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Home My WebLink AboutAGENDA REPORT 2021 1215 CCSA REG ITEM 10FCITY OF MOORPARK,   CALIFORNIA City Council Meeting of December 15, 2021 ACTION APPROVED STAFF RECOMMENDATION. BY K. Spangler. F. Consider the Report Titled “Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2020/21”. Staff Recommendation: Accept the Development Impact Fee Annual Report for Fiscal Year 2020/21. (Staff: Kambiz Borhani, City Treasurer/Finance Director) Item: 10.F. MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Kambiz Borhani, Finance Director DATE: 12/15/2021 Regular Meeting SUBJECT: Consider the Report Titled “Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2020/21” SUMMARY California Government Code Sections 66000-66008 prescribe the use, accounting and reporting of fees imposed by a local agency to an applicant as a condition of approval of a development project. The purpose of these fees is to defray all or a portion of the cost of public facilities related to the development project. The Code also requires the local agency to establish a separate fund for each fee to avoid any commingling with other revenues and funds. An annual report of these funds shall be made available to the public within one hundred eighty (180) days after the close of each fiscal year and reviewed by the local agency in the next regularly scheduled public meeting not less than fifteen (15) days after this information is made public. The report was posted on the City’s website and at City Hall’s front counter on December 1, 2021, and the agenda item is scheduled for the December 15, 2021. DISCUSSION Government Code Section 66006 requires the following annual disclosures for each fund: a) brief description of the fee, b) amount of the fee, c) beginning and ending balance of fund, d) amount of fees collected and the interest earned, e) identification of each public improvement on which fees were expended and the amount of expenditures on each improvement, f) identification of an approximate date by which the construction of the public improvement will commence, g) description of each interfund transfer or loan made from the fund, and h) amount of refunds. Item: 10.F. Honorable City Council 12/15/2021 Regular Meeting Page 2 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 2020/21”. The report is based on the City’s audited financial records for fiscal year (FY) 2020/21 and the adopted budget for FY 2021/22. As required by the Code, these reports have been made available to the public at least 15 days prior to the meeting date at the front counter of City Hall. FISCAL IMPACT There is no fiscal impact. COUNCIL GOAL COMPLIANCE This action does not support a current strategic directive. STAFF RECOMMENDATION Accept the Development Impact Fee Annual Report for Fiscal Year 2020/21. Attachment: “Accounting of Fund Information as Required by Section 66006 of the California Code for Fiscal Year 2020/21” City of Moorpark, California Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2020/21 Scheduled for Public Review at the City Council Meeting of December 15, 2021 ATTACHMENT 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 (§66006 (b)(1)) 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 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) (2)The amount of the fee (3)Beginning Balance (07/01/20)2,011,344$ Ending Balance (06/30/21)1,952,945$ (4)Amount of Fees Collected 23,474$ Interest Earned 3,120$ Other Revenues 676$ Total FY 2020/21 Revenues 27,271$ (5)City Staff Costs 39,911$ Contract Services (Passenger Info System)3,682$ Property Maintenance (Post Office - High St)1,997$ Transit Operations -$ Natural Gas (CNG bus fuel)-$ Metrolink South Second Entrance (C0029)21,448$ Total Cost of Project *487,240$ % of project funded by fees:4% Metrolink North Parking (C0032)13,556$ Total Cost of Project *60,000$ % of project funded by fees:23% Total FY 2020/21 Expenses 80,595$ (6)The FY 2021/22 adopted budget includes: City Staff Costs 42,052$ Contractual Sercvices -$ Transit Services -$ Natural Gas -$ Ped Access Improv at Civic Ctr (C0014)116,111$ Metrolink South Lot Entry (C0029)-$ Metrolink North Parking (C0032)-$ Los Angeles Avenue Undergrounding (C0033)286$ Arroyo Dr Bike/Ped (C0037)268,820$ Total FY 2020/21 Adopted Budget 427,269$ The beginning and ending balance of the account or fund An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2020/21, including the total percentage of the cost of the public improvement that was funded with fees. Fund 2001 – Traffic Systems Management ResponseItem Description A brief description of the type of fee in the account or fund. The amount of the fees collected and the interest earned. Fees based on the air quality impacts of development with the purpose of mitigating these impacts by funding programs or projects that reduce emissions. The fee is calculated based on the Ventura County Air Pollution Control District's guidelines. *Total Project Costs excludes interfund transfers for City Engineering/Parks Recreation staff project and administrative costs. 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 financing on an incomplete public improvement and the public improvement remains incomplete. Fund 2001 – Traffic Systems Management ResponseItem Description (7)Interfund Transfers: Ped Access Improv at Civic Ctr (C0014)-$ Metrolink North Parking (C0032)4,133$ Arroyo Dr Bike/Ped (C0037)943$ Total 5,075$ Interfund Loans:-$ Total -$ (8)Refunds Made: -$ Allocations Made:-$ Additional Comments: 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. 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. For information on pending and planned capital projects, refer to 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 City's Community Development Department. City Engineering/Parks Recreation staff cost reimbursement for the following CIP projects: (1) (2)The amount of the fee (3)Beginning Balance (07/01/20)21,414,202$ Ending Balance (06/30/21)21,526,772$ (4)Amount of Fees Collected 9,251$ Interest Earned 37,756$ Other Revenues 81,717$ Total FY 2020/21 Revenues 128,724$ (5)Contractual Services 9,750$ Property Maintenance 6,404$ Total FY 2020/21 Expenses 16,154$ (6)The FY 2021/22 adopted budget includes: Property Maintenance 10,300$ Contractual Services 11,600$ Moorpark Ave Widening-Casey & 3rd (C0004)101,648$ North Hills Pkwy (C0031)-$ Property Tax & SBA 66$ Total FY 2020/21 Adopted Budget $ 123,614 Two future projects: 1) Freeway 23 North Alignment (C0025); and 2) North Hills Parkway (C0031)are expected to cost over $170M and will require all the available funds in this account, as well as other sources of funds to complete. Negotiated with developers based upon the estimated impact of development on traffic flow within the City. Fund 2002 – Citywide Traffic Mitigation Item Description Response A brief description of the type of fee in the account or fund Fees to fund mitigation measures for increased traffic flows generated by developments within the City. The beginning and ending balance of the account or fund The amount of the fees collected and the interest earned An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2019/20, including the total percentage of the cost of the public improvement that was funded with fees. An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement and the public improvement remains incomplete. Fund 2002 – Citywide Traffic Mitigation Item Description Response (7)Interfund Transfers: Moorpark Ave Widening-Casey & 3rd (C0004)-$ North Hills PKWY (C0031)-$ Total -$ Interfund Loans:-$ Total -$ (8)Refunds Made: -$ Allocations Made:-$ For information on pending and planned capital projects, refer to 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 City's Community Development Department. City Engineering/Parks Recreation staff cost reimbursement for the following CIP projects: Additional Comments: 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. 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. (1) (2)The amount of the fee (3)Beginning Balance (07/01/20)121,740$ Ending Balance (06/30/21)57,873$ (4)Amount of Fees Collected -$ Interest Earned (1,514)$ Other Revenues -$ Total FY 2020/21 Revenues (1,514)$ (5) Crossing Guard Expenses (see Additional Comments)62,353$ Total Cost of Division (213)62,353$ % of project funded by fees:100% Total FY 2020/21 Expenses 62,353$ (6)The FY 2021/22 adopted budget includes: City Staff Costs (Div 213 Crossing Guard)65,822$ Total FY 2020/21 Adopted Budget $ 65,822 Fund 2003 – Crossing Guard Item Description Response A brief description of the type of fee in the account or fund The beginning and ending balance of the account or fund An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2020/21, including the total percentage of the cost of the public improvement that was funded with fees 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 financing on an incomplete public improvement and the public improvement remains incomplete. The amount of the fees collected and the interest earned Fees for the provision of increased crossing guards services at specific locations as a result of additional residential development. Negotiated with developers in areas where development would impact pedestrian routes to and from schools within the City. Fund 2003 – Crossing Guard Item Description Response (7)Interfund Transfers: Total -$ Interfund Loans:-$ Total -$ (8)Refunds Made: -$ Allocations Made:-$ As part of the conditions of approval for certain development projects,crossing guard fees are assessed to developers specifically to fund the estimated cost of crossing guard for five years at the then current rate, plus the pro-rata cost of direct supervision of the crossing guard location and staff administration cost (calculated at 15% of the above costs). Although these fees are not related to public improvement,it is a development fee collected to defray the for City's cost of providing services. 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. Additional Comments: 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. (1) (2)The amount of the fee $925.68/single family dwelling, $596.91/multi-family dwelling, per unit $612.06/mobile home, per unit $0.37/commercial and industrial square foot (3)Beginning Balance (07/01/20)1,919,307$ Ending Balance (06/30/21)2,005,557$ (4)Amount of Fees Collected 80,833$ Interest Earned 5,417$ Other Revenues -$ Total FY 2020/21 Revenues 86,250$ (5)Contract Services -$ Operating Supplies -$ Cenic Broadband Connection -$ Total FY 2020/21 Expenses -$ (6)The FY 2021/22 adopted budget includes: HVAC equipment replacement 25,000$ Public copier/printer/scanner replacement 6,500$ Total FY 2020/21 Adopted Budget $ 31,500 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 financing on an incomplete public improvement and the public improvement remains incomplete. The beginning and ending balance of the account or fund An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2019/20, including the total percentage of the cost of the public improvement that was funded with fees Fund 2004 - Library Facilities Item Description Response A brief description of the type of fee in the account or fund Fees to provide additional library facilities to accommodate demand for library services caused by additional development. The amount of the fees collected and the interest earned Fund 2004 - Library Facilities Item Description Response (7)Interfund Transfers: Total -$ Interfund Loans:-$ Total -$ (8)Refunds Made: -$ Allocations Made:-$ 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. For information on pending and planned capital projects, refer to 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 City's Community Development Department. 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. Additional Comments: (1) (2)The amount of the fee (3)Beginning Balance (07/01/20)298,897$ Ending Balance (06/30/21)305,779$ (4)Amount of Fees Collected 13,492$ Interest Earned 290$ Other Revenues -$ Total FY 2020/21 Revenues 13,782$ (5)Property Maintenance -$ Operating Supplies -$ 6,900$ Total FY 2020/21 Expenses 6,900$ (6)The FY 2021/22 adopted budget includes: 6,900$ Property Maintenance - E Aspen Hills Dr 4,900$ Property Maintenance - Arroyo Simi River 7,000$ Property Maintenance - Moorpark Northeast 10,000$ Total FY 2020/21 Adopted Budget $ 28,800 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 financing on an incomplete public improvement and the public improvement remains incomplete. Fund 2005 - Open Space Maintenance Item Description Response A brief description of the type of fee in the account or fund Fees to fund preservation of existing greenbelts and open space lands; and/or acquisition of properties under threat of conversion to other uses for open space purposes . Contribution to Moorpark Watershed,Parks, Recreation and Conservation Authority (MWPRCA)for property maintenance of Tierra Rejada open space Negotiated with developers based upon the estimated impact of development on open space/agricultural zones. An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2019/20, including the total percentage of the cost of the public improvement that was funded with fees. The beginning and ending balance of the account or fund The amount of the fees collected and the interest earned Contribution to MWPRCA for property maintenance of Tierra Rejada open space Fund 2005 - Open Space Maintenance Item Description Response (7)Interfund Transfers: Total -$ Interfund Loans:-$ Total -$ (8)Refunds Made: -$ Allocations Made:-$ Additional Comments: Property Maintenance costs include services like weed abatement and waste removal to maintain and preserve open space lands. For information on pending and planned capital projects, refer to 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 City's Community Development Department. 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. 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. (1) (2)The amount of the fee (3)Beginning Balance (07/01/20)182,515$ Ending Balance (06/30/21)182,898$ (4)Amount of Fees Collected 93$ Interest Earned 291$ Other Revenues -$ Total FY 2020/21 Revenues 383$ (5)None -$ Total FY 2020/21 Expenses -$ (6)The FY 2021/22 adopted budget includes: Princeton/CMP Pk Dr Landscape (M0045)85,000$ LA Ave Parkway Renov (M0046)45,000$ Total FY 2020/21 Adopted Budget $ 130,000 $0.05/commercial and industrial square foot The beginning and ending balance of the account or fund The amount of the fees collected and the interest earned An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2019/20, including the total percentage of the cost of the public improvement that was funded with fees An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement and the public improvement remains incomplete. Fund 2006 - Tree & Landscaping Item Description Response A brief description of the type of fee in the account or fund Fees to provide landscaping and trees in public areas resulting from the increase in demand from additional development. Fund 2006 - Tree & Landscaping Item Description Response (7)Interfund Transfers: LA Ave Parkway Renovation (M0046)-$ Princeton/Campus Pk Dr Landscape (M0045)-$ Total -$ Interfund Loans:-$ Total -$ (8)Refunds Made: -$ Allocations Made:-$ Additional Comments: 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. 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. City Engineering/Parks Recreation staff cost reimbursement for the following CIP projects: For information on pending and planned capital projects, refer to 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 City's Community Development Department. (1) (2)The amount of the fee (3)Beginning Balance (07/01/20)4,751,080$ Ending Balance (06/30/21)4,819,759$ (4)Amount of Fees Collected 117,695$ Interest Earned 9,470$ Other Revenues 2,281$ Total FY 2020/21 Revenues 129,446$ (5)City Staff Costs 52,766$ Contractual Sservices 8,000$ Total FY 2020/21 Expenses 60,766$ (6) City Staff Costs $ 67,713 $ 5,000 North Train Station Public Art (C0052) $ 200,000 Play Ground @ Tierra Rejada Park (C0063) $ 300,000 Monument Sign (C0065) $ 25,000 Total FY 2020/21 Adopted Budget $ 597,713 Fund 2007 - Art In Public Places Item Description Response A brief description of the type of fee in the account or fund Fees to provide art in public areas resulting from the demand for additional art from new development. The beginning and ending balance of the account or fund 1% of total building valuation (single family, multi-family, mobilehome, commerical, industrial) An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2020/21, including the total percentage of the cost of the public improvement that was funded with fees The FY 2021/22 adopted budget includes: The amount of the fees collected and the interest earned Contract Services (Arts Master Plan Consultant) 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 financing on an incomplete public improvement and the public improvement remains incomplete. Fund 2007 - Art In Public Places Item Description Response (7)Interfund Transfers: -$ Total -$ Interfund Loans:-$ Total -$ (8)Refunds Made: -$ Allocations Made:-$ Additional Comments: The Arts Master Plan Consulting services contract was approved by City Council on June 5, 2019 in the amount of $44,850. The agreement was executed on July 1, 2019. Therefore no expenses were incurred during the FY 2018/19. The encumbrance for this service was carried over to FY 2019/20 as a budget amendment. For information on pending and planned capital projects, refer to the City's annual capital improvement budget.For additional information about future development fee revenues, see the "Residential,Commercial and Industrial Quarterly Status Report" prepared by the City's Community Development Department. The amount of refunds made pursuant to subdivision (e) of Section 66001 of the Code and any allocations pursuant to subdivision (f)of Section 66001 of the Code. A description of each interfund transfer or loan made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan. (1) (2)The amount of the fee (3)Beginning Balance (07/01/20)3,062,069$ Ending Balance (06/30/21)2,742,203$ (4)Fees in Lieu of Park Land (Fund 2010)-$ Other Development Fees (Fund 2011)38,867$ Interest Earned (All 5 funds)4,445$ Other Revenues (Fund 2010)15,526$ Total FY 2020/21 Revenues 58,837$ (5) Tierra Rejada Park Machine & Equip 6,013$ Tierra Rejada Pk All Inclusv Playgrnd (C0063)10,780$ Total Cost of Project 10,780$ % of project funded by fees:100% Total FY 2020/21 Expenses 16,793$ The amount of the fees collected and the interest earned An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2019/20, including the total percentage of the cost of the public improvement that was funded with fees Item Description The beginning and ending balance of the account or fund (consolidated) Funds 20XX – Park Improvement and Recreation Facilities Response A brief description of the type of fee in the account or fund Quimby fees (Developer payments in lieu of 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. A formula based on a dwelling unit factor (currently 3.22 for single family units), the parkland dedication requirement (currently 5 acres/1,000 persons) and the fair market value per acre (varies per development). Item Description Funds 20XX – Park Improvement and Recreation Facilities Response (6) AVRC Generators (M0023)95,000$ AVCP Storage Facility (C0047)80,000$ Tiera Rejada Park Playground (C0063)1,314,000$ Community Center Park Playground (C0064)90,000$ Campus Park Playground Upgrade (C0066)330,000$ Glenwood Park Play Equip (C0067)120,000$ Monte Vista Park (R0090) 3 LED Solar Plot 20,000$ Total FY 2020/21 Adopted Budget $ 2,049,000 (7)Interfund Transfers: City Staff cost reimbursement for: AVRC B-U Generators 115$ Peach Hill Park Playground (C0057)-$ Miller Park Playground (C0058)-$ Total 115$ Interfund Loans: Total -$ (8)Refunds Made: -$ Allocations Made:-$ Bikepath/Multi-Use Trails (2008)132,165$ Municipal Pool (2009)319,509$ Community Wide Park Development (2010)1,492,406$ Park Improvement Zone 2017-1 (2011)770,964$ Park Improvement Zone 2017-2 (2013)(14,771)$ Total 2,700,273$ * Additional Comments: 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. 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. For information on pending and planned capital projects, refer to 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 City's Community Development Department. 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 financing on an incomplete public improvement and the public improvement remains incomplete. *The total of all these fund balances make up the Ending Balance (06/30/2019) listed under item 3 above. The variance is due to rounding. Fund 20XX -Park Improvement and Recreation Facilities consists of the five (5) funds listed below. For fund definition and authorized uses, please refer to page 458 of the FY 2019/20 Adopted Budget. The FY 2021/22 adopted budget includes: Fund balance of each fund as of June 30, 2020: (1) (2)The amount of the fee $10,134/residential unit $56,749/commercial and industrial acre (3)Beginning Balance (07/01/20)11,023,820$ Adjustment for Reserve Ending Balance (06/30/21)10,948,778$ (4)Amount of Fees Collected -$ Interest Earned 13,068$ Other Revenues 48,000$ Total FY 2020/21 Revenues 61,068$ (5)Contract/Maintenance Services 7,756$ Princeton Ave Widening (C0020)125,744$ Total Cost of Project 125,744$ % of project funded by fees:100% LA Ave Widening Spring-Mpk(C0021)2,180$ Total Cost of Project 2,180$ % of project funded by fees:100% LA Ave Medians (C0026)-$ Total Cost of Project -$ % of project funded by fees:0% Total FY 2020/21 Expenses 135,680$ (6)The FY 2021/22 adopted budget includes: Contract/Maintenance Services 10,000$ Princeton Ave Widening (C0020)5,465,445$ LA Ave Widening Spring/Moorpark (C0021)1,019,689$ Spring Road Widening (C0022)774,568$ LA Ave Medians (C0026)-$ Widening @ LA Ave/ Shasta (C0030)49,558$ LA Avenue Undergrounding (C0033)441,021$ Signal Improve Spring/Charles (C0060)125,000$ LA Ave Traffic Signals/Fiber Optic Upgrade (M0040)935,655$ Property Tax & SBA 113$ Total FY 2020/21 Adopted Budget 8,821,049$ 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 financing on an incomplete public improvement and the public improvement remains incomplete. Fund 2014 – Los Angeles Avenue Area of Contribution Item Description Response A brief description of the type of fee in the account or fund The beginning and ending balance of the account or fund The amount of the fees collected and the interest earned An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2020/21, including the total percentage of the cost of the public improvement that was funded with fees Many of these projects will require year(s) to be completed. Fees for street and related improvements to specific project areas to fund infrastructure enhancements as a result of additional development. Fund 2014 – Los Angeles Avenue Area of Contribution Item Description Response (7)Interfund Transfers: Princeton Ave Widening (C0020)-$ LA Ave Widening Spring/Moorpark (C0021)-$ Spring Road Widening (C0022)-$ LA Ave Medians (C0026)430$ Widening @ LA Ave/ Shasta (C0030)-$ New LA Ave Undergrd (C0033)-$ Signal Improve Spring/Charles (C0060)-$ LA Ave Traffic Signal Fiber Optic Upgrade (M0040)-$ Total 430$ Interfund Loans: Loan to Tierra Rejada AOC 30,073$ Tierra Rejada Median Landscape project (8042) Original amount $177,006 Date of Repayment: $146,932 was paid on 6/30/2017 Interest Rate of Loan: 0.00% Total 30,073$ (8)Refunds Made: -$ Allocations Made:-$ Additional Comments: 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. For information on pending and planned capital projects, refer to 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 City's Community Development Department. Engineering City Staff cost reimbursement for the following: 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. (1) (2)The amount of the fee $9,142.13/residential unit $51,195.93/commercial and industrial acre (3)The beginning and ending balance of the Beginning Balance (07/01/20)(27,882)$ account or fund Ending Balance (06/30/21)127,786$ (4)Amount of Fees Collected 151,467$ Interest Earned 4,201$ Other Revenues -$ Total FY 2020/21 Revenues 155,668$ (5)None -$ Total FY 2020/21 Expenses -$ (6)None -$ Total FY 2020/21 Adopted Budget -$ The amount of the fees collected and the interest earned Fund 2015 – Tierra Rejada Road / Spring Road Area of Contribution Item Description Response A brief description of the type of fee in the account or fund An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2019/20, including the total percentage of the cost of the public improvement that was funded with fees 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 financing on an incomplete public improvement and the public improvement remains incomplete. Fees for street and related improvements to specific project areas to fund infrastructure enhancements as a result of additional development. Fund 2015 – Tierra Rejada Road / Spring Road Area of Contribution Item Description Response (7)Interfund Transfers: Total -$ Interfund Loans: Loan from Los Angeles Ave AOC (30,073)$ Tierra Rejada Median Landscape project (M0016) - Original amount $177,006 Date of Repayment: $146,932 was paid on 6/30/2017 Interest Rate of Loan: 0.00% Total (30,073)$ (8)Refunds Made -$ Allocations Made -$ Additional Comments 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. For information on pending and planned capital projects, refer to 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 City's Community Development Department. There are three development projects remaining that will pay an estimated $889K into this fund:Home Depot site (12 acres), Patriot Commerce (2.59 acres) and 13960 Peach Hill Road site (2.78 acres). The amount of refunds made pursuant to subdivision (e) of Section 66001 of the Code and any allocations pursuant to subdivision (f)of Section 66001 of the Code. (1) (2)The amount of the fee* (3)Beginning Balance (07/01/20)105,225$ Ending Balance (06/30/21)105,399$ (4)Amount of Fees Collected -$ Interest Earned 174$ Other Revenues -$ Total FY 2020/21 Revenues 174$ (5)None -$ Total FY 2020/21 Expenses -$ (6)None -$ Total FY 2020/21 Adopted Budget $ - * Rescinded per Resolution No. 2017-3587 dated 3/15/2017 The beginning and ending balance of the account or fund An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2019/20, including the total percentage of the cost of the public improvement that was funded with fees The amount of the fees collected and the interest earned 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 financing on an incomplete public improvement and the public improvement remains incomplete. Fund 2016 – Casey Road/Gabbert Road Area of Contribution Item Description Response A brief description of the type of fee in the account or fund Fees for street and related improvements to specific project areas to fund infrastructure enhancements as a result of additional development. Fund 2016 – Casey Road/Gabbert Road Area of Contribution Item Description Response (7)Interfund Transfers: Total -$ Interfund Loans:-$ Total -$ (8)Refunds Made: -$ Allocations Made:-$ 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. Additional Comments: 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. For information onpending and planned capital projects, refer to 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 City's Community Development Department. (1) (2)The amount of the fee Negotiated with developers based upon the estimated impact of development on the Fremont Storm drain. (3)Beginning Balance (07/01/20)17,617$ Ending Balance (06/30/21)17,647$ (4)Amount of Fees Collected -$ Interest Earned 29$ Other Revenues -$ Total FY 2020/21 Revenues 29$ (5)None -$ Total FY 2020/21 Expenses -$ (6)None -$ Total FY 2020/21 Adopted Budget $ - The beginning and ending balance of the account or fund The amount of the fees collected and the interest earned An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2019/20, including the total percentage of the cost of the public improvement that was funded with fees 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 financing on an incomplete public improvement and the public improvement remains incomplete. Fund 2017 – Fremont Storm Drain AOC Item Description Response A brief description of the type of fee in the account or fund Fees for Fremont Storm Drain and related improvements as a result of additional development. Fund 2017 – Fremont Storm Drain AOC Item Description Response (7)Interfund Transfers: Total -$ Interfund Loans:-$ Total -$ (8)Refunds Made: -$ Allocations Made:-$ 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. Additional Comments: 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. For information on pending and planned capital projects, refer to 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 City's Community Development Department. (1) (2)The amount of the fee Negotiated with developers based upon the estimated impact of development on the Noise Attenuation. (3)Beginning Balance (07/01/20)26,403$ Ending Balance (06/30/21)26,446$ (4)Amount of Fees Collected -$ Interest Earned 44$ Other Revenues -$ Total FY 2020/21 Revenues 44$ (5)None -$ Total FY 2020/21 Expenses -$ (6)None -$ Total FY 2020/21 Adopted Budget $ - The beginning and ending balance of the account or fund Fund 2020 – Walnut Canyon Traffic Noise Attenuation Item Description Response A brief description of the type of fee in the account or fund Fees for Noise Attenuation from the Newhall Ranch Specific Plan (NRSP) Mitigation Measure 4.9-16. The amount of the fees collected and the interest earned An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2019/20, including the total percentage of the cost of the public improvement that was funded with fees 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 financing on an incomplete public improvement and the public improvement remains incomplete. Fund 2020 – Walnut Canyon Traffic Noise Attenuation Item Description Response (7)Interfund Transfers: Total -$ Interfund Loans:-$ Total -$ (8)Refunds Made: -$ Allocations Made:-$ For information on pending and planned capital projects, refer to 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 City's Community Development Department. 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. 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. Additional Comments: (1) (2)The amount of the fee $1,167/residential unit $0.75/commercial and industrial square foot (3)Beginning Balance (07/01/20)(1,072,405)$ Ending Balance (06/30/21)(965,914)$ (4)Amount of Fees Collected 103,723$ Interest Earned 2,768$ Other Revenues -$ Total FY 2020/21 Revenues 106,491$ (5)None -$ Total FY 2020/21 Expenses -$ (6)None -$ Total FY 2020/21 Adopted Budget $- The beginning and ending balance of the account or fund The amount of the fees collected and the interest earned An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement in FY 2019/20, including the total percentage of the cost of the public improvement that was funded with fees An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement and the public improvement remains incomplete. Fund 3002 – Police Facilities Response A brief description of the type of fee in the account or fund Item Description Fees are collected by Building and Safety prior to issuance of building permits for construction of police facilities within the City to fund the increased demand for police services as a result of additional development. Fund 3002 – Police Facilities ResponseItem Description (7)Interfund Transfers: Total -$ Interfund Loans: Interfund Loans, balance 7/1/2020 1,075,812$ 2020/21 loan payment -$ Total 1,075,812$ (8)Refunds Made: -$ Allocations Made:-$ A non-interest bearing loan was received from the Endowment Fund (2018) for the construction of the Police Services Center building. Future development fees were pledged to repay the loan. 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. For information on pending and planned capital projects, refer to 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 City's Community Development Department. Additional Comments: 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.