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<br />FISCAL IMPACT <br /> <br />Funding of these GHADs will have a minimal financial effect on the City. Because of <br />Proposition 218, the City now pays a share of the Oak Tree Farm assessment ($239), a share <br />of the Moller Ranch assessment ($91), and two shares of the Laurel Creek Estates assessment <br />($628 annually). Staff's cost to administer these Districts will continue to be funded by the <br />assessments. <br /> <br />Respectfully submitted, <br /> <br />1<:<.w~ <br />Rob Wilson <br />Director of Public Works <br /> <br /> <br />.~~. <br />David P. ulver <br />Director of Finance <br /> <br /> <br />Nelson Fialho <br />City Manager <br /> <br />Attachments (4 each of): Resolution <br />Report by General Manager <br />Projected Budget <br />Vicinity Map <br />Assessment Formula Statement <br /> <br />SR:06: 189 <br />Page 9 of37 <br />