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Lodi staff says city must use CFDs, service districts to avoid annexation drain; council weighs tradeoffs
Summary
Council heard staff warn that a 2023 tax‑sharing agreement leaves the city with only 40% of property‑tax growth in annexation areas and recommended establishing community facilities districts (Mello‑Roos) and bond financing to pay for infrastructure and services in growth areas.
Staff told the council that annexation areas currently return only 40% of property‑tax growth to the city under a tax‑sharing agreement approved in 2023 and that the county receives the remaining 60%. James said that structure "hinders" the city’s ability to finance necessary infrastructure and recommended creating a service Community Facilities District (CFD) or…
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