In Case Study, SFD Administration, SFD Formation

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 the projects to completion on time, as well as manage the annual administration of so many districts and parcels.

NBS has supported Valley-Wide with their Special Financing Districts (SFD) since 1997, which includes the provision of annual services as well as Proposition 218 compliance and ballot consulting services. Over the years, NBS has performed many LMD and CFD Formations. In addition, NBS continues to manage the annexations for the District. NBS has been the District’s trusted administrator of seven LMDs (more than 50 zones) and one CFD (3 zones) totaling over 88,800 unique parcels.

Valley-wide staff have been able to focus on their core efforts while relying on NBS staff to provide guidance in new formations as well as support ongoing administration of thousands of parcels.


For more information, please contact: Pablo Perez, Director pperez@nbsgov.com.

 

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