HomeMy WebLinkAboutItem 5d. FY 2022-23 AB 1600 Development Impact Fee Annual Report Item 5d
Department: 4
Cost Center: 2001
For Agenda of: 1/23/2024
Placement: Consent
Estimated Time: N/A
FROM: Whitney McDonald, Assistant City Manager
Prepared By: Brent Taylor, Financial Analyst – Infrastructure Finance
SUBJECT: FISCAL YEAR 2022-23 AB1600 DEVELOPMENT IMPACT FEE ANNUAL
REPORT
RECOMMENDATION
1. Review and approve the Fiscal Year 2022-23 Assembly Bill 1600 (AB 1600)
Development Impact Fee Annual Report; and
2. Adopt a Draft Resolution entitled, "A Resolution of the City Council of the City of San
Luis Obispo, California, accepting the 2022-23 Annual Report on Development Impact
Fees and make findings related to impact fees held longer than five years.”
(Attachment A)
REPORT-IN-BRIEF
The City of San Luis Obispo (City) has an adopted development impact fee program that
is subject to AB 1600 (the Mitigation Fee Act, Gov. Code § 66000 et seq.) and its annual
disclosure and reporting requirements.
The Annual Report (Attachment B) is developed to satisfy the requirements of AB1600
by providing to the public:
1. A description of each type of fee.
2. The amount of the fee.
3. The beginning and ending balance of the fund.
4. The amount of the fees collected during the year, and the interest earned.
5. An identification of each public improvement on which fees were expended and
the amount of the expenditure, including the total percentage of the cost that was
funded by fees.
6. An identification of an approximate date which the construction of public
improvements will begin if sufficient funds have been collected.
7. A description of each interfund transfer or loan made from the fund and the public
improvement on which the transferred or loaned fees will be expended.
8. The amount of refunds made, if any, due to the fees collected and held more than
five years.
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In addition, an accompanying analysis within the Annual Report, the Five -Year Revenue
Analysis, has been prepared that reflects, for each fee type, the aging of the balance held
by the City to determine any funds collected and held more than five years that are subject
to required findings. If adequate findings cannot be made, the fees collected and held
more than five years may be subject to refund per Government Code section 66001(d)(1).
To satisfy the requirements listed above, the Annual Report of Development Impact Fees
provides a description of the fee, a breakdown of the fee balances, revenues,
expenditures, a description of interfund loans and the Five-Year Revenue Analysis as of
June 30, 2023, based on the City's unaudited financial reports for FY 2022 -23 and the
audited financial reports for FY 2018-19, FY 2019-20, FY 2020-21, and FY 2021-22.
As required by Gov. Code 66006, the City must identify each public improvement on
which fees were spent during the year, the amount spent the percentage of the cost
funded by fees, when construction will begin, and the amount of the fees charged. To
satisfy these requirements, the Development Impact Fee Expenditure Report is provided
as Exhibit A to reflect the projects that the impact fees were expended on in Fiscal Year
2022-23 and provides accounting details necessary to support the findings required by
AB 1600. Exhibit B provides copy of the City’s Impact Fee Schedule, indicating the
current fee amounts which were applicable to development projects for Fiscal Year 2022 -
23.
The City has also included in this report details on three funds, Quimby Fund, Open Space
Protection Fund, and Inclusionary Housing Fund that are not subject to AB1600 Annual
Report requirements. These funds are considered In-Lieu Fees and are included at the
prior request of Council for transparency and public engagement.
POLICY CONTEXT
AB 1600 requires agencies that have an adopted impact fee program to annually disclose
the collection and use of the funds for the program and make appropriate findings as to
the necessity of the impact fees and related project allocations.
DISCUSSION
Background
The City’s Municipal Code Chapter 4.56 defines the City’s Development Impact Fee
Program, which was last updated by Ordinance 1663. Below is a summary of the Fees
included in the City’s Impact Fee Program as of June 30, 2023.
Citywide Parkland Development Impact Fee
The Citywide Parkland Development Impact Fee was established in 2018 as part of the
Capital Facilities Development Impact Fee Nexus Study and adopted by Resolution No.
10879 to sustain current levels of park service to new development within the City. This
impact fee is intended to be used on acquisition of parkland for a ccess and use by the
entire city. Starting the fiscal year 2020-21, a reorganization of the impact fees funds was
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approved to facilitate the accounting, controlling, and reporting of development impact
fees. Fund 510 was created to separate the accounting of citywide park development
impact fees from Quimby In-Lieu fees, Fund 501. Transfers of $317,753.15 from the
Parkland In-Lieu Quimby Fee Fund have been attributed to fiscal year 2019-20 as a prior
period adjustment.
Fund Balance: $407,532.56
Citywide Park Improvement Impact Fee
The Citywide Park Improvement Impact Fee was established in 2018 as part of the Capital
Facilities Development Impact Fee Nexus Study and adopted by Resolution No. 10879
to sustain current levels of park service to new developm ent within the City. This impact
fee is intended to be used on the improvement of existing and newly acquired parkland
intended for access and use by the entire city. Starting the fiscal year 2020-21, a
reorganization of the impact fee funds was approved to facilitate the accounting,
controlling, and reporting of development impact fees. Fund 519 was created to separate
the accounting of citywide park improvement impact fees from Quimby In-Lieu fees, Fund
501. Transfers of $320,032.52 from the Parkland In-Lieu Quimby Fee Fund have been
attributed to fiscal year 2019-20 as a prior period adjustment.
Fund Balance: $1,338,915.03
Orcutt Area Park Impact Fee
The Orcutt Area Specific Plan Parks Impact Fee was established in 2010 by Resolution
No. 10222 for the acquisition and improvement of community parks and existing park
facilities specifically within the boundaries of the Orcutt Area Specific Plan. Specifically,
Chapter 8 of the Public Facilities Financing Plan for the Orcutt Area Specific Plan provides
a detailed description of the park improvements needed to serve new development in this
area. In addition, these fees may be used to reimburse the City for funds advanced from
other sources to pay for design and construction or to reimburse developers who have
been required or permitted to install portions of facilities and improvements more than
their fair share. Starting the fiscal year 2020-21, a reorganization of the impact fees funds
was approved to facilitate the accounting, controlling, and reporting of development
impact fees. Fund 511 was created to separate the accounting of Orcutt Area Specific
Plan Parks Impact Fees from Quimby In-Lieu fees, Fund 501. Transfers of $1,355,409.52
from the Parkland In-Lieu Quimby Fee Fund have been attributed to fiscal years 2018-19
and 2019-20 as prior period adjustments.
The Orcutt Area Public Facilities Financing Plan (PFFP) was originally prepared
September 2009, updated November 2016, December 2017, and most recently October
2018 to update costs reflecting current construction estimates and to revise the scope of
certain capital improvement projects within the PFFP.
Fund Balance: $2,323,855.42
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Margarita Area Park Impact Fee
Margarita Area Specific Plan Parks Impact Fee – Fund 512
The Margarita Area Specific Plan Parks Impact fee was established in 2005 and adopted
by Resolution No. 9643 for park design and construction, including construction
management, of improvements set forth in Chapter 9 of the Margarita Area Specific Plan
Public Facilities Financing Plan. Funds may also be used to reimburse the City for funds
advanced from other sources to pay for design and construction or may be used to
reimburse developers who have been required to construct park facilities and
improvements beyond their fair share. While the fee has been discontinued, the fund is
still active to properly account for the fees that were collected in the past and that must
be used specifically on parks in the Margarita Area Specific Plan. Starting the fiscal year
2020-21, a reorganization of the impact fee funds was approved to facilitate the
accounting, controlling, and reporting of development impact fees. Fund 512 was created
to separate the accounting of Margarita Area Park Impact Fees from Quimby in -lieu fees,
Fund 501. Transfers of $1,313,184.10 from the Parkland In-Lieu Quimby Fee Fund have
been attributed to fiscal years prior to 2018-2019 as a prior period adjustment.
Fund Balance: $1,688,634.64
NOTE: As of June 30, 2023, there is $2,817,860.181 in revenue collected that has
been held more than five years. These funds are intended to be used for pre -
construction activities (design, planning, permitting, etc.) and overall construction
costs to develop an 18.35-acre community park within the boundaries of the Margarita
Area Specific Plan which will be for use by residents in the Margarita Area Specific
Plan neighborhoods as well as the entire San Luis Obispo community.
The Margarita Area Specific Plan, established in 2005, specifically identifie s the need
for a park in the area and Chapter 9 of the Margarita Area Specific Plan identifies the
impact fees as a source of funding for the required park. The use of these funds for
a park in the Margarita Area is in conformance with the Margarita Area Specific Plan
and the Parks & Recreation Blueprint for the Future: 2021 -2041 (General Plan
Element) and allows the City to meet the need for a community park that includes
sport/athletic fields, sport courts, playground amenities, public art, and social
gathering area(s). The Margarita Area Specific Plan was amended in 2012 to adjust
the equitable sharing of the cost of the purchase and construction of the 9.9-acre
Damon-Garcia Sports Fields, which is satisfying a portion of the park needs in the
Margarita Area.
Construction of this Park requires funding for both the land and the improvements. A
developer previously dedicated 9.9 acres of the required parkland, which has since
been developed as the Damon-Garcia sports fields and is currently in use as
referenced above. The City is to dedicate the remaining 8.45 acres. Original planned
1 $1,504,676.08 is in form of loan receivable attributed to FY 2018-19 in relation to an outstanding interfund
loan.
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park improvements were originally contemplated to be solely funded by MASP Park
Impact Fees at an estimated cost of $2,323,500. However, due to increases in
estimated project costs and the retirement of the MASP Park Impact Fee, the City is
currently working to identify additional sources and amounts of funding to cover the
increased cost of this project. It is intended that the remaining balance (inclusive of
interfund loan receivable) in the MASP Park Impact Fee fund of $3,193,310 will be
used in the acquisition and development of the remaining required park. In addition,
the City anticipates using additional funding from Citywide Park Improvement Impact
Fees and Quimby In-Lieu fees as well as General Fund sources (LRM Measure G)
and/or future grants to fund the remainder of the costs of this project. Timing for
commencement of construction and completion of this project is dependent upon
future development of property within the Margarita Area Specific Plan, as well as
accumulation of sufficient funding sources.
The chart below reflects the overall funding sources and amount anticipated to cover
the costs of the future park project in the Margarita Area.
Citywide Transportation Impact Fee
The Citywide Transportation Impact Fee program was established in 2018 as part of the
Capital Facilities Development Impact Fee Nexus Study and adopted by Resolution No.
10879 to help maintain adequate levels of transportation ser vice in the City by mitigating
the impacts that new development will have on the City’s transportation system. Fee
revenue will be used to fund transportation improvements such as interchanges,
intersections, street widening and extensions, pedestrian and bicycle improvements,
transit improvements and reimbursements to developers for improvements they
constructed which exceed their fair share.
Fund Balance: $4,426,570.88
Airport Area Transportation Impact Fee
The Airport Area Transportation Impact Fee was established in 2005 by Resolution No.
9727 for the expansion of transportation facilities in the Airport Area Specific Plan. The
fees are intended to be used on Tank Farm Road Median Improvements, Unocal Local
Road, Santa Fe Extension, Buckley Extension, and Bike Paths in the Airport Area. In
addition, these funds can be used to Reimburse City for funds advanced from other
sources or to reimburse developers who have been required to construct improvements
beyond their fair share. In 2018, the City Council adopted Resolution No. 10879 that
consolidated this fee program into the Citywide Transportation Impact Fee Program.
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While the fee has been discontinued, the fund is still active to properly account for the
fees that were collected that must be used on transportation projects in the Airport Area
Specific Plan.
Fund Balance: $672,234.94
NOTE: As of June 30, 2023, there is $60 8,016.68 in revenue collected which has
been held more than five years. The fund balance is to be used for pre -construction
activities (design, planning, permitting, etc.) for two transportation improvement
projects programmed in the AASP TIF program: Tank Farm Road Widening (includes
the Tank Farm/Santa Fe Roundabout) and Santa Fe Road Extension. Specifically,
these funds will be used to reimburse the developer of the 600 Tank Farm
development for eligible costs related to these transportation improvements .
As required conditions of approval, the 600 Tank Farm developer is required to design
and construct portions of the Tank Farm Road Widening and Santa Fe Road
Extension improvements prior to this development. As documented in detail in the
AASP and related EIR, the Tank Farm Widening and Santa Fe Road Extension
projects represent transportation infrastructure that is needed to mitigate the impacts
of new development within the city, particularly within the AASP boundaries. The
initial proportionality and nexus to new development is described in further detail in
the AASP (Chapter 8, Public Facilities Financing Plan).
Below is list of Projects in which these funds will be used and the anticipated amount
of funding from all sources needed to complete the financing of these projects.
The Tank Farm Road Widening and Santa Fe Road Extension projects are large,
complex transportation improvements that are anticipated to be constructed in
phases over several years as incremental development occurs. F or the Tank Farm
Road Widening Project, funding for component of project including Tank Farm
Road/Santa Fe Roundabout expected by 2025. Funding for remaining project
components anticipated within 10 years (by 2033). For the Santa Fe Road Extension
(North) Project, funding for component of project to be constructed by 600 Tank Farm
development (approximately 40% of planned road extension) expected by 2025.
Funding for remaining project components anticipated within 10 years (by 2033). For
the Santa Fe Road Extension (South) funding anticipated within 10 years (by 2033).
The portions of these projects to be implemented by the 600 Tank Farm development
are anticipated to constructed in 2025. The direct developer contribution and local
funds related to these improvements are fully funded. The portion of these project
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costs from development impact fees are partially funded, with $608,016 to be applied
from existing AASP TIF fund balance, and the remainder to be reimbursed to the
developer from future transportation impact fee revenues—both from the 600 Tank
Farm development itself and from revenues received from other developments
benefitting from these improvements.
Los Osos Valley Road Transportation Impact Fee
The Los Osos Valley Road Transportation Impact Fee was established as an add-on fee
in 2018 as part of the Capital Facilities Development Impact Fee Nexus Study and
adopted by Resolution No. 10879 for the expansion of capacity for the Los Osos Valley
Road (LOVR) interchange at US 101 for construction, project management, and
inspection. Though the project has been completed, there are still minor projects that the
City will need to implement at this location. The fee program was revised in 2019 to reflect
the completion of the interchange construction work and the remaining projects. The City
has a Reimbursement Agreement with Costco Wholesale Corporation for improvements
constructed by Costco at the LOVR interchange and is still an ongoing obligation of this
fund.
Fund Balance: $416,719.77
San Luis Ranch Transportation Impact Fee
The San Luis Ranch Transportation Impact Fee was established in 2018 as part of the
Capital Facilities Development Impact Fee Nexus Study and adopted by Resolution No.
10879. This fee applies to development within San Luis Ranch only and represents the
Citywide Transportation Impact Fee with appropriate adjustments to exclude costs related
to the US 101/Prado Road Interchange project. The Development Agreement between
City and San Luis Ranch was approved and adopted by Council in 2018 and requires the
San Luis Ranch development to provide a direct contribution towards 28% of the costs of
the Highway 101/ Prado Road Interchange improvements plus related bond financing.
Because the developer is paying this obligation directly, an adjusted Citywide
Transportation Impact Fee—the San Luis Ranch Transportation Impact Fee— was
created to ensure that development within San Luis Ranch does not overpay towards the
Prado Road Interchange project.
Fund Balance: $1,289,408.48
Orcutt Area Transportation Impact Fee
The Orcutt Area Transportation Impact Fee was established in 2010 by Resolution No.
10222 for the expansion of transportation facilities in and around the Orcutt Area Specific
Plan. Specifically, Chapter 8 of the Public Facilities Financing Plan for the Orcutt Area
Specific Plan provides a detailed description of the park improvements needed to serve
this area and the projects in which these fees should be spent. In addition, these fees
may be used to reimburse the City for funds advanced from other sources to pay for
design and construction or to reimburse developers who have been required or permitted
to install portions of facilities and improvements more than their fair share. This fund was
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created in FY 2020-21 with the reorganization of the chart of accounts to separately
account for Orcutt Area Transportation Impact Fees from other transportation impact fees.
The fee was created as a financing strategy to fund the burden of public facilities that
must be carried by development in the Orcutt Area Specific Plan.
The OASP Public Facilities Financing Plan (PFFP) was originally prepared September
2009, updated November 2016, December 2017, and most recently October 2018, to
update costs reflecting current construction estimates and to revise the scope of certain
capital improvement projects within the PFFP.
Fund Balance: $1,408,677.24
Wastewater Impact Fee
The Wastewater Impact Fee was established in 2018 by Resolution No. 10880 as part of
the 2017 Water and Wastewater Capacity and Connection Fee Study. Fees are to be
used for the expansion and improvement of facilities used for sewer collection and sewer
treatment. Specifically, the facilities and improvements to be paid for by these fees is
listed in the 2017 Water and Wastewater Capacity and Connection Fee Study. The
Wastewater Impact Fee Fund 506 is used to separately collect and account for impact
fees and is treated as a pass-through to the Sewer Fund 602.
Fund Balance: $(1,875,888.17)
NOTE: The Wastewater Impact Fee Fund is currently carrying a negative fund
balance of $(1,875,888). Projects in the Utilities Department often precede the
administration of corresponding fees because these projects often need to be
delivered before developments can occur. For example, the addition of a lift station
to collect and deliver wastewater to the Water Resource Recovery Facility (WRRF)
is necessary before development occurs and fees are collected. Additionally, cost
escalation on projects have resulted in higher eligible expenses than originally
used in the calculation of the impact fee. The Wastewater Impact Fee Fund is
carrying a negative balance because of project schedules relative to impact fee
collection and general escalation in projects costs.
Water Impact Fee
The Water Impact Fee was established in 2018 by Resolution No. 10880 as part of the
2017 Water and Wastewater Capacity and Connection Fee Study for the expansion and
improvement of facilities used for water supply, water treatment, and water dis tribution
necessary to serve new development. Specifically, the facilities and improvements to be
paid for by these fees is listed in the 2017 Water and Wastewater Capacity and
Connection Fee Study. The Wastewater Impact Fee Fund 506 is used to separatel y
collect and account for impact fees and is treated as a pass-through to the Sewer Fund
602. The Water Impact Fee Fund 509 is used to separately collect and account for impact
fees collected and is treated as a pass-through to the Water Fund 601.
Fund Balance: $6,458,173.87
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Fire Impact Fee
The Fire Impact Fee was established in 2018 as part of the Capital Facilities Development
Impact Fee Nexus Study and adopted by Resolution No. 10879 to help ensure there are
sufficient fire facilities, equipment, and vehicles to serve new development. Fees
collected will be used to help renovate Fire Stations 1 -4, to construct Fire Station 5, and
to replace fire vehicles and equipment, all of which is needed to serve new development
through General Plan buildout.
Fund Balance: $136,331.01
Police Impact Fee
The Police Impact Fee was established in 2018 as part of the Capital Facilities
Development Impact Fee Nexus Study and adopted by Resolution No. 10879 to help
ensure there are sufficient police facilities and vehicles to serve new development. Fees
collected will be used to help construct a new police headquarters and purchase vehicles
to maintain the existing ratio of police vehicles to serve new development.
Fund Balance: $180,227.21
In-Lieu Fees Included in Report
The three In-Lieu Fees listed below are included in this report even though they are not
considered an impact fee as defined by AB1600. The funds are included for transparency
of transferred funds, loans receivables related to affordable housing, and public
engagement. Inclusion of these fees has been previously requested by City Council.
Parkland ln-Lieu Quimby Fee
The Parkland In-Lieu Fee was established in 1994 per the AB 1191 Act, also known as
the Quimby Act, and applies to new single-family and multifamily condominium
developments. Developers are required to either dedicate land for parks or pay an in-lieu
fee as a condition of approval of a tentative or parcel subdivision map. The land, fees, or
combination thereof are to be used only for the purpose of developing new or
rehabilitating existing neighborhood park, community park or recreational facilities to
serve the subdivision in which the fees were collected. Under the Quimby Act, the base
standard for parks is 3.0 acres per 1,000 residents and cannot be any higher than 5.0
acres per 1,000 residents. The Parkland In-Lieu fee has been established for the City
with a standard of 4.18 acres per 1,000 residents. At the discretion of the City Council,
even though this fee is not an impact fee as defined by AB1600, the f und is included in
this report for transparency and public engagement.
Fund Balance: $2,489,142.64
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Open Space Protection In-Lieu Fee
The Open Space Protection In-Lieu Fee was established in 2005 by Resolution #9728 to
address the need to acquire new open space lands, specifically in the Airport Area Specific
Plan commensurate with similar land lost to development projects. While the fee has been
discontinued FY 2018-19, the fund is still active to properly account for the fees that were
collected in the past and that must be used specifically on open space protection projects
within the Airport Area Specific Plan. The fund is also utilized to capture funds related to Grants
and other Miscellaneous Revenue related to Open Space. The city expects to utilize the
remaining funds for open space transactions during FY 2023-24. At the discretion of the City
Council, even though this fee is not an impact fee as defined by AB1600, the fund is included
in this report for transparency and public engagement.
Fund Balance: $13,097.39
Affordable Housing Inclusionary In-Lieu Fee
The Affordable Housing Inclusionary Fee is governed by the City’s Inclusionary Housing
Ordinance (Ordinance No. 1346) established in 1999 to provide funding for the provision
of affordable housing and for reasonable costs associated with the development of
affordable housing. Developers either pay a fee or must construct affordable units to
meet their inclusionary housing requirements. At the discretion of the City Council, even
though this fee is not an impact fee as defined by AB1600, the fund is includ ed in this
report for transparency and public engagement.
Fund Balance: $1,714,841.80
Previous Council or Advisory Body Action
City Staff is responsible for preparing the annual report and making recommendations on
any required findings. The Annual Report is presented as a Consent Item at a City
Council meeting in which City Council reviews to accept or reject recommended findings
contained in the annual report. The annual report and necessary findings have been filed
in compliance with the Mitigation Fee Act since the adoption and implementation of
development Impact Fee program at the City of San Luis Obispo.
Public Engagement
A draft report was posted on the City’s website on December 21, 2023, and has since
been updated and replaced due to substantive, but non -material changes to the report.
The updated report is posted and provided to council with the agenda package. The
notice of availability was posted on December 21, 2023, at 5:00 p.m. on the City’s bulletin
board, located in front of City Hall, published in The New Times newspaper, and on the
City’s website www.slocity.org.
CONCURRENCE
The City’s Attorney’s Office and the Finance, Public Works, Community Development,
Parks and Recreation, Utilities Departments concur with the information contained within
this report.
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ENVIRONMENTAL REVIEW
The California Environmental Quality Act does not apply to the recommended action in
this report, because the action does not constitute a "Pr oject" under CEQA Guidelines
Sec. 15378.
FISCAL IMPACT
Budgeted: No Budget Year: N/A
Funding Identified: No
Fiscal Analysis:
Funding
Sources
Total Budget
Available
Current
Funding
Request
Remaining
Balance
Annual
Ongoing
Cost
General Fund $N/A $ $ $
State $ $ $ $
Federal $ $ $ $
Fees $ $ $ $
Other: $ $ $ $
Total $N/A $ $ $
The action before the City Council does not have a fiscal impact. AB 1600 reports on the
City's impact fee collection, the use of the fees, and the status of projects for which the
fee has been collected. Therefore, the report summarizes the fiscal impact of the fees in
advancing important infrastructure projects for the City.
ALTERNATIVES
Do not approve the Fiscal Year 2022-23 AB 1600 Development Impact Fee Annual
Report and associated Resolution to make findings. This alternative is not
recommended as it would require refunding of certain impact fees collected and held
more than five years under the program and would present a monetary shortfall for the
park to be constructed in the Margarita Area Specific Plan and for the Prado Interchange
Project.
ATTACHMENTS
A - Draft Resolution adopting the Fiscal Year 2022-23 AB 1600 Development Impact Fee
Annual Report
B - Fiscal Year 2022-23 AB 1600 Development Impact Fee Annual Report
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RESOLUTION NO. ________ (2024 SERIES)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS
OBISPO, CALIFORNIA, ACCEPTING THE 2022-23 ANNUAL REPORT
ON DEVELOPMENT IMPACT FEES AND MAKING FINDINGS RELATED
TO IMPACT FEES HELD LONGER THAN FIVE YEARS
WHEREAS, the City of San Luis Obispo (“City”) has an established Development
Impact Fee program and collects applicable impact fees pursuant to Municipal Code 4.56;
and
WHEREAS, the documents reflecting the balance in each development impact fee
fund or account, accrued interest in said fund or account, and the amount of expenditure
by public facility for the fiscal year have been made available for public review as required
by California Government Code section 66006; and
WHEREAS, the City is required to make certain findings every five years with
respect to the unexpended fund balance of certain development impact fee funds
pursuant to California Government Code section 66001; and
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis
Obispo as follows:
SECTION 1. Recitals. All the above recitals are true and correct and are
incorporated herein by this reference.
SECTION 2. Acceptance. The 2022-23 Annual Report on Development Impact
Fees is hereby accepted.
SECTION 3. Findings. The following findings are made as required under
Government Code section 66001 for the impact fees collected and held more than five
years:
a) For the Margarita Area Specific Plan Park Impact Fee Fund, as of June 30,
2023, there is $2,817,860.181 in revenue collected that has been held more than
five years. These funds are intended to be used for pre -construction activities
(design, planning, permitting, etc.) and overall construction costs to develop an
18.35-acre community park within the boundaries of the Margarita Area Specific
Plan which will be for use by residents in the Margarita Area Specific Plan
neighborhoods as well as the entire San Luis Obispo community.
1 $1,504,676.08 is in form of loan receivable attributed to FY 2018-19 in relation to an outstanding interfund
loan.
Page 71 of 668
Resolution No. _____ (2024 Series) Page 2
R ______
The Margarita Area Specific Plan, established in 2005, specifically identifies the
need for a park in the area and Chapter 9 of the Margarita Area Specific Plan
identifies the impact fees as a source of funding for the required park. The use of
these funds for a park in the Margarita Area is in conformance with the Marga rita
Area Specific Plan and the Parks & Recreation Blueprint for the Future: 2021-2041
(General Plan Element) and allows the City to meet the need for a community park
that includes sport/athletic fields, sport courts, playground amenities, public art,
and social gathering area(s). The Margarita Area Specific Plan was amended in
2012 to adjust the equitable sharing of the cost of the purchase and construction
of the 9.9-acre Damon-Garcia Sports Fields, which is satisfying a portion of the
park needs in the Margarita Area.
Construction of this Park requires funding for both the land and the improvements.
A developer previously dedicated 9.9 acres of the required parkland, which has
since been developed as the Damon-Garcia sports fields and is currently in use as
referenced above. The City is to dedicate the remaining 8.45 acres. Original
planned park improvements were originally contemplated to be solely funded by
MASP Park Impact Fees at an estimated cost of $2,323,500. However, due to
increases in estimated project costs and the retirement of the MASP Park Impact
Fee, the City is currently working to identify additional sources and amounts of
funding to cover the increased cost of this project. It is intended that the remaining
balance (inclusive of interfund loan receivable) in the MASP Park Impact Fee fund
of $3,193,310 will be used in the acquisition and development of the remaining
required park. In addition, the City anticipates using additional funding from
Citywide Park Improvement Impact Fees and Quimby In-Lieu fees as well as
General Fund sources (LRM Measure G) and/or future grants to fund the
remainder of the costs of this project. Timing for commencement of construction
and completion of this project is dependent upon future development of property
within the Margarita Area Specific Plan, as well as accumulation of sufficient
funding sources.
The chart below reflects the overall funding sources and amount anticipated to
cover the costs of the future park project in the Margarita Area.
Page 72 of 668
Resolution No. _____ (2024 Series) Page 3
R ______
b) For the Airport Area Transportation Impact Fee Fund, as of June 30, 2023,
there is $608,016.68 in revenue collected which has been held more than five
years. The fund balance is to be used for pre-construction activities (design,
planning, permitting, etc.) for two transportation improvement projects
programmed in the AASP TIF program: Tank Farm Road Widening (includes the
Tank Farm/Santa Fe Roundabout) and Santa Fe Road Extension. Specifically,
these funds will be used to reimburse the developer of the 600 Tank Farm
development for eligible costs related to these transportation improvements.
As required conditions of approval, the 600 Tank Farm developer is required to
design and construct portions of the Tank Farm Road Widening and Santa Fe Road
Extension improvements prior to this development. As documented in detail in the
AASP and related EIR, the Tank Farm Widening and Santa Fe Road Extension
projects represent transportation infrastructure that is needed to mitigate the
impacts of new development within the city, particularly within the AASP
boundaries. The initial proportionality and nexus to new development is described
in further detail in the AASP (Chapter 8, Public Facilities Financing Plan).
Below is list of Projects in which these funds will be used and the anticipated
amount of funding from all sources needed to complete the financing of these
projects.
The Tank Farm Road Widening and Santa Fe Road Extension projects are large,
complex transportation improvements that are anticipated to be constructed in
phases over several years as incremental development occurs. For the Tank
Farm Road Widening Project, funding for component of project including Tank
Farm Road/Santa Fe Roundabout expected by 2025. Funding for remaining
project components anticipated within 10 years (by 2033). For the Santa Fe Road
Extension (North) Project, funding for component of project to be constructed by
600 Tank Farm development (approximately 40% of planned road extension)
expected by 2025. Funding for remaining project components anticipated within
10 years (by 2033). For the Santa Fe Road Extension (South) funding anticipated
within 10 years (by 2033).
Page 73 of 668
Resolution No. _____ (2024 Series) Page 4
R ______
The portions of these projects to be implemented by the 600 Tank Farm
development are anticipated to constructed in 2025. The direct developer
contribution and local funds related to these improvements are fully funded. The
portion of these project costs from development impact fees are partially funded,
with $608,016 to be applied from existing AASP TIF fund balance, and the
remainder to be reimbursed to the developer from future transportation impact fee
revenues—both from the 600 Tank Farm development it self and from revenues
received from other developments benefitting from these improvements.
Upon motion of Council Member ___________, seconded by Council Member
___________, and on the following roll call vote:
AYES:
NOES:
ABSENT:
The foregoing resolution was adopted this _____ day of ___________ 2024.
___________________________
Mayor Erica A. Stewart
ATTEST:
______________________
Teresa Purrington
City Clerk
APPROVED AS TO FORM:
______________________
J. Christine Dietrick
City Attorney
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the
City of San Luis Obispo, California, on ______________________.
___________________________
Teresa Purrington
City Clerk
Page 74 of 668
1
FISCAL YEAR 2022-23
City of San Luis Obispo, California
AB 1600
DEVELOPMENT
IMPACT FEE
ANNUAL REPORT
Page 75 of 668
2
Table of Contents
City of San Luis Obispo – Development Impact Fee Program ____________________________Page 3
AB 1600 Annual Report Requirements _____________________________________________ Page 5
Parks and Recreation Funds
Citywide Parkland Development Impact Fee Fund _______________________________ Page 7
Citywide Parkland Improvement Impact Fee Fund _______________________________ Page 8
Orcutt Area Park Impact Fee Fund ___________________________________________ Page 9
Margarita Area Impact Fee Fund ___________________________________________ Page 11
Transportation Funds
Citywide Transportation Impact Fee Fund ____________________________________ Page 15
Airport Area Transportation Impact Fee Fund _________________________________ Page 17
Los Osos Valley Road Transportation Impact Fee Fund __________________________ Page 19
San Luis Ranch Transportation Impact Fee Fund _______________________________ Page 20
Orcutt Area Transportation Impact Fee Fund __________________________________ Page 21
Wastewater and Water Funds
Wastewater Impact Fee Fund ______________________________________________ Page 24
Water Impact Fee Fund ___________________________________________________ Page 26
Public Safety and Affordable Housing Funds
Fire Impact Fee Fund _____________________________________________________ Page 28
Police Impact Fee Fund ___________________________________________________ Page 29
In-Lieu Fee Funds
Parkland In-Lieu Fee Fund _________________________________________________ Page 31
Open Space Protection In-Lieu Fee Fund ______________________________________Page 32
Affordable Housing Inclusionary In-Lieu Fee Fund ______________________________ Page 33
Exhibit A – Development Impact Fee Expenditure Report _____________________________ Page 35
Exhibit B – Fiscal Year 2022-2023 Fee Schedule _____________________________________ Page 38
Page 76 of 668
3
City of San Luis Obispo – Development Impact Fee Program
Overview of Program
The City of San Luis Obispo has an adopted Development Impact Fee program as detailed in Municipal Code 4.56
and governed under AB 1600, also known as the Mitigation Fee Act, and codified in Government Code §§ 66000
et seq. The power to exact development impact fees on a development project arises from Cal. Const., Art. XI §
7 in which a city acts in the interest of its citizenry to enact and enforce ordinances and regulations that are not
in conflict with state law. Charter cities have an additional power to regulate by virtue of their plenary authority
with respect to municipal affairs (Cal. Const., Art. XI, § 5). City of San Luis Obispo Council has declared via
ordinance that the development impact fees collected are established for the purpose of protecting public health,
safety, general welfare, and implementing the policies of the general plan.
Every five to eight years the City of San Luis Obispo updates the Development Impact Fees with Nexus Study.
Last update to the Development Impact Fees was July 1, 2018, in which the Capital Facilities Development Impact
Fee Nexus Study and the Water and Wastewater Capacity and Connection Fee Program Study was completed
and resulted in the establishment, implementation, and its collection of Citywide and Add-on impact fees related
to Parks and Recreation, Transportation, Water, Wastewater, Police and Fire. For sub-area specific fees for the
Orcutt Area the fee has been established through the Public Facilities Financing Plans specific to the Orcutt Area
and was last updated in 2018. The city is currently in process of updating all Development Impact Fees, including
sub-areas which is anticipated to be implemented fiscal year 2025-2026.
AB 1600 – Mitigation Fee Act
The Mitigation Fee Act, AB 1600, sets forth the procedural requirements for establishing and collecting
development impact fees. These procedures require that a reasonable relationship, or nexus, must exist between
a governmental exaction and the purpose of the condition. AB 1600 applies to all local agencies in the state,
including all general law and charter cities, (Gov. Code § 66000(c)) however, AB 1600 does not apply to every fee
or exaction collected by a local agency. AB 1600 only applies when a local agency imposes a fee on an applicant
in connection with the approval of a development project to defray all or a portion of the cost of public facilities
related to the project (Gov. Code § 66001)“ "Public Facilities" are defined to include public improvements, public
services, and community amenities (Gov. Code § 66000(d)). The three key requirements of the Mitigation Fee
Act that determine the structure, scope and amounts of the Development Impact Fee Program are:
1) Development Impact Fee revenue must be collected and used to cover the cost of capital facilities
and infrastructure that are required to serve only new development and future growth in the city.
Fees cannot be used to cover cost of operation or maintenance of those facilities.
2) Development Impact Fee revenue can only be used to pay for new or expanded capital facilities
needed to accommodate growth. Fees cannot be used to cover the cost of existing deficiencies.
3) Development Impact Fees must be based on a reasonable nexus between new development and the
costs of capital facilities needed to accommodate the future growth.
Development Impact Fees
A development impact fee is a monetary exaction other than a tax, special assessment, or in-lieu fee that is
charged by a local governmental agency to an applicant in connection with the approval of a development project
to defray all or a portion of the cost of public facilities related to the development project (Gov. Code § 66000(b)).
Page 77 of 668
4
By its definition, an impact fee is voluntary and must be related to the cost of the service provided by the local
agency. If a development impact fee does not relate to the impact created by development or exceeds the
reasonable cost of providing the public service, then the fee may be declared a special tax and must then be
subject to two-thirds voter approval. (Cal. Const., Art. XIII A, § 4.)
Accounting Requirements for Development Impact Fees
Development Impact Fees collected by the City shall be deposited with the other fees for the improvement in a
separate capital facilities account or fund in a manner to avoid any commingling of the fees with other revenues
and funds. In addition, the City must expend those fees solely for the purpose for which the fee was collected.
Any interest income earned by moneys in the capital facilities account or fund shall be deposited in that account
or fund and shall be expended only for the purpose for which the fee was originally collected. (Gov. Code §
66006(a).)
Page 78 of 668
5
AB 1600 Annual Report Requirements
The Mitigation Fee Act requires that for each separate account or fund established, the City will within 180 days
after the last day of each fiscal year, make available to the public the following information for the prior 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 the account or fund.
4) The amount of the fees collected during the year, 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 if 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 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.
8) The amount of refunds made pursuant to item 5 and any allocations pursuant to item 6.
The information referred to in this report provides a breakdown of the individual fund balances on hand as of
June 30, 2023, based on unaudited financial information and is submitted to satisfy the annual report
requirements listed above. As required by the Mitigation Fee Act, this Annual Report of Development Impact
Fees is available for public inspection at least 15 days prior to the City Council’s public meeting. Notice was
posted in the kiosk outside City Hall, posted in The New Times Newspaper, and posted to City’s website on
December 21, 2023.
Five Year Revenue Analysis
AB1600 requires that each fee collected to mitigate a specific impact must be spent within five years of collection.
If the fee is held beyond this time frame due to specific circumstances or insufficient collection for the needed
improvements, the City must make specific findings to continue holding the fees. Otherwise, if the findings are
not made as required the fees are subject to refund. The requirements for the findings that must be made for
funds held more than five years are as follows:
1) Identify the purpose to which the fee is to be put.
2) Demonstrate a reasonable relationship between the fee and the purpose for which it is charged.
3) Identify all sources and amounts of funding anticipated to complete financing in incomplete
improvements identified.
4) Designate the approximate dates on which the funding referred to in item C is expected to be deposited
into the appropriate account or fund.
Page 79 of 668
6
Parks and Recreation Funds
Page 80 of 668
7
Citywide Parkland Development Impact Fee – Fund 510
The Citywide Parkland Development Impact Fee was established in 2018 as part of the Capital Facilities
Development Impact Fee Nexus Study and adopted by Resolution No. 10879 to sustain current levels of park
service to new development within the City. This impact fee is intended to be used on acquisition of parkland for
access and use by the entire city. Starting the fiscal year 20-21, a reorganization of the impact fees funds was
approved to facilitate the accounting, controlling, and reporting of development impact fees. Fund 510 was
created to separate the accounting of citywide park development impact fees from Quimby In-Lieu fees, Fund
501. Transfers of $317,753.15 from the Parkland In-Lieu Quimby Fee Fund have been attributed to fiscal year 19-
20 as a prior period adjustment.
As of June 30, 2023, the fund balance was $854,358.99, in which $446,826.43 is in the form of loans receivable for
deferred payment of impact fees related to affordable housing developments and reduces balance to $407,532.56.
There were no expenditures for FY 2022/ 2023. As of June 30, 2023, there are no funds collected which have been held
more than five years.
510 - Citywide Park Development Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year -$ -$ -$ 549,433.00$ 658,029.82$
Prior Period Adjustment (1)-$ -$ 317,753.15$ -$ -$
Fund Balance Beginning of Year After Adjustment -$ -$ 317,753.15$ 549,433.00$ 658,029.82$
Interest -$ -$ 87.97$ (13,137.64)$ 10,395.73$
Impact Fees -$ -$ 231,591.88$ 121,734.46$ 185,933.44$
Total Revenue -$ -$ 231,679.85$ 108,596.82$ 196,329.17$
Expenses -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ -$ -$ -$
Fund Balance End of Year -$ -$ 549,433.00$ 658,029.82$ 854,358.99$
Less Loans Receivable (2)-$ -$ -$ 446,826.43$ 446,826.43$
Net Fund Balance End of Year -$ -$ 549,433.00$ 211,203.39$ 407,532.56$
Fund Ending Balance (6/30/23)854,358.99$
Less: Revenues for last five years:
Revenues FY 18-19 -$
Revenues FY 19-20 317,753.15$
Revenues FY 20-21 231,679.85$
Revenues FY 21-22 108,596.82$
Revenues FY 22-23 196,329.17$
Total Revenues for last five years 854,358.99$
Funds Held in Excess of Five Years -$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
(1) Prior Period Adjustment related to transfer in from Fund 501 attributed to FY 2019/ 2020.
(2) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments Loans Receivables reduce the amount of
available funding for future spending.
Page 81 of 668
8
Citywide Park Improvement Impact Fee – Fund 519
The Citywide Park Improvement Impact Fee was established in 2018 as part of the Capital Facilities Development
Impact Fee Nexus Study and adopted by Resolution No. 10879 to sustain current levels of park service to new
development within the City. This impact fee is intended to be used on the improvement of existing and newly
acquired parkland intended for access and use by the entire city. Starting the fiscal year 20-21, a reorganization
of the impact fee funds was approved to facilitate the accounting, controlling, and reporting of development
impact fees. Fund 519 was created to separate the accounting of citywide park improvement impact fees from
Quimby In-Lieu fees, Fund 501. Transfers of $320,032.52 from the Parkland In-Lieu Quimby Fee Fund have been
attributed to fiscal year 19-20 as a prior period adjustment.
As of June 30, 2023, the fund balance was $1,421,721.92, in which $82,806.89 is in the form of loans receivable for
deferred payment of impact fees related to affordable housing developments and reduces balance to $1,338,915.03.
There were no expenditures for fiscal year 22-23. As of June 30, 2023, there are no funds collected which have been
held more than five years.
519 - Citywide Park Improvement Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year -$ -$ -$ 837,762.15$ 1,008,615.38$
Prior Period Adjustment (1)-$ -$ 320,032.52$ -$ -$
Fund Balance Beginning of Year After Adjustment -$ -$ 320,032.52$ 837,762.15$ 1,008,615.38$
Interest -$ -$ 108.72$ (20,015.16)$ 16,423.70$
Impact Fees -$ -$ 517,620.91$ 190,868.39$ 396,682.84$
Total Revenue -$ -$ 517,729.63$ 170,853.23$ 413,106.54$
Expenses -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ -$ -$ -$
Fund Balance End of Year -$ -$ 837,762.15$ 1,008,615.38$ 1,421,721.92$
Less Loans Receivable (2)-$ -$ -$ 82,806.89$ 82,806.89$
Net Fund Balance End of Year -$ -$ 837,762.15$ 925,808.49$ 1,338,915.03$
Fund Ending Balance (6/30/23)1,421,721.92$
Less: Revenues for last five years:
Revenues FY 18-19 -$
Revenues FY 19-20 320,032.52$
Revenues FY 20-21 517,729.63$
Revenues FY 21-22 170,853.23$
Revenues FY 22-23 413,106.54$
Total Revenues for last five years 1,421,721.92$
Funds Held in Excess of Five Years -$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
(1) Prior Period Adjustment related to transfer in from Fund 501 attributed to FY 2019/ 2020.
(2) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments Loans Receivables reduce the amount of
available funding for future spending.
Page 82 of 668
9
Orcutt Area Specific Plan Parks Impact Fee – Fund 511
The Orcutt Area Specific Plan Parks Impact Fee was established in 2010 by Resolution No. 10222 for the
acquisition and improvement of community parks and existing park facilities specifically within the boundaries of
the Orcutt Area Specific Plan. Specifically, Chapter 8 of the Public Facilities Financing Plan for the Orcutt Area
Specific Plan provides a detailed description of the park improvements needed to serve new development in this
area. In addition, these fees may be used to reimburse the City for funds advanced from other sources to pay
for design and construction or to reimburse developers who have been required or permitted to install portions
of facilities and improvements more than their fair share. Starting the fiscal year 20-21, a reorganization of the
impact fees funds was approved to facilitate the accounting, controlling, and reporting of development impact
fees. Fund 511 was created to separate the accounting of Orcutt Area Specific Plan Parks Impact Fees from
Quimby In-Lieu fees, Fund 501. Transfers of $1,355,409.52 from the Parkland In-Lieu Quimby Fee Fund have been
attributed to fiscal years 18-19 and 19-20 as prior period adjustments.
The Orcutt Area Public Facilities Financing Plan (PFFP) was originally prepared September 2009, updated
November 2016, December 2017, and most recently October 2018 to update costs reflecting current construction
estimates and to revise the scope of certain capital improvement projects within the PFFP.
As of June 30, 2023, the fund balance was $2,323,855.42. Refer to Exhibit A for detailed information regarding the
projects in which these funds were expended on for FY 2022/ 2023. There were no reimbursements issued to
developer in Fiscal Year 2022-23. As of June 30, 2023, there are no funds collected which have been held more than
five years.
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10
511 - Orcutt Area Specific Plan Parks Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year -$ -$ -$ 2,248,529.96$ 2,043,551.64$
Prior Period Adjustment (1)-$ -$ 1,355,409.52$ -$ -$
Fund Balance Beginning of Year After Adjustment -$ -$ 1,355,409.52$ 2,248,529.96$ 2,043,551.64$
Interest -$ -$ 377.92$ (51,550.30)$ 30,226.87$
Impact Fees -$ -$ 1,277,619.60$ 130,976.42$ 327,160.19$
Total Revenue -$ -$ 1,277,997.52$ 79,426.12$ 357,387.06$
Expenses -$ -$ -$ -$ 77,083.28$
Reimbursements -$ -$ 366,800.56$ 284,404.44$ -$
Transfers Out -$ -$ 18,076.52$ -$ -$
Total Expenditures -$ -$ 384,877.08$ 284,404.44$ 77,083.28$
Fund Balance End of Year -$ -$ 2,248,529.96$ 2,043,551.64$ 2,323,855.42$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year -$ -$ 2,248,529.96$ 2,043,551.64$ 2,323,855.42$
Fund Ending Balance (6/30/23)2,323,855.42$
Less: Revenues for last five years:
Revenues FY 18-19 925,388.00$
Revenues FY 19-20 430,022.00$
Revenues FY 20-21 1,277,997.52$
Revenues FY 21-22 79,426.12$
Revenues FY 22-23 357,387.06$
Total Revenues for last five years 3,070,220.70$
Funds Held in Excess of Five Years (746,365.28)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
(1) Prior Period Adjustment related to Transfers in from Fund 501: FY $430,022 FY 19-20; $925,388 FY 18-19
Page 84 of 668
11
Margarita Area Specific Plan Parks Impact Fee – Fund 512
The Margarita Area Specific Plan Parks Impact fee was established in 2005 and adopted by Resolution No. 9643
for park design and construction, including construction management, of improvements set forth in Chapter 9 of
the Margarita Area Specific Plan Public Facilities Financing Plan. Funds may also be used to reimburse the City
for funds advanced from other sources to pay for design and construction or may be used to reimburse
developers who have been required to construct park facilities and improvements beyond their fair share. While
the fee has been discontinued, the fund is still active to properly account for the fees that were collected in the
past and that must be used specifically on parks in the Margarita Area Specific Plan. Starting the fiscal year 20-
21, a reorganization of the impact fee funds was approved to facilitate the accounting, controlling, and reporting
of development impact fees. Fund 512 was created to separate the accounting of Margarita Area Park Impact
Fees from Quimby in-lieu fees, Fund 501. Transfers of $1,313,184.10 from the Parkland In-Lieu Quimby Fee Fund
have been attributed to fiscal years prior to 2018-2019 as a prior period adjustment.
As of June 30, 2023, the fund balance was $3,193,310.72, of which $1,504,676.08 is in the form of loans receivable
related to repayment of an outstanding interfund loan, described further below, and reduces available balance to
$1,688,634.64. There were no expenditures for fiscal year 22-23.
Interfund Loan: There remains an interfund loan payable from the Margarita Area Specific Plan Transportation
Impact Fee Fund which is a discontinued Fund and was consolidated to Citywide Transportation Impact Fee Fund
(507) on July 1, 2018. Therefore, the loan is now between this Fund (512) and Citywide Transportation Impact
Fee Fund (507). The Interfund Loan was authorized in 2014 per Resolution No. 10513 in the amount of
$1,504,676.08, including interest. The purpose of the loan was to advance early Transportation Impact Fee
credits to developer, Rescall LLC, for costs related to Prado Road improvements. City Staff is currently working
on final reconciliation to facilitate loan repayment from Fund 507 to Fund 512 in FY 2023-24 now that sufficient
funds have been collected in the Citywide Transportation Impact Fee Fund (507). The balance in this fund after
repayment of the loan is expected to be approximately $3,193,310.72.
Five Year Finding: As of June 30, 2023, there is $2,817,860.181 in revenue collected that has been held more than
five years. These funds are intended to be used for pre-construction activities (design, planning, permitting, etc.)
and overall construction costs to develop an 18.35-acre community park within the boundaries of the Margarita
Area Specific Plan which will be for use by residents in the Margarita Area Specific Plan neighborhoods as well as
the entire San Luis Obispo community.
The Margarita Area Specific Plan, established in 2005, specifically identifies the need for a park in the area and
Chapter 9 of the Margarita Area Specific Plan identifies the impact fees as a source of funding for the required
park. The use of these funds for a park in the Margarita Area is in conformance with the Margarita Area Specific
Plan and the Parks & Recreation Blueprint for the Future: 2021-2041 (General Plan Element) and allows the City
to meet the need for a community park that includes sport/athletic fields, sport courts, playground amenities,
public art, and social gathering area(s). The Margarita Area Specific Plan was amended in 2012 to adjust the
1 $1,504,676.08 is in form of loan receivable attributed to FY 2018-19 in relation to an outstanding interfund loan.
Page 85 of 668
12
equitable sharing of the cost of the purchase and construction of the 9.9-acre Damon-Garcia Sports Fields, which
is satisfying a portion of the park needs in the Margarita Area.
Construction of this Park requires funding for both the land and the improvements. A developer previously
dedicated 9.9 acres of the required parkland, which has since been developed as the Damon-Garcia sports fields
and is currently in use as referenced above. The City is to dedicate the remaining 8.45 acres. Original planned
park improvements were originally contemplated to be solely funded by MASP Park Impact Fees at an estimated
cost of $2,323,500. However, due to increases in estimated project costs and the retirement of the MASP Park
Impact Fee, the City is currently working to identify additional sources and amounts of funding to cover the
increased cost of this project. It is intended that the remaining balance (inclusive of interfund loan receivable) in
the MASP Park Impact Fee fund of $3,193,310 will be used in the acquisition and development of the remaining
required park. In addition, the City anticipates using additional funding from Citywide Park Improvement Impact
Fees and Quimby In-Lieu fees as well as General Fund sources (LRM Measure G) and/or future grants to fund the
remainder of the costs of this project. Timing for commencement of construction and completion of this project
is dependent upon future development of property within the Margarita Area Specific Plan, as well as
accumulation of sufficient funding sources.
The chart below reflects the overall funding sources and amount anticipated to cover the costs of the future park
project in the Margarita Area.
Page 86 of 668
13
512 - Margarita Area Specific Plan Park Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year -$ -$ -$ 1,632,841.88$ 1,668,914.59$
Prior Period Adjustment (1)-$ -$ 1,313,184.10$ -$ 1,504,676.08$
Fund Balance Beginning of Year After Adjustment -$ -$ 1,313,184.10$ 1,632,841.88$ 3,173,590.67$
Interest -$ -$ 269.64$ (38,916.34)$ 19,685.31$
Impact Fees -$ -$ 319,388.14$ 74,989.05$ 34.74$
Total Revenue -$ -$ 319,657.78$ 36,072.71$ 19,720.05$
Expenses -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ -$ -$ -$
Fund Balance End of Year -$ -$ 1,632,841.88$ 1,668,914.59$ 3,193,310.72$
Less Loans Receivable -$ -$ -$ -$ 1,504,676.08$
Net Fund Balance End of Year -$ -$ 1,632,841.88$ 1,668,914.59$ 1,688,634.64$
Fund Ending Balance (6/30/23)3,193,310.72$
Less: Revenues for last five years:
Revenues FY 18-19 -$
Revenues FY 19-20 -$
Revenues FY 20-21 319,657.78$
Revenues FY 21-22 36,072.71$
Revenues FY 22-23 19,720.05$
Total Revenues for last five years 375,450.54$
Funds Held in Excess of Five Years 2,817,860.18$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
(1) Prior Period Adjustment for FY 20-21 related to Transfers in from Fund 501: $354,240 FY 17-18; $958,944 prior years. Prior Period Adjustment for FY 22-23 is
related to Interfund Loan Receivable Revenue attributed to FY 17-18.
Page 87 of 668
14
Transportation Funds
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15
Citywide Transportation Impact Fee – Fund 507
The Citywide Transportation Impact Fee program was established in 2018 as part of the Capital Facilities
Development Impact Fee Nexus Study and adopted by Resolution No. 10879 to help maintain adequate levels of
transportation service in the City by mitigating the impacts that new development will have on the City’s
transportation system. Fee revenue will be used to fund transportation improvements such as interchanges,
intersections, street widening and extensions, pedestrian and bicycle improvements, transit improvements and
reimbursements to developers for improvements they constructed which exceed their fair share.
As of June 30, 2023, the fund balance was $7,095,615.09, in which $1,164,368.13 is in the form of loans receivable
for deferred payment of impact fees related to affordable housing developments and $1,504,676.08 is in form of
Interfund Loan repayment and reduces balance to $4,426,570.88. Refer to Exhibit A for detailed information
regarding the projects in which these funds were expended on for fiscal year 22-23. As of June 30, 2023, there are no
funds collected which have been held more than five years.
Transfers Out: There is an annual Transfer Out of fees collected for the reimbursement of the General Fund for
direct costs incurred for debt service relating to the Los Osos Valley Road Interchange. City Council has authorized
the future use of Traffic Impact Fees to finance at least half of the cost of the annual debt service payments. The
transfer is annually assessed through the City’s Cost Allocation Plan. For Fiscal Year 2022-23, an amount of
$280,000 was transferred and used on debt service payments related to the LOVR Interchange completed project.
Final debt payments associated with this transfer of funds will be FY 2044-45.
Interfund Loan: There remains an interfund loan with the Margarita Area Specific Plan Parks Impact Fee Fund
(512). The loan originated between Margarita Area Specific Plan Parks Impact Fee Fund (512) and the Margarita
Area Specific Plan Transportation Impact Fee Fund, which is a discontinued Fund and was consolidated to
Citywide Transportation Impact Fee Fund (507) July 1, 2018. Therefore, the loan is now between this Fund (507)
and the Margarita Area Specific Plan Parks Impact Fee Fund (512). The Interfund Loan was authorized in 2014
per Resolution No. 10513 in the estimated amount of $1,504,676.08. The purpose of the loan was to advance
early fee credits to developer, Rescall LLC, for costs related to Prado Road improvements. City Staff is currently
working on final reconciliation to facilitate loan repayment from Fund 507 to Fund 512 in FY 2023-24 now that
sufficient funds have been collected in the Citywide Transportation Impact Fee Fund (507). The loan is subject to
interest, at rate of average return for City investments. The balance in this fund after repayment of the loan is
expected to be approximately $4,426,570.88.
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16
507 - Citywide Transportation Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year 6,873,843.21$ 7,711,583.17$ 8,655,656.69$ 9,527,448.18$ 7,035,017.29$
Interest 261,924.40$ 252,653.83$ 2,509.13$ (236,023.88)$ 82,951.89$
Misc. Revenue 41,965.81$ -$ -$ -$ -$
Impact Fees 2,034,420.90$ 2,157,532.70$ 3,065,469.58$ 1,715,908.93$ 1,369,546.11$
Total Revenue 2,338,311.11$ 2,410,186.53$ 3,067,978.71$ 1,479,885.05$ 1,452,498.00$
Expenses 1,250,571.15$ 1,186,113.01$ 1,542,832.20$ 3,380,159.86$ 1,111,900.20$
Reimbursements -$ -$ 367,755.02$ 312,156.08$ -$
Transfers Out 250,000.00$ 280,000.00$ 285,600.00$ 280,000.00$ 280,000.00$
Total Expenditures 1,500,571.15$ 1,466,113.01$ 2,196,187.22$ 3,972,315.94$ 1,391,900.20$
Fund Balance End of Year 7,711,583.17$ 8,655,656.69$ 9,527,448.18$ 7,035,017.29$ 7,095,615.09$
Less Loans Receivable (1)-$ -$ -$ 1,164,368.13$ 1,164,368.13$
Interfund Loan Repayment -$ -$ -$ -$ 1,504,676.08$
Net Fund Balance End of Year 7,711,583.17$ 8,655,656.69$ 9,527,448.18$ 5,870,649.16$ 4,426,570.88$
Fund Ending Balance (6/30/23)7,095,615.09$
Less: Revenues for last five years:
Revenues FY 18-19 2,296,345.30$
Revenues FY 19-20 2,410,186.53$
Revenues FY 20-21 3,067,978.71$
Revenues FY 21-22 1,479,885.05$
Revenues FY 22-23 1,452,498.00$
Total Revenues for last five years 10,706,893.59$
Funds Held in Excess of Five Years (3,611,278.50)$ if positive, subject to findings
Notes
(1) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments Loans Receivables reduce the amount of
available funding for future spending.
Five Year Revenue Analysis
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17
Airport Area Transportation Impact Fee – Fund 503
The Airport Area Transportation Impact Fee was established in 2005 by Resolution No. 9727 for the expansion of
transportation facilities in the Airport Area Specific Plan. The fees are intended to be used on Tank Farm Road
Median Improvements, Unocal Local Road, Santa Fe Extension, Buckley Extension, and Bike Paths in the Airport
Area. In addition, these funds can be used to Reimburse City for funds advanced from other sources or to
reimburse developers who have been required to construct improvements beyond their fair share. In 2018, the
City Council adopted Resolution No. 10879 that consolidated this fee program into the Citywide Transportation
Impact Fee Program. While the fee has been discontinued, the fund is still active to properly account for the fees
that were collected that must be used on transportation projects in the Airport Area Specific Plan.
As of June 30, 2023, the fund balance was $672,234.94. There are no expenditures in fiscal year 22-23.
Five Year Finding: As of June 30, 2023, there is $608,016.68 in revenue collected which has been held more than five
years. The fund balance is to be used for pre-construction activities (design, planning, permitting, etc.) for two
transportation improvement projects programmed in the AASP TIF program: Tank Farm Road Widening (includes the
Tank Farm/Santa Fe Roundabout) and Santa Fe Road Extension. Specifically, these funds will be used to reimburse the
developer of the 600 Tank Farm development for eligible costs related to these transportation improvements.
As required conditions of approval, the 600 Tank Farm developer is required to design and construct portions of the
Tank Farm Road Widening and Santa Fe Road Extension improvements prior to this development. As documented in
detail in the AASP and related EIR, the Tank Farm Widening and Santa Fe Road Extension projects represent
transportation infrastructure that is needed to mitigate the impacts of new development within the city, particularly
within the AASP boundaries. The initial proportionality and nexus to new development is described in further detail in
the AASP (Chapter 8, Public Facilities Financing Plan).
Below is list of Projects in which these funds will be used and the anticipated amount of funding from all sources needed
to complete the financing of these projects.
The Tank Farm Road Widening and Santa Fe Road Extension projects are large, complex transportation improvements
that are anticipated to be constructed in phases over several years as incremental development occurs. For the Tank
Farm Road Widening Project, funding for component of project including Tank Farm Road/Santa Fe Roundabout
expected by 2025. Funding for remaining project components anticipated within 10 years (by 2033). For the Santa Fe
Road Extension (North) Project, funding for component of project to be constructed by 600 Tank Farm development
(approximately 40% of planned road extension) expected by 2025. Funding for remaining project components
anticipated within 10 years (by 2033). For the Santa Fe Road Extension (South) funding anticipated within 10 years (by
2033).
Page 91 of 668
18
The portions of these projects to be implemented by the 600 Tank Farm development are anticipated to constructed in
2025. The direct developer contribution and local funds related to these improvements are fully funded. The portion of
these project costs from development impact fees are partially funded, with $608,016 to be applied from existing AASP
TIF fund balance, and the remainder to be reimbursed to the developer from future transportation impact fee
revenues—both from the 600 Tank Farm development itself and from revenues received from other developments
benefitting from these improvements.
503 - Airport Area Transportation Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year 1,121,229.07$ 1,153,501.74$ 1,141,565.19$ 896,694.57$ 675,535.70$
Interest 39,168.34$ 33,424.80$ 262.43$ (21,170.76)$ 7,701.88$
Impact Fees 2,096.56$ 827.24$ 400.12$ 1,507.65$ -$
Total Revenue 41,264.90$ 34,252.04$ 662.55$ (19,663.11)$ 7,701.88$
Expenses 8,992.23$ 46,188.59$ 245,533.17$ 201,495.76$ 11,002.64$
Reimbursements -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures 8,992.23$ 46,188.59$ 245,533.17$ 201,495.76$ 11,002.64$
Fund Balance End of Year 1,153,501.74$ 1,141,565.19$ 896,694.57$ 675,535.70$ 672,234.94$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year 1,153,501.74$ 1,141,565.19$ 896,694.57$ 675,535.70$ 672,234.94$
Fund Ending Balance (6/30/23)672,234.94$
Less: Revenues for last five years:
Revenues FY 18-19 41,264.90$
Revenues FY 19-20 34,252.04$
Revenues FY 20-21 662.55$
Revenues FY 21-22 (19,663.11)$
Revenues FY 22-23 7,701.88$
Total Revenues for last five years 64,218.26$
Funds Held in Excess of Five Years 608,016.68$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
N/A
Page 92 of 668
19
Los Osos Valley Road Transportation Impact Fee – Fund 504
The Los Osos Valley Road Transportation Impact Fee was established as an add-on fee in 2018 as part of the
Capital Facilities Development Impact Fee Nexus Study and adopted by Resolution No. 10879 for the expansion
of capacity for the Los Osos Valley Road (LOVR) interchange at US 101 for construction, project management,
and inspection. Though the project has been completed, there are still minor projects that the City will need to
implement at this location. The fee program was revised in 2019 to reflect the completion of the interchange
construction work and the remaining projects. The City has a Reimbursement Agreement with Costco Wholesale
Corporation for improvements constructed by Costco at the LOVR interchange and is still an ongoing obligation
of this fund.
As of June 30, 2023, the fund balance was $416,719.77. The only expenditure was a reimbursement paid to
Costco for fiscal year 22-23 in the amount of $114,635.00. As of June 30, 2023, there are no funds collected which
have been held more than five years.
504 LOVR Transportation Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year 97,521.27$ 713,044.59$ 469,605.94$ 469,730.00$ 584,365.27$
Interest 29,509.32$ 26,655.45$ 124.06$ (12,090.27)$ 4,582.99$
Impact Fees 586,014.00$ -$ -$ 126,725.54$ (57,593.49)$
Total Revenue 615,523.32$ 26,655.45$ 124.06$ 114,635.27$ (53,010.50)$
Expenses -$ 270,094.10$ -$ -$ -$
Reimbursements -$ -$ -$ -$ 114,635.00$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ 270,094.10$ -$ -$ 114,635.00$
Fund Balance End of Year 713,044.59$ 469,605.94$ 469,730.00$ 584,365.27$ 416,719.77$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year 713,044.59$ 469,605.94$ 469,730.00$ 584,365.27$ 416,719.77$
Fund Ending Balance (6/30/23)416,719.77$
Less: Revenues for last five years:
Revenues FY 18-19 615,523.32$
Revenues FY 19-20 26,655.45$
Revenues FY 20-21 124.06$
Revenues FY 21-22 114,635.27$
Revenues FY 22-23 (53,010.50)$
Total Revenues for last five years 703,927.60$
Funds Held in Excess of Five Years (287,207.83)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
N/A
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20
San Luis Ranch Transportation Impact Fee – Fund 514
The San Luis Ranch Transportation Impact Fee was established in 2018 as part of the Capital Facilities
Development Impact Fee Nexus Study and adopted by Resolution No. 10879. This fee applies to development
within San Luis Ranch only and represents the Citywide Transportation Impact Fee with appropriate adjustments
to exclude costs related to the US 101/Prado Road Interchange project. The Development Agreement between
City and San Luis Ranch was approved and adopted by Council in 2018 and requires the San Luis Ranch
development to provide a direct contribution towards 28% of the costs of the Highway 101/ Prado Road
Interchange improvements plus related bond financing. Because the developer is paying this obligation directly,
an adjusted Citywide Transportation Impact Fee—the San Luis Ranch Transportation Impact Fee— was created
to ensure that development within San Luis Ranch does not overpay towards the Prado Road Interchange project.
As of June 30, 2023, the fund balance was $1,289,408.48. Refer to Exhibit A for detailed information regarding the
projects in which these funds were expended on for FY 2022/ 2023. As of June 30, 2023, there are no funds collected
which have been held more than 5 years.
514 - SLR Transportation Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year -$ -$ -$ -$ 458,855.53$
Interest -$ -$ -$ (2,186.54)$ 17,116.18$
Impact Fees -$ -$ -$ 457,690.07$ 837,532.77$
Total Revenue -$ -$ -$ 455,503.53$ 854,648.95$
Expenses -$ -$ -$ 6,648.00$ 24,096.00$
Reimbursements -$ -$ -$ -$ -$
Transfers In -$ -$ -$ (10,000.00)$ -$
Total Expenditures -$ -$ -$ (3,352.00)$ 24,096.00$
Fund Balance End of Year -$ -$ -$ 458,855.53$ 1,289,408.48$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year -$ -$ -$ 458,855.53$ 1,289,408.48$
Fund Ending Balance (6/30/23)1,289,408.48$
Less: Revenues for last five years:
Revenues FY 18-19 -$
Revenues FY 19-20 -$
Revenues FY 20-21 -$
Revenues FY 21-22 455,503.53$
Revenues FY 22-23 854,648.95$
Total Revenues for last five years 1,310,152.48$
Funds Held in Excess of Five Years (20,744.00)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
N/A
Page 94 of 668
21
Orcutt Area Transportation Impact Fee – Fund 515
The Orcutt Area Transportation Impact Fee was established in 2010 by Resolution No. 10222 for the expansion
of transportation facilities in and around the Orcutt Area Specific Plan. Specifically, Chapter 8 of the Public
Facilities Financing Plan for the Orcutt Area Specific Plan provides a detailed description of the park
improvements needed to serve this area and the projects in which these fees should be spent. In addition, these
fees may be used to reimburse the City for funds advanced from other sources to pay for design and construction
or to reimburse developers who have been required or permitted to install portions of facilities and
improvements more than their fair share. This fund was created in FY 2020-2021 with the reorganization of the
chart of accounts to separately account for Orcutt Area Transportation Impact Fees from other transportation
impact fees. The fee was created as a financing strategy to fund the burden of public facilities that must be
carried by development in the Orcutt Area Specific Plan.
The OASP Public Facilities Financing Plan (PFFP) was originally prepared September 2009, updated November
2016, December 2017, and most recently October 2018, to update costs reflecting current construction estimates
and to revise the scope of certain capital improvement projects within the PFFP.
As of June 30, 2023, the fund balance was $1,408,677.24. There are no loans associated with this fund. There
were no reimbursements for FY 2022/ 2023 from this fund. There were no expenditures for this fund in FY 2022/
2023. As of June 30, 2023, there are no funds collected which have been held more than 5 years.
Page 95 of 668
22
515 - OASP Transportation Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year -$ -$ -$ 692,609.95$ 1,392,254.93$
Interest -$ -$ 51.35$ (29,354.51)$ 16,422.31$
Impact Fees -$ -$ 909,089.60$ 728,999.49$
Total Revenue -$ -$ 909,140.95$ 699,644.98$ 16,422.31$
Expenses -$ -$ 216,531.00$ -$ -$
Reimbursements -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ 216,531.00$ -$ -$
Fund Balance End of Year -$ -$ 692,609.95$ 1,392,254.93$ 1,408,677.24$
Less Loans Receivable (2)-$ -$ -$ -$ -$
Net Fund Balance End of Year -$ -$ 692,609.95$ 1,392,254.93$ 1,408,677.24$
Fund Ending Balance (6/30/23)1,408,677.24$
Less: Revenues for last five years:
Revenues FY 18-19 -$
Revenues FY 19-20 -$
Revenues FY 20-21 909,140.95$
Revenues FY 21-22 699,644.98$
Revenues FY 22-23 16,422.31$
Total Revenues for last five years 1,625,208.24$
Funds Held in Excess of Five Years (216,531.00)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
N/A
Page 96 of 668
23
Wastewater and Water Funds
Page 97 of 668
24
Wastewater Impact Fee – Fund 506
The Wastewater Impact Fee was established in 2018 by Resolution No. 10880 as part of the 2017 Water and
Wastewater Capacity and Connection Fee Study. Fees are to be used for the expansion and improvement of
facilities used for sewer collection and sewer treatment. Specifically, the facilities and improvements to be paid
for by these fees is listed in the 2017 Water and Wastewater Capacity and Connection Fee Study. The
Wastewater Impact Fee Fund 506 is used to separately collect and account for impact fees and is treated as a
pass-through to the Sewer Fund 602.
As of June 30, 2023, the fund balance was $(1,077,443.17) in which $798,745.00 is in the form of loans receivable
for deferred payment of impact fees related to affordable housing developments and reduces balance to
$(1,875,888.17). Refer to Exhibit A for detailed information regarding the projects in which these funds were
expended on in FY 2022/ 2023. As of June 30, 2023, there are no funds collected which have been held more than five
years.
The Wastewater Impact Fee Fund is currently carrying a negative fund balance of $(1,875,888). Projects in the Utilities
Department often precede the administration of corresponding fees because these projects often need to be delivered
before developments can occur. For example, the addition of a lift station to collect and deliver wastewater to the Water
Resource Recovery Facility (WRRF) is necessary before development occurs and fees are collected. Additionally, cost
escalation on projects have resulted in higher eligible expenses than originally used in the calculation of the impact fee.
The Wastewater Impact Fee Fund is carrying a negative balance because of project schedules relative to impact fee
collection and general escalation in projects costs.
Page 98 of 668
25
506 - Wastewater Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year (3,862,737.00)$ (3,860,944.33)$ (2,397,281.50)$ 394,882.84$ 2,283,171.80$
Prior Period Adjustment (1) -$ -$ -$ 875,136.06$ -$
Fund Balance Beginning of Year After Adjustment (3,862,737.00)$ (3,860,944.33)$ (2,397,281.50)$ 1,270,018.90$ 2,283,171.80$
Interest 21,608.97$ 35,833.68$ 412.53$ 11,202.64$ 4,104.37$
Impact Fees 2,028,174.00$ 2,582,196.54$ 3,834,707.17$ 3,685,007.64$ 1,980,885.60$
Total Revenue 2,049,782.97$ 2,618,030.22$ 3,835,119.70$ 3,696,210.28$ 1,984,989.97$
Expenses 2,047,802.95$ 1,154,367.39$ 1,042,955.36$ 2,683,057.38$ 5,345,304.94$
Debt Service 187.35$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures 2,047,990.30$ 1,154,367.39$ 1,042,955.36$ 2,683,057.38$ 5,345,304.94$
Fund Balance End of Year (3,860,944.33)$ (2,397,281.50)$ 394,882.84$ 2,283,171.80$ (1,077,143.17)$
Less Loans Receivable (2)-$ -$ -$ 798,745.00$ 798,745.00$
Net Fund Balance End of Year (3,860,944.33)$ (2,397,281.50)$ 394,882.84$ 1,484,426.80$ (1,875,888.17)$
Fund Ending Balance (6/30/23)(1,077,143.17)$
Less: Revenues for last five years:
Revenues FY 18-19 2,049,782.97$
Revenues FY 19-20 2,618,030.22$
Revenues FY 20-21 3,835,119.70$
Revenues FY 21-22 3,696,210.28$
Revenues FY 22-23 1,984,989.97$
Total Revenues for last five years 14,184,133.14$
Funds Held in Excess of Five Years (15,261,276.31)$ if positive, subject to findings
Notes
Five Year Revenue Analysis
(1) Prior Period Adjustments is related to Loan Receivable & Accrued Interest
(2) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments Loans Receivables reduce the amount of
available funding for future spending.
Page 99 of 668
26
Water Impact Fee – Fund 509
The Water Impact Fee was established in 2018 by Resolution No. 10880 as part of the 2017 Water and
Wastewater Capacity and Connection Fee Study for the expansion and improvement of facilities used for water
supply, water treatment, and water distribution necessary to serve new development. Specifically, the facilities
and improvements to be paid for by these fees is listed in the 2017 Water and Wastewater Capacity and
Connection Fee Study. The Wastewater Impact Fee Fund 506 is used to separately collect and account for impact
fees and is treated as a pass-through to the Sewer Fund 602. The Water Impact Fee Fund 509 is used to separately
collect and account for impact fees collected and is treated as a pass-through to the Water Fund 601.
As of June 30, 2023, the fund balance was $7,934,362.90, in which $1,476,189.03 is in the form of loans receivable
for deferred payment of impact fees related to affordable housing developments and reduces balance to $6,458,173.87.
Refer to Exhibit A for detailed information regarding the projects in which these funds were expended on in FY 2022/
2023. As of June 30, 2023, there are no funds collected which have been held more than five years.
509 - Water Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year (2,660,665.00)$ (1,221,266.39)$ 145,382.10$ 2,464,392.38$ 6,739,399.60$
Prior Period Adjustment (1) -$ -$ -$ 1,624,196.66$ -$
Fund Balance Beginning of Year After Adjustment (2,660,665.00)$ (1,221,266.39)$ 145,382.10$ 4,088,589.04$ 6,739,399.60$
Interest -$ -$ 59.19$ 34,684.96$ 32,425.24$
Impact Fees 3,745,666.49$ 3,723,459.97$ 4,744,361.10$ 5,160,019.76$ 3,616,306.55$
Total Revenue 3,745,666.49$ 3,723,459.97$ 4,744,420.29$ 5,194,704.72$ 3,648,731.79$
Expenses 2,306,267.88$ 2,356,811.48$ 2,425,410.01$ 2,543,894.16$ 2,453,768.49$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures 2,306,267.88$ 2,356,811.48$ 2,425,410.01$ 2,543,894.16$ 2,453,768.49$
Fund Balance End of Year (1,221,266.39)$ 145,382.10$ 2,464,392.38$ 6,739,399.60$ 7,934,362.90$
Less Loans Receivable (2)-$ -$ -$ 1,476,189.03$ 1,476,189.03$
Net Fund Balance End of Year (1,221,266.39)$ 145,382.10$ 2,464,392.38$ 5,263,210.57$ 6,458,173.87$
Fund Ending Balance (6/30/23)7,934,362.90$
Less: Revenues for last five years:
Revenues FY 18-19 3,745,666.49$
Revenues FY 19-20 3,723,459.97$
Revenues FY 20-21 4,744,420.29$
Revenues FY 21-22 5,194,704.72$
Revenues FY 22-23 3,648,731.79$
Total Revenues for last five years 21,056,983.26$
Funds Held in Excess of Five Years (13,122,620.36)$ if positive, subject to findings
Notes
Five Year Revenue Analysis
(1) Prior Period Adjustments is related to Loan Receivable & Accrued Interest
(2) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments Loans Receivables reduce the amount of
available funding for future spending.
Page 100 of 668
27
Public Safety Funds
Page 101 of 668
28
Fire Impact Fee – Fund 516
The Fire Impact Fee was established in 2018 as part of the Capital Facilities Development Impact Fee Nexus Study
and adopted by Resolution No. 10879 to help ensure there are sufficient fire facilities, equipment, and vehicles
to serve new development. Fees collected will be used to help renovate Fire Stations 1-4, to construct Fire Station
5, and to replace fire vehicles and equipment, all of which is needed to serve new development through General
Plan buildout.
As of June 30, 2023, the fund balance was $214,607.26, in which $78,276.25 is in the form of loans receivable for
deferred payment of impact fees related to affordable housing developments and reduces balance to $136,331.01.
There were no expenditures related to this fund in FY 2022/ 2023. As of June 30, 2023, there are no funds collected
which have been held more than five years.
516 - Fire Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year -$ -$ -$ 66,123.61$ 200,219.76$
Interest -$ -$ 10.18$ (16,497.18)$ 2,710.96$
Transfers In (1)-$ -$ -$ 85,996.16$ -$
Impact Fees -$ -$ 66,113.43$ 64,597.17$ 11,676.54$
Total Revenue -$ -$ 66,123.61$ 134,096.15$ 14,387.50$
-$
Expenses -$ -$ -$ -$ -$
Reimbursements -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ -$ -$ -$
Fund Balance End of Year -$ -$ 66,123.61$ 200,219.76$ 214,607.26$
Less Loans Receivable (2)-$ -$ -$ 78,276.25$ 78,276.25$
Net Fund Balance End of Year -$ -$ 66,123.61$ 121,943.51$ 136,331.01$
Fund Ending Balance (6/30/23)214,607.26$
Less: Revenues for last five years:
Revenues FY 18-19 1,062.69$
Revenues FY 19-20 84,735.61$
Revenues FY 20-21 66,321.46$
Revenues FY 21-22 48,099.99$
Revenues FY 22-23 14,387.50$
Total Revenues for last five years 214,607.26$
Funds Held in Excess of Five Years -$ if positive, subject to findings
Notes
(1) Transfer in from Fund 508: FY 2018/19 = $1062.69 fees; FY 2019/ 20 = $82,440.00 fees + $2295.61 int = $84,735.61; FY 2020/21 =
$197.85 int
(2) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments Loans Receivables reduce
the amount of available funding for future spending.
Five Year Revenue Analysis
Page 102 of 668
29
Police Impact Fee – Fund 517
The Police Impact Fee was established in 2018 as part of the Capital Facilities Development Impact Fee Nexus
Study and adopted by Resolution No. 10879 to help ensure there are sufficient police facilities and vehicles to
serve new development. Fees collected will be used to help construct a new police headquarters and purchase
vehicles to maintain the existing ratio of police vehicles to serve new development.
As of June 30, 2023, the fund balance was $237,008.22, in which $56,781.01 is in the form of loans receivable for
deferred payment of impact fees related to affordable housing developments and reduces balance to $180,227.21.
There were no expenditures related to this fund in FY 2022/ 2023. As of June 30, 2023, there are no funds collected
which have been held more than five years.
517 - Police Impact Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year -$ -$ -$ 72,656.08$ 245,445.94$
Interest -$ -$ 10.89$ (19,445.24)$ 3,214.90$
Transfers In (1)-$ -$ -$ 102,358.84$ -$
Impact Fees -$ -$ 72,645.19$ 89,876.26$ (11,652.62)$
Total Revenue -$ -$ 72,656.08$ 172,789.86$ (8,437.72)$
-$
Expenses -$ -$ -$ -$ -$
Reimbursements -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ -$ -$ -$
Fund Balance End of Year -$ -$ 72,656.08$ 245,445.94$ 237,008.22$
Less Loans Receivable (2)-$ -$ -$ 56,781.01$ 56,781.01$
Net Fund Balance End of Year -$ -$ 72,656.08$ 188,664.93$ 180,227.21$
Fund Ending Balance (6/30/23)237,008.22$
Less: Revenues for last five years:
Revenues FY 18-19 3,046.86$
Revenues FY 19-20 99,076.49$
Revenues FY 20-21 72,891.58$
Revenues FY 21-22 70,431.02$
Revenues FY 22-23 (8,437.72)$
Total Revenues for last five years 237,008.22$
Funds Held in Excess of Five Years -$ if positive, then subject to findings
Notes
(1) Transfer in from Fund 508: FY 2018/19 = $3,046.86 fees; FY 2019/ 20 = $96,344.08 fees + $2,732.41 int = $99,076.49; FY 2020/21 =
$235.50 int
(2) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments Loans Receivables reduce
the amount of available funding for future spending.
Five Year Revenue Analysis
Page 103 of 668
30
In-Lieu Fee Funds
Page 104 of 668
31
Parkland In-Lieu Fee (Quimby) - Fund 501
The Parkland In-Lieu Fee was established in 1994 per the AB 1191 Act, also known as the Quimby Act, and applies
to new single-family and multifamily condominium developments. Developers are required to either dedicate
land for parks or pay an in-lieu fee as a condition of approval of a tentative or parcel subdivision map. The land,
fees, or combination thereof are to be used only for the purpose of developing new or rehabilitating existing
neighborhood park, community park or recreational facilities to serve the subdivision in which the fees were
collected. Under the Quimby Act, the base standard for parks is 3.0 acres per 1,000 residents and cannot be any
higher than 5.0 acres per 1,000 residents. The Parkland In-Lieu fee has been established for the City with a
standard of 4.18 acres per 1,000 residents. At the discretion of the City Council, even though this fee is not an
impact fee as defined by AB1600, the fund is included in this report for transparency and public engagement.
As of June 30, 2023, the fund balance was $2,632,187.00 in which $143,044.36 is in the form of loans receivable
for deferred payment of impact fees related to affordable housing developments and reduces balance to
$2,489,142.64. Refer to Exhibit A for detailed information regarding the projects in which these funds were
expended on for FY 2022/ 2023. As of June 30, 2023, there are no funds collected which have been held more than
five years.
501 - Quimby In-Lieu Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year 2,363,346.76$ 2,955,243.23$ 4,136,141.11$ 2,832,048.67$ 2,533,779.95$
Prior Period Adjustment (1)-$ -$ (3,193,263.41)$ -$ -$
Fund Balance Beginning of Year After Adjustment 2,363,346.76$ 2,955,243.23$ 942,877.70$ 2,832,048.67$ 2,533,779.95$
Interest 119,458.06$ 137,452.72$ 941.09$ (84,393.63)$ 37,390.95$
Impact Fees 1,080,178.21$ 1,249,959.27$ 1,900,253.58$ 126,518.63$ 110,414.52$
Total Revenue 1,199,636.27$ 1,387,411.99$ 1,901,194.67$ 42,125.00$ 147,805.47$
Expenses 34,320.80$ 206,514.11$ 12,023.70$ 340,393.72$ 49,398.42$
Reimbursements 573,419.00$ -$ -$ -$ -$
Total Expenditures 607,739.80$ 206,514.11$ 12,023.70$ 340,393.72$ 49,398.42$
Fund Balance End of Year 2,955,243.23$ 4,136,141.11$ 2,832,048.67$ 2,533,779.95$ 2,632,187.00$
Less Loans Receivable (2)-$ -$ -$ 143,044.36$ 143,044.36$
Net Fund Balance End of Year 2,955,243.23$ 4,136,141.11$ 2,832,048.67$ 2,390,735.59$ 2,489,142.64$
Fund Ending Balance (6/30/23)2,632,187.00$
Less: Revenues for last five years:
Revenues FY 18-19 1,199,636.27$
Revenues FY 19-20 1,387,411.99$
Revenues FY 20-21 1,901,194.67$
Revenues FY 21-22 42,125.00$
Revenues FY 22-23 147,805.47$
Total Revenues for last five years 4,678,173.40$
Funds Held in Excess of Five Years (2,045,986.40)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
(1) Prior Period Adjustment is related to transfer out to other funds 510, 511, 512, and 519.
(2) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments Loans Receivables reduce the amount of
available funding for future spending.
Page 105 of 668
32
Open Space Protection In-Lieu Fee – Fund 502
The Open Space Protection In-Lieu Fee was established in 2005 by Resolution #9728 to address the need to
acquire new open space lands, specifically in the Airport Area Specific Plan commensurate with similar land lost
to development projects. While the fee has been discontinued FY 2018-19, the fund is still active to properly
account for the fees that were collected in the past and that must be used specifically on open space protection
projects within the Airport Area Specific Plan. The fund is also utilized to capture funds related to Grants and
other Miscellaneous Revenue related to Open Space. The city expects to utilize the remaining funds for open space
transactions during FY 2023-24. At the discretion of the City Council, even though this fee is not an impact fee as
defined by AB1600, the fund is included in this report for transparency and public engagement.
As of June 30, 2023, the fund balance was $13,097.39. There were no revenues, other than small amount of
interest, and no expenditures in FY 2022/ 2023. As of June 30, 2023, there are no funds collected which have been
held more than five years.
502 - Open Space Protection In-Lieu Fee Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year 595,255.72$ (145,072.37)$ 20,310.51$ 20,315.51$ 12,949.06$
Interest 9,905.17$ (382.67)$ 5.00$ (466.45)$ 148.33$
Other State Grants -$ 200,000.00$ -$ -$ -$
Misc. Revenue 89,558.77$ -$ -$ -$
In-Lieu Fees -$ -$ -$ -$ -$
Total Revenue 99,463.94$ 199,617.33$ 5.00$ (466.45)$ 148.33$
Expenses 839,792.03$ 34,234.45$ -$ -$ -$
Transfers Out -$ -$ -$ 6,900.00$ -$
Total Expenditures 839,792.03$ 34,234.45$ -$ 6,900.00$ -$
-$
Fund Balance End of Year (145,072.37)$ 20,310.51$ 20,315.51$ 12,949.06$ 13,097.39$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year (145,072.37)$ 20,310.51$ 20,315.51$ 12,949.06$ 13,097.39$
Fund Ending Balance (6/30/23)13,097.39$
Less: Revenues for last five years:
Revenues FY 18-19 99,463.94$
Revenues FY 19-20 199,617.33$
Revenues FY 20-21 5.00$
Revenues FY 21-22 (466.45)$
Revenues FY 22-23 148.33$
Total Revenues for last five years 298,768.15$
Funds Held in Excess of Five Years (285,670.76)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
N/A
Page 106 of 668
33
Affordable Housing Inclusionary Fee - Fund 505
The Affordable Housing Inclusionary Fee is governed by the City’s Inclusionary Housing Ordinance (Ordinance No.
1346) established in 1999 to provide funding for the provision of affordable housing and for reasonable costs
associated with the development of affordable housing. Developers either pay a fee or must construct affordable
units to meet their inclusionary housing requirements. At the discretion of the City Council, even though this fee
is not an impact fee as defined by AB1600, the fund is included in this report for transparency and public
engagement.
As of June 30, 2023, the fund balance was $10,275,529.96 in which $9,229,751.16 is in the form of loans
receivable for deferred payment of Affordable Housing Loans issued to borrowers and $669,063 is in the form of
Doubtful Accounts3 and reduces balance to $1,714,841.80. No expenses were incurred from this fund in FY 22-23,
however, there was a pass-through revenue and expense related to a Grant for use on the Anderson Hotel Project in
the amount of $1,700,000 and detailed in Resolution No. 11321. Transfers Out were related to recurring annual
transfer outs to General Fund, Housing Trust Fund and HouseKeys Contract renewal.
Although $5,257,465.08 of funds collected have been held more than five years, no findings are required since this fee
is not considered an impact fee under AB1600, and those revenues are associated with deferred payment of Affordable
Housing Loans issued to borrowers.
Page 107 of 668
34
505 - Affordable Housing Fund FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23
Fund Balance Beginning of Year 2,244,801.08$ 2,835,974.60$ 8,589,919.11$ 9,178,296.23$ 9,784,738.96$
Prior Period Adjustments (1)-$ 6,049,429.16$ 417,042.00$ 165,548.77$ (420,335.00)$
Fund Balance Beginning of Year After Adjustment 2,244,801.08$ 8,885,403.76$ 9,006,961.11$ 9,343,845.00$ 9,364,403.96$
Interest 112,574.21$ 73,778.48$ 218,935.12$ (37,152.17)$ 176,699.03$
Misc Revenue 12,500.00$ -$ 153,171.13$ 419,260.00$
Grants -$ -$ -$ -$ 1,700,000.00$
Housing Loan Repayment -$ -$ -$ -$ -$
In Lieu Fees 1,193,099.31$ 17,736.87$ 10,600.00$ 411,875.00$ 554,987.90$
Total Revenue 1,318,173.52$ 91,515.35$ 229,535.12$ 527,893.96$ 2,850,946.93$
-$
Expenses 710,000.00$ 330,000.00$ -$ -$ 1,700,000.00$
Transfers Out 17,000.00$ 57,000.00$ 58,200.00$ 87,000.00$ 239,820.93$
Total Expenditures 727,000.00$ 387,000.00$ 58,200.00$ 87,000.00$ 1,939,820.93$
Fund Balance End of Year 2,835,974.60$ 8,589,919.11$ 9,178,296.23$ 9,784,738.96$ 10,275,529.96$
Less Loans Receivable (2)-$ 6,314,429.16$ 8,001,471.16$ 9,670,906.16$ 9,229,751.16$
Allowance for Doubtful Accounts (3)-$ (215,000.00)$ (215,000.00)$ (669,063.00)$ (669,063.00)$
Net Fund Balance End of Year 2,835,974.60$ 2,490,489.95$ 1,391,825.07$ 782,895.80$ 1,714,841.80$
Fund Ending Balance (6/30/23)10,275,529.96$
Less: Revenues for last five years:
Revenues FY 18-19 1,318,173.52$
Revenues FY 19-20 91,515.35$
Revenues FY 20-21 229,535.12$
Revenues FY 21-22 527,893.96$
Revenues FY 22-23 2,850,946.93$
Total Revenues for last five years 5,018,064.88$
Funds Held in Excess of Five Years 5,257,465.08$ No Findings required - not impact fee per AB1600.
Notes
(1) Prior Period Adjustments in FY 19-20, FY 20-21 and FY 21-22 is related to Loan Receivable & Accrued Interest; in FY 22-23 it reflects separation of BEGIN
loan activity into a new Fund.
(2) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments. Loans Receivables reduce the amount of
available funding for future spending.
(3) Allowance for doubtful accounts reduces the Loans Receivables and represents the portion of Loans Receivables which may not be realized.
Five Year Revenue Analysis
Page 108 of 668
35
Exhibit A
Development Impact Fee Expenditures Report
For Fiscal Year Ended June 30, 2023
Orcutt Area Specific Plan Parks Impact Fee (Fund 511)
Project Number Project Name
Construction
Start Date Project Status
Total Estimated
Project Cost (1)
Estimated Cost
Funded by Fees (1)
% of Project
Funded by Fees
Fees Expended
to Date (2)
Fees Expended FY
22-23
1000057/ 2000057 Development Related Parks Improvements Apr-24 Design 14,000,000.00$ 3,701,641.00$ 26%77,083.28$ 77,083.28$
77,083.28$
Citywide Transportation Development Impact Fee (Fund 507)
Project Number Project Name
Construction
Start Date Project Status
Total Estimated
Project Cost (1)
Estimated Cost
Funded by Fees (1)
% of Project
Funded by Fees
Fees Expended
to Date (2)
Fees Expended FY
22-23
1000073 Transportation Safetey and Operations July 2018 Ongoing $ 3,750,000.00 $ 1,436,250.00 38% $ 3,441.00 $ 3,441.00
1000164/ 2000164 Orcutt/Tank Farm Roundabout Construction August 2021 Complete 4,079,812.00$ 2,475,009.74$ 61% $ 2,475,009.74 742,572.77$
1000502 Active Transportation Plan Implementation July 2021 Ongoing 11,000,000.00$ 2,629,000.00$ 24% $ 20,200.55 18,678.98$
1000537 Transportation Monitoring & Modeling Update July 2018 Ongoing 900,000.00$ 900,000.00$ 100% $ 40,000.00 39,500.00$
2000069 Pedestrian Crossing Improvements May 2023 Complete 569,861.00$ 5,425.26$ 1% $ 5,304.58 5,304.58$
91252 Prado Road Bridge Widening June 2025 Design 22,042,320.00$ 3,875,000.00$ 18% $ 291,288.40 10,598.00$
2091294 Higuera at 50 Higuera Widening June 2024 Design 846,450.00$ 70,543.00$ 8% $ 69,920.25 69,920.25$
91375/ 2091375 Railroad Safety Trail Taft to Pepper - 2018 October 2020 Complete 4,563,783.00$ 250,000.00$ 5% $ 2,960,984.99 47,219.70$
2091610 Higuera Street Widening Bridge to Elks June 2024 Design 420,000.00$ 365,500.00$ 87% $ 1,855.50 1,855.50$
91613/ 2091613 Prado Road Interchange September 2027 Planning 72,319,571.00$ 2,130,000.00$ 3% $ 1,238,129.10 172,809.42$
1,111,900.20$
Airport Area Transportation Development Impact Fee (Fund 503)
Project Number Project Name
Construction
Start Date Project Status
Total Estimated
Project Cost (1)
Estimated Cost
Funded by Fees (1)
% of Project
Funded by Fees
Fees Expended
to Date (2)
Fees Expended FY
22-23
91252 Prado Road Bridge Widening Jun-25 Design 22,042,320.00$ 3,875,000.00$ 18%504,209.75$ 2,000.00$
91613/ 2091613 Prado Road Interchange Jul-27 Planning 72,319,571.00$ 2,130,000.00$ 3%9,002.64$ 9,002.64$
11,002.64$
Page 109 of 668
36
Los Osos Valley Road Impact Fee Fund (Fund 504)
Project Number Project Name
Construction
Start Date Project Status
Total Estimated
Project Cost (1)
Estimated Cost
Funded by Fees (1)
% of Project
Funded by Fees
Fees Expended
to Date (2)
Fees Expended FY
22-23
1000175 Costco LOVR Development Reimbursement N/A N/A 4,960,108.00$ 4,960,108.00$ 100%4,476,477.00$ 114,635.00$
114,635.00$
San Luis Ranch Transportation Development Impact Fee (Fund 514)
Project Number Project Name
Construction
Start Date Project Status
Total Estimated
Project Cost (1)
Estimated Cost
Funded by Fees (1)
% of Project
Funded by Fees
Fees Expended
to Date (2)
Fees Expended FY
22-23
1000567/ 2000567 Madonna Road Bike Path Landscaping Design Dec-24 Preliminary 1,500,000.00$ 510,000.00$ 34%24,096.00$ 24,096.00$
24,096.00$
Wastewater Development Impact Fee (Fund 506)
Project Number Project Name
Construction
Start Date Project Status
Total Estimated
Project Cost (1)
Estimated Cost
Funded by Fees (1)
% of Project
Funded by Fees
Fees Expended
to Date (2)
Fees Expended FY
22-23
91118/ 2091118 Sewer Lift Station and Siphon Replacement - Calle Joaquin (91118)Jan-2022 Complete 6,330,516.14$ 6,330,516.14$ 100%6,330,516.14$ 4,340,089.05$
91224/ 2091224 Foothill Sewer Lift Station Jul-2026 Planning 2,370,000.00$ 2,370,000.00$ 100%130,291.02$ 5,526.91$
91369/ 2091369 Sewer Lift Station Replacement - Airport Jul-2024 Planning 2,100,000.00$ 2,100,000.00$ 100%118,464.16$ 4,334.25$
1000077 WRRF Major Equipment Maintenance Jul-2018 Ongoing 85,960.66$ 13,753.71$ 16%13,753.71$ 8.64$
1000083 Sewer Lift Station - New Buckley Station Oct-2021 Ongoing 188,940.11$ 188,940.11$ 100%188,940.11$ 21,763.83$
2000083 Buckley Sewer Lift Station [1000083]Oct-2021 Ongoing 1,801,818.89$ 1,801,818.89$ 100%128,106.00$ 128,106.00$
2000607 WRRF Major Equipment Maintenance [1000077]Jul-2018 Ongoing 910,837.06$ 145,733.93$ 16%13,256.28$ 13,256.28$
N/A 2008 Suntrust Loan - Tank Farm Lift Station N/A Debt Service 1,097,260.00$ 1,097,260.00$ 100%913,480.00$ 181,130.00$
N/A 2009 State Infrastructure Bank (CIEDB) Loan - Tank Farm Lift Station N/A Debt Service 10,897,350.11$ 10,897,350.11$ 100%2,772,222.06$ 552,309.95$
N/A 2014 US Bank Wastewater Lease Installment Agreement - WRRF Energy Efficiency Project N/A Debt Service 6,788,417.81$ 1,086,146.85$ 16%494,225.28$ 98,780.03$
5,345,304.94$
Page 110 of 668
37
Water Development Impact Fee (Fund 509)
Project Number Project Name
Construction
Start Date Project Status
Total Estimated
Project Cost (1)
Estimated Cost
Funded by Fees (1)
% of Project
Funded by Fees
Fees Expended
to Date (2)
Fees Expended FY
22-23
91506 Groundwater Well Development Program (91506)Mar-2022 Complete $ 178,826.87 $ 69,742.48 39% $ 69,742.48 $ 22,816.83
99653 WTP Major Equipment Maintenance Jul-2018 Ongoing $ 697,452.86 $ 111,592.46 16% $ 111,592.46 $ 29,292.11
1000034 Reservoir Maintenance Jul-2018 Ongoing $ 915,537.24 $ 146,485.96 16% $ 146,485.96 $ 7,187.31
1000528 Recycled Water Broad Street - Tank Farm to Aerovista Deferred Preliminary $ 23,969.00 $ 3,835.04 16% $ 3,835.04 $ 3,835.04
1000530 Recycled Water Tank Jul-2021 Preliminary $ 34,394.50 $ 5,503.12 16% $ 5,503.12 $ 4,100.16
1000542 Water Treatment Plant Major Facility Maintenance Jul-2018 Ongoing $ 72,867.39 $ 11,658.78 16% $ 11,658.78 $ 5,842.33
1000573 Recycled Water Systems Retrofits Jul-2022 Preliminary $ 14,438.12 $ 2,310.10 16% $ 2,310.10 $ 2,310.10
2000034 Water Storage Tank Maintenance [1000034]Jul-2018 Ongoing $ 4,657,920.89 $ 745,267.34 16% $ 10,564.98 $ 10,564.98
2000150 SGMA GSP (Groundwater Basin Management) [1000150]Jul-2018 Ongoing $ 476,871.11 $ 185,979.73 39% $ 9,843.75 $ 9,843.75
2000542 WTP Major Facility Maintenance [1000542]Jul-2018 Ongoing $ 1,383,963.66 $ 539,745.83 39% $ 4,601.95 $ 4,601.95
2001022 WTP Chemical System Maintenance [91731]Jul-2018 Ongoing $ 8,397.85 $ 1,343.66 16% $ 1,153.76 $ 1,153.76
2001026 WTP Major Equipment Maintenance [99653]Jul-2018 Ongoing $ 688,968.20 $ 110,234.91 16% $ 4,786.26 $ 4,786.26
N/A 2012 Water Revenue Refunding Bond N/A Debt Service $ 2,853,000.00 $ 656,190.00 23% $ 656,190.00 $ 131,560.00
N/A 2018 Refunding Bond (Refund 2005, 2006, 2009 Bonds)N/A Debt Service $ 453,796.83 $ 131,601.08 29% $ 42,725.99 $ 7,903.85
N/A 2018 Refunding Water Bond (Refund 2006 Bonds)N/A Debt Service $ 15,089,952.22 $ 4,376,086.14 29% $ 1,290,848.64 $ 257,085.00
N/A 2020 CIEDB (I-Bank) Loan - Water Treatment Plant Energy Efficiency N/A Debt Service $ 18,813,733.25 $ 3,010,197.32 16% $ 457,225.06 $ 153,088.50
N/A Nacimiento Pipeline N/A Debt Service $ 101,805,531.78 $ 39,704,157.39 39% $ 9,042,592.20 $ 1,797,796.56
$ 2,453,768.49
Notes:
(1) Data From City of San Luis Obispo Financial Plans.
(2) Expenditures are only from July 1, 2018 to current due to implementation of new accounting system.
Page 111 of 668
38
Exhibit B
Fiscal Year 2022/ 2023 Development
Impact Fee Schedule and Amounts
Parkland Fees
Quimby Act
Parkland In-Lieu
Fee
Parkland Impact
Fee
Park
Improvement
Impact Fee
Parkland
Development
Fees (Orcutt
Area)
Residential Subdivision
Single Family (per Dwelling Unit)$4,571.04 n/a $4,177.91 $10,022.76
Multifamily Condominium (per Dwelling unit)$3,291.55 n/a $3,008.67 $7,456.26
Residential, No Subdivision Single Family (per Dwelling Unit)n/a $4,571.04 $4,177.90 n/a
Multifamily Apartment (per Dwelling unit)n/a $2,113.61 $3,008.68 $7,456.26
Land Use Category
Water
Development
Impact
Fee(Citywide)
Wastewater
Development
Impact Fee
(Citywide)
Single Family & Multifamily (per Dwelling Unit Size)
≥ 1,201 sq. ft. (fees are per unit)$17,142.70 $15,921.10
801 to 1,200 sq. ft. (fees are per unit)$13,714.16 $12,811.66
451 to 800 sq. ft. (fees are per unit)$11,999.89 $11,211.11
≤ 450 sq. ft. (fees are per unit)$5,172.89 $4,775.18
Mobile/Manufactured Home (per Dwelling Unit)
Mobile/Manufactured Home $10,345.76 $9,553.24
Non-Residential (by Meter Size)
3/4" meter $17,242.93 $15,921.10
1" meter $29,312.41 $27,065.58
1.5" meter $58,626.29 $54,131.17
2" meter $93,112.18 $85,973.38
3" meter $183,426.23 $170,355.50
4" meter $286,282.38 $265,882.11
6" meter $572,566.20 $531,764.23
Police (Citywide)Fire (Citywide)
Residential
Single Family
Per unit $989.48 $842.83
Multifamily
Per unit $712.48 $607.31
Non-Residential
Office (fees are per sq. ft.)$0.65 $0.56
Service (fees are per sq. ft.)$0.35 $0.31
Retail (fees are per sq. ft.)$0.35 $0.31
Industrial (fees are per sq. ft.)$0.27 $0.22
Institutional (fees are per sq. ft.)$0.35 $0.34
Lodging (fees are per room)$197.00 $167.39
Specialty (fees are per ADT) (2)Requires Calculation Requires Calculation
FY 2022-23 Rate
FY 2022-23 Rate
Land Use Category Emergency Services Impact Fees
FY 2022-23 Rate
Page 112 of 668
39
Page 113 of 668
Page 114 of 668