TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Javier Carcamo, Finance Director
PREPARED BY: Evan Crockett, Management Analyst - Finance
SUBJECT:
title
Fiscal Year 2026/27 Tax Rates for the Community Facilities Districts
end
ABSTRACT
This report presents the proposed Fiscal Year 2026/27 special tax rates for the City's Community Facilities Districts (CFDs). It requests City Council adoption of the required resolutions to approve the annual levies. The recommended tax rates ensure each district generates sufficient revenue to meet debt service obligations, administrative costs, and authorized public services in accordance with the Mello-Roos Act and each district's Rate and Method of Apportionment. For FY 2026/27, the combined levy totals $9,310,450 for seventeen bonded CFDs and $129,984.84 for the Safety and Maintenance CFDs. Adoption of these resolutions maintains compliance with County requirements and supports the City's commitment to fiscal sustainability and transparency.
RECOMMENDATION
recommendation
Adopt the Resolutions approving the Fiscal Year 2026/27 Tax Rates for the Community Facilities Districts:
Resolution No. 26-4958 entitled: A Resolution of the City Council of the City of Murrieta, County of Riverside, State of California, Ordering the Levy and Collection of Special Taxes Within Each Community Facilities District Listed Below for Fiscal Year 2026/2027:
Community Facilities District No. 2000-1 (Greer Ranch),
Community Facilities District No. 2000-2 IA A (The Oaks),
Community Facilities District No. 2000-2 IA B (The Oaks),
Community Facilities District No. 2001-1 IA A (Bluestone Communities/Murrieta Highlands),
Community Facilities District No. 2001-1 IA B (Bluestone Communities/Murrieta Highlands),
Community Facilities District No. 2003-1 (Murrieta Springs),
Community Facilities District No. 2003-2 (Blackmore Ranch),
Community Facilities District No. 2003-3 (Creekside Village),
Community Facilities District No. ...
Click here for full text