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Council adopts updated maintenance cost schedule for Community Facilities Districts
Summary
The City Council adopted a resolution updating the master schedule of maintenance costs and charges for the city’s maintenance Community Facilities Districts (CFDs), intended to restore full cost recovery and avoid relying on the general fund.
The Roseville City Council on April 16 approved a resolution adopting an updated schedule of maintenance costs and charges for the city’s Community Facilities Districts (CFDs), the finance director said.
Finance Director Scott Pettingill told the council the master schedule is the city’s uniform system for establishing annual maintenance costs for service CFDs—districts that fund ongoing…
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