August 5, 2025
TO: City Council
REQUESTED BY: Erika Gomez, Finance Director
APPROVED BY: Robert A. Johnson, City Manager
SUBJECT: Ordinance 25-06 Second Reading - CFD 2020-1 Annex 17 KB 37881 RECOMMENDATION:
Staff recommends that the City Council conduct the second reading and approve Ordinance No. 25-06, Authorizing the Levy of Special Taxes of Community Facilities District No. 2020-1:
ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
SAN JACINTO AUTHORIZING THE LEVY OF SPECIAL
TAXES IN A COMMUNITY FACILITIES DISTRICT,
INCLUDING CERTAIN ANNEXATION TERRITORY
IDENTIFIED AS ANNEXATION NO. 17 (TAX ZONE NO.
18), INTO SAN JACINTO COMMUNITY FACILITIES
DISTRICT
DISCUSSION:
At the June 3, 2025, City Council meeting, the City Council adopted Resolution No. 4071, declaring their intention to annex territory, residential development commonly known as KB Homes’ Rancho de Alamo Tr 37881, into Community Facilities District 2020-1 (CFD 2020-1), based upon a petition from the property owners.
On July 15, 2025, the City Council held a public hearing and conducted the Special Annexation Landowner Election. Upon conducting the election, one affirmative vote was received from the property owner, and Annexation No. 17 was complete. The City Council also introduced Ordinance No. 25-06, authorizing the levy of special taxes in CFD 2020-1, including the newly annexed area. This second reading and adoption of Ordinance No. 25-06 is required to allow for the levy of special taxes related to this newly annexed area in the future.
FISCAL IMPACT:
The revenue received from the special tax will assist in offsetting the cost of services including, but not limited to, the maintenance of landscaped areas, parkways, and median improvements throughout the CFD and the maintenance and servicing of streetlights, traffic signals, and appurtenant facilities necessitated by development of the annexed territory. Based on fiscal year 2024/25 estimates, it is anticipated that the maximum special tax revenue would be $260,333 based upon full project buildout and, if applicable, $0 in Contingent Special Tax revenue.
ATTACHMENTS:
Staff Report CFD 2020-1 Annex 17
Ordinance No. 25-06 - CFD 2020-1 Annex. No. 17