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Home My WebLink AboutRes 07-74 Development Impact Fees Annual RprtCITY COUNCIL AGENDA FINANCE DEPARTMENT STAFF REPORT REQUEST: Annual Report of calculation of Government Code 66006, Development Impact Fees for the City of Palm Desert Date: October 25, 2007 CONTENTS: 1. Resolution making certain findings pursuant to Government Code section 66001. 2. Annual Report of Calculation of Government Code 66006 3. Capital Improvement Program 2007-2008 Recommendation: 1. Receive public testimony on annual report and findings. 2. Adopt Resolution No. 07-7making certain findings pursuant to California Government Code Section 66001 and 66006. Background: Following the passage of Proposition 13 in 1978, many cities began charging fees on new development to fund public improvements and services such as streets, traffic signals, parks, drainage, housing and art in public places. These fees are commonly known as development impact fees. In order to ensure that these fees were spent in a timely manner and on projects for which they were being collected, the State Legislature passed a bill known as AB 1600 (Mitigation Fee Act). This bill applies to developer fees, increased or imposed on or after January 1, 1989. AB 1600 enacts Government Code Sections 66000-66008 that generally contain four requirements: 1. A local jurisdiction must follow the process set forth in the bill and make certain determinations regarding the purpose and use of the fees, and establish a "nexus" or connection between a development project or class of project and the public improvement being financed with the fee. 2. The fee must be segregated from the general fund in order to avoid commingling of public improvement fees and the general fund. 3. If a local jurisdiction has had possession of a developer fee for five years or more and has not committed that money to a project or actually spent that money, then it must make findings describing the continuing need for that money. In addition, an annual report must be made of fees collected, interest earned, projects on which fees were expended, and any transfers or loans from the fee account. This report is to be reviewed by the local agency assessing the fees. 4. If a local jurisdiction cannot make the findings required under paragraph 3, the city must refund the fees collected. Development Impact Fees, Page 2 of 3 The Transportation Uniform Mitigation Fee, Housing Mitigation, New Construction Tax, Drainage Facility, Fringe Toed Lizard, Park & Recreation Fee, Traffic Signalization Fee, Art in Public Places Fee, AIPP Maintenance, Child Care Facility and Fire Facility Fund fees that the City collects, qualify as development impact fees. Therefore, these fees must comply with the above referenced Government Code Sections. Government Code Section 66001 requires the City to make available to the public certain information regarding development impact fees for each fund within 180 days after the end of the each fiscal year. Expenditures of the fees collected must occur within a five-year period. Attached to the staff report is a copy of the annual report reflecting the require information to conform to Government code sections 66001 and 66006. Originally when the fees were adopted the Ordinance/staff reports contained the necessary Nexus findings to establish each of the fees. The fees are used to assist the City in handling the increased population affecting Palm Desert on our streets, traffic signals, parks, public facilities like City hall, housing needs for low income housing, public art and mitigation fees to protect environmental plants and wildlife due the new development. Each fee is held in a separate fund and the report shows the fees collected and interest earned along with the expenditures paid. Lastly, the report shows the fees collected up to the five years and compares it to the fund balance to verify that the fees were spent within the five years. The following are the fees that exceeded the five-year expenditures test: Drainage Facility Fee, Traffic Signal Fee. All of these fees have current capital improvement budgeted projects (copy of capital budgets attached) which would bring the fees under the five year test and will be spent within a year to two years. Drainage Facility Fee: The Drainage Facility Fee fund balance is $5,529,322 versus the five -years revenue collected of $2,035,409 exceeds the five-year test by $3,493,913. We currently have a drainage facility master plan that indicates the various projects that the fee is being collected to build. Unfortunately, the cost of installation of these projects requires large fund balance accumulated prior to implementing the capital budget and must also be timed with other improvements happening around these capital projects. The future project schedule to draw down these funds below the 5 years test is the extension of Portola Drainage, Country Club Drive, and Fred Waring Drive for $4,300,749 Traffic Signal Fund: The Traffic Signal fund balance is $1,316,490 versus the five -years revenue collected of $1,069,850 exceeds the five-year test by $246,640. The future project schedule to draw down these funds below the 5 years test is the Traffic Signals on Portola at various locations for $2,115,000. Development Impact Fees, Pate 3 of 3 This year staff is recommending that we adopt a resolution by City Council to make the findings that we have comply with the five year test under Government Code section 66006. Attached is the resolution making the findings along with the Annual Report and a copy of the Capital Improvement Budget for FY 2007-2008. Since these findings have been made, and the City is in compliance with the Code no refunds are required. Submitted By: 00.4/461-- Paul S. Gibson Director of Finance/City Treasurer Approval: Carlos Ortega, ty Manager Approval: Dave Erwin, City Attorney ;;ITY COUNCIL .1 CTION: .✓ DENIED AREPPrEROVE �' .,,J,.-..,OTHER (... bEET NOES , alLSt n, ABSENT :._5il)'►P ABSTAIN:„ h/ -„ VERIFIED BY:, K,UK 1)1 . 7riginall on File wCity Clerk's Office RESOLUTION NO. 07-74 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, TO MAKE CERTAIN FINDINGS PURSUANT TO CALIFORNIA GOVERNMENT CODE SECTION 66001 WHEREAS, the City of Palm Desert is required to make certain findings every five years with respect to the unexpended fund balance of certain development fee funds pursuant to California Government Code Section 66001; and WHEREAS, the information to make the required findings can be found in the Annual Report Calculation, in the 2007-2008 Capital Improvement Program, the original ordinance adopting the fees file with the City Clerk; and WHEREAS, the City Council has approved a master drainage plan, a general plan for parks and approved a regional traffic signal plan that demonstrates the purpose of the fee being charged; and WHEREAS, these findings need to be made in conjunction with the public information required in Code Section 66006. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, as follows: 1. That the above recitations are true and correct. 2. That the following findings are made as required under the Government Code Section 66006: a. That the purpose to which the developer fee is to be put has been identified. b. That a reasonable relationship has been demonstrated between the fee and the purpose for which it is charged. c. That all sources and amounts of funding anticipated to complete financing on incomplete improvements have been identified. d. That the approximate dates on which the funding referred to above is expected to be deposited into the appropriate fund have been designated. 3. That these findings are based on information provided in the City of Palm Desert Annual Development Impact Report, Operating Budget and Capital Improvement Program 2007-2008 and master plans for improvements, which is incorporated herein by reference. Page 2 of 2 of Resolution No. PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council held on this 25 day of October 2007, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: ATTEST: RACHELLE KLASSEN, CITY CLERK RICHARD S KELLY, MAYOR CITY OF PALM DESERT, CALIFORNIA Annual Report of Calculation of Government Code 66006 Development Impact Fees For the City of Palm Desert For Fiscal Year Ending June 30, 2007 Government Code Section 66006 requires local agencies to submit annual and five-year compliance reports detailing the status of devefopment impact fees. The annual report must be made available to the public and presented to the public agency (City Council) at least fifteen days after it is made available to the public. This report summarizes the following information for each of the development fee programs: 1. A brief description of the fee program. 2. Schedule of fees. 3. Beginning and ending balances of the fee program. 4. Amount of fees collected and the interest earned. 5. Disbursement information and percentage funded by fees, including operating transfers. 6. Five year compliance testing of unexpended fees and future capital project commitments to expend the funds. The fee programs included in this report are the following: Section A—Transpo�tation Uniform Mitigation Fee Section B — Housing Mitigation Fee Section C — New Construction Tax Fee Section D — Drainage Facility Fee Section E — Fringe Toed Lizard Fee Section F — Park & Recreation Fee Section G —Traffic Signalization Fee Section H — Art In Public Places Fee Section I —A.I.P.P. Maintenance Fund Section J — Child Care Facility Fund Section K— Fire Facility Fund page 1 Section A — Transportation Uniform Mitigation Fee (T.U.M.F.) The TUMF program is collected by the City and administer by the Coachella Valley Association of Government (CVAG). The City of Palm Desert collects the fee based on a Ordinance adopted by City Council based on type of building usage and vehicles generated by the residential or commercial activity on City streets. The City monthly remits the fee to C.V.A.G. to be disbursed on a regional basis for street widening projects determine yearly by CVAG Capital Project Program Budget. Fee for residential is $1837.44 and all commercial buildings are based on attached formula and data sheet schedule which varies from project to project. Part 1 — Fund Balance, Revenue, Interest, Expenditures, Ending Balance Beginning Fiscal Year Ending Account Descri tion Fund Balance 2006-07 Fund Balance Revenues 8� Other Sources: Developer Fee 3,082,736.44 Interest Income Contributions Transfers In Total Sources 3,082,736.44 Expenditures & Other Uses: Capital Projects (Paid to CVAG) 3,082,736.44 Transfers Out Total Uses 3,082,736.44 Total Available - 0 - - 0 - - 0 - Part II — Compliance with Expending funds within 5 Years Five Year Revenue Test Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Revenues Collected From FY 2006-2007 - 0 - Total Ending Fund Balance - 0 - Result: Five year spent test met in accordance With Government Code 66001 Capital Improvement FY2006-2007 % Complete % Funded with Fee Projects CVAG Pa ments 3,082,73G.44 140% 100% Page 2 Section B— Housing Mitigation Fee The Housing Mitigation Fee is used to mitigate the low-income housing impacts caused by commercial and industrial development. Used to help construct or provide low-income housing assistance with the City of Palm Desert residence. A yearly and five year Low Income Housing Needs Report/Plan is compile to access the needs within the City. 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 Beginning Fiscal Year Ending Account Descri tion Fund Balance 200�=0 '( Fund Balance Revenues & Other Sources: Developer Fee 517,306 Interest Income 67,438 Contributions (State Grant) 630,000 Transfers In Total Sources 1,214,744 Expenditures & Other Uses: Capital Projects 780,000 Transfers Out to Low Income Housing - 0 - Total Uses - 0 - Total Available 1,054,875 434,744 1,489,619 Part II — Compliance with Expending funds within 5 Years Five Year Revenue Test Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Revenues Collected From FY 2005-2006 1,064,110 Revenues Collected From FY 2006-2007 1,214,744 Total Ending Fund Balance 1,489,619 Result: Five year spent test met in accordance With Government Code 66001 1 Year Balance Capital Improvement FY2006-2007 Five Year % Funded with Fee Pro'ects Future Commitments Low Income Housing 780,000 2,130,000 100% Project (Falcon/ La Rocca A artments Page 3 Section C — New Construction Tax Fee The New Construction Tax Fee is used for acquisition and development of public facilities like playgrounds, public structures, and street improvements. Yearly the City Councii approves a five year Capital Improvement Budget that reflects current projects along with future committed projects utilizing these fees. The fee is for 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 Beginning Fiscal Year Ending Account Descri tion Fund Balance 2006-07 Fund Balance Revenues � Other Sources: Developer Fee 543,349 Interest Income 53,746 Transfers In from General Fund-LOAN Total Sources 597,098 Expenditures & Other Uses: Capital Projects 689,304 Transfers Out Total Uses 689,304 Total Available 690,525 92,209 598,316 Part II — Compliance with Expending funds within 5 Years Five Year Revenue Test Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Revenues Collected From FY 2002-2003 560,492 Revenues Collected From FY 2003-2004 577,866 Revenues Collected From FY 2004-2005 1,240,001 Revenues Collected From FY 2005-2006 1,101,866 Revenues Collected From FY 2006-2007 597,098 Total Ending Fund Balance 598,316'` Result: Five year spent test met in accordance With Government Code 66001. 1 Year Balance Capital Improvement FY2006-2007 Five Year % Funded with Fee Pro'ects Future Commitments Fire Station Renovations 173,069 578,184 100% Corporation Yard Expansion 515,042 90%, l0%-Gen.Fd. Civic Center Storage 100,000 *Repayment of General Fund 433,650 Loan to cover negative cash Page 4 Section D — Drainage Facility Fee The Drainage Facility Fee is used for planned local drainage created by the development and adjoining streets to the project. The City has adopted a master drainage plan which gets modify as new development occurs. In addition, the five-year City Capital Improvement 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 with the public works department upon request. Part 1 — Fund Balance, Revenue, Interest, Expenditures, Ending Balance Beginning Fiscal Year Ending Account Descri tion Fund Balance 2006-07 Fund Balance Revenues & Other Sources: Developer Fee 88,975 Interest Income 306,229 Contributions Total Sources 395,204 Expenditures & Other Uses: Capital Projects 456,788 Total Uses 456,788 Total Available 5,590,906 61,584 5,529,322 Part II — Compliance with Expending funds within 5 Years Five Year Revenue Test Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Revenues Collected From FY 2002-2003 426,474 Revenues Collected From FY 2003-2004 289,614 Revenues Collected From FY 2004-2005 389,685 Revenues Collected From FY 2005-2006 534,432 Revenues Collected From FY 2006-2007 395,204 Total Ending Fund Balance 5,529,322 Result: Five year spent test over the limit by $3,493,913 however, City has Budgeted capital projects ($4,300,749) well above the excess that will be completed within 24 months from 6/30/07 which will com I with Government Code 66001. Capital Improvement FY2006-2007 Five Year % Funded with Fee Pro'ects Future Commitments Portola Ave Drainage 40,029 3,991,317 100% North Sphere Study 172,559 100% Country Club Drive 244,200 100% Fred Warin 309,432 100% Page 5 Section E — Fringe Toed Lizard Fee / Wildlife Mitigation This fee is collected in connection with environmental endanger plants & wildlife agreements with State and Federal environmental agencies. The fee is collected and placed into trust and remitted monthly to Center for Natural Lands Management to be used to acquire open space land to preserve for various plants and wildlife preserves. The current fee is $2,371 per acre. In fiscal year 2007-2008 the fee will be changed to reflect the new multi-species mitigation agreement. Part 1 — Fund Balance, Revenue, Interest, Expenditures, Ending Balance Beginning Fiscal Year Ending Account Descri tion Fund Balance 2006-07 Fund Balance Revenues & Other Sources: Developer Fee 13,230.00 Interest Income Contributions Transfers In Total Sources 13,230.00 Expenditures & Other Uses: Capital Projects 13,230,00 Transfers In Total Uses 13,230.00 Total Available - 0 - - 0 - - 0 - Part II — Compliance with Expending funds within 5 Years Five Year Revenue Test Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Revenues Collected From FY 2002-2003 - 0 — Revenues Collected From FY 2003-2004 - 0 — Revenues Collected From FY 2004-2005 - 0 — Revenues Collected From FY 2005-2006 - 0 - Revenues Collected From FY 2006-2007 - 0 - Total Ending Fund Balance - 0 - Result: Five year spent test met in accordance With Government Code 66001 Capital Improvement FY2006-2007 Five Year % Funded with Fee Pro'ects Future Commitments Payment to Center 13,230.00 -0- 100% for Natural Land M t Page 6 Section F — Park & Recreation Fee The fee is used to acquire land, construct parks and recreational areas, open space, and other public facilities for the city residents. 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 only charged to residential properties based on the following formula: Number of units x 2.292(people per household) x 5 acres divided by 1000 population x land market value per acre. Part 1 — Fund Balance, Revenue, Interest, Expenditures, Ending Balance Beginning Fiscal Year Ending Account Descri tion Fund Balance 2006-07 Fund Balance Revenues & Other Sources: Developer Fee 1,669,109 Interest Income 227,795 Contributions Transfers In Total Sources 1,896,904 Expenditures & Other Uses: Capital Projects 4,594,437 Transfers In Total Uses 4,594,437 Total Available 5,835,687 2,697,533 3,138,154 Part II — Compliance with Expending funds within 5 Years Five Year Revenue Test Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Revenues Collected From FY 2002-2003 249,427 Revenues Collected From FY 2003-2004 116,097 Revenues Collected From FY 2004-2005 1,133,022 Revenues Collected From FY 2005-2006 2,435,013 Revenues Collected From FY 2006-2007 1,896,904 Total Ending Fund Balance 3,138,154 Result: Five year spent test met in accordance With Government Code 66001 (2 Years) Capital Improvement Projects FY2006-2007 Five Year % Funded Future with Fee Commitments 'Civic Center Amphitheater& Park Improvements 11,287 2,306,477 100% Hiking Trai� 159,878 50`% Park Improvements (Freedom Park) 1,072,892 100.0U0 25"/,� Land Purchase (Portola/Gerald Ford) 3,502,512 50%� Page 7 Section G — Traffic Signalization Fee The fee is used for acquisition and development of the regional traffic signals within the City created by increase 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 Beginning Fiscal Year Ending Account Descri tion Fund Balance 2006-07 Fund Balance Revenues & Other Sources: Developer Fee 134,252 Interest Income 72,612 Contributions 53,782 Transfers In 114,166 Total Sources 374,812 Expenditures & Other Uses: Capital Projects 221,588 Transfers Out Total Uses 221,588 Total Available 1,163,266 153,224 1,316,490 Part II — Compliance with Expending funds within 5 Years Five Year Revenue Test ' Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Revenues Collected From FY 2002-2003 143,162 Revenues Collected From FY 2003-2004 165,744 Revenues Collected From FY 2004-2005 182,691 Revenues Collected From FY 2005-2006 203,441 Revenues Collected From FY 2006-2007 374,812 Total Ending Fund Balance 1,316,490 Result: Five year spent test over the limit by $246,640 however, City has Budgeted capital projects ($2,115,000) well above the excess that will be completed within 24 months from 6/30/07 which will com ly with Government Code 66001. Capital Improvement FY2006-2007 Five Year % Funded with Fee Projects Future Commitments Traffic Si nals 221,588 2,115,000 100% Page 8 Section H — Art In Public Places Fee The fee is used to acquire, develop, install and maintain artwork to be displayed in the city (City owned land), the administration of the program and community public art education programs. The City has an Art in Public Places committee that meets monthly to decide both location and type of art that will be placed throughout the City. Developers may choose to place and develop art within their project site without paying a fee to the City. Yearly the City Council adopts a five- year Capital Improvement Plan and administration plan detailing the current and future projects necessary for use of the fee. Part 1 — Fund Balance, Revenue, Interest, Expenditures, Ending Balance Beginning Fiscal Year Ending Account Descri tion Fund Balance 2006-07 Fund Balance Revenues & Other Sources: Developer Fee 787,382 Interest Income 132,595 Refunds to Due to Private Placement 3,590 Total Sources 923,567 Expenditures & Other Uses: Capital Projects/Administration of 526,684 Pro'ect Total Uses 526,684 Total Available 1,935,747 396,883 2,332,630 Part II — Compliance with Expending funds within 5 Years Five Year Revenue Test Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Revenues Collected From FY 2002-2003 341,536 Revenues Collected From FY 2003-2004 361,027 Revenues Collected From FY 2004-2005 289,794 Revenues Collected From FY 2005-2006 797,618 Revenues Collected From FY 2006-2007 923,567 — - ------------ ---- Total Ending Fund Balance 2,332,630 Result: Five year spent test met in accordance With Government Code 66001 4 Years Capital Improvement FY2006-2007 Future Commitments % Funded with Fee Administration 219,820 60% Prof. Architecture/Eng 21,372 100% Art Work—EI Paseo 60,041 100% Art/Placement/Purchase 403,127 958,000 100% Page 9 Section I — A.I.P.P. Maintenance Fund A portion of the Art in Public Places fee is used to cover the yearly maintenance of all the art placed within the City on public places. The City of Palm Desert placed General Fund cash within the fund of a sum of $300,000 to be used as a loan to have sufficient funds to adequately maintain the Artwork until sufficient funds are collected to cover the yearly costs. Part 1 — Fund Balance, Revenue, Interest, Expenditures, Ending Balance Beginning Fiscal Year Ending Account Descri tion Fund Balance 2006-07 Fund Balance Revenues & Other Sources: Developer Fee Interest Income 7,203 Contributions Transfers In Total Sources 7,203 Expenditures & Other Uses: Maintenance of Art Work 77,332 Transfers Out Total Uses 77,332 Total Available 155,117 70,129 84,988 Part II — Compliance with Expending funds within 5 Years Five Year Revenue Test Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Loan From General Fund — Transfer In 300,000 Loan from General Fund Revenues Collected From FY 2003-2004 Revenues Collected From FY 2004-2005 Revenues Collected From FY 2005-2006 Revenues Collected From FY 2006-2007 Total Ending Fund Balance 300,000 Result: Five year spent test met in accordance With Government Code 66001 Capital Improvement FY2006-2007 Five Year % Funded with Fee Pro'ects Future Commitments Maintenance of Art 77,332 100% H:\�1'P51\COI�NCIl.�lnnual Report-Development Impact Fee 2005-06.doc Page 10 Section J — Child Care Facility 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 City Council in August 2005. Yearly, the City will adopts a budget to use these funds to create new facilities and equipment. Part 1 — Fund Balance, Revenue, Interest, Expenditures, Ending Balance Beginning Fiscal Year Ending Account Descri tion Fund Balance 2006-07 Fund Balance Revenues & Other Sources: Developer Fee 735,136 Interest Income 31,454 Contributions Transfers In Total Sources 766,590 Expenditures � Other Uses: Design, Construction & Equipment 7,242 Transfers Out Total Uses 7,242 Total Available 270,008 759,348 1,029,356 Part II — Compliance with Expending funds within 5 Years ----------------------�— -- ------ Five Year Revenue Test Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Loan From General Fund —Transfer In Revenues Collected From FY 2005-2006 270,008 Revenues Collected From FY 2006-2007 766,590 Total Ending Fund Balance 1,029,356 Result: Five year spent test met in accordance With Government Code 66001 Capital Improvement FY2006-2007 Five Year % Funded with Fee Projects Future Commitments Grants to Non-Profits 7,242 100% H:\��'P51\COI�M1CI1.\.4nnual Report-Ucvebpmcnt Impact Fec 2006-07.doc Page 11 Section K — Fire Facility Fund The City of Palm Desert is interested in providing funding, through impact fees for 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 Counci! in June 2006. Commercial development rate is $0.22 per square foot, industrial/office rate is $0.20 per square foot, and residential development would be based on a $2,262 per acre depending on density of units built. Yearly, 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 Beginning Fiscal Year Ending Account Descri tion Fund Balance 2006-07 Fund Balance Revenues & Other Sources: Developer Fee 223,794 Interest Income 11,810 Contributions Transfers In Total Sources 235,604 Expenditures � Other Uses: Design, Construction & Equipment Transfers Out Total Uses - Total Available 130,368 235,604 365,972 Part II — Compliance with Expending funds within 5 Years Five Year Revenue Test Using First In First Out Method Unspent Funds Represents Ending Fund Balance June 30, 2007 Loan From General Fund — Transfer In Revenues Collected From FY 2005-2006 131,509 Revenues Collected From FY 2006-2007 235,604 Total Ending Fund Balance 365,972 Result: Five year spent test met in accordance With Government Code 66001 2 Year Balance Capital Improvement FY2006-2007 Five Year % Funded with Fee Pro'ects Future Commitments New Fire Station - 0 - 3,504,271 50% Land Purchase 2,000,000 100% Page 12 CITY OF PALM DESERT PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM SUMMARY FUND/NG Budgef Multl-Year PROPOSED PROJECT LIST BY FUND SOURCES Year Fundi�g Budgeted Funded MEASURE A FUND Portola Interchange @ I-10 Measure A Fund 213 1 4,000.000 2 6,000.000 Carryover of Budget 1.704,742 11,I04,742 Cook Street Improvements-Fred Waring to Frank Sinatra Measure A Fund 213 7 3,600,000 Carryover of Budgel 8.596,543 12,196,543 Turn Pockets Measure A Fund 2�3 7 605,000 2 600.000 Carryover of Budget 600.000 1,805,000 Montefey Improvements-Fred Waring to Country Club Measure A Fund 213 7 500.000 2 3,000,000 3 3,000 000 6,SaU,U�O Note 1 Monterey Ramp Modification Measure A Fund 213 2 t,000,000 Carryover of Budgel 4.349.306 5,349,306 Portola Street/Dinah Shore Extension Carryover of Bud9et 212,865 Monterey Median Imp(Hovley&Country Club) Carryover of Budget 56,303 Monterey Ave Utility Relocation Carryover o(Budget So0,000 Total Fund S 38,324,759 CONSTRUCTION TAX FUND CiviC Center Park StOrage Construcuon Tax Fund 231 Carryover of Bud9e1 100,000 Total Fund S 100,000 DRAINAGE FUND Portola Ave/Dinah Shore Extension Dra�nage Fund 232 Carryover o(Budget 309,432 Cook and Country C�ub Drainage Dra�nage Fund 232 Carryover o(Butlget 3,991,317 Total Fund S a,3oo,749 PARK&RECREATION FUND Trail Re-Naturalization Park Fund 233 � 126,000 Freedom Trail BiCyCle and Gol(Cart Palh Pa�k Fund 233 Carryover of Butlget '100,000 Hiking Trail Park�und 233 Carryover oi Budget 33,878 Civic Center Park Improvements Park Fund 233 Carryover of Budge� 2,306,477 F�Bedom Park Park Fund 233 Carryover of Budgel - TOtal FUfld S 2,566,355 TRAFFIC SIGNAL FUND Fred Waring at San Pascual 7raf(ic S�gnai Fund 234 1 300,000 Hovley East&Eldorado 7rattic S�gnal Fund 234 1 200,000 Hwy 111-Monterey-Hwy 74 Traffic Signal Fund 234 1 250,000 2 300,000 Carryover of Budget 50.000 600,000 No Portola&Frank Sinatra Traff�c S�gnal Fund 234 2 400,000 No Hwy 74 8 Mesa View TraHic S�gnal Fund 234 4 400,000 Frank Sinatra 8 Gerald Ford Traf6c Signai Fund 23a Carryover of Budget 215,000 Fund Total S 2,115,000 CITY OF PALM DESERT PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM SUMMARY FUND/NG Budget Multi-Year PROPOSED PROJECT LIST BY FUND SOURCES Year Funding Budgeted Funded FIRE FACILITIES FUND New City Fire Station-North Paim Desert Fire Facihties Fund 235 1 3,504,271 NOtE 2 Fund Tatal S 3,504,271 RECYCLING FUND Presidents'Plaza I Renovation Recyciing Fund 236 Carryover ot Budget 480,000 Fund Total S 480,Ooo AIR QUALITY MANAGEMENT FUND Bus Shelter Improvement Program Av puahry Mgnt Funtl 238 Carryover of Butlget 80,000 Fund Total S 80,000 CAPITAL PROJECT RESERVE FUND Portola Wall 8 Aesthetic Treatment Year 2010 Fund 400 'I 150.000 2 i.oso.000 1,200,000 Major Street Landscaping vear 2oto Fund aoo 1 2,200.000 2 250.000 3 250.000 4 250,000 5 250.000 3,200,000 Note 3 Major Street Sidewalk Program Year 2oio Fund 400 1 250,000 2 250.000 3 250.000 4 250.000 5 750.000 1,250,000 Note 4 Monterey at Dinah Shore Landscaping Year 2oto Fund aoo 1 �.oeo.0o0 Carryover of Budget 127.019 1,207,019 I-10 at Monterey Landscaping vear 2010 Fund 400 1 720.000 Carryover of Budget 81,849 801,849 PoRola at Whitewater Bridge Year 2010 Funtl 400 1 1.550.000 Carryover oi Budget 188,351 1,7J8,361 Fred Waring Drive Widening-California to Washington Street- inGuding Sound Wall vear 2oto Funa aoo 1 5.700.000 Carryover o(Budget 5.642.342 11,342,342 Monterey Improvements-Country Club to Gerald Ford Year 20t0 Fund a00 1 500,000 Hwy 111 Improvements(Sidewalk,Busbay&Signal Modification) Year 2070 Fund 400 1 450,000 Bus Stop Relocation Year 2010 Fund 400 Carryover of Budget 140,300 Wesifield Bus Bay Project Year?.010 Fund 400 Carryover o(Budget 127,602 Monterey Ave-Hovley W.to Country Club(MIC) Year 2010 Fund 400 Carryover of Butlget 91,651 Monterey Avenue Improvements Year 20t0 Fund 400 Carryover of Budget 50,000 Presidents'Plaza I Parking Lot Repaving Year 2010 Fund 400 Carryover of Butlgel 1,263,000 Fred Waring at San Pascuel Year 2010 Fund 400 Carryover of Budget 81,955 Total Fund S 23,444,079 CITY OF PALM DESERT PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM SUMMARY FUND/NG Budget Multi-Year PROPOSED PROJECT LIST BY FUND SOURCES Year Funding Budgeted Funded DRAINAGE FUND Various Drainage Improvements Dra�nage Fund a20 t 600,000 Monterey-Fred Waring to Whitewater Channel Drainage Fund 420 t 2,137,052 Cook-Gerald Ford Drainage Dra�nage Fund 420 Carryover of Budget 262,810 ToUI Fund 5 2,999,862 CP- PARK&RECREATION FUND Satellite Yard Renovation Park Fund 430 Carryover of Budget 324,720 CC BOCCe BaIVCrtS/PiCniC Park Fund 430 Carryover of Budget 77,000 CC Handball CourtS Park Fund 430 Carryover ol Budget 100,000 Hiking Trail Park Fund 430 Carryover of Budget 39,435 Civic Center Park Improvements Park Fund 430 Carryover of Budget 314,574 CC Re5lroom5 Park Fund 430 Carryover of Budget 325,000 Total Fund S t,teo,729 ART IN PUBLIC PLACES FUND Alessandro Alley AIPP Funtl 436 1 27,000 COD Swimming Pool AIPP Fund 436 2 80,000 Desert Willow Parking Structure AIPP Fund 436 2 80,000 Monterey&Dinah Shore Median AIPP Funtl 436 2 180,000 2009/2010 EI P8580 ExhibitiOn AIPP Fund 436 3 100,000 2011/2012 EI Paseo Exhibition AIPP Fund 436 5 100,000 AIPP ProjeCts AIPP Fund 436 Carryover ot Budget 391,000 Total Fund 5 958,000 CP-SIGNALIZATION FUND Traffic Signal Coordination S�9nai�zaUon FD 440 Carryover of Budget 191,686 Total Fund E 191,686 CAPITAL-RDA PROJECT AREA#1 FUND Monterey Improvements-Country Club to Gerald Ford RDA PJut Fund 850 1 1,000,000 Neighborhood Undergroundi�g(Reserve) RDA PJ#1 Fund 850 1 2,500.000 2 3,000,000 Ca«yover of Budget 970,000 6,470,000 Entrada del Paseo(All Projects) RDa PJzt Fund 850 1 2,200,000 Carryover of Budget 555,630 2,755,630 EI Paseo Image Extension(Hwy 74 to Hwy 111) RDA PJnt Fund 850 1 t,650.000 EI Paseo Image Extension(74 to 111) RDA PJttt Fund 850 2 1.700,000 Ca«yover of Budget 1,650.000 5,000,000 Historical Society of the Desert-New Building(Design) RDA PJtt1 Fund 850 1 100,000 Alessandr0 Alleyway RDA PJ#t Fund 850 Carryover of Budget 4,697,399 Portola Bridge Widening RDA Pd#t Fund 850 Carryover oS Budget 3,835,811 Fred Waring Widening RDA PJu1 Fund 850 Carryover oi Budget 668,385 Catalina Recreation Facility RDA PJttt Fund 850 Carryover o(Butlget 80,450 President's Plaza RDA PJttt Fund 850 Carryover of Budgel 1,200.000 Total Fund S 25,ao7,575 CITY OF PALM DESERT PROPOSED FIVE-YEAR CAPITAI IMPROVEMENT PROGRAM SUMMARY FUNDING Budget Multi•Year PROPOSED PROJECT LIST BY FUND SOURCES Year Funding Budgeted Funded CAPITAL-RDA PROJECT AREA#2 FUND Portola Interchange @ I-10 RDA PJ#2 Fund 851 1 4,300,000 Monterey Improvements-Country Club to Gerald Ford RDA PJtt2 Fund 851 1 2,000,000 New City Fire Station-North Palm OeseR ROA PJ#2 Fund 851 1 4,000,000 Palm Desert Aquatic Facility RDA PJtt2 Fund 851 1 6,OOo,000 ARerial Street Undergrounding RDA PJ#2 Fund 851 2 3.300.000 3 3,300,000 4 3,400,000 10,000,000 Monterey @ I-10 RDA PJ#2 Fund 851 Carryover o(Butlget 2,U0�,000 No.Sphere Infrastructure RDA PJ#2 Fund 851 Carryover ot Budgel 1,323,189 DW Parking-For Condition oi ApprovallLakes RDA PJti2 Fund B51 Carryover of Budget 751,085 Freedom Park RDA PJu2 Fund 851 Carryover of Buoget 238,911 Total Fund 5 3o,s13,1a5 CAPITAL-RDA PROJECT AREA#3 FUND Port01a InterCha�ge @ I-10 RDA PJ#3 Fund 853 1 8,200,000 Neighborhoad Undergrounding RDA PJ#3 Fund 853 3 2,000,000 Cook Street Improvements RDA PJtt3 Fund 853 Carryover of Butlget 3,000,000 Falcon/Hovley Perimeter Landscaping RDA PJ#3 Funtl 853 Carryover o(Budget 250,000 Total Fund S 13,a5o,000 CAPITAL-RDA PROJECT AREA#4 FUND Arterial Slreet Undergrounding RDA PJ#4 Fund 854 t 5,000.000 Carryover of Budget 9.000,000 14,000,000 Fred Waring Street Improvements RDA PJtta Fund 854 Carryover of Budget 3,717,022 Freedom Park RDA PJtt4 Fund 854 Carryover of Budget 266,369 Total Fund 5 17,983,391 HOUSING FUND Palm Village Apartments Construction Hous�ng Fund 870 1 50.000 Carryover o(Budget - 50,000 FaICOn CrBSVLa RoCCa Villas ConStlUction/HOA Housing Fund 870 1 532.000 Carryover of Butlgel 6.956215 7,488,215 Properiy Acquisition(Affordable Units) Hous�ng Fund 870 2 2.000.000 Property Acqwsition(AHordable Units) Housing Fund 870 3 1,000.000 3,000,000 20 Acre Site(Self Help/HOA)Development Hous�ng fund 810 2 Ba0.000 20 Acre Site(Self Help/HOA)Development Housrng Fund a7o 3 7aa.00o 2�Acre Site(Seff F1eIp1HOA)Development Hous�ng Funa 870 4 6a8.o00 20 Acre Site(Self Help/HOA)Development Housing Fund 870 5 64B.o00 2,884,OOo Work(orCe Housing Gra�t Housing Fund 870 Carryover o(Budgel 34,654 Apartment Complex Rehab(Country Village) Housing Fund 870 Carryover of Budgel 4,000,000 Total Fund 5 t7,d56,869 PALM DESERT HOUSING AUTHORITY FUND Laguna Palms Rehabili[ation Housng Autnonty�D 871 Carryover of Budget 1,189,647 California Villas Rehabilitation Hous�ng Author�ly FD 877 Carryover of Budgel 5,116,318 Total Fund 5 6,305.965 TOTAL FIVE YEAR PROPOSED CAPITAL BUDGET 5191,862,575 CITY OF PALM OESERT PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM SUMMARY FUND/NG Budget Multi•Year PROPOSED PROJECT LIST BY FUND SOURCES Year Funding Budgeted Funded MAINTENANCE,REPAIRS AND OTHER PROJECTS OR PROGRAMS: HOUSING MITIGATION FUND FaICOn C�eSt HOme L02nS Housing Mitigation FD 214 Garryover of Budget 2,130,000 Total Fund E 2,130,000 CONSTRUCTION TAX FUND Repayment of City�oan Construcuon Tax Fund 231 1 433,650 Fire Stations Improvements&Maintenance Construcuon 7ax Fund 231 1 500,000 Carryover of Bud9et 78,164 578,184 Total Fu�d S 1,011,83a PARK 8 RECREATION FUND Park Re-Lamping&Light Replacement Park Fund 233 7 20,Ooo 2 20,000 3 20,OQ0 4 20,000 5 20,000 100,000 CC Park Improvements Park Fund 233 1 125.000 2 125.000 250,000 Playground Replacement-PD Middle School Park Fund 233 t 200,000 Rebuild Community Garden Plots-San Pablo Park Fund 233 � 50.000 2 50.000 100,000 ADA Upgrades to Playgrounds Park Fund 233 7 25,000 2 25.000 3 30.000 4 30.000 5 35.000 145,000 Community Center Feasibility Study Park Fund 233 1 400,000 Playground Replacement-Ironwood Park Fund 233 2 150,000 Playground Replacement-Washington Charter Park Funtl 233 3 150,000 Playground Replacement-Joe Mann Park Fund 233 4 So,00O Total Fund S 1,5a5,000 CAPITAL PROJEC7 RESERVE FUND Noliday Decorations Year 2070 Fund 400 1 75,OOo Facade Program vear zo10 Fund 400 1 Boo,Ooo 2 500.000 3 5�0,��0 4 500.000 5 500.000 2,800,000 Eisenhower MediCal Center Year 2070 Fund a00 1 4,000.000 2 3,000.000 3 3.000.000 10,000,000 Children's Discovery Museum Year 2070 Fund 400 1 So0,00a City Hall FaCilitie5 Year 2010 Fund 400 Carryover o(Budgel 75,704 Other City Owned Buildings Year 20t0 Funtl 400 Carryover of Budget 92,758 Washington Str2et Medians Study Year 2010 Fund 400 Ca�ryover of Budgel 115,000 CAPITAL PROJECT RESERVE FUND(Continued) F.I.N.D Building Year 2�10 Fund ao0 Carryover ot Budgel 1,300,000 CITY OF PALM DESERT PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM SUMMARY FUNDING 8udget Multl-Year PROPOSED PROJECT LIST BY FUND SOURCES Yeai Fundtng Budgeted Funded Lighting Retrofit ProjeCt Year 2010 Fund 400 Carryover ot Budget 50,913 CoRimunity G2rdens �ear 2070 Fund 400 Carryove�of Budget 125,000 Council Chambef Year 2010 Fund 400 Carryover of Budget 58,647 Sewer Laterals Installations Year 20�0 Fund 400 Carryover of Budget 23,723 Monter8y Ave Bridge exp8nsion joints Year 2070 Fund a00 Carryover of Budget 27,000 Total Fund S 15,243,745 DRAINAGE FUND NuisanCe W81er InIeUDryweli Drainage Fund 420 7 300,000 2 300,000 600,000 Total Fund 5 soo,000 CP• PARK&RECREATION FUND Irngation Retrofit to Calsence Controllers-Haystack Park Fund a36 � 50,000 Repair&Replace drainage system-Haystack Park Fund 430 � 25,000 Replace sand in VB courts-Civic Center Park Park Fund a30 � s5,000 Legends Field Columns Park Fund 430 2 �5,000 4 15,000 30,000 Irrigation Retrofit to Calsence Conlrollers-Ironwood Park Funtl 430 2 20,000 ReSurfaCing Basketball Courts Park Fund 430 2 25,000 Improvements at Joe Mann 8 Soccer Park Park Fund 430 2 25,000 CC Park Improvements Park Fund 430 3 125.000 4 i 25,000 5 t25.000 375,000 Note 5 Resurfacing Tennis Courts-Cahuilla Park Park Fund 430 3 18,000 Improvements at Civic Center&Palma Village Park Fund a3o 3 15,Oo0 Irrigation Retrofit to Calsence Controllers-Joe Mann Park Fund 430 3 50,000 Irrigation Retrofit to Calsence Controllers-Comm.Park Park Funa 430 4 SO,OoO ResurfaGing Civic Center Tennis&Basketball Courts Park Fund 430 4 50,000 Playground Replacement-Palma Village Park Funtl 430 5 50,000 Improvements-Freedom Park Park Fund a30 5 15,000 Resurfacin9 Joe Mann&Freedom Courts Park Fund a30 5 4o,0oU Total Fund E e03,000 BUILDING MAINT.FUND Civic Center Seismic Study Bullding Maint.Fund 450 1 25,000 Heat Pump AC Replacement Bu�id�ng Ma�nt.Fund a50 � 95,UU� New Transformer-Civic Center Buiid�n9 Ma�n�.Fund a50 7 35,000 Remodeling the Gvic Center Chamber Bathrooms Butlding Maint.Fund 450 1 100,000 PortOla COmmunity Center Rep8ir5 Bu�ld�ng Ma�nt.Fund 450 1 200,000 Redesign of Public Works Interior Workspaces Bwlding Man1 Fund 45o t 180,000 Total Fund 5 635,000 TRUST FUND HOmme/Adams P2rk Trust Fund 880 Carryover ot Budget 267,250 Total Fund 5 267,250 CITY OF PALM DESERT PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM SUMMARY FUND/NG Budget Mu1ti•Year PROPOSED PROJECT LIST BY FUND SOURCES Year Funding Budgeted Funded CAPITAL-RDA PROJECT AREA#1 FUND living DeseA Parking Lot(Final) RDA PJu�Fund 850 1 250,000 Police&Fire Training School RDA PJtt7 Fund 850 1 SOO,OUO El Pa5e0 CoUrteSy CartS RDA PJ#1 Fund 850 1 220,000 2 220.000 3 220.000 4 220,000 5 220,000 1,100,000 Total Fund S 1,850,000 CAPITAL-RDA PROJECT AREA#2 FUND Desert Willow Pad Stabilization RDA PJtt2 Fund 85� 1 78.750 2 82.688 3 86,822 4 91.163 5 95.721 435,144 PoliCe&Fire Training SchOol RDA PJ#2 Fund 851 1 500,000 Total Fund S 935,144 CAPITAL-RDA PROJECT AREA#3 FUND PoliCe&Fire Training SChool RDA PJ#2 Fund 853 1 500,000 Total Fund S SOO,00O CAPITAL-RDA PROJECT AREA#4 FUND Police&Fire Training School RDA PJu2 Fund 854 1 500,000 C85ey'S ReslBurant RDA PJN4 Fund 854 Carryover ot Budget 151,A20 Total Fund E 651,420 HOUSING FUND Home Improvement Program 1 soo,000 2 100.Oo0 3 300.000 4 306.000 5 312,120 Carryover of Budgel 640J54 2,358,874 AcqniRehab/Resa�e-Infill Affordable Hsg Hous�ng Fund 870 1 275.000 2 280.500 3 286.1 10 4 297.832 5 297.669 Carryover of Butlget 142,767 1,573,878 Desert Rose Project(Maintenance/Repairs) Houvng Fund 870 1 95.000 2 1�0.000 3 125.000 4 1'15,000 5 t25.000 580,000 CITY OF PALM DESERT PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM SUMMARY � FUND/NG Budget Multl•Year PROPOSED PROJECT LIST BY FUND SOURCES Yeai Funding Budgeted Funded HOUSING FUND(Continued) Multi-Family Improvement Program Hous�ng Fund 870 1 25,000 2 200.000 3 25.000 4 25.000 5 25,000 300,000 Rental Assistance Program Hous�ng Fund 870 1 15o,000 2 205,000 3 260.000 4 270,200 5 260,604 1,165,804 MOrtgage AssiStance PrOgram Hous�ng Fund 870 1 50,000 2 51,000 3 52.020 4 53.060 5 54.t22 260,202 Home Buyer Assistance Program Hous�ng Fund 870 1 300.000 Home Buyer ASsistance Program Hous�ng Fund 870 2 300.000 Home Buyer Assistance Program Hous�ng Fund 870 3 300.000 Home Buyer Assistance Program Housing Fund 870 4 306.000 Home Buyer Assistance Program Housing Fund 870 5 312,120 1,518,120 Home Buyer Subsidies-Falcon Crest Hous�ng Fund BIO 1 3.756.000 Home Buyer Subsidies-Falcon Crest Hous�ng Fund 870 2 200,000 Carryover of Budge� 202.181 4,158,181 Self Help Housing Program Hous�ng Fund 870 2 500,000 Total Fund 5 12,415,059 PALM DESERT HOUSING AUTHORITY FUND One Quail Place(Signage) Housing Authority FD 871 Carryover of Budget 12,016 Candlewood Apts(Health&Safety Repairs) Housing Authority FD 871 Carryover of Budget 136,546 Total Fund 5 148,562 TOTAL FIVE YEAR PROPOSED MAINTENANCE, REPAIRS AND OTHER PROJECTS/PROGRAMS S 38,836,014 TOTAL FIVE YEAR PROPOSED BUDGET $230,698,589 Note 1.Staff asking CVAG for 75%coverage of projeci.If CVAG does not participate,project wi11 not be funded. Note 2:Project is funded through permit(ees. Note 3:Year 1 ro 5 not funded Note 4 Vear 2 to 5 not funded. Note 5.Year 5 is not funded. CITY OF PALM DESERT Exhibit 3 CAPITAL IMPROVEMENT PROGRAM EXISTING PROJECTS IN FISCAL YEAR 2006-07 CONTINUED TO FY 2007-2008 PROJECT TITLE ESTIMATED ACCOUNT FY 2006-07 Amount to PROJECT NUMBERS to FY07-0S Carryover TOTAL FOR •see r+ore 2007-2OOH LIFE OF PROJECT General Fund 110 None Measure A Fund 213 Portolall-101nterchange ROW I Design 2,403,506 213-4351-433.40-01 1,70d,742 1,698,618 Portola Street/Dinah Shore Extension 359,368 213-4365-433.40-01 212,865 217,865 Monterey Median Imp(Hovley&Country Club) 70,000 213-4371-433.40-01 56,303 56,303 Monterey Ave Utility Relocation 500,000 213-4378-433.40-01 500,000 500,000 Fred Waring Tum Pockets 600,000 213-4383-433-40-01 600,000 60�,000 Cook Street from Fred Waring to Frenk S. 9,000,000 213-4385-433.40-01 8,596,543 8,588,774 Monterey Ave Ramp Modification 8,270,000 213-4389-433.40-01 4,349,306 4,338,583 16,019,759 16,000,143 Housinq Mitiaation Fund 214 Falcon Crest Home Loans 2,790,000 214-4698-466.40-01 2,130,000 2,212,500 New Construction Taz Fund 231 Fire Station Improvements(Town Center/ Portola Stations) 170,062 231-4220-422.40-01 78,184 78,184 Civic Center Park Storage 100,000 231-4340-433.40-01 100,000 100,000 178,184 178,184 Drainaae Fund T32 Portola Ave/Dinah Shore Extension 310,000 232-4365-433.40-01 309,432 309,432 Cook and Country Club Drainage 4,345,000 232-4375-433.40-Ot 3,991,317 3,987,700 4,3U0,749 4,297,132 Park 8 Rec Facillties Fund 233 Freedom Trail Bicycle and Golf Cart Path 100,000 233-4544-454.40-01 � 100,000 100,000 Hiki�g Trail 50,000 233-4636-454.40-Ot 33,878 33,731 Civic Center Park Improvements 2,610,000 233-4668-454.40-01 2,306,477 2,306,477 2,440,355 2,440,208 Traffic Siqnals Fund 234 Frank Sinatra&Gerald Ford 215,000 234-4264-422.40-01 215,000 215,000 Hwy 111-Monterey-Hwy 74 Traffic Signal 50,000 234-4621-433.40-01 50,000 50,000 265,000 265,000 Recvclino Fund 236 Presidents'Plaza I Renovation 480,000 236-4436-422.40-01 480,UOU 480,000 Air Qualiry MQnt Fund 238 Bus Shelter Improvement Program 80,000 238-4354-433.40-01 80,000 80,000 Capital Proi Reserve Fund 400 City Hali Facilities 200,000 400-4161-415.40-Ot 75,704 78,404 Other City Owned Buildings 100,000 400-4164-415.40-01 92,758 85,830 Washington Street Medians Study 115,000 400-4353-433.40-01 115,000 115,000 Bus Stop Relocation Continuing 400-4354-433.40-01 140,300 140,300 Monterey Ave Bridge expansion joints 100,000 400-4355-433.40-01 27,000 25,749 Westtield Bus Bay Project 535,602 400-4357-433.40-01 127,602 77,602 Portola Ave @ Whitewater Bridge 12,483,938 400-4359-433.40-01 188,361 2,964 Monterey Ave-Hovley W.to Country Club Dr.(MIC) 95,000 400-4371-433.4Q-�1 91,651 91,651 Monterey Avenue Improvements 50,000 400-4386-433.40-01 50,000 50,000 Fred Waring Drive Widening(Sound Wall/ Wide�i�g) Continuing 400-4399-433.40-01 5,642,342 5,648,348 Presidents'Plaza I Parking Lot Repaving 1,263,000 400-4436-422.40-01 1,263,000 1,216,718 F.I.N.D Building 1,300,000 400-4437-433.40-01 1,300,000 1,300,000 Lighting Retrofit Project Continuing 400-4511-442.39-11 50,913 50,913 Communiry Gardens 125,000 400-4546-454.40-01 125,000 125,000 Council Chamber 75,000 400-4563-433.40-01 58,647 58,647 Fred Waring at San Pasquel 100,000 400-4565-422.40-01 81,955 81,955 Sewer laterals Installations Continuing 400-4598-433 40-01 23,723 23,723 Monterey Ave/Dinah Shore Landscaping 197,220 400-a645-433.40-01 127,019 127,019 I-10/Monterey Ave Landscaping 100,350 400-4646-433.40-01 81,849 81,849 9,662,824 9,381,672 CITY OF PALM DESERT Exhibit 3 CAPITAL IMPROVEMENT PROGRAM EXISTING PROJECTS IN FISCAL YEAR 2006-07 CONTINUED TO FY 2007-2008 PROJECT TITLE ESTIMATED ACCOUNT FY 2006-07 Amount to PROJECT NUMBERS to FY07-08 Carryover TOTALFOR •seeNore 2007-2OOS LIFE OF PROJECT Diainaae Facllities Fund 420 Cook-Gerald Ford Drainage 262,810 420-4542-433.40-01 CP Parks B Rec Facllities Fund 430 Satellite Yard Renovation 345,000 430-4340-433.40-01 324,720 324,720 CC Bocce BaIllCrts/Picnic 77,060 430-4612-454.40-01 77,000 77,000 CC Handball Courts 100,000 430-4635-454.40-01 100,000 100,000 Hiking Trail Continuing 430-4636-454.40-01 39,435 39,435 Civic Center Park Improvemenis Continuing 430-4668-454.40-Ot 314,574 310,574 CC Restrooms 325,�00 430-4674-454.40-01 325,000 325,000 1,180,729 1,176,729 Art In Pu61ic Places Fund 436 AIPP Projects Continuing 436-4650-454.40-01 391,000 391,000 CP Sianalization Fund 440 Traffic Signal Coordination 250,000 440-4594-422.40-01 191,686 191,686 Trust Fund Homme/Adams Park 600,000 880-0000-239.91-00 267,250 267,250 RDA Proiect Area#1 Fund 850 Neighborhood Undergrounding 4,500,000 850-4256-464.40-01 970,000 970,000 Alessandro Alleyway 5,520,462 850-4341-433.40-01 4,697,399 4,696,607 Entrada Del Paseo Continuing 850-4358-433.40-01 555,630 491,504 Portola Bridge Widening 6,000,000 850-4359-433.40-01 3,835,811 1,822,027 Fred Waring Widening Continuing 850-438a-433.40-01 668,385 668,385 Catalina Recreation Facility 1,309,000 850-4433-433.40-01 80,450 82,985 PresidenYs Plaza 1,200,000 850-4436-422.40-01 '1,200,000 1,200,000 EI Paseo Image Extension 1,650,000 850-4679-a64.40-01 1,650,000 1,650,000 13,657,675 11,581,508 RDA Proiect A�ea#2 Fund 851 Monterey @ I-10 2,DOQ,0�0 851-4389-433.40-01 2,000,000 217,307 No.Sphere Infrostructure 2,097,364 851-4619-433.40-01 1,323,189 1,323,189 DW Parking-For Condition of Approval/Lakes Continuing 851-4663-454.40-01 751,085 759,060 Freedom Park 2,827,425 851-4670-454.40-01 238,911 238,911 4,313,185 2,538,467 RDA Proiect Area#3 Fund 853 Cook Street Improvements 3,000,000 853-4385-433.40-01 3,000,000 3,000,000 Falcon/Hovley Perimeter La�dscapi�g 250,000 853-4388-433.40-01 250,000 250,000 3,250,000 3,250,000 RDA Project Area#4 Fund 854 Underground Neighborhood 9,000,000 854-4256-464.40-01 9,000,000 9,000,000 Fred Waring Street Improvements Continuing 854-4384-433.40-01 3,717,022 2,488,784 Casey's Restaurent Continuing 854-4495-499.40-10 151,420 181,420 Freedom Park 8,542,000 854-4670-454.40-01 266,369 258,518 CITY OF PALM DESERT Exhibit 3 CAPITAL IMPROVEMENT PROGRAM EXISTING PROJECTS IN FISCAL YEAR 2006-07 CONTINUED TO FY 2007-2008 PROJECT TITLE ESTIMATED ACCOUNT FY 2006-0T Amount to PROJECT NUMBERS to FY07-08 Carryover TOTALFOR •seeNOre 2007-2OOH LIFE OF PROJECT 13,134,811 11,928,722 RDA SR Nouslna Fund 870 Palm Village Apts Construction Continuing 870-4349-433.40-01 - Workiorce Housing Gront 93.209 870-4490-464.30-90 34,654 34,654 Acqn/Rehab/Resale Continuing 870-4492-464.40-01 142,767 142,767 Home Improvement Program Continuing 870-4493-464.40-01 640,754 647,054 New Home Buyer Subsidy(Falcon Crest) Continuing 870-4494-464.40-Oi 202,181 84,441 Apartment Complex Rehab(Country Village) 4,000.000 870-4498-464.40-Ot 4,000,000 4,000,000 Falcon CresULa Rocca Villas Construction Continuing 870-4698-464.40-01 6,956,215 8,962,826 11,976,571 13,871,742 RDA Palm Desert Housinq Auth Fund 871 Laguna Palms Rehabilitation Continuing 871-8610-466.40-01 1,189,647 480,076 One Quaii Place(Signage) Continuing 871-8660-466.40-01 12,016 16,093 Califomia Villas Rehabilitatio� Continuing 871-8680-466.40-Ot 5,116,318 4,985,955 Candlewood Apts(Health&Safety Repa(rs) Continuing 871-8693-466.40-50 136,546 200,000 6,454,527 5,682,124 TOTAL EXISTING PROJECTS 9�,637,115 $6,476,877 ' NOTE: APPROPRIATIONS ANO/OR ENCUMBRANCES FOR REBUDGET/CARRYOVER FROM FISCAL YEAR 2006-07 TO 2007-08 " NOTE:DUE TO TIMING OF EVENTS,NO CONTRACT HAS BEEN OBTAIN,HOWEVER,FUNDS NEED TO BE CARRIED OVER TO PREVENT SHORTING IN COMING FISCAL YEAR. Confinuing approp�iations are amounts which have been appropriated in FY 2006-07 and are not expected to be expended by June 30.2007. These/unds are primarily�or capital budgets and specific p�ogiams that overlap fiscal years. When authorized. confinuing appropriation amounts are added to fbe new frscal year budget amounfs in adei to tiack a��approved spending. The exact amounf ol appropriations/or carryover in each fund indicaled will be deteimined at the end o/the fiscal year during the pieparation of financia/sfatements. 7his amount will include: 1)purchase orders and conhacts encumbered totals and 2)unencumbered ba/ances as o/June 30,2007/or appropriations approved try the City Counci!through the last meeting in June.2007 AMOUNT ARE SUBJECT TO CHANGE DUE TO PROJECTS THAT THE COUNCIL APPROVES PRIOR TO JUNE 30,2007 Note:Above amounts are as of June 15,2007 LEGAL NOTICE CITY OF PAI,M DESERT PUBLIC HEARING RELATIVE TO ANNUAL REPORT OF DEVELOPER IMPACT FEE NOTICE IS HEREBY GIVEN that a Public Hearing will be held before the Palm Desert City Council to consider filing a report and resolution on developer impact fees as of June 30, 2007. SAID PUBLIC HEARING will be held on Thursday, October 25, 2007, 4:00 p.m. in the Council Chamber of the Palm Desert Civic Center, 73-510 Fred Waring Drive, Palm Desert. All citizens are invited to present oral or written comments relative to the proposed impact fee report. Any citizen unable to attend may submit written comments to the City Clerk prior to the Public Hearing. Copies of the report may be reviewed at the Civic Center, Monday through Friday between thc hours of 8:00 a.m. and 5:00 p.m. RACHELLE KLASSEN, CITY CLERK CITY OF PALM DESERT, CALIFORNIA October 1, 2007