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Consolidated Capital Assessment
District
Consolidated Capital Assessment District (previously referred to as Capital Assessment District #4 in Draft Engineer’s Report)
SAFCA dissolved the two existing capital assessment districts and consolidated them into a new capital assessment district in order to fairly apportion among benefiting property owners:
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The local share of costs for capital improvements to Sacramento area levees and Folsom Dam
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Debt service on bonds sold to pay for the North Area Local Project
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The cost of assuring levee integrity over the life of the project.
How is your assessment calculated?
The method used to apportion costs within the new assessment district will be in full compliance with Proposition 218 (Right to Vote on Taxes Act, 1996). The new district, called the Consolidated Capital Assessment District, would have a life of 30 years. It would be divided into eight benefit zones (see map), which would be assessed for the project features that specifically benefit each zone. Within each benefit zone, the costs would be distributed across the properties in proportion to the flood protection benefits (or avoided flood damages) provided by the new project features. Based on historic experience with flood damages, assessments will be proportional to:
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Depth of Flooding (0-5 feet, 5-10 feet, greater then 10 feet)
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Type of Land Use (Residential, Commercial-Industrial, Vacant or Agricultural)
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Parcel Acreage
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Building Square Footage
Click here to go to the Assessment Calculator
Additional information:
Engineer's Report (right click to download - large file)
SAFCA Newsletter - March 2007
SAFCA Newsletter - January 2007
SAFCA Newsletter - October 2006
If you have any questions, please contact us.
Click on map for larger version
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