03/24/2026 Item No.9.
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Net (Expense)/Revenue
Governmental activities (54,072,185)$ (55,250,030)$ (58,639,866)$ (35,826,827)$ (52,595,239)$ (52,356,048)$ (28,642,754)$ (36,642,707)$ (46,889,631)$ (52,357,133)$ Business-type activities 5,923,732 12,717,297 5,768,466 28,205,851 12,165,385 15,810,913 14,350,767 24,289,951 21,191,018 35,368,763 Total primary gov't net (exp)/rev (48,148,453)$ (42,532,733)$ (52,871,400)$ (7,620,976)$ (40,429,854)$ (36,545,135)$ (14,291,987)$ (12,352,756)$ (25,698,613)$ (16,988,370)$ General Revenue and Other changes in Net Position
Government activities:
Taxes
Property 21,732,471$ 23,301,973$ 24,537,819$ 26,669,899$ 28,803,455$ 31,253,436$ 33,225,451$ 37,224,284$ 41,045,572$ 43,965,065$ Sales and use 22,168,300 24,721,293 22,294,827 25,359,293 22,616,404 25,846,985 27,900,779 28,102,378 27,636,132 26,938,575 Other 3,202,564 3,716,243 3,820,424 4,070,333 3,116,568 2,867,348 4,949,172 4,760,019 4,527,162 4,727,955 Payments in lieu of services - - - - - - - - - - Vehicle License Fees - - - - - - - - - - Investments earnings (loss) 7,220,125 (2,344,854) (3,666,825) 11,463,007 3,583,755 16,572,391 (47,159,517) 5,622,881 12,203,978 4,844,082 Miscellaneous 2,764,118 2,189,407 4,408,453 1,922,130 2,887,613 1,962,835 1,866,914 5,318,770 1,947,816 2,212,399 Gain/(loss) on disp of cap assets 168,454 - - - - - - - - Transfers 2,600,454 2,869,992 3,008,033 3,003,762 2,580,627 2,767,096 3,242,412 3,167,117 3,197,412 3,826,574 Special Items:
Capital Contributions
Gain on dissolution of RDA
Xfer Asset from Successor Agency (1) 381,150 - 9,812,877 - - - - - - Xfer Asset from Transit to City (1) 290,936 - - - - - Total governmental activities 60,237,636 54,454,054 64,215,608 72,779,360 63,588,422 81,270,091 24,025,211 84,195,449 90,558,072 86,514,650 Business-type activities:
Investment earnings 501,674 205,005 187,322 1,367,314 1,231,207 198,962 (1,247,148) 1,327,294 4,224,861 5,083,335 Transfers (2,600,454) (2,869,992) (3,008,033) (3,003,762) (2,580,627) (2,767,096) (3,242,412) (3,167,117) (3,197,412) (3,826,574) Special Items:
Annexation of Transit Services (1) - - - 542,935 - - - - - Transfer of Assets-Transit to City (1) - - - (290,936) - - - - - Total business-type activities (2,098,780) (2,664,987) (2,820,711) (1,384,449) (1,349,420) (2,568,134) (4,489,560) (1,839,823) 1,027,449 1,256,761 Total primary government 58,138,856$ 51,789,067$ 61,394,897$ 71,394,911$ 62,239,002$ 78,701,957$ 19,535,651$ 82,355,626$ 91,585,521$ 87,771,411$ Change in Net Position
Governmental activities 6,165,451 (795,976) 6,495,817 36,952,533 10,993,183 28,914,043 (4,617,543) 47,552,742 43,668,441 34,142,623 Business-type activities 3,824,952 10,052,310 2,947,755 26,821,402 10,815,965 13,242,779 9,861,207 22,450,128 22,218,467 36,625,524 Total Primary Government 9,990,403$ 9,256,334$ 9,443,572$ 63,773,935$ 21,809,148$ 42,156,822$ 5,243,664$ 70,002,870$ 65,886,908$ 70,768,147$ Net Position beginning of Year 456,469,616 466,460,019 377,597,129 387,040,701 450,814,636 472,623,784 514,780,606 520,024,270 590,027,140 659,490,127 (as restated in prior fiscal years)
Net Position End of Year 466,460,019$ 475,716,353$ 387,040,701$ 450,814,636$ 472,623,784$ 514,780,606$ 520,024,270$ 590,027,140$ 655,914,048$ 730,258,274$ Source: The City's Annual Comprehensive Financial Report (1) Transit operations were annexed by the Sacramento Regional Transit District effective 02-04-2019 (accrual basis of accounting)
Fiscal Year
Schedule 2
CITY OF FOLSOM, CALIFORNIA
Changes in Net Position
Last Ten Fiscal Years
$-
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Total Primary Government
Changes in Net Position
205
03/24/2026 Item No.9.
2016 2017 2018 2019 2020
General Fund
Reserved
Unreserved
Nonspendable 400,319 448,971 442,084 1,105,568 903,432 Restricted
Committed
Assigned 1,234,023 1,201,309 1,869,501 2,214,552 1,018,076 Unassigned 10,950,323 15,536,918 15,699,123 20,349,892 13,776,114 Total Fund Balance 12,584,665$ 17,187,198$ 18,010,708$ 23,670,012$ 15,697,622$ All Other Governmental Funds
Reserved
Unreserved
Nonspendable 398,396 428,782 429,294 434,118 442,345 Restricted 170,205,119 157,036,583 195,058,817 187,443,271 224,721,017 Committed 3,581,269 3,690,161 5,201,522 5,425,995 5,728,164 Assigned 3,160,859 3,309,690 3,587,539 11,369,695 3,444,634 Unassigned (968,842) (1,150,620) (847,149) 1,790,354 (1,165,190) Total Fund Balance 176,376,801$ 163,314,596$ 203,430,023$ 206,463,433$ 233,170,970$ 2021 2022 2023 2024 2025
General Fund
Nonspendable 455,628 660,464 1,507,764 1,577,071 1,547,597 Restricted 1,152,276 940,579
Committed
Assigned 1,813,094 2,998,099 6,294,654 6,723,071 3,845,592 Unassigned 19,200,703 23,260,485 22,961,939 24,941,979 25,335,749 Total Fund Balance 21,469,425$ 26,919,048$ 30,764,357$ 34,394,397$ 31,669,517$ All Other Governmental Funds
Nonspendable 452,584 455,583 463,719 480,930 499,531 Restricted 270,720,065 257,561,870 304,042,368 353,732,896 400,240,900 Committed 5,785,155 5,349,293 6,388,285 4,240,551 10,434,068 Assigned 3,493,384 3,512,989 3,566,549 553,733 - Unassigned (1,586,720) (522,789) (349,182) (116,241) (167,945) Total Fund Balance 278,864,468$ 266,356,946$ 314,111,739$ 358,891,869$ 411,006,554$ Source: The City's Annual Comprehensive Financial Report Fund Balances, Governmental Funds,
Fiscal Year 2025, With Ten Year Trend Analysis
(modified accrual basis of accounting)
Schedule 3
CITY OF FOLSOM, CALIFORNIA
206
03/24/2026 Item No.9.
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207
03/24/2026 Item No.9.
Revenue 2016 2017 2018 2019 2020
Taxes 47,103,335$ 51,739,509$ 50,653,070$ 56,099,525$ 54,536,426$ Licenses, fees and permits 2,098,807 2,171,246 2,775,305 3,070,682 3,425,992 Vehicle License fees 5,895,909 6,065,568 6,484,423 6,902,484 7,357,030 Intergovernmental revenue 12,819,545 15,233,546 12,347,078 14,273,982 12,617,895 Charges for services 20,388,258 22,787,464 36,304,402 33,058,288 29,788,664 Fines and penalties 729,673 954,261 921,339 2,275,631 2,384,362 Assessment collections 1,460,233 908,120 35,728 5,807 254 Investment earnings (loss) 7,068,427 (2,356,010) (3,655,867) 11,010,736 3,150,904 Miscellaneous 2,764,118 2,189,407 2,618,452 1,922,131 2,887,614 Total revenue 100,328,305$ 99,693,111$ 108,483,930$ 128,619,266$ 116,149,141$ Expenditures
General government 17,392,563$ 17,718,687$ 18,859,432$ 14,700,625$ 21,910,491$ Public safety 34,351,734 37,299,200 37,216,488 42,122,571 44,678,765 Public ways and facilities 10,763,219 10,546,397 12,921,054 12,167,798 12,642,949 Community services 3,975,512 4,722,516 6,196,867 6,719,373 6,968,176 Culture and recreations 12,850,827 13,387,547 14,349,508 15,139,603 14,182,818 Capital outlay 6,833,189 9,921,548 18,189,160 16,002,288 13,282,395 Debt Service:
Principal 11,090,135 12,600,203 8,027,092 10,206,479 9,027,004 Interest and fiscal charges 5,119,301 4,835,589 2,540,176 4,642,841 4,935,225 Cost of issuance - - - - - Total expenditures 102,376,480$ 111,031,687$ 118,299,777$ 121,701,578$ 127,627,823$ (2,048,175)$ (11,338,576)$ (9,815,847)$ 6,917,688$ (11,478,682)$ Other Financing Sources (Uses)
Sale of property - - - - - Issuance of debt 6,675,000 - 88,670,000 - 23,735,000 Bonds defeased - - - - - Bond refunding - - - - - Bond discount - - - - - Issuance of loan - - 1,790,000 - - Bond premium - - - - 3,322,109 Payment to refunded escrow agent - - (52,535,000) - - - - - - - - - - - - - - - - - Transfers in 6,439,736 6,331,555 8,063,764 7,572,261 6,603,421 Transfers out (3,025,319) (3,452,651) (5,046,857) (5,797,235) (3,446,701) Total other financing sources (Uses) 10,089,417$ 2,878,904$ 40,941,907$ 1,775,026$ 30,213,829$ Net change in fund balances 8,041,242$ (8,459,672)$ 31,126,060$ 8,692,714$ 18,735,147$
17.0% 17.3% 10.6% 14.0% 12.2%
Source: The City's Annual Comprehensive Financial Report Schedule 4
CITY OF FOLSOM, CALIFORNIA
Changes in Fund Balances, Governmental Funds
Fiscal Year 2025, With Ten Year Trend Analysis
(modified accrual basis of accounting)
Debt services as a percentage of
non-capital expenditures
Excess of revenue over (under)
expenditures
Amortized loss on PY bond refinance
Extraordinary loss on dissolution of RDA
SBITA proceeds
208
03/24/2026 Item No.9.
2021 2022 2023 2024 2025 Revenue
59,967,769$ 66,075,401$ 70,086,681$ 73,208,867$ 75,631,595$ Taxes 4,248,555 4,302,902 4,017,997 4,983,299 3,897,831 Licenses, fees and permits 7,823,848 8,342,739 8,998,734 9,829,629 10,421,709 Vehicle License fees 22,156,779 29,974,236 26,895,559 27,182,742 22,124,299 Intergovernmental revenue 35,282,381 45,934,547 46,419,808 55,533,132 42,990,319 Charges for services 4,937,421 6,824,646 4,377,342 6,523,222 4,212,192 Fines and penalties 609 611 69 (179) 246 Assessment collections 16,608,400 (46,784,425) 5,425,622 12,210,484 4,036,504 Investment earnings (loss) 1,962,835 1,857,797 5,318,770 1,550,737 865,020 Miscellaneous 152,988,597$ 116,528,454$ 171,540,582$ 191,021,933$ 164,179,715$ Total revenue Expenditures
18,108,326$ 17,798,781$ 20,016,712$ 20,722,610$ 21,853,035$ General government 46,221,823 49,366,108 49,716,290 54,769,982 59,198,703 Public safety 15,475,320 15,078,169 18,451,784 17,279,248 16,193,280 Public ways and facilities 6,825,605 8,014,879 9,175,089 8,601,565 7,897,809 Community services 14,609,268 15,356,976 14,416,294 19,026,607 19,721,055 Culture and recreations 9,667,003 21,483,042 18,440,337 25,028,245 18,834,658 Capital outlay Debt Service:
6,229,787 6,264,954 7,319,407 4,951,867 5,148,367 Principal 5,044,609 5,606,210 6,297,360 6,593,807 7,889,719 Interest and fiscal charges - - - - Cost of issuance 122,181,741$ 138,969,119$ 143,833,273$ 156,973,931$ 156,736,626$ Total expenditures 30,806,856$ (22,440,665)$ 27,707,309$ 34,048,002$ 7,443,089$ Excess of revenue over (under) expenditures Other Financing Sources (Uses)
- - - - Sale of property 24,740,000 11,855,000 20,655,000 10,884,783 37,440,000 Issuance of debt (9,325,000) - - - - Bonds defeased - - - - - Bond refunding - - - - - Bond discount - - - - - Issuance of loan 1,769,349 275,791 (39,146) - 2,292,446 Bond premium - - - - - Payment to refunded escrow agent - - - - - Amortized loss on PY bond refinance - - - - - - - - 501,083 1,105,365 SBITA proceeds 5,784,353 4,589,055 4,454,442 4,056,639 6,096,488 Transfers in (2,310,257) (1,337,080) (1,177,504) (1,080,338) (4,987,583) Transfers out 20,658,445$ 15,382,766$ 23,892,792$ 14,362,167$ 41,946,716$ Total other financing sources (Uses) 51,465,301$ (7,057,899)$ 51,600,101$ 48,410,169$ 49,389,805$ Net change in fund balances
10.0% 10.1% 10.9% 8.8% 9.4%
Debt services as a percentage of
non-capital expenditures
(modified accrual basis of accounting)
Last Ten Fiscal Years
Changes in Fund Balances, Governmental Funds
CITY OF FOLSOM, CALIFORNIA
Schedule 4
Extraordinary loss on dissolution of RDA
209
03/24/2026 Item No.9.
Fiscal Total Estimated Factor of
Year Less Total Taxable Direct Actual Taxable
Ended Residential Commercial Industrial Unsecured Tax Exempt Assessed Tax Taxable Assessed June 30 Property Property Property Other (1) Property Property Value Rate (2) Value Value 2016 8,227,029$ 2,206,981$ 162,828$ 1,021,962$ 367,993$ 356,949 $ 11,629,844$ 1.4196 13,598,364$ (3) 1.169265 (3) 2017 8,671,194 2,315,233 162,343 1,076,357 364,265 370,001 12,219,391 1.4648 13,550,693 (3) 1.108950 (3) 2018 9,209,650 2,467,359 166,859 1,091,858 348,764 426,578 12,857,912 1.4970 15,154,811 (3) 1.178637 (3) 2019 9,709,630 2,665,776 170,999 1,223,745 379,698 443,387 13,706,461 1.4982 16,490,101 (3) 1.203090 (3) 2020 10,495,984 2,889,095 195,961 1,075,127 381,060 456,789 14,580,438 1.4956 17,358,468 (3) 1.190531 (3) 2021 10,765,538 2,918,956 182,606 1,742,550 390,843 485,246 15,515,246 1.4894 17,852,872 (3) 1.150666 (3) 2022 12,543,846 3,152,961 216,994 698,215 370,098 494,765 16,487,349 1.6812 20,577,004 (3) 1.248048 (3) 2023 13,130,722 3,059,491 229,898 1,439,772 463,096 500,143 17,822,836 1.5604 24,465,087 (3) 1.372682 (3) 2024 15,143,819 1,528,058 246,487 2,734,484 531,268 729,397 19,454,719 1.4712 25,248,459 (3) 1.297806 (3) 2025 15,866,984 1,471,061 249,373 3,291,100 440,119 743,184 20,575,453 1.4662 27,707,156 (3) 1.346612 (3) Source: County Assessor data, Avenu Insights & Analytics. (1) Other property includes unitary in the amount of $154,000. (2) Total direct tax rate is represented by Tax Rate Areas 04-000 04-004 and 04-027 (3) As of 2012-13, Estimated Actual Value is being calculated and reported in compliance with GASB No. 44 guidelines.
Estimated Actual Value is derived from a series of calculations comparing median assessed values from 1940 to current median sale prices.
Based on these calculations a multiplier value was extrapolated and applied to current assessed values.
Note: In 1978, California voters passed Proposition 13, which limited property taxes to a total maximum rate of 1% based upon the assessed value of the property being taxed. Each year, the assessed value of property may be increased by an inflation factor (limited to a maximum increase of 2%). With few exceptions, property is only reassessed at the time that it is sold to a new owner. At that point, the new assessed value is reassessed at the purchase price of the property sold.
The assessed valuation data shown above represents the only data currently available with respect to the actual market value of taxable property and is subject to the limitations described above.
Schedule 5
CITY OF FOLSOM, CALIFORNIA
Assessed Value and Estimated Actual Value of Taxable Property Fiscal Year 2025, With Ten Year Trend Analysis
(in thousands of dollars)
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Assessed Value of Taxable Property
(in thousands of dollars)
210
03/24/2026 Item No.9.
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Motor Vehicle and Parts Dealers 466,504$ 485,631$ 491,987$ 494,930$ 489,842$ 575,818$ 556,985$ 585,748$ 636,345$ 480,057$ Home furnishings and appliances 96,706 93,502 92,162 95,168 86,538 97,158 95,165 84,794 77,904 61,458 Bld Matrl and Garden Equip 108,524 110,962 115,803 116,980 143,114 147,470 143,302 133,934 127,036 100,095 Food and Beverage Stores 81,880 85,460 89,824 78,242 86,569 89,034 90,881 91,293 92,741 67,866 Gasoline Stations 64,270 73,240 82,738 93,517 59,380 86,780 110,428 99,114 95,533 71,093 Clothing & Clothing Accessories 177,476 179,489 183,062 182,119 123,108 180,677 184,492 182,602 178,043 123,318 General merchandise stores 279,606 304,177 324,505 334,005 310,201 365,302 421,359 391,032 380,136 258,097 Food Services and Drinking Places 188,911 202,655 210,940 222,864 170,535 237,024 268,313 286,613 304,389 233,196 Other retail stores 131,765 128,316 130,431 123,931 110,499 137,782 139,067 131,717 125,193 86,516 Subtotal retail 1,595,642 1,663,432 1,721,452 1,741,756 1,579,786 1,917,045 2,009,992 1,986,847 2,017,320 1,481,696 All other outlets 232,418$ 280,610$ 262,345$ 351,655$ 215,604$ 217,177$ 243,334$ 242,461$ 219,363$ 154,099$ Total 1,828,060$ 1,944,042$ 1,983,797$ 2,093,411$ 1,795,390$ 2,134,222$ 2,253,326$ 2,229,308$ 2,236,683$ 1,635,795$ Sources: California Department of Tax and Fee Administration (CDTFA) Note: Taxable transactions information is only available through third quarter of 2025. Certain prior years have been updated with revised information.
Schedule 5A
CITY OF FOLSOM CALIFORNIA
Taxable Transactions by Category
Fiscal Year 2025, With Ten Year Trend Analysis
(Taxable transactions in thousands of dollars)
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
211
03/24/2026 Item No.9.
Basic
County, City,
School Levy
Sacramento
Regional County
Sanitation
Sacramento
County
Bonds
Total
District
Rates
General
Obligation -
School
Districts (1)
Los Rios
Community
College
Folsom
Cordova
Bond Area
#2
Folsom
Cordova
Bond Area
#3
Folsom
Cordova
Bond Area
#5
San Juan
Unified
Bond
2016 1.0000 0.0000 0.0000 1.0000 .0000 - .0369 0.0273 0.031 0.1129 0.0568 0.1547 2017 1.0000 0.0000 0.0000 1.0000 .0000 - .0219 0.0423 0.0584 0.1259 0.0641 0.1522 2018 1.0000 0.0000 0.0000 1.0000 .0000 - .0000 0.0390 0.0516 0.1878 0.0071 0.2115 2019 1.0000 0.0000 0.0000 1.0000 .0000 - .0000 0.0393 0.0562 0.1451 0.0583 0.1993 2020 1.0000 0.0000 0.0000 1.0000 .0000 - .0000 0.0696 0.058 0.1366 0.0543 0.1793 2021 1.0000 0.0000 0.0000 1.0000 .0000 - .0000 0.0223 0.0254 0.2065 0.0543 0.1809 2022 1.0000 0.0000 0.0000 1.0000 .0000 - .0000 0.0249 0.0247 0.3881 0.0548 0.1887 2023 1.0000 0.0000 0.0000 1.0000 .0000 - .0000 0.0226 0.0217 0.2758 0.053 0.1873 2024 1.0000 0.0000 0.0000 1.0000 .0000 - .0000 0.0192 0.0206 0.2063 0.0519 0.1732 2025 1.0000 0.0000 0.0000 1.0000 .0000 - .0000 0.0200 0.0179 0.1970 0.0517 0.1796 Source: Sacramento County, Department of Finance, Auditor-Controller; Avenu Insights & Analytics (1) Compilation of Tax Rates represent the low and high end.
Note: In 1978, California voters passed Proposition 13, which limited property taxes to a total maximum rate of 1% based upon the assessed value of the property being taxed. Each year, the assessed value of property may be increased by an inflation factor (limited to a maximum increase of 2%). With few exceptions, property is only reassessed at the time that it is sold to a new owner. At that point, the new assessed value is reassessed at the purchase price of the property sold.
The assessed valuation data shown above represents the only data currently available with respect to the actual market value of taxable property and is subject to the limitations described above.
County District Rates
Schedule 6
CITY OF FOLSOM, CALIFORNIA
Direct and Overlapping Property Tax Rates
Fiscal Year 2025, With Ten Year Trend Analysis
(rate per $100 of assessed value)
School District, Bonds & Assessments
212
03/24/2026 Item No.9.
Percentage Percentage
Of Total Total
Taxable Taxable Taxable Taxable
Assessed Assessed Assessed Assessed
Taxpayer Value Rank Value Value Rank Value
Intel Corp 756,041$ 1 3.67% 603,484$ 1 5.19% Broadstone Land LLC 169,514 2 0.82% 163,674 2 1.41% Prime Falls LLC 152,298 3 0.74% 0.00% Pique Apts LLC 121,829 4 0.59% 0.00% Toll West Inc. 114,070 5 0.55% 0.00% Talavera Ridge Apts LP 101,920 6 0.50% 0.00% Broadstone Market Place LLC 91,691 7 0.45% 0.00% Folsom Residences LLC 79,890 8 0.39% 0.00% KB Parkshore Dst 75,065 9 0.36% 0.00% Sequoia Equities Iron Point 72,259 10 0.35% 0.00% Chelsea Financing Partnership 62,791 5 0.54% Kaiser Foundation Hospitals 82,027 3 0.71% Spectrum Waples Street LP 68,369 4 0.59% Kikkoman Foods Inc. 59,845 6 0.51% Kirkwood Village Assoc. Ltd. 58,200 7 0.50% Overlook At Blue Ravine LLC 54,707 8 0.47% Sherwood Iron Point LP 53,907 9 0.46% CW Parkshore Plaza LLC 49,356 10 0.42% Total 1,734,577$ 8.43% 1,256,360$ 10.80% Sources: Avenu Insights & Analytics, Sacramento County Assessor Combined Tax Rolls (in thousands of dollars)
2025 2016
Schedule 7
CITY OF FOLSOM, CALIFORNIA
Principal Property Tax Payers
Fiscal Year 2025, And Nine Years Ago
213
03/24/2026 Item No.9.
Jeff Emslie
Fiscal Year Taxes Levied
Ended for the Percent
June 30 Fiscal Year Amount of Levy (1)
2016 21,367$ 20,819$ 97.44% 2017 22,377.00 22,002.00 98.32%
2018 23,564.00 23,269.00 98.75%
2019 25,161.00 24,833.00 98.70%
2020 27,189.00 26,813.00 98.62%
2021 29,518.00 29,170.00 98.82%
2022 31,175.00 30,836.00 98.91%
2023 35,127.00 34,675.00 98.71%
2024 39,600.00 39,164.00 98.90%
2025 42,846.00 42,210.00 98.52%
Source: County of Sacramento, Department of Finance, Tax Accounting Bureau (1) The City of Folsom participates in an alternative method of property tax apportionment permitted by the State Revenue and Taxation Code, Section 4701, more commonly known as the "Teeter Plan". Under this plan, current secured real property tax levies are distributed by Sacramento County to the City as if the taxes had been collected in full. In return, the County retains all rights to collect any delinquencies and subsequent penalties and interest. Thus, under the Teeter Plan, the City receives 100% of all secured real property taxes levied.
Collected within the
Fiscal Year of the Levy
Schedule 8
CITY OF FOLSOM, CALIFORNIA
Property Tax Levies and Collections
Fiscal Year 2025, With Ten Year Trend Analysis
(in thousands of dollars)
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
$45,000
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Property Tax Levies and Collections
Taxes Levied
Series2
214
03/24/2026 Item No.9.
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215
03/24/2026 Item No.9.
2016 2017 2018 2019 2020
Governmental Activities
General Obligation Bonds 2,315,000$ 825,000$ -$ -$ -$ Certificates of Participation - - - - - FPFA Revenue Bonds 103,207,933 93,841,368 124,427,251 114,621,540 129,744,921 RDA Tax Allocation Bonds - - - - - City Hall & Fire Station Lease
Obligation 4,640,514 3,117,370 1,692,207 1,526,817 1,354,632 Owner Participation
Agreements - - - - - Special Assessment Debt - - - - - Notes Payable - - - - - Long-Term Loan - - 1,628,000 1,221,000 1,235,739 Add: Discounts/premiums, net - - 4,295,904 7,446,331 Capital Leases 1,687,885 1,467,391 1,239,579 1,004,201 761,001 SBITA payables - - - - - Business-Type Activities
Revenue Bonds 23,181,993$ 21,973,818$ 20,725,423$ 19,438,757$ 17,319,283$ Add: Issue Discount/prem, net - - - 37,116 1,023,938 Capital Leases - - - - - Note Payable - - - - - Total Primary Government 135,033,325$ 121,224,947$ 149,712,460$ 142,145,335$ 158,885,845$ Percentage of Personal Income Not available Not available Not available Not available Not available Per Capita 1,872 1,652 2,036 1,909 2,089 Population 72,131 73,389 73,521 74,479 76,065 Sources: The City's Annual Comprehensive Financial Report; State Department of Finance
Fiscal Year 2025, With Ten Year Trend Analysis
Ratio of Outstanding Debt by Type
CITY OF FOLSOM, CALIFORNIA
Schedule 9
216
03/24/2026 Item No.9.
2021 2022 2023 2024 (restated) 2025
Governmental Activities
-$ -$ -$ -$ -$ General Obligation Bonds - - - - - Certificates of Participation 139,355,207 145,385,000 159,030,000 165,795,000 199,010,000 FPFA Revenue Bonds - - - - RDA Tax Allocation Bonds 1,180,846 1,000,748 814,635 622,815 420,692 City Hall & Fire Station Lease
Obligation
- - - - - Owner Participation Agreements - - - - - Special Assessment Debt - - - - - Notes Payable 563,431 - - - - Long-Term Loan 8,933,261 8,867,655 8,477,920 8,253,424 10,099,248 Add: Discounts/premiums, net 509,714 250,065 126,771 45,996 - Capital Leases - - - 2,511,329 2,276,234 SBITA payables Business-Type Activities
16,291,000$ 14,868,000$ 13,415,000$ 11,921,000$ 10,377,000$ Revenue Bonds 910,167 796,396 682,625 568,834 455,083 Add: Issue Discount/prem, net - - - 32,445 - Capital Leases - - - - - Note Payable 167,743,626$ 171,167,864$ 182,546,951$ 189,750,843$ 222,638,257$ Total Primary Government Not available Not available Not available Not available Not available Percentage of Personal Income 2,152 2,146 2,246 2,274 2,544 Per Capita 77,942 79,758 81,278 83,443 87,532 Population Schedule 9
Last Ten Fiscal Years
Ratio of Outstanding Debt by Type
CITY OF FOLSOM, CALIFORNIA
217
03/24/2026 Item No.9.
Percent of
General Assessed
Fiscal Obligation Redevelopment Value of Per
Year Bonds Bonds Total Property (1) Capita (2) Population (3) 2016 2,315,000$ -$ 2,315,000$ 0.02% 32.09 72,131 2017 825,000 - 825,000 0.01% 11.24 73,389 2018 - - - 0.00% - 73,521 2019 - - - 0.00% - 74,479 2020 - - - 0.00% - 76,065 2021 - - - 0.00% - 77,942 2022 - - - 0.00% - 79,758 2023 - - - 0.00% - 81,278 2024 - - - 0.00% - 83,443 2025 - - - 0.00% - 87,532 Source: The City's Annual Comprehensive Financial Report (1) See Schedule 5 for property value data.
(2) Population data can be found in Schedule 14.
(3) Population figures used for per capita calculation excludes the inmate population at Folsom Prison.
General Bonded Debt Outstanding
Schedule 10
CITY OF FOLSOM, CALIFORNIA
Ratios of General Bonded Debt Outstanding
Fiscal Year 2025, With Ten Year Trend Analysis
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
$0
$200
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
218
03/24/2026 Item No.9.
2024-25 Assessed Valuation: $20,671,394,203
Total Debt City’s Share of
DIRECT & OVERLAPPING TAX AND ASSESSMENT DEBT: 6/30/2025 % Applicable (1) Debt 6/30/25 Los Rios Community College District 356,335,000$ 7.394% 26,347,410$ Folsom Cordova Unified School District School Facilities Improvement District No. 2 8,187,432 99.768 8,168,437 Folsom Cordova Unified School District School Facilities Improvement District No. 3 178,687,758 56.659 101,242,697 Folsom Cordova Unified School District School Facilities Improvement District No. 5 174,275,000 99.980 174,240,145 San Juan Unified School District 673,593,387 0.658 4,432,244 Special District 1915 Act Bonds (Estimate) 302,362,488 2.871-100. 17,886,216 City of Folsom PFA Revenue Bonds & Direct Borrowing and Placement Notes 207,390,000 100 207,390,000 TOTAL DIRECT & OVERLAPPING TAX AND ASSESSMENT DEBT $539,707,149 DIRECT & OVERLAPPING GENERAL FUND DEBT:
Sacramento County General Fund Obligations 91,907,145$ 8.863% 8,145,730$ Sacramento County Pension Obligation Bonds 308,630,000 8.8630 27,353,877 Sacramento County Board of Education General Fund Obligations 1,120,000 8.8630 99,266 Sacramento Metropolitan Fire District General Fund Obligations 6,903,000 0.126 8,698 Sacramento Metropolitan Fire District Pension Obligation Bonds 20,200,000 0.126 25,452 City of Folsom City Hall & Fire Station Lease Obligation 522,618 100 522,618 City of Folsom Net Discounts/Premiums 8,253,424 100 8,253,424 TOTAL GROSS DIRECT AND OVERLAPPING GENERAL FUND DEBT $44,409,065 Less: Sacramento County supported obligations 847,050
TOTAL NET DIRECT AND OVERLAPPING GENERAL FUND DEBT 43,562,015$ OVERLAPPING TAX INCREMENT DEBT (Successor Agency): 35,870,000$ 100% 35,870,000$ TOTAL DIRECT DEBT 211,806,174$
TOTAL GROSS OVERLAPPING DEBT 403,820,172
TOTAL NET OVERLAPPING DEBT 402,973,122
GROSS COMBINED TOTAL DEBT 615,626,346
NET COMBINED TOTAL DEBT 614,779,296
Ratios to 2024-25 Assessed Valuation
Direct Debt ($207,390,000) 1.00%
Total Direct and Overlapping Tax and Assessment Debt 2.61% Total Direct Debt ($216,166,042) 1.05%
Gross Combined Total Debt 3.00%
Net Combined Total Debt 3.00%
Ratios to Redevelopment Successor Agency Incremental Valuation ($1,314,701,532) :
Total Overlapping Tax Increment Debt 2.73%
Source: Avenue Insights & Analytics and California Municipal Statistics, Inc. (1) The percentage of overlapping debt applicable to the city is estimated using taxable assessed property value. Applicable percentages were estimated by determining the portion of the overlapping district's assessed value that is within the boundaries of the city divided by the district's total taxable assessed value.
(2) As of 6/30/24.
(3) Excludes tax and revenue anticipation notes, enterprise revenue, and mortgage revenue and non-bonded capital lease obligations.
Schedule 11
CITY OF FOLSOM, CALIFORNIA
Computation of Direct and Overlapping
Fiscal Year 2025
219
03/24/2026 Item No.9.
Assessed
Value
Debt Limit
Percentage
(1) Debt Limit
Total net debt
applicable to the
limit as a percentage
of debt limit
Legal debt
margin
Total net debt applicable to
the limit as a percentage of
debt limit
2016 13,598,364$ 3.75% 509,939$ 2,315$ 507,624$ 0.45% 2017 13,550,693 3.75% 508,151 825 507,326 0.16% 2018 15,154,811 3.75% 568,305 - 568,305 0.00% 2019 16,490,101 3.75% 618,379 - 618,379 0.00% 2020 17,358,468 3.75% 650,943 - 650,943 0.00% 2021 17,852,872 3.75% 669,483 - 669,483 0.00% 2022 20,577,004 3.75% 771,638 - 771,638 0.00% 2023 24,465,087 3.75% 917,441 - 917,441 0.00% 2024 25,248,459 3.75% 946,817 - 946,817 0.00% 2025 27,707,156 3.75% 1,039,018 - 1,039,018 0.00% Sources: The City's Annual Comprehensive Financial Report; MuniServices (1) The California Government Code, Section 32605 provides for a legal debt limit of 15 % of gross assessed valuation.
However, this provision was enacted when assessed valuation was based on 25% of market value. Effective fiscal year 1981-1982, each parcel is assessed at 100 % market value as of the most recent change of ownership for that parcel.
Thus, the factor used to calculate the total net debt applicable to limit is 3.75% (25% * 15%) (in thousands of dollars)
Schedule 12
CITY OF FOLSOM, CALIFORNIA
Legal Debt Margin
Fiscal Year 2025, With Ten Year Trend Analysis
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
100.00%
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Legal Debt Margin
Percentage of Debt Limit
220
03/24/2026 Item No.9.
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221
03/24/2026 Item No.9.
2016 2017 2018 2019 2020
Water Revenue Bonds
Utility Services Charges 12,400,653$ 13,737,197$ 14,209,217$ 13,912,610$ 15,561,068$ Inv. Income & Other 1,664,700 1,466,236
Less Operating Expense 8,230,547 8,571,343 9,611,666 10,016,691 11,393,485 Net Available Revenue 4,170,106 5,165,854 4,597,551 5,560,619 5,633,819 Debt Service-Principal 1,170,788 1,208,175 1,248,395 1,286,666 1,384,474 Debt Service-Interest 832,891 796,495 758,911 718,190 505,683 2,003,679$ 2,004,670$ 2,007,306$ 2,004,856$ 1,890,157$ Coverage 2.08 2.58 2.29 2.77 2.98
Special Assessment & Community Facility
Bonds
Special Assessment Collections 16,152,972 15,611,680 15,115,858 15,415,808 16,013,670 Debt Service-Principal 9,480,329 10,932,664 7,113,480 10,965,665 10,137,773 Debt Service-Interest 5,507,126 4,868,399 3,623,570 5,032,461 5,289,549 14,987,455 15,801,063 10,737,050 15,998,126 15,427,322 Coverage 1.08 0.99 1.41 0.96 1.04
RDA/Successor Agency Tax Allocation
Senior Lien Bond Coverage
Gross Tax Revenue 2,999,563 3,350,525 4,049,688 3,736,900 3,742,238 Debt Service-Principal 1,145,000 1,570,000 2,325,000 2,055,000 2,100,000 Debt Service-Interest 1,854,563 1,780,525 1,724,688 1,681,900 1,642,238 Coverage of Senior Debt 1.00 1.00 1.00 1.00 1.00
RDA/Successor Agency Tax Allocation Subordinated Lien
Bond Coverage
Net Tax Revenue Available for Subordinated Debt (1)
976,688 - - - - Debt Service - Principal 160,000 - - - - Debt Service - Interest 816,688 - - - - Coverage of Subordinated Debt 1.00 N/A N/A N/A N/A
RDA/Successor Agency Tax Allocation
Housing Set-Aside Bond Coverage
Gross Tax Revenue 1,126,313 1,126,050 - - - Debt Service-Principal 190,000 200,000 - - - Debt Service-Interest 936,313 926,050 - - - Coverage 1.00 1.00 N/A N/A N/A
Source: City of Folsom
(1) Revenue available after Senior Debt payments and statutory pass-throughs (2) The Redevelopment Agency (RDA) was dissolved by the State during FY12. RDA Tax Allocation Bonds were transferred to a Private Purpose Trust Fund (i.e. Successor Agency) and are not legal obligations of the RDA or the City. (3) In FY17, all bonds were refunded; Subordinated and Housing Set-Aside Bonds were defeased. (4) In FY18, corrected prior year balance to exclude Lighting & Landscaping funds. (5) Includes connection and impact fees & investment income ; FY18 and prior investment income included with Service Charges (6) Does not include unrealized gain/loss; FY18 and prior unrealized gain/loss was included (7) Less depreciation
Fiscal Year 2025, With Ten Year Trend Analysis
Pledge Revenue Bond Coverage
CITY OF FOLSOM, CALIFORNIA
Schedule 13
222
03/24/2026 Item No.9.
2021 2022 2023 2024 2025
Water Revenue Bonds
17,988,487$ 17,280,478$ 18,889,282$ 18,284,789$ 19,541,616$ Utility Services Charges 901,700 1,422,336 2,175,055 4,056,441 4,043,259 Inv. Income & Other(5,6) 11,714,922 10,793,307 13,032,720 14,642,433 15,185,242 Less Operating Expense(7) 7,175,265 7,909,507 8,031,617 7,698,796 8,399,633 Net Available Revenue 1,292,224 1,423,000 1,453,000 1,494,000 1,544,000 Debt Service-Principal 589,380 413,017 382,822 338,428 292,449 Debt Service-Interest 1,881,604$ 1,836,017$ 1,835,822$ 1,832,428$ 1,836,449$
3.81 4.31 4.37 4.20 4.57 Coverage
Special Assessment & Community Facility Bonds
15,568,855 16,846,066 16,477,397 17,986,125 20,142,229 Special Assessment Collections 5,899,714 7,504,207 8,882,000 5,700,000 5,953,000 Debt Service-Principal 5,439,214 6,020,932 6,671,401 7,182,740 8,086,092 Debt Service-Interest 11,338,928 13,525,139 15,553,401 12,882,740 14,039,092
1.37 1.25 1.06 1.40 1.43 Coverage
RDA/Successor Agency Tax Allocation Senior Lien
Bond Coverage
3,723,000 3,723,813 3,729,950 3,726,756 4,183,425 Gross Tax Revenue 2,130,000 2,200,000 2,280,000 2,355,000 2,893,788 Debt Service-Principal 1,593,000 1,523,813 1,449,950 1,371,756 1,289,637 Debt Service-Interest
1.00 1.00 1.00 1.00 1.00 Coverage of Senior Debt
RDA/Successor Agency Tax Allocation Subordinated
Lien Bond Coverage
- - - - - Net Tax Revenue Available for Subordinated Debt (1) - - - - - Debt Service - Principal - - - - - Debt Service - Interest N/A N/A N/A N/A N/A Coverage of Subordinated Debt
RDA/Successor Agency Tax Allocation Housing Set-
Aside Bond Coverage
- - - - - Gross Tax Revenue - - - - - Debt Service-Principal - - - - - Debt Service-Interest N/A N/A N/A N/A N/A Coverage
Schedule 13
CITY OF FOLSOM, CALIFORNIA
Pledge Revenue Bond Coverage
Last Ten Fiscal Years
223
03/24/2026 Item No.9.
Estimated Per
Personal Capita Median Education
Population Population Income Personal Projected Level in Years School Unemployment Year Folsom (1) County (3) Folsom Income (2) Age (2) Schooling (2) Enrollment (3) Rate (4) 2016 77,246 1,495,297 3,025,812,336$ 39,171$ 38.70 Note 1 19,865 3.90% 2017 78,525 1,514,770 3,223,922,400 41,056 39.90 Note 1 20,312 3.50% 2018 78,447 1,529,501 3,425,627,518 43,668 41.80 Note 1 20,353 2.80% 2019 79,835 1,546,174 3,677,233,631 46,060 41.30 Note 1 20,605 2.80% 2020 81,610 1,555,365 3,909,527,050 47,905 41.20 Note 1 20,602 10.40% 2021 82,303 1,561,014 4,255,747,392 51,708 40.70 Note 1 20,096 6.18% 2022 84,592 1,576,618 5,024,165,043 59,393 40.20 Note 1 20,344 2.00% 2023 85,498 1,572,453 5,922,954,318 69,276 40.70 Note 1 20,550 3.20% 2024 88,023 1,578,938 6,822,127,550 77,504 39.40 Note 1 21,075 3.10% 2025 92,577 1,604,745 7,736,073,878 83,564 42.20 Note 1 21,944 3.80% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Less than 9th grade 2.00% 2.40% 3.40% 2.40% 1.60% 1.20% 2.20% 1.60% 0.60% 1.80% Some High School, no diploma 6.00% 5.20% 3.70% 4.90% 3.80% 3.00% 4.20% 1.30% 3.90% 3.70% High School Graduate (or GED) 17.20% 15.80% 14.40% 12.10% 11.60% 13.30% 13.00% 14.10% 10.70% 13.30% Some College, no degree 19.90% 19.70% 21.80% 20.00% 20.70% 18.20% 19.40% 17.00% 18.70% 17.50% Associate Degree 9.20% 9.10% 9.10% 11.40% 10.50% 11.20% 11.00% 7.70% 7.50% 9.10% Bachelor's Degree 28.50% 29.40% 28.70% 29.50% 31.80% 32.10% 30.20% 35.40% 34.50% 31.40% Master's Degree Not available Not available Not available Not available Not available Not available Not available Not available Not available Not available Professional School Degree 17.30% 18.40% 18.90% 19.79% 19.90% 21.00% 20.10% 22.90% 24.00% 23.30% Doctorate Degree Not available Not available Not available Not available Not available Not available Not available Not available Not available Not available Source: MuniServices, LLC / Avenu Insights & Analytics
1.) Population Projections are provided by California Department of Finance Projections.
2.) Income Data is provided by the U.S. Census Bureau.
3.) Median Age and Education Level is provided by US Census data.
4.) Unemployment Rates are provided by the EDD, Labor Market Information Division. *Public School Enrollment is provided by the California Department of Education. Total students enrolled in Folsom-Cordova Unified only.
Note 1
Schedule 14
CITY OF FOLSOM, CALIFORNIA
Demographic and Economic Information
Fiscal Year 2025, With Ten Year Trend Analysis
65,000
70,000
75,000
80,000
85,000
90,000
95,000
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Population
224
03/24/2026 Item No.9.
Percentage Percentage
of Total City of Total City
Employer Employees Rank Employment Employees Rank Employment Intel Corporation (a) 4,300 1 10.07% 5,927 1 16.65% California State Prison 1,601 2 3.75% 1,785 2 5.01% Folsom Cordova Unified School District* 1,212 3 2.84% 874 4 2.46% Folsom State Prison 993 4 2.33% 1,075 3 3.02% Mercy Hospital of Folsom 924 5 2.16% 770 5 2.16% California ISO 737 6 1.73% 577 6 1.62%
City of Folsom 459 7 1.07% 410 7 1.15%
SAFE Credit Union** 458 8 1.07%
Costco Wholesale 420 9 0.98% 300 10 0.84%
Folsom Lake College 331 10 0.78%
Micron Technology Inc 400 8 1.12%
Walmart 304 9 0.85%
Total Top Employers 11,435 26.78% 12,422 34.88% Total City Labor Force (1) 42,700 100.00% 35,600 Source: MuniServices, LLC / Avenu Insights & Analytics
Source: 2016 data from previous produced ACFR
Results based on direct correspondence with city’s local businesses. (a) No response rec'd. Last year's headcount applied.
* Includes both certified and classified employees in City of Folsom only **Includes Corporate and Folsom Branch
(1) Total City Labor Force provided by EDD Labor Force Data. 2016
Schedule 15
CITY OF FOLSOM, CALIFORNIA
Principal Employers
Fiscal Year 2025 and Nine Years Ago
2025
225
03/24/2026 Item No.9.
Function/Program 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 City Council 5 5 5 5 5 5 5 5 5 5
City Manager 5.75 5.5 5.5 5 4.5 4.5 4.75 4.75 4 4
City Attorney 3.75 4 4 4 4 4 4 4 4 4
City Clerk 3 3 3 3 3 3 3 3 3 3
Community Development 21.4 22.4 24 26 26 26 26 26 27 27 Fire 69 69 71 77 77 77 78 88 90 91
Human Resources 5 5 5.5 5.5 5.25 5.5 6 6 6 6
Intergov't Affairs & Econ, Dev. 0 0 0 0 0 0 0 0 0 0
Library 10.5 10.5 10.5 12.75 12.75 12.75 12 12 12 12
Office of Management & Budget 20 21 21.5 23.5 24.25 24 24 24 25 25 Parks & Recreation 44.8 46 46 48 48 48 48 49 49 51
Police Department 98.5 101.5 103.5 107.5 107.5 107.5 107.5 110.5 113.5 119.5 Public Works 45.9 47.7 48.4 49.25 34.4 34.4 34.55 34.55 34.55 36.55 Utilities 94.2 97.2 98.1 100.4 100.85 100.85 108.45 112.45 117.45 119.45 426.80 437.80 446.00 466.90 452.50 452.50 461.25 479.25 490.50 503.50 Source: City Budget
Schedule 16
CITY OF FOLSOM, CALIFORNIA
Government Employment Information
Fiscal Year 2025, With Ten Year Trend Analysis
226
03/24/2026 Item No.9.
Function/Program 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Police
Misdemeanor and felony arrests 1,257 1,251 1,023 1,226 1,126 1,412 1,311 1,316 1,552 1,617 Traffic citations 2,997 2,575 2,130 2,512 4,574 5,058 3,115 4,226 5,458 5,071 Traffic collisions 1,528 1,673 1,639 1,583 861 1,088 1,324 1,427 1,477 1,460 Fire
Ambulance transports 3,819 4,045 4,446 5,275 4,933 4,842 4,979 4,973 5,281 5,695 Medical responses 4,369 4,748 5,105 6,025 5,973 5,945 6,675 6,895 7,085 7,384 Inspections completed 1,460 506 1,017 1,439 684 937 952 903 1,199 1,358 Other public works
Lane miles of street overlay 8 2 - 8 - 1 - 7 7 1.5 Curb miles of streets swept 4,275 2,930 3,900 4,300 4,000 4,200 4,200 4,500 4,600 3,900 Hot pour crack seal applied (3) 150,000 390,000 350,000 400,000 320,000 70,000 50,000 0 5,000 60,000 Square feet of street patch 200,000 75,000 450,000 415,000 106,500 120,000 10,000 50,000 45,000 73,400 Number of miles of road added 1 1 - 2 7 13 25 2 1 0 Number of traffic signals added 1 - 1 6 1 3 1 3 3 0 Number of streetlights added 15 35 14 131 4 147 29 - 10 0 Miles of storm drains added 0.6 0.2 - 8 6 5 1 6 2 1 Area of Slurry Seal applied (sq ft) 2,250,000 - - 4,350,000 1,000,000 2,440,000 1,740,000 - - 1,180,000 Parks and Recreation
Aquatic center paid admissions 58,694 61,731 56,586 48,978 33,895 30,117 49,134 53,975 54,333 42,145 Community facilities reservations 3,269 3,115 3,315 2,859 2,188 1,318 2,859 3,277 2,759 3,026 Community facilities paid rentals 1,111 1,059 1,127 1,086 678 448 644 1,164 1,131 943 Total park acreage 439 439 451 456 456 479 479 479 521 521 Open space acreage 631 631 631 631 631 824 824 857 928 980 Trails maintenance 45 48 48 50 48.5 50.1 53 59 59 59 Recreation program participation 560,973 523,268 542,249 515,120 366,198 119,367 224,650 394,397 280,564 250,438 Zoo attendance 116,057 121,953 143,367 134,741 87,019 55,750 109,795 100,392 89,178 104,594 Library
Volumes in collection 91,519 89,133 92,033 94,960 97,777 100,710 95,670 95,443 98,331 89,638 Total volumes borrowed 613,597 603,421 618,458 644,158 501,160 408,312 557,266 540,180 495,420 495,571 Water
New connections 268 180 253 501 406 782 1,135 2,004 401 601 Water main breaks 5 1 4 1 1 1 4 4 3 1
Average consumption (gal/day) 14.2 MGD 16.65 MGD 17.35 MGD 15.44 MGD 16.81 MGD 17 MGD 15.4 MGD 15.29 MGD 16.01 MGD 17.51 MGD Plant capacity (gal/day) 50 MGD 50 MGD 50 MGD 50 MGD 50 MGD 50MGD 50 MGD 50 MGD 50 MGD 50 MGD
Wastewater
Average daily sewage treatment
(thousands of gallons)
Daily average flow in gallons 5.98 MGD 8.03 MGD 7.1 MGD 7.1 MGD 7.1 MGD 7.1 MGD 7.1 MGD 7.1 MGD 7.1 MGD 9.42 MGD Pump station capacity (gal/day) (1) 14.2 MGD 14 MGD 14 MGD 40.91 MGD 40.91 MGD 40.91 MGD 40.91 MGD 40.91 MGD 42.23 MGD 42.23 MGD Refuse collection
Solid Waste (tons per day) 144 150 151 152 151 155 154 143 146 146 Recycling (tons per day) 44 44 40 39 39 43 46 43 46 41
Organics (tons per day) 36 40 38 44 41 37 37 48 48 53
Transit (2)
Total route miles 200,897 195,989 197,147 113,043 N/A N/A N/A N/A N/A N/A Passengers-Folsom Stage Line 83,180 92,282 89,794 50,183 N/A N/A N/A N/A N/A N/A Passengers-Light Rail 689,935 619,684 627,850 722,364 N/A N/A N/A N/A N/A N/A Source: City of Folsom
(1) Beginning in FY19, pump station capacity includes capacity for each lift station (2) Transit route miles and Folsom Stage Line passengers are through 2/1/2019 as Transit operations were annexed by the Sacramento Regional Transit District effective 2-4-19 (3) Beginning in FY 2021 item measured in pounds instead of lineal ft.
Schedule 17
CITY OF FOLSOM, CALIFORNIA
Operating Indicators by Function/Program
Fiscal Year 2025, With Ten Year Trend Analysis
227
03/24/2026 Item No.9.
2016 2017 2018 2019 2020
Function/Program
Public Works
Miles of streets 302 303 303 305 312
Number of street lights 6,714 6,749 6,749 6,806 6,810
Number of traffic signals (1) 119 119 122 107 108
Culture and recreation
Zoo 1 1 1 1 1
Community centers 4 4 4 4 4
Community clubhouse 2 2 2 2 2
Parks 46 46 47 48 48
Park acreage 439 439 451 456 456
Swimming pools 3 3 3 3 3
Tennis courts 23 23 25 25 25
Fire Stations 4 4 5 5 5
Police
Stations 1 1 1 1 1
Patrol Units 53 53 59 60 64
Sewage System
Miles of sanitary sewers (2) 267 268 285 261 272
Number of pump stations 15 14 14 17 17
Number of service connections 22,927 22,974 23,506 23,525 23,962 Water
Miles of water mains 343 346 365 367 367
Number of service connections 20,535 20,755 21,177 21,602 21,851 Number of fire hydrants (3) 2,996 2,994 3,434 3,174 3,234 Daily average consumption in
gallons 14.2 MGD 16.65 MGD 17.35 MGD 15 MGD 16.81 MGD
Maximum daily capacity of
plant in gallons 50 MGD 50 MGD 50 MGD 50 MGD 50 MGD
Drainage System
Miles of storm drains 250 250 250 258 264
Source: City of Folsom
(1) Beginning in FY 2019, excludes signals located within City boundaries but not owned or maintained by the City (2) Beginning in FY 2019, excludes private or abandoned sewer lines (3) Beginning in FY 2019, excludes San Juan, private, and blow-off hydrants Fiscal Year 2025, With Ten Year Trend Analysis
Capital Asset and Infrastructure Statistics by Function/Program
CITY OF FOLSOM, CALIFORNIA
Schedule 18
228
03/24/2026 Item No.9.
2021 2022 2023 2024 2025
Function/Program
Public Works
325 350 352 353 353 Miles of streets
6,957 6,986 6,986 6,996 6,996 Number of street lights 111 112 115 118 118 Number of traffic signals
Culture and recreation
1 1 1 1 1 Zoo
4 4 4 4 4 Community centers
2 2 2 2 2 Community clubhouse
48 48 48 48 49 Parks
456 479 479 510 521 Park acreage
3 3 3 3 3 Swimming pools
25 23 23 23 20 Tennis courts
5 5 5 5 6 Fire Stations
Police
1 1 1 2 2 Stations
64 54 53 55 55 Patrol Units
Sewage System
279 282 312 310 310 Miles of sanitary sewers
17 17 17 18 18 Number of pump stations
24,483 25,498 24,330 24,739 25,367 Number of service connections Water
376 419 441 420 421 Miles of water mains
22,633 23,770 24,658 25,059 25,660 Number of service connections 3,456 3,686 3,669 4,011 3,940 Number of fire hydrants 17 MGD 15.4 MGD 15.29 MGD 16.01 MGD 17.51 MGD
Daily average consumption in
gallons
50 MGD 50 MGD 50 MGD 50 MGD 50 MGD
Maximum daily capacity of
plant in gallons
Drainage System
269 270 276 278 279 Miles of storm drains
Last Ten Fiscal Years
Capital Asset and Infrastructure Statistics by Function/Program
CITY OF FOLSOM, CALIFORNIA
Schedule 18
229
03/24/2026 Item No.9.
Elementary
schools
Secondary
schools
Number of
school
instructors -
FTE
Community
colleges
Number
of
hospitals
Patient
beds
2016 10 5 540 1 1 131
2017 10 5 550 1 1 131
2018 10 5 552 1 1 131
2019 10 5 556 1 1 131
2020 10 5 511 1 1 131
2021 10 5 507 1 1 131
2022 11 5 542 1 1 131
2023 11 5 558 1 1 131
2024 12 5 553 1 1 131
2025 13 5 598 1 1 131
Sources: Folsom Cordova Unified School District, City of Folsom Mercy Hospital of Folsom
Education Hospitals
Schedule 19
CITY OF FOLSOM, CALIFORNIA
Miscellaneous Statistics
Fiscal Year 2025, With Ten Year Trend Analysis
230
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Folsom City Council
Staff Report
1 MEETING DATE:
3/24/2026
AGENDA SECTION:
New Business
ITEM TITLE: Consideration of Partnership with Change.org for Community Survey and Civic Dialogue
FROM: City Manager’s Office
RECOMMENDATION / CITY COUNCIL ACTION
Receive information and provide direction on partnering with Change.org to conduct a community survey and civic dialogue process to gather resident input on key city issues.
BACKGROUND / ISSUE
The City is exploring additional ways to gather meaningful, representative input from residents on important community issues. This effort is intended to provide City Council with reliable, data-driven insights that reflect a broader cross-section of the community, helping inform thoughtful, balanced decision-making on key policies, priorities, and long-term planning.
Traditional engagement methods often result in feedback from a limited group of participants rather than a broad cross-section of the community. Nonprofit civic engagement platform Change.org has developed a “Local Civic Dialogues” platform designed to help cities collect input from a large and more representative group of residents. The platform is intended to surface common priorities, identify areas of agreement, and provide insights into community perspectives. It is designed to increase public trust, reduce polarization, and provide more balanced and informed community input.
The program is offered at no cost to participating cities. The platform has been piloted in several cities, including Bozeman, Montana; Kansas City, Missouri; Memphis, Tennessee; and Columbia, South Carolina.
ANALYSIS
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2 Over eight weeks, Change.org will run a two-part program in Folsom to enable broad and representative participation of residents.
● Broad Input Phase: Residents submit ideas to address key community challenges and vote on proposals from others. The platform uses algorithms to surface ideas that reflect broad community support, not just the most vocal voices. Change.org engages community organizations, conducts in-person outreach, and uses tools such as advertising and email to inform residents and direct them to an online platform where they can submit ideas and vote on others. All submissions are moderated by Change.org.
● Representative Dialogue Phase: A demographically representative group of approximately 50 to 100 residents participates in a facilitated discussion to review and deliberate on the most supported ideas.
Following the process, the City will receive a detailed report that includes:
● Key themes and top issues identified by residents.
● Data on how ideas perform across different groups.
● Results of the facilitated discussions.
● Summary insights and participant feedback.
Staff believe this approach could complement existing outreach efforts by reaching a broader and more representative group of residents.
This effort would supplement, not replace, existing community engagement tools such as public meetings, surveys, and outreach events by reaching residents who may not typically participate in traditional engagement opportunities. The results of this process would be advisory in nature and intended to inform City Council discussions, priority-setting, and future outreach efforts.
The City would retain input on topic selection and would have the opportunity to review materials for accuracy and local context prior to release. If directed to proceed, staff anticipates launching the process in April, with results available at the end of July.
FINANCIAL IMPACT
There is no direct cost to the City to participate in the Change.org Local Civic Dialogues program. Communications Division staff time would be required to coordinate topics, review materials, and participate as needed in the process.
ATTACHMENTS
1. Program overview report prepared by Change.org.
Submitted,
Bryan Whitemyer
City Manager
03/24/2026 Item No.10.
Attachment 1
03/24/2026 Item No.10.
Change.org Civic Dialogue: Folsom
About Us
Change.org is the worldʼs largest civic participation platform, with more than 500 million users globally. Our mission is to build better democracies. We are independent, nonpartisan and 100% non-profit owned.
The Problem
Discourse can be dominated by a small number of the loudest voices that may not represent what most people think. As a result, it can be hard for a city to understand what issues most residents really care about. It’s even more challenging to create opportunities for residents to discuss those issues constructively.
Our Program
Civic Dialogues inform a city about what residents believe the city should do on the issues that matter most to them. Folsom residents share their ideas, deliberate on expert-informed solutions and provide policy recommendations to city officials.
Over eight weeks, we run a two-part program in Folsom to enable broad and representative participation of residents. We share a detailed report of the results with the city, summarizing the most unifying and divisive ideas, top issues that resonate with all residents, and the policies recommended by a representative group of residents.
Stage 1: Civic Input
● We invite local residents to post their ideas for how to address the biggest challenges they see in the city and vote on the ideas of others. ● We use bridging algorithms to group residents according to their opinions and identify the ideas that resonate across all – not just those with the most votes.
Stage 2: Civic Dialogue
● We recruit 50-100 residents reflective of city demographics to attend a live deliberation on the issues that resonate most with all residents. The group includes a balance of residents across age, race, gender, and political ideology. ● We facilitate a 1-3 hour video discussion, involving small group discussions with diverse groups of 6-8 residents. We share the policy recommendations that have bipartisan super-majority support.
FAQs
● Who pays for this? All costs are fully covered by Change.org.
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● What is Change.org’s role? Change.org runs the civic dialogue end-to-end. We recruit residents to share their ideas, host the live deliberation and prepare the final report.
● What is the City of Folsom’s role? Change.org is an independent third-party that is partnering with the City. The City would commit to reviewing the final report and meeting regularly with Change.org to ensure the project is being delivered in a way that works well for residents.
● What is the timeframe? We propose launching on April 6th. The program runs for three months.
● What other cities have you worked with? We’ve worked with Kansas City, MO, Memphis, TN, Hartford, CT, Bozeman, MT, Columbia, SC, Dearborn, MI, Albuquerque, NM, Columbia, MO, Parsippany-Troy Hills, NJ, and Tulsa, OK.
● How can I learn more? Reach out to us: [email protected]
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Folsom City Council
Staff Report
1 MEETING DATE:
3/24/2026
AGENDA SECTION:
New Business
SUBJECT: Ordinance No. 1366 - An Ordinance of the City of Folsom Amending Section 2.06.010 of the Folsom Municipal Code Regarding City Council Salaries (Introduction and First Reading)
and
Determination that the Project is Exempt from CEQA
FROM: City Manager's Office
RECOMMENDATION / CITY COUNCIL ACTION
Staff recommends that the City Council:
1. Introduce and conduct first reading of Ordinance No . 1366 - An Ordinance of the City of Folsom Amending Section 2.06.010 of the Folsom Muni cipal Code Regarding City Council Salaries; and
2. Determine that the Project is Exempt from CEQA.
BACKGROUND / ISSUE
The Folsom Municipal Code was initially adopted by the City of Folsom in 1973 consistent with and incorporating reference to several State G overnment Code sections governing local authority, police powers, and procedures. Over the last 52 years, the Folsom Municipal Code has been amended numerous times annually to reflect legislative changes, policy changes, administrative changes and local preferences. Many sections of the Folsom Municipal Code are very old. With that in mind, City staff has st arted an effort to update a variety of sections of the Folsom Municipal Code. At the February 24, 2 026, City Council meeting the Folsom City Council considered sixteen municipal code modi fications. We expect additional code adjustments to be presented to the City Council at future meetings.
In 1990, Folsom City Council adopted Ordinance 700 establishing City Council salaries of $400 per month with an additional $100 for the Mayo r. City Council Ordinance 775 was adopted in 1993 clarifying that the City Council, b y resolution, may set a monthly salary amount up to the maximum set forth in Folsom Munici pal Code Section 2.06.010 (Salaries).
In 2018, City Council adopted Ordinance 775 amendin g City Council salaries to the current
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2 rates of $600/month with an additional $100/month f or the Mayor. Over the 35 year period (1990 to 2026), City Council compensation has remai ned relatively flat while resident population of Folsom has more than tripled (from 29,802 residents in 1990 to 92,577 residents today), increasing the role and responsibilities of the City Council. This report provides a comparison of city council compensation in the regi on and provides information about recent State law establishing salary caps by population tier for general law cities.
POLICY / RULE
Pursuant to Section 1.01.021 (Adoption), the Folsom Municipal Code (FMC) was adopted by Ordinance 297 in 1973. Any subsequent amendment to the Folsom Municipal Code must also be adopted by Ordinance. Proposed Amendment to Title 2 does not require public hearing.
Pursuant to Section 2.06 of the City Charter, the City Council may determine the annual salary of the Mayor, Vice Mayor, and Councilmembers by ord inance, but no ordinance increasing such salary shall become effective until the date o f commencement of the terms of Councilmembers elected at the next regular election.
ANALYSIS
As outlined in the background section of this repor t, Folsom City Council compensation was initially established in 1990 at a rate of $400/mon th and an additional $100/month for the Mayor. That rate was amended 28 years later in 2018 to $600/month and an additional $100/month for the Mayor. Specifically, Folsom Muni cipal Code Section 2.06.010 Salaries language is as follows:
Except as hereafter provided, each member of the city council shall receive a maximum salary of $600 per month. An additional maximum $100 per month shall be paid to the mayor. If, in any calendar month, any member of the city council fails to attend both regular meetings without his or her absence having been excused by the city council, no compensation shall be paid to such councilmember for such month. The council, by resolution, may set a monthly salary amount up to the maximum set forth in this section. (Ord. 1284 § 2, 2018: Ord. 775, 1993: Ord. 700 § 1, 1990)
The role and responsibilities of the Folsom City Co uncil in governing a community of more than 92,000 residents are comparable to a part-time job. Responsibilities include preparing for and attending regular City Council meetings, specia l meetings, and workshops; participating in regional representative assignments; and engagin g in meetings with local stakeholders and community interest groups. Councilmembers also atte nd community and regional events, collaborate with partner agencies, and advocate on behalf of Folsom with state and federal elected officials. Equally important is communicating with and meeting constituents to discuss community opportunities, concerns, and challenges.
Increasingly, larger municipalities throughout Cali fornia are recognizing the significant time commitment required of local elected officials and are establishing compensation structures
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3 that more closely reflect the responsibilities and workload associated with a part-time public service role.
Effective January 1, 2024, new California legislati on (SB 329) increased the maximum compensation levels for City Councilmembers in gene ral law cities based on population. The law replaced the previous limitation from the year 2000, which allowed only a 5 percent annual salary increase, with updated maximum monthly compe nsation amounts tied to population tiers, as shown below:
Up to 35,000 residents: up to $950 per month ($11,400 annually) 35,001–50,000 residents: up to $1,275 per month ($15,300 annually) 50,001–75,000 residents: up to $1,600 per month ($19,200 annually) 75,001–150,000 residents: up to $1,900 per month ($22,800 annually) 150,001–250,000 residents: up to $2,550 per month ($30,600 annually) Over 250,000 residents: up to $3,200 per month ($38,400 annually)
While Folsom is a charter city and therefore not bo und by SB 329, several nearby cities have recently updated their City Council compensation to align with the law’s limits. For example, Citrus Heights and Elk Grove adjusted their Council salaries in 2024 consistent with SB 329.
In Roseville, the charter requires voter approval f or Council raises; a proposed increase from $7,200 to $30,600 annually will appear on the ballot this November to align with SB 329. The table below summarizes City Council compensation in other incorporated cities in the region.
Notably, Sacramento is a charter city not subject t o the salary cap and is the only jurisdiction in the region that considers the Council position full-time. Conversely, Rancho Cordova’s City Council has declined compensation.
Comparable Cities
(year last amended) Population Annual
Compensation
Monthly
Compensation
Citrus Heights (2024) 86,000 $22,800 $1,900
Elk Grove (2024) 182,000 $30,600 $2,550
Folsom (2018) 92,000 $7,200 $600/$700 Mayor
Rancho Cordova No compensation
Roseville (2000) * 158,000 $7,200 $600
Rocklin 77,000 $8,220 $885
Sacramento (2025) 525,000 $111,324 $9,277
* Roseville has an increase on the November Ballot consistent with SB329 ($30,600 /year)
Based on this comparison and the updated salary tiers established by SB 329, staff recommends that Folsom amend City Council compensation to alig n with the higher salary floor for cities with populations between 75,000 and 150,000 residen ts. This would establish a monthly compensation of $1,900 and an annual compensation of $22,800.
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4 FINANCIAL IMPACT
Funds for City Council salary will be absorbed within the FY 2026-2027 General Fund budget for the increased expense. The total annual cost wo uld increase from $37,200 annually to $114,000 annually for a net increase of $76,800 annually.
ENVIRONMENTAL REVIEW
The proposed City Council action to adopt Ordinance No. 1366 is exempt from the California Environmental Quality Act (CEQA) pursuant to CEQA G uidelines Section 15378 (b)(4) “Project” and Section 15061(b)(3) “ Common Sense Ex emption”. Under Section 15378, the action does not constitute a “project” under CEQA, as it pertains solely to administrative or procedural matters that do not result in direct phy sical environmental changes. Furthermore, Section 15061(b)(3) - the “common sense exemption” -applies because it can be determined with certainty that the adoption of this updated document will not lead to significant effects on the environment.
ATTACHMENTS
Ordinance No. 1366 - An Ordinance of the City of Folsom Amending Section 2.06.010 of the Folsom Municipal Code to Adjust City Council Salaries.
Submitted,
______________________________________
Bryan Whitemyer, City Manager
03/24/2026 Item No.11.
Attachment 1
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Ordinance No. 1366
ORDINANCE NO. 1366
AN ORDINANCE OF THE CITY OF FOLSOM
AMENDING SECTION 2.06.010 OF THE FOLSOM MUNICIPAL CODE
REGARDING CITY COUNCIL SALARIES
The City Council of the City of Folsom does ordain as follows :
SECTION 1 PURPOSE
The purpose of this ordinance is to amend the amou nt of City Council salaries in Section
2.06.010 of the Folsom Municipal Code.
SECTION 2 AMENDMENT TO CODE
Section 2.06.010 of the Folsom Municipal Code is h ereby amended to read as follows:
2.06.010 Salaries.
Except as hereafter provided, each member of the City Council shall receive a maximum salary of $1,900 per month. The maximum salary may be adjusted in compliance with maximum compensation levels allowed by State law. An additional maximum $100 per month shall be paid to the Mayor. If, in any calendar month, any member of the City Council fails to attend both regular meetings without their absence having been excused by the City Council, no compensation shall be paid to such councilmember for such month. The Council, by resolution, may set a monthly salary amount up to the maximum set forth in this section.
SECTION 3 SCOPE
Except as set forth in this ordinance, all other p rovisions of the Folsom Municipal Code shall remain in full force and effect.
SECTION 4 SEVERABILITY
If any section, subsection, clause, phrase, or por tion of this ordinance is for any reason held to be invalid or unconstitutional by the decision o f any court or competent jurisdiction, such decision shall not affect the validity of the remaining portions of this ordinance. The City Council hereby declares that it would have adopted this ord inance and each section, subsection, sentence, clause, phrase or portion thereof, irrespective of the fact that any one or more sections, subsections, clauses, phrases or portions be declared invalid or unconstitutional.
SECTION 5 EFFECTIVE DATE
As required by Section 2.06 of the City Charter, this Ordinance, after its passage and adoption, shall become effective on the date of commencement of the terms of Councilmembers
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Ordinance No. 1366
elected at the November 3, 2026 municipal election, provided it is published in full or in summary within twenty (20) days after its adoption in a newspaper of general circulation.
This ordinance was introduced and the title thereof read at the regular meeting of the City Council on March 24, 2026, and the second reading occurred at the regular meeting of the City Council on April 14, 2026.
On a motion by XX, seconded by XX, the foregoing ordinance was passed and adopted by the City Council of the City of Folsom, State of California, this 14 th day of April 2026, by the
following vote, to wit:
AYES: Councilmember:
NOES: Councilmember:
ABSENT: Councilmember:
ABSTAIN: Councilmember:
______________________________
Justin Raithel, MAYOR
ATTEST:
Christa Freemantle, CITY CLERK
Effective: December 7, 2026
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Folsom City Council
Staff Report
1 MEETING DATE:
3/24/2026
AGENDA SECTION:
New Business
ITEM TITLE: Resolution No. 11579 – A Resolution Authorizing the City Manager to Execute a Program Supplement Agreement with
Caltrans for the Intelligent Transportation Systems (ITS) Master Plan Implementation Project, Project No. PW2305, Federal Project No. 5288(052)
FROM: Public Works Department
RECOMMENDATION / CITY COUNCIL ACTION
The Public Works Department recommends that the City Council pass and adopt Resolution No. 11579 - A Resolution Authorizing the City Manager to Execute a Program Supplement Agreement with Caltrans for the Intelligent Transportation Systems (ITS) Master Plan Implementation Project, Project No. PW2305, Federal Project No. 5288(052).
BACKGROUND / ISSUE
On December 8, 2020, the City Council adopted Resolution No. 10571 - A Resolution Authorizing Staff to Submit Grant Applications to the Sacramento Area Council of Governments for the 2020- 21 Funding Round. One of the projects submitted to receive funding was the Intelligent Transportation Systems (ITS) Master Plan Implementation Project.
The project consists of purchasing and installing new ITS equipment, including advanced traffic signal controllers; closed-circuit television cameras (CCTVs) to monitor traffic flow; upgrades and installation of fiber optic and communication equipment to fill gaps and expand the capabilities of the Traffic Management Center; and expansion of signal performance measures (SPM) software to proactively adjust signal timing and identify maintenance issues for more than 120 traffic signals throughout the City of Folsom. These improvements will enhance the City’s ability to monitor traffic conditions in real time, improve signal coordination, and respond more quickly to congestion and maintenance needs.
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2 Since the grant award, the project has progressed through the required environmental clearance, right-of-way verification, and design phases in coordination with Caltrans Local Assistance and the Sacramento Area Council of Governments (SACOG). The Program Supplement Agreement with Caltrans for the preliminary engineering phase of the project was adopted by City Council on August 23, 2022 per Resolution No. 10885. Final design has been completed, and all necessary approvals have been obtained to allow the pr oject to proceed to construction. Caltrans has now authorized the construction phase and approved the allocation of construction funds, positioning the project to begin construction in Fall 2026.
POLICY / RULE
Execution of an Administering Agency-State Agreement and/or Program Supplement Agreement requires City Council approval.
ANALYSIS
The City of Folsom is required to execute the Program Supplement Agreement with Caltrans Local Assistance to proceed with the construction of the ITS Master Plan Implementation Project. This project is eligible for reimbursement from Surface Transportation Block Grant Program funds.
The City must invoice Caltrans to receive any f ederal or s tate reimbursement. Before invoicing Caltrans, the City must approve a Program Supplement Agreement for the ITS Master Plan Implementation Project. This is a Caltrans standard form that has previously been approved by the City Attorney for other projects, including:
• Folsom Boulevard Improvements
• Historic Folsom Station Phase I Project
• Green Valley Road Widening
• Riley Street Safety Improvement Project
• Folsom Lake Crossing Phase II Safety Improvements
The Intelligent Transportation Systems (ITS) Master Plan Implementation Project was included in the Fiscal Year 202 5-26 Capital Improvement Plan with a total project budget of $5,078,312 utilizing Transportation Improvement Fund (Fund 446) funds as matching funds for the Sacramento Area Council of Governments (SACOG) Maintenance and Modernization Grant. City Staff worked with Caltrans Local Assistance and SACOG staff to utilize toll credits to offset the local match obligation for this project, providing the City with the opportunity to reallocate these funds to other critical transportation projects, saving the Transportation Improvement Fund (Fund 446) account over $650,000. The breakdown of total project grant funding is listed below:
2022 - Highway Infrastructure Program (HIP) Design $ 114,507 2022 - Regional Surface Transportation (RSTP) Design $ 785,493 2026 - Regional Surface Transportation (RSTP) Construction $4,816,000 Total Project Grant Funding $5,716,000
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3 ENVIRONMENTAL REVIEW
This action authorizes the City Manager to execute a Program Supplement Agreement with Caltrans for the Intelligent Transportation Systems (ITS) Master Plan Implementation Project.
Approval of the agreement is an administrative action and not a “project” under the California Environmental Quality Act (CEQA) pursuant to CEQA Guidelines Section 15378(b)(5).
ATTACHMENTS
1. Resolution No. 11579 – A Resolution Authorizing the City Manager to Execute a Program Supplement Agreement with Caltrans for the Intelligent Transportation Systems (ITS) Master Plan Implementation Project, Project No. 2305, Federal Project No. 5288(052)
2. Program Supplement No. F032 Rev 1 for Federal-Aid Project No 03-5288F15
Submitted,
_________________________________________________________________ Rebecca Neves, PUBLIC WORKS DIRECTOR/CITY ENGINEER
03/24/2026 Item No.12.
Attachment 1
03/24/2026 Item No.12.
Resolution No. 11579
RESOLUTION NO. 11579
A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A
PROGRAM SUPPLEMENT AGREEMENT WITH CALTRANS FOR THE
INTELLIGENT TRANSPORTATION SYSTEMS (ITS) MASTER PLAN
IMPLEMENTATION PROJECT, PROJECT NO. PW2305, FEDERAL PROJECT NO. 5288(052)
WHEREAS, the City of Folsom desires to implement the Intelligent Transportation Systems Master Plan; and
WHEREAS, the Intelligent Transportation System (ITS) Master Plan Implementation Project is included in the FY 2025-26 Capital Improvement Plan; and
WHEREAS, Prior to invoicing Caltrans, the City must approve a Program Supplement Agreement for the ITS Master Plan Implementation Project; and
WHEREAS, final design has been completed, and all necessary approvals have been obtained to allow the project to proceed to construction; and
WHEREAS, the agreement will be in a form acceptable to the City Attorney:
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Folsom authorizes the City Manager to e xecute a Program Supplement Agreement with Caltrans for the Intelligent Transportation Systems (ITS) Master Plan Implementation Project, Project No.
PW2305, Federal Project No. 5288(052).
PASSED AND ADOPTED this 24
th day of March, 2026, by the following roll-call vote:
AYES: Councilmember(s):
NOES: Councilmember(s):
ABSENT: Councilmember(s):
ABSTAIN: Councilmember(s):
__________________________________
Justin Raithel, MAYOR
ATTEST:
______________________________
Christa Freemantle, CITY CLERK
03/24/2026 Item No.12.
Attachment 2
03/24/2026 Item No.12.
F032 Rev. 1
FOR FEDERAL-AID PROJECTS NO 03-5288F15
0322000204
February 19, 2026
03-SAC-0-FOL
STPL-5288(052)
5288
This Program Supplement hereby adopts and incorporates the Administering Agency-State Agreement for Federal Aid which was entered into between the Administering Agency and the State on 10/18/2016 and is subject to all the terms and conditions thereof. This Program Supplement is executed in accordance with Article I of the aforementioned Master Agreement under authority of Resolution No. approved by the Administering Agency on (See copy attached).
The Administering Agency further stipulates that as a condition to the payment by the State of any funds derived from sources noted below obligated to this PROJECT, the Administering Agency accepts and will comply with the special covenants or remarks set forth on the following pages.
Throughout the City of Folsom.
Signal Synchronization 0.0(MILES)
Federal FundsEstimated Cost Matching Funds
Z919 $114,507.00
Y230 $5,301,493.00
M23E $300,000.00
CITY OF FOLSOM
By ________________________________ By ________________________________ Title _______________________________
Date _______________________________
Attest _______________________________ Date _______________________________ Division of Local Assistance
I hereby certify upon my personal knowledge that budgeted funds are available for this encumbrance:
Accounting Officer _______________________ Date _______________ PROGRAM SUPPLEMENT NO.
to
ADMINISTERING AGENCY-STATE AGREEMENT
Adv. Project ID Date:
Location:
Project Number:
E.A. Number:
Locode:
PROJECT LOCATION:
TYPE OF WORK: LENGTH:
LOCAL OTHER
$5,716,000.00 $0.00 $0.00
Chief, Office of Project Management Oversight
STATE OF CALIFORNIA
Department of Transportation
$5,716,000.00
1 Page of 7Program Supplement 03-5288F15-F032-R1-
02/19/2026Page 509
03/24/2026 Item No.12.
SPECIAL COVENANTS OR REMARKS
03-SAC-0-FOL
STPL-5288(052)
1. A. The ADMINISTERING AGENCY will advertise, award and administer this project in accordance with the current published Local Assistance Procedures Manual.
B. ADMINISTERING AGENCY agrees that it will only proceed with work authorized for specific phase(s) with an "Authorization to Proceed" and will not proceed with future phase(s) of this project prior to receiving an "Authorization to Proceed" from the STATE for that phase(s) unless no further State or Federal funds are needed for those future phase(s).
C. STATE and ADMINISTERING AGENCY agree that any additional funds which might be made available by future Federal obligations will be encumbered on this PROJECT by use of a STATE-approved "Authorization to Proceed" and Finance Letter. ADMINISTERING AGENCY agrees that Federal funds available for reimbursement will be limited to the amounts obligated by the Federal Highway Administration.
D. Award information shall be submitted by the ADMINISTERING AGENCY to the District Local Assistance Engineer within 60 days of project contract award and prior to the submittal of the ADMINISTERING AGENCY'S first invoice for the construction contract.
Failure to do so will cause a delay in the State processing invoices for the construction phase.
Attention is directed to Section 15.6 "Award Package" of the Local Assistance Procedures Manual.
E. ADMINISTERING AGENCY agrees, as a minimum, to submit invoices at least once every six months commencing after the funds are encumbered for each phase by the execution of this Project Program Supplement Agreement, or by STATE's approval of an applicable Finance Letter. STATE reserves the right to suspend future authorizations/obligations for Federal aid projects, or encumbrances for State funded projects, as well as to suspend invoice payments for any on-going or future project by ADMINISTERING AGENCY if PROJECT costs have not been invoiced by ADMINISTERING AGENCY for a six-month period.
If no costs have been invoiced for a six-month period, ADMINISTERING AGENCY agrees to submit for each phase a written explanation of the absence of PROJECT activity along with target billing date and target billing amount.
ADMINISTERING AGENCY agrees to submit the final report documents that collectively constitute a "Report of Expenditures" within one hundred eighty (180) days of PROJECT completion. Failure of ADMINISTERING AGENCY to submit a "Final Report of Expenditures" within 180 days of PROJECT completion will result in STATE imposing sanctions upon ADMINISTERING AGENCY in accordance with the current Local Assistance Procedures Manual.
2Page of 7Program Supplement 03-5288F15-F032-R1-Page 510 03/24/2026 Item No.12.
SPECIAL COVENANTS OR REMARKS
03-SAC-0-FOL
STPL-5288(052)
F. Administering Agency shall not discriminate on the basis of race, religion, age, disability, color, national origin, or sex in the award and performance of any Federal-assisted contract or in the administration of its DBE Program Implementation Agreement. The Administering Agency shall take all necessary and reasonable steps under 49 CFR Part 26 to ensure nondiscrimination in the award and administration of Federal-assisted contracts. The Administering Agency's DBE Implementation Agreement is incorporated by reference in this Agreement. Implementation of the DBE Implementation Agreement, including but not limited to timely reporting of DBE commitments and utilization, is a legal obligation and failure to carry out its terms shall be treated as a violation of this Agreement. Upon notification to the Administering Agency of its failure to carry out its DBE Implementation Agreement, the State may impose sanctions as provided for under 49 CFR Part 26 and may, in appropriate cases, refer the matter for enforcement under 18 U.S.C. 1001 and/or the Program Fraud Civil Remedies Act of 1986 (31 U.S.C. 3801 et seq.).
G. Any State and Federal funds that may have been encumbered for this project are available for disbursement for limited periods of time. For each fund encumbrance the limited period is from the start of the fiscal year that the specific fund was appropriated within the State Budget Act to the applicable fund Reversion Date shown on the State approved project finance letter. Per Government Code Section 16304, all project funds not liquidated within these periods will revert unless an executed Cooperative Work Agreement extending these dates is requested by the ADMINISTERING AGENCY and approved by the California Department of Finance.
ADMINISTERING AGENCY should ensure that invoices are submitted to the District Local Assistance Engineer at least 75 days prior to the applicable fund Reversion Date to avoid the lapse of applicable funds. Pursuant to a directive from the State Controller's Office and the Department of Finance; in order for payment to be made, the last date the District Local Assistance Engineer can forward an invoice for payment to the Department's Local Programs Accounting Office for reimbursable work for funds that are going to revert at the end of a particular fiscal year is May 15th of the particular fiscal year. Notwithstanding the unliquidated sums of project specific State and Federal funding remaining and available to fund project work, any invoice for reimbursement involving applicable funds that is not received by the Department's Local Programs Accounting Office at least 45 days prior to the applicable fixed fund Reversion Date will not be paid. These unexpended funds will be irrevocably reverted by the Department's Division of Accounting on the applicable fund Reversion Date.
H. As a condition for receiving federal-aid highway funds for the PROJECT, the Administering Agency certifies that NO members of the elected board, council, or other key decision makers are on the Federal Government Exclusion List. Exclusions can be found at www.sam.gov. 3Page of 7Program Supplement 03-5288F15-F032-R1-Page 511 03/24/2026 Item No.12.
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2. A. ADMINISTERING AGENCY shall conform to all State statutes, regulations and procedures (including those set forth in the Local Assistance Procedures Manual and the Local Assistance Program Guidelines, hereafter collectively referred to as "LOCAL ASSISTANCE PROCEDURES") relating to the federal-aid program, all Title 23 Code of Federal Regulation (CFR) and 2 CFR Part 200 federal requirements, and all applicable federal laws, regulations, and policy and procedural or instructional memoranda, unless otherwise specifically waived as designated in the executed project-specific PROGRAM SUPPLEMENT.
B. Invoices shall be formatted in accordance with LOCAL ASSISTANCE PROCEDURES.
C. ADMINISTERING AGENCY must have at least one copy of supporting backup documentation for costs incurred and claimed for reimbursement by ADMINISTERING AGENCY. ADMINISTERING AGENCY agrees to submit supporting backup documentation with invoices if requested by State. Acceptable backup documentation includes, but is not limited to, agency's progress payment to the contractors, copies of cancelled checks showing amounts made payable to vendors and contractors, and/or a computerized summary of PROJECT costs.
D. Indirect Cost Allocation Plan/Indirect Cost Rate Proposals (ICAP/ICRP), Central Service Cost Allocation Plans and related documentation are to be prepared and provided to STATE (Caltrans Audits & Investigations) for review and approval prior to ADMINISTERING AGENCY seeking reimbursement of indirect costs incurred within each fiscal year being claimed for State and federal reimbursement. ICAPs/ICRPs must be prepared in accordance with the requirements set forth in 2 CFR, Part 200, Chapter 5 of the Local Assistance Procedural Manual, and the ICAP/ICRP approval procedures established by STATE.
E. STATE will withhold the greater of either two (2) percent of the total of all federal funds encumbered for each PROGRAM SUPPLEMENT or $40,000 until ADMINISTERING AGENCY submits the Final Report of Expenditures for each completed PROGRAM SUPPLEMENT PROJECT.
F. Payments to ADMINISTERING AGENCY for PROJECT-related travel and subsistence (per diem) expenses of ADMINISTERING AGENCY forces and its contractors and subcontractors claimed for reimbursement or as local match credit shall not exceed rates authorized to be paid rank and file STATE employees under current State Department of Personnel Administration (DPA) rules. If the rates invoiced by ADMINISTERING AGENCY are in excess of DPA rates, ADMINISTERING AGENCY is responsible for the cost difference, and any overpayments inadvertently paid by STATE shall be reimbursed to STATE by ADMINISTERING AGENCY on demand within thirty (30) days of such invoice. 4Page of 7Program Supplement 03-5288F15-F032-R1-Page 512 03/24/2026 Item No.12.
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G. ADMINISTERING AGENCY agrees to comply with 2 CFR, Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirement for Federal Awards.
H. ADMINISTERING AGENCY agrees, and will assure that its contractors and subcontractors will be obligated to agree, that Contract Cost Principles and Procedures, 48 CFR, Federal Acquisition Regulations System, Chapter 1, Part 31, et seq., shall be used to determine the allowability of individual PROJECT cost items.
I. Every sub-recipient receiving PROJECT funds under this AGREEMENT shall comply with 2 CFR, Part 200, 23 CFR, 48 CFR Chapter 1, Part 31, Local Assistance Procedures, Public Contract Code (PCC) 10300-10334 (procurement of goods), PCC 10335-10381 (non-A&E services), and other applicable STATE and FEDERAL regulations.
J. Any PROJECT costs for which ADMINISTERING AGENCY has received payment or credit that are determined by subsequent audit to be unallowable under 2 CFR, Part 200, 23 CFR, 48 CFR, Chapter 1, Part 31, and other applicable STATE and FEDERAL regulations, are subject to repayment by ADMINISTERING AGENCY to STATE.
K. STATE reserves the right to conduct technical and financial audits of PROJECT WORK and records and ADMINISTERING AGENCY agrees, and shall require its contractors and subcontractors to agree, to cooperate with STATE by making all appropriate and relevant PROJECT records available for audit and copying as required by the following paragraph:
ADMINISTERING AGENCY, ADMINISTERING AGENCY'S contractors and subcontractors, and STATE shall each maintain and make available for inspection and audit by STATE, the California State Auditor, or any duly authorized representative of STATE or the United States all books, documents, papers, accounting records, and other evidence pertaining to the performance of such contracts, including, but not limited to, the costs of administering those various contracts and ADMINISTERING AGENCY shall furnish copies thereof if requested.
All of the above referenced parties shall make such AGREEMENT, PROGRAM SUPPLEMENT, and contract materials available at their respective offices at all reasonable times during the entire PROJECT period and for three (3) years from the date of submission of the final expenditure report by the STATE to the FHWA.
L. ADMINISTERING AGENCY, its contractors and subcontractors shall establish and maintain a financial management system and records that properly accumulate and segregate reasonable, allowable, and allocable incurred PROJECT costs and matching funds by line item for the PROJECT. The financial management system
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of ADMINISTERING AGENCY, its contractors and all subcontractors shall conform to Generally Accepted Accounting Principles, enable the determination of incurred costs at interim points of completion, and provide support for reimbursement payment vouchers or invoices set to or paid by STATE.
M. ADMINISTERING AGENCY is required to have an audit in accordance with the Single Audit Act of 2 CFR 200 if it expends $750,000 or more in Federal Funds in a single fiscal year of the Catalogue of Federal Domestic Assistance.
N. ADMINISTERING AGENCY agrees to include all PROGRAM SUPPLEMENTS adopting the terms of this AGREEMENT in the schedule of projects to be examined in ADMINISTERING AGENCY's annual audit and in the schedule of projects to be examined under its single audit prepared in accordance with 2 CFR, Part 200.
O. ADMINISTERING AGENCY shall not award a non-A&E contract over $5,000, construction contracts over $10,000, or other contracts over $25,000 [excluding professional service contracts of the type which are required to be procured in accordance with Government Code sections 4525 (d), (e) and (f)] on the basis of a noncompetitive negotiation for work to be performed under this AGREEMENT without the prior written approval of STATE. Contracts awarded by ADMINISTERING AGENCY, if intended as local match credit, must meet the requirements set forth in this AGREEMENT regarding local match funds.
P. Any subcontract entered into by ADMINISTERING AGENCY as a result of this AGREEMENT shall contain provisions B, C, F, H, I, K, and L under Section 2 of this agreement.
3. Appendix E of the Title VI Assurances (US DOT Order 1050.2A) During the performance of this agreement, the ADMINISTERING AGENCY, ADMINISTERING AGENCY'S contractors and subcontractor, (hereinafter referred to as the "contractor") agrees to comply with the following nondiscrimination statutes and authorities; including but not limited to:
Pertinent Nondiscrimination Authorities:
A. Title VI of the Civil Rights Act of 1964 (42 U.S.C. 2000d et seq., 78 stat. 252), (prohibits discrimination on the basis of race, color, national origin); and 49 CFR Part 21.
B. The Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, (42 U.S.C. 4601), (prohibits unfair treatment of persons displaced or whose property has been acquired because of Federal or Federal-aid programs and projects); C. Federal-Aid Highway Act of 1973, (23 U.S.C. 324 et seq.), (prohibits discrimination on the basis of sex);
D. Section 504 of the Rehabilitation Act of 1973, (29 U.S.C. 794 et seq.), as 6Page of 7Program Supplement 03-5288F15-F032-R1-Page 514 03/24/2026 Item No.12.
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amended, (prohibits discrimination on the basis of disability); and 49 CFR Part 27; E. The Age Discrimination Act of 1975, as amended, (42 U.S.C. 6101 et seq.), (prohibits discrimination on the basis of age);
F. Airport and Airway Improvement Act of 1982, (49 U.S.C. 4 71, Section 4 7123), as amended, (prohibits discrimination based on race, creed, color, national origin, or sex); G. The Civil Rights Restoration Act of 1987, (PL 100-209), (Broadened the scope, coverage and applicability of Title VI of the Civil Rights Act of 1964, The Age Discrimination Act of 1975 and Section 504 of the Rehabilitation Act of 1973, by expanding the definition of the terms "programs or
activities" to include all of the programs or activities of the Federal-aid recipients, subrecipients and contractors, whether such programs or activities are Federally funded or not);
H. Titles II and III of the Americans with Disabilities Act, which prohibit discrimination on the basis of disability in the operation of public entities, public and private transportation systems, places of public accommodation, and certain testing entities (42 U.S.C. 12131-12189) as implemented by Department of Transportation regulations at 49 C.F.R. parts 37 and 38; I. The Federal Aviation Administration's Nondiscrimination statute (49 U.S.C. 47123) (prohibits discrimination on the basis of race, color, national origin, and sex); J. Executive Order 13166, Improving Access to Services for Persons with Limited English Proficiency, and resulting agency guidance, national origin discrimination includes discrimination because of limited English proficiency (LEP). To ensure compliance with Title VI, you must take reasonable steps to ensure that LEP persons have meaningful access to your programs (70 Fed. Reg. at 74087 to 74100);
K. Title IX of the Education Amendments of 1972, as amended, which prohibits you from discriminating because of sex in education programs or activities (20 U.S.C. 1681 et seq). 7Page of 7Program Supplement 03-5288F15-F032-R1-Page 515 03/24/2026 Item No.12.
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Folsom City Council
Staff Report
1 MEETING DATE:
3/24/2026
AGENDA SECTION:
New Business
SUBJECT: Resolution No. 11580- A Resolution Approving the Preliminary Engineer’s Report for the Following Landscaping and Lighting Districts for Fiscal Year 2026-27 and Setting Public Hearing for American River Canyon North, American River Canyon North No. 2, American River Canyon North No. 3, Blue Ravine Oaks, Blue Ravine Oaks No. 2, Briggs Ranch, Broadstone, Broadstone No. 4, Broadstone Unit No. 3, Cobble Ridge, Cobble Hills Ridge II/Reflections II, Folsom Heights, Folsom Heights No. 2, Hannaford Cross, Lake Natoma Shores, Los Cerros, Natoma Station, Natoma Valley, Prairie Oaks Ranch, Prairie Oaks Ranch No. 2, Prospect Ridge, Sierra Estates, Silverbrook, Steeplechase, The Residences at American River Canyon, The Residences at American River Canyon II, Willow Creek Estates East, Willow Creek Estates East No. 2, Willow Creek Estates South, and Willow Springs
FROM: Parks and Recreation Department
RECOMMENDATION / CITY COUNCIL ACTION
Staff recommends the City Council adopt Resolution No. 11580- A Resolution Approving the Preliminary Engineer’s Report for the Following Landscaping and Lighting Districts for Fiscal Year 2026-27 and Setting Public Hearing for American River Canyon North, American River Canyon North No. 2, American River Canyon North No. 3, Blue Ravine Oaks, Blue Ravine Oaks No. 2, Briggs Ranch, Broadstone, Broadstone No. 4, Broadstone Unit No. 3, Cobble Ridge, Cobble Hills Ridge II/Reflections II, Folsom Heights, Folsom Heights No. 2, Hannaford Cross, Lake Natoma Shores, Los Cerros, Natoma Station, Natoma Valley, Prairie Oaks Ranch, Prairie Oaks Ranch No. 2, Prospect Ridge, Sierra Estates, Silverbrook, Steeplechase, The Residences at American River Canyon, The Residences at American River Canyon II, Willow Creek Estates East, Willow Creek Estates East No. 2, Willow Creek Estates South, and Willow Springs.
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2 BACKGROUND / ISSUE
The City of Folsom has thirty existing Landscaping and Lighting Districts (Districts). Each year, as part of the annual assessment process, an Engineer’s Report must be prepared in accordance with the requirements of Article 4 of Chapter 1 of Part 2 of Division 15 of the Streets and Highways Code and the Landscaping and Lighting Act of 1972.
The Engineer’s Report for FY 2026-27 will address all thirty D istricts in one report and will be submitted for final approval to the City Council. The Annual Engineer’s Report process is a three-step process, and we are currently in step two. The third and final Engineer’s Report will go to the City Council for approval on April 14, 2026.
To improve transparency, the Council directed staff last fiscal year to include a revenue and expense table (Table A) in the Engineer’s Reports moving forward. This table has been included in the Preliminary Engineer’s Report for Fiscal Year 2026-27. This table summarizes and highlights the Districts with an operational deficit. Annual operational deficits are funded from the District's pooled cash account. Any reserve fund balance deficits are assigned to the District and are the District's ongoing financi al responsibility. Operating deficits can be reduced through annual reserve fund collections or by reducing services provided by the District.
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3 Table A – Revenue and Expenses
Council also directed staff to prepare a sample amortization schedule (Table B) outlin ing the repayment of debt associated with the underfunded Landscaping and Lighting Districts over 15 years. The schedule is intended to illustrate how the outstanding balance could be reduced over time through annual assessments and payments. It should be noted that the sample amortization table is provided for illustrative purposes only and represents a point in time; the actual repayment amounts and timeline may vary from year to year depending on D istrict expenses and assessments collected.
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4 Table B – Sample Amortization Schedule
On February 24, 2026, the City Council approved Resolution No. 11556 - A Resolution Directing the Preparation of Engineer’s Report for the Following Landscaping and Lighting Districts for Fiscal Year 202 6-27 American River Canyon North, American River Canyon North No. 2, American River Canyon North No. 3, Blue Ravine Oaks, Blue Ravine Oaks No. 2, Briggs Ranch, Broadstone, Broadstone No. 4, Broadstone Unit No. 3, Cobble Ridge, Cobble Hills Ridge II/Reflections II, Folsom Heights, Folsom Heights No. 2, Hannaford Cross, Lake Natoma Shores, Los Cerros, Natoma Station, Natoma Valley, Prairie Oaks Ranch, Prairie Oaks Ranch No. 2, Prospect Ridge, Sierra Estates, Silverbrook, Steeplechase, The Residences at American River Canyon, The Residences at American River Canyon II, Willow Creek Estates East, Willow Creek Estates East No. 2, Willow Creek Estates South, and Willow Springs Landscaping and Lighting Assessment Districts within the City of Folsom for FY 2026-27.
The attached resolution approves the Preliminary Engineer’s Report for the thirty Districts, declares the continued assessment for each District, and sets the date of the public hearing for final approval of the Engineer’s Report. The attached Preliminary Engineer’s Report for FY
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5 2026-27 addresses all thirty Districts in one report and is submitted for City Council review and approval. Included within the report are the following for each District:
A. Plans and specifications for the maintenance of the improvements (on file in the Parks & Recreation Department).
B. Cost estimates of maintaining the improvements.
C. Diagram of the assessment Districts.
D. Estimated costs for maintaining the improvements.
Due to the structural deficit within the existing Natoma Station Landscaping and Lighting District and the timing overlap between the Proposition 218 proceedings and the annual Engineer’s Report process, two Engineer’s Reports were prepared concurrently.
The Engineer’s Report, prepared as part of the City’s annual assessment process, assumes the proposed assessment does not pass. Under that scenario, the City would need to reduce services by more than $100,000 to balance the District's budget.
Conversely, the Engineer’s Report prepared in connection with the Proposition 218 ballot proceedings for the proposed Natoma Station Maintenance Assessment District No. 2025- 2 assumes the assessment would be approved in the absence of a majority protest. Accordingly, that report reflects the full assessment amount necessary to restore and enhance service levels, establish reserves for future capital renovation and replacement needs, and address repayment of the existing deficit.
If the proposed Natoma Station Maintenance Assessment District No. 2025- 2 is approved, pursuant to Section 22611 of the California Streets and Highways Code, all assets, liabilities, revenues, expenses, and installment obligations of the original Natoma Station Landscaping and Lighting District will be transferred to and assumed by the Natoma Station Maintenance Assessment District No. 2025- 2 for the continued maintenance and servicing of the improvements. At that time, the Natoma Station Landscaping and Li ghting District, included in the comprehensive 30- District Engineer’s Report, will cease to exist, and the original Natoma Station Landscaping and Lighting District Engineer’s Report will be abandoned.
Under the provisions of Section 54954.6 of the Government Code, each year, a public meeting and public hearing are to be held on the levy of assessments. The attached resolution sets the public hearing for the April 14, 2026, City Council meeting.
POLICY / RULE
The City Council is required to adopt a resolution approving the Preliminary Engineer’s Report as part of the annual assessment process pursuant to Article 4 of Chapter 1 of Part 2 of Division 15 of the Streets and Highways Code (Landscaping and Lighting A ct of 1972). The City Council is also required to adopt a resolution declaring its intention to levy and collect assessments pursuant to Section 54954.6 of the Government Code and Section 22624 of the Streets and Highways Code.
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6 ANALYSIS
The attached Preliminary Engineer’s Report (Attachment 2), prepared by the Engineer of Record, NBS Government Financing Group, covers all thirty Landscaping and Lighting Districts for FY 2026-27. The report includes one report for each district, compiled into a single document for City Council review. Prepared in accordance with the Streets and Highways Code, the report includes the plans and specifications, estimated costs and budgets, method of apportionment, proposed assessments for FY 2026-27, and the assessment diagram.
Assessment to Properties
The assessment rate for properties within each district is shown in the table under the financial impact section of this staff report (Table D). The table provided shows the maximum authorized assessment rate and the CPI or inflation factor, if applicable, on a district-by-district basis. We included the not-to-exceed CPI percentage for this fiscal year for reference.
Installment Summary
The installment summaries describe short- term installments collected pursuant to Section 22660 of the Streets and Highways Code to meet the District's anticipated future repair and replacement needs, expected to occur within an approximate 5 -year time frame, as well as long-term installments collected to meet those needs, expected to occur within 5 to 30- year time frames.
Comparison to Last Year
District budgets for this upcoming year will continue to focus on improvements and restorations that enhance each District’s commitment to water conservation, prolonging asset life, drought-tolerant landscaping, fire safety, and tree stewardship. As such, some D istricts will be retrofitting and centralizing irrigation controllers, inventorying street trees, replacing plant materials with water -wise varieties, and converting to LED s treetlights. Many of the City’s Districts are over 20 years old and do not have escalators built into their rates to track with cost-of-living increases and economic changes.
Community Outreach for Underfunded Districts
Staff conducted three community outreach meetings in preparation for the Proposition 218 process with residents of the Natoma Station Landscaping and Lighting District. Pursuant to Section 22605(d) of the Streets and Highways Code. The existing Natoma Station Landscaping and Lighting District would be consolidated with the Natoma Station Maintenance Assessment District No. 2025-2 if the proposed assessment is approved.
During the outreach process for Natoma Station District, several community members stated that they had preferred that the City had notified them immediately as soon as the District was entering into a deficit. In an effort to increase transparency, staff are in the process of notifying all residents within Briggs Ranch and Hannaford Cross Districts that are currently underfunded and scheduled for a n upcoming Proposition 218 reassessment in the next FY 2026- 27.
Consistent with the requirements of Proposition 218, the outreach process will inform owners within each district of proposed adjustments necessary to ensure sufficient funding for ongoing
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7 maintenance, operations, and long-term infrastructure needs. Engaging these Districts through the Proposition 218 process will help address existing funding deficiencies and support the financial sustainability of these aging Landscaping and Lighting Districts.
Additional Districts being monitored for potential outreach related to a new assessment overlay District include Cobble Ridge II/Reflections II (32 years old) and Broadstone & Broadstone No. 4 (34 years old). Broadstone No.4 was approved by voters and adopted by the City Council in July 2016. The budget for Broadstone No. 4 was structured to provide for immediate needs in the first five years by way of a higher assessment, followed by a reduced assessment level for ongoing maintenance. This reduced assessment level is now insufficient to address the District's long-term maintenance and renovation needs.
Steeplechase, Blue Ravine Oaks & Blue Ravine Oaks No.2 (The Shores), Willow Creek Estates East & Willow Creek Estates East No.2, Willow Creek Estates South (Lexington Hills), Los Cerros, Lake Natoma Shores (Th e Preserves), Willow Springs, and Sierra Estates have been identified as having projected budget revenue shortfalls that may impact their ability to maintain basic landscape and lighting services within the next five years. To ensure continued service levels and fiscal sustainability, these districts w ill require outreach efforts and consideration of new or increased property assessments in accor dance with Proposition 218 procedures.
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8 Table C – Assessment Analysis
The comparison between fiscal years for the assessment costs involves evaluating the amount charged to property owners in each Landscape and Lighting District during FY 2025- 26 and comparing it to the newly proposed rates for FY2026- 27. This analysis identifies whether assessment amounts have increased, decreased, or remained the same (Table C). Any changes typically result from factors such as rising costs for landscaping, lighting, irrigation, labor, or utilities, as well as inflation adjustments allowed under CPI limits. If costs have increased, the proposed assessments for FY 2026- 27 are adjusted accordingly to ensure each district has adequate funding to maintain service levels. If no cost increases are anticipated, assessments may remain flat. The goal of this comparison is to maintain equitable, transparent funding for each district based on actual service needs and expenditures.
FINANCIAL IMPACT
Each Landscaping and Lighting District levies and collects funds to cover operating and maintenance costs. There is no fiscal impact to the City of Folsom General Fund. Below is a summary of the proposed assessments for FY 2026- 27 (Table D). One (1) District is being
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9 removed from the tax roll (Union Square, because it has an HOA that manages the landscape areas).
Table D – Proposed Assessments for FY 2026-27
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10 ENVIRONMENTAL REVIEW
There is no environmental impact related to the approval of the Preliminary Engineer’s Report.
ATTACHMENTS
1. Resolution No. 11580- A Resolution Approving the Preliminary Engineer’s Report for the Following Landscaping and Lighting Districts for Fiscal Year 2026-27 and Setting Public Hearing for American River Canyon North, American River Canyon North No. 2, American River Canyon North No. 3, Blue Ravine Oaks, Blue Ravine Oaks No. 2, Briggs Ranch, Broadstone, Broadstone No. 4, Broadstone Unit No. 3, Cobble Ridge, Cobble Hills Ridge II/Reflections II, Folsom Heights, Folsom Heights No. 2, Hannaford Cross, Lake Natoma Shores, Los Cerros, Natoma Station, Natoma Valley, Prairie Oaks Ranch, Prairie Oaks Ranch No. 2, Prospect Ridge, Sierra Estates, Silverbrook, Steeplechase, The Residences at American River Canyon, The Residences at American River Canyon II, Willow Creek Estates East, Willow Creek Estates East No. 2, Willow Creek Estates South, and Willow Springs
2. Preliminary Engineer’s Report – The City of Folsom Landscaping and Lighting Districts, March 2026
Submitted,
Kelly Gonzalez, Parks & Recreation Director
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Attachment 1
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Resolution No. 11580
RESOLUTION NO. 11580
A RESOLUTION APPROVING THE PRELIMINARY ENGINEER’S REPORT FOR
THE FOLLOWING LANDSCAPING AND LIGHTING DISTRICTS FOR FISCAL YEAR 2026-27 AND SETTING PUBLIC HEARING FOR AMERICAN RIVER CANYON NORTH, AMERICAN RIVER CANYON NORTH NO. 2, AMERICAN RIVER CANYON NORTH NO. 3, BLUE RAVINE OAKS, BLUE RAVINE OAKS NO. 2, BRIGGS RANCH, BROADSTONE, BROADSTONE NO. 4, BROADSTONE UNIT NO. 3, COBBLE RIDGE,
COBBLE HILLS RIDGE II/REFLECTIONS II, FOLSOM HEIGHTS, FOLSOM HEIGHTS NO. 2, HANNAFORD CROSS, LAKE NATOMA SHORES, LOS CERROS,
NATOMA STATION, NATOMA VALLEY, PRAIRIE OAKS RANCH, PRAIRIE OAKS RANCH NO. 2, PROSPECT RIDGE, SIERRA ESTATES, SILVERBROOK,
STEEPLECHASE, THE RESIDENCES AT AMERICAN RIVER CANYON, THE
RESIDENCES AT AMERICAN RIVER CANYON II, WILLOW CREEK ESTATES EAST, WILLOW CREEK ESTATES EAST NO. 2, WILLOW CREEK ESTATES
SOUTH, AND WILLOW SPRINGS
WHEREAS, the City Council of the City of Folsom, County of Sacramento, California, is the governing body for the following Assessment Districts (collectively the “Assessment Districts”).
The proposed assessment rates for FY 2026-27 are as follows:
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Resolution No. 11580
WHEREAS, the Engineer’s Report for the Assessment Districts has been made, filed with the City Clerk, and duly considered by the Council and is hereby deemed sufficient and preliminarily approved. The Engineer’s Report shall stand as the Engineer’s Report for all subsequent proceedings under and pursuant to this Resolution, Section 22565, et. seq., of the California Streets and Highways Code and Article XIIID of the California Constitution; and
WHEREAS, the City Council intends to levy and collect assessments within the Assessment Districts for FY 2026-27. Within the Assessment Districts, the existing and proposed improvements are generally described as follows:
The improvements to be undertaken by the Assessment Districts are described as installation, maintenance and servicing of public facilities, including but not limited to, turf, ground cover, shrubs and trees, irrigation systems, drainage systems, street lighting, fencing, sound walls, sidewalks, monuments, statuary, fountains, water quality ponds, park facilities, open space, bike trails, walkways, drainage swales and other ornamental structures and facilities, entry signage, street pavers, art work, and all necessary appurtenances, and labor, materials, supplies, utilities and equipment, as applicable, for property owned or maintained by the City of Folsom. Services provided include all necessary services, operations, and maintenance of the above-mentioned improvements, as applicable, for any property owned or maintained by the City of Folsom.
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Resolution No. 11580
WHEREAS, the Assessment Districts consist of the lots and parcels shown on the boundary maps of the Assessment Districts on file with the City Clerk of the City of Folsom, and reference is hereby made to such maps for further particulars; and
WHEREAS, reference is hereby made to the Engineer’s Report, on file with the City Clerk, for a full and detailed description of the improvements, the boundaries of the assessment districts and any zones therein, and the estimated cost of the improvements and the proposed assessments upon assessable lots and parcels of land within the Assessment Districts; and
WHEREAS, before the conclusion of the hearing, any interested person may file a written protest with the City Clerk, or, having previously filed a protest, may file a written withdrawal of that protest. A written protest shall state all grounds of objection. A protest by a property owner shall contain a description sufficient to identify the property owned by such owner; and
WHEREAS, the City Clerk shall cause a notice of the hearing to be given by publishing a notice once, at least ten (10) days before the date of the hearing above specified, in a newspaper circulated in the City of Folsom.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Folsom authorizes:
1. APPROVAL OF PRELIMINARY ENGINEER’S REPORT : The Preliminary Engineer’s Report for the City of Folsom Landscaping and Lighting Districts for FY 2026-27 is hereby approved.
PROPOSED ASSESSMENT: The City Council of the City of Folsom intends to continue levying and collecting assessments during FY 2026-27 within the City of Folsom Landscaping and Lighting Districts.
2. REVIEW OF PRELIMINARY ENGINEER’S REPORT: Affected property owners and interested persons may review the Engineer’s Report, which contains a full and detailed description of each of the Assessment District boundaries, within the City of Folsom Landscaping and Lighting Districts, the improvements, and the proposed maintenance budget and assessments upon each parcel within each Assessment District, at the City of Folsom located at 50 Natoma Street, Folsom, California 95630 between the hours of 8:00 a.m. and 5:00 p.m., Monday through Friday.
3. PUBLIC HEARING: The City Council has scheduled a public hearing on the proposed assessments within each Assessment District on April 14, 2026, at 6:30 p.m., at the City of Folsom, City Council Chambers, 50 Natoma Street, Folsom, California 95630, for the purpose of allowing public testimony regarding the proposed assessments and for the Council’s final action upon the Engineer’s Report and proposed assessments.
PASSED AND ADOPTED this 24
th day of March 2026 by the following vote:
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Resolution No. 11580
AYES: Councilmember(s):
NOES: Councilmember(s):
ABSENT: Councilmember(s):
ABSTAIN: Councilmember(s):
Justin Raithel, MAYOR
ATTEST:
Christa Freemantle, CITY CLERK
03/24/2026 Item No.13.
Attachment 2
03/24/2026 Item No.13.
nbsgov.com
Prepared by:
Preliminary Engineer’s Report For: Fiscal Year 2026/27
Landscape and Lighting Assessment Districts
March 202 6
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report
TABLE OF CONTENTS
1. Engineer’s Letter .................................................................................... ......................... 1
2. Introduction ...................................... ................................................... .......................... 2
2.1 Background .................................... ............................................................................ 2
2.2 Process for Annual Assessment ................. ............................................................... 2
2.3 Legislative Context ........................... ......................................................................... 3
3. Plans and Specifications ............................................................................. ..................... 6
3.1 Description of Improvements ................... ................................................................ 7
4. Estimate of Costs and Budgets ........................................................................ .............. 20
5. Method of Apportionment............................ ................................................... ............. 21
5.1 Discussion of Benefit ......................... ...................................................................... 21
5.2 General versus Special Benefit ................ ................................................................ 23
5.3 Quantification of General Benefit ............. .............................................................. 24
5.4 Method of Apportionment ....................... ............................................................... 25
5.5 Assessment Apportionment ...................... .............................................................. 25
5.6 Maximum Assessment Increase ................... ........................................................... 39
5.7 Fiscal Year 2026/27 Maximum Assessment ........ .................................................... 39
6. Assessment Diagram ................................................................................... .................. 41
7. Budgets .............................................................................................. .......................... 42
8. Assessment Rolls ..................................................................................... ..................... 46
03/24/2026 Item No.13.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 2
2. INTRODUCTION
2.1 Background
The City has previously formed 30 Landscaping and Lighting Districts (the “Districts”) to provide funding for the installation, maintenance and servicing of landscaping, sidewalks, fences, walls, parks, open space, signage, soundwalls, street lighting, and other public improvements in the City. The 30 Districts are as follows:
American River Canyon North Los Cerros
American River Canyon North No. 2 Natoma Station
American River Canyon North No. 3 Natoma Valley
Blue Ravine Oaks Prairie Oaks Ranch
Blue Ravine Oaks No. 2 Prairie Oaks Ranch No. 2
Briggs Ranch Prospect Ridge
Broadstone Sierra Estates
Broadstone No.3 Silverbrook
Broadstone No. 4 Steeplechase
Cobble Hills Ridge II/Reflections II The Residences at American River Canyon Cobble Ridge The Residences at American River Canyon II Folsom Heights Willow Creek Estates East
Folsom Heights No. 2 Willow Creek Estates East No. 2 Hannaford Cross Willow Creek Estates South
Lake Natoma Shores Willow Springs
2.2 Process for Annual Assessment
The Districts were formed and assessments were established in previous fiscal years. As required by the procedures specified in the Act, an Engineer’s Report must be prepared on an annual basis which contains a full and detailed description of the improvements, the boundaries of the assessment district and any zones therein, and the proposed assessments upon assessable lots and parcels of land within the assessment district. The Engineer’s Report may also identify future planned projects.
The City Council must also annually adopt a resolution of intention which:
Declares the intention of the City Council to levy and collect assessments within the assessment district for the fiscal year stated therein.
Generally describes the existing and proposed improvements and any substantial changes proposed to be made in existing improvements.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 3 Refers to the assessment district by its distinctive designation and indicates the general location of the assessment district.
Refers to the report of the engineer, on file with the City Clerk, for a full and detailed description of the improvements, the boundaries of the assessment district and any zones therein, and the proposed assessments upon assessable lots and parcels of land within the assessment district. Gives notice of the time and place for public hearing by the City Council on the levy of the proposed assessment.
States whether the assessment is proposed to increase from the previous year.
If the assessments are to be levied in the same or lesser amounts than the maximum assessment allowed, the City Clerk shall give notice of the public hearing by causing the resolution of intention to be published at least 10 days prior to the date of the public hearing. Any interested person may, prior to the conclusion of the public hearing, file a written protest which shall state all grounds of objection. The protest shall contain a description sufficient to identify the property owned by the property owner filing the protest.
During the course or upon conclusion of the hearing, the City Council may order changes in any of the matters provided in the report, including changes in the improvements, any zones within the assessment district, and the proposed diagram or the proposed assessment. If the assessment to be levied exceeds the maximum assessment allowed, the City must comply with the procedures specified in Article XIII D and Proposition 218.
The City Council, upon conclusion of the public hearing must then adopt a resolution confirming the diagram and assessment, either as originally proposed or as changed by it. The adoption of the resolution shall constitute the levy of an assessment for the fiscal year referred to in the assessment. If confirmed, the assessments would be submitted to the County Auditor Controller for inclusion on the property tax roll.
2.3 Legislative Context
In 1996, California voters adopted Proposition 218, known as the “Right to Vote on Taxes Act,” which added Articles XIII C and XIII D to the California Constitution. Article XIII D established new substantive and procedural requirements on agencies for levying assessments, being levies on real property by an agency for a special benefit conferred upon the real property. “Special benefit” is defined in Article XIII D as “a particular and distinct benefit over and above general benefits conferred on a real property located in the district or to the public at large.”
Article XIII D imposes five basic substantive requirements on assessments:
All parcels that will have a special benefit conferred upon them and upon which an assessment will be imposed must be identified;
The general benefits must be distinguished from the special benefits conferred on the parcels; The proportionate special benefit derived by each identified parcel must be determined in relationship to the entirety of the capital cost of a public improvement, the maintenance and operation expenses of a public improvement, or the cost of the property related service being provided;
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 4 The amount assessed to a parcel must not exceed the reasonable cost of the proportional special benefit conferred on that parcel and must not include any costs attributable to the general benefit; and
Parcels within a district that are owned or used by any agency, the State of California or the United States shall not be exempt from assessment unless the agency can demonstrate by clear and convincing evidence that those publicly owned parcels in fact receive no special benefit.
Since the initial passage of Proposition 218, several court rulings have helped provide context and direction with respect to the procedures and requirements of Article XIII D for levying assessments. Several of the key concepts from these rulings are summarized below.
GENERAL BENEFIT
Article XIII D requires an agency to separate the general benefits from the special benefits conferred on the identified parcels because only special benefits are assessable.
The Court of Appeal in Golden Hills Neighborhood Assn., Inc. v. City of San Diego (2011) (“ Golden Hills” ) clarified this concept by stating, “ Separation and quantification of general and special benefits must be accomplished by apportioning the cost of a service or improvement between the two and assessing property owners only for the portion of the cost representing special benefits .” The Court of Appeal in Beutz v. County of Riverside (2010) (“ Beutz” ) noted that the trial court took judicial notice of the Legislative Analyst’s Office pamphlet titled “Understanding Proposition 218” which states an agency must, “ estimate the amount of special benefit landowners would receive from the project or service, as well as the amount of ‘general benefit.’ This step is needed because Proposition 218 allows local government to recoup from assessments only the proportionate share of cost to provide the special benefit. ”
The Court in Beutz furthered this idea stating, “ Separating the general from the special benefits of a public improvement project and estimating the quantity of each in relation to the other is essential if an assessment is to be limited to the special benefits.”
The Court of Appeal in Silicon Valley Taxpayers' Association Incorporated v. Santa Clara County Open Space Authority (2008) (“SVTA”) clarified that general benefits are not restricted to benefits conferred only on persons and property outside the assessment district but can include benefits both conferred on real property located in the district or to the public at large. The “public at large” includes all members of the public, including those who live, work, and shop within the district, and not simply transient visitors.
The Court of Appeal again reiterated the need to separate, quantify and apportion costs to general benefits from the improvements in Broad Beach Geologic Hazard Abatement District v 31506 Victoria Point LLC (2022), stating, “The District cites no authority, and we are aware of none, suggesting that an agency’s subjective intent determines the need to account for general benefits.”
BENEFIT-BASED NOT COST-BASED
In Town of Tiburon v. Bonander (2009) (“ Tiburon” ), the Court of Appeal clarified the idea that assessments must be apportioned based upon benefit rather than cost. The Court stated, “ Proportionate special benefit is the basis upon which a project’s total assessable costs are apportioned among parcels within an assessment district. ”
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 5 The assessment on a particular property cannot be based on the relative cost of the improvements to the property, but rather on the special benefit conferred on such property. The Court in Tiburon also stated, “an assessment represents the entirety of the cost of the improvement or property-related service, less any amount attributable to general benefits (which may not be assessed), allocated to individual properties in proportion to the relative special benefit conferred on the property .”
MEASURING AND APPORTIONING SPECIAL BENEFIT
The Court in Tiburon acknowledged the difficulty of trying to precisely assign and measure special benefit, stating, “ Any attempt to classify special benefits conferred on particular properties and to assign relative weights to those benefits will necessarily involve some degree of imprecision. ” The Court in Tiburon went on to say that a formula assigning equal weight to different special benefits “may be a legally justifiable approach to measuring and apportioning special benefits, [but] it is not necessarily the only valid approach. Whichever approach is taken to measuring and apportioning special benefits, however, it must be both defensible and consistently applied .”
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 6
3. PLANS AND SPECIFICATIONS
The work and improvements proposed to be undertaken by the City and the cost thereof paid from the continuation of the annual assessment provide special benefit to parcels within the Districts as defined in the Method of Apportionment herein. Consistent with the Act, the Districts’ work and improvements are generally described as follows:
The installation, maintenance and servicing of turf, ground cover, shrubs and trees, irrigation systems, drainage systems, street lighting, fencing, soundwalls, sidewalks, monuments, statuary, fountains, water quality ponds, park facilities, open space, bike trails, walkways, drainage swales, other ornamental structures and facilities, entry signage, street pavers, art work, and monuments, as well as all necessary appurtenances, labor, materials, supplies, utilities, and equipment, as applicable, for property owned or maintained by the City. Any plans and specifications for these improvements have been filed with the City and are incorporated herein by reference.
"Maintain" or "maintenance" means the furnishing of services and materials for the ordinary and usual maintenance, operation, and servicing of any improvement, including:
a) Repair, removal, or replacement of all or any part of any improvement. b) Providing for the life, growth, health, and beauty of landscaping, including cultivation, irrigation, trimming, spraying, fertilizing, or treating for disease or injury. c) The removal of trimmings, rubbish, debris, and other solid waste. d) The cleaning, sandblasting, and painting of walls and other improvements to remove or cover graffiti.
"Service" or "servicing" means the furnishing of:
a) Electric current or energy, gas, or other illuminating agent for any public lighting facilities or for the lighting or operation of any other improvements.
b) Water for the irrigation of any landscaping, the operation of any fountains, or the maintenance of any other improvements.
Plans and Specifications for the improvements are incorporated by reference and made a part of this Engineer’s Report. The Plans and Specifications for each District are on file with the City and are available for public inspection.
Included is a separate but integral tool: the City of Folsom Landscaping and Lighting District Improvement Plan (“Improvement Plan”). It is a separate planning document that identifies the type of upcoming improvements (e.g. re-landscaping a corridor or painting a wall); the estimated cost; any installments required for short-term (less than five years) and/or long term (not greater than 30 years) improvements, and the approximate schedule for completion of the improvements. The City intends to continually update and revise the Improvement Plan throughout each year to reflect the current status of improvement projects, budget updates and/or changes in priorities.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 7 The concept of the Improvement Plan arose from the City’s commitment to comply with the requirements of the Act as well as produce a valuable instrument that enables the City to schedule, prioritize, and plan for needed maintenance and servicing improvements in the districts. It also serves as a user-friendly means for members of the public to review and understand the use of the assessment revenues generated from each District.
The assessment proceeds from each District will be exclusively used for improvements within that District plus incidental expenses. Reference is made to Section 4 - Estimate of Costs and Budgets, Section 7 - Budgets, and the additional plans and specifications, including District specific expenditure and improvement plans, which are on file with the City.
3.1 Description of Improvements
The following are descriptions of the improvements for each of the Districts.
AMERICAN RIVER CANYON NORTH
Maintenance of lawns and trees within landscape medians, corridors, and open spaces. Purchase of irrigation water from San Juan Suburban Water District. Maintenance of irrigation system, entry fountain, plantings, sidewalks and streetlights. Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Waterfall pumps, autofill, filters, and chlorination system. Waterfall pond liner (concrete and other).
Major monuments on Oak Avenue at American River Canyon Drive.
AMERICAN RIVER CANYON NORTH NO. 2
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Paint and replace streetlight poles.
AMERICAN RIVER CANYON NORTH NO. 3
Purchase of electric power.
Purchase of irrigation water from San Juan Suburban Water District. Maintenance of landscaping, open space, lighting, signs, sidewalk and walls, waterfalls, including turf, ground cover, shrubs and trees, irrigation systems, drainage systems, street lighting, walls, and signs.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 8 Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Centralized irrigation controller upgrade.
Signage replacement.
Tree pruning.
Ladder fuel removal.
Waterfall rock repair.
Baldwin Dam path repair.
Tree and landscape improvements or replacements.
American River Canyon Drive/Canyon Falls (Cascade perimeter) landscaping, remove/replace trees, mow band replacement.
Main Walking Trail landscaping, irrigation, stairs, and clean up. Minor monument replacements (six monuments).
Trail bollard replacements (29 bollards).
Irrigation controller replacements (16 controllers).
Interior trail repairs.
BLUE RAVINE OAKS AND BLUE RAVINE OAKS NO. 2
Maintenance of lawns and trees within landscape medians and corridors. Purchase of irrigation water from City.
Maintenance of irrigation system, plantings, sidewalks, fences, walls, and streetlights. Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Mini park turf and shrub renovations.
Tree pruning.
Blue Ravine Road wall repair.
Irrigation controller replacements (three controllers). Streetlight pole replacements (six poles).
Tree removal and replacement.
Riley Street fence replacement.
Signage replacement.
Turf renovation Timson Drive and Riley Street.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 9 Turf renovation Hazelmere Drive and Riley Street.
Turf renovation between Hazelmere Drive and Timson Drive.
BRIGGS RANCH
Maintenance of lawns and trees within landscape medians and corridors. Purchase of irrigation water from City.
Maintenance of irrigation system, plantings, sidewalks, trails, walls, fences, open space area, signage, and streetlights.
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Shrub and tree upgrades (Blue Ravine Road/East Natoma Street). Fence/wall repair/replacement.
Fence repair/replacement (East Natoma Street partial). Trail repairs.
Pet stations repair/replacement.
Tree pruning.
Bollard repair/replacement.
Fence repair/replacement (Blue Ravine Road partial).
Entry sign replacement (brass lettering).
Irrigation upgrades/replacement (three controllers).
Landscape lighting upgrades or replacement.
Tree and landscape improvements (partial collection). Irrigation controller replacements (two controllers). Trail bollard replacements (11 bollards).
Streetlight pole replacements (six poles).
Monument repair.
BROADSTONE AND BROADSTONE NO. 4
Maintenance of lawns and trees within landscape medians and corridors. Purchase of irrigation water from the City.
Maintenance of irrigation system, plantings, sidewalks, trails, sound walls, water quality ponds, and streetlights.
Purchase of electric power.
Maintenance of street lighting fixtures.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 10 Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree and landscape improvements (partial fund collection). Bollard repair/painting/replacement (27 bollards).
Light pole/fixture replacement of KW.
Trail repairs.
Tree pruning.
Repair irrigation, replace shrubs (Iron Point Road median, Rathbone Circle, Knopfler Circle, and other interior areas).
Tree and landscape improvements or replacements.
Ladder fuel removal.
Shrub replacement throughout (some irrigation repair) 28 acres. Landscape light repair/replacement (60 lights).
Pet station replacement (seven stations).
Signage repair/replacement.
Turf removal/irrigation retrofit.
Irrigation upgrades and flow (15 controllers).
Fence replacement at retention areas.
Streetlight pole replacements (25 poles).
Redwood removals and replacements adjacent to soundwall (400+) Post and cable replacement.
BROADSTONE NO. 3
Purchase of electric power.
Maintenance of street light fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Paint streetlight poles (350 poles).
Streetlight pole replacements (12 poles).
COBBLE HILLS RIDGE II/ REFLECTIONS II
Maintenance of lawns and trees within landscape medians and corridors. Purchase of irrigation water from the City.
Maintenance of irrigation system, plantings, sidewalks, soundwalls, signage, parks, park facilities, open space, and streetlights.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 11 Purchase of electric power from Sacramento Municipal Utility District. Maintenance of public lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree and landscape improvements or replacement.
Turf and shrub repair/replacement (Mini Park and path to Lembi Drive). Tree pruning.
Fence repair/replacement (225 feet).
Wall repairs and painting (628 feet).
Shrub replacement (Glenn Drive/Oxburough Drive and Sibly Street and Corner). Signage repair/replacement.
Irrigation controller replacements (five controllers). Streetlight pole replacements (three poles).
COBBLE RIDGE
Purchase of irrigation water from the City.
Maintenance of the irrigation system and plantings in a useful and workable condition, together with maintaining walls, and open space areas.
Maintenance of lawns and trees within landscape corridors.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree pruning.
Fence repair/replacement.
Shrub replacement.
Tubular fence replacement.
Tree and landscape improvements or replacement.
Irrigation controller replacement.
Streetlight pole replacements (three poles).
FOLSOM HEIGHTS AND FOLSOM HEIGHTS NO. 2
Maintenance of lawns and trees within landscape medians and corridors, corridors, bike trails, walkways, and open space areas.
Purchase of irrigation water from the City.
Maintenance of irrigation system, plantings, fences, walls, sidewalks, and streetlights. Purchase of electric power.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 12 Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Ladder fuel removal.
Tree pruning and tree care in open space.
Fence work.
Glenn Drive wall repair.
Tree and landscape improvements (Vierra Circle).
Landscape replacement (Glenn Drive).
Signage replacement.
Irrigation controller replacements (four controllers). Streetlight pole replacements (three poles).
HANNAFORD CROSS
Maintenance of lawns and trees within landscape medians and corridors. Purchase of irrigation water and electric power for the two mini parks in a 70%/30% (City/District) contribution (based on maintenance assignments).
Maintenance of irrigation system, bike trails, walkways, fences, walls, guard shack, drainage swale, plantings, sidewalks, and streetlights.
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Lakeside fence repair.
Repairs at guard shack.
Tree pruning.
Streetlight pole replacements (three poles).
Plant replacement on Lakeside Way and Inwood Road.
Wall repairs on Inwood Road.
Plant Replacement on Egloff Circle.
Guard shack roof repair.
Irrigation controller replacements (three controllers).
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 13
LAKE NATOMA SHORES
Maintenance of lawns and trees within landscape medians and corridors. Maintenance of irrigation system, soundwalls, signage, street pavers, plantings, sidewalks, and streetlights.
Purchase of irrigation water from the City.
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
LED landscape lights.
Tree pruning.
Signage repair/replacement.
Turf repair and irrigation upgrades.
Tree and landscape improvements or replacement.
Irrigation controller replacements (two controllers). Streetlight pole replacements (two poles).
LOS CERROS
Maintenance of landscape medians and corridors.
Purchase of irrigation water from the City.
Maintenance of irrigation system, walls, plantings, sidewalks, and streetlights. Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree replacement.
Tree pruning
Landscape LED replacements.
Ladder fuel removal.
Upgrade irrigation controllers.
Install flow package and master valve.
Streetlight pole replacements (three poles).
Streetlight pole painting.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 14
NATOMA STATION
Maintenance of irrigation system, walls, signage, artwork, open space areas, parks, plantings, and streetlights.
Purchase of irrigation water from the City.
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Light pole replacement.
Shrub and tree replacement / concrete work on turnpike. Iron Point Road shrub and tree replacement.
Bigfoot mini park tree replacement.
Tree replacement / wall damage on Black Diamond Drive. Shrub and tree replacement on Blue Ravine Road.
Tree pruning.
Ladder fuel removal.
Tree and landscape improvements or replacements.
Wetland area improvements.
Wall repair and painting (7,800 linear feet).
Mini park replanting / bark (two parks @ 0.5 acre).
Road paver replacement.
Signage repair / replacement.
Sidewalk repair.
Irrigation upgrades.
Art repair.
Redwood removals and tree replacements adjacent to wall (50+). Streetlight pole replacement / painting.
Union Square: A Benefit Zone within Natoma Station will be providing its own landscaping and lighting maintenance via an existing homeowner’s association for Fiscal Year 2026/27.
NATOMA VALLEY
Installation, maintenance and servicing of turf, ground cover, shrubs and trees, irrigation systems, drainage systems, street lighting, soundwalls, retaining walls, fencing and all necessary appurtenances, labor, materials, supplies, utilities, and equipment.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 15 Future Improvement Projects:
Tree pruning.
Wall repair/replacement.
Landscape replacement on Upper Tier and Lower Tier.
Irrigation controller replacement.
Streetlight pole replacement.
PRAIRIE OAKS RANCH AND PRAIRIE OAKS RANCH NO. 2
Maintenance and servicing of lawns and trees within landscape medians and corridors. Purchase of irrigation water from the City.
Maintenance of irrigation system, walls, signage, fences, open space areas, trellises, and streetlights along Grover Road, Russi Road, Willard Drive, Stewart Street, and the interior public roadways within the subdivisions.
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree pruning.
Tree and landscape replacement.
Fence replacement.
LED landscape lights.
Repair damaged walls (stucco half walls).
Ladder fuel removal.
Landscape replacement on Blue Ravine Road.
Landscape Replacement on Riley Street.
Landscape Replacement on Prairie City Road.
Landscape replacement on Iron Point Road.
Post and cable replacement.
Irrigation controller replacements (10 controllers).
Streetlight pole replacements (six poles).
PROSPECT RIDGE
Maintenance of irrigation system, walls, signage, open space areas, parks, plantings, and streetlights.
Purchase of irrigation water from the City.
Purchase of electric power.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 16 Maintenance of street lighting fixtures.
Maintenance of landscape corridors.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree pruning.
Ladder fuel removal.
Drainage cleanup.
Wall replacement.
Plant replacement.
Irrigation controller replacement.
Streetlight pole replacement.
SIERRA ESTATES
Maintenance of landscaping, lighting and soundwalls along Rowland Court, Dolan Court and Riley Street including turf, ground cover, shrubs and trees, irrigation systems, drainage systems, street lighting, fencing, soundwalls, monuments, statuary, fountains, and other ornamental structures and facilities, entry monuments, and all necessary appurtenances. Purchase of water from the City.
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree pruning.
Wall replacement (partial).
Landscape replacement on frontage.
Irrigation controller replacement.
Streetlight pole replacement.
SILVERBROOK
Maintenance of lawns and trees within landscape medians and corridors. Purchase of irrigation water from the City.
Maintenance of irrigation system, plantings, sidewalks, and streetlights. Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 17 No planned improvement projects.
Future Improvement Projects:
Tree replacement.
Median relandscaping.
Irrigation controller replacement.
Streetlight pole replacements (two poles).
STEEPLECHASE
Maintenance of lawns and trees within landscape medians and corridors. Purchase of irrigation water from the City.
Maintenance of irrigation system, plantings, sidewalks, and streetlights. Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree pruning.
Park turf renovation.
Park plant replacement.
Landscape frontage replacement.
Trail repairs.
Trail bollard replacement.
Irrigation controller replacements (two controllers). Streetlight pole replacements (20 poles).
THE RESIDENCES AT AMERICAN RIVER CANYON
Maintenance landscaping, lighting and soundwalls along American River Canyon Drive and Oak Avenue including turf, ground cover, shrubs and trees, irrigation systems, drainage systems, street lighting, sound-walls, and all necessary appurtenances. Purchase of water from San Juan Water District.
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree pruning.
Landscape replacement.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 18 Tree replacement.
Drainage cleanup.
Wall replacement partial.
Irrigation controller replacement.
Streetlight pole replacement.
THE RESIDENCES AT AMERICAN CANYON II
Installation, maintenance and servicing of turf, ground cover, shrubs, and trees, irrigation systems, drainage systems, street lighting, walls, signage and all necessary appurtenances, and labor, materials, supplies, utilities, and equipment
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree pruning.
Landscape replacement.
Tree replacement.
Drainage cleanup.
Wall replacement partial.
Irrigation controller replacement.
Streetlight pole replacement.
WILLOW CREEK ESTATES EAST AND WILLOW CREEK ESTATES EAST NO. 2 Maintenance of lawns and trees within landscape medians and corridors. Purchase of irrigation water from the City.
Maintenance of irrigation system, walls, plantings, sidewalks and streetlights, as well as weed abatement.
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Two flow packages and master valve installation.
Light pole replacement (three poles).
Tree pruning.
Landscape replacement on Oak Avenue.
Landscape replacement on Blue Ravine Road.
Irrigation controller upgrade (four controllers).
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 19 Tree and landscape improvement or replacement.
Streetlight pole replacements (35 poles).
WILLOW CREEK ESTATES SOUTH
Purchase of irrigation water from the City.
Maintenance of Irrigation system, walls, entry signage, drainage way, parks, sidewalks and streetlights, as well as weed abatement.
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Tree pruning.
Wall repair on Oak Avenue.
Tree removal/replacement.
Silberhorn Drive landscape renovation.
Turf renovation on Scholar Way.
Oak Avenue relandscape.
Irrigation controller replacements (10 controllers).
Streetlight pole replacements (six poles).
WILLOW SPRINGS
Purchase of electric power.
Maintenance of street lighting fixtures.
Planned Improvement Projects for Fiscal Year 2026/27:
No planned improvement projects.
Future Improvement Projects:
Streetlight pole replacements (four poles).
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 20
4. ESTIMATE OF COSTS AND BUDGETS
The Fiscal Year 2026/27 estimated costs of maintenance and servicing the improvements as described in the Plans and Specifications of this Engineer’s Report are summarized below. Refer to Section 7 - Budgets, for detailed budgets for each District.
District
Improvement
Costs
Current Year
Projects
Incidental
Costs
Total
Improvement
Costs
American River Canyon North $70,000.00 $0.00 $6,844.28 $76,844.28 American River Canyon North No. 2 3,500.00 0.00 4,426.60 7,926.60 American River Canyon North No. 3 208,070.00 0.00 85,259.54 293,329.54 Blue Ravine Oaks 26,700.00 0.00 1,795.10 28,495.10
Blue Ravine Oaks No. 2 22,330.00 0.00 12,919.95 35,249.95 Briggs Ranch 103,443.00 0.00 91,764.85 195,207.85
Broadstone 441,000.00 0.00 126,541.06 567,541.06
Broadstone No. 3 22,500.00 0.00 12,903.86 35,403.86
Broadstone No. 4 149,405.00 0.00 9,593.46 158,998.46 Cobble Hills II/Reflections II 48,769.00 0.00 18,195.44 66,964.44 Cobble Ridge 15,987.00 0.00 2,603.10 18,590.10
Folsom Heights 14,800.00 0.00 1,753.92 16,553.92
Folsom Heights No. 2 68,352.00 0.00 13,754.11 82,106.11 Hannaford Cross 26,337.00 0.00 65,110.15 91,447.15
Lake Natoma Shores 28,588.00 0.00 7,378.77 35,966.77 Los Cerros 53,342.00 0.00 8,574.03 61,916.03
Natoma Station 100,300.00 0.00 57,065.91 157,365.91
Natoma Valley 50,907.00 0.00 6,694.03 57,601.03
Prairie Oaks Ranch 133,000.00 0.00 3,844.92 136,844.92 Prairie Oaks Ranch No. 2 129,326.00 0.00 96,046.89 225,372.89 Prospect Ridge 27,445.00 0.00 6,591.58 34,036.58
The Residences at American River Canyon 23,656.00 0.00 4,008.98 27,664.98 The Residences at American River Canyon II 23,656.0 0 0.00 4,003.80 27,659.80 Sierra Estates 11,683.00 0.00 2,093.51 13,776.51
Silverbrook 9,731.00 0.00 2,868.37 12,599.37
Steeplechase 26,901.00 0.00 6,617.24 33,518.24
Willow Creek Estates East 24,000.00 0.00 2,362.78 26,362.78 Willow Creek Estates East No. 2 81,331.00 0.00 17,183.52 98,514.52 Willow Creek Estates South 196,443.00 0.00 42,034.76 238,477.76 Willow Springs 11,800.00 0.00 7,266.10 19,066.10
Total Improvement Costs $2,153,302.00 $0.00 $728,100.61 $2,881,402.61
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 21
5. METHOD OF APPORTIONMENT
The following section of the Engineer's Report includes an explanation of the benefits to be derived from the installation, maintenance and servicing of the improvements throughout the Districts, as well as a description of the assessment methodology used to apportion the total assessment to properties within each District.
The Districts consist of all assessor parcels within the boundaries as defined by the Assessment Diagram included with this report. Further, all assessor parcels, including all privately and publicly owned parcels, are identified by Assessor Parcel Numbers listed within the included assessment levy roll. The method used for apportioning the assessment is based on the proportional special benefits to be derived by the properties in the Districts over and above general benefits conferred on real property or to the public at large.
The apportionment of special benefit is a two-step process: the first step is to identify the types of special benefit arising from the improvements, and the second step is to allocate the assessments to property based on the estimated relative special benefit for each type of property.
Historical annual Engineer’s Reports were prepared by a different engineer of record and specific language from those historical Engineer’s Reports have been referenced to describe the Method of Apportionment within the following section of this report.
5.1 Discussion of Benefit
Assessments can only be levied based on the special benefit to property. This benefit is received by property over and above any general benefits. With reference to the requirements for assessments, Section 22573 of the Act states:
"The net amount to be assessed upon lands within an assessment district may be apportioned by any formula or method which fairly distributes the net amount among all assessable lots or parcels in proportion to the estimated benefits to be recei ved by each such lot or parcel from the improvements."
Proposition 218, as codified in Article XIII D of the California Constitution, has confirmed that assessments must be based on the special benefit to property and the assessment must not exceed the reasonable cost of the proportional benefit upon the assessed parcel:
"No assessment shall be imposed on any parcel which exceeds the reasonable cost of the proportional special benefit conferred on that parcel." The following benefit categories summarize the types of special benefit to residential, commercial, industrial and other lots and parcels resulting from the improvements to be provided with the assessment proceeds. These categories of special benefit are supported by various California legislation and supporting studies which describe the types of special benefit received by property from improvements such as those proposed by the Districts. These types of special benefit are summarized as follows:
Proximity to improved landscaped areas within each District. Access to improved landscaped areas within each District.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 22 Improved views within each District.
Extension of property’s outdoor areas and green spaces for properties within close proximity to the improvements.
Creation of individual lots for residential and commercial use that, in absence of the District and the services provided by the District, would not have been created.
The SVTA decision provides enhanced clarity to the definitions of special benefits to properties in three distinct areas: proximity, expanded or improved access, and views. The SVTA decision also clarifies that a special benefit is a service or improvement that provides a direct advantage to a parcel, and that indirect or derivative advantages resulting from the overall public benefits from a service or improvement are general benefits. The SVTA decision also provides specific guidance that park improvements are a direct advantage and special benefit to property that is proximate to a park improved by an assessment:
The characterization of a benefit may depend on whe ther the parcel receives a direct advantage from the improvement (e.g. proximity to a park) or recei ves an indirect, derivative advantage resulting fro m the overall public benefits of the improvement (e.g . general enhancement of the district’s property values).
Proximity, improved access and views, in addition to the other special benefits listed above, further strengthen the basis of these assessments.
The special benefits from the improvements are further detailed below.
PROXIMITY TO IMPROVED LANDSCAPED AREAS WITHIN THE DISTRICT Only the specific properties within close proximity to the improvements are included in each District.
Therefore, property in each District enjoys unique and valuable proximity and access to the improvements that the public at large and property outside of each District do not share.
In absence of the assessments, the improvements would not be provided and the landscaping areas within each District would be degraded due to insufficient funding for maintenance, upkeep and repair.
Therefore, the assessments provide improvements that are over and above what otherwise would be provided. Improvements that are over and above what otherwise would be provided do not by themselves translate into special benefits but when combined with the unique proximity and access enjoyed by parcels in the Districts, they provide a direct advantage and special benefit to property within each District.
ACCESS TO IMPROVED LANDSCAPED AREAS WITHIN THE DISTRICT Since the parcels in each District are the only parcels that enjoy close access to the improvements, they directly benefit from the unique close access to improved landscaping areas that are provided by the assessments. This is a direct advantage and special benefit to property in that District.
IMPROVED VIEWS WITHIN THE DISTRICT
The Districts, by maintaining these landscaped areas, provides improved views to properties in each District. The properties in a District enjoy close and unique proximity, access and views of the improvements. Therefore, the improved and protected views provided by the assessments are another direct and tangible advantage that is uniquely conferred upon the property within each District.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 23 EXTENSION OF A PROPERTY’S OUTDOOR AREAS AND GREEN SPACES FOR PROPERTIES WITHIN CLOSE
PROXIMITY TO THE IMPROVEMENTS
In large part, because it is generally cost prohibitive to provide large open land areas in development projects, the residential, commercial and other benefiting properties in each District do not have large outdoor areas and green spaces. The landscaped areas within each District provide additional outdoor areas that serve as an effective extension of the land area for properties that are in close proximity to the improvements. The improvements, therefore, provide an important, valuable and desirable extension of usable land area, which confers a direct advantage and special benefit to properties in close proximity to the improvements.
CREATION OF INDIVIDUAL LOTS FOR RESIDENTIAL AND COMMERCIAL USE THAT, IN ABSENCE OF THE
ASSESSMENTS, WOULD NOT HAVE BEEN CREATED
Typically, the original owner/developer of the property within the Districts can petition the City to establish the assessment districts. As parcels were sold, new owners were informed of the assessments through the title reports, and in some cases, through the Department of Real Estate “White Paper” reports that the parcels were subject to assessment. The purchase of property was also an “agreement” to pay the assessment. In absence of the assessments, the lots within the Districts would probably not have been subdivided and created. These lots, and the improvements they support, are a special benefit to the property owners.
5.2 General versus Special Benefit
The assessments from the Districts are used to fund improvements and increased levels of maintenance to the grounds adjoining the properties in the Districts. In absence of those Districts, such improvements would not be provided and the properties would not have been subdivided and improved to the same extent. The Districts were specifically proposed for formation to provide additional and improved improvements, and services in the Districts. In absence of the assessments, these public resources could not be created and revenues would not be available for their continued maintenance and improvement.
Therefore, the assessments solely provide special benefit to property in the Districts over and above the general benefits conferred by the general facilities of the City.
Although these improvements may be available to the general public at large because the Districts are accessible by members of the public, the improvements within each District were specifically designed, located and created to provide additional and improved public resources for property inside the Districts, and not the public at large. Other properties that are either outside the Districts or within the Districts and not assessed, do not enjoy the unique proximity, access, views and other special benefit factors described previously. These improvements are of special benefit to properties located within the Districts because they provide a direct advantage to properties in the Districts that would not be provided in absence of the assessments.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 24
5.3 Quantification of General Benefit
Although the analysis used to support these assessments concludes that the benefits are solely special, as described above, consideration is made for the suggestion that a portion of the benefits are general.
General benefits cannot be funded by District assessments and the funding must come from other sources.
The maintenance and servicing of the improvements is also partially funded, directly and indirectly from other sources including the City, the County of Sacramento and the State of California. This funding comes in the form of grants, development fees, special programs, and general funds, as well as direct maintenance and servicing of facilities (e.g. curbs, gutters, streets, drainage systems, and other infrastructure maintenance items such as pond clean outs and street sweeping, etc.). This funding from other sources more than compensates for general benefits, if any, received by the properties within the Districts.
STEP 1: CALCULATION OF THE GENERAL BENEFIT
The general benefits from the assessment may be quantified as illustrated in the following table.
Calculation of General Benefit (1)
Benefit Factor Relative Weight
General Benefit
Contribution
Relative General
Benefit
Creation of parcels 90 0% 0.0
Multi-Family Residential 5 10% 0.5
Commercial 5 20% 1.0
100 1.5
Total Calculated General Benefit 1.5%
(1) Per the historical Engineer’s Report.
As a result, the City will contribute at least 1.5% of the total budget from sources other than the assessment. The contribution offsets any general benefits from the assessment services.
STEP 2: CALCULATION OF CURRENT GENERAL BENEFIT CONTRIBUTION FROM CITY Pursuant to the prior Engineer’s Report, the overall general benefit contribution is the sum of the following components:
The City owns, maintains, rehabilitates and replaces curb and gutter along the border of the Districts improvements. This curb and gutter maintenance serves to support, contain, retain, manage irrigation flow and growth, and provide a boundary for the improvements. The contribution from the City toward general benefit from the maintenance, rehabilitation and replacement of the curb gutter is conservatively estimated to be 1%.
The City owns and maintains storm drainage systems along the border of the Districts improvements. This system serves to prevent flooding and associated damage to the improvements, and manage urban runoff, including local pollutants loading from the improvements. The contribution from the City towards general benefit from the maintenance, and operation of the local storm drainage systems is conservatively estimated to be 1%.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 25 The City owns and maintains local public streets along the border of the Districts improvements. These public streets provide access to the improvements for its enjoyment as well as efficient maintenance. The contribution from the City towards general benefit from the maintenance of local public streets is conservatively estimated to contribute 1%.
The improvements were constructed by the original owner/developer(s) as a condition of development.
The value of the construction of the improvements can be quantified and monetized as an annuity. Since this construction was performed and paid by non-assessment funds, this “annuity” can be used to offset general benefit costs and is conservatively estimated to contribute 25%.
Therefore, the total general benefit that is conservatively quantified at 1.5% is more than offset by the total non-assessment contribution towards general benefit of 28%.
5.4 Method of Apportionment
The second step in apportioning assessments is to determine the relative special benefit for each property.
This process involves determining the relative benefit received by each property in relation to a single family home, or, in other words, on the basis of Single Family Equivalents (SFE). This SFE methodology is commonly used to distribute assessments in proportion to estimated special benefit and is generally recognized as providing the basis for a fair and appropriate distribution of assessments. For the purposes of this Engineer’s Report, all properties are assigned a SFE value, which is each property’s relative benefit in relation to a single family home on one parcel. In this case, the "benchmark" property is the single family detached dwelling which is assigned one SFE.
5.5 Assessment Apportionment
The improved properties within the Districts consist primarily of single family, multi-family, commercial and non-assessed parcels, with the vast majority being single family parcels. Since all single family parcels in the Districts are deemed to have good proximity to the improvements, such single family properties receive similar benefit from the proposed improvements and are assigned 1.0 SFE unit. The special benefit assignment for other types of properties is further defined as follows.
Many of the Districts contain only single family residences and non-assessed properties such as parks and green spaces. These Districts are:
District Residential Lots
American River Canyon North 1,022
American River Canyon North No. 2 160
American River Canyon North No. 3 (1) 1,022
Blue Ravine Oaks 165
Blue Ravine Oaks II 165
Cobble Hills Ridge II/ Reflections II 389
Cobble Ridge 98
Folsom Heights 308
Folsom Heights No. 2 308
Hannaford Cross 103
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 26 District Residential Lots
Lake Natoma Shores 113
Los Cerros 337
Natoma Valley 79
Prospect Ridge 35
Sierra Estates 25
Steeplechase 154
The Residences at American River Canyon 17
The Residences at American River Canyon II 10
Willow Creek East 747
Willow Creek East No. 2 (2) 747
Willow Springs 517
(1) See the American River Canyon No. 3 section below fo r further information on zones of benefit.
(2) See the Willow Creek East No. 2 section below for f urther information on zones of benefit.
Single family residential properties in the aforementioned Districts are assigned 1.0 SFE per parcel and condominiums are assigned 0.67 SFEs per residential unit. District properties are assessed per the original formation documents, per the table below:
Description SFEs
Single Family Parcel (per parcel) 1.0000
Condominium (1) (per unit) 0.6700
Non Assessed (e.g. open space, park land, etc.) 0.0 000 (1) In 2006/07, a general case SFE rate was established for condominiums in Districts in which the original Engineer’s Report did not anticipate condominium development. The rate is 0.67 SFEs per residential unit.
AMERICAN RIVER CANYON NORTH NO. 3
There are 1,022 residential lots in American River Canyon North No. 3. Each assessable parcel receives a special and direct benefit from the improvements in the District. Since the District is comprised of residential single family improved properties and all properties have good proximity to the improvements, all assessable parcels are estimated to benefit equally from the improvements associated with American River Canyon North No. 3, and the costs associated with the improvements are apportioned equally to all parcels on the basis of current or proposed dwelling units. Each parcel is assigned SFE units relative to the number of current or proposed dwelling units on the parcel.
There are three Zones of Benefit within American River Canyon North District No. 3. In Zone A each single family parcel is assigned 1.00 SFE, in Zone B, each single family parcel is assigned 0.83 SFE, and in Zone C each single family parcel is assigned 0.50 SFE. Properties in Zone B and Zone C receive lower benefit units because they currently pay for common open space areas within their zone. In 2007, when the American River Canyon North District No. 3 was formed, an analysis of the associated landscaping improvements was performed to determine the relative benefit to each zone from this new assessment. It was estimated that
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 27 Zone B receives 83% of the special benefit, and Zone C receives 50% of the special benefit. Therefore, the SFE units for Zone B and Zone C have been adjusted accordingly. American River Canyon North District No. 3 properties are assessed per the table below:
American River Canyon No. 3
Description SFEs
Zone A – Original American River Canyon North Area (per parcel) 1.0000 Zone B – Canyon Falls Village Area (per parcel) 0.8300 Zone C – American River Canyon North No. 2 Area (per parcel) 0.5000 Non Assessed (e.g. open space, park land, etc.) 0.0 000
BRIGGS RANCH
There are 642 residential lots and each residential lot is assigned 1.00 SFE. Non-residential parcels within Briggs Ranch (APNs: 071-1190-007, -008, -010, -012, -013, and -014) are assigned 2.20 SFEs per acre, per the original formation documents. Briggs Ranch properties are assessed per the table below:
Briggs Ranch
Description SFEs
Single Family Parcel (per parcel) 1.0000
Non-Residential Parcel (per acre) 2.2000
Non Assessed (e.g. open space, park land etc.) 0.00 00
BROADSTONE
According to the Method of Spread in Broadstone’s original formation documents, there were 895.301 original acres in Broadstone. Of this original acreage, 416.145 acres subdivided into 1,530 single family residential lots (average of 4.2 lots per acre) and 479.156 acres divided into multi-family and commercial lots. The multi-family parcels are designated into two development areas; Bentley Square West and Bentley Square East. Bentley Square West (APNs 072-1070-002-0000 through APN 072-1070-100-0000) includes 99 units and Bentley Square East (APNs 072-1610-001-0000 through APN 072-1610-053-0000) includes 53 units. The 152 Bentley Square units are each assigned 0.096 SFEs per unit. Due to the small lot density being consistent with the multi-family land use designation, the Vessona and Halidon developments are considered condominiums. These projects are consistent with both the Multi-Family Low Density General Plan Land Use Designation and the Multi-Family zoning of the project site. Parcels within the Vessona and Halidon developments are assigned 0.67 SFEs per unit.
There are 1,530 single family residential lots and each residential lot is assigned 1.00 SFE. Developed non- single family parcels within Broadstone are assigned 2.10 SFEs per acre, unrecorded single family residential lots are assigned 0.65 SFEs per parcel, and undeveloped non-single family residential parcels are assigned 0.704 SFEs per acre. Broadstone properties are assessed per the original formation documents, per the table below:
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 28 Broadstone
Description SFEs
Single Family Parcel (per parcel) 1.0000
Unrecorded Single Family Parcel (per parcel) 0.6500
Bentley Square Multi-Family Parcel (per parcel) 0.0960
Vessona and Halidon Condominium (per unit) 0.6700
Developed Non-Single Family Parcel (per acre) 2.100 0
Undeveloped Non-Single Family Parcel (per acre) 0.7 040 Non Assessed (e.g. open space, park land etc.) 0.00 00
BROADSTONE NO. 3
According to the Method of Spread in Broadstone No. 3’s original formation documents there were 559.36 acres in Broadstone No. 3. Of this acreage, 325.00 acres are single family residential lots (average of 2.034 lots per acre), 207.43 acres are industrial, commercial and other uses, and 26.93 acres are non-assessed for use as parks, open space, etc.
There are 548 single family residential lots and each residential lot is assigned 1.00 SFE. Developed non- single family parcels within Broadstone No. 3 are assigned 2.034 SFEs per acre, unrecorded single family residential lots are assigned 0.326 SFEs per parcel, and undeveloped non-single family residential parcels are assigned 0.663 SFEs per acre. Broadstone No. 3 properties are assessed per the original formation documents, per the table below:
Broadstone No. 3
Description SFEs
Single Family Parcel (per parcel) 1.0000
Unrecorded Single Family Parcel (per parcel) 0.3260
Developed Non-Single Family Parcel (per acre) 2.034 0
Undeveloped Non-Single Family Parcel (per acre) 0.6 630 Non Assessed (e.g. open space, park land etc.) 0.00 00
BROADSTONE NO. 4
Residential
Certain residential properties in Broadstone No. 4 that contain a single residential dwelling unit are assigned one 1.00 SFE. Detached or attached houses, zero-lot line houses and town homes are included in this category of single family residential property. If there is more than one single family detached dwelling on a parcel, it will be charged 1.00 SFE per single family detached dwelling.
Properties with more than one residential unit (other than parcels with more than one detached single family dwelling as described above) are designated as multi-family residential properties. These properties benefit from the improvements in proportion to the number of dwelling units that occupy each property, the average number of people who reside in multi-family residential units versus the average number of people who reside in a single family home and the relative size of each type of residential dwelling unit.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 29 The population density factors for the area in Sacramento County encompassing Broadstone No. 4, as depicted in the following table, provide the basis for determining the SFE factors for residential properties.
Using the total population in a certain property type in the area from the 2010 Census and dividing it by the total number of such households, finds that approximately 2.91 persons occupy each single family residence, whereas an average of 2.12 persons occupy each condominium. The ratio of 2.91 people on average for a single family residence and 2.12 people per dwelling unit in a condominium unit results in a population density equivalent of 0.73 for condominiums. Next, the relative building areas are factored into the analysis because special benefits are related to the average size of a property, in addition to average population densities. For a condominium, this calculation results in an SFE factor of 0.40 per dwelling unit.
A similar calculation is used for the SFE assignments for other residential property types. Broadstone No. 4 residential properties are assessed per the original formation documents, per the table below:
Broadstone No. 4 Residential Density and Assessment Factors Type of Residential Property
Pop. Density
Equivalent
SqFt
Factor
SFE
Factor
Single Family Residential 1.00 1.00 1.0000
Condominium 0.73 0.55 0.4000
Duplex, Triplex, Fourplex 0.64 0.42 0.2700
Multi-Family Residential (5+ Units) (1) 0.64 0.34 0.2200 Mobile Home on Separate Lot 0.45 0.45 0.2000
(1) Properties in excess of 20 units are assessed 0.22 SFEs per unit for the first 20 units and 0.10 SFEs per each additional unit in excess of 20 units.
Commercial/Industrial
SFE values for commercial and industrial land uses are based on the equivalence of special benefit on a land area basis between single family residential property and the average commercial/industrial property.
The SFE values for various commercial and industrial land uses are further defined by using average employee densities because the special benefit factors described previously can be measured by the average number of people who work at commercial/industrial properties.
In order to determine employee density factors, the findings from the San Diego Association of Governments Traffic Generators Study (SANDAG Study) are used because these findings were approved by the State Legislature as being a good representation of the average number of employees per acre of land area for commercial and industrial properties. As determined by the SANDAG Study, the average number of employees per acre for commercial and industrial property is 24. In comparison, the average number of people residing in a single family home in the area is 2.91. Since the average lot size for a single family home in Broadstone No. 4 is approximately 0.20 acres, the average number of residents per acre of residential property is 14.55.
The employee density per acre is generally 1.65 times the population density of single family residential property per acre (24 employees per acre / 14.55 residents per acre). Therefore, the average employee density can be used as the basis for allocating benefit to commercial/ industrial property since a commercial/industrial property with 4.8 employees receives generally similar special benefit to a residential property with 1 resident. This factor of equivalence of benefit between 1 resident to 4.8
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 30 employees is the basis for allocating commercial/industrial benefit. The table below shows the average employees per acre of land area or portion thereof for commercial and industrial properties and lists the relative SFE factors per quarter acre for properties in each land use category.
Commercial and industrial properties in excess of 5 acres generally involve uses that are more land intensive relative to building areas and number of employees (lower coverage ratios). As a result, the benefit factors for commercial and industrial property land area in excess of 5 acres is determined to be the SFE rate per quarter acre for the first 5 acres and the relevant SFE rate per each additional acre over 5 acres. Institutional properties that are used for residential, commercial or industrial purposes are also assessed at the appropriate residential, commercial or industrial rate. Broadstone No. 4 non-residential properties are assessed per the original formation documents, per the table below:
Broadstone No. 4 Commercial/Industrial Density and Assessment Factors Type of Commercial/Industrial
Property
Average
Employees
Per Acre
SFE Units
Per
Quarter Acre (1)
SFE Units
Per
Acre After 5
Commercial 24 0.500 0.5000
Office 68 1.420 1.4200
Shopping Center 24 0.500 0.5000
Self-Storage or Parking Lot 1 0.021 N/A
Golf Course 0.80 0.033 N/A
Cemeteries 0.10 0.004 N/A
Agriculture 0.05 .0002 N/A
(1) The SFE factors are applied by the quarter acre of land area or portion thereof. Therefore, the minimum assessment for any assessable parcel in these categories is the SFE units listed above.
Undeveloped/Vacant
The benefit to undeveloped properties is determined to be proportional to the corresponding benefits for similar type developed properties, but at a lower rate due to the lack of improvements on the property. A measure of the benefits accruing to the underlying land is the average value of land in relation to Improvements for developed property. An analysis of the assessed valuation data from the County of Sacramento found that approximately 25% of the assessed value of improved properties is classified as the land value. It is reasonable to assume, therefore, that approximately 25% of the benefits are related to the underlying land and 75% are related to the improvements and the day-to-day use of the property. Using this ratio, the SFE factor for vacant/undeveloped parcels is 0.25 per parcel.
Other
Article XIIID stipulates that publicly owned properties must be assessed unless there is clear and convincing evidence that those properties receive no special benefit from the assessment. All properties that are specially benefited are assessed. Other publicly owned property that is used for purposes similar to private residential, commercial, industrial or institutional uses is benefited and assessed at the same rate as such privately owned property.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 31 Miscellaneous, public right-of-way parcels, well, reservoir or other water rights parcels, limited access open space parcels, watershed parcels and common area parcels typically do not generate employees, residents, customers or guests. Moreover, many of these parcels have limited economic value and, therefore, do not benefit from specific enhancement of property value. Such parcels are, therefore, not specially benefited and are not assessed.
Other property land uses in Broadstone No. 4 are assessed per the original formation documents, per the table below:
Broadstone No. 4 Other Property Assessment Factors
Description SFEs
Undeveloped/Vacant Parcel (per parcel) 0.2500
Non Assessed (e.g. open space, park land etc.) 0.00 00
Zones of Benefit
In 2015, when Broadstone No. 4 was formed, an analysis was performed of the associated lighting and landscaping improvements to determine the relative benefit to each zone from this new assessment. As a result, four Zones of Benefit were created within Broadstone No. 4. Parcels in Zone B are determined to receive 95.25% of the level of special benefit of those within Zone A, parcels in Zone C are determined to receive 93.87% of the level of special benefit of those within Zone A, and parcels in Zone D are determined to receive 92.23% of the level of special benefit of those within Zone A.
NATOMA STATION
There are 1,272 single family residential lots within Natoma Station and each residential lot is assigned 1.0 SFE. Condominium parcels are assigned 0.67 SFEs per unit, multi-family parcels are assigned 3.2337 SFEs per acre, commercial properties located outside of Lot X are assigned 4.2487 SFEs per acre, commercial properties within Lot X are assigned 0.6299 SFEs per parcel. Natoma Station properties are assessed per the original formation documents, per the table below:
Natoma Station
Description SFEs
Single Family Parcel (per parcel) 1.0000
Condominium Parcel (per unit) 0.6700
Multi-Family Parcel (per acre) 3.2337
Commercial Parcel Excluding Lot X (per acre) 4.248 7
Lot X Commercial Parcel (1) 0.6299
Non Assessed (e.g. open space, park land etc.) 0.00 00
(1) Includes APNs: 072-0840-045, -047 and a portion of -057.
PRAIRIE OAKS RANCH
There are 856 single family residential lots within Prairie Oaks Ranch and each residential lot is assigned 1.0 SFE. The one multi-family property is assigned 57.0 SFEs and the school site is assigned 5.63 SFEs to pay for
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 32 the cost of maintaining the school sites’ frontage. Prairie Oaks Ranch properties are assessed per the original formation documents, per the table below:
Prairie Oaks Ranch
Description SFEs
Single Family Parcel (per parcel) 1.0000
Multi-Family Parcel (per parcel) 57.0000
School Site Parcel (per parcel) 5.6300
Non Assessed (e.g. open space, park land etc.) 0.00 00
PRAIRIE OAKS RANCH NO. 2
Residential
Certain residential properties in Prairie Oaks Ranch No. 2 that contain a single residential dwelling unit are assigned 1.0 SFE. Detached or attached houses, zero-lot line houses and town homes are included in this category of single-family residential property. If there is more than one single-family detached dwelling on a parcel, it will be charged 1.0 SFE per single-family detached dwelling.
Properties with more than one residential unit (other than parcels with more than one detached single- family dwelling as described above) are designated as multi-family residential properties. These properties benefit from the improvements in proportion to the number of dwelling units that occupy each property, the average number of people who reside in multi-family residential units versus the average number of people who reside in a single-family home and the relative size of each type of residential dwelling unit.
The population density factors for the area in Sacramento County encompassing Prairie Oaks Ranch No. 2, as depicted in the following table, provide the basis for determining the SFE factors for residential properties. Using the total population in a certain property type in the area from the 2019 ACS 5 Year estimate and dividing it by the total number of such households, finds that approximately 2.66 persons occupy each single-family residence, whereas an average of 1.94 persons occupy each condominium. The ratio of 2.66 people on average for a single-family residence and 1.94 people per dwelling unit in a condominium unit results in a population density equivalent of 0.73 for condominiums. Next, the relative building areas are factored into the analysis because special benefits are related to the average size of a property, in addition to average population densities. For a condominium, this calculation results in an SFE factor of 0.42 per dwelling unit. Should ADUs be developed within Prairie Oaks Ranch No. 2, the assessment would be 1 SFE for the primary SFR and 0.42 for the ADU. A similar calculation is used for the SFE Rates for other residential property types. Prairie Oaks Ranch No. 2 residential properties are assessed per the original formation documents, per the table below:
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 33 Prairie Oaks Ranch No. 2 Residential Density and Assessment Factors Type of Residential Property
Pop. Density
Equivalent
SqFt
Factor
SFE
Factor
Single Family Residential 1.00 1.00 1.0000
Condominium 0.73 0.58 0.4200
Duplex, Triplex, Fourplex 0.77 0.42 0.3200
Multi-Family Residential (5+ Units) (1) 0.72 0.30 0.2200 Mobile Home on Separate Lot 0.58 0.43 0.2500
(1) Properties in excess of 20 units are assessed 0.22 SFEs per unit for the first 20 units and 0.10 SFEs per each additional unit in excess of 20 units.
Commercial/Industrial
SFE values for commercial and industrial land uses are based on the equivalence of special benefit on a land area basis between single-family residential property and the average commercial/industrial property.
The SFE values for various commercial and industrial land uses are further defined by using average employee densities because the special benefit factors described previously can be measured by the average number of people who work at commercial/industrial properties.
In order to determine employee density factors, the findings from the San Diego Association of Governments Traffic Generators Study (SANDAG Study) are used because these findings were approved by the State Legislature as being a good representation of the average number of employees per acre of land area for commercial and industrial properties. As determined by the SANDAG Study, the average number of employees per acre for commercial and industrial property is 24. In comparison, Census data shows that the average number of people residing in a single family home in the area is 2.66. Since the average lot size for a single-family home in Prairie Oaks Ranch No. 2 is approximately 0.20 acres, the average number of residents per acre of residential property is 13.30.
The employee density per acre is generally 1.80 times the population density of single-family residential property per acre (24 employees per acre / 13.30 residents per acre). Therefore, the average employee density can be used as the basis for allocating benefit to commercial or industrial property since a commercial/industrial property with 4.8 employees receives generally similar special benefit to a residential property with 1 resident. This factor of equivalence of benefit between 1 resident to 4.8 employees is the basis for allocating commercial/industrial benefit. The table below shows the average employees per acre of land area or portion thereof for commercial and industrial properties and lists the relative SFE factors per quarter acre for properties in each land use category.
Commercial and industrial properties in excess of 5 acres generally involve uses that are more land intensive relative to building areas and number of employees (lower coverage ratios). As a result, the benefit factors for commercial and industrial property land area in excess of 5 acres is determined to be the SFE rate per quarter acre for the first 5 acres and the relevant SFE rate per each additional acre over 5 acres. Institutional properties that are used for residential, commercial or industrial purposes are also assessed at the appropriate residential, commercial or industrial rate. Prairie Oaks Ranch No. 2 non- residential properties are assessed per the original formation documents, per the table below:
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 34 Prairie Oaks Ranch No. 2 Commercial/Industrial Density and Assessment Factors Type of Commercial/Industrial
Property
Average
Employees
Per Acre
SFE Units
Per
Quarter Acre (1)
SFE Units
Per
Acre After 5
Commercial 24 0.500 0.5000
Office 68 1.420 1.4200
Shopping Center 24 0.500 0.5000
Self-Storage or Parking Lot 1 0.021 N/A
Golf Course 0.80 0.033 N/A
Cemeteries 0.10 0.004 N/A
Agriculture 0.05 0.002 N/A
(1) The SFE factors are applied by the quarter acre of land area or portion thereof. Therefore, the minimum assessment for any assessable parcel in these categories is the SFE units listed above.
Undeveloped/Vacant
The benefit to undeveloped properties is determined to be proportional to the corresponding benefits for similar type developed properties, but at a lower rate due to the lack of improvements on the property. A measure of the benefits accruing to the underlying land is the average value of land in relation to Improvements for developed property. An analysis of the assessed valuation data from the County of Sacramento found that approximately 25% of the assessed value of improved properties is classified as the land value. It is reasonable to assume, therefore, that approximately 25% of the benefits are related to the underlying land and 75% are related to the improvements and the day-to-day use of the property. Using this ratio, the SFE factor for vacant/undeveloped parcels is 0.25 per parcel.
Other
Article XIIID stipulates that publicly owned properties must be assessed unless there is clear and convincing evidence that those properties receive no special benefit from the assessment. All properties that are specially benefited are assessed. Other publicly owned property that is used for purposes similar to private residential, commercial, industrial or institutional uses is benefited and assessed at the same rate as such privately owned property.
Miscellaneous, public right-of-way parcels, well, reservoir or other water rights parcels, limited access open space parcels, watershed parcels and common area parcels typically do not generate employees, residents, customers or guests. Moreover, many of these parcels have limited economic value and, therefore, do not benefit from specific enhancement of property value. Such parcels are, therefore, not specially benefited and are not assessed.
Other property land uses in Prairie Oaks No. 2 are assessed per the original formation documents, per the table below:
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 35 Prairie Oaks Ranch No. 2 Other Property Assessment Factors Description SFEs
Undeveloped/Vacant Parcel (per parcel) 0.2500
Non Assessed (e.g. open space, park land etc.) 0.00 00
SILVERBROOK
The non-residential properties in Silverbrook are assigned 1.0 SFE per acre and the remaining 273 single family residential lots within Silverbrook are assigned 0.1259 SFEs per residential lot. Silverbrook properties are assessed per the original formation documents, per the table below:
Silverbrook
Description SFEs
Non-Residential Parcel (per acre) 1.0000
Single Family Parcel (per parcel) (1) 0.1259
Non Assessed (e.g. open space, park land etc.) 0.00 00
(1) Based on 34.39 acres that developed into 273 single family parcels.
WILLOW CREEK ESTATES EAST NO. 2
Residential
Certain residential properties in Willow Creek Estates East No. 2 that contain a single residential dwelling unit are assigned 1.0 SFE. Detached or attached houses, zero-lot line houses and town homes are included in this category of single-family residential property. If there is more than one single-family detached dwelling on a parcel, it will be charged 1.0 SFE per single-family detached dwelling.
Properties with more than one residential unit (other than parcels with more than one detached single- family dwelling as described above) are designated as multi-family residential properties. These properties benefit from the improvements in proportion to the number of dwelling units that occupy each property, the average number of people who reside in multi-family residential units versus the average number of people who reside in a single-family home and the relative size of each type of residential dwelling unit.
The population density factors for the area in Sacramento County encompassing Willow Creek Estates East No. 2, as depicted in the following table, provide the basis for determining the SFE factors for residential properties. Using the total population in a certain property type in the area from the 2010 Census and dividing it by the total number of such households, finds that approximately 2.91 persons occupy each single-family residence, whereas an average of 2.12 persons occupy each condominium. The ratio of 2.91 people on average for a single-family residence and 2.12 people per dwelling unit in a condominium unit results in a population density equivalent of 0.73 for condominiums. Next, the relative building areas are factored into the analysis because special benefits are related to the average size of a property, in addition to average population densities. For a condominium, this calculation results in an SFE factor of 0.40 per dwelling unit. A similar calculation is used for the SFE Rates for other residential property types. Willow Creek Estates East No. 2 residential properties are assessed per the original formation documents, per the table below:
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 36 Willow Creek Estates East No. 2 Residential Density and Assessment Factors Type of Residential Property
Pop. Density
Equivalent
SqFt
Factor
SFE
Factor
Single Family Residential 1.00 1.00 1.0000
Condominium 0.73 0.55 0.4000
Duplex, Triplex, Fourplex 0.64 0.42 0.2700
Multi-Family Residential (5+ Units) (1) 0.64 0.34 0.2200 Mobile Home on Separate Lot 0.45 0.45 0.2000
(1) Properties in excess of 20 units are assessed 0.22 SFEs per unit for the first 20 units and 0.10 SFEs per each additional unit in excess of 20 units.
Commercial/Industrial
SFE values for commercial and industrial land uses are based on the equivalence of special benefit on a land area basis between single-family residential property and the average commercial/industrial property.
The SFE values for various commercial and industrial land uses are further defined by using average employee densities because the special benefit factors described previously can be measured by the average number of people who work at commercial/industrial properties.
In order to determine employee density factors, the findings from the San Diego Association of Governments Traffic Generators Study (SANDAG Study) are used because these findings were approved by the State Legislature as being a good representation of the average number of employees per acre of land area for commercial and industrial properties. As determined by the SANDAG Study, the average number of employees per acre for commercial and industrial property is 24. In comparison, Census data shows that the average number of people residing in a single family home in the area is 2.91 Since the average lot size for a single-family home in Prospect Ridge is approximately 0.20 acres, the average number of residents per acre of residential property is 14.55.
The employee density per acre is generally 1.65 times the population density of single-family residential property per acre (24 employees per acre / 14.55 residents per acre). Therefore, the average employee density can be used as the basis for allocating benefit to commercial or industrial property since a commercial/industrial property with 4.8 employees receives generally similar special benefit to a residential property with 1 resident. This factor of equivalence of benefit between 1 resident to 4.8 employees is the basis for allocating commercial/industrial benefit. The table below shows the average employees per acre of land area or portion thereof for commercial and industrial properties and lists the relative SFE factors per quarter acre for properties in each land use category.
Commercial and industrial properties in excess of 5 acres generally involve uses that are more land intensive relative to building areas and number of employees (lower coverage ratios). As a result, the benefit factors for commercial and industrial property land area in excess of 5 acres is determined to be the SFE rate per quarter acre for the first 5 acres and the relevant SFE rate per each additional acre over 5 acres. Institutional properties that are used for residential, commercial or industrial purposes are also assessed at the appropriate residential, commercial or industrial rate. Willow Creek Estates East No. 2 non- residential properties are assessed per the original formation documents, per the table below:
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 37 Willow Creek Estates East No. 2 Commercial/Industrial Density and Assessment Factors Type of
Commercial/Industrial Property
Average
Employees
Per Acre
SFE Units
Per
Quarter Acre (1)
SFE Units
Per
Acre After 5
Commercial 24 0.500 0.5000
Office 68 1.420 1.4200
Shopping Center 24 0.500 0.5000
Self-Storage or Parking Lot 1 0.021 N/A
Golf Course 0.80 0.033 N/A
Cemeteries 0.10 0.004 N/A
Agriculture 0.05 0.002 N/A
(1) The SFE factors are applied by the quarter acre of land area or portion thereof. Therefore, the minimum assessment for any assessable parcel in the se categories is the SFE units listed above.
Undeveloped/Vacant
The benefit to undeveloped properties is determined to be proportional to the corresponding benefits for similar type developed properties, but at a lower rate due to the lack of improvements on the property. A measure of the benefits accruing to the underlying land is the average value of land in relation to Improvements for developed property. An analysis of the assessed valuation data from the County of Sacramento found that approximately 25% of the assessed value of improved properties is classified as the land value. It is reasonable to assume, therefore, that approximately 25% of the benefits are related to the underlying land and 75% are related to the improvements and the day-to-day use of the property. Using this ratio, the SFE factor for vacant/undeveloped parcels is 0.25 per parcel.
Other
Article XIIID stipulates that publicly owned properties must be assessed unless there is clear and convincing evidence that those properties receive no special benefit from the assessment. All properties that are specially benefited are assessed. Other publicly owned property that is used for purposes similar to private residential, commercial, industrial or institutional uses is benefited and assessed at the same rate as such privately owned property.
Miscellaneous, public right-of-way parcels, well, reservoir or other water rights parcels, limited access open space parcels, watershed parcels and common area parcels typically do not generate employees, residents, customers or guests. Moreover, many of these parcels have limited economic value and, therefore, do not benefit from specific enhancement of property value. Such parcels are, therefore, not specially benefited and are not assessed.
Other property land uses in Willow Creek Estates East No. 2 are assessed per the original formation documents, per the table below:
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 38 Willow Creek Estates East No. 2 Other Property Assessment Factors Description SFEs
Undeveloped/Vacant Parcel (per parcel) 0.2500
Non Assessed (e.g. open space, park land etc.) 0.00 00
Zones of Benefit
As part of the engineering work for this assessment, an analysis was conducted on the relationship (including proximity, level of service, etc.), between properties and the primary improvements located throughout Willow Creek Estates East No. 2. Parcels in Zone A (on Garrett Drive, Ferrera Drive and Whitmer Drive) receive direct special benefit from the proximate landscaping and trees adjacent to the properties as well as less proximate streetlighting. Parcels in Zone B receive direct special benefit from the proximate streetlighting as well as landscaping particularly along the street entrances into the neighborhood. Parcels in Zone C receive direct special benefit from the proximate streetlighting but less benefit from the landscaping because they are less proximate to the landscaped areas.
Thus, three zones (A, B, and C) were created. Parcels in Zone A are determined to receive same level of the level of special benefit of those within Zone B and parcels in Zone C are determined to receive 91.92% of the level of special benefit of those within Zone A and Zone B.
WILLOW CREEK ESTATES SOUTH
There are 1,101 single family residential lots within Willow Creek Estates South’s Villages 1, 2, 3 (lots 1-40 and 94-154), 4 through 7, and 9A and each residential lot is assigned 1.0 SFE. There are 243 single family residential lots in Villages 8, 9b and 9c and each residential lot is assigned 1.086 SFEs. There are 64 single family residential lots in Village 3 (lots 41-93 and 155-165) and each one is assigned 1.256 SFEs.
Additionally, there are 13 Lexington Business Park parcels assigned 0.618 SFEs per parcel and three Lexington Square parcels assigned 2.4710 SFEs per parcel. Willow Creek Estates South properties are assessed per the original formation documents, per the table below:
Willow Creek Estates South
Description SFEs
Single Family Parcel Village s 1, 2, 3 ( Lots 1 -40 and 94 -154 ), 4 through 7, and 9A (per parcel) 1.0000
Single Family Parcel Villages 8, 9b and 9c (per parcel) 1.0860 Single Family Parcel Village 3 (lots 41-93 and 155-165) (per parcel) 1.2560 Lexington Business Park Parcel (per parcel) 0.6180
Lexington Square Parcel (per parcel) 2.4710
Non Assessed (e.g. open space, park land, etc.) 0.0 000
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 39
FIELDSTONE MEADOWS
On April 9, 2013 by Resolution No. 9137, the Fieldstone Meadows Landscaping and Lighting District was dissolved. The City will no longer be responsible for maintaining the improvements nor providing services within the Fieldstone Meadows Landscaping and Lighting District.
5.6 Maximum Assessment Increase
Annually, the maximum assessment rates for Broadstone No. 3 and Cobble Ridge are subject to an annual adjustment tied to the Consumer Price Index for the San Francisco Bay Area as of December of each succeeding year, with no maximum annual adjustment.
The maximum assessment rates for Natoma Valley, Prospect Ridge, Sierra Estates, The Residences at American River Canyon, The Residences at American River Canyon II, and Willow Creek Estates East No. 2 are subject to an annual adjustment tied to the Consumer Price Index for the San Francisco Bay Area as of December of each succeeding year, with a maximum annual adjustment not to exceed 4%.
The maximum assessment rates for American River Canyon North No. 3, Blue Ravine Oaks No. 2, Broadstone No. 4, Folsom Heights No. 2, and Prairie Oaks Ranch No. 2 are subject to an annual adjustment tied to the Consumer Price Index for the San Francisco Bay Area as of December of each succeeding year, with a maximum annual adjustment not to exceed 3%.
Any change in the Consumer Price Index in excess of the maximum annual assessment increase shall be cumulatively reserved as the “Unused CPI” and shall be used to increase the maximum authorized assessment rate in years in which the CPI is less than 4% for Natoma Valley, Prospect Ridge, Sierra Estates, The Residences at American River Canyon, The Residences at American River Canyon II, and Willow Creek Estates East No. 2. The “Unused CPI” shall be used to increase the maximum authorized assessment rate in years in which the CPI is less than 3% for American River Canyon North No. 3, Blue Ravine Oaks No. 2, Broadstone No. 4, Folsom Heights No. 2, and Prairie Oaks Ranch No. 2.
5.7 Fiscal Year 2026/27 Maximum Assessment
The Fiscal Year 2026/27 maximum authorized and proposed assessment rates are shown below.
District
FY 202 6/2 7
Maximum
Authorized Rate
FY 2026/27
Proposed Rate
Maximum
Assessment
Inflator
American River Canyon North $102.94 $102.94 No Inflator American River Canyon North No. 2 77.70 77.70 No Inflator American River Canyon North No. 3 332.02 332.02 CPI NTE 3% Blue Ravine Oaks 218.60 218.60 No Inflator
Blue Ravine Oaks No. 2 117.69 117.69 CPI NTE 3%
Briggs Ranch 122.28 122.28 No Inflator
Broadstone 164.99 164.99 No Inflator
Broadstone No. 3 44.21 44.21 CPI
Broadstone No. 4-Zone A 44.99 44.99 CPI NTE 3%
Broadstone No. 4-Zone B 42.85 42.85 CPI NTE 3%
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 40 District
FY 202 6/2 7
Maximum
Authorized Rate
FY 2026/27
Proposed Rate
Maximum
Assessment
Inflator
Broadstone No. 4-Zone C 42.23 42.23 CPI NTE 3%
Broadstone No. 4-Zone D 41.43 41.43 CPI NTE 3%
Cobble Hills II/Reflections II 113.14 113.14 No Inflator Cobble Ridge 271.96 94.85 CPI
Folsom Heights 70.88 70.88 No Inflator
Folsom Heights No. 2 256.30 256.30 CPI NTE 3%
Hannaford Cross 195.78 195.78 No Inflator
Lake Natoma Shores 183.58 183.58 No Inflator
Los Cerros 121.18 121.18 No Inflator
Natoma Station 91.71 91.71 No Inflator
Natoma Valley 1,107.64 364.56 CPI NTE 4%
Prairie Oaks Ranch 213.61 213.61 No Inflator
Prairie Oaks Ranch No. 2 363.90 363.90 CPI NTE 3%
Prospect Ridge 1,389.75 1,389.75 CPI NTE 4%
Sierra Estates 470.38 470.38 CPI NTE 4%
Silverbrook 132.32 132.32 No Inflator
Steeplechase 157.68 157.68 No Inflator
The Residences at American River Canyon 797.02 797.02 CPI NTE 4% The Residences at American River Canyon II 1,655.34 1,655.34 CPI NTE 4% Willow Creek Estates East 80.40 80.40 No Inflator
Willow Creek Estates No. 2-Zone A&B 117.82 117.82 CPI NTE 4% Willow Creek Estates No. 2-Zone C 108.30 108.30 CPI NTE 4% Willow Creek Estates South 109.88 109.88 No Inflator
Willow Springs 28.14 28.14 No Inflator
Each year, prior to the assessments being placed on the tax roll, the City will review the cost estimate and determine the amount needed to maintain the improvements for the upcoming fiscal year. The actual assessment per benefit point will be based on the estimated costs, available fund balance and maximum allowable assessment with the goal of maintaining the improvements in a satisfactory and operational condition. The actual assessment amount may be equal to or lower than the maximum allowable assessment; however, it may not exceed the maximum unless the increase is approved by the property owners in accordance with Proposition 218.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 41
6. ASSESSMENT DIAGRAM
The boundaries of the Districts are displayed on the following Assessment Diagram. The lines and dimensions of each lot or parcel within the Districts are those lines and dimensions shown on the maps of the County Assessor of the County of Sacramento, at the time this Engineer’s Report was prepared, and are incorporated by reference herein and made part of this report.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 42
7. BUDGETS
The Fiscal Year 2026/27 budgets for the maintenance and servicing of the improvements as described in Section 3 - Plans and Specifications of this report are shown below.
GENERAL MAINTENANCE COSTS
Scheduled: monthly landscape maintenance and service. Unscheduled: unscheduled but potential costs for repairs (i.e. broken sprinklers and irrigation systems), replacements (i.e. remove and replace dead tree or irrigation controller), and other services (i.e. repair fence post or treat for a specific pest) not included in monthly maintenance and service costs.
Streetlights: repair and replace bulbs and ballasts in streetlights.
SERVICE COSTS
Electrical: electric costs for streetlight maintenance and power to irrigation controllers. Water: water costs to irrigate landscaping.
CURRENT YEAR IMPROVEMENT PROJECTS
Funded capital improvements planned to occur in the upcoming fiscal year.
INCIDENTAL COSTS
Professional Services: consultant cost for Engineer’s Report and Improvement Plan. Contract Services: other contracts or professional services such as backflow testing (yearly tests), vector control, graffiti removal, and streetlight pole replacement. Publications/Mailings/Communications: yearly notices in public hearings, mailings to Advisory Committee Members, and telephone expenses.
Staff: Landscaping and Lighting District Manager and/or inspector, clerical support, and/or other city staff.
Overhead: General overhead (Districts share of general overhead categories such as City Clerk, City Attorney, City Manager, etc.) and Department overhead (Districts share of department overhead categories such as City Attorney, City Clerk and Finance Dept. Costs). County Auditor Fee: Per Parcel Fee charged by County to put levy on tax bills.
TOTAL IMPROVEMENT COSTS
This is the total of all improvement costs budgeted for the upcoming year. This cost includes current improvements that are funded by fund balance monies. Fund balance monies are monies that have been collected in prior years in anticipation of being used for specific improvements and/or intended for replacement or improvement of capital items within a district.
RESERVE FUND COLLECTION / (CONTRIBUTION)
This item includes the amount to be collected from or credited to the annual assessment. When the total Improvement Costs exceed the total maximum assessment revenue to be collected, and there are sufficient
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 43 reserves, a credit may be applied to the total annual costs. When the total Improvement Costs are less than the total maximum assessment revenue, an amount may be collected to maintain reserves to enable the City to pay for the maintenance and servicing of the improvements prior to December 10 of the fiscal year, or whenever the City expects to receive its apportionment of special assessment collections from the County, whichever is later.
CONTRIBUTIONS FROM OTHER SOURCES
This item includes any amount contributed to the District from any source of funds other than the annual assessments.
ROUNDING ADJUSTMENT
This item includes any amount necessary to round the actual assessment amount for each parcel to an even cent as the County requires that the total levy amount submitted be even so that the amount can be divided into two equal installments on the tax roll.
BALANCE TO ASSESS DISTRICT PROPERTIES
This calculation takes the number of single-family equivalent benefit units and multiplies it by the amount that each property within a district will be assessed for the upcoming year. This is the total assessment amount that will be generated by the properties within each district.
ESTIMATED RESERVES
Estimated reserve needed for the City to pay for the maintenance and servicing of the improvements prior to December 10 of the fiscal year, or whenever the City expects to receive its apportionment of special assessment collections from the County, whichever is later.
SHORT-TERM INSTALLMENTS
Funds listed here are monies collected in prior years and set aside for future proposed improvements projected to be completed within the next five years.
LONG-TERM INSTALLMENTS
Funds listed here are monies collected in prior years and set aside for future proposed improvements projected to be completed within five to thirty years.
RESERVE FUND BALANCE ANALYSIS
This calculation determines funds available in a district. This calculation includes the funds remaining after making allocations to the estimated reserves, short-term installments and long-term installments. Annual operational deficits are funded from the City’s pooled cash account. Any reserve fund balance deficits are assigned to the specific district and is the ongoing financial responsibility of the district. Operating deficits can be reduced by annual reserve fund collections or a reduction in services provided to the district. The following table provides a summary of the Reserve Fund Balance analysis for each district.
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 44 District
Assessment
Revenue
FY 2026/27
Total
Expense
FY 2026/27
Revenue Less
Expenses
FY 2026/27
Fund Balance
December 31,
2025
Reserve Fund
Collection /
(Contribution)
FY 2026/27
Estimated
Revenue
(through
December 31,
2026) (1)
Estimated
Reserves
(through
December 31,
2026)
Installment
Costs Reserve FY
2026/27
Estimated Reserve
Fund Balance
(June 30, 2027)
American River Canyon North $105,204.68 $76,844.28 $28,360.40 ($209,611.26) $28,360.40 $105,204.68 ($76,844.28) ($73,554.00) ($226,444.46) American River Canyon North No. 2 12,432.00 7,926.60 4,505.40 211,221.01 4,505.40 12,432.00 (7,926.60) (225,524.71) (5,292.90) American River Canyon North No. 3 305,312.76 293,329.54 11,983.22 686,454.26 11,983.22 296,409.08 (293,329.54) (780,586.48) (79,069.46) Blue Ravine Oaks 36,069.00 28,495.10 7,573.90 155,085.32 7,573.90 36,069.00 (28,495.10) (141,589.55) 28,643.57 Blue Ravine Oaks No. 2 19,418.85 35,249.95 (15,831.10) 80,704.26 (15,831.10) 18,852.90 (35,249.95) (135,986.50) (87,510.39) Briggs Ranch 80,575.18 195,207.85 (114,632.67) (276,809.01) (114,632.67) 80,575.10 (195,207.85) (283,763.71) (789,838.13) Broadstone 398,935.66 567,541.06 (168,605.40) 157,077.90 (168,605.40) 395,641.38 (567,541.06) (406,583.94) (590,011.12) Broadstone No. 3 39,870.04 35,403.86 4,466.18 42,958.00 4,466.18 38,256.88 (35,403.86) (31,270.18) 19,007.02 Broadstone No. 4 109,293.65 158,998.46 (49,704.81) (959,234.23) (49,704.81) 105,453.34 (158,998.46) (359,400.00) (1,421,884.16) Cobble Hills II/Reflections II 44,011.46 66,964.44 (22,952.98) (86,194.87) (22,952.98) 44,011.46 (66,964.44) (252,818.05) (384,918.88) Cobble Ridge 9,295.05 18,590.10 (9,295.05) 120,273.06 (9,295.05) 11,181.80 (18,590.10) (45,101.02) 58,468.69 Folsom Heights 21,831.04 16,553.92 5,277.12 62,307.63 5,277.12 21,831.04 (16,553.92) (18,608.35) 54,253.52 Folsom Heights No. 2 78,940.40 82,106.11 (3,165.71) 282,050.77 (3,165.71) 76,642.72 (82,106.11) (182,786.14) 90,635.53 Hannaford Cross 20,165.34 91,447.15 (71,281.81) (34,348.22) (71,281.81) 20,165.34 (91,447.15) (55,337.48) (232,249.32) Lake Natoma Shores 20,744.54 35,966.77 (15,222.23) 80,709.86 (15,222.23) 20,744.54 (35,966.77) (32,555.32) 17,710.08 Los Cerros 40,837.66 61,916.03 (21,078.37) 68,313.65 (21,078.37) 40,837.66 (61,916.03) (61,580.89) (35,423.98) Natoma Station 170,293.55 157,365.91 12,927.64 (822,307.57) 12,927.64 170,279.44 (157,365.91) (643,647.96) (1,440,114.36) Natoma Valley 28,800.52 57,601.03 (28,800.52) 239,278.69 (28,800.52) 30,095.84 (57,601.03) (76,048.29) 106,924.70 Prairie Oaks Ranch 196,228.55 136,844.92 59,383.63 (508,344.62) 59,383.63 196,219.98 (136,844.92) (13,043.74) (402,629.66) Prairie Oaks Ranch No. 2 327,291.66 225,372.89 101,918.77 64,067.36 101,918.77 317,758.00 (225,372.89) (350,519.35) (92,148.11) Prospect Ridge 48,641.25 34,036.58 14,604.67 55,257.24 14,604.67 47,207.30 (34,036.58) (175,923.30) (92,890.67) Sierra Estates 11,759.50 13,776.51 (2,017.01) 12,029.89 (2,017.01) 24,282.72 (13,776.51) (11,521.87) 8,997.22 Silverbrook 15,490.70 12,599.37 2,891.33 95,694.35 2,891.33 13,149.84 (12,599.37) (108,194.41) (9,058.26) Steeplechase 24,282.72 33,518.24 (9,235.52) 6,628.24 (9,235.52) 16,065.60 (33,518.24) (47,291.65) (67,351.57)
03/24/2026 Item No.13.
City of Folsom
Landscaping and Lighting Districts - Fiscal Year 2026/27 Engineer’s Report 45 District
Assessment
Revenue
FY 2026/27
Total
Expense
FY 2026/27
Revenue Less
Expenses
FY 2026/27
Fund Balance
December 31,
2025
Reserve Fund
Collection /
(Contribution)
FY 2026/27
Estimated
Revenue
(through
December 31,
2026) (1)
Estimated
Reserves
(through
December 31,
2026)
Installment
Costs Reserve FY
2026/27
Estimated Reserve
Fund Balance
(June 30, 2027)
The Residences at American River
Canyon 13,549.34
27,664.98 (14,115.64) 44,151.95 (14,115.64) 11,413.00 (27,664.98) (35,326.04) (21,541.71) The Residences at American River
Canyon II 16,553.40
27,659.80 (11,106.40) 44,151.95 (11,106.40) 15,485.10 (27,659.80) (35,326.04) (14,455.19) Willow Creek Estates East 60,058.80 26,362.78 33,696.02 (52,223.77) 33,696.02 60,058.80 (26,362.78) (36,521.87) (21,353.60) Willow Creek Estates East No. 2 87,240.42 98,514.52 (11,274.10) 38,487.27 (11,274.10) 84,663.54 (98,514.52) (249,546.87) (236,184.68) Willow Creek Estates South 160,504.90 238,477.76 (77,972.86) 266,570.06 (77,972.86) 160,504.90 (238,477.76) (264,978.13) (154,353.78) Willow Springs 14,548.38 19,066.10 (4,517.72) 2,536.53 (4,517.72) 14,548.38 (19,066.10) (3,478.13) (9,977.04) (1) Represents assessment revenue collections received by the City after 12/31/2025.
03/24/2026 Item No.13.
American River Canyon North
Fiscal Year 2026/27 Cost Estimate
Improvement Costs:
General Maintenance Costs
Scheduled $0.00
Unscheduled 0.00
Streetlights 0.00
Irrigation 0.00
Service Costs
Electrical 33,000.00
Water 37,000.00
Current Year Improvement Projects
No Planned Improvement Projects 0.00
Subtotal: $70,000.00
Incidental Costs:
Professional Services (Engineer's Report and IP) $1,140.00 Contract Services (All Other Contracts and Services) 0.00 Publications/Mailings/Communications 0.00
Staff 0.00
Overhead 4,916.00
County Auditor Fee 788.28
Subtotal: $6,844.28
Total Improvement Costs $76,844.28
Total Maximum Assessment Revenue 105,204.68
Reserve Fund Collection / (Contribution) 28,360.40
Rounding Adjustments 0.00
Balance to Assess to District Properties $105,204.68
Actual Assessment per SFE $102.94
Maximum Assessment per SFE $102.94
Parcels Levied 1,022
SFE Benefit Units 1,022.00
Reserve Fund Balance Analysis:
Beginning Reserve Fund Balance (December 31, 2025) ($209,611.26) Estimated Revenue (through December 31, 2026) 105,204.68 Estimated Costs (through December 31, 2026) (76,844.28) Installment Costs Reserve (73,554.00)
Net Available Fund Balance ($254,804.86)
Contributions from Other Sources 0.00
Reserve Fund Collection / (Contribution) 28,360.40
Estimated Reserve Fund Balance (June 30, 2027) ($226,444.46) Installment Costs
Short ‐Term Installment Plan (Previously Collected) $0.00 Long ‐Term Installment Plan (Previously Collected) 66,342.00 Short ‐Term Installment Plan (Collected this Year) 0.00 Long ‐Term Installment Plan (Collected this Year) 7,212.00 Total Installment Costs $73,554.00
03/24/2026 Item No.13.
Installment Summary
District American River Canyon North
Fiscal Year 2026-27
Short Term Installment Summary
Yearly Prior Years Year 1 Year 2 Year 3 Year 4 Year 5 Approx.
Project Installment Collections 2026 2027 2028 2029 2030 Total Required None
Short Term Installment Summary Totals: -$ -$ -$ -$ -$ -$ -$ -$ Long Term Installment Summary
Yearly Prior Years Year 1 Years 2-5 Years 5-10 Years 10-20 Years 20-30 Approx.
Project Installment Collections 2018 2019-2022 2023-2027 2028-2037 2038-2047 Total Required Waterfall Pond Liner 2,760 $ 39,282 $ 3,333 $ 13,333 $ 10,120 $ 27,599 $ 27,599 $ 100,000 $ Waterfall Pumps, Autofill, Filters, Chlorination System 2,278 $ 24,886 $ 2,500 $ 10,000 $ 12,500 $ 25,000 $ 25,000 $ 75,000 $ Major Monuments on Oak at ARC Drive (2) 2,174 $ 2,174 $ -$ -$ 6,522 $ 21,739 $ 21,739 $ 50,000 $ Long Term Installment Summary Totals: 7,212 $ 66,342 $ 5,833 $ 23,333 $ 29,141 $ 74,338 $ 74,338 $ 225,000 $
03/24/2026 Item No.13.
District: American River
Canyon North
December 31, 2025
Fund Balance:
Fiscal Year: 2026-27 ($209,611)
Calendar Repayment
Year Year Amount (1)
2026 1 ($13,974.08)
2027 2 (13,974.08)
2028 3 (13,974.08)
2029 4 (13,974.08)
2030 5 (13,974.08)
2031 6 (13,974.08)
2032 7 (13,974.08)
2033 8 (13,974.08)
2034 9 (13,974.08)
2035 10 (13,974.08)
2036 11 (13,974.08)
2037 12 (13,974.08)
2038 13 (13,974.08)
2039 14 (13,974.08)
2040 15 (13,974.08)
Total: ($209,611.26)
Sample Amortization Schedule
15-Year Amortization of Repayment Amount
(1) Based on the current available fund balance, this is the amount that would need to be paid back each year over 15 years to repay the current funding deficit within the District. If no deficit exists, no annual repayment would be required.
03/24/2026 Item No.13.
Improvement Costs:General Maintenance CostsScheduledUnscheduledStreetlightsIrrigation Service CostsElectricalWater
Current Year Improvement ProjectsNo Planned Improvement ProjectsSubtotal:
Incidental Costs:Professional Services (Engineer's Report and IP)Contract Services (All Other Contracts and Services)Publications/Mailings/CommunicationsStaffOverheadCounty Auditor FeeSubtotal:
Total Improvement CostsTotal Maximum Assessment RevenueReserve Fund Collection / (Contribution)Rounding AdjustmentsBalance to Assess to District Properties Actual Assessment per SFEMaximum Assessment per SFEParcels LeviedSFE Benefit Units Reserve Fund Balance Analysis:Beginning Reserve Fund Balance (December 31, 2025)Estimated Revenue (through December 31, 2026)Estimated Costs (through December 31, 2026)Installment Costs ReserveNet Available Fund BalanceContributions from Other SourcesReserve Fund Collection / (Contribution)Estimated Reserve Fund Balance (June 30, 2027) Installment Costs Short‐Term Installment Plan (Previously Collected)Long‐Term Installment Plan (Previously Collected)Short‐Term Installment Plan (Collected this Year)Long‐Term Installment Plan (Collected this Year)Total Installment Costs $0.000.003,000.00N/A
500.000.00
0.00$3,500.00
$1,140.000.000.002,903.20233.00150.40$4,426.60
$7,926.6012,432.004,505.400.00$12,432.00
$77.70$77.70160160.00
$211,221.0112,432.00(7,926.60)(225,524.71)($9,798.30)0.004,505.40($5,292.90) $0.00219,801.000.005,723.71$225,524.71
American River Canyon North No. 2Fiscal Year 2026/27 Cost Estimate
03/24/2026 Item No.13.
Installment Summary
District American River Canyon North No. 2
Fiscal Year 2026-27
Short Term Installment Summary
Yearly Prior Years Year 1 Year 2 Year 3 Year 4 Year 5 Approx.
Project Installment Collections 2026 2027 2028 2029 2030 Total Required None
Short Term Installment Summary Totals: -$ -$ -$ -$ -$ -$ -$ -$ Long Term Installment Summary
Yearly Prior Years Year 1 Years 2-5 Years 5-10 Years 10-20 Years 20-30 Approx.
Project Installment Collections 2018 2019-2022 2023-2027 2028-2037 2038-2047 Total Required Paint Light Poles (Approximately 250 Poles) 945 $ 80,144 $ 3,333 $ 13,333 $ 4,836 $ 9,455 $ 9,455 $ 100,000 $ Pole Replacements (24 poles) 4,778 $ 139,657 $ 8,000 $ 32,000 $ 22,335 $ 47,782 $ 47,782 $ 240,000 $ Long Term Installment Summary Totals: 5,724 $ 219,801 $ 11,333 $ 45,333 $ 27,171 $ 57,237 $ 57,237 $ 340,000 $
03/24/2026 Item No.13.
District: American River
Canyon North No. 2
December 31, 2025
Fund Balance:
Fiscal Year: 2026-27 $211,221
Calendar Repayment
Year Year Amount (1)
2026 1 $0.00
2027 2 0.00
2028 3 0.00
2029 4 0.00
2030 5 0.00
2031 6 0.00
2032 7 0.00
2033 8 0.00
2034 9 0.00
2035 10 0.00
2036 11 0.00
2037 12 0.00
2038 13 0.00
2039 14 0.00
2040 15 0.00
Total: $0.00
Sample Amortization Schedule
15-Year Amortization of Repayment Amount
(1) Based on the current available fund balance, this is the amount that would need to be paid back each year over 15 years to repay the current funding deficit within the District. If no deficit exists, no annual repayment would be required.
03/24/2026 Item No.13.
Improvement Costs:General Maintenance CostsScheduledUnscheduledStreetlightsIrrigation Service CostsElectricalWater
Incidental Costs:Professional Services (Engineer's Report and IP)Contract Services (All Other Contracts and Services)Publications/Mailings/CommunicationsStaffOverheadCounty Auditor FeeSubtotal:
Total Improvement CostsTotal Maximum Assessment RevenueReserve Fund Collection / (Contribution)Rounding AdjustmentsBalance to Assess to District Properties Actual Assessment per SFEMaximum Assessment per SFEParcels LeviedSFE Benefit Units Reserve Fund Balance Analysis:Beginning Reserve Fund Balance (December 31, 2025)Estimated Revenue (through December 31, 2026)Estimated Costs (through December 31, 2026)Installment Costs ReserveNet Available Fund BalanceContributions from Other SourcesReserve Fund Collection / (Contribution)Estimated Reserve Fund Balance (June 30, 2027) Installment Costs Short‐Term Installment Plan (Previously Collected)Long‐Term Installment Plan (Previously Collected)Short‐Term Installment Plan (Collected this Year)Long‐Term Installment Plan (Collected this Year)Total Installment Costs $113,610.0073,000.0013,500.007,500.00
460.000.00
0.00$208,070.00
$1,140.000.000.0077,852.265,479.00788.28$85,259.54
$293,329.54305,312.7611,983.220.00$305,312.76
$332.02$332.021,022919.56
$686,454.26296,409.08(293,329.54)(780,586.48)($91,052.68)0.0011,983.22($79,069.46) $122,000.00562,043.0050,000.0046,543.48$780,586.48
American River Canyon North No. 3 Fiscal Year 2026/27 Cost Estimate Current Year Improvement ProjectsNo Planned Improvement Projects Subtotal:
03/24/2026 Item No.13.
Installment Summary
District American River Canyon North No. 3
Fiscal Year 2026-27
Short Term Installment Summary
Yearly Prior Years Year 1 Year 2 Year 3 Year 4 Year 5 Approx.
Project Installment Collections 2026 2027 2028 2029 2030 Total Required Irrigation Controller Upgrade - Centralized (3 controllers) 3,200 $ 38,400 $ 3,200 $ 3,200 $ 3,200 $ - $ - $ 48,000 $ Signage Replacement 5,800 $ 42,600 $ 5,800 $ 5,800 $ 5,800 $ - $ - $ 60,000 $ Tree pruning year 1 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 35,000 $ Tree pruning year 2 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 35,000 $ Tree pruning year 3 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 35,000 $ Tree pruning year 4 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 25,000 $ Tree pruning year 5 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 25,000 $ Ladder fuel 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 50,000 $ Short Term Installment Summary Totals: 50,000 $ 122,000 $ 50,000 $ 50,000 $ 50,000 $ 41,000 $ -$ 313,000 $ Long Term Installment Summary
Yearly Prior Years Year 1 Years 2-5 Years 5-10 Years 10-20 Years 20-30 Approx.
Project Installment Collections 2018 2019-2022 2023-2027 2028-2037 2038-2047 Total Required Waterfall Rock Repair 2,333 $ 23,667 $ 1,000 $ 4,000 $ 10,333 $ 23,333 $ 23,333 $ 75,000 $ Baldwin Dam Path Repair 10,625 $ 116,250 $ 5,000 $ 20,000 $ 47,500 $ 106,250 $ 106,250 $ 350,000 $ Tree and Landscape Improvements / Replacements 8,542 $ 112,083 $ 5,000 $ 20,000 $ 39,167 $ 85,417 $ 85,417 $ 300,000 $ ARC Drive / Canyon Falls (Cascade Perimeter) Landscape Remove / Replace Trees - $ 135,000 $ 2,000 $ 8,000 $ 2,000 $ - $ - $ 135,000 $ Main Walk Trail Landscaping , Irrigation, Stair, and Clean-up - $ 150,000 $ 10,000 $ 40,000 $ 10,000 $ - $ - $ 150, 000 $ Minor Monument Replacements (6) 5,217 $ 5,217 $ - $ - $ 15,652 $ 52,174 $ 52 ,174 $ 120,000 $ Trail Bollard Replacements (29) 5,043 $ 5,043 $ - $ - $ 15,130 $ 50,435 $ 50 ,435 $ 116,000 $ Irrigation controller replacements (16) 10,435 $ 10,435 $ 31,304 $ 104,348 $ 104,348 $ 240,000 $ Interior Trail Repairs 4,348 $ 4,348 $ 13,043 $ 43,478 $ 43,4 78 $ 100,000 $ Long Term Installment Summary Totals: 46,543 $ 562,043 $ 23,000 $ 92,000 $ 184,130 $ 465,435 $ 465,435 $ 1,586,000 $
03/24/2026 Item No.13.
District: American River
Canyon North No. 3
December 31, 2025
Fund Balance:
Fiscal Year: 2026-27 $686,454
Calendar Repayment
Year Year Amount (1)
2026 1 $0.00
2027 2 0.00
2028 3 0.00
2029 4 0.00
2030 5 0.00
2031 6 0.00
2032 7 0.00
2033 8 0.00
2034 9 0.00
2035 10 0.00
2036 11 0.00
2037 12 0.00
2038 13 0.00
2039 14 0.00
2040 15 0.00
Total: $0.00
Sample Amortization Schedule
15-Year Amortization of Repayment Amount
(1) Based on the current available fund balance, this is the amount that would need to be paid back each year over 15 years to repay the current funding deficit within the District. If no deficit exists, no annual repayment would be required.
03/24/2026 Item No.13.
Improvement Costs:General Maintenance CostsScheduledUnscheduledStreetlightsIrrigation Service CostsElectricalWater
Current Year Improvement ProjectsNo Planned Improvement ProjectsSubtotal:
Incidental Costs:Professional Services (Engineer's Report and IP)Contract Services (All Other Contracts and Services)Publications/Mailings/CommunicationsStaffOverheadCounty Auditor FeeSubtotal:
Total Improvement CostsTotal Maximum Assessment RevenueReserve Fund Collection / (Contribution)Rounding AdjustmentsBalance to Assess to District Properties Actual Assessment per SFEMaximum Assessment per SFEParcels LeviedSFE Benefit Units Reserve Fund Balance Analysis:Beginning Reserve Fund Balance (December 31, 2025)Estimated Revenue (through December 31, 2026)Estimated Costs (through December 31, 2026)Installment Costs ReserveNet Available Fund BalanceContributions from Other SourcesReserve Fund Collection / (Contribution)Estimated Reserve Fund Balance (June 30, 2027) Installment Costs Short‐Term Installment Plan (Previously Collected)Long‐Term Installment Plan (Previously Collected)Short‐Term Installment Plan (Collected this Year)Long‐Term Installment Plan (Collected this Year)Total Installment Costs $0.0010,000.000.001,500.00
4,200.0011,000.00
0.00$26,700.00
$1,140.000.000.000.00501.00154.10$1,795.10
$28,495.1036,069.007,573.900.00$36,069.00
$218.60$218.60165165.00
$155,085.3236,069.00(28,495.10)(141,589.55)$21,069.670.007,573.90$28,643.57 $29,667.0074,982.0029,667.007,273.55$141,589.55
Blue Ravine OaksFiscal Year 2026/27 Cost Estimate
03/24/2026 Item No.13.
Installment Summary
District Blue Ravine Oaks
Fiscal Year 2026-27
Short Term Installment Summary
Yearly Prior Years Year 1 Year 2 Year 3 Year 4 Year 5 Approx.
Project Installment Collections 2026 2027 2028 2029 2030 Total Required Mini Park Turf and Shrub Renovations 16,667 $ 16,667 $ 16,667 $ 16,667 $ -$ -$ -$ 50,000 $ Tree pruning year 1 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Tree pruning year 2 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 15,000 $ Tree pruning year 3 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Tree pruning year 4 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 15,000 $ Tree pruning year 5 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 15,000 $ Short Term Installment Summary Totals: 29,667 $ 29,667 $ 29,667 $ 29,667 $ 13,000 $ 13,000 $ -$ 115,000 $ Long Term Installment Summary
Yearly Prior Years Year 1 Years 2-5 Years 5-10 Years 10-20 Years 20-30 Approx.
Project Installment Collections 2018 2019-2022 2023-2027 2028-2037 2038-2047 Total Required Blue Ravine Wall Repair 2,708 $ 70,416 $ 5,000 $ 50,000 $ 15,833 $ 27,083 $ 27 ,083 $ 130,000 $ Irrigation Controller Replacements (3) 1,957 $ 1,957 $ -$ -$ 5,870 $ 19,565 $ 19,565 $ 45,000 $ Streetlight pole replacements (6) 2,609 $ 2,609 $ -$ -$ 7,826 $ 26,087 $ 26,087 $ 60,000 $ Long Term Installment Summary Totals: 7,274 $ 74,982 $ 5,000 $ 50,000 $ 29,529 $ 72,736 $ 72,736 $ 235,000 $
03/24/2026 Item No.13.
District: Blue Ravine Oaks December 31, 2025
Fund Balance:
Fiscal Year: 2026-27 $155,085
Calendar Repayment
Year Year Amount (1)
2026 1 $0.00
2027 2 0.00
2028 3 0.00
2029 4 0.00
2030 5 0.00
2031 6 0.00
2032 7 0.00
2033 8 0.00
2034 9 0.00
2035 10 0.00
2036 11 0.00
2037 12 0.00
2038 13 0.00
2039 14 0.00
2040 15 0.00
Total: $0.00
Sample Amortization Schedule
15-Year Amortization of Repayment Amount
(1) Based on the current available fund balance, this is the amount that would need to be paid back each year over 15 years to repay the current funding deficit within the District. If no deficit exists, no annual repayment would be required. Page 591
03/24/2026 Item No.13.
Improvement Costs:General Maintenance CostsScheduledUnscheduledStreetlightsIrrigation Service CostsElectricalWater
Current Year Improvement ProjectsNo Planned Improvement ProjectsSubtotal:
Incidental Costs:Professional Services (Engineer's Report and IP)Contract Services (All Other Contracts and Services)Publications/Mailings/CommunicationsStaffOverheadCounty Auditor FeeSubtotal:
Total Improvement CostsTotal Maximum Assessment RevenueReserve Fund Collection / (Contribution)Rounding AdjustmentsBalance to Assess to District Properties Actual Assessment per SFEMaximum Assessment per SFEParcels LeviedSFE Benefit Units Reserve Fund Balance Analysis:Beginning Reserve Fund Balance (December 31, 2025)Estimated Revenue (through December 31, 2026)Estimated Costs (through December 31, 2026)Installment Costs ReserveNet Available Fund BalanceContributions from Other SourcesReserve Fund Collection / (Contribution)Estimated Reserve Fund Balance (June 30, 2027) Installment Costs Short‐Term Installment Plan (Previously Collected)Long‐Term Installment Plan (Previously Collected)Short‐Term Installment Plan (Collected this Year)Long‐Term Installment Plan (Collected this Year)Total Installment Costs $22,080.000.00250.000.00
0.000.00
0.00$22,330.00
$1,140.000.000.0010,605.851,020.00154.10$12,919.95
$35,249.9519,418.85(15,831.10)0.00$19,418.85
$117.69$117.69165165.00
$80,704.2618,852.90(35,249.95)(135,986.50)($71,679.29)0.00(15,831.10)($87,510.39) $62,800.0040,324.0027,400.005,462.50$135,986.50
Blue Ravine Oaks No. 2 Fiscal Year 2026/27 Cost Estimate
03/24/2026 Item No.13.
Installment Summary
District Blue Ravine Oaks No. 2
Fiscal Year 2026-27
Short Term Installment Summary
Yearly Prior Years Year 1 Year 2 Year 3 Year 4 Year 5 Approx.
Project Installment Collections 2026 2027 2028 2029 2030 Total Required Tree Removal / Replacement (Blue Ravine Road) 5,400 $ 18,800 $ 5,400 $ 5,400 $ 5,400 $ - $ - $ 35,000 $ Turf Renovation Timson and Riley - $ - $ - $ - $ 50,000 $ Turf Renovation Hazelmere and Riley 6,000 $ 12,000 $ 6,000 $ 6,000 $ 6,000 $ - $ - $ 30,000 $ Turf Renovation Between Hazelmere and Timson 16,000 $ 32,000 $ 16,000 $ 16,000 $ 16,000 $ - $ - $ 80,000 $ Short Term Installment Summary Totals: 27,400 $ 62,800 $ 27,400 $ 27,400 $ 27,400 $ -$ -$ 195,000 $ Long Term Installment Summary
Yearly Prior Years Year 1 Years 2-5 Years 5-10 Years 10-20 Years 20-30 Approx.
Project Installment Collections 2018 2019-2022 2023-2027 2028-2037 2038-2047 Total Required Fence Replacement on Riley Street 2,358 $ 13,116 $ 1,200 $ 1,200 $ 10,633 $ 23,583 $ 23,583 $ 65,000 $ Tree Removal / Replacement 2,604 $ 22,708 $ 2,500 $ 2,500 $ 12,917 $ 26,042 $ 26,042 $ 80,000 $ Signage Replacement 500 $ 4,500 $ 500 $ 500 $ 1,000 $ - $ - $ 4,000 $ Long Term Installment Summary Totals: 5,463 $ 40,324 $ 4,200 $ 4,200 $ 24,550 $ 49,625 $ 49,625 $ 149,000 $
03/24/2026 Item No.13.
District: Blue Ravine Oaks
No. 2
December 31, 2025
Fund Balance:
Fiscal Year: 2026-27 $80,704
Calendar Repayment
Year Year Amount (1)
2026 1 $0.00
2027 2 0.00
2028 3 0.00
2029 4 0.00
2030 5 0.00
2031 6 0.00
2032 7 0.00
2033 8 0.00
2034 9 0.00
2035 10 0.00
2036 11 0.00
2037 12 0.00
2038 13 0.00
2039 14 0.00
2040 15 0.00
Total: $0.00
Sample Amortization Schedule
15-Year Amortization of Repayment Amount
(1) Based on the current available fund balance, this is the amount that would need to be paid back each year over 15 years to repay the current funding deficit within the District. If no deficit exists, no annual repayment would be required.
03/24/2026 Item No.13.
Improvement Costs:General Maintenance CostsScheduledUnscheduledStreetlightsIrrigation Service CostsElectricalWater
Current Year Improvement ProjectsNo Planned Improvement ProjectsSubtotal:
Incidental Costs:Professional Services (Engineer's Report and IP)Contract Services (All Other Contracts and Services)Publications/Mailings/CommunicationsStaffOverheadCounty Auditor FeeSubtotal:
Total Improvement CostsTotal Maximum Assessment RevenueReserve Fund Collection / (Contribution)Rounding AdjustmentsBalance to Assess to District Properties Actual Assessment per SFEMaximum Assessment per SFEParcels LeviedSFE Benefit Units Reserve Fund Balance Analysis:Beginning Reserve Fund Balance (December 31, 2025)Estimated Revenue (through December 31, 2026)Estimated Costs (through December 31, 2026)Installment Costs ReserveNet Available Fund BalanceContributions from Other SourcesReserve Fund Collection / (Contribution)Estimated Reserve Fund Balance (June 30, 2027) Installment Costs Short‐Term Installment Plan (Previously Collected)Long‐Term Installment Plan (Previously Collected)Short‐Term Installment Plan (Collected this Year)Long‐Term Installment Plan (Collected this Year)Total Installment Costs $66,043.007,900.005,750.001,250.00
11,500.0011,000.00
0.00$103,443.00
$1,140.0060,000.000.0027,765.332,348.00511.52$91,764.85 $195,207.8580,575.18(114,632.67)0.00$80,575.18
$122.28$122.28648658.94
($276,809.01)80,575.10(195,207.85)(283,763.71)($675,205.47)0.00(114,632.67)($789,838.13) $118,100.00105,381.0043,300.0016,982.71$283,763.71
Briggs Ranch Fiscal Year 2026/27 Cost Estimate
03/24/2026 Item No.13.
Installment Summary
District Briggs Ranch
Fiscal Year 2026-27
Short Term Installment Summary
Yearly Prior Years Year 1 Year 2 Year 3 Year 4 Year 5 Approx.
Project Installment Collections 2026 2027 2028 2029 2030 Total Required Shrub and Tree Upgrades (E. Natoma & Blue Ravine) 6,000 $ 32,000 $ 6,000 $ 6,000 $ 6,000 $ - $ - $ 50,000 $ Fence / Wall repair / Replacement 6,000 $ 32,000 $ 6,000 $ 6,000 $ 6,000 $ - $ - $ 50,000 $ Fence Repair / Replacement (E. Natoma Partial) 9,300 $ 22,100 $ 9,300 $ 9,300 $ 9,300 $ - $ - $ 50,000 $ Trail Repairs 4,000 $ 8,000 $ 4,000 $ 4,000 $ 4,000 $ - $ - $ 20,000 $ Pet Stations Repair / Replacement - $ 6,000 $ - $ - $ - $ - $ - $ 6,000 $ Tree pruning year 2 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 35,000 $ Tree pruning year 3 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 30,000 $ Tree pruning year 4 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 15,000 $ Tree pruning year 5 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Short Term Installment Summary Totals: 43,300 $ 118,100 $ 43,300 $ 43,300 $ 43,300 $ 18,000 $ -$ 266,000 $ Long Term Installment Summary
Yearly Prior Years Year 1 Years 2-5 Years 5-10 Years 10-20 Years 20-30 Approx.
Project Installment Collections 2018 2019-2022 2023-2027 2028-2037 2038-2047 Total Required Bollard Repair / Replacement 823 $ 41,896 $ 410 $ 410 $ 3,702 $ 8,229 $ 8,229 $ 60,000 $ Fence Repair / Replacement (Blue Ravine Partial) 2,042 $ 15,084 $ 500 $ 500 $ 8,667 $ 20,417 $ 20,417 $ 60,000 $ Fence Repair / Replacement (E. Natoma Partial) 2,104 $ 13,708 $ 500 $ 500 $ 8,917 $ 21,042 $ 21,042 $ 60,000 $ Entry Sign Replacement (Brass Lettering) 208 $ 5,416 $ 500 $ 500 $ 708 $ 2,0 83 $ 2,083 $ 10,000 $ Irrigation Upgrades / Replacement (3 Controllers) 146 $ 6,792 $ 500 $ 500 $ 1,083 $ 1,45 8 $ 1,458 $ 10,000 $ Landscape Lighting Upgrades or Replacement 3,079 $ 7,258 $ 500 $ 500 $ 12,817 $ 30,792 $ 30,792 $ 75,000 $ Tree and Landscape Improvement (Partial Collection) 146 $ 6,792 $ 500 $ 500 $ 1,083 $ 1,45 8 $ 1,458 $ 10,000 $ Irrigation controller replacements (2) 1,304 $ 1,304 $ - $ - $ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Trail Bollard Replacements (11) 1,913 $ 1,913 $ - $ - $ 5,739 $ 19,130 $ 19,130 $ 44,000 $ Streetlight Pole Replacements (6) 2,609 $ 2,609 $ - $ - $ 7,826 $ 26,087 $ 26,087 $ 60,000 $ Monument Repair 2,609 $ 2,609 $ - $ - $ 7,826 $ 26,087 $ 26,087 $ 10,000 $ Long Term Installment Summary Totals: 16,983 $ 105,381 $ 3,410 $ 3,410 $ 62,281 $ 169,827 $ 169,827 $ 429,000 $
03/24/2026 Item No.13.
District: Briggs Ranch December 31, 2025
Fund Balance:
Fiscal Year: 2026-27 ($277,000)
Calendar Repayment
Year Year Amount (1)
2026 1 ($18,466.67)
2027 2 (18,466.67)
2028 3 (18,466.67)
2029 4 (18,466.67)
2030 5 (18,466.67)
2031 6 (18,466.67)
2032 7 (18,466.67)
2033 8 (18,466.67)
2034 9 (18,466.67)
2035 10 (18,466.67)
2036 11 (18,466.67)
2037 12 (18,466.67)
2038 13 (18,466.67)
2039 14 (18,466.67)
2040 15 (18,466.67)
Total: ($277,000.00)
Sample Amortization Schedule
15-Year Amortization of Repayment Amount
(1) Based on the current available fund balance, this is the amount that would need to be paid back each year over 15 years to repay the current funding deficit within the District. If no deficit exists, no annual repayment would be required. Page 597
03/24/2026 Item No.13.
Improvement Costs:General Maintenance CostsScheduledUnscheduledStreetlightsIrrigation Service CostsElectricalWater
Current Year Improvement ProjectsNo Planned Improvement ProjectsSubtotal:
Incidental Costs:Professional Services (Engineer's Report and IP)Contract Services (All Other Contracts and Services)Publications/Mailings/CommunicationsStaffOverheadCounty Auditor FeeSubtotal:
Total Improvement CostsTotal Maximum Assessment RevenueReserve Fund Collection / (Contribution)Rounding AdjustmentsBalance to Assess to District Properties Actual Assessment per SFEMaximum Assessment per SFEParcels LeviedSFE Benefit Units Reserve Fund Balance Analysis:Beginning Reserve Fund Balance (December 31, 2025)Estimated Revenue (through December 31, 2026)Estimated Costs (through December 31, 2026)Installment Costs ReserveNet Available Fund BalanceContributions from Other SourcesReserve Fund Collection / (Contribution)Estimated Reserve Fund Balance (June 30, 2027) Installment Costs Short‐Term Installment Plan (Previously Collected)Long‐Term Installment Plan (Previously Collected)Short‐Term Installment Plan (Collected this Year)Long‐Term Installment Plan (Collected this Year)Total Installment Costs $142,000.0042,000.0045,000.0027,000.00
55,000.00130,000.00
0.00$441,000.00
$1,140.0060,000.000.0058,936.604,894.001,570.46$126,541.06 $567,541.06398,935.66(168,605.40)0.00$398,935.66
$164.99$164.992,0792,417.94
$157,077.90395,641.38(567,541.06)(406,583.94)($421,405.72)0.00(168,605.40)($590,011.12) $56,700.00243,345.0023,100.0083,438.94$406,583.94
BroadstoneFiscal Year 2026/27 Cost Estimate
03/24/2026 Item No.13.
Installment Summary
District Broadstone
Fiscal Year 2026-27
Short Term Installment Summary
Yearly Prior Years Year 1 Year 2 Year 3 Year 4 Year 5 Approx.
Project Installment Collections 2026 2027 2028 2029 2030 Total Required Tree and Landscape Improvements (Partial Fund Collection) 4,300 $ 12,100 $ 4,30 0 $ 4,300 $ 4,300 $ - $ - $ 25,000 $ Bollard Repair / Painting (27) 2,300 $ 8,100 $ 2,300 $ 2,300 $ 2,300 $ - $ - $ 15,000 $ Light Pole / Fixture Replacement of KW 1,300 $ 6,100 $ 1,300 $ 1,300 $ 1,300 $ - $ - $ 10,000 $ Trail Repairs 15,200 $ 30,400 $ 15,200 $ 15,200 $ 15,200 $ - $ - $ 76,000 $ Short Term Installment Summary Totals: 23,100 $ 56,700 $ 23,100 $ 23,100 $ 23,100 $ -$ -$ 126,000 $ Long Term Installment Summary
Yearly Prior Years Year 1 Years 2-5 Years 5-10 Years 10-20 Years 20-30 Approx.
Project Installment Collections 2018 2019-2022 2023-2027 2028-2037 2038-2047 Total Required Repair Irrigation / Replace Shrubs - Iron Point Median 1,792 $ 10,584 $ 1,000 $ 4,000 $ 7,667 $ 17,917 $ 17,917 $ 50,000 $ Tree & Landscape Improvements / Replacement 5,208 $ 45,416 $ 5,000 $ 20,000 $ 25,833 $ 52,083 $ 52,083 $ 160,000 $ Shrub Replacement - Throughout (Some Irrigation Repair) - 28 Acres 40,208 $ 115,416 $ 5,000 $ 20,000 $ 165,833 $ 402,083 $ 402,083 $ 1,000,000 $ Landscape Lighting Replacement 271 $ 4,042 $ 500 $ 2,000 $ 1,583 $ 2, 708 $ 2,708 $ 10,000 $ Pet Station Replacement (7) 313 $ 4,126 $ 500 $ 2,000 $ 1,750 $ 3, 125 $ 3,125 $ 11,000 $ Signage Repair / Replacement 1,521 $ 6,542 $ 500 $ 2,000 $ 6,583 $ 15, 208 $ 15,208 $ 40,000 $ Turf Removal / Irrigation Retrofit 7,896 $ 26,292 $ 1,500 $ 6,000 $ 33,083 $ 78,958 $ 78,958 $ 200,000 $ Irrigation Upgrades and Flow (15 Controllers) 16,100 $ 20,796 $ - $ - $ 48,301 $ 1 61,002 $ 161,002 $ 375,000 $ Bollard Replacement (27) 4,696 $ 4,696 $ - $ - $ 14,087 $ 46,957 $ 46,957 $ 108,000 $ Trail Repairs 5,435 $ 5,435 $ - $ - $ 16,304 $ 54,348 $ 54,348 $ 125,000 $ Long Term Installment Summary Totals: 83,439 $ 243,345 $ 14,000 $ 56,000 $ 321,025 $ 834,389 $ 834,389 $ 2,079,000 $
03/24/2026 Item No.13.
District: Broadstone December 31, 2025
Fund Balance:
Fiscal Year: 2026-27 $157,078
Calendar Repayment
Year Year Amount (1)
2026 1 $0.00
2027 2 0.00
2028 3 0.00
2029 4 0.00
2030 5 0.00
2031 6 0.00
2032 7 0.00
2033 8 0.00
2034 9 0.00
2035 10 0.00
2036 11 0.00
2037 12 0.00
2038 13 0.00
2039 14 0.00
2040 15 0.00
Total: $0.00
Sample Amortization Schedule
15-Year Amortization of Repayment Amount
(1) Based on the current available fund balance, this is the amount that would need to be paid back each year over 15 years to repay the current funding deficit within the District. If no deficit exists, no annual repayment would be required. Page 600
03/24/2026 Item No.13.
Improvement Costs:General Maintenance CostsScheduledUnscheduledStreetlightsIrrigation Service CostsElectricalWater
Current Year Improvement ProjectsNo Planned Improvement ProjectsSubtotal:
Incidental Costs:Professional Services (Engineer's Report and IP)Contract Services (All Other Contracts and Services)Publications/Mailings/CommunicationsStaffOverheadCounty Auditor FeeSubtotal:
Total Improvement CostsTotal Maximum Assessment RevenueReserve Fund Collection / (Contribution)Rounding AdjustmentsBalance to Assess to District Properties Actual Assessment per SFEMaximum Assessment per SFEParcels LeviedSFE Benefit Units Reserve Fund Balance Analysis:Beginning Reserve Fund Balance (December 31, 2025)Estimated Revenue (through December 31, 2026)Estimated Costs (through December 31, 2026)Installment Costs ReserveNet Available Fund BalanceContributions from Other SourcesReserve Fund Collection / (Contribution)Estimated Reserve Fund Balance (June 30, 2027) Installment Costs Short‐Term Installment Plan (Previously Collected)Long‐Term Installment Plan (Previously Collected)Short‐Term Installment Plan (Collected this Year)Long‐Term Installment Plan (Collected this Year)Total Installment Costs $0.000.0020,000.000.00
2,500.000.00
0.00$22,500.00
$1,140.000.000.0010,985.96313.00464.90$12,903.86
$35,403.8639,870.044,466.180.00$39,870.04
$44.21$44.21585901.83
$42,958.0038,256.88(35,403.86)(31,270.18)$14,540.840.004,466.18$19,007.02 $0.0024,664.000.006,606.18$31,270.18
Broadstone No. 3Fiscal Year 2026/27 Cost Estimate
03/24/2026 Item No.13.
Installment Summary
District Broadstone No. 3
Fiscal Year 2026-27
Short Term Installment Summary
Yearly Prior Years Year 1 Year 2 Year 3 Year 4 Year 5 Approx.
Project Installment Collections 2026 2027 2028 2029 2030 Total Required None
Short Term Installment Summary Totals: -$ -$ -$ -$ -$ -$ -$ -$ Long Term Installment Summary
Yearly Prior Years Year 1 Years 2-5 Years 5-10 Years 10-20 Years 20-30 Approx.
Project Installment Collections 2018 2019-2022 2023-2027 2028-2037 2038-2047 Total Required Paint Streetlight Poles (350 Poles) 1,389 $ 19,447 $ 1,667 $ 6,668 $ 7,222 $ 13,88 8 $ 13,888 $ 50,000 $ Streetlight Pole Replacements (12) 5,217 $ 5,217 $ -$ -$ 15,652 $ 52,174 $ 52,174 $ 120,000 $ Long Term Installment Summary Totals: 6,606 $ 24,664 $ 1,667 $ 6,668 $ 22,874 $ 66,062 $ 66,062 $ 170,000 $
03/24/2026 Item No.13.
District: Broadstone No. 3 December 31, 2025
Fund Balance:
Fiscal Year: 2026-27 $42,958
Calendar Repayment
Year Year Amount (1)
2026 1 $0.00
2027 2 0.00
2028 3 0.00
2029 4 0.00
2030 5 0.00
2031 6 0.00
2032 7 0.00
2033 8 0.00
2034 9 0.00
2035 10 0.00
2036 11 0.00
2037 12 0.00
2038 13 0.00
2039 14 0.00
2040 15 0.00
Total: $0.00
Sample Amortization Schedule
15-Year Amortization of Repayment Amount
(1) Based on the current available fund balance, this is the amount that would need to be paid back each year over 15 years to repay the current funding deficit within the District. If no deficit exists, no annual repayment would be required.
03/24/2026 Item No.13.
Improvement Costs:General Maintenance CostsScheduledUnscheduledStreetlightsIrrigation Service CostsElectricalWater
Current Year Improvement ProjectsNo Planned Improvement ProjectsSubtotal:
Incidental Costs:Professional Services (Engineer's Report and IP)Contract Services (All Other Contracts and Services)Publications/Mailings/CommunicationsStaffOverheadCounty Auditor FeeSubtotal:
Total Improvement CostsTotal Maximum Assessment RevenueReserve Fund Collection / (Contribution)Rounding AdjustmentsBalance to Assess to District Properties Actual Assessment per SFEMaximum Assessment per SFEParcels LeviedSFE Benefit Units Reserve Fund Balance Analysis:Beginning Reserve Fund Balance (December 31, 2025)Estimated Revenue (through December 31, 2026)Estimated Costs (through December 31, 2026)Installment Costs ReserveNet Available Fund BalanceContributions from Other SourcesReserve Fund Collection / (Contribution)Estimated Reserve Fund Balance (June 30, 2027) Installment Costs Short‐Term Installment Plan (Previously Collected)Long‐Term Installment Plan (Previously Collected)Short‐Term Installment Plan (Collected this Year)Long‐Term Installment Plan (Collected this Year)Total Installment Costs $149,405.000.000.000.00
0.000.00
0.00$149,405.00
$1,140.000.000.000.006,883.001,570.46$9,593.46
$158,998.46109,293.65(49,704.81)0.00$109,293.65
$42.92$42.922,0792,546.32
($959,234.23)105,453.34(158,998.46)(359,400.00)($1,372,179.35)0.00(49,704.81)($1,421,884.16) $110,100.0079,000.0091,300.0079,000.00$359,400.00
Broadstone No. 4Fiscal Year 2026/27 Cost Estimate
03/24/2026 Item No.13.
Installment Summary
District Broadstone No. 4
Fiscal Year 2026-27
Short Term Installment Summary
Yearly Prior Years Year 1 Year 2 Year 3 Year 4 Year 5 Approx.
Project Installment Collections 2026 2027 2028 2029 2030 Total Required Repair Irrigation / Replant Shrubs Rathbone, Knofler,
other Interior Areas 8,800 $ 23,600 $ 8,800 $ 8,800 $ 8,800 $ - $ - $ 50,000 $ Landscape Light Repair / Replacement (60 Lights) 500 $ 4,500 $ 500 $ 500 $ 500 $ - $ - $ 6,000 $ Tree pruning year 1 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 30,000 $ Tree pruning year 2 16,000 $ 16,000 $ 16,000 $ 16,000 $ 16,000 $ 16,000 $ 8 0,000 $ Tree pruning year 3 18,000 $ 18,000 $ 18,000 $ 18,000 $ 18,000 $ 18,000 $ 9 0,000 $ Tree pruning year 4 16,000 $ 16,000 $ 16,000 $ 16,000 $ 16,000 $ 16,000 $ 8 0,000 $ Tree pruning year 5 16,000 $ 16,000 $ 16,000 $ 16,000 $ 16,000 $ 16,000 $ 8 0,000 $ Ladder fuel 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 5 0,000 $ Short Term Installment Summary Totals: 91,300 $ 110,100 $ 91,300 $ 91,300 $ 91,300 $ 82,000 $ -$ 466,000 $ Long Term Installment Summary
Yearly Prior Years Year 1 Years 2-5 Years 5-10 Years 10-20 Years 20-30 Approx.
Project Installment Collections 2018 2019-2022 2023-2027 2028-2037 2038-2047 Total Required Fence Replacement at Retention Areas 2,478 $ 2,478 $ -$ -$ 7,435 $ 24,783 $ 24,783 $ 57,000 $ Streetlight Pole Replacements (25) 10,870 $ 10,870 $ -$ -$ 32,609 $ 108,696 $ 108,696 $ 250,000 $ Redwood removals adjacent to soundwall (400+) 56,522 $ 56,522 $ -$ -$ 169,565 $ 565,217 $ 565,217 $ 1,300,000 $ Redwood replacements (400+) 6,087 $ 6,087 $ -$ -$ 18,261 $ 60,870 $ 60,870 $ 140,000 $ Post and cable replacement 3,043 $ 3,043 $ -$ -$ 9,130 $ 30,435 $ 30,435 $ 70,000 $ Long Term Installment Summary Totals: 79,000 $ 79,000 $ -$ -$ 237,000 $ 790,000 $ 790,000 $ 1,817,000 $
03/24/2026 Item No.13.
District: Broadstone No. 4 December 31, 2025
Fund Balance:
Fiscal Year: 2026-27 ($959,234)
Calendar Repayment
Year Year Amount (1)
2026 1 ($63,948.95)
2027 2 (63,948.95)
2028 3 (63,948.95)
2029 4 (63,948.95)
2030 5 (63,948.95)
2031 6 (63,948.95)
2032 7 (63,948.95)
2033 8 (63,948.95)
2034 9 (63,948.95)
2035 10 (63,948.95)
2036 11 (63,948.95)
2037 12 (63,948.95)
2038 13 (63,948.95)
2039 14 (63,948.95)
2040 15 (63,948.95)
Total: ($959,234.23)
Sample Amortization Schedule
15-Year Amortization of Repayment Amount
(1) Based on the current available fund balance, this is the amount that would need to be paid back each year over 15 years to repay the current funding deficit within the District. If no deficit exists, no annual repayment would be required.
03/24/2026 Item No.13.
Improvement Costs:General Maintenance CostsScheduledUnscheduledStreetlightsIrrigation Service CostsElectricalWater
Current Year Improvement ProjectsNo Planned Improvement ProjectsSubtotal:
Incidental Costs:Professional Services (Engineer's Report and IP)Contract Services (All Other Contracts and Services)Publications/Mailings/CommunicationsStaffOverheadCounty Auditor FeeSubtotal:
Total Improvement CostsTotal Maximum Assessment RevenueReserve Fund Collection / (Contribution)Rounding AdjustmentsBalance to Assess to District Properties Actual Assessment per SFEMaximum Assessment per SFEParcels LeviedSFE Benefit Units Reserve Fund Balance Analysis:Beginning Reserve Fund Balance (December 31, 2025)Estimated Revenue (through December 31, 2026)Estimated Costs (through December 31, 2026)Installment Costs ReserveNet Available Fund BalanceContributions from Other SourcesReserve Fund Collection / (Contribution)Estimated Reserve Fund Balance (June 30, 2027) Installment Costs Short‐Term Installment Plan (Previously Collected)Long‐Term Installment Plan (Previously Collected)Short‐Term Installment Plan (Collected this Year)Long‐Term Installment Plan (Collected this Year)Total Installment Costs $25,219.005,000.001,800.002,400.00
2,850.0011,500.00
0.00$48,769.00
$1,140.000.000.0015,796.58939.00319.86$18,195.44
$66,964.4444,011.46(22,952.98)0.00$44,011.46
$113.14$113.14389389.00
($86,194.87)44,011.46(66,964.44)(252,818.05)($361,965.90)0.00(22,952.98)($384,918.88) $100,400.00134,657.0010,400.007,361.05$252,818.05
Cobble Hills II / Reflections IIFiscal Year 2026/27 Cost Estimate
03/24/2026 Item No.13.
Installment Summary
District Cobble Hills II/Reflections II
Fiscal Year 2026-27
Short Term Installment Summary
Yearly Prior Years Year 1 Year 2 Year 3 Year 4 Year 5 Approx.
Project Installment Collections 2026 2027 2028 2029 2030 Total Required Tree and Landscape Improvements / Replacement 50,000 $ - $ - $ - $ - $ - $ 50,000 $ Mini Park & Path Turf and Shrub Repair / Replacement - $ 40,000 $ - $ - $ - $ - $ - $ 40,000 $ Tree pruning year 1 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 15,000 $ Tree pruning year 2 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Tree pruning year 3 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Tree pruning year 4 1,400 $ 1,400 $ 1,400 $ 1,400 $ 1,400 $ 1,400 $ 7,000 $ Tree pruning year 5 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Short Term Installment Summary Totals: 10,400 $ 100,400 $ 10,400 $ 10,400 $ 10,400 $ 10,400 $ -$ 142,000 $ Long Term Installment Summary
Yearly Prior Years Year 1 Years 2-5 Years 5-10 Years 10-20 Years 20-30 Approx.
Project Installment Collections 2018 2019-2022 2023-2027 2028-2037 2038-2047 Total Required Fence Repair / Replacement (225 feet) - $ 10,000 $ 1,000 $ 4,000 $ 1,000 $ - $ - $ 10,000 $ Wall Repairs and Painting (628 feet) - $ 40,000 $ 1,000 $ 2,500 $ - $ - $ - $ 40,000$ Shrub Replacement - Glenn / Oxburough 938 $ 44,376 $ 5,000 $ 20,000 $ 8,750 $ 9,375 $ 9,375 $ 65,000 $ Shrub Replacement - Sibley and Corner 333 $ 7,666 $ 1,000 $ 4,000 $ 2,333 $ 3,33 3 $ 3,333 $ 15,000 $ Signage Repair / Replacement - $ 8,000 $ 1,000 $ 4,000 $ 500 $ - $ - $ 8,000 $ Tree and Landscape Improvements / Replacements 1,525 $ 20,050 $ 2,000 $ 8,000 $ 8,100 $ 15,250 $ 15,250 $ 53,600 $ Irrigation controller replacements (5) 3,261 $ 3,261 $ - $ - $ 9,783 $ 32,609 $ 32,609 $ 75,000 $ Streetlight Pole Replacements (3) 1,304 $ 1,304 $ - $ - $ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Long Term Installment Summary Totals: 7,361 $ 134,657 $ 11,000 $ 42,500 $ 34,379 $ 73,610 $ 73,610 $ 296,600 $