BILL NUMBER: AB 1666 AMENDED
BILL TEXT
AMENDED IN ASSEMBLY APRIL 5, 2016
INTRODUCED BY Assembly Member Brough
( Coauthors: Assembly Members
Baker, Chang, Gallagher,
Cristina Garcia, Maienschein, Obernolte,
Wagner, and Wilk )
( Coauthors: Senators
Anderson, Bates, and Runner )
JANUARY 14, 2016
An act to add Section 53343.2 to the Government Code, relating to
local government.
LEGISLATIVE COUNSEL'S DIGEST
AB 1666, as amended, Brough. Community facilities districts:
reports.
The Mello-Roos Community Facilities Act of 1982 authorizes the
formation of a community facilities district to finance various
services. The act requires a community facilities district formed
after January 1, 1992, to prepare, if requested by a person who
resides in or owns property in the district and within 120 days after
the last day of each fiscal year, a separate document titled an
"Annual Report."
This bill would require the a
legislative body to post, that has a
n Internet Web site, within 120 days after the last
day of each fiscal year of the district, to display prominently
on its Internet Web site, site a copy of
that annual report, if requested, and other specific
information relating to bonded indebtedness incurred by the district,
projects funded by, or that may be funded by, the district, expenses
and costs of the district, and special taxes imposed by the
district, as specified. district. By increasing
the duties of local officials, this bill would impose a
state-mandated local program.
The California Constitution requires the state to reimburse local
agencies and school districts for certain costs mandated by the
state. Statutory provisions establish procedures for making that
reimbursement.
This bill would provide that no reimbursement is required by this
act for a specified reason.
Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: yes.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 53343.2 is added to the Government Code, to
read:
53343.2. On or before July 1 2017, and each year
thereafter, the legislative body shall post all of the following
information on its Internet Web site: A legislative
body that has an Internet Web site, within 120 days after the last
day of each fiscal year of the district, shall display prominently on
its Internet Web site all of the following information:
(a) A copy of any an audit report
created if requested pursuant to
Section 53343.1.
(b) The amount of debt incurred by the original issuance of bonded
indebtedness.
(c) The total amount of special taxes collected by the district.
(d) The amount of other moneys collected for the year and their
source, including interest earned.
(b) A copy of the report provided to the California Debt and
Investment Advisory Commission pursuant to Section 53359.5.
(c) A copy of the report provided to the Controller's office
pursuant to Section 12463.2.
(e)
(d) The amount of moneys expended for the year,
including a summary of the expenses that includes, but is not limited
to, the following:
(1) Facilities, including property.
(2) Services.
(3) The costs of bonded indebtedness.
(4) The costs of collecting the special tax under Section 53340.
(5) Other administrative and overhead costs.
(f)
(e) A list of projects currently being funded by the
district, and the amount the district has committed for each project.
The list shall include the name and location of each project.
(g)
(f) A list of the projects that may be funded by the
district but that have not yet commenced and any amount committed by
the district for those projects. The list shall include the name and
location of each project if it is known.
(h) For moneys expended for facilities, including property, an
identification of the categories of each type of facility funded with
amounts expended in each category, including the total percentage of
the cost of each type of facility that was funded with bond proceeds
or special taxes.
(i) For moneys expended for services, an identification of the
categories of each type of service funded with amounts expended in
each category, including the total percentage of the cost of each
type of service that was funded with bond proceeds or special taxes.
(j) For moneys expended for other administrative costs, an
identification of each of these costs.
(k)
(g) The total amount of special taxes collected in
excess of the amount needed to pay the bonded indebtedness, bad debt
contingencies, interest, and fees associated with the district, if
any.
(l)
(h) The date on which the bonded indebtedness will
mature.
(m) The date on which the imposition of any special tax will end,
if any is specified.
SEC. 2. No reimbursement is required by this act pursuant to
Section 6 of Article XIII B of the California Constitution because a
local agency or school district has the authority to levy service
charges, fees, or assessments sufficient to pay for the program or
level of service mandated by this act, within the meaning of Section
17556 of the Government Code.