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HomeMy WebLinkAboutAGENDA REPORT 2006 1206 CC REG ITEM 10FrrEM 10- rg .,. MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Johnny Ea, Finance Director r::77-� Prepared by: Deanna Farnell, Finance /Accounting Manager DATE: October 27, 2006 (CC Meeting of December 6, 2006) SUBJECT: Consider the Report Titled "Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2005/2006" 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 2005/2006." The report relates to transactions made during the fiscal year that concluded on June 30, 2006. 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. Honorable City Council December 6, 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 2005/2006" City of Moorpark, California Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2005/2006 Scheduled for Public Review at the City Council Meeting of December 6, 2006 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. Fund 2001 —Traffic Systems Management Fund 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 (07/01/05) $ 3,985,792 account or fund Ending Balance (06/30106) $ 5,068,996 (4) The amount of the fees collected and the Amount of Fees Collected $ 1,016,839 interest earned Interest Earned $ 142,836 Total Revenues $ 1,159,675 (5) An identification of each public improvement Com. Dev. Admin. Salaries $ 30,784 on which fees were expended and the amount of the expenditures on each improvement in Public Transit (7302) $ 15,000 FY 05/06, including the total percentage of the Total Cost of Project $ 499,073 cost of the public improvement that was % of project funded by fees: 3% funded with fees Rail Trail Study (8050) $ 79 Total Cost of Project $ 143 % of project funded by fees: 55% Drain No. 2 Trail (8059) $ 4,617 Total Cost of Project $ 4,617 % of project funded by fees: 100% Other Expense - Vehicles $ 25,991 Total Expenses $ 76,470 (6) An identification of an approximate date by For FY 06/07, $248K has been budgeted for a master plan which the construction of the public of trails & bikeways, three trail projects, corporate yard improvement will commence if the local equipment and 25% of one (1) Administrative Service agency determines that sufficient funds have Manager 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 loan made from the account or fund, including Interfund Transfers: the public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate Interfund Loans: $ 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. Fo additional information about future development fe revenues, see the "Residential, Commercial and industria Quarterly Status Report" prepared by the Communi Development Department. Fund 2002 — Citywide Traffic Mitigation Fund r° C � .., , 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 (07/01/05) $ 6,233,085 account or fund Ending Balance (06/30/06) $ 9,320,012 (4) The amount of the fees collected and the Amount of Fees Collected $ 3,028,027 interest earned Interest Earned $ 238,135 Total Revenues $ 3,266,162 (5) An identification of each public improvement on Moorpark Ave/Widen Casey to 3rd (8040) $ 9,096 which fees were expended and the amount of Total Cost of Project $ 646,271 the expenditures on each improvement in FY % of project funded by fees: 1% 05/06, including the total percentage of the cost of the public improvement that was funded with fees Route 23 North Alignment (8045) $ 35,882 Total Cost of Project $ 35,882 % of project funded by fees: 100% North Hills Parkway (8061) $ 134,256 Total Cost of Project $ 134,256 % of project funded by fees: 100% Total Expenses $ 179,234 (6) An identification of an approximate date by For FY 06/07, $401K 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 $114k (8045) and another $112K 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. r° C � .., , 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 wher development would impact pedestrian routes to an from schools within the City. (3) The beginning and ending balance of the Beginning Balance (07/01/05) $ 205,327 account or fund Ending Balance (06/30/06) $ 300,778 (4) The amount of the fees collected and the Amount of Fees Collected $ 98,683 interest earned Interest Earned $ 7,276 Total Revenues $ 105,959 (5) An identification of each public improvement on Crossing Guard Expenses $ 10,507 which fees were expended and the amount of Total Cost of Project(s) $ 110,875 the expenditures on each improvement in FY % of project funded by fees: 9% 05/06, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ 10,507 (6) An identification of an approximate date by The fees collected in this account are used to partial) which the construction of the public fund the annual costs of providing crossing guard improvement will commence if the local agency services at specified locations. Fees are collecte determines that sufficient funds have been from developers to offset the cost for five years only a collected to complete public improvement and impacted intersections. Approximately $22K has been the public improvement remains incomplete budgeted for FY 06/07 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 Fund 21 OX — Park Improvement Fund Item Description 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 o 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 (07/01/05) $ 2,209,638 account or fund Ending Balance (06/30/06) $ 3,341,752 (4) The amount of the fees collected and the Other Development Fees $ 51,364 interest earned Amount of Fees Collected $ 746,664 Fees in Lieu of Park Land $ 406,079 Interest Earned $ 99,456 Rents /Concessions $ 14,866 Sale Plans /Specifications $ 90 Total Revenues $ 1,318,519 (5) An identification of each public improvement on AVCP Sports Fields (7022) $ 24,178 which fees were expended and the amount of Total Cost of Project $ 24,178 the expenditures on each improvement in FY % of project funded by fees: 100% 05/06, including the total percentage of the cost of the public improvement that was funded with Poindexter Park (7801) $ 19,093 fees Total Cost of Project $ 19,093 % of project funded by fees: 100% Arroyo Vista (7803) $ 102,396 Total Cost of Project $ 102,396 % of project funded by fees: 100% Virginia Colony Park (7804) $ 13,378 Total Cost of Project $ 13,378 % of project funded by fees: 100% Mountain Meadows Park (7810) $ 1,430 Total Cost of Project $ 1,430 % of project funded by fees: 100% Tierra Rejada Park (7811) $ 1,290 Total Cost of Project $ 1,305 % of project funded by fees: 99% Glenwood Park (7813) $ 24,640 Total Cost of Project $ 24,640 % of project funded by fees: 100% Total Expenses $ 186,404 Fund 21 OX — Park Improvement Fund (continued) (6) An identification of an approximate date by $3.39 million in park improvement projects are planned which the construction of the public for FY 06/07. The major projects includ improvement will commence if the local agency improvements to AV Sports Field, Arroyo Vist determines that sufficient funds have been Community Park, Tierra Rejada Park, Poindexter Park, collected to complete public improvement and Glenwood Park, Campus Canyon Park, Monte Vist the public improvement remains incomplete Park and Country Trail Park and a Park Master Plan. (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 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 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 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 (07/01/05) $ 93,398 account or fund Ending Balance (06/30/06) $ 113,604 (4) The amount of the fees collected and the Amount of Fees Collected $ 16,850 interest earned Interest Earned $ 3,355 Total Revenues $ 20,205 (5) An identification of each public improvement on LA/TR Parkway Landscaping (8033) $ - which fees were expended and the amount of Total Cost of Project $ 4,541 the expenditures on each improvement in FY % of project funded by fees: 0% 05/06, 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 For FY 06/07, $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 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 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 1% of total building valuation (single family, multi- family, mobilehome, commerical, industrial (3) The beginning and ending balance of the Beginning Balance (07/01/05) $ 102,964 account or fund Ending Balance (06/30106) $ 877,808 (4) The amount of the fees collected and the Amount of Fees Collected $ 766,034 interest earned Interest Earned $ 8,811 Total Revenues $ 774,844 (5) An identification of each public improvement on No fees expended during FY 05/06. which fees were expended and the amount of the expenditures on each improvement in FY 05/06, 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 06/07, $400K 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 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 (07/01/05) $ 627,152 account or fund Ending Balance (06/30/06) $ 1,009,924 (4) The amount of the fees collected and the Amount of Fees Collected $ 387,527 interest earned Interest Earned $ 25,362 Total Revenues $ 412,890 (5) An identification of each public improvement on Library Special Dept Supplies $ 193 which fees were expended and the amount of the expenditures on each improvement in FY 05/06, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ 193 (6) An identification of an approximate date by For FY 06/07, the City budgeted $300K of these fund which the construction of the public for library material, including compact discs, improvement will commence if the local agency videos /DVDs, books, and other equipment. With the determines that sufficient funds have been Library facilities coming under the direct supervision o collected to complete public improvement and the City of Moorpark (previously run by the County o the public improvement remains incomplete Ventura), costs have been budgeted for this reorganization. In addition, staff is working with the City Council on building a new library facility in the upcoming years. (7) A description of each interfund transfer or loan Interfund Transfers: $ 29,925 made from the account or fund, including the To repay the General Fund for the public improvement on which the transferred or Library Needs Study 6/30/06 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 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 improvemen budget. For additional information about futur development fee revenues, see the "Residential, Commercial and industrial Quarterly Status Report' prepared by the Community Developmen Department. Fund 2501 — Los Angeles Avenue Area of Contribution Fund em Description es onse (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 $ 7,807 /residential unit $43,717 /commercial and industrial acre (3) The beginning and ending balance of the Beginning Balance (07/01/05) $ 7,591,240 account or fund Ending Balance (06/30/06) $11,708,010 (4) The amount of the fees collected and the Amount of Fees Collected $ 5,193,281 interest earned Interest Earned $ 321,814 Sale Plans /Specifications $ - Total Revenues $ 5,515,095 (5) An identification of each public improvement on Special Professional Services $ 1,174 which fees were expended and the amount of the expenditures on each improvement in FY LA Ave Maureen to Beltram (8003) $ 809,709 05/06, including the total percentage of the cost Total Cost of Project $ 1,293,478 of the public improvement that was funded with % of project funded by fees: 63% fees LA Ave Signal Interconnect (8004) $ 22,928 Total Cost of Project $ 22,928 % of project funded by fees: 100% Princeton Ave Widening (8012) $ 378,937 Total Cost of Project $ 378,937 % of project funded by fees: 100% LA Ave Widening Spr /Mrpk (8013) $ 87,277 Total Cost of Project $ 87,277 % of project funded by fees: 100% Spring Road Widening (8026) $ 75,863 Total Cost of Project $ 75,863 % of project funded by fees: 100% LA/TR Parkway Landscaping (8033) $ 4,541 Total Cost of Project $ 4,541 % of project funded by fees: 100% Flinn /Spring Modification (8037) $ 15,167 Total Cost of Project $ 33,720 % of project funded by fees: 45% LA/TR Signal Modification (8046) $ 260 Total Cost of Project $ 260 % of project funded by fees: 100% LA Ave Medians (8047) $ 2,469 Total Cost of Project $ 33,720 % of project funded by fees: 7% Total Expenses $ 1,398,325 (6) An identification of an approximate date by Approximately $4.2 million in this fund has been budgeted which the construction of the public for twelve (12) various ongoing as well as new projects i improvement will commence if the local agency FY 06/07. Many of these projects will require two to thre determines that sufficient funds have been fiscal years for completion. collected to complete public improvement and the public improvement remains incomplete I Fund 2501 — Los Angeles Avenue Area of Contribution Fund (continued) (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 Loans loaned fees will be expended, and in the case of Loan L Loan to Tierra Rejada AOC $ 352,863 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 Loan to Tierra Rejada AOC $ 600,000 Tierra Rejada Median Landscape project (8042) Date of Repayment: Not Specified Interest Rate of Loan: 0.00% Amount of Loan: $600,000 (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 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 $ 7,240.11 /residential unit $40,544.64 /commercial and industrial acre (3) The beginning and ending balance of the Beginning Balance (07/01/05) $ (276,829) account or fund Ending Balance (06/30/06) $ (673,318) (4) The amount of the fees collected and the interest Amount of Fees Collected $ 427,292 earned Interest Earned $ 9,250 Revs Not Elsewhere Classified $ 1,840 Sale Plans /Specifications $ 170 Total Revenues $ 438,552 (5) An identification of each public improvement on Special Professional Services $ 638 which fees were expended and the amount of the expenditures on each improvement in FY TR Signal Interconnect (8036) $ 13,469 05/06, including the total percentage of the cost Total Cost of Project $ 13,469 of the public improvement that was funded with % of project funded by fees: 100% fees TR Median /Spring to FWY (8042) $ 818,314 Total Cost of Project $ 818,314 % of project funded by fees: 100% Spring Rd Dble Lft Turn Lane (8055) $ 2,620 Total Cost of Project $ 2,620 % of project funded by fees: 100% Total Expenses $ 835,041 (6) An identification of an approximate date by which For FY 06/07, an additional $239K has been budgeted fo the construction of the public improvement will Tierra Rejada Traffic Signal Interconnect project (8036 commence if the local agency determines that and $56K for Tierra Rejada Median (8042). Additions sufficient funds have been collected to complete loans from the LA AOC Fund may be required dependin public improvement and the public improvement on when these projects are completed. 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 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 Loan from Los Angeles Ave AOC $ 600,000 Tierra Rejada Median Landscape project (8042) Date of Repayment: Not Specified Interest Rate of Loan: 0.00% Amount of Loan: $600,000 Fund 2502 — Tierra Rejada Road / Spring Road Area of Contribution Fund (continued) (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 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 2503 — Casey Road /Gabbert Road Area of Contribution Fund •..1.. � Fa x c � R Item Descri tion 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 and industrial acre (3) The beginning and ending balance of the Beginning Balance (07/01/05) $ 50,201 account or fund Ending Balance (06/30/06) $ 65,691 (4) The amount of the fees collected and the Amount of Fees Collected $ 3,701 interest earned Interest Earned $ 3,174 Expense Reimbursements $ 40,608 Other Admin Service Fees $ 5,623 Total Revenues $ 53,107 (5) An identification of each public improvement on Casey Rd Widening (8027) $ 37,617 which fees were expended and the amount of Total Cost of Project $ 37,617 the expenditures on each improvement in FY % of project funded by fees: 100% 05/06, including the total percentage of the cost of the public improvement that was funded with Total Expenses $ 37,617 fees (6) An identification of an approximate date by The funds accumulated in this account are anticipate 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 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. •..1.. � Fa x c � R Fund 2504 — Fremont Storm Drain AOC ` C-% .- :�';.' 9,t—: -w 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 (07/01/05) $ 12,692 account or fund Ending Balance (06/30/06) $ 13,129 (4) The amount of the fees collected and the Amount of Fees Collected $ - interest earned Interest Earned $ 438 Total Revenues $ 438 (5) An identification of each public improvement on No fees expended during FY 05/06. which fees were expended and the amount of the expenditures on each improvement in FY 05/06, 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 anticipate 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 futur development fee revenues, see the "Residential, Commercial and industrial Quarterly Status Report' prepared by the Community Development Department. ` C-% .- :�';.' 9,t—: -w 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 o fund building permits for construction of police facilities within the City to fund the increased demand for police services as result of additional development. (2) The amount of the fee $1,027 /single family dwelling $1,027 /multi - family dwelling, per unit $1,027 /mobilehome, per unit $0.60 /commercial and industrial square foot (3) The beginning and ending balance of the account or Beginning Balance (07/01/05) $ (7,198,709) fund Ending Balance (06/30/06) $ (7,716,452) (4) The amount of the fees collected and the interest Amount of Fees Collected $ 356,592 earned Interest Earned $ 4,149 Total Revenues $ 360,741 (5) An identification of each public improvement on Police Services Facility (2005) $ 878,483 which fees were expended and the amount of the expenditures on each improvement in FY 05/06, Total Cost of Project $ 878,483 including the total percentage of the cost of the % of project funded by fees: 100% public improvement that was funded with fees Total Expenses $ 878,483 (6) An identification of an approximate date by which the For FY 06/07 the City budgeted $600K for the final costs o construction of the public improvement will completion for the Police Services Facility. 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 Interfund Loans: $ 7,641,592 will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and Loan from Endowment fund for the rate of interest that the account or fund will Police Services Facility receive on the loan Date of Repayment: As development fees are collected in future years Interest Rate of Loan: 0.00% Reconciliation will be performed after all final invoices are received. Estimated Contributions from Endowment fund $ 2,700,000 (This will reduce Interfund Loans of $7,641,592) (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 66001 (of the Code) Allocations Made: $ 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 Statu Report" prepared by the Community Development Department.