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HomeMy WebLinkAboutAGENDA REPORT 2025 0604 CC REG ITEM 08B POWERPOINTLandscaping and Lighting Maintenance Assessment Districts Fiscal Year 2025/2026 Districts: AD 84-2; AD 01-1; AD 01-2; AD 01-3; AD 04-1; AD 05-1; AD 06-1; AD 07-1; AD 07-2; AD 07-3; AD 07-4; AD 09-1; AD 10-1; AD 10-2 & AD 15- 1 ITEM: 8.B. History 1984 Assessment District 84-2 was formed -Citywide Street Lighting -Zones 1 – 12 Landscaped areas 2001 - 2015 Established 14 new districts and 2 annexations History Jan 15, 2025 Reso. 2025 - 4291 Directing the preparation of the Annual Engineer’s Report May 7, 2025 Reso. 2025 – 4315 Preliminarily approving the Annual Engineer’s Report May 21, 2025 Public Notice was posted on Ventura County Star Engineer’s Report District Boundaries Page 46-72 Over 139 Acrers Maintenance & Improvements Methodology SPECIAL BENEFITS, 98.8% + GENERAL BENEFITS, 1.2% TOTAL BENEFITS General Benefits – 1.2% Special Benefits - 98.8% Enjoy closer proximity Access and views of improvements Extension of property’s outdoor areas and green spaces Provide drainage of water and runoff from property Protects from flooding and standing water Assessment Levy - Zones 1-12 •Established prior to Proposition 218 •No CPI Increase •Fixed Rate •Fund Balance Deficits Assessment Levy Expense Fund Balance Deficits FUND BALANCE DEFICITS Fund No. - Zone/District Title FY23/24 Actual FY 24/25 Estimate FY 25/26 Estimate Increase / (Decrease) 2300 Citywide - Landscape ($98,737)($234,350)($257,440)$23,090 2301 District 1 - Pecan Avenue ($9,316)($18,269)($17,719)($550) 2303 District 3 - Buttercreek/Peppermill ($32)($1,570)($3,170)$1,600 2304 District 4 - Williams Ranch Rd $0 ($478) ($3,178)$2,700 2305 District 5 - Pheasant Run Area ($50,125)($74,963)($76,513)$1,550 2306 District 6 - Inglewood St $0 ($396)($1,496)$1,100 2308 District 8 - Home Acres Buffer ($10,764)($15,576)($18,426)$1,850 2309 District 9 - Moorpark Industrial Park ($4,282)($6,696)($7,296)$600 2310 District 10 - Mountain Meadows $0 $0 ($24,478)$24,478 2314 District 14 - Wilshire Builders ($2,349)($4,293)($4,993)$700 Deficit Zones Total ($175,605)($357,591)($414,709)$57,119 Assessment Levy – Zones 12-33 •Maximum assessment is adjusted by Consumer Price Index LA Area - December •Operational Reserve Fund - 50% of operating budget •Capital Improvements Reserves Fund Operating Budget Operating Reserve Capital Improvements Reserve Assessment Levy – Zone 12-33 Zones\Districts FY 24/25 Assessment Capital Improvement Reserve Proposed (Decrease) / Increase FY 25/26 Assessment 12 - Carlsberg Specific Plan Area Residential $400.00 $47.41 ($1.19)$446.22 Commercial/Industrial $157.50 $47.41 ($1.19)$203.72 Institutional $1,412.50 $47.41 ($1.19)$1,458.72 15 - Country Club Estate Zone A $750.00 $134.85 ($3.37)$881.48 15.1 - Masters at Moorpark Country Club $500.00 $134.85 ($3.37)$631.48 16 - Mountain View $250.00 $9.81 ($0.24)$259.57 18 - Moonsong Court T 5307 $550.00 $52.05 ($1.30)$600.75 19 - Campus Plaza $250.00 $179.94 $45.50 $475.44 20 - Meridian Hills $1,500.00 $152.09 ($3.81)$1,648.28 21 - Canterbury Lane $100.00 $3.55 ($10.09)$93.46 21.1 - Ivy Lane T 5425 $100.00 $1.87 ($0.04)$101.83 22 - Moorpark Highlands $1,100.00 $131.95 $56.70 $1,288.65 Fund Balance Estimate District/ Zone Fund Balance, Estimate 7/1/25 Other Revenue Total Levy Amount Requested Expenditure Budget * Operational Fund Balance Projected 6/30/26 Capital Improvement Fund Balance Projected 6/30/26 Fund Balance, Projected 6/30/26 12 $587,867 $25,000 $258,982 $263,859 $131,930 $476,061 $607,990 15 Zones A/B $1,270,474 $50,000 $317,174 $586,902 $145,951 $904,794 $1,050,745 16 $20,396 $1,000 $15,315 $15,973 $7,987 $12,751 $20,738 18 $74,586 $3,000 $15,019 $13,847 $6,924 $71,834 $78,758 19 $83,096 $3,000 $2,981 $5,928 $2,964 $80,185 $83,149 20 $666,997 $30,000 $408,773 $482,598 $241,299 $381,873 $623,172 21 Zones A/B $220,270 $10,000 $17,278 $20,854 $10,427 $216,267 $226,694 22 $1,243,269 $50,000 $827,496 $806,530 $403,265 $910,970 $1,314,235 * Requested Expenditure Budget for Zone 15 include $295,000 in Capital Improvements (Zone A) Staff Recommendation Open Open Public Hearing, Take public testimony Close Close Public Hearing Adopt Adopt Resolution Questions?