IWDD IMPACT STATEMENT FINAL REV1.PDF
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SPECIAL TAXING DISTRICT IMPACT STATEMENT TO ORGANIZE DISTRICT Proposed Rancho Del Monte Irrigation Water Delivery District Pursuant to the provisions of A.R.S. § 48-261 and § 48-263 the undersigned submit the following as an Impact Statement for the proposed Rancho Del Monte Irrigation Water Delivery District. A. LEGAL DESCRIPTION OF BOUNDARIES OF PROPOSED DISTRICT: Attached to this statement as Exhibit A is a legal description of the boundaries for the property to be included in the proposed district. Also attached to this statement as Exhibit B is a detailed accurate map of the area to be included in the proposed district. An estimate of the acreage to be included in the district is 37.924. The total length of the private system is 9750 ft. The most distant parcel is 3625 ft. from the SRP water source. B. ESTIMATED ASSESSED VALUATION IN PROPOSED DISTRICT: The estimated 2015 assessed valuation for the area within the boundaries of the proposed district is $3,283,500. C. ESTIMATED CHANGE IN TAX RATE IF THE DISTRICT IS FORMED: The estimated change in the tax rate of the district, if the district is formed, is $174.36 per acre. This tax estimate is based on an annual proposed budget of $6612.50 which includes a 15% anticipated delinquency rate, pursuant to A.R.S. § 48-3473B, leaving an operation and maintenance budget of $5750. D. PROPERTY TAX LIABILTTY: As a result of the proposed district, the change in the property tax liability of a typical resident is as follows: A typical resident in this district with a .354 acre lot at the proposed tax rate of $174.36 per acre would have an estimated property tax liability of $61.72 per year as a result of the creation of the proposed district. E. BENEFITS TO BE DERIVED FROM THE PROPOSED DISTRICT: A list and explanation of benefits that will result from the proposed district: System Maintenance: A water district is a legally-tested structure that will ensure a well maintained system for the long-term future of Rancho Del Monte Irrigation Water Delivery District system. Consistent Revenue: A water district will insure consistent monies are available for the rapid repair and maintenance of the irrigation delivery system. Improved Irrigation System and Service: Everyone will share equally in the maintenance and distribution of water. Everyone will contribute and everyone will profit by the formation of the water district. Open Business: A water district insures open conduct of business by the Board of Trustees. F. INJURIES RESULTING FROM THE PROPOSED DISTRICT: A list and explanation of the injuries that will result from the proposed district: A nominal increase in annual property tax of approximately $174.36 per acre resulting in an average increase of $61.72 per year for a .354 acre lot. G. PROPOSED MEMBERS OF THE ORGANIZING BOARD: 1 Linda Phillips 3718 E Meadowbrook Ave Phoenix, AZ 85108 602 957-9407 Retired Microbiologist Margaret Solares 3740 E Meadowbrook Ave Phoenix, AZ 85018 602 956-0895 Retired Small Business Owner 3. John Curtis 3810 E Hazelwood St Phoenix, AZ 85018 602 840-5420 Attorney H. SCOPE OF SERVICES: The proposed District will develop a plan to repair existing problems in the irrigation system as funds become available. This system has been maintained and repairs made on a timely basis; there are no known problems to be addressed. The proposed district will arrange for routine maintenance to be performed on the existing irrigation system to minimize future breakdowns. The proposed District will determine the necessity of future replacement of the existing irrigation system components due to irreparable portions within the existing system, and based upon available funding. The anticipated capital expenditure for irrigation system components is $5750 per year. Currently, the proposed district does not anticipate increasing any administrative personnel or enhancement of services. Dated this first day of September, 2015 inda Phillips 9 - /- Marg