Item 04 2024-02077 Fiscal Year 2024-25 Community Facilities Districts Tax Administration Report — Sacramento City Council, January 14, 2025

City of Sacramento
City Council - 2PM Report
915 I Street Sacramento, CA 95814
www.cityofsacramento.org
File ID: 2024-02077 1/14/2025 Consent Item 4.

Fiscal Year 2024/25 Community Facilities Districts Tax Administration Report File ID: 2024-02077
Location: Citywide
Recommendation: Receive and file the Fiscal Year (FY) 2024/25 Community Facilities Districts Tax Administration Report.

Contact: Brent Mueller, Senior Development Project Manager, (916) 808-5715, [email protected]; Eric Frederick, Special Districts Manager, (916) 808-5129, [email protected]; Department of Finance
Presenter: None
Attachments:
1-Description/Analysis
2- Fiscal Year 2024-25 CFD Tax Administration Report
Description/Analysis
Issue Detail: The California State Legislature approved the Mello-Roos Community Facilities Act of 1982 (Act) that allows local public agencies to levy special taxes within a defined geographic area if approved by two-thirds of the qualified electors in that area. These areas, each known as a community facilities district (CFD), can generate funding for a wide range of facilities and services. As specified in the Act, eligible services include the maintenance of parks, roadways, landscaped areas, street lighting, drainage basins, and other public facilities. To pay for these services, special taxes are allocated to properties located in the CFD in any reasonable manner other than on an ad valorem basis.

The City is the administrator of CFDs located throughout the City that provide for public services, operations, and/or the maintenance of public facilities. For each maintenance CFD administered by the City, the attached FY2024/25 CFD Tax Administration Report (Annual Report) presents financial information for FY2024/25, as well as certain annual CFD reporting information required under California Government Code Section 50075.3 (SB 165 Reporting Requirements) for FY2023/24.

Annual CFD reporting information required for all improvement related CFDs will be brought to Council in February.

Page 1 of 2 ends

File ID: 2024-02077 1/14/2025 Consent Item 4.

Policy Considerations: Filing the Annual Report will satisfy the SB 165 Reporting Requirements for special taxes levied and collected for FY2023/24.

Economic Impacts: Not applicable.

Environmental Considerations: Under the California Environmental Quality Act Guidelines, the filing of annual tax administration reports for CFDs is a continuing administrative activity that does not constitute a project and is therefore exempt from CEQA review (14 Cal. Code Regs. § 15378(b)(2)).

Sustainability: Not applicable.

Commission/Committee Action: None.

Rationale for Recommendation: The SB 165 Reporting Requirements require that, at least once a year, a report be filed with the Council setting forth the following information:
a. The amount of special taxes that have been collected and expended. b. The status of any project required or authorized to be funded by the special taxes.

This information is included in the attached Annual Report for all maintenance CFDs administered by the City that levied a special tax in FY2023/24.

Financial Considerations: There are no financial impacts to any City funds.

Local Business Enterprise (LBE): Not applicable.

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Fiscal Year 2024/25
CFD Tax Administration Report

Dated December 18, 2024

Received and Filed by the Sacramento City Council at its Meeting on January 14, 2025

Fiscal Year 2024/25 CFD Tax Administration Report

TABLE OF CONTENTS
Section Page
I. Introduction ............................................................................................................................................ 1 II. Senate Bill 165 Reporting Requirements .............................................................................................. 2 III. CFD Financial Information ..................................................................................................................... 5 The Creamery CFD No. 2014-08 ...................................................................................................... 5 Curtis Park Village CFD No. 2013-03 (Services) .............................................................................. 7 Del Paso Nuevo Landscaping CFD No. 2006-06 ............................................................................ 10 McKinley Village CFD No. 2014-03 (Services) ............................................................................... 13 Natomas Crossing CFD No. 2013-01 (Youth Services) .................................................................. 15 Neighborhood Alley Maintenance CFD No. 2003-04 ................................................................... 18 Neighborhood Park Maintenance CFD No. 2002-02 .................................................................... 21 North Natomas CFD No. 3 ............................................................................................................. 24 North Natomas Neighborhood Landscaping CFD No. 99-02 ........................................................ 27 North Natomas TMA CFD No. 99-01 ............................................................................................. 30 Northwest Land Park CFD No. 2013-02 (Services) ....................................................................... 34 Parkebridge Maintenance CFD No. 2014-07 ................................................................................ 38 Redding Avenue Landscaping CFD No. 2010-04 ........................................................................... 41 Sacramento Maintenance CFD No. 2014-04 – Railyards.............................................................. 44 Sacramento Maintenance CFD No. 2014-04 Annexation #1 – Delta Shores ............................... 48 Sacramento Maintenance CFD No. 2014-04 Annexations #2 – Natomas Meadows and Annexation #10 – Natomas Meadows East .................................................................................. 51 Sacramento Maintenance CFD No. 2014-04 Annexation #3 – Calistoga ..................................... 55 Sacramento Maintenance CFD No. 2014-04 Annexation #4 – Shasta 10 .................................... 58 Sacramento Maintenance CFD No. 2014-04 Annexation #5 – Crocker Village ........................... 61 Sacramento Maintenance CFD No. 2014-04 Annexation #6 – Church Street Station ................ 64 Sacramento Maintenance CFD No. 2014-04 Annexation #7 – Sutter Park ................................. 67 Sacramento Maintenance CFD No. 2014-04 Annexation #8 – Bruceville Terrace ...................... 69 Sacramento Maintenance CFD No. 2014-04 Annexation #9 – The Cove ..................................... 71 Sacramento Services CFD No. 2018-05 – Tax Zone #1 Northlake ................................................ 74 Sacramento Services CFD No. 2018-05 Annexation #1 – Tanzanite (Tax Zone #2) ..................... 78 Sacramento Services CFD No. 2018-05 Annexation #2 – Delta Shores South (Tax Zone #3)...... 80 Sacramento Services CFD No. 2018-05 Annexation #3 – Panhandle 105 (Tax Zone #4) ............ 83 Sacramento Services CFD No. 2018-05 Annexation #4 – Jesse Ave (Tax Zone #5) ..................... 85

Sacramento Services CFD No. 2018-05 Annexation #5 – Panhandle 180 (Tax Zone #4) ............ 87 Township 9 CFD No. 2012-06 ........................................................................................................ 89 Willowcreek Landscaping CFD No. 98-04 ..................................................................................... 92

I. Introduction
FY2024/25 CFD Tax Administration Report Page 1

I. Introduction
The California State Legislature approved the Mello-Roos Community Facilities Act of 1982 (the “Act”) that allows special taxes to be levied within a defined geographic area if approved by two-thirds of the qualified electors in that area. These areas, each known as a community facilities district (“CFD” or “district”), can generate funding for a wide range of facilities and services. As specified in the Act, eligible services include the maintenance of parks, roadways, landscaped areas, street lighting, drainage basins, and other public facilities. To pay for these services, special taxes are allocated to properties located in the CFD in any reasonable manner other than on an ad valorem basis.

The City of Sacramento (“City”) is the administrator of CFDs located throughout the City that provide for public services, operations, and/or the maintenance of public facilities. For each district, this CFD Tax Administration Report presents information required to be reported annually as set forth in Senate Bill 165, the Local Agency Special Tax and Bond Accountability Act. In addition, this report summarizes the Fiscal Year (“FY”) 2024/25 special tax requirements and actual tax levies of each CFD.

Special taxes are levied pursuant to each district’s unique Rate and Method of Apportionment of Special Tax (“RMA”) approved by City Council when the CFD is formed. These RMAs are on file with the Infrastructure Finance division of the Finance Department, along with a full list of authorized services for each CFD.

The remainder of this report is organized into the following sections:

• Section II provides the City’s annual reporting requirements under Senate Bill 165. • Section III presents the FY2024/25 financial information for all CFDs in the City managed by the Infrastructure Finance division of the Finance Department.

II. Senate Bill 165 Reporting Requirements
FY2024/25 CFD Tax Administration Report Page 2

II. Senate Bill 165 Reporting Requirements
California Senate Bill 165 was approved on September 18, 2000 and enacted the “Local Agency Special Tax and Bond Accountability Act,” requiring that local agencies demonstrate to the voters that special taxes and bond proceeds are being spent on the facilities and services for which they were intended. As part of that, the California Legislature added Section 50075.3 to the California Government Code, setting forth annual reporting requirements related to the special taxes collected by a public agency. Pursuant to Section 50075.3, at least once a year the “chief fiscal officer” of the City will file a report with City Council setting forth the following information:

a. The amount of special taxes that have been collected and expended b. The status of any project required or authorized to be funded by the special taxes

For all CFDs included in this report that levied a special tax in FY2024/25, the information required under California Government Code Section 50075.3 is provided in the tables below.

Table II-1
Senate Bill 165 Reporting Requirements for Year Ended June 30, 2024 CFD Name
Special Taxes
Collected*
Special Taxes
Expended Status of Projects
The Creamery CFD No. 2014-08 $0 $0 No projects
Curtis Park Village CFD No. 2013-03
(Services) $27,576 $2,039 Ongoing Maintenance
Only
Del Paso Nuevo Landscaping CFD No.
2006-06 $32,215 $15,744 Ongoing Maintenance
Only
McKinley Village CFD No. 2014-03
(Services) $0 $0 No projects
Natomas Crossing CFD No. 2013-01 (Youth
Services) $32,456 $2,076 Ongoing Services Only
Neighborhood Alley Maintenance CFD No.
2003-04 $2,912 $163 Ongoing Maintenance
Only
Neighborhood Park Maintenance
CFD No. 2002-02 $2,109,354 $2,034,048 Ongoing Maintenance Only
North Natomas CFD No. 3 $2,811,174 $2,712,468 See Table II-2 Below; Ongoing Maintenance
North Natomas Neighborhood
Landscaping CFD No. 99-02 $588,921 $666,142 Ongoing Maintenance Only
North Natomas TMA CFD No. 99-01
(Transportation and Air Quality Services) $1,839,278 $1,939,575 Ongoing Operating Costs Only
Northwest Land Park CFD No. 2013-02
(Services) $251,286 $214,669 Ongoing Maintenance
Only

II. Senate Bill 165 Reporting Requirements
FY2024/25 CFD Tax Administration Report Page 3

CFD Name
Special Taxes
Collected*
Special Taxes
Expended Status of Projects
Parkebridge Maintenance
CFD No. 2014-07 $222,300 $109,143 Ongoing Maintenance
Only
Redding Avenue Landscaping
CFD No. 2010-04 $10,517 $9,838 Ongoing Maintenance
Only
Sacramento Maintenance
CFD No. 2014-04 – Railyards $228,930 $151,178 Ongoing Maintenance Only
Sacramento Maintenance
CFD No. 2014-04 – Annexation #1
Delta Shores
$338,003 $104,363 Ongoing Maintenance
Only
Sacramento Maintenance
CFD No. 2014-04 – Annexations #2 & #10
Natomas Meadows
$113,880 $32,816 Ongoing Maintenance
Only
Sacramento Maintenance
CFD No. 2014-04 – Annexation #3
Calistoga
$20,195 $9,011 Ongoing Maintenance
Only
Sacramento Maintenance
CFD No. 2014-04 – Annexation #4
Shasta 10
$24,004 $834 Ongoing Maintenance
Only
Sacramento Maintenance
CFD No. 2014-04 – Annexation #5
Crocker Village
$52,789 $1,367 Ongoing Maintenance
Only
Sacramento Maintenance
CFD No. 2014-04 – Annexation #6
Church Street Station
$30,198 $4,544 Ongoing Maintenance
Only
Sacramento Maintenance
CFD No. 2014-04 – Annexation #7
Sutter Park
$0 $0 No projects
Sacramento Maintenance
CFD No. 2014-04 – Annexation #8
Bridgewater
$0 $0 No projects
Sacramento Maintenance
CFD No. 2014-04 – Annexation #9
The Cove
$51,423 $1,594 Ongoing Maintenance
Only
Sacramento Services
CFD No. 2018-05 – Tax Zone #1 Northlake $265,770 $106,749 Ongoing Maintenance Only
Township 9 CFD No. 2012-06 $32,379 $2,982 Ongoing Maintenance Only
Willowcreek Landscaping CFD No. 98-04 $125,340 $125,430 Ongoing Maintenance Only
*Includes interest collected for the year ended June 30, 2023.

II. Senate Bill 165 Reporting Requirements
FY2024/25 CFD Tax Administration Report Page 4

Table II-2
CFD No. 3 Project Status
Project Number and Name
Appropriated
Amount to Date
Expended
Amount to Date
Project
Status
L19140204 – North Natomas
Regional Park Art Landscaping $7,500 $7,500 Closed
L19140400 – North Natomas
Master Plan Amendment $55,083 $0 Open
L19140413 – NNCCAC New Market $220,958 $220,958 Closed
L19140415 – NNCCAC
Construction $524,000 $524,000 Open
L19152300 – Regency Park
Landscaping Improvements $271,234 $271,233 Closed
L19706046 – Park Sidewalk
Repair $273,807 $272,793 Open
L19921000 – Art in Public Places,
Planning Area 10 $6,700 $0 Open
T15155000 – New Market Drive
Median Landscaping $473,919 $473,918 Closed
T15215100 – Natomas Multi-Use
Trail $350,639 $350,639 Closed

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 5

III. CFD Financial Information
The Creamery CFD No. 2014-08
City Council adopted Resolution No. 2015-0016 on January 20, 2015, thereby establishing the Creamery CFD No. 2014-08 (“CFD No. 2014-08”) to fund the maintenance and repair of landscaped areas within public rights-of-way above City standards; weed abatement, repair and maintenance of sound walls; and maintenance and repair of landscaping and amenities for the open space reserved as a future connection of the 10th Street corridor. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

On May 30, 2017, City Council passed a motion authorizing the City Manager (or his/her designee) to execute a Public Improvement Maintenance Agreement (C2017-0705) between the City and The Creamery at Alkali Flat Community Association (the “Creamery HOA”).

Pursuant to this agreement, the Creamery HOA is responsible for the maintenance of the public improvements described above and the CFD will not levy any special taxes to pay for such maintenance unless the Creamery HOA fails to adequately maintain the public improvements.

A map showing the boundaries of CFD No. 2014-08 is provided on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 6

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 7

Curtis Park Village CFD No. 2013-03 (Services)

Background
City Council adopted Resolution No. 2013-0390 on December 3, 2013, thereby establishing the Curtis Park Village CFD No. 2013-03 (“CFD No. 2013-03”) to fund the maintenance and operation of drainage basin landscaping, water pump and aeration features, and the annual energy costs and maintenance of the above-City-standard lighting on the light-rail/Union Pacific pedestrian bridge. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized maintenance services, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $26,501, which is summarized in Table III-1.

Table III-1
CFD No. 2013-03 FY2024/25 Special Tax Requirement

Authorized Services $24,412

Administration
Infrastructure Finance $795
Accounting (incl. County Charge) $1,294
Subtotal Administration $2,089

Total FY2024/25 Special Tax Requirement $26,501

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 8

FY2024/25 Special Tax Levy Summary
The special tax was levied at 100% of the maximum amount in FY2024/25 on Developed Property; no special taxes were levied on Undeveloped Property, as defined in the RMA. This is expected to generate $26,501 in special tax revenues, which is equal to the special tax requirement. Table III-2 details the FY2024/25 special tax levy on all land use categories in CFD No. 2013-03.

Table III-2
CFD No. 2013-03 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the official boundaries of CFD No. 2013-03 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
Developed Parcels
Residential Parcels 286 Units $73.59 per Unit $73.58 per Unit $21,043.88 Multifamily Residential Parcels 91 Units $59.96 per Unit $59.94 per Unit $5,456.66 Mixed-Use Residential Parcels 0 Units $59.96 per Unit $59.94 per Unit $0.00 Undeveloped Parcels 40.88 Acres $1,103.87 per Acre $0.00 per Acre $0.00 Total Fiscal Year 2024/25 Special Tax Levy: $26,500.54
Maximum Actual
Development Units Special Tax Special Tax
FY 2024/25 FY 2024/25

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 9

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 10

Del Paso Nuevo Landscaping CFD No. 2006-06

Background
City Council adopted Resolution No. 2006-0929 on December 12, 2006, thereby establishing the Del Paso Nuevo Landscaping CFD No. 2006-06 (“CFD No. 2006-06”) to fund landscape maintenance services. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA. Additional territory was annexed to the CFD on May 24, 2011 (Reso. No. 2011-0307).

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized maintenance expenses, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $26,757, which is summarized in Table III-3.

Table III-3
CFD No. 2006-06 FY2024/25 Special Tax Requirement

Landscape Maintenance $24,700

Administration
Infrastructure Finance $787
Accounting (incl. County Charge) $1,270
Subtotal Administration $2,057

Total FY2024/25 Special Tax Requirement $26,757

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 11

FY2024/25 Special Tax Levy Summary
The special tax was levied at approximately 52.4% of the maximum amount in FY2024/25 and is expected to produce $25,296 in special tax revenues, which is $1,461 less than the FY2024/25 special tax requirement of $26,757. This shortfall will be paid by available fund balance. Table III-4 details the FY2024/25 special tax levy on all land use categories in CFD No. 2006-06.

Table III-4
CFD No. 2006-06 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2006-06 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
Developed Residential Parcels 248 Units $194.79 per Unit $102.00 per Unit $25,296.00 Total Fiscal Year 2024/25 Special Tax Levy: $25,296.00
Development Units Special Tax Special Tax
FY 2024/25 FY 2024/25
Maximum Actual

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 12

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 13

McKinley Village CFD No. 2014-03 (Services)
City Council adopted Resolution No. 2015-0111 on April 28, 2015, thereby establishing the McKinley Village CFD No. 2014-03 (Services) (“CFD No. 2014-03”) to fund the maintenance of open space areas, sound-walls, parks, storm water drainage facilities, and landscape areas within public rights-of-way located in the McKinley Village development project. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

On May 12, 2015, City Council passed a motion authorizing the City Manager (or his/her designee) to execute the Amended and Restated McKinley Village Public Improvement Maintenance Agreement (C2015-0358-1) between the City and Encore McKinley Village, LLC (the developer of the project). Pursuant to this agreement, the McKinley Village Homeowners Association is responsible for the maintenance of the public improvements described above and the CFD will not levy any special taxes to pay for such maintenance unless the homeowners association fails to adequately maintain the public improvements.

A map showing the boundaries of CFD No. 2014-03 is provided on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 14

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 15

Natomas Crossing CFD No. 2013-01 (Youth Services)
City Council adopted Resolution No. 2013-0360 on November 5, 2013, thereby establishing the Natomas Crossing Youth Services CFD No. 2013-01 (“CFD No. 2013-01”) to fund certain youth and cultural programs and library services in North Natomas. The boundaries of CFD No. 2013- 01 encompass approximately 294 acres located over the entire Natomas Crossing development project. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized services, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $2,094, which is summarized in Table III-5.

Table III-5
CFD No. 2013-01 FY2024/25 Special Tax Requirement

Administration
Infrastructure Finance $967
Accounting (incl. County Charge) $1,127
Subtotal Administration $2,094

Total FY2024/25 Special Tax Requirement $2,094

FY2024/25 Special Tax Levy
The special tax was levied at the maximum amount in FY2024/25 and is expected to produce $32,701 in special tax revenues, which is $30,607 more than the special tax requirement of $2,094. The excess revenues will be used to fund a contingency. Table III-6 details the FY2024/25 special tax levy on all land use categories in CFD No. 2013-01.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 16

Table III-6
CFD No. 2013-01 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2013-01 is provided on the following page.

Special Tax
Land Use Category Revenue
Developed Non-Res idential Parcels
Nonresidential Building - FY20 Base Year 540,582 Square Feet $0.0580 per Sq. Ft. $0.0580 per Sq. Ft. $31,353.74 Nonresidential Building - FY23 Base Year 10,986 Square Feet $0.0280 per Sq. Ft. $0.0280 per Sq. Ft. $307.58 Nonresidential Building - FY24 Base Year 5,475 Square Feet $0.0140 per Sq. Ft. $0.0140 per Sq. Ft. $76.64 Nonresidential Building - FY25 Base Year 160,479 Square Feet $0.0060 per Sq. Ft. $0.0060 per Sq. Ft. $962.86 Total Fiscal Year 2024/25 Special Tax Levy: $32,700.82
Development Units Special Tax Special Tax
FY 2024/25 FY 2024/25
Maximum Actual
FY 2024/25

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 17

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 18

Neighborhood Alley Maintenance CFD No. 2003-04

Background
City Council adopted Resolution No. 2003-663 on September 23, 2003, thereby establishing the Neighborhood Alley Maintenance CFD No. 2003-04 (“CFD No. 2003-04”) to fund alley maintenance services. The boundaries of the CFD encompass approximately 12 acres located in the Regency Park subdivision in North Natomas. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

At the time of CFD formation, it was envisioned that future developments with alley maintenance requirements would annex to the CFD. As of the date of this report, there have been no additional annexations to the CFD and none are anticipated in the future.

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized alley maintenance and accruals for periodic alley maintenance costs, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies.

Alley maintenance costs are anticipated to occur in periodic intervals, and therefore the special tax is levied each year to accumulate funds for this periodic maintenance. For FY2024/25 the special tax requirement is $2,839, which is summarized in Table III-7.

Table III-7
CFD No. 2003-04 FY2024/25 Special Tax Requirement

Accruals for Alley Maintenance $2,671

Administration
Infrastructure Finance $88
Accounting (incl. County Charge) $79
Subtotal Administration $167

Total FY2024/25 Special Tax Requirement $2,839

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 19

FY2024/25 Special Tax Levy Summary
The special tax was levied at approximately 36.75% of the maximum amount to meet the special tax requirement of $2,839. Table III-8 details the FY2024/25 special tax levy in CFD No. 2003-04.

Table III-8
CFD No. 2003-04 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2003-04 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
Developed Residential Parcels 90 Units $85.83 per Unit $31.54 per Unit $2,838.60 Total Fiscal Year 2024/25 Special Tax Levy: $2,838.60
Development Units Special Tax Special Tax
FY 2024/25 FY 2024/25
Maximum Actual

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 20

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 21

Neighborhood Park Maintenance CFD No. 2002-02

Background
City Council adopted Resolution No. 2002-446 on June 25, 2002, thereby establishing the Neighborhood Park Maintenance CFD No. 2002-02 (“CFD No. 2002-02”) to fund the maintenance of landscaping, recreation facilities, and other improvements within neighborhood parks throughout the City. The initial boundaries of CFD No. 2002-02 consisted of the 6.0-acre Elder Creek Unit 2 Subdivision in Council District 6, and a successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property pursuant to the RMA. As of the date of this report, there have been 133 annexations to CFD No. 2002-02. Most new residential development in the City will annex to this CFD to meet conditions placed on their development project to mitigate the impacts on City parks.

Table III-9
CFD No. 2002-02 FY2024/25 Special Tax Requirement

Park Maintenance Services $2,157,000

Administration
Infrastructure Finance $41,519
Accounting (incl. County Charge) $13,364
Subtotal Administration $4,883

Total FY2024/25 Special Tax Requirement $2,211,882

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 22

FY2024/25 Special Tax Levy Summary
The special tax was levied at the maximum amount in FY2024/25 and is expected to produce $2,263,886 in special tax revenues, which is $52,003 more than the special tax requirement of $2,211,882. This surplus will be used to fund a contingency. Table III-10 details the FY2024/25 special tax levy on all land use categories in CFD No. 2002-02.

Table III-10
CFD No. 2002-02 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing all parcels located in CFD No. 2002-02 is shown on the following page. Because of the large number of parcels located throughout the city that are included in this district, it is not possible to clearly show the exact boundaries in this report. Information regarding the current boundaries of CFD No. 2002-02 can be obtained directly from the Infrastructure Finance division of the Finance Department.

FY 2024/25
Tax
Land Use Category Revenue
Developed Parcels
Single Family/Condo/Twnhm/Duplex/Halfplex/Tri-plex 21,206 Units $83.72 per Unit $83.72 per Unit $1,775,366.32 Multi-Family/Mixed Use/Mobile Home Park 10,005 Units $48.83 per Unit $48.82 per Unit $488,519.42 31,211
Total Fiscal Year 2024/25 Special Tax Levy: $2,263,885.74 FY 2024/25 FY 2024/25
Maximum Actual
Development Units Special Tax Special Tax

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 23

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 24

North Natomas CFD No. 3

Background
City Council adopted Resolution No. 98-259 on June 9, 1998, thereby establishing the North Natomas CFD No. 3 (“CFD No. 3”) to fund maintenance of parks, landscape corridors, and open space facilities unique to North Natomas or above City standards. The boundaries of CFD No. 3 encompass approximately 6,900 acres located in the North Natomas Community Plan Area. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized services, landscape capital projects, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $2,995,885, which is summarized in Table III-11.

Table III-11
CFD No. 3 FY2024/25 Special Tax Requirement

Authorized Services
Drainage Operations $300,000
Streetscapes Maintenance $733,750
Park Maintenance $1,835,000
Youth Services
Aquatic Center Maintenance
$25,000
$30,000
Subtotal Authorized Services $2,930,750

Administration
Infrastructure Finance $58,708
Accounting (incl. County Charge) $13,428
Subtotal Administration $72,135

Total FY2024/25 Special Tax Requirement $2,995,885

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 25

FY2024/25 Special Tax Levy Summary
The special tax was levied at the maximum amount in FY2024/25 and is expected to produce $2,889,684 in special tax revenues, which is $106,201 less than the special tax requirement of $2,995,885. This shortfall will be paid by available fund balance. Table III-12 details the FY2024/25 special tax levy on all land use categories in CFD No. 3.

Table III-12
CFD No. 3 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 3 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
Developed Parcels
Detached Residential Unit 18,380 Units $102.50 per Unit $102.48 per Unit $1,883,582.40 Duplex/Condominium 2,346 Units $63.06 per Unit $63.04 per Unit $147,897.08 Other Residential/Non-Residential 1,116.07 Acres $719.31 per Acre $719.30 per Acre $802,793.14 Sports Complex 0.00 Acres $413.79 per Acre $413.78 per Acre $0.00 Large Lot Parcels
Residential/Non-Residential/Sports Complex 351.45 Acres $157.67 per Acre $157.66 per Acre $55,411.26 Total Fiscal Year 2024/25 Special Tax Levy: $2,889,683.88 FY 2024/25 FY 2024/25
Maximum Actual
Development Units Special Tax Special Tax

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 26

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 27

North Natomas Neighborhood Landscaping CFD No. 99-02

Background
City Council adopted Resolution No. 99-372 on June 29, 1999, thereby establishing the North Natomas Neighborhood Landscaping CFD No. 99-02 (“CFD No. 99-02”). The district was originally comprised of three tax zones: Tax Zone A (Natomas Park), Tax Zone B (Natomas Crossing), and Tax Zone C (Gateway North). A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA. There have been 13 annexations to CFD No. 99-02 since its formation and eight additional tax zones have been created. The separate tax zones are needed to provide for varying levels of landscape maintenance needs in the different subdivisions.

The purpose of CFD No. 99-02 is to fund landscape maintenance for certain subdivisions in North Natomas that do not have such maintenance funding provided through a homeowner’s association. It also provides drainage maintenance services for certain subdivisions that require a lake management plan that is not provided through a homeowner’s association.

Table III-13
CFD No. 99-02 FY2024/25 Special Tax Requirement
Authorized Services
Drainage Operations $0
Streetscapes Maintenance $744,801
Subtotal Authorized Services $744,801

Administration
Infrastructure Finance $12,975
Accounting (incl. County Charge) $9,046
Subtotal Administration $22,021

Total FY2024/25 Special Tax Requirement $766,822

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 28

FY2024/25 Special Tax Levy Summary

In all but three Tax Zones, the actual special tax needed to pay for authorized services was less than the authorized maximum special tax. The total FY2024/25 tax levy of $676,807 is $90,015 less than the special tax requirement of $766,822. This shortfall will be paid by available fund balance. Table III-14 details the FY2024/25 special tax levy on all taxing categories, delineated by Tax Zone, in CFD No. 99-02.

Table III-14
CFD No. 99-02 FY2024/25 Special Tax Levy Summary 1

1 Only land use categories with non-zero maximum tax rates are shown.

FY 2024/25
Special Tax
Revenue
Developed (Landscape Maintenance) 5,668 Units $69.23 per Unit $50.50 per Unit $286,234.00 Undeveloped 0.00 Acres $375.81 per Acre $0.00 per Acre $0.00 Total Tax Zone A $286,234.00
Developed (Landscape Maintenance) 448 Units $89.01 per Unit $89.00 per Unit $39,872.00 Total Tax Zone B $39,872.00
Developed (Landscape Maintenance) 0 Units $118.68 per Unit $0.00 per Unit $0.00 Developed (Drainage Maintenance) 0 Units $296.69 per Unit $0.00 per Unit $0.00 Total Tax Zone C $0.00
Developed (Landscape Maintenance) 0 Units $133.13 per Unit $0.00 per Unit $0.00 Developed (Drainage Maintenance) 0 Units $76.08 per Unit $0.00 per Unit $0.00 Developed (Landscape Maintenance) 324 Units $146.30 per Unit $146.28 per Unit $47,394.72 Total Tax Zone E $47,394.72
Developed (Landscape Maintenance) 2,498 Units $36.57 per Unit $26.00 per Unit $64,948.00 Total Tax Zone F $64,948.00
Developed (Landscape Maintenance) 0 Units $193.42 per Unit $0.00 per Unit $0.00 Total Tax Zone G $0.00
Developed (Landscape Maintenance) 704 Units $93.43 per Unit $80.00 per Unit $56,320.00 Total Tax Zone H $56,320.00
Developed (Landscape Maintenance) 490 Units $19.03 per Unit $19.02 per Unit $9,319.80 Total Tax Zone I $9,319.80
Developed (Landscape Maintenance) 1,066 Units $126.85 per Unit $98.00 per Unit $104,468.00 Total Tax Zone J $104,468.00
Developed (Landscape Maintenance) 1,950 Units $62.60 per Unit $35.00 per Unit $68,250.00 Developed (Drainage Maintenance) 0 Units $87.31 per Unit $0.00 per Unit $0.00 Total Tax Zone K $68,250.00
Tax Zone K
Tax Zone J
Tax Zone I
Tax Zone H
Tax Zone G
Tax Zone F
Tax Zone E
Tax Zone D
Tax Zone C
Tax Zone B
FY 2024/25 FY 2024/25
Maximum Actual
Taxing Category Development Units Special Tax Special Tax Tax Zone A

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 29

CFD No. 99-02 Boundary Map
A map showing the boundaries of CFD No. 99-02 and its Tax Zones is provided below:

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 30

North Natomas TMA CFD No. 99-01

Background
City Council adopted Resolution No. 99-374 on June 29, 1999, thereby establishing the North Natomas Transportation Management Association (“NNTMA”) CFD No. 99-01 (“CFD No. 99-01”) to fund the annual operating costs of the NNTMA. The boundaries of CFD No. 99-01 encompass approximately 6,900 acres located in North Natomas. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

On November 29, 2005, approximately 6.1 acres known as the “Machado Property” annexed to CFD No. 99-01 as “Annexation No. 1”. This property, located east of Airport Road and north or Tanzanite Avenue, had not been included in the original boundaries of CFD No. 99-01 and was annexed to the CFD through a successful landowner election.

On August 1, 2018, the NNTMA officially changed its name to “North Natomas Jibe,” however the official name of CFD No. 99-01 will remain the same.

The Greenbriar (now Northlake) development annexed to CFD No. 99-01 as “Annexation No. 2” on July 24, 2019, through the unanimous consent of the landowners of that annexation area.

The Northlake project area annexed approximately 577 acres to CFD No. 99-01 and is generally bounded by Elkhorn Boulevard to the north, State Highway 99 to the east, Interstate 5 to the south, and the City of Sacramento city limits to the west and north.

As part of the annexation process for Annexation No. 2, costs of service related to the Northlake development were calculated separately from the existing CFD No. 99-01 area. This resulted in Annexation No. 2 having different maximum special tax rates than properties in the existing CFD boundaries are subject to. Table III-16 below provides a detailed summary of the special tax rates and revenues generated for each area of CFD No. 99-01.

The first parts of the Panhandle development were annexed to CFD No. 99-01 as “Annexation No. 3” on October 5, 2023, and “Annexation No. 4” on June 21, 2024 through the unanimous consent of the landowners of that annexation area. The Panhandle project area has annexed approximately 166.2 acres, so far, to CFD No. 99-01 and is generally bounded by West Elkhorn Boulevard to the north, existing development to the west, Del Paso Rd to the south, and Sorento Rd to the east.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 31

As part of the annexation process for Annexation No. 3 and 4, costs of service related to the Northlake development were calculated separately from the existing CFD No. 99-01 area. This resulted in Annexation No. 3 and 4 having different maximum special tax rates than properties in the existing CFD boundaries are subject to. The approved special tax rates for “Annexation No. 3” are memorialized in the Notice of Special Tax Lien recorded October 20, 2023. The approved special tax rates for “Annexation No. 4” are memorialized in the Notice of Special Tax Lien recorded June 24, 2024. The maximum special tax rates for these annexations have been established, however it is not currently being levied because it is currently under development.

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized North Natomas Jibe services, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $2,019,137, which is summarized in Table III-15.

Table III-15
CFD No. 99-01 FY2024/25 Special Tax Requirement

NNTMA Operating Costs $1,970,000

Administration
Infrastructure Finance $34,919
Accounting (incl. County Charge) $14,218
Subtotal Administration $47,050

Total FY2024/25 Special Tax Requirement $2,019,137

FY2024/25 Special Tax Levy Summary
The special tax was levied at the maximum amount in FY2024/25 and is expected to produce $2,021,825 in special tax revenues, which is $2,688 more than the special tax requirement of $2,019,137. This surplus will be used to fund a contingency. Table III-16 on the following page details the FY2024/25 special tax levy on all land use categories and annexations in CFD No. 99-

01. III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 32

Table III-16
CFD No. 99-01 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 99-01 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
Formation and Annexation #1 Parcels
Developed Res idential Parcels
Detached Single Family Units 18,380 Units $34.38 per Unit $34.36 per Unit $631,536.80 Multi-Family Units and Condominiums 9,360 Units $26.72 per Unit $26.70 per Unit $250,049.82 Developed Non-Res idential Parcels
Office 2,515,427 Sq. Ft. $0.11456 per Sq. Ft. $0.11456 per Sq. Ft. $288,164.68 Commercial 3,327,390 Sq. Ft. $0.19097 per Sq. Ft. $0.19097 per Sq. Ft. $635,434.76 Industrial 1,157,649 Sq. Ft. $0.05731 per Sq. Ft. $0.05731 per Sq. Ft. $66,347.18 Sports Complex 0.00 Acres $381.89 per Net Acre $381.89 per Net Acre $0.00 Annexation #2 - Greenbriar Parcels
Developed Res idential Parcels
Detached Single Family Units 1,546 Units $88.66 per Unit $88.66 per Unit $137,068.36 Multi-Family Units and Condominiums 191 Units $69.23 per Unit $69.22 per Unit $13,223.16 Developed Non-Res idential Parcels
Office 0 Sq. Ft. $0.00000 per Sq. Ft. $0.00000 per Sq. Ft. $0.00 Commercial 0 Sq. Ft. $0.00000 per Sq. Ft. $0.00000 per Sq. Ft. $0.00 Industrial 0 Sq. Ft. $0.00000 per Sq. Ft. $0.00000 per Sq. Ft. $0.00 Sports Complex 0.00 Acres $0.00 per Net Acre $0.00 per Net Acre $0.00 Total Fiscal Year 2024/25 Special Tax Levy: $2,021,824.76 Maximum Actual
Development Units Special Tax Special Tax
FY 2024/25 FY 2024/25

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 33

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 34

Northwest Land Park CFD No. 2013-02 (Services)

Background
City Council adopted Resolution No. 2013-0319 on September 24, 2013, thereby establishing the Northwest Land Park CFD No. 2013.-02 (“CFD No. 2013-02”) to fund the maintenance of a

4.5-acre neighborhood park, a bike trail, and an urban farm on the Leataata Floyd Elementary School campus. The Northwest Land Park Development Project will be constructed in four phases, with the initial boundaries of CFD No. 2013-02 consisting of approximately 9.0 acres representing the first phase of development. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

City Council also adopted Resolution No. 2013-0320 on September 24, 2013, stating its intention to provide for the future annexation of territory to the CFD. The future annexation area was established on October 29, 2013, by Resolution No. 2013-0352, thereby allowing future phases of the Northwest Land Park Development Project to annex to CFD No. 2013-02 using a unanimous consent process. As of the date of this report, three annexations have occurred and the total area of the CFD now encompasses approximately 31.4 acres.

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized services, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies. The FY2024/25 special tax requirement is $253,234, which is summarized in Table III-17 on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 35

Table III-17
CFD No. 2013-02 FY2024/25 Special Tax Requirement

Authorized Services
Neigh. Park Maintenance $51,000
Leataata Floyd Lease $91,802
Floyd Farm Maintenance $29,266
Southside Park Maintenance Contribution $74,954
Subtotal Authorized Services $247,022

Administration
Infrastructure Finance $4,811
Accounting (incl. County Charge) $1,400
Subtotal Administration $6,211

Total FY2024/25 Special Tax Requirement $253,234

FY2024/25 Special Tax Levy Summary
In FY2024/25 the special tax was levied on all Developed Parcels at approximately 63.4% of the maximum amount; no special taxes were levied on Final Use parcels (all as defined in the RMA).

The FY2024/25 special tax levy is expected to produce $251,652 in special tax revenues, which is $1,582 less than the special tax requirement of $253,234. This shortfall will be paid by available fund balance. Table III-18 details the FY2024/25 special tax levy on all land use categories in CFD No. 2013-02.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 36

Table III-18
CFD No. 2013-02 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the current boundaries of CFD No. 2013-02 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
Developed Parcels
Residential Parcels <800 Square Feet 67 Units $374.77 per Unit $237.76 per Unit $15,929.92 Residential Parcels btw. 800-1,199 Square Feet 315 Units $517.87 per Unit $328.54 per Unit $103,490.10 Residential Parcels > 1,200 Square Feet 84 Units $660.96 per Unit $419.32 per Unit $35,222.88 Multifamily Residential Uses 408 Units $374.77 per Unit $237.76 per Unit $97,009.22 Final Us e Parcels
Final Use Parcels 0 Units $272.56 per Acre $0.00 per Unit $0.00 Total Fiscal Year 2024/25 Special Tax Levy: $251,652.12 Maximum Actual
Development Units Special Tax Special Tax
FY 2024/25 FY 2024/25

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 37

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 38

Parkebridge Maintenance CFD No. 2014-07
City Council adopted Resolution No. 2015-0017 on January 20, 2015, thereby establishing the Parkebridge Maintenance CFD No. 2014-07 (“CFD No. 2014-07”) to fund the maintenance of roadway facilities, transit facilities, sound-walls, parks, bikeway and pedestrian paths, storm water drainage facilities and/or landscape areas within public rights-of-way located in the Parkebridge development. The boundaries of CFD No. 2014-07 encompass approximately 91 acres located over the entire proposed Parkebridge project. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

FY2024/25 Special Tax Levy
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized maintenance and administrative expenses of the CFD, any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $160,907, which is summarized in Table III-19.

Table III-19
CFD No. 2014-07 FY2024/25 Special Tax Requirement

Authorized Services
Drainage Operations $10,000
Streetscapes Maintenance $88,300
Park Maintenance $57,000
Subtotal Authorized Services $155,330

Administration
Infrastructure Finance $4,152
Accounting (incl. County Charge) $1,425
Subtotal Administration $7,238

Total FY2024/25 Special Tax Requirement $160,908

FY2024/25 Special Tax Levy Summary
In FY2024/25, the special tax was levied at approximately 74.1% of the maximum amount on Developed Property; no special tax was levied on Final Use and Undeveloped Property (all as defined in the RMA). This tax levy is expected to produce $236,997 in special tax revenues, which is $76,089 more than the special tax requirement of $160,908. This excess revenue will

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 39

be used to fund a contingency. Table III-20 details the FY2024/25 special tax levy on all land use categories in CFD No. 2014-07.

Table III-20
CFD No. 2014-07 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2014-07 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
Developed Parcels
Single Family Residential 510 Units $626.79 per Unit $464.70 per Unit $236,997.00 Condominium 0 Units $626.79 per Unit $464.70 per Unit $0.00 Multi-Family Residential 0 Units $626.79 per Unit $464.70 per Unit $0.00 Mixed-Use Residential 0 Units $626.79 per Unit $464.70 per Unit $0.00 Final Use and Undeveloped Parcels 0 Acres $3,673.84 per Acre $0.00 per Acre $0.00 Total Fiscal Year 2024/25 Special Tax Levy: $236,997.00 Maximum Actual
Development Units Special Tax Special Tax
FY 2024/25 FY 2024/25

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 40

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 41

Redding Avenue Landscaping CFD No. 2010-04

Background
City Council adopted Resolution No. 2010-467 on August 5, 2010, thereby establishing the Redding Avenue Landscaping CFD No. 2010-04 (“CFD No. 2010-04”) to fund the maintenance of landscaping improvements along Redding Avenue. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized landscaping services, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $9,847, which is summarized in Table III-21.

Table III-21
CFD No. 2010-04 FY2024/25 Special Tax Requirement

Landscape Maintenance $9,500

Administration
Infrastructure Finance $317
Accounting (incl. County Charge) $29
Subtotal Administration $338

Total FY2024/25 Special Tax Requirement $9,847

FY2024/25 Special Tax Levy Summary
The special tax was levied at 100% of the maximum amount in FY2024/25 and is expected to produce $10,600 in special tax revenues, which is $753 greater than the special tax requirement of $9,847. These excess special tax revenues will be used to fund a contingency for maintenance services. Table III-22 details the FY2024/25 special tax levy on all land use categories in CFD No. 2010-04.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 42

Table III-22
CFD No. 2010-04 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2010-04 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
All Parcels 2,255 Sq. Ft. $4.7005 per Sq. Ft. $4.7005 per Sq. Ft. $10,599.58 Total Fiscal Year 2024/25 Special Tax Levy: $10,599.58
Total FY 2024/25 FY 2024/25
Linear Maximum Actual
Square Feet Special Tax Special Tax

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 43

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 44

Sacramento Maintenance CFD No. 2014-04 – Railyards

Background
City Council adopted Resolution No. 2014-0394 on December 2, 2014, thereby establishing the Railyards Maintenance CFD No. 2014-04 to fund the maintenance of roadways, transit facilities, parks, bikeway and pedestrian paths, storm water facilities, and the area known as the West Tunnel in the Railyards development. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

On April 14, 2015, City Council adopted Resolution No. 2015-0088 to change the name of the district to the Sacramento Maintenance CFD No. 2014-04 (“CFD No. 2014-04”) and state its intention to provide for future annexation of territory to the CFD. Council then adopted Resolution No. 2015-0130 on May 19, 2015, to officially establish the future annexation area for CFD No. 2014-04. The originally boundaries of CFD No. 2014-04 encompass approximately 185 acres and make up the entirety of the Railyards Specific Plan. At the time of CFD formation, the Railyards project was entitled to build as many as 12,100 dwelling units, 4.3 million square feet of nonresidential development, and up to 1,100 hotel rooms.

As of July 1, 2022, there have been 10 annexations to CFD No. 2014-04, and specific information on the areas annexed can be found in the subsequent sections of this report.

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized operations and maintenance expenses, administrative expenses of the CFD, amounts that may be accrued for future repair or replacement costs of facilities maintained by the CFD, and any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $239,768, which is summarized in Table III-23 on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 45

Table III-23
CFD No. 2014-04 - Railyards
FY2024/25 Special Tax Requirement
Authorized Services
Streetscapes Maintenance $186,732
West Tunnel – Streetscapes $14,288
West Tunnel – Parking $10,500
West Tunnel – Facilities Maintenance $15,000
Park Maintenance $7,500
Drainage Operations $0
Subtotal Authorized Services $234,020

Administration
Infrastructure Finance $4,615
Accounting (incl. County Charge) $1,133
Subtotal Administration $5,748

Total FY2024/25 Special Tax Requirement $239,768

FY2024/25 Special Tax Levy Summary
In FY2024/25 the special tax was only levied on Developed Property at the maximum amount and on Final Mapped Property (both as defined in the RMA) at approximately 18.8% of the maximum amount. This is expected to produce $289,768 in special tax revenues, which is $50,000 more than the special tax requirement of $239,768. This excess revenue will be used to fund a contingency. Table III-24 details the FY2024/25 special tax levy on all land use categories in CFD No. 2014-04.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 46

Table III-24
CFD No. 2014-04 - Railyards
FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2014-04 is provided on the following page.

FY 2024/25
Special Tax
Revenue
Developed Residential
Market Rate Unit 276 Units $342.36 per Unit $342.36 per Unit $94,492.68 Affordable Unit 219 Units $0.00 per Unit $0.00 per Unit $0.00 Subtotal Developed Residential 495 Units $94,492.68
Developed Non-Residential 0 Bldg. s.f. $0.25 per Bldg. s.f. $0.25 per Bldg. s.f. $0.00 Developed Other 54,885 Land s.f. $0.55 per Land. s.f. $0.55 per Land. s.f. $30,354.18 Subtotal Developed Non-Res. 54,885 Total s.f $30,354.18 Land - Final Mapped 1,583,008 Land s.f. $0.55 per Land. s.f. $0.10 per Land. s.f. $164,921.11 Land - Undeveloped 5,353,958 Land s.f. $0.55 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Land 6,936,966 Land s.f. $164,921.11
Total CFD Formation - Railyards $289,767.97
FY 2024/25 FY 2024/25
CFD Formation - Railyards
Maximum Actual
Land Use Category Development Units Special Tax Special Tax

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 47

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 48

Sacramento Maintenance CFD No. 2014-04 Annexation #1 – Delta Shores

Background
The Delta Shores project is the first annexation to the Sacramento Maintenance CFD No. 2014-

04. The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2014-04 Annexation #1”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the repair, maintenance, utility costs and scheduled inspections of roadway facilities, transit facilities, water quality facilities, storm drainage facilities, bikeway and pedestrian paths, parks, and landscaped areas within public rights-of-way. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded April 8, 2016.

The boundaries of CFD No. 2014-04 Annexation #1 encompass approximately 816 acres and make up the entirety of the Delta Shores project. At the time of annexation, buildout of the Delta Shores project was expected produce over 5,000 new dwelling units and over 1.4 million square feet of new nonresidential development.

Table III-25
CFD No. 2014-04 Annexation #1 FY2024/25 Special Tax Requirement

Authorized Services
Drainage Operations $298,120
Streetscapes Maintenance $132,750
Park Maintenance $0
Subtotal Authorized Services $430,870

Administration
Infrastructure Finance $6,529
Accounting (incl. County Charge) $1,246
Subtotal Administration $7,775

Total FY2024/25 Special Tax Requirement $438,645

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 49

FY2024/25 Special Tax Levy Summary
The special tax was levied at 100% of the maximum amount in FY2024/25 on Developed Property, 19% on Final Map Property, and at 0% on Undeveloped Property (all as defined in the RMA). This tax levy is expected to produce $309,962 in special tax revenues, which is $128,683 less than the special tax requirement of $438,645. This shortfall will be paid by available fund balance. Table III-26 details the FY2024/25 special tax levy on all land use categories in CFD No. 2014-04 Annexation #1.

Table III-26
CFD No. 2014-04 Annexation #1 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2014-04 Annexation #1 is provided on the following page.

FY 2024/25
Special Tax
Revenue
Developed Residential
Low Density 20 Units $545.07 per Unit $545.06 per Unit $10,901.20 Medium Density 128 Units $428.19 per Unit $428.18 per Unit $54,807.04 High Density 0 Units $259.01 per Unit $259.00 per Unit $0.00 Mixed Use 0 Units $260.18 per Unit $260.18 per Unit $0.00 Subtotal Developed Residential 148 Units $65,708.24
Developed Non-Residential
Mixed Use Town Center 0 Bldg. s.f. $0.17 per Bldg. s.f. $0.17 per Bldg. s.f. $0.00 Village/Regional Center 915,927 Bldg. s.f. $0.21 per Bldg. s.f. $0.21 per Bldg. s.f. $192,972.84 Corner Retail 9,729 Bldg. s.f. $0.20 per Bldg. s.f. $0.20 per Bldg. s.f. $1,921.62 Subtotal Developed Non-Res. 925,656 Total s.f $194,894.46 Land - Final Mapped 2,666,512 Land s.f. $0.10 per Land. s.f. $0.02 per Land. s.f. $49,359.08 Land - Undeveloped 17,949,330 Land s.f. $0.10 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Land 20,615,842 Land s.f. $49,359.08
Total FY 2024/25 Special Tax Levy $309,961.78
Maximum Actual
Land Use Category Development Units Special Tax Special Tax FY 2024/25 FY 2024/25

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 50

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 51

Sacramento Maintenance CFD No. 2014-04 Annexations #2 – Natomas Meadows and Annexation #10 – Natomas Meadows East

Background
The Natomas Meadows project is the second annexation to the Sacramento Maintenance CFD No. 2014-04. The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2014-04 Annexation #2”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance of landscaped areas in the Natomas Meadows development.

The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded September 1, 2016.

The boundaries of CFD No. 2014-04 Annexation #2 encompass approximately 97 acres of land in the Natomas Meadows project, with a total of 629 units expected to be built within the annexation area.

In 2020, the Natomas Meadows East project became the tenth annexation to the Sacramento Maintenance CFD No. 2014-04. The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2014-04 Annexation #10”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance of the same landscaped areas as those under CFD No. 2014-04 Annexation #2. Therefore, the special tax rates for CFD No. 2014-04 Annexation #10 are the same as those for CFD No. 2014-04 Annexation #2, and the taxes levied for both annexations are used to fund the same special tax requirement.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 52

Table III-27
CFD No. 2014-04 Annexations #2 and #10 FY2024/25 Special Tax Requirement

Landscape Maintenance $39,500

Administration
Infrastructure Finance $3,346
Accounting (incl. County Charge) $869
Subtotal Administration $4,215

Total FY2024/25 Special Tax Requirement $43,715

FY2024/25 Special Tax Levy Summary
The special tax was levied at 97% of the maximum amount in FY2024/25 on Developed Property; no special taxes were levied on Final Map or Undeveloped Property (all as defined in the RMA). This tax levy is expected to produce $107,591 in special tax revenues, which is $63,876 more than the special tax requirement of $43,715. This excess revenue will be used to fund a contingency. Table III-28 details the FY2024/25 special tax levy on all land use categories in CFD No. 2014-04 Annexations #2 and #10.

Table III-28
CFD No. 2014-04 Annexations #2 and #10 FY2024/25 Special Tax Levy Summary

FY 2024/25
Special Tax
Revenue
Developed Residential
Market Rate Unit 613 Units $157.24 per Unit $152.18 per Unit $93,286.34 Affordable Unit 0 Units $0.00 per Unit $0.00 per Unit $0.00 Subtotal Developed Residential 613 Units $93,286.34
Developed Non-Residential 0 Bldg. s.f. $0.00 per Bldg. s.f. $0.00 per Bldg. s.f. $0.00 Developed Other 0 Land s.f. $0.00 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Developed Non-Res. 0 Total s.f $0.00
Land - Final Mapped 0 Land s.f. $0.03 per Land. s.f. $0.00 per Land. s.f. $0.00 Land - Undeveloped 0 Land s.f. $0.03 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Land 0 Land s.f. $0.00
Total Special Tax Levy Annexation #2 - Natomas Meadows $93,286.34 Land Use Category Development Units Special Tax Special Tax Annexation #2 - Natomas Meadows
FY 2024/25 FY 2024/25
Maximum Actual

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 53

Boundary Map
A map showing the boundaries of CFD No. 2014-04 Annexation #2 is provided on the following page.

FY 2024/25
Special Tax
Revenue
Developed Residential
Market Rate Unit 94 Units $157.24 per Unit $152.18 per Unit $14,304.92 Affordable Unit 0 Units $0.00 per Unit $0.00 per Unit $0.00 Subtotal Developed Residential 94 Units $14,304.92
Developed Non-Residential 0 Bldg. s.f. $0.00 per Bldg. s.f. $0.00 per Bldg. s.f. $0.00 Developed Other 0 Land s.f. $0.00 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Developed Non-Res. 0 Total s.f $0.00
Land - Final Mapped 0 Land s.f. $0.03 per Land. s.f. $0.00 per Land. s.f. $0.00 Land - Undeveloped 0 Land s.f. $0.03 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Land 0 Land s.f. $0.00
Total Special Tax Levy Annexation #10 - Natomas Meadows Eas t $14,304.92 FY 2024/25FY 2024/25
Annexation #10 - Natomas Meadows East
Special TaxSpecial TaxDevelopment UnitsLand Use Category ActualMaximum

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 54

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 55

Sacramento Maintenance CFD No. 2014-04 Annexation #3 – Calistoga

Background
The Calistoga project is the third annexation to the Sacramento Maintenance CFD No. 2014-04.

The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2014-04 Annexation #3”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance of landscaped areas in the Calistoga development. The approved special tax rates are memorialized in the Amended and Restated Notice of Special Tax Lien recorded February 23, 2017.

The boundaries of CFD No. 2014-04 Annexation #3 encompass approximately 4.7 acres of land with a total of 35 units expected to be built within the annexation area.

Table III-29
CFD No. 2014-04 Annexation #3 FY2024/25 Special Tax Requirement

Landscape Maintenance $14,500

Administration
Infrastructure Finance $590
Accounting (incl. County Charge) $122
Subtotal Administration $712

Total FY2024/25 Special Tax Requirement $15,212

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 56

FY2024/25 Special Tax Levy Summary
In FY2024/25, the special tax was levied at 100% of the maximum amount on Developed Property and no special tax was levied on either Final Map Property or Undeveloped Property (all as defined in the RMA). This tax levy is expected to produce $19,617 in special tax revenues, which is $4,405 more than the special tax requirement of $15,212. This excess revenue will be used to fund a contingency. Table III-30 details the FY2024/25 special tax levy on all land use categories in CFD No. 2014-04 Annexation #3.

Table III-30
CFD No. 2014-04 Annexation #3 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2014-04 Annexation #3 is provided on the following page.

FY 2024/25
Special Tax
Revenue
Developed Residential
Market Rate Unit 35 Units $560.49 per Unit $560.48 per Unit $19,616.80 Affordable Unit 0 Units $0.00 per Unit $0.00 per Unit $0.00 Subtotal Developed Residential 35 Units $19,616.80
Developed Non-Residential 0 Bldg. s.f. $0.00 per Bldg. s.f. $0.00 per Bldg. s.f. $0.00 Developed Other 0 Land s.f. $0.14 per Land. s.f. $0.14 per Land. s.f. $0.00 Subtotal Developed Non-Res. 0 Total s.f $0.00
Land - Final Mapped 0 Land s.f. $0.14 per Land. s.f. $0.00 per Land. s.f. $0.00 Land - Undeveloped 0 Land s.f. $0.14 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Land 0 Land s.f. $0.00
Total Special Tax Levy Annexation #3 - Calistoga $19,616.80 Actual
Special TaxLand Use Category Development Units
FY 2024/25
Maximum
Special Tax
FY 2024/25
Annexation #3 - Calistoga

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 57

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 58

Sacramento Maintenance CFD No. 2014-04 Annexation #4 – Shasta 10

Background
The Shasta 10 project is the fourth annexation to the Sacramento Maintenance CFD No. 2014-

04. The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2014-04 Annexation #4”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance of bioretention planters and related facilities located in the Shasta 10 development. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded November 20, 2017.

The boundaries of CFD No. 2014-04 Annexation #4 encompass approximately 10 acres of land with a total of 60 units expected to be built within the annexation area.

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized drainage maintenance services, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $20,853, which is summarized in Table III-31.

Table III-31
CFD No. 2014-04 Annexation #4 FY2024/25 Special Tax Requirement

Drainage Maintenance $20,000

Administration
Infrastructure Finance $702
Accounting (incl. County Charge) $151
Subtotal Administration $853

Total FY2024/25 Special Tax Requirement $20,853

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 59

FY2024/25 Special Tax Levy Summary
In FY2024/25 the special tax was levied at 100% of the maximum amount on Developed Property and no special tax was levied on either Final Map Property or Undeveloped Property (all as defined in the RMA). This tax levy is expected to produce $23,318 in special tax revenues, which is $2,465 more than the special tax requirement of $20,853. This excess revenue will be used to fund a contingency. Table III-32 details the FY2024/25 special tax levy on all land use categories in CFD No. 2014-04 Annexation #4.

Table III-32
CFD No. 2014-04 Annexation #4 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2014-04 Annexation #4 is provided on the following page.

FY 2024/25
Special Tax
Revenue
Developed Residential
Market Rate Unit 60 Units $388.64 per Unit $388.62 per Unit $23,317.20 Affordable Unit 0 Units $0.00 per Unit $0.00 per Unit $0.00 Subtotal Developed Residential 60 Units $23,317.20
Developed Non-Residential 0 Bldg. s.f. $0.00 per Bldg. s.f. $0.00 per Bldg. s.f. $0.00 Developed Other 0 Land s.f. $0.08 per Land. s.f. $0.08 per Land. s.f. $0.00 Subtotal Developed Non-Res. 0 Total s.f $0.00
Land - Final Mapped 0 Land s.f. $0.08 per Land. s.f. $0.08 per Land. s.f. $0.00 Land - Undeveloped 0 Land s.f. $0.08 per Land. s.f. $0.08 per Land. s.f. $0.00 Subtotal Land 0 Land s.f. $0.00
Total Special Tax Levy Annexation #4 - Shas ta 10 $23,317.20 Land Use Category Development Units Special Tax Special Tax Annexation #4 - Shasta 10
FY 2024/25 FY 2024/25
Maximum Actual

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 60

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 61

Sacramento Maintenance CFD No. 2014-04 Annexation #5 – Crocker Village

Background
The Crocker Village project is the fifth annexation to the Sacramento Maintenance CFD No. 2014-04. The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2014-04 Annexation #5”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance and utility costs of storm drainage facilities, pedestrian walkways, parks, and landscaped areas located in the Crocker Village development. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded February 13, 2018.

The boundaries of CFD No. 2014-04 Annexation #5 encompass approximately 25.6 net acres of land with a total of 331 units expected to be built within the annexation area.

Table III-33
CFD No. 98-04 FY2024/25 Special Tax Requirement

Authorized Services
Landscape Maintenance $40,000
Drainage Maintenance $16,500
Park Maintenance $1,200
Subtotal Authorized Services $57,700

Administration
Infrastructure Finance $1,555
Accounting (incl. County Charge) $341
Subtotal Administration $1,896

Total FY2024/25 Special Tax Requirement $59,596

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 62

FY2024/25 Special Tax Levy Summary
In FY2024/25, the special tax was levied at approximately 52.9% of the maximum amount on Developed Property and no special tax was levied on either Final Map Property or Undeveloped Property (all as defined in the RMA). This tax levy is expected to produce $50,000, in special tax revenues, which is $9,596 less than the special tax requirement of $59,596. This shortfall will be paid by available fund balance. Table III-34 details the FY2024/25 special tax levy on all land use categories in CFD No. 2014-04 Annexation #5.

Table III-34
CFD No. 2014-04 Annexation #5 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2014-04 Annexation #5 is provided on the following page.

FY 2024/25
Special Tax
Revenue
Developed Residential
Market Rate Unit 199 Units $475.11 per Unit $251.24 per Unit $49,996.76 Multi-Family Unit 0 Units $260.07 per Unit $137.52 per Unit $0.00 Affordable Unit 0 Units $0.00 per Unit $0.00 per Unit $0.00 Subtotal Developed Residential 199 Units $49,996.76
Developed Non-Residential 0 Bldg. s.f. $0.00 per Bldg. s.f. $0.00 per Bldg. s.f. $0.00 Developed Other 0 Land s.f. $0.00 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Developed Non-Res. 0 Total s.f $0.00
Land - Final Mapped 109,690 Land s.f. $0.14 per Land. s.f. $0.00 per Land. s.f. $0.00 Land - Undeveloped 0 Land s.f. $0.14 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Land 109,690 Land s.f. $0.00
Total Special Tax Levy Annexation #5 - Crocker Village $49,996.76 Land Use Category Development Units Special Tax Special Tax Annexation #5 - Crocker Village
FY 2024/25 FY 2024/25
Maximum Actual

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 63

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 64

Sacramento Maintenance CFD No. 2014-04 Annexation #6 – Church Street Station

Background
The Church Street Station project is the sixth annexation to the Sacramento Maintenance CFD No. 2014-04. The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2014-04 Annexation #6”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance of landscaped areas in the Church Street Station development.

The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded August 15, 2018.

The boundaries of CFD No. 2014-04 Annexation #6 encompass approximately 4.5 acres of land with a total of 47 units expected to be built within the annexation area.

Table III-35
CFD No. 2014-04 Annexation #6 FY2024/25 Special Tax Requirement

Landscape Maintenance $21,213

Administration
Infrastructure Finance $886
Accounting (incl. County Charge) $166
Subtotal Administration $1,052

Total FY2024/25 Special Tax Requirement $22,265

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 65

FY2024/25 Special Tax Levy Summary
In FY2024/25, the special tax was levied at 96.8% of the maximum amount on Developed Property; no special tax was levied on Final Mapped and Undeveloped Property (all as defined in the RMA). This tax levy is expected to produce $28,485 in special tax revenues, which is $6,220 more than the special tax requirement of $22,265. This excess revenue will be used to fund a contingency. Table III-36 details the FY2024/25 special tax levy on all land use categories in CFD No. 2014-04 Annexation #6.

Table III-36
CFD No. 2014-04 Annexation #6 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2014-04 Annexation #6 is provided on the following page.

FY 2024/25
Special Tax
Revenue
Developed Residential
Market Rate Unit 47 Units $626.21 per Unit $606.06 per Unit $28,484.82 Affordable Unit 0 Units $0.00 per Unit $0.00 per Unit $0.00 Subtotal Developed Residential 47 Units $28,484.82
Developed Non-Residential 0 Bldg. s.f. $0.00 per Bldg. s.f. $0.00 per Bldg. s.f. $0.00 Developed Other 0 Land s.f. $0.00 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Developed Non-Res. 0 Total s.f $0.00
Land - Final Mapped 0 Land s.f. $0.21 per Land. s.f. $0.00 per Land. s.f. $0.00 Land - Undeveloped 0 Land s.f. $0.21 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Land 0 Land s.f. $0.00
Total Special Tax Levy Annexation #6 - Chuch Street Station $28,484.82 Land Use Category Development Units Special Tax Special Tax Annexation #6 - Chuch Street Station
FY 2024/25 FY 2024/25
Maximum Actual

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 66

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 67

Sacramento Maintenance CFD No. 2014-04 Annexation #7 – Sutter Park

Background
The Sutter Park project is the seventh annexation to the Sacramento Maintenance CFD No. 2014-04 (referenced above). The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2014-04 Annexation #7”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance of landscaped areas and a park in the Sutter Park development. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded October 11, 2018.

The boundaries of CFD No. 2014-04 Annexation #7 encompass approximately 19.3 acres of land with a total of 102 units expected to be built within the annexation area.

On May 4, 2021, City Council passed a motion authorizing the City Manager (or his/her designee) to execute the Public Improvement Maintenance Agreement for Sutter Park Neighborhood Project (C2021-0513) between the City and the Sutter Park Community Association. Pursuant to this agreement, the Sutter Park Community Association is responsible for the maintenance of the public improvements described above and the CFD will not levy any special taxes to pay for such maintenance unless the entities fail to adequately maintain the public improvements.

Boundary Map
A map showing the boundaries of CFD No. 2014-04 Annexation #7 is provided on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 68

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 69

Sacramento Maintenance CFD No. 2014-04 Annexation #8 – Bruceville Terrace

Background
The Bruceville Terrace project is the eighth annexation to the Sacramento Maintenance CFD No. 2014-04. The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2014-04 Annexation #8”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance of certain landscaped facilities located adjacent to the Bruceville Terrace development. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded September 24, 2018.

On September 24, 2019, City Council passed a motion authorizing the City Manager (or his/her designee) to execute the Public Improvement Maintenance Agreement for Bruceville Terrace (C2019-1486) between the City, KB Home Sacramento, Inc. (the developer of the project), and Bridgewater Sacramento Owners Association (the homeowners association). Pursuant to this agreement, KB Home Sacramento and/or the Bridgewater Sacramento Owners Association is responsible for the maintenance of the public improvements described above and the CFD will not levy any special taxes to pay for such maintenance unless the entities fail to adequately maintain the public improvements.

A map showing the boundaries of CFD No. 2014-04 Annexation #8 is provided on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 70

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 71

Sacramento Maintenance CFD No. 2014-04 Annexation #9 – The Cove

Background
The Cove project is the ninth annexation to the Sacramento Maintenance CFD No. 2014-04. The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2014-04 Annexation #9”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance and utility costs of storm drainage facilities, landscaped areas, and for maintenance of a bike trail located in the Cove development. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded January 9, 2019.

The boundaries of CFD No. 2014-04 Annexation #9 encompass approximately 77.5 acres of land with a total of 590 units expected to be built within the annexation area.

On December 10, 2019, City Council passed a motion authorizing the City Manager (or his/her designee) to execute the Public Improvement Maintenance Agreement for the Cove Project (C2019-1760) between the City and the Cove at Sacramento Community Association (the “Cove HOA”). Pursuant to this agreement, the Cove HOA is responsible for the maintenance of the public improvements described above except for the bike trail, and the CFD will not levy any special taxes to pay for such maintenance other than maintenance of the bike trial unless the homeowners association fails to adequately maintain the public improvements.

FY2024/25 Special Tax Requirement
Pursuant to the RMA and the maintenance agreement, the special tax requirement is the amount needed in any fiscal year to pay for bike trail maintenance, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $20,629, which is summarized in Table III-37.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 72

Table III-37
CFD No. 2014-04 Annexation #9 FY2024/25 Special Tax Requirement

Bike Trail Maintenance $18,500

Administration
Infrastructure Finance $1,565
Accounting (incl. County Charge) $563
Subtotal Administration $2,128

Total FY2024/25 Special Tax Requirement $20,629

FY2024/25 Special Tax Levy Summary
In FY2024/25, the special tax was levied at approximately 15.4% of the maximum amount on Developed Property; no special tax was levied on Final Mapped and Undeveloped Property (all as defined in the RMA). This tax levy is expected to produce $53,537 in special tax revenues, which is $32,908 more than the special tax requirement of $20,629. This excess will be used to fund a contingency. Table III-38 details the FY2024/25 special tax levy on all land use categories in CFD No. 2014-04 Annexation #9.

Table III-38
CFD No. 2014-04 Annexation #9 FY2024/25 Special Tax Levy Summary

FY 2024/25
Special Tax
Revenue
Developed Residential
Market Rate Unit 590 Units $587.83 per Unit $90.74 per Unit $53,536.60 Affordable Unit 0 Units $0.00 per Unit $0.00 per Unit $0.00 Subtotal Developed Residential 590 Units $53,536.60
Developed Non-Residential 0 Bldg. s.f. $0.00 per Bldg. s.f. $0.00 per Bldg. s.f. $0.00 Developed Other 0 Land s.f. $0.21 per Land. s.f. $0.03 per Land. s.f. $0.00 Subtotal Developed Non-Res. 0 Total s.f $0.00
Land - Final Mapped 0 Land s.f. $0.21 per Land. s.f. $0.00 per Land. s.f. $0.00 Land - Undeveloped 0 Land s.f. $0.21 per Land. s.f. $0.00 per Land. s.f. $0.00 Subtotal Land 0 Land s.f. $0.00
Total Special Tax Levy Annexation #9 - The Cove $53,536.60 FY 2024/25FY 2024/25
Annexation #9 - The Cove
Special TaxSpecial TaxDevelopment UnitsLand Use Category ActualMaximum

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 73

Boundary Map
A map showing the boundaries of CFD No. 2014-04 Annexation #9 is provided below.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 74

Sacramento Services CFD No. 2018-05 – Tax Zone #1 Northlake

Background
City Council adopted Resolution No. 2018-0462 on November 27, 2018, thereby establishing the Sacramento Services CFD No. 2018-05 to fund the maintenance of roadways, streetlights transit facilities, parks, bikeway and pedestrian paths, storm water facilities, and other landscaped areas. The original boundaries of CFD No. 2018-05 encompass the Northlake (formerly Greenbriar) development area and is identified as “Tax Zone #1” of CFD No. 2018-05.

A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in Tax Zone #1 of the CFD pursuant to its RMA.

On January 22, 2019, Council then adopted Resolution No. 2019-0031 to officially establish a future annexation area for CFD No. 2018-05. The boundaries of the future annexation area are the City boundaries, and any territory within those boundaries may be annexed to the CFD with the unanimous approval of the owner or owners of each parcel or parcels at the time that parcel or those parcels are annexed. Any property annexing to CFD No. 2018-05 may annex into a separate tax zone with unique maximum special tax rates depending on the needs of the annexation.

On May 4, 2021, City Council passed a motion authorizing the City Manager (or his/her designee) to execute the Public Improvement Maintenance Agreement for the Northlake Project (C2021-0532) between the City and the Northlake Community Association (the “Northlake HOA”). Pursuant to this agreement, the Northlake HOA is responsible for the maintenance of the public improvements described above except for park and streetlight maintenance, which will be the responsibility of the City. The CFD will not levy any special taxes to pay for maintenance services other than maintenance of parks and streetlights unless the homeowners association fails to adequately maintain the public improvements. In addition, the CFD will only levy up to 39% of the maximum special tax of the CFD in order to pay for such park and streetlight maintenance.

As of July 1, 2024, there have been 5 annexations to CFD No. 2014-04, and specific information on the areas annexed can be found in the subsequent sections of this report.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 75

FY2024/25 Special Tax Requirement
Pursuant to the RMA and the Public Improvement Maintenance Agreement, the special tax requirement is the amount needed in any fiscal year to pay for authorized maintenance expenses, administrative expenses of the CFD, and any amounts needed to cure special tax delinquencies. For FY2024/25 the special tax requirement is $199,668, which is summarized in Table III-39 below.

Table III-39
Sacramento Services CFD No. 2018-05 – Tax Zone #1
FY2024/25 Special Tax Requirement
Authorized Services
Park Maintenance $150,000
Street Light Maintenance $42,758
Subtotal Authorized Services $192758

Administration
Infrastructure Finance $5,198
Accounting (incl. County Charge) $1,711
Subtotal Administration $6,909

Total FY2024/25 Special Tax Requirement $199,668

FY2024/25 Special Tax Levy Summary
The special tax was levied at 100% of the maximum amount in FY2024/25 on Developed Property; no special taxes were levied on Final Map or Undeveloped Property (all as defined in the RMA). This tax levy is expected to produce $330,590 in special tax revenues, which is $130,922 more than the special tax requirement of $199,668. This excess revenue will be used to fund a contingency. Table III-40 details the FY2024/25 special tax levy on all land use categories in CFD No. 2018-05 Tax Zone #1.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 76

Table III-40
Sacramento Services CFD No. 2018-05 – Tax Zone #1
FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2018-05 Tax Zone # 1 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
Developed Parcels
Single Family Detached Property 1,189 Units $278.05 per Unit $278.04 per Unit $330,589.56 Single Family Attached Property 0 Units $278.05 per Unit $278.04 per Unit $0.00 Condominium Property 0 Units $278.05 per Unit $278.04 per Acre $0.00 Multi-Family Residential Property 0 Units $155.84 per Unit $155.84 per Acre $0.00 Non-Residential Property 0 Sq. Ft. $0.19 per Sq. Ft $0.18 per Acre $0.00 Other Residential Property 0.00 Acres $2,929.29 per Acre $2,929.28 per Acre $0.00 Final Map Property 40.15 Acres $2,929.29 per Acre $0.00 per Acre $0.00 Undeveloped Property 137.13 Acres $2,929.29 per Acre $0.00 per Acre $0.00 Total Fiscal Year 2024/25 Special Tax Levy: $330,589.56 Maximum Actual
Development Units Special Tax Special Tax
FY 2024/25 FY 2024/25

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 77

V. Council District 2 CFDs

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 78

Sacramento Services CFD No. 2018-05 Annexation #1 – Tanzanite (Tax Zone #2)

Background
The Tanzanite project is the first annexation to the Sacramento Services CFD No. 2018-05. The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2018-05 Annexation #1”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance and utility costs of landscaped areas located in the Tanzanite development.

Because the tax rates needed to provide such services differ from those already established in CFD No. 2018-05, a new tax zone was created as part of this annexation: Tax Zone #2. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded July 28, 2021.

The boundaries of CFD No. 2014-04 Annexation #1 encompass approximately 19.3 acres of land with a total of 138 units expected to be built within the annexation area.

No special taxes are currently levied within CFD No. 2018-05 Annexation #1.

Boundary Map
A map showing the boundaries of CFD No. 2018-05 Annexation #1 – Tax Zone #2 is provided on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 79

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 80

Sacramento Services CFD No. 2018-05 Annexation #2 – Delta Shores South (Tax Zone #3)

Background
The Delta Shores South project is the second annexation to the Sacramento Services CFD No. 2018-05. The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2018-05 Annexation #2”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance and utility costs of landscaped areas located in the Delta Shores South development. Because the tax rates needed to provide such services differ from those already established in CFD No. 2018-05, a new tax zone was created as part of this annexation:

Tax Zone #3. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded April 13, 2022.

The boundaries of CFD No. 2014-04 Annexation #2 encompass approximately 119 acres of land with a total of 802 units expected to be built within the annexation area.

Table III-39
Sacramento Services CFD No. 2018-05 – Tax Zone #3
FY2024/25 Special Tax Requirement
Authorized Services $23,357

Administration
Infrastructure Finance $0
Accounting (incl. County Charge) $0
Subtotal Administration $0

Total FY2024/25 Special Tax Requirement $23,357

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 81

FY2024/25 Special Tax Levy Summary
The special tax was levied at 100% of the maximum amount in FY2024/25 on Developed Property; no special taxes were levied on Final Map or Undeveloped Property (all as defined in the RMA). This tax levy is expected to produce $23,357 in special tax revenues, which equals the special tax requirement of $23,357. Table III-40 details the FY2024/25 special tax levy on all land use categories in CFD No. 2018-05 Tax Zone #3.

Table III-40
Sacramento Services CFD No. 2018-05 – Tax Zone #3
FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 2018-05 Annexation #2 – Tax Zone #3 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
Developed Parcels
Single Family Detached Property 87 Units $291.46 per Unit $291.46 per Unit $25,357.02 Single Family Attached Property 0 Units $291.46 per Unit $291.46 per Unit $0.00 Condominium Property 0 Units $0.00 per Unit $0.00 per Acre $0.00 Multi-Family Residential Property 0 Units $0.00 per Unit $0.00 per Acre $0.00 Non-Residential Property 0 Sq. Ft. $0.00 per Sq. Ft $0.00 per Acre $0.00 Other Residential Property 0.00 Acres $4,958.91 per Acre $4,958.90 per Acre $0.00 Final Map Property 58.71 Acres $4,958.91 per Acre $0.00 per Acre $0.00 Undeveloped Property 18.67 Acres $4,958.91 per Acre $0.00 per Acre $0.00 Total Fiscal Year 2024/25 Special Tax Levy: $25,357.02
Maximum Actual
Development Units Special Tax Special Tax
FY 2024/25 FY 2024/25

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 82

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 83

Sacramento Services CFD No. 2018-05 Annexation #3 – Panhandle 105 (Tax Zone #4)

Background
The Panhandle 105 project is the third annexation to the Sacramento Services CFD No. 2018-05.

The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2018-05 Annexation #3”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance and utility costs of landscaped areas located in the Pandhandle 105 development. Because the tax rates needed to provide such services differ from those already established in CFD No. 2018-05, a new tax zone was created as part of this annexation: Tax Zone #3. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded October 20, 2023.

The boundaries of CFD No. 2014-04 Annexation #3 encompass approximately 106.5 acres of land with a total of 441 units expected to be built within the annexation area.

No special taxes are currently levied within CFD No. 2018-05 Annexation #3.

Boundary Map
A map showing the boundaries of CFD No. 2018-05 Annexation #3 – Tax Zone #4 is provided on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 84

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 85

Sacramento Services CFD No. 2018-05 Annexation #4 – Jesse Ave (Tax Zone #5)

Background
The Jesse Ave project is the fourth annexation to the Sacramento Services CFD No. 2018-05.

The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2018-05 Annexation #4”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance and utility costs of landscaped areas located in the Jesse Ave development.

Because the tax rates needed to provide such services differ from those already established in CFD No. 2018-05, a new tax zone was created as part of this annexation: Tax Zone #5. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded April 3, 2024.

The boundaries of CFD No. 2014-04 Annexation #4 encompass approximately 27.3 acres of land with a total of 143 units expected to be built within the annexation area.

No special taxes are currently levied within CFD No. 2018-05 Annexation #4.

Boundary Map
A map showing the boundaries of CFD No. 2018-05 Annexation #4 – Tax Zone #5 is provided on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 86

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 87

Sacramento Services CFD No. 2018-05 Annexation #5 – Panhandle 180 (Tax Zone #4)

Background
The Panhandle 180 project is the fifth annexation to the Sacramento Services CFD No. 2018-05.

The annexation was approved unanimously by the owners of land included in the annexation area (hereafter, “CFD No. 2018-05 Annexation #5”). These landowners also unanimously approved the special tax rates for the annexation area, the revenues of which are to be used for the maintenance and utility costs of landscaped areas located in the Panhandle 180 development. Because this tax zone provides similar services to those already established in CFD No. 2018-05 Annexation #3 (Tax Zone #4), this annexation was placed into the existing Tax Zone #4. The approved special tax rates are memorialized in the Notice of Special Tax Lien recorded June 27, 2024.

The boundaries of CFD No. 2014-04 Annexation #5 encompass approximately 62.1 acres of land with a total of 343 units expected to be built within the annexation area.

No special taxes are currently levied within CFD No. 2018-05 Annexation #5.

Boundary Map
A map showing the boundaries of CFD No. 2018-05 Annexation #5 – Tax Zone #4 is provided on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 88

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 89

Township 9 CFD No. 2012-06

Background
City Council adopted Resolution No. 2012-267 on July 24, 2014, thereby establishing the Township 9 CFD No. 2012-06 (“CFD No. 2012-06”) to fund the maintenance of roadway and transit facilities, storm water drainage vaults, parks, paseos, and landscape areas within public rights-of-way in excess of the City’s basic maintenance. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA.

The boundaries of CFD No. 2012-06 encompass approximately 65 acres and make up the entirety of the Township 9 development project. At buildout, it is projected that the district will contain 2,350 housing units, 839,628 square feet of office space, and 147,000 square feet of retail space.

With the exception of the drainage vaults, all maintenance work is contracted by the City to the non-profit Township 9 Owners Association, as memorialized in the Maintenance Reimbursement Agreement (C2013-0858). The City retains sole and absolute discretion to undertake any maintenance for health and safety reasons. In addition, all work performed that is funded by the special tax must comply with City bidding and procurement requirements.

FY2024/25 Special Tax Requirement
Pursuant to the RMA, the special tax requirement is the amount needed in any fiscal year to pay for authorized services, administrative expenses of the CFD, and to fund a reserve fund in an amount not to exceed 20% of the cost of eligible facilities and services for that year. The FY2024/25 special tax requirement is $22,000, which is summarized in Table III-41 on the following page.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 90

Table III-41
CFD No. 2012-06 FY2024/25 Special Tax Requirement
Authorized Services
Drainage Operations $9,000
Streetscapes $2,000
Park Maintenance $2,000
Subtotal Authorized Services $13,000

Administration
Infrastructure Finance $622
Accounting (incl. County Charge) $1,129
Subtotal Administration $1,751

Reserve Fund $7,249

Total FY2024/25 Special Tax Requirement $22,000

FY2024/25 Special Tax Levy Summary
In FY2024/25, the special tax was levied on all Developed Property at 13.5% of the maximum amount; no special taxes were levied Final Map Property or Large Lot Property (all as defined in the RMA). The tax levy is expected to produce $22,000 in special tax revenues in FY2024/25, and Table III-42 details the special tax levy on all land use categories in CFD No. 2012-06.

Table III-42
CFD No. 2012-06 FY2024/25 Special Tax Levy Summary

FY 2024/25
Special Tax
Land Use Category Revenue
Developed Parcels
Single-Family Residential 0 Units $775.51 per Unit $104.46 per Unit $0.00 Multi-Family Residential 372 Units $388.47 per Unit $52.32 per Unit $19,468.88 Non-Residential 9,262 Bldg. Sq. Ft. $0.39 per Bldg. Sq. Ft. $0.05 per Bldg. Sq. Ft. $481.12 CP Property 16.98 Acres $15,215.93 Total $2,049.94 Total $2,049.92 Final Map Parcels 8.71 Acres $78,701.79 per Acre $0.00 per Acre $0.00 Large Lot Parcels 13.15 Acres $78,701.79 per Acre $0.00 per Acre $0.00 Total Fiscal Year 2024/25 Special Tax Levy: $21,999.92
Maximum Actual
Development Units Special Tax Special Tax
FY 2024/25 FY 2024/25

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 91

Boundary Map
A map showing the boundaries of CFD No. 2012-06 is provided below.

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 92

Willowcreek Landscaping CFD No. 98-04

Background
City Council adopted Resolution No. 98-04 on December 15, 1998, thereby establishing the Willowcreek Landscaping CFD No. 98-04 (“CFD No. 98-04”) to fund landscape maintenance services. A successful landowner election authorized the levy of a Mello-Roos special tax on all taxable property in the CFD pursuant to its RMA. Additional territory was annexed to the CFD on November 30, 2014 (Reso. No. 2004-898).

Table III-43
CFD No. 98-04 FY2024/25 Special Tax Requirement

Authorized Services
Streetscapes Maintenance $125,000
Subtotal Authorized Services $125,000

Administration
Infrastructure Finance $3,974
Accounting (incl. County Charge) $1,671
Subtotal Administration $5,645

Total FY2024/25 Special Tax Requirement $130,645

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 93

FY2024/25 Special Tax Levy Summary
The special tax was levied at 100% of the maximum amount in FY2024/25 and is expected to produce $132,460 in special tax revenues, which is $1,815 more than the special tax requirement of $130,645. The excess revenues will be used to fund a contingency. Table III-44 details the FY2024/25 special tax levy on all land use categories in CFD No. 98-04.

Table III-44
CFD No. 98-04 FY2024/25 Special Tax Levy Summary

Boundary Map
A map showing the boundaries of CFD No. 98-04 is provided on the following page.

FY 2024/25
Special Tax
Land Use Category Revenue
Developed Parcels
Detached Residential Unit 925 Units $143.22 per Unit $143.20 per Unit $132,460.00 Total Fiscal Year 2024/25 Special Tax Levy: $132,460.00 FY 2024/25 FY 2024/25
Maximum Actual
Development Units Special Tax Special Tax

III. CFD Financial Information
FY2024/25 CFD Tax Administration Report Page 94

Sacramento City CouncilJanuary 14, 2025

Sacramento City Council
January 14, 2025