HomeMy WebLinkAbout2/4/2015 - STAFF REPORTS - 2.K. a°�v A LM s'0i
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°q<,FoaN�P CITY COUNCIL STAFF REPORT
DATE: February 4, 2015 CONSENT CALENDAR
SUBJECT: ACCEPT OF COMMUNITY FACILITIES DISTRICT ANNUAL
ACCOUNTABILITY REPORT
FROM: David H. Ready, City Manager
BY: Department of Finance and Treasury
SUMMARY
Specific sections of the California Government Code require annual reporting for voter-
approved special taxes issued subsequent to January 2001. The Community Facilities
District (CFD) No. 2005-1 (Public Safety Services) and Community Facilities District
(CFD) No. 2007-1 (Tribal Land) were established in 2005 and 2007. Each year staff
and the CFD administrator prepare a report summarizing the financial activity of the
CFDs and certifying that the use of the funds is consistent with the purpose of the CFD.
The report is required to be accepted by the City Council.
RECOMMENDATION:
1. Accept the Community Facilities District No. 2005-1 (Public Safety Services) and
Community Facilities District No. 2007-1 (Tribal Land) Special Tax and Bond
Accountability Reports for the Fiscal Year 2013-14.
2. Authorize the City Manager to execute all necessary documents.
BACKGROUND:
CFD No. 2005-1 (Public Safety Services) (the "District') was formed to finance the costs
and expenses of providing public safety services to the City of Palm Springs (the "City").
The services provided include: Police services, fire protection and suppression services,
and life safety services of the City required to sustain the service delivery capability for
emergency and non-emergency services to new growth areas of the City, including but
not limited to (i) the costs of contracting services, (ii) equipment, vehicles, ambulances
and paramedics, fire apparatus, supplies, (iii) the salaries and benefits of City staff that
directly provide police services and fire protection and suppression services and life
safety services, respectively, and (iv) City overhead costs associated with providing
such services within the District.
ITEM NO.
City Council Staff Report
February 4, 2015— Page 2
Accept Community Facilities District Annual Accountability Report
CFD No. 2007-1 (Tribal Land) (the "District") was formed to finance the costs and
expenses of providing public safety services to the City of Palm Springs (the "City").
The services provided include: New police services, fire protection and suppression
services, and life safety services (the "Services") of the City of Palm Springs required to
sustain the service delivery capability for emergency and non-emergency services to
new growth areas of the City of Palm Springs, including but not limited to, equipment,
vehicles, ambulances and paramedics, fire apparatus, services, supplies and personnel.
The Local Agency Special Tax and Bond Accountability Act ("Accountability Act") was
enacted by California State Legislature through Senate Bill 165 to provide accountability
measures for any local special tax and/or bond measure subject to voter approval on or
after January 2001. Some of the requirements of the Act are handled at the formation
of the special tax district and others are handled through annual reports. This section of
this report intends to comply with Section 50075.3 or Section 53411 of the California
Government Code that states:
"The chief fiscal officer of the issuing local agency shall file a report with its governing
body no later than January 1, 2002, and at least once a year thereafter. The annual
report shall contain all of the following:
a) The amount of funds collected and expended.
b) The status of any project required or authorized to be funded as identified in
subdivision of Section 50075.1 or Section 53410."
The annual report ("Accountability Report") has been prepared for the CFD No. 2005-1
(Public Safety Services) and CFD No. 2007-1 (Tribal Land) of the City of Palm Springs
(City) for the fiscal year ended June 30, 2014 pursuant to and in accordance with the
requirements outlined in the Accountability Act. These reports are attached for the
Council's review.
STAFF ANALYSIS:
On September 7, 2005, the City Council established the Community Facilities District
(CFD) pursuant to the provisions of the Mello-Roos Community Facilities Act of 1982
(the "Act"). The CFD is authorized to levy a special tax generally for the purpose of
funding public safety services for new development within the City.
The authorized costs of service includes but not limited to, equipment, vehicles,
ambulances and paramedics, fire apparatus, services, supplies and personnel.
The City is legally required to maintain a separate fund to account for revenues and
expenditures related to the CFD. The source of revenue in this fund is the annual CFD
levy paid by homeowners within the CFD.
02
City Council Staff Report
February 4, 2015-- Page 3
Accept Community Facilities District Annual Accountability Report
FISCAL IMPACT:
The following attachments provide a summary of the collection of special taxes and the
authorized expenditures in the fiscal year 2013-14 in the CFD. The summarized
revenues and expenditures have no impact on the City's General Fund.
Geoffr iehI, es Thompson
Director of Finance and Treasurer hief of Staff/ City Clerk
David H. Ready, City�pa r
Attachment:
CFD No. 2005-1 Annual Collections and Expenditures Report for FY 2013-14
CFD No. 2007-1 Annual Collections and Expenditures Report for FY 2013-14
03
SENATE BILL 165
Senate Bill 165,filed with the Secretary of State on September 19,2000, enacted the Local Agency Special
Tax and Bond Accountability Act (the "Act"). The Act requires that any local special tax or local bond
measure subject to voter approval contain a statement indicating the specific purposes of the special tax,
require that the proceeds of the special tax be applied to those purposes, require the creation of an account
into which the proceeds shall be deposited, and require an annual report containing specified information
concerning the use of the proceeds. The Act only applies to any local special tax measure or local bond
measure adopted on or after January 1, 2001 in accordance with Section 50075.1 or Section 53410 of the
California Government Code.
Some of the requirements of the Act are handled at the formation of the special tax district and others are
handled through annual reports. This section of this report intends to comply with Section 50075.3 or
Section 53411 of the California Government Code that states:
"The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than
January 1, 2002, and at least once a year thereafter. The annual report shall contain all of the following:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of
Section 50075.1 or Section 53410."
The requirements of the Act apply to the Funds of:
City of Palm Springs
Community Facilities District No. 2005-1
District Formed September 7, 2005
Purpose of Special Tax
Community Facilities District No. 2005-1 (Public Safety Services) (the"District") was formed to finance the
costs and expenses of providing public safety services to the City of Palm Springs(the"City"). The services
provided include: Police services, fire protection and suppression services, and life safety services of the
City required to sustain the service delivery capability for emergency and non-emergency services to new
growth areas of the City, including but not limited to (i) the costs of contracting services, (ii) equipment,
vehicles, ambulances and paramedics, fire apparatus, supplies, (iii) the salaries and benefits of City staff
that directly provide police services and fire protection and suppression services and life safety services,
respectively, and (iv) City overhead costs associated with providing such services within the District.
Collections & Expenditures
06/3012013 2013114 06/30/2014 Expended
Fund Balance Collected Balance Amount Service Status
Special Tax Fund $274,084.40 $325,023.43 $284,305.63 $314,802.20 7 Ongoing
04
SENATE BILL 165
Senate Bill 165,filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special
Tax and Bond Accountability Act (the "Act"). The Act requires that any local special tax or local bond
measure subject to voter approval contain a statement indicating the specific purposes of the special tax,
require that the proceeds of the special tax be applied to those purposes, require the creation of an account
into which the proceeds shall be deposited, and require an annual report containing specified information
concerning the use of the proceeds. The Act only applies to any local special tax measure or local bond
measure adopted on or after January 1, 2001 in accordance with Section 50075.1 or Section 53410 of the
California Government Code.
Some of the requirements of the Act are handled at the formation of the special tax district and others are
handled through annual reports. This section of this report intends to comply with Section 50075.3 or
Section 53411 of the California Government Code that states:
"The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than
January 1, 2002, and at least once a year thereafter. The annual report shall contain all of the following:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of
Section 50075.1 or Section 53410."
The requirements of the Act apply to the Funds of:
City of Palm Springs
Community Facilities District No. 2007-1
District Formed October 17, 2007
Purpose of Special Tax
Community Facilities District No. 2007-1 (Tribal Land) (the "District") was formed to finance the casts and
expenses of providing public safety services to the City of Palm Springs(the"City"). The services provided
include: New police services, fire protection and suppression services, and life safety services (the
"Services")of the City of Palm Springs required to sustain the service delivery capability for emergency and
non-emergency services to new growth areas of the City of Palm Springs, including but not limited to,
equipment, vehicles, ambulances and paramedics, fire apparatus, services, supplies and personnel.
Collections &Expenditures
06/30/2013 2013114 06130/2014 Expended
Fund Balance Collected Balance Amount Service Status
Special Tax Fund $6,741.04 $7,637.85 $6,992.43 $7,386.46 Ongoing
Q5