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HomeMy WebLinkAboutAGENDA REPORT 2008 1203 CC REG ITEM 10F 6�1i l 1 0• F. (:ity !°.ounri9 7 fic, ACTION:-O(�� A4.AL;1— d MOORPARK CITY COUNCIL BY, AGENDA REPORT TO: Honorable City Council FROM: Hugh Riley, Assistant City Ma Pa n� Prepared by: Irmina Lumbad, Finance Accounting Manager QC II DATE: November 4, 2008 (CC Meeting of December 3, 2008) SUBJECT: Consider the Report Titled "Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2007/2008" BACKGROUND California Government Code Section 66006 prescribes 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 This Section 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. of-) D f Honorable City Council December 3, 2008 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 2007/2008". The report, based on the City's unaudited financial records, relates to transactions made during the fiscal year that concluded on June 30, 2008. As required by the Code, this report has been made available to the public at least 15 days prior to the meeting date at the front counter of City Hall and on the City's website. 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 2007/2008" �1j00 i i ATTACHMENT PQPpK C,q�.t � C9 v 2 O9g0 w^�Oj '4,aT�Q J Jam.( City of Moorpark, California Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2007/2008 Scheduled for Public Review at the City Council Meeting of December 3, 2008 s l00,>� 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 hae 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 Qzb 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. 0 1)007 7 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(07/01/07) $ 5,576,386 account or fund Ending Balance(06/30108) $ 5,816,899 (4) The amount of the fees collected and the Amount of Fees Collected $ 199,899 interest earned Interest Earned $ 286,875 Total Revenues $ 486,775 (5) An identification of each public improvement Com. Dev.Admin.Salaries $ 22,719 on which fees were expended and the Vehicle-Bus Filter Systems $ 59,195 amount of the expenditures on each improvement in FY 07/08, including the total Signal Interconnect(8004) $ 20,437 percentage of the cost of the public Total Cost of Project $ 24,751 improvement that was funded with fees %of project funded by fees: 83% Tierra Rejada Rd Traffic Signal(8036) $ 110,129 Total Cost of Project $ 129,672 %of project funded by fees: 85% Spring Road Bus Turn-out(8069) $ 13,056 Total Cost of Project $ 13,056 %of project funded by fees: 100% Total Expenses $ 225,536 (6) An identification of an approximate date by For FY 08/09, $25K of the fund has been budgeted for contractual service which the construction of the public relating to the Bicycle Mapping and Planning; $30K for vehicle purchase to improvement will commence if the local be used by Volunteers In Policing (VIP)and$12K or 10%of one (1)Senior agency determines that sufficient funds have Management Analyst salaries/benefits to administer projects. been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or Interfund Transfers: loan made from the account or fund, Planning City Staff cost reimbursement-Bikeway including the public improvement on which Tranportation Plan(6001) $ 2,617 the transferred or loaned fees will be Planning City Staff cost reimbursement-Trails Element expended, and in the case of an interfund (6002) $ 577 loan, the date on which the loan will be Engineering City Staff cost reimbursement-Tierra repaid, and the rate of interest that the Rejada Signal Interconnect(8036) $ 17,532 account or fund will receive on the loan Total Interfund Transfers $ 20,726 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' 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 flow account or fund generated 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(07/01/07) $ 11,168,415 account or fund Ending Balance(06/30/08) $ 12,611,439 (4) The amount of the fees collected and the Amount of Fees Collected $ 1,392,588 interest earned Interest Earned $ 576,598 Total Revenues $ 1,969,186 (5) An identification of each public improvement on Overlay Projects (8011) $ 413,036 which fees were expended and the amount of Total Cost of Project $ 3,348,508 the expenditures on each improvement in FY %of project funded by fees: 12% 07/08, including the total percentage of the cost Route 23 North Alignment(8045) $ 75,531 Total Cost of Project $ 81,347 %of project funded by fees: 93% North Hills Parkway(8061) $ 24,530 Total Cost of Project $ 31,615 %of project funded by fees: 78% Moorpark Road Dual Lefts(8075) $ 165 Total Cost of Project $ 165 %of project funded by fees: 100% Total Ex enses $ 513,262 (6) An identification of an approximate date by For FY 08/09, a total of $857K has been budgeted for the which the construction of the public following projects: Moorpark Ave.Widening/Casey to 3rd (8040) improvement will commence if the local agency $666K, Route 23 North Alignment (8045) -$58K and North Hill determines that sufficient funds have been Parkway (8061) -$113K. These are significant projects that are collected to complete public improvement and expected to require all the available funds in this account to the public improvement remains incomplete complete. (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 Engineering City Staff cost reimbursement- loaned fees will be expended, and in the case Route 23 North Alignment(8045) $ 5,816 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 North Hills Parkway(8061) $ 7,084 account or fund will receive on the loan Total Interfund Transfers $ 12,900 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, 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. Fund 2003— Crossing Guard Fund Item Description I Response (1) A brief description of the type of fee in the Fees for the provision of increased crossing guards at account or fund specific locations as a result of additional residential development. (2) The amount of the fee Negotiated with developers in areas where development would impact pedestrian routes to and from school within the City. (3) The beginning and ending balance of the Beginning Balance (07/01/07) $ 309,381 account or fund Ending Balance (06/30/08) $ 351,421 (4) The amount of the fees collected and the Amount of Fees Collected $ 26,150 interest earned Interest Earned $ 16,076 Total Revenues $ 42,226 (5) An identification of each public improvement on Crossing Guard Expenses $ 187 which fees were expended and the amount of Total Cost of Project(s) $ 65,882 the expenditures on each improvement in FY % of project funded by fees: 0% 07/08, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ 187 (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 all collected to complete public improvement and impacted intersections. Approximately $32K has been the public improvement remains incomplete budgeted for FY 08/09 to provide for crossing guar 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 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 1100SO Fund 210X—Park Improvement Funds Item Description T Response (1) A brief description of the type of fee in the Quimby fees (Developer payments in lieu of dedicating par 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 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 requiremen (currently 5 acres/1,000 persons) and the fair market valu per acre (varies per development). (3) The beginning and ending balance of the Beginning Balance (07/01/07) $ 3,264,899 account or fund Ending Balance(06/30/08) $ 2,190,130 (4) The amount of the fees collected and the Other Development Fees $ - interest earned Amount of Fees Collected $ - Fees in Lieu of Park Land $ 315,839 Interest Earned $ 154,280 Rents/Concessions $ 15,710 Sale Plans/Specifications $ 765 Other Revenue $ 1,087 Total Revenues $ 487,681 (5) An identification of each public improvement on AVCP Sports Field (7022) $ 6,820 which fees were expended and the amount of Total Cost of Project $ 6,820 the expenditures on each improvement in FY %of project funded by fees: 100% 07/08, including the.total percentage of the cost of the public improvement that was funded with Park Master Plan (7026) $ 14,078 fees Total Cost of Project $ 14,078 %of project funded by fees: 100% Poindexter Park (7801) $ 73,287 Total Cost of Project $ 134,407 %of project funded by fees: 55% Arroyo Vista (7803) $ 1,426,564 Total Cost of Project $ 1,608,412 %of project funded by fees: 89% College View Park (7807) $ 27,151 Total Cost of Project $ 74,287 %of project funded by fees: 37% Tierra Rejada Park(7811) $ 9,198 Total Cost of Project $ 76,532 %of project funded by fees: 12% Glenwood Park(7813) $ 5,353 Total Cost of Project $ 42,657 %of project funded by fees: 13% Total Expenses $ 1,562,450 �1')o '.D8J. Fund 210X—Park Improvement Funds Item Description I Response (6) An identification of an approximate date by $4.9M park improvement projects are planned for FY 08/09. which the construction of the public The major projects include improvements to AV Sports Field, improvement will commence if the local agency Arroyo Vista Community Park, Office Expansion and Pump determines that sufficient funds have been House, Poindexter Park, Glenwood Park, Campus Canyon collected to complete public improvement and Park, 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 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. =,)0,1--12 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 (07/01/07) $ 104,821 account or fund Ending Balance(06/30108) $ 79,719 (4) The amount of the fees collected and the Amount of Fees Collected $ 16,705 interest earned Interest Earned $ 5,436 Total Revenues $ 22,141 (5) An identification of each public improvement on Freeway Interchange Landscaping $ 47,243 which fees were expended and the amount of Total Cost of Project $ 47,243 the expenditures on each improvement in FY % of project funded by fees: 100% 07/08, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ 47,243 (6) An identification of an approximate date by No funds are appropriated in FY 08/09. 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 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. 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 (07/01/07) $ 1,411,071 account or fund Ending Balance (06/30/08) $ 1,626,940 (4) The amount of the fees collected and the Amount of Fees Collected $ 176,170 interest earned Interest Earned $ 74,614 Total Revenues $ 250,784 (5) An identification of each public improvement on Spring/Flinn Artwork(7903) $ 34,914 which fees were expended and the amount of Total Cost of Project $ 34,914 the expenditures on each improvement in FY % of project funded by fees: 100% 07/08, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ 34,914 (6) An identification of an approximate date by For FY 08/09, $490K has been budgeted for which the construction of the public Spring/Flinn Veterans' Memorial project (7903). 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 futur development fee revenues, see the "Residential, Commercial and Industrial Quarterly Status Report' prepared by the Community Development Department. 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 (07/01/07) $ 921,784 account or fund Ending Balance (06/30/08) $ 1,118,173 (4) The amount of the fees collected and the Amount of Fees Collected $ 171,634 interest earned Interest Earned $ 49,383 Total Revenues $ 221,017 (5) An identification of each public improvement on Contract Services $ 1,860 which fees were expended and the amount of Operating Supplies $ 1,366 the expenditures on each improvement in FY Furnitures & Fixtures $ 18,282 07/08, including the total percentage of the cost Equipment $ 3,120 of the public improvement that was funded with fees Total Expenses $ 24,628 (6) An identification of an approximate date by For FY 08/09, the City budgeted $47K of these funds for which the construction of the public contract services for design and implement AD improvement will commence if the local agency compliant Library website ($25K) and library shelving determines that sufficient funds have been ($22). 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 capita 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 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 additions 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 (07/01/07) $11,475,511 account or fund Ending Balance (06/30/08) $11,185,507 (4). The amount of the fees collected and the Amount of Fees Collected $ 521,845 interest earned Interest Earned $ 551,214 Revs Not Elsewhere Classified Sale Plans/Specifications Total Revenues $ 1,073,059 (5) An identification of each public improvement on Special Professional Services $ 413 which fees were expended and the amount of Refund for Maureen to Beltram $ (2,794) the expenditures on each improvement in FY 07/08, including the total percentage of the cost LA Ave Signal Interconnect(8004) $ 539 of the public improvement that was funded with Total Cost of Project $ 2,751 fees % of project funded by fees: 20% Princeton Ave Widening (8012) $ 1,158,155 Total Cost of Project $ 1,160,049 % of project funded by fees: 100% LA Ave Widening Spr/Mrpk(8013) $ 90,178 Total Cost of Project $ 90,178 % of project funded by fees: 100% Spring Road Widening (8026) $ 8,132 Total Cost of Project $ 8,132 % of project funded by fees: 100% LA/TR Parkway Landscaping (8033) $ 2,521 Total Cost of Project $ 11,850 % of project funded by fees: 21% LA/TR Signal Modification (8046) $ 1,750 Total Cost of Project $ 1,750 % of project funded by fees: 100% LA Ave Medians (8047) $ 59,931 Total Cost of Project $ 59,931 % of project funded by fees: 100% Widening @ LA Ave/Shasta (8058) $ 2,602 Total Cost of Project $ 2,602 % of project funded by fees: 100% Total Expenses $ 1,321,427 Fund 2501 — Los Angeles Avenue Area of Contribution Fund Item Description Response (6) An identification of an approximate date by Approximately $5.1 million of this fund has been appropriated as which the construction of the public follows: improvement will commence if the local agency Princeton Widening (8012)-$34K determines that sufficient funds have been LA Ave Widening -Spring Rd/Moorpark Ave (8013)-$1 M collected to complete public improvement and Spring Road Widening (8026)-$888K the public improvement remains incomplete Rail Crossing Improvements @ Spring Rd (8039)-$1.1 M LA Ave/TR Rd Signal Modification (8046)-$152K LA Ave Medians (8047)-$130K Underground Utility District 2 (8051)-$300K Widening @ LA Ave/Shasta (8058)-$1.2M New LA Ave Undergrounding (8066)-$338K. 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- LA public improvement on which the transferred or Ave Widening Maureen to Beltramo (8003) $ 676 loaned fees will be expended, and in the case Engineering City Staff cost reimbursement- of an interfund loan, the date on which the loan Princeton Ave Widening (8012) $ 10,627 will be repaid, and the rate of interest that the Engineering City Staff cost reimbursement- LA account or fund will receive on the loan Ave Widening Spring Rd/Moorpark Ave (8013) $ 11,018 Engineering City Staff cost reimbursement- Spring Rd Widening (8026) $ 5,479 Engineering City Staff cost reimbursement- LA Ave Medians (8047) $ 5,037 Engineering City Staff cost reimbursement- Widening @ LA Ave/Shasta (8058) $ 8,798 Total Interfund Transfers $ 41,635 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. 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 account or fund project areas to fund infrastructure enhancements as 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 (07/01/07) $ (567,443) account or fund Ending Balance (06/30/08) $ (135,624) (4) The amount of the fees collected and the interest Amount of Fees Collected $ 432,759 earned Interest Earned $ 2,374 Revs Not Elsewhere Classified $ - Sale Plans/Specifications Total Revenues $ 435,133 (5) An identification of each public improvement on Special Professional Services $ 926 which fees were expended and the amount of the expenditures on each improvement in FY 07/08, TR Signal Interconnect(8036) $ 1,086 including the total percentage of the cost of the Total Cost of Project $ 129,672 public improvement that was funded with fees % of project funded by fees: 1% TR Median/Spring to Fwy(8042) $ 1,302 Total Cost of Project $ 1,302 % of project funded by fees: 100% Total Ex enses $ 3,313 (6) An identification of an approximate date by which For FY 08/09, an additional $45K has been budgeted for the construction of the public improvement will Tierra Rejada Median/Spring to Fwy (8042). Additional commence if the local agency determines that loans from the LA AOC Fund may be required depending sufficient funds have been collected to complete on when these 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 public improvement on which the transferred or Total Interfund Transfers $ - loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will Interfund Loans be repaid, and the rate of interest that the Loan from Los Angeles Ave AOC $ 134,242 account or fund will receive on the loan 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) +0 8 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. Fund 2503—Casey Road/Gabbert Road Area of Contribution Fund Item Description 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 (07/01/07) $ 71,292 or fund Ending Balance(06/30/08) $ 79,123 (4) The amount of the fees collected and the interest Amount of Fees Collected $ 4,060 earned Interest Earned $ 3,772 Expense Reimbursements $ - Other Admin Service Fees $ - Total Revenues $ 7,832 (5) An identification of each public improvement on No fees expended during FY 07/08 which fees were expended and the amount of the expenditures on each improvement in FY 07/08, 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 08/09. The fund the construction of the public improvement will accumulated in this account are anticipated to be spent within 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. For additional information about future development fee revenues, see the "Residential, Commercial and Industrial Quarterly Status Report" prepared by the Community Development Department. � X0 0 Fund 2504— Fremont Storm Drain AOC Item Description Response (1) A brief description of the type of fee in the Fees for Fremont Storm Drain and related improvements as account or fund a result of additional development. (2) The amount of the fee Negotiated with developers based upon the estimated impact of development on the Fremont Storm drain. (3) The beginning and ending balance of the Beginning Balance (07/01/07) $ 13,820 account or fund Ending Balance (06/30/08) $ 14,531 (4) The amount of the fees collected and the Amount of Fees Collected $ - interest earned Interest Earned $ 711 Total Revenues $ 711 (5) An identification of each public improvement on No fees expended during FY 07/08. which fees were expended and the amount of the expenditures on each improvement in FY 07/08, 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 08/09. The fund 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 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 Industrial Quarterly Status Report" prepared by the Community Development Department. Fund 4002— Police Facilities Fund Item Description I 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(07/01/07) $ (2,205,777) fund Ending Balance(06130108) $ (1,943,789) (4) The amount of the fees collected and the interest Amount of Fees Collected $ 263,740 earned Interest Earned $ (1) Interfund Transfer Total Revenues $ 263,739 (5) An identification of each public improvement on Police Services Facility(2005) $ 1,752 which fees were expended and the amount of the expenditures on each improvement in FY 07/08, Total Cost of Project $ 1,752 including the total percentage of the cost of the %of project funded by fees: 100% public improvement that was funded with fees Total Expenses $ 1,752 (6) An identification of an approximate date by which the For FY 08/09 the City budgeted $105K for the Police Services Facilit construction of the public improvement will architecture design. 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 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: $ 1,943,495 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 $ 1,943,495 (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. {,���09Z