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FY 24-25 Power Point District Assessments.pptx

Rialto City Council
July 23, 2024

Document
FY 24-25 Power Point District Assessments.pptx
Meeting
July 23, 2024
Body
Rialto City Council
Original file
4.7 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
$1,535,285
Contributions
District (Amount to Levy)
$858,777
Reserve Fund Contribution
$547,291
Deficit Covered by General Fund
$129,217
Total Contributions
$1,535,285

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
Zone 2
Zone 3
Total
Expenses
Costs & Expenses
$112,993
$400,671
$513,664
$1,027,328
Reserve Fund Collection
$0
$0
$0
$0
Contributions
District (Amount to Levy)
$104,539
$370,753
$66,288
$541,581
Reserve Fund Contribution
$8,454
$29,918
$79,533
$117,905
Total Contributions
$112,993
$400,671
$145,821
$659,486
Deficit
$0
$0
($367,843)
($367,843)
Total EBUs
1,802.40
6,392.30
2,929.52
Rate Per EBU
$58.00
$58.00
$2.58 - $2,666.67

Landscaping and Lighting District No. 2

LLMD 2 Budget Summary
Lighting Zone L
Landscaping Zones
Total
Expenses
Costs & Expenses
$19,042
$1,517,001
$1,536,043
Reserve Fund Collection
$5,657
$0
$5,657
Contributions
General Benefit
$16,031
$0
$16,031
District (Amount to Levy)
$8,668
$1,108,046
$1,116,714
Reserve Fund Contribution
$0
$408,955
$408,955
Total Contributions
$24,699
$1,517,001
$1,541,700
Deficit
$0
$0
$0
Total EBUs
647.33
1,030,433.04
Rate Per EBU
$6.45 - $30.80
$0.60 - $567.92

Next Steps
Hold Public Hearing
Adopt Resolutions authorizing the levy of the assessments maintaining the rates for Fiscal Year 2024/25 in SLD 1, LMD 1 and LLMD 2

Questions?

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