HomeMy WebLinkAboutAGENDA REPORT 2023 0607 CCSA REG ITEM 08B POWERPOINTFY 2023/24 PARKS AND RECREATION MAINTENANCE AND IMPROVEMENT DISTRICTS
JUNE 07, 2023
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Parks and Recreation Maintenance and
Improvement Districts
The City of Moorpark provides park facilities and recreation programs for its service area of over 11,000 parcels
The City owns, operates and maintains
20 neighborhood parks
1 community park
January 18, 2023 the city adopted Resolution No. 2023-4156 indicating its intent to continue the park assessment for FY 2023/24
On May 3, 2023 Resolution No. 2023-4176 was presented to City Council for preliminary approval of the Engineers report and identified the date of the Public Hearing for June 7, 2023
Notice published Ventura County Star on May 24, 2023
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Background
Prior to 1997 the city funded the majority of costs for maintenance and
improvements with an assessment supported by property owners
Proposition 218 on November 6, 1996 required a majority of ballots to
continue the assessment
As a result the city did not levy any park maintenance for two years resulting
in a reduced level of park maintenance and reserve funds
In July 1999, the city established the Parks & Recreation Maintenance and
Improvement District
Reinstatement includes annual adjustment equal to Los Angeles area CPI,
not to exceed 3%
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FY 2023-2024 Estimate of Cost and Budget
Moorpark City total proposed budget
$6.3 million
$2.2M operation of grounds & recreational facilities
$568K tree trimming & landscape contracts
$436K utilities
$757K maintenance & repairs
$475K park pavement rehabilitation
$1.9M all inclusive playground at Tierra Rejada Park
The city will contribute over $4M from sources other than assessments
equating to 64% of the total budget for maintenance and improvements
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Parks and Recreation Maintenance and
Improvement District
Methodology
Special benefit 75%
Can only assess property owners no more than 75% of the maintenance costs
Initial assessment was set at $39 for SFE which represented 52% of the
required revenue
Increase in park acreage and amenities outpaced the increase in
assessment revenues
Resulting in an increase of support from general and park improvement funds
Current year assessment will cover 16% which is well below the 75% cap
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Assessment Rate
Annual assessment subject to Los Angeles Area CPI
December 2021 to December 2022 was 4.92%
Maximum increase limited to 3%
CPI in excess of 3% shall be reserved as “unused CPI” and applied to the
maximum assessment rate in years which CPI is less than 3%
3% increase equates to a rate of $70.76 per single family equivalent
Increase of $2.07 per SFE
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Assessment Revenue
•FY 2023-2024 Total Assessment Revenue
•$978,307 (an increase of $41,182 over previous FY)
•% of total expenses is 16%
•% of 75% special benefit cap is 24%
•General fund will subsize at least $1.5M
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Parks and Recreation Maintenance and
Improvement District
Recommendation
Open to public hearing/testimony/ close public hearing
Adopt attached Resolution
Questions
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