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HomeMy WebLinkAboutItem 6e. FY 2021-22 Annual Report on Development Impact Fees (AB 1600) Item 6e Department: Finance Cost Center: 2001 For Agenda of: 1/17/2022 Placement: Consent Estimated Time: N/A FROM: Emily Jackson, Finance Director Prepared By: Brigitte Elke, Finance Director (former) SUBJECT: FY 2021-22 ANNUAL REPORT ON DEVELOPMENT IMPACT FEES UNDER ASSEMBLY BILL 1600 RECOMMENDATION 1. Review and approve the FY 2021 -22 Report on Development Impact Fees in compliance with Assembly Bill 1600 (AB 1600) annual disclosure requirements; and 2. Adopt a Resolution entitled, "A Resolution of the City Council of the City of Sa n Luis Obispo, California, accepting the 2021-22 Annual Report on Development Impact Fees reaffirming the necessity for Development Impact Fees and make findings related to Impact Fee Balances." POLICY CONTEXT Assembly Bill 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. The City’s Municipal Code under Chapter 4.56 defines the City’s Development Impact Fees and its purpose. DISCUSSION Background The City of San Luis Obispo (City) has an adopted development impact fee program that is subject to AB 1600 (1987, the Mitigation Fee Act, Gov. Code § 66000 et seq.) and its annual disclosure and reporting requirements. This report (Attachment B) is developed to satisfy the requirements by describing each type of fee, the fees collected, the fee disbursements as well as the amount of interest apportioned to each fee balance during the 2021-22 fiscal year. In addition, an accompanying analysis has been prepared that reflects, for each fee type, the aging of the balance held by the City. The purpose of this item is to report on the balances included in each fund; the funding has largely been programmed for future use, including projects in the City’s Capital Improvement Plan or other initiatives. Page 119 of 1069 Item 6e The report was posted on the City’s website on December 21, 2022, and the notice of availability posted in the kiosk outside of City Hall and the Finance entrance. An email was sent to subscribers of the City's online updates. The notice of availability was also published in the New Times on January 5, 2023, in accordance with Government Code § 66006 (b) (2). The individual fund schedules provide a breakdown of the fee balances on hand as of June 30, 2022, based on the City's audited financial reports. AB 1600 requires that the annual report shall include the following information: 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, 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 publi c improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement, as identified in paragraph (2) of subdivision (a) of § 66001, 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 b e repaid, and the rate of interest that the account or fund will receive on the loan. 8. The amount of refunds made pursuant to subdivision (e) of § 66001 and any allocations pursuant to subdivision (f) of § 66001. The following is a brief description of the purpose of the City’s impact and Quimby fees and the projects funded in the fiscal year. Parkland ln-Lieu Quimby Fee This in-lieu fee was established per the AB 1191 (Nazarian, 2015) Act, also known as the Quimby Act; it authorizes the City to require residential subdivisions to dedicate land for parks or pay fees in-lieu of the dedication. Even though this is not an impact fee as defined by the Mitigation Fee Act, the fund is included in the report for transparency and public engagement. Open Space Protection Impact Fee This impact fee was established to address the need to acquire new open space lands commensurate with similar land lost to development projects. Page 120 of 1069 Item 6e Citywide Parkland Development Impact Fee This impact fee was established for the acquisition of land to construct City parks intended for access and use by the entire community. Starting in FY 2020 -21, a reorganization of the impact fees chart of accounts was approved to facilitate the accounting, controlling, and reporting of development impact fees. Fund 510 was created to separate the accounting of citywide parkland development impact fees from Quimby in-lieu fees. Citywide Park Improvement Impact Fee This impact fee was established for the improvement of new and existing City parks intended for access and use by the entire community of San Luis Obispo. This fund was also created with the reorganization of the chart of accounts to account separately for Citywide Park Improvement Impact Fees. Orcutt Area Park Impact Fee This impact fee was established for the acquisition and improvement of City parks and existing park facilities intended for access and use by the entire community but more specifically by the residents in the Orcutt Area Specific Plan boundaries. Margarita Area Park Impact Fee This impact fee was established for the acquisition and improvement of City parks and existing park facilities intended for access and use by the entire community but more specifically by residents in the Margarita Area Specific Plan boundaries. There is a total of $958,944 that has been held for more than five years in this specific fund. Therefore, the City Council needs to make the finding regarding the park planned to be constructed in the Margarita area that includes different funding sources su ch as impact fees and grants. Currently, the project is on hold since the land zoned for park space is privately owned and the current owners are not interested in selling. The City still anticipates using the funds collected for the MASP park at the time the landowner decides to sell or develop. Citywide Transportation Impact Fee This impact fee was established for the expansion of transportation facilities and travel lanes within the City. The following were the active projects funded by Transportation Impact fees in FY 2021-22: Page 121 of 1069 Item 6e Airport Area Transportation Impact Fee This impact fee was established for the expansion of transportation facilities in and around the airport area. On April 3, 2018, the City Council adopted a resolution in compliance with AB 1600 that consolidated this fee program into the Citywide Transportatio n Impact Fee Program. However, the fund is still active to properly account for the fees that were previously collected to be spent on transportation projects in the airport area. Currently, $606,761 has been held for more than five years; therefore, City Council needs to make findings regarding the funds held as part of the planned Prado Road Interchange which will mitigate transportation impacts in the airport area. All funds are anticipated to be collected and construction is programmed to initiate in summer 2025. Los Osos Valley Road Transportation Impact Fee This add-on impact fee was established 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, the fund recorded a liability for the reimbursement owed for an amount equal to the impact fees collected for the year. The City has an existing reimbursement agreement with Costco Wholesale Corporation for improvements already constructed at the LOVR interchange. San Luis Ranch Transportation Impact Fee The San Luis Ranch transportation impact fee was established for the expansion of transportation facilities in and around the San Luis Ranch area, the fee is distinguished from the Citywide TIF following the development agreement between the City and the San Luis Ranch developer. Orcutt Area Transportation Impact Fee The Orcutt area transportation impact fee was established for the expansion of transportation facilities in and around the Orcutt area. 1. Orcutt/Tank Roundabout Construction 2. Active Transportation Plan Implementation 3. Transportation Monitoring & Modeling Update 4. Traffic Model Update 5. Prado Road Bridge Widening 6. Railroad Safety Trail Taft to Pepper - 2018 7. Broad Street Corridor Access Improvements 8. LOVR Interchange Landscape 9. Higuera Street Widening Bridge to Elks 10. Prado Road Interchange 11. Bicycle Projects Page 122 of 1069 Item 6e Wastewater Impact Fee This impact fee was established for the expansion and improvement of facilities used for wastewater collection and treatment. The fees were used to fund project expenses or cover outstanding debt for the following projects: 1. Calle Joaquin Lift Station 2. Water Resource Recovery Facility (WRRF) Upgrade 3. Tank Farm Lift Station This fund is a pass-through to the Sewer Fund to separately account for wastewater impact fees collected and provide transparency. Debt service for the projects is paid directly from the Sewer Fund (602). Water Impact Fee This impact fee was established for the expansion and improvement of facilities used for water supply, water treatment, and water distribution. The fees were used for debt service for the following projects: 1. Nacimiento Pipeline 2. 2018/2006 Water Treatment Plant Refunding Debt Service 3. 2012 Water Refunding Debt Service Fees collected and retained were used for debt service to pay for new development's fair share for upgrades to the water treatment plant, the recycled water system, as well as the pipeline serving the City from Lake Nacimiento. This fund is a pass-through to the Water Fund to separately account for water impact fees collected and provide transparency. Debt service for the projects is paid directly from the Water Fund (601). Fire & Police Impact Fees These impact fees were established as part of the 2018 nexus study to help cover the cost of the City's public safety services and to renovate and maintain public safety related assets. Affordable Housing Inclusionary Fee This inclusionary fee was established to provide funding for the provision of affordable housing and for reasonable costs associated with the development of affordable housing, at the discretion of the Council. This is not an impact fee as defined by AB 1600 and the fund is included in this report for transparency and public engagement. Public Engagement This report was made public on December 21, 2022, so that interested parties can review the annual fee collection and applicable uses and disbursements information. Page 123 of 1069 Item 6e CONCURRENCE The Public Works, Community Development, and Utilities Departments concur with the information contained within this report. ENVIRONMENTAL REVIEW The California Environmental Quality Act does not apply to the recommended action in this report, because the action does not constitute a "Project" under CEQA Guidelines Sec. 15378. FISCAL IMPACT Budgeted: Yes Budget Year: 2021-22 Funding Identified: Yes Fiscal Analysis: Funding Sources Total Budget Available Current Funding Request Remaining Balance Annual Ongoing Cost General Fund $ $ $ $ State Federal Fees Other: Total $ $ $ $ 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 Council could choose not to make the findings called for in this report. This is not recommended as it would require reimbursement of certain impact fees collected under the program and present a monetary shortfall for many of the development related improvements. ATTACHMENTS A - Draft Resolution adopting the 2021-22 Annual Report on Development Impact Fees B - AB 1600 Development Impact Fee Annual Report C - Exhibit A- Fee Amounts D - Exhibit B- Impact Fees Distributed Page 124 of 1069 R _____ RESOLUTION NO. ______ (2023 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, ACCEPTING THE 2021-22 ANNUAL REPORT ON DEVELOPMENT IMPACT FEES REAFFIRMING THE NECESSITY FOR DEVELOPMENT IMPACT FEES AND MAKE FINDINGS RELATED TO IMPACT FEE BALANCES AND IN-LIEU FEES WHEREAS, the City of San Luis Obispo (“City”) has an established Development Impact Fee program and collects applicable fees accordingly; 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 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 NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. Recitals. All of the above recitals are true and correct and are incorporated herein by this reference. SECTION 2. Acceptance. The 2021-22 Annual Report on Development Impact Fees is hereby accepted. SECTION 3. Findings. The following findings are made as required under Government Code section 66001: 1. The purpose to which each Development Impact Fee is collected for has been identified. 2. There is a continued need for the improvements and that there is a reasonable relationship between the fee, the timing of the improvements, and the impacts for development for which the fees are collected. i. Excess funding in the Margarita Area Park Impact Fee Fund continues to be held since the land zoned for the park space is privately owned and the current owners are not interested in selling. The City still anticipates using the funds collected for the MASP park at the time the landowner decides to sell or develop the property. ii. Excess funding in the Airport Area Transportation Impact Fee Fund is held for the planned Prado Road Interchange which will mitigate transportation impacts in this area. Construction of the interchange is currently programmed to initiate in summer 2025. Page 125 of 1069 Resolution No. _______ (2023 Series) Page 2 R ______ 3. The sources and amounts of funding anticipated to complete the financing of capital projects have been identified and will be deposited into the appropriate account upon receipt or during the normal capital improvement program budget cycle. 4. A copy of the approved resolution shall be forwarded to the Finance Director for use in overseeing these monies. SECTION 4. These findings are based, in part, on information provided in the City of San Luis Obispo’s 2021-23 Capital Improvement Plan. Upon motion of _____________, seconded by ______________, and on the following roll call vote: AYES: NOES: ABSENT: The foregoing resolution was adopted this _____ day of __________________ 2023. __________________________ 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 126 of 1069 1 FISCAL YEAR 2021-22 City of San Luis Obispo, California AB 1600 DEVELOPMENT IMPACT FEE ANNUAL REPORT 2018 Page 127 of 1069 2 Table of Contents Definition of Development Impact Fess……………………………………………………………………. 3 Annual Report……………………………………………………………………………………………………...... 3 Park and Open Space Funds……………………………………………………………………………………... 5 Transportation Funds……………………………………………………………………………………….……. 12 Water and Sewer Funds…………………………………………………………………………………………. 18 Public Safety and Affordable Housing Funds…………………………………………………………... 21 Page 128 of 1069 3 City of San Luis Obispo AB 1600 Annual Report and Findings The City of San Luis Obispo has an adopted Development Fee program, governed under AB 1600 which is otherwise known as the Mitigation Fee Act and is codified in Government Code §§ 66000 et seq. The power to exact development impact fees arises from the city's police power to protect public health, safety, and welfare. (Cal. Const., Art. XI, § 7.) The police power allows a city to act in the interest of its citizenry and to enact and enforce ordinances and regulations that are not in conflict with state law. Charter cities have the additional power to regulate by virtue of their plenary authority with respect to municipal affairs. (Cal. Const., Art. XI, § 5.) AB 1600 Mitigation Fee Act 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).) Definition of Development Impact Fees A development impact fee is a monetary exaction other than a tax or special assessment that i s 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).) A development impact fee is not a tax or special assessment; by its definition, a 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.) Annual Accounting for Fees Funds collected for each capital facility or service shall be deposited in separate accounts and not commingled with any other funds for other impact fees. (Gov. Code § 66006(a).) While funds are accruing for individual capital facilities, the city must keep track of each fund and provide an annual report. (Gov. Code § 66006(b).) Annual Report This report is submitted to satisfy the requirements of AB 1600 and identifies the amount of each development impact fee collected, the disbursements made from each fee type, and the amount of interest apportioned to each fee balance during the 2021-22 fiscal year. Accompanying the report is information specifically prepared Page 129 of 1069 4 to reflect each fee type and the aging of the balance held by the City. Per AB1600, 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 Council must make specific findings to continue holding the fees. Otherwise, the fees are subject to refund. As required by law, the development impact fee report has been available for public inspection in the Finance Department, prior to the City Council’s public meeting. Notice was posted on the City Clerk’s bulletin board in front of City Hall on December 31, 2022. The schedules referred to above provide a breakdown of the individual fee balances on hand as of June 30, 2022, based on unaudited information. The Mitigation Fee Act requires that this report include the following information: 1. The amount of each fee. (Exhibit A) 2. The amount of developer fees disbursed on each project for the year just ended. (Exhibit B) 3. The amount of developer fees collected for the year just ended. (Exhibit C) 4. The amount of interest earned by the developer fees for the year just ended. 5. Any other income received that is related to the projects, if applicable. 6. The beginning and ending fund balance for each development fee account. 7. The total cost of projects undertaken during the last year and the percentage of the project cost paid out of developer fees. 8. The 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. 9. The amount and purpose of all inter-fund transfers during the last year. 10. The following is a brief description of the purpose of the fee and the nature of projects funded in the current year. Page 130 of 1069 5 AB 1600 Development Impact Fees Fund Details Park Development Impact Fee, Quimby Fees and Open Space Funds Page 131 of 1069 6 Parkland In-Lieu Quimby Fee - Fund 501 This parkland in-lieu fee was established per the AB 1191 Act, also known as the Quimby Act; it authorizes the City to require residential subdivisions to dedicate land for parks or pay fees instead of dedication. On the other hand, impact fees may be collected to pay for parkland (for projects not involving a subdivision), park improvements, community centers, recreation facilities, trails, open space, etc. Even though this is not an impact fee as defined by the AB 1600 Act, the fund is included in this report for transparency and public engagement. As of June 30, 2022, the fund balance of 501 was $3,107,198. No funds have been held for more than five years, regardless any amount is not subject to findings or refund per the Quimby Act. Of this balance, $143,044 is in the form of loans receivable for deferred payment of impact fees related to affordable housing developments. Exhibit B includes the list of projects funded with the $340,395 expended from this specific fund in the last fiscal year. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees 457,508$ 1,653,597$ 1,249,959$ 1,882,177$ 117,604$ Interest 24,617$ 119,458$ 137,453$ 941$ (84,394)$ Other Revenue (1,590)$ -$ -$ -$ 8,915$ Transfers In -$ -$ -$ 128,041$ Total Revenue 480,535$ 1,773,055$ 1,387,412$ 2,011,159$ 42,125$ Expenditures Expenses 217,193$ 34,321$ 206,514$ 12,023$ 340,395$ Reimbursements -$ 573,419$ -$ -$ Transfers Out**160,000$ -$ -$ 3,303,228$ Total Expenditures 377,193$ 607,740$ 206,514$ 3,315,251$ 340,395$ Fund Balance Beginning Year 2,260,005$ 2,363,347$ 3,528,662$ 4,709,560$ 3,405,468$ Fund Balance End of Year 2,363,347$ 3,528,662$ 4,709,560$ 3,405,468$ 3,107,198$ Loans Receivable*143,044$ Available Fund Balance End of Year 2,363,347$ 3,528,662$ 4,709,560$ 3,405,468$ 2,964,154$ *Loans receivable reduce the amount of funding available for future spending and represent deferred income Five-Year Revenue Test Current Fiscal Year 33,210$ Prior Fiscal Year (2 yr-old Funds)1,883,118$ Prior Fiscal Year (3 yr-old Funds)322,755$ Prior Fiscal Year (4 yr-old Funds)847,667$ Prior Fiscal Year (5 yr-old Funds)127,885$ Funds Attributed to Last Five Years 3,214,635$ In Excess of Five Prior Fiscal Years (107,437)$ Not subject to findings or refund per Quimby Fee Act Total Ending Balance 3,107,198$ **Transfer to other funds for transparency. $958,944 prior to FY 17-18; $354,240 FY 2017-18; $925,388 FY 18-19; $430,022 FY 19-20; Page 132 of 1069 7 Open Space Protection Impact Fee – Fund 502 This impact fee was established to address the need to acquire new open space lands commensurate with similar land lost to development projects. As of June 30, 2022, the fund balance of 502 was $12,949, no fees were collected associated with the Open Space Protection Fund, and no balance attributed to impact fees has been held in the last 5 years. The fund balance at the beginning of fiscal year 17-18 is attributable to other funding sources and is not impact fees related. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ -$ -$ 5$ -$ Interest 7,025$ 9,905$ (383)$ -$ (467)$ Other Revenue (512)$ 89,559$ 200,000$ -$ -$ Transfers In -$ -$ -$ -$ -$ Total Revenue 6,513$ 99,464$ 199,617$ 5$ (467)$ Expenditures Expenses -$ 839,792$ 34,235$ (1)$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ 6,900$ Total Expenditures -$ 839,792$ 34,235$ (1)$ 6,900$ Fund Balance Beginning Year 588,743$ 595,256$ (145,072)$ 20,310$ 20,316$ Fund Balance End of Year 595,256$ (145,072)$ 20,310$ 20,316$ 12,949$ Five-Year Revenue Test Balances from other revenue (5 years)6,513$ Balances from Impact Fees (5 years)-$ If number positive - funds subject to findings or refund Page 133 of 1069 8 Citywide Parkland Development Impact Fee – Fund 510 This impact fee was established for the acquisition of land to construct community parks intended for access and use by the entire city. Starting the fiscal year 20-21, a reorganization of the impact fees chart of accounts was approved to facilitate the accounting, controlling, and reporting of development impact fees. Fund 510 was created to separate the accounting of citywide development impact fees from Quimby in-lieu fees. Transfers from the Parkland In-Lieu Quimby Fee Fund have been attributed to fiscal year 19-20. As of June 30, 2022, the fund balance of 510 was $658,029 and no Parkland Development Impact Fees funds have been held longer than five years. Of this balance, $446,826 is in the form of loans receivable for deferred payment of impact fees related to affordable housing developments. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ -$ -$ 231,592$ 121,734$ Interest -$ -$ -$ 88$ (13,138)$ Other Revenue -$ -$ -$ -$ -$ Transfers In -$ -$ -$ 317,753$ -$ Total Revenue -$ -$ -$ 549,433$ 108,596$ Expenditures Expenses -$ -$ -$ -$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ -$ Total Expenditures -$ -$ -$ -$ -$ Fund Balance Beginning Year -$ -$ -$ -$ 549,433$ Fund Balance End of Year -$ -$ -$ 549,433$ 658,029$ Loans Receivable*446,826$ Available Fund Balance End of Year -$ -$ -$ 549,433$ 211,203$ *Loans receivable reduce the amount of funding available for future spending and represent deferred income Five-Year Revenue Test Current Fiscal Year 108,596$ Prior Fiscal Year (2 yr-old Funds)231,680$ Prior Fiscal Year (3 yr-old Funds)317,753$ Prior Fiscal Year (4 yr-old Funds)-$ Prior Fiscal Year (5 yr-old Funds)-$ Funds Attributed to Last Five Years 658,029$ In Excess of Five Prior Fiscal Years -$ If number positive - funds subject to findings or refund Total Ending Balance 658,029$ **Transfer from Fund 501 for transparency. $317,753 FY 19-20 Page 134 of 1069 9 Citywide Park Improvement Impact Fee – Fund 519 This impact fee was established for the improvement of new and existing community parks intended for access and use by the entire city. This fund was also created with the reorganization of the chart of accounts to account separately for Citywide Park Improvement Impact Fees. Transfers from the Parkland In-Lieu Quimby Fee Fund have been attributed to fiscal year 19-20. As of June 30, 2022, the fund balance of 510 was $1,008,615 and no Park Improvement Impact Fees funds have been held longer than five years. Of this balance, $82,807 is in the form of loans receivable for deferred payment of impact fees related to affordable housing developments. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ -$ -$ 517,621$ 190,868$ Interest -$ -$ -$ 108$ (20,015)$ Other Revenue -$ -$ -$ -$ -$ Transfers In**-$ -$ -$ 320,033$ -$ Total Revenue -$ -$ -$ 837,762$ 170,853$ Expenditures Expenses -$ -$ -$ -$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ -$ Total Expenditures -$ -$ -$ -$ -$ Fund Balance Beginning Year -$ -$ -$ -$ 837,762$ Fund Balance End of Year -$ -$ -$ 837,762$ 1,008,615$ Loans Receivable*82,807$ Available Fund Balance End of Year -$ -$ -$ 837,762$ 925,808$ *Loans receivable reduce the amount of funding available for future spending and represent deferred income Five-Year Revenue Test Current Fiscal Year 170,853$ Prior Fiscal Year (2 yr-old Funds)517,729$ Prior Fiscal Year (3 yr-old Funds)320,033$ Prior Fiscal Year (4 yr-old Funds)-$ Prior Fiscal Year (5 yr-old Funds)-$ Funds Attributed to Last Five Years 1,008,615$ In Excess of Five Prior Fiscal Years -$ If number positive - funds subject to findings or refund Total Ending Balance 1,008,615$ **Transfer from Fund 501 for transparency. $320,033 FY 19-20 Page 135 of 1069 10 Orcutt Area Park Impact Fee – Fund 511 This impact fee was established for the acquisition and improvement of community parks and existing park facilities intended for access and use by the entire city but specifically by the Orcutt Area residents. Fund 511 was also created as part of the reorganization of the development impact fees charts of accounts to facilitate the accounting of park fees related to the Orcutt Area Specific Plan Development Agreement. Transfers from the Parkland In-Lieu Quimby Fee Fund have been attributed to their corresponding fiscal year. As of June 30, 2022, the fund balance of 510 was $2,043,551 and no Orcutt Area Impact Fees funds have been held longer more than five years. $284,404 was reimbursed to Righetti Ranch, LLC as part of a reimbursement agreement in place based on the private land this developer dedicated for the construction of a park in Orcutt area. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ -$ -$ 1,277,620$ 130,976$ Interest -$ -$ -$ 378$ (51,551)$ Other Revenue -$ -$ -$ -$ -$ Transfers In*-$ -$ -$ 1,355,410$ -$ Total Revenue -$ -$ -$ 2,633,408$ 79,425$ Expenditures Expenses -$ -$ -$ -$ -$ Reimbursements -$ -$ -$ 366,801$ 284,404$ Transfers Out -$ -$ -$ 18,077$ -$ Total Expenditures -$ -$ -$ 384,878$ 284,404$ Fund Balance Beginning Year -$ -$ -$ -$ 2,248,530$ Fund Balance End of Year -$ -$ -$ 2,248,530$ 2,043,551$ Five-Year Revenue Test Current Fiscal Year 79,425$ Prior Fiscal Year (2 yr-old Funds)1,277,998$ Prior Fiscal Year (3 yr-old Funds)430,022$ Prior Fiscal Year (4 yr-old Funds)925,388$ Prior Fiscal Year (5 yr-old Funds)-$ Funds Attributed to Last Five Years 2,712,833$ In Excess of Five Prior Fiscal Years (669,282)$ If number positive - funds subject to findings or refund Total Ending Balance 2,043,551$ *Transfer from Fund 501 for transparency. $430,022 FY 19-20; $925,388 FY 18-19 Page 136 of 1069 11 Margarita Area Park Impact Fee – Fund 512 This impact fee was established for the acquisition and improvement of community parks and existing park facilities intended for access and use by the entire city but specifically by the Margarita area residents. This is a new fund created with the reorganization of the chart of accounts to account separately for fees collected in this specific area. Transfers from the Parkland In-Lieu Quimby Fee Fund have been attributed to their corresponding fiscal year. As of June 30, 2022, the fund balance of 512 was $1,668,915 and a total of $958,944 has been held for more than five years. Therefore, the City Council needs to make a finding regarding the need of the funding and an approximate timeline for use of the funding. Finding: The park planned to be constructed in the Margarita area includes various funding sources such as General fund allocations, impact fees and grants. Currently, the project is on hold since the land zoned for park space is privately owned and the current owners are not interested in selling. The City still anticipates using the funds collected for the MASP park at the time the landowner decides to sell or develop. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ -$ -$ 319,388$ 74,989$ Interest -$ -$ -$ 269$ (38,915)$ Other Revenue -$ -$ -$ -$ -$ Transfers In*-$ -$ -$ 1,313,184$ -$ Total Revenue -$ -$ -$ 1,632,841$ 36,074$ Expenditures Expenses -$ -$ -$ -$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ -$ Total Expenditures -$ -$ -$ -$ -$ Fund Balance Beginning Year -$ -$ -$ -$ 1,632,841$ Fund Balance End of Year -$ -$ -$ 1,632,841$ 1,668,915$ Five-Year Revenue Test Current Fiscal Year 36,074$ Prior Fiscal Year (2 yr-old Funds)319,657$ Prior Fiscal Year (3 yr-old Funds)-$ Prior Fiscal Year (4 yr-old Funds)-$ Prior Fiscal Year (5 yr-old Funds)354,240$ Funds Attributed to Last Five Years 709,971$ In Excess of Five Prior Fiscal Years 958,944$ If number positive - funds subject to findings or refund Total Ending Balance 1,668,915$ *Transfer from Fund 501 for transparency. $354,240 FY 17-18; $958,944 prior years Page 137 of 1069 12 Transportation Development Impact Fee Funds Page 138 of 1069 13 Citywide Transportation Impact Fee – Fund 507 This impact fee was established for the expansion of transportation facilities and travel lanes within the City. Exhibit B contains several active projects that were funded by this fee for which a total of $3,208,929 was expended in the last fiscal year. Also, $312,152 was reimbursed to developers upon stipulations contained in different reimbursement agreements in place. As of June 30, 2022, the fund balance of 507 was $7,203,097 and no funds were held for longer than five years. Of this balance, $1,164,368 is in the form of loans receivable for deferred payment of impact fees related to affordable housing developments. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees 1,230,254$ 2,034,421$ 2,157,533$ 3,065,470$ 1,715,909$ Interest 558$ 261,924$ 252,654$ 2,509$ (236,024)$ Other Revenue (6,208)$ 41,964$ -$ -$ -$ Transfers In -$ -$ -$ -$ -$ Total Revenue 1,224,604$ 2,338,309$ 2,410,187$ 3,067,979$ 1,479,885$ Expenditures Expenses 1,657,916$ 1,250,571$ 1,186,114$ 1,542,832$ 3,208,929$ Reimbursements -$ -$ -$ 367,755$ 312,156$ Transfers Out 250,000$ 250,000$ 280,000$ 288,751$ 280,000$ Total Expenditures 1,907,916$ 1,500,571$ 1,466,114$ 2,199,338$ 3,801,085$ Fund Balance Beginning Year 7,557,157$ 6,873,845$ 7,711,583$ 8,655,656$ 9,524,297$ Fund Balance End of Year 6,873,845$ 7,711,583$ 8,655,656$ 9,524,297$ 7,203,097$ Loans Receivable*1,164,368$ Available Fund Balance End of Year 6,873,845$ 7,711,583$ 8,655,656$ 9,524,297$ 6,038,729$ *Loans receivable reduce the amount of funding available for future spending and represent deferred income Five-Year Revenue Test Current Fiscal Year 1,479,885$ Prior Fiscal Year (2 yr-old Funds)3,067,979$ Prior Fiscal Year (3 yr-old Funds)2,410,187$ Prior Fiscal Year (4 yr-old Funds)2,296,345$ Prior Fiscal Year (5 yr-old Funds)1,230,812$ Funds Attributed to Last Five Years 10,485,208$ In Excess of Five Prior Fiscal Years (3,282,111)$ If number positive - funds subject to findings or refund Total Ending Balance 7,203,097$ Page 139 of 1069 14 Airport Area Transportation Impact Fee – Fund 503 This impact fee was established for the expansion of transportation facilities in and around the airport area. On April 3, 2018, the City Council adopted a resolution in compliance with AB1600 that consolidated this fee program into the Citywide Transportation Impact Fee Program. However, the fund is still active to properly account for the fees that were collected in the past and that must be spent on transportation projects specifically in the Airport area. As of June 30, 2022, the fund balance of 503 was $675,536 and $606,761 has been held for more than five years. Therefore, the City Council needs to make a finding regarding the need of the funding and an approximate timeline for use of the funding. Finding: The funds held as part of the planned Prado Road Interchange will mitigate transportation impacts in this area. All funds are anticipated to be collected and construction is programmed to initiate in summer 2025. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ 2,097$ 827$ 400$ 1,508$ Interest 12,259$ 39,168$ 33,425$ 262$ (21,171)$ Other Revenue -$ -$ -$ -$ Transfers In -$ -$ -$ -$ -$ Total Revenue 12,259$ 41,265$ 34,252$ 662$ (19,663)$ Expenditures Expenses -$ 8,992$ 46,188$ 245,534$ 201,495$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ -$ Total Expenditures -$ 8,992$ 46,188$ 245,534$ 201,495$ Fund Balance Beginning Year 1,108,970$ 1,121,229$ 1,153,502$ 1,141,566$ 896,694$ Fund Balance End of Year 1,121,229$ 1,153,502$ 1,141,566$ 896,694$ 675,536$ Five-Year Revenue Test Current Fiscal Year (19,663)$ Prior Fiscal Year (2 yr-old Funds)662$ Prior Fiscal Year (3 yr-old Funds)34,252$ Prior Fiscal Year (4 yr-old Funds)41,265$ Prior Fiscal Year (5 yr-old Funds)12,259$ Funds Attributed to Last Five Years 68,775$ In Excess of Five Prior Fiscal Years 606,761$ If number positive - funds subject to findings or refund Total Ending Balance 675,536$ Page 140 of 1069 15 Los Osos Valley Road Transportation Impact Fee – Fund 504 This add-on impact fee was established 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, this fund is in place to record the amounts collected that must be reimbursed to Costco Wholesale Corporation for the improvements already constructed at the LOVR interchange. As of June 30, 2022, the fund balance of 504 was $584,365 and no funds have been held longer than 5 years. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ 586,015$ -$ -$ 126,726$ Interest 3,091$ 29,509$ 26,656$ 124$ (12,091)$ Other Revenue -$ -$ -$ -$ Transfers In -$ -$ -$ -$ -$ Total Revenue 3,091$ 615,524$ 26,656$ 124$ 114,635$ Expenditures Expenses 34,518$ -$ 270,094$ -$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ -$ Total Expenditures 34,518$ -$ 270,094$ -$ -$ Fund Balance Beginning Year 128,947$ 97,520$ 713,044$ 469,606$ 469,730$ Fund Balance End of Year 97,520$ 713,044$ 469,606$ 469,730$ 584,365$ Five-Year Revenue Test Current Fiscal Year 114,635$ Prior Fiscal Year (2 yr-old Funds)124$ Prior Fiscal Year (3 yr-old Funds)26,656$ Prior Fiscal Year (4 yr-old Funds)615,524$ Prior Fiscal Year (5 yr-old Funds)3,091$ Funds Attributed to Last Five Years 760,030$ In Excess of Five Prior Fiscal Years (175,665)$ If number positive - funds subject to findings or refund Total Ending Balance 584,365$ Page 141 of 1069 16 San Luis Ranch Transportation Impact Fee – Fund 514 This impact fee was established for the expansion of transportation facilities in and around the San Luis Ranch area, the fee is distinguished from the Citywide TIF following the development agreement between the City and San Luis Ranch LLC. The agreement was approved and adopted by Council in 2018. As of June 30, 2022, the fund balance of 514 was $438,855 and no funds have been held longer than 5 years. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ -$ -$ -$ 457,690$ Interest -$ -$ -$ -$ (2,187)$ Other Revenue -$ -$ -$ -$ -$ Transfers In -$ -$ -$ -$ 10,000$ Total Revenue -$ -$ -$ -$ 465,503$ Expenditures Expenses -$ -$ -$ -$ 6,648$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ -$ Total Expenditures -$ -$ -$ -$ 6,648$ Fund Balance Beginning Year -$ -$ -$ -$ -$ Fund Balance End of Year -$ -$ -$ -$ 458,855$ Five-Year Revenue Test Current Fiscal Year 465,503$ Prior Fiscal Year (2 yr-old Funds)-$ Prior Fiscal Year (3 yr-old Funds)-$ Prior Fiscal Year (4 yr-old Funds)-$ Prior Fiscal Year (5 yr-old Funds)-$ Funds Attributed to Last Five Years 465,503$ In Excess of Five Prior Fiscal Years (6,648)$ If number positive - funds subject to findings or refund Total Ending Balance 458,855$ Page 142 of 1069 17 Orcutt Area Transportation Impact Fee – Fund 515 This impact fee was established for the expansion of transportation facilities in and around the Orcutt area. As of June 30, 2022, the fund balance of 515 was $1,392,255 and no funds have been held longer than 5 years. This fund was also created with the reorganization of the chart of accounts to account separately for Orcutt Area Transportation Impact Fees following the Orcutt Area Specific Plan Agreement in place. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ -$ -$ 909,090$ 728,999$ Interest -$ -$ -$ 51$ (29,355)$ Other Revenue -$ -$ -$ -$ -$ Transfers In -$ -$ -$ -$ -$ Total Revenue -$ -$ -$ 909,141$ 699,645$ Expenditures Expenses -$ -$ -$ 216,531$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ -$ Total Expenditures -$ -$ -$ 216,531$ -$ Fund Balance Beginning Year -$ -$ -$ -$ 692,610$ Fund Balance End of Year -$ -$ -$ 692,610$ 1,392,255$ Five-Year Revenue Test Current Fiscal Year 699,645$ Prior Fiscal Year (2 yr-old Funds)909,141$ Prior Fiscal Year (3 yr-old Funds)-$ Prior Fiscal Year (4 yr-old Funds)-$ Prior Fiscal Year (5 yr-old Funds)-$ Funds Attributed to Last Five Years 1,608,786$ In Excess of Five Prior Fiscal Years (216,531)$ If number positive - funds subject to findings or refund Total Ending Balance 1,392,255$ Page 143 of 1069 18 Water and Sewer Development Impact Fee Funds Page 144 of 1069 19 Wastewater Impact Fee – Fund 506 This impact fee was established for the expansion and improvement of facilities used for sewer collection and sewer treatment. As of June 30, 2022 the fund balance of 506 was $1,584,308 and no funds were held for longer than five years. Of this balance, $785,563 is in the form of loans receivable for deferred payment of impact fees related to affordable housing developments. Since debt service of the projects funded with impact fees are done from the Sewer Fund, 506 is used as a pass-through to 602 to separately account for wastewater impact fees collected for transparency. Exhibit B contains the list of projects that were funded with debt paid by this fee (and other funding sources) for which a total of $2,674,777 was transferred out in the last fiscal year. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees 811,229$ 2,028,174$ 2,582,197$ 3,822,469$ 3,685,008$ Interest -$ -$ 35,834$ 413$ (8,029)$ Other Revenue (22,861)$ -$ -$ -$ -$ Transfers In -$ -$ -$ -$ -$ Total Revenue 788,368$ 2,028,174$ 2,618,031$ 3,822,882$ 3,676,978$ Expenditures Expenses 528,666$ 1,197,917$ 528,666$ -$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ 3,836,955$ 2,674,777$ Total Expenditures 528,666$ 1,197,917$ 528,666$ 3,836,955$ 2,674,777$ Fund Balance Beginning Year (2,583,145)$ (2,323,443)$ (1,493,186)$ 596,179$ 582,106$ Fund Balance End of Year (2,323,443)$ (1,493,186)$ 596,179$ 582,106$ 1,584,308$ Loans Receivable*798,745$ Available Fund Balance End of Year (2,323,443)$ (1,493,186)$ 596,179$ 582,106$ 785,563$ *Loans receivable reduce the amount of funding available for future spending and represent deferred income Five-Year Revenue Test Current Fiscal Year 3,676,978$ Prior Fiscal Year (2 yr-old Funds)3,822,882$ Prior Fiscal Year (3 yr-old Funds)2,618,031$ Prior Fiscal Year (4 yr-old Funds)2,028,174$ Prior Fiscal Year (5 yr-old Funds)811,229$ Funds Attributed to Last Five Years 12,957,294$ In Excess of Five Prior Fiscal Years (11,372,987)$ If number positive - funds subject to findings or refund Total Ending Balance 1,584,308$ Page 145 of 1069 20 Water Impact Fee – Fund 509 This fee was established for the expansion and improvement of facilities used for water supply, water treatment, and water distribution. Fees collected and retained were used to pay the debt service of new development’s fair share for upgrades to the water treatment plant, the recycled water system, as well as the pipeline serving the City from Nacimiento Lake. In fiscal year 2021-22, $5,160,020 was collected in impact fees, while $3,343,771 was transferred out to the water fund (601) for debt service. No funds were held longer than five years. Of the balance, $1,476,189 is in the form of loans receivable for deferred payment of impact fees related to affordable housing developments. Fund 509 was created as part of the reorganization of the impact fees chart of accounts for better accountancy, control, and transparency of water-related impact fees funds. 509 is a pass-through fund to 601. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees 2,131,345$ 3,745,666$ 3,723,460$ 4,744,361$ 5,160,020$ Interest -$ -$ -$ 59$ (597)$ Other Revenue (17,875)$ -$ -$ -$ -$ Transfers In -$ -$ -$ -$ -$ Total Revenue 2,113,470$ 3,745,666$ 3,723,460$ 4,744,420$ 5,159,422$ Expenditures Expenses 4,330,340$ 2,959,368$ 4,330,340$ 4,746,439$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ 3,343,771$ Total Expenditures 4,330,340$ 2,959,368$ 4,330,340$ 4,746,439$ 3,343,771$ Fund Balance Beginning Year (678,104)$ (2,894,974)$ (2,108,676)$ (2,715,556)$ (2,717,575)$ Fund Balance End of Year (2,894,974)$ (2,108,676)$ (2,715,556)$ (2,717,575)$ (901,924)$ Loans Receivable*1,476,189$ Available Fund Balance End of Year (2,894,974)$ (2,108,676)$ (2,715,556)$ (2,717,575)$ (2,378,113)$ *Loans receivable reduce the amount of funding available for future spending and represent deferred income Five-Year Revenue Test Current Fiscal Year 5,159,422$ Prior Fiscal Year (2 yr-old Funds)4,744,420$ Prior Fiscal Year (3 yr-old Funds)3,723,460$ Prior Fiscal Year (4 yr-old Funds)3,745,666$ Prior Fiscal Year (5 yr-old Funds)2,131,345$ Funds Attributed to Last Five Years 19,504,313$ In Excess of Five Prior Fiscal Years (20,406,237)$ If number positive - funds subject to findings or refund Total Ending Balance (901,924)$ Page 146 of 1069 21 Public Safety Development Impact Fees and Affordable Housing Inclusionary Fee Funds Page 147 of 1069 22 Fire Impact Fee – Fund 516 This impact fee was established as part of the 2018 nexus study to help cover the cost of the City’s Fire Services. It will also be used to renovate and maintain fire assets. As of June 30, 2022, the fund balance of 516 was $200,219 and no funds were held for longer than five years. Of this balance, $78,276 is in the form of loans receivable for deferred payment of impact fees related to affordable housing developments. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ -$ -$ 66,113$ 64,597$ Interest -$ -$ -$ 10$ (16,497)$ Other Revenue -$ -$ -$ -$ -$ Transfers In -$ -$ -$ -$ 85,996$ Total Revenue -$ -$ -$ 66,123$ 134,096$ Expenditures Expenses -$ -$ -$ -$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ -$ Total Expenditures -$ -$ -$ -$ -$ Fund Balance Beginning Year -$ -$ -$ -$ 66,123$ Fund Balance End of Year -$ -$ -$ 66,123$ 200,219$ Loans Receivable*78,276$ Available Fund Balance End of Year -$ -$ -$ 66,123$ 121,943$ *Loans receivable reduce the amount of funding available for future spending and represent deferred income Five-Year Revenue Test Current Fiscal Year 134,096$ Prior Fiscal Year (2 yr-old Funds)66,123$ Prior Fiscal Year (3 yr-old Funds)-$ Prior Fiscal Year (4 yr-old Funds)-$ Prior Fiscal Year (5 yr-old Funds)-$ Funds Attributed to Last Five Years 200,219$ In Excess of Five Prior Fiscal Years -$ If number positive - funds subject to findings or refund Total Ending Balance 200,219$ Page 148 of 1069 23 Police Impact Fee – Fund 517 This impact fee was also established as part of the 2018 nexus study to help cover the cost of the City’s Police and public safety services. It will also be used to renovate and maintain public safety assets. As of June 30, 2022, the fund balance of 517 was $245,44 and no funds were held for longer than five years. Of this balance, $56,781 is in the form of loans receivable for deferred payment of impact fees related to affordable housing developments. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees -$ -$ -$ 72,645$ 89,876$ Interest -$ -$ -$ 11$ (19,445)$ Other Revenue -$ -$ -$ -$ -$ Transfers In -$ -$ -$ -$ 102,359$ Total Revenue -$ -$ -$ 72,656$ 172,790$ Expenditures Expenses -$ -$ -$ -$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ -$ -$ -$ -$ Total Expenditures -$ -$ -$ -$ -$ Fund Balance Beginning Year -$ -$ -$ -$ 72,656$ Fund Balance End of Year -$ -$ -$ 72,656$ 245,446$ Loans Receivable*56,781$ Available Fund Balance End of Year -$ -$ -$ 72,656$ 188,665$ *Loans receivable reduce the amount of funding available for future spending and represent deferred income Five-Year Revenue Test Current Fiscal Year 172,790$ Prior Fiscal Year (2 yr-old Funds)72,656$ Prior Fiscal Year (3 yr-old Funds)-$ Prior Fiscal Year (4 yr-old Funds)-$ Prior Fiscal Year (5 yr-old Funds)-$ Funds Attributed to Last Five Years 245,446$ In Excess of Five Prior Fiscal Years -$ If number positive - funds subject to findings or refund Total Ending Balance 245,446$ Page 149 of 1069 24 Affordable Housing Inclusionary Fee - Fund 505 This inclusionary fee was established to provide funding for the provision of affordable housing and for reasonable costs associated with the development of affordable housing, at the discretion of the City Council, even though is not an impact fee as defined by AB 1600, the fund is included in this report for transparency and public engagement. As of June 30, 2022 the fund balance of 505 was $9,784,739. Of this balance, $9,001,843 is in the form of loans receivable for deferred payment of impact fees related to affordable housing developments. Even though $7,486,437 has been held for more than five years, this amount is not subject to findings or refund since it is not an impact fee. During FY 21-22, $1,035,000 of the fund balance was provided in new loans for affordable housing projects. Last Five Fiscal Years Description FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 Revenue Fees 359,150$ 1,193,099$ 17,737$ 10,600$ 411,875$ Interest 6,051$ 112,574$ 73,778$ 224,368$ (37,152)$ Other Revenue 162,599$ 12,501$ -$ -$ 153,171$ Transfers In -$ -$ -$ -$ -$ Total Revenue 527,800$ 1,318,174$ 91,515$ 234,968$ 527,894$ Expenditures Expenses 850,000$ 710,000$ 329,999$ -$ Reimbursements -$ -$ -$ -$ -$ Transfers Out -$ 17,000$ 57,000$ 58,200$ 87,000$ Total Expenditures/Uses 850,000$ 727,000$ 386,999$ 58,200$ 87,000$ Fund Balance Beginning Year, as restated 2,567,000$ 2,244,800$ 8,885,403$ 9,006,961$ 9,343,845$ Fund Balance End of Year 2,244,800$ 2,835,974$ 8,589,919$ 9,183,729$ 9,784,739$ Loans Receivable*6,099,429$ 7,786,471$ 9,001,843$ Available Fund Balance End of Year 2,244,800$ 2,835,974$ 2,490,490$ 1,397,258$ 782,896$ *Loans receivable reduce the amount of funding available for future spending and represent deferred income Five-Year Revenue Test Current Fiscal Year 374,723$ Prior Fiscal Year (2 yr-old Funds)234,968$ Prior Fiscal Year (3 yr-old Funds)17,737$ Prior Fiscal Year (4 yr-old Funds)1,305,673$ Prior Fiscal Year (5 yr-old Funds)365,201$ Funds Attributed to Last Five Years 2,298,302$ In Excess of Five Prior Fiscal Years 7,486,437$ Not subject to findings or refund - not an Impact Fee Total Ending Balance 9,784,739$ Page 150 of 1069 25 Page 151 of 1069 Page 152 of 1069 Transportation (Citywide)(1)Transportation (San Luis Ranch Subarea)Transportation (LOVR Subarea)Citywide Transportation (Orcutt Specific Plan Area Vested) Prior to 7/1/2018Transportation (LOVR Add on Fee- Avila Ranch)Transportation (LOVR Add on Fee- All other Areas) [4]Transportation (Orcutt Specific Plan Area Add on) [1]Transportation (Orcutt Specific Plan Area Add on Vested) Prior to 7/1/2018 [1]ResidentialSingle Family≥ 1,400 sq. ft. (fees are per unit)$12,075.72 $9,385.37 $10,951.75 $4,424.82 $2,566.05 $2,449.10 $18,869.91 $20,008.61700 to 1,399 sq. ft. (fees are per sq. ft.)$8.63$6.70$7.82N/A N/A N/AN/A≤ 699 sq. ft. (fees are per unit)$6,037.87$4,692.69$5,475.87 $4,424.82 $2,566.05 $2,449.10 $18,869.91 $20,008.61Multifamily ≥ 1,100 sq. ft. (fees are per unit)$9,382.13$7,291.90$8,508.87 $3,930.77 $1,204.68 $1,640.67 $13,182.28 $13,977.50550 to 1,099 sq. ft. (fees are per sq. ft.)$8.53$6.63$7.74N/A N/A N/AN/A≤ 549 sq. ft. (fees are per unit)$4,691.07$3,645.94$4,254.42 $3,930.77 $1,204.68 $1,652.03 $13,182.28 $13,977.50Non-ResidentialOffice (fees are per sq. ft.)$11.65$9.06$10.57$8.88 $3.48 $3.48N/AN/AService (fees are per sq. ft.)$11.65$9.06$10.57$3.48 $3.48 $3.48N/AN/ARetail (fees are per sq. ft.) [2]$16.93$12.47$15.35$9.33 $27.43 $21.80N/AN/AIndustrial (fees are per sq. ft.)$6.78$5.56$6.50$1.93 $1.93N/AN/AInstitutional (fees are per sq. ft.)$13.72$10.66$12.43$1.49 $1.49N/AN/ALodging (fees are per room)$4,872.03$3,786.58$4,418.54$1,494.21 $1,494.21N/AN/ASpecialty (fees are per ADT) (2)$742.78$576.94$673.36 $412.29 $2,449.10 $2,449.10 $2,075.88 $2,201.16Per PM Trip Per PM Trip[1] The Orcutt Area Specific Plan Transportation Fee is in addition to Citywide Transportation Impact Fees.  See Council Agenda Report dated 10‐16‐2018[3] Fees shown are subject to an addiional 1.75% administrative charge when special calculations are required.[4] The LOVR interchange Fee is in adition to the Citywide Transportation Impact Fee.  The last update of the fee occurred in 2019.See Council Agenda Report dated 7‐2‐21019Transportation Impact FeesFY 2021-22 Rate[2] All OASP retail Transportation "Add On" fees are paid for via residential land uses (There is no OASP fee for retail).  However, Retail is responsible for paying "Citywide" transpoartion ees as well as safety impact fees.  Office is shown in Work/Live units are porposed within the Specific Plan Area. Any other uses will use the Specialty fee for caclulating transportation impact feesPage 153 of 1069 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)$3,670.93 n/a $3,355.21 $8,049.12 Multifamily Condominium (per Dwelling unit)$2,643.39 n/a $2,416.22 $5,988.00 Residential, No Subdivision Single Family (per Dwelling Unit)n/a $3,670.93 $3,355.21 Multifamily Apartment (per Dwelling unit)n/a $1,697.41 $2,416.22 $5,988.00 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)$13,767.02 $12,785.98 801 to 1,200 sq. ft. (fees are per unit)$11,013.62 $10,288.83 451 to 800 sq. ft. (fees are per unit)$9,636.91 $9,003.46 ≤ 450 sq. ft. (fees are per unit)$4,154.26 $3,834.86 Mobile/Manufactured Home (per Dwelling Unit) Mobile/Manufactured Home $8,308.51 $7,672.06 Non-Residential (by Meter Size) 3/4" meter $13,847.52 $12,785.98 1" meter $23,540.33 $21,735.93 1.5" meter $47,081.83 $43,471.87 2" meter $74,776.89 $69,043.83 3" meter $147,306.64 $136,809.75 4" meter $229,908.75 $213,525.62 6" meter $459,818.67 $427,051.26 Police (Citywide)Fire (Citywide) Residential Single Family Per unit $794.64 $676.87 Multifamily Per unit $572.18 $487.72 Non-Residential Office (fees are per sq. ft.)$0.52 $0.45 Service (fees are per sq. ft.)$0.28 $0.25 Retail (fees are per sq. ft.)$0.28 $0.25 Industrial (fees are per sq. ft.)$0.21 $0.18 Institutional (fees are per sq. ft.)$0.28 $0.25 Lodging (fees are per room)$158.21 $134.43 Specialty (fees are per ADT) (2) Requires Calculation Requires Calculation Water and Wastewater Impact Fees FY 2021-22 Rate Emergency Services Impact Fees FY 2021-22 Rate FY 2021-22 Rate Page 154 of 1069 City of San Luis Obispo Exhibit B Distribution of AB 1600 Development Impact Fees Report for Fiscal Year Ended June 30, 2022 Parkland In-Lieu Quimby Fee (Fund 501) Project Number Project Name Fee Amount Allocated to Project Percent Funded by Quimby Fees Quimby Fee Expenditures 91683 North Broad Street Park 37,070$ 100%37,070$ 1000188 Mitchell Park Picketball Courts 4,054$ 100%4,054$ 1000190 Emerson Park Fitness Court 299,272$ 100%299,272$ Totals 340,395$ 340,395$ Citywide Transportation Development Impact Fee (Fund 507) Project Number Project Name Fee Amount Allocated to Project Percent Funded by Impact Fees Impact Fee Expenditures 1000164 Orcutt/Tank Farm Roundabout Construction 1,638,144$ 100%1,638,144$ 1000502 Active Transportation Plan Implementation 1,522$ 100%1,522$ 1000537 Transportation Monitoring & Modeling Update 500$ 100%500$ 90949 Traffic Model Update 7,247$ 100%7,247$ 91252 Prado Road Bridge Widening 117,696$ 100%117,696$ 91375 Railroad Safety Trail Taft to Pepper - 2018 1,009,619$ 100%1,009,619$ 91609 Broad Street Corridor Access Improvements 162,282$ 100%162,282$ 91435 LOVR Interchange Landscape 10,000$ 100%10,000$ 91610 Higuera Street Widening Bridge to Elks 2,284$ 100%2,284$ 91613 Prado Road Interchange 265,019$ 100%265,019$ 99615 Bicycle Projects (5,384)$ 100%(5,384)$ Totals 3,208,929$ 3,208,929$ Airport Area Transportation Development Impact Fee (Fund 503) Project Number Project Name Fee Amount Allocated to Project Percent Funded by Impact Fees Impact Fee Expenditures 91252 Prado Road Bridge Widening 201,495$ 100%201,495$ Totals 201,495$ 201,495$ San Luis Ranch Transportation Development Impact Fee (Fund 514) Project Number Project Name Fee Amount Allocated to Project Percent Funded by Impact Fees Impact Fee Expenditures 1000073 Transportation Safety And Operations 6,648$ 100%6,648$ Totals 6,648$ 6,648$ Page 155 of 1069 Wastewater Development Impact Fee (Fund 506) Project Number Project Name Project Amount Expended Percent Funded by Impact Fees Impact Fee Expenditures 91118 Calle Joaquin Lift Station 1,604,922$ 28%449,378$ 91219 WRRF Upgrade 617,584$ 21%126,605$ 89351 Tank Farm Lift Station 736,576$ 58%427,214$ Totals 2,959,082$ 1,003,197$ Water Development Impact Fee (Fund 509) Project Number Project Name Project Amount Expended Percent Funded by Impact Fees Impact Fee Expenditures 55110 Nacimiento 6,702,433$ 39%2,613,949$ 6101-8100 2012 Water Refunding Debt Service 571,600$ 23%131,468$ 6101-8100 2018 Refunding of '06 Bonds (WTP Improvements)889,700$ 29%258,013$ Totals 8,163,733$ 3,003,430$ Affordable Housing Inclusionary Fee (Fund 505) Cost Center Cost Center Name Amount Allocated to Program Percent Funded by Fees Fee Expenditures 61013 Housing Policy and Homelessness Programs 1,035,000$ 100%1,035,000$ Totals 1,035,000$ 1,035,000$ Page 156 of 1069 1010 Marsh St., San Luis Obispo, CA 93401 (805) 546.8208 . FAX (805) 546.8641 PROOF OF PUBLICATION (2015.5 C.C.P.) Proof of Publicarion of STATE OF CALIFORNIA, CITY OF SAN LUIS OBISPO County of San Luis Obispo, 0 NOTICE OF AVAILABILITY OF I am a citizen of the United States and a resident INFORMATION of the county aforesaid; I am over the age of eighteen years, and not a party interested in the ACCOUNT INFORMATION RELATED TO above entitled matter. I am the principal clerk LOCAL AGENCY IMPROVEMENT FEES of the printer of the New Times, a newspaper Notice Issue Data: December 29, 2022 of general circulation, printed and published Notice is hereby given that, as of the date noted in the City of San Luis Obispo, Count weekly Y P y above, the City of San Luis Obispo has made available to the public a draft report of San Luis Obispo, and which has been adjudged a newspaper of general circulation by entitled: FY 2021-22ANNUAL REPORT DEVELOPER the Superior Court of the County of San Luis IMPACT FEES PURSUANT TO GOVERNMENT CODE SECTION 66001 (AB 1600) Obispo, State of California, under the date of The notice is provided in accordance with Section February 5, 1993, Case number CV72789: that 66006(b)(2) of the California Government Code. The notice of which the annexed is a printed copy final report shall be considered by the City Council at the following (set in type not smaller than nonpareil), has been public meeting: published in each regular and entire issue of said when: Tuesday, January 17, 2023 at 5.30 p.m. newspaper and not in any supplement thereof on where: Council Chambers at City Hall, 990 the following dates, to -wit: Palm Street, San Luis Obispo, CA The draft report is available online at fitmay/www Alloci .ora/ooveromen /d oartme t d., _r „t fin n nancg ". If you in the year 2022. are unable to view the document online please contact the City Clerk's Office at citvclerk®sfocity P9 or 005) 781-7114 and one will be mailed to you. Public comment, prior to I certify (or declare) under the the penalty of the start of the meeting, may be submitted in writing via U.S. Mail delivered s perjury that the foregoing is true and correct. to the City Clerk's office at 990 Palm Street, San Luis Obispo, CA 93401 or by emau emailc�il® sloci .or . Dated t San Luis Obispo, California, this day oE�pL'._ Meetings can be viewed on Government Access Channel .2022. ZOorstreamed live fromthe C¢y'sYcuTube Channel at htt: outube.slo.c . This notice was posted on December 22, 2022 at 5:00 P.M. on the Chys bulletin board, located Michael in front of City Hall, on the door of the Finance DDeepartment,andonthe City'swebsite Gould, New Times Legals g www locity or . For further information, interested persons may contact Brent Taylor, Financial Analyst, at 1805)781-7091 btaWor®sloc or ora. Teresa Purrington City Clerk December 29, 2022 Munn&Pefmil/.NTMGgyitinMTMG O&ee/BVSINFS$. Nmm1R aPo 1010 Marsh St., San Luis Obispo, CA 93401 (805) 546-8208 . FAX (805) 546-8641 PROOF OF PUBLICATION -- (2015.5 C.C.P.) Proof of Publication of STATE OF CALIFORNIA, County of San Luis Obispo, I am a citizen of the United States and a resident of the county aforesaid; I am over the age of eighteen years, and not a party interested in the above entitled matter. I am the principal clerk of the printer of the New Times, a newspaper of general circulation, printed and published weekly in the City of San Luis Obispo, County of San Luis Obispo, and which has been adjudged a newspaper of general circulation by the Superior Court of the County of San Luis Obispo, State of California, under the date of February 5, 1993, Case number CV72789: that notice of which the annexed is a printed copy (set in type not smaller than nonpareil), has been published in each regular and entire issue of said newspaper and not in any supplement thereof on the following dates, to -wit: in the year 2023. I certify (or declare) under the the penalty of perjury that the foregoing is true and correct. Da-tetd- at San Luis Obispo, California, this day - Y OLA/1 of S7� .2023. Az 1,0�17C Michael Gould, New Times Legals M.M.rtrwvl/.MMGA ./WMG �AHJM.1.b Norv1.4 Wb 0 CITY OF SAN LUIS OBISPO NOTICE OF AVAILABILITY OF INFORMATION ACCOUNT INFORMATION RELATED TO LOCAL AGENCY IMPROVEMENT FEES 1st Notice Issue Date: December 29, 2022 2nd Notice Issue Date: January 5, 2023 Notice is hereby given that, as of the date noted above, the City of San Luis Obispo has made available to the public a draft report entitled: FY 2021-22 ANNUAL REPORT ON DEVELOPER IMPACT FEES PURSUANT TO GOVERNMENT CODE SECTION WWI (AB 1600) The notice is provided in accordance with Section 5W05 (b)(2) of the California Government Code. The final report shall be considered by the City Council at the following public meeting: When: Tuesday, January 17, 2M at 5:30 p.m. Where: Council Chambers at City Hall, 990 Palm Street San Luis Obispo, CA The draft report is available online at mms;Uwww. I c N /g t/d rt t d' t /fi / fnan li frame ty .fi . If you are unable to view the document online please contact the City Clerk's Office at cryclerk®slocity.org or (805) 781-7114 and one will be mailed to you. Public comment priorto the start of the meeting, may be submitted in writing via U.S. Mail delivered to the City Clerk's office at 990 Palm Street San Luis Obispo, CA 93401 or by email to emalcouncilft 'tvG . Meetings can be viewed an Government Access Channel 20 or streamed live from the City's YouTube Channel at htto://youtubg.sla cdv. This notice was posted on December 22, 2022 at 5:W P.m. on the City's bulletin board, located in front of City Nall, on the door of the Finance Department, and on the City's websne Iocity.om. For further information, interested persons may contact Brent Taylor, Financial Analyst, at (8115) 781-7091 or hJudoigiiii,city.orn. Teresa Purrington City Clerk January 5, 2023