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HomeMy WebLinkAboutCC 2025-05-27_09d Supplemental 1 MEMORANDUM TO: City Council FROM: Jessica Matson, Director of Legislative & Information Services/ City Clerk SUBJECT: Supplemental Information Agenda Item 9.d. – May 27, 2025 City Council Meeting Engineer’s Reports for Assessment Districts DATE: May 27, 2025 Attached is public comment received prior to 2 p.m. for the above referenced item. cc: City Manager Assistant City Manager/Public Works Director City Attorney City Website and Public Review Binder Enc From:Claudine Lingo To:Caren Ray Russom; Kate Secrest; Aileen Loe; Jamie Maraviglia; Jim Guthrie; Matt Downing; Bill Robeson Cc:Jessica Matson Subject:MAY 27, 2025 AGENDA ITEM 9.d - ENGINEERING REPORTS FOR ASSESSMENT DISTRICTS Date:Thursday, May 22, 2025 9:20:07 PM It looks like it is time, once again, to reduce the Grace Lane Assessment District amount to align more closely with the actual need. I raised this issue several years ago, and the assessment was reduced to more accurately reflect the annual need/cost. The estimated need for FY 2025-26 is $16,000; the estimated fund balance from FY 2024-25 is slightly more than the $28,000. That fund balance is more than is needed for FY 2025-26. The estimated fund balance for FY 2025-26 is slightly more than $21,500. The Grace Lane Assessment District annual property tax assessment for FY 2025/26 for Grace Lane residents should be reduced rather than continuing to grow the fund balance. I believe it is wise to have a little cushion in the Grace Lane Assessment District’s appropriation in the event the FY 2025/26 expenses are higher than currently anticipated in light of the current economic uncertainty. However, a fund balance of $21,500 seems to be excessive since the fund balance has been growing for several years. As some of you may know, the assessment district was created because it was easier to impose an assessment on the new homes being built on Grace Lane (on the pretense that Grace Lane residents benefit from the open space but no one else does) instead of the City paying for the maintenance or getting voter approval for a tax to fund the open space maintenance. So Grace Lane residents pay for something they don’t own (the open space) and have no control relative to who has access to the open space, and don’t even have property that abuts the open space. As you know, some residents on Rodeo Dr. have actually built into the open space since the open space is basically their back yards, and they don’t pay into the assessment district. Of course, none of this was disclosed when we bought our house. The only thing that was disclosed to us (and probably all of the other Grace Lane home buyers) was that we would have an assessment on our property tax bills. Bottom line is that the assessment for FY 2025-26 should be reduced to ensure the fund balance does not continue to grow beyond what is a reasonable estimate of potential cost increases. Sincerely, Claudine Lingo District 1 Resident