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1 RiversideCA.gov
1 RiversideCA.gov
City Council
June 27, 2023
PUBLIC HEARING AND RESOLUTIONS LEVYING
FISCAL YEAR 2023-2024 ASSESSMENTS FOR
LANDSCAPE MAINTENANCE DISTRICTS & STREET
LIGHTING ASSESSMENT DISTRICT
Finance Department
RiversideCA.gov
2 1. The Landscaping and Lighting Act of 1972 requires that Council order, prepare and approve an Engineer’s Report for each existing Maintenance District that it proposes to levy assessments.
2. February 7, 2023 – Resolution of Intention/Request Engineer’s Report
3. May 23, 2023 – Approve Engineer’s Report/Set Public Hearing
4. June 27, 2023 – Noticed Public Hearings are the third and final step in the process.
BACKGROUNDBACKGROUND
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3 The existing maintenance districts for which annual
assessments are proposed are:
1. Street Lighting Assessment District No. 1 (Citywide)
2. Sycamore Highlands Landscape Maintenance
District (Ward 2)
3. Riverwalk Landscape Maintenance District (Ward 7)
CITY MAINTENANCE DISTRICTSCITY MAINTENANCE DISTRICTS
RiversideCA.gov
4 ASSESSMENT AMOUNTS
1. Street Light Assessment District – maximum capped by Measure EE in 1997 – no adjustments
2. Landscape Maintenance Dist rict Assessments adjusted based on Consumer Price Index for Riverside-San
Bernardino-Ontario
Street Light AD Riverwalk LMD Sycamore LMD
Maximum Tax $31.44 $414.45 $110.35
2022-23 Assessed $31.44 $315.76 $105.35
2023-24 Proposed $31.44
$331.56 $110.35
Increase $0 $15.80 $5.00
Comparison of Assessments per Residential Unit
ASSESSMENT AMOUNTS
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5 GENERAL FUND SUBSIDY
Due to the fixed Maximum Tax for Street Light AD and
reasonable/maximum allowances of CPI increases for
Riverwalk and Sycamore LMDs, all three Assessment Districts will require a General Fund Subsidy for Fiscal Year 2023-2024 Street Light AD Riverwalk LMD Sycamore LMD
2022-2023 Assessed $3,552,636 $461,540 $110,615
2023-2024 Proposed $3,574,798 $484,652 $115,877
Projected Expenses $5,249,667
$587,052 $128,200
General Fund Subsidy ($1,674,869) ($102,400) ($12,323)
GENERAL FUND SUBSIDY
RiversideCA.gov
6 Strategic Priority 5 – High Performing Government
Goal 5.3 – Enhance Communication and collaboration with community members, to improve transparency, build public trust, and encourage shared decision-making.
Cross-Cutting Threads
STRATEGIC PLAN ALIGNMENT
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7 That the City Council:
1. Conduct three public hearings to receive comments
relative to the Fiscal Year 2023-2024 assessments for each District; and
2. Adopt three resolutions authorizing the City of Riverside to confirm the diagrams and assessments contained in the
Engineer’s Reports and establish the Fiscal Year 2023-2024 assessments for each District.
RECOMMENDATIONS
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