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FY 23-24 Power Point District Assessments.pptx

Rialto City Council
June 27, 2023

Document
FY 23-24 Power Point District Assessments.pptx
Meeting
June 27, 2023
Body
Rialto City Council
Original file
5.0 MB
Text extracted from the city's file for reading and search. Open the original on legistar.granicus.com. That file is the official record.

City of Rialto
Street Light Maintenance District No. 1
Landscape Maintenance District No. 1
Landscaping & Lighting District No. 2

Street Light Maintenance District No. 1

SLD 1 Rates (No change from prior year)
Land Use
Land Benefit Factor
Development Factor
Residential
(Developed)
$8.18 per Acre
$24.03 per Unit
Residential
(Undeveloped)
$8.18 per Acre
$0.00 per Unit
Non-Residential
(Developed)
$8.18 per Acre
$52.09 per Parcel
Non-Residential
(Undeveloped)
$8.18 per Acre
$0.00 per Parcel

SLD 1 Budget Summary
Total Expenses
$1,426,203
Contributions
District (Amount to Levy)
$851,064
Reserve Fund Contribution
$114,565
Total Contributions
$965,629
Deficit Covered by General Fund
($460,574)

Landscape Maintenance District No. 1

Zone 1
Residential
No Trees
Zone 2
Residential
With Trees
Zone 3
Non-residential, Multi-family

LMD 1 Budget Summary
Zone 1
Residential
No Trees
Zone 2
Residential
With Trees
Zone 3
Non-residential, Multi-family
Total
Expenses
Costs & Expenses
$99,988
$354,558
$454,546
$909,092
Reserve Fund Collection
$4,552
$16,138
$0
$20,689
Contributions
District (Amount to Levy)
$104,540
$370,695
$67,366
$542,601
Reserve Fund Contribution
$0
$0
$0
$0
Total Contributions
$104,540
$370,695
$67,366
$542,601
Deficit Covered by the General Fund
$0
$0
($387,181)
($387,181)

Landscaping and Lighting District No. 2

LLMD 2 Budget Summary
Lighting Zone L
Landscaping Zones
Total
Expenses
Costs & Expenses
$18,409
$1,609,162
$1,627,571
Reserve Fund Collection
$5,690
$0
$5,690
Contributions
General Benefit
$15,497
$0
District (Amount to Levy)
$8,602
$1,118,597
$1,127,199
Reserve Fund Contribution
$0
$62,312
$62,312
Total Contributions
$24,099
$1,180,909
$1,189,511
Deficit Covered by the General Fund
$0
($428,254)
($428,254)

Next Steps
Hold Public Hearing
Adopt Resolutions authorizing the levy of the assessments maintaining the rates for Fiscal Year 2023/24 in SLD 1, LMD 1 and LLMD 2

Questions?

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