Western Municipal Water District is the administrator for two Community Facilities Districts (CFDs). These CFDs were formed to finance the construction of certain water and wastewater infrastructures in Western’s Murrieta service area. The two CFDs are as follows:
Community Facilities District No. 88-1 (CFD 88-1)
Community Facilities District No. 99-1 (CFD 99-1)
Annual Special Tax Levies
Special taxes are levied and collected each year to pay the principal and interest obligations on the bonds, as well as administrative fees, of each of the CFDs. The special taxes are collected through the County of Riverside from property owners subject to the tax located within each of the CFD’s boundaries. The amounts collected each year are determined by a special tax formula in accordance with the Rate and Method of Apportionment for each of the CFDs.
The annual reports contain special tax, fund balance, debt service and levy information.