Agda Pkt 2026.07.27 Joint SA PFA

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Page 2 of 4 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org Boulevard and in Seaport Centre for maintenance of facilities that were determined to require a level of service greater than regularly required. On June 8, 2015, the City Council accepted the City Manager’s and Engineer’s Reports (Reports) that describes the maintenance work, costs and the formula by which annual assessments will be calculated against each assessed parcel for an aggregate amount not to exceed $212,500 for the District. On August 24, 2015, property owners of the District approved, by a vote of 100 percent yes, the levy of a maximum annual benefit assessment of $212,500. On the same date, the City Council adopted a resolution approving the proposed annual assessments and authorizing San Mateo County to levy and collect the assessments. Starting in 2016, the City Council has annually adopted a resolution authorizing the levy and collection of the annual assessments for the District. ANALYSIS The District is assessed annually to allow taxes to be levied and collected by the San Mateo County Controller and Tax Collector Offices with the secured property tax roll. Only special benefits are assessed, and any general benefits have been separated from the special benefits as shown in the reports for the District. The District’s annual assessment and formula for distributions were confirmed by City Council in 2015. The proposed annual assessment for tax roll year 2026-2027 in the amount of $212,500 would not be a change from the annual assessment stated in the confirmed reports and the assessment would not be a change from the annual assessment levied since FY 2015-16. There is also no change in the formula and distribution of benefit assessments among each individual parcel in the District from what was shown in the confirmed Reports. As shown in the Reports, the annual maintenance budget is balanced, with expected District expenditures not exceeding assessments. A draft resolution authorizing the levying and collection of assessments is attached. Copies of the Reports, which include the annual budget and assessments, are available for review in the City Clerk’s Office. EQUITY IMPACT All City actions are assessed for impact. Because this item is on the consent calendar, this section indicates assessment process, not findings. The anticipated impact of this policy, program, or action has been assessed in the following ways: Reviewed from similar or relevant past program or policy in Redwood City 7.A. - Page 2 of 5 11