Folsom City Council
April 14, 2026

04/14/2026 Item No.15.

Resolution No. 11318

CONDITIONS OF APPROVAL FOR THE ALDER CREEK WEST LLTSM PROJECT (SUBP24-00233)

NORTH OF WHITE ROCK ROAD, EAST AND WEST OF OAK AVENUE PARKWAY

LARGE-LOT TENTATIVE SUBDIVISION MAP
Mitigation
Measure
When
Required
Responsible
Department

20. Digital Map Copy
Upon recordation of the Final Map, the owner/applicant shall provide a digital copy of the recorded Final Map (in AutoCAD format) to the Community Development Department.

OG

CD (E)

21. Bikeway Plan
Upon recordation of the Final Map, Applicant/Owner shall dedicate easements for Class I trails and Class II bike lanes as shown on Figure 7.32 – Bikeway Plan of the FPASP, as applicable to the project area. Easement areas shall be shown on the Final Map to the satisfaction of the Community Development Department.

M

CD (P)(E)

22. Backbone Infrastructure
The owner/applicant and all subsequent applicants, heirs, and successors with intention of further subdividing the large lots established herein are required to provide to the Community Development Department for review and approval by the City Engineer a Backbone Infrastructure Plan. Acknowledging Condition of Approval #3 above conveying no development rights with this approval, this condition applies to all subsequent subdivision and parcel maps where development is intended, including but not limited to, all commercial, housing, condominium and townhome projects.

Additional studies and supporting documentation may also be required as part of that future effort.

For such subsequent mapping, and as provided for in the ARDA, Amendment No. 1, and the FPASP, the owner/applicant shall provide fully executed grant deeds, legal descriptions, and plats for all necessary rights of way, public utility easements, public water main easements, public sewer easements, oak woodland preserves, park dedications, future circulation elements, hydraulic infrastructure dedication, irrevocable offers of dedication and temporary construction easement. All required easements as listed necessary for the Backbone Infrastructure shall be reviewed and approved by the City Engineer and recorded with the Sacramento County Recorder pursuant to the timing requirements set for in Section 3.8 of the ARDA and any amendments thereto.

M CDD(E), EWR, PW,
PR, FD
Docusign Envelope ID: F7EDFCE4-1033-4CDC-B8A0-2C1AB169B545

04/14/2026 Item No.15.

Resolution No. 11318

CONDITIONS OF APPROVAL FOR THE ALDER CREEK WEST LLTSM PROJECT (SUBP24-00233)

NORTH OF WHITE ROCK ROAD, EAST AND WEST OF OAK AVENUE PARKWAY

LARGE-LOT TENTATIVE SUBDIVISION MAP
Mitigation
Measure
When
Required
Responsible
Department

23. Phasing Plan
This condition applies to all future small lot subdivision maps. For subsequent small lot tentative subdivision maps, the owner/applicant shall prepare a complete and comprehensive phasing plan and shall submit the phasing plan to the City for each proposed phase of development. The phasing plan shall include all required infrastructure for each proposed phase of development. The infrastructure shall include all required on-site and off-site improvements, but not limited to, water system improvements (distribution and transmission mains, booster pump stations, water reservoirs, tanks, pumps, PRV stations, etc.), sanitary sewer improvements (sewer mains, lift stations, forced mains, etc.) roadway and transportation improvements, storm drainage improvements (detention/water quality basins, outfalls, etc.) and all other necessary improvements required for each phase of development. The phasing plan shall include itemized cost estimates for all required improvements and the phasing plan shall be reviewed and approved by the City.

The City Engineer may condition infrastructure phasing to ensure that each phase functions independently and is consistent with the minimum utility and access standards of the City. All maps filed in phases will be required to have two points of access for emergency vehicle access and/or general traffic purposes and all off-site utilities deemed necessary as determined by the City Engineer. Improvement plans for all future phases that include half sections of local residential streets shall include a minimum of 15 feet of pavement over the centerline, to allow two-way traffic and shall be subject to approval of the Community Development Department and Fire Department. The City will not dictate the order of the phasing except that the first phase shall construct necessary supporting backbone infrastructure to that phase.

M CDD(E), EWR, PW,
FD

SMUD REQUIREMENTS

24. The applicant shall comply with conditions 1-18 of the attached letter from SMUD dated April 4, 2024, provided in Attachment 7 to the December 18, 2024, Planning Commission staff report.

M, OG CD (E)

PG&E REQUIREMENTS
Docusign Envelope ID: F7EDFCE4-1033-4CDC-B8A0-2C1AB169B545

04/14/2026 Item No.15.

Resolution No. 11318

CONDITIONS OF APPROVAL FOR THE ALDER CREEK WEST LLTSM PROJECT (SUBP24-00233)

NORTH OF WHITE ROCK ROAD, EAST AND WEST OF OAK AVENUE PARKWAY

LARGE-LOT TENTATIVE SUBDIVISION MAP
Mitigation
Measure
When
Required
Responsible
Department

25. The applicant shall comply with conditions from Pacific Gas & Electric conditions 1-13 of the attached letter dated September 26, 2024, as applicable on future mapping and entitlements (refer to Attachment 8 to the December 18, 2024, Planning Commission staff report).

M, OG CD (E)

RESPONSIBLE DEPARTMENT

WHEN REQUIRED
CD
(P)
(E)
(B)
Community Development Department
Planning Division
Engineering Division
Building Division
I Prior to approval of Improvement Plans
M Prior to approval of Final Map
B Prior to issuance of first Building Permit
O Prior to approval of Occupancy Permit
PW Public Works Department G Prior to issuance of Grading Permit PR Park and Recreation Department DC During construction PD Police Department OG On-going requirement
FD Fire Department

Docusign Envelope ID: F7EDFCE4-1033-4CDC-B8A0-2C1AB169B545

04/14/2026 Item No.15.

Folsom City Council
Staff Report

1 MEETING DATE:

4/14/2026
AGENDA SECTION:

Public Hearing
SUBJECT: Resolution No. 11591 - A Resolution Approving the F inal Engineer’s Report, Confirming the Diagrams and Assessments, and Ordering the Continued Levying of Assessments for M aintenance and Servicing of Improvements Within the City of Fo lsom Landscaping and Lighting Districts for Fiscal Year 2026-27 for American River Canyon North, American River Canyon North No. 2, American River Canyon North No. 3, Blue Ravine O aks, Blue Ravine Oaks No. 2, Briggs Ranch, Broadstone, Broads tone No. 4, Broadstone Unit No. 3, Cobble Ridge, Cobble Hills R idge II/Reflections II, Folsom Heights, Folsom Heights No. 2, Hannaford Cross, Lake Natoma Shores, Los Cerros, Natoma Stati on, 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 R iver 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 conduct a public hearing and adopt Resolution No. 11591 - A Resolution Approving the Final Engineer’s Report, C onfirming the Diagrams and Assessments, and Ordering the Continued Levying of Assessments f or Maintenance and Servicing of Improvements Within the City of Folsom Landscaping and Lighting Districts for Fiscal Year 2026- 27 for American River Canyon North, American River Canyon North No. 2, American River Canyon North No. 3, Blue Ravine Oaks, Blue Ravine O aks No. 2, Briggs Ranch, Broadstone, Broadstone No. 4, Broadstone Unit No. 3, Cobble Rid ge, Cobble Hills Ridge II/Reflections II, Folsom Heights, Folsom Heights No. 2, Hannaford Cro ss, Lake Natoma Shores, Los Cerros, Natoma Station, Natoma Valley, Prairie Oaks Ranch, Prairie Oaks Ranch No. 2, Prospect Ridge, Sierra Estates, Silverbrook, Steeplechase, The Resi dences at American River Canyon, The

04/14/2026 Item No.16.
2 Residences at American River Canyon II, Willow Cree k Estates East, Willow Creek Estates East No. 2, Willow Creek Estates South, and Willow Springs.

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 Districts in one report and is being submitted for final approval to the City Council. The Annual Engineer’s Report process is a three-step process, and we are in the final step.

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 Final 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 financial responsibility. Operating deficits can be reduced through annual reserve fund collections or by reducing services provided by the District. The chart referenced below appears on pages 44 and 45 of the April 2026 Final Engineers Report for: Fiscal Year 2026/27.

04/14/2026 Item No.16.
3 Table A - Revenue and Expenses

(1) Represents assessment revenue collections received by the City after 12/31/2025.

Last year, Council directed staff to prepare a sample amortization schedule (Table B) outlining the repayment of debt associated with the underfunded Landscaping and Lighting Districts over 15 years. The schedule illustrates 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 District expenses and assessments collected.

American River Canyon North $ 105,205 $ 76,844 $ 28,360 $ (216,217) $ 28,3 60 $ 105,205 (76,844) $ (73,554) $ (23 3,050) $ American River Canyon North No. 2 $ 12,432 $ 7,927 $ 4,505 $ 211,221 $ 4,505 $ 12,432 (7,927) $ (225,5 25) $ (5,293) $ American River Canyon North No. 3 $ 305,313 $ 313,330 $ (8,017) $ 686,454 $ (8,017) $ 296,409 (313,330) $ (780,586) $ (119,069) $ Blue Ravine Oaks $ 36,069 $ 28,495 $ 7,574 $ 155,085 $ 7,574 $ 36,069 (28,495) $ (141,590) $ 28,644 $ Blue Ravine Oaks No. 2 $ 19,419 $ 35,2 50 $ (15,831) $ 80,704 $ (15,831) $ 18,853 (35,250) $ (135,987) $ (87,51 0) $ Briggs Ranch $ 80,575 $ 135,208 $ (54,633) $ (276,809) $ (54,633) $ 80, 575 (135,208) $ (283,764) $ (669,838) $ Broads tone $ 398,936 $ 577,541 $ (178, 605) $ 157,078 $ (178,605) $ 395,641 (5 77,541) $ (406,584) $ (610,011) $ Broads tone No. 3 $ 39,870 $ 35,404 $ 4,466 $ 42,958 $ 4,466 $ 38,257 (35,404) $ (31,270) $ 19,007 $ Broads tone No. 4 $ 109,294 $ 158,998 $ (49,705) $ (959,234) $ (49,705) $ 10 5,453 (158,998) $ (359,400) $ (1,421,884) $ Cobble Hill s II/Reflections II $ 44,011 $ 66,964 $ (22,953) $ (111,408) $ ( 22,953) $ 44,011 (66,964) $ (252,818) $ (410,132) $ Cobble Ridge $ 9,295 $ 18,590 $ (9,295) $ 135,522 $ (9,295) $ 11,182 (18,590) $ (45,101) $ 73,718 $ Fols om Heights $ 21,831 $ 16,554 $ 5,277 $ 62,308 $ 5,277 $ 21,831 (16,554) $ (18,608) $ 54,254 $ Fols om Heights No. 2 $ 78,940 $ 82,106 $ (3,166) $ 282,051 $ (3,166) $ 76,643 (82,106) $ (182,786) $ 90,636 $ Hannaford Cros s $ 20,165 $ 74,647 $ (54,482) $ (66,477) $ (54,482) $ 20,165 (74,647) $ (55,337) $ (230,778) $ Lake Natoma Shores $ 20,745 $ 35,967 $ (15,222) $ 60,729 $ (15,222) $ 20,745 (35,967) $ (32,555) $ (2,271) $ Los Cerros $ 40,838 $ 61,916 $ ( 21,078) $ 68,314 $ (21,078) $ 40, 838 (61,916) $ (61,581) $ (35,424) $ Natoma Station $ 170,294 $ 147,366 $ 22,928 $ (822,308) $ 22,928 $ 170, 279 (147,366) $ (643,648) $ (1,420,114) $ Natoma Vall ey $ 28,801 $ 57,601 $ (28,801) $ 255,769 $ (28,801) $ 3 0,096 (57,601) $ (76,048) $ 123,415 $ Prairie Oaks Ranch $ 196,229 $ 136,845 $ 59,384 $ (508,345) $ 59,384 $ 196,220 (136,845) $ (13,044) $ (402,630) $ Prairie Oaks Ranch No. 2 $ 327,292 $ 225,3 73 $ 101,919 $ 239,414 $ 101,919 $ 317,758 (225,373) $ (350,519) $ 83,198 $ Pros pect Ridge $ 48,641 $ 34,037 $ 14,605 $ 55,257 $ 14,605 $ 47,207 (34,037) $ (175,923) $ (92,891) $ Sierra Es tates $ 11,760 $ 13,777 $ (2,017) $ 4,142 $ (2,017) $ 24,283 (13,777) $ (11,522) $ 1,110 $ Silverbrook $ 15,491 $ 12,599 $ 2,891 $ 95,694 $ 2,891 $ 13,150 (12,599) $ (108,194) $ (9,058) $ Steeplechase $ 24,283 $ 33,518 $ (9,236) $ 6,628 $ (9,236) $ 16,066 (33,518) $ (47,292) $ (67,352) $ The Resi dences at American Ri ver Canyon $ 13, 549 $ 27,665 $ (14,116) $ 44,152 $ (14,116) $ 11,413 (27,665) $ (35 ,326) $ (21,542) $ The Resi dences at American Ri ver Canyon II $ 16,553 $ 27,660 $ (11,106) $ 44, 152 $ (11,106) $ 15,485 (27,660) $ (35,326) $ (14,455) $ Will ow Creek Es tates Eas t $ 60,059 $ 2 6,363 $ 33,696 $ (52,224) $ 33,6 96 $ 60,059 (26,363) $ (36,522) $ (2 1,354) $ Will ow Creek Es tates Eas t No. 2 $ 87,240 $ 98,515 $ (11,274) $ 38,487 $ (11,274) $ 84,664 (98,515) $ (249,547) $ (236,185) $ Will ow Creek Es tates South $ 160,505 $ 238 ,478 $ (77,973) $ 266,570 $ (77,973 ) $ 160,505 (238,478) $ (264,978) $ (154,35 4) $ Will ow Springs $ 14,548 $ 19,066 $ (4,518) $ 2,537 $ (4,518) $ 14,548 (19,066) $ (3,478) $ (9,977) $ Estimated
Reserve Fund
Balance (June
30,2027)
District
Fund Balance
December
31, 2025
Estimated
Revenue
(through
December
31, 2026)
(1)
Estimated
Reserves
(through
December
31, 2026)
Installment
Costs
Reserve
FY2026/27
Assessment
Revenue
FY2026/27
Total
Expenses
FY2026/27
Revenue Less
Expenses
FY2026/27
Reserve Fund
Collection /
(Contribution)
FY2026/27

04/14/2026 Item No.16.
4 Table B – Sample Amortization Schedule

On March 24, 2026, the City Council adopted Resolution No. 11580 - A Resolution Approving the Preliminary Engineer's Report for the Following Landscaping and Lighting Districts for Fiscal Year 2026-2027 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 Il/Reflections II, Folsom Heights, Folsom Heights No. 2,

04/14/2026 Item No.16.
5 Hannaford Cross, Lake Natoma Shores, Los Cerros, Natoma Station, Natoma Valley, Prairie Oaks Ranch, Prairie Oaks Ranch No. 2, Prospect Ridge, Siena 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. The Engineer’s Report for the City of Folsom Landscaping and Lighting (L&L) Districts addresses the annual assessment for each of the city’s 30 existing Landscaping and Lighting Districts.

The attached resolution approves the Final Engineer’s Report for the thirty Districts, Confirming the Diagrams and Assessments, and Ordering the Continued Levying of Assessments for Maintenance and Servicing of Improvements Within the City of Folsom Landscaping and Lighting Districts for Fiscal Year 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.

Natomas Station Landscaping and Lighting District
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 scena rio, 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 conne ction with the Proposition 218 ballot proceedings for the proposed Natoma Station Mainten ance 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 Assessme nt 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 assume d 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 Lighting 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.

04/14/2026 Item No.16.
6 POLICY / RULE

Pursuant to Streets and Highways Code Section 22586, an annual Engineer’s Report shall be filed with the City Clerk. The City Council is also required to adopt a resolution confirming the diagram and assessment under Section 22631 of the Streets and Highways Code.

Pursuant to Streets and Highways Code Section 22656, if there is a surplus or a deficit in the improvement fund of an assessment District at the end of any fiscal year, the surplus or deficit shall be carried forward to the next annual assessment to be levied within such District and applied as a credit or a debit, as the case may be, against such assessment.

ANALYSIS

The Preliminary Engineer’s Report, approved by Resolution No. 11580, described the maintenance and servicing to be performed in the city’s 30 Landscaping and Lighting Districts for Fiscal Year 2026-27. The establishment of annual assessments for each of the Districts requires a resolution confirming the diagram and assessment. The Engineer’s Report complies with the Landscaping and Lighting Act of 1972, including but not limited to Sections 22565 et seq (preparing a report that complies with the article), and Sections 22660 and 22662 (regarding annual installments procedures/process).

While the staff was reviewing both the Preliminary Engineer’s Report and the Final Engineer’s Report, several updates were identified and incorporated into the Final Engineer’s Report.

Changes from the FY2026/27 Preliminary Engineer’s Report: these updates include the following adjustments to contract services and maintenance budgets:

District
Preliminary
Engineers
Budget
Final Engineers
Budget Adjustment Description
Natoma Station 10,000 $ - $ (10,0 00) $ Reduction in C ontract Services, Prop 218
completed in FY2025/26
Briggs Ranch 60,000 $ - $ (60,000 ) $ Reduction in C ontract Services, Prop 218
budgeted and encumbered in FY2025/26
Broadstone 60,000 $ 70,000 $ 10,000 $
Increase in C ontract Services, Prop 218
adjusted based on bid price
Hannaford C ross 60,000 $ 43,200 $ (16,80 0) $ Reduction in C ontract Services, Prop 218
adjusted based on bid price
American River C anyon North No.3 73,000 $ 93,0 00 $ 20,000 $ Increased Unscheduled Maintenance to meet
service demands

04/14/2026 Item No.16.
7 Additionally, the Cash on Claim (Fund balance) as o f December 31, 2025, were updated for accuracy in the Final Engineer’s Report.

The revised balances are as follows:

These revisions ensure that the Final Engineer’s Re port accurately reflects current budget needs and fund balances, providing a reliable basis for a ssessment considerations and maintaining appropriate service levels across the districts.

Assessment of Properties
The assessment rate for properties within each Dist rict 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 insta llments collected pursuant to Section 22660 of the Streets and Highways Code to meet the Districts’ anticipated future repair and replacement needs, expected to occur within an approximate 5-ye ar 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 contin ue to focus on improvements and restorations that enhance each District’s commitment to water co nservation, prolonging asset life, drought- tolerant landscaping, fire safety, and tree stewardship. As such, some Districts will be retrofitting and centralizing irrigation controllers, inventoryi ng street trees, replacing plant materials with water-wise varieties, and converting to LED streetlights. 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.

District
Preliminary
Engineers
Budget
Final Engineers
Budget Adjustment
American River C anyon North (209,611) $ (216,217) $ (6,606) $ Hannaford C ross (34,348) $ (66,477) $ (32, 129) $ C obble Hills II/Reflections II (86,195) $ (111, 408) $ (25,213) $ C obble Ridge 120,273 $ 135,522 $ 15,249 $
Lake Natoma Shores 80,710 $ 60,729 $ (19 ,981) $ Natoma Valley 239,279 $ 255,769 $ 16,490 $
Prairie Oaks Ranch No.2 64,067 $ 239,414 $ 175,346 $ Sierra Estates 12029.89 4,142 $ (7,888) $

04/14/2026 Item No.16.
8 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. Staff mailed notices to residents of Briggs Ranch and Hannaford Cross informing them that their Districts are underfunded and invited them to attend the April 14, 2026, Public Hearing. 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 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 outreach r elated to a new assessment overlay District include Cobble Ridge II/Reflections II (32 years ol d) 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 c over immediate needs in the first five years through a higher assessment, followed by a reduced assessment level for ongoing maintenance.

This reduced assessment level is insufficient to ad dress the District's long-term maintenance and renovation needs.

Steeplechase, Blue Ravine Oaks & Blue Ravine Oaks N o.2 (The Shores), Willow Creek Estates East & Willow Creek Estates East No.2, Willow Creek Estates South (Lexington Hills), Los Cerros, Lake Natoma Shores (The Preserves), Willow Springs, and Sierra Estates have been identified as having projected budget revenue short falls 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 will req uire outreach efforts and consideration of new or increased property assessments in accordance with Proposition 218 procedures.

Assessment Analysis
The comparison between fiscal years for the assessm ent costs involves evaluating the amount charged to property owners in each Landscape and Li ghting District during FY 2025-26 and comparing it to the newly proposed rates for FY 202 6-27. This analysis identifies whether assessment amounts have increased, decreased, or re mained 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 incr eases are anticipated, assessments may remain flat. The goal of this comparison is to maintain eq uitable, transparent funding for each district based on actual service needs and expenditures.

04/14/2026 Item No.16.
9 Table C – Assessment Analysis

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 removed from the tax roll (Union Square, because it has an HOA that manages the landscape areas.

Pursuant to Streets and Highways Code Section 22662 (b) as reflected in the Revenue and Expense Table, there are eight Districts with a negative fund balance as of December 31, 2025.

Staff is requesting that the Council provide a temporary advance from the Landscape and Lighting Districts' pooled cash account to the improvement funds of these Districts to fund the operational deficit and the negative fund balance, enabling staff to continue providing the minimum level of service pending Prop 218 proceedings. These advanced funds shall be directed

04/14/2026 Item No.16.
10 to be paid back at 0% interest over the next 15 fiscal years, commencing in FY 2026-2027 and concluding in FY 2040-2041. Staff has included amortization tables for each District to accompany the FY 2026-2027 engineers' report.

Staff received Council approval to utilize the Landscaping and Lighting Districts pooled cash account during Fiscal Year 2025-26 to provide a temporary advance to the improvement funds of these districts. This action addressed the operational deficit and negative fund balance, allowing staff to continue providing a minimum level of service pending Proposition 218 proceedings. If a majority protest is not received and the Proposition 218 assessment is approved in an underfunded district, repayment of the outstanding debt will commence in accordance with the established amortization schedule.

04/14/2026 Item No.16.
11 Table D – Proposed Assessments for FY 2026-27

American River Canyon North $102.94 $102.94 No Inflato r American River Canyon North No. 2 77.7 77.7 No Inflato r American River Canyon North No. 3 332.02 332.02 CPI NT E 3% Blue Ravine Oaks 218.6 218.6 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%
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 Inflat or Cobble Ridge 271.96 94.85 CPI
Folsom Heights 70.88 70.88 No Inflator
Folsom Heights No. 2 256.3 256.3 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. 2 363.9 363.9 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 80.4 80.4 No Inflator
Willow Creek Estates No. 2-Zone A&B 117.82 117.82 CPI NTE 4% Willow Creek Estates No. 2-Zone C 108.3 108.3 CPI NTE 4% Willow Creek Estates South 109.88 109.88 No Inflator
Willow Springs 28.14 28.14 No Inflator
District
FY 2026/27
Maximum
Authorized
Maximum
Assessment
Inflator
FY 2026/27
Proposed
Rate

04/14/2026 Item No.16.
12 ENVIRONMENTAL REVIEW

This action is exempt from environmental review under the California Environmental Quality Act (CEQA).

ATTACHMENTS

1. Resolution No. 11591 - A Resolution Approving the Final Engineer’s Report, Confirming the Diagrams and Assessments, and Ordering the Cont inued Levying of Assessments for Maintenance and Servicing of Improvements Within the City of Folsom Landscaping and Lighting Districts for Fiscal Year 2026-27 for Amer ican 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 Cany on, 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. Final Engineer’s Report – The City of Folsom Landsc aping and Lighting Districts, April 2026 for: Fiscal Year 2026/27

Submitted,

Kelly Gonzalez, Parks & Recreation Director

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Attachment 1

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Resolution No. 11591

RESOLUTION NO. 11591
A RESOLUTION APPROVING THE FINAL ENGINEER’S REPORT,

CONFIRMING THE DIAGRAMS AND ASSESSMENTS, AND ORDERING THE

CONTINUED LEVYING OF ASSESSMENTS FOR MAINTENANCE AND SERVICING

OF IMPROVEMENTS WITHIN THE CITY OF FOLSOM LANDSCAPING AND LIGHTING DISTRICTS FOR FISCAL YEAR 2026-2027 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 , On March 24, 2026, the City Council adopted Resolution No. 11580- A Resolution Approving the Preliminary Engineer’s Report for the Following Landscaping and Lighting Districts for Fiscal Year 2026-2027 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; and

WHEREAS, April 14, 2026, at 6:30 p.m. is the day and time set for hearing objections to the levying of said assessments as identified in Exhibit A attached to this resolution; and

WHEREAS , the Final Engineer’s Report for the Assessment Districts has been made, filed with the City Clerk, and considered by the City Council and is deemed sufficient and approved. The Final Engineer’s Report shall stand as the Engineer’s Report for all subsequent proceedings under and pursuant to this resolution, Section 22500, et. seq., of the California Streets and Highways Code and Article XIIID of the California Constitution.

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Resolution No. 11591

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FOL SOM DOES HEREBY RESOLVE AS FOLLOWS: The City Council finds that the Final Engineer’s Report for the Landscaping and Lighting Districts is in full compliance with the Landscaping and Lighting Act of 1972 and, based on said Report, adopts and approves the following actions:

1. Approve as submitted, the Final Engineer’s Report f iled with this City Clerk for the City of Folsom Landscaping and Lighting Districts for Fiscal Year 2026-2027.

2. Confirm and approve the diagrams and assessments as set forth in the City of Folsom Landscaping and Lighting Districts Final Engineer’s Report for Fiscal Year 2026-2027

3. Continue to order the levy of assessments as set fo rth in the City of Folsom Landscaping and Lighting Districts Final Engineer’s Report for Fiscal Year 2026-2027.

4. Order the maintenance and servicing of improvements as set forth in the City of Folsom Landscaping and Lighting Districts Final Engineer’s Report for Fiscal Year 2026-2027.

5. Ratify all prior temporary advances from the Landsc aping and Lighting Districts pooled cash account to the Landscaping and Lighting Districts that had insufficient assessments to pay for the costs of improvements, m aintenance, and services for the benefit of those Districts.

6. Direct the temporary advance of funds from the Land scaping and Lighting Districts pooled cash accounts to those eight districts with negative account balances to provide for the continued service levels. An amortization t able shall accompany the FY 2026- 2027 engineers report for repayment of debt at 0% i nterest over a 15-year period for each district.

7. Request that the Auditor of Sacramento County enter on the Sacramento County Assessment Roll the assessment for each lot or parc el of land in the amount indicated in the Final Engineer’s Report.

PASSED AND ADOPTED this 14 th day of April 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

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Resolution No. 11591

Exhibit A

OF RESOLUTION No. 11591

CITY OF FOLSOM

LANDSCAPING AND LIGHTING DISTRICTS
FISCAL YEAR 2026-2027

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Attachment 2

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nbsgov.com
Prepared by:

Final Engineer’s Report For: Fiscal Year 2026/27
Landscape and Lighting Assessment Districts
April 202 6

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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

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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.

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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;

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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. ”

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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 .”

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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.

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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.

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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.

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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.

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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.

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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.

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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).

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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:

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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).

04/14/2026 Item No.16.

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).

04/14/2026 Item No.16.

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. 3 228,070.00 0.00 85,259.54 313,329.54 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 31,764.85 135,207.85
Broadstone 441,000.00 0.00 136,541.06 577,541.06
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 48,310.15 74,647.15
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 47,065.91 147,365.91
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 $2,173,302.00 $0.00 $651,300.61 $2,824,602.61

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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%.

04/14/2026 Item No.16.

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

04/14/2026 Item No.16.

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

04/14/2026 Item No.16.

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:

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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

04/14/2026 Item No.16.

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:

04/14/2026 Item No.16.

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:

04/14/2026 Item No.16.

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:

04/14/2026 Item No.16.

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:

04/14/2026 Item No.16.

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:

04/14/2026 Item No.16.

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:

04/14/2026 Item No.16.

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

04/14/2026 Item No.16.

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%

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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 ($216,217.26) $28,360.40 $105,204.68 ($76,844.28) ($73,554.00) ($233,050.46) 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. 3 305,312.76 313,329.54 (8,016.78) 686,454.26 (8,016.78) 296,409.08 (313,329.54) (780,586.48) (119,069.46) 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 80,575.18 135,207.85 (54,632.67) (276,809.01) (54,632.67) 80,575.10 (135,207.85) (283,763.71) (669,838.13) Broadstone 398,935.66 577,541.06 (178,605.40) 157,077.90 (178,605.40) 395,641.38 (577,541.06) (406,583.94) (610,011.12) 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) (111,407.63) (22,952.98) 44,011.46 (66,964.44) (252,818.05) (410,131.64) Cobble Ridge 9,295.05 18,590.10 (9,295.05) 135,522.48 (9,295.05) 11,181.80 (18,590.10) (45,101.02) 73,718.11 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 74,647.15 (54,481.81) (66,477.14) (54,481.81) 20,165.34 (74,647.15) (55,337.48) (230,778.24) Lake Natoma Shores 20,744.54 35,966.77 (15,222.23) 60,728.92 (15,222.23) 20,744.54 (35,966.77) (32,555.32) (2,270.86) 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 170,293.55 147,365.91 22,927.64 (822,307.57) 22,927.64 170,279.44 (147,365.91) (643,647.96) (1,420,114.36) Natoma Valley 28,800.52 57,601.03 (28,800.52) 255,769.05 (28,800.52) 30,095.84 (57,601.03) (76,048.29) 123,415.06 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. 2 327,291.66 225,372.89 101,918.77 239,413.80 101,918.77 317,758.00 (225,372.89) (350,519.35) 83,198.33 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) 4,142.26 (2,017.01) 24,282.72 (13,776.51) (11,521.87) 1,109.59 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)

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

Improvement Costs:General Maintenance CostsScheduled $0.00Unscheduled 0.00Streetlights 0.00Irrigation 0.00 Service CostsElectrical 33,000.00Water 37,000.00
Current Year Improvement ProjectsNo Planned Improvement Projects0.00Subtotal: $70,000.00 Incidental Costs:Professional Services (Engineer's Report and IP)$1,140.00Contract Services (All Other Contracts and Services)0.00Publications/Mailings/Communications0.00Staff 0.00Overhead 4,916.00County Auditor Fee 788.28Subtotal: $6,844.28 Total Improvement Costs $76,844.28Total Maximum Assessment Revenue105,204.68Reserve Fund Collection / (Contribution)28,360.40Rounding Adjustments 0.00Balance to Assess to District Properties$105,204.68 Actual Assessment per SFE $102.94Maximum Assessment per SFE $102.94Parcels Levied 1,022SFE Benefit Units 1,022.00 Reserve Fund Balance Analysis:Beginning Reserve Fund Balance (December 31, 2025)($216,217.26)Estimated Revenue (through December 31, 2026)105,204.68Estimated Costs (through December 31, 2026)(76,844.28)Installment Costs Reserve (73,554.00)Net Available Fund Balance ($261,410.86)Contributions from Other Sources0.00Reserve Fund Collection / (Contribution)28,360.40Estimated Reserve Fund Balance (June 30, 2027)($233,050.46) Installment Costs Short‐Term Installment Plan (Previously Collected)$0.00Long‐Term Installment Plan (Previously Collected)66,342.00Short‐Term Installment Plan (Collected this Year)0.00Long‐Term Installment Plan (Collected this Year)7,212.00Total Installment Costs $73,554.00 American River Canyon NorthFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

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 $

04/14/2026 Item No.16.

District: American River
Canyon North
December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 ($216,217)
Calendar Repayment
Year Year Amount (1)
2026 1 ($14,414.48)
2027 2 (14,414.48)
2028 3 (14,414.48)
2029 4 (14,414.48)
2030 5 (14,414.48)
2031 6 (14,414.48)
2032 7 (14,414.48)
2033 8 (14,414.48)
2034 9 (14,414.48)
2035 10 (14,414.48)
2036 11 (14,414.48)
2037 12 (14,414.48)
2038 13 (14,414.48)
2039 14 (14,414.48)
2040 15 (14,414.48)
Total: ($216,217.26)
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. Page 449
04/14/2026 Item No.16.

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

04/14/2026 Item No.16.

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 $

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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 $113,610.0093,000.0013,500.007,500.00
460.000.00

0.00$228,070.00
$1,140.000.000.0077,852.265,479.00788.28$85,259.54
$313,329.54305,312.76(8,016.78)0.00$305,312.76
$332.02$332.021,022919.56
$686,454.26296,409.08(313,329.54)(780,586.48)($111,052.68)0.00(8,016.78)($119,069.46) $122,000.00562,043.0050,000.0046,543.48$780,586.48
American River Canyon North No. 3Fiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

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 $

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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

04/14/2026 Item No.16.

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 $

04/14/2026 Item No.16.

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 458
04/14/2026 Item No.16.

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. 2Fiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

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 $

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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
$1,140.000.000.0027,765.332,348.00511.52$31,764.85
$135,207.8580,575.18(54,632.67)0.00$80,575.18
$122.28$122.28648658.94
($276,809.01)80,575.10(135,207.85)(283,763.71)($615,205.47)0.00(54,632.67)($669,838.13) $118,100.00105,381.0043,300.0016,982.71$283,763.71
Briggs RanchFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

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 $

04/14/2026 Item No.16.

District: Briggs Ranch December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 ($276,809)
Calendar Repayment
Year Year Amount (1)
2026 1 ($18,453.93)
2027 2 (18,453.93)
2028 3 (18,453.93)
2029 4 (18,453.93)
2030 5 (18,453.93)
2031 6 (18,453.93)
2032 7 (18,453.93)
2033 8 (18,453.93)
2034 9 (18,453.93)
2035 10 (18,453.93)
2036 11 (18,453.93)
2037 12 (18,453.93)
2038 13 (18,453.93)
2039 14 (18,453.93)
2040 15 (18,453.93)
Total: ($276,809.01)
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 464
04/14/2026 Item No.16.

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
$1,140.0070,000.000.0058,936.604,894.001,570.46$136,541.06 $577,541.06398,935.66(178,605.40)0.00$398,935.66
$164.99$164.992,0792,417.94
$157,077.90395,641.38(577,541.06)(406,583.94)($431,405.72)0.00(178,605.40)($610,011.12) $56,700.00243,345.0023,100.0083,438.94$406,583.94
BroadstoneFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

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 $

04/14/2026 Item No.16.

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 467
04/14/2026 Item No.16.

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

04/14/2026 Item No.16.

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 $

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

Broadstone No. 4
Fiscal Year 2026/27 Cost Estimate
Improvement Costs:

General Maintenance Costs
Scheduled
Unscheduled
Streetlights
Irrigation
Service Costs
Electrical
Water
Current Year Improvement Projects
No Planned Improvement Projects
Subtotal:

Incidental Costs:

Professional Services (Engineer's Report and IP)
Contract Services (All Other Contracts and Services)
Publications/Mailings/Communications
Staff
Overhead
County Auditor Fee
Subtotal:

Total Improvement Costs
Total Maximum Assessment Revenue
Reserve Fund Collection / (Contribution)
Rounding Adjustments
Balance to Assess to District Properties
Actual Assessment per SFE
Maximum Assessment per SFE
Parcels Levied
SFE 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 Reserve
Net Available Fund Balance
Contributions from Other Sources
Reserve 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
$149,405.00

0.00 0.00

0.00 0.00

0.00 0.00
$149,405.00
$1,140.00

0.00 0.00

0.00 6,883.00
1,570.46
$9,593.46
$158,998.46
109,293.65
(49,704.81)

0.00 $109,293.65
$42.92
$42.92
2,079
2,546.32
($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)
$110,100.00
79,000.00
91,300.00
79,000.00
$359,400.00

04/14/2026 Item No.16.

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 $

04/14/2026 Item No.16.

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.

04/14/2026 Item No.16.

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
($111,407.63)44,011.46(66,964.44)(252,818.05)($387,178.66)0.00(22,952.98)($410,131.64) $100,400.00134,657.0010,400.007,361.05$252,818.05
Cobble Hills II/Reflections IIFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

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 $

04/14/2026 Item No.16.

District: Cobble Hills
II/Reflections II
December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 ($111,408)
Calendar Repayment
Year Year Amount (1)
2026 1 ($7,427.18)
2027 2 (7,427.18)
2028 3 (7,427.18)
2029 4 (7,427.18)
2030 5 (7,427.18)
2031 6 (7,427.18)
2032 7 (7,427.18)
2033 8 (7,427.18)
2034 9 (7,427.18)
2035 10 (7,427.18)
2036 11 (7,427.18)
2037 12 (7,427.18)
2038 13 (7,427.18)
2039 14 (7,427.18)
2040 15 (7,427.18)
Total: ($111,407.63)
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 476
04/14/2026 Item No.16.

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 $8,187.005,000.00500.00500.00

0.001,800.00

0.00$15,987.00
$1,140.000.000.001,028.58330.00104.52$2,603.10
$18,590.1026,652.86(9,295.05)0.00$9,295.05
$94.85$271.979898.00
$135,522.4811,181.80(18,590.10)(45,101.02)$83,013.160.00(9,295.05)$73,718.11 $6,000.0036,582.000.002,519.02$45,101.02
Cobble RidgeFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Cobble Ridge
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 pruning year 1 3,000 $ - $ - $ - $ - $ - $ 3,000 $ Tree pruning year 2 3,000 $ - $ - $ - $ - $ - $ 3,000 $ Short Term Installment Summary Totals: -$ 6,000 $ -$ -$ -$ -$ -$ 6,000 $ 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 - $ 20,000 $ 250 $ 1,000 $ 250 $ - $ - $ 20,000 $ Shrub Replacement 563 $ 7,626 $ 250 $ 1,000 $ 2,500 $ - $ - $ 20,000 $ Tubular Fence Replacement - $ 4,000 $ 250 $ 1,000 $ 250 $ - $ - $ 4,000 $ Tree and Landscape Improvements / Replacement - $ 3,000 $ 250 $ 1,000 $ 250 $ - $ - $ 3,000 $ Streetlight Pole Replacements (3) 1,304 $ 1,304 $ -$ -$ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Irrigation controller replacement 652 $ 652 $ -$ -$ 1,957 $ 6,522 $ 6,522 $ 15,000 $ Long Term Installment Summary Totals: 2,519 $ 36,582 $ 1,000 $ 4,000 $ 9,120 $ 19,565 $ 19,565 $ 92,000 $

04/14/2026 Item No.16.

District: Cobble Ridge December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $135,522
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 479
04/14/2026 Item No.16.

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 $0.000.003,000.001,200.00
4,700.005,900.00

0.00$14,800.00
$1,140.000.000.000.00354.00259.92$1,753.92
$16,553.9221,831.045,277.120.00$21,831.04
$70.88$70.88308308.00
$62,307.6321,831.04(16,553.92)(18,608.35)$48,976.400.005,277.12$54,253.52 $8,000.001,304.008,000.001,304.35$18,608.35
Folsom HeightsFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Folsom Heights
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 Ladder Fuel 8,000 $ 8,000 $ 8,000 $ 8,000 $ 8,000 $ 8,000 $ 40,000 $ Short Term Installment Summary Totals: 8,000 $ 8,000 $ 8,000 $ 8,000 $ 8,000 $ 8,000 $ -$ 40,000 $ 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 Streetlight Pole Replacements (3) 1,304 $ 1,304 $ -$ -$ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Long Term Installment Summary Totals: 1,304 $ 1,304 $ -$ -$ 3,913 $ 13,043 $ 13,043 $ 30,000 $

04/14/2026 Item No.16.

District: Folsom Heights December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $62,308
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.

04/14/2026 Item No.16.

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 $40,352.0028,000.000.000.00

0.000.00

0.00$68,352.00
$1,140.000.000.0010,139.192,215.00259.92$13,754.11
$82,106.1178,940.40(3,165.71)0.00$78,940.40
$256.30$256.30308308.00
$282,050.7776,642.72(82,106.11)(182,786.14)$93,801.240.00(3,165.71)$90,635.53 $12,600.00142,376.008,600.0019,210.14$182,786.14
Folsom Heights No. 2Fiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Folsom Heights 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 Fence Work 250 $ 2,250 $ - $ - $ - $ - $ - $ 2,000 $ Tree Care in Open Space 250 $ 2,250 $ 250 $ 250 $ 250 $ - $ - $ 3,000 $ Tree pruning year 1 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 15,000 $ Tree pruning year 2 1,400 $ 1,400 $ 1,400 $ 1,400 $ 1,400 $ 1,400 $ 7,000 $ Tree pruning year 3 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Tree pruning year 4 1,700 $ 1,700 $ 1,700 $ 1,700 $ 1,700 $ 1,700 $ 8,500 $ Short Term Installment Summary Totals: 8,600 $ 12,600 $ 8,350 $ 8,350 $ 8,350 $ 8,100 $ -$ 45,500 $ 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 Glenn Wall Repair 10,000 $ 90,000 $ 10,000 $ 40,000 $ 50,000 $ 100,000 $ 100,000 $ 250,000 $ Tree and Landscape Improvements (Vierra Circle) 3,333 $ 26,666 $ 3,333 $ 13,333 $ 16,667 $ 33,333 $ 33,333 $ 100,000 $ Landscape Replacement (Glenn Drive) 2,833 $ 22,666 $ 2,833 $ 11,333 $ 14,167 $ 28,333 $ 28,333 $ 85,000 $ Signage Replacement 435 $ 435 $ - $ - $ 1,304 $ 4,348 $ 4,348 $ 10,0 00 $ Irrigation controller replacements (4) 2,609 $ 2,609 $ - $ - $ 7,826 $ 26,087 $ 26,087 $ 60,000 $ Long Term Installment Summary Totals: 19,210 $ 142,376 $ 16,167 $ 64,667 $ 89,964 $ 192,101 $ 192,101 $ 505,000 $

04/14/2026 Item No.16.

District: Folsom Heights No. 2 December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $282,051
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.

04/14/2026 Item No.16.

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 $16,962.002,500.00700.00500.00
3,600.002,075.00

0.00$26,337.00
$1,140.0043,200.000.003,280.93581.00108.22$48,310.15
$74,647.1520,165.34(54,481.81)0.00$20,165.34
$195.78$195.78103103.00
($66,477.14)20,165.34(74,647.15)(55,337.48)($176,296.43)0.00(54,481.81)($230,778.24) $31,000.008,044.008,250.008,043.48$55,337.48
Hannaford CrossFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Hannaford Cross
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 Lakeside Fence Repair 3,600 $ 14,200 $ 3,600 $ 3,600 $ 3,600 $ - $ - $ 25,000 $ Tree pruning year 2 650 $ 3,050 $ 650 $ 650 $ 650 $ - $ - $ 5,000 $ Tree pruning year 3 650 $ 4,800 $ 200 $ - $ - $ - $ - $ 5,00 0 $ Tree pruning year 4 3,000 $ 6,500 $ 3,000 $ 3,000 $ 3,000 $ - $ - $ 5,000 $ Repairs at Guard shack 350 $ 2,450 $ 350 $ 350 $ 350 $ - $ - $ 3,500 $ Short Term Installment Summary Totals: 8,250 $ 31,000 $ 7,800 $ 7,600 $ 7,600 $ -$ -$ 43,500 $ 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 Streetlight Pole Replacements (3) 1,304 $ 1,304 $ - $ - $ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Plant Replacement on Lakeside Way 870 $ 870 $ - $ - $ 2,609 $ 8,696 $ 8,696 $ 20,000 $ Plant Replacement on Inwood 652 $ 652 $ - $ - $ 1,957 $ 6,522 $ 6,522 $ 15,000 $ Wall Repairs on Inwood 2,174 $ 2,174 $ - $ - $ 6,522 $ 21,739 $ 21,739 $ 50,000 $ Plant Replacement on Egloff 870 $ 870 $ - $ - $ 2,609 $ 8,696 $ 8,696 $ 20,000 $ Guard Shack Roof Repair 217 $ 217 $ - $ - $ 652 $ 2,174 $ 2,174 $ 5,000 $ Irrigation controller replacement (3) 1,957 $ 1,957 $ - $ - $ 5,870 $ 19,565 $ 19,565 $ 45,000 $ Long Term Installment Summary Totals: 8,043 $ 8,044 $ -$ -$ 24,130 $ 80,435 $ 80,435 $ 185,000 $

04/14/2026 Item No.16.

District: Hannaford Cross December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 ($66,477)
Calendar Repayment
Year Year Amount (1)
2026 1 ($4,431.81)
2027 2 (4,431.81)
2028 3 (4,431.81)
2029 4 (4,431.81)
2030 5 (4,431.81)
2031 6 (4,431.81)
2032 7 (4,431.81)
2033 8 (4,431.81)
2034 9 (4,431.81)
2035 10 (4,431.81)
2036 11 (4,431.81)
2037 12 (4,431.81)
2038 13 (4,431.81)
2039 14 (4,431.81)
2040 15 (4,431.81)
Total: ($66,477.14)
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 488
04/14/2026 Item No.16.

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 $17,638.005,000.00500.00750.00
1,000.003,700.00

0.00$28,588.00
$1,140.000.000.005,506.15617.00115.62$7,378.77
$35,966.7720,744.54(15,222.23)0.00$20,744.54
$183.58$183.58113113.00
$60,728.9220,744.54(35,966.77)(32,555.32)$12,951.370.00(15,222.23)($2,270.86) $12,200.0013,696.002,600.004,059.32$32,555.32
Lake Natoma ShoresFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Lake Natoma Shores
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 LED Landscape Lights 650 $ 3,050 $ 650 $ 650 $ 650 $ - $ - $ 5,000 $ Tree pruning year 1 650 $ 3,050 $ 650 $ 650 $ 650 $ - $ - $ 5,000 $ Tree pruning year 2 650 $ 3,050 $ 650 $ 650 $ 650 $ - $ - $ 5,000 $ Tree pruning year 3 650 $ 3,050 $ 650 $ 650 $ 650 $ - $ - $ 5,000 $ Short Term Installment Summary Totals: 2,600 $ 12,200 $ 2,600 $ 2,600 $ 2,600 $ -$ -$ 20,000 $ 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 Signage Repair / Replacement 521 $ 3,542 $ 500 $ 2,000 $ 2,583 $ 5,208 $ 5,208 $ 15,000 $ Turf Repair and Irrigation Upgrades 844 $ 3,438 $ 250 $ 1,000 $ 3,625 $ 8,438 $ 8,438 $ 22,000 $ Tree and Landscape Improvements / Replacement 521 $ 4,542 $ 500 $ 2,000 $ 2,583 $ 5,208 $ 5,208 $ 16,000 $ Streetlight Pole Replacements (2) 870 $ 870 $ -$ -$ 2,609 $ 8,696 $ 8,696 $ 20,000 $ Irrigation controller replacements (2) 1,304 $ 1,304 $ -$ -$ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Long Term Installment Summary Totals: 4,059 $ 13,696 $ 1,250 $ 5,000 $ 15,313 $ 40,593 $ 40,593 $ 103,000 $

04/14/2026 Item No.16.

District: Lake Natoma Shores December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $60,729
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 491
04/14/2026 Item No.16.

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 $27,642.005,500.004,000.001,500.00
10,000.004,700.00

0.00$53,342.00
$1,140.000.000.005,738.651,414.00281.38$8,574.03
$61,916.0340,837.66(21,078.37)0.00$40,837.66
$121.18$121.18337337.00
$68,313.6540,837.66(61,916.03)(61,580.89)($14,345.61)0.00(21,078.37)($35,423.98) $28,700.0016,399.009,500.006,981.89$61,580.89
Los CerrosFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Los Cerros
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 Replacement 1,300 $ 6,100 $ 1,300 $ 1,300 $ 1,300 $ - $ - $ 10,000 $ Tree pruning year 1 1,300 $ 6,100 $ 1,300 $ 1,300 $ 1,300 $ - $ - $ 10,000 $ Tree pruning year 2 1,300 $ 6,100 $ 1,300 $ 1,300 $ 1,300 $ - $ - $ 10,000 $ Tree pruning year 3 1,300 $ 6,100 $ 1,300 $ 1,300 $ 1,300 $ - $ - $ 10,000 $ Landscape LED Replacements (11) 3,300 $ 3,300 $ 3,300 $ 3,300 $ 3,300 $ 3,300 $ 16,500 $ Ladder Fuel 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 5,000 $ Short Term Installment Summary Totals: 9,500 $ 28,700 $ 9,500 $ 9,500 $ 9,500 $ 4,300 $ -$ 61,500 $ 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 Install Flow Package and Master Valve 1,104 $ 5,708 $ 500 $ 2,000 $ 4,917 $ 11,042$ 11,042 $ 30,000 $ Upgrade Irrigation Controllers 1,313 $ 6,126 $ 500 $ 2,000 $ 5,750 $ 13,125$ 13,125 $ 35,000 $ Streetlight Pole Replacements (3) 1,304 $ 1,304 $ -$ -$ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Streetlight Pole Painting 3,261 $ 3,261 $ -$ -$ 9,783 $ 32,609 $ 32,609 $ 75,000 $ Long Term Installment Summary Totals: 6,982 $ 16,399 $ 1,000 $ 4,000 $ 24,362 $ 69,819 $ 69,819 $ 170,000 $

04/14/2026 Item No.16.

District: Los Cerros December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $68,314
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.

04/14/2026 Item No.16.

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 $0.0010,000.0015,000.0012,500.00
22,300.0040,500.00

0.00$100,300.00
$1,140.000.000.0041,073.633,805.001,047.28$47,065.91
$147,365.91170,293.5522,927.640.00$170,293.55
$91.71$91.711,3721,856.87
($822,307.57)170,279.44(147,365.91)(643,647.96)($1,443,042.00)0.0022,927.64($1,420,114.36) $132,400.00405,336.0055,200.0050,711.96$643,647.96
Natoma StationFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Natoma Station
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 Light Pole Replacement 3,600 $ 14,200 $ 3,600 $ 3,600 $ 3,600 $ - $ - $ 25,000 $ Shrub & Tree Replacement & Concrete Work on Turnpike 6,600 $ 20,200 $ 6,600 $ 6,600 $ 6,600 $ - $ - $ 40,000 $ Iron Point Rd. Shrub & Tree Replacement 6,600 $ 20,200 $ 6,600 $ 6,600 $ 6,600 $ - $ - $ 40,000 $ Bigfoot Mini Park Tree Replacement 600 $ 8,200 $ 600 $ 600 $ 600 $ - $ - $ 10,000 $ Tree Replacement / Wall Damage on Black Diamond 600 $ 8,200 $ 600 $ 600 $ 600 $ - $ - $ 10,000 $ Shrub / Tree Replacement on Blue Ravine 6,600 $ 20,200 $ 6,600 $ 6,600 $ 6,600 $ - $ - $ 40,000 $ Tree pruning year 1 3,600 $ 14,200 $ 3,600 $ 3,600 $ 3,600 $ - $ - $ 25,000 $ Tree pruning year 2 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,00 0 $ 35,000 $ Tree pruning year 3 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,00 0 $ 30,000 $ Tree pruning year 4 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,00 0 $ 35,000 $ Tree pruning year 5 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,00 0 $ 25,000 $ Ladder fuel 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,00 0 $ 10,000 $ Short Term Installment Summary Totals: 55,200 $ 132,400 $ 55,200 $ 55,200 $ 55,200 $ 27,000 $ -$ 325,000 $ 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 Tree & Landscape Improvements / Replacements 3,750 $ 77,500 $ 10,000 $ 40,000 $ 25,000 $ 37,500 $ 37,500 $ 160,000 $ Wetland Area Improvements 958 $ 8,916 $ 1,000 $ 4,000 $ 4,833 $ 9,5 83 $ 9,583 $ 30,000 $ Wall Repair and Painting (7800 linear feet) 6,833 $ 83,666 $ 10,000 $ 40,000 $ 37,333 $ 68,333 $ 68,333 $ 234,000 $ Mini Park Replanting / Bark ( 2 Parks @ .5 acre) 1,042 $ 37,084 $ 5,000 $ 20,000 $ 9,167 $ 10,417 $ 10,417 $ 60,000 $ Road Paver Replacement 1,375 $ 9,750 $ 1,000 $ 4,000 $ 6,500 $ 13,7 50 $ 13,750 $ 40,000 $ Signage Repair / Replacement 667 $ 8,334 $ 1,000 $ 4,000 $ 3,667 $ 6,6 67 $ 6,667 $ 23,000 $ Sidewalk Repair 1,875 $ 38,750 $ 5,000 $ 20,000 $ 12,500 $ 18,750 $ 18,750 $ 80,000 $ Irrigation Upgrades 875 $ 36,750 $ 5,000 $ 20,000 $ 8,500 $ 8,750 $ 8,750 $ 56,000 $ Art Repair 1,250 $ 72,500 $ 10,000 $ 40,000 $ 15,000 $ 12,500 $ 12,500 $ 100,000 $ Redwood removals adjacent to wall (50+) 7,065 $ 7,065 $ - $ - $ 21,196 $ 70,652 $ 70,652 $ 162,500 $ Tree replacements for redwoods adjacent to walls (50+) 761 $ 761 $ - $ - $ 2,283 $ 7,609 $ 7,609 $ 17,500 $ Streetlight Pole Replacement 15,130 $ 15,130 $ - $ - $ 45,391 $ 151,304 $ 151,304 $ 348,000 $ Streetlight Pole Painting 9,130 $ 9,130 $ - $ - $ 27,391 $ 91,304 $ 91,304 $ 210,000 $ Long Term Installment Summary Totals: 50,712 $ 405,336 $ 48,000 $ 192,000 $ 218,761 $ 507,120 $ 507,120 $ 1,521,000 $

04/14/2026 Item No.16.

District: Natoma Station December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 ($822,308)
Calendar Repayment
Year Year Amount (1)
2026 1 ($54,820.50)
2027 2 (54,820.50)
2028 3 (54,820.50)
2029 4 (54,820.50)
2030 5 (54,820.50)
2031 6 (54,820.50)
2032 7 (54,820.50)
2033 8 (54,820.50)
2034 9 (54,820.50)
2035 10 (54,820.50)
2036 11 (54,820.50)
2037 12 (54,820.50)
2038 13 (54,820.50)
2039 14 (54,820.50)
2040 15 (54,820.50)
Total: ($822,307.57)
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.

04/14/2026 Item No.16.

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 $39,857.006,000.00350.00700.00

0.004,000.00

0.00$50,907.00
$1,140.000.000.004,181.571,282.0090.46$6,694.03
$57,601.0387,503.56(28,800.52)0.00$28,800.52
$364.56$1,107.647979.00
$255,769.0530,095.84(57,601.03)(76,048.29)$152,215.570.00(28,800.52)$123,415.06 $9,750.0054,003.002,250.0010,045.29$76,048.29
Natoma ValleyFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Natoma Valley
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 pruning year 1 750 $ 3,250 $ 750 $ 750 $ 750 $ - $ - $ 5,500 $ Tree pruning year 2 750 $ 3,250 $ 750 $ 750 $ 750 $ - $ - $ 5,500 $ Tree pruning year 3 750 $ 3,250 $ 750 $ 750 $ 750 $ - $ - $ 5,500 $ Short Term Installment Summary Totals: 2,250 $ 9,750 $ 2,250 $ 2,250 $ 2,250 $ -$ -$ 16,500 $ 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 Wall Repair/Replacement 625 $ 36,250 $ 5,000 $ 20,000 $ 7,500 $ 6,250 $ 6,250 $ 50,000 $ Landscape Replacement on Upper Tier 3,333 $ 6,666 $ - $ - $ 13,333 $ 3 3,333 $ 33,333 $ 80,000 $ Landscape Replacement on Lower Tier 5,000 $ 10,000 $ - $ - $ 20,000 $ 50, 000 $ 50,000 $ 120,000 $ Streetlight Pole Replacements (1) 435 $ 435 $ -$ -$ 1,304 $ 4,348 $ 4,348 $ 10,000 $ Irrigation controller replacement 652 $ 652 $ -$ -$ 1,957 $ 6,522 $ 6,522 $ 15,000 $ Long Term Installment Summary Totals: 10,045 $ 54,003 $ 5,000 $ 20,000 $ 44,094 $ 100,453 $ 100,453 $ 275,000 $

04/14/2026 Item No.16.

District: Natoma Valley December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $255,769
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 500
04/14/2026 Item No.16.

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 $0.0050,000.004,000.000.00
14,000.0065,000.00

0.00$133,000.00
$1,140.000.000.000.002,038.00666.92$3,844.92
$136,844.92196,228.5559,383.630.00$196,228.55
$213.61$213.61858918.63
($508,344.62)196,219.98(136,844.92)(13,043.74)($462,013.30)0.0059,383.63($402,629.66) $0.006,522.000.006,521.74$13,043.74
Prairie Oaks RanchFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Prairie Oaks 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 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 Irrigation controller replacements (10) 6,522 $ 6,522 $ -$ -$ 19,565 $ 65,217 $ 65,217 $ 150,000 $ Long Term Installment Summary Totals: 6,522 $ 6,522 $ -$ -$ 19,565 $ 65,217 $ 65,217 $ 150,000 $

04/14/2026 Item No.16.

District: Prairie Oaks Ranch December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 ($508,345)
Calendar Repayment
Year Year Amount (1)
2026 1 ($33,889.64)
2027 2 (33,889.64)
2028 3 (33,889.64)
2029 4 (33,889.64)
2030 5 (33,889.64)
2031 6 (33,889.64)
2032 7 (33,889.64)
2033 8 (33,889.64)
2034 9 (33,889.64)
2035 10 (33,889.64)
2036 11 (33,889.64)
2037 12 (33,889.64)
2038 13 (33,889.64)
2039 14 (33,889.64)
2040 15 (33,889.64)
Total: ($508,344.62)
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.

04/14/2026 Item No.16.

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 $101,326.0020,000.000.008,000.00

0.000.00

0.00$129,326.00
$1,140.000.000.0086,899.977,340.00666.92$96,046.89
$225,372.89327,291.66101,918.770.00$327,291.66
$363.90$363.90858899.40
$239,413.80317,758.00(225,372.89)(350,519.35)($18,720.44)0.00101,918.77$83,198.33 $103,500.00157,889.0050,980.0038,150.35$350,519.35
Prairie Oaks Ranch No. 2Fiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Prairie Oaks Ranch 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 pruning year 1 4,000 $ 4,000 $ 4,000 $ 4,000 $ 4,000 $ 4,000 $ 20,000 $ Tree pruning year 2 7,520 $ 15,040 $ 7,520 $ 7,520 $ 7,520 $ 7,520 $ 45,000 $ Tree pruning year 3 3,520 $ 10,920 $ 3,520 $ 3,520 $ 3,520 $ 3,520 $ 25,000 $ Tree pruning year 4 3,520 $ 10,920 $ 3,520 $ 3,520 $ 3,520 $ 3,520 $ 25,000 $ Tree pruning year 5 4,520 $ 11,920 $ 4,520 $ 4,520 $ 4,520 $ 4,520 $ 30,000 $ Tree Replacement (Replace Empty Areas) 2,400 $ 7,800 $ 2,400 $ 2,4 00 $ 2,400 $ 15,000 $ LED Landscape Lights 4,400 $ 8,500 $ 4,400 $ 4,400 $ 4,4 00 $ 3,300 $ 25,000 $ Landscape Replacement 4,400 $ 8,500 $ 4,400 $ 4,400 $ 4, 400 $ 3,300 $ 25,000 $ Fence Replacement 3,400 $ 9,800 $ 3,400 $ 3,400 $ 3,400 $ 20,000 $ Repair Damaged Walls (Stucco Half Walls) 1,300 $ 4,100 $ 1,300 $ 1,300 $ 1,300 $ 8,000 $ Ladder fuel 12,000 $ 12,000 $ 12,000 $ 12,000 $ 12,000 $ 12,000 $ 60,000 $ Short Term Installment Summary Totals: 50,980 $ 103,500 $ 50,980 $ 50,980 $ 50,980 $ 41,680 $ -$ 298,000 $ 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 Landscape Replacement on Blue Ravine 9,583 $ 39,166 $ - $ - $ 4,833 $ 95,833 $ 95,833 $ 250,000 $ Landscape Replacement on Riley 9,583 $ 39,166 $ - $ - $ 4,833 $ 95,833 $ 95 ,833 $ 250,000 $ Landscape Replacement on Prairie City 5,417 $ 3,034 $ - $ - $ 31,667 $ 54,167 $ 54,167 $ 150,000 $ Landscape Replacement on Iron Point 3,333 $ 26,666 $ - $ - $ 23,333 $ 33,333 $ 33,333 $ 100,000 $ Fence Replacement 3,333 $ 26,666 $ - $ - $ 23,333 $ 33,333 $ 33,333 $ 100,000 $ Post and Cable Replacement 2,708 $ 15,416 $ - $ - $ 15,833 $ 27,083 $ 27,083 $ 75,000 $ Repair Damaged Walls 1,583 $ 5,166 $ - $ - $ 7,333 $ 15,833 $ 15,833 $ 40,000 $ Streetlight Pole Replacements (6) 2,609 $ 2,609 $ - $ - $ 7,826 $ 26,087 $ 26,087 $ 60,000 $ Long Term Installment Summary Totals: 38,150 $ 157,889 $ -$ -$ 118,993 $ 381,503 $ 381,503 $ 1,025,000 $

04/14/2026 Item No.16.

District: Prairie Oaks Ranch
No. 2
December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $239,414
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 506
04/14/2026 Item No.16.

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 $14,670.0010,000.00200.00400.00
325.001,850.00

0.00$27,445.00
$1,140.000.000.004,930.68463.0057.90$6,591.58
$34,036.5848,641.2514,604.670.00$48,641.25
$1,389.75$1,389.753535.00
$55,257.2447,207.30(34,036.58)(175,923.30)($107,495.34)0.0014,604.67($92,890.67) $25,000.00106,253.005,000.0039,670.30$175,923.30
Prospect RidgeFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Prospect Ridge
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 pruning year 4 - $ 10,000 $ - $ - $ - $ - $ - $ 10,000 $ Tree pruning year 5 - $ 10,000 $ - $ - $ - $ - $ - $ 10,000 $ Ladder Fuel 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Drainage cleanup 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 15,000 $ Short Term Installment Summary Totals: 5,000 $ 25,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 45,000 $ 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 Wall Replacement 35,979 $ 82,458 $ 1,500 $ 6,000 $ 144,917 $ 359,792 $ 359,792 $ 850,000 $ Plant Replacement 2,604 $ 22,708 $ 2,500 $ 10,000 $ 12,917 $ 26,042 $ 26,042 $ 80,000 $ Irrigation controller replacement 652 $ 652 $ -$ -$ 1,957 $ 6,522 $ 6,522 $ 15,000 $ Streetlight Pole Replacement 435 $ 435 $ -$ -$ 1,304 $ 4,348 $ 4,348 $ 10,000 $ Long Term Installment Summary Totals: 39,670 $ 106,253 $ 4,000 $ 16,000 $ 161,094 $ 396,703 $ 396,703 $ 955,000 $

04/14/2026 Item No.16.

District: Prospect Ridge December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $55,257
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.

04/14/2026 Item No.16.

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 $8,533.001,500.00250.00200.00
650.00550.00

0.00$11,683.00
$1,140.000.000.00577.01326.0050.50$2,093.51
$13,776.5111,759.50(2,017.01)0.00$11,759.50
$470.38$470.382525.00
$4,142.2624,282.72(13,776.51)(11,521.87)$3,126.600.00(2,017.01)$1,109.59 $5,000.003,261.000.003,260.87$11,521.87
Sierra EstatesFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Sierra Estates
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 pruning year 1 - $ 5,000 $ - $ - $ - $ - $ - $ 5,000 $ Short Term Installment Summary Totals: -$ 5,000 $ -$ -$ -$ -$ -$ 5,000 $ 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 Wall Replacement (partial) 1,304 $ 1,304 $ -$ -$ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Landscape Replacement on Frontage 870 $ 870 $ -$ -$ 2,609 $ 8,696 $ 8,696 $ 20,000 $ Light Pole Replacements (1) 435 $ 435 $ -$ -$ 1,304 $ 4,348 $ 4,348 $ 10,000 $ Irrigation controller replacement 652 $ 652 $ -$ -$ 1,957 $ 6,522 $ 6,522 $ 15,000 $ Long Term Installment Summary Totals: 3,261 $ 3,261 $ -$ -$ 9,783 $ 32,609 $ 32,609 $ 75,000 $

04/14/2026 Item No.16.

District: Sierra Estates December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $4,142
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 512
04/14/2026 Item No.16.

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 $6,381.001,500.00500.00200.00
550.00600.00

0.00$9,731.00
$1,140.000.000.001,242.43246.00239.94$2,868.37
$12,599.3715,490.702,891.330.00$15,490.70
$132.32$132.32281117.07
$95,694.3513,149.84(12,599.37)(108,194.41)($11,949.59)0.002,891.33($9,058.26) $5,100.0098,356.00800.003,938.41$108,194.41
SilverbrookFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Silverbrook
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 Replacement 800 $ 5,100 $ 800 $ 800 $ 800 $ - $ - $ 7,500 $ Short Term Installment Summary Totals: 800 $ 5,100 $ 800 $ 800 $ 800 $ -$ -$ 7,500 $ 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 Median Relandscaping 2,417 $ 96,834 $ 5,000 $ 20,000 $ 14,667 $ 24,167 $ 24,167 $ 150,000 $ Streetlight Pole Replacements (2) 870 $ 870 $ -$ -$ 2,609 $ 8,696 $ 8,696 $ 20,000 $ Irrigation controller replacement 652 $ 652 $ -$ -$ 1,957 $ 6,522 $ 6,522 $ 15,000 $ Long Term Installment Summary Totals: 3,938 $ 98,356 $ 5,000 $ 20,000 $ 19,232 $ 39,384 $ 39,384 $ 185,000 $

04/14/2026 Item No.16.

District: Silverbrook December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $95,694
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.

04/14/2026 Item No.16.

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 $14,301.005,000.00800.00600.00
2,700.003,500.00

0.00$26,901.00
$1,140.000.000.004,627.28704.00145.96$6,617.24
$33,518.2424,282.72(9,235.52)0.00$24,282.72
$157.68$157.68154154.00
$6,628.2416,065.60(33,518.24)(47,291.65)($58,116.05)0.00(9,235.52)($67,351.57) $11,550.0015,696.004,350.0015,695.65$47,291.65
SteeplechaseFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Steeplechase
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 pruning year 1 650 $ 3,050 $ 650 $ 650 $ 650 $ - $ - $ 5,000 $ Tree pruning year 2 650 $ 3,050 $ 650 $ 650 $ 650 $ - $ - $ 5,000 $ Tree pruning year 3 650 $ 3,050 $ 650 $ 650 $ 650 $ - $ - $ 5,000 $ Park turf renovation 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 5,000 $ Park plant replacement 1,400 $ 1,400 $ 1,400 $ 1,400 $ 1,400 $ 1,400 $ 7,000 $ Short Term Installment Summary Totals: 4,350 $ 11,550 $ 4,350 $ 4,350 $ 4,350 $ 2,400 $ -$ 27,000 $ 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 Streetlight Pole Replacements (20) 10,435 $ 10,435 $ -$ -$ 31,304 $ 104,348 $ 104,348 $ 240,000 $ Landscape frontage replacement 2,174 $ 2,174 $ -$ -$ 6,522 $ 21,739 $ 21,739 $ 50,000 $ Irrigation controller replacements (2) 1,304 $ 1,304 $ -$ -$ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Trail Repairs 1,087 $ 1,087 $ -$ -$ 3,261 $ 10,870 $ 10,870 $ 25,000 $ Trail Bollard Replacement 696 $ 696 $ -$ -$ 2,087 $ 6,957 $ 6,957 $ 16,000 $ Long Term Installment Summary Totals: 15,696 $ 15,696 $ -$ -$ 47,087 $ 156,957 $ 156,957 $ 361,000 $

04/14/2026 Item No.16.

District: Steeplechase December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $6,628
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.

04/14/2026 Item No.16.

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 $14,906.003,000.00500.00600.00
900.003,750.00

0.00$23,656.00
$1,140.000.000.002,368.40456.0044.58$4,008.98
$27,664.9813,549.34(14,115.64)0.00$13,549.34
$797.02$797.021717.00
$44,151.9511,413.00(27,664.98)(35,326.04)($7,426.07)0.00(14,115.64)($21,541.71) $23,500.003,913.004,000.003,913.04$35,326.04
The Residences at American River CanyonFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District The Residences at American River Canyon
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 pruning year 1 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Tree pruning year 2 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Landscape Replacement - $ 4,500 $ - $ - $ - $ - $ - $ 4,500 $ Tree Replacements - $ 7,500 $ - $ - $ - $ - $ - $ 7,500 $ Drainage Cleanup - $ 7,500 $ - $ - $ - $ - $ - $ 7,500 $ Short Term Installment Summary Totals: 4,000 $ 23,500 $ 4,000 $ 4,000 $ 4,000 $ 4,000 $ -$ 39,500 $ 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 Wall Replacement (partial) 2,174 $ 2,174 $ -$ -$ 6,522 $ 21,739 $ 21,739 $ 50,000 $ Streetlight replacement (1) 435 $ 435 $ -$ -$ 1,304 $ 4,348 $ 4,348 $ 10,000 $ Irrigation controller replacement 1,304 $ 1,304 $ -$ -$ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Long Term Installment Summary Totals: 3,913 $ 3,913 $ -$ -$ 11,739 $ 39,130 $ 39,130 $ 90,000 $

04/14/2026 Item No.16.

District: The Residences at
American River Canyon
December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $44,152
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.

04/14/2026 Item No.16.

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 $14,906.003,000.00500.00600.00
900.003,750.00

0.00$23,656.00
$1,140.000.000.002,368.40456.0039.40$4,003.80
$27,659.8016,553.40(11,106.40)0.00$16,553.40
$1,655.34$1,655.341010.00
$44,151.9515,485.10(27,659.80)(35,326.04)($3,348.79)0.00(11,106.40)($14,455.19) $23,500.003,913.004,000.003,913.04$35,326.04
The Residences at American River Canyon IIFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District The Residences at American River Canyon 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 pruning year 1 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Tree pruning year 2 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Landscape Replacement - $ 4,500 $ - $ - $ - $ - $ - $ 4,500 $ Tree Replacements - $ 7,500 $ - $ - $ - $ - $ - $ 7,500 $ Drainage Cleanup - $ 7,500 $ - $ - $ - $ - $ - $ 7,500 $ Short Term Installment Summary Totals: 4,000 $ 23,500 $ 4,000 $ 4,000 $ 4,000 $ 4,000 $ -$ 39,500 $ 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 Wall Replacement (partial) 2,174 $ 2,174 $ -$ -$ 6,522 $ 21,739 $ 21,739 $ 50,000 $ Streetlight replacement (1) 435 $ 435 $ -$ -$ 1,304 $ 4,348 $ 4,348 $ 10,000 $ Irrigation controller replacement 1,304 $ 1,304 $ -$ -$ 3,913 $ 13,043 $ 13,043 $ 30,000 $ Long Term Installment Summary Totals: 3,913 $ 3,913 $ -$ -$ 11,739 $ 39,130 $ 39,130 $ 90,000 $

04/14/2026 Item No.16.

District: The Residences at
American River Canyon II
December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $44,152
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.

04/14/2026 Item No.16.

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 $0.000.000.000.00
13,000.0011,000.00

0.00$24,000.00
$1,140.000.000.000.00638.00584.78$2,362.78
$26,362.7860,058.8033,696.020.00$60,058.80
$80.40$80.40747747.00
($52,223.77)60,058.80(26,362.78)(36,521.87)($55,049.62)0.0033,696.02($21,353.60) $0.0018,261.000.0018,260.87$36,521.87
Willow Creek Estates EastFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Willow Creek Estates East
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 Streetlight Pole Replacements 35 18,261 $ 18,261 $ -$ -$ 54,783 $ 182,609 $ 182,609 $ 420,000 $ Long Term Installment Summary Totals: 18,261 $ 18,261 $ -$ -$ 54,783 $ 182,609 $ 182,609 $ 420,000 $

04/14/2026 Item No.16.

District: Willow Creek
Estates East
December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 ($52,224)
Calendar Repayment
Year Year Amount (1)
2026 1 ($3,481.58)
2027 2 (3,481.58)
2028 3 (3,481.58)
2029 4 (3,481.58)
2030 5 (3,481.58)
2031 6 (3,481.58)
2032 7 (3,481.58)
2033 8 (3,481.58)
2034 9 (3,481.58)
2035 10 (3,481.58)
2036 11 (3,481.58)
2037 12 (3,481.58)
2038 13 (3,481.58)
2039 14 (3,481.58)
2040 15 (3,481.58)
Total: ($52,223.77)
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.

04/14/2026 Item No.16.

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 $55,831.0020,000.002,500.003,000.00

0.000.00

0.00$81,331.00
$1,140.000.000.0014,213.741,245.00584.78$17,183.52
$98,514.5287,240.42(11,274.10)0.00$87,240.42
$116.79$116.79747747.00
$38,487.2784,663.54(98,514.52)(249,546.87)($224,910.58)0.00(11,274.10)($236,184.68) $44,850.00173,011.009,550.0022,135.87$249,546.87
Willow Creek Estates East No. 2Fiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Willow Creek Estates East 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 2 Flow Packages & Master Valve Install 1,150 $ 4,050 $ 1,150 $ 1,150 $ 1,150 $ - $ - $ 7,500 $ Light pole Replacement (3) 2,600 $ 12,200 $ 2,600 $ 2,600 $ 2,600 $ - $ - $ 20,000 $ Tree pruning year 1 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Tree pruning year 2 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $ Tree pruning year 3 600 $ 8,200 $ 600 $ 600 $ 600 $ - $ - $ 10,000 $ Tree pruning year 4 600 $ 8,200 $ 600 $ 600 $ 600 $ - $ - $ 10,000 $ Tree pruning year 5 600 $ 8,200 $ 600 $ 600 $ 600 $ - $ - $ 10,000 $ Short Term Installment Summary Totals: 9,550 $ 44,850 $ 9,550 $ 9,550 $ 9,550 $ 4,000 $ -$ 77,500 $ 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 Landscape Replacement on Oak Avenue 958 $ 8,916 $ 1,000 $ 4,000 $ 4,833 $ 9,583 $ 9,583 $ 30,000 $ Landscape Replacement on Blue Ravine 1,042 $ 37,084 $ 5,000 $ 20,000 $ 9,167 $ 10,417 $ 10,417 $ 60,000 $ Irrigation Controller Upgrade (4 Controllers) 625 $ 36,250 $ 5,000 $ 20,000 $ 7,500 $ 6,250 $ 6,250 $ 50,000 $ Tree and Landscape Improvement / Replacement 1,250 $ 72,500 $ 10,000 $ 40,000 $ 15,000 $ 12,500 $ 12,500 $ 100,000 $ Streetlight replacement (35) 18,261 $ 18,261 $ -$ -$ 54,783 $ 182,609 $ 182,609 $ 420,000 $ Long Term Installment Summary Totals: 22,136 $ 173,011 $ 21,000 $ 84,000 $ 91,283 $ 221,359 $ 221,359 $ 660,000 $

04/14/2026 Item No.16.

District: Willow Creek
Estates East No. 2
December 31, 2025
Fund Balance:

Fiscal Year: 2026-27 $38,487
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.

04/14/2026 Item No.16.

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 $76,443.0020,000.007,500.0012,500.00
41,000.0039,000.00

0.00$196,443.00
$1,140.000.000.0035,225.004,584.001,085.76$42,034.76
$238,477.76160,504.90(77,972.86)0.00$160,504.90
$109.88$109.881,4241,460.73
$266,570.06160,504.90(238,477.76)(264,978.13)($76,380.93)0.00(77,972.86)($154,353.78) $134,000.0031,739.0067,500.0031,739.13$264,978.13
Willow Creek Estates SouthFiscal Year 2026/27 Cost Estimate

04/14/2026 Item No.16.

Installment Summary
District Willow Creek Estates South
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 pruning year 1 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 30,000 $ Tree pruning year 2 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 30,000 $ Tree pruning year 3 4,000 $ 4,000 $ 4,000 $ 4,000 $ 4,000 $ 4,000 $ 20,000 $ Tree pruning year 4 2,500 $ 12,500 $ 2,500 $ 2,500 $ 2,500 $ - $ - $ 20,000 $ Tree pruning year 5 2,500 $ 12,500 $ 2,500 $ 2,500 $ 2,500 $ - $ - $ 20,000 $ Wall repair on Oak Ave 10,000 $ 20,000 $ 10,000 $ 10,000 $ 10,000 $ - $ - $ 50,000 $ Tree Replacements 2,500 $ 5,000 $ 2,500 $ 2,500 $ 2,500 $ - $ - $ 12,500 $ Silberhorn Landscape Renovation 24,000 $ 48,000 $ 24,000 $ 24,000 $ 24,000 $ - $ - $ 120,000 $ Turf renovation on Scholar 10,000 $ 20,000 $ 10,000 $ 10,000 $ 10,000 $ - $ - $ 50,000 $ Short Term Installment Summary Totals: 67,500 $ 134,000 $ 67,500 $ 67,500 $ 67,500 $ 16,000 $ -$ 352,500 $ 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 Streetlight Pole Replacements (6) 2,609 $ 2,609 $ -$ -$ 7,826 $ 26,087 $ 26,087 $ 60,000 $ Tree Removals/Replacements 5,217 $ 5,217 $ -$ -$ 15,652 $ 52,174 $ 52,174 $ 120,000 $ Oak Ave relandscape 17,391 $ 17,391 $ -$ -$ 52,174 $ 173,913 $ 173,913 $ 400,000 $ Irrigation controller replacements (10) 6,522 $ 6,522 $ -$ -$ 19,565 $ 65,217 $ 65,217 $ 150,000 $ Long Term Installment Summary Totals: 31,739 $ 31,739 $ -$ -$ 95,217 $ 317,391 $ 317,391 $ 730,000 $