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District approves special-tax levy for CFD No. 2019-1 (Skyline Ranch)
Summary
Resolution R-25-34 authorizing a special-tax levy for CFD No. 2019-1 (Skyline Sulphur Springs Union Ranch) was adopted 4-0 (Jellings absent) after the Wildan Financial presentation recommending a 2% escalation.
The Board adopted Resolution R-25-34 to authorize the levy of special taxes for Community Facilities District No. 2019-1 (Skyline Sulphur Springs Union Ranch). The motion (moved by Ken Chase, seconded by Shelley Weinstein) passed by voice vote, 4-0, with Trustee Paola Jellings absent.
District staff and Wildan Financial presented the levy analysis, noting unit counts, bond history and delinquency statistics; the presenter confirmed a 2% annual tax escalation to be applied to the CFDs in the district.
