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Council notes CFD 1 annual report after debate over $200,000 San Jose payment
Summary
Councilors discussed the Community Facilities District (CFD 1) created after annexation of Campbell Village and a roughly $200,000 annual payment to San Jose that one member said provides no local services; the council voted to note and file the annual bond accountability report, with one dissenting vote recorded.
Council considered item 7.7, the annual bond accountability report for Community Facilities District (CFD) No. 1 for fiscal year 2024—25. One council member said CFD 1, created after the 2023 annexation of Campbell Village, appears on residents' tax bills but "does not provide any additional services to Campbell above anything else in Campbell," and that roughly $200,000 of…
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