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Board of Trustees Meeting June 10, 2008 |
Agenda Item: New Business
Discussion
and/or approval of Resolution #2008-09 intention to levy assessments for fiscal
year 2008-09, preliminarily approving engineer's report, and providing for
notice of hearing for the CVMVCD mosquito, fire ant, and disease control
assessment. David I’Anson,
Finance Manager
Background:
The “Mosquito, Fire Ant and Disease Control Assessment” was authorized by an assessment ballot proceeding conducted in 2005 and approved by 74.19% of the weighted ballots returned by property owners. The assessments were subsequently levied by the Board of Trustees of the Coachella Valley Mosquito and Vector Control District by Resolution No. 2005-04 passed on July 26, 2005, Resolution No. 2006-04 passed on June 13, 2006 and Resolution No. 2007-09 passed on June 12, 2007.
This Resolution provides for the Assessment for the fiscal year 2008-09 as determined by the engineering firm and provides for notice of a public hearing on July 8, 2008. The rate provided by the Engineer’s Report is preliminary. The Board of Trustees at this meeting will determine the Benefit Assessment rate. When the Board preliminarily approves the Engineer’s Report, they are essentially setting the rate for the coming fiscal year as well as setting the date for the public hearing. The Board may choose to preliminarily approve the Engineer’s Report as is, or they may approve it with changes, for example, approve the Report but with a different rate, and specify any rate from $0.00 up to the maximum allowable rate.
Staff Recommendation:
Staff recommends that the Board approve Resolution No. 2008-09
Fiscal Impact:
The financial impact of setting the rate at $10.55 per parcel in Benefit Assessment revenue for FY 2008/09 is $1,771,179.
The financial impact of leaving the rate at $16.48 per parcel in Benefit Assessment revenue for FY 2008/09 is $2,766,733.