CITY COUNCIL REGULA MEETING AGENDA PACKET _Revised_ 6-2-26

City of Pleasanton LighƟng & Landscape Maintenance District No. 1994-1, Oak Tree Farm Engineer’s Report Page 8 The Oak Tree Farm LighƟng and Landscape Maintenance District No. 1994-1 purpose is to fund the maintenance of the exisƟng Oak Tree Farm subdivision open space areas, entry features, decoraƟve lighƟng, firebreaks, trees, shrubbery, groundcover and irrigaƟon systems. District 1994-1 is funded by the benefit assessment approved in 1994 ("Assessment"), and it does not receive any direct revenues from property taxes or any other funding sources. Based on research of the historical documents and in consultaƟon with their consultant, SCI ConsulƟng Group, and an aƩorney that specializes in assessment law, JarvisFay, the fiscal year 2025-26 assessments for District 1994-1 were restored to the amount approved by the formaƟon documents for the Oak Tree Farm LMD, as recorded with ResoluƟon 94-110, an amount of up to $1,000 with an inflaƟon escalator based on the Consumer Price Index for the year. Under ProposiƟon 218, a property owner vote is only required when these assessments are increased, and an assessment is not increased if it is set at an amount that is no more than the maximum amount iniƟally authorized when the assessment district was created. (Cal. Const. Art. XIII D, § 5(b); Gov. Code § 53750(h)(2)(B).) As a first step toward a more sustainable assessment level, assessments were restored last year, as approved by Resolu Ɵon 94-110 and implemented with ResoluƟon 98-076, to $617.41 per parcel per year. The formaƟon documents also authorize an annual escalator based on the Consumer Price Index up to the $1,000 maximum; however, in light of the recent decision in Thacker v. City of Fairfield, which has called into quesƟon the validity of applying formaƟon-era inflaƟon escalators, the City has elected not to apply the CPI escalator for fiscal year 2026-27. The assessment rate therefore remains at $617.41 per parcel. With a total of 42 parcels in the District (including one public parcel), fiscal year 2026-27 total assessment revenue will be $26,362. The fiscal year 2026-27 assessment rate for District 1994-1 is $617.41 per parcel per year (base rate), plus a County collecƟon fee of $10.50 per private parcel, for a total of $627.91 per private parcel. With a total of 42 parcels in the District, fiscal year 2026-27 total assessment revenue will be $26,362. Page 211 of 617