Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Feather River West authority adopts $2.33 million budget, sets FY25–26 assessment levy
Summary
The Feather River West Levy Financing Authority approved Resolution 2025-01 adopting a $2,325,499 operations budget for fiscal year 2025–26 and levying assessments of about $2.225 million, with revenue split between LD 1 and LD 9 and general-benefit costs covered by ad valorem taxes.
The Feather River West Levy Financing Authority on an affirmative voice vote adopted Resolution 2025-01 approving a fiscal year 2025–26 operations and maintenance budget of $2,325,499 and the associated assessment levy, as presented at the meeting in Sutter County.
The authority’s staff told board members the engineer’s report incorporates an escalator tied to the April-to-April Consumer Price Index; that index was 2.76 percent, yielding the $2,325,499 gross budget. After netting the portion of the budget determined to be general benefit and therefore not assessable against property owners, the levy available for collection was presented as roughly $2.225 million (as shown in the engineer’s report). Staff noted the increase is capped by the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
