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Board approves special-tax levy for CFD No. 2002-1 (Fair Oaks)
Summary
The Sulphur Springs Union School District Board approved Resolution R-25-31 to levy special taxes for CFD No. 2002-1 (Fair Oaks), following a Wildan Financial presentation that recommended a 2% annual tax escalation. The motion passed 4-0 with Trustee Paola Jellings absent.
The Sulphur Springs Union School District Board voted to adopt Resolution R-25-31 authorizing the levy of special taxes for Community Facilities District No. 2002-1 (Fair Oaks). The fiscal-year 2025-26 levy was presented by Wildan Financial representatives and the Board approved the measure by voice vote (4-0; Trustee Paola Jellings absent).
Deputy Superintendent Joshua Randall introduced Wildan Financial's Josephine Moses and Aaryan Bhatt, who reviewed unit counts, bond history and delinquency rates and confirmed a recommended annual tax escalation of 2 percent. The motion to adopt R-25-31 was moved by Trustee Ken Chase and seconded by Trustee Lori MacDonald; President Denis DeFigueiredo recorded the ayes.
