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Community Development Agency, Administration and Finance Division, recommending the Board adopt Resolution 243-2014 setting for mailed ballot election on May 5, 2015 a measure to consider a special tax for the purposes of providing road improvement and maintenance services and drainage facility maintenance services in the Many Oaks Lane Zone of Benefit No. 98132 within County Service Area No. 9 to replace the current benefit assessment.
FUNDING: Zone of Benefit Assessment. (No Federal Funding)
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BUDGET SUMMARY:
Total Estimated Cost…………… $1,100.00
Budget - Current FY…………… $1,100.00
Budget - Future FY………………
New Funding…………………….
Savings…………………………
Other……………………………
Total Funding Available………… $1,100.00
Change To Net County Cost…… $0.00
Fiscal Impact/Change to Net County Cost
The estimated cost of the election is $1,100.00. All costs associated with the election will be funded from the existing Many Oaks Lane Zone of Benefit assessment. There is no Net County Cost.
Background
The Board of Supervisors formed the Many Oaks Lane Zone of Benefit No. 98132 on May 27, 1986 for the purpose of providing road improvement and maintenance and drainage facility maintenance service. Beginning with fiscal year 1986-1987, zone operations have been funded through annual benefit assessments upon each parcel of land within the zone boundaries.
A total of 97 parcels within the zone are currently assessed $125.00 annually, generating $12,125.00 in revenue to fund road improvement and maintenance and drainage facility maintenance on 3.89 miles of road within the zone. If the proposed measure is approved, the current benefit assessment will be replaced with an annual special tax in the amount of $250.00 per parcel. If approved, the special tax will result in annual revenue of $24,250.00, beginning with fiscal year 2015-2016, an increase of $12,125.00 over the current assessment.
Reason for Recommendation
The zone advisory committee notified Commun...
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