K&G Public Finance provides Special Tax consulting services for the formation of Community Facilities Districts ("CFD"). A brief description of the services we provide include project management, preparation of budgets, special tax analysis, Rate and Method of Apportionment, boundary map, and CFD Report.

About Community Facilities Districts:
In 1982, the Mello-Roos Community Facilities Act of 1982 (Government Code Section 53311 et seq.) (“CFD”) was created to provide an alternate method of financing needed for public improvements and services.

The 1982 Act provides counties, cities, school districts, joint powers authority and other special districts authority to establish a CFD which can finance certain public improvements and services. Authorized improvements and services include but not limited to:

SERVICES

-Fire protection

-Ambulance Services

-Police Protection

-Park Maintenance

FACILITIES

-Streets, sewer systems

-Fire Structures

-Schools

-Parks

-Libraries

-Museums and other cultural facilities

Requires 2/3 voter approval

If less than 12 registered voters within CFD, landowner vote (one vote per acre or portion of an acre)

If 12 registered voters or more, registered voter vote (one vote per registered voter)

Constitutes Annual Tax Lien

CFD Report:

-Describes boundaries of District

-Describes authorized improvements/services and estimated costs

Rate and Method of Apportionment establishes tax rates/tax methodology

Can be very flexible

No special benefit requirement

Provides for exemptions

Allows provisions for prepayment

To review the Government Code Section 53311- et seq, the Mello-Roos Community Facilities Act of 1982, visit the Official California Legislative Information website and enter the Code Sections into the search box. Visit http://www.leginfo.ca.gov/calaw.html