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Council hears public hearing, keeps Valencia PID assessment rate at $0.18 per $100 valuation
Summary
After a brief staff summary and no public comment, the council approved maintaining the Valencia Public Improvement District assessment rate at $0.18 per $100 valuation for calendar year 2025.
At a public hearing on Sept. 9, the council considered the assessment rate for the Valencia Public Improvement District. Brianna Brown, the city’s business development director, apologized for a prior public‑posting error and summarized that Valencia had not requested a change to its assessment rate. Brown said the 2024 assessment rate was $0.18 per $100 valuation and staff recommended keeping that rate for calendar year 2025. No members of the public spoke during the hearing. Council approved the recommended assessment rate by unanimous voice vote.
