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HomeMy WebLinkAboutITEM 1Tustin Landscape & Lighting District Reassessment 2025 December 2, 2025 OIL � `p �.�,. 7•. `` ` k a • ," 1 Wo Y P ;' Remembering what connects us. : IfPi t � r z Funding History Annual assessment revenue no longer covered expenses in 2009. The City Council authorized use of surplus construction funds for maintenance expenses. The surplus construction funds were exhausted in 2020. l�4 i 2021 Reassessment Effort In 2021, staff initiated a reassessment process to increase annual assessments. Revenue no longer covered annual maintenance costs Utility costs for water and electricity Contract landscape and tree maintenance costs The 2021 reassessment did not pass. Services were reduced to stay within available revenue. Proposed Work Plan Incremental service improvements over 5 years: Increase landscape maintenance frequency Tree trimming every other year Tree health program to retain existing trees Annual landscape rehabilitation projects Restore watering schedule to ensure healthy plant material all year Proposed Assessments Gradual increase in the budget to restore services over a 5-year period. Noticed assessments for 5 years. In year 6, and each year thereafter apply an increase equal to CPI + 3%. Proposition 218 requires voter approval of any future increase beyond what is proposed in this reassessment. $7.58 $7.81 $8.63 $106.97 $124.80 $140.01 $149.06 $150.58 $177.40 $9.46 $10.42 $11.45 $171.62 $202.17 $224.21 $201.02 $234.53 $259.78 Bid Tabulation Bid tabulation to begin once the Public Hearing is closed Staff will report the results at the end of tonight's meeting If no majority protest is filed, the City Council may, but is not required to, adopt Resolution No. 25-74 forming the Reassessment District If a majority protest exists, no further action can be taken 5,407 ballots mailed. Approximately 1,600 returned as of this morning. /OOOOO-=MWO= W 4 .00�4�- �Uri Sl Remembering what connects us. Questions ? U 1 v �