CITY OF FAIRFIELD
RESOLUTION NO. 2026-115
APPROVING THE FISCAL YEAR 2026-27 GENERAL OBLIGATION BOND PROPERTY TAX RATES
NOW, THEREFORE, THE COUNCIL OF THE CITY OF FAIRFIELD HEREBY RESOLVES:
Section 1. A zone of benefit property tax rate of 0.00 1600 for fiscal year (FY) 202 6-27 is hereby fixed and established in the amount required to pay $ 435,671 for the City of Fairfield FY 2025-26 unit costs of the North Bay Aqueduct and the obligation for repayment of the "up-front" costs and advances for the North Bay Aqueduct Project, based on the assessed valuation that will be reported by the County Assessor for the FY 2026-27 assessment roll, and the County of Solano is hereby requested to levy said rate.
Section 2. The city manager is hereby authorized to implement this resolution.
PASSED AND ADOPTED this 16th day of June 2026, by the following vote:
AYES: MEMBERS: BERTANI/CARR/PANDURO/SANDHU/TONNESEN/WILLIAMS NOES: MEMBERS: _________________________________________________ ABSENT: MEMBERS: _________________________________________________ ABSTAIN: MEMBERS: _________________________________________________
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ACTING MAYOR
ATTEST:
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CITY CLERK