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HomeMy WebLinkAboutAGENDA REPORT 2013 1204 CCSA REG ITEM 10C ITEM 10.C. CITY OF MOORPARK,CALIFORNIA City Council Meeting ACTION• . MOORPARK CITY COUNCIL AGENDA REPORT BY: 11°71111 TO: Honorable City Council FROM: Ron Ahlers, Finance Director(24--- Prepared by: Irmina Lumbad, Budget and Finance Manage DATE: November 1, 2013 (CC Meeting of December 4, 2013) SUBJECT: Consider the Report Titled "Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2012/2013" BACKGROUND 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. Public facilities include public improvements, public services and community amenities. The Code 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 and 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 days (15) after this information is made public. DISCUSSION 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. 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 2012/2013". The report, based on the City's 30 Honorable City Council December 4, 2013 Page 2 unaudited financial records, relates to transactions made during the fiscal year that concluded on June 30, 2013. 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. STAFF RECOMMENDATION Receive and file report. Attachment 1: "Accounting of Fund Information as Required by Section 66006 of the California Code for Fiscal Year 2012/2013" 31 sNikor 017 00 ■;# reo City of of Moorpark, California Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2012/2013 Scheduled for Public Review at the City Council Meeting of December 4, 2013 32 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) 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. 33 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 with the purpose of account or fund 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 Districts guidelines. (3) The beginning and ending balance of the Beginning Balance(07/01/12) $ 5,650,752 account or fund Ending Balance(06/30/13) $ 5,416,459 (4) The amount of the fees collected and the Amount of Fees Collected $ 68,358 interest earned Interest Earned $ 5,234 Others(Sale of Plans/Specifications/Reimbursements) $ 880 Total Revenues $ 74,472 (5) An identification of each public improvement City Staff Costs $ 23,383 on which fees were expended and the Other Contractual Services $ 6,625 amount of the expenditures on each Transit Operations(CNG bus) 227298.62 improvement in FY12/13, including the total Natural Gas(CNG bus fuel) $ 47,935 percentage of the cost of the public Refunds/Reimbursements not subject to item§66001 improvement that was funded with fees (e) $ - Metrolink South Second Entrance(8056) $ 3,523 Total Cost of Project $ 74,955 %of project funded by fees: 5% Total Expenses $ 308,765 (6) An identification of an approximate date by For FY 13/14, $670,389 of the fund has been budgeted for the following which the construction of the public capital improvement projects: $442,400 for AVCP Bike Path Extension improvement will commence if the local (7713), $159,989 for Metrolink South Parking (8056), and $68,000 for agency determines that sufficient funds have Sidewalk & Bike Lane AVRC (8086). $24,393 or 20% of one (1) been collected to complete public Management Analyst's salaries/benefits and $332,400 for City transit improvement and the public improvement operating costs(including natural gas). remains incomplete (7) A description of each interfund transfer or Interfund Transfers: loan made from the account or fund, including $ - the public improvement on which the $ - transferred or loaned fees will be expended, Total $ - 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 Allocations Made: $ - subdivision(f)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. • 34 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 flows generated account or fund 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 (07/01/12) $ 13,415,224 account or fund Ending Balance(06/30/13) $ 12,267,901 (4) The amount of the fees collected and the Amount of Fees Collected $ 448,301 interest earned Interest Earned $ 13,677 Rents-Tenants $ 10,505 Others (Sale of Plans/Specs/Reimbursements) $ 570 Total Revenues $ 473,054_ (5) An identification of each public improvement on Staff Costs $ - which fees were expended and the amount of Contractual Services $ - the expenditures on each improvement in FY Refunds/Reimbursements not subject to item § 12/13, including the total percentage of the cost 66001 (e) $ - of the public improvement that was funded with fees. Slurry Seal Citywide (8002) $ 218,236 Total Cost of Project $ 856,877 % of project funded by fees: 25% North Hills Parkway(8061) * $ (293,259) Total Cost of Project $ 100,105 % of project funded by fees: -293% 23 Fwy Sound Wall @ Tierra Rejada Rd (8079) $ 1,677,119 * Reflects FY10/11 expenditures adjusted to Total Cost of Project $ 1,677,119 Traffic Congestion Relief Fund(2610) %of project funded by fees: 100% Total Expenses $ 1,602,097 (6) An identification of an approximate date by For FY 13/14, a total of $1,668,600 has been budgeted for the which the construction of the public following projects: North Hills Parkway (8061) -$1,380,500; and 23 improvement will commence if the local agency Freeway Sound Wall at Tierra Rejada Road (8079) - $288,100. These determines that sufficient funds have been are significant projects that are expected to require all the available collected to complete public improvement and funds in this account to complete. the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the Planning/Engineering City Staff cost public improvement on which the transferred or reimbursement-23 Fwy Sound Wall @ Tierra loaned fees will be expended, and in the case Rejada Rd (8079) $ 15,250 of an interfund loan, the date on which the loan Engineering City Staff cost reimbursement- North will be repaid, and the rate of interest that the Hills Parkway(8061) $ 3,030 account or fund will receive on the loan Total Interfund Transfers $ 18,280 Interfund Loans: $ - 35 Fund 2002—Citywide Traffic Mitigation Fund Item Description Response (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. 36 Fund 2003 — Crossing Guard Fund Item Description I 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 (07/01/12) $ 238,636 account or fund Ending Balance (06/30/13) $ 307,781 (4) The amount of the fees collected and the Amount of Fees Collected $ 96,353 interest earned Interest Earned $ 328 Total Revenues $ 96,681 (5) An identification of each public improvement on Crossing Guard Expenses $ 27,537 which fees were expended and the amount of Total Cost of Project(s) $ 62,090 the expenditures on each improvement in FY % of project funded by fees: 44% 12/13, including the total percentage of the cost of the public improvement that was funded with Refunds/Reimbursements not fees subject to item §66001 (e) $ - Total Expenses $ 27,537 (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 from determines that sufficient funds have been developers to offset the cost for five years only at collected to complete public improvement and impacted intersections. Approximately $28,520 has the public improvement remains incomplete been budgeted for FY 13/14 to provide for crossing guard services. (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: None 37 Fund 210X— Park Improvement Funds Item Description Response (1) A brief description of the type of fee in the Quimby fees (Developer payments in lieu of dedicating park account or fund 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. This section includes six funds: Community Wide; Parks Zone Development 1 to 3; Bikepath/Multi-Use Trails and Municipal Pool. (2) The amount of the fee 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). (3) The beginning and ending balance of the Beginning Balance (07/01/12) $ (653,197) account or fund (consolidated) Ending Balance (06/30/13) $ (445,524) (4) The amount of the fees collected and the Other Development Fees $ - interest earned Amount of Fees Collected $ - Fees in Lieu of Park Land $ 193,821 Interest Earned $ 693 Rents/Concessions $ 13,158 Total Revenues $ 207,673 (5) An identification of each public improvement on Contractual Services $ - which fees were expended and the amount of Refunds/Reimbursements not subject the expenditures on each improvement in to item §66001 (e) $ - FY12/13, including the total percentage of the Interest Expense $ - cost of the public improvement that was funded with fees Total Expenses $ - (6) An identification of an approximate date by For FY 13/14, $372,000 has been budgeted for AV Sports which the construction of the public Fields (7022) 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 Interfund Loans: $ 941,400 be repaid, and the rate of interest that the account or fund will receive on the loan On April 1, 2009, City Council approved an interfund loan of up to$1.5M from the Special Projects Fund (4004) to Parks Zone Development 1 Fund (2111) to partially fund the design and construction of the Poindexter Park Expansion Project(7801). The loan cost is a variable interest rate based on the average interest rate earned by LAIF from the previous year. The principal and interest will be repaid as new development and parkland fees are collected. $58,600 was paid in FY 12/13, reducing the principal amount from $1.0M to $941,400. 38 Fund 210X— Park Improvement Funds Item Description Response (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. 39 Fund 2150 -Tree & Landscaping Fund Item Description I 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 (07/01/12) $ 104,119 account or fund Ending Balance (06/30/13) $ 104,265 (4) The amount of the fees collected and the Amount of Fees Collected $ 28 interest earned Interest Earned $ 118 Total Revenues $ 146 (5) An identification of each public improvement on No fees expended in FY 12/13 $ - which fees were expended and the amount of the expenditures on each improvement in FY 12/13, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ - (6) An identification of an approximate date by No appropriations were budgeted for FY 13/14. 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 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, Commercial and Industrial Quarterly Status Report" prepared by the Community Development Department. 40 Fund 2151 -Art In Public Places Item Description J 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 1% of total building valuation (single family, multi- family, mobilehome, commerical, industrial) (3) The beginning and ending balance of the Beginning Balance (07/01/12) $ 1,752,549 account or fund Ending Balance (06/30/13) $ 1,922,768 (4) The amount of the fees collected and the Amount of Fees Collected $ 168,469 interest earned Interest Earned $ 2,793 Other Revenues $ - Total Revenues $ 171,262_ (5) An identification of each public improvement on Special Professional Services $ 1,043 which fees were expended and the amount of the expenditures on each improvement in FY 12/13, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ 1,043 (6) An identification of an approximate date by For FY 13/14, the Assistant City Manager will oversee which the construction of the public the completion of two capital improvement projects improvement will commence if the local agency listed here. Thus, $13,600 or 5% of of his determines that sufficient funds have been salaries/benefits are charged to the fund together with collected to complete public improvement and project costs of $150,000 for High Street Art in Public the public improvement remains incomplete Places (7708) and $150,000 for AVRC Art in Public Places (7709). (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 lnterfund 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, Commercial and Industrial Quarterly Status Report", prepared by the Community Development Department. 41 Fund 2154 - Library Facilities Fund Item Description I 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/multi-family dwelling, per unit $612.06/mobilehome, per unit $0.37/commercial and industrial square foot (3) The beginning and ending balance of the Beginning Balance(07/01/12) $ 1,270,625 account or fund Ending Balance (06/30/13) $ 1,277,549 (4) The amount of the fees collected and the Amount of Fees Collected $ 18,718 interest earned Interest Earned $ 1,486 Total Revenues $ 20,205 (5) An identification of each public improvement on Contract Services $ - which fees were expended and the amount of Operating Supplies $ - the expenditures on each improvement in FY Furnitures & Fixtures $ - 12/13, including the total percentage of the cost Equipment $ 13,280 of the public improvement that was funded with fees Total Expenses $ 13,280 (6) An identification of an approximate date by For FY 13/14, the City budgeted $30,000 for contract which the construction of the public services to software licensing upgrades, advertising, legal improvement will commence if the local agency and property maintenance services. $50,000 for new determines that sufficient funds have been security camera, furnitures and computer replacements. 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: 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. 42 Fund 2501 —Los Angeles Avenue Area of Contribution Fund Item Description Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific project areas account or fund to fund infrastructure enhancements as a result of additional development. (2) The amount of the fee $ 7,807/residential unit $43,717/commercial and industrial acre (3) The beginning and ending balance of the Beginning Balance(07/01/12) $ 11,762,566 account or fund Adjustment for Reserve Ending Balance(06/30/13) $10,976,709 (4) The amount of the fees collected and the Amount of Fees Collected $ 201,240 interest earned Interest Earned $ 10,973 Others (Sale of Plans/Specs/Reimbursements) $ - Total Revenues $ 212,213 (5) An identification of each public improvement on Special Professional Services $ 14,348 which fees were expended and the amount of the expenditures on each improvement in FY Princeton Ave Widening (8012) $ 41,700 12/13, including the total percentage of the cost Total Cost of Project $ 41,700 of the public improvement that was funded with % of project funded by fees: 100% fees Spring Road Rail Crossing (8039) $ 693,723 Total Cost of Project $ 856,751 % of project funded by fees: 81% Widening @ LA Ave/Shasta (8058) $ 19,187 Total Cost of Project $ 19,187 * Reflects refund of escrow deposit for % of project funded by fees: 100% acquisition property paid in FY11/12. LA Avenue Undergrounding (8066) $ 242 Total Cost of Project $ 242 % of project funded by fees: 100% 530 Moorpark Avenue(8082) * $ (9,870) Total Cost of Project $ (29,910) % of project funded by fees: 33% Moorpark Ave Left Turn Lane (8087) $ 200,000 Total Cost of Project $ 200,000 % of project funded by fees: 100% Total Expenses $ 959,329 (6) An identification of an approximate date by In FY 13/14, $5,732,300 of this fund has been appropriated as which the construction of the public follows: $27,100 or 10% of Assistant City Manager staff cost improvement will commence if the local agency Princeton Widening (8012) -$880,300 determines that sufficient funds have been LA Ave Widening-Spring Rd/Moorpark Ave (8013) - $1,582,300 collected to complete public improvement and Spring Road Widening (8026) - $855,700 the public improvement remains incomplete Spring Rd Rail Crossing (8039) - $1,111,100 LA Ave Median (8047)-$42,600 Widening at LA Ave/Shasta-$621,100 LA Ave Undergrounding (8066) - $412,100 Moorpark Avenue Left Turn Lane (8087) -$200,000 Many of these projects will require two to three or more years for completion. 43 Fund 2501 —Los Angeles Avenue Area of Contribution Fund Item Description j Response (7) A description of each interfund transfer or loan Interfund Transfers made from the account or fund, including the Engineering City Staff cost reimbursement- public improvement on which the transferred or Princeton Ave Widening (8012) $ 5,185 loaned fees will be expended, and in the case Engineering City Staff cost reimbursement- of an interfund loan, the date on which the loan Spring Road Rail Crossing (8039) $ 12,705 will be repaid, and the rate of interest that the Engineering City Staff cost reimbursement- account or fund will receive on the loan Widening @ LA Ave/Shasta (8058) $ 11,805 Engineering City Staff cost reimbursement- LA Ave Undergrounding (8066) $ 5,160 Engineering City Staff cost reimbursement- 530 Moorpark Avenue (8082) $ 2,325 Engineering City Staff cost reimbursement- Moorpark Ave Left Turn Lane (8087) $ 1,560 Total Interfund Transfers $ 38,740 Interfund Loans Loan to Tierra Rejada AOC $ 177,006 Tierra Rejada Median Landscape project(8042) Date of Repayment: Not Specified Interest Rate of Loan: 0.00% Total Interfund Loans $ 177,006 (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 Section 66001 (of the Code) Allocations Made: $ - 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. 44 Fund 2502—Tierra Rejada Road/ Spring Road Area of Contribution Fund Item Description I Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific project account or fund areas to fund infrastructure enhancements as a result of additional development. (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 (07/01/12) $ (177,006) account or fund Ending Balance (06/30/13) $ (177,006) (4) The amount of the fees collected and the interest Amount of Fees Collected $ - earned Interest Earned $ - Revs Not Elsewhere Classified $ - Sale Plans/Specifications $ - Total Revenues $ - (5) An identification of each public improvement on No fees expended in FY 12/13 $ - which fees were expended and the amount of the expenditures on each improvement in FY 12/13, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ - (6) An identification of an approximate date by which No funds are appropriated for FY 13/14. The funds the construction of the public improvement will accumulated in this account are anticipated to be spent commence if the local agency determines that within the next five fiscal years on appropriate street sufficient funds have been collected to complete improvement programs. public improvement and the public improvement remains incomplete (7) A description of each inter-fund 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 Total Interfund Transfers $an interfund loan, the date on which the loan will be repaid, and the rate of interest that the Interfund Loans account or fund will receive on the loan Loan from Los Angeles Ave AOC $ 177,006 Tierra Rejada Median Landscape project (8042) Date of Repayment: Not Specified Interest Rate of Loan: 0.00% Total Interfund Loans $ 177,006 (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) 45 Fund 2502—Tierra Rejada Road /Spring Road Area of Contribution Fund Item Description I Response 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. There are three development projects remaining that will pay an estimated $1.2M into this fund: Peach Hill Site (2.78 acres); Home Depot site (12.768 acres) and Patriot Commerce (9 acres). 46 Fund 2503—Casey Road/Gabbert Road Area of Contribution Fund Item Description I Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific project account or fund areas to fund infrastructure enhancements as a result of additional development. (2) The amount of the fee $2,030/residential unit $6,428/commercial and industrial acre (3) The beginning and ending balance of the account Beginning Balance (07/01/12) $ 88,460 or fund Ending Balance (06/30/13) $ 88,560 (4) The amount of the fees collected and the interest Amount of Fees Collected $ 100 earned Interest Earned $ - Expense Reimbursements $ - Other Admin Service Fees $ - Total Revenues $ 100 (5) An identification of each public improvement on No fees expended during FY 12/13. which fees were expended and the amount of the expenditures on each improvement in FY 12/13, 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 No funds are appropriated for FY 13/14. The funds the construction of the public improvement will accumulated in this account are anticipated to be spent commence if the local agency determines that within the next five fiscal years on appropriate street sufficient funds have been collected to complete improvement programs. 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 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) 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, Commercial and Industrial Quarterly Status Report" prepared by the Community Development Department. 47 Fund 2504— Fremont Storm Drain AOC Item Description Response (1) A brief description of the type of fee in the Fees for Fremont Storm Drain and related improvements as account or fund a result of additional development. (2) The amount of the fee Negotiated with developers based upon the estimated impact of development on the Fremont Storm drain. (3) The beginning and ending balance of the Beginning Balance (07/01/12) $ 15,483 account or fund Ending Balance (06/30/13) $ 15,500 (4) The amount of the fees collected and the Amount of Fees Collected $ - interest earned Interest Earned $ 18 • Total Revenues $ 18 (5) An identification of each public improvement on No fees expended during FY 12/13. which fees were expended and the amount of the expenditures on each improvement in FY 12/13, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by No funds were appropriated in FY 13/14. The funds which the construction of the public accumulated in this account are anticipated to be spent improvement will commence if the local agency within the next five fiscal years on appropriate storm drain determines that sufficient funds have been improvements. 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, Commercial and Industrial Quarterly Status Report" prepared by the Community Development Department. 48 Fund 4002— Police Facilities Fund Item Description I Response (1) A brief description of the type of fee in the account Fees are collected by Building and Safety prior to issuance of building or fund permits for construction of police facilities within the City to fund the increased demand for police services as a result of additional development. (2) The amount of the fee $1,027/single family dwelling $1,027/multi-family dwelling, per unit $1,027/mobilehome, per unit $0.60/commercial and industrial square foot (3) The beginning and ending balance of the account or Beginning Balance(07/01/12) $ (1,870,158) fund Ending Balance(06/30/13) $ (1,849,205) (4) The amount of the fees collected and the interest Amount of Fees Collected $ 20,872 earned Interest Earned $ 81 Interfund Transfer $ - Total Revenues $ 20,953 (5) An identification of each public improvement on No fees expended during FY 12/13. which fees were expended and the amount of the expenditures on each improvement in FY 12/13, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ - (6) An identification of an approximate date by which the No funds were appropriated in FY 13/14. The funds accumulated in construction of the public improvement will this account are anticipated to be spent within the next five fiscal years commence if the local agency determines that on appropriate police facilities improvements. 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 Interfund Transfers: $ - from the account or fund, including the public improvement on which the transferred or loaned Total Interfund Transfers 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 Interfund Loans: $ 1,870,158 fund will receive on the loan Loan from Endowment fund for Police Services Facility Date of Repayment: As development fees are collected in future years Interest Rate of Loan: 0.00% Total Interfund Loans $ 1,870,158 (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 Section 66001 (of the Code) Allocations Made: $ 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. 49