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Page 3 of 4 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />FISCAL IMPACT <br />This levy assessment has no direct impact on the General Fund. <br />The District’s finances are separate from the City’s General Fund and are included in the Lido Landscape <br />District Sub-Program of the Parks, Recreation and Community Services Budget. District properties fund <br />88 percent of the cost of maintaining District landscaping; the City funds the remaining 12 percent. The <br />City’s share of funding is included in the Parks, Recreation and Community Services Department’s <br />operating budget for FY 2026-27. The proposed total District budget for the fiscal year is $352,038; <br />$309,793 will be assessed to property owners in the District and $42,245 will be funded by the General <br />Fund. <br />ENVIRONMENTAL REVIEW <br />This action is categorically exempt from the California Environmental Quality Act (CEQA) under California <br />Code of Regulations, Title 14, Section 15301 (Class 1) because the assessments, if approved, will fund the <br />repair and maintenance of existing facilities. <br />PUBLIC NOTICE <br />Public notification was achieved by posting the agenda, with the agenda items being listed, at least 72 <br />hours prior to the meeting. <br />ALTERNATIVES <br />The City Council may choose not to approve this resolution and/or direct staff to pursue alternative <br />approaches to secure the required services. Alternatives include the following: <br />1. The City Council may choose to levy assessments and not supplement the District’s finances with City <br />funds. The assessment would continue to provide increased service levels to affected properties, but <br />not to the agreed to service level. By not supplementing the District’s budget, those funds become <br />available to other programs. This option contradicts the City’s commitment to provide a higher level <br />of service to the affected properties. <br />2. The City Council may choose to not levy assessments or provide supplemental funding to offset the <br />assessment amount. With this option, the District may have to reduce maintenance and operation of <br />the storm water retention system and landscaping along Seaport Boulevard. This option conflicts with <br />the City’s maintenance agreement with the District. <br />7.B. - Page 3 of 5 <br />17