CFD No.
Resolution
No.
Estimated
Operating Costs
FY 2025
Estimated Levy
Estimated
Excess/
(Deficit)
% of
Max Tax
YOY %
Change in
Levy Rate Notes
CFD No. 2016-2 Tax B 2024-055 41,087 $ 39,132 $ (1,955) $ 96.76% 4.25% (1) & (3) CFD No. 2017-2 Tax B 2024-056 39,560 $ 51,414 $ 11,854 $ 96.77% 4.25% (1) CFD No. 2018-1 Tax B 2024-057 169,152 $ 239,430 $ 70,278 $ 97.05% 4.25% (1) CFD No. 2018-2 Tax B 2024-058 125,349 $ 229,871 $ 104,522 $ 96.86% 4.25% (1) CFD No. 97-1 2024-059 384,506 $ 442,330 $ 57,824 $ 90.45% 2.00% (6) CFD No. 2000-1 O&M 2024-060 20,314 $ 21,991 $ 1,677 $ 33.79% 0.00% (5) CFD No. 2002-2 2024-061 75,307 $ 76,553 $ 1,246 $ 45.68% 2.00% (6) CFD No. 2002-3 2024-062 46,993 $ 19,042 $ (27,951) $ 20.82% 2.00% (6) & (3) CFD No. 2011-1 2024-063 97,815 $ 113,468 $ 15,653 $ 50.21% 10.00% (4) CFD No. 2016-3 Zone 2 52,265 $ 71,449 $ 19,184 $ 96.77% 4.25% (1) CFD No. 2016-3 Zone 3 1,819 $ 3,113 $ 1,294 $ 96.78% 4.25% (1) CFD No. 2016-3 Zone 4 3,919 $ 12,796 $ 8,877 $ 96.78% 4.25% (1) CFD No. 2016-3 Zone 6 13,873 $ 48,314 $ 34,441 $ 96.78% 4.25% (1) CFD No. 2016-3 Zone 8 2,553 $ 4,400 $ 1,847 $ 96.86% 4.25% (1) CFD No. 2016-3 Zone 12 2,197 $ 2,228 $ 31 $ 96.86% 4.25% (1) CFD No. 2016-3 Zone 13 9,499 $ 23,456 $ 13,957 $ 90.06% 4.25% (1) CFD No. 2016-3 Zone 15 1,394 $ 1,329 $ (65) $ 96.86% 4.25% (1) & (3) CFD No. 2016-3 Zone 17 1,952 $ 18,402 $ 16,450 $ 97.15% 4.25% (1) CFD No. 2016-3 Zone 18 2,606 $ 6,533 $ 3,927 $ 97.08% 4.25% (1) CFD No. 2016-3 Zone 19 21,455 $ 30,199 $ 8,744 $ 100.00% 4.25% (2) CFD No. 2016-3 Zone 20 13,545 $ 14,216 $ 671 $ 100.00% 4.25% (2) & (3) CFD No. 2016-3 Zone 21 1,393 $ 5,466 $ 4,073 $ 97.15% 4.25% (1) CFD No. 2016-3 Zone 22 2,015 $ 6,548 $ 4,533 $ 97.15% 4.25% (1) CFD No. 2016-3 Zone 24 3,438 $ 3,593 $ 155 $ 100.00% 4.25% (2) CFD No. 2016-3 Zone 25 1,618 $ 2,412 $ 794 $ 100.00% 4.25% (2) CFD No. 2016-3 Zone 26 31,994 $ 35,301 $ 3,307 $ 100.00% 4.25% (2) CFD No. 2016-3 Zone 27 1,222 $ 2,032 $ 810 $ 100.00% 4.25% (2) CFD No. 2016-3 Zone 31 20,929 $ 22,963 $ 2,034 $ 100.00% 4.25% (2) CFD No. 2016-3 Zone 32 21,816 $ 23,814 $ 1,998 $ 100.00% 4.25% (2) CFD No. 2016-3 Zone 33 4,012 $ 4,300 $ 288 $ 100.00% 4.25% (2) Notes:
(1)
Proposed levy increased by the March 2024 Consumer Price Index of 4.25%, as defined in the RMA. (3)
Estimated operating deficit will be covered by a one-time contribution from the capital reserve. (4)
Proposed levy increased by 10% is necessary to build up capital reserve for CFD No. 2011-1 for future improvements. (5)
Due to sufficient reserve balance in the Districts, the proposed levy is 0% for Fiscal Year 2025. (6)
Due to sufficient reserve balance in the Districts, the proposed levy is 2% for Fiscal Year 2025.
Exhibit 1
Summary of Estimated Levies & Operating Costs
2024-064
(2)
Proposed levy increased by Consumer Price Index of 4.25% for March 2024 as defined in the RMA. Maximum increase is needed to meet the operating costs.