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within the GHAD, including the city owned water reservoir site, this year's projected
<br /> revenue will be $14,100. The anticipated operational expenses this year will total
<br /> $10,554, leaving $3,546 to be deposited into the fund reserve.
<br /> As of May 1, 2021, the Moller Ranch CHAD has a fund reserve balance of $148,299.
<br /> This reserve is for the repair of landslides, hillside slopes and drainage facilities, as may
<br /> be necessary in the future, based on estimate of significant earth movement events
<br /> discussed in the original Plan of Control for this CHAD. These reserves can also be
<br /> used for the eventual replacement of infrastructure. Should a significant event occur,
<br /> this reserve amount is likely inadequate to cover the cost of needed repairs.
<br /> Lemoine Ranch Estates
<br /> The Engineer's Report for the Lemoine Ranch Estates CHAD concludes that funding is
<br /> needed for the following special services for properties within this CHAD in the coming
<br /> year: repair hillside erosion, mitigate wildlife burrowing activity, clean debris from
<br /> drainage ditches and inlets, remove stockpiled soil, inspect site, prepare the Engineer's
<br /> Report, and manage City administrative costs. This year, staff recommends increasing
<br /> the annual parcel assessment by two percent, to $735. With 12 properties within the
<br /> GHAD, this year's projected revenue will be $10,220. The anticipated operational
<br /> expenses this year will total $7,253, leaving $2,767 to be deposited into the fund
<br /> reserve.
<br /> As of May 1, 2021, the Lemoine Ranch Estates CHAD has a fund reserve balance of
<br /> $108,561. This reserve is for the repair of landslides, hillside slopes and drainage
<br /> facilities, as may be necessary in the future, based on estimates of significant earth
<br /> movement events discussed in the original Plan of Control for this CHAD. These
<br /> reserves can also be used for the eventual replacement of infrastructure. Should a
<br /> significant event occur, this reserve amount is likely inadequate to cover the cost of
<br /> needed repairs.
<br /> Oak Tree Farm
<br /> The Engineer's Report for the Oak Tree Farm CHAD has been prepared and concludes
<br /> that funding is needed for the following ongoing special services for properties within
<br /> this CHAD in the coming year: trim vegetation, clean debris from drainage ditches and
<br /> inlets, repair gully at driveway, inspect site, prepare the Engineer's Report, and manage
<br /> City administrative costs. This year, staff recommends increasing the annual parcel
<br /> assessment by the allowed two percent to $335. With 42 properties within the CHAD,
<br /> including the city-owned sanitary sewer pump station, this year's projected revenue will
<br /> be $15,070. The anticipated operational expenses this year will total $11,672, leaving
<br /> $3,398 to be deposited into the fund reserve.
<br /> As of May 1, 2021, the Oak Tree Farm CHAD has a fund reserve of$121,724. This
<br /> reserve is to be used to pay for landslide repair work, which the original Plan of Control
<br /> estimated would be needed approximately every ten years. This reserve is slowly being
<br /> replenished as over the last several years the majority of the reserve funds were used
<br /> to complete erosion repairs along the fire trail within the covered area. Should a
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