Community Facilities District 2002-1 Refunding
(Rancho San Jacinto, Phase 2) Funds
Senate Bill 165 enacted the Local Agency Special Tax and Bond Accountability Act. This Act requires that any local special tax/local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act only applies to bonds issued on or after January 1, 2001 in accordance with Section 53410 of the California Government Code.
Some of the requirements of the Act are handled at the formation (bond issuance) of the special tax district and others are handled through annual reports. This report intends to comply with Section 53411 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain all of the following:
a) The amount of funds collected and expended.
b) The status of any project required or authorized to be funded as identified in subdivision (a) of Section 53410.”
The requirements of the Act apply to the bond proceeds of Community Facilities District No. 2002-1 (Rancho San Jacinto, Phase 2) 2016 Special Tax Refunding Bonds, dated March 26, 2016.
PURPOSE OF SPECIAL TAX
Community Facilities District No. 2002-1 (the “District”) was formed to finance the construction and/or acquisition of street improvements, including grading, paving, curbs, gutters and sidewalks, street lighting, drainage facilities, landscaping, sanitary sewer, water reservoir, pump and utility facilities. All improvement work has been completed. The levy of the special tax will continue until all 2016 Bonds issued have been paid.
COLLECTIONS & EXPENDITURES (ANNUAL)
Fund
6/30/2023
Balance
Total Amount
Collected (1)
6/30/2024
Balance(2)
Amount
Expended
Service
Status
Special Tax Fund $1,442,866.68 $1,509,894.65 $1,540,876.36 $1,411,884.97 Ongoing (1) Total amount received from County of Riverside disbursements from collection of FY 2022/23 Special Taxes. (2) City held cash balance. The City held cash balance is without year-end adjustments and does not include final interest.
Community Facilities District No. 2003-1 Operating Fund Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act. This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act applies to any local special tax measure adopted on or after January 1, 2001 in accordance with Section 50075.1 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This section of this report intends to comply with Section 50075.3 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain all of the following:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of Section 50075.1 or Section 53410.”
The requirements of the Act apply to the Operating Fund of Community Facilities District No. 2003-1.
PURPOSE OF SPECIAL TAX
The types of services funded by the Special Tax A of Community Facilities District No. 2003-1 include fire protection, fire suppression, and police protection.
COLLECTIONS & EXPENDITURES – (CUMULATIVE)
Fund
Total Amount
Collected
06/30/2024
Balance
Amount
Expended
Service
Status
Operating Fund $37,988,104.14 $0.00 $37,988,104.14 Ongoing Community Facilities District No. 2003-2 Sewer Lift Operations Fund Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act. This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act applies to any local special tax measure adopted on or after January 1, 2001 in accordance with Section 50075.1 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This section of this report intends to comply with Section 50075.3 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain all of the following:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of Section 50075.1 or Section 53410.”
The requirements of the Act apply to the Sewer Lift Operations Fund of Community Facilities District No. 2003-2.
PURPOSE OF SPECIAL TAX
The types of facilities and services provided and financed by Community Facilities District No. 2003-2 include the maintenance of sewer facilities, such as the furnishing of services and materials for ordinary and usual maintenance and operation and the servicing of such sewer facilities, including, but not limited to the repair, removal, or replacement of all or any part of any improvement.
COLLECTIONS & EXPENDITURES – (CUMULATIVE)
Fund Total Amount
Collected
06/30/2024
Balance
Amount
Expended
Service
Status
Sewer Lift Operations Fund $371,037.66 $0.00 $371,037.66 Ongoing Community Facilities District No. 2017-1 Public Facilities Maintenance Fund Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act. This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act applies to any local special tax measure adopted on or after January 1, 2001 in accordance with Section 50075.1 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This section of this report intends to comply with Section 50075.3 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain all of the following:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of Section 50075.1 or Section 53410.”
The requirements of the Act apply to the Public Facilities Maintenance Fund of Community Facilities District No. 2017-1.
PURPOSE OF SPECIAL TAX
Community Facilities District No. 2017-1 (the “District”) provides funding for all or a portion of the costs of construction, operation, maintenance and servicing of the roads, parks, storm drains, street lighting, landscaping and appurtenant facilities within or adjacent to the boundaries of the District.
COLLECTIONS & EXPENDITURES – (CUMULATIVE)
Fund Total Amount
Collected
06/30/2024
Balance
Amount
Expended
Service
Status
Public Facilities
Maintenance Fund $423,009.67 $0.00 $423,009.67 Ongoing
Community Facilities District No. 2018-1 Public Facilities Maintenance Fund Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act. This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act applies to any local special tax measure adopted on or after January 1, 2001 in accordance with Section 50075.1 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This section of this report intends to comply with Section 50075.3 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain all of the following:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of Section 50075.1 or Section 53410.”
The requirements of the Act apply to the Public Facilities Maintenance Fund of Community Facilities District No. 2018-1.
PURPOSE OF SPECIAL TAX
Community Facilities District No. 2018-1 (the “District”) provides funding for all or a portion of the costs of construction, operation, maintenance and servicing of the roads, parks, storm drains, street lighting, landscaping and appurtenant facilities within or adjacent to the boundaries of the District.
COLLECTIONS & EXPENDITURES – (CUMULATIVE)
Fund Total Amount
Collected
06/30/2024
Balance
Amount
Expended
Service
Status
Public Facilities
Maintenance Fund $20,459.36 $0.00 $20,459.36 Ongoing
Community Facilities District No. 2020-1 Public Facilities Maintenance Fund Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act. This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act applies to any local special tax measure adopted on or after January 1, 2001 in accordance with Section 50075.1 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This section of this report intends to comply with Section 50075.3 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain all of the following:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of Section 50075.1 or Section 53410.”
The requirements of the Act apply to the Public Facilities Maintenance Fund of Community Facilities District No. 2020-1.
PURPOSE OF SPECIAL TAX
Community Facilities District No. 2020-1 (the “District”) provides funding for all or a portion of the costs of construction, operation, maintenance and servicing of the roads, pa rks, storm drains, street lighting, landscaping and appurtenant facilities within or adjacent to the boundaries of the District.
COLLECTIONS & EXPENDITURES – (CUMULATIVE)
Fund Total Amount
Collected
06/30/2024
Balance
Amount
Expended
Service
Status
Public Facilities
Maintenance Fund $67,875.12 $0.00 $67,875.12 Ongoing