Sacramento Municipal Code § 3.140.500 Surplus or deficit-Effect on next assessment

If there is a surplus or a deficit in the fund of the Franklin Villa assessment district at the end of any fiscal year, the surplus or deficit shall be carried forward to the next annual assessment to be levied within the Franklin Villa assessment district and applied as a credit or a debit, as the case may be, against such assessment. (Prior code § 86.09.900)

If there is a deficit in the fund of the Franklin Villa assessment district during any fiscal year, the city council, from any available and unencumbered funds of the city, may provide for:

A. A contribution to the fund;

B. A temporary advance to the fund and direct that the advance be repaid from the next annual assessments levied and collected within the Franklin Villa assessment district. (Prior code § 86.09.910)

The city council may accept contributions from any source toward payment of service costs. The city council, at any time either before or after the confirmation of the assessment, may provide for contributions towards payment of such costs from the funds of the city. All contributions shall be deposited in the fund of the Franklin Villa assessment district for which the contribution was provided. (Prior code § 86.09.920)

All contributions authorized prior to the confirmation of an assessment shall be deducted from the total costs to be assessed within the Franklin Villa assessment district. (Prior code § 86.09.930)