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item_5.3_consider_fy_26-27_assessment_district_woodfield_v1

Lathrop City Council
May 11, 2026

Document
item_5.3_consider_fy_26-27_assessment_district_woodfield_v1
Meeting
May 11, 2026
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Lathrop City Council
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Text extracted from the city's file for reading and search. Open the original on www.ci.lathrop.ca.us. That file is the official record.

CITY OF LATHROP

WOODFIELD MAINTENANCE DISTRICT

ANNUAL ASSESSMENTS
May 11, 2026
Item No. 5.3

OVERVIEW

1. Maintenance Districts
• Fiscal Assessment (by district)

2. Conduct Public Hearing
• Approve Fiscal Year 2026/27 Assessment of Woodfield Maintenance Districts 2 FISCAL ASSESSMENT – BY DISTRICT
Woodfield Landscape
• Supports the ongoing maintenance and operations of specific park improvements within the Woodfield area.
• Rate unchanged since FY1998/99 – District created without an escalator.

Woodfield District is proposed to be levied at a rate of $123.90 per Equivalent Dwelling Unit (EDU). The assessment rate of $123.90 per EDU has been in effect since Fiscal Year 1998/99 and is not proposed to increase.
3 Major Expense Categories:
▪ Maintenance & Repairs
▪ Landscaping Contracted Services
▪ Water & Electric Charges
Woodfield Landscape
Beginning Fund Balance: $ -0-
Assessment Revenues 54,764
Assessment Expenses (130,505)
General Benefit Contribution (GF) 75,741
Ending Fund Balance: $ -0-
For FY 26/27, a General Fund contribution of $75,741 is needed.

NEXT STEPS
City Council’s Action:
• Hold a Public Hearing;
• Approve Fiscal Year 2026/27 Assessment of Woodfield Maintenance District 4 District
FY 25/26
Actual Rates
FY 26/27
Proposed Rates % Change Notes
Woodfield $ 123.90 $ 123.90 0.00% Rate unchanged since FY 1998/99

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