Moreno Valley

City Council

May 20, 2025 Order of Business I #13

Agenda Item 13

I.13 APPROVAL OF THE MAXIMUM AND APPLIED SPECIAL TAXES FOR\nCERTAIN COMMUNITY FACILITIES DISTRICTS FOR FISCAL YEAR\n2025/26 (RESO. NOS. CSD 2025-__ AND CSD 2025-__) (REPORT OF:\nFINANCIAL AND MANAGEMENT SERVICES) (ALL DISTRICTS)\nApproval of FY 2025/26 Special Taxes for Certain Community Facilities Districts\nRecommendation(s)\nThat the CSD:\n1. Acting in its capacity as the Board of Directors for the CSD and as the legislative\nbody of Community Facilities District No. 1, Adopt Resolution No. CSD 2025-__, a\nResolution of the Board for the Moreno Valley Community Services District of the\nCity of Moreno Valley, California, Approving the Continuation of the Community\nFacilities District No. 1 Maximum and Applied Special Tax Rates for Fiscal Year\n2025/26, and Calculation Thereof.\n2. Acting in its capacity as the Board of Directors for the CSD and as the legislative\nbody of Community Facilities District No. 2021-01, Adopt Resolution No. CSD\n2025-__, a Resolution of the Board for the Moreno Valley Community Services\nDistrict of the City of Moreno Valley, California, Approving the Continuation of the\nCommunity Facilities District No. 2021-01 Maximum and Applied Special Tax Rates\nfor Fiscal Year 2025/26, and Calculation Thereof.\n3. Authorize the Chief Financial Officer to adjust the proposed special tax rates in\nthe event there are any parcel changes, clerical errors, or other adjustments as\nmay be necessary between the date the special taxes were calculated and the date\nthe fixed charges are submitted to the County of Riverside, provided the applied\nspecial tax does not exceed the maximum special tax and is in compliance with the\nRate and Method of Apportionment of Special Tax for each district.