HomeMy WebLinkAboutAGENDA REPORT 2025 0604 CC REG ITEM 08A POWERPOINTParks and Recreation Maintenance and Improvement District
Fiscal Year 2025/2026
ITEM: 8.A.
History
July 1999
Gained authority to
reinstate the
Assessment Levy
Jan 15, 2025
Reso. 2025 - 4292
Directing the
preparation of the
Annual Engineer’s
Report
May 4, 2025
Reso. 2025 – 4314
Preliminarily
approving the
Annual Engineer’s
Report
May 21, 2025
Public Notice was
posted on Ventura
County Star
District Boundary
20
Neighborhood
Parks
Including
1 Community
Park
Service Area
of over 11,000
parcels
Methodology
GENERAL BENEFITS
+ SPECIAL BENEFITS
TOTAL BENEFITS
General
Benefits
25%
General
Benefits
25%
Benefit to
real property
outside the
district
Benefit to
real property
within the
district
Benefit to
the public at
large
Special
Benefits
75%
Special
Benefits
75%
Extension of a
property’s
outdoor areas
and green
spaces
Access to
improved parks,
open space, and
recreation areas
Proximity to
improve parks
and recreational
facilities
Improved Views
Assessment Rate
Fiscal Year 2024-2025
Assessment Rate
$ 72.88
CPI LA Area Increase
3.42% – Max 3%
$ 2.18
Fiscal Year 2025-2026
Assessment Rate
$ 75.06
+=
Rate per Single Family Equivalent Benefit Units(SFE)
2025-2026 Assessment Rate
$ 75.06
Single Family Equivalent Benefit Units
13,890.30
Total Assessment Revenue
$1,042,606
X
=
Assessment Rate
Fiscal Year
2025-26
Estimated
Cost
Expenses Amount
Operation of Grounds &
Recreation Facilities
$1,180,764
Tree and Landscape
Maintenance
$ 553,710
General Maintenance and
Repairs
$ 416,840
Utilities $ 377,550
Capital Improvement Projects $2,356,447
Total $4,885,311
Revenue Sources
Revenue Sources Operating Ops
%
Capital
Improvement
CIP
%
General Fund $1,466,258 58.0%$ 480,605 20.4%
Park Improvements $ 827,528 35.1%
Park Maintenance Fund $1,042,606 41.2%0.0%
Other Funds $ 20,000 0.8%$1,048,314 44.5%
Total Revenue $2,528,864 100%$2,356,447 100%
Staff Recommendation
Open
Open Public
Hearing,
Take public
testimony
Close
Close Public
Hearing
Adopt
Adopt
Resolution
Questions?