PVMMD FY 26-27 Supplement to the 2022 Engineer's Report.pdf — Fairfield City Council, June 16, 2026

PARADISE VALLEY MAINTENANCE AND MONITORING DISTRICT

SUPPLEMENT TO THE 2022 ENGINEER’S REPORT

FISCAL YEAR 2026-2027

CONTENTS

1. Assessment

2. Method of Apportionment

3. District Budget

4. Assessments for Each Parcel

5. Appendix A – 2022 Engineer’s Report

1 ASSESSMENT

WHEREAS, on July 6, 2010, the City Council of City of Fairfield adopted Resolution 2010 -188, approving and ordering the formation of the Paradise Valley Maintenance and Monitoring District (PVMMD), a Geologic Hazard Abatement District within the meaning of California Public Resources Code Division 17 (the “PVMMD”), and appointing itself as the board of directors of the PVMMD (the “PVMMD Board”). This formation was described in the Petition for Formation and in the PVMMD Plan of Control;

WHEREAS, in order to pay for the cost and expenses of maintaining and operating the improvements for the PVMMD as described in the Plan of Control, pursuant to Public Resources Code sections 26500 et seq., it will be necessary to provide a reliable source of funding;

WHEREAS, Public Resources Code sections 26650 et seq. authorize, after a noticed public hearing, the levy and collection of an assessment upon specially benefited property within the PVMMD to pay for the maintenance and operation of PVMMD improvements. Article XIII (D) of the California Constitution imposes additional requirements for the levy and collection of said assessment;

WHEREAS, an Engineer’s Report dated July 2010, was prepared by ENGEO Incorporated (ENGEO), a registered professional engineer, certified in the State of California, in compliance with Public Resources Code section 26651 (a) and section 4(b) of Article XIII(D) of the California Constitution.

The Engineer’s Report sets forth the purpose of the PVMMD, the estimated budget, the total assessment, the proposed estimate to be levied against each parcel within such territory, and a description of the method used in formulating the estimated assessments; and

WHEREAS, on October 5, 2010, the c ouncil of the City of Fairfield, California, acting as the PVMMD Board, adopted Resolution 2010 -274 approving the assessments against those parcels in the PVMMD as identified on the boundary map, which are specially benefitted by the PVMMD;

WHEREAS, on July 5, 2022 , the PVMMD Board adopted No. PVMMD 2022 -01 approving an updated Engineer’s Report (2022 Engineer’s Report) on file in the office of the District Engineer in the City of Fairfield for further particulars;

NOW, THEREFORE, the undersigned, by virtue of the power vested in me under the order of the Board, hereby makes the following assessment to cover the portion of the estimated cost of the maintenance of said improvements and the costs and expenses incidental thereto to be paid by said district as shown in section 3 of this report.

I do hereby assess the net amount upon all assessable lots or parcels in proportion to the estimated benefits to be received by each parcel from the maintenance of said improvements.

2 Each lot or parcel of land assessed is described in the assessment list by reference to its parcel number as shown on the a ssessor's maps of the County of Solano for the f iscal year 2026-2027 and includes all such parcel s excepting those portions thereof within existing public roads or right-of-way to be acquired for public road purposes. For a more particular description of said property, reference is hereby made to the deeds and maps on file and of record in the office of the county recorder of said County.

Dated: _____________ ____________________________
Ryan Panganiban
District Engineer
R.C.E. No. 74795
Expires 12/31/27

3 METHOD OF APPORTIONMENT OF ASSESSMENT

The method of apportionment of assessment and special benefit calculation are described in Section VI. Assessment Method and Benefit of the Engineer’s Report dated July 6, 2022, attached hereto as Appendix A.

PARADISE VALLEY MAINTENANCE AND MONITORING DISTRICT
FUND 186
FY 2026-2027 BUDGET PROJECTIONS
OBJECT FY24-25 ACTUAL FY25-26 ACTUAL* FY 25-26 ORIGINAL FY25-26 PROJECTED FY26-27 PROJECTED FY27-28 PROJECTED FY28-29 PROJECTED FY29-30 PROJECTED FY30-31 PROJECTED 6106 - SPECIAL ASSESSMENTS 79,630 41,947 83,894 83,894 83,894 86,411 89,003 91,673 94,423 6401 - INT INC ON POOLED INVESTMENTS 66,000 38,444 16,648 38,444 17,750 17,772 17,790 17,804 17,815 7311 - DEVELOPERS CONTRIBUTIONS - - - - - - - - - TOTAL REVENUE 145,631 80,391 100,542 122,338 101,643 104,182 106,793 109,477 112,238 8404 - WEED ABATEMENT - - 16,000 16,000 16,000 16,480 16,974 17,484 18,008 8409 - DITCH CLEANING 12,530 - 2,531 2,501 2,531 2,607 2,685 2,766 2,849 8441 - OTHER CONTRACTUAL SERVICES - 4,000 8,100 4,000 8,100 8,343 8,593 8,851 9,117 8445 - MAINTENANCE ROADS & DRAINS 3,700 - 6,200 - 6,200 6,386 6,578 6,775 6,978 8539 - OTHER-DRAINAGE MAINTENANCE 13,436 14,830 4,500 14,830 4,500 4,635 4,774 4,917 5,065 8836 - COST ALLOCATION - - - - - - - - - 8901 - ADMIN/MGMT FEES 15,335 - 20,000 15,000 15,000 15,450 15,914 16,391 16,883 8902 - LEGAL FEES 3,825 26 2,400 2,400 2,400 2,400 2,400 2,400 2,400 8956 - OUTSIDE SERVICES/CONSULTING 35,080 26,820 42,030 42,030 43,071 44,363 45,694 47,065 48,477 9003 - ADVERTISING - - 800 800 800 824 849 874 900 9038 - COUNTY ADMIN EXPENSES 796 419 839 839 839 864 890 917 944 9508 - PJCT CST-OTHER PROJECT COSTS - - - - - - - - - TOTAL EXPENSES 84,702 46,095 103,400 98,400 99,441 102,352 105,351 108,439 111,621 REVENUE 145,631 80,391 100,542 122,338 101,643 104,182 106,793 109,477 112,238 EXPENSES 84,702 46,095 103,400 98,400 99,441 102,352 105,351 108,439 111,621 NET SURPLUS/DEFICIT 60,928 34,296 (2,858) 23,938 2,202 1,830 1,442 1,038 618 BEGINNING FUND BALANCE 1,664,379 1,751,029 1,664,782 1,751,029 1,774,966 1,777,169 1,778,999 1,780,441 1,781,479 MKT VAL-UNREALIZED GAIN/LOSS 25,722 - - - - - - - - NET SURPLUS/DEFICIT 60,928 34,296 (2,858) 23,938 2,202 1,830 1,442 1,038 618 ENDING FUND BALANCE 1,751,029 1,785,324 1,661,924 1,774,966 1,777,169 1,778,999 1,780,441 1,781,479 1,782,097 TARGET FUND BALANCE (+CPI) 1,667,490 1,713,558 1,713,558 1,713,558 1,750,877 1,794,649 1,839,515 1,885,503 1,932,640 CPI 2.76% 2.18% 2.50% 2.18% 2.50% 2.50% 2.50% 2.50% 2.50% TARGET FUND BALANCE SURPLUS/DEFICIT 83,539 71,766 (51,634) 61,408 26,292 (15,650) (59,074) (104,024) (150,544) *As of 5/4/26