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•Assessment revenue is the primary source of District revenue. <br />•All property owners in the District are assessed, including public and non-profit agencies, with the exception of single family residences. <br />•Assessments are calculated the physical measurements of the property not by property value. <br />•Annual increases are currently capped at 3%, which is challenging when the annual CPI is 5+%. <br />2022 <br />A YEAR OF IMPLEMENTATION