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Home My WebLink AboutAGENDA REPORT 2023 0607 CCSA REG ITEM 08C POWERPOINTFY 2023/24 LANDSCAPE AND LIGHTING MAINTENANCE ASSESSMENT DISTRICTS JUNE 07, 2023 1 Landscaping and Lighting Maintenance Assessment Districts History •The City of Moorpark’s Lighting Maintenance Assessment District 84-2 (“AD84-2”) was formed in 1984 •Funding for •Public street lighting •Zones 1-12 landscaped areas •Parkway/median landscape maintenance and improvements •In addition 14 new districts were formed by the City •Providing funding for additional parkway landscape maintenance and improvements in specific areas •Total acres maintained are 135.9 2 Process •On January 18, 2023 the City Council adopted Resolution No. 2023-4155 directing the preparation of the Engineer’s report •On May 3, 2023 by Resolution No. 2023-4175 was presented to City Council for preliminary approval of the assessments Engineers report and identified the date of the Public Hearing for June 7, 2023 •Notice published Ventura County Star on May 24, 2023 3 Three Types of Assessments 1. Citywide Assessments: assessments for AD84-2 applied to all parcels within the City that receive benefits. Within AD84-2, there are two types of expenses funded by distinct Citywideassessments: Street lighting costs associated with City-owned and Southern CaliforniaEdison (S.C.E.) owned streetlights distributed to all benefiting properties within City limits.City wide street lightingLandscape maintenance costs associated with parkway/median maintenance and improvement distributed to all benefiting propertieswithin City limits. Zones 1-12 landscaped areas 2. Zone Assessments: assessments for AD84-2 applied to properties within certain Zones of Benefit to fund improvements and maintenance serviceswhich benefit those properties. 3. District Assessments: assessments for the LLDs applied to properties within certain boundaries to fund improvements and maintenance services which benefit those properties 4 Engineer’s Report Purpose Establish budgets for continued capital improvement and services Identify the method of assessment allocated to lots and parcels Determine benefits received for improvements by assessment districts Each year the Council must approve the Engineer’s report and proposed assessments This report was prepared pursuant to the direction of the Council adopted on January 18, 2023 If approved, the assessments will be submitted to the County Auditor/Controller for inclusion on the property tax rolls for FY 23-24 5 General versus Special Benefit The Assessments allow the City to provide permanent public Improvements within its boundaries at a much higher level than what otherwise would be provided in absence of the Assessments. Moreover, in absence of the Assessments, the Improvements would not be provided because the City does not have alternative available funds to provide the Improvements. The General Benefits from these Assessments may be quantified as illustrated in the following table resulting in a City contribution of at least 1.2% 6 Benefit Factor Relative Weight General Benefit Contribution General Benefit Creation of parcels 90 0%0 Extension of recreation area 2 10%0.2 Proximity to improved parks and recreational facilities 2 10%0.2 Access to improved parks, open space and recreational areas 2 10%0.2 Improved views 2 10%0.2 Improved nighttime visibility and safety from streetlights 2 20%0.4 100 1.2 Total Calculated General Benefit =1.2% Assessment Rates AD 84-2 which include Zones/Districts 1 to 11 have no COLA Zones/Districts 12 through 33 include annual COLA adjustments For December 2021 to December 2022 CPI was 4.92% Page 6 of staff reports lists the maximum assessments 7 Reserves/Fund Balance Maintain approximately 50% of the estimated annual maintenance and servicing costs For capital improvement reserves, the study prescribes the appropriate assessment rates to address future capital needs with an annual increase of 2.5% built into the assessment schedule 8 District/ Zone Fund Balance, Estimate 7/1/23 Other Revenue Total Levy Amount Requested Expenditure Budget ¹ Operational Fund Balance Projected 6/30/24 ² Capital Improvement Fund Balance Projected 6/30/24 Fund Balance, Projected 6/30/24 12 $534,531 $5,000 $258,149 $252,355 $285,863 $259,461 $545,325 15 Zones A/B $661,999 $10,000 $305,500 $567,137 $211,611 $198,701 $410,361 16 $1,216 $200 $14,750 $15,156 $1,010 $0 $1,010 18 $59,000 $200 $15,000 $13,533 $13,601 $0 $60,667 19 $74,184 $500 $3,135 $6,348 $6,387 $65,084 $71,471 20 $476,075 $5,000 $520,800 $586,601 $415,274 $0 $415,274 21 Zones A/B $176,586 $1,000 $18,923 $20,489 $20,490 $155,531 $176,020 22 $716,596 $22,000 $875,550 $861,489 $752,658 $0 $752,657 For District 15 Zones A/B, Requested Expenditure Budget includes both Operational ($272,1371) and Capital Improvements ($295,000 (Zone A)). Operational Fund Balance equals 75% of Requested Expenditure Budget except for the $295,000 budgeted for capital improvements in District 15 Zone A. FY2023/2024 PROPOSED BUDGET Total Budgeted Expenses $3,551,524 Salaries & Benefits $364K Services & Supplies $2.8M $1.7M landscape & maintenance $783K water & electricity $307K street lighting Debris Basin $12K Capital Improvements $329K The proposed expenditures have increased 7% or $240K from the prior fiscal year 9 Landscape and Lighting Maintenance Assessment Districts Recommendation Open to public hearing/testimony/ close public hearing Adopt attached Resolution Questions 10