Grand Jury Finds Conflict Of Interest Between Parker And EDHCSD

EL DORADO HILLS CSD & PARKER INVESTIGATED BY GRAND JURY

Financial practices and developer influence brought to light.

• April 2024 Grand Jury case #24-05: Investigation into conflict of interest between Parker + EDH-CSD.

• The El Dorado County Grand Jury's April 2024 report found that the El Dorado Hills Community Services District (EDHCSD) has a close relationship with Parker Development Company, the largest developer in El Dorado Hills.

• The report also found that the CSD has made favorable financial deals with Parker.

• Page 28: Parker (Serrano) only pays approximately 53% of the impact fees that other developers pay (see below). We did not uncover a justification for this favorable rate. It follows a troubling pattern of arrangements that seem to benefit Parker over the public for many years. It is concerning enough that the Grand Jury would encourage further investigation soon into these matters.

  • These findings correspond with the County's own Chief Accounting Officer, Joe Harn, who warns in an email to the Commissioners: "I recommend that these proposed specific plans be conditioned to require precise road improvements be funded and constructed by these two applicants based on certain milestones and in some cases prior to the issuance of the first building permit. Further, I recommend that serious consideration be given to a joint traffic circulation study that includes these two projects, along with the proposed Town and Country Village project."

SHORTAGE AT CAMERON PARK CSD

Increased service demand without an increase in tax revenue.

• This is a 50% housing increase on the Cameron Park CSDs border.

• The two MASSIVE developments are closer to Cameron Park CSD than to the El Dorado Hills CSD.

• Cameron Park CSD services will be depleted.

  • Service demand will increase but without a tax revenue increase since VMV & LRV are in El Dorado Hills - thus creating a shortage in services for local taxpayers.

• The County should require an independent review to mitigate fiscal/services impact.

With tax funds from these two massive developments going to EDHCSD, this raises concerns for public trust and Cameron Park CSDs ability to serve its community. Will there be more favorable financial deals with Parker?

Read the full Grand Jury Report

(April 5, 2024)

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