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Redwood City Stormwater Roadmap Funding Program September 2025 7-3 Schaaf & Wheeler Both a Parcel Tax and a Community Facilities District (CFD) require several months of preparation before placement on the ballot. For a Parcel Tax, the final resolution must be approved at least 88 days before the election, with an additional three to four months typically needed beforehand for financial modeling, drafting, and polling. Similarly, a CFD involves a series of resolutions, with the final resolution due at least 90 days before the election and three to four months of preparation prior to the initial resolution. In both cases, polling may extend the timeline. 7.1.3 Special Assessment A benefit assessment district assigns project costs in direct proportion to the benefits received. Benefit assessment districts are often formed for specific projects within a specific watershed. The only properties assessed are those that directly benefit from the projects and in direct proportion to that benefit. The benefit assessment is not seen as a practical solution to funding the stormwater program as a whole based on the extensive benefit findings required separating general and special benefits, as well as the additional assessment engineering time and expense required in order to support legally defensible findings for a City-wide assessment. An assessment requires approximately three to four months for calculations and preparation of the engineer’s report, followed by an additional two and a half to three months for the resolution and ballot process. 7.1.4 Property-Related Fee A property-related fee is a fee for service attributable to the parcel being charged. A fee for stormwater services is levied upon the county tax roll and is imposed as an incident of property ownership. As such, it would be subject to the substantive and procedural requirements of California Constitution Article XIII D (known commonly by its enacting ballot measure: Proposition 218). The fee must be submitted and approved by a majority vote of the property owners or by a two- thirds vote of the electorate. The amount charged to each parcel must be proportional to the cost of service attributable to that parcel. Due to this proportionality requirement, costs attributable to public parcels should be paid by City revenues (e.g., General Fund appropriation) or by individual City departments. For a property owner election, each parcel generally receives one ballot, and each ballot has one vote regardless of the potential levy amount, although the City may also have the power to provide for weighted voting. In one-parcel-per-vote elections, a large commercial parcel with a calculated levy that is an order of magnitude greater than that of a smaller parcel would have the same single vote as the smaller parcel. The revenue stream from a property-related fee may be used for capital, annual operating, and maintenance costs. This revenue stream could also be pledged as credit support for a revenue bond issued to fund major capital improvements. It typically takes about three to four months to complete the cost-of-service analysis for a property-related fee, followed by an additional four to five months for the notice and election process. 11.A. - Page 34 of 53 465