SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT OVERLAY
ASSESSMENT DISTRICT FORMATION
CITY COUNCIL REGULAR MEETING - MAY 13, 2024 – ITEM 5.1
1 BACKGROUND
2 What is SJAFCA?
Joint Powers Authority (1995)
Stockton, Lathrop, Manteca, San Joaquin County, San Joaquin County Flood Control & Water Conservation District
Reduce and manage flood risk
Plans, finances, and implements flood risk reduction projects and programs
9-member Board of Directors
BACKGROUND (CONT.)
3 Mossdale Tract Area
Portions of Stockton, Lathrop and Manteca
More than 55,000 residents
22K properties (20K residential)
32 schools
Hospital & medical centers
Fire, police stations
Wastewater Treatment Plants - Lathrop & Manteca
Correctional Facilities
I-5 and Hwy 120
CHALLENGES
4 State/Federal regulations for flood
protection are becoming stricter
Weather extremes are unpredictable Every major storm event stresses levee system
Levees are the only/last defense against
flooding
Existing level of flood protection is not
adequate
Increased Flood Risk according to CA
DWR. 3x more flood flows in SJ River
COST OF DOING NOTHING
5 Source: FEMA, based on 1,000 SF home
Property Damage Flood Insurance
FEMA Special Flood Hazard Areas
Mandatory insurance for
properties with mortgages /
loans
Costs increase 18% per year
Won’t fully cover damages
Slow payment of claims
Economic /
Development
200
-YEAR LEVEE
IMPROVEMENT PROJECT
6 $472.9 million over 10-Years
Levees along San Joaquin River &
tributaries, extension of Manteca
dryland levee
Project includes: Levee raises Cutoff Walls Seepage berms Erosion protection Extension of dryland levee 200-YEAR LEVEE PROJECT - COSTS
7 State
24.1%
Federal
52.6%
SJAFCA
23.3%
• State/Federal = $362.6 million
• Local = $110.3 million
EIFD
16.3%
Development
Impact Fees
53.5%
OAD
30.1%
Total Project Local Share
• Development Impact Fees = $70.9 Million
• Enhanced Infrastructure Financing District = $21.7 Million • Overlay Assessment = $39.9 Million*
• Local Funding sources used to pay early planning a design costs ($11.5 million) as well as cash flow / finance the project
OVERLAY ASSESSMENT
DISTRICT
8 Assessment District covers approx. 22,500
Parcels.
Services – 200-Year Project and its ongoing
maintenance
Would raise approx. $2,625,000 / Yr. (FY
2024-25 Budget)
Subject to escalation based annual approval
by SJAFCA Board limited to CPI with 4% cap.
Term: 30-years from the issuance of bonds
secured by the Assessments
Bond issuance in late 2025 - early 2026
ASSESSMENT WEIGHT BY LAND USE
9 Proposed FY 2024/25
Average 90th Percentile Assessment
Single Family Residential 18,285 $78 $124 $1,420,403 54.4% Industrial 244 $1,899 $6,563 $463,382 17.8%
Planned Commercial 86 $2,736 $4,444 $235,334 9.0%
Commercial 227 $896 $2,322 $203,330 7.8%
Vacant 3,209 $39 $39 $125,220 4.8%
Public 69 $1,634 $8,464 $112,753 4.3%
Planned Residential 91 $194 $617 $17,691 0.7%
Multifamily Residential 86 $131 $300 $11,255 0.4%
Agricultural 139 $70 $103 $9,789 0.4%
Mobile Homes 32 $173 $590 $5,550 0.2%
Planned Industrial 86 $50 $155 $4,305 0.2%
Total 22,554 $116 $2,609,012 100.0%
Land Use Category Parcel Count Proposed Assessment Rates / Parcel Share of Total Assessment
ASSESSMENT RANGES (ALL LAND USE)
10 5,898
882
4,653
5,873
4,007
486 755
0 1,000
2,000
3,000
4,000
5,000
6,000
7,000
Parcel Count
Parcel Count by Assessment Range
All Land Uses - Parcel Counts
OAD Assessment Rates
94% will pay less than $12.50 per month ($150/year)
PROP 218 PROCESS
11 Only property owners vote, including public agencies Weighted vote ($1 assessment = 1 vote)
Majority Protest
Weight of ballots opposed exceed weight of ballots in favor
Timeline
May 4 - Ballots mailed to property owners
June 20 - Public Hearing at SJAFCA Special Meeting
June 21 - Ballot Tabulation (until complete)
July 18 - SJAFCA Board meeting/Balloting Results
COMMUNITY MEETINGS
12 Completed
May 1 –Weston Ranch High School
May 2 – Mossdale Elementary School
Upcoming
6:30 p.m., May 13 – Joseph Widmer Elementary
School
6:30 p.m., May 14 – Great Valley Elementary School
6:30 p.m., May 15 – Oakwood Shores Club House
Public Hearing: 6 p.m., June 20, Lathrop City Hall
More Information
Hotline: (209) 475-7009
Email: [email protected]
www.sjafca.org/OAD
• Frequently Asked Questions
• Boundary maps
• Preliminary Engineer’s Report
• Assessment calculator
CITY OWNED PARCELS
– 41 TOTAL
13 Includes City Hall, Corp Yard, Water
Infrastructure, Parks, etc.
Combined Assessments for 2024-25 is
$30,511
Request City Council authority and
direction to complete, and return ballots
RECOMMENDATION
14 THE CITY COUNCIL TO CONSIDER APPROVING
BALLOTS FOR THE PROPOSED SAN JOAQUIN AREA
FLOOD CONTROL AGENCY MOSSDALE TRACT
OVERLAY ASSESSMENT DISTRICT FORMATION AND
AUTHORIZE THE CITY MANAGER TO EXECUTE
BALLOTS FOR CITY-OWNED PROPERTIES