Item Coversheet
CITY OF PEORIA, ARIZONA
COUNCIL COMMUNICATION 		Agenda Item: 20C. 


Date Prepared:  5/22/2018 Council Meeting Date: 6/5/2018
TO:Jeff Tyne, City Manager 
THROUGH:
Henry Darwin, City Manager 
FROM:  Barry Houg, Deputy Director Finance & Budget 
SUBJECT:
Fiscal Year 2019 SLID/MID Levies 
Purpose:

Discussion and possible action to adopt ORD. 2018-14 and ORD. 2018-15 approving the Street Light and Maintenance Improvement District Levies for Fiscal Year 2019 and declaring an emergency.
Summary:

The Council will consider a motion to adopt an ordinance for 268 Street Light Improvement Districts located in the City. A second action is requested to consider adoption of an ordinance for the 11 Maintenance Improvement Districts located in the City. These ordinances approve levies for each active street light district and active maintenance improvement district in the City.

 

A schedule of proposed tax revenues for the Maintenance and Street Light Improvement Districts within the City is attached. Staff has used calculations based on the percent of build out completed for the various subdivisions in calculating the proposed tax levies.


Previous Actions/Background:

A schedule of SLIDS and MIDS was published in the Peoria Times on May 4, 2018, and May 11, 2018.
Options:

A: That the Mayor and Council approve the ordinances adopting the Street Light and Maintenance Improvement District Levies for FY 2019.

 

B: That the Mayor and Council not approve the improvement district tax levies and provide staff direction to change the improvement district tax levies.

 

 

 

Staff Recommendation:

Staff recommends that the Mayor and Council approve the ordinances adopting the Street Light and Maintenance Improvement District Levies for FY 2019.
Fiscal Analysis:

The Street Light Improvement District levy is expected to generate $793,155 and the Maintenance Improvement District levy is expected to generate $105,299 in the next fiscal year.

ATTACHMENTS:
Description
Street Light Improvement Districts Ordinance
Schedule of Street Light Improvement Districts
Maintenance Improvement Districts Ordinance
Schedule of Maintenance Improvement Districts
Contact Name and Number:  
Barry Houg, (623) 773-7174