Willowcreek Landscaping CFD No. 98-04
On December 15, 1998, City Council approved formation of the Willowcreek Landscaping CFD. This CFD provides a funding mechanism to maintain landscaped and open space areas in the Willowcreek area. As residential subdivisions develop in the area they will have a funding mechanism in place to maintain the landscaped areas they will be adding to the district.
In 1998 the maximum tax rate was established at $75 per residential parcel per year with an annual escalation factor based on the Consumer Price Index, not to exceed 4%. The maximum annual special tax rate for FY 2004/05 is $84.57 per residential parcel.
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