California Moorpark Civic Plus #168

Moorpark seeks an EIFD feasibility analysis to evaluate funding for capital and infrastructure projects

The City of Moorpark is seeking a consultant to determine whether an Enhanced Infrastructure Financing District could help fund local capital and infrastructure needs. - Government buyer: City of Moorpark, Ventura County, California; buyer contact is P.J. Gagajena, City Manager. - OEMs and vendors: No OEMs or consulting firms are named in the opportunity. - Requested service: One Enhanced Infrastructure Financing District (EIFD) feasibility analysis. - Evaluate potential district boundaries and document assessed-value, property-tax, and land-use baselines. - Project incremental property-tax and, where applicable, property tax in lieu of vehicle license fees under low, moderate, and high growth scenarios for up to 45 years. - Inventory and prioritize eligible capital and infrastructure projects, including costs and phasing. The City has identified more than $100 million in capital improvement funding needs. - Assess pay-as-you-go financing, bonding capacity, and other financing options; evaluate potential participation by Ventura County, special districts, and other taxing entities. - Analyze General Fund impacts and relevant legal, procedural, and policy considerations. - Provide a feasibility recommendation and formation roadmap, supported by an executive summary, presentations, and maps. - Notable qualifications: The consultant should demonstrate EIFD feasibility-analysis experience and experience with at least three successful EIFD formations. - Performance period: No fixed duration or end date is specified. The agreement is expected to run from execution through completion of the work.

Description

The City of Moorpark is seeking qualifications and proposals from experienced firms to conduct a feasibility analysis for establishing an Enhanced Infrastructure Financing District (EIFD). The analysis will assess whether property tax increment revenue could help fund capital and infrastructure improvement projects. Work includes evaluating potential district boundaries, projecting revenue, prioritizing eligible projects, assessing financing capacity and fiscal impacts, and developing recommendations and an implementation roadmap. Proposals are due October 30, 2026, at 5:00 PM.

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