City of Jurupa Valley
Fixed Charge Tax Enrollment
District Formation Assistance
District Administration Consulting
Multiple District Methodology
Producing the City’s First Developer Financing Mechanisms
With its mix of residential, rural farming and other agricultural activities, commercial, retail, and industrial areas, the City of Jurupa Valley needed assistance with developing financing mechanisms to support community services in areas with new development. Psomas partnered with the City to help create its first Community Facilities District (CFD) which made way for several more developments.
Psomas has been retained to provide formation services of new CFDs. Services provided include creation of the boundary map; development of Special Tax Methodology; creation of a Special Tax Analysis Pro Forma; notification of Special Tax Lien; creation of Resolutions; and participation in public hearings.