San Mateo LAFCO reviews Broadmoor Police Protection District finances, hears public concerns over parcel tax accounting

San Mateo County Local Agency Formation Commission on July 16 accepted an information update on the Broadmoor Police Protection District (BPPD) that detailed improving revenue projections for FY 2025–26, outstanding audit work for FY 2023–24 and continuing disputes between the district and county offices over supplemental parcel-tax coding and collections.

The update, presented by LAFCO staff, said BPPD’s adopted budget projects a surplus of about $545,000 for the upcoming fiscal year. The district reported an estimated ending fund balance of about $1.2 million for FY 2023–24 and an estimated $2.3 million for FY 2024–25. Staff also reported projected revenue of roughly $3.8 million and projected expenses for FY 2025–26 of about $3.28 million. The staff memo said most revenue increases are tied to supplemental parcel-tax receipts and that the district projects $1.1 million from that source for FY 2025–26, up from roughly $780,000 the prior year.…