SFD Formation, Case Study / April 20, 2017
Cities across California grapple with the increasing annual costs and efforts to address stormwater. As charging any type of utility fee for this effort is challenging, most cities choose to pay for this with dwindling general funds. Culver City decided to try another approach, a parcel tax. The increasing demands…
SFD Formation, Case Study, SFD Administration / April 20, 2017
The City of Oxnard has close to 100 Special Financing Districts (SFDs) across the city, serving a variety of neighborhood needs. Over time, the management of these districts have become difficult, resulting in problems for the City. The City needed a complete overhaul of its numerous landscape and other assessment…
SFD Formation, Case Study, SFD Administration / April 20, 2017
The Valley-Wide Recreation and Park District serves a very large area in Riverside County. They provide many services for dozens of parks and other facilities over hundreds of square miles, reflecting many diverse communities, as well as new development areas. This undertaking requires support, expertise and continuous effort to bring…
SFD Formation, Case Study / April 20, 2017
The City of Folsom is using CFD financing to fund a portion of the estimated $877 million backbone infrastructure and public facilities necessary to serve the Folsom Plan Area (“FPA”) at build-out, and needed support, experience and expertise to forge ahead.
SFD Formation, Case Study, BID Expansion / April 20, 2017
The Yerba Buena CBD, a property-based BID, is an integral part of San Francisco’s lively South of Market Area, known to many as SOMA. This area has gone through a dramatic transformation with significant increases in residents, hotel guests, office workers, museumgoers, diners and nightlife patrons. This is all in…