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Page 3 of 4 <br />GHAD <br />Name <br />Number <br />of Parcels <br />(A) <br />Proposed <br />Annual <br />Assessment <br />(B) <br />Projected <br />Revenue <br />(C = A X B <br />+ interest) <br />Anticipated <br />Operational <br />Expenses <br />(D) <br />Deposit to <br />Fund <br />Reserve <br />(E = D – C) <br />Total <br />Current <br />Fund <br />Reserve <br />(F) <br />Laurel <br />Creek <br />121 $432 $65,272 $93,005 <$27,733> $1,080,483 <br />Moller <br />Ranch <br />100 $133 $15,000 $56,304 <$41,304> $121,749 <br />Lemoine <br />Ranch <br />12 $780 $10,760 $30,323 <$19,563> $99,361 <br />Oak Tree <br />Farm <br />42 $355 $15,910 $37,696 <$21,786> $117,057 <br />Totals $106,942 $217,328 <$110,386> $1,418,650 <br /> <br />CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) <br />Maintenance work within each GHAD is categorically exempt from CEQA under Guidelines <br />Section 15302, “Replacement or Reconstruction.” <br /> <br />EQUITY AND SUSTAINABILITY <br />Not applicable, as this item is a routine matter of City business. <br /> <br />OUTREACH <br />Notices will be sent to owners of real property within each GHAD informing them of the date <br />and time of the public hearing for the Board to hear any protests concerning the proposed <br />assessments. <br /> <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this action advances the Citywide ONE Pleasanton strategic plan goal of Funding <br />our Future to support financial health and sound fiscal policies through long-term planning, <br />cost recovery, increased revenue and cost containment. <br /> <br />FISCAL IMPACT <br />The GHAD Division is a Special Revenue Fund in the FY 2023/24 and FY 2024/25 Operating <br />Budget for Engineering/Public Works Department. The budget anticipated $88,929 in Total <br />Division Revenues and $195,557 in Total Division Expenditures. Special Revenue Funds <br />allocated to the GHAD Division can only be spent within the GHAD program, and specifically <br />within the individual GHAD where the assessments were collected (i.e., no commingling). The <br />increase in expenditure shown in the budget was due to a landslide that occurred within the <br />Laurel Creek GHAD where reserves will be used to fund a future repair. <br /> <br /> <br /> <br /> <br />Page 5 of 30