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Board adopts annual CFD levy resolution; staff says levy will not increase tax rates
Summary
The board adopted the district's annual resolution authorizing levies for listed Community Facilities Districts for the 2025-26 tax year and instructed staff to forward levy amounts to the County of Riverside; staff stated the action would not increase tax rates overall and the resolution passed unanimously.
The Moreno Valley Unified School District Board of Education approved its annual Community Facilities District levy resolution (referenced in the transcript as Resolution 2024-5105) by unanimous vote, authorizing staff to levy taxes for the listed CFDs and forward levy details to the County of Riverside for placement on 2025-26 property tax bills.
Susanna Lopez explained the levy is presented annually and that each CFD's levy mechanics differ: some use flat tax amounts while others allow adjustments up to the 2% statutory maximum. When asked about rate impacts, staff clarified this action would not increase the tax amount or the tax rate overall for the listed CFDs; the district will update the levy list if any new CFDs are approved during the year.
A trustee moved to approve the resolution as presented and the motion was seconded; the roll-call vote recorded five ayes and the motion carried 5-0. District staff will forward the levy report to the County of Riverside and the assessor's office to have levy amounts included on the 2025-26 property tax bills.
