SPECIAL FUNDS
CAPITAL PROJECT FUNDS
Fund 204: CFD 2013-3 GREAT PARK The Great Park Community Facilities District (CFD) covers over 3,100 acres of land and is located in the northeastern portion of the City, south of Highway 133 and east of Interstate 5. This fund provides for the construction of joint backbone infrastructure and facilities serving both the Great Park Neighborhoods development and the Great Park. The developer is responsible for the construction of backbone infrastructure, while the City provides the inspection, project review and reimbursement functions. Beginning in 2022, the City will assume the development responsibilities for several elements of the Great Park. Three series of bonds have been issued with aggregate improvement proceeds of $284.8 million. In FY 2022-23, a fourth phase of bond issue is anticipated with improvement proceeds of approximately $425 million.
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FY 2023-25 Adopted Budget
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