HomeMy WebLinkAboutAGENDA REPORT 2011 1116 CC REG ITEM 10FMOORPARK CITY COUNCIL
AGENDA REPORT
ITEM 10.F.
'' +4N Council h+:eeiin�s
TO: Honorable City Council n
FROM: Ron Ahlers, Finance DirectorlX�-
Prepared by: Irmina Lumbad, Budget and Finance Manager
DATE: October 18, 2011 (CC Meeting of November 16, 2011)
SUBJECT: Consider the Report Titled "Accounting of Fund Information as
Required by Section 66006 of the California Government Code for
Fiscal Year 2010/2011"
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.
..
Honorable City Council
November 16, 2011
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 2010/2011". The report, based on the City's
unaudited financial records, relates to transactions made during the fiscal year that
concluded on June 30, 2011.
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 said report.
Attachment 1: "Accounting of Fund Information as Required by Section 66006 of
the California Code for Fiscal Year 2010/2011"
M
City of Moorpark, California
Accounting of Fund Information as Required by Section 66006 of the
California Government Code
for
Fiscal Year 2010/2011
Scheduled for Public Review at the City Council Meeting
of
November 16, 2011
91
Overview
In compliance with Sections 66000 - 66006 of the California Government Code (Code), the City of
Moorpark is required to provide a separate accounting for funds from which revenues are derived
from developer fees and the proceeds of such fees are used to provide public facilities.
The Code provides the following definitions:
Fee: ". . . a monetary exaction other than a tax or special assessment, whether
established for a broad class of projects by legislation of general applicability or
imposed on a specific project on an ad hoc basis, that is charged by a local agency to
the applicant in connection with approval of a development project for the purpose of
defraying all or a portion of the cost of public facilities related to the development
project."
Public Facilities: "... includes public improvements, public services and community
amenities."
Also, the Code requires the following information be reported for each fund holding such fees:
(1) A brief description of the type of fee in the account or fund;
(2) The amount of the fee;
(3) The beginning balance and ending balance of the account or fund;
(4) The amount of the fees collected and the interest earned;
(5) An identification of each public improvement on which fees were expended and the
amount of the expenditures on each improvement, including the total percentage of
the cost of the public improvement that was funded with fees;
(6) An identification of an approximate date by which the construction of the public
improvement will commence of the local agency determines that sufficient funds have
been collected to complete financing on an incomplete public improvement and the
public improvement remains incomplete;
(7) A description of each interfund transfer or loan made from the account or fund,
including the public improvement on which the transferred or loaned fees will be
expended, and in case of an interfund loan, the date on which the loan will be repaid,
and the rate of interest that the account or fund will receive on the loan; and,
(8) The amount of refunds made pursuant to subdivision (e) of Section 66001 of the Code
and any allocations pursuant to subdivision (f) of Section 66001 of the Code.
The following pages provide the information required by the Code for each fund which holds
developer fees which defray all or a portion of the cost of public facilities related to development
projects. Additional information as required by Section 66000 (d) is also contained in the report.
92
Fund 2001 — Traffic Systems Management Fund
93
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 (07/01/10) $ 6,079,042
account or fund
Ending Balance (06130111) $ 5,754,938
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 51,684
interest earned
Interest Earned $ 76,028
Others (Sale of Plans /Specifications /Reimbursements) $ 4,097
Total Revenues $ 131,809
(5)
An identification of each public improvement
City Manager's & Community Devt Staff Costs $ 19,516
on which fees were expended and the
Other Contractual Services $ 115,392
amount of the expenditures on each
Natural Gas (CNG bus fuel) $ 16,926
improvement in FY10111, including the total
Refunds /Reimbursements not subject to item § 66001
percentage of the cost of the public
(e) $ 1,709
improvement that was funded with fees
Metrolink South Second Entrance (8056) $ 300,960
Total Cost of Project $ 492,206
% of project funded by fees: 61%
LA Ave Undergrounding (8066) $ 1,409
Total Cost of Project $ 4,569
% of project funded by fees: 31%
Total Expenses $ 455,912
(6)
An identification of an approximate date by
For FY 11/12, $242K of the fund has been budgeted for the following
which the construction of the public
capital improvement projects: $166K for Metrolink South Parking (8056),
improvement will commence if the local
$10K for LA Ave Undergrounding (8066) and $66K for Sidewalk & Bike
agency determines that sufficient funds have
Lane AVRC (8086). $21K or 20% of one (1) Management Analyst
been collected to complete public
salaries /benefits, $208K for City transit operating costs (including natural
improvement and the public improvement
gas) and $27K transfer to other fund for administrative and engineering
remains incomplete
staff costs to administer the projects.
(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, and in the case of an interfund
loan, the date on which the loan will be
Interfund Loans: $ _
r2paid, 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
Allocations Made: $ _
subdivision (f) of Section 66001 (of the Code)
93
Fund 2001 —Traffic Systems Management 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.
•,
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 o
development on traffic flow within the City.
(3)
The beginning and ending balance of the
Beginning Balance (07/01/10)
$ 13,539,930
account or fund
Ending Balance (06/30/11)
$ 13,397,408
(4)
The amount of the fees collected and the
Amount of Fees Collected
$ 214,519
interest earned
Interest Earned
$ 175,116
Others (Sale of Plans /Specs /Reimbursements)
$ 1,596
Total Revenues
$ 391,231
(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 §
10111, including the total percentage of the cost
66001(e)
$ 6,000
i
of the public improvement that was funded with
fees.
23 North Alignment (8045)
$ 21,512
I
Total Cost of Project
$ 21,512
% of project funded by fees:
100%
North Hills Parkway (8061)
$ 451,385
Total Cost of Project
$ 451,385
% of project funded by fees:
100%
23 Fwy Sound Wall @ Tierra Rejada Rd (8079)
$ 117,436
Total Cost of Project
$ 134,856
% of project funded by fees:
87%
I
Total Expenses
$ 596,333
(6)
An identification of an approximate date by
For FY 11112, a total of $5,010K 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) - $666K, North Hills Parkway (8061) - $2,608K and 23 Freeway
determines that sufficient funds have been
Sound Wall at Tierra Rejada Road (8079) -
$1,736K. These are
collected to complete public improvement and
significant projects that are expected to require all the available funds
the public improvement remains incomplete
in this account to complete. $23K has been appropriated
for interfund
transfers for planning and engineering staff time
relating to these
projects.
(7)
A description of each interfund transfer or loan
Interfund Transfers:
made from the account or fund, including the
Planning City Staff cost reimbursement - 23 Fwy
public improvement on which the transferred or
Sound Wall @ Tierra Rejada Rd (8079)
$ 17,420
loaned fees will be expended, and in the case
j
of an interfund loan, the date on which the loan
will be repaid, and the rate of interest that the
Total Interfund Transfers
$ 17,420
account or fund will receive on the loan
I
i
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)
dditional Comments:
For information about pending and planned capital projects, see the
Fund 2002 — Citywide Traffic Mitigation Fund
Item Description
Response
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.
I
I
• M
Fund 2003 — Crossing Guard Fund
97
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 (07/01/10) $ 323,606
account or fund
Ending Balance (06130/11) $ 261,796
(4)
The amount of the fees collected and the
Amount of Fees Collected $ -
interest earned
Interest Earned $ 3,575
Total Revenues $ 3,575
(5)
An identification of each public improvement on
Crossing Guard Expenses $ 15,304
which fees were expended and the amount of
Total Cost of Project(s) $ 15,304
the expenditures on each improvement in FY
% of project funded by fees: 100%
10/11, including the total percentage of the cost
of the public improvement that was funded with
Refunds /Reimbursements not
fees
subject to item § 66001 (e) $ 50,081
Total Expenses $ 65,384
(6)
An identification of an approximate date by
The fees collected in this account are used to partial)
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 $26K has been
the public improvement remains incomplete
budgeted for FY 11/12 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
1 11
97
Fund 21OX — Park Improvement Funds
HE
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.
Includes
funds for municipal pool and bike path.
(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 (07/01/10)
$ (23,636)
account or fund
Ending Balance (06/30/11)
$ (783,350)
(4)
The amount of the fees collected and the
Other Development Fees
$ -
interest earned
Amount of Fees Collected
$ -
Fees in Lieu of Park Land
$ 13,668
Park Bond
$ -
Interest Earned
$ 6,456
Rents /Concessions
$ -
Sale Plans /Specifications
$ -
Other Revenue
$ -
Total Revenues
$ 20,123
(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)
$ 314,275
10/11, including the total percentage of the cost
Interest Expense
$ 4,900
of the public improvement that was funded with
fees
AV Sports Field (7022)
$ 100,135
Total Cost of Project
$ 100,135
% of project funded by fees:
100%
College View Basketball Crt (7028)
$ 74,637
Total Cost of Project
$ 74,637
% of project funded by fees:
100%
Glenwood Park (7813)
$ 285,890
Total Cost of Project
$ 320,244
% of project funded by fees:
89%
Total Expenses
$ 779,838
(6)
An identification of an approximate date by
$150K park improvement projects are planned for FY 11/12.
which the construction of the public
The major projects include improvements at AV Sports Field,
improvement will commence if the local agency
Glenwood Park, Monte Vista Park and Mountain Meadows
determines that sufficient funds have been
Park.
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:
$ 1,000,000
be repaid, and the rate of interest that the
HE
Fund 21 OX — Park Improvement Funds
Item Description
Response
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 Park Improvement Zone 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.
(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
..
Fund 2150 - Tree & Landscaping Fund
100
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 (07/01/10) $ 124,878
account or fund
Ending Balance (06130/11) $ 101,825
The amount of the fees collected and the
Amount of Fees Collected $ 1,346
interest earned
Interest Earned $ 1,357
Total Revenues $ 2,703
(5)
An identification of each public improvement on
City Entry Signs (7110) $ 1,386
which fees were expended and the amount of
Total Cost of Project $ 1,939
the expenditures on each improvement in FY
% of project funded by fees: 71%
10/11, including the total percentage of the cost
of the public improvement that was funded with
Mountain Trail Overlay (8083) $ 24,370
fees
Total Cost of Project $ 642,128
% of project funded by fees: 4%
Total Expenses $ 25,756
(6)
An identification of an approximate date by
No appropriations were budgeted for FY 11/12.
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.
100
Fund 2151 - Art In Public Places
101
Item Description
I 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 (07/01/10) $ 1,549,137
account or fund
Ending Balance (06/30/11) $ 1,654,795
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 84,028
interest earned
Interest Earned $ 21,285
Other Revenues $ 346
Total Revenues $ 105,659
(5)
An identification of each public improvement on
No fees expended in FY 10/11.
which fees were expended and the amount of
the expenditures on each improvement in FY
10/11, 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 11/12.
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. I
101
Fund 2154 - Library Facilities Fund
102
Item Description
Response
(1)
A brief description of the type of fee in the
Fees to provide additional library facilities to
account or fund
accommodate demand for library services caused by
additional development.
(2)
The amount of the fee
$925.68 /single family dwelling,
$596.91 /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 (07/01/10) $ 1,214,839
account or fund
Ending Balance (06/30/11) $ 1,254,025
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 30,228
interest earned
Interest Earned $ 16,208
Total Revenues $ 46,437
(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 $ 2,717
10/11, including the total percentage of the cost
Equipment $ 4,534
of the public improvement that was funded with
fees
Total Expenses $ 7,251
(6)
An identification of an approximate date by
For FY 11/12, the City budgeted $6K for contract services
which the construction of the public
to provide imaging and deployment of new equipment,
improvement will commence if the local agency
$4K for software licensing upgrades and $30K for new
determines that sufficient funds have been
security camera and furnitures.
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.
102
Fund 2501 — Los Angeles Avenue Area of Contribution Fund
103
tem Descn tion
I 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 (07/01/10)
$11,628,193
account or fund
Adjustment for Reserve
Ending Balance (06/30/11)
$11,733,981
(4)
The amount of the fees collected and the
Amount of Fees Collected
$
264,995
interest earned
Interest Earned
$
152,265
Others (Sale of Plans /Specs /Reimbursements)
$
250
Total Revenues
$
417,510
(5)
An identification of each public improvement on
Special Professional Services
$
5,452
which fees were expended and the amount of
the expenditures on each improvement in FY
Princeton Ave Widening (8012)
$
225,736
10/11, including the total percentage of the cost
Total Cost of Project
$
237,397
of the public improvement that was funded with
% of project funded by fees:
95%
fees
LA Ave Widening Spr /Mrpk (8013)
$
55,390
Total Cost of Project
$
58,619
% of project funded by fees:
94%
Spring Road Widening (8026)
$
82
Total Cost of Project
$
82
% of project funded by fees:
100%
LA/TR Signal Modification (8046)
$
10,134
Total Cost of Project
$
15,134
% of project funded by fees:
67%
LA Ave Medians (8047)
$
49
Total Cost of Project
$
49
% of project funded by fees:
100%
Total Expenses
$
296,842
103
Fund 2501 — Los Angeles Avenue Area of Contribution Fund
Item Description
I Response
(6) An identification of an approximate date by
In FY 11/12, approximately $6,379K of this fund has been
which the construction of the public
appropriated as follows:
improvement will commence if the local agency
Princeton Widening (8012)- $1,125K
determines that sufficient funds have been
LA Ave Widening - Spring Rd /Moorpark Ave (8013)- $1,305K
collected to complete public improvement and
Spring Road Widening (8026) -$855K
the public improvement remains incomplete
Rail Crossing Improvements @ Spring Rd (8039)- $1,167K
LA Ave Medians (8047) -$92K
Widening @ LA Ave /Shasta (8058)- $1,131K
New LA Ave Undergrounding (8066) -$412K
Moorpark Avenue Left Turn Lane (8087) -$200K
AVCP Access Study (8089) -$35K
Interfund transfers of $57K for planning and engineering staff time
costs to administer these projects.
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) $ 4,760
loaned fees will be expended, and in the case
Engineering City Staff cost reimbursement - LA
of an interfund loan, the date on which the loan
Ave Widening Spring Rd /Moorpark Ave (8013) $ 1,960
will be repaid, and the rate of interest that the
Engineering City Staff cost reimbursement -
account or fund will receive on the loan
LA/Tierra Rejada Rd Signal Modification (8046) $ 5,000
New LA Ave Undergrounding (8066) $ 3,160
Total Interfund Transfers $ 14,880
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)
Pardee Homes $ -
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.
104
Fund 2502 — Tierra Rejada Road / Spring Road Area of Contribution Fund
105
Item Description
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 (07/01/10)
$
(167,864)
account or fund
Ending Balance (06130111)
$
(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
Special Professional Services
$
-
i
which fees were expended and the amount of the
Refunds /Reimbursements not subject to
expenditures on each improvement in FY 10/11,
item § 66001 (e)
$
9,142
including the total percentage of the cost of the
I
public improvement that was funded with fees
i
Total Expenses
$
9,142
(6)
An identification of an approximate date by which
No funds are appropriated for FY
11/12.
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)
105
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.
106
Fund 2503 — Casey Road /Gabbert Road Area of Contribution Fund
107
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 (07/01/10) $ 84,150
orfund
Ending Balance (06/30/11) $ 85,264
(4)
The amount of the fees collected and the interest
Amount of Fees Collected $ -
earned
Interest Earned $ 1,114
Expense Reimbursements $ -
Other Admin Service Fees $ -
Total Revenues $ 1,114
(5)
An identification of each public improvement on
No fees expended during FY 10/11.
which fees were expended and the amount of the
expenditures on each improvement in FY 10/11,
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 11/12. 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.
107
Fund 2504 — Fremont Storm Drain AOC
WHO
Item Descri tion
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 (07/01/10) $ 15,080
account or fund
Ending Balance (06/30/11) $ 15,280
(4)
The amount of the fees collected and the
Amount of Fees Collected $ -
interest earned
Interest Earned $ 200
Total Revenues $ 200
(5)
An identification of each public improvement on
No fees expended during FY 10/11
which fees were expended and the amount of
the expenditures on each improvement in FY
10/11, 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 11/12. 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.
WHO
Fund 4002 — Police Facilities Fund
109
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 (07/01/10) $ (1,932,523)
fund
Ending Balance (06130111) $ (1,886,590)
(4)
The amount of the fees collected and the interest
Amount of Fees Collected $ 45,933
earned
Interest Earned $ -
Interfund Transfer
Total Revenues $ 45,933
(5)
An identification of each public improvement on
No fees expended during FY 10/11.
which fees were expended and the amount of the
expenditures on each improvement in FY 10/11,
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 11/12. 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: $ 1,886,590
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 $ 1,886,590
(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.
109