HomeMy WebLinkAboutAGENDA REPORT 2006 0118 CC REG ITEM 10HITEM 10- N.
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MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Johnny Ea, Finance Director
Prepared by: Deanna Farnell, Finance /Accounting Manager
DATE: December 20, 2005 (CC Meeting of January 18, 2006)
SUBJECT: Consider the Report Titled "Accounting of Fund Information as
Required by Section 66006 of the California Government Code for
Fiscal Year 2004/2005"
BACKGROUND
Section 66006 of the California Government Code (Code) requires local agencies to make
available to the public information regarding development - related fees exacted by the City.
This information is to be contained in a report made available for public review within at
least 180 days after the end of the City's fiscal year.
DISCUSSION
Section 66006 of the Code requires the City to prepare a report that addresses eight (8)
elements for each fund holding development - related fees. 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 2004/2005."
The report relates to transactions made during the fiscal year that concluded on June 30,
2005.
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.
0000€2
Honorable City Council
January 18, 2006
Page 2
STAFF RECOMMENDATION
Receive and file said report.
Attachment: "Accounting of Fund Information as Required by Section 66006 of the
California Code for Fiscal Year 2004/2005"
1 1 1
City of Moorpark, California
Accounting of Fund Information as Required by Section 66006 of the
California Government Code
for
Fiscal Year 2004/2005
Scheduled for Public Review at the City Council Meeting
of
January 18, 2006
111;•
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.
000085
Fund 2001 — Traffic Systems Management Fund
IIIIJ.�
Item Description
Response
(1)
A brief description of the type of fee in the
Fees based on the air quality impacts of development with
account or fund
the purpose of 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 Ai
Pollution Control District's guidelines.
(3)
The beginning and ending balance of the
Beginning Balance (07/01/04) $ 3,887,239
account or fund
Ending Balance (06/30/05) $ 3,985,792
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 89,464
interest earned
Interest Earned $ 81,076
Total Revenues $ 170,540
(5)
An identification of each public improvement
Com. Dev. Admin. Salaries $ 25,214
on which fees were expended and the amount
of the expenditures on each improvement in
Rail Trail Study (8050) $ 22,783
FY 04/05, including the total percentage of the
Total Cost of Project $ 33,463
cost of the public improvement that was
% of project funded by fees: 68%
funded with fees
Drain No. 2 Trail (8059) $ 23,991
Total Cost of Project $ 23,991
% of project funded by fees: 100%
Total Expenses $ 71,988
(6)
An identification of an approximate date by
For FY 05/06, $349K has been budgeted for a master plan
which the construction of the public
of trails & bikeways, factory inspection of two new transi
improvement will commence if the local
buses, 12.5% of two new transit buses and one new pool
agency determines that sufficient funds have
car, three trail projects, corporate yard equipment and 25%
been collected to complete public
of one (1) Admin Services Manager salaries /benefits t
improvement and the public improvement
administer projects.
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
Interfund Loans: $
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 Communit
Development Department.
IIIIJ.�
Fund 2002 — Citywide Traffic Mitigation Fund
000087
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
of development on traffic flow within the City.
(3)
The beginning and ending balance of the
Beginning Balance (07/01/04) $ 6,008,802
account or fund
Ending Balance (06/30/05) $ 6,233,085
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 194,054
interest earned
Interest Earned $ 126,187
Total Revenues $ 320,241
(5)
An identification of each public improvement on
Moorpark Ave/Widen Casey to 3rd (8040) $ 42,383
which fees were expended and the amount of
Total Cost of Project $ 84,025
the expenditures on each improvement in FY
% of project funded by fees: 50%
04/05, including the total percentage of the cost
of the public improvement that was funded with
North Hills Parkway (8061) $ 53,576
fees
Total Cost of Project $ 53,576
% of project funded by fees: 100%
Total Expenses $ 95,959
(6)
An identification of an approximate date by
For FY 05/06, $820K has been budgeted for Moorpark Ave.
which the construction of the public
Widening /Casey to 3rd (8040), Route 23 North Alignment
improvement will commence if the local agency
$150k (8045) and another $246K for North Hills Parkway
determines that sufficient funds have been
(8061). These are significant projects that are expected to
collected to complete public improvement and
require all the available funds in this account to complete.
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
Transfer to Community
loaned fees will be expended, and in the case of
Development
an interfund loan, the date on which the loan will
Interfund Loans: $
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 Quarter)
Status Report" prepared by the Community Development
Department.
000087
Fund 2003 — Crossing Guard Fund
111``
Item Description
I 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 wher
development would impact pedestrian routes to an
from schools within the City.
(3)
The beginning and ending balance of the
Beginning Balance (07/01/04) $ 167,904
account or fund
Ending Balance (06/30/05) $ 205,327
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 50,081
interest earned
Interest Earned $ 4,073
Total Revenues $ 54,154
(5)
An identification of each public improvement on
Crossing Guard Expenses $ 16,731
which fees were expended and the amount of
Total Cost of Project(s) $ 68,010
the expenditures on each improvement in FY
% of project funded by fees: 25%
04/05, including the total percentage of the cost
of the public improvement that was funded with
fees
Total Expenses $ 16,731
(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
determines that sufficient funds have been
from developers to offset the cost for five years only at
collected to complete public improvement and
impacted intersections. Approximately $30K has been
the public improvement remains incomplete
budgeted for FY 05/06 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 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
111``
Fund 21OX — Park Improvement Fund
Item Description
I Response
(1) A brief description of the type of fee in the
Quimby fees (Developer payments in lieu of dedicating
account or fund
park 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 and bike
path.
(2) The amount of the fee
A formula based on a dwelling
unit factor (current)
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 (07/01/04)
$ 2,013,559
account or fund
Ending Balance (06/30/05)
$ 2,209,637
(4) The amount of the fees collected and the
Amount of Fees Collected
$ 87,991
interest earned
Interest Earned
$ 49,945
Rents /Concessions
$ 14,118
Expense Reimbursements
$ 489,000
Sale Plans /Specifications
$ 380
Residual Equity Transfers
$ -
Total Revenues
$ 641,433
(5) An identification of each public improvement on
AVCP Sports Fields (7022)
$ 259,236
which fees were expended and the amount of
Total Cost of Project
$ 259,236
the expenditures on each improvement in FY
% of project funded by fees:
100%
04/05, including the total percentage of the cost
of the public improvement that was funded with
Duarte Property (7025)
$ 380
fees
Total Cost of Project
$ 380
% of project funded by fees:
100%
Poindexter Park (7801)
$ 535
Total Cost of Project
$ 39,332
% of project funded by fees:
1%
Virginia Colony Park (7804)
$ 55,136
Total Cost of Project
$ 64,138
% of project funded by fees:
86%
Mountain Meadows Park (7810)
$ 121,696
Total Cost of Project
$ 172,917
% of project funded by fees:
70%
Villa Campensina Park (7814)
$ 8,372
Total Cost of Project
$ 15,454
% of project funded by fees:
54%
Total Expenses
$ 445,355
Fund 21 OX — Park Improvement Fund
(continued)
(6) An identification of an approximate date by
$1.65 million in park improvement projects are planned
which the construction of the public
for FY 05/06. The major projects include
improvement will commence if the local agency
improvements to Arroyo Vista Community Park, Tierra
determines that sufficient funds have been
Rejada Park, Poindexter Park, Virginia Colony Park,
collected to complete public improvement and
Glenwood Park, Villa Campesina Park, Mountain
the public improvement remains incomplete
Meadows Park and Country Trail Park.
(7) A description of each interfund transfer or loan
Interfund Transfers:
made from the account or fund, including the
Transfer from City Wide to
public improvement on which the transferred or
Community Pool Fund
loaned fees will be expended, and in the case
Interfund Loans: $
of an interfund loan, the date on which the loan
Loan from General Fund:
will be repaid, and the rate of interest that the
Park Improvement Projects
account or fund will receive on the loan
Date of Repayment:
Interest Rate of Loan:
Amount of 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.
000090
Fund 2150 - Tree & Landscaping Fund
000091
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 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 (07/01/04) $ 131,960
account or fund
Ending Balance (06130105) $ 93,398
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 6,453
interest earned
Interest Earned $ 2,317
Sale Plans /Specifications $ 213
Total Revenues $ 8,982
(5)
An identification of each public improvement on
LA/TR Parkway Landscaping (8033) $ 14,462
which fees were expended and the amount of
Total Cost of Project $ 36,238
the expenditures on each improvement in FY
% of project funded by fees: 40%
04/05, including the total percentage of the cost
of the public improvement that was funded with
Parkway Trees - Spring Rd. (8054) $ 33,082
fees
Total Cost of Project $ 33,082
% of project funded by fees: 100%
Total Expenses $ 47,543
(6)
An identification of an approximate date by
For FY 05/06, $115K has been budgeted for the
which the construction of the public
Poindexter Parkway project (8048) and another $18K for
improvement will commence if the local agency
LA Ave /Tierra Rejada Parkway Landscaping (8033).
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 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.
000091
Fund 2151 - Art In Public Places
000092
Item Description
I Response
(1)
A brief description of the type of fee in the
Fees to provide art in public areas resulting from
account or fund
the demand for additional art from new
development.
(2)
The amount of the fee
$0.10 /commercial and industrial square foot
(3)
The beginning and ending balance of the
Beginning Balance (07/01/04) $ 102,964
account or fund
Ending Balance (06/30/05) $ 107,832
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 2,703
interest earned
Interest Earned $ 2,165
Total Revenues $ 4,868
(5)
An identification of each public improvement on
No fee expended during FY 04/05.
which fees were expended and the amount of
the expenditures on each improvement in FY
04/05, including the total percentage of the cost
of the public improvement that was funded with
fees
(6)
An identification of an approximate date by
For FY 05/06, $60K has been budgeted for
which the construction of the public
Spring /Flinn Artwork project.
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.
000092
Fund 2154 - Library Facilities Fund
000093
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 /multifamily dwelling
$612.06 /mobile home unit
$0.37 /commercial and industrial
square foot
(3)
The beginning and ending balance of the
Beginning Balance (07/01/04) $ 523,385
account or fund
Ending Balance (06/30/05) $ 627,152
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 92,185
interest earned
Interest Earned $ 11,970
Total Revenues $ 104,154
(5)
An identification of each public improvement on
Library Special Dept Supplies $ 387
which fees were expended and the amount of
the expenditures on each improvement in FY
04/05, including the total percentage of the cost
of the public improvement that was funded with
fees
Total Expenses $ 387
(6)
An identification of an approximate date by
For FY 05/06, the City budgeted $30,000 of these
which the construction of the public
funds for library material, including compact discs,
improvement will commence if the local agency
videos /DVDs, books, and other equipment.
determines that sufficient funds have been
collected to complete public improvement and
the public improvement remains incomplete
(7)
A description of each interfund transfer or loan
Interfund Transfers: $ -
made from the account or fund, including the
public improvement on which the transferred or
loaned fees will be expended, and in the case of
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:
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 Developmen
Department.
000093
Fund 2501 — Los Angeles Avenue Area of Contribution Fund
)094
em Description
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
a result of additional development.
(2)
The amount of the fee
$3,760 /residential unit
$21,057 /commercial acre
(3)
The beginning and ending balance of the
Beginning Balance (07/01/04) $
7,870,569
account or fund
Ending Balance (06/30/05) $
7,591,240
(4)
The amount of the fees collected and the
Amount of Fees Collected $
468,128
interest earned
Interest Earned $
27,520
Sale Plans /Specifications $
930
Total Revenues $
496,578
(5)
An identification of each public improvement on
LA Ave Maureen to Beltram (8003) $
26,075
which fees were expended and the amount of
Total Cost of Project $
89,100
the expenditures on each improvement in FY
% of project funded by fees:
29%
04/05, including the total percentage of the cost
LA Ave. Widening Spr /High (8012) $
88,590
of the public improvement that was funded with
Total Cost of Project $
88,590
fees
% of project funded by fees:
100%
LA Ave. Widening Spr /Mrpk (8013) $
438,630
Total Cost of Project $
438,630
% of project funded by fees:
100%
Spring Road Widening (8026) $
60,241
Total Cost of Project $
60,241
% of project funded by fees:
100%
Flinn /Spring Modification (8037) $
2,113
Total Cost of Project $
4,227
% of project funded by fees:
50%
Total Expenses $
615,649
(6)
An identification of an approximate date by
Approximately $5 million in this fund has been
which the construction of the public
budgeted for twelve (12) various ongoing
as well as
improvement will commence if the local agency
new projects in FY 05/06. Many of these projects will
determines that sufficient funds have been
require two to three fiscal years for completion.
collected to complete public improvement and
the public improvement remains incomplete
(7)
A description of each interfund transfer or loan
Interfund Transfers $
160,259
made from the account or fund, including the
public improvement on which the transferred or
Interfund Loans
loaned fees will be expended, and in the case
Loan to Tierra Rejada AOC $
352,863
of an interfund loan, the date on which the loan
Spring Road Bridge project
will be repaid, and the rate of interest that the
Date of Repayment: Not Specified
account or fund will receive on the loan
Interest Rate of Loan: 0.00%
Amount of Loan: $352,863
(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.
00
)094
Fund 2502 — Tierra Rejada Road / Spring Road Area of Contribution Fund
000095
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
$ 3,553 /residential unit
$19,892 /commercial acre
(3)
The beginning and ending balance of the
Beginning Balance (07/01/04) $ (195,625)
account or fund
Ending Balance (06/30/05) $ (276,829)
(4)
The amount of the fees collected and the interest
Amount of Fees Collected $ 13,467
earned
Interest Earned $ 10,112
Sale Plans /Specifications $ 235
Total Revenues $ 23,814
(5)
An identification of each public improvement on
TR Signal Interconnect (8036) $ 12
which fees were expended and the amount of
Total Cost of Project $ 12
the expenditures on each improvement in FY
% of project funded by fees: 100%
04/05, including the total percentage of the cost
of the public improvement that was funded with
TR Median /Spring to FWY (8042) $ 17,254
fees
Total Cost of Project $ 17,254
% of project funded by fees: 100%
Spring Rd Dble Lft Turn Lane (8055) $ 87,752
Total Cost of Project $ 87,752
% of project funded by fees: 100%
Total Expenses $ 105,018
(6)
An identification of an approximate date by which
For FY 05/06, an additional $103K has been budgeted
the construction of the public improvement will
for Traffic Signal Interconnect Project (8036), $873K for
commence if the local agency determines that
Tierra Rejada Median (8042), and $12K for Spring
sufficient funds have been collected to complete
Road Double Left Turn Lane (8055). Additional loan
public improvement and the public improvement
from the LA AOC Fund may be required depending on
remains incomplete
when these projects are completed.
(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
Interfund Loans $ 352,863
loaned fees will be expended, and in the case of
Loan from Los Angeles Ave AOC
an interfund loan, the date on which the loan will
Spring Road Bridge project
be repaid, and the rate of interest that the
Date of Repayment: Not Specified
account or fund will receive on the loan
Interest Rate of Loan: 0.00%
Amount of Loan: $352,863
(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 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.
000095
Fund 2503 — Casey Road /Gabbert Road Area of Contribution Fund
111;1•.
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
$2,030 /residential unit
$6,428 /commercial acre
(3)
The beginning and ending balance of the
Beginning Balance (07/01/04) $ 47,171
account or fund
Ending Balance (06/30/05) $ 50,201
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 2,030
interest earned
Interest Earned $ 1,000
Total Revenues $ 3,030
(5)
An identification of each public improvement on
No fees expended during FY 04/05.
which fees were expended and the amount of
the expenditures on each improvement in FY
04/05, including the total percentage of the cost
of the public improvement that was funded with
fees
(6)
An identification of an approximate date by
The funds accumulated in this account are anticipated
which the construction of the public
to be spent within the next five fiscal years on
improvement will commence if the local agency
appropriate street improvement programs.
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
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.
111;1•.
Fund 2504 — Fremont Storm Drain AOC
00009'7
Item Description
Response
(1)
A brief description of the type of fee in the
Fees for Freemont Storm Drain and relate
account or fund
improvements as a result of additional development.
(2)
The amount of the fee
Negotiated with developers based upon the estimated
impact of development on the Freemont Storm drain.
(3)
The beginning and ending balance of the
Beginning Balance (07/01/04) $ 12,433
account or fund
Ending Balance (06/30/05) $ 12,692
(4)
The amount of the fees collected and the
Amount of Fees Collected $ -
interest earned
Interest Earned $ 258
Total Revenues $ 258
(5)
An identification of each public improvement on
No fees expended during FY 04/05.
which fees were expended and the amount of
the expenditures on each improvement in FY
04/05, including the total percentage of the cost
of the public improvement that was funded with
fees
(6)
An identification of an approximate date by
The funds accumulated in this account are anticipated
which the construction of the public
to be spent within the next five fiscal years on
improvement will commence if the local agency
appropriate storm drain improvements.
determines that sufficient funds have been
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)
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.
00009'7
Fund 4002 — Police Facilities Fund
1111•';
Item Description
I Response
(1)
A brief description of the type of fee in the
Fees are collected by Building and Safety prior t
account or fund
issuance of building permits for construction of polic
facilities within the City to fund the increased deman
for police services as a result of additiona
development.
(2)
The amount of the fee
$677 /Single family dwelling
$677 /Multi - family dwelling, per unit
$677 /Mobile home, per unit
$0.41 /Commercial and Industrial square foot
(3)
The beginning and ending balance of the
Beginning Balance (07/01/04) $ (1,387,154)
account or fund
Ending Balance (06/30/05) $ (7,198,709)
(4)
The amount of the fees collected and the
Amount of Fees Collected $ 85,411
interest earned
Interest Earned $ -
Total Revenues $ 85,411
(5)
An identification of each public improvement on
Police Services Facility (2005) $ 5,896,966
which fees were expended and the amount of
the expenditures on each improvement in FY
Total Cost of Project $ 5,896,966
04/05, including the total percentage of the cost
% of project funded by fees: 100%
of the public improvement that was funded with
fees
Total Expenses $ 5,896,966
(6)
An identification of an approximate date by
Although no additional funds were budgeted in F
which the construction of the public
05/06 the final costs of completion for the Police
improvement will commence if the local agency
Services Facility are still being calculated. A mid -yea
determines that sufficient funds have been
budget adjustment will ensure coverage of the
collected to complete public improvement and
additional funds needed. The Police Services Facility
the public improvement remains incomplete
was occupied in November 2005.
(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
Interfund Loans: $ 7,946,630
loaned fees will be expended, and in the case of
Loan from Endowment fund for
an interfund loan, the date on which the loan will
Police Services Facility
be repaid, and the rate of interest that the
Date of Repayment: As development fees are
account or fund will receive on the loan
collected in future years
Interest Rate of Loan: 0.00%
(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.
1111•';