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The Year 3 projected budget is as follows: <br />Programs & Activities <br />Year 3 <br />Maint & Landscaping <br />$187,720 <br />Marketing & Promotions <br />$267,140 <br />Ambassador Program <br />$151,620 <br />Physical Enhancement <br />$43,320 <br />Admin & Operations <br />$75,200 <br />TOTAL <br />$7259000 <br />Step 6• Separate General Benefits from Special Benefits and Related Costs (Prop 218) <br />All benefits derived from the assessments outlined in the Management District Plan are for supplemental services, <br />programs and improvements directly benefiting the property owners within this area. All CMD funded activities are <br />provided solely to properties within the Modified Downtown Santa Ana CMD. All services will be delivered only <br />within the boundaries and designed only for the direct special benefit of the assessed properties in the CMD. No <br />services will be provided to non - assessed parcels outside the CMD boundaries. <br />Total program and activity costs are estimated at $865,000. General benefits are factored at 5% of total (see Finding 2 <br />in this report) with special benefits set at 95 %. Proposition 218 limits the levy of property assessments to costs <br />attributed to special benefits only. The 5% general benefit cost is computed to be $43,250 with a resultant 95% <br />special benefit limit computed at $821,750. This is the maximum amount of revenue that can be derived from <br />property assessments f om the subject district in Year 3. This maximum may increase on an annual basis in <br />subsequent years (years 4 and 5) to adjust for inflation by 5% as described in the Modified Management District Plan. <br />The total amount of revenue proposed to be derived from district assessments is $722,000 for Year 3, which does not <br />exceed the special benefit limit of $821,750. Therefore, no Proposition 218 adjustments need to be made to the <br />proposed assessment formula. Remaining costs which are attributed to general benefits will need to be funded from <br />other sources. (e.g. public /private matching grants, startup grants, in -kind service contributions for district formation, <br />startup volunteer credits or ongoing board member volunteer credits). <br />Step 7• Calculate "Basic Unit Cost" <br />With a Year 3 assessment revenue of $722,000 (special benefit only), the Basic Unit Costs are shown above in Step 4. <br />Since the CMD is being modified for the remaining three years of a five year term, maximum assessments for future <br />15 <br />