Exhibit B
RIVER DISTRICT (FUND 2222)
PROPERTY AND BUSINESS IMPROVEMENT DISTRICT (PBID)
FY2024/25 DISTRICT FUND BUDGET OF THE CITY
& PARCEL ASSESSMENT
Estimated Beginning Fund Balance -
Total Assessed to Property (Business) Owners 751,570
Total Resources $751,570
PBID Activities
Estimated Disbursement 750,070
Administrative Costs
Improvement Financing (IF)
Administration 1,500
Parcel reporting -
Accounting
Administration 1,098
County Billing 318
Total Expenditures $748,654
Estimated Ending Fund Balance -
Year-Over-Year Change in Fund Balance -
Parcel Assessment
Annual assessment rates are based on special benefit received as defined by the Management District Plan. Assessments will be subject to an annual increase of up to 5% per year. These special benefits have been calculated based on an allocation of program costs and a calculation, as shown in the table below:
Assessment Rate
Zone 1
Assessment Rate
Zone 2
$1,018.96 per acre $244.33 per acre