How special assessments are set and charged each year

A. During the first assessment year, the special assessment shall be levied and apportioned pursuant to the rate and method specified in the ordinance establishing the district. Prior to the commencement of the second and each subsequent special assessment year, the district board shall prepare and submit a report to the council that shall include the anticipated surplus or deficit from the preceding special assessment year as well as the proposed new rate or method of special assessment for the next assessment year. The report shall be due by the date set in the ordinance establishing the district or, if the ordinance does not include such a date, the thirtieth day preceding the commencement of the next assessment year. 1. If the proposed total annual special assessment for a special assessment year does not exceed one hundred ten percent of the preceding special assessment year's total annual special assessment, the new rate based upon the method of special assessment specified in the ordinance establishing the district shall take effect upon the new special assessment year. 2. If the proposed total annual special assessment for a special assessment year exceeds one hundred ten percent of the preceding special assessment year's total annual special assessment, the district board may recommend to the council a change to the rate or method of apportionment of an existing special assessment for a district and the recommendation shall be accompanied by a justification and proposed ordinance of consideration. B. The district board shall: 1. Determine the annual amount due from each landowner subject to the special assessment; and 2. Adjust annual amounts due when required by the special assessment base or formula in the applicable ordinance establishing the district. C. Special assessments shall be levied only as long as needed to pay costs of supplemental services and improvements, debt service, and incidental expenses. ( Ord. No. 4382, § 1, 2016 )