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HomeMy WebLinkAboutAGENDA REPORT 2017 1206 CCSA REG ITEM 10G ITEM 10.G. ^,4 CALIFOP1' C4-1:Coimcr -F- ' MOORPARK CITY COUNCIL - - AGENDA REPORT BY: TO: Honorable City Council to- FROM: Ron Ahlers, Finance Director '` Prepared by: Irmina Lumbad, Deputy Finance Director J DATE: November 6, 2017 (CC Meeting of December 6, 2017) • SUBJECT: Consider the Report Titled "Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2016/2017" BACKGROUND California Government Code Sections 66000-66008 prescribe the use, accounting and reporting of fees imposed by a local agency to an applicant as a condition of approval of a development project. The purpose of these fees is to defray all or a portion of the cost of public facilities related to the development project. 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. The report was posted on the City's website and at the City Hall's front counter on November 21, and the agenda item was schedule for the next regular meeting on December 6. DISCUSSION Section 66006 requires the following annual disclosures for each fund: a) brief description of the fee, b) amount of the fee, c) beginning and ending balance of fund, d) amount of fees collected and the interest earned, e) identification of each public improvement on which fees were expended and the amount of expenditures on each improvement, f) identification of an approximate date by which the construction of the public improvement will commence, g) description of each interfund transfer or loan made from the fund, and h) amount of refunds. 556 Honorable City Council December 6, 2017 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 2016/2017". The report, based on the City's unaudited financial records, relates to transactions made during the fiscal year that concluded on June 30, 2017. Gabbert Road/Casey Road Area of Contribution (GB/CSY AOC) fee was established to finance improvements to Gabbed Road for 3,000 feet north from the railroad tracks to provide full two-lane road with shoulders and drainage facilities, and Casey Road for 500 feet west from Walnut Canyon Road to residential collector standard with concrete curb and gutter. GB/CSY AOC fees were collected from developers upon approval of final tract or parcel maps within 3.6 square miles area limits and deposited in the Gabbed Road/Casey Road Area of Contribution Fund (2016). On March 15, 2017, City Council adopted Resolution No. 2017-3587 eliminating the GB/CSY AOC fee. As of June 30, 2017, Fund 2016 has $96,961 in remaining resources which will be used for future City projects within the described area of improvement. As required by the Code, these reports have been made available to the public at least 15 days prior to the meeting date at the front counter of City Hall. FISCAL IMPACT There is no fiscal impact. STAFF RECOMMENDATION Receive and file report. Attachment 1: "Accounting of Fund Information as Required by Section 66006 of the California Code for Fiscal Year 2016/2017" 557 QPP•ixK Cq�O., cOV ®q ATAIA*'( -4016*-1* -t94116*Xiil m q r£o �J� City of Moorpark, California Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 2016/2017 Scheduled for Public Review at the City Council Meeting of December 6, 2017 558 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 (§66006) 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. 559 Fund 2001 —Traffic Systems Management Item Description Response (1) A brief description of the type of fee in the Fees based on the air quality impacts of development with the account or fund 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 Air Pollution Control District's guidelines. (3) The beginning and ending balance of the account Beginning Balance (07/01/16) $ 4,807,059 or fund Ending Balance (06/30/17) $ 2,518,816 (4) The amount of the fees collected and the interest Amount of Fees Collected $ 180,809 earned Interest Earned/(Loss) $ (22,485) Others(Sale of Plans/Specifications/Reimburse' $ 162 Total Revenues $ 158,486 (5) An identification of each public improvement on City Staff Costs $ 30,297 which fees were expended and the amount of the Vehicle Acquisition $ 22,365 expenditures on each improvement in FY16/17, Transit Operations (CNG bus 8071-9102 ) $ 230,092 including the total percentage of the cost of the Natural Gas (CNG bus fuel 8071-9416) $ 56,487 public improvement that was funded with fees. Civic Center Pedestrian Access Improvements (C0014) 8,894 Total Cost of Project $ 13,604 % of project funded by fees: 65% Arroyo Vista Community Park(AVCP) Loop Trail (C0018) $ 1,968,680 Total Project Costs* $ 4,448,881 % of project funded by fees: 44% Metrolink South Second Entrance (coo29) $ 15,086 Total Cost of Project* $ 15,086 % of project funded by fees: 100% Metrolink North Parking (coo32) $ 17,461 * Total Project Costs excludes interfund transfers Total Cost of Project* $ 40,095 for City Engineering/Parks Recreation staff %of project funded by fees: 44% project and administrative costs. Total Expenses $ 2,349,364 (6) An identification of an approximate date by which The adopted budget for FY 17/18 includes the the construction of the public improvement will following capital improvement projects: commence if the local agency determines that Civic Center Pedestrian Access Improvements sufficient funds have been collected to complete (cola) $ 476,629 public improvement and the public improvement AVCP Loop Trail (cools) $ 30,417 remains incomplete Metrolink South Lot Entry(coo29) $ 129,485 Metrolink North Parking (coo32) $ 17,633 Los Angeles Avenue Undergrounding (coo33) $ 286 Arroyo Dr Bike/Ped (coo37) $ 200,000 Tierra Rejada Bus Turn-Out(coo49) $ 25,000 Total $ 879,450 560 Fund 2001 —Traffic Systems Management Item Description Response (7) A description of each interfund transfer or loan |n0arfundTransfere: made from the account or fund, including the public improvement on which the transferred or Equipment Replacement (3003) 1,116 loaned fees will be uxpondad, and in the case of City Engineering/Parks Recreation staff cost an interfund loan, the date on which the loan will reimbursement for the following CIP projects: be nopaid, and the rate of interest that the account Civic Ctr Ped Access Improvement (cola) $ 3.600 or fund will receive on the loan AVCPLoop Trail (cool ) $ 66,420 Metrolink South Lot New Entry(coo29) $ 8.814 Metrolink North Parking (coo32) $ 15,451 Arroyo Dr Bike/Ped (cooxr) $ 910 Tierra Rejada Bus Turn-Out (coo49) $ 1.055 Total $ 97.366 Interfund Loans: (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 86001 (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 pnojaots, 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" 561 Fund 2002—Citywide Traffic Mitigation Item Description Response (1) A brief description of the type of fee in the Fees to fund mitigation measures for increased traffic flows 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 (07/01/16) $ 18,014,834 account or fund Ending Balance (06/30/17) $ 18,555,449 (4) The amount of the fees collected and the Amount of Fees Collected $ 1,767,589 interest earned Interest Earned/(Loss) $ (8,386) Rents-Tenants $ 72,520 Total Revenues $ 1,831,723 (5) An identification of each public improvement on which fees were expended and the amount of Contractual Services/Property Maintenance $ 15,982 the expenditures on each improvement in FY 16/17, including the total percentage of the cost of the public improvement that was funded with Moorpark Ave Widening-Casey&3rd (c0004) $ 1,273,927 fees. Total Cost of Project $ 1,273,927 %of project funded by fees: 100% Total Expenses $ 1,289,909 (6) An identification of an approximate date by The adopted budget for FY 17/18 includes the which the construction of the public following projects: improvement will commence if the local agency determines that sufficient funds have been Moorpark Ave Widening-Casey&3rd (coma) $ 101,648 collected to complete public improvement and 23 North Alignment(coo25) $ 22,288 the public improvement remains incomplete North Hills Parkway(coo3l) $ 1,260,973 Total $ 1,384,909 These are significant projects that are expected to require all the available funds in this account to complete. (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 Planning/Engineering City Staff cost loaned fees will be expended, and in the case reimbursement- Moorpark Ave Widening-Casey of an interfund loan, the date on which the loan &3rd (cocoa) $ 1,200 will be repaid, and the rate of interest that the account or fund will receive on the loan Total Interfund Transfers $ 1,200 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) of Section 66001 (of the Code) Allocations Made: $ - 562 Fund 2002—Citywide Traffic Mitigation 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. • 563 Fund 2003—Crossing Guard Item Description Response (1) A brief description of the type of fee in the Fees for the provision of increased crossing guards at account or fund specific locations as a result of additional residential development. (2) The amount of the fee Negotiated with developers in areas where development would impact pedestrian routes to and from schools within the City. (3) The beginning and ending balance of the Beginning Balance(07/01/16) $ 302,050 account or fund Ending Balance(06/30/17) $ 250,997 (4) The amount of the fees collected and the Amount of Fees Collected $ - interest earned Interest Earned/(Loss) $ (1,169) Total Revenues $ (1,169) (5) An identification of each public improvement on Crossing Guard Expenses $ 49,885 which fees were expended and the amount of Total Cost of Project(s) $ 85,059 the expenditures on each improvement in FY % of project funded by fees: 59% 16/17, including the total percentage of the cost of the public improvement that was funded with Refunds/Reimbursements not fees subject to item §66001 (e) $ - Total Expenses $ 49,885 (6) An identification of an approximate date by The fees collected in this account are used to partially which the construction of the public fund the annual costs of providing crossing guard improvement will commence if the local agency services at specified locations. Fees are collected from determines that sufficient funds have been developers to offset the cost for five years only at collected to complete public improvement and impacted intersections. In FY 17/18, $52,211, has been the public improvement remains incomplete appropriated for crossing guard services. (7) A description of each interfund transfer or loan Interfund Transfers: $ - made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in the case Interfund Loans: $of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) of Section 66001 (of the Code) Allocations Made: $ - Additional Comments: None 564 Fund 2004 - Library Facilities Item Description Response (1) A brief description of the type of fee in the Fees to provide additional library facilities to account or fund accommodate demand for library services caused by additional development. (2) The amount of the fee $925.68/single family dwelling, $596.91/multi-family dwelling, per unit $612.06/mobilehome, per unit $0.37/commercial and industrial square foot (3) The beginning and ending balance of the Beginning Balance (07/01/16) $ 1,605,692 account or fund Ending Balance (06/30/17) $ 1,732,384 (4) The amount of the fees collected and the Amount of Fees Collected $ 116,978 interest earned State Grant $ 29,179 Interest Earned/(Loss) $ (299) Tota! Revenues $ 145,858 (5) An identification of each public improvement on Contract Services $ 12,450 which fees were expended and the amount of Operating Supplies $ 1,110 the expenditures on each improvement in FY 16/17, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ 13,560 (6) An identification of an approximate date by The FY 17/18 budget includes $7,500 for operating costs which the construction of the public relating to legal service and maintenance/repair supplies. improvement will commence if the local agency In addition $110,600 is appropriated for HVAC unit determines that sufficient funds have been replacement, furniture replacements, a new broadband collected to complete public improvement and and security camera solution. the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the Equipment Replacement(3003) $ 5,606 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 (0 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. 565 Fund 2005 - Open Space Maintenance Item Description Response (1) A brief description of the type of fee in the Fees to fund preservation of existing greenbelts and account or fund open space lands; and/or acquisition of properties under threat of conversion to other uses for open space purposes . (2) The amount of the fee Negotiated with developers based upon the estimated impact of development on open space/agricultural zones. (3) The beginning and ending balance of the Beginning Balance(07/01/16) $ 241,703 account or fund Ending Balance (06/30/17) $ 241,430 (4) The amount of the fees collected and the Amount of Fees Collected $ - interest earned Interest Earned/(Loss) $ (273) Total Revenues $ (273) (5) An identification of each public improvement on Contract Services $ - which fees were expended and the amount of Operating Supplies $the expenditures on each improvement in FY 16/17, including the total percentage of the cost of the public improvement that was funded with fees. Total Expenses $ - (6) An identification of an approximate date by No funds were appropriated for FY 17/18. 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 Interfund Transfers: made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in the case Interfund Loans: $of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $of Section 66001 (of the Code) Additional Comments: For information about pending and planned capital projects, see the City's annual capital improvement budget. For additional information about future development fee revenues, see the "Residential, Commercial and Industrial Quarterly Status Report" prepared by the Community Development Department. 566 Fund 2006 -Tree & Landscaping Item Description Response (1) A brief description of the type of fee in the Fees to provide landscaping and trees in public areas account or fund resulting from the increase in demand from additional development. (2) The amount of the fee $0.05/commercial and industrial square foot (3) The beginning and ending balance of the Beginning Balance(07/01/16) $ 164,062 account or fund Ending Balance(06/30/17) $ 167,160 (4) The amount of the fees collected and the Amount of Fees Collected $ 3,239 interest earned Interest Earned/(Loss) $ (141) Total Revenues $ 3,098 (5) An identification of each public improvement No fees expended in FY 16/17 $on which fees were expended and the amount of the expenditures on each improvement in FY 16/17, including the total percentage of the cost of the public improvement that was funded with fees • Total Expenses $ - (6) An identification of an approximate date by No funds were appropriated for FY 17/18. 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, Interfund Transfers: $ - including the public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the Interfund Loans: $ - account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to Allocations Made: $ - subdivision (f) of Section 66001 (of the Code) 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. • 567 Fund 2007 -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(07/01/16) $ 3,894,114 account or fund Ending Balance(06/30/17) $ 4,316,322 (4) The amount of the fees collected and the Amount of Fees Collected $ 447,194 interest earned Interest Earned/(Loss) $ 2,026 Other Revenues $ 81 Total Revenues $ 449,301 (5) An identification of each public improvement Staff Costs $ 14,778 on which fees were expended and the amount of the expenditures on each Train Station Public Art(C0015) $ 10,875 improvement in FY 16/17, including the total Total Cost of Project $ 10,875 percentage of the cost of the public % of project funded by fees: 100% improvement that was funded with fees Total Expenses $ 25,653 (6) An identification of an approximate date by The adopted budget for FY 17/18 includes the which the construction of the public following project: improvement will commence if the local Train Station Public Art(C0015) $ 139,040 agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete A description of each interfund transfer or (7) loan made from the account or fund, including the public improvement on which Interfund Transfers: the transferred or loaned fees will be City Staff cost reimbursement-Train expended, and in the case of an interfund Station Public Art(C0015) $ 1,440 loan, the date on which the loan will be repaid, and the rate of interest that the Total $ 1,440 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 Allocations Made: $ - subdivision (f)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. 568 Funds 20XX— Park Improvement Item Description Response (1) A brief description of the type of fee in the Quimby fees (Developer payments in lieu of dedicating park account or fund land), fees on commercial, industrial, and multi-family developments, donations to the City, or revenue received from lease or sale of park land to be used for the construction of park facilities as a result of increased demand for parks resulting from new development. This section includes six (6) funds: Community Wide; Parks Zone Development 1 to 3; Bikepath/Multi-Use Trails and Municipal Pool. (2) The amount of the fee A formula based on a dwelling unit factor (currently 3.22 for single family units), the parkland dedication requirement (currently 5 acres/1,000 persons) and the fair market value per acre (varies per development). (3) The beginning and ending balance of the Beginning Balance (07/01/16) $ 3,834,287 account or fund (consolidated) Ending Balance(06/30/17) $ 2,939,490 *see Additional Comments (4) The amount of the fees collected and the Fees in Lieu of Park Land $ 1,052,006 interest earned Park Bond $ - Interest Earned/(Loss) $ 1,403 Rents/Concessions $ - Sale Plans/Specifications $ - Other Revenue $ - $ 1,053,408 (5) An identification of each public Property Maintenance $ 19,733 improvement on which fees were expended Interest Expense $ 4,431 and the amount of the expenditures on each improvement in FY16/17, including the total percentage of the cost of the public AVCP Loop Trail (cools) $ 1,914,201 improvement that was funded with fees Total Cost of Project $ 4,448,881 % of project funded by fees: 43% Total Expenses $ 1,938,365 (6) An identification of an approximate date by The FY 17/18 budget includes the following which the construction of the public appropriations: improvement will commence if the local agency determines that sufficient funds Parks property maintenance $ 75,000 have been collected to complete public AV Sports Fields(C0013) $ 50,182 improvement and the public improvement AVCP Loop Trail(cools) $ 85,442 remains incomplete Mnt Meadows Ball Wall (C0045) $ 34,600 Tierra Rejada Pk Pickle ball (coo46) $ 37,500 AVRC Generators (M0023) $ 95,000 AVCP Storage Facility(C0047) $ 80,000 Access Rd/Plot B-C-D Rehab (M0032) $ 474,270 Total $ 931,994 (7) A description of each interfund transfer or Interfund Transfers: loan made from the account or fund, City Staff cost reimbursement- Mountain $ 3,300 including the public improvement on which Meadows Ball Wall (C0045) 569 • Funds 20XX— Park Improvement Item Description Response the transferred or loaned fees will be City Staff cost reimbursement-Tierra expended, and in the case of an interfund Rejada Pickleball Court(C0046) $ 6,540 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 Total Interfund Transfers $ 9,840 Interfund Loans: On April 1, 2009, City Council approved an interfund loan of up to $1.5M from the Special Projects Fund (3004) to Parks Development Zone 1 Fund (2011) to partially fund the design and construction of the Poindexter Park Expansion Project (7801). The loan cost is a variable interest rate based on the average interest rate earned by LAIF from the previous year. The principal and interest will be repaid as new development and parkland fees are collected. In FY 16/17, $465,450 was received from development fees and this was used to paydown principal and interest. As of June 30, 2017 the outstanding loan balance is$458,855. (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 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. The breakdown of the consolidated ending fund balance is as follows: Bikepath/Multi-Use Trails (2008) $121,785 Municipal Pool (2009) $294,415 Community Wide (2010) $2,682,056 Parks Zone Development Fee 1 (2011) ($455,038) Parks Zone Development Fee 2 (2012) $7,889 Parks Zone Development Fee 3(2013) $288;382 Total $2,939,490 570 Fund 2014—Los Angeles Avenue Area of Contribution Item Description I Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific project areas account or fund to fund infrastructure enhancements as a result of additional development. (2) The amount of the fee $ 8,683/residential unit $48,624/commercial and industrial acre (3) The beginning and ending balance of the Beginning Balance(07/01/16) $ 11,858,897 account or fund Adjustment for Reserve Ending Balance(06/30/17) $10,222,360 (4) The amount of the fees collected and the Amount of Fees Collected $ 675,146 interest earned Interest Earned/(Loss) $ (36,213) Rents-tenants $ 48,000 Others(Sale of Plans/Specs/Reimbursements) $ - Total Revenues $ 686,933 (5) An identification of each public improvement Property Maintenance $ 7,194 on which fees were expended and the amount of the expenditures on each Princeton Ave Widening (Como) $ 184,977 improvement in FY 16/17, including the total Total Cost of Project $ 184,977 percentage of the cost of the public % of project funded by fees: 100% improvement that was funded with fees LA Ave Widening Spring/Moorpark(c0021) $ 16,817 Total Cost of Project $ 16,817 %of project funded by fees: 100% Spring Road Widening (C0022) $ 17,534 Total Cost of Project $ 17,534 %of project funded by fees: 100% Spring Road Rail Crossing(C0024) $ 781,252 Total Cost of Project $ 781,252 %of project funded by fees: 100% LA Ave Medians(C0026) $ 15,360 Total Cost of Project $ 15,360 %of project funded by fees: 100% Widening @ LA Ave/Shasta(C0030) $ 1,201,955 Total Cost of Project $ 1,201,955 %of project funded by fees: 100% LA Avenue Undergrounding (C0033) $ 3,845 Total Cost of Project $ 3,845 % of project funded by fees: Total Expenses $ 2,228,933 (6) An identification of an approximate date by The adopted budget for FY 17/18 includes the which the construction of the public following capital improvement projects: improvement will commence if the local Princeton Ave Widening (C0020) $ 5,969,254 agency determines that sufficient funds have LA Ave Widening Spring/Moorpark(C0021) $ 1,021,057 been collected to complete public Spring Road Widening (C0022) $ 789,561 improvement and the public improvement LA Ave Medians(coon) — $ 1,762,436 571 Fund 2014—Los Angeles Avenue Area of Contribution Item Description I Response remains incomplete Widening @ LA Ave/Shasta (C0030) $ 133,473 LA Avenue Undergrounding(C0033) $ 441,021 Total $10,1 16,802 Many of these projects will require two to three or more years for completion. (7) A description of each interfund transfer or Interfund Transfers loan made from the account or fund, Engineering City Staff cost reimbursement- including the public improvement on which Princeton Ave Widening (C0020) $ 44,405 the transferred or loaned fees will be Engineering City Staff cost reimbursement- LA expended, and in the case of an interfund Ave Widening Spring/Moorpark(C0021) $ 6,410 loan, the date on which the loan will be Engineering City Staff cost reimbursement- repaid, and the rate of interest that the Spring Road Rail Crossing (coo24) $ 9,808 account or fund will receive on the loan Engineering City Staff cost reimbursement- LA Ave Medians(C0026) $ 4,880 Engineering City Staff cost reimbursement- Widening @ LA Ave/Shasta(C0030) $ 24,725 Engineering City Staff cost reimbursement- LA Ave Undergrounding (C0033) $ 4,310 Total Interfund Transfers $ 94,538 Interfund Loans Loan to Tierra Rejada AOC $ 30,073 Tierra Rejada Median Landscape project(8042)-Original amount$177,006 Date of Repayment: $146,932 was paid on 6/30/2017 Interest Rate of Loan: 0.00% Total Interfund Loans $ 30,073 (8) The amount of refunds made pursuant to Refunds Made: subdivision (e) of Section 66001 (of the $ - Code) and any allocations pursuant to subdivision (f) of Section 66001 (of the Code) Allocations Made: $ - Additional Comments: For information about pending and planned capital projects, see the City's annual capital improvement budget. For additional information about future development fee revenues, see the "Residential, Commercial and Industrial Quarterly Status Report" prepared by the Community Development Department. 572 Fund 2015—Tierra Rejada Road/Spring Road Area of Contribution Item Description Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific project account or fund areas to fund infrastructure enhancements as a result of additional development. (2) The amount of.the fee $9,142.13/residential unit $51,195.93/commercial and industrial acre (3) The beginning and ending balance of the Beginning Balance (07/01/16) $ (177,006) account or fund Ending Balance (06/30/17) $ (28,036) (4) The amount of the fees collected and the Amount of Fees Collected $ 146,932 interest earned Interest Earned/(Loss) $ 2,037 Revs Not Elsewhere Classified $ - Sale Plans/Specifications $ - Total Revenues $ 148,969 (5) An identification of each public improvement No fees expended in FY 16/17. $on which fees were expended and the amount of the expenditures on each improvement in FY 16/17, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ - (6) An identification of an approximate date by No funds are appropriated for FY 17/18. The funds which the construction of the public accumulated in this account are anticipated to be spent on improvement will commence if the local appropriate street improvement programs. 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 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 Total Interfund Transfers $ - 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 from Los Angeles Ave AOC $ 30,073 loan Tierra Rejada Median Landscape project(8042) -Original amount$177,006 Date of Repayment: $146,932 was paid on 6/30/2017 Interest Rate of Loan: 0.00% Total Interfund Loans $ 30,073 (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) 573 Fund 2015—Tierra Rejada Road/ Spring Road Area of Contribution 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. There are three development projects remaining that will pay an estimated $889K into this fund: Home Depot site (12 acres), Patriot Commerce (2.59 acres) and 13960 Peach Hill Road site (2.78 acres). 574 Fund 2016—Casey Road/Gabbert Road Area of Contribution Item Description Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific project account or fund areas to fund infrastructure enhancements as a result of additional development. (2) The amount of the fee* $2,030/residential unit* $6,428/commercial and industrial acre* *Rescinded per Resolution No.2017-3587 dated 3/15/2017 (3) The beginning and ending balance of the account Beginning Balance (07/01/16) $ 97,070 or fund Ending Balance (06/30/17) $ 96,961 (4) The amount of the fees collected and the interest Amount of Fees Collected earned Interest Earned/(Loss) $ (110) Expense Reimbursements $ - Other Admin Service Fees $ - Total Revenues $ (110) (5) An identification of each public improvement on No fees expended during FY 16/17. which fees were expended and the amount of the expenditures on each improvement in FY 16/17, 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 17/18. The funds the construction of the public improvement will accumulated in this account are anticipated to be spent on commence if the local agency determines that appropriate street improvement programs. 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 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. 575 Fund 2017— 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(07/01/16) $ 16,252 account or fund Ending Balance(06/30/17) $ 16,234 (4) The amount of the fees collected and the Amount of Fees Collected $ - interest earned Interest Earned/(Loss) $ (18) Total Revenues $ (18) (5) An identification of each public improvement on No fees expended during FY 16/17. which fees were expended and the amount of the expenditures on each improvement in FY 16/17, 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 17/18. The funds which the construction of the public accumulated in this account are anticipated to be spent 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) 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. 576 Fund 3002— Police Facilities Item Description Response (1) A brief description of the type of fee in the account or Fees are collected by Building and Safety prior to issuance of fund building permits for construction of police facilities within the City to fund the increased demand for police services as a result of additional development. (2) The amount of the fee $1,027/residential unit $0.60/commercial and industrial square foot (3) The beginning and ending balance of the account or Beginning Balance(07/01/16) $ (1,326,552) fund Ending Balance(06/30/17) $ (1,185,404) (4) The amount of the fees collected and the interest Amount of Fees Collected $ 140,725 earned Interest Earned/(Loss) $ 423 Total Revenues $ 141,148 (5) An identification of each public improvement on No fees expended during FY 16/17. which fees were expended and the amount of the expenditures on each improvement in FY 16/17, including the total percentage of the cost of the public improvement that was funded with fees Total Expenses $ - (6) An identification of an approximate date by which the No funds were appropriated in FY 17/18. The funds construction of the public improvement will accumulated in this account are anticipated to be spent on commence if the local agency determines that appropriate police facilities improvements. sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan made Interfund Transfers: $from the account or fund, including the public improvement on which the transferred or loaned fees Total Interfund Transfers will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will Interfund Loans, beginning balance $ 1,327,631 receive on the loan A non-interest bearing loan was received from the Endowment Fund (2018) for the construction of the Police Services Center building. Future development fees were pledged to repay the loan. 2016/17 loan payment ($140,725) Total Interfund Loans $ 1,186,906 (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, 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. 577