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Kingsburg approves 2017 community facilities district levy, council debates fund balance for Summerlin zone
Summary
Council authorized the 2017 Community Facilities District (CFD) special tax levy for 2025–26 and authorized the city manager to execute an intent-to-levy letter. Discussion addressed differing fund balances between CFD zones, with the Summerlin zone holding roughly $500,000.
Kingsburg — The Kingsburg City Council on June 18 adopted a resolution authorizing the levy of a special tax for Community Facilities District (CFD) No. 2017-1 for fiscal year 2025–26 and authorized the city manager to execute an intent-to-levy letter for county tax collection.
City Manager Alex Henderson summarized the CFD background, noting City Council formed CFD No. 2017-1 on June 7, 2017 to finance public services under the Mello-Roos Community…
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