HomeMy WebLinkAboutAGENDA REPORT 2004 1215 CC REG ITEM 10EMOORPARK CITY COUNCIL
AGENDA REPORT
BY.,
CALIFORIM
TO: Honorable City Council 6-
FROM: Cindy Borchard, Administrative Services Director
Prepared by: Johnny Ea, Budget & Finance Manager
DATE: November 30, 2004 (CC Meeting of December 15, 2004)
SUBJECT: Consider the Report Titled "Accounting of Fund
Information as Required by Section 66006 of the
California Government Code for Fiscal Year 2003/04" 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 2003/2004." The report relates to
transactions made during the fiscal year that concluded on June 30,
2004.
As required by the Code, this report has been made available to the
public at least 15 days prior to the meeting date at the front
counter of City Hall.
90095C.
Honorable City Council
December 15, 2004
Page 2
STAFF RECOMMENDATION
That the City Council consider
Fund Information as Required by
Government Code for Fiscal Year
said report.
the report titled "Accounting of
Section 66006 of the California
2003/2004" and receive and file
Attachment: "Accounting of Fund Information as Required by
Section 66006 of the California Code for Fiscal
Year 2003/2004"
City of Moorpark, California
Accounting of Fund Information as Required by Section 66006 of the
California Government Code
for
Fiscal Year 2003/2004
Scheduled for Public Review at the City Council Meeting
of
December 15, 2004
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.
1)00, 5�
Fund 2001 — Traffic Systems Management Fund
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 purpose 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 (07/01/03) $ 3,578,549
account or fund
Ending Balance (06/30/04) $ 3,887,239
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 282,134
interest earned
Interest Earned $ 50,056
Total Revenues $ 332,190
(5)
An identification of each public improvement
Com. Dev. Admin. Salaries $ 6,336
on which fees were expended and the amount
of the expenditures on each improvement in
Rail Trail Study (8050) $ 17,164
FY 03/04, including the total percentage of the
Total Cost of Project $ 25,456
cost of the public improvement that was
% of project funded by fees: 67%
funded with fees
Total Expenses $ 23,500
(6)
An identification of an approximate date by
An additional $323K has been budgeted in FY 04/05 for
which the construction of the public
a master plan of trails & bikeways, 20% of two transit
improvement will commence if the local
buses, three trail projects and 25% of one (1) Senior
agency determines that sufficient funds have
Management Analyst salaries /benefits to administer
been collected to complete public
projects. Additionally, specific programs have been
improvement and the public improvement
identified to be funded in future years as approved by
remains incomplete
City Council on 3/3/04.
(7)
A description of each interfund transfer or loan
made from the account or fund, including the
Interfund Transfers:
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
Interfund Loans: $
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:
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commercial and industrial Quarterly Status Report"
prepared by the Community Development Department.
Fund 2002 — Citywide Traffic Mitigation Fund
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.
(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 (07/01/03) $ 5,484,783
account or fund
Ending Balance 06/30/04) $ 6,008,802
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 494,331
interest earned
Interest Earned $ 77,589
Total Revenues $ 571,920
(5)
An identification of each public improvement on
Moorpark Ave/Widen Casey to 3rd (8040) $ 47,900
which fees were expended and the amount of
Total Cost of Project $ 95,630
the expenditures on each improvement in FY
% of project funded by fees: 50%
03/04, including the total percentage of the cost
of the public improvement that was funded with
fees
Total Expenses $ 47,900
(6)
An identification of an approximate date by
For FY 04/05, $624K has been budgeted for Moorpark
which the construction of the public
Ave. Widening /Casey to 3rd and another $300K for
improvement will commence if the local agency
North Hills Parkway. These are significant projects that
determines that sufficient funds have been
are expected to require all the available funds in this
collected to complete public improvement and
account to complete.
the public improvement remains incomplete
(7)
A description of each interfund transfer or loan
made from the account or fund, including the
Interfund Transfers:
public improvement on which the transferred or
Transfer to Community
loaned fees will be expended, and in the case of
Development
an interfund loan, the date on which the loan will
Interfund Loans: $
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:
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commerical and industrial Quarterly Status Report"
prepared by the Community Development Department.
Fund 2003 — Crossing Guard Fund
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 (07/01/03) $ 178,447
account or fund
Ending Balance (06/30/04) $ 167,904
(4)
The amount of the fees collected and the
Amount of Fees Collected $ -
interest earned
Interest Earned $ 2,399
Total Revenues $ 2,399
(5)
An identification of each public improvement on
Crossing Guard Expenses $ 12,942
which fees were expended and the amount of
Total Cost of Project(s) $ 73,732
the expenditures on each improvement in FY
% of project funded by fees 18%
03/04, including the total percentage of the cost
of the public improvement that was funded with
fees
Total Expenses $ 12,942
(6)
An identification of an approximate date by
The fees collected in this account are used to partially
which the construction of the public
fund the annual costs of providing crossing guard
improvement will commence if the local agency
services at specified locations. Fees are collected
determines that sufficient funds have been
from developers to offset the cost for five years only at
collected to complete public improvement and
impacted intersections.
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
Interfund Loans: $
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:
None
Fund 21OX — Park Improvement Fund
Item Description
Response
(1) A brief description of the type of fee in the
Quimby fees (Developer payments in lieu of dedicating
account or fund
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. Includes funds for municipal and bike
path.
(2) The amount of the fee
A formula based on a dwelling unit factor (currently
3.54 for single family units), 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 (07/01/03) $ 1,840,736
account or fund
Ending Balance (06/30/04) $ 2,013,559
(4) The amount of the fees collected and the
Amount of Fees Collected $ 1,737,053
interest earned
Interest Earned $ 42,738
Rents /Concessions $ 13,510
Transfer From Other Funds $ -
Sale Plans /Specifications $ 355
Residual Equity Transfers $ -
Total Revenues $ 1,793,655
(5) An identification of each public improvement on
AVCP Sports Fields (7022) $ 819,018
which fees were expended and the amount of
TOTAL COST OF PROJECT: $ 819,018
the expenditures on each improvement in FY
% of project funded by fees: 100%
03/04, including the total percentage of the cost
of the public improvement that was funded with
Duarte Property (7025) $ 67,622
fees
TOTAL COST OF PROJECT: $ 67,622
% of project funded by fees: 100%
Poindexter Park (7801) $ 645,171
TOTAL COST OF PROJECT: $ 689,109
% of project funded by fees: 94%
College View Park (7807) $ 15,198
TOTAL COST OF PROJECT: $ 55,254
% of project funded by fees: 28%
Villa Campensina Park (7814) $ 68,720
TOTAL COST OF PROJECT: $ 74,626
% of project funded by fees: 92%
AVCP Fence (7818) $ 4,996
TOTAL COST OF PROJECT: $ 4,996
% of project funded by fees: 100%
Misc. Expense 108
Total Expenses $ 1,620,832
. �4 1
Fund 21 OX — Park Improvement Fund
(continued)
(6) An identification of an approximate date by
$1.1 million in park improvement projects are planned
which the construction of the public
for the 2004 /2005 fiscal year. The major projects
improvement will commence if the local agency
include improvements to Arroyo Vista Community Park,
determines that sufficient funds have been
Poindexter Park, Virginia Colony Park, Villa Campesina
collected to complete public improvement and
Park, Mountain Meadows Park and Glenwood Park.
the public improvement remains incomplete
(7) A description of each interfund transfer or loan
Interfund Transfers:
made from the account or fund, including the
Transfer from City Wide to
public improvement on which the transferred or
Community Pool Fund
loaned fees will be expended, and in the case
Interfund Loans: $
of an interfund loan, the date on which the loan
Loan from General Fund:
will be repaid, and the rate of interest that the
Park Improvement Projects
account or fund will receive on the loan
Date of Repayment:
Interest Rate of Loan:
Amount of 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:
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commerical and industrial Quarterly Status Report"
prepared by the Community Development Department.
"woOss
Fund 2150 - Tree & Landscaping Fund
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
develo ment.
(2)
The amount of the fee
$0.05 /commercial and industrial square foot
(3)
The beginning and ending balance of the
Beginning Balance (07/01/03) $ 120,909
account or fund
Ending Balance (06/30/04) $ 131,960
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 10,295
interest earned
Interest Earned $ 1,707
Total Revenues $ 12,002
(5)
An identification of each public improvement on
Parkway Trees - Spring Rd. (8054) $ 952
which fees were expended and the amount of
Total Cost of Project $ 1,903
the expenditures on each improvement in FY
% of project funded by fees: 50%
03/04, including the total percentage of the cost
of the public improvement that was funded with
fees
Total Expenses $ 952
(6)
An identification of an approximate date by
For FY 04/05, $115K has been budgeted for the
which the construction of the public
Poindexter Parkway project (8048) and another $42K
improvement will commence if the local agency
for Parkway Trees - Spring Road (8054).
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
made from the account or fund, including the
Interfund Transfers: $ -
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:
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commerical and industrial Quarterly Status Report"
prepared by the Community Development
Department.
Fund 2151 - Art In Public Places
Item Description
Response
(1)
A brief description of the type of fee in the
Fees to provide art in public areas resulting from
account or fund
the 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 (07/01/03) $ 89,335
account or fund
Ending Balance (06/30/04) $ 102,964
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 12,294
interest earned
Interest Earned $ 1,335
Total Revenues $ 13,629
(5)
An identification of each public improvement on
No fee expended during FY 03/04.
which fees were expended and the amount of
the expenditures on each improvement in FY
03/04, including the total percentage of the cost
of the public improvement that was funded with
fees
(6)
An identification of an approximate date by
The City Council has appointed a committee to
which the construction of the public
consider appropriate projects.
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
made from the account or fund, including the
public improvement on which the transferred or
Interfund Transfers: $ -
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:
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commerical and industrial Quarterly Status Report"
prepared by the Community Development
Department.
Fund 2154 - Library Facilities Fund
Item Description
Response
(1)
A brief description of the type of fee in the
Fees to provide additional library facilities to
account or fund
accommodate demand for library services caused
by additional development.
(2)
The amount of the fee
$925.68 /single family dwelling
$596.91 /multifamily dwelling
$612.06 /mobile home unit
$0.37 /commercial and industrialsquare foot
(3)
The beginning and ending balance of the
Beginning Balance (07/01/03) $ 387,450
account or fund
Ending Balance (06130/04) $ 523,385
Change in Accruals
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 130,013
interest earned
Interest Earned $ 5,923
Total Revenues $ 135,935
(5)
An identification of each public improvement on
No fees were expended during FY
which fees were expended and the amount of
03/04.
the expenditures on each improvement in FY
03/04, including the total percentage of the cost
of the public improvement that was funded with
fees
(6)
An identification of an approximate date by
For FY 2004 -05, the City budgeted $30,000 of these
which the construction of the public
funds for library material, including compact discs,
improvement will commence if the local agency
videos /DVDs, books, and other equipment.
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
Interfund Loans: $
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:
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commerical and industrial Quarterly Status Report"
prepared by the Community Development
Department.
Fund 2501 — Los Angeles Avenue Area of Contribution Fund
em 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 to fund infrastructure enhancements as
a result of additional development.
(2)
The amount of the fee
$3,760 /residential unit
$21,057 /commercial acre
(3)
The beginning and ending balance of the
Beginning Balance (07/01/03)
$ 8,093,163
account or fund
Ending Balance (06/30104)
$ 7,870,569
(4)
The amount of the fees collected and the
Amount of Fees Collected
$ 462,360
interest earned
Other Revenues
$ -
Interest Earned
$ 83,761
Total Revenues
$ 546,121
(5)
An identification of each public improvement on
LA Ave Maureen to Beltram (8003)
$ 24,631
which fees were expended and the amount of
Total Cost of Project
$ 24,631
the expenditures on each improvement in FY
% of project funded by fees:
100%
03/04, including the total percentage of the cost
Signal Interconnect (8004)
$ 114
of the public improvement that was funded with
Total Cost of Project
$ 114
fees
% of project funded by fees:
100%
LA Ave. Widening Spr /High (8012)
$ 53,059
Total Cost of Project
$ 53,059
% of project funded by fees:
100%
LA Ave. Widening Spr /Mrpk (8013)
$ 202,263
Total Cost of Project
$ 202,263
% of project funded by fees:
100%
Spring Road Widening (8026)
$ 110,209
Total Cost of Project
$ 110,209
% of project funded by fees
100%
Flinn /Spring Modification (8037)
$ 378,199
Total Cost of Project
$ 806,818
% of project funded by fees
47%
Underground Utility Dist. #2 (8051)
$ 239
Total Cost of Project
$ 239
% of project funded by fees:
100%
Total Expenses
$ 768,715
(6)
An identification of an approximate date by
Approximately $8 million in this fund has been
which the construction of the public
budgeted for ten (10) various ongoing as well as new
improvement will commence if the local agency
projects in FY 2004 -05. Many of these projects will
determines that sufficient funds have been
require two to three fiscal years for completion.
collected to complete public improvement and
the public improvement remains incomplete
Fund 2501 — Los Angeles Avenue Area of Contribution Fund
(continued)
p C
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(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
nd Loans
loaned fees will be expended, and in the case
Loan to Tierra Rejada AOC $ 352,863
Loan t
of an interfund loan, the date on which the loan
Spring Road Bridge project
will be repaid, and the rate of interest that the
Date of Repayment: Not Specified
account or fund will receive on the loan
Interest Rate of Loan: 0.00%
Amount of Loan: $352,863
(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:
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commerical and industrial Quarterly Status Report"
prepared by the Community Development
Department.
p C
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Fund 2502 — Tierra Rejada Road / Spring Road Area of Contribution Fund
f�G.r 64
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 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 (07/01/03) $ (291,742)
account or fund
Ending Balance (06/30/04) $ (195,625)
(4)
The amount of the fees collected and the interest
Amount of Fees Collected $ 88,825
earned
Interest Earned $ 19,477
Other Revenues
Total Revenues $ 108,302
(5)
An identification of each public improvement on
TR Signal Interconnect (8036) $ 114
which fees were expended and the amount of
Total Cost of Project $ 114
the expenditures on each improvement in FY
% of project funded by fees: 100%
03/04, including the total percentage of the cost
TR Median /Spring to FWY (8042) $ 12,071
of the public improvement that was funded with
Total Cost of Project $ 12,071
fees
of project funded by fees: 100%
Total Expenses $ 12,185
(6)
An identification of an approximate date by which
For FY 2004/05, an additional $121 K has been
the construction of the public improvement will
budgeted for Traffic Signal Interconnect Project,
commence if the local agency determines that
$208K for Tierra Rejada Median, and $100K for
sufficient funds have been collected to complete
Spring Road Double Left Turn Lane.
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 $ 352,863
loaned fees will be expended, and in the case of
Loan from Los Angeles Ave AOC
an interfund loan, the date on which the loan will
Spring Road Bridge project
be repaid, and the rate of interest that the
Date of Repayment: Not Specified
account or fund will receive on the loan
Interest Rate of Loan: 0.00%
Amount of Loan: $352,863
(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) of
Allocations Made $ -
Section 66001 (of the Code)
Additional Comments
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commerical and industrial Quarterly Status Report"
prepared by the Community Development
Department.
f�G.r 64
Fund 2503 — Casey Road /Gabbert Road Area of Contribution Fund
00 .10*6S
Item Descri tion
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 to fund infrastructure enhancements as a
result of additional development.
(2)
The amount of the fee
$2,030 /residential unit
$6,428 /commercial acre
(3)
The beginning and ending balance of the
Beginning Balance (07/01/03) $ 44,508
account or fund
Ending Balance (06130/04) $ 47,171
(4)
The amount of the fees collected and the
Fees Collected $ 2,030
interest earned
Interest Earned $ 633
Total Revenues $ 2,663
(5)
An identification of each public improvement on
No fees expended during FY 03/04.
which fees were expended and the amount of
the expenditures on each improvement in FY
03/04, including the total percentage of the cost
of the public improvement that was funded with
fees
(6)
An identification of an approximate date by
The funds accumulated in this account are anticipated
which the construction of the public
to be spent within the next five fiscal years on
improvement will commence if the local agency
appropriate street improvement programs.
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
made from the account or fund, including the
Interfund Transfers: $ -
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:
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commerical and industrial Quarterly Status Report"
prepared by the Community Development Department.
00 .10*6S
Fund 2504 — Fremont Storm Drain AOC
000{.�C2C
Item Description
Response
(1)
A brief description of the type of fee in the
Fees for Freemont Storm Drain and related
account or fund
improvements as a result of additional development.
(2)
The amount of the fee
Negotiated with developers based upon the estimated
impact of development on the Freemont Storm drain.
(3)
The beginning and ending balance of the
Beginning Balance (07/01/03) $ 12,266
account or fund
Ending Balance (06/30/04) $ 12,433
(4)
The amount of the fees collected and the
Fees Collected $ -
interest earned
Interest Earned $ 167
Total Revenues $ 167
(5)
An identification of each public improvement on
No fees expended during FY 03/04.
which fees were expended and the amount of
the expenditures on each improvement in FY
03/04, including the total percentage of the cost
of the public improvement that was funded with
fees
(6)
An identification of an approximate date by
The funds accumulated in this account are anticipated
which the construction of the public
to be spent within the next five fiscal years on
improvement will commence if the local agency
appropriate storm drain improvement programs.
determines that sufficient funds have been
collected to complete public improvement and
the public improvement remains incomplet
(7)
A description of each interfund transfer or loan
made from the account or fund, including the
Interfund Transfers: $ -
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
(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:
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commerical and industrial Quarterly Status Report"
prepa
000{.�C2C
Fund 4002 — Police Facilities Fund
= OG7
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
$677 /Single family dwelling
$677 /Multi - family dwelling, per unit
$677 /Mobile home, per unit
$0.41 /Commercial and Industrial square foot
(3)
The beginning and ending balance of the
Beginning Balance (07/01/03) $ 1,157,240
account or fund
Ending Balance 06/30/04) $ (1,387,154
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 102,689
interest earned
Interest Earned $ 34,326
Total Revenues $ 137,015
(5)
An identification of each public improvement on
Police Services Facility (2005) $ 2,681,409
which fees were expended and the amount of
Total Cost of Project $ 2,681,409
the expenditures on each improvement in
FY03 /04, including the total percentage of the
% of project funded by fees: 100%
cost of the public improvement that was funded
with fees
Total Expenses $ 2,681,409
(6)
An identification of an approximate date by
An additional $5.7 million has been budgeted in FY
which the construction of the public
04/05 for the Police Services Facility with an
improvement will commence if the local agency
anticipated completion date of April 2005.
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
Intefnund Loans: $ 746,856
loaned fees will be expended, and in the case of
Loan from Endowment fund for
an interfund loan, the date on which the loan will
Police Services Facility
be repaid, and the rate of interest that the
Date of Repayment: As development fees are
account or fund will receive on the loan
collected in future years
Interest Rate of Loan: 0.00%
(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:
For information about pending and planned capital
projects, see the City's annual capital improvement
budget. For additional information about future
development fee revenues, see the "Residential,
Commerical and industrial Quarterly Status Report"
prepared by the Community Development
Department.
= OG7