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HomeMy WebLinkAboutRes 2019-90 - Development Impact Fees Annual RprtSTAFF REPORT CITY OF PALM DESERT FINANCE DEPARTMENT MEETING DATE: December 12, 2019 PREPARED BY: Janet M. Moore, Director of Finance REQUEST: Adopt Resolution No. 2019- 90 making certain findings pursuant To Government Code Sections 66000-66008 relating to the Development Impact Fees Annual Report for the fiscal year ended June 30, 2019. Recommendation By Minute Motion: 1. Conduct a public hearing and accept public testimony relating to the Development Impact Fees' annual report and related findings; and 2. Following public testimony, close the public hearing, and request that the City Council waive further reading and adopt Resolution No. 2019- 90 accepting the report and making certain findings pursuant to California Government Code Sections 66000-66008. Strategic Plan The City imposes fees on developer projects for the purpose of mitigating the impacts caused by new development. The City's developer impact fees are collected to defray all or at least a portion of the cost of public facilities, recreation facilities, parks, infrastructure (streets, signals, drainage, etc.), affordable housing, fire facilities and childcare facilities. The purpose for which many of these developer fees are imposed supports not only past impacts to the City but future impacts that are also consistent with several strategic results areas including: Land Use, Housing & Open Space; Parks and Recreation; Public Safety and Emergency Services and Transportation. Executive Summary Government Code Section 66006 requires each local agency that imposes development impact fees to prepare an annual report for these specific fees. The fees, when collected, must be segregated from the General Fund and accounted for separately from other impact fees. This is done by placing the fees into their own accounting `fund' and only expending the fees for the purposes for which the fees were collected. The attached report, for the fiscal year ending June 30, 2019, includes the beginning (prior year ending) and current year ending balances for each fund as well as any changes during the year. December 12, 2019— Staff Report Development Impact Fee Annual Report Page 2 of 3 The report also provides the amount of fees collected, interest, other income, and allowable expenditures for each fund. The funds and projects have been reviewed for the fiscal year ending June 30, 2019, and there are no required amounts to refund this year as a result of this review, provided the City Council makes findings that confirm that the funds are needed to complete anticipated projects as noted in the Capital Improvement Program budget attached to this report as well as individual previously approved projects. Background Analysis AB 1600 (Statutes of 1998, Mitigation Fee Act), codified as Section 66000 et seq. of the California Government Code (Code), regulates how public agencies collect, maintain, and spend impact fees imposed on developers for the purpose of defraying costs of public facilities. It includes requirements for accounting, spending, and annually reporting the fees and related interest earnings, and for findings or refunds if fees remain unspent five or more years after receipt. Section 66006(b)(1) includes the following specific reporting requirements: for each separate account or fund established pursuant to the Code, the local agency shall, within 180 days after the last day of each fiscal year, make available to the public the following information for the fiscal year: (A) A brief description of the type of fee in the account or fund. (B) The amount of the fee. (C) The beginning and ending balance of the account or fund. (D) The amount of the fees collected and the interest earned. (E) 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. (F) An identification of an approximate date by which the construction of a public improvement will commence, if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement. (G) 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 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. (H) The amount of refunds made pursuant to subdivision (e) of Section 66001 and any allocations pursuant to subdivision (f) of Section 66001. Further, Section 66006(b)(2) requires that the local agency shall review the information made available to the public pursuant to Section 66006(b)(1). December 12, 2019— Staff Report Development Impact Fee Annual Report Page 3 of 3 The attached resolution and report (Exhibit A to the resolution) prepared for the fiscal year ending June 30, 2019, provides the information required by the Code including the beginning and ending balances by fund as well as any changes during the year. The report also provides the amount of fees, interest, other income, expenditures, loans and proposed projects. Based on the findings, there were no required refunds made during the reported fiscal year. The City Council is required to review the annual report and make its findings at a publicly held meeting not less than fifteen days after the information is made available to the public. This report was filed with the City Clerk's office and available for public review on November 4, 2019. A draft of the report was also provided to the local Desert Valleys Builders Association and Riverside BIA. Fiscal Analysis There is no fiscal impact from filing the report and its findings. LEGAL REVIEW DEPT. REVIEW FINANCIAL ASSISTANT I REVIEW CITY MANAGER NIA Robert W. Hargreaves City Attorney et M. Moore Director of Finance City Manager Lauri Aylaian:/— y ATTACHMENTS: et M. Moore Director of Finance N/A Andy Firestine Assistant City Manager 1. Resolution 2019- 90 2. Development Impact Fees Annual Report for Fiscal Year 2018-2019 (Exhibit A to the Resolution) 3. Capital Improvement Program Budget for FY 2019-2020 to FY 2023-2024 RESOLUTION NO. 2019- .90 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, MAKING FINDINGS REGARDING THE CONTINUING NEED FOR UNEXPENDED BALANCES OF IMPACT FEES AS OF JUNE 30, 2019 WHEREAS, Government Code Sections 66000 through 66008 (known as and referenced to herein as "AB1600") regulate the imposition, collections, maintenance, expenditure and reporting of impact fees imposed on developers for the purpose of defraying costs of public facilities; and WHEREAS, a public hearing on the annual report of development impact fees for the period ending June 30, 2019 was held by the City Council on December 12. 2019, and the public testimony, if any, provided therein was duly considered; and WHEREAS, in accordance with the provisions of AB1600, the City of Palm Desert ("City") has set up separate special revenue funds for each type of fee the City imposes, crediting earned interest to those funds, and spending the accumulated fees and related interest on appropriate expenditures; and WHEREAS. AB1600 requires the City to make specific findings every five (5) years with respect to any portion of the fees remaining unexpended or uncommitted after a period of five (5) years; and WHEREAS, the City Council desires to make the findings required by law, with respect to the unexpended fees. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF PALM DESERT RESOLVES, FINDS, DECLARES AND DETERMINES AS FOLLOWS: Section 1. That the City finds that all of the foregoing recitals are true and correct and are hereby incorporated and adopted as findings and determinations by the City Council as if fully set forth herein. Section 2. That the City has identified impact fees collected from developers that are subject to AB1600's requirements. Those funds are: • Housing Mitigation Fee (Fund 214) • Child Care Facility Fund (Fund 228) • New Construction Tax Fee (Fund 231) • Drainage Facility Fee (Fund 232) • Park & Recreation Fee (Fund 233) • Traffic Signalization Fee (Fund 234) • Fire Facility Fund (Fund 235) Section 3. That pursuant to Section 66006, the City has prepared an annual report for at least the last five fiscal years, reflecting the beginning and ending balances of each separate Resolution No. 2019- 90 fund containing impact fees, the amount of fees collected and the interest earned for the year. the amount of expenditures attached hereto as Exhibit A. Section 4. That a copy of the annual report has been on file and available for review in the City Clerk's Office by the public, for at least 15 days prior to action taken herewith. Section 5. That the City Council hereby makes the findings required by law, with respect to these unexpended fees, and has: 1) identified the purpose to which the fees are to be put; 2) demonstrated the relationship between the fees and the purposes for which they are charged: 3) identified all sources and amounts of funding anticipated, to the extent that they are known, to complete financing of the improvement. Section 6. That these findings are based on the information provided in the City of Palm Desert's Development Impact Fees Annual Report, the City of Palm Desert's annual operating budget and the Capital Improvement Program for Fiscal Year 2019-2010 to 2023-2024. Which is incorporated herein by reference. PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council held on this 12th day of December, 2019, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: ATTEST: RACHELLE D. KLASSEN, CITY CLERK CITY OF PALM DESERT, CALIFORNIA APPROVED AS TO FORM: MAYOR ROBERT W. HARGREAVES, CITY ATTORNEY BEST, BEST & KRIEGER, LLP Page 2 of 2 EXHIBIT A CITY OF PALM DESERT DEVELOPMENT IMPACT FEE ANNUAL REPORT FISCAL YEAR 2018-19 This report contains certain information required to be filed annually by the City of Palm Desert (the "City") in accordance with the Mitigation Fee Act, commencing with Section 66000 of the California Government Code. The reporting requirements set forth in the Mitigation Fee Act (the "Act") are applicable to the impact fees imposed on new development in the City. The Act requires that a public agency, on an annual basis, make available to the public within 180 days after the last day of each fiscal year the following information for the past fiscal year: 1) A brief description of the type of fee in the account or fund. 2) The amount of the fee. 3) The beginning and ending balance of each 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(s) will commence if the County determines that sufficient funds have been collected to complete financing of an incomplete public improvement(s), and the public improvement(s) remains incomplete. 7) A description of each interfund transfer or loan made from the account or fund, if any, 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 interest rate that the account or fund will receive on the loan. 8) The amount of refunds made due to sufficient funds being collected to complete financing on incompete public improvements, and the amount of reallacation fo funds made due to adminstratvie costs of refunding unexpended revenues exceeding the amount to be refunded. The Development fee programs included in this report are the following: Section A — Housing Mitigation Fee (Fund 214) Section B — Child Care Facility Fund (Fund 228) Section C — New Construction Tax Fee (Fund 231) Section D — Drainage Facility Fee (Fund 232) Section E — Park & Recreation Fee (Fund 233) Section F — Traffic Signalization Fee (Fund 234) Section G — Fire Facility Fund (Fund 235) The City's Five Year Capital Improvement Program Budget is attached as a reference to future projects using existing cash balances for FY 2020-2021 through 2024-2025 Section A- Housing Mitigation Fee (Fund 214) Brief description of the tvoe of fee in the fund: The Housing Mitigation Fee is used to mitigate the low-income housing impacts caused by commercial and industrial development. The fee is used to help construct or provide low-income housing assistance to employees, working within the juridictional boundaries of the city, with affordable housing. The fee is based on: $1/sq. ft. - Commercial: $0.33/sq. ft. - Industrial; $0.40/sq. ft. - Professional; $1,000/room - Resort Hotel; $620/Room Non -Resort. Part 1 - Fund Balance, Revenue, Interest, Expenditures, Ending Balance 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 Beginning Balance $ 2,423,612 $ 2,256,769 $ 2.530,186 $ 2,797,065 $ 2,858,798 Developer Fees Interest Income Gain (Loss) on Fair Value HCD Grant Loan Proceed Interest on Loan Expenditures Transfers out Ending Fund Balance $ 120,000 $ 50,210 $ 258,339 $ 242,858 $ 30,975 $ 113,651 $ 7,557 $ 15,078 $ 15,354 $ 34,599 $ 66,427 $ 16,181 $ 57,767 $ 273,417 $ 258,212 $ 65,574 $ 196,258 $ 26,699 $ 15,390 $ 60,000 $ 8,667 $ (360,000) $ $ (30,540) $ $ 2.256.769 $ 2,530,186 $ 2,797,065 $ 2,858,798 $ 3,026,646 Part II - Compliance with expending funds within 5 years Five Year Revenue Test Current Prior Year (2-Yrs Old) Prior Year (3-Yrs Old) Prior Year (4-Yrs Old) Prior Year (5-Yrs Old) Greater Than 5 Prior FY Ending Balance Exclude Loan Proceed Exclude Interest on Loan Exclude HCD grant Ending Balance Using First In First Out 2014-2015 $ 57,767 $ $ 63,693 $ $ 53,898 $ $ 22,914 $ $ 29,872 $ $ 1,438,174 $ $ 1,666,318 $ $ 540.000 $ $ 50,451 $ 2015-2016 273,417 57,767 63,693 53,898 22.914 1,468,046 1,939,735 540,000 50.451 $ 2,256,769 $ 2,530,186 Future Years Affordable Projects FY 2019-2020 Commitments 36 Unit ARC Village $ 250,000 Merle Street -Self Help $ 250,000 San Pasqual Project $ 750,000 Sands 80/20 Project $ 180,000 10 Acre Affordable Dev sub $ 1,000,000 Parksite 200 units subsidy $ 1,000,000 Homebuyer Subsidies $ 60,000 $ 240,000 $ (60,000) 2016-2017 $ 258,212 $ 273,417 $ 57,767 $ 63,693 $ 53,898 $ 1,430,960 $ 2,137,947 $ 600,000 $ 59,118 (28,411) (a) 2017-2018 2018-2019 $ 65,574 $ 196,258 $ 258,212 $ 65,574 $ 273,417 $ 258,212 $ 57,767 $ 273,417 $ 63,693 $ 57.767 $ 1,454,318 $ 1,489,600 (1) $ 2,172,981 $ 2,340,829 $ 626,699 $ 626,699 $ 59,118 $ 59,118 $ 2,797,065 $ 2,858,798 $ 3.026,646 Total Commitments $ 250,000 $ 250,000 $ 750,000 $ 180,000 $ 1,000,000 $ 1,000,000 $ 300,000 $ 3,730,000 Funded with Dev. Fee TBD TBD TBD TBD TBD 100% Funding Available Date On going On going (1) The Housing Mitigation Fees being held beyond the five years as described by AB1600. This fee is being collected for the purpose of subsidizing housing cost as part of the City's program to provide affordable housing for low and very low income households that have at least one employee working within the jurisdictional boundaries of the City. (a) FY18-19 Expenditures Details: AMOUNT Richards, Watson Legal Fees $ 28,411 (Self -Help) $ 28,411 Section B - Child Care Facility Fund 228 Brief description of the type of fee in the fund: The City of Palm Desert is interested in providing funding, through impact fees for new child care homes and centers, in order to meet some of the child care demand generated by employees and commercial uses in the City. A nexus study was prepared and approved by the City Council in August 2005. Annually, the City considers projects and any applicable budget requests to use these funds to create new facilities and equipment. Part 1 - Fund Balance, Revenue, Interest, Expenditures, Ending Balance 2014-2015 2015-2016 2016-2017 Beginning Balance $ 1,491,545 $ 1,021,065 $ 1,196,989 $ Developer Fees Interest Income Gain (Loss) on Fair Value Expenditures Transfers out Ending Fund Balance $ 25,483 $ $ 4,037 $ 168,940 $ 69,482 $ 6,984 $ 6,904 $ $ 29,520 $ 175,924 $ 76,387 $ 2017-2018 2018-2019 1,273,376 $ 1,332.828 43,649 $ 25.499 15,803 $ 31,126 $ 7,146 59,452 $ 63,771 $ (500,000) $ $ 1,021,065 $ 1,196,989 $ 1,273,376 $ 1,332,828 Part II - Compliance with expending funds within 5 years Five Year Revenue Test Usinq First Current Prior Year (2-Yrs Old) Prior Year (3-Yrs Old) Prior Year (4-Yrs Old) Prior Year (5-Yrs Old) Greater Than 5 Prior FY Ending Balance In First Out 2014-2015 $ 29,520 $ 29,136 $ 20,847 $ 26,854 $ 29.846 $ 884,862 $ 1,021,065 FY 2018-19 Carryover Projects $ 1,396,599 2015-2016 2016-2017 2017-2018 $ 175,924 $ 76,387 $ 59,452 $ $ 29,520 $ 175,924 $ 76,387 $ $ 29,136 $ 29,520 $ 175,924 $ $ 20,847 $ 29,136 $ 29,520 $ $ 26,854 $ 20,847 $ 29,136 $ $ 914,708 $ 941,562 $ 962,409 $ $ 1,196,989 $ 1,273,376 $ 1,332,828 $ 2018-2019 63,771 59,452 76,387 175,924 29,520 991,545 (1 ) 1,396,599 FY 2019-20 Total % Funded with Funding Available Commitments Commitments Dev. Fee Date Child Care Facilities - expand licensed day-care offerings in Freedom Park $ 1,275,000 $ 255,000 $ 1,530,000 TBD (1) The Child Care Facilities Fee being held beyond the five -years as described by AB1600. This fee is being collected for land acquisition and development of a new child care facilities and therefore must be retained until enough fees have been collected to start the project On going Section C - New Construction Tax Fee (Fund 231) Brief description of the type of fee in the fund The New Construction Tax Fee is used for acquisition and development of public facilities like playgrounds. public structures, and street improvements. Annually the City Council approves a five year Capital Improvement Program budget that reflects current projects along with future committed projects utilizing these fees. The fee is based on: Industrial Buildings $0 05/sq. ft.; Residential units $0 40/sq. ft.; all other development $0.40/sq ft Part 1 - Fund Balance, Revenue, Interest, Expenditures, Ending Balance 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 Beginning Balance $ 1.170,905 $ 1.286,666 $ 1,318.647 $ 1.486,099 $ 1,656,520 Developer Fees $ 206.206 $ 223,743 S 199,849 $ 158,147 $ 174,981 Interest Income $ 2 517 S 4,756 S 4,939 $ 12,274 $ 27,570 Gain (Loss) on Fair Value $ 6,845 $ 208,723 S 228,499 $ 204,788 $ 170,421 $ 209,396 Expenditures $ (92,962) $ (196,517) $ (37,337) $ - $ - Ending Fund Balance $ 1.286,666 $ 1,318.647 $ 1,486.099 $ 1,656,520 $ 1 865,916 Exclude Advance to RDA $ (654,000) $ (654,000) $ (654,000) S (654.000) $ (654,000) Ending Balance of available Revenue: $ 632,666 $ 664,647 $ 832,099 S 1,002,520 $ 1,211,916 Note Not include interest on Advance Part II - Compliance with expending funds within 5 years Five Year Revenue Test Usina First In First Out 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 Current $ 208.723 $ 228,499 S 204,788 $ 170,421 $ 209,396 Prior Year (2-Yrs Old) $ 285.337 S 208,723 S 228,499 $ 204,788 $ 170.421 Prior Year (3-Yrs Old) $ 138.606 $ 227,426 $ 208,723 $ 228,499 $ 204.788 Prior Year (4-Yrs Old) $ 190,089 $ 208,723 $ 228,499 Prior Year (5-Yrs Old) $ 190,089 $ 208,723 Greater Than 5 Prior FY $ 190,089 (1) Ending Balance $ 632,666 S 664,647 S 832,099 S 1,002,520 $ 1,211,916 CV Link Spur Phase 1 and 2 Total % Funded with Funding FY 2019-20 Commitments Dev. Fee Available Date $ 1,200.000 $ 1.200.000 TBD On going $ 1,200,000 City of Palm Desert advanced $654,000 to the former Redevelopment Agency in 1986. If the advance is approved for repayment to the City, the repayment will be in accordance with the dissolution law. (1) The New Construction Fee being held beyond the five -years as described by AB1600. This fee is being collected for land acquisition and/or development of recreational facilities and therefore must be retained until enough fees have been collected to start the project Section D - Drainage Facility Fee (Fund 232) Brief description of the type of fee in the fund: The Drainage Facility Fee is used for the drainage needs created by the development and adjoining streets to a project The City has adopted a master drainage plan which gets modified as new development occurs. In addition, the City's Capital Improvement Program budget includes both current and future projects planned for use of the fees connected to the various development projects. Fees are based on which drainage map zone they reside within: Zone 1 fee is $4,000; Zone 2 is $1,000; Zone 3 is $1,000; Zone 4 is $1,000. The map is available in the Public Works Department upon request. Part 1 - Fund Balance, Revenue, Interest, Expenditures, Ending Balance 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 Beginning Balance $ 1,910,752 $ 1,924,124 $ 2.079,961 $ 1,997,999 $ 1,592,857 Developer Fees $ 7,020 $ 143,080 $ 37,030 $ 7,330 $ 38,855 Interest $ 6,352 $ 12,757 $ 11,695 $ 21,852 $ 36,315 Gain (Loss) on Fair Value $ 8,290 $ 13,372 $ 155,837 $ 48,725 $ 29,182 $ 83,460 Reimbursed from CVAG Reimbursed from RDA Expenditures Transfers out Ending Fund Balance $ (130,687) $ (434,324) $ (58,663) (a) $ 1,924,124 $ 2,079,961 $ Part II - Compliance with expending funds within 5 years Five Year Revenue Test Using First In First Out Current Prior Year (2-Yrs Old) Prior Year (3-Yrs Old) Prior Year (4-Yrs Old) Prior Year (5-Yrs Old) Greater Than 5 Prior FY Ending Balance Reimbursed from CVAG Reimbursed from RDA Tie to ending balance Ending Balance 2014-2015 $ 13,372 $ 21,313 $ 17,307 $ 39,711 $ 44,922 $ 1,582,029 $ 1,718,654 $ 105,235 $ 100,235 $ 1,924,124 Install Storm Drain (CC Drive - Tamarisk) San Pablo, Hwy 111 to Mag Falls Install 2015-2016 $ 155,837 $ 13,372 $ 21,313 $ 17,307 $ 39,711 $ 1,626,951 $ 1,874,491 $ 105,235 $ 100,235 $ 2,079,961 1,997,999 $ 1,592,857 $ 1,617,655 2016-2017 $ 48,725 $ 155,837 $ 13,372 $ 21,313 $ 17,307 $ 1.535,975 $ 1,792,529 $ 105,235 $ 100,235 $ 1.997,999 FY 2018-2019 Total Carryover Commitments $ 450,001 $ 450,001 $ 1,011,555 $ 1,011,555 $ 1,461,556 2017-2018 $ 29.182 $ 48,726 $ 155,837 $ 13,372 $ 21,313 $ 1,118,957 $ 1,387,387 $ 105,235 $ 100,235 $ 1,592,857 % Funded with Dev. Fee 100% 100% 2018-2019 $ 83,460 $ 29,182 $ 48,726 $ 155.837 $ 13.372 $ 1,081,608 (1 ) $ 1,412,185 $ 105,235 $ 100.235 $ 1.617,655 Funding Available Date On going On going (1) The Drainage Fees are being held beyond the five years as described by AB1600. This fee is being collected for the construction of drainage in the drainage map zones and therefore must be retained until enough fees have been collected to start construction of the project. (a) FY18-19 Expenditures Details: Storm drain improvement -Engineer Deep Canyon storm drainage AMOUNT $ 53,020 $ 5,642 $ 58,662 Section E- Park & Recreation Fee (Fund 233) Brief description of the type of fee in the fund: The fee is used to acquire land, construct parks, recreational areas, open space, and other public facilities for the city residents. Annually the City Council adopts a Capital Improvement Program Budget detailing the current and future projects necessary for use of the fee. The fee is charged to residential properties based on the following formula: Number of units x 2.292 (people per household) x 5 acres divided by 1,000 population x land market value per acre. Part 1 - Fund Balance, Revenue, Interest, Expenditures, Ending Balance 2014-2015 2015-2016 2016-2017 Beginning Balance $ 1,205,130 $ 1,103,892 $ 1,305,355 $ Developer Fees $ 80,679 $ 302,145 $ 314,438 $ Refund Developer Fees $ Interest $ 3,895 $ 7,781 $ 7,761 $ Gain (Loss) on Fair Value $ 84.574 $ 309,926 $ 322,199 $ Insurance reimb. playground SARDA reimb shade structure $ 15,896 Expenditures $ (185,812) $ (108,463) $ (195,279) $ Transfers out Ending Fund Balance $ 1,103,892 $ 1,305,355 $ 1,448,171 $ Exclude Insurance reimb: Insurance reimb. playground Reimburse playground equipment Insurance reimb. damage SARDA reimb shade structure Ending Balance $ (33,570) $ $ (164,713) $ $ (159,113) $ $ 746,496 $ Part II - Compliance with expending funds within 5 years Five Year Revenue Test Current Prior Year (2-Yrs Old) Prior Year (3-Yrs Old) Prior Year (4-Yrs Old) Prior Year (5-Yrs Old) Greater Than 5 Prior FY Ending Balance Usina First In First Out 2014-2015 $ 84,574 $ 188,365 $ 35.477 $ 6,168 $ 78,073 $ 353,839 $ 746,496 2017-2018 2018-2019 1,448,171 $ 1,416.407 24,179 $ 247,187 (7,125) $ 17,882 $ 36,237 $ 8,485 34,936 $ 291,909 (66,700) $ (45,862) (a) 1,416,407 $ 1,662,454 (33,570) $ (33,570) $ (33,570) $ (33,570) (164,713) $ (164,713) $ (164,713) $ (164,713) (159,113) $ (159,113) $ (159,113) $ (159.113) $ (15,896) $ (15.896) $ (15,896) 947,959 $ 1,074,879 $ 1,043,115 $ 1,289,162 2015-2016 2016-2017 $ 309,926 $ 322,199 $ 84,574 $ 309,926 $ 188,365 $ 84,574 $ 35,477 $ 188,365 $ 6,168 $ 35,477 $ 323,449 $ 134,338 $ 947.959 $ 1,074,879 Carryovers FY 2018-2019 FY 2019-2020 Skate Park Conversion and Pickleball Lighting Improvements $ Installation of Outdoor Fitness Facilities San Pablo Street Park Improvements Portola Park (North Sphere) 243,300 $ 155,060 Future Years Commitments 100,000 $ 150,000 $ 1,000,000 (1) The Park & Recreation Fee being held beyond the five years as described by AB1600. 2017-2018 $ 34,936 $ 322.198 $ 309.926 $ 84,574 $ 188,365 $ 103,116 $ 1,043,115 Total Commitments $ 243,300 $ 250,000 $ 155,060 $ 1,000,000 $ 1,648,360 This fee is being collected for the purpose of 2018-2019 $ 291,909 $ 34,936 $ 322,198 $ 309,926 $ 84,574 $ 245,618 (1 ) $ 1,289,162 % Funded with Funding Dev. Fee Available Date developing new or rehabilitation of existing park or recreational facilities to serve the community. (a) FY18-19 Expenditures Details: Freedom Park LED lighting, shade structure, landscape architecture AMOUNT 45,862 45,862 100% 100% 100% 100% On going On going On going On going Section F - Traffic Signalization Fee (Fund 234) Brief description of the type of fee in the fund: The fee is used for acquisition and development of the regional traffic signals within the City created by increased traffic load added by the development. Yearly, the City Council adopts a five-year Capital Improvement Plan detailing the current and future projects necessary for use of the fee. The fee is charged based on the type of building constructed, which is: Residential $ 50 per unit; Commercial $500 per 1,000 sq. ft.; Industrial $500 per acre. Part 1 - Fund Balance, Revenue, Interest, Expenditures, Ending Balance 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 Beginning Balance $ 307,428 $ 247,310 S 351,020 $ 389,674 S 410.318 Developer Fees Interest Income Gain (Loss) on Fair Value S 16,688 $ 101,711 $ 36,566 S 16,512 $ 91,274 $ 1,034 $ 1,999 S 2,088 $ 4,912 $ 9,965 $ 2,537 $ 17,722 $ 103,710 $ 38,654 $ 21,424 $ 103,775 Expenditures $ (77,840) $ - $ - $ (780) $ (17,915) (a) Transfers out Ending Fund Balance $ 247,310 S 351,020 $ 389,674 $ 410,318 $ 496,178 Part II - Compliance with expending funds within 5 years Five Year Revenue Test Using First In First Out 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 Current $ 17,722 $ 103,710 S 38,654 $ 21,424 $ 103,775 Prior Year (2-Yrs Old) $ 133,378 $ 17,722 $ 103,710 $ 38,654 $ 21,424 Prior Year (3-Yrs Old) $ 96,210 $ 133,378 $ 17,722 S 103.710 $ 38,654 Prior Year (4-Yrs Old) $ 96,210 $ 133,378 $ 17,722 S 103,710 Prior Year (5-Yrs Old) S 96,210 $ 228,808 $ 17,722 Greater Than 5 Prior FY $ 210,893 (1) Ending Balance $ 247,310 $ 351,020 $ 389,674 $ 410,318 $ 496,178 Carryovers Future Years Total % Funded with Funding FY 2018-19 Commitments Commitments Dev. Fee Available Date Pedestrian Traffic Signal $ 75,000 $ 75,000 100% On going Traffic Signal - El Paseo at San Luis Rey Ave. S 136,305 $ 136,305 100% On going $ 211.305 (a) FY17-18 Expenditures Details: Traffic Signal -El Paseo at San Luis Rey (1) The Traffic Signalization Fee being held beyond the five -years as described by AB1600. The use of the fee is contingent on development growth and will be used to install develop regional traffic signals as the traffic load increases. Amount $ 17,915 S 17,915 Section G - Fire Facility Fund (235) Brief description of the type of fee in the fund: The City of Palm Desert is interested in providing funding, through impact fees for a new Fire Station and equipment, in order to meet some of the new commercial and residential development in the northern half of the City. A Nexus study was prepared and approved by City Council in June 2006. The fee is calculated as follows: Commercial development rate is $0.22 per square foot, industrial/office rate is S0.20 per square foot, and residential development would be based on a $2,262 per acre depending on density of units built or $709 per single residence. Annually. the City will adopt a budget to use these funds to create new facilities and equipment. Part 1 - Fund Balance, Revenue, Interest, Expenditures, Ending Balance 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 Beginning Balance S 828,093 $ 935,663 $ 978,856 $ 1,032,024 S 1,073,087 $ 1,108,171 Developer Fees $ 104,243 $ 40,023 $ 46,779 $ 35,141 S 21,766 S 13,655 Interest Income S 3,327 $ 3,170 $ 6,389 $ 5.922 $ 13,318 $ 25,750 Gain (Loss) on Fair Value S 5,903 $ 107,570 $ 43,193 $ 53,168 $ 41,063 $ 35,084 $ 45,308 Expenditures $ - $ - $ - $ - $ - S Transfers out Ending Fund Balance $ 935,663 $ 978,856 $ 1,032,024 $ 1,073,087 $ 1,108,171 S 1,153,479 Part II - Compliance with expending funds within 5 years Five Year Revenue Test Using First In First Out 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 Current S 107.570 S 43,193 $ 53,168 $ 41,063 $ 35,084 $ 45,308 Prior Year (2-Yrs Old) S 89.129 S 107,570 $ 43,193 $ 53,168 $ 41,063 S 35,084 Prior Year (3-Yrs Old) S 41,479 S 89,129 $ 107,570 $ 43,193 $ 53,168 S 41,063 Prior Year (4-Yrs Old) S 52,924 S 41,479 $ 89,129 $ 107,570 $ 43,193 $ 53,168 Prior Year (5-Yrs Old) S 29,955 $ 52,924 $ 41,479 $ 89,129 $ 107,570 $ 43,193 Greater Than 5 Prior FY S 614.606 S 644,561 $ 697,485 $ 738,964 $ 828,093 $ 935,663 (1 ) Ending Balance S 935,663 S 978,856 $ 1,032,024 $ 1,073,087 $ 1,108,171 S 1,153,479 FY 2018-2019 Carryover Future Years Total % Funded with Funding Projects Commitments Commitments Dev. Fee Available Date North Sphere Fire Station S 1,000.171 S 75,000 $ 1,075,171 30% On going Noted: (1) The Fire Facilities Fee being held beyond the five years as described by AB1600. This fee is being collected for the purpose of construction of a new North Sphere Fire Station necessary to serve the growing population within the North sphere of Palm Desert and therefore must be retained until enough fees have been collected to start contruction of the project. (2 )North Sphere Fire Station is expected to cost S10,680.000.. am.,.wl s .euwarw •IOU0d $ | Isaa 4E91•110.teys | | | .. «. .�. . , . . . |. - � [lrnmge 1324ee0a4o0too L16E,m1 - ILIR.4 Grnage Prelbiinery Fng,Menry ! $4.000,e00 • GVlal 6044 Fwle .314040�400100 $4.r5x.Zf9 I ! !Wimp Wolff Inliaerprelt Oillnpe Reserve 42042l1-41e0100 Rnnu.l Prolecl SZ1o,193 ^ / I ! | �!\ | 1�\. | ; } \ ?| I || I 1 |` k I | 1 .�} | \' �! 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R it a •Ii:ipIIII I1llIlII11III, � i a a i ii i W 1 a i 1 r i ii a i oozscsrs.Lnri 1.10nR.L1 r ilffue nwwa 1MM a x f1- Ej x ■S i2 III 11 1 x _ 1 I s._! E g $$ g S o = _E y S a Y g o 8$ 2°1 -I 8 E 111 8i iA i gII1'.Ir'u alb"1 . IJNE NO. Yflule Paper No. ROJECT NUMBER F fi if a —,„ tlEsEExu�xasEEx�eEE"� .n.fis"sESi=- a6 �no.c z Eli: ,, to wfl g"-"ng b1W127 131. 1 s s A iiita¢ �ec ,a= 11 1 3 E �e x WILIt gg z :3: o' g5' g ax g$ $ 5N ss u N ...gs.s...g... o e$.g aE� 'Foos -sz ass g«. a uKaaoozu21Esse sE i was iL i es e �SL !�R Y9• p}=±.+e e.cRecccey e`nweg-`c LW Na. While P.P.. No. PROJECT NUM6ER 1 2019 BOARD OF DIRECTORS PRESIDENT Deborah McGarrey Southern California Gas Compan I" VICE PRESIDENT Toni Dubose Dubose Design Group, inc. SECRETARY/TREASURER Joe Frayes First Bank DICE PRESIDENT OFASSOCIATES Alan Levin Allan Levin & Associates PAST PRESIDENT Fred Bell Nobel! Energy 5nlutivnnc CHIEF EXECUTIVE OFFICER Gretchen G.itierrez DIRECTORS Brian Benedetti Brian Benedetti Construe[ion Mark Benedetti BMC Select Build Dede Cailanan North American fitle Margaret Drury Margaret Drury Construction Mario Gonzales GFIA Companies Todd Hooks Agua Caliente Band or Cahuilla Indians Trevor Keruptun AudioV isions Taylor Libolt- Varner MSA Consulting Dave Lippert Lippert Construction, Inc Paul Mahoney PMA Advertising d; uce Maize Rilington Group Russ Martin Mission Springs Water District ,lim Murdock PIRCH Dan Olivier Nethery Mueller Olivier Alan Pace Perm Geotechnical John Powell. Jr. Coachella Valley Water District Pedro Rincon Osborne Rincon Jeff Wattenbarger Wattenbarger Construction S‘ I BA desert valleys builders association November 19, 2019 City of Palm Desert Janet Moore, Director of Finance 73-510 Fred Waring Drive Palm Desert, CA 92260-2578 Re: AB 1600 Annual Report Dear Ms. Moore, RECEIVED NOV 2 1 2019 Finance Department CITY OF P.'• LM DESERT Thank you for providing the Desert Valleys Builders Association (DVBA) with the City of Palm Desert's Development Impact Fee Annual Report, Fiscal Year 2018-19. Upon completing our review, the DVBA is satisfied that the City has successfully met its annual reporting obligations pursuant to the Mitigation Fee Act. Respectfully; i � F 1C' Gretchen Gutierrez Chi Executiv Officer 75100 Mediterranean • Palm Desert • CA 9221 1 (760) 776-7001 office • (760) 776-7002 fax www.thedvba.arg Klassen, Rachelle From: Moore, Janet Sent: Tuesday, October 29, 2019 11:27 AM To: Klassen, Rachelle Subject: FW: Draft AB 1600 Report Attachments: 2019 Dev Impact Fee Report for FY18-19.pdf; BIA-Riv C-G.C. 66000 Notice Request-2019.pdf FYI Janet Moore Director of Finance City of Palm Desert (760) 346-0611 Ext. 327 imooreOatvofoalmdesert.ora From: Moore, Janet Sent: Tuesday, October 29, 2019 11:26 AM To: 'Clint Lorimore' <clint.lorimore@gmail.com> Subject: FW: Draft AB 1600 Report Good Morning Mr. Lorimore, We will be taking the 2018-19 Development Impact Fee Report to the City Council on December 12th. While this is not a request for new or additional fees, the report is required to be filed annually with the legislative body and we are providing this report for your review well in advance of its presentation for approval. In accordance with your request received in December of 2018, here is the draft AB 1600 report. The report is still in draft form and may be updated prior to the meeting. Please let me know if you have any questions. Janet Moore Director of Finance Ph: 760.346.0611 Extension: 327 imoore@cifvofoalmdesert.ora www.cityofpalmdesert.org ' 1 Klassen, Rachelle From: Moore, Janet Sent: Tuesday, October 29, 2019 11:26 AM To: Klassen, Rachelle Subject: FW: Draft AB 1600 Report Attachments: 2019 Dev Impact Fee Report for FY18-19.pdf FYI Janet Moore Director of Finance City of Palm Desert (760) 346-0611 Ext. 327 imooreOcitvofoalmdesert.ora From: Moore, Janet Sent: Tuesday, October 29, 2019 11:11 AM To: 'gg@thedvba.org' <gg@thedvba.org>; 'james@thedvba.org' <james@thedvba.org> Subject: Draft AB 1600 Report Good Morning Gretchen and James, We will be taking the 2018-19 Development Impact Fee Report to the City Council on December 12th. Here is the draft AB 1600 report. The report is still in draft form and may be updated prior to the meeting. Please let me know if you have any questions. Janet Moore Director of Finance Ph: 760.346.0611 Extension: 327 imoore@citvofoalmdesert.orq CITY OF PALM JES= www.cityofpalmdesert.org 00 i