Consent Item 4lc
STAFF REPORT
City Council Consent Item
DATE: August 7, 2023
TO: Honorable Mayor and Council Members
FROM: Aaron Felmlee, Finance Director
THROUGH: Merritt Perry, City Manager
SUBJECT: Annual Property Tax Assessment for Dove Subdivision Storm Water Detention Basin Maintenance District
STAFF RECOMMENDATION:
Approve the 2023-24 Property Tax Assessment for the Dove Subdivision Storm Water Detention Basin Maintenance District.
EXECUTIVE SUMMARY:
The Dove Subdivision Storm Water Detention Basin Maintenance District was formed by Council Resolution 2005-14 in March 2005 to support the annual operations and maintenance of the Storm Water Detention Basin. The maintenance district serves Lots 1 through 26 of the Dove subdivision.
All 26 lot owners will be assessed the levy. The Fee will change if the service area is enlarged to include additional parcels or if parcels within the service area are further subdivided or developed with more than one single family residence. In either case, the yearly user fee will be reapportioned appropriately.
Staff has estimated that the assessment for the 2023-24 fiscal year should be $41.27 per parcel, which is the same amount as last year’s assessment.
Staff has included a copy of the rate calculation for your review.
RECOMMENDED COUNCIL ACTION:
Approve the 2023-24 Property Tax Assessment for the Dove Subdivision Storm Water Detention Basin Maintenance District. Consent Agenda vote.
ATTACHMENTS:
Assessment Rate Calculation