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PPT - 16.7 - Central Stockton Lighting Maint Assessment Dist

City Council and Concurrent Authorities
June 4, 2024

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PPT - 16.7 - Central Stockton Lighting Maint Assessment Dist
Meeting
June 4, 2024
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City Council and Concurrent Authorities
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CENTRAL STOCKTON LIGHTING

MAINTENANCE ASSESSMENT

DISTRICT
FY 2024-25 Annual Engineer’s Report
Public Hearing
Stockton City Council Meeting
June 4, 2024
Item No. 16.7
Central Stockton Lighting Maintenance Assessment DistrictDistrict established to fund increased costs to maintain 278 total decorative streetlights that exceed City standardOperation and Maintenance funded:ElectricityReplace Broken FixturesReplace Burned Out BulbsRe-paint PolesReplace Damaged or Knocked Down PolesAdministration Central Stockton Lighting Maintenance Assessment DistrictEach year Council adopts the following:Engineer’s ReportMaximum Allowable AssessmentAnnual Budget/Actual AssessmentProvides funding for: Operation, maintenance, and preparation of an annual Engineer’s Report and tax rolls; legal review; collection of assessments on San Joaquin County property taxes and City administration Maximum Allowablevs Actual AssessmentsOriginal Engineer’s Report approved by landowner ballot – allows for annual Cost of Living AdjustmentApproves annual maximum allowable, but collects only what is needed for anticipated operational costsAllows for unanticipated emergencies – to collect only if necessary

CENTRALSTOCKTONLIGHTING MAINTENANCE ASSESSMENTDISTRICT
Oxford Manor Zone 4
Annual AssessmentAssessment based on parcel street frontageFY 2024-25 Maximum Assessment Adjustment: 3.00%Based on San-Francisco-Oakland-Hayward All Urban Consumers Price Index per original criteriaFY 2024-25 Maximum Assessment $0.6532219/Frontage FootFY 2024-25 Actual Assessment Adjustment: 3.00%FY 2024-25 Actual Assessment: $0.3392768/Frontage FootActual Assessment for typical 50 Foot Lot: $16.96 FY 2024-25 BudgetProposed Budget(Actual Assessment)Proposed Unit Assessment Rate (per Linear Frontage Foot)Zone NameZone No.$18,637.10$0.3392768Oxford Manor4 Proposed Maximum Allowable Assessment$35,875.58 Recommended ActionsOverrule all public hearing protestsApprove and adopt:Central Stockton Lighting Maintenance Assessment District Annual Engineer’s ReportMaximum Allowable Assessment Annual Budget/Actual Assessment for each Zone of the DistrictConfirm and levy assessment for each Zone

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