Title
Fiscal Year (FY) 2025/26 Annual Report for the Aggie Square Enhanced Infrastructure Financing District and Adoption of the FY2026/27 Budget [Noticed 07/24/2026]
End
FileID
File ID: 2026-01372
End
Location
Location: District 5, District 6
End
Recommendation
Recommendation: Conduct a public hearing and upon conclusion, pass a Motion: 1) adopting the FY2025/26 Annual Report for the Aggie Square Enhanced Infrastructure Financing District (EIFD); and 2) adopting the FY2026/27 revenue and expense budget.
End
Contact
Contact: Sini Makasini, Senior Development Project Manager, (916) 808-7967, smakasini@cityofsacramento.org; Eric Frederick, Special Districts Manager, (916) 808-5129, efrederick@cityofsacramento.org; Department of Finance
End
Presenter
Presenter: Sini Makasini, Senior Development Project Manager, (916) 808-7967, smakasini@cityofsacramento.org, Department of Finance; Monique Brown, Community Director, Wexford Connect Labs, (925) 323-9351, monique.brown@wefordconnectlabs.com
End
Attachments
Attachments:
1-Description/Analysis
2-Annual Report FY2025/26
3-Slide Presentation
End
Description/Analysis
IssueDetail
Issue Detail: On April 13, 2021, the Aggie Square EIFD Public Financing Authority (PFA) established the Aggie Square EIFD near the University of California Davis Sacramento Campus along the Stockton Blvd. corridor (Resolution No. 2021-0002). The EIFD was formed in accordance with Chapter 2.99 of Part 1 of Division 2 of Title 5 of the California Government Code (commencing with Section 53398.50) (EIFD Law) for the purpose of financing certain public infrastructure improvements in support of a new mixed-use innovation and research center.
Annual Report: Section 53398.66(j)(2) of the EIFD Law requires that the PFA adopt an annual report within seven months of the close of each fiscal after holding a public hearing. The Aggie Square EIFD Annual Report for the Year Ending June 30, 2026 (Annual Report) contains all ...
Click here for full text