1 Resolution No. 2025-___
Date Adopted May 20, 2025
RESOLUTION NO. 2025-___
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MORENO VALLEY, CALIFORNIA, APPROVING THE
CONTINUATION OF THE COMMUNITY FACILITIES
DISTRICT NO. 4 -MAINTENANCE OF THE CITY OF
MORENO VALLEY MAXIMUM AND APPLIED SPECIAL
TAX RATE S FOR FIS CAL YEAR 2025/26, AND
CALCULATION THEREOF
WHEREAS, the City Council of the City of Moreno Valley, California , did form Community Facilities District No. 4-Maintenance of the City of Moreno Valley (“CFD No. 4-M” or “District”) pursuant to the terms and prov isions of the Mello -Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code of the State of California; and
WHEREAS, following approval by the qualified electors of the District, the legislative body did adopt Ordinance No. 697 (“Ordinance”) approving the rate and method of a pportionment of special taxes ( RMA) to authorize a levy of a special tax within CFD No. 4-M; and
WHEREAS, the Ordinance authorizes the legislative body, by resolution, to annually determine the special tax to be levied in the District; provided , however, the special tax to be levied does not exceed the maximum special tax authorized to be levied pursuant to the RMA; and
WHEREAS, the City Council adopted Resolution No. 2005 -108 authorizing annexation of Territory in the future to CFD No. 4-M; and WHEREAS, annexations to CFD No. 4 -M have been conducted by the City following formation of the District; and
WHEREAS, the Riverside County Auditor-Controller’s Office requires the adoption of a resolution for submission with the annual special taxes for placement on the Riverside County property tax bills; and
WHEREAS, the maximum annual special tax rate for developed and undeveloped property has been established by the RMA at $0.0073 7 per square foot of land area for fiscal year (FY) 2006/07. Per the RMA, the maximum annual special tax shall be increased each fiscal year thereafter, by an amount equal to the Engineering News-Record Building Cost Index for the City of Los Angeles, meas ured as of the end of the calendar year; and
WHEREAS, the qualified electors authorized an annual adjustment to the maximum special tax rate through prior proceedings; and
2 Resolution No. 2025-___
Date Adopted: May 20, 2025
WHEREAS, the City Council has determined that continuing the calculation of the applied special tax and application of the special tax, as previously approved by the qualified electors, for each assessable parcel of real property within the District will provide the necessary and equitable revenue stream to fund the services of the Distr ict for FY 2025/26; and
WHEREAS, the City Council has determined that continuing the calculation of the maximum special tax rate, including an annual adjustment is necessary; and WHEREAS, the calculation of the special tax is in compliance with laws pertaining to the levy of the special taxes; and
WHEREAS, the special tax is levied without regard to property valuation; and WHEREAS, the City has prepared and submitted the Annual Special Tax Report (“Report”) for FY 2025/26, which identifies the maximum and applied annual special tax rates for each parcel , in an amount not to exceed the maximum special tax , and the calculation thereof; and
WHEREAS, the Report is on file in the office of the City Treasurer/Chief Financial Officer (“CFO”) and is incorporated herein by this reference; and WHEREAS, the annual special taxes shall be submitted to the Riverside County Auditor-Controller’s Office , to be levied on property tax bills of parcels subject to the special tax.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MORENO
VALLEY, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
1. Incorporation of Recitals . The foregoing recitals are true and correct and incorporated herein by this reference.
2. Approval of Report . The above -referenced Report , on file in the office of the City’s CFO, is approved as filed, as the Report may have been modified by order of the City Council.
3. Maximum Special Tax Rate. The FY 2025/26 maximum special tax rate is set at $0.015198 per square foot of land area.
4. Applied Special Tax Rate . The FY 2025/26 the applied special tax rate is set at $0.012824 per square foot of land area.
5. Confirming the Rates . The maximum and applied special tax rates are hereby confirmed for each parcel of real property within the District, as set forth in the Report.
3 Resolution No. 2025-___
Date Adopted: May 20, 2025
6. Collection of Special Taxes . The special taxes set forth in the Report, shall be collected on the Riverside County tax roll at the same time and in the same manner as ad valorem property taxes and shall be subject to the same penalties, procedure, sale and lien prior ity in any case of delinquency as applicable fo r ad valorem taxes; provided, however, the District may utilize a direct billing procedure for any special taxes that cannot be collected on the Riverside County tax roll or may, by resolution, elect to collec t the taxes at a different time or in a different manner if necessary to meet its financial obligations.
7. Modifications. The CFO is authorized to adjust the special taxes levied on the property tax roll in the event there are parcel changes, clerical errors , new parcels annexed into the District, or oth er adjustments as may be necessary between the date the special taxes were calculated and the date the fixed charges are submitted to the County of Riverside, provided the applied special tax rate does not exceed the maximum special tax rate and is in compliance with the RMA.
8. Provision of Services. Nothing in this description of services or any Resolution or Ordinance of the City Council shall be construed as committing the City or the District to provide all of the proposed services. The provision of services shall be subject to the availability of sufficient funding through the collection of special tax revenue within the District.
9. Severability. If any provision of this Resolution or the application of any s uch provision is held invalid, such invalidity shall not affect other provisions or applications of this Resolution that can be given effect without the invalid provision or application, and to this end the provisions of this Resolution are severable and t hat the City Council declares that it would hav e adopted this Resolution irrespective of the invalidity of any particular portion of this Resolution.
10. Certified Copy. The City Clerk is hereby ordered to forward a certified copy of this Resolution to the Cou nty of Riverside and to take such actions as are required for the collection of the tax.
11. Certification. The City Clerk shall certify to the adoption of this Resolution.
12. Effective Date . T his Resolution shall become effective immediately upon its adoption.
4 Resolution No. 2025-___
Date Adopted: May 20, 2025
APPROVED AND ADOPTED this 20th day of May 2025.
________________________________
Mayor of the City of Moreno Valley
ATTEST:
____________________________
City Clerk
APPROVED AS TO FORM:
____________________________
City Attorney
5 Resolution No. 2025-___
Date Adopted: May 20, 2025
RESOLUTION JURAT
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF MORENO VALLEY )
I, M. Patricia Rodriguez , City Clerk of the City of Moreno Valley, California, do hereby certify that Resolution No. 2025-___ was duly and regularly adopted by the City Council of the City of Moreno Valley at a regular meeting thereof held on the 20th day of May 2025 by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
(Council Members, Mayor Pro Tem and Mayor)
___________________________________
CITY CLERK
(SEAL)