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5-18-2021 AGENDA ITEM NO.7 - CONSIDERATION OF WEST COVINA LANDSCAPE MAINTENANCE DISTRICT NO.1 SETTING OF FISCAL YEAR 2021-22 ASSESSEMENT RATEAGENDA ITEM NO.7 AGENDA STAFF REPORT City of West Covina I Office of the City Manager DATE: May 18, 2021 TO: Mayor and City Council FROM: David Carmany City Manager SUBJECT: CONSIDERATION OF WEST COVINA LANDSCAPE MAINTENANCE DISTRICT NO. 1 SETTING OF FISCAL YEAR 2021-22 ASSESSMENT RATE RECOMMENDATION: It is recommended that the City Council adopt the following resolution: RESOLUTION NO.2021-39 — A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA SETTING THE ASSESSMENT RATE FOR WEST COVINA LANDSCAPE MAINTENANCE DISTRICT NO. 1 FOR THE FISCAL YEAR BEGINNING JULY 1, 2021 BACKGROUND: In 1970, a planned community development known as Woodside Village began with "clustered" housing units on smaller lots and numerous open space areas. This combination of small lots and open space areas were developed to provide more cost-effective housing and create a park -like setting. In order to pay for maintenance of the open space areas, Landscape Maintenance District No. 1 ("LMDI") was formed as an ad valorem assessment district pursuant to the Municipal Improvement Act of 1911. LMDI is generally located south of Amar Road, east of Azusa Avenue between Temple Avenue and Shadow Oak Drive and consists of 872 properties (Attachment No. 1). The assessments within an ad valorem (Latin word for "according to value") district are based on property value rather than benefit as in other districts, which were formed pursuant to the Landscaping and Lighting Act of 1972. In 1972, Proposition 92 capped the assessments rates for ad valorem districts at their 1972 rate, which for LMDI was 18.75 cents per 100 dollars of assessed value. DISCUSSION: For Fiscal Year ("FY") 2021-22, the assessment rate is proposed to be maintained at the current rate of 11.88 cents per 100 dollars of assessed value (Attachment No. 2). This rate has not been increased in the last twelve (12) years. As such, the annual assessment for a home and property valued at $400,000 will continue to be $475.20. The total projected revenue for the LMD 1 is $470,047, $464,600 in assessments income and $5,447 in interest. The Operating and Capital Budget for FY 2021-22 is $365,113 (Attachment No. 3). The assessments for FY 21-22 (including interest) of $470,047 will cover the expenditures for FY 2021-22. LMDI contains landscaped hillside slopes vegetated with plants, shrubbery, and trees. The current scope of work for the operations, maintenance, and care of these areas include 3 to 5-feet of fire clearing at the tops and toes of slopes and irrigation maintenance and repairs. As costs have risen and the assessments have not increased in the last twelve (12) years, the district's ability to properly maintain the district has suffered. It is estimated that the budget for proper level of landscaping maintenance and operations scope is approximately double the existing LMD 1 budget (see Attachment No. 3 - Optimal Maintenance). A full study is needed to ascertain what a proper level of maintenance would cost and explore how to properly set the assessment rate accordingly. Such a study will take several months, LMD 1 property owner meetings, and, if rates are to be increased, would require a vote by the affected property owners. Pending completion of a further analysis, this report recommends that assessment rates be maintained at their current levels for FY 2021-22. OPTIONS: The City Council has the following options: 1. Approve staffs recommendation; or 2. Reduce the assessment rate; LMD 1's fund balance will be depleted at a faster pace requiring the City's General Fund to subsidize the district; or 3. Provide alternative direction. ENVIRONMENTAL REVIEW: This item is exempt from the provisions of the California Environmental Quality Act ("CEQA") pursuant to Section 15061 (b) (3) of the CEQA Guidelines in that it consists of the maintenance and operations of landscaping and irrigation within the district, which does not have the potential for causing a significant effect on the environment. Fiscal Impact FISCAL IMPACT: For FY 2021-22, the assessment rate is proposed to be maintained at the current rate of 11.88 cents per 100 dollars of assessed value. The projected income from the recommended rates is $464,600. In addition, $5,447 is projected to be received in interest. The total projected revenue is $470,047. The total funds available is $3,193,438, including the $2,723,391 fund balance from the previous fiscal year. For FY 2021-22, the proposed operating budget for LMD 1 is $365,113, which is an increase of 2.0% when compared to the approved/amended budget for FY 2020-21. The proposed operating budget only funds regular landscape maintenance service. The annual administration cost is $3,187.50 and will be paid from Account No. 181.71.4133.6110. Attachments Attachment No. 1 - Map Attachment No. 2 - Rate History Attachment No. 3 - Financial Report Attachment No. 4 - 10 Year Fiscal Projection Attachment No. 5 - Resolution No. 2021-39 CITY COUNCIL GOALS & OBJECTIVES: Achieve Fiscal Sustainability and Financial Stability Enhance City Facilities and Infrastructure ATTACHMENT NO. 1 Legend City of West Covina Boundary rl Maintenance District 1 ® Park - Open Space Parcels go Landscape Maintenance District 1 i 575 287.5 0 575 Feet ATTACHMENT NO. 2 West Covina Landscape Maintenance District No. 1 15 Year Rate History Proposed 11.88 $475.20 2020-2021 2019-2020 11.88 $475.20 2018-2019 11.88 $475.20 2017-2018 11.88 $475.20 2016-2017 11.88 $475.20 2015-2016 11.88 $475.20 2014-2015 11.88 $475.20 2013-2014 11.88 $475.20 2012-2013 11.88 $475.20 2011-2012 11.88 $475.20 2010-2011 11.88 $475.20 2009-2010 11.88 $475.20 2008-2009 11.65 $466.00 2007-2008 11.42 $456.80 2006-2007 11.04 $441.60 ATTACHMENT NO. 3 Existing Maintenance Optimal Maintenance Previous Fiscal Year Fund Balance $2,723,391 $2,723,391 Revenues Assessment Income (Total Balance to Levy) $464,600 $464,600 Interest 5,447 5,447 Total Projected Revenue $470,047 $470,047 Expenditures Direct Maintenance Personnel Services $112,062 $224,124 Materials and Services Maintenance Contracts 125,685 251,370 Utilities (electricity & water) 70,000 140,000 Maintenance Supplies 5,000 10,000 Property & Liability Insurance 6,538 13,076 Administration & Overhead 45,828 91,656 Total Direct Maintenance $365,113 $730,226 Capital Improvement $0 $0 Total Operating and Capital Budget $365,113 $730,226 Ending Fund Balance $2,828,325 $2,463,212 Note: The variance is the amount needed to support the recommended increased scope of work for Landscape Maintenance District 1. The recommended scope of work includes tree trimming of the hillside trees on a trimming cycle and landscape maintenance including trash removal and clearing of the hillside plants and shrubbery. ATTACHMENT NO. 4 West Covina Maintenance District No. 1 Assessment Income $464,600 $469,246 $473,938 $478,678 $483,465 $488,299 $493,182 $498,114 $503,095 $508,126 Interest') Prior Year Balance Total Funding Operating Exp. CIP Total Cost Ending Balance Assess. Per $400k Assessed Valuation(2) 5,447 5,657 5,862 6,061 6,256 6,445 6,628 6,806 6,977 7,141 2,723,391 2,828,325 2,930,812 3,030,748 3,128,027 3,222,537 3,314,167 3,402,801 3,488,321 3,570,605 $3,193,438 $3,303,227 $3,410,612 $3,515,488 $3,617,748 $3,717,282 $3,813,978 $3,907,721 $3,998,393 $4,085,872 365,113 372,415 379,864 387,461 395,210 403,114 411,177 419,400 427,788 436,344 0 $365,113 $372,415 $379,864 $387,461 $395,210 $403,114 $411,177 $419,400 $427,788 $436,344 $2,828,325 $2,930,812 $3,030,748 $3,128,027 $3,222,537 $3,314,167 $3,402,801 $3,488,321 $3,570,605 $3,649,528 $475.20 $475.20 $475.20 $475.20 $475.20 $475.20 $475.20 $475.20 $475.20 $475.20 Rate Per $100 Assessed Valuation(3) $0.1188 $0.1188 $0.1188 $0.1188 $0.1188 $0.1188 $0.1188 $0.1188 $0.1188 $0.1188 Notes: (1) Interest is 0.4% of one- half of the previous year ending balance. (2) 1 % increase in assessed valuation each year is allowable. (3) Previously approved maximum highest rate, $0.1875. ATTACHMENT NO.5 RESOLUTION NO.2021-39 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, SETTING THE ASSESSMENT RATE FOR WEST COVINA LANDSCAPE MAINTENANCE DISTRICT NO. 1 FOR FISCAL YEAR BEGINNING JULY 1, 2021 THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. As applicable, the assessment levied on the real property is exempt from the application of Article XIII A, Section 1(A) and Article XIII C of the Constitution of the State of California and is levied for the benefit of the residents of the City of West Covina Landscape Maintenance District No. 1 ("LMD 1"). SECTION 2. The amount of funds necessary to be raised by the assessment, upon the assessable property within LMDI, for the current Fiscal Year beginning July 1, 2021, is hereby fixed as follows: For the cost of maintaining and operating the open space, improvements, and facilities thereon within the LMDI in the amount of $365,113. SECTION 3. For the purpose of raising the funding necessary to be raised by the assessment upon the assessable property within LMDI, as revenue to maintain and operate the open space, improvements and facilities within the LMDI, the rate is hereby fixed and the assessment is hereby set on all assessable real property in the LMDI for the Fiscal Year beginning July 1, 2021, at the rate of 11.88 cents upon 100 dollars of assessed value of said assessable real property as assessed by the County Assessor and equalized by the Assessment Appeals Board of the County of Los Angeles and with respect to certain property as assessed by the State Board of Equalization and equalized by said Board as follows: Estimated Assessed Value of Land within Entire District $280,034,520 Benefit Assessment Rate $0.1188 per one hundred dollars No separate tax is being levied upon the assessable property within any zone in LMD 1 for the Fiscal year beginning July 1, 2021, and no funds are being raised to finance special services within LMDI. SECTION 4. The City Council finds that the levy and collection of these assessments is statutorily exempt from the California Environmental Quality Act under § 15273 of the Guidelines. In addition, the capital improvements proposed for LMDI are of minor nature and, therefore, categorically exempt from the requirements for environmental compliance. APPROVED AND ADOPTED on the 18th day of May, 2021. APPROVED AS TO FORM Thomas P. Duarte City Attorney Letty Lopez-Viado Mayor ATTEST Lisa Sherrick Assistant City Clerk I, LISA SHERRICK, ASSISTANT CITY CLERK of the City of West Covina, California, do hereby certify that the foregoing Resolution No. 2021-39 was duly adopted by the City Council of the City of West Covina, California, at a regular meeting thereof held on the 18th day of May 2021, by the following vote of the City Council: AYES: NOES: ABSENT: ABSTAIN: Lisa Sherrick Assistant City Clerk