City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Dean Deines, District 4
AGENDA
Finance Committee
Regular Meeting Agenda
Tuesday, July 8, 2025
4:00 PM Regular Meeting
Travis Hickey, Chief Financial Officer
Edna A. Aguilar, Clerk
REGULAR MEETING (4:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. PRESENTATIONS NONE
4. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Committee Members about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Committee’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
5. APPROVAL OF MINUTES
5.1 May 13, 2025 Finance Committee Meeting Minutes
6. DISCUSSION ITEMS
6.1 Community Facilities District Bond Maturity and First Call Dates RECOMMENDED ACTION
1. Receive and file a report on the maturity dates and first call dates for the City’s Community Facilities District bonds.
6.2 Proposed Formation of Community Facilities District 20255, Nautical Cove, by KB Home
RECOMMENDED ACTION
1. Review the proposed Community Facilities District (CFD) 20255, Nautical Cove, to finance certain costs of public improvements for the development of 233 singlefamily homes located north of Holland Road between Southshore Drive and Briggs Road, and recommend submittal to the City Council for consideration.
6.3 Proposed Formation of Community Facilities District 20253, Quail Hills, by Quail Hills, LP
RECOMMENDED ACTION
1. Review the proposed Community Facilities District (CFD) 20253, Quail Hills, to finance certain costs of public improvements for the development of 130 single family homes located between Williams Drive and Goetz Road and recommend submittal to the City Council for consideration.
6.4 Policy CC20 – Special Assessment and Community Facilities District Goals and Policies Proposed Amendment
RECOMMENDED ACTION
1. Review and provide feedback on the proposed revisions to the Special Assessment and Community Facilities District Goals and Policies (CC20) including additional recommended policy updates.
6.5 Public Safety Services Community Facilities District RECOMMENDED ACTION
1. Provide feedback to staff on the proposed formation of a Public Safety Services Community Facilities District (CFD) and initiation of a fiscal impact analysis study.
7. STAFF COMMENTS
8. COMMITTEE MEMBER UPDATES AND COMMENTS
9. FUTURE AGENDA ITEMS
10. ADJOURNMENT
Decorum Policy Notes
The Committee anticipates and encourages public participation at its meetings, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the Committee after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777, or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777, or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Affidavit of the Posting
I, Edna A. Aguilar, do hereby certify, under penalty of perjury, that the Tuesday, July 8, 2025 Finance Committee meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.
Menifee Finance Committee
July 8, 2025
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Dean Deines, District 4
AGENDA
Finance Committee
Regular Meeting Agenda
Tuesday, July 8, 2025
4:00 PM Regular Meeting
Travis Hickey, Chief Financial Officer
Edna A. Aguilar, Clerk
REGULAR MEETING (4:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. PRESENTATIONS NONE
4. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Committee Members about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Committee’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
5. APPROVAL OF MINUTES
5.1 May 13, 2025 Finance Committee Meeting Minutes
6. DISCUSSION ITEMS
6.1 Community Facilities District Bond Maturity and First Call Dates RECOMMENDED ACTION
1. Receive and file a report on the maturity dates and first call dates for the City’s Community Facilities District bonds.
6.2 Proposed Formation of Community Facilities District 20255, Nautical Cove, by KB Home
RECOMMENDED ACTION
1. Review the proposed Community Facilities District (CFD) 20255, Nautical Cove, to finance certain costs of public improvements for the development of 233 singlefamily homes located north of Holland Road between Southshore Drive and Briggs Road, and recommend submittal to the City Council for consideration.
6.3 Proposed Formation of Community Facilities District 20253, Quail Hills, by Quail Hills, LP
RECOMMENDED ACTION
1. Review the proposed Community Facilities District (CFD) 20253, Quail Hills, to finance certain costs of public improvements for the development of 130 single family homes located between Williams Drive and Goetz Road and recommend submittal to the City Council for consideration.
6.4 Policy CC20 – Special Assessment and Community Facilities District Goals and Policies Proposed Amendment
RECOMMENDED ACTION
1. Review and provide feedback on the proposed revisions to the Special Assessment and Community Facilities District Goals and Policies (CC20) including additional recommended policy updates.
6.5 Public Safety Services Community Facilities District RECOMMENDED ACTION
1. Provide feedback to staff on the proposed formation of a Public Safety Services Community Facilities District (CFD) and initiation of a fiscal impact analysis study.
7. STAFF COMMENTS
8. COMMITTEE MEMBER UPDATES AND COMMENTS
9. FUTURE AGENDA ITEMS
10. ADJOURNMENT
Decorum Policy Notes
The Committee anticipates and encourages public participation at its meetings, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the Committee after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777, or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777, or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Affidavit of the Posting
I, Edna A. Aguilar, do hereby certify, under penalty of perjury, that the Tuesday, July 8, 2025 Finance Committee meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.
Menifee Finance Committee
July 8, 2025
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Dean Deines, District 4
AGENDA
Finance Committee
Regular Meeting Agenda
Tuesday, July 8, 2025
4:00 PM Regular Meeting
Travis Hickey, Chief Financial Officer
Edna A. Aguilar, Clerk
REGULAR MEETING (4:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. PRESENTATIONS NONE
4. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Committee Members about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Committee’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
5. APPROVAL OF MINUTES
5.1 May 13, 2025 Finance Committee Meeting Minutes
6. DISCUSSION ITEMS
6.1 Community Facilities District Bond Maturity and First Call Dates RECOMMENDED ACTION
1. Receive and file a report on the maturity dates and first call dates for the City’s Community Facilities District bonds.
6.2 Proposed Formation of Community Facilities District 20255, Nautical Cove, by KB Home
RECOMMENDED ACTION
1. Review the proposed Community Facilities District (CFD) 20255, Nautical Cove, to finance certain costs of public improvements for the development of 233 singlefamily homes located north of Holland Road between Southshore Drive and Briggs Road, and recommend submittal to the City Council for consideration.
6.3 Proposed Formation of Community Facilities District 20253, Quail Hills, by Quail Hills, LP
RECOMMENDED ACTION
1. Review the proposed Community Facilities District (CFD) 20253, Quail Hills, to finance certain costs of public improvements for the development of 130 single family homes located between Williams Drive and Goetz Road and recommend submittal to the City Council for consideration.
6.4 Policy CC20 – Special Assessment and Community Facilities District Goals and Policies Proposed Amendment
RECOMMENDED ACTION
1. Review and provide feedback on the proposed revisions to the Special Assessment and Community Facilities District Goals and Policies (CC20) including additional recommended policy updates.
6.5 Public Safety Services Community Facilities District RECOMMENDED ACTION
1. Provide feedback to staff on the proposed formation of a Public Safety Services Community Facilities District (CFD) and initiation of a fiscal impact analysis study.
7. STAFF COMMENTS
8. COMMITTEE MEMBER UPDATES AND COMMENTS
9. FUTURE AGENDA ITEMS
10. ADJOURNMENT
Decorum Policy Notes
The Committee anticipates and encourages public participation at its meetings, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the Committee after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777, or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777, or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Affidavit of the Posting
I, Edna A. Aguilar, do hereby certify, under penalty of perjury, that the Tuesday, July 8, 2025 Finance Committee meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.
Menifee Finance Committee
July 8, 2025