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HomeMy WebLinkAboutAGENDA REPORT 2009 1216 CC REG ITEM 10F ITEM 10_F u' Y OF MOORPARK,CAUFOktir,. City Council Meeting /a-/&-Aoo g rCTION: e MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council / FROM: Ron Ahlers, Finance DirectorUK� Prepared by: Irmina Lumbad, Finance/Accounting Manager DATE: October 20, 2009 (CC Meeting of December 16, 2009) SUBJECT: Consider the Report Titled "Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2008/09" BACKGROUND This item was originally agendized for the regular City Council meeting of December 2, 2009, which was adjourned to December 16, 2009. 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. 222 Honorable City Council December 16, 2009 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 2008/2009". The report, based on the City's unaudited financial records, relates to transactions made during the fiscal year that concluded on June 30, 2009. 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 2008/2009" 223 aK cqc 0 o Z cC � r 2 m o � 9,0 � City of Moorpark, California Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2008/2009 Scheduled for Public Review at the City Council Meeting of December 16, 2009 224 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. 225 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 o account or fund mitigating these impacts by funding programs or projects that reduc emissions. (2) The amount of the fee The fee is calculated based on the Ventura County Air Pollution Contro District's guidelines. (3) The beginning and ending balance of the Beginning Balance(07/01/08) $ 5,816,899 account or fund Ending Balance(06/30/09) $ 5,946,996 (4) The amount of the fees collected and the Amount of Fees Collected $ 83,783 interest earned Interest Earned $ 145,857 Total Revenues $ 229,640 (5) An identification of each public improvement Com. Dev. Admin. Salaries $ 12,314 on which fees were expended and the Other Contractual Services $ 22,033 amount of the expenditures on each Vehicle for Volunteer in Policing $ 39,254 improvement in FY 08/09, including the total percentage of the cost of the public Signal Interconnect(8004) $ - improvement that was funded with fees Total Cost of Project $ - %of project funded by fees: 0% Tierra Rejada Rd Traffic Signal (8036) $ 1,854 Total Cost of Project $ 1,873 %of project funded by fees: 99% Spring Road Bus Turn-out(8069) $ 510 Total Cost of Project $ 510 %of project funded by fees: 100% Mountain Trail Overlay(8083) $ 10,000 Total Cost of Project $ 10,000 %of project funded by fees: 100% Total Expenses $ 85,964 (6) An identification of an approximate date by For FY 09/10, $358K of the fund has been budgeted for the followin which the construction of the public capital improvement projects: $338K for lA Ave Undergrounding (8066 improvement will commence if the local and $20K for Mountain Trail Overlay (8083). $12.5K or 10% of one (1 agency determines that sufficient funds have Senior Management Analyst salaries/benefits and $27K transfer to othe been collected to complete public fund for administrative and engineering staff costs to administer th improvement and the public improvement projects. remains incomplete (7) A description of each interfund transfer or Interfund Transfers: loan made from the account or fund, Engineering City Staff cost reimbursement-Signal including the public improvement on which Interconnect(8004) $ 2,040 the transferred or loaned fees will be Engineering City Staff cost reimbursement-Tierra expended, and in the case of an interfund Rejada Signal Interconnect(8036) $ 2,055 loan, the date on which the loan will be Engineering City Staff cost reimbursement-Spring repaid, and the rate of interest that the Road Bus Tum Out(8069) $ 2,213 account or fund will receive on the loan Engineering City Staff cost reimbursement-Mountain Trail Overlay(8083) $ 7,270 Total Interfund Transfers $ 13,578 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) 226 Fund 2001 —Traffic Systems Management Fund Item Description Response Additional Comments: For information about pending and planned capital projects, see the City' 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. 227 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 flow account or fund generated by developments within the City. (2) The amount of the fee Negotiated with developers based upon the estimated impact oill development on traffic flow within the City. (3) The beginning and ending balance of the Beginning Balance(07/01/08) $ 12,611,439 account or fund Ending Balance(06130109) $ 13,378,662 (4) The amount of the fees collected and the Amount of Fees Collected $ 502,638 interest earned Interest Earned $ 320,409 Total Revenues $ 823,047 (5) An identification of each public improvement on Route 23 North Alignment(8045) $ 124 which fees were expended and the amount of Total Cost of Project $ 124 the expenditures on each improvement in FY %of project funded by fees: 100% 08109, including the total percentage of the North Hills Parkway(8061) $ 4,119 Total Cost of Project $ 4,119 %of project funded by fees: 100% Moorpark Road Dual Lefts(8075) $ 36,142 Total Cost of Project $ 36,142 %of project funded by fees: 100% Total Expenses $ 40,384 (6) An identification of an approximate date by For FY 09/10, a total of $307.5K has been budgeted for the which the construction of the public following projects: North Hills Parkway(8061)-$300K and Moorpark improvement will commence if the local agency Dual Left (8075) - $7.51K. These are significant projects that are determines that sufficient funds have been expected to require all the available funds in this account to collected to complete public improvement and complete. $23K has been appropriated for interfund transfers fo the public improvement remains incomplete 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 Route 23 North Alignment(8045) $ 1,049 public improvement on which the transferred or Engineering City Staff cost reimbursement- loaned fees will be expended, and in the case North Hills Parkway(8061) $ 1,049 of an interfund loan, the date on which the loan Engineering City Staff cost reimbursement- will be repaid, and the rate of interest that the Moorpark Road Dual Lefts(8075) $ 5,258 account or fund will receive on the loan Planning City Staff cost reimbursement-23 Fwy Sound Wall @ Tierra Rejada Rd(8079) $ 8,083 Total Intertund Transfers $ 15,439 Intertund 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. 228 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 a account or fund specific locations as a result of additional residentia development. (2) The amount of the fee Negotiated with developers in areas where developmen would impact pedestrian routes to and from school within the City. (3) The beginning and ending balance of the Beginning Balance (07/01/08) $ 351,421 account or fund Ending Balance (06130109) $ 334,888 (4) The amount of the fees collected and the Amount of Fees Collected $ - interest earned Interest Earned $ 8,507 Total Revenues $ 8,507 (5) An identification of each public improvement on Crossing Guard Expenses $ 25,039 which fees were expended and the amount of Total Cost of Project(s) $ 65,283 the expenditures on each improvement in FY % of project funded by fees: 38% 08/09, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ 25,039 (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 guar 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 a collected to complete public improvement and impacted intersections. Approximately $15K has bee the public improvement remains incomplete budgeted for FY 09/10 to provide for crossing guar services. (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 Interfund Loans: $ an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: None 229 Fund 21OX—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 payi account or fund land), fees on commercial, industrial, and multi-famil developments, donations to the City, or revenue receive from lease or sale of park land to be used for th construction of park facilities as a result of increased deman for parks resulting from new development. Includes funds fo municipal pool and bike path. (2) The amount of the fee A formula based on a dwelling unit factor (currently 3.22 fo 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(07/01/08) $ 2,190,130 account or fund Ending Balance (06/30/09) $ 1,757,974 (4) The amount of the fees collected and the Other Development Fees $ - interest earned Amount of Fees Collected $ - Fees in Lieu of Park Land $ 75,420 Interest Earned $ 52,218 Rents/Concessions $ 16,244 Sale Plans/Specifications $ 1,275 Other Revenue $ 9,171 Total Revenues $ 154,327 (5) An identification of each public improvement on Park Master Plan (7026) $ 2,682 which fees were expended and the amount of Total Cost of Project $ 2,682 the expenditures on each improvement in FY % of project funded by fees: 100% 08/09, including the total percentage of the cost of the public improvement that was funded with Arroyo Vista Community Park(7701) $ 27,894 fees Total Cost of Project $ 114,776 % of project funded by fees: 24% Poindexter Park(7801) $ 329,288 Total Cost of Project $ 387,867 % of project funded by fees: 85% Arroyo Vista (7803) $ 223,606 Total Cost of Project $ 448,089 %of project funded by fees: 50% College View Park Basketball (7028) $ 1,004 Total Cost of Project $ 1,004 % of project funded by fees: 100% Mountain Meadows Park Ball (7029) $ 1,004 Total Cost of Project $ 1,004 % of project funded by fees: 100% Peach Hill Park Play Ground (7808) $ 1,004 Total Cost of Project $ 58,883 %of project funded by fees: 2% Total Expenses $ 586,482 230 Fund 21OX—Park Improvement Funds Item Description I Response (6) An identification of an approximate date by $3.7M park improvement projects are planned for FY 09/10. which the construction of the public The major projects include improvements to AV Sports Field, improvement will commence if the local agency Arroyo Vista Recreation Center Office Expansion Poindexter determines that sufficient funds have been Park, Glenwood Park, Peach Hill Park, Monte Vista Park, collected to complete public improvement and Mountain Meadows Park and College View Park. the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: $ - made from the account or fund, including the Interfund Loans: $ - public improvement on which the transferred or loaned fees will be expended, and in the case of On April 1, 2009, City Council approved an interfund loan oll an interfund loan, the date on which the loan will up to $1.5M from the Special Projects Fund (4004) to Park be repaid, and the rate of interest that the Improvement Zone 1 Fund (2111) to partially fund the design account or fund will receive on the loan 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. Loan amount will be transferred from Fund 4004 to Fund 2111 as needed. The principal and interest will be repaid as ne development and parkland fees are collected. As of FY 08/09, no loan amount has been transferred. (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. 231 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 area account or fund resulting from the increase in demand from additions development. (2) The amount of the fee $0.05/commercial and industrial square foot (3) The beginning and ending balance of the Beginning Balance (07/01/08) $ 79,719 account or fund Ending Balance (06/30/09) $ 152,981 (4) The amount of the fees collected and the Amount of Fees Collected $ 71,056 interest earned Interest Earned $ 2,206 Total Revenues $ 73,262 (5) An identification of each public improvement on Freeway Interchange Landscaping $ - which fees were expended and the amount of Total Cost of Project $ the expenditures on each improvement in FY % of project funded by fees: 08/09, 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 In FY 09/10, $40K has been appropriated for city entry which the construction of the public signage. 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) dditional Comments: For information about pending and planned capita projects, see the City's annual capital improvemen budget. For additional information about futur development fee revenues, see the "Residential, Commercial and Industrial Quarterly Status Report' prepared by the Community Development Department. 232 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 (07/01/08) $ 1,626,940 account or fund Ending Balance(06/30/09) $ 1,338,373 (4) The amount of the fees collected and the Amount of Fees Collected $ 169,529 interest earned Interest Earned $ 39,678 Other Revenues $ 1,100 Total Revenues $ 210,307 (5) An identification of each public improvement on Moorpark Highlands Park (7818) $ 25,291 which fees were expended and the amount of Total Cost of Project $ 53,450 the expenditures on each improvement in FY % of project funded by fees: 47% 08/09, including the total percentage of the cost of the public improvement that was funded with Spring/Flinn Artwork (7903) $ 473,583 fees Total Cost of Project $ 473,583 % of project funded by fees: 100% Total Expenses $ 498,874 (6) An identification of an approximate date by For FY 09/10, $8K has been budgeted for Magnolia which the construction of the public Park improvement project(7816). 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 capita projects, see the City's annual capital improvemen budget. For additional information about future development fee revenues, see the "Residential, Commercial and Industrial Quarterly Status Report' prepared by the Community Development Department. 233 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 (07/01/08) $ 1,118,173 account or fund Ending Balance (06/30/09) $ 1,149,709 (4) The amount of the fees collected and the Amount of Fees Collected $ 34,205 interest earned Interest Earned $ 27,843 Total Revenues $ 62,048 (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 $ 18,467 08/09, including the total percentage of the cost Equipment $ 12,045 of the public improvement that was funded with fees Total Expenses $ 30,512 (6) An identification of an approximate date by For FY 09/10, the City budgeted $31.3K of these funds for which the construction of the public contract services for design, implementation an improvement will commence if the local agency maintenance of ADA compliant Library website ($25K determines that sufficient funds have been and equipment($6.3K). 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) dditional Comments: For information about pending and planned capita projects, see the City's annual capital improvemen budget. For additional information about future development fee revenues, see the "Residential, Commercial and Industrial Quarterly Status Report' prepared by the Community Development Department. 234 Fund 2501 — Los Angeles Avenue 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 area 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 (07/01/08) $11,185,507 account or fund Ending Balance(06/30/09) $11,330,133 (4) The amount of the fees collected and the Amount of Fees Collected $ 209,758 interest earned Interest Earned $ 285,929 Revs Not Elsewhere Classified Sale Plans/Specifications Total Revenues $ 495,687 (5) An identification of each public improvement on Special Professional Services $ 19 which fees were expended and the amount of Speed Advisory Equipment $ 11,467 the expenditures on each improvement in FY 08/09, including the total percentage of the cost Princeton Ave Widening (8012) $ 136,889 of the public improvement that was funded with Total Cost of Project $ 136,889 fees % of project funded by fees: 100% LA Ave Widening Spr/Mrpk (8013) $ (19,991) Total Cost of Project $ (19,991) % of project funded by fees: 100% Spring Road Widening (8026) $ 23,449 Total Cost of Project $ 23,449 % of project funded by fees: 100% LA/TR Parkway Landscaping (8033) $ 620 Total Cost of Project $ 620 % of project funded by fees: 100% LA/TR Signal Modification (8046) $ 8,010 Total Cost of Project $ 8,010 % of project funded by fees: 100% LA Ave Medians (8047) $ 62,198 Total Cost of Project $ 62,198 % of project funded by fees: 100% Widening @ LA Ave/Shasta(8058) $ 47,021 Total Cost of Project $ 47,021 % of project funded by fees: 100% Total Expenses $ 269,681 235 Fund 2501 — Los Angeles Avenue Area of Contribution Fund Item Description I Response (6) An identification of an approximate date by In FY 09110, approximately $4.5M of this fund has been which the construction of the public appropriated as follows: improvement will commence if the local agency Princeton Widening (8012)-$230K determines that sufficient funds have been LA Ave Widening- Spring Rd/Moorpark Ave(8013)-$952K collected to complete public improvement and Spring Road Widening (8026)-$736K the public improvement remains incomplete LA/Tierra Rejada Parkway Landscaping (8033)-$42K Rail Crossing Improvements @ Spring Rd (8039)-$1170K LA Ave/TR Rd Signal Modification (8046)-$151 K LA Ave Medians (8047)-$70K Widening @ LA Ave/Shasta (8058)-$1093K 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 fo 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) $ 14,666 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) $ 14,389 will be repaid, and the rate of interest that the Engineering City Staff cost reimbursement- account or fund will receive on the loan Spring Rd Widening (8026) $ 10,789 Engineering City Staff cost reimbursement- Spring Road Rail Crossing (8039) $ 8,631 Engineering City Staff cost reimbursement- LA/Tierra Rejada Rd Signal Modification (8046) $ 4,572 Ave Medians (8047) $ 12,915 Engineering City Staff cost reimbursement- Widening @ LA Ave/Shasta (8058) $ 15,418 Total Interfund Transfers $ 81,380 Interfund Loans Loan to Tierra Rejada AOC $ 134,242 Tierra Rejada Median Landscape project(8042) Date of Repayment: Not Specified Interest Rate of Loan: 0.00% Amount of Loan: $134,242 Total Interfund Loans $ 134,242 (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, se the City's annual capital improvement budget. For additiona information about future development fee revenues, see th "Residential, Commercial and Industrial Quarterly Status Report' prepared by the Community Development Department. 236 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 o 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(07/01/08) $ (135,624) account or fund Ending Balance(06/30109) $ (167,317) (4) The amount of the fees collected and the interest Amount of Fees Collected $ 94,639 earned Interest Earned $ 708 Revs Not Elsewhere Classified $ - Sale Plans/Specifications $ 590 Total Revenues $ 95,937 (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 08/09, TR Signal Interconnect (8036) $ 19 including the total percentage of the cost of the Total Cost of Project $ 1,873 public improvement that was funded with fees % of project funded by fees: 1% TR Median/Spring to Fwy(8042) $ 118,643 Total Cost of Project $ 118,643 % of project funded by fees: 100% Total Ex enses $ 118,661 (6) An identification of an approximate date by which For FY 09/10, $26K has been budgeted for Tierra Rejada the construction of the public improvement will Median/Spring to Fwy (8042). Additional loans from the LA commence if the local agency determines that AOC Fund may be required depending on when these sufficient funds have been collected to complete projects are completed. 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 Engineering City Staff cost public improvement on which the transferred or reimbursement-Tierra Rejada loaned fees will be expended, and in the case of Median/Spring to Fwy(8042) $ 8,969.00 an interfund loan, the date on which the loan will be repaid, and the rate of interest that the Total Interfund Transfers $ 8,969.00 account or fund will receive on the loan Interfund Loans Loan from Los Angeles Ave AOC $ 134,242 Tierra Rejada Median Landscape project(8042) Date of Repayment: Not Specified Interest Rate of Loan: 0.00% Amount of Loan: $134,242 Total Interfund Loans $ 134,242 (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) 237 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. Fo additional information about future development fe revenues, see the "Residential, Commercial and Industria Quarterly Status Report" prepared by the Communit ILDevelopment Department. 238 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 account Fees for street and related improvements to specific projec or fund areas to fund infrastructure enhancements as a result o 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 (07/01/08) $ 79,123 or fund Ending Balance (06/30/09) $ 81,101 (4) The amount of the fees collected and the interest Amount of Fees Collected $ - earned Interest Earned $ 1,978 Expense Reimbursements $ - Other Admin Service Fees $ - Total Revenues $ 1,978 (5) An identification of each public improvement on No fees expended during FY 08/09 which fees were expended and the amount of the expenditures on each improvement in FY 08/09, 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 09/10. The fund the construction of the public improvement will accumulated in this account are anticipated to be spent withi commence if the local agency determines that the next five fiscal years on appropriate street improvemen sufficient funds have been collected to complete 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 fe revenues, see the "Residential, Commercial and lndustria Quarterly Status Report" prepared by the Communi Development Department. 239 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 (07/01/08) $ 14,531 account or fund Ending Balance(06/30109) $ 14,894 (4) The amount of the fees collected and the Amount of Fees Collected $ - interest earned Interest Earned $ 363 Total Revenues $ 363 (5) An identification of each public improvement on No fees expended during FY 08/09. which fees were expended and the amount of the expenditures on each improvement in FY 08/09, 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 09/10. The fund which the construction of the public accumulated in this account are anticipated to be spen 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 of Interfund Loans: $ - 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 Industria Quarterly Status Report" prepared by the Community Development Department. 240 Fund 4002— Police Facilities Fund Item Description Response (1) A brief description of the type of fee in the account or Fees are collected by Building and Safety prior to issuance of buildin fund permits for construction of police facilities within the City to fund th increased demand for police services as a result of additiona 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(07/01/08) $ (1,943,789) fund Ending Balance(06/30/09) $ (1,995,668) (4) The amount of the fees collected and the interest Amount of Fees Collected $ 22,423 earned Interest Earned $ - Interfund Transfer Total Revenues $ 22,423 (5) An identification of each public improvement on Legal Services $ 4,302 which fees were expended and the amount of the expenditures on each improvement in FY 08/09, Dispute Settlement Paid $ 70,000 including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ 74,302 (6) An identification of an approximate date by which the No funds were appropriated in FY 09/10. The funds accumulated in construction of the public improvement will this account are anticipated to be spent within the next five fiscal year 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 fees Total Interfund Transfers 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 Interfund Loans: $ 1,995,668 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 $ 1,995,668 (8) The amount of refunds made pursuant to subdivision Refunds Made: $ - (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. 241