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HomeMy WebLinkAboutAGENDA REPORT 1999 1201 CC REG ITEM 10B-1 12 ITEM 13 . CITY OF MOORPARK, CALTFORNTA City Counci) Meeting of �) r,hyher I,/ M _- f CITY OF MOORPARK CITY COUNCIL AGENDA REPORT TO: The Honorable City Council FROM: Graham Mitchell, Senior Management Analyst (L�)�ti1 DATE: November 17, 1999 (CC Meeting of 12/1/99) SUBJECT: Consider the Report Entitled "Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 1998/1999" and Receive and File Said Report. Background Section 66006 of the California Government Code (Code) requires local agencies to make available to the public information regarding development- related fees exacted by the City. This information is to be contained in a report made available for public review within at least 180 days after the end of the City's fiscal year. Discussion Section 66006 of the Code requires the City to prepare a report that addresses eight (8) elements for each fund holding development - related fees. Staff has compiled the required information for each of the funds in a report entitled "Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 1998/1999." The report relates to transactions made during Fiscal Year 1998/1999 that concluded on June 30, 1999. As required by the Code, this report has been made available to the public at the front counter of City Hall. 0002'1 4 The Honorable City Council November 17, 1999 Page 2 Staff Recommendation That the City Council consider the report entitled "Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 1998/1999" and receive and file said report. Attachment: "Accounting of Fund Information as Required by Section 66006 of the California Code for Fiscal Year 1998/1999" ®0021 City of Moorpark, California Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 1998/1999 Scheduled for Public Review at the City Council Meeting of December 1, 1999 Made Available to the Public by: November 23, 1999 000216 Overview In compliance with Sections 66000 - 66006 of the California Government Code (Code), the City of Moorpark is required to provide a separate accounting for funds from which revenues are derived from developer fees and the proceeds of such fees are used to provide public facilities. The Code provides the following definitions: Fee: "... a monetary exaction other than a tax or special assessment, whether established for a broad class of projects by legislation of general applicability or imposed on a specific project on an ad hoc basis, that is charged by a local agency to the applicant in connection with approval of a development project for the purpose of defraying all or a portion of the cost of public facilities related to the development project." Public Facilities: ". . . includes public improvements, public services and community amenities." Also, the Code requires the following information be reported for each fund holding such fees: (1) A brief description of the type of fee in the account or fund; (2) The amount of the fee; (3) The beginning balance and ending balance of the account or fund; (4) The amount of the fees collected and the interest earned; (5) An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement, including the total percentage of the cost of the public improvement that was funded with fees; (6) An identification of an approximate date by which the construction of the public improvement will commence of the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement and the public improvement remains incomplete; (7) A description of each interfund transfer or loan made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan; and, (8) The amount of refunds made pursuant to subdivision (e) of Section 66001 of the Code and any allocations pursuant to subdivision (f) of Section 66001 of the Code. The following pages provide the information required by the Code for each fund which holds developer fees which defray all or a portion of the cost of public facilities related to development projects. Additional information, as required by Section 66000 (d) is also contained in the report. 00021'f Fund 201 — Traffic Systems Management Fund This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1998/99. 000216 Item Description Response (1) A brief description of the type of fee in the Fees based on the air quality impacts of development account or fund with the pupose of mitigating these impacts by funding programs or projects that reduce emissions. (2) The amount of the fee The fee is calculated based on the Ventura County Air Pollution Control District's guidelines. (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ 1,178,178 account or fund Ending Balance (06/30/99): $ 1,215,057 (4) The amount of the fees collected and the Amount of Fees Collected: $ 24,916 interest earned Interest Earned: $ 48,095 (5) An identification of each public improvement Arroyo Vista Bike Path ((8003): $ 896 on which fees were expended and the amount TOTAL COST OF PROJECT: $ 1,791 of the expenditures on each improvement in % of project funded by fees: 50% FY 98/99, including the total percentage of the cost of the public improvement that was Citywide Traffic Planning $ 603 funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or Interfund Transfers: loan made from the account or fund, including Gas Tax Audit Correction: $ 34,633 the public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate Interfund Loans: $ of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: Anticipated additional revenue source(s) and date(s) of fee deposit(s): Pending approval of development projects as identified by Community Development's "Residential, Commercial and Industrial Quarterly Status Report." This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1998/99. 000216 Fund 202 — Citywide Traffic Mitigation Fund 000211-11 Item Description Response (1) A brief description of the type of fee in the Fees to fund mitigation measures for increased traffic account or fund flows generated by developments within the City. III (2) The amount of the fee Negotiated with developers based upon the estimated impact of development on traffic flow within the City. (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ 1,077,750 account or fund Ending Balance (06/30/99): $ 1,220,026 (4) The amount of the fees collected and the Amount of Fees Collected: $ 107,839 interest earned Interest Earned: $ 52,059 (5) An identification of each public improvement on Citywide Traffic Planning $ 10,068 which fees were expended and the amount of the expenditures on each improvement in FY 98/99, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the Gas Tax Audit Correction: $ 7,554 public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan Interfund Loans: $ - will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: Anticipated additional revenue source(s) and date(s) of fee deposit(s): Pending approval of development projects as identified by Community Development's "Residential, Commercial and Industrial Quarterly Status Report." 000211-11 Fund 205 — Crossing Guard Fund 0002'- 0 Item Description Response (1) A brief description of the type of fee in the Fees for the provision of increased crossing guards at account or fund specific locations as a result of additional residential development. (2) The amount of the fee Negotiated with developers in areas where development would impact pedestrian routes to and from schools within the City. (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ 114,386 account or fund Ending Balance (06/30/99): $ 109,048 (4) The amount of the fees collected and the Amount of Fees Collected: $ 446 interest earned Interest Earned: $ 5,036 (5) An identification of each public improvement on Crossing Guard Expenses: $ 10,820 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 43,324 the expenditures on each improvement in FY % of project funded by fees: 25% 98/99, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: $ - made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in the case Interfund Loans: $ of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: Anticipated additional revenue source(s) and date(s) of fee deposit(s): Pending approval of development projects as identified by Community Development's "Residential, Commercial and Industrial Quarterly Status Report." 0002'- 0 Fund 211.900 — Tierra Rejada Road /Spring Road Area of Contribution Fund * This is a project that has been or will be funded for more than one (1) year. The total cost of tt62 i identified represents the expenditure in Fiscal Year 1998/99. Item Description Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific account or fund project areas (see Appendix A) to fund infrastructure enhancements as a result of additional development. (2) The amount of the fee $ 3,553 /residential unit $19,892 /commercial acre (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ 1,023,849 account or fund Ending Balance (06/30/99): $ 440,160 (4) The amount of the fees collected and the Amount of Fees Collected: $ 28,320 interest earned Interest Earned: $ 77,731 (5) An identification of each public improvement on AV Pedestrian Bridge (8002): $ 23,633 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 70,850 * the expenditures on each improvement in FY % of project funded by fees: 33% 98/99, including the total percentage of the cost Spring Road Bridge (8017): $ 559,760 of the public improvement that was funded with TOTAL COST OF PROJECT: $ 580,447 * fees % of project funded by fees: 96% Peach Hill Rd. Widening (8030): $ 83,250 TOTAL COST OF PROJECT: $ 83,250 * % of project funded by fees: 100% Spring Rd. n/o L.A. Ave. (8063): $ 140 TOTAL COST OF PROJECT: $ 140 * % of project funded by fees: 100% General AOC legal services $ 252 General contractural services $ 1,950 Pentamation software $ 6,220 Computer Equipment $ 1,000 (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the Gas Tax Audit Correction: $ 13,535 public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan Interfund Loans: $ - (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: Anticipated additional revenue source(s) and date(s) of fee deposit(s): Pending approval of applicable development projects as identified by Community Development's "Residential, Commercial and Industrial Quarterly Status Report." * This is a project that has been or will be funded for more than one (1) year. The total cost of tt62 i identified represents the expenditure in Fiscal Year 1998/99. Fund 211.901 — Los Angeles Avenue Area of Contribution Fund 000222 Item Description Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific account or fund project areas (see Appendix A) to fund infrastructure enhancements as a result of additional development. (2) The amount of the fee $ 2,772 /residential unit $15,519 /commercial acre (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ 7,841,057 account or fund Ending Balance (06/30/99): $ 8,005,232 (4) The amount of the fees collected and the Amount of Fees Collected: $ 34,692 interest earned Interest Earned: $ 299,079 (5) An identification of each public improvement on AV Pedestrian Bridge (8002): $ 47,215 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 70,850 the expenditures on each improvement in FY % of project funded by fees: 67% 98/99, including the total percentage of the cost of the public improvement that was funded with E. L.A. Ave. Widening (8008): $ 22,400 fees TOTAL COST OF PROJECT: $ 22,400 % of project funded by fees: 100% New L.A. Ave. Widening (8009): $ 1,735 TOTAL COST OF PROJECT: $ 1,735 % of project funded by fees: 100% New L.A. Ave. Bridge (8012): $ 15,855 TOTAL COST OF PROJECT: $ 15,855 % of project funded by fees: 100% L.A. Ave. /Maureen Ln. (8050): $ 6,768 TOTAL COST OF PROJECT: $ 6,768 % of project funded by fees: 100% L.A. Ave. Signal Interconn (8051): $ 1,816 TOTAL COST OF PROJECT: $ 1,816 % of project funded by fees: 100% General AOC legal services $ 1,251 Pentamation software $ 6,220 Computer Equipment $ 1,000 (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete 000222 Fund 211.901 — Los Angeles Avenue Area of Contribution Fund continued Item Description I Response (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the Gas Tax Audit Correction: $ 44,649 public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan Interfund Loans: will be repaid, and the rate of interest that the Loan to Spring Road/Tierra Rejada account or fund will receive on the loan AOC for Spring Road Bridge (8017): $ 20,687 AD 92 -1 Assessment Advances: $ 929,431 See notes below for information regarding the loan and advances. (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments Date of Repayment: Not Specified Interest Rate of Loan: 0.00% The Assessment Advances were made to certain property owners within the AD from the LA Ave. AOC. These sums accrue interest at the Local Agency Investment Fund rate and are payable upon issuance of a building permit of $1,000 or the expiration of 30 years from the date of the note (Notes were issued in 1993), whichever occurs first. Anticipated additional revenue source(s) and date(s) of fee deposit(s): Pending approval of applicable development projects as identified by Community Development's "Residential, Commercial and Industrial Quarterly Status Report." * This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1998/99. 00022a Fund 211.902 — Casey Road /Gabbert Road Area of Contribution Fund * City advanced Casey Road /Gabbert Road AOC funds for this project that had not been reimbursed by the end of Fiscal Year 1998/99. `* This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1998/99. G®0212�4 Item Description Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific account or fund project areas (see Appendix A) to fund infrastructure enhancements as a result of additional development. (2) The amount of the fee $ 1,560 /residential unit $ 4,940 /commercial acre (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ 49,664 account or fund Ending Balance (06/30/99): $ (38,323) (4) The amount of the fees collected and the MUSD Construction Contribution: $ 104,522 interest earned Sale of Plans: $ 1,272 Interest Earned: $ 1,392 (5) An identification of each public improvement on Casey Road Improvements (8060): $ 195,173 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 195,173 ** the expenditures on each improvement in FY % of project funded by fees: 100% 98/99, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in the case Intefnund Loans: $ of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: Anticipated additional revenue source(s) and date(s) of fee deposit(s): Pending approval of applicable development projects as identified by Community Development's "Residential, Commercial and Industrial Quarterly Status Report." * City advanced Casey Road /Gabbert Road AOC funds for this project that had not been reimbursed by the end of Fiscal Year 1998/99. `* This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1998/99. G®0212�4 Fund 212 — Park Improvement Fund Item Description Response (1) A brief description of the type of fee in the Quimby fees (Developer payments in lieu of account or fund dedicating park land), fees on commercial, industrial, and multi - family developments, donations to the City, or revenue received from lease or sale of park land to be used for the construction of park facilities as a result of increased demand for parks resulting from new development. (2) The amount of the fee Park in lieu fee: A formula based on a dwelling unit factor (currently 3.22), the parkland dedication requirement (currently 5 acres /1,000 persons) and the fair market value per acre (varies per development) (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ 658,081 account or fund Ending Balance (06130/99): $ 360,360 (4) The amount of the fees collected and the Amount of Fees Collected: $ 43,177 interest earned Interest Earned: $ 28,681 Rents /Concessions: $ 33,338 School District: $ 104,214 Interfund Transfers: $ 235,713 Miscellaneous: $ 750 (5) An identification of each public improvement on AVCP Tennis Courts (1026): $ 398,230 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 398,230 the expenditures on each improvement in FY % of project funded by fees: 100% 98/99, including the total percentage of the cost of the public improvement that was funded with AVCP Phase II (1027): $ 14,200 fees TOTAL COST OF PROJECT: $ 14,200 % of project funded by fees: 100% AVCP Softball Field Impr. (1056): $ 11,422 TOTAL COST OF PROJECT: $ 11,422 % of project funded by fees: 100% Construct Access Road (7218): $ 896 TOTAL COST OF PROJECT: $ 896 % of project funded by fees: 100% Construct Fence (1028) $ 2,940 TOTAL COST OF PROJECT: $ 2,940 % of project funded by fees: 100% Poindexter Park Gazebo (1045): $ 2,578 TOTAL COST OF PROJECT: $ 2,578 % of project funded by fees: 100% Griffin Park Tables (1044): $ 4,782 TOTAL COST OF PROJECT: $ 4,782 % of project funded by fees: 100% 0002 ,2:i Fund 212 — Park Improvement Fund (continued) 0 002�G Country Trail Play Lot (1041): $ 16,543 TOTAL COST OF PROJECT: $ 16,543 % of project funded by fees: 100% Glenwood Play Equip. (1023): $ 39,990 TOTAL COST OF PROJECT: $ 39,990 % of project funded by fees: 100% Griffin Park Play Lot (1042): $ 16,030 TOTAL COST OF PROJECT: $ 16,030 % of project funded by fees: 100% (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan Interfund Loans: $ - (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: Anticipated additional revenue source(s) and date(s) of fee deposit(s): Pending approval of applicable development projects as identified by Community Development's "Residential, Commercial and 0 002�G Fund 212.750 - Tree & Landscaping Fund 0002,27 Item Description Response (1) A brief description of the type of fee in the Fees to provide landscaping and trees in public areas account or fund resulting from the increase in demand from additional development. (2) The amount of the fee $0.05 /commercial and industrial square foot (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ 81,007 account or fund Ending Balance (06/30/99): $ 91,607 (4) The amount of the fees collected and the Amount of Fees Collected: $ 6,671 interest earned Interest Earned: $ 3,929 (5) An identification of each public improvement on No fees expended during FY 98199. which fees were expended and the amount of the expenditures on each improvement in FY 98/99, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: $ - made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan Interfund Loans: $ - (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: Anticipated additional revenue source(s) and date(s) of fee deposit(s): Pending approval of development projects as identified by Community Development's "Residential, Commercial and Industrial Quarterly Status Report." 0002,27 Fund 212.751 - Art In Public Places 00022 3 Item Description Response (1) A brief description of the type of fee in the Fees to provide art in public areas resulting from the account or fund demand for additional art from new development. (2) The amount of the fee $0.10 /commercial and industrial square foot (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ 155,087 account or fund Ending Balance (06/30/99): $ 163,790 (4) The amount of the fees collected and the Amount of Fees Collected: $ 9,108 interest earned Interest Earned: $ 7,195 (5) An identification of each public improvement on Art at Science Drive $ 7,600 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 7,600 the expenditures on each improvement in FY % of project funded by fees: 100% 98/99, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: $ - made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan Interfund Loans: $ - (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: Anticipated additional revenue source(s) and date(s) of fee deposit(s): Pending approval of development projects as identified by Community Development's "Residential, Commercial and Industrial Quarterly Status Report." 00022 3 Fund 212.754 - Library Facilities Fund ®002 1119 Item Description Response (1) A brief description of the type of fee in the Fees to mitigate the increse in demand on library account or fund services generated by developments within the City, such as enhancing library services and/or facilities. (2) The amount of the fee $460.56 /single family dwelling $298.46 /multifamily dwelling $306.03 /mobile home unit $0.10 /commercial and industrial square foot (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ - account or fund Ending Balance (06/30/99): $ 13,958 (4) The amount of the fees collected and the Amount of Fees Collected: $ 13,603 interest earned Interest Earned: $ 355 (5) An identification of each public improvement on No fees expended during FY 98/99. which fees were expended and the amount of the expenditures on each improvement in FY 98/99, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: $ - made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan Interfund Loans: $ - (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: Anticipated additional revenue source(s) and date(s) of fee deposit(s): Pending approval of development projects as identified by Community Development's "Residential, Commercial and Industrial Quarterly Status Report." ®002 1119 Fund 402 — Police Facilities Fund * This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1998/99. 0002�0 Item Description Response (1) A brief description of the type of fee in the A percentage of Building and Safety permits for account or fund construction of police facilities within the City pursuant to City Ordinance Number 206 to fund the increased demand for police services as a result of additional development. (2) The amount of the fee (3) The beginning and ending balance of the Beginning Balance (07/01/98): $ 592,193 account or fund Ending Balance (06/30/99): $ 672,025 (4) The amount of the fees collected and the Amount of Fees Collected: $ 77,348 interest earned Interest Earned: $ 29,105 (5) An identification of each public improvement on Space Needs Study: $ 7,077 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 16,914 the expenditures on each improvement in FY % of project funded by fees: 42% 98/99, including the total percentage of the cost of the public improvement that was funded with Bldg. Improv. - Resource Center: $ 19,544 fees TOTAL COST OF PROJECT: $ 26,621 % of project funded by fees: 73% (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: $ - made from the account or fund, including the public improvement on which the transferred or Interfund Loans: $ - loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: Anticipated additional revenue source(s): - Pending approval of development projects. Approximate date(s) of fee deposit(s): - Pending approval of development projects. * This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1998/99. 0002�0