HomeMy WebLinkAbout08-05-19 City Commission Packet Materials - A3. Resolution 5062, FY20 Tree Maintenance District Assessments - SUPPLEMENTAL MATERIALS s>/s/i s
Resolution 5062- Tree MaIrterance
District Assessment
Public Hearing
2% increase in Tree Maintenance Distrect Assessments for FY 2020
making the assessment rate $.003548 per assessab�e foot.
Tree Maintenance Assessment Increase
16.0%
14.0%
12.0%
10.0%
8.0%
6.0% $ 0
4.0%
2.0%
0.0%
FY14 FY15 FY16 FY17 FY18 FY19 FY20
Resolution 5062- Tree Maintenance
District Assessment
2% increase in Tree Maintenance District Assessments for FY 2020
making the assessment rate $.003548 per assessable foot.
Total Tree Maintenance Assessments Collected, est. $772,673.52
Total Increased Dollars (2%) to Tree Maintenance District Fund, est. $ 57,235.07
Annual Assessment, Average Residential Lot (7,500 sq ft) $26.61
Annual Increase (2%), Average Residential Lot (7,500 sq ft) $0.52
Annual Assessment, Maximum Residential Lot (15,000 sq ft) $53.22
Annual Increase (2%), Maximum Residential Lot (15,000 sq ft) $1.04
Resolution 5063 - Arterial & Collector Street
Maintenance District Assessments
Public Hearing
No change in Arterial and Collector Street Maintenance District
Assessments for FY 2020, the assessment rate will remain $.006408
per assessable square foot.
Change in Arterial & Collector Assessment
95%
3.00%
80% _- _ 63%
60%
40%
20% 0%
0%
FY 2017 FY 2018 FY 2019 FY 2020
-20%
-28%
-40%
Resolution 5063 - Arterial & Collector Street
Maintenance District Assessments
No change in Arterial and Collector Street Maintenance District
Assessments for FY 2020, the assessment rate will remain $.006408 per
assessable square foot.
Total Arterial and Collector Street Maintenance Assessments Collected, est. $1,333,457.63
Total decreased Dollars (0%) to Street Maintenance District Fund, est. $0
Assessment, Average Residential Lot (7,500 sq ft) $48.06
Annual decrease (0%), Average Residential Lot (7,500 sq ft) $0
Annual Assessment, Maximum Residential Lot (15,000 sq ft) $96.12
Annual decrease (0%), Maximum Residential Lot (15,000 sq ft) $0
Resolution 5064- Street Maintenance
District Assessment
Public Hearting
8% increase in Street Maintenance District Assessments for FY 20201
making the assessment rate $0.028924 per assessable square foot.
Street Maintenance Assessment Rate Change
18.0% 17 °
16.0% 1 °
14.0%
12.0%
10.0%
8.0% 6 0
6 °
6.0% 5 0
4.0%
2.0%
0.0%
FY14 Approved FY15 Approved FY16 Approved FY17 Approved FY18 Approved FY19 Approved FY20
Recommended
Resolution 5064- Street Maintenance
District Assessment
8% increase in Street Maintenance District Assessments for FY 20201P
making the assessment rate $0.028924 per assessable square foot.
Total Street Maintenance Assessments Collected, est. $6,295,120.77
Total Increased Dollars (8%) to Street Maintenance District Fund, est. $466,605.24
Annual Assessment, Average Residential Lot (7,500 sq ft) $216.93
Annual Increase (8%), Average Residential Lot (7,500 sq ft) $16.07
Annual Assessment, Maximum Residential Lot (15,000 sq ft) $433.86
Annual Increase (8%), Maximum Residential Lot (15,000 sq ft) $32.14