Public Notice — Galt
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The California Statewide Communities Development Authority recorded special assessments on May 7, 2026 for Assessment District No. 26-01 (Elliott Ranch Unit 3) in Galt; bonds will be issued to represent unpaid assessments payable over up to 30 years with interest up to 12% annually.
Key Takeaways
- Assessments recorded May 7, 2026 for Elliott Ranch (Unit 3)
- Property owners waived 30-day cash payment right
- Unpaid assessments converted to bonds
- Bonds bear interest up to 12% per year
- Installments payable over up to 30 years
If you don't respond
If property owners do nothing, their unpaid assessments will be represented by bonds and become payable in installments with interest up to 12% per year; there is no longer a 30-day cash-payment option after recordation on May 7, 2026.
What to do next
- 1
Confirm whether your property is in the district
Check property records or contact the California Statewide Communities Development Authority to verify inclusion in Assessment District No. 26-01 (Elliott Ranch Unit 3).
- 2
Review your assessment amount and payment options
Obtain the recorded assessment details from the County Recorder or the Authority to see the amount, bond terms, and installment schedule.
- 3
Contact the Authority for questions
Reach out to the California Statewide Communities Development Authority (referencing IPL0341116) for clarification on bond issuance and payment timelines.
Frequently asked questions
- What property is affected by these assessments?
- Only properties in Assessment District No. 26-01 (Elliott Ranch Unit 3) whose owners voluntarily joined the program are affected.
- When were the assessments recorded?
- The assessments were recorded on May 7, 2026.
- Can owners still pay the assessment in cash within 30 days?
- No; the notice states owners waived the right to pay all or part in cash within 30 days after recordation.
- What happens to unpaid assessments?
- Unpaid assessments will be issued as bonds bearing up to 12% interest and paid in installments for up to 30 years.
The suggestions and answers above are AI-generated for general information only. They can be wrong, and we don't take responsibility for their accuracy. Talk to a qualified professional before acting on them.
Legal terms in this notice
- assessment
- A charge levied on property owners to fund local public improvements.
- assessment district
- A geographic area where property owners share the cost of improvements via assessments.
- bonds
- Debt securities issued to represent unpaid assessments, repaid with interest over time.
- Improvement Bond Act of 1915
- California law authorizing bonds to finance public improvements through assessments.
Full Notice Text
NOTICE OF ASSESSMENT CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY sTATEWIDE COMMUNITY INFRASTRUCTURE PROGRAM ASSESSMENT DISTRICT NO. 26-01 (ELLIOTT RANCH (UNIT 3)) CITY OF GALT, COUNTY OF SACRAMENTO On May 7, 2026, special assessments for the financing of public improvement districts in the California Statewide Communities Development Authority (the "Authority") Statewide Community Infrastructure Program Assessment District No. 26-01 (Elliott Ranch (Unit 3)) City of Galt, County of Sacramento (the "District"), were recorded in the office of the Superintendent of Streets of the Authority. The property owners within the District have waived their entitlement to pay all or any portion of the assessments levied upon their property in cash within thirty days after the recordation of the assessments in the office of the County Recorder of the County of Sacramento. These assessments affect only certain property, the owners of which have voluntarily participated in the Authority's Statewide Community Infrastructure Program. Bonds will be issued according to the Improvement Bond Act of 1915 representing unpaid assessments and bearing interest at a rate not to exceed 12% per year. Thereafter, unpaid assessments will be payable in installments of principal and interest over a period of not to exceed thirty (30) years. Dated: May 20, 2026 and May 27, 2026 KEVIN O'ROURKE, Secretary California Statewide Communities Development Authority IPL0341116 May 20,27 2026