FINANCIAL_SERVICESAPPROVED

Willows City Council Agenda 2026-05-26

Webb Municipal Finance Selected as CFD Tax Consultant

Not to exceed $40,000 for development of special tax structure and formation documents; ongoing CFD administration costs to be determined and paid annually from CFD special taxesCity of WillowsWEBB MUNICIPAL FINANCEMay 26, 2026

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Description

Willows contracted with Webb Municipal Finance to design the special tax structure and provide administration services for a proposed Mello-Roos Community Facilities District funding the Willows Police Department. The initial formation work is capped at $40,000, with long-term administration costs to be funded from CFD tax revenues.

Contract Details

Contract Amount

Not to exceed $40,000 for development of special tax structure and formation documents; ongoing CFD administration costs to be determined and paid annually from CFD special taxes

Vendor

WEBB MUNICIPAL FINANCE

Agency

City of Willows, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 26, 2026

Renewal Info

Initial not-to-exceed amount applies to formation tasks; CFD administration services extend for the life of the special tax and will be funded annually from CFD revenues, with specific renewal mechanics not detailed.