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Meeting Date:
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10/13/2021 - 6:00 PM
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Category:
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Business/Action Items
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Type:
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Info/Action
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Subject:
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18.2 Community Facilities District No. 1- Special Tax Levy Report for Fiscal Year 2021-22.
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LCAP (Local Control Accountability Plan) Goal:
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Goal 1: All students will receive a high quality education in a safe and welcoming environment with equitable and high expectations, access to technology, and instruction in the California State Standards that prepare them for college and career.
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Enclosure
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Community Facilities District No. 1- Special Tax Levy Report for Fiscal Year 2021-22.
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File Attachment:
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Summary:
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On September 18, 2000, former Governor Gray Davis signed Senate Bill 165 which enacted the Local Agency Special Tax and Bond Accountability Act. In approving the bill, the Legislature declared that local agencies need to demonstrate to the voters that special taxes and bond proceeds are being spent on the facilities and services for which they were intended. To further this objective, the Legislature added Sections 50075.3 and 53411 to the California Government Code setting forth annual reporting requirements relative to special taxes collected and bonds issued by a local public agency. Pursuant to Sections 50075.3 and 53411, the chief fiscal officer of the public agency will, by January 1, 2002, and at least once a year thereafter, file a report with the governing body setting forth the following information.
Section 50075.3
Item (a): Identify the amount of special taxes that have been collected and expended.
Item (b): Identify the status of any project required or authorized to be funded by the special taxes.
Section 53411
Item (a): Identify the amount of bonds that have been collected and expended.
Item (b): Identify the status of any project required or authorized to be funded from bond proceeds.
On July 25, 2016, Governor Jerry Brown signed Assembly Bill No. 1666, adding Section 53343.2 to the California Government Code (“GC”). The bill enhances the transparency of community facilities districts by requiring that certain reports be accessible on a local agency’s web site. Pursuant to Section 53343.2, a local agency that has a web site shall, within seven months after the last day of each fiscal year of the district, display prominently on its web site.
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Funding:
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N/A
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Fiscal Impact
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N/A
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Recommendation:
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Review and accept the Community Facilities District No. 1- Special Tax Levy Report for Fiscal Year 2021-22.
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Approvals:
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Recommended By:
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Signed By:
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Isaac Williams - Internal Auditor
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Signed By:
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Cesar Alvarado - General Counsel
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Signed By:
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Mika Arbelbide - Director of Fiscal Services
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Signed By:
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Dr. Lisa Gonzales - Chief Business Officer
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Signed By:
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Dr. Adam Clark - Superintendent
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Vote Results:
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| Original Motion | | Member Debra Mason Moved, Member Erin McFerrin seconded to approve the Original motion 'Review and accept the Community Facilities District No. 1- Special Tax Levy Report for Fiscal Year 2021-22.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Linda Mayo | Yes | | Debra Mason | Yes | | Cherise Khaund | Yes | | Keisha Nzewi | Yes | | Erin McFerrin | Yes | |
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