DATE: June 20, 2023
DEPARTMENT: Finance
FROM: Mark Roberts, Director of Finance
By: Mona Sotelo, Payroll Supervisor
TITLE: Resolution Authorizing Transmittal of Fiscal Year 2024 Assessment and Maintenance District Levies to the Monterey County Tax Collector Recommended Motion:
Staff recommends the City Council approve a resolution authorizing transmittal of the levies for collection of the City’s assessment and maintenance district fees and charges for fiscal year 2024 to Monterey County and agreeing to indemnify and defend Monterey County with respect to challenges to the levy and collection of the assessments on the City’s behalf.
Executive Summary:
The City Council approves this resolution annually as it is required by Monterey County before the City’s assessment and maintenance district charges are levied and collected on property tax bills.
Background:
Annually, the City of Salinas transmits assessment bond and maintenance district levies to Monterey County to be included on property tax bills for collection. A list of the levies for fiscal year 2024 is attached to this report for reference. The assessments related to the bonds are fixed at the time the bonds were originally issued unless there are subsequent parcel splits or a change in paying agent fees. No parcel splits occurred for this year’s assessment. The Maintenance District levies are determined by Public Works staff and are submitted to City Council for approval on August 8, 2023.
Staff has reviewed the City assessment and maintenance district levies for fiscal year 2024 and has concluded that the City is in compliance with all applicable laws. The City’s existing assessment districts are pledged to bond repayment. Existing maintenance districts are in compliance since there are no changes to the method of calculating assessments.
Before it will agree to collect the assessments on the City’s behalf, the County requires the City Council to approve a resolution holding the County harmless from any action brought against the County for collection of the City’s levies.
CEQA Consideration:
Not a Project. The City of Salinas has determined the proposed action is not a project as defined by the California Environmental Quality Act (CEQA) (CEQA Guidelines Section 15378).
Strategic Plan Initiative:
Adoption of the recommended resolution would achieve the City Council 2022-2025 Strategic Goal of Effective Government.
Fiscal and Sustainability Impact:
The levies for assessment bonds ($561,668) and maintenance districts ($2,001,871) must be transmitted to Monterey County by August 1, 2023, to be posted to the property tax rolls for collection. These funds must be collected to pay assessment district bondholders and the cost of maintenance in the City’s six districts during fiscal year 2024.
Attachments:
Exhibit A - Assessment and Maintenance District Levies, City of Salinas, Fiscal Year 2024 Resolution
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