The URL can be used to link to this page

Home My WebLink AboutFD 2024-019 - ResolutionRESOLUTION NO. FD 2024-019 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE RANCHO CUCAMONGA FIRE PROTECTION DISTRICT, SAN BERNARDINO COUNTY, CALIFORNIA, ESTABLISHING THE ANNUAL SPECIAL TAX FOR COMMUNITY FACILITIES DISTRICT NO.88-1 FOR FISCAL YEAR 2024/25 WHEREAS, the Board of Directors of the Rancho Cucamonga Fire Protection District, California, (formerly Foothill Fire Protection District, hereinafter referred to as the "legislative body"), has initiated proceedings, held a public hearing, conducted an election and received a favorable vote from the qualified electors relating to the levy of a special tax in a community facilities district, all as authorized pursuant to the terms and provisions of the "Mello -Roos Community Facilities Act of 1982," being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code of the State of California. This community facilities district shall hereinafter be referred to as Community Facilities District No. 88-1 (hereinafter referred to as the "CFD No. 88-1 "); and WHEREAS, this legislative body, by Ordinance, as authorized by Section 53340 of the Government Code of the State of California, has authorized the levy of a special tax to pay for costs and expenses related to said CFD No. 88-1, and this legislative body is desirous to establish the specific rate of the special tax to be collected for the next fiscal year and to adjust the maximum special tax authorization to be levied. NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE RANCHO CUCAMONGA FIRE PROTECTION DISTRICT, HEREBY RESOLVES: SECTION 1: That the above recitals are all true and correct. SECTION 2: That the specific rate and amount of the special tax to be collected to pay for the costs and expenses for Fiscal Year 2024/25 for the referenced CFD No. 88-1 is hereby determined and established as set forth in the attached, referenced, and incorporated Exhibit "A". SECTION 3: That the rate asset forth above does not exceed the amount as previously authorized by ordinance of this legislative body, and is not in excess of that as previously approved by the qualified electors of the CFD No. 88-1. SECTION 4: That the proceeds of the special tax shall be used to pay, in whole or in part, the costs of the following, in the following order of priority: A. Payment of principal and interest on any outstanding authorized bonded indebtedness, if any; B. Necessary replenishment of bond reserve funds or other reserve funds, including sinking funds; C. Payment of costs and expenses of authorized public facilities and public services, including the administration of the special tax levy; and D. Repayment of advances and loans, if appropriate. The proceeds of the special taxes shall be used as set forth above, and shall not be used for any other purpose. Resolution No. FD 2024-019 - Page 1 of 5 SECTION 5: That the maximum authorized special tax rates for all developed properties are hereby adjusted pursuant to Ordinance No. 17. The maximum authorized special tax rates are set forth in the attached, referenced, and incorporated Exhibit "B". SECTION 6: The special tax shall be collected in the same manner as ordinary ad valorem property taxes are collected, and shall be subject to the same penalties and same procedure and sale in cases of any delinquency for ad valorem taxes, and the Tax Collector is hereby authorized to deduct reasonable administrative costs incurred in collecting any said special tax. SECTION 7: All monies above collected shall be paid into the CFD No. 88-1 funds, including any bond fund and reserve fund. SECTION 8: The County Auditor is hereby directed to enter in the next County assessment roll on which taxes will become due, opposite each lot or parcel of land affected in a space marked "public improvements," "special tax" or by any other suitable designation, the installment of the special tax, and for the exact rate and amount of said tax reference is made to the attached Exhibit "A". SECTION 9: The County Auditor shall then, at the close of the tax collection period, promptly render to the Agency a detailed report showing the amount and/or amounts of such special tax installments, interest, penalties, and percentages so collected and from what property collected, and also provide a statement of any percentages retained for the expense of making any such collection. Resolution No. FD 2024-019 - Page 2 of 5 PASSED, APPROVED AND ADOPTED this 17th day of July, 2024. L. enn s Micha , Pr ident ATTEST: J ice C. Reynolds, Secr tary I, Janice C. Reynolds, Secretary of the Rancho Cucamonga Fire Protection District, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the Board of Directors of the Rancho Cucamonga Fire Protection District, at a Regular Meeting of said Board held on the 17th day of July, 2024. AYES: Hutchison, Kennedy, Michael, Scott, Stickler NOES: None ABSENT: None ABSTAINED: None Executed this 18th day of July, 2024, at Rancho Cucamonga, California. - C. Reynolds, Resolution No. FD 2024-019 - Page 3 of 5 EXHIBIT "A" SPECIAL TAX FOR FISCAL YEAR 2024/25 IN COMMUNITY FACILITIES DISTRICT NO. 88-1 RANCHO CUCAMONGA FIRE PROTECTION DISTRICT TAXING CLASSIFICATION 1. DEVELOPED PROPERTY A. Residential Class I (more than 3,590 SF) B. Residential Class II (3,077 to 3,589 SF) C. Residential Class III (2,564 to 3,076 SF) D. Residential Class IV (2,308 to 2,563 SF) E. Residential Class V (2,051 to 2,307 SF) F. Residential Class VI (1,795 to 2,050 SF) G. Residential Class VII (less than 1,795 SF) Comm erciaUlndustrial Property 2. APPROVED PROPERTY 3. VACANT PROPERTY SF = Square Feet SPECIAL TAX LEVY FISCAL YEAR 2023/24 $154.21 118.62 83.03 71.17 65.24 59.31 SPECIAL TAX LEVY FISCAL YEAR 2024/25 $165.00 126.92 101.54 88.84 76.15 69.81 63.46 $237.24 per acre or $0.065 $253.85 per acre or $0.070 per sq.ft of building area, per sq.ft of building area, whichever is greater whichever is greater $106.75 per lot or parcel $114.22 per lot or parcel $5.93 per acre $6.35 per acre Resolution No. FD 2024-019 - Page 4 of 5 EXHIBIT "B" SPECIAL TAX FOR FISCAL YEAR 2024/25 IN COMMUNITY FACILITIES DISTRICT NO. 88-1 RANCHO CUCAMONGA FIRE PROTECTION DISTRICT MAXIMUM SPECIAL TAX RATE TAXING CLASSIFICATION FISCAL YEAR 2023124 FISCAL YEAR 2024/25 1. DEVELOPED PROPERTY A. Residential Class I (more than 3,590 SF) B. Residential Class // (3,077 to 3,589 SF) C. Residential Class /II (2,564 to 3,076 SF) D. Residential Class IV (2,308 to 2,563 SF) E. Residential Class V (2,051 to 2,307 SF) F. Residential Class VI (1,795 to 2,050 SF) G. Residential Class VIl (less than 1,795 SF) Commercial/Industrial Property 2. APPROVED PROPERTY 3. VACANT PROPERTY SF = Square Feet $1,761.92 1,351.03 1,078.14 944.98 808.67 746.92 674.49 $2,711.83 per acre or $0.21922 per sq.ft of building area, whichever is greater $200 per lot or parcel $10.00 per acre $1,835.92 $1,407.77 $1,123.42 $984.66 $842.63 $ 778.29 $702.81 $2,825.72 per acre or $0.22843 per sq.ft of building area, whichever is greater $200 per lot or parcel $10.00 per acre NOTE: Escalation of the maximum special rate. Calculation formula Fiscal Year 2024/25. Population CPI* Change Change Factor 1 X 1.0420 = 1.0420 *CPI - California Per Capita Personal Income Resolution No. FD 2024-019 - Page 5 of 5 MELLO-ROOS COMMUNITY FACILITIES DISTRICT NO. 88-1 (FIRE PROTECTION DISTRICT) ANNUAL STATUS REPORT JULY 2024 FD 2024-019 BACKGROUND On April 4, 1989, the qualified voters approved the formation of Mello -Roos Community Facilities District No. 88-1 ("CFD No. 88-1") and authorized CFD No. 88-1 to annually levy a special tax to provide for fire protection services within northeast Etiwanda. On May 19, 1989, the Board of Directors of the Rancho Cucamonga Fire Protection District (formerly Foothill Fire Protection District) adopted an Ordinance authorizing the CFD No. 88-1, by Resolution, to annually levy a special tax in CFD No. 88-1 for purposes of land acquisition, fire station construction, purchase of equipment and operations and maintenance costs for fire protection services. CFD No. 88-1 is located within the boundaries of Highland, Cherry, Day Creek Channel and the San Bernardino National Forest. The maximum special tax shall be annually adjusted for the lesser of (a) changes in cost of living; or (b) changes in the cost of living and changes in population as defined in Section 7901 of the Government Code, as amended, whichever is lesser. Fiscal Year 2024/25, the maximum tax rate which could be levied is adjusted per (b) changes in the cost of living and changes in population. The maximum tax rate will increase from $1,761.92 to $1,835.92, or 4.20%. The actual assessment rate will increase from $154.21 to $165.00, an increase of 7.0% as compared to Fiscal Year 2023/24. Community Facilities District No. 88-1 1 Fiscal Year 2024/25 COMMUNITY FACILITIES DISTRICT NO. 88-1 (FIRE PROTECTION DISTRICT) ANNUAL SPECIAL TAX FISCAL YEAR 2024125 TAXING CLASSIFICATION 1. DEVELOPED PROPERTY A. Residential Class I (more than 3,590 SF) B. Residential Class II (3,077 to 3,589 SF) C. Residential Class III (2,564 to 3,076 SF) D. Residential Class N (2,308 to 2,563 SF) E. Residential Class V (2,051 to 2,307 SF) F. Residential Class VI (1,795 to 2,050 SF) G. Residential Class VII (less than 1,795 SF) Commercial/Industrial Property 2. APPROVED PROPERTY 3. VACANT PROPERTY SF = Square Feet SPECIAL TAX LEVY FISCAL YEAR 2023/24 $154.21 118.62 94.90 83.03 71.17 65.24 59.31 SPECIAL TAX LEVY FISCAL YEAR 2024/25 $165.00 126.92 101.54 88.84 76.15 69.81 63.46 $237.24 per acre or $0.065 $253.85 per acre or $0.070 per sq.ft of building area, per sq.ft of building area, whichever is greater whichever is greater $106.75 per lot or parcel $114:22 per lot or parcel $5.93 per acre $6.35 per acre Community Facilities District No. 88-1 2 Fiscal Year 2024/25 COMMUNITY FACILITIES DISTRICT NO. 88-1 (FIRE PROTECTION DISTRICT) PROPOSED SOURCES AND USES OF FUNDS Sources Taxes: Estimated Assessments, Net of Estimated Delinquencies Anticipated Prior Year Delinquencies Collection Subtotal - Taxes Transfers In Total Proposed Sources Uses Fire Administration Communications Fire Suppression Fire Station Operations and Maintenance Admin./General Overhead Total Proposed Uses Fiscal Year 2024/25 Budget $ 480,620 6,220 486,840 2,780,650 3,267,990 25,000 128,690 2,926,510 53,200 130,110 $ 3,263,510 Community Facilities District No. 88-1 3 Fiscal Year 2024/25 M V4 v 4w O G 4J P d " �.,' ■ A u 03 N m ACIM Qj E co Ay h 9-4:) LL : p v v 4) ...� cu � ■ i '^ J v 3 ., CO ° G AV ePuerA43 AV JaisDLPO'd Ay U@�IIIIW ■ my esOwJaH 'AV pleq!qajv _i +,•� AV uelUllaH i AV PJeAau>A �� a ..�'�L ........fr AV aAOJE) J o �Xfill, ti LA o ¢ e� E I� Call e X g4 t 1.. , Community Facilities District No. 88-1 Fiscal Year 2024/25 ll