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HomeMy WebLinkAboutAGENDA REPORT 2012 1205 CCSA REG ITEM 10I ITEM 10.1. MOORPARK CITY COUNCIL AGENDA REPORT .v_. TO: Honorable City Council )j FROM: Ron Ahlers, Finance Director 6C— Prepared by: Irmina Lumbad, Budget and Finance Manager DATE: November 13, 2012 (CC Meeting of December 5, 2012) SUBJECT: Consider the Report Titled "Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2011/2012" 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 2011/2012". The report, based on the City's 158 Honorable City Council December 5, 2012 Page 2 unaudited financial records, relates to transactions made during the fiscal year that concluded on June 30, 2012. 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 2011/2012" 159 2 ar A ^ 0,4q TF D ,J�1 City of Moorpark, California Accounting of Fund Information as Required by Section 66006 of the California Government Code Fiscal Year 2011/2012 Scheduled for Public Review at the City Council Meeting of December 5, 2012 160 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 thepublic improvement that was funded with fees; (6) An identification :Jot 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 rrermains 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. 161 Fund 2001 —Traffic Systems Management Fund Item Description I 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 District's guidelines. (3) The beginning and ending balance of the Beginning Balance(07/01/11) $ 5,754,938 account or fund Ending Balance(06/30/12) $ 5,650,752 (4) The amount of the fees collected and the Amount of Fees Collected $ 22,695 interest earned Interest Earned $ 74,352 Others(Sale of Plans/Specifications/Reimbursements) $ 1,158 Total Revenues $ 98,205 (5) An identification of each public improvement City Manager's&Community Devt Staff Costs $ 22,024 on which fees were expended and the Other Contractual Services $ 149,344 amount of the expenditures on each Natural Gas(CNG bus fuel) $ 16,021 improvement in FY11/12, including the total Refunds/Reimbursements not subject to item§66001 percentage of the cost of the public (e) $ - improvement that was funded with fees Metrolink South Second Entrance(8056) $ 13,968 Total Cost of Project $ 29,342 %of project funded by fees: 48% Total Expenses $ 201,357 (6) An identification of an approximate date by For FY 12/13, $237K of the fund has been budgeted for the following capital which the construction of the public improvement projects: $169K for Metrolink South Parking (8056), and $68 improvement will commence if the local for Sidewalk & Bike Lane AVRC (8086). $23K or 20% of one (1) agency determines that sufficient funds have Management Analyst's salaries/benefits and$208K for City transit operating been collected to complete public costs(including natural gas). improvement and the public improvement remains incomplete (7) A description of each interfund transfer or Interfund Transfers: loan made from the account or fund, including Engineering staff time charges-Metrolink South the public improvement on which the Second Entrance(8056) $ 575 transferred or loaned fees will be expended, Engineering staff time charges-AVRC Sidewalk& and in the case of an interfund loan, the date Bikelane(8086) $ 460 on which the loan will be repaid, and the rate Total $ 1,035 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 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. 162 Fund 2002—Citywide Traffic Mitigation Fund Item Description I 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(07/01/11) $ 13,317,408 account or fund Ending Balance(06130/12) $ 13,415,224 (4) The amount of the fees collected and the Amount of Fees Collected $ 242,475 interest earned Interest Earned $ 175,480 Others (Sale of Plans/Specs/Reimbursements) $ 3,865 Total Revenues $ 421,820 (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 § 11/12, including the total percentage of the cost 66001 (e) $ - of the public improvement that was funded with fees. North Hills Parkway(8061) $ 279,829 Total Cost of Project $ 279,829 % of project funded by fees: 100% 23 Fwy Sound Wall @ Tierra Rejada Rd (8079) $ 31,251 Total Cost of Project $ 31,251 %of project funded by fees: 100% Total Expenses $ 311,080 (6) An identification of an approximate date by For FY 12/13, a total of$3,912K has been budgeted for the following which the construction of the public projects: Moorpark Avenue Widening from Casey to Third Street improvement will commence if the local agency (8040) -$671K, 23 North Realignment (8045) -$22K, North Hills determines that sufficient funds have been Parkway (8061) -$1,455K and 23 Freeway Sound Wall at Tierra collected to complete public improvement and Rejada Road (8079) - $1,764K. These are significant projects that are the public improvement remains incomplete expected to require all the available funds in this account to complete. (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) $ 10,885 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) $ 2,040 account or fund will receive on the loan Total Interfund Transfers $ 12,925 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) 163 Fund 2002—Citywide Traffic Mitigation Fund Item Description 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. 164 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(07/01/11) $ 261,796 account or fund Ending Balance (06/30/12) $ 238,636 (4) The amount of the fees collected and the Amount of Fees Collected $ - interest earned Interest Earned $ 3,172 Total Revenues $ 3,172 (5) An identification of each public improvement on Crossing Guard Expenses $ 26,332 which fees were expended and the amount of Total Cost of Project(s) $ 60,977 the expenditures on each improvement in FY %of project funded by fees: 43% 11/12, 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 $ 26,332 (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 $26.81K has been the public improvement remains incomplete budgeted for FY 12/13 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 165 Fund 210X—Park Improvement Funds Item Description I 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(07/01/11) $ (792,521) account or fund (consolidated) Ending Balance(06130/12) $ (653,197) (4) The amount of the fees collected and the Other Development Fees $ - interest earned Amount of Fees Collected $ - Fees in Lieu of Park Land $ 100,000 Park Bond $ - Interest Earned $ 5,581 Rents/Concessions $ 37,543 Sale Plans/Specifications $ - Other Revenue $ - Total Revenues $ 143,124 (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 FY to item§66001 (e) $ - 11/12, including the total percentage of the cost Interest Expense $ 3,800 of the public improvement that was funded with fees Total Expenses $ 3,800 (6) An identification of an approximate date by No appropriations were budgeted in FY 12/13. which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan Interfund Loans: $ 1,000,000 will 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. 166 Fund 21 OX-Park Improvement Funds Item Description I 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. The $60K revenues collected in Parks Zone Development Fund 1 will be used to pay down the Interfund Loan in FY 2012/13. 167 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 development. (2) The amount of the fee $0.05/commercial and industrial square foot (3) The beginning and ending balance of the Beginning Balance (07/01/11) $ 101,825 account or fund Ending Balance(06/30/12) $ 104,119 (4) The amount of the fees collected and the Amount of Fees Collected $ 926 interest earned Interest Earned $ 1,368 Total Revenues $ 2,294 (5) An identification of each public improvement on No fees expended in FY 11/12 which fees were expended and the amount of the expenditures on each improvement in FY 11/12, 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 12/13. 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. 168 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 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 (07/01/11) $ 1,654,795 account or fund Ending Balance(06/30/12) $ 1,752,549 (4) The amount of the fees collected and the Amount of Fees Collected $ 75,114 interest earned Interest Earned $ 22,639 Other Revenues $ - Total Revenues $ 97,753 (5) An identification of each public improvement on No fees expended in FY 11/12. which fees were expended and the amount of the expenditures on each improvement in FY 11/12, 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 in FY 12/13. 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 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, Commercial and Industrial Quarterly Status Report" prepared by the Community Development Department. 169 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 (07/01/11) $ 1,254,025 account or fund Ending Balance (06/30/12) $ 1,270,625 (4) The amount of the fees collected and the Amount of Fees Collected $ 13,885 interest earned Interest Earned $ 16,614 Total Revenues $ 30,499 (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 $ - 11/12, including the total percentage of the cost Equipment $ 13,899 of the public improvement that was funded with fees Total Expenses $ 13,899 (6) An identification of an approximate date by For FY 12/13, the City budgeted $18.8K for contract which the construction of the public services to provide imaging and deployment of new improvement will commence if the local agency equipment, software licensing upgrades, legal and determines that sufficient funds have been landscape services. $49.7K for new security camera, collected to complete public improvement and furnitures and computer replacements. 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 (0 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. 170 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. i (2) The amount of the fee $ 7,807/residential unit $43,717/commercial and industrial acre I (3) The beginning and ending balance of the Beginning Balance (07/01/11) $11,733,981 account or fund Adjustment for Reserve Ending Balance(06/30/12) $11,762,566 (4) The amount of the fees collected and the Amount of Fees Collected $ 7,807 interest earned Interest Earned $ 152,436 Others (Sale of Plans/Specs/Reimbursements) $ - i Total Revenues $ 160,243 (5) An identification of each public improvement on Special Professional Services which fees were expended and the amount of the expenditures on each improvement in FY Princeton Ave Widening (8012) $ 94,998 11/12, including the total percentage of the cost Total Cost of Project $ 96,748 of the public improvement that was funded with % of project funded by fees: 98% fees LA Ave Widening Spr/Mrpk(8013) $ 3,754 Total Cost of Project $ 3,754 % of project funded by fees: 100% Spring Road Rail Crossing (8039) $ 7,216 Total Cost of Project $ 7,216 % of project funded by fees: 100% Widening @ LA Ave/Shasta (8058) $ 19 Total Cost of Project $ 19 % of project funded by fees: 100% LA Avenue Undergrounding (8066) $ 1,422 Total Cost of Project $ 1,422 % of project funded by fees: 100% j 530 Moorpark Avenue (8082) $ 11,550 Total Cost of Project $ 11,550 % of project funded by fees: 100% Total Expenses $ 118,958 171 Fund 2501 — Los Angeles Avenue Area of Contribution Fund Item Description Response (6) An identification of an approximate date by In FY 12/13, approximately $5,719K of this fund has been which the construction of the public appropriated as follows: improvement will commence if the local agency Princeton Widening (8012)-$953K determines that sufficient funds have been LA Ave Widening -Spring Rd/Moorpark Ave (8013)-$850K collected to complete public improvement and Spring Road Widening (8026)-$856K the public improvement remains incomplete Rail Crossing Improvements @ Spring Rd (8039)-$1,237K LA Ave Medians (8047)-$93K Widening @ LA Ave/Shasta (8058)-$1,116K LA Ave Undergrounding (8066)-$414K Moorpark Avenue Left Turn Lane (8087) -$200K Many of these projects will require two to three or more years for completion. (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) $ 2,650 loaned fees will be expended, and in the case Planning/Engineering City Staff cost of an interfund loan, the date on which the loan reimbursement- LA Ave Widening Spring will be repaid, and the rate of interest that the Rd/Moorpark Ave(8013) $ 1,785 account or fund will receive on the loan Engineering City Staff cost reimbursement- Spring Road Rail Crossing (8039) $ 2,430 Engineering City Staff cost reimbursement- Widening @ LA Ave/Shasta (8058) $ 3,005 LA Ave Undergrounding (8066) $ 2,830 Total Interfund Transfers $ 12,700 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. 172 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 (07/01/11) $ (177,006) account or fund Ending Balance(06/30/12) $ (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 11/12 which fees were expended and the amount of the expenditures on each improvement in FY 11/12, 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 12/13. 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 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) 173 Fund 2502—Tierra Rejada Road/Spring Road Area of Contribution Fund Item Description 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). 174 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(07/01/11) $ 85,264 or fund Ending Balance(06130112) $ 88,460 (4) The amount of the fees collected and the interest Amount of Fees Collected $ 2,030 earned Interest Earned $ 1,166 Expense Reimbursements $ - Other Admin Service Fees $ - Total Revenues $ 3,196 (5) An identification of each public improvement on No fees expended during FY 11/12. which fees were expended and the amount of the expenditures on each improvement in FY 11/12, 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 12/13. 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. Fo additional information about future development fee revenues, see the "Residential, Commercial and Industrial Quarterly Status Report" prepared by the Community Development Department. 175 Fund 2504— Fremont Storm Drain AOC Item Description I 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 (07/01/11) $ 15,280 account or fund Ending Balance(06/30/12) $ 15,483 (4) The amount of the fees collected and the Amount of Fees Collected $ - interest earned Interest Earned $ 203 Total Revenues $ 203 (5) An identification of each public improvement on No fees expended during FY 11/12. which fees were expended and the amount of the expenditures on each improvement in FY 11/12, 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 12/13. 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. 176 Fund 4002— Police Facilities Fund Item Description 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(07/01/11) $ (1,886,590) fund Ending Balance(06/30/12) $ (1,870,158) (4) The amount of the fees collected and the interest Amount of Fees Collected $ 16,432 earned Interest Earned $ - Interfund Transfer Total Revenues $ 16,432 (5) An identification of each public improvement on No fees expended during FY 11/12. which fees were expended and the amount of the expenditures on each improvement in FY 11/12, 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 12/13. 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 Allocations Made: $ - 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. 177