Title
a. Authorize and direct the Auditor-Controller to amend Fiscal Year (FY) 2024-25 Adopted Budget for County Service Area 15-Toro Park/Serra Village, fund 056, Appropriation Unit PFP010, increasing appropriations by $128,235 funded by Fund 056 unassigned fund balance for park improvements and additional landscaping/tree maintenance services; and
b. Authorize and direct the Auditor-Controller to amend the Fiscal Year (FY) 2024-25 Adopted Budget for County Service Area 17-Tierra Grande, Fund 057, Appropriation Unit PFP011, increasing appropriations by $15,671 funded by Fund 057 unassigned fund balance for County staff and consultant time to complete the Engineer’s Report and Proposition 218 election.
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RECOMMENDATION:
It is recommended that the Budget Committee support the Board of Supervisors to:
a. Authorize and direct the Auditor-Controller to amend Fiscal Year (FY) 2024-25 Adopted Budget for County Service Area 15-Toro Park/Serra Village, Fund 056, Appropriation Unit PFP010, increasing appropriations by $128,235 funded by Fund 056 unassigned fund balance for park improvements and additional landscaping/tree maintenance services; and
b. Authorize and direct the Auditor-Controller to amend the Fiscal Year (FY) 2024-25 Adopted Budget for County Service Area 17-Tierra Grande, Fund 057, Appropriation Unit PFP011, increasing appropriations by $15,671 funded by Fund 057 unassigned fund balance for County staff and consultant time to complete the Engineer’s Report and Proposition 218 election.
SUMMARY/DISCUSSION:
CSA 15-ToroPark/Serra Village (CSA 15) was formed in 1962 to provide street lighting and maintenance for storm drainage, streets and sidewalks, and park and open space. The CSA is located on the western side of Highway 68 between River Road and San Benancio Road. CSA 15 revenue is provided by annual assessments on 813 parcels, AB8 funds from general property tax and interest on fund balance. A budget appropriation is necessary to fund projects not initially included in the budget including improvements to park equipment, such as swings, playground areas, benches, tables and basketball courts. The park improvement costs are estimated to be $85,000. Additional tree services, staff time, and higher utility costs for street lighting and water usage are also anticipated.
CSA 17-Tierra Grande (CSA 17) was formed in 1963 to provide for storm drain and parkway maintenance. The CSA is located off Carmel Valley Road at Tierra Grande Drive in Carmel Valley. Property owners have expressed concern about the infrastructure needs in the CSA and have requested repairs and upgrades be completed, including substantial drainage and road repairs, road striping, and right-of-way tree maintenance. An annual assessment has not been established for this CSA, and current AB8 revenue is insufficient to provide the necessary levels of maintenance while building a fund balance to support future repairs and replacement projects. To establish an assessment, an Engineer’s Report and Proposition 218 election is targeted to be completed prior to the end of the 2024-25 fiscal year. Management of the Proposition 218 election will result in additional County Counsel and Special District staff costs as well as final consulting costs.
FINANCING:
If approved, the Fiscal Year (FY) 2024-25 Adopted Budget appropriations for County Service Area 15-Toro Park/Serra Village (Fund 056, Appropriation Unit PFP010) will increase by $128,235, funded from the unassigned fund balance. The beginning FY 2024-25 CSA 15 Fund Balance is $592,113. With expenditures expected to exceed revenues by $218,960, the estimated ending fund balance will be $373,153.
If approved, the FY 2024-25 Adopted Budget appropriations for County Service Area 17-Tierra Grande (Fund 057, Appropriation Unit PFP011) will increase by $15,671, funded from the unassigned fund balance. The beginning FY 2024-25 CSA 17 Fund Balance is $13,666. With expenditures expected to exceed revenues by $10,720, the estimated ending fund balance will be $2,946. A successful Proposition 218 election is estimated to result in annual assessments starting at $155,322 in Fiscal Year (FY) 2025-26.
Prepared by: Lynette Redman, Management Analyst III
Reviewed by: Tom Moss, PG, Senior Water Resources Hydrologist
Reviewed by Enrique Saavedra, PE, Chief of Public Works, Facilities and Parks
Approved by: Randell Ishii, MS, PE, TE, PTOE, Director of Public Works, Facilities and Parks
Attachments:
Attachment A - CSA 15 FY 2024-25 Financial Summary
Attachment B - CSA 15 LAFCO Map
Attachment C - CSA 17 FY 2024-25 Financial Summary
Attachment D - CSA 17 LAFCO Map
Attachment E - Harris & Associates CSA 17 Engineer’s Report Amendment