 84-2 INGLEWOOD ST T3306 (2306)$42.00 $6.10 LMD07: 84-2 LA AVE & GABBERT RD (2307)$123.15 $10.36 LMD08 (City Area): 84-2 HOMES ACRES BUFFER (2308)$15.40 $2.72 LMD08 (Home Acres): 84-2 HOMES ACRES BUFFER (2308)$37.68 $2.72 LMD09: 84-2 CONDOR DRIVE (2309)$27.43 $8.08 LMD10: 84-2 MTN MEADOWS PC3 (2310)$76.54 $9.18 LMD11: 84-2 ALYSSAS COURT T4174 (2311)$337.78 $39.26 LMD12: 84-2 CARLSBERG (2312)$360.00 $43.94 LMD14: SILVER OAK LN (2314)$187.21 $10.65 LMD15: COUNTRY CLUB ESTATES (2315)$485.00 $124.98 LMD16: MOUNTAIN VIEW (2316)$53.00 $9.09 LMD18: MOONSONG CT (2318)$700.00 $48.24 LMD19: CAMPUS PLAZA (2319)$0.00 $166.78 LMD20: MERIDIAN HILLS (2320)$1,300.00 $140.96 LMD21A: CANTERBURY (2321)$50.00 $3.29 LMD21B: IVY LN (2321) $20.00 $1.74 LMD22: MOORPARK HIGHLANDS (2322)$1,054.00 $122.30 *Estimates for the 2022 Assessment Levy are not provided in this report. 2021 Levy data is shown for comparative purposes. 2022 Levy estimates will be provided with the Assessment Engineer's Report in May. In order to establish the Capital Reserve fund defined in the Study while maintaining necessary operating reserves for each District, updates to the City policy are required. Attachment 2 to this report presents the recommended revision to Policy 5.5 in legislative format. The revision establishes both Operational Reserve and Capital Reserve accounts and sets the guidelines for funding each of the reserve accounts. In keeping with the requirements of the Landscape and Lighting Act of 1972 (the Act), the Operational Reserve account fund balance for each District would include estimated costs of maintaining and servicing all existing and proposed improvements up through December 10 of the upcoming fiscal year, or approximately fifty percent (50%) of the annual estimated costs for each such District. The Capital Reserve account would be funded in accordance with the Study, and not exceed the amounts established therein. The proposed changes to the Policy also contain an update regarding the funding of annual deficits to clarify that those Districts subject to fixed maximum assessment rates 5 Honorable City Council 04/21/2021 Regular Meeting Page 6 that are to be restored by transfers from the General Fund, or other funds, as approved by City Council. As illustrated in Table 1, the Study prescribes an annual increase to the capital improvement assessments of 2.5%. For some Districts this results in relatively high assessment values in the later years of the Study’s 75-year timeline. It is important to note, however, that the useful asset lifetime assumptions and capital improvement costs that have been applied in the Study will need to be reviewed periodically. These assumptions will need to be updated to account for various factors such as maintenance activity, which can extend the useful life of an asset, and changing material and labor costs, which impact future capital improvement cost estimates, and assessment values will need to be updated accordingly. To ensure that this review is conducted regularly the update to Policy 5.5 includes a provision that the Study shall be reevaluated every 15 years, or sooner at the discretion of the Finance Director. While the Study identifies Capital Reserve assessments for each District, these assessments would only be applied to Districts that possess healthy levies that cover both operating costs and maintain the required Operational Reserve fund balances. For example, the current levy amounts for Districts 15, 20, and 22 are not sufficient to cover current operating costs. The primary reason for this prior to 2017 was due to the fact that the fund balances for these Districts exceeded City Council Policy, which only allowed for a reserve balance equal to one year of operational costs at that time. As a result, the levies for these Districts have historically remained low and have been subsidized by reserve funds to cover operating expenses in an effort to lower the reserve fund balance. This Policy was changed in 2017 to allow for a larger reserve fund balance, and since then the levies for these Districts have slowly been increased to catch up with the costs of operation. The levy for District 20 has remained low primarily at the request of the affected homeowners. Phase I of District 20 was accepted by the City Council in 2019. For a variety of reasons, such as the recession in 2009 and the sale of the project by several different development partners, the acceptance of the improvements in District 20 were subsequently delayed. This resulted in either an abnormally low levy or a $0 levy between Fiscal Year 2013/14 and Fiscal Year 2018/19. As a result, a low annual levy was established when the District was accepted by the City and has slowly been increased to catch up with the costs of operation. In each of the aforementioned Districts, staff recommends deferring the implementation of the Capital Reserve fund assessments until the operating reserves are restored. A separate agenda report regarding the Preliminary Assessment Engineer’s Report for the Landscaping and Lighting Maintenance Assessment Districts for Fiscal Year 2021/22 will be presented to the City Council on May 5, 2021. At that time, an analysis of the impacts to the levy for each District, including the overall impacts to the reserve fund balances, will be presented to the City Council for consideration. Similarly, assessments for Districts that generally require General Fund subsidies to cover maintenance and operations costs, such as the Citywide District and Districts 1 through 11 (Underfunded Districts), would also be deferred until such time as funding 6 Honorable City Council 04/21/2021 Regular Meeting Page 7 becomes available to provide for the Capital Reserve Fund. In the Study, the areas subject to General Fund subsidies are designated on the maps as either “General Fund Improvements” or “Citywide Improvements”. Although both designations receive General Fund support, Willdan has identified the areas that should be assessed to a particular District as ‘General Fund Improvements’, because the improvements provide a direct benefit to the residents within the District and typically would be funded by the residents that live within the associated District. However, in these cases, the District was either never established, most likely because the homes were built prior to City incorporation, or because the District is underfunded as a result of Prop 218. Other areas that provide a city-wide benefit and are not associated with a particular District are identified as “Citywide Improvements”. If adopted, the appropriate Capital Reserve assessments will be incorporated into the 2022 Levies and brought to Council for consideration on May 5, 2021. Separate Operational Reserve and Capital Reserve fund accounts would be established now, regardless of whether the Capital Reserve Fund assessments for a particular District are implemented in 2022 or deferred until a later date. Any surplus funds available in a particular District would first be applied to the Operational Reserve to comply with the updated Policy 5.5, and any remaining surplus would fund the Capital Reserve. In addition to establishing assessment schedules for City’s active districts, the Study also includes schedules for backup districts that have been established but are not currently active. Improvements in these backup district areas are not maintained by the City, however the backup districts give the City the ability to levy property owners and take over maintenance of these areas if necessary due to neglect by the property owners. City Council approval would be required if such a circumstance were ever to arise. It should be noted that a parcel diagram for District 33 (Vistas) has been included in the Study due to the fact that the formation documents and ultimate adoption of the District has been approved by the City Council. However, at this time the project has stalled and therefore the Operational and Capital Reserve Funds will not be established until the maintenance areas have been defined. The Study also provides a comprehensive GIS layer of all District areas. This GIS layer is an extremely useful tool that provides accurate improvement area data (square footage, improvement types, and materials), and can be used to resolve any outstanding discrepancies that may have arisen during the District’s formation. FISCAL IMPACT There is no cost to the City associated with the adoption of the Study at this time. As noted above, funding for the Capital Reserve accounts would be achieved through the annual levy process, and assessments for Districts that generally require General Fund subsidies to cover maintenance and operational costs would be deferred until such time as funding becomes available to establish the Capital Reserve Fund. This is due to the fact that several Districts rely heavily on a substantial General Fund contribution to 7 Honorable City Council 04/21/2021 Regular Meeting Page 8 cover operational expenses. Despite the current funding challenges in these Underfunded Districts, the Capital Reserve accounts would be established now so as to be available in future years should funding become available. Based on the findings of the Study, the cost for funding the Capital Reserve assessments in the Underfunded Districts in 2022 would be approximately $70,000, as detailed in the Table 3 below. Table 3 District / Zone 2022 Total Assessment AD 84-2 Citywide LLMD (2300)$33,212 84-2 PECAN AVE T2851 (2301) $354 84-2 STEEPLE HILL T2865 (2302)$6,764 84-2 BUTTERCREEK T3032 (2303)$550 84-2 WILLIAMS RANCH T3274 (2304)$445 84-2 PHEASANT T3019/3525 (2305)$2,676 84-2 INGLEWOOD ST T3306 (2306)$134 84-2 LA AVE & GABBERT RD (2307)$954 84-2 HOMES ACRES BUFFER (2308)$1,899 84-2 CONDOR DRIVE (2309)$400 84-2 MTN MEADOWS PC3 (2310)$22,558 84-2 ALYSSAS COURT T4174 (2311)$353 SILVER OAK LN (2314)$107 Total:$70,406 COUNCIL GOAL COMPLIANCE This action is consistent with City Council Strategy 3, Goal 4, Objective 3 (3.4.3): “Develop inventory of landscaping assessment districts facilities maintenance and replacement schedule to improve levy calculations and capital reserve funding by March 31, 2020.” STAFF RECOMMENDATION 1. Approve adoption of the Landscape and Lighting Maintenance Districts Reserve Fund Study Report; and 2. Approve revisions to Policy 5.5: Landscape and Lighting Assessment District (LLAD), and direct staff to incorporate the revised Policy 5.5 into the next comprehensive update of the City Council Policies Resolution. Attachment 1: Landscape and Lighting Maintenance Districts Reserve Fund Study Report Attachment 2: Draft City of Moorpark Council Policy 5.5: Landscape and Lighting Assessment District (LLAD) 8 City of Moorpark Landscape and Lighting Maintenance Districts Reserve Fund Study Report Fiscal Year 2021/2022 Moorpark City Council Adoption: Date: ____________________ CITY OF MOORPARK 799 MOORPARK AVE. MOORPARK , CA 93021 APRIL 2021 PREPARED BY WILLDAN FINANCIAL SERVICES 27368 Via Industria Suite 200 Temecula, CA 92590 T 951.587.3500 | 800.755.6864 F 951.587.3510 www.willdan.com/financial ATTACHMENT 1 9 Page 1 of 65 Overview On behalf of the City of Moorpark (“City”), Willdan Financial Services (“Willdan”) has conducted a Reserve Fund Study for the City’s Landscaping and Lighting Maintenance Districts (“Assessment Districts” for potential modifications that could be implemented that comport with the provisions of the Landscaping and Lighting Act of 1972. As part of this study Willdan has focused extensively on the location and extent of the various landscape improvements being mai ntained (both local Special Benefit Zone improvements and the Citywide and/or General Fund improvement areas) in order to develop a reasonable long term capital improvement and renovation cost analysis and reserve fund collection to fund those costs. In order to quantify these renovation costs and establish a reserve fund collection plan, Willdan utilizing general improvement information provided by the City, aerial imagery and geographic information system mapping (GIS) to develop GIS shape files for the Assessment District improvements, which allowed us to calculate estimated capital improvement replacement costs and long term budgeting to fund those expenditures. These shape files also provide the ability to generate updated assessment diagrams that depict the location and extent of the various improvements. The estimated long term funding needs outlined in this memorandum will ultimately require direction and input from the City Council to implement any new reserve fund guidelines. Districts formed under the provisions of the Landscaping and Lighting Act of 1972, being Part 2 of Division 15 of the California Streets and Highways Code, commencing with Section 22500 (“1972 Act”), are typically formed by local agencies as a funding source to provide for the installation, maintenance, and services associated with landscaping and lighting facilities within the local agency. Prior to 1996 many local government agencies relied extensively on assessment districts as a revenue tool to fund local improvements including landscaping and lighting districts. Up until the passage of Proposition 218 in November 1996, the annual budgets and assessments for these districts could be increased as needed at the discretion of the agency’s legislative body (City Council), with only a written protest mechanism available to property owners to stop an increase. As a result, there was little planning or budgeting for anything more than the annual operation and maintenance needs of the districts and possibly a contingency fund (operational reserve) to address unforeseen expenditures. Unfortunately budgeting for Capital improvements or refurbishment projects was rarely planned until it became apparent that the improvements needed renovation and then the assessments could be increased to pay for those costs. With the passage of Proposition 218 (codified as Articles XIII C and XIII D of the California Constitution) the agency’s legislative body no longer had the ability to increase assessments without conducting a property owner protest ballot proceeding (property owner voted approval) other than maybe a previously approved inflationary adjustment. For many agencies, limiting the ability to increase assessments as costs have continued to rise has greatly impacted the ability to sustain a high level of maintenance on an annual basis let alone address unforeseen expenses, refurbishments and capital improvement projects. As a result, the health and appearance of many landscape improvements have deteriorated and the added pressures of water restrictions in California has exacerbated the situation, increasing the need to fund landscape and irrigation renovation projects particularly for areas where the landscape Improvements have exceeded their useful life. 10 Page 2 of 65 Provisions of the 1972 Act The 1972 Act permits the establishment of assessment districts by agencies for the purpose of providing various landscaping and lighting improvements, including the acquisition, construction, installation, and servicing of those improvements and related facilities. The 1972 Act requires that the cost of these improvements be levied according to benefit rather than assessed value: ➢ Section 22573 of the 1972 Act defines the net amount to be assessed as follows: “The net amount to be assessed upon lands within an assessment district may be apportioned by any formula or method which fairly distributes the net amount among all assessable lots or parcels in proportion to the estimated benefits to be received by each such lot or parcel from the improvements.” ➢ Section 22574 of the 1972 Act provides for zones as follows: “The diagram and assessment may classify various areas within an assessment district into different zones where, by reason of variations in the nature, location, and extent of the improvements, the various areas will receive differing degrees of benefit from the improvements. A zone shall consist of all territory which will receive substantially the same degree of benefit from the improvements.” Various sections of the 1972 Act specifically address reserve funding including sub-sections (a) and (d) of Section 22569 regarding the estimate of the costs of the improvements to be contained in the Engineer’s Report and Section 22660 which addresses the collection of installments. ➢ Section 22569 of the 1972 Act begins as follows: The estimate of the costs of the improvements for the fiscal year shall contain estimates for all of the following: ➢ Section 22569(a) of the 1972 Act provides for a reserve (operational reserve) as follows: (a) The total costs for improvements to be made that year, being the total costs of constructing or installing all proposed improvements and of maintaining and servicing all existing and proposed improvements, including all incidental expenses. This may include a reserve which shall not exceed the estimated costs of maintenance and servicing to December 10 of the fiscal year, or whenever the city expects to receive its apportionment of special assessments and tax collections from the county, whichever is later. ➢ Section 22569(d) of the 1972 Act provides for annual installments (capital improvement reserve) as follows: (d) The amount, if any, of the annual installment for the fiscal year where the legislative body has ordered an assessment for the estimated cost of any improvements to be levied and collected in annual installments. ➢ Chapter 5 (Sections 22655-22663) of the 1972 Act outlines various financial provisions including: ➢ Section 22660 provides that the legislative body may, by resolution, order the estimated cost of the improvements (capital improvements) be raised by an assessment levied and collected in installments over a period not to exceed five fiscal years for maintenance expenses and over a period not to exceed 30 years for capital improvement projects (costs other than maintenance and servicing). 11 Page 3 of 65 ➢ Section 22662 outlines the annual installment payments and disposition of the collected funds authorized by the legislative body as follows: If a resolution providing for annual installment payments has been adopted, in the resolution or subsequent thereto, the legislative body may do any or a combination of the following: (a) Provide for the accumulation of the moneys collected from the annual installments in the improvement fund until there is sufficient moneys to pay all or part of the cost of the improvements described in the resolution. (b) Provide for a temporary advance to the improvement fund from any available and unencumbered funds of the local agency to pay all or part of the cost of the improvements described in the resolution and direct that the advance be repaid from the annual installments levied and collected during the fiscal years designated in the resolution. (c) Borrow an amount necessary to finance the estimated cost of the proposed improvements. The amount borrowed, except for the amount borrowed pursuant to Section 22662.5, shall not exceed the amount of revenue estimated to be raised from the annual assessments levied over five fiscal years. Operational Reserve As noted above, the 1972 Act provides general guidelines for the collection and retention of operational reserves. Section 22569(a) states in part that assessment districts can fund “… a reserve which shall not exceed the estimated costs of maintenance and servicing to December 10 of the fiscal year, or whenever the city expects to receive its apportionment of special assessments and tax collections from the county, whichever is later.” Because each fiscal year’s budget and expenses begin July 1, a little less than six months prior to December 10, most agencies apply a 50% rule for operational reserves, retaining in a reserve fund an amount up to approximately half of the budgeted annual operation and maintenance expenses. Clearly the authors of the 1972 Act intended that these districts retain in reserves sufficient funding to pay the bills between the beginning of the fiscal year (July 1) and when the agency receives its apportionment of special assessments from the County, thereby allowing the district to be self- funding without the need for temporary funding transfers from the general fund. In practical application, most agencies do not receive the first installment of special assessments from the County until January and in some cases late-January or early February and the first half of the fiscal year tends to be the largest expenditure months for maintenance and utilities because it includes the summer months. Therefore, we typically recommend that the Assessment Districts have a budgeted operational reserve fund that is between 65% to 75% of the overall operation and maintenance budget including incidental expenses and known periodic refurbishment expenses (i.e. maintenance expenses that regularly occur but not every year such as tree trimming or replacement of decomposed granite on trails). Any available reserve funds above this 65% to 75% threshold should be retained and designated as “Improvement Fund Reserve” or Capital Improvement Reserve” in order to be consistent with the “shall not exceed” provision of Section 22569(a). Improvement Fund Reserve (Capital Improvement Reserve) As previously noted, historically establishing a Capital Improvement Reserve has been widely overlooked by most agencies in large part because there was little need prior to Proposition 218 when assessments could be increased without a vote of property owners and the landscape improvements in most districts still were not at a point that renovations were necessary. After Proposition 218, establishing a Capital Improvement Reserve became difficult for many agencies because the existing maximum assessments were based on just maintenance costs and to add additional reserve funding for capital expenditures often meant assessment increases which had to be approved through a ballot proceeding. However, the deterioration of all landscaping is inevitable, and at some point, money will need to be spent to address the issue but the question is if those costs will be funded primarily by the Assessment District assessments or the General 12 Page 4 of 65 Fund. Ultimately the 1972 Act provides for such funding and every agency should be taking steps towards addressing these eventual expenditures. To develop a reasonable capital improvement plan and reserve fund collection plan for the Assessment Districts, it was first necessary to accurately quantify the improvements and estimate when those improvements may likely need replacement or refurbishment based on an estimate of the remaining useful life. In order to quantify replacement/refurbishment costs for a reserve fund collection plan, Willdan utilized general improvement information and descriptions provided by the City, and then using aerial imagery and geographic information system mapping (GIS) Willdan developed GIS shape files for the various improvement areas in the Assessment Districts. This plotting of the improvements establishes accurate improvement area data (square footage, improvement types, and materials) for the calculation of estimated capital improvement replacement costs and together with an estimate of the typical useful life and remaining life of those various improvements provides the nexus for long term replacement cycles and budgeting the related replacement and refurbishment expenditures. These shape files also provided updated assessment diagrams that depict the location and extent of the various improvements. It is important to note that the analysis, findings, and budget estimates outlined in this memorandum and the scope of our evaluation has been focused on addressing reserve funding needs, particularly those associated with long term capital expenditures, that the City may consider implementing. Although this memorandum does not specifically outline what that reserve fund policy should be, it does provide background and data to begin the process. Inevitably, implementing the collection of assessment revenues for a capital improvement reserve fund may be restrictive for some Assessment Districts because doing so will likely facilitate the need to ballot for new or increased assessments, but for those Assessment Districts with the assessment revenue capacity to begin funding such reserves, we strongly recommend the City Council consider collection of a Capital Improvement Reserve as soon as possible. Capital Improvement Reserve Methodology The Capital Improvement Reserve for each Assessment District is developed independently based on the improvements associated with that District but the approach (methodology) applied in each Assessment District is the same utilizing the same parameters. All improvements within the Assessment Districts analyzed as part of the Capital Improvement Reserve can be categorized into one of five Budget Categories including Fencing/Walls, Hardscape Surfaces, Irrigation Equipment/Devices, Landscaping & Irrigation, and Non-Irrigated Landscaping/Natural Areas. Within these broader Budget Categories each type of improvement is assigned an estimate of that improvement’s Useful Life (average number of years of optimal use), Replacement Life (Number of service years between replacements), and Average Cost per Unit (average cost per square foot, per linear foot, or per unit to replace or refurbish the improvement). The various types of improvements evaluated as part of this Capital Improvement Reserve analysis and the associated Useful Life, Replacement Life, and Average Cost per Unit are provided in the following table. Note: Tree management as well as replacement and renovation of decomposed granite trails were purposely excluded from this review at the directi on of City staff, as these activities are currently addressed and adequately funded. 13 Page 5 of 65 Applied Useful Life, Replacement Life, and Average Cost per Unit: For purposes of this analysis each Assessment District was evaluated for its overall appearance and general improvement condition to establish an “Estimated Used Life” for that Assessment District improvements as a whole. Note, the number of Used Life years assigned to each Assessment District is not a direct correlation to when the improvements were installed, replaced or refurbished last. It is also recognized that within any one Assessment District the condition of improvement areas may vary but for the purposes of this review and analysis that level of detail is not required nor part of the scope of work. Budget Category Improvement Description Useful Life Replacement Life Fencing/Walls Brick Monuement Wall 25 30 12.00$ SF Fencing/Walls Concrete Block Retaining Wall 25 30 11.50$ SF Fencing/Walls Concrete Block Soundwall 40 45 15.00$ SF Fencing/Walls Concrete Rail Fence 25 30 40.00$ LF Fencing/Walls Concrete Stone Retaining Wall 25 30 13.00$ SF Fencing/Walls Decorative Concrete Retaining Wall 20 25 13.00$ SF Fencing/Walls Metal Fence 30 35 28.00$ LF Fencing/Walls Vinyl Rail Fence 30 35 28.00$ LF Hardscape Surfaces Asphalt Access Road/Trail 25 30 5.00$ SF Hardscape Surfaces Concrete Basin 50 60 8.00$ SF Hardscape Surfaces Concrete Hardscape 50 60 8.00$ SF Hardscape Surfaces Concrete Trail/Access Road 50 60 8.00$ SF Hardscape Surfaces Concrete Walkway/Pathway 50 60 8.00$ SF Irrigation Equipment/Devices Irrigation Controller (Large)20 25 4,425.00$ Each Irrigation Equipment/Devices Irrigation Controller (Medium)20 25 3,225.00$ Each Irrigation Equipment/Devices Irrigation Controller (Small)20 25 2,200.00$ Each Landscaping & Irrigation Irrigated Flat Landscaping 25 30 0.56$ SF Landscaping & Irrigation Irrigated Flat Landscaping & Trees 25 30 0.58$ SF Landscaping & Irrigation Irrigated Flat Landscaping, Turf, & Trees 20 25 0.60$ SF Landscaping & Irrigation Irrigated Flat Planter Landscaping 25 30 0.56$ SF Landscaping & Irrigation Irrigated Flat Planter Landscaping & Trees 25 30 0.58$ SF Landscaping & Irrigation Irrigated Flat Turf 20 25 0.60$ SF Landscaping & Irrigation Irrigated Flat Turf & Trees 20 25 0.62$ SF Landscaping & Irrigation Irrigated Slope Landscaping 25 30 0.45$ SF Landscaping & Irrigation Irrigated Slope Landscaping & Trees 25 30 0.47$ SF Landscaping & Irrigation Irrigated Slope Landscaping (Trees)25 30 0.47$ SF Landscaping & Irrigation Irrigated Slope Turf 20 25 0.62$ SF Landscaping & Irrigation Irrigated Slope Turf & Trees 20 25 0.64$ SF Non-Irrigated Landscaping/Natural Areas Non-irrigated Flat Landscaping 25 30 0.23$ SF Non-Irrigated Landscaping/Natural Areas Non-irrigated Flat Landscaping & Trees 25 30 0.25$ SF Non-Irrigated Landscaping/Natural Areas Non-irrigated Flat Natural Landscaping 30 35 0.18$ SF Non-Irrigated Landscaping/Natural Areas Non-irrigated Flat Natural Vegitation 30 35 0.18$ SF Non-Irrigated Landscaping/Natural Areas Non-irrigated Flat Natural Weed Abatement Area 30 35 0.18$ SF Non-Irrigated Landscaping/Natural Areas Non-irrigated Flat Unimproved/Bareground 30 35 0.12$ SF Non-Irrigated Landscaping/Natural Areas Non-irrigated Slope Natural Landscaping 30 35 0.20$ SF Non-Irrigated Landscaping/Natural Areas Non-irrigated Slope Natural Vegitation 30 35 0.20$ SF Non-Irrigated Landscaping/Natural Areas Non-irrigated Slope Natural Vegitation & Trees 30 35 0.22$ SF Non-Irrigated Landscaping/Natural Areas Non-irrigated Slope Unimproved/Bareground 30 35 0.14$ SF Avgerage Cost per Unit 14 Page 6 of 65 The following table identifies the Used Life years assigned to each Assessment District as part of this analysis: The combination of the Useful Life and Replacement Life for each improvement type and the Estimated Used Life for each District establishes an estimated Remaining Life for that specific improvement area and the years replacement or renovation would typically be scheduled. Replacement Life - Estimated Used Life = Remaining Life Remaining Life + 2022 = Estimated First Replacement Year Estimated First Replacement Year + Useful Life = Estimated Second Replacement Year The Average Cost per Unit (inflated by 2.5% each year) determines the cost to replace and/or refurbish each improvement at the area at the Estimated First Replacement Year, Estimated Second Replacement Year, etc. Ultimately, an estimated Capital Improvement Budget over the next 75 years is developed for the improvements in each Assessment District and this allocation of expenditures establishes the level of revenue required each fiscal year (“Estimated Annual CIP Collection”) necessary to fund the replace and/or refurbish projects over the next 75 years. (Refer to the “Estimated Capital Improvement Budget over the next 75 years” tables that follow for Each District. Individual District Capital Improvement Reserve Analysis Since the old adage that “A picture is worth a thousand words”, we have provided diagrams for each of the local Assessment Districts (excluding the Citywide District) depicting the location of the improvements associated with each Assessment District as well as any nearby Citywide District or General Fund improvement areas. Following the diagram is a summary of the estimated capital improvement analyze for that Assessment Districts, depicting the estimated replacement costs. Zone Estimated Used Life Zone Estimated Used Life Zone Estimated Used Life Citywide 16 LMD10 16 LMD21B 13 LMD01 16 LMD11 16 LMD22 13 LMD02 15 LMD12 13 LMD22-Backup 13 LMD03 15 LMD14 13 LMD24-Backup 10 LMD04 15 LMD15 10 LMD25-Backup 10 LMD05 15 LMD16 13 LMD26-Backup 10 LMD06 16 LMD18 13 LMD31-Backup 10 LMD07 17 LMD19 13 LMD32-Backup 10 LMD08 16 LMD20 10 LMD09 16 LMD21A 13 15 Page 7 of 65 Citywide and General Fund Landscaping Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 372,159$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 519,718$ -$ -$ Hardscape Surfaces 360,776$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 84,075$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 104,998$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 240,461$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 59$ -$ -$ -$ -$ 339,698$ -$ -$ Non-Irrigated Landscaping/Natural Areas 101$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 1,057,572$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 105,057$ -$ -$ -$ -$ 859,417$ -$ -$ Estimated Annual CIP Collection 33,212$ 34,063$ 34,937$ 35,832$ 36,751$ 37,694$ 38,660$ 39,651$ 40,668$ 41,711$ 42,780$ 43,877$ 45,002$ 46,156$ 47,340$ 48,554$ 49,798$ Estimated CIP Funding Rate 10,438 45,793.50 $0.725 $0.744 $0.763 $0.783 $0.803 $0.823 $0.844 $0.866 $0.888 $0.911 $0.934 $0.958 $0.983 $1.008 $1.034 $1.060 $1.088 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ 6,938$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 172,051$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 96$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ 161$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ 7,100$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 172,148$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 51,075$ 52,385$ 53,728$ 55,106$ 56,519$ 57,968$ 59,454$ 60,979$ 62,542$ 64,146$ 65,791$ 67,478$ 69,208$ 70,983$ 72,803$ 74,669$ 76,584$ 78,548$ 80,562$ 82,627$ Estimated CIP Funding Rate $1.115 $1.144 $1.173 $1.203 $1.234 $1.266 $1.298 $1.332 $1.366 $1.401 $1.437 $1.474 $1.511 $1.550 $1.590 $1.631 $1.672 $1.715 $1.759 $1.804 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ 963,527$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 14,553$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ 1,069,269$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 281,926$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ 629,781$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 158$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 339$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ 1,593,308$ -$ -$ -$ -$ 1,069,269$ -$ -$ -$ -$ 296,976$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 84,746$ 86,919$ 89,148$ 91,433$ 93,778$ 96,182$ 98,649$ 101,115$ 103,643$ 106,234$ 108,890$ 111,612$ 114,402$ 117,262$ 120,194$ 123,199$ 126,279$ 129,436$ 132,672$ 135,988$ Estimated CIP Funding Rate $1.851 $1.898 $1.947 $1.997 $2.048 $2.100 $2.154 $2.208 $2.263 $2.320 $2.378 $2.437 $2.498 $2.561 $2.625 $2.690 $2.758 $2.827 $2.897 $2.970 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ 1,786,326$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,291,063$ 43,304$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,069,269$ 14,070$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 461,969$ -$ -$ -$ -$ -$ -$ 1,020,945$ 13,434$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ 1,167,579$ -$ -$ -$ -$ 258$ -$ -$ -$ -$ -$ -$ 2,137,630$ 28,128$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 500$ 7$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ 2,953,905$ -$ -$ -$ -$ 462,227$ -$ -$ -$ -$ -$ -$ 7,519,406$ 98,941$ Estimated Annual CIP Collection 139,388$ 142,873$ 146,445$ 150,106$ 153,858$ 157,705$ 161,647$ 165,689$ 169,831$ 174,077$ 178,428$ 182,889$ 187,461$ 192,148$ 196,952$ 201,875$ 206,922$ 212,095$ 217,398$ 7,519,406$ 98,940$ Estimated CIP Funding Rate $3.044 $3.120 $3.198 $3.278 $3.360 $3.444 $3.530 $3.618 $3.709 $3.801 $3.896 $3.994 $4.094 $4.196 $4.301 $4.408 $4.519 $4.632 $4.747 16 Page 8 of 65 LMD 01 - Pecan Avenue 17 Page 9 of 65 LMD 01 - Pecan Avenue Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 2,200$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,748$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 6,003$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 8,482$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 8,203$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,748$ -$ -$ -$ -$ 8,482$ -$ -$ Estimated Annual CIP Collection 354$ 363$ 372$ 382$ 391$ 401$ 412$ 422$ 433$ 444$ 456$ 467$ 479$ 492$ 504$ 517$ 530$ Estimated CIP Funding Rate 75 75.00 $4.716 $4.837 $4.961 $5.088 $5.218 $5.352 $5.489 $5.630 $5.775 $5.923 $6.074 $6.230 $6.390 $6.554 $6.722 $6.894 $7.071 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,502$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,502$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 544$ 558$ 572$ 587$ 602$ 617$ 633$ 649$ 666$ 683$ 701$ 719$ 737$ 756$ 775$ 795$ 816$ 836$ 858$ 880$ Estimated CIP Funding Rate $7.252 $7.438 $7.629 $7.825 $8.025 $8.231 $8.442 $8.658 $8.880 $9.108 $9.342 $9.581 $9.827 $10.079 $10.337 $10.602 $10.874 $11.153 $11.439 $11.732 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 7,377$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ 15,725$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ 15,725$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 7,377$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 902$ 926$ 949$ 974$ 999$ 1,024$ 1,051$ 1,077$ 1,104$ 1,131$ 1,160$ 1,189$ 1,218$ 1,249$ 1,280$ 1,312$ 1,345$ 1,378$ 1,413$ 1,448$ Estimated CIP Funding Rate $12.033 $12.342 $12.658 $12.983 $13.316 $13.657 $14.007 $14.357 $14.716 $15.084 $15.461 $15.848 $16.244 $16.650 $17.066 $17.493 $17.930 $18.379 $18.838 $19.309 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 12,088$ -$ -$ -$ -$ -$ -$ 26,715$ 352$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ 29,154$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 53,361$ 702$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ 29,154$ -$ -$ -$ -$ 12,088$ -$ -$ -$ -$ -$ -$ 80,076$ 1,054$ Estimated Annual CIP Collection 1,484$ 1,521$ 1,560$ 1,599$ 1,638$ 1,679$ 1,721$ 1,764$ 1,809$ 1,854$ 1,900$ 1,948$ 1,996$ 2,046$ 2,097$ 2,150$ 2,204$ 2,259$ 2,315$ 80,076$ 1,054$ Estimated CIP Funding Rate $19.792 $20.287 $20.794 $21.314 $21.846 $22.393 $22.952 $23.526 $24.114 $24.717 $25.335 $25.969 $26.618 $27.283 $27.965 $28.664 $29.381 $30.116 $30.868 18 Page 10 of 65 LMD 02 - Steeple Hill Area 19 Page 11 of 65 LMD 02 - Steeple Hill Area Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 54,108$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 50,586$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 15,250$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 19,521$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 101,631$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 147,192$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 170,989$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 19,521$ -$ -$ -$ -$ 197,778$ -$ Estimated Annual CIP Collection 6,764$ 6,937$ 7,115$ 7,298$ 7,485$ 7,677$ 7,873$ 8,075$ 8,282$ 8,495$ 8,713$ 8,936$ 9,165$ 9,400$ 9,641$ 9,888$ 10,142$ Estimated CIP Funding Rate 622 622.00 $10.874 $11.153 $11.439 $11.733 $12.033 $12.342 $12.658 $12.983 $13.316 $13.657 $14.007 $14.367 $14.735 $15.113 $15.500 $15.898 $16.305 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ 31,429$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 31,988$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 31,429$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 31,988$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 10,402$ 10,669$ 10,942$ 11,223$ 11,511$ 11,806$ 12,108$ 12,419$ 12,737$ 13,064$ 13,399$ 13,742$ 14,095$ 14,456$ 14,827$ 15,207$ 15,597$ 15,997$ 16,407$ 16,828$ Estimated CIP Funding Rate $16.723 $17.152 $17.592 $18.043 $18.506 $18.980 $19.467 $19.966 $20.478 $21.003 $21.542 $22.094 $22.661 $23.242 $23.838 $24.449 $25.076 $25.719 $26.378 $27.054 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ 93,784$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 65,924$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 52,416$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ 272,885$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 366,669$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 118,339$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 17,259$ 17,702$ 18,156$ 18,621$ 19,099$ 19,588$ 20,091$ 20,593$ 21,108$ 21,636$ 22,176$ 22,731$ 23,299$ 23,882$ 24,479$ 25,091$ 25,718$ 26,361$ 27,020$ 27,695$ Estimated CIP Funding Rate $27.748 $28.460 $29.189 $29.938 $30.705 $31.493 $32.300 $33.108 $33.935 $34.784 $35.653 $36.545 $37.458 $38.395 $39.355 $40.339 $41.347 $42.381 $43.440 $44.526 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ 173,870$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 415,592$ 5,468$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 85,889$ -$ -$ -$ -$ -$ 189,814$ 2,498$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ 505,914$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 925,991$ 12,184$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 679,784$ -$ -$ -$ -$ 85,889$ -$ -$ -$ -$ -$ 1,531,397$ 20,150$ Estimated Annual CIP Collection 28,388$ 29,097$ 29,825$ 30,570$ 31,335$ 32,118$ 32,921$ 33,744$ 34,588$ 35,452$ 36,339$ 37,247$ 38,178$ 39,133$ 40,111$ 41,114$ 42,142$ 43,195$ 44,275$ 1,531,397$ 20,150$ Estimated CIP Funding Rate $45.639 $46.780 $47.950 $49.149 $50.377 $51.637 $52.928 $54.251 $55.607 $56.997 $58.422 $59.883 $61.380 $62.914 $64.487 $66.099 $67.752 $69.446 $71.182 20 Page 12 of 65 LMD 03 - Butter Creek/Peppermill 21 Page 13 of 65 LMD 03 - Butter Creek/Peppermill Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 1,058$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,532$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 6,600$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 8,449$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 3,602$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,217$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 11,260$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 8,449$ -$ -$ -$ -$ 6,749$ -$ Estimated Annual CIP Collection 550$ 564$ 579$ 594$ 609$ 625$ 641$ 657$ 674$ 691$ 709$ 727$ 746$ 765$ 784$ 805$ 825$ Estimated CIP Funding Rate 265 265.00 $2.077 $2.130 $2.185 $2.241 $2.298 $2.357 $2.418 $2.480 $2.543 $2.608 $2.675 $2.744 $2.814 $2.886 $2.960 $3.036 $3.114 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 13,844$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 13,844$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 846$ 868$ 890$ 913$ 937$ 961$ 985$ 1,011$ 1,036$ 1,063$ 1,090$ 1,118$ 1,147$ 1,176$ 1,206$ 1,237$ 1,269$ 1,302$ 1,335$ 1,369$ Estimated CIP Funding Rate $3.194 $3.276 $3.360 $3.446 $3.534 $3.625 $3.718 $3.813 $3.911 $4.011 $4.114 $4.220 $4.328 $4.439 $4.553 $4.669 $4.789 $4.912 $5.038 $5.167 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ 2,841$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 22,685$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ 9,672$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 12,512$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 22,685$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,404$ 1,440$ 1,477$ 1,515$ 1,554$ 1,594$ 1,635$ 1,676$ 1,718$ 1,760$ 1,804$ 1,850$ 1,896$ 1,943$ 1,992$ 2,042$ 2,093$ 2,145$ 2,199$ 2,254$ Estimated CIP Funding Rate $5.300 $5.435 $5.575 $5.718 $5.864 $6.015 $6.169 $6.323 $6.481 $6.643 $6.809 $6.980 $7.154 $7.333 $7.516 $7.704 $7.897 $8.094 $8.297 $8.504 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ 5,267$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 9,640$ 127$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 37,172$ -$ -$ -$ -$ -$ 82,149$ 1,081$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ 17,931$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 32,819$ 432$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 23,197$ -$ -$ -$ -$ 37,172$ -$ -$ -$ -$ -$ 124,608$ 1,640$ Estimated Annual CIP Collection 2,310$ 2,368$ 2,427$ 2,487$ 2,550$ 2,613$ 2,679$ 2,746$ 2,814$ 2,885$ 2,957$ 3,031$ 3,107$ 3,184$ 3,264$ 3,345$ 3,429$ 3,515$ 3,603$ 124,608$ 1,640$ Estimated CIP Funding Rate $8.717 $8.934 $9.158 $9.387 $9.621 $9.862 $10.108 $10.361 $10.620 $10.886 $11.158 $11.437 $11.723 $12.016 $12.316 $12.624 $12.940 $13.263 $13.595 22 Page 14 of 65 LMD 04 - Williams Ranch Road 23 Page 15 of 65 LMD 04 - Williams Ranch Road Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 689$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 882$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 2,200$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,816$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 7,119$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 10,310$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 10,008$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,698$ -$ -$ -$ -$ 10,310$ -$ Estimated Annual CIP Collection 445$ 457$ 468$ 480$ 493$ 505$ 518$ 532$ 545$ 559$ 574$ 588$ 603$ 619$ 635$ 651$ 668$ Estimated CIP Funding Rate 129 129.00 $3.452 $3.541 $3.631 $3.724 $3.820 $3.918 $4.018 $4.121 $4.227 $4.335 $4.447 $4.561 $4.678 $4.798 $4.921 $5.047 $5.176 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,445$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,615$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 6,060$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 685$ 702$ 720$ 739$ 758$ 777$ 797$ 818$ 839$ 860$ 882$ 905$ 928$ 952$ 976$ 1,001$ 1,027$ 1,053$ 1,080$ 1,108$ Estimated CIP Funding Rate $5.309 $5.445 $5.585 $5.728 $5.875 $6.025 $6.180 $6.338 $6.501 $6.667 $6.838 $7.014 $7.194 $7.378 $7.567 $7.761 $7.960 $8.164 $8.374 $8.588 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,368$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 7,562$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ 19,115$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 19,115$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 9,930$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,136$ 1,165$ 1,195$ 1,226$ 1,257$ 1,290$ 1,323$ 1,356$ 1,390$ 1,424$ 1,460$ 1,497$ 1,534$ 1,572$ 1,612$ 1,652$ 1,693$ 1,736$ 1,779$ 1,823$ Estimated CIP Funding Rate $8.809 $9.034 $9.266 $9.504 $9.747 $9.997 $10.254 $10.510 $10.773 $11.042 $11.318 $11.601 $11.891 $12.188 $12.493 $12.805 $13.125 $13.454 $13.790 $14.135 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,881$ -$ -$ -$ -$ -$ 8,576$ 113$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 12,391$ -$ -$ -$ -$ -$ 27,383$ 360$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ 35,438$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 64,863$ 854$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 35,438$ -$ -$ -$ -$ 16,271$ -$ -$ -$ -$ -$ 100,822$ 1,327$ Estimated Annual CIP Collection 1,869$ 1,916$ 1,964$ 2,013$ 2,063$ 2,115$ 2,167$ 2,222$ 2,277$ 2,334$ 2,392$ 2,452$ 2,514$ 2,576$ 2,641$ 2,707$ 2,774$ 2,844$ 2,915$ 100,822$ 1,327$ Estimated CIP Funding Rate $14.488 $14.850 $15.222 $15.602 $15.992 $16.392 $16.802 $17.222 $17.652 $18.094 $18.546 $19.010 $19.485 $19.972 $20.471 $20.983 $21.508 $22.045 $22.596 24 Page 16 of 65 LMD 05 - Pheasant Run Area 25 Page 17 of 65 LMD 05 - Pheasant Run Area Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 35,395$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 21,619$ -$ Hardscape Surfaces 12,392$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 35,101$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,286$ -$ -$ -$ -$ 47,119$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 82,888$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,286$ -$ -$ -$ -$ 68,738$ -$ Estimated Annual CIP Collection 2,676$ 2,745$ 2,815$ 2,887$ 2,961$ 3,037$ 3,115$ 3,195$ 3,277$ 3,361$ 3,447$ 3,536$ 3,626$ 3,719$ 3,815$ 3,912$ 4,013$ Estimated CIP Funding Rate 217 217.00 $12.333 $12.649 $12.973 $13.306 $13.647 $13.997 $14.356 $14.724 $15.102 $15.489 $15.886 $16.293 $16.711 $17.140 $17.579 $18.030 $18.492 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ 33,539$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,384$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 33,539$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,384$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 4,116$ 4,221$ 4,329$ 4,440$ 4,554$ 4,671$ 4,791$ 4,914$ 5,040$ 5,169$ 5,301$ 5,437$ 5,577$ 5,720$ 5,866$ 6,017$ 6,171$ 6,329$ 6,492$ 6,658$ Estimated CIP Funding Rate $18.966 $19.453 $19.951 $20.463 $20.988 $21.526 $22.078 $22.644 $23.224 $23.820 $24.431 $25.057 $25.700 $26.359 $27.034 $27.728 $28.439 $29.168 $29.916 $30.683 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ 40,080$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 70,351$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ 37,646$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ 87,356$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 8,823$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 127,436$ -$ -$ -$ -$ 37,646$ -$ -$ -$ -$ 79,174$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 6,829$ 7,004$ 7,184$ 7,368$ 7,557$ 7,750$ 7,949$ 8,148$ 8,352$ 8,560$ 8,774$ 8,994$ 9,219$ 9,449$ 9,685$ 9,927$ 10,176$ 10,430$ 10,691$ 10,958$ Estimated CIP Funding Rate $31.470 $32.276 $33.104 $33.953 $34.823 $35.716 $36.632 $37.548 $38.487 $39.449 $40.435 $41.446 $42.482 $43.544 $44.633 $45.749 $46.892 $48.065 $49.266 $50.498 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ 74,306$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 239,894$ 3,157$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 37,646$ 495$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ 161,953$ -$ -$ -$ -$ 14,458$ -$ -$ -$ -$ -$ 328,378$ 4,321$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 236,258$ -$ -$ -$ -$ 14,458$ -$ -$ -$ -$ -$ 605,918$ 7,973$ Estimated Annual CIP Collection 11,232$ 11,513$ 11,801$ 12,096$ 12,398$ 12,708$ 13,026$ 13,351$ 13,685$ 14,027$ 14,378$ 14,737$ 15,106$ 15,483$ 15,870$ 16,267$ 16,674$ 17,091$ 17,518$ 605,918$ 7,973$ Estimated CIP Funding Rate $51.760 $53.054 $54.381 $55.740 $57.134 $58.562 $60.026 $61.527 $63.065 $64.641 $66.257 $67.914 $69.612 $71.352 $73.136 $74.964 $76.838 $78.759 $80.728 26 Page 18 of 65 LMD 06 - Inglewood Street 27 Page 19 of 65 LMD 06 - Inglewood Street Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 2,200$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,748$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 411$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 581$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 2,611$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,748$ -$ -$ -$ -$ 581$ -$ -$ Estimated Annual CIP Collection 134$ 138$ 141$ 145$ 148$ 152$ 156$ 160$ 164$ 168$ 173$ 177$ 182$ 186$ 191$ 196$ 201$ Estimated CIP Funding Rate 22 22.00 $6.097 $6.253 $6.414 $6.578 $6.747 $6.920 $7.097 $7.279 $7.466 $7.657 $7.854 $8.055 $8.261 $8.473 $8.691 $8.913 $9.142 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,502$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,502$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 206$ 212$ 217$ 223$ 228$ 234$ 240$ 246$ 253$ 259$ 266$ 273$ 280$ 287$ 294$ 302$ 309$ 317$ 325$ 334$ Estimated CIP Funding Rate $9.376 $9.617 $9.863 $10.116 $10.376 $10.642 $10.915 $11.194 $11.481 $11.776 $12.078 $12.387 $12.705 $13.031 $13.365 $13.708 $14.059 $14.420 $14.789 $15.169 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 7,377$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ 1,077$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ 1,077$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 7,377$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 342$ 351$ 360$ 369$ 379$ 388$ 398$ 408$ 419$ 429$ 440$ 451$ 462$ 474$ 485$ 498$ 510$ 523$ 536$ 549$ Estimated CIP Funding Rate $15.557 $15.956 $16.366 $16.785 $17.216 $17.657 $18.110 $18.562 $19.026 $19.502 $19.990 $20.489 $21.002 $21.527 $22.065 $22.617 $23.182 $23.761 $24.355 $24.964 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 12,088$ -$ -$ -$ -$ -$ -$ 26,715$ 352$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ 1,996$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,653$ 48$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ 1,996$ -$ -$ -$ -$ 12,088$ -$ -$ -$ -$ -$ -$ 30,369$ 400$ Estimated Annual CIP Collection 563$ 577$ 591$ 606$ 621$ 637$ 653$ 669$ 686$ 703$ 721$ 739$ 757$ 776$ 795$ 815$ 836$ 857$ 878$ 30,369$ 400$ Estimated CIP Funding Rate $25.588 $26.228 $26.884 $27.556 $28.245 $28.951 $29.675 $30.417 $31.177 $31.957 $32.755 $33.574 $34.414 $35.274 $36.156 $37.060 $37.986 $38.936 $39.909 28 Page 20 of 65 LMD 07 - Moorpark Business Park 29 Page 21 of 65 LMD 07 - Moorpark Business Park Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces 32,080$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 4,400$ -$ -$ -$ -$ -$ -$ -$ -$ 5,361$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 7,104$ -$ -$ -$ -$ -$ -$ -$ -$ 3,457$ -$ -$ -$ -$ 5,882$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas 98$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 43,682$ -$ -$ -$ -$ -$ -$ -$ -$ 8,818$ -$ -$ -$ -$ 5,882$ -$ -$ -$ Estimated Annual CIP Collection 954$ 978$ 1,003$ 1,029$ 1,056$ 1,083$ 1,110$ 1,139$ 1,168$ 1,198$ 1,229$ 1,260$ 1,293$ 1,326$ 1,360$ 1,395$ 1,430$ Estimated CIP Funding Rate 96 92.10 $10.358 $10.624 $10.896 $11.175 $11.462 $11.756 $12.057 $12.366 $12.683 $13.009 $13.342 $13.684 $14.035 $14.395 $14.764 $15.143 $15.531 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 8,785$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,664$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ 153$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ 153$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 14,449$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,467$ 1,505$ 1,543$ 1,583$ 1,623$ 1,665$ 1,708$ 1,751$ 1,796$ 1,842$ 1,890$ 1,938$ 1,988$ 2,039$ 2,091$ 2,145$ 2,200$ 2,256$ 2,314$ 2,373$ Estimated CIP Funding Rate $15.929 $16.338 $16.757 $17.186 $17.627 $18.079 $18.543 $19.018 $19.506 $20.006 $20.519 $21.045 $21.584 $22.138 $22.706 $23.288 $23.885 $24.497 $25.125 $25.770 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ 92,760$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 14,395$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ 10,905$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 9,281$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 321$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ 10,905$ -$ -$ -$ -$ 92,760$ -$ -$ -$ -$ 23,996$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 2,434$ 2,497$ 2,561$ 2,626$ 2,694$ 2,763$ 2,833$ 2,904$ 2,977$ 3,051$ 3,128$ 3,206$ 3,286$ 3,368$ 3,452$ 3,539$ 3,627$ 3,718$ 3,811$ 3,906$ Estimated CIP Funding Rate $26.430 $27.108 $27.803 $28.516 $29.247 $29.997 $30.766 $31.536 $32.324 $33.132 $33.960 $34.809 $35.680 $36.572 $37.486 $38.423 $39.384 $40.368 $41.377 $42.412 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 92,760$ 1,221$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 23,587$ -$ -$ -$ -$ -$ -$ -$ 52,127$ 686$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ 20,217$ -$ -$ -$ -$ 15,208$ -$ -$ -$ -$ -$ -$ -$ 70,615$ 929$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 473$ 6$ Total CIP Budget -$ -$ -$ -$ -$ -$ 20,217$ -$ -$ -$ -$ 38,795$ -$ -$ -$ -$ -$ -$ -$ 215,975$ 2,842$ Estimated Annual CIP Collection 4,004$ 4,104$ 4,206$ 4,311$ 4,419$ 4,530$ 4,643$ 4,759$ 4,878$ 5,000$ 5,125$ 5,253$ 5,384$ 5,519$ 5,657$ 5,798$ 5,943$ 6,092$ 6,244$ 215,975$ 2,842$ Estimated CIP Funding Rate $43.472 $44.559 $45.673 $46.815 $47.985 $49.185 $50.414 $51.675 $52.966 $54.291 $55.648 $57.039 $58.465 $59.927 $61.425 $62.960 $64.534 $66.148 $67.802 30 Page 22 of 65 LMD 08 - Home Acres Buffer Area 31 Page 23 of 65 LMD 08 - Home Acres Buffer Area Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 3,225$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,028$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 32,185$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 40,195$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 35,410$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 44,222$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,899$ 1,948$ 1,998$ 2,049$ 2,102$ 2,155$ 2,211$ 2,267$ 2,326$ 2,385$ 2,446$ 2,509$ 2,573$ 2,639$ 2,707$ 2,777$ 2,848$ Estimated CIP Funding Rate 699 699.00 $2.717 $2.787 $2.858 $2.931 $3.007 $3.084 $3.163 $3.244 $3.327 $3.412 $3.500 $3.590 $3.682 $3.776 $3.873 $3.972 $4.074 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 6,600$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 65,863$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 72,463$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 2,921$ 2,996$ 3,072$ 3,151$ 3,232$ 3,315$ 3,400$ 3,487$ 3,576$ 3,668$ 3,762$ 3,859$ 3,958$ 4,059$ 4,163$ 4,270$ 4,379$ 4,492$ 4,607$ 4,725$ Estimated CIP Funding Rate $4.178 $4.286 $4.395 $4.508 $4.624 $4.742 $4.864 $4.989 $5.117 $5.248 $5.382 $5.520 $5.662 $5.807 $5.956 $6.109 $6.265 $6.426 $6.591 $6.760 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 10,814$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 107,925$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 118,739$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 4,846$ 4,970$ 5,098$ 5,229$ 5,363$ 5,500$ 5,641$ 5,782$ 5,927$ 6,075$ 6,227$ 6,382$ 6,542$ 6,706$ 6,873$ 7,045$ 7,221$ 7,402$ 7,587$ 7,776$ Estimated CIP Funding Rate $6.933 $7.111 $7.293 $7.480 $7.672 $7.869 $8.070 $8.272 $8.479 $8.691 $8.908 $9.131 $9.359 $9.593 $9.833 $10.079 $10.331 $10.589 $10.854 $11.125 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 17,720$ -$ -$ -$ -$ -$ -$ 39,162$ 515$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 176,848$ -$ -$ -$ -$ -$ -$ 390,831$ 5,143$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 194,568$ -$ -$ -$ -$ -$ -$ 429,993$ 5,658$ Estimated Annual CIP Collection 7,971$ 8,170$ 8,374$ 8,584$ 8,798$ 9,018$ 9,244$ 9,475$ 9,712$ 9,954$ 10,203$ 10,458$ 10,720$ 10,988$ 11,263$ 11,544$ 11,833$ 12,129$ 12,432$ 429,993$ 5,658$ Estimated CIP Funding Rate $11.403 $11.688 $11.981 $12.280 $12.587 $12.902 $13.224 $13.555 $13.894 $14.241 $14.597 $14.962 $15.336 $15.719 $16.112 $16.515 $16.928 $17.351 $17.785 32 Page 24 of 65 LMD 09 - Moorpark Industrial Park 33 Page 25 of 65 LMD 09 - Moorpark Industrial Park Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 2,200$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,748$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 7,176$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 10,139$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 9,376$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,748$ -$ -$ -$ -$ 10,139$ -$ -$ Estimated Annual CIP Collection 400$ 410$ 420$ 431$ 442$ 454$ 465$ 477$ 489$ 502$ 515$ 528$ 542$ 556$ 570$ 584$ 599$ Estimated CIP Funding Rate 10 49.49 $8.077 $8.284 $8.497 $8.714 $8.938 $9.167 $9.402 $9.643 $9.890 $10.144 $10.404 $10.671 $10.945 $11.225 $11.513 $11.808 $12.111 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,502$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,502$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 615$ 631$ 647$ 663$ 680$ 698$ 716$ 734$ 753$ 772$ 792$ 812$ 833$ 854$ 876$ 899$ 922$ 945$ 970$ 994$ Estimated CIP Funding Rate $12.422 $12.740 $13.067 $13.402 $13.745 $14.098 $14.459 $14.830 $15.210 $15.600 $16.000 $16.411 $16.831 $17.263 $17.706 $18.160 $18.625 $19.103 $19.593 $20.095 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 7,377$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ 18,798$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ 18,798$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 7,377$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,020$ 1,046$ 1,073$ 1,100$ 1,129$ 1,158$ 1,187$ 1,217$ 1,247$ 1,279$ 1,311$ 1,343$ 1,377$ 1,411$ 1,447$ 1,483$ 1,520$ 1,558$ 1,597$ 1,637$ Estimated CIP Funding Rate $20.610 $21.139 $21.681 $22.237 $22.807 $23.392 $23.991 $24.591 $25.206 $25.836 $26.482 $27.144 $27.823 $28.518 $29.231 $29.962 $30.711 $31.479 $32.266 $33.072 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 12,088$ -$ -$ -$ -$ -$ -$ 26,715$ 352$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ 34,851$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 63,788$ 839$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ 34,851$ -$ -$ -$ -$ 12,088$ -$ -$ -$ -$ -$ -$ 90,503$ 1,191$ Estimated Annual CIP Collection 1,678$ 1,720$ 1,763$ 1,807$ 1,852$ 1,898$ 1,946$ 1,994$ 2,044$ 2,095$ 2,148$ 2,201$ 2,256$ 2,313$ 2,370$ 2,430$ 2,491$ 2,553$ 2,617$ 90,503$ 1,191$ Estimated CIP Funding Rate $33.899 $34.747 $35.615 $36.506 $37.418 $38.354 $39.313 $40.295 $41.303 $42.335 $43.394 $44.479 $45.591 $46.730 $47.899 $49.096 $50.323 $51.582 $52.871 34 Page 26 of 65 LMD 10 - Mountain Meadows 35 Page 27 of 65 LMD 10 - Mountain Meadows Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 60,807$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 85,919$ -$ -$ Hardscape Surfaces 400,240$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 16,450$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 20,544$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 351,822$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 497,115$ -$ -$ Non-Irrigated Landscaping/Natural Areas 10,036$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,323$ -$ -$ Total CIP Budget 839,355$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 20,544$ -$ -$ -$ -$ 584,356$ -$ -$ Estimated Annual CIP Collection 22,558$ 23,136$ 23,729$ 24,338$ 24,962$ 25,602$ 26,258$ 26,932$ 27,622$ 28,330$ 29,057$ 29,802$ 30,566$ 31,350$ 32,154$ 32,978$ 33,824$ Estimated CIP Funding Rate 2,453 2,456.06 $9.185 $9.420 $9.662 $9.909 $10.163 $10.424 $10.691 $10.965 $11.247 $11.535 $11.831 $12.134 $12.445 $12.764 $13.092 $13.427 $13.772 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 33,663$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ 14,548$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ 14,548$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 33,663$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 34,691$ 35,580$ 36,493$ 37,428$ 38,388$ 39,372$ 40,382$ 41,417$ 42,479$ 43,569$ 44,686$ 45,832$ 47,007$ 48,212$ 49,448$ 50,716$ 52,017$ 53,350$ 54,718$ 56,121$ Estimated CIP Funding Rate $14.125 $14.487 $14.858 $15.239 $15.630 $16.031 $16.442 $16.863 $17.296 $17.739 $18.194 $18.661 $19.139 $19.630 $20.133 $20.649 $21.179 $21.722 $22.279 $22.850 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ 159,288$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ 1,186,232$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 55,161$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ 921,622$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ 2,452$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 30,515$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ 1,083,362$ -$ -$ -$ -$ 1,186,232$ -$ -$ -$ -$ 85,676$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 57,560$ 59,036$ 60,550$ 62,103$ 63,695$ 65,328$ 67,003$ 68,678$ 70,395$ 72,155$ 73,959$ 75,808$ 77,703$ 79,646$ 81,637$ 83,678$ 85,770$ 87,914$ 90,112$ 92,365$ Estimated CIP Funding Rate $23.436 $24.037 $24.653 $25.286 $25.934 $26.599 $27.281 $27.963 $28.662 $29.378 $30.113 $30.866 $31.637 $32.428 $33.239 $34.070 $34.922 $35.795 $36.690 $37.607 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ 295,311$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 540,518$ 7,112$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,186,232$ 15,608$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 90,388$ -$ -$ -$ -$ -$ -$ 199,757$ 2,628$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ 1,708,636$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,127,373$ 41,150$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ 4,546$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 53,383$ 702$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ 2,008,493$ -$ -$ -$ -$ 90,388$ -$ -$ -$ -$ -$ -$ 5,107,263$ 67,201$ Estimated Annual CIP Collection 94,674$ 97,041$ 99,467$ 101,953$ 104,502$ 107,115$ 109,793$ 112,537$ 115,351$ 118,235$ 121,191$ 124,220$ 127,326$ 130,509$ 133,772$ 137,116$ 140,544$ 144,057$ 147,659$ 5,107,263$ 67,201$ Estimated CIP Funding Rate $38.547 $39.511 $40.499 $41.511 $42.549 $43.612 $44.703 $45.820 $46.966 $48.140 $49.344 $50.577 $51.842 $53.138 $54.466 $55.828 $57.223 $58.654 $60.120 36 Page 28 of 65 LMD 11 - Alyssas Court 37 Page 29 of 65 LMD 11 - Alyssas Court Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 4,508$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 6,370$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 2,200$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,748$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 1,088$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,359$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 7,796$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,106$ -$ -$ -$ -$ 6,370$ -$ -$ Estimated Annual CIP Collection 353$ 362$ 372$ 381$ 391$ 401$ 411$ 422$ 433$ 444$ 455$ 467$ 479$ 491$ 504$ 517$ 530$ Estimated CIP Funding Rate 9 9.00 $39.260 $40.267 $41.299 $42.358 $43.444 $44.558 $45.701 $46.872 $48.074 $49.307 $50.571 $51.868 $53.198 $54.562 $55.961 $57.396 $58.867 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,502$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,226$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 6,729$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 543$ 557$ 572$ 586$ 601$ 617$ 633$ 649$ 665$ 682$ 700$ 718$ 736$ 755$ 775$ 794$ 815$ 836$ 857$ 879$ Estimated CIP Funding Rate $60.377 $61.925 $63.513 $65.141 $66.812 $68.525 $70.282 $72.084 $73.932 $75.828 $77.772 $79.766 $81.812 $83.909 $86.061 $88.268 $90.531 $92.852 $95.233 $97.675 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ 11,809$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 7,377$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,648$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ 11,809$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 11,026$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 902$ 925$ 948$ 973$ 998$ 1,023$ 1,050$ 1,076$ 1,103$ 1,130$ 1,158$ 1,187$ 1,217$ 1,248$ 1,279$ 1,311$ 1,343$ 1,377$ 1,411$ 1,447$ Estimated CIP Funding Rate $100.179 $102.748 $105.383 $108.085 $110.856 $113.698 $116.614 $119.529 $122.517 $125.580 $128.720 $131.938 $135.236 $138.617 $142.083 $145.635 $149.276 $153.007 $156.833 $160.753 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ 21,893$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 40,072$ 527$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 12,088$ -$ -$ -$ -$ -$ -$ 26,715$ 352$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,978$ -$ -$ -$ -$ -$ -$ 13,212$ 174$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ 21,893$ -$ -$ -$ -$ 18,067$ -$ -$ -$ -$ -$ -$ 79,999$ 1,053$ Estimated Annual CIP Collection 1,483$ 1,520$ 1,558$ 1,597$ 1,637$ 1,678$ 1,720$ 1,763$ 1,807$ 1,852$ 1,898$ 1,946$ 1,994$ 2,044$ 2,095$ 2,148$ 2,201$ 2,256$ 2,313$ 79,999$ 1,053$ Estimated CIP Funding Rate $164.772 $168.892 $173.114 $177.442 $181.878 $186.425 $191.085 $195.862 $200.759 $205.778 $210.922 $216.195 $221.600 $227.140 $232.819 $238.639 $244.605 $250.720 $256.988 38 Page 30 of 65 LMD 12 - Carlsberg 39 Page 31 of 65 LMD 12 - Carlsberg Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 285,396$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces 85,424$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 20,525$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 27,604$ -$ -$ -$ -$ Landscaping & Irrigation 317,901$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas 26,262$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 735,508$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 27,604$ -$ -$ -$ -$ Estimated Annual CIP Collection 26,814$ 27,502$ 28,207$ 28,930$ 29,672$ 30,433$ 31,213$ 32,014$ 32,835$ 33,676$ 34,540$ 35,426$ 36,334$ 37,266$ 38,221$ 39,201$ 40,206$ Estimated CIP Funding Rate 605 610.24 $43.941 $45.067 $46.223 $47.408 $48.624 $49.871 $51.149 $52.461 $53.806 $55.186 $56.601 $58.052 $59.540 $61.067 $62.633 $64.239 $65.886 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls 30,502$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 584,766$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 45,232$ -$ -$ -$ -$ Landscaping & Irrigation 483,724$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ 45,212$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 514,226$ -$ -$ -$ -$ 45,212$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 629,998$ -$ -$ -$ -$ Estimated Annual CIP Collection 41,237$ 42,295$ 43,379$ 44,491$ 45,632$ 46,802$ 48,002$ 49,233$ 50,495$ 51,790$ 53,118$ 54,480$ 55,877$ 57,310$ 58,779$ 60,286$ 61,832$ 63,418$ 65,044$ 66,712$ Estimated CIP Funding Rate $67.575 $69.308 $71.085 $72.908 $74.777 $76.695 $78.661 $80.678 $82.747 $84.869 $87.045 $89.277 $91.566 $93.914 $96.322 $98.791 $101.325 $103.923 $106.587 $109.320 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ 56,550$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 272,647$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 74,118$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 896,795$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 94,835$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 953,345$ -$ -$ -$ -$ 272,647$ -$ -$ -$ -$ 168,953$ -$ -$ -$ -$ Estimated Annual CIP Collection 68,422$ 70,177$ 71,976$ 73,822$ 75,714$ 77,656$ 79,647$ 81,638$ 83,679$ 85,771$ 87,915$ 90,113$ 92,366$ 94,675$ 97,042$ 99,468$ 101,955$ 104,504$ 107,116$ 109,794$ Estimated CIP Funding Rate $112.123 $114.998 $117.947 $120.971 $124.073 $127.255 $130.517 $133.780 $137.125 $140.553 $144.067 $147.669 $151.360 $155.144 $159.023 $162.998 $167.073 $171.250 $175.531 $179.920 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 104,840$ -$ -$ -$ -$ 1,570,134$ -$ -$ -$ 2,346,791$ 30,879$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 272,647$ 3,588$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 121,451$ -$ -$ -$ 268,405$ 3,532$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,662,609$ -$ -$ -$ -$ -$ -$ -$ -$ 3,043,128$ 40,042$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 140,047$ 1,843$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,767,449$ -$ -$ -$ -$ 1,691,584$ -$ -$ -$ 6,071,017$ 79,883$ Estimated Annual CIP Collection 112,539$ 115,353$ 118,236$ 121,192$ 124,222$ 127,328$ 130,511$ 133,774$ 137,118$ 140,546$ 144,060$ 147,661$ 151,353$ 155,136$ 159,015$ 162,990$ 167,065$ 171,242$ 175,523$ 6,071,017$ 79,882$ Estimated CIP Funding Rate $184.418 $189.028 $193.754 $198.598 $203.563 $208.652 $213.868 $219.215 $224.695 $230.313 $236.070 $241.972 $248.021 $254.222 $260.577 $267.092 $273.769 $280.613 $287.629 40 Page 32 of 65 LMD 14 - Silver Oak Lane 41 Page 33 of 65 LMD 14 - Silver Oak Lane Estimated Capital Improvement Budget over the next 75 years Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 2,520$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 2,520$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 107$ 109$ 112$ 115$ 118$ 121$ 124$ 127$ 130$ 134$ 137$ 141$ 144$ 148$ 152$ 156$ 160$ Estimated CIP Funding Rate 10 10.00 $10.655 $10.928 $11.208 $11.495 $11.790 $12.092 $12.403 $12.721 $13.047 $13.381 $13.724 $14.076 $14.437 $14.807 $15.187 $15.576 $15.976 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 3,834$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 3,834$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 164$ 168$ 172$ 177$ 181$ 186$ 191$ 196$ 201$ 206$ 211$ 216$ 222$ 228$ 234$ 240$ 246$ 252$ 258$ 265$ Estimated CIP Funding Rate $16.385 $16.806 $17.236 $17.678 $18.132 $18.597 $19.073 $19.563 $20.064 $20.579 $21.106 $21.647 $22.203 $22.772 $23.356 $23.955 $24.569 $25.199 $25.845 $26.508 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 7,109$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 7,109$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 272$ 279$ 286$ 293$ 301$ 309$ 316$ 324$ 332$ 341$ 349$ 358$ 367$ 376$ 386$ 395$ 405$ 415$ 426$ 436$ Estimated CIP Funding Rate $27.187 $27.884 $28.599 $29.333 $30.085 $30.856 $31.647 $32.439 $33.250 $34.081 $34.933 $35.806 $36.701 $37.619 $38.559 $39.523 $40.511 $41.524 $42.562 $43.626 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 13,180$ -$ -$ -$ -$ -$ -$ -$ -$ 24,123$ 317$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 13,180$ -$ -$ -$ -$ -$ -$ -$ -$ 24,123$ 317$ Estimated Annual CIP Collection 447$ 458$ 470$ 482$ 494$ 506$ 519$ 532$ 545$ 558$ 572$ 587$ 601$ 616$ 632$ 648$ 664$ 680$ 697$ 24,123$ 317$ Estimated CIP Funding Rate $44.717 $45.835 $46.981 $48.155 $49.359 $50.593 $51.858 $53.154 $54.483 $55.845 $57.241 $58.672 $60.139 $61.643 $63.184 $64.763 $66.382 $68.042 $69.743 42 Page 34 of 65 LMD 15 - Country Club Estates & The Masters at Moorpark County Club 43 Page 35 of 65 LMD 15 - Country Club Estates & The Masters at Moorpark County Club Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 880,483$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 52,525$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 76,072$ -$ Landscaping & Irrigation 95,745$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 11,543$ -$ Non-Irrigated Landscaping/Natural Areas 571$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 1,029,324$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 87,615$ -$ Estimated Annual CIP Collection 46,744$ 47,943$ 49,172$ 50,433$ 51,726$ 53,052$ 54,413$ 55,808$ 57,239$ 58,707$ 60,212$ 61,756$ 63,339$ 64,963$ 66,629$ 68,338$ 70,090$ Estimated CIP Funding Rate 269 374.00 $124.985 $128.189 $131.476 $134.848 $138.305 $141.851 $145.489 $149.219 $153.045 $156.970 $160.994 $165.122 $169.356 $173.699 $178.153 $182.721 $187.406 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ 1,351,881$ -$ -$ -$ -$ 102,834$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 124,652$ -$ Landscaping & Irrigation -$ -$ -$ 143,829$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 18,914$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ 1,059$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 1,495,710$ -$ -$ -$ -$ 103,893$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 143,567$ -$ Estimated Annual CIP Collection 71,887$ 73,730$ 75,621$ 77,560$ 79,548$ 81,588$ 83,680$ 85,826$ 88,026$ 90,283$ 92,598$ 94,973$ 97,408$ 99,906$ 102,467$ 105,095$ 107,789$ 110,553$ 113,388$ 116,295$ Estimated CIP Funding Rate $192.211 $197.140 $202.194 $207.379 $212.696 $218.150 $223.744 $229.481 $235.365 $241.400 $247.590 $253.938 $260.449 $267.127 $273.977 $281.002 $288.207 $295.597 $303.176 $310.950 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ 2,506,311$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 215,702$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 204,257$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ 266,651$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 30,993$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,220$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 2,772,962$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 453,173$ -$ Estimated Annual CIP Collection 119,277$ 122,336$ 125,472$ 128,690$ 131,989$ 135,374$ 138,845$ 142,316$ 145,874$ 149,521$ 153,259$ 157,090$ 161,018$ 165,043$ 169,169$ 173,398$ 177,733$ 182,177$ 186,731$ 191,399$ Estimated CIP Funding Rate $318.923 $327.101 $335.488 $344.090 $352.913 $361.962 $371.243 $380.524 $390.037 $399.788 $409.783 $420.027 $430.528 $441.291 $452.324 $463.632 $475.222 $487.103 $499.281 $511.763 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,646,561$ -$ -$ -$ -$ -$ 8,823,289$ 116,096$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 334,700$ 739,681$ 9,733$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 494,357$ -$ -$ -$ -$ 50,786$ 1,017,075$ 13,383$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,279$ 43$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,140,918$ -$ -$ -$ -$ 385,486$ 10,583,324$ 139,255$ Estimated Annual CIP Collection 196,184$ 201,089$ 206,116$ 211,269$ 216,551$ 221,964$ 227,514$ 233,201$ 239,031$ 245,007$ 251,132$ 257,411$ 263,846$ 270,442$ 277,203$ 284,133$ 291,237$ 298,517$ 305,980$ 10,583,324$ 139,254$ Estimated CIP Funding Rate $524.557 $537.671 $551.112 $564.890 $579.012 $593.488 $608.325 $623.533 $639.121 $655.099 $671.477 $688.264 $705.470 $723.107 $741.185 $759.715 $778.707 $798.175 $818.129 44 Page 36 of 65 LMD 16 - Mountain View 45 Page 37 of 65 LMD 16 - Mountain View Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 4,370$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 4,400$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,918$ -$ -$ -$ -$ Landscaping & Irrigation 2,309$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 11,079$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,918$ -$ -$ -$ -$ Estimated Annual CIP Collection 537$ 550$ 564$ 579$ 594$ 609$ 625$ 641$ 657$ 674$ 691$ 709$ 727$ 746$ 765$ 784$ 804$ Estimated CIP Funding Rate 59 59.00 $9.094 $9.327 $9.566 $9.811 $10.063 $10.321 $10.585 $10.857 $11.135 $11.421 $11.714 $12.014 $12.322 $12.638 $12.962 $13.294 $13.635 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls 6,649$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 9,697$ -$ -$ -$ -$ Landscaping & Irrigation 3,513$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 10,163$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 9,697$ -$ -$ -$ -$ Estimated Annual CIP Collection 825$ 846$ 868$ 890$ 913$ 936$ 960$ 985$ 1,010$ 1,036$ 1,063$ 1,090$ 1,118$ 1,147$ 1,176$ 1,206$ 1,237$ 1,269$ 1,301$ 1,335$ Estimated CIP Funding Rate $13.985 $14.344 $14.711 $15.088 $15.475 $15.872 $16.279 $16.697 $17.125 $17.564 $18.014 $18.476 $18.950 $19.436 $19.934 $20.445 $20.969 $21.507 $22.059 $22.624 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ 12,328$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 15,889$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 6,514$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 18,841$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 15,889$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,369$ 1,404$ 1,440$ 1,477$ 1,515$ 1,554$ 1,594$ 1,633$ 1,674$ 1,716$ 1,759$ 1,803$ 1,848$ 1,894$ 1,942$ 1,990$ 2,040$ 2,091$ 2,143$ 2,197$ Estimated CIP Funding Rate $23.204 $23.799 $24.409 $25.035 $25.677 $26.336 $27.011 $27.686 $28.378 $29.088 $29.815 $30.560 $31.324 $32.107 $32.910 $33.733 $34.576 $35.441 $36.327 $37.235 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 22,855$ -$ -$ -$ -$ -$ -$ -$ -$ 41,832$ 550$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 26,036$ -$ -$ -$ 57,539$ 757$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 12,076$ -$ -$ -$ -$ -$ -$ -$ -$ 22,103$ 291$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 34,931$ -$ -$ -$ -$ 26,036$ -$ -$ -$ 121,474$ 1,598$ Estimated Annual CIP Collection 2,252$ 2,308$ 2,366$ 2,425$ 2,486$ 2,548$ 2,611$ 2,677$ 2,744$ 2,812$ 2,882$ 2,955$ 3,028$ 3,104$ 3,182$ 3,261$ 3,343$ 3,426$ 3,512$ 121,474$ 1,598$ Estimated CIP Funding Rate $38.166 $39.120 $40.098 $41.100 $42.128 $43.181 $44.260 $45.367 $46.501 $47.664 $48.855 $50.077 $51.329 $52.612 $53.927 $55.275 $56.657 $58.074 $59.525 46 Page 38 of 65 LMD 18 - Moonsong Court 47 Page 39 of 65 LMD 18 - Moonsong Court Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 11,765$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 7,625$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 10,255$ -$ -$ -$ -$ Landscaping & Irrigation 6,282$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas 113$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 25,785$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 10,255$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,206$ 1,237$ 1,269$ 1,301$ 1,335$ 1,369$ 1,404$ 1,440$ 1,477$ 1,515$ 1,554$ 1,593$ 1,634$ 1,676$ 1,719$ 1,763$ 1,808$ Estimated CIP Funding Rate 25 25.00 $48.244 $49.481 $50.750 $52.051 $53.385 $54.754 $56.158 $57.598 $59.075 $60.590 $62.143 $63.737 $65.371 $67.047 $68.766 $70.530 $72.338 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls 17,902$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 16,804$ -$ -$ -$ -$ Landscaping & Irrigation 9,559$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ 195$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 27,461$ -$ -$ -$ -$ 195$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 16,804$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,855$ 1,902$ 1,951$ 2,001$ 2,053$ 2,105$ 2,159$ 2,214$ 2,271$ 2,329$ 2,389$ 2,450$ 2,513$ 2,578$ 2,644$ 2,712$ 2,781$ 2,852$ 2,926$ 3,001$ Estimated CIP Funding Rate $74.193 $76.095 $78.047 $80.048 $82.100 $84.205 $86.364 $88.579 $90.850 $93.180 $95.569 $98.019 $100.533 $103.110 $105.754 $108.466 $111.247 $114.100 $117.025 $120.026 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ 33,189$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 27,535$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 17,721$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 408$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 50,910$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 27,943$ -$ -$ -$ -$ Estimated Annual CIP Collection 3,078$ 3,156$ 3,237$ 3,320$ 3,406$ 3,493$ 3,582$ 3,672$ 3,764$ 3,858$ 3,954$ 4,053$ 4,155$ 4,258$ 4,365$ 4,474$ 4,586$ 4,701$ 4,818$ 4,938$ Estimated CIP Funding Rate $123.103 $126.260 $129.497 $132.818 $136.223 $139.716 $143.299 $146.881 $150.553 $154.317 $158.175 $162.129 $166.183 $170.337 $174.596 $178.961 $183.435 $188.020 $192.721 $197.539 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 61,530$ -$ -$ -$ -$ -$ -$ -$ -$ 112,621$ 1,482$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 45,119$ -$ -$ -$ 99,712$ 1,312$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 32,855$ -$ -$ -$ -$ -$ -$ -$ -$ 60,135$ 791$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 603$ 8$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 94,385$ -$ -$ -$ -$ 45,119$ -$ -$ -$ 273,070$ 3,593$ Estimated Annual CIP Collection 5,062$ 5,188$ 5,318$ 5,451$ 5,587$ 5,727$ 5,870$ 6,017$ 6,167$ 6,322$ 6,480$ 6,642$ 6,808$ 6,978$ 7,152$ 7,331$ 7,514$ 7,702$ 7,895$ 273,070$ 3,593$ Estimated CIP Funding Rate $202.477 $207.539 $212.728 $218.046 $223.497 $229.085 $234.812 $240.682 $246.699 $252.867 $259.188 $265.668 $272.310 $279.117 $286.095 $293.248 $300.579 $308.093 $315.796 48 Page 40 of 65 LMD 19 - Campus Plaza (Including backup Landscaping Areas) 49 Page 41 of 65 LMD 19 - Campus Plaza (Excluding backup Landscaping Areas) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces 73,824$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 73,824$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,041$ 1,067$ 1,095$ 1,123$ 1,152$ 1,181$ 1,211$ 1,242$ 1,274$ 1,307$ 1,341$ 1,375$ 1,410$ 1,446$ 1,483$ 1,521$ 1,560$ Estimated CIP Funding Rate 4 6.24 $166.780 $171.050 $175.440 $179.940 $184.550 $189.290 $194.140 $199.120 $204.220 $209.460 $214.830 $220.340 $225.990 $231.780 $237.730 $243.820 $250.070 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,600$ 1,642$ 1,684$ 1,727$ 1,771$ 1,816$ 1,863$ 1,911$ 1,960$ 2,010$ 2,062$ 2,114$ 2,169$ 2,224$ 2,281$ 2,340$ 2,400$ 2,461$ 2,524$ 2,589$ Estimated CIP Funding Rate $256.480 $263.060 $269.810 $276.720 $283.820 $291.100 $298.560 $306.220 $314.070 $322.120 $330.380 $338.850 $347.540 $356.450 $365.590 $374.970 $384.580 $394.440 $404.560 $414.930 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 235,623$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 235,623$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 2,656$ 2,724$ 2,793$ 2,865$ 2,939$ 3,014$ 3,091$ 3,168$ 3,248$ 3,329$ 3,412$ 3,497$ 3,585$ 3,674$ 3,766$ 3,860$ 3,957$ 4,056$ 4,157$ 4,261$ Estimated CIP Funding Rate $425.570 $436.480 $447.670 $459.150 $470.920 $483.000 $495.380 $507.770 $520.460 $533.470 $546.810 $560.480 $574.490 $588.860 $603.580 $618.670 $634.130 $649.990 $666.240 $682.890 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 235,623$ 3,100$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 235,623$ 3,100$ Estimated Annual CIP Collection 4,368$ 4,477$ 4,589$ 4,704$ 4,821$ 4,942$ 5,065$ 5,192$ 5,322$ 5,455$ 5,591$ 5,731$ 5,874$ 6,021$ 6,172$ 6,326$ 6,484$ 6,646$ 6,812$ 235,623$ 3,100$ Estimated CIP Funding Rate $699.960 $717.460 $735.400 $753.780 $772.630 $791.940 $811.740 $832.040 $852.840 $874.160 $896.010 $918.410 $941.370 $964.910 $989.030 $1,013.760 $1,039.100 $1,065.080 $1,091.700 50 Page 42 of 65 LMD 19 - Campus Plaza (Backup Landscaping Areas Only) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 14,085$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,452$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas 2,238$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 16,323$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,452$ -$ -$ -$ -$ Estimated Annual CIP Collection 699$ 717$ 736$ 755$ 774$ 794$ 814$ 835$ 856$ 878$ 901$ 924$ 948$ 972$ 997$ 1,023$ 1,049$ Estimated CIP Funding Rate 4 6.24 $112.090 $114.970 $117.910 $120.940 $124.040 $127.220 $130.480 $133.830 $137.260 $140.780 $144.390 $148.090 $151.890 $155.780 $159.780 $163.870 $168.080 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 16,395$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 7,294$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ 3,853$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 16,395$ -$ -$ -$ -$ 3,853$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 7,294$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,076$ 1,103$ 1,132$ 1,161$ 1,190$ 1,221$ 1,252$ 1,284$ 1,317$ 1,351$ 1,386$ 1,421$ 1,458$ 1,495$ 1,533$ 1,573$ 1,613$ 1,654$ 1,697$ 1,740$ Estimated CIP Funding Rate $172.380 $176.800 $181.340 $185.990 $190.760 $195.650 $200.660 $205.810 $211.090 $216.500 $222.050 $227.740 $233.580 $239.570 $245.720 $252.020 $258.480 $265.110 $271.900 $278.880 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 30,396$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 11,953$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 8,082$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 30,396$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 20,034$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,785$ 1,831$ 1,878$ 1,926$ 1,975$ 2,026$ 2,078$ 2,130$ 2,183$ 2,237$ 2,293$ 2,351$ 2,409$ 2,470$ 2,531$ 2,595$ 2,660$ 2,726$ 2,794$ 2,864$ Estimated CIP Funding Rate $286.030 $293.360 $300.880 $308.600 $316.510 $324.630 $332.950 $341.270 $349.810 $358.550 $367.510 $376.700 $386.120 $395.770 $405.670 $415.810 $426.200 $436.860 $447.780 $458.970 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 56,353$ -$ -$ -$ -$ 19,586$ -$ -$ -$ 146,429$ 1,927$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 11,935$ 157$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 56,353$ -$ -$ -$ -$ 19,586$ -$ -$ -$ 158,364$ 2,084$ Estimated Annual CIP Collection 2,936$ 3,009$ 3,084$ 3,161$ 3,240$ 3,321$ 3,404$ 3,490$ 3,577$ 3,666$ 3,758$ 3,852$ 3,948$ 4,047$ 4,148$ 4,252$ 4,358$ 4,467$ 4,579$ 158,364$ 2,084$ Estimated CIP Funding Rate $470.450 $482.210 $494.270 $506.620 $519.290 $532.270 $545.580 $559.220 $573.200 $587.530 $602.210 $617.270 $632.700 $648.520 $664.730 $681.350 $698.380 $715.840 $733.740 51 Page 43 of 65 LMD 20 - Meridian Hills 52 Page 44 of 65 LMD 20 - Meridian Hills Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 233,691$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces 161,789$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 364,540$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 38,685$ -$ Non-Irrigated Landscaping/Natural Areas 33,835$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 793,855$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 38,685$ -$ Estimated Annual CIP Collection 34,959$ 35,855$ 36,774$ 37,717$ 38,684$ 39,676$ 40,694$ 41,737$ 42,807$ 43,905$ 45,031$ 46,185$ 47,370$ 48,584$ 49,830$ 51,108$ 52,418$ Estimated CIP Funding Rate 248 248.00 $140.963 $144.577 $148.284 $152.086 $155.986 $159.985 $164.088 $168.295 $172.610 $177.036 $181.576 $186.231 $191.007 $195.904 $200.927 $206.079 $211.363 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ 373,157$ -$ -$ -$ -$ 11,057$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ 213,880$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ 553,571$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 63,391$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ 9,751$ -$ -$ -$ -$ 51,695$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 1,150,359$ -$ -$ -$ -$ 62,752$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 63,391$ -$ Estimated Annual CIP Collection 53,762$ 55,141$ 56,555$ 58,005$ 59,492$ 61,017$ 62,582$ 64,187$ 65,832$ 67,520$ 69,252$ 71,027$ 72,849$ 74,717$ 76,632$ 78,597$ 80,613$ 82,680$ 84,800$ 86,974$ Estimated CIP Funding Rate $216.783 $222.341 $228.043 $233.890 $239.887 $246.038 $252.347 $258.817 $265.453 $272.260 $279.241 $286.401 $293.744 $301.276 $309.001 $316.925 $325.051 $333.385 $341.934 $350.701 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ 691,811$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 23,193$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ 396,522$ -$ -$ -$ -$ 107,458$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ 1,026,290$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 103,873$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ 18,079$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 108,434$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 2,132,701$ -$ -$ -$ -$ 107,458$ -$ -$ -$ -$ 235,500$ -$ Estimated Annual CIP Collection 89,204$ 91,491$ 93,837$ 96,243$ 98,711$ 101,242$ 103,838$ 106,434$ 109,095$ 111,822$ 114,618$ 117,483$ 120,420$ 123,431$ 126,517$ 129,680$ 132,922$ 136,245$ 139,651$ 143,142$ Estimated CIP Funding Rate $359.694 $368.917 $378.376 $388.078 $398.029 $408.234 $418.702 $429.170 $439.899 $450.896 $462.169 $473.723 $485.566 $497.705 $510.148 $522.901 $535.974 $549.373 $563.108 $577.185 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,282,580$ -$ -$ -$ -$ -$ 2,381,797$ 31,340$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 735,129$ -$ -$ -$ -$ -$ 1,452,988$ 19,118$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,902,684$ -$ -$ -$ -$ 170,208$ 3,858,702$ 50,773$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 33,517$ -$ -$ -$ -$ -$ 221,476$ 2,914$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,953,909$ -$ -$ -$ -$ 170,208$ 7,914,963$ 104,145$ Estimated Annual CIP Collection 146,720$ 150,389$ 154,148$ 158,002$ 161,952$ 166,001$ 170,151$ 174,405$ 178,765$ 183,234$ 187,815$ 192,510$ 197,323$ 202,256$ 207,312$ 212,495$ 217,807$ 223,253$ 228,834$ 7,914,963$ 104,144$ Estimated CIP Funding Rate $591.615 $606.405 $621.565 $637.105 $653.032 $669.358 $686.092 $703.244 $720.825 $738.846 $757.317 $776.250 $795.656 $815.548 $835.936 $856.835 $878.256 $900.212 $922.717 53 Page 45 of 65 LMD 21 Zone A - Canterbury Lane (Including backup Landscaping Areas) 54 Page 46 of 65 LMD 21 Zone A - Canterbury Lane (Excluding backup Landscaping Areas) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 2,415$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 3,576$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 5,991$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 253$ 260$ 266$ 273$ 280$ 287$ 295$ 302$ 310$ 318$ 326$ 335$ 343$ 352$ 361$ 370$ 380$ Estimated CIP Funding Rate 77 77.00 $3.290 $3.370 $3.460 $3.550 $3.640 $3.730 $3.830 $3.930 $4.030 $4.130 $4.240 $4.350 $4.460 $4.570 $4.690 $4.810 $4.930 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls 3,675$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 5,441$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 9,116$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 390$ 400$ 410$ 420$ 431$ 442$ 453$ 465$ 477$ 489$ 502$ 515$ 528$ 541$ 555$ 569$ 584$ 599$ 614$ 630$ Estimated CIP Funding Rate $5.060 $5.190 $5.320 $5.460 $5.600 $5.740 $5.890 $6.040 $6.190 $6.350 $6.520 $6.680 $6.860 $7.030 $7.210 $7.400 $7.590 $7.780 $7.980 $8.180 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ 6,813$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 10,088$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 16,901$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 646$ 663$ 680$ 697$ 715$ 734$ 752$ 771$ 790$ 810$ 830$ 851$ 873$ 894$ 917$ 940$ 963$ 987$ 1,012$ 1,037$ Estimated CIP Funding Rate $8.390 $8.610 $8.830 $9.060 $9.290 $9.530 $9.770 $10.020 $10.270 $10.520 $10.790 $11.060 $11.330 $11.610 $11.910 $12.200 $12.510 $12.820 $13.140 $13.470 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 12,630$ -$ -$ -$ -$ -$ -$ -$ -$ 23,118$ 304$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 18,702$ -$ -$ -$ -$ -$ -$ -$ -$ 34,231$ 450$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 31,333$ -$ -$ -$ -$ -$ -$ -$ -$ 57,349$ 755$ Estimated Annual CIP Collection 1,063$ 1,090$ 1,117$ 1,145$ 1,173$ 1,203$ 1,233$ 1,264$ 1,295$ 1,328$ 1,361$ 1,395$ 1,430$ 1,465$ 1,502$ 1,540$ 1,578$ 1,618$ 1,658$ 57,349$ 755$ Estimated CIP Funding Rate $13.810 $14.150 $14.510 $14.870 $15.240 $15.620 $16.010 $16.410 $16.820 $17.240 $17.670 $18.120 $18.570 $19.030 $19.510 $20.000 $20.500 $21.010 $21.530 55 Page 47 of 65 LMD 21 Zone A - Canterbury Lane (Backup Landscaping Areas Only) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 14,544$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 8,703$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 14,544$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 8,703$ -$ -$ -$ -$ Estimated Annual CIP Collection 715$ 733$ 752$ 772$ 791$ 812$ 832$ 854$ 876$ 898$ 921$ 945$ 969$ 994$ 1,019$ 1,045$ 1,072$ Estimated CIP Funding Rate 77 77.00 $9.290 $9.520 $9.770 $10.020 $10.280 $10.540 $10.810 $11.090 $11.370 $11.660 $11.960 $12.270 $12.580 $12.910 $13.240 $13.580 $13.920 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 12,284$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 14,260$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 12,284$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 14,260$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,100$ 1,128$ 1,157$ 1,186$ 1,217$ 1,248$ 1,280$ 1,313$ 1,347$ 1,381$ 1,417$ 1,453$ 1,490$ 1,528$ 1,568$ 1,608$ 1,649$ 1,691$ 1,735$ 1,779$ Estimated CIP Funding Rate $14.280 $14.650 $15.020 $15.410 $15.800 $16.210 $16.620 $17.050 $17.490 $17.940 $18.400 $18.870 $19.350 $19.850 $20.360 $20.880 $21.410 $21.960 $22.530 $23.100 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 22,774$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 23,367$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 22,774$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 23,367$ -$ -$ -$ -$ Estimated Annual CIP Collection 1,825$ 1,871$ 1,919$ 1,969$ 2,019$ 2,071$ 2,124$ 2,177$ 2,232$ 2,287$ 2,345$ 2,403$ 2,463$ 2,525$ 2,588$ 2,653$ 2,719$ 2,787$ 2,857$ 2,928$ Estimated CIP Funding Rate $23.700 $24.300 $24.930 $25.570 $26.220 $26.890 $27.580 $28.270 $28.980 $29.710 $30.450 $31.210 $31.990 $32.790 $33.610 $34.450 $35.310 $36.190 $37.100 $38.030 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 42,221$ -$ -$ -$ -$ 38,290$ -$ -$ -$ 161,900$ 2,131$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 42,221$ -$ -$ -$ -$ 38,290$ -$ -$ -$ 161,900$ 2,131$ Estimated Annual CIP Collection 3,001$ 3,076$ 3,153$ 3,232$ 3,313$ 3,396$ 3,480$ 3,567$ 3,657$ 3,748$ 3,842$ 3,938$ 4,036$ 4,137$ 4,241$ 4,347$ 4,455$ 4,567$ 4,681$ 161,900$ 2,130$ Estimated CIP Funding Rate $38.980 $39.950 $40.950 $41.970 $43.020 $44.100 $45.200 $46.330 $47.490 $48.680 $49.890 $51.140 $52.420 $53.730 $55.070 $56.450 $57.860 $59.310 $60.790 56 Page 48 of 65 LMD 21 Zone B - Ivy Lane (Including backup Landscaping Areas) 57 Page 49 of 65 LMD 21 Zone B - Ivy Lane (Excluding backup Landscaping Areas) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 3,071$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 998$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 4,069$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 172$ 176$ 181$ 186$ 190$ 195$ 200$ 205$ 211$ 216$ 222$ 227$ 233$ 239$ 245$ 252$ 258$ Estimated CIP Funding Rate 99 99.00 $1.740 $1.780 $1.830 $1.870 $1.920 $1.970 $2.020 $2.070 $2.130 $2.180 $2.240 $2.300 $2.350 $2.420 $2.480 $2.540 $2.610 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls 4,673$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 1,519$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 6,191$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 265$ 271$ 278$ 285$ 293$ 300$ 308$ 316$ 324$ 332$ 341$ 350$ 358$ 368$ 377$ 387$ 397$ 407$ 417$ 428$ Estimated CIP Funding Rate $2.670 $2.740 $2.810 $2.880 $2.960 $3.030 $3.110 $3.190 $3.270 $3.360 $3.440 $3.530 $3.620 $3.710 $3.810 $3.910 $4.010 $4.110 $4.220 $4.320 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ 8,663$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 2,815$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 11,479$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 439$ 450$ 462$ 474$ 486$ 498$ 511$ 524$ 537$ 550$ 564$ 578$ 593$ 607$ 623$ 638$ 654$ 670$ 687$ 704$ Estimated CIP Funding Rate $4.430 $4.550 $4.660 $4.780 $4.910 $5.030 $5.160 $5.290 $5.420 $5.560 $5.700 $5.840 $5.990 $6.140 $6.290 $6.450 $6.610 $6.770 $6.940 $7.120 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 16,061$ -$ -$ -$ -$ -$ -$ -$ -$ 29,397$ 387$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,220$ -$ -$ -$ -$ -$ -$ -$ -$ 9,553$ 126$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 21,281$ -$ -$ -$ -$ -$ -$ -$ -$ 38,951$ 513$ Estimated Annual CIP Collection 722$ 740$ 759$ 778$ 797$ 817$ 837$ 858$ 880$ 902$ 924$ 947$ 971$ 995$ 1,020$ 1,046$ 1,072$ 1,099$ 1,126$ 38,951$ 513$ Estimated CIP Funding Rate $7.290 $7.480 $7.660 $7.850 $8.050 $8.250 $8.460 $8.670 $8.890 $9.110 $9.340 $9.570 $9.810 $10.050 $10.310 $10.560 $10.830 $11.100 $11.380 58 Page 50 of 65 LMD 21 Zone B - Ivy Lane (Backup Landscaping Areas Only) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 833$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 833$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 35$ 36$ 37$ 38$ 39$ 40$ 41$ 42$ 43$ 44$ 45$ 47$ 48$ 49$ 50$ 51$ 53$ Estimated CIP Funding Rate 99 99.00 $0.360 $0.360 $0.370 $0.380 $0.390 $0.400 $0.410 $0.420 $0.440 $0.450 $0.460 $0.470 $0.480 $0.490 $0.510 $0.520 $0.530 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 1,268$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 1,268$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 54$ 56$ 57$ 58$ 60$ 61$ 63$ 65$ 66$ 68$ 70$ 72$ 73$ 75$ 77$ 79$ 81$ 83$ 85$ 88$ Estimated CIP Funding Rate $0.550 $0.560 $0.580 $0.590 $0.610 $0.620 $0.640 $0.650 $0.670 $0.690 $0.700 $0.720 $0.740 $0.760 $0.780 $0.800 $0.820 $0.840 $0.860 $0.890 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 2,350$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 2,350$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 90$ 92$ 95$ 97$ 99$ 102$ 105$ 107$ 110$ 113$ 115$ 118$ 121$ 124$ 127$ 131$ 134$ 137$ 141$ 144$ Estimated CIP Funding Rate $0.910 $0.930 $0.950 $0.980 $1.000 $1.030 $1.060 $1.080 $1.110 $1.140 $1.170 $1.200 $1.230 $1.260 $1.290 $1.320 $1.350 $1.390 $1.420 $1.460 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,357$ -$ -$ -$ -$ -$ -$ -$ -$ 7,974$ 105$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 4,357$ -$ -$ -$ -$ -$ -$ -$ -$ 7,974$ 105$ Estimated Annual CIP Collection 148$ 152$ 155$ 159$ 163$ 167$ 171$ 176$ 180$ 185$ 189$ 194$ 199$ 204$ 209$ 214$ 219$ 225$ 231$ 7,974$ 105$ Estimated CIP Funding Rate $1.490 $1.530 $1.570 $1.610 $1.650 $1.690 $1.730 $1.770 $1.820 $1.860 $1.910 $1.960 $2.010 $2.060 $2.110 $2.160 $2.220 $2.270 $2.330 59 Page 51 of 65 LMD 22 - Moorpark Highlands (Including backup Landscaping Areas) 60 Page 52 of 65 LMD 22 - Moorpark Highlands (Excluding backup Landscaping Areas) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 665,462$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces 172,088$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices 60,550$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 81,433$ -$ -$ -$ -$ Landscaping & Irrigation 1,109,043$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 40,569$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas 36,283$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 2,043,426$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 122,002$ -$ -$ -$ -$ Estimated Annual CIP Collection 82,368$ 84,480$ 86,646$ 88,867$ 91,146$ 93,483$ 95,880$ 98,339$ 100,860$ 103,446$ 106,099$ 108,819$ 111,610$ 114,471$ 117,406$ 120,417$ 123,505$ Estimated CIP Funding Rate 686 673.50 $122.300 $125.430 $128.650 $131.950 $135.330 $138.800 $142.360 $146.010 $149.760 $153.600 $157.530 $161.570 $165.720 $169.960 $174.320 $178.790 $183.380 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls 1,012,578$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 133,437$ -$ -$ -$ -$ Landscaping & Irrigation 1,641,639$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 66,476$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas 7,882$ -$ -$ -$ -$ 53,546$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 2,662,099$ -$ -$ -$ -$ 53,546$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 199,913$ -$ -$ -$ -$ Estimated Annual CIP Collection 126,671$ 129,919$ 133,251$ 136,667$ 140,172$ 143,766$ 147,452$ 151,233$ 155,111$ 159,088$ 163,167$ 167,351$ 171,642$ 176,043$ 180,557$ 185,186$ 189,935$ 194,805$ 199,800$ 204,923$ Estimated CIP Funding Rate $188.080 $192.900 $197.850 $202.920 $208.120 $213.460 $218.930 $224.550 $230.310 $236.210 $242.270 $248.480 $254.850 $261.380 $268.090 $274.960 $282.010 $289.240 $296.660 $304.270 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ 1,877,261$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 549,252$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 218,652$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 3,043,503$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 108,929$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ 14,613$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 112,316$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 4,935,377$ -$ -$ -$ -$ 549,252$ -$ -$ -$ -$ 439,898$ -$ -$ -$ -$ Estimated Annual CIP Collection 210,177$ 215,567$ 221,094$ 226,763$ 232,577$ 238,541$ 244,657$ 250,774$ 257,043$ 263,469$ 270,056$ 276,807$ 283,728$ 290,821$ 298,091$ 305,543$ 313,182$ 321,012$ 329,037$ 337,263$ Estimated CIP Funding Rate $312.070 $320.070 $328.280 $336.690 $345.330 $354.180 $363.260 $372.340 $381.650 $391.190 $400.970 $411.000 $421.270 $431.810 $442.600 $453.670 $465.010 $476.630 $488.550 $500.760 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,480,338$ -$ -$ -$ -$ -$ -$ -$ -$ 6,370,178$ 83,818$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 549,252$ 7,227$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 358,288$ -$ -$ -$ 791,810$ 10,419$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,642,487$ -$ -$ -$ -$ 178,493$ -$ -$ -$ 10,722,095$ 141,081$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 27,091$ -$ -$ -$ -$ -$ -$ -$ -$ 215,448$ 2,835$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 9,149,916$ -$ -$ -$ -$ 536,780$ -$ -$ -$ 18,648,782$ 245,380$ Estimated Annual CIP Collection 345,694$ 354,337$ 363,195$ 372,275$ 381,582$ 391,122$ 400,900$ 410,922$ 421,195$ 431,725$ 442,518$ 453,581$ 464,921$ 476,544$ 488,457$ 500,669$ 513,185$ 526,015$ 539,165$ 18,648,782$ 245,379$ Estimated CIP Funding Rate $513.280 $526.110 $539.270 $552.750 $566.570 $580.730 $595.250 $610.130 $625.380 $641.020 $657.040 $673.470 $690.310 $707.560 $725.250 $743.380 $761.970 $781.020 $800.540 61 Page 53 of 65 LMD 22 - Moorpark Highlands (Backup Landscaping Areas Only) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls 37,687$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 121,048$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 27,780$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 158,735$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 27,780$ -$ -$ -$ -$ Estimated Annual CIP Collection 7,031$ 7,211$ 7,396$ 7,586$ 7,780$ 7,980$ 8,184$ 8,394$ 8,610$ 8,830$ 9,057$ 9,289$ 9,527$ 9,771$ 10,022$ 10,279$ 10,543$ Estimated CIP Funding Rate 686 673.50 $10.440 $10.710 $10.980 $11.260 $11.550 $11.850 $12.150 $12.460 $12.780 $13.110 $13.450 $13.790 $14.150 $14.510 $14.880 $15.260 $15.650 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls 57,345$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 152,758$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 45,521$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 210,103$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 45,521$ -$ -$ -$ -$ Estimated Annual CIP Collection 10,813$ 11,090$ 11,374$ 11,666$ 11,965$ 12,272$ 12,587$ 12,909$ 13,240$ 13,580$ 13,928$ 14,285$ 14,652$ 15,027$ 15,413$ 15,808$ 16,213$ 16,629$ 17,055$ 17,493$ Estimated CIP Funding Rate $16.050 $16.470 $16.890 $17.320 $17.770 $18.220 $18.690 $19.170 $19.660 $20.160 $20.680 $21.210 $21.750 $22.310 $22.880 $23.470 $24.070 $24.690 $25.320 $25.970 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ 106,315$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ 283,205$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 74,591$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ 389,519$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 74,591$ -$ -$ -$ -$ Estimated Annual CIP Collection 17,941$ 18,401$ 18,873$ 19,357$ 19,853$ 20,362$ 20,884$ 21,406$ 21,942$ 22,490$ 23,052$ 23,629$ 24,219$ 24,825$ 25,446$ 26,082$ 26,734$ 27,402$ 28,087$ 28,789$ Estimated CIP Funding Rate $26.640 $27.320 $28.020 $28.740 $29.480 $30.230 $31.010 $31.780 $32.580 $33.390 $34.230 $35.080 $35.960 $36.860 $37.780 $38.730 $39.690 $40.690 $41.700 $42.750 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 197,101$ -$ -$ -$ -$ -$ -$ -$ -$ 360,761$ 4,747$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 525,046$ -$ -$ -$ -$ 122,226$ -$ -$ -$ 1,231,127$ 16,199$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 722,147$ -$ -$ -$ -$ 122,226$ -$ -$ -$ 1,591,888$ 20,946$ Estimated Annual CIP Collection 29,509$ 30,247$ 31,003$ 31,778$ 32,572$ 33,387$ 34,221$ 35,077$ 35,954$ 36,853$ 37,774$ 38,718$ 39,686$ 40,678$ 41,695$ 42,738$ 43,806$ 44,901$ 46,024$ 1,591,888$ 20,946$ Estimated CIP Funding Rate $43.810 $44.910 $46.030 $47.180 $48.360 $49.570 $50.810 $52.080 $53.380 $54.720 $56.090 $57.490 $58.930 $60.400 $61.910 $63.460 $65.040 $66.670 $68.340 62 Page 54 of 65 LMD 24 - 875 Los Angeles Ave (Back-up District Only) 63 Page 55 of 65 LMD 24 - 875 Los Angeles Ave (Back-up District Only) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 9,626$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,391$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 9,626$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 5,391$ -$ Estimated Annual CIP Collection 500$ 513$ 526$ 540$ 554$ 568$ 582$ 597$ 613$ 628$ 644$ 661$ 678$ 695$ 713$ 731$ 750$ Estimated CIP Funding Rate 2 2.54 $197.054 $202.107 $207.289 $212.604 $218.055 $223.646 $229.381 $235.263 $241.295 $247.482 $253.828 $260.336 $267.011 $273.858 $280.880 $288.082 $295.468 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ 9,674$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 8,833$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 9,674$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 8,833$ -$ Estimated Annual CIP Collection 769$ 789$ 809$ 830$ 851$ 873$ 896$ 919$ 942$ 966$ 991$ 1,017$ 1,043$ 1,069$ 1,097$ 1,125$ 1,154$ 1,183$ 1,214$ 1,245$ Estimated CIP Funding Rate $303.045 $310.815 $318.785 $326.959 $335.342 $343.941 $352.760 $361.805 $371.082 $380.597 $390.356 $400.365 $410.630 $421.159 $431.958 $443.034 $454.394 $466.045 $477.995 $490.251 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ 17,936$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 14,474$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 17,936$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 14,474$ -$ Estimated Annual CIP Collection 1,277$ 1,309$ 1,343$ 1,377$ 1,413$ 1,449$ 1,486$ 1,523$ 1,561$ 1,600$ 1,640$ 1,681$ 1,723$ 1,767$ 1,811$ 1,856$ 1,902$ 1,950$ 1,999$ 2,049$ Estimated CIP Funding Rate $502.822 $515.715 $528.938 $542.501 $556.411 $570.678 $585.311 $599.944 $614.942 $630.316 $646.074 $662.225 $678.781 $695.751 $713.144 $730.973 $749.247 $767.978 $787.178 $806.857 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 33,252$ -$ -$ -$ -$ 23,717$ 113,277$ 1,491$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 33,252$ -$ -$ -$ -$ 23,717$ 113,277$ 1,491$ Estimated Annual CIP Collection 2,100$ 2,152$ 2,206$ 2,261$ 2,318$ 2,376$ 2,435$ 2,496$ 2,558$ 2,622$ 2,688$ 2,755$ 2,824$ 2,895$ 2,967$ 3,041$ 3,117$ 3,195$ 3,275$ 113,277$ 1,490$ Estimated CIP Funding Rate $827.029 $847.704 $868.897 $890.620 $912.885 $935.707 $959.100 $983.077 $1,007.654 $1,032.846 $1,058.667 $1,085.133 $1,112.262 $1,140.068 $1,168.570 $1,197.784 $1,227.729 $1,258.422 $1,289.883 64 Page 56 of 65 LMD 25 - Patriot Commerce Center (Back-up District Only) 65 Page 57 of 65 LMD 25 - Patriot Commerce Center (Back-up District Only) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 19,784$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 9,982$ -$ Non-Irrigated Landscaping/Natural Areas 18,069$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 37,853$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 9,982$ -$ Estimated Annual CIP Collection 1,474$ 1,512$ 1,551$ 1,590$ 1,631$ 1,673$ 1,716$ 1,760$ 1,805$ 1,851$ 1,899$ 1,947$ 1,997$ 2,048$ 2,101$ 2,155$ 2,210$ Estimated CIP Funding Rate 1 11.52 $127.949 $131.229 $134.594 $138.045 $141.585 $145.215 $148.939 $152.758 $156.675 $160.692 $164.812 $169.038 $173.373 $177.818 $182.378 $187.054 $191.850 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ 21,125$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 16,356$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ 33,499$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 21,125$ -$ -$ -$ -$ 33,499$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 16,356$ -$ Estimated Annual CIP Collection 2,267$ 2,325$ 2,385$ 2,446$ 2,508$ 2,573$ 2,639$ 2,706$ 2,776$ 2,847$ 2,920$ 2,995$ 3,072$ 3,150$ 3,231$ 3,314$ 3,399$ 3,486$ 3,575$ 3,667$ Estimated CIP Funding Rate $196.769 $201.815 $206.989 $212.297 $217.740 $223.323 $229.050 $234.923 $240.946 $247.125 $253.461 $259.960 $266.626 $273.462 $280.474 $287.666 $295.042 $302.607 $310.366 $318.324 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ 39,165$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 26,801$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 70,266$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 39,165$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 97,067$ -$ Estimated Annual CIP Collection 3,761$ 3,858$ 3,956$ 4,058$ 4,162$ 4,269$ 4,378$ 4,488$ 4,600$ 4,715$ 4,833$ 4,953$ 5,077$ 5,204$ 5,334$ 5,468$ 5,604$ 5,745$ 5,888$ 6,035$ Estimated CIP Funding Rate $326.486 $334.858 $343.444 $352.250 $361.282 $370.546 $380.047 $389.548 $399.287 $409.269 $419.501 $429.988 $440.738 $451.756 $463.050 $474.627 $486.492 $498.655 $511.121 $523.899 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 72,609$ -$ -$ -$ -$ 43,917$ 229,955$ 3,026$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 103,765$ 1,365$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 72,609$ -$ -$ -$ -$ 43,917$ 333,720$ 4,391$ Estimated Annual CIP Collection 6,186$ 6,341$ 6,499$ 6,662$ 6,828$ 6,999$ 7,174$ 7,353$ 7,537$ 7,726$ 7,919$ 8,117$ 8,320$ 8,528$ 8,741$ 8,959$ 9,183$ 9,413$ 9,648$ 333,720$ 4,391$ Estimated CIP Funding Rate $536.996 $550.421 $564.182 $578.286 $592.744 $607.562 $622.751 $638.320 $654.278 $670.635 $687.401 $704.586 $722.201 $740.256 $758.762 $777.731 $797.174 $817.104 $837.531 66 Page 58 of 65 LMD 26 - 14339-14349 White Sage Road (Back-up District Only) 67 Page 59 of 65 LMD 26 - 14339-14349 White Sage Road (Back-up District Only) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas 6,017$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 6,017$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 153$ 157$ 161$ 165$ 169$ 173$ 178$ 182$ 187$ 192$ 197$ 202$ 207$ 212$ 218$ 223$ 229$ Estimated CIP Funding Rate 2 8.12 $18.795 $19.277 $19.771 $20.278 $20.798 $21.332 $21.879 $22.440 $23.015 $23.605 $24.210 $24.831 $25.468 $26.121 $26.791 $27.478 $28.182 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ 11,155$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 11,155$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Estimated Annual CIP Collection 235$ 241$ 247$ 253$ 260$ 266$ 273$ 280$ 287$ 295$ 302$ 310$ 318$ 326$ 335$ 343$ 352$ 361$ 370$ 380$ Estimated CIP Funding Rate $28.905 $29.646 $30.406 $31.186 $31.985 $32.805 $33.647 $34.509 $35.394 $36.302 $37.233 $38.187 $39.166 $40.171 $41.201 $42.257 $43.341 $44.452 $45.592 $46.761 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 23,399$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 23,399$ -$ Estimated Annual CIP Collection 389$ 399$ 410$ 420$ 431$ 442$ 453$ 465$ 476$ 488$ 500$ 513$ 526$ 539$ 552$ 566$ 580$ 595$ 610$ 625$ Estimated CIP Funding Rate $47.960 $49.189 $50.451 $51.744 $53.071 $54.432 $55.828 $57.223 $58.654 $60.120 $61.623 $63.164 $64.743 $66.361 $68.020 $69.721 $71.464 $73.251 $75.082 $76.959 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 34,554$ 455$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 34,554$ 455$ Estimated Annual CIP Collection 641$ 657$ 673$ 690$ 707$ 725$ 743$ 761$ 780$ 800$ 820$ 840$ 861$ 883$ 905$ 928$ 951$ 975$ 999$ 34,554$ 455$ Estimated CIP Funding Rate $78.883 $80.855 $82.876 $84.948 $87.072 $89.249 $91.480 $93.767 $96.111 $98.514 $100.977 $103.501 $106.089 $108.741 $111.459 $114.246 $117.102 $120.030 $123.030 68 Page 60 of 65 LMD 31 - Tuscany Square (Back-up District Only) 69 Page 61 of 65 LMD 31 - Tuscany Square (Back-up District Only) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 18,863$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 16,040$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 18,863$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 16,040$ -$ Estimated Annual CIP Collection 1,043$ 1,070$ 1,098$ 1,126$ 1,155$ 1,184$ 1,215$ 1,246$ 1,278$ 1,310$ 1,344$ 1,379$ 1,414$ 1,450$ 1,487$ 1,525$ 1,565$ Estimated CIP Funding Rate 4 7.64 $136.577 $140.079 $143.671 $147.355 $151.133 $155.009 $158.983 $163.060 $167.241 $171.529 $175.927 $180.438 $185.065 $189.810 $194.677 $199.668 $204.788 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ 12,762$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 26,283$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 12,762$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 26,283$ -$ Estimated Annual CIP Collection 1,605$ 1,646$ 1,688$ 1,731$ 1,776$ 1,821$ 1,868$ 1,916$ 1,965$ 2,015$ 2,067$ 2,120$ 2,174$ 2,230$ 2,287$ 2,346$ 2,406$ 2,468$ 2,531$ 2,596$ Estimated CIP Funding Rate $210.039 $215.425 $220.948 $226.614 $232.424 $238.384 $244.496 $250.766 $257.195 $263.790 $270.554 $277.491 $284.606 $291.904 $299.389 $307.065 $314.939 $323.014 $331.297 $339.791 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ 23,659$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 43,068$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 23,659$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 43,068$ -$ Estimated Annual CIP Collection 2,663$ 2,731$ 2,801$ 2,873$ 2,946$ 3,022$ 3,099$ 3,177$ 3,256$ 3,338$ 3,421$ 3,507$ 3,594$ 3,684$ 3,776$ 3,871$ 3,967$ 4,067$ 4,168$ 4,273$ Estimated CIP Funding Rate $348.504 $357.440 $366.605 $376.005 $385.646 $395.535 $405.677 $415.819 $426.214 $436.869 $447.791 $458.986 $470.461 $482.222 $494.278 $506.635 $519.301 $532.283 $545.590 $559.230 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 43,863$ -$ -$ -$ -$ 70,572$ 236,247$ 3,109$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 43,863$ -$ -$ -$ -$ 70,572$ 236,247$ 3,109$ Estimated Annual CIP Collection 4,379$ 4,489$ 4,601$ 4,716$ 4,834$ 4,955$ 5,079$ 5,206$ 5,336$ 5,469$ 5,606$ 5,746$ 5,890$ 6,037$ 6,188$ 6,343$ 6,501$ 6,664$ 6,830$ 236,247$ 3,109$ Estimated CIP Funding Rate $573.211 $587.541 $602.229 $617.285 $632.717 $648.535 $664.749 $681.367 $698.401 $715.861 $733.758 $752.102 $770.904 $790.177 $809.932 $830.180 $850.934 $872.208 $894.013 70 Page 62 of 65 LMD 32 - 145 Park Lane (Back-up District Only) 71 Page 63 of 65 LMD 32 - 145 Park Lane (Back-up District Only) Estimated Capital Improvement Budget over the next 75 years Budget Category Assessed Parcels Benefit Units Capital Improvement Project Costs (Today's $) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation 701$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 801$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget 701$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 801$ -$ Estimated Annual CIP Collection 41$ 42$ 43$ 44$ 46$ 47$ 48$ 49$ 50$ 52$ 53$ 54$ 56$ 57$ 59$ 60$ 62$ Estimated CIP Funding Rate 1 0.94 $43.760 $44.882 $46.033 $47.214 $48.424 $49.666 $50.939 $52.245 $53.585 $54.959 $56.368 $57.814 $59.296 $60.816 $62.376 $63.975 $65.616 Budget Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ 243$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,312$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ 243$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,312$ -$ Estimated Annual CIP Collection 63$ 65$ 67$ 68$ 70$ 72$ 74$ 76$ 77$ 79$ 81$ 84$ 86$ 88$ 90$ 92$ 95$ 97$ 100$ 102$ Estimated CIP Funding Rate $67.298 $69.024 $70.793 $72.609 $74.470 $76.380 $78.338 $80.347 $82.407 $84.520 $86.687 $88.910 $91.190 $93.528 $95.926 $98.386 $100.909 $103.496 $106.150 $108.871 Budget Category 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ 450$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,150$ -$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ 450$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2,150$ -$ Estimated Annual CIP Collection 105$ 108$ 110$ 113$ 116$ 119$ 122$ 125$ 128$ 132$ 135$ 138$ 142$ 145$ 149$ 153$ 156$ 160$ 164$ 168$ Estimated CIP Funding Rate $111.663 $114.526 $117.463 $120.475 $123.564 $126.732 $129.982 $133.231 $136.562 $139.976 $143.475 $147.062 $150.739 $154.507 $158.370 $162.329 $166.387 $170.547 $174.811 $179.181 Budget Category 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 Total Funding (Over 75 Years) Average Annual Revenue Required Fencing/Walls -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hardscape Surfaces -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Irrigation Equipment/Devices -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landscaping & Irrigation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 834$ -$ -$ -$ -$ 3,524$ 9,313$ 123$ Non-Irrigated Landscaping/Natural Areas -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total CIP Budget -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 834$ -$ -$ -$ -$ 3,524$ 9,313$ 123$ Estimated Annual CIP Collection 173$ 177$ 181$ 186$ 191$ 195$ 200$ 205$ 210$ 216$ 221$ 227$ 232$ 238$ 244$ 250$ 256$ 263$ 269$ 9,313$ 123$ Estimated CIP Funding Rate $183.661 $188.252 $192.958 $197.782 $202.727 $207.795 $212.990 $218.315 $223.773 $229.367 $235.101 $240.979 $247.003 $253.178 $259.508 $265.995 $272.645 $279.461 $286.448 72 Page 64 of 65 LMD 33 - Vistas at Moorpark 73 ATTACHMENT 2 Policy 5.5: Landscape and Lighting Assessment District (LLAD) Operational and Capital Improvements Reserves Fund Balances The Finance Director or his/her designee shall work with the responsible department head and assessment engineer to calculate annual operating costs and the Operational Reserves and Capital Improvements Reserves Account fund balances for each landscape and lighting assessment district in conjunction with preparation of the City’s annual fiscal year budget. The Capital Operational Reserves Account fund balances to be maintained for each landscape or and lighting assessment district (“LLAD”) shall not exceed the estimated costs of maintenance and servicing to December 10 of the fiscal year, or approximately fifty percent (50%) of the annual estimated costs of each LLAD, or whenever the cCity expects to receive its apportionment of special assessments and tax collections from the county, whichever is later.be approximately one year of projected current operating budget for each such district. The Capital Improvements Reserves fund balances shall be maintained for each LLAD to ensure sufficient operational available funding (i.e. cash flow) and to cover replacement costs for capital assets including, but not limited to, landscape materials, irrigation equipment, hardscape, walls, ornamental structures, trails, drainage facilities, fencing, decorative lighting, and project signage. Contributions to the Capital Improvements Reserves fund balances shall be calculated in conformance with the adopted LLAD Capital Improvements Reserves Fund Study (“Study”) with an annual increase of 2.5% over the useful life of such improvements as specified in the Study. The Study shallmay be re-evaluated every 15 years, or sooner at the discretion of the Finance Director every 15 years. Funding Annual Deficits If any LLAD that is subject to fixed maximum assessment rates ends the fiscal year with a deficit fund balance, funds shall may be transferred from the General Fund or other funds, as approved by the City Council, to restore the LLAD to a zero fund balance. This transfer shall occur in the subsequent fiscal year so as to enable the LLAD to begin the fiscal year with a zero fund balance. 74