City of Sacramento Municipal Finance Services

Harris has provided a diverse array of financial engineering services to the City of Sacramento since 2001. Most recently, Harris was involved in the North Natomas Finance Plan Update, the Railyards Finance Plan Update, the Jacinto Creek Finance Plan Update, the annual administration of the City’s special tax districts, re-engineering of an assessment district, and several reimbursement audits. Additional key projects for the City include:

• College Square Community Facilities District No. 2005-1
• Reassessment District II No. 2006-01 (Willowcreek II AD No. 96-01 and North Natomas AD No. 88-03)
• North Natomas Reimbursement Audits
• River Districts Development Area
• North Natomas Development Area
• Downtown/Riverfront Street Car Assessment District Feasibility Study
• Railyards Finance Plan Update
• Old Sacramento Maintenance Assessment District

Core Elements

Harris’ services have included:

• Analyzing assessment methodology and rates and providing restructuring options
• Preparing the annual tax levy for the City’s CFD’s
• Formation of Community Facilities Districts
• Analyzing reimbursement requests submitted by developers
• Preparing updated costs estimates in support of finance plan updates
• Updating development impact fees and Nexus Studies
• Meeting with and presenting to developers and the public