HomeMy WebLinkAboutFY2024-25 Development Impact Fee Annual Report
0
FISCAL YEAR 2024-25
City of San Luis Obispo, California
AB 1600
DEVELOPMENT
IMPACT FEE
ANNUAL REPORT
1
Table of Contents
City of San Luis Obispo – Capital Facilities Fee Program ________________________________ Page 2
Revenue & Expense Summary for FY 2024-25 ________________________________________ Page 6
Fund Balance Summary for FY 2024-25 _____________________________________________ Page 7
Parks Improvement and Parkland Acquisition Impact Fees
Citywide Parkland Development Impact Fee Fund _______________________________ Page 9
Citywide Parkland Improvement Impact Fee Fund ______________________________ Page 10
Orcutt Area Park Impact Fee Fund ___________________________________________ Page 11
Margarita Area Impact Fee Fund ____________________________________________ Page 13
Transportation Impact Fees
Citywide Transportation Impact Fee Fund_____________________________________ Page 16
Airport Area Transportation Impact Fee Fund __________________________________Page 18
Los Osos Valley Road Transportation Impact Fee Fund ___________________________Page 20
San Luis Ranch Transportation Impact Fee Fund _______________________________ Page 22
Orcutt Area Transportation Impact Fee Fund __________________________________ Page 23
Wastewater and Water Impact Fees
Wastewater Impact Fee Fund ______________________________________________ Page 26
Water Impact Fee Fund ___________________________________________________ Page 27
Emergency Services Impact Fees
Fire Impact Fee Fund _____________________________________________________ Page 29
Police Impact Fee Fund ___________________________________________________ Page 30
In-Lieu Fees
Parkland In-Lieu Fee Fund _________________________________________________ Page 32
Open Space Protection In-Lieu Fee Fund ______________________________________Page 33
Affordable Housing Inclusionary In-Lieu Fee Fund ______________________________ Page 34
Parking In-Lieu Fee Fund __________________________________________________ Page 36
Public Art In-Lieu Fund ____________________________________________________Page 37
Exhibit A – Project Details List ___________________________________________________ Page 38
Exhibit B – Historical Project Expenditures _________________________________________ Page 43
Exhibit C – Fiscal Year 2024-25 Fee Amounts _______________________________________ Page 49
2
City of San Luis Obispo – Capital Facilities Fee Program
Overview of Fee Program
The City of San Luis Obispo’s Capital Facilities Fee Program, established in 2018, is managed as detailed in
Municipal Code 4.56 and 4.20.140 and governed under California Government Code 66000-66025, also known
as the Mitigation Fee Act. With authority granted under this Act, Development Impact Fees are imposed as a
condition of approval upon new development and collected through the building permit process. The
Development Impact Fees are established for use towards public facilities such as fire facilities, police facilities,
transportation facilities, park facilities, water facilities, and wastewater facilities. The City of San Luis Obispo City
Council has declared via Ordinance 1646 that development impact fees are required due to existing local, state
and federal resources being insufficient to meet the capital improvement infrastructure and facility needs for
new development. The City has a critical need to ensure that the impacts from new development are addressed.
Development Impact Fees are a commonly used financing mechanism to address this type of need.
Mitigation Fee Act - Overview
The Mitigation Fee Act sets forth the procedural requirements for establishing, collecting, and expending
Development Impact Fees. These procedures require that a reasonable relationship, or nexus, must exist
between a governmental exaction and the purpose of the condition. The Mitigation Fee Act applies to all local
agencies in the state, including all general law and charter cities, (California Government Code 66000(c)),
however, the Mitigation Fee Act does not apply to every fee or exaction collected by a local agency. The
Mitigation Fee Act only applies when a local agency establishes, increases, or imposes a fee as a condition of
approval of a development project to defray all or a portion of the cost of public facilities related to the project
(California Government Code 66001). "Public Facilities" are defined to include public improvements, public
services, and community amenities (California Government Code 66000(d)). Three key requirements of the
Mitigation Fee Act that determine the structure, scope and amounts of the Development Impact Fee Program
are:
o 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.
o 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.
o Development Impact Fees must be based on a reasonable nexus between new development and the
costs of capital facilities needed to accommodate future growth.
Definition of Fees which are Subject to the Mitigation Fee Act
According to California Government Code Section 66000(b), a “Fee” means a monetary exaction other than a tax
or special assessment, whether established for a broad class of projects by legislation of general applicability or
imposed on a specific project on an ad hoc basis, that is charged by a local agency to the applicant in connection
with approval of a development project for the purpose of defraying all or a portion of the cost of public facilities
related to the development project, but does not include fees specified in Section 66477, fees for processing
applications for governmental regulatory actions or approvals, fees collected under development agreements
adopted pursuant to Article 2.5 (commencing with Section 65864) of Chapter 4, or fees collected pursuant to
agreements with redevelopment agencies that provide for the redevelopment of property in furtherance or for
the benefit of a redevelopment project for which a redevelopment plan has been adopted pursuant to the
3
Community Redevelopment Law (Part 1 (commencing with Section 33000) of Division 24 of the Health and Safety
Code). The City of San Luis Obispo has a total of eighteen fees which meet the definition and are the basis of this
report.
Accounting Requirements for Development Impact Fees
The Mitigation Fee Act requires that Development Impact Fees collected by the City are to be deposited with the
other fees for the improvement in separate capital facilities accounts or funds in a way 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. The facilities and maximum amounts to be funded by a specific fee’s revenue
are specified in the Nexus Study calculating and adopting the fee and is summarized in Exhibits A and Exhibit B of
this report. Any interest income earned 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. The City maintains
compliance with this requirement by establishing a dedicated fund for each type of fee and budgeting the
expenditures to the required projects through the Capital Improvement Plan. (California Government Code
66006(a)).
Annual Report Requirements
The Mitigation Fee Act requires that for each separate account or fund established, the City shall within 180 days
after the last day of each fiscal year make available to the public the following information for the prior fiscal
year:
o A brief description of the type of fee in the account or fund.
o The amount of the fee.
o The beginning and ending balance of the account or fund.
o The amount of the fees collected, and the interest earned.
o 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.
o (a) 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.
(b) An identification of each public improvement identified in a previous report and whether construction
began on the approximate date noted in the previous report
(c) For a project identified pursuant to 6(b) for which construction did not commence by the approximate
date provided in the previous report, the reason for delay and a revised approximate date that the local
agency will commence construction.
o 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.
o The amount of refunds made, the number of persons or entities identified to receive those refunds, and
any allocations pursuant to Section (f) of Government Code 66001.
4
Five Year Revenue Analysis Requirements
The Mitigation Fee Act also 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 improvements needed, the City must make specific findings to continue holding the fees.
Otherwise, if the findings are not made or if the findings are deemed to be insufficient 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:
o Identify the purpose for which the fee is to be put.
o Demonstrate a reasonable relationship between the fee and the purpose for which it is charged.
o Identify all sources and amounts of funding anticipated to complete financing in incomplete
improvements identified.
o Designate the approximate dates on which the funding referred to in item 3 is expected to be deposited
into the appropriate account or fund.
Fee Program Updates
To maintain compliance with the Mitigation Fee Act, it is recommended that every eight years an update to the
Development Impact Fees be completed through a Nexus Study to determine the maximum level of fees that can
be attributed to new development and do not impede or burden new development from occurring. In addition,
periodic reviews and updates to fee calculations shall be completed upon receipt of updated cost estimates or
changes to the scope of the projects to minimize the risk of inadequate funding and ensure sufficient fees are
collected to fund the project. Below is summary of the most recent updates to the fee program. The City will
soon be moving forward with a study to update all Development Impact Fees.
NOTE: Impact Fees are escalated by inflation each year. The City currently uses the annual change (April to April) to the
California Cost of Construction Index (CCCI). Annual increases are effective July 1 st.
Fund Fee Name Established Last Updated
510 Citywide Park Development 4/3/2018 4/3/2018
519 Citywide Park Improvement 4/3/2018 4/3/2018
511 OASP Park Improvement 3/2/2010 11/15/2016
512 Margarita Area Development 2/1/2005 Discontinued
507 Citywide Transportation 4/3/2018 7/2/2019
503 Airport Area Transportation 8/23/2005 Discontinued
504 LOVR Area Transportation 4/3/2018 7/2/2019
514 San Luis Ranch Area Transportation 4/3/2018 7/2/2019
515 OASP Area Transportation 3/2/2010 10/16/2018
506 Wastewater 4/3/2018 6/4/2019
509 Water 4/3/2018 4/3/2018
516 Fire 4/3/2018 4/3/2018
517 Police 4/3/2018 4/3/2018
501 Parkland In-Lieu (Quimby) 4/3/2018 4/3/2018
502 Open Space Protection In-Lieu 8/23/2005 Discontinued
505 Affordable Housing In-Lieu 1/19/1999 8/16/2022
611 Parking In-Lieu 9/3/2002 1/3/2006
207 Public Art In-Lieu 8/15/2000 9/18/2018
5
Public Noticing
As required by the Mitigation Fee Act, this Annual Report of Development Impact Fees was made available for
public inspection 15 days prior to the City Council’s public meeting. On October 30, 2025, a Legal Ad was
published in the New Times, a notice was posted on the Finance door/ kiosk, a news item was published to City’s
website, an e-notification was sent to subscribers of Public Notices, and a copy of the Draft Report was posted to
the City Website.
Administration Fee
Included in the establishment of the 2018 Capital Facilities Fee Program, the City Council adopted an
Administration Fee, allowed for by the provisions of the Mitigation Fee Act, for the cost of administering the
impact fee program. Administration requirements include collecting and allocating impact fee revenue, record
keeping, reporting of fund activity, and periodic updates to the fee program. The Administration Fee is included
in the 2018 Impact Fee Nexus Study calculation of the maximum Capital Facilities Fees that can be charged to
new development. The fee is currently set at 1.75% of the total impact fees charged on a permit (excluding water
and wastewater impact fees). The revenue is deposited to the General Fund and allocated for expenditure on
annual budgets.
Annual Report
This report provides a comprehensive summary of the individual fund activity for FY 2024-25 and is prepared to
meet the requirements of the Mitigation Fee Act as specified above. Fund balances reflected in this report are
as of June 30, 2025, based on unaudited financial information. A summary of the exhibits and their purpose for
inclusion in the report can be found below.
o Project Details: Exhibit A reflects a complete detailed list of projects which are being funded by impact
fees collected and reported on through this annual report. Details of projects include Construction Start
Date, Project Status, Total Estimated Project Cost, Estimated Project Cost Funded by Fees, Percentage of
Project Funded by Fees, Fees Expended to Date, and the Percentage of Fees Funded.
o Historical Expenditure Amounts: Exhibit B reflects a complete detailed list of projects for which expenses
were incurred since FY 2018-19. Each fund’s expenditure is organized by fiscal year and summarize the
total contributions for a given project over the past 7 years.
o Fee Schedule: Exhibit C reflects the applicable amount of impact fees and in-lieu fees charged to new
development and collected through the building permit process as conditions of approval in FY 2024-25.
6
Revenue and Expense Summary for FY 2024-25
Impact Fee Revenue and Expense Summary
For FY 2024-25 the City of San Luis Obispo collected through its Capital Facilities Fee program, a total of
$11,333,645.95 and expended $5,546,263.85 on eligible projects throughout the city. The impact fee revenue
helped to advance construction on thirty-five projects in the city which included 3 parks projects, 14
transportation projects, and 18 utility projects. Refer to Exhibit A and Exhibit B for details on projects funded by
impact fees.
In-Lieu Fee Revenue and Expenses Summary
For FY 2024-25 the City of San Luis Obispo collected through its In-Lieu Fee programs a total of $941,209.99 and
expended $2,692,546.36 on eligible projects throughout the city. The In-Lieu fee revenue helped to advance
construction on six projects in the city which included two park projects, 1 parking project, and 2 public art
projects. Refer to Exhibit A and Exhibit B for details on projects funded by In-Lieu fee funds.
Fund Name Revenue/ Interest Expenditures # of Projects
510 Citywide Park Development 267,469.74$ -$ 0
519 Citywide Park Improvement 240,241.20$ 173,119.86$ 1
511 OASP Park Improvement 186,753.91$ 245,981.47$ 2
512 Margarita Area Development 162,040.26$ -$ 0
507 Citywide Transportation 1,798,621.90$ 739,340.93$ 10
503 Airport Area Transportation 13,592.12$ 234,242.23$ 3
504 LOVR Area Transportation (52,452.58)$ 566,787.71$ 1
514 San Luis Ranch Area Transportation 448,783.75$ -$ 0
515 OASP Area Transportation 391,555.04$ -$ 0
506 Wastewater 2,729,022.70$ 943,559.30$ 6
509 Water 4,843,918.78$ 2,643,232.35$ 12
516 Fire 112,691.28$ -$ 0
517 Police 191,407.85$ -$ 0
11,333,645.95$ 5,546,263.85$ 35
Fund Name Revenue/ Interest Expenditures # of Projects
501 Parkland In-Lieu (Quimby) 117,103.04$ 1,759,459.54$ 3
502 Open Space Protection In-Lieu 86,786.60$ -$ 0
505 Affordable Housing In-Lieu 297,945.78$ 207,000.00$ 0
611 Parking In-Lieu -$ 317,995.41$ 1
207 Public Art In-Lieu 439,374.57$ 408,091.41$ 2
941,209.99$ 2,692,546.36$ 6
7
Fund Balance Summary for FY 2024-25
The figures below represent the fund balances available as of 6/30/2025, whether committed or uncommitted
to a Capital Improvement Plan project and serve to illustrate the amount of funding from impact fees and in-lieu
fees available to budget and expend on projects through the City’s adopted Capital Improvement Plan. In
addition, any revenue held for longer than five years is reflected to show the amount of the available fund balance
that is subject to findings. The five-year revenue analysis for all funds and the required findings for the Margarita
Area Development Impact Fee and the Airport Area Transportation Impact Fee revenue held for more than five
years is included within this report under the individual fund summaries. The findings apply to the Margarita
Area Development Impact Fee (Fund 512) and the Airport Area Transportation Impact Fee (Fund 503).
Impact Fee Fund Balance Summary
In-Lieu Fee Fund Balance Summary
Fund Name Fund Balance Revenue Held > 5-Years
510 Citywide Park Development 968,939.59$ -$
519 Citywide Park Improvement 2,040,551.64$ -$
511 OASP Park Improvement 2,056,785.98$ -$
512 Margarita Area Development 3,454,600.12$ 2,817,860.18$
507 Citywide Transportation 5,488,500.91$ -$
503 Airport Area Transportation 162,943.21$ 132,691.31$
504 LOVR Area Transportation (2,452.56)$ -$
514 San Luis Ranch Area Transportation 2,606,606.76$ -$
515 OASP Area Transportation 1,864,800.06$ -$
506 Wastewater 5,799,629.03$ -$
509 Water 6,851,326.63$ -$
516 Fire 393,732.58$ -$
517 Police 543,411.50$ -$
Fund Name Fund Balance Revenue Held > 5-Years
501 Parkland In-Lieu (Quimby) 351,517.50$ -$
502 Open Space Protection In-Lieu 100,484.32$ -$
505 Affordable Housing In-Lieu (2,639,233.06)$ -$
611 Parking In-Lieu -$ -$
207 Public Art In-Lieu 1,557,870.95$ -$
8
Park Improvement and Parkland Acquisition Impact Fees
9
Citywide Park Development Impact Fee – Fund 510
The Citywide Park 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 parkland to new
development within the city. This impact fee is intended to be used on acquisition of parkland for all areas of the
City.
Starting in FY 2020-21, 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 Parkland Development impact fees from Quimby In-Lieu fees, Fund 501. Transfers of $317,753.15 from
the Parkland In-Lieu Quimby Fee Fund were attributed to FY 2019-20 as a prior period adjustment.
As of June 30, 2025, the fund balance available for expenditure was $968,939.59. There have been no expenditure
from this fund since inception. Refer to Exhibit A and Exhibit B for details of projects funded by this fee. Fund balance
is currently being held until a need for acquisition of parkland is identified. As of June 30, 2025, there were no funds
collected that had been held for more than five years.
510 - Citywide Park Development Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year -$ 549,433.00$ 658,029.82$ 854,358.99$ 1,246,760.12$
Prior Period Adjustment (1) 317,753.15$ -$ -$ -$ -$
Fund Balance Beginning of Year After Adjustment 317,753.15$ 549,433.00$ 658,029.82$ 854,358.99$ 1,246,760.12$
Interest 87.97$ (13,137.64)$ 10,395.73$ 49,077.72$ 67,165.64$
Impact Fees 231,591.88$ 121,734.46$ 185,933.44$ 343,323.41$ 200,304.10$
Total Revenue 231,679.85$ 108,596.82$ 196,329.17$ 392,401.13$ 267,469.74$
Expenses -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ -$ -$ -$
Fund Balance End of Year 549,433.00$ 658,029.82$ 854,358.99$ 1,246,760.12$ 1,514,229.86$
Interest Receivable - Long Term Loans (2) -$ -$ -$ 83,693.01$ 98,463.84$
Less Loans Receivable (3) -$ 446,826.43$ 446,826.43$ 446,826.43$ 446,826.43$
Net Fund Balance End of Year 549,433.00$ 211,203.39$ 407,532.56$ 716,240.68$ 968,939.59$
Net Fund Ending Balance (6/30/25) 968,939.59$
Less: Revenues for last five years:
Revenues FY 20-21 231,679.85$
Revenues FY 21-22 108,596.82$
Revenues FY 22-23 196,329.17$
Revenues FY 23-24 392,401.13$
Revenues FY 24-25 267,469.74$
Total Revenues for last five years 1,196,476.71$
Funds Held in Excess of Five Years (227,537.12)$ 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) Interest Receivable - Long Term Loans is related to interest on deferred payment of impact fees related to affordable housing developments and reduces the
amount of available funding.
(3) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments and reduces the amount of available funding.
10
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 facilities for existing
and newly acquired parkland intended for all areas of the city.
Starting in FY 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 were attributed to FY 2019-20 as a prior period adjustment.
As of June 30, 2025, the fund balance available for expenditure was $2,040,551.64. Expenditures from fund
balance totaled $173,119.86 in FY 2024-25. Refer to Exhibit A and Exhibit B for details of projects which are
funded with this fee. As of June 30, 2025, there were no funds collected that had been held for more than five years.
519 - Citywide Park Improvement Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year -$ 837,762.15$ 1,008,615.38$ 1,421,721.92$ 2,176,584.18$
Prior Period Adjustment (1) 320,032.52$ -$ -$ -$ -$
Fund Balance Beginning of Year After Adjustment 320,032.52$ 837,762.15$ 1,008,615.38$ 1,421,721.92$ 2,176,584.18$
Interest 108.72$ (20,015.16)$ 16,423.70$ 84,786.78$ 106,954.79$
Impact Fees 517,620.91$ 190,868.39$ 396,682.84$ 721,791.61$ 133,286.41$
Total Revenue 517,729.63$ 170,853.23$ 413,106.54$ 806,578.39$ 240,241.20$
Expenses -$ -$ -$ 51,716.13$ 173,119.86$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ -$ 51,716.13$ 173,119.86$
Fund Balance End of Year 837,762.15$ 1,008,615.38$ 1,421,721.92$ 2,176,584.18$ 2,243,705.52$
Accounts Receivable - SCIP Impact Fee Distributions(2)-$ -$ -$ 60,755.74$ -$
Less Interest Receivable - Long Term Loans (3) -$ -$ -$ 9,960.45$ 13,944.91$
Less Loans Receivable (4) -$ 82,806.89$ 82,806.89$ 203,153.88$ 203,153.88$
Net Fund Balance End of Year 837,762.15$ 925,808.49$ 1,338,915.03$ 1,973,430.30$ 2,040,551.64$
Net Fund Ending Balance (6/30/25) 2,040,551.64$
Less: Revenues for last five years:
Revenues FY 20-21 517,729.63$
Revenues FY 21-22 170,853.23$
Revenues FY 22-23 413,106.54$
Revenues FY 23-24 806,578.39$
Revenues FY 24-25 240,241.20$
Total Revenues for last five years 2,148,508.99$
Funds Held in Excess of Five Years (107,957.35)$ 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) Accounts Receivable are impact fees due to City through the Statewide Community Infrastructure Program (SCIP) financing for the San Luis Square Project.
(3) Interest Receivable - Long Term Loans is related to interest on deferred payment of impact fees related to affordable housing developments and reduces the
amount of available funding.
(4) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments and reduces the amount of available funding.
11
Orcutt Area Specific Plan Parks Impact Fee – Fund 511
The Orcutt Area Specific Plan Parks Impact Fee was established in March 2010 by Resolution No. 10222 for the
improvement of the Orcutt Area Specific Plan (OASP) parks system. This fee created a funding mechanism to
allocate 100% of the cost of the park improvements to the OASP developers. Specifically, Chapter 8 of the Public
Facilities Financing Plan (PFFP) for the OASP provides a detailed description of the park improvements, allocates
the cost to developers and provides a funding plan for the parks needed to serve new development in this area.
The OASP PFFP was originally established in March 2010, and revised in November 2016, December 2017, and
most recently October 2018 to update costs of infrastructure estimates and to revise the scope of certain capital
improvement projects within the PFFP. Details regarding the park plan were only included in the 2016 update.
Starting in FY 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 were attributed to FY 2018-19 and FY 2019-20 as prior period adjustments.
As of June 30, 2025, the fund balance available for expenditure was $2,056,785.98. Expenditures from fund
balance totaled $245,981.47. Refer to Exhibit A and Exhibit B for details of projects which are funded with this
fee. As of June 30, 2025, there were no funds collected that had been held for more than five years.
Reimbursements paid from this fund in FY 2020-21 and FY 2021-22 are associated with the parkland dedicated by the
Righetti Ranch, LP Developer, under the Quimby Act, on behalf of the entire Orcutt Area. Since Righetti Ranch dedicated
all the parkland needed for the Orcutt Area, the City agreed to enter into the Parkland Reimbursement Agreement in
which the City collects a fair share allocation from benefiting properties within the Orcutt Area and passes through the
fee collected as reimbursement to Righetti Ranch for dedication of parkland. These reimbursements were considered
pass through payments collected from benefiting properties and no impact fees were used to satisfy the private
obligations under the Parkland Reimbursement Agreement. The City has recently taken steps to separate the
accounting of Impact Fees and Reimbursement Fees, therefore, future reimbursements to Righetti Ranch under the
Parkland Reimbursement Agreement will be collected and passed through a separate custodial fund which has been
established specifically for purpose of reimbursement to Righetti Ranch, LP.
12
511 - Orcutt Area Specific Plan Parks Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year -$ 2,248,529.96$ 2,043,551.64$ 2,323,855.42$ 2,116,013.54$
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$ 2,323,855.42$ 2,116,013.54$
Interest 377.92$ (51,550.30)$ 30,226.87$ 100,569.30$ 102,398.83$
Impact Fees 1,277,619.60$ 130,976.42$ 327,160.19$ 132,780.71$ 84,355.08$
Total Revenue 1,277,997.52$ 79,426.12$ 357,387.06$ 233,350.01$ 186,753.91$
Expenses -$ -$ 77,083.28$ 441,191.89$ 245,981.47$
Reimbursements 366,800.56$ 284,404.44$ -$ -$ -$
Transfers Out 18,076.52$ -$ -$ -$ -$
Total Expenditures 384,877.08$ 284,404.44$ 77,083.28$ 441,191.89$ 245,981.47$
Fund Balance End of Year 2,248,529.96$ 2,043,551.64$ 2,323,855.42$ 2,116,013.54$ 2,056,785.98$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year 2,248,529.96$ 2,043,551.64$ 2,323,855.42$ 2,116,013.54$ 2,056,785.98$
Net Fund Ending Balance (6/30/25) 2,056,785.98$
Less: Revenues for last five years:
Revenues FY 20-21 1,277,997.52$
Revenues FY 21-22 79,426.12$
Revenues FY 22-23 357,387.06$
Revenues FY 23-24 233,350.01$
Revenues FY 24-25 186,753.91$
Total Revenues for last five years 2,134,914.62$
Funds Held in Excess of Five Years (78,128.64)$ 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
13
Margarita Area Development Impact Fee – Fund 512
The Margarita Area Specific Plan Parks Impact fee was established in 2005 and adopted by Resolution No. 9643
for the Margarita Area Park design and construction, including construction management as set forth in Chapter
9 of the Margarita Area Specific Plan under the Public Facilities Financing Plan. Funds may also be used to
reimburse the City for expenses advanced by 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 the park system in the Margarita Area Specific Plan.
Starting in FY 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 2018-19 as a prior period
adjustment.
As of June 30, 2025, the fund balance available for expenditure was $3,454,600.12. There have been no
expenditure from this fund since inception. Refer to Exhibit A and Exhibit B for details of projects which are funded
with this fee. Fund balance is currently being held to be used for the planned park system in the Margarita Area Specific
Plan. As of June 30, 2025, there was $2,817,860.18 which had been held for more than five years.
Interfund Loan: The Interfund Loan shown in the table below was authorized by Resolution No. 10513 (2014
Series) in the amount of $1,504,676.08 to advance early reimbursement/ credit of Prado Road improvement
costs from the Margarita Area Development Impact Fee fund. Funds were loaned from MASP Transportation
Impact Fee Fund (now consolidated with the Citywide Transportation Impact Fee Fund) to accommodate the
reimbursement of funds advanced from other sources. Final reconciliation for loan repayment occurred in FY
2023-24 and the loan has been paid in full along with interest, at a rate of average return for City investments.
Five Year Findings: As of June 30, 2025, there is $2,817,860.18 in revenue collected which has been held for more
than five years. The fund balance is intended to be used for pre-construcƟon acƟviƟes (design, planning,
permiƫng, etc.) and the overall construcƟon costs for a twenty-one-acre community park located in the Margarita
Area Specific Plan area.
The use of these funds for a park in the Margarita Area is in conformance with the Margarita Area Specific Plan
and the Parks & RecreaƟon Blueprint for the Future: 2021-2041 (General Plan Element) and allows the City to
meet the need for a community park that includes sport/athleƟc fields, sport courts, playground ameniƟes, public
art, and social gathering area(s). In 2005 the need for the park was idenƟfied in the Margarita Area Specific Plan
and the financing strategy was idenƟfied in the Public FaciliƟes Financing Plan for Margarita Area. The plan was
amended in 2012 to adjust the equitable sharing of the cost of the purchase and construcƟon of the Damon-
Garcia Sports Fields, which is saƟsfying a porƟon of the park needs in the Margarita Area.
The table below reflects the overall funding sources and amount anƟcipated to cover the costs of the future park
project in the Margarita Area.
14
The total cost of the park project was originally esƟmated using a 2012 calculaƟon and was the basis for fee
amounts. Since this Ɵme, costs to construct the park have significantly increased and therefore to establish the
current total cost, the City applied a oneƟme Consumer Price Index (CPI) adjustment from 2012 to 2024 and
annually thereaŌer.
At this Ɵme, the project is on hold because the idenƟfied land, zoned for park space, is privately owned, and the
current owners are not interested in selling or developing the property. The City remains commiƩed to using the
funds collected for the MASP park whenever the landowners decide to sell or develop the site. Addi Ɵonally, the
project faces a lack of funding sources, and the City will need to cover a substanƟal amount of the project costs
with other yet-to-be-determined funding sources. Currently, no construcƟon start date has been idenƟfied.
Current Development
Impact Fees %Other Funding
Sources (1)%
Margarita Area Community Park 3,454,600.12$ 21%12,621,328.58$ 79%$16,075,928.70 100%
Project Total %
Cost by Fund Source
(1) Other funding sources will include Citywide Parkland Improvement Impact Fees, Quimby In-Lieu Fees, General Fund
(Local Revenue Measure G) and/or Future Grants
512 - Margarita Area Development Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year -$ 1,632,841.88$ 1,668,914.59$ 1,688,634.64$ 3,292,559.86$
Prior Period Adjustment (1) 1,313,184.10$ -$ -$ -$ -$
Interfund Loan from Fund 507 (2) -$ -$ -$ 1,504,676.08$ -$
Fund Balance Beginning of Year After Adjustment 1,313,184.10$ 1,632,841.88$ 1,668,914.59$ 3,193,310.72$ 3,292,559.86$
Interest 269.64$ (38,916.34)$ 19,685.31$ 99,249.14$ 162,040.26$
Impact Fees 319,388.14$ 74,989.05$ 34.74$ -$ -$
Total Revenue 319,657.78$ 36,072.71$ 19,720.05$ 99,249.14$ 162,040.26$
Expenses -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ -$ -$ -$
Fund Balance End of Year 1,632,841.88$ 1,668,914.59$ 1,688,634.64$ 3,292,559.86$ 3,454,600.12$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year 1,632,841.88$ 1,668,914.59$ 1,688,634.64$ 3,292,559.86$ 3,454,600.12$
Net Fund Ending Balance (6/30/25) 3,454,600.12$
Less: Revenues for last five years:
Revenues FY 20-21 319,657.78$
Revenues FY 21-22 36,072.71$
Revenues FY 22-23 19,720.05$
Revenues FY 23-24 99,249.14$
Revenues FY 24-25 162,040.26$
Total Revenues for last five years 636,739.94$
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 to 2017.
(2) $1,504,676.08 is related to Interfund Loan repayment from Fund 507.
15
Transportation Impact Fees
16
Citywide Transportation Impact Fee – Fund 507
The Citywide Transportation 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 maintain adequate levels of transportation
facilities in the city by mitigating the impacts that new development will have on the City’s transportation system.
Fee revenue is used to fund transportation improvements such as interchanges, intersections, street widening
and extensions, pedestrian and bicycle improvements, transit improvements and is also used for reimbursements
to developers for improvements they constructed which exceed their fair share and are also included in the City’s
Transportation Impact Fee program.
As of June 30, 2025, the fund balance available for expenditure was $5,488,500.91. Expenditures from fund
balance totaled $739,340.93 in FY 2024-25, refer to Exhibit A and Exhibit B for details of projects which are funded
with this fee. As of June 30, 2025, there were no funds collected that had been held for more than five years.
Transfers Out: There is an annual Transfer Out of fees collected for reimbursement to the General Fund for direct
costs incurred for debt service associated with the Los Osos Valley Road Interchange. The City Council has
authorized the 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 and transfers are made in quarterly
installments. For FY 2024-25, 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 #1: There was an Interfund Loan which was authorized by Resolution No. 10513 (2014 Series) in
the amount of $1,504,676.08 to advance early reimbursement/credit of Prado Road improvement costs from the
Margarita Area Development Impact Fee fund. Funds were loaned from MASP Transportation Impact Fee Fund
(now consolidated to the Citywide TIF Fund) to accommodate the reimbursement of funds advanced from other
sources. Final reconciliation for loan repayment occurred in FY 2023-24 and the loan has been paid in full along
with interest, at a rate of average return for City investments.
Interfund Loan #2: LOVR Subarea Citywide Base Fees in the amount of $67,478.34 were deposited to the LOVR
Transportation Impact Fee Fund (504) in error during FY 2024-25. The revenue should have been received by the
Citywide Transportation Impact Fee Fund (507). Therefore, to reconcile and correct the error, an interfund loan
has been established as a short-term liability which will ensure the correct revenue amounts are received by Fund
507. Payback of the interfund loan is expected to occur during FY 2025-26 at a 0% rate of interest.
17
507 - Citywide Transportation Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year 8,655,656.59$ 9,524,297.08$ 7,031,866.19$ 7,100,279.50$ 6,100,162.30$
Prior Period Adjustment (1) (3,151.00)$ -$ -$ -$ -$
Interfund Loan Repayment (2) -$ -$ -$ (1,504,676.08)$ -$
8,652,505.59$ 9,524,297.08$ 7,031,866.19$ 5,595,603.42$ 6,100,162.30$
Interest 2,509.13$ (236,023.88)$ 82,951.89$ 315,953.58$ 301,827.84$
Misc. Revenue -$ -$ -$ -$ -$
Impact Fees 3,065,469.58$ 1,715,908.93$ 1,369,546.11$ 899,741.83$ 1,496,794.06$
Total Revenue 3,067,978.71$ 1,479,885.05$ 1,452,498.00$ 1,215,695.41$ 1,798,621.90$
Expenses 1,542,832.20$ 3,380,159.86$ 1,104,084.69$ 390,536.53$ 459,340.93$
Reimbursements 367,755.02$ 312,156.08$ -$ -$ -$
Transfers Out 285,600.00$ 280,000.00$ 280,000.00$ 320,600.00$ 280,000.00$
Total Expenditures 2,196,187.22$ 3,972,315.94$ 1,384,084.69$ 711,136.53$ 739,340.93$
Fund Balance End of Year 9,524,297.08$ 7,031,866.19$ 7,100,279.50$ 6,100,162.30$ 7,159,443.27$
Less Interest Receivable - Long Term Loans (3) -$ -$ -$ 163,432.04$ 201,536.10$
Less Loans Receivable (4) -$ 1,164,368.13$ 1,164,368.13$ 1,401,927.92$ 1,401,927.92$
Interfund Loan Receivable (5) -$ -$ -$ -$ 67,478.34$
Net Fund Balance End of Year 9,524,297.08$ 5,867,498.06$ 5,935,911.37$ 4,534,802.34$ 5,488,500.91$
Net Fund Ending Balance (6/30/25) 5,488,500.91$
Less: Revenues for last five years:
Revenues FY 20-21 3,067,978.71$
Revenues FY 21-22 1,479,885.05$
Revenues FY 22-23 1,452,498.00$
Revenues FY 23-24 1,215,695.41$
Revenues FY 24-25 1,798,621.90$
Total Revenues for last five years 9,014,679.07$
Funds Held in Excess of Five Years (3,526,178.16)$ if positive, subject to findings
Notes
(1) Prior Period Adjustment related to transfer in from Fund 501 attributed to FY 2019/ 2020.
(2) $1,504,676.08 is related to Interfund Loan repayment from Fund 507.
(3) Interest Receivable - Long Term Loans is related to interest on deferred payment of impact fees related to affordable housing developments and reduces
the amount of available funding.
(4) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments and reduces the amount of available funding.
(5) Interfund Loan to Fund 504, LOVR TIF.
Five Year Revenue Analysis
18
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 (AASP) boundaries. 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 the City for funds advanced from other
sources or to reimburse developers who have been required to construct improvements beyond their fair share,
and those improvements costs are also included in the Airport Area Transportation Fee calculation. In 2018, the
City Council adopted Resolution No. 10879 that consolidated the Airport Area Transportation Impact Fee into the
Citywide Transportation Impact Fee Program. Although the Airport Area Transportation Impact 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, 2025, the fund balance available for expenditure was $162,943.21. Expenditures from fund balance
totaled $234,242.23 in FY 2024-25, refer to Exhibit A and Exhibit B for details of projects which are funded with
this fee. In FY 2023-24, expenditures included a reimbursement payment in the amount of $127,951.77 which is
associated with the 600 Tank Farm Reimbursement Agreement between the City of San Luis Obispo and Covelop, Inc.
As of June 30, 2025, there was a balance of $132,691.31 which has been held for more than five years.
Five Year Finding:
The fund balance held more than five years is to be used for pre-construcƟon acƟviƟes (design, planning,
permiƫng, etc.) for two transportaƟon improvement projects programmed in the AASP TIF program: Tank Farm
Road Widening (including the Tank Farm/Santa Fe Roundabout, and shared-use path between Santa Fe and
InnovaƟon Way) and Santa Fe Road Extension north of Tank Farm Road. Specifically, these funds will be used to
reimburse Covelop, Inc. for costs related to transportaƟon improvements required for the 600 Tank Farm
development project and are also included in the Airport Area TransportaƟon Impact Fee calculaƟon.
As condiƟons of approval of the project, the 600 Tank Farm developer is required to design and construct
porƟons of the Tank Farm Road Widening and Santa Fe Road Extension (North) improvements prior to their
development projects construcƟon of units. As documented in detail in the AASP and its related EIR, the Tank
Farm Widening and Santa Fe Road Extension projects represent transportaƟon infrastructure that is needed to
miƟgate the impacts of new development within the city, parƟcularly within the AASP boundaries. The
proporƟonality and nexus to new development is described in further detail in the AASP (Chapter 8, Public
FaciliƟes Financing Plan).
Below is a list of projects on which the fees collected will be used and the anƟcipated amount of funding from
all sources needed to complete the financing of these projects.
19
The Tank Farm Road Widening and Santa Fe Road Extension projects are large, complex transportaƟon
improvements that are anƟcipated to be constructed in phases over several years as incremental development
occurs. Funding is expected to be completed for the remaining projects as idenƟfied in the following Ɵmelines:
o For the Tank Farm Road Widening Project, funding for the first components of the project that are the
responsibility of the 600 Tank Farm development, is expected to be available by 2026, and associated
improvements could be constructed as soon as 2027. These first components of the Project include
design/pre-construcƟon costs for the future Tank Farm Road/Santa Fe Roundabout and Tank Farm
Road shared-use path (not constructed with 600 Tank Farm development), and a porƟon of the
construcƟon costs associated with widening of Tank Farm Road at the intersec Ɵon with Santa Fe
(constructed by 600 Tank Farm development). Funding and construc Ɵon for the remaining project
components, including construcƟon of the Tank Farm/Santa Fe Roundabout, construcƟon of the Tank
Farm shared-use path and further widening of Tank Farm Road, are dependent on future
development within the AASP area, which could reasonably occur within the next 5-15 years.
o For the Santa Fe Road Extension (North) Project, funding for the first component of the project, which
will be constructed by 600 Tank Farm development, (approximately 40% of the planned road
extension) is expected to be available by 2026, and improvements could be constructed as soon as
2027. Funding and construcƟon Ɵming for the remaining project components are dependent on
future development within the AASP area, which could reasonably occur within the next 5-15 years.
o For the Santa Fe Road Extension (South), funding and construcƟon Ɵming are dependent on future
development within the AASP area, which could reasonably occur within the next 5-15 years.
The direct developer contribuƟon and local funds needed for these improvements are fully funded. The porƟon
of these project costs from development impact fees are parƟally funded, with $162,943.21 to be applied from
exisƟng AASP TIF fund balance, and the remainder to be reimbursed to the developer from future Citywide
TransportaƟon Impact Fee revenues—the Citywide TransportaƟon Impact Fee obligaƟons for the 600 Tank Farm
development itself would fully fund this reimbursement.
20
503 - Airport Area Transportation Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year 1,141,565.19$ 896,694.57$ 675,535.70$ 664,234.94$ 383,593.32$
Prior Period Adjustment -$ -$ -$ -$ -$
Fund Balance Beginning of Year After Adjustment 1,141,565.19$ 896,694.57$ 675,535.70$ 664,234.94$ 383,593.32$
Interest 262.43$ (21,170.76)$ 7,701.88$ 27,958.46$ 13,592.12$
Impact Fees 400.12$ 1,507.65$ -$ -$ -$
Total Revenue 662.55$ (19,663.11)$ 7,701.88$ 27,958.46$ 13,592.12$
Expenses 245,533.17$ 201,495.76$ 19,002.64$ 180,648.31$ 234,242.23$
Reimbursements -$ -$ -$ 127,951.77$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures 245,533.17$ 201,495.76$ 19,002.64$ 308,600.08$ 234,242.23$
Fund Balance End of Year 896,694.57$ 675,535.70$ 664,234.94$ 383,593.32$ 162,943.21$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year 896,694.57$ 675,535.70$ 664,234.94$ 383,593.32$ 162,943.21$
Net Fund Ending Balance (6/30/25) 162,943.21$
Less: Revenues for last five years:
Revenues FY 20-21 662.55$
Revenues FY 21-22 (19,663.11)$
Revenues FY 22-23 7,701.88$
Revenues FY 23-24 27,958.46$
Revenues FY 24-25 13,592.12$
Total Revenues for last five years 30,251.90$
Funds Held in Excess of Five Years 132,691.31$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
N/A
21
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 the realignment of Calle Joaquin improvements constructed by Costco at the LOVR interchange
beyond their fair share. The reimbursement agreement with Costco has priority of revenue collected from this
fee.
As of June 30, 2025, the fund balance available for expenditures was ($2,452.56). The only expenditure in FY
2023-24 was the annual reimbursement payment made to Costco in the amount of $566,787.71. Refer to Exhibit
A and Exhibit B for details of projects being funded by this fee. As of June 30, 2025, there are no fees collected that
have been held for more than five years.
Interfund Loan: LOVR Subarea Citywide Base Fees in the amount of $67,478.34 were deposited to the LOVR
Transportation Impact Fee Fund (504) in error during FY 2024-25. The revenue should have been received by the
Citywide Transportation Impact Fee Fund (507). Therefore, to reconcile and correct the error, an interfund loan
has been established as a short-term liability which will ensure the correct revenue amounts are received by Fund
507. Payback of the interfund loan is expected to occur during FY 2025-26 at a 0% rate of interest.
22
504 - LOVR Transportation Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year 469,605.94$ 469,730.00$ 584,365.27$ 416,719.77$ 616,787.73$
Interest 124.06$ (12,090.27)$ 4,582.99$ 21,181.85$ 15,025.76$
Impact Fees -$ 126,725.54$ (57,593.49)$ 201,771.80$ (67,478.34)$
Total Revenue 124.06$ 114,635.27$ (53,010.50)$ 222,953.65$ (52,452.58)$
Expenses -$ -$ -$ -$ -$
Reimbursements (1)-$ -$ 114,635.00$ 22,885.69$ 566,787.71$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ 114,635.00$ 22,885.69$ 566,787.71$
Fund Balance End of Year 469,730.00$ 584,365.27$ 416,719.77$ 616,787.73$ (2,452.56)$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year 469,730.00$ 584,365.27$ 416,719.77$ 616,787.73$ (2,452.56)$
Net Fund Ending Balance (6/30/25) (2,452.56)$
Less: Revenues for last five years:
Revenues FY 20-21 124.06$
Revenues FY 21-22 114,635.27$
Revenues FY 22-23 (53,010.50)$
Revenues FY 23-24 222,953.65$
Revenues FY 24-25 (52,452.58)$
Total Revenues for last five years 232,249.90$
Funds Held in Excess of Five Years (234,702.46)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
(1) Reimbursement payments to Costco for realignment of Calle Joaquin
23
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
the City and San Luis Ranch was adopted by the City Council in 2018 and requires the San Luis Ranch development
to provide a direct contribution of 28% of the costs of construction of the Highway 101/ Prado Road Interchange.
In exchange, the city charges the San Luis Ranch developer a discounted Citywide Transportation Impact Fee.
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, 2025, the fund balance available for expenditures was $2,606,606.76. There were no expenditures
from fund balance FY 2024-25, refer to Exhibit A and Exhibit B for details of projects which are funded with this
fee. As of June 30, 2024, there were no funds which had been held for more than five years.
514 - SLR Transportation Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year -$ -$ 458,855.53$ 1,289,408.48$ 2,157,823.01$
Interest -$ (2,186.54)$ 17,116.18$ 79,786.64$ 119,281.53$
Transfers In -$ 10,000.00$ -$ -$ -$
Impact Fees -$ 457,690.07$ 837,532.77$ 792,331.69$ 329,502.22$
Total Revenue -$ 465,503.53$ 854,648.95$ 872,118.33$ 448,783.75$
Expenses -$ 6,648.00$ 24,096.00$ 3,703.80$ -$
Reimbursements -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ 6,648.00$ 24,096.00$ 3,703.80$ -$
Fund Balance End of Year -$ 458,855.53$ 1,289,408.48$ 2,157,823.01$ 2,606,606.76$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year -$ 458,855.53$ 1,289,408.48$ 2,157,823.01$ 2,606,606.76$
Net Fund Ending Balance (6/30/25) 2,606,606.76$
Less: Revenues for last five years:
Revenues FY 20-21 -$
Revenues FY 21-22 465,503.53$
Revenues FY 22-23 854,648.95$
Revenues FY 23-24 872,118.33$
Revenues FY 24-25 448,783.75$
Total Revenues for last five years 2,641,054.56$
Funds Held in Excess of Five Years (34,447.80)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
N/A
24
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 boundaries. Specifically, Chapter 8 of the
Public Facilities Financing Plan for the Orcutt Area Specific Plan provides a detailed description of the
transportation improvements needed to serve this area. The fees are intended to fund transportation
improvements or 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 constructed transportation improvements beyond their fair
share and are also included in the Orcutt Area Transportation Impact Fee calculation. The fee was created as a
financing strategy to fund the burden of public facilities that must be funded by development in the Orcutt Area
Specific Plan.
The OASP Public Facilities Financing Plan (PFFP) was originally prepared in September 2009, and revised in
November 2016, December 2017, and October 2018, to update costs reflecting current construction estimates
and to revise the scope of certain capital improvement projects within the PFFP. The Orcutt Area Transportation
Impact Fee fund was established in FY 2020-21 with the reorganization of the chart of accounts to account for
Orcutt Area Transportation Impact Fees separately from other transportation impact fees.
As of June 30, 2025, the fund balance available for expenditure was $1,864,800.06. There have been no
expenditures made in the prior four years. Refer to Exhibit A and Exhibit B for details of projects which are being
funded with this fee. Fund balance is being held until eligible transportation projects are identified in the Orcutt Area.
As of June 30, 2025, there were no funds collected which had been held for more than five years.
25
515 - OASP Transportation Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year -$ 692,609.95$ 1,392,254.93$ 1,408,677.24$ 1,473,245.02$
Interest 51.35$ (29,354.51)$ 16,422.31$ 64,567.78$ 82,225.04$
Impact Fees 909,089.60$ 728,999.49$ -$ -$ 309,330.00$
Total Revenue 909,140.95$ 699,644.98$ 16,422.31$ 64,567.78$ 391,555.04$
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$ 1,473,245.02$ 1,864,800.06$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year 692,609.95$ 1,392,254.93$ 1,408,677.24$ 1,473,245.02$ 1,864,800.06$
Net Fund Ending Balance (6/30/25) 1,864,800.06$
Less: Revenues for last five years:
Revenues FY 20-21 909,140.95$
Revenues FY 21-22 699,644.98$
Revenues FY 22-23 16,422.31$
Revenues FY 23-24 64,567.78$
Revenues FY 24-25 391,555.04$
Total Revenues for last five years 2,081,331.06$
Funds Held in Excess of Five Years (216,531.00)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
N/A
26
Wastewater and Water Impact Fees
27
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. Effective June 5, 2019, the Wastewater Impact Fee was updated
to include the cost of the Buckley Lift Station, the updated fee was adopted via Resolution No. 11020. The fees
collected 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 are listed in the 2017 Water
and Wastewater Capacity and Connection Fee Study. Wastewater Impact Fees are governed by Municipal Code
4.20.140 and 4.56. The Wastewater Impact Fee Fund 506 is used to separately collect and account for
Wastewater Impact Fees. The fees collected are transferred to the Sewer Fund (602) as reimbursement and/or
advancement for eligible project costs which occur from the Sewer Fund.
As of June 30, 2025, the fund balance available for expenditure is $5,799,629.03. Expenditures from fund balance
totaled $943,559.30 in FY 2024-25. Refer to Exhibit A and Exhibit B for details of projects which are being funded
with this fee. As of June 30, 2025, there were no funds which had been held for more than five years.
506 - Wastewater Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year 1,327,831.75$ 1,313,758.21$ 2,059,353.65$ 2,075,751.37$ 5,006,412.64$
Prior Period Adjustment (1) -$ 875,136.06$ -$ -$ -$
Fund Balance Beginning of Year After Adjustment 1,327,831.75$ 2,188,894.27$ 2,059,353.65$ 2,075,751.37$ 5,006,412.64$
Interest 412.53$ 11,202.64$ 4,104.37$ 19,232.11$ -$
Impact Fees 3,822,468.61$ 3,685,007.64$ 1,980,885.60$ 2,911,429.16$ 2,729,022.70$
Total Revenue 3,822,881.14$ 3,696,210.28$ 1,984,989.97$ 2,930,661.27$ 2,729,022.70$
Expenses -$ -$ -$ -$ -$
Transfers Out (4)3,836,954.68$ 3,825,750.90$ 1,968,592.25$ -$ 943,559.30$
Total Expenditures 3,836,954.68$ 3,825,750.90$ 1,968,592.25$ -$ 943,559.30$
Fund Balance End of Year 1,313,758.21$ 2,059,353.65$ 2,075,751.37$ 5,006,412.64$ 6,791,876.04$
Interest Receiveable - Long Term Loans (2) -$ -$ -$ 134,087.39$ 193,502.01$
Less Loans Receivable (3) -$ 798,745.00$ 798,745.00$ 798,745.00$ 798,745.00$
Net Fund Balance End of Year 1,313,758.21$ 1,260,608.65$ 1,277,006.37$ 4,073,580.25$ 5,799,629.03$
Net Fund Ending Balance (6/30/25) 5,799,629.03$
Less: Revenues for last five years:
Revenues FY 20-21 3,822,881.14$
Revenues FY 21-22 3,696,210.28$
Revenues FY 22-23 1,984,989.97$
Revenues FY 23-24 2,930,661.27$
Revenues FY 24-25 2,729,022.70$
Total Revenues for last five years 15,163,765.36$
Funds Held in Excess of Five Years (9,364,136.33)$ if positive, subject to findings
Notes
Five Year Revenue Analysis
(1) Prior Period Adjustments are related to Loan Receivable & Accrued Interest
(2) Interest Receivable - Long Term Loans is related to interest on deferred payment of impact fees related to affordable housing developments and reduces the
amount of available funding.
(3) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments and reduces the amount of available funding.
(4) Transfers Out to Enterprise Fund for reimbursement and/or advancement of eligible project expenditures which occur out of the Enterprise Fund.
28
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. The fees collected are intended to fund 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 are listed in the 2017
Water and Wastewater Capacity and Connection Fee Study. Water Impact Fees are governed by Municipal Code
4.20.140 and 4.56. The Water Impact Fee Fund 506 is used to separately collect and account for Water Impact
Fees. The fees collected are transferred to the Water Fund (601) as reimbursement and/or advancement for
eligible project costs which occur from the Water Fund.
As of June 30, 2025, the fund balance available for expenditure was $6,851,326.63. Expenditures from fund
balance totaled $2,643,232.35 in FY 2024-25. Refer to Exhibit A and Exhibit B for details of projects which are
funded with this fee. As of June 30, 2025, there were no funds which had been held for more than five years.
509 - Water Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year -$ (2,019.05)$ 1,654,607.49$ 1,688,539.45$ 6,410,586.48$
Prior Period Adjustment (1) -$ 1,624,196.66$ -$ -$ -$
Fund Balance Beginning of Year After Adjustment -$ 1,622,177.61$ 1,654,607.49$ 1,688,539.45$ 6,410,586.48$
Interest 59.19$ 34,684.96$ 32,425.24$ 35,327.89$ -$
Impact Fees 4,744,361.10$ 5,160,019.76$ 3,616,306.55$ 4,686,719.14$ 4,843,918.78$
Total Revenue 4,744,420.29$ 5,194,704.72$ 3,648,731.79$ 4,722,047.03$ 4,843,918.78$
Expenses -$ -$ -$ -$ -$
Transfers Out (4)4,746,439.34$ 5,162,274.84$ 3,614,799.83$ -$ 2,643,232.35$
Total Expenditures 4,746,439.34$ 5,162,274.84$ 3,614,799.83$ -$ 2,643,232.35$
Fund Balance End of Year (2,019.05)$ 1,654,607.49$ 1,688,539.45$ 6,410,586.48$ 8,611,272.91$
Interest Receiveable - Long Term Loans (2) -$ -$ -$ 253,900.30$ 283,603.81$
Less Loans Receivable (3) -$ 1,476,189.03$ 1,476,189.03$ 1,476,342.47$ 1,476,342.47$
Net Fund Balance End of Year (2,019.05)$ 178,418.46$ 212,350.42$ 4,680,343.71$ 6,851,326.63$
Net Fund Ending Balance (6/30/25) 6,851,326.63$
Less: Revenues for last five years:
Revenues FY 20-21 4,744,420.29$
Revenues FY 21-22 5,194,704.72$
Revenues FY 22-23 3,648,731.79$
Revenues FY 23-24 4,722,047.03$
Revenues FY 24-25 4,843,918.78$
Total Revenues for last five years 23,153,822.61$
Funds Held in Excess of Five Years (16,302,495.98)$ if positive, subject to findings
Notes
Five Year Revenue Analysis
(1) Prior Period Adjustments is related to Loan Receivable & Accrued Interest
(2) Interest Receivable - Long Term Loans is related to interest on deferred payment of impact fees related to affordable housing developments and reduces the
amount of available funding.
(3) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments and reduces the amount of available funding.
(4) Transfers Out to Enterprise Fund for reimbursement and/or advancement of eligible project expenditures which occur out of the Enterprise Fund.
29
Emergency Service Facilities Impact Fee
30
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 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, all of which are needed to serve new development.
As of June 30, 2025, the fund balance available for expenditure is $393,732.58. There have been no expenditures
from this fund since inception, however, it is expected that a portion of the balance will be used in FY 2025-26 to fund
improvements to Fire Station 3 & 4 remodels. Refer to Exhibit A and Exhibit B for details of projects which are
funded with this fee. As of June 30, 2025, there were no funds collected that had been held for more than five years.
516 - Fire Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year -$ 66,123.61$ 200,219.76$ 214,607.26$ 398,564.20$
Interest 10.18$ (16,497.18)$ 2,710.96$ 14,584.27$ 22,401.43$
Transfers In (1) -$ 85,996.16$ -$ -$ -$
Impact Fees 66,113.43$ 64,597.17$ 11,676.54$ 169,372.67$ 90,289.85$
Total Revenue 66,123.61$ 134,096.15$ 14,387.50$ 183,956.94$ 112,691.28$
Expenses -$ -$ -$ -$ -$
Reimbursements -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ -$ -$ -$
Fund Balance End of Year 66,123.61$ 200,219.76$ 214,607.26$ 398,564.20$ 511,255.48$
Less Interest Receivable - Long Term Loans (2) -$ -$ -$ 12,005.26$ 14,954.16$
Less Loans Receivable (3) -$ 78,276.25$ 78,276.25$ 102,568.74$ 102,568.74$
Net Fund Balance End of Year 66,123.61$ 121,943.51$ 136,331.01$ 283,990.20$ 393,732.58$
Net Fund Ending Balance (6/30/25) 393,732.58$
Less: Revenues for last five years:
Revenues FY 20-21 66,123.61$
Revenues FY 21-22 134,096.15$
Revenues FY 22-23 14,387.50$
Revenues FY 23-24 183,956.94$
Revenues FY 24-25 112,691.28$
Total Revenues for last five years 511,255.48$
Funds Held in Excess of Five Years (117,522.90)$ if positive, subject to findings
Notes
Five Year Revenue Analysis
(1) Transfer in from Fund 508: FY 2019/ 20 = $96,344.08 fees + $2,732.41 int = $99,076.49; FY 2020/21 = $235.50 int
(2) Interest Receivable - Long Term Loans is related to interest on deferred payment of impact fees related to affordable housing developments and reduces the
amount of available funding.
(3) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments and reduces the amount of available funding.
31
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 are to be used to help construct the new police headquarters and
purchase vehicles to maintain the existing ratio of police vehicles to serve new development.
As of June 30, 2025, the fund balance available for expenditure was $543,411.50. There have been no expenditures
from this fund since inception, however, it is expected that the balance will be used in FY 2025-26 to fund tenant
improvements to a facility recently purchased by the City located at 1106 Walnut Street, which will house police
administration functions. Refer to Exhibit A and Exhibit B for details of projects which are being funded with this
fee. As of June 30, 2025, there were no funds collected which had been held for more than five years.
517 - Police Impact Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year -$ 72,656.08$ 245,445.94$ 237,008.22$ 448,418.67$
Interest 10.89$ (19,445.24)$ 3,214.90$ 16,294.44$ 26,295.93$
Transfers In (1)-$ 102,358.84$ -$ -$ -$
Impact Fees 72,645.19$ 89,876.26$ (11,652.62)$ 195,116.01$ 165,111.92$
Total Revenue 72,656.08$ 172,789.86$ (8,437.72)$ 211,410.45$ 191,407.85$
Expenses -$ -$ -$ -$ -$
Reimbursements -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures -$ -$ -$ -$ -$
Fund Balance End of Year 72,656.08$ 245,445.94$ 237,008.22$ 448,418.67$ 639,826.52$
Less Interest Receivable - Long Term Loans (2) -$ -$ -$ 6,299.92$ 11,134.87$
Less Loans Receivable (3) -$ 56,781.01$ 56,781.01$ 85,280.15$ 85,280.15$
Net Fund Balance End of Year 72,656.08$ 188,664.93$ 180,227.21$ 356,838.60$ 543,411.50$
Net Fund Ending Balance (6/30/25) 543,411.50$
Less: Revenues for last five years:
Revenues FY 20-21 72,656.08$
Revenues FY 21-22 172,789.86$
Revenues FY 22-23 (8,437.72)$
Revenues FY 23-24 211,410.45$
Revenues FY 24-25 191,407.85$
Total Revenues for last five years 639,826.52$
Funds Held in Excess of Five Years (96,415.02)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
(1) Transfer in from Fund 508: FY 2019/ 20 = $96,344.08 fees + $2,732.41 int = $99,076.49; FY 2020/21 = $235.50 int
(2) Interest Receivable - Long Term Loans is related to interest on deferred payment of impact fees related to affordable housing developments and reduces
the amount of available funding.
(3) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments reduce the amount of available funding.
32
In-Lieu Fees
» Affordable Housing «
» Parkland (Quimby) «
» Open Space Protection «
» Parking «
» Public Art «
33
Parkland In-Lieu Fee (Quimby) - Fund 501
The Parkland In-Lieu Fee was established in 2018 per Government Code 66477, also known as the Quimby Act,
and applies to new single-family and multifamily condominium developments. Parkland In-lieu Fees are
governed by Municipal Code 16.22.040 – 16.22.110. Developers are required to either dedicate parkland or pay
an in-lieu fee as a condition of approval. The land, fees, or combination thereof are to be used only for the
purpose of developing new or rehabilitating existing neighborhood parks, community parks or recreational
facilities which 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.
As of June 30, 2025, the fund balance available for expenditure was $351,517.50. Expenditures from fund balance
totaled $1,759,459.54 in FY 2024-25. Refer to Exhibit A and Exhibit B for details of projects which are funded
with this fee. As of June 30, 2025, there were no funds which had been held for more than five years.
501 - Quimby In-Lieu Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year 4,709,560.11$ 3,405,467.67$ 3,107,198.95$ 3,205,116.00$ 2,241,596.43$
Prior Period Adjustment (1) (3,193,263.41)$ -$ -$ -$ -$
Fund Balance Beginning of Year After Adjustment 1,516,296.70$ 3,405,467.67$ 3,107,198.95$ 3,205,116.00$ 2,241,596.43$
Interest 941.09$ (84,393.63)$ 37,390.95$ 142,963.66$ 60,968.64$
In-Lieu Fees (4) 1,900,253.58$ 126,518.63$ 110,414.52$ 128,484.95$ 56,134.40$
Total Revenue 1,901,194.67$ 42,125.00$ 147,805.47$ 271,448.61$ 117,103.04$
Expenses 12,023.70$ 340,393.72$ 49,888.42$ 1,234,968.18$ 1,759,459.54$
Reimbursements -$ -$ -$ -$ -$
Total Expenditures 12,023.70$ 340,393.72$ 49,888.42$ 1,234,968.18$ 1,759,459.54$
Fund Balance End of Year 3,405,467.67$ 3,107,198.95$ 3,205,116.00$ 2,241,596.43$ 599,239.93$
Interest Receivable - Long Term Loans (2) -$ -$ -$ 15,421.27$ 20,163.70$
Less Loans Receivable (3) -$ 143,044.36$ 143,044.36$ 227,588.73$ 227,558.73$
Net Fund Balance End of Year 3,405,467.67$ 2,964,154.59$ 3,062,071.64$ 1,998,586.43$ 351,517.50$
Net Fund Ending Balance (6/30/25) 351,517.50$
Less: Revenues for last five years:
Revenues FY 20-21 1,901,194.67$
Revenues FY 21-22 42,125.00$
Revenues FY 22-23 147,805.47$
Revenues FY 23-24 271,448.61$
Revenues FY 24-25 117,103.04$
Total Revenues for last five years 2,479,676.79$
Funds Held in Excess of Five Years (2,128,159.29)$ 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) Interest Receivable - Long Term Loans is related to interest on deferred payment of impact fees related to affordable housing developments and reduces the
amount of available funding.
(3) Loans Receivable are related to deferred payment of impact fees related to affordable housing developments reduces the amount of available funding.
(4) In-Lieu Fees includes Parkland In-Lieu Fees as well as the Dwelling Unit Fee.
34
Open Space Protection In-Lieu Fee – Fund 502
The Open Space Protection In-Lieu Fee was established in 2005 by Resolution No. 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 was discontinued in 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.
As of June 30, 2025, the fund balance available for expenditure was $100,484.32. There were no expenditures in
FY 2024-25. Refer to Exhibit A for details of projects which are funded with this fee. As of June 30, 2025, there
were no funds which had been held for more than five years.
502 - Open Space Protection In-Lieu Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year 20,310.51$ 20,315.51$ 12,949.06$ 13,097.39$ 13,697.72$
Interest 5.00$ (466.45)$ 148.33$ 600.33$ 3,086.60$
Other State Grants -$ -$ -$ -$
Misc. Revenue (1) -$ -$ -$ -$ 83,700.00$
In-Lieu Fees -$ -$ -$ -$ -$
Total Revenue 5.00$ (466.45)$ 148.33$ 600.33$ 86,786.60$
Expenses -$ -$ -$ -$ -$
Transfers Out -$ 6,900.00$ -$ -$ -$
Total Expenditures -$ 6,900.00$ -$ -$ -$
Fund Balance End of Year 20,315.51$ 12,949.06$ 13,097.39$ 13,697.72$ 100,484.32$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year 20,315.51$ 12,949.06$ 13,097.39$ 13,697.72$ 100,484.32$
Net Fund Ending Balance (6/30/25) 100,484.32$
Less: Revenues for last five years:
Revenues FY 20-21 5.00$
Revenues FY 21-22 (466.45)$
Revenues FY 22-23 148.33$
Revenues FY 23-24 600.33$
Revenues FY 24-25 86,786.60$
Total Revenues for last five years 87,073.81$
Funds Held in Excess of Five Years 13,410.51$ if positive, then subject to findings (2)
Notes
Five Year Revenue Analysis
(1) Misc. Revenue is related to other Open Space activities and does not include any In-Lieu Fees
(2) Balance held longer than 5 years is related to $200,000 State Grant in FY 19-20. Findings not required for State Grant Revenue held more than five
years.
35
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. This fee is governed by Municipal Code 17.138.060.
As of June 30, 2025, the fund balance available for expenditure was $(2,639,233.06). Expenditures from fund
balance totaled $207,000. Refer to Exhibit A and Exhibit B for details of projects which are funded with this fee.
As of June 30, 2025, there were no funds which had been held for more than five years.
Transfers Out: The transfers out amount of $207,000 was to the General Fund for FY 2024-25 and is comprised of the
following: $150,000 for HouseKeys Contract Renewal; $40,000 for Housing Trust Fund; and $17,000 for administrative
expenses. These are set amounts that occur annually and are expected to continue in future years.
Negative Fund Balance: The negative fund balance $(2,639,233.06) can be attributed to the Interest Receivable on Long
Term Loans in the amount of $2,850,875.37. This item reduces the amount of available fund balance because the City
is not expected to have the cash in hand for many years. This amount was not taken into consideration at the time staff
requested and Council approved the 736 Orcutt project, which exceeded the Affordable Housing Fund’s available
balance to provide for new initiatives. The result is that the available fund balance is now negative and will require
replenishment before further initiatives can be considered. Additionally, there is still $9,159,751.16 in Loans Receivable
to twenty affordable housing projects within the city that have been built over the last 25 years. These loans vary in
term and interest rates, from 20 to 55-year repayment terms and anywhere from 0-4% fixed interest. These loans
receivables reduce the available fund balance which can be expended in future years. Furthermore, in-lieu fee revenue
was slightly lower in FY 2024-25. In-Lieu Fees are the only source of revenue to this fund.
36
505 - Affordable Housing Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year 8,589,919.11$ 9,178,296.23$ 9,784,738.96$ 10,275,529.96$ 8,540,730.56$
Prior Period Adjustments (1) 417,042.00$ 165,548.77$ (420,335.00)$ -$ 70,654.13$
Fund Balance Beginning of Year After Adjustment 9,006,961.11$ 9,343,845.00$ 9,364,403.96$ 10,275,529.96$ 8,611,384.69$
Interest 218,935.12$ (37,152.17)$ 176,699.03$ 119,868.30$ 79,428.92$
Misc Revenue 153,171.13$ 419,260.00$ -$ -$
Grants -$ -$ 1,700,000.00$ 1,358,189.20$ (600.00)$
Housing Loan Repayment -$ -$ -$ 138,625.00$ -$
In Lieu Fees 10,600.00$ 411,875.00$ 554,987.90$ 355,408.10$ 219,116.86$
Total Revenue 229,535.12$ 527,893.96$ 2,850,946.93$ 1,972,090.60$ 297,945.78$
Expenses -$ -$ 1,700,000.00$ 3,499,890.00$ -$
Transfers Out 58,200.00$ 87,000.00$ 239,820.93$ 207,000.00$ 207,000.00$
Total Expenditures 58,200.00$ 87,000.00$ 1,939,820.93$ 3,706,890.00$ 207,000.00$
Fund Balance End of Year 9,178,296.23$ 9,784,738.96$ 10,275,529.96$ 8,540,730.56$ 8,702,330.47$
Add Unearned Revenue (ARPA Grant) (2) -$ 2,964,467.00$ 1,264,467.00$ -$ -$
Less Loans Receivable (3) 8,001,471.16$ 9,670,906.16$ 9,229,751.16$ 9,229,751.16$ 9,159,751.16$
Less Interest Receivable - Long Term Loans (4) -$ -$ -$ 2,589,658.15$ 2,850,875.37$
Less Allowance for Doubtful Accounts (5) (215,000.00)$ (669,063.00)$ (669,063.00)$ (669,063.00)$ (669,063.00)$
Net Fund Balance End of Year 1,391,825.07$ 3,747,362.80$ 2,979,308.80$ (2,609,615.75)$ (2,639,233.06)$
Net Fund Ending Balance (6/30/25) (2,639,233.06)$
Less: Revenues for last five years:
Revenues FY 20-21 229,535.12$
Revenues FY 21-22 527,893.96$
Revenues FY 22-23 2,850,946.93$
Revenues FY 23-24 1,972,090.60$
Revenues FY 24-25 297,945.78$
Total Revenues for last five years 5,878,412.39$
Funds Held in Excess of Five Years (8,517,645.45)$ if positive, then subject to findings
Notes
(1) Prior Period Adjustments FY 20-21 and FY 21-22 are related to Loan Receivable & Accrued Interest. Prior Period Adjustments for FY 22-23 are related to the
separation of BEGIN loan activity into a new Fund; Prior Period Adjustments for FY 24-25 is for prior year Housing Repayment Loan not previously recorded.
(2) Unearned Revenue is ARPA Grant not reflected as Revenue.
(3) Loans Receivable are affordable housing loans to property owners. Loans Receivables reduce the amount of available funding for future spending.
(4) Interest Receivable - Long Term Loans is interest on long term affordable housing loans to property owners. Interest Receivable reduce the amount of
available funding for future spending.
(5) Allowance for doubtful accounts reduces the Loans Receivables and represents the portion of Loans Receivables which may not be realized.
Five Year Revenue Analysis
37
Parking In-Lieu Fee - Fund 611
Parking In-Lieu fees are governed by the City’s Municipal Code 4.30 (Ordinance No. 1422) established in 2002
and are collected to satisfy parking demand requirements for new development projects within a designated
parking in-lieu fee area. The fees collected contribute to the revenue of the Parking Enterprise Fund and can be
used only for the development or maintenance of parking to offset the demand requirement for new
development projects within the parking in-lieu fee area.
As of June 30, 2025, the fund balance available for expenditures was $0.00. Expenditures from fund balance
totaled $317,995.41 in FY 2024-25. Refer to Exhibit A and Exhibit B for details of projects which are funded with
this fee. As of June 30, 2025, there were no funds which had been held for more than five years.
611 - Parking In-Lieu Account FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year 3,362,227.47$ 3,142,232.50$ 3,142,232.50$ 2,422,917.56$ 317,995.41$
Interest -$ -$ -$ -$ -$
In-Lieu Fees 10,691.28$ -$ 23,823.96$ -$ -$
Total Revenue 10,691.28$ -$ 23,823.96$ -$ -$
Expenses 230,686.25$ -$ 743,138.90$ 2,104,922.15$ 317,995.41$
Reimbursements -$ -$ -$ -$ -$
Transfers Out -$ -$ -$ -$ -$
Total Expenditures 230,686.25$ -$ 743,138.90$ 2,104,922.15$ 317,995.41$
Fund Balance End of Year 3,142,232.50$ 3,142,232.50$ 2,422,917.56$ 317,995.41$ -$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year 3,142,232.50$ 3,142,232.50$ 2,422,917.56$ 317,995.41$ -$
Net Fund Ending Balance (6/30/25) -$
Less: Revenues for last five years:
Revenues FY 20-21 10,691.28$
Revenues FY 21-22 -$
Revenues FY 22-23 23,823.96$
Revenues FY 23-24 -$
Revenues FY 24-25 -$
Total Revenues for last five years 34,515.24$
Funds Held in Excess of Five Years (34,515.24)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
N/A
38
Public Art In-Lieu Fee - Fund 207
The Public Art In-Lieu Fee, adopted by the City Council on September 14, 2000, through Ordinance No. 1372,
reflects the City's commitment to enhancing its cultural and aesthetic landscape. The program dates to 1990,
when the City established the Visual Arts in Public Places Program, which required 1% of City-funded capital
projects to be dedicated to public art. In 2000, this initiative was expanded to include private development,
requiring non-residential projects with construction costs exceeding $100,000 to contribute public art valued at
0.5% of the total cost or pay an in-lieu fee to the City's public art fund. The program offers developers flexibility,
allowing them to either incorporate art into their projects or contribute to the broader public art fund. This
voluntary approach helps ensure that public art continues to enrich the City's cultural landscape by enhancing
both private developments and public spaces. Governed under Municipal Code 17.70.140, the Public Art In-Lieu
Fee plays a vital role in promoting the City's artistic and cultural goals, helping to create a more vibrant and
engaging environment for residents and visitors alike.
As of June 30, 2025, the fund balance available for expenditure was $1,557,870.95. Expenditures from fund
balance totaled $408,091.41 in FY 2024-25. Refer to Exhibit A and Exhibit B for details of projects which are
funded with this fee. As of June 30, 2025, there were no funds that had been given for more than five years.
207 - Public Art In-Lieu Fee Fund FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
Fund Balance Beginning of Year 591,096.94$ 568,401.48$ 798,038.30$ 1,269,844.49$ 1,526,587.79$
Interest 143.88$ (16,319.37)$ 16,742.18$ 63,177.70$ 76,040.57$
Transfers In -$ 442,500.00$ 442,500.00$ 425,000.00$ 312,848.00$
In-Lieu Fees (1,357.13)$ 99,698.00$ 220,854.00$ 49,763.00$ 50,486.00$
Total Revenue (1,213.25)$ 525,878.63$ 680,096.18$ 537,940.70$ 439,374.57$
Expenses 21,482.21$ 296,241.81$ 208,289.99$ 190,647.40$ 303,141.41$
Transfers Out -$ -$ -$ 90,550.00$ 104,950.00$
Total Expenditures 21,482.21$ 296,241.81$ 208,289.99$ 281,197.40$ 408,091.41$
Fund Balance End of Year 568,401.48$ 798,038.30$ 1,269,844.49$ 1,526,587.79$ 1,557,870.95$
Less Loans Receivable -$ -$ -$ -$ -$
Net Fund Balance End of Year 568,401.48$ 798,038.30$ 1,269,844.49$ 1,526,587.79$ 1,557,870.95$
Net Fund Ending Balance (6/30/25) 1,557,870.95$
Less: Revenues for last five years:
Revenues FY 20-21 (1,213.25)$
Revenues FY 21-22 525,878.63$
Revenues FY 22-23 680,096.18$
Revenues FY 23-24 537,940.70$
Revenues FY 24-25 439,374.57$
Total Revenues for last five years 2,182,076.83$
Funds Held in Excess of Five Years (624,205.88)$ if positive, then subject to findings
Notes
Five Year Revenue Analysis
N/A
39
Exhibit A
Project Detail List
Exhibit A provides a detailed list of projects which are being funded by impact fees collected. Details of projects include Construction Start Date, Project Status,
Total Estimated Project Cost, Estimated Project Cost Fund by Fees, % of Project Funded by Fees, Fees Expended to Date, and the % of Fees Funded. This information
is provided to satisfy Annual Reporting Requirements of The Mitigation Fee Act. Data provided is from the Impact Fee Nexus Studies, Financial Plans and/ or
Capital Improvement Plans. Expenditures to date are from July 1, 2018, to current due to the implementation of new accounting system.
Parkland Funds Project Details
Citywide Park Development Impact Fee (Fund 510)
CIP Project Number CIP Project Name
Project Start
Date
Project Status
as of 6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended
to Date
% of Fees
Expended
n/a n/a n/a n/a -$ -$ n/a -$ n/a
Citywide Park Improvement Impact Fee (Fund 519)
CIP Project Number CIP Project Name
Project Start
Date
Project Status
as of 6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended
to Date
% of Fees
Expended
2000188 Mitchell Park Improvements Feb-24 Completed 476,671.75$ 225,000.00$ 47% 224,835.99$ 100%
20000514 Emerson Park Amenity Upgrades & Beautification TBD Design 4,664,612.00$ 1,854,612.00$ 40% -$ 0%
Orcutt Area Specific Plan Parks Impact Fee (Fund 511)
CIP Project Number CIP Project Name
Project Start
Date
Project Status
as of 6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended
to Date
% of Fees
Expended
2000057 Orcutt Area Parks (Linear, Pocket)TBD Design 4,157,523.31$ 2,734,487.70$ 66% 735,621.37$ 27%
2000054 Righetti Community Park TBD Design 27,363,912.00$ 2,093,623.00$ 8% 28,635.27$ 1%
Margarita Area Development Impact Fee (Fund 512)
CIP Project Number CIP Project Name
Project Start
Date
Project Status
as of 6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended
to Date
% of Fees
Expended
TBD MASP Planned Park TBD Not Started 16,075,928.70$ 3,454,600.12$ 21% -$ 0%
40
Transportation Funds Project Details
Citywide Transportation Development Impact Fee (Fund 507)Citywide Transportation Development Impact Fee (Fund 507)
TIF Program Project Identification CIP Project Number CIP Project Name
Construction
Start Date
Project Status as
of 6/30/2024
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Funded
91435 LOVR Interchange Landscape
2099821 San Luis Creek Bridge Widening at LOVR
1000013 WRRF Modeling
91613/ 2091613 Prado Road Interchange
91611 Orcutt Tank Farm Roundabout Design
1000164/ 2000164 Orcutt/Tank Farm Roundabout Construction
#8 - S. Broad Street Intersections 91609 Broad Street Corridor Access Improvements 2030 Ongoing (b) 5,000,000.00$ 4,000,000.00$ 80% $ 296,735.73 7%
N/A Reimbursement Agreement - SLO Public Market
(Tank Farm/Long Traffic Signal)
N/A Reimbursement Agreement- The Connect SLO
(Orcutt/Sacramento/Duncan Traffic Signal)
Unknown Prior Project - Miscellaneous Expenses 91293 Railroad Crossing Upgrade - California & Foothill N/A N/A 5,406.00$ 5,406.00$ 100% $ 5,406.00 100%
91294/ 2091294 Higuera at 50 Higuera Widening 2025 Design
91610/ 2091610 Higuera Street Widening Bridge to Elks 2025 Design
#15F - Prado Rd. Bridge Widening: West of Higuera
St and Higuera & Prado Intersection Improvements 91252 Prado Road Bridge Widening 2026 Design 13,000,000.00$ 5,200,000.00$ 40% $ 291,288.40 6%
#19 - Prado Rd Extension S. Higuera to Broad 2000195 Prado Road Extenstion Reimbursement 2035 Ongoing (d) 26,526,200.00$ 8,013,184.00$ 30% $ - 0%
91375/ 2091375 Railroad Safety Trail Taft to Pepper - 2018
2000609 Railroad Safety Trail Implementation
#22 - Broad Bicycle Blvd / Anholm Bikeway 2000036 North Chorro Neighborhood Greenway - Phase 2 2024 Complete 5,000,000.00$ 1,196,542.00$ 24% $ 207,005.00 17%
1000502 Active Transportation Plan Implementation
99615/ 2099615 Bicycle Projects
1000073/ 2000073 Transportation Safetey and Operations
2000069 Pedestrian Crossing Improvements
1000015 2018 Transportation Monitoring
90949 Traffic Model Update
1000537/ 2000537 Transportation Monitoring & Modeling Update
2000165 Transportation Impact Fee Program Update
90653 Traffic Volume Counts
a - Interchange project substantially completed in 2016, wtih additional costs incurred through 2022 for landscape mitigation. Ongoing costs include pay-down of debt financing obligations for interchange construction.
b - TIF Project #8 includes upgrades at multiple intersections. One intersection improvemetn (Broad/Woodbridge) was substantially completed in 2022, with the remaining anticipated to start construction by 2030.
c - TIF Project #9 includes multiple intersection control upgrades within the city. Two of these intersections (Tank Farm/Long and Orcutt/Sacramento) were completed in 2021, with the remaining anticipated to start construction by 2030.
d - TIF Project #19 includes a larger road extension. A portion of this project was constructed (Higuera to Serra Meadows) is copmlete, with the remaining street extension anticipated to be constructed in phases through 2035.
e - TIF Project #21 includes a larger cross-town bicycle path, a portion of which was completed in 2022 (Taft to Pepper). The remainder is expected to be constructed by 2035.
f - TIF Project #40 includes several planned pedestrian/bicycle intersection crossing upgrades throughout the city. A portion of these are completed, with the remaining anticipated to be compelted by 2030.
Airport Area Transportation Development Impact Fee (Fund 503)
TIF Project Name CIP Project Number CIP Project Name
Construction
Start Date
Project Status as
of 6/30/2024
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Funded
91252 Prado Road Bridge Widening TBD Design 22,042,320.00$ 3,875,000.00$ 18% 646,172.92$ 17%
91613/ 2091613 Prado Road Interchange TBD Planning 72,319,571.00$ 2,130,000.00$ 3% 47,687.78$ 2%
2000056 Reimbursement Agreement - 600 Tank Farm 2035 Ongoing (a) 7,250,751.00$ 7,250,751.00$ 100% 127,951.77$ 2%
1,500,000.00$ Ongoing (f)
a - AASP TIF Project "Tank Farm Road (Including Median Improvements) includes a larger corridor improvement project with road widening, a new roundabout at Tank Farm/Santa Fe. Current expenditures reflect costs for pre-construction work related to the Tank Farm/Santa Fe Roundabout
as part of the the 600 Tank Farm Road development project. Note that AASP TIF was retired in 2018 and projects were consolidated/transfered into Citywide TIF program. Funds reported here are for AASP TIF fees collected from development projects vested prior to 2018. Fees
collected/expended on this project were excluded from TIF project costs included in Citywide TIF in 2018.
$ 97,615.90 11%900,000.00$ 60%
Tank Farm Road (Including Median Improvements)
100% $ 357,794.75 5%#1 - Hwy 101/LOVR Interchange
#9 - Misc. Intersection Control Upgrades $ 15,750,000.00 $ 15,750,000.00
$ 7,134,172.00 $ 7,134,172.00 N/A Complete (a)/
Debt Service
7%
#4 - Orcutt & Tank Farm Intersection N/A Complete $ 4,748,684.00 $ 2,750,000.00 58% $ 2,755,687.42 100%
100% $ 679,911.10 4%2030 Ongoing (c )
103%Ongoing (e )
17%
#44 - Traffic Volume Count Program and Traffic
Model Ongoing Ongoing $ 900,000.00 $ 900,000.00 100% $ 109,855.65 12%
#21 - Railroad Safety Trail $ 11,000,000.00 $ 2,871,701.00 26% $ 2,966,465.02
#2 - Hwy 101/Prado Interchange 2028 Design 22% $ 35,000,000.00 $ 7,560,000.00 $ 1,249,672.43
#13 - Higuera Widening: Madonna Rd to City Limits $ 6,120,000.00 $ 2,754,000.00 45% $ 196,578.13
2035
#40 - MIsc. Ped Bike X-Ing Controls 2030
41
Emergency Service Funds Project Details
Los Osos Valley Road Impact Fee Fund (Fund 504)
TIF Project Name CIP Project Number CIP Project Name
Construction
Start Date
Project Status as
of 6/30/2024
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Funded
T5,T6 - Costco Calle Joaquin Relocation Cost 1000175 Costco LOVR Development Reimbursement N/A Ongoing (a) 6,488,429.25$ 6,488,429.25$ 100% 4,999,362.69$ 77%
San Luis Ranch Transportation Development Impact Fee (Fund 514)
TIF Project Name CIP Project Number CIP Project Name
Construction
Start Date
Project Status as
of 6/30/2024
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Funded
#29 - Madonna Class I (Hwy 101 to Oceanaire) 1000567/ 2000567 Madonna Road Bike Path Landscaping Design 2026 Ongoing (a) 1,500,000.00$ 510,000.00$ 34% 27,799.80$ 5%
#9 - Misc. Intersection Control Upgrades 1000073 Transportation Safety & Operations 2030 Ongoing (f) 15,750,000.00$ 15,750,000.00$ 100% 6,648.00$ 0%
b - TIF Project #9 includes multiple intersection control upgrades within the city. One intersection (LOVR/Calle Joaquin) was compelted in 2022, with the remaining anticipated to start construction by 2030.
Orcutt Area Transportation Impact Fee (Fund 515)
TIF Project Name CIP Project Number CIP Project Name
Construction
Start Date
Project Status as
of 6/30/2024
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Funded
T6 - Orcutt Road Widening N/A Orcutt Associates, LLC - Settlement/Reimbursement N/A Complete 383,400.00$ 344,592.00$ 90% 216,531.00$ 63%
B1 - Pedestrian and Bicycle Paths 20001062 ATP - Railroad Safety Trail & Bullock Culvert Replace 2027 Planning 2,800,000.00$ 2,800,000.00$ 100% -$ 0%
a - TIF Project XXX includes ongoing payment of reimbursement obligations to Costco for construction of the Calle Joaquin Road Realignment. Construction project is complete, but timing of final pay-off of reimbursement obligation is dependent on actual LOVR TIF fees collected.
a - TIF Project #29 includes constuction of a shared-use path along Madonna Road, which was completed as part of the San Luis Ranch development in 2022. Additional expenditures through 2024 include path landscaping, which is anticipated to be completed in 2025-26.
Fire Impact Fee (Fund 516)
Project Number Project Name
Project
Start Date
Project Status as of
6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended
to Date
% of Fees
Expended
Fire Station Improvements $ 14,372,037.00 $ 2,525,815.00 18%
TBD Fire Station 1 Fire Apparatus Repair Facility (Remodel) TBD Not Started 550,000.00$ 96,800.00$ 18% -$ 0%
TBD Fire Station 2 Remodel TBD Not Started 3,750,000.00$ 660,000.00$ 18% -$ 0%
2000516 Fire Station 3 & 4 Remodel FY 25-26 Project Design 4,150,000.00$ 730,400.00$ 18% -$ 0%
2000122 Fire Station 5 TBD Project Design 5,322,037.00$ 936,679.00$ 18% -$ 0%
TBD Fire Pumper TBD Not Started 600,000.00$ 105,600.00$ 18% -$ 0%
Fire Vehicles 5,640,022.00$ 991,206.00$ 18%
2000554 Fleet Replacement: Fire May-25 Ordered 5,640,022.00$ 991,206.00$ 18% -$ 0%
Police Impact Fee (Fund 517)
Project Number Project Name
Project
Start Date
Project Status as of
6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended
to Date
% of Fees
Expended
Police Headquarters 47,435,000.00$ 8,336,467.00$ 18%
TBD Police Headquarters TBD 40,211,086.00$ 7,065,058.00$ 18% -$ 0%
2000577 Police Headquarters: Police Station TI - 1106 Walnut FY 25-26 Ready to Construct 7,223,914.00$ 1,271,408.86$ 18% -$ 0%
Police Vehicles 609,800.00$ 609,800.00$ 100%
TBD Fleet Replacement: Police TBD Not Started 609,800.00$ 609,800.00$ 100% -$ 0%
42
Utilities Funds Project Details
In-Lieu Fee Funds Project Details
Wastewater Development Impact Fee (Fund 506)
CIP Project Number CIP Project Name
Project Start
Date Project Status as of 6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Expended
91120/100077/2000607 WRRF Major Equipment Maintenance Jul-18 Ongoing 3,762,884.06$ 602,061.45$ 16%363,413.15$ 60%
91219/ 2091219 WRRF Facility Upgrade Sep-19 Ongoing 262,514,313.00$ 46,722,533.55$ 18%See Loan Below -
DEBT09 WRRF SRF Loan N/A Debt Service*---876,911.71$ 0%
DEBT02 2014 US Bank Wastewater Lease Installment Agreement - WRRF Energy Efficiency Project N/A Debt Service 21,139,000.00$ 4,324,359.00$ 20% 691,681.11$ 16%
91118/ 2091118/1000087 Sewer Lift Station and Siphon Replacement - Calle Joaquin May-19 Complete 4,000,000.00$ 1,778,149.64$ 44%3,345,053.00$ 188%
91214 Sewer Lift Station Replacement - Margarita May-18 Complete 1,500,000.00$ 741,725.26$ 49%592,497.61$ 80%
91224/ 2091224 Sewer Lift Station Replacement - Foothill Jul-26 Planning 2,098,000.00$ 491,021.28$ 23% 29,893.22$ 6%
91369/ 2091369 Sewer Lift Station Replacement - Airport Jul-24 Planning 2,130,000.00$ 1,483,818.36$ 70% 99,610.46$ 7%
N/A Sewer Lift Station - Silver City Oct-21 Ongoing 2,150,000.00$ 319,479.00$ 15% -$ 0%
N/A Sewer Lift Station - Laguna Oct-12 Complete 3,121,300.00$ 743,281.00$ 24% -$ 0%
1000083/ 2000083 Sewer Lift Station - Buckley Sep-20 Reimbursement 2,387,877.00$ 2,387,876.51$ 100% 903,076.00$ 38%
DEBT01/ DEBT03 2008 Suntrust Loan and 2009 State Infrastructure Bank (CIEDB) Loan - Tank Farm Lift Station N/A Debt Service 18,325,682.00$ 8,532,321.18$ 47% 2,336,207.17$ 27%
*First 2019 SRF Loan payment is pending final amortization schedule.
Water Development Impact Fee (Fund 509)
CIP Project Number CIP Project Name
Project Start
Date Project Status as of 6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Expended
91506 / 2091506 Groundwater Well Development Program Mar-22 Ongoing $ 1,470,000.00 $ 573,300.00 39% $ 885,478.07 154%
- - $ 30,729,495.00 $ 4,916,719.92 16% $ 1,865,277.14 38%
91730 / 2001021 WTP Ozone System Maintenance Jul-17 Complete $ 236,133.00 $ 37,782.00 16% $ 19,491.00 52%
91731 / 2001022 WTP Chemical System Maintenance Jul-17 Complete $ 54,000.00 $ 8,640.00 16% $ 1,153.76 13%
91732 WTP Air Compressor and Dryer Maintenance Jul-17 Complete $ 50,000.00 $ 8,000.00 16% $ - 0%
91733 WTP Air Compressor Replacement Jul-17 Complete $ 10,000.00 $ 1,600.00 16% $ - 0%
99653 / 2000044 / 2001026 WTP Major Equipment Maintenance Jul-17 Complete $ 2,156,050.00 $ 344,968.00 16% $ 194,939.47 57%
1000542 / 2000542 Water Treatment Plant Major Facility Maintenance Jul-18 Ongoing $ 1,637,000.00 $ 261,920.00 16% $ 161,361.82 62%
91368 / 2091368 / 1000034 / 2000034 Water Storage Tank Maintenance Jul-18 Ongoing $ 11,836,312.00 $ 1,893,809.92 16%725,783.01$ 38%
91566 Water Treatment Plant Energy Efficiency (SST)Dec-19 Complete $ 14,750,000.00 $ 2,360,000.00 16%See Loan Below -
DEBT07 2020 CIEDB (I-Bank) Loan - Water Treatment Plant Energy Efficiency N/A Debt Service - - - $ 762,548.08 32%
-- $ 11,532,100.00 $ 4,514,857.00 39% $ 29,876.56 0.7%
1000528/ 2000528 Recycled Water Broad Street - Tank Farm to Aerovista Deferred Preliminary - - - $ 5,503.12 0.1%
1000530 / 2000530 Recycled Water Tank Jul-21 Preliminary - - - $ 21,845.82 0.5%
2000573 / 1000573 Recycled Water Systems Retrofits Jul-22 Preliminary - - - $ 2,527.62 0.1%
DEBT04 2012 Water Revenue Refunding Bond N/A Debt Service $ 24,842,500.00 $ 3,831,389.00 15% $ 427,950.00 11%
DEBT05 2018 Refunding Bond (Refund 2005, 2006, 2009 Bonds) N/A Debt Service $ 7,776,700.00 $ 3,888,350.00 50% $ - 0%
DBET06 2018 Refunding Water Bond (Refund 2006 Bonds) N/A Debt Service $ 22,566,900.00 $ 3,480,430.00 15%1,494,588.53$ 43%
DEBT08 Nacimiento Pipeline N/A Debt Service $ 149,879,829.00 $ 58,678,467.00 39% $ 12,646,418.53 22%
Water Treatment
Water Reuse
43
Affordable Housing Inclusionary In-Lieu Fee (Fund 505)
Project Number Project Name
Project
Start Date
Project Status as of
6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expenses to
Date % Funded
1000125 Courtyard at the Meadows Dec-18 Complete 14,100,000.00$ 527,401.04$ 4% 527,401.04$ 100%
90496 Housing Trust Fund* Sep-18 Complete unknown -$ n/a -$ n/a
N/A 527 Branch St/ 526 South St* Jun-19 Complete 1,411,500.00$ -$ n/a -$ n/a
1000193 AHF Broad Street Place* Mar-21 Complete unknown -$ n/a -$ n/a
N/A Anderson Hotel* Apr-23 Complete 55,600,000.00$ -$ n/a -$ n/a
N/A Bridge Street Feb-24 Complete 25,001,889.00$ 1,925,076.00$ 8% 1,925,076.00$ 100%
N/A Maxine Lewis Feb-24 Complete 19,700,000.00$ 310,347.00$ 2% 310,347.00$ 100%
*Funded entirely by other sources, no In-Lieu Fees were used.
Parkland In-Lieu Quimby Fee (Fund 501)
Project Number Project Name
Project
Start Date
Project Status as of
6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Expended
91563 Pickleball Courts Jul-19 Complete 148,587.50$ 148,587.50$ 100% 148,587.50$ 100%
91564 Sinsheimer Park Tennis Court Lighting Canceled Canceled -$ -$ n/a -$ n/a
91683/ 2091683 North Broad Street Park Dec-23 Complete 1,675,283.00$ 1,511,203.14$ 90% 1,511,203.14$ 100%
1000188/ 2000188 Mitchell Park Revitalization Project Feb-24 Complete 476,671.75$ 73,719.75$ 15% 73,719.75$ 100%
1000190 Emerson Park Fitness Court Nov-21 Complete 299,748.29$ 299,748.29$ 100% 298,976.09$ 100%
2001068 Laguna Lake Dog Park Sep-24 Complete 1,853,683.00$ 1,574,290.00$ 85% 1,574,111.69$ 100%
Open Space In-Lieu Protection (Fund 502)
Project Number Project Name
Project
Start Date
Project Status as of
6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Expended
91112 Froom Ranch Improvements N/A Complete 25,169.81$ 25,169.81$ 100% 25,169.81$ 100%
99837 Open Space Acquisition N/A Complete 848,856.67$ 848,856.67$ 100% 848,856.67$ 100%
Parking In-Lieu Fee (Fund 611)
Project Number Project Name
Project
Start Date
Project Status as of
6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Expended
90435-1A
90435-1B
90435-2
Public Art In-Lieu Fee (Fund 207)
Project Number Project Name
Project
Start Date
Project Status as of
6/30/2025
Total Estimated
Project Cost
Estimated Cost
Funded by Fees
% of Project
Funded by Fees
Fees Expended to
Date
% of Fees
Expended
1000503/ 2000503 Annual Public Art Maintenance and Projects 2018-2019 Ongoing $ 768,401.16 $ 768,401.16 100% $ 659,727.62 86%
2000510 Public Art Installation 2020 Ongoing 519,018.55$ 480,757.03$ 93%424,453.88$ 88%
Nov-23 Under Construction 44,511,426.53$ 4,461,573.68$ 10% 4,461,573.68$ 100%Cultural Arts District Parking Structure Phase 2
44
Exhibit B
Historical Project Expenditures
Exhibit B reflects a complete list of projects for which expenses were incurred. Each fund’s expenditures are organized by project, fiscal year and summarizes the
total expenditures for a given project over the past seven years. Expenditures reported are from July 1, 2018, to June 30, 2025.
Citywide Park Development Impact Fee (Fund 510)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
N/A N/A -$ -$ -$ -$ -$ -$ -$ -$
-$
Citywide Park Improvement Impact Fee (Fund 519)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
2000188 Mitchell Park Improvements -$ -$ -$ -$ -$ 51,716.13$ 173,119.86$ 224,835.99$
2000514 Emerson Park Amenity Upgrades & Beutification -$ -$ -$ -$ -$ -$ -$ -$
224,835.99$
Orcutt Area Specific Plan Parks Impact Fee (Fund 511)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
2000057 Orcutt Area Parks (Neighborhood, Linear, Pocket) -$ -$ -$ -$ 77,083.28$ 441,191.89$ 217,346.20$ 735,621.37$
2000054 Righetti Community Park -$ -$ -$ -$ -$ -$ 28,635.27$ 28,635.27$
764,256.64$
Margarita Area Specific Plan Parks Impact Fee (Fund 512)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
TBD MASP Planned Park -$ -$ -$ -$ -$ -$ -$ -$
-$
45
Citywide Transportation Development Impact Fee (Fund 507)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
1000013 WRRF Modeling $ 393.33 -$ -$ -$ -$ -$ -$ 393.33$
1000015 2018 Transportation Monitoring $ 60,045.00 -$ -$ -$ -$ -$ -$ 60,045.00$
90653 Traffic Volume Counts $ 4,935.00 -$ -$ -$ -$ -$ -$ 4,935.00$
91252/2091252 Prado Road Bridge Widening 118,916.33$ 44,078.37$ -$ 117,695.70$ 10,598.00$ -$ 211,316.96$ 502,605.36$
91293 Railroad Crossing Upgrade - California & Foothill 5,406.00$ -$ -$ -$ -$ -$ -$ 5,406.00$
91294/ 2091294 Higuera at 50 Higuera Widening 1,089.00$ -$ -$ -$ 69,920.25$ 17,407.02$ 57,239.40$ 145,655.67$
91375/ 2091375 Railroad Safety Trail Taft to Pepper - 2018 177,673.63$ 565,072.99$ 1,048,375.56$ 1,122,643.11$ 47,219.70$ -$ -$ 2,960,984.99$
91435 LOVR Interchange Landscape 257,794.75$ 50,000.00$ 40,000.00$ 10,000.00$ -$ -$ -$ 357,794.75$
91609 Broad Street Corridor Access Improvements 25,155.75$ 434.10$ 108,863.89$ 162,281.99$ -$ -$ -$ 296,735.73$
91610/ 2091610 Higuera Widening Chumash to Fontana 10,597.50$ 21,571.05$ 4,781.75$ 2,284.25$ 1,855.50$ 67,071.81$ 1,690.70$ 109,852.56$
91611 Orcutt Tank Farm Roundabout Design 156,694.25$ 107,853.25$ 12,335.50$ -$ -$ -$ -$ 276,883.00$
91613/ 2091613 Prado Road Interchange 261,800.75$ 329,967.15$ 208,532.32$ 265,019.46$ 172,809.42$ 11,150.00$ -$ 1,249,279.10$
90949 Traffic Model Update -$ 51,553.73$ 20,093.58$ 7,247.00$ -$ -$ 60,620.59$ 139,514.90$
99615 Bicycle Projects -$ 15,045.72$ -$ (5,384.07)$ -$ -$ -$ 9,661.65$
1000164/ 2000164 Orcutt/ Tank Roundabout Construction -$ -$ 94,292.70$ 1,638,144.27$ 742,572.77$ 3,844.68$ 2,742.38$ 2,481,596.80$
1000502 Active Transportation Plan Implementation -$ -$ -$ 1,521.57$ 18,678.98$ -$ -$ 20,200.55$
1000537/ 2000537 Transportation Monitoring & Modeling -$ -$ -$ 500.00$ 39,500.00$ 13,650.00$ 41,030.14$ 94,680.14$
1000073/ 2000073 Traffic Safety and Operations -$ -$ -$ -$ 3,441.00$ 31,773.00$ -$ 35,214.00$
2000069 Pedestrian Crossing Improvements -$ -$ -$ -$ 5,304.58$ 25,154.99$ 15,485.00$ 45,944.57$
2000036 North Chorro Neighborhood Greenway - Phase 2 -$ -$ -$ -$ -$ 207,005.00$ 10,895.00$ 217,900.00$
2000609 Railroad Safety Trail Implementation -$ -$ -$ -$ -$ 5,480.03$ 110.00$ 5,590.03$
2000165 Transportation Impact Fee Program Update -$ -$ -$ -$ -$ -$ 58,210.76$ 58,210.76$
2000195 Prado Road Extenstion Reimbursement -$ -$ -$ -$ -$ -$ -$ -$
2000608 Active Transportation Plan Implementation -$ -$ -$ -$ -$ -$ -$ -$
2099821 San Luis Creek Bridge Widening at LOVR -$ -$ -$ -$ -$ -$ -$ -$
N/A Reimbursement Agreement - SLO Public Market -$ -$ 367,755.02$ -$ -$ -$ -$ 367,755.02$
N/A Reimbursement Agreement - The Connect -$ -$ -$ 312,156.08$ -$ -$ -$ 312,156.08$
9,758,994.99$
Airport Area Transportation Development Impact Fee (Fund 503)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
91252/ 2091252 Prado Road Bridge Widening 8,992.23$ 46,188.59$ 245,533.17$ 201,495.76$ 2,000.00$ 141,963.17$ 157,337.08$ 803,510.00$
2091613 Prado Road Interchange -$ -$ -$ -$ 9,002.64$ 38,685.14$ 3,107.31$ 50,795.09$
2000056 Reimbursement Agreement - 600 Tank Farm -$ -$ -$ -$ -$ 127,951.77$ 73,797.84$ 201,749.61$
1,056,054.70$
46
Los Osos Valley Road Impact Fee Fund (Fund 504)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 24-25 Total to Date
1000175 Costco LOVR Development Reimbursement -$ 270,094.10$ -$ -$ 114,635.00$ 22,885.69$ 566,787.71$ 974,402.50$
974,402.50$
San Luis Ranch Transportation Development Impact Fee (Fund 514)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
1000073 Transportation Safety And Operations -$ -$ -$ 6,648.00$ -$ -$ -$ 6,648.00$
1000567/ 2000567 Madonna Road Bike Path Landscaping Design -$ -$ -$ -$ 24,096.00$ 3,703.80$ -$ 27,799.80$
34,447.80$
Orcutt Area Transportation Impact Fee (Fund 515)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
20001062 ATP - Railroad Safety Trail & Bullock Culvert Replace $ - -$ -$ -$ -$ -$ -$ -$
N/A Orcutt Associates, LLC - Settlement Agreement -$ -$ 216,531.00$ -$ -$ -$ -$ 216,531.00$
216,531.00$
Fire Impact Fee (Fund 516)
Project Number Project Name
FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
TBD Fire Station 1 Fire Apparatus Repair Facility (Remodel)-$ -$ -$ -$ -$ -$ -$ -$
TBD Fire Station 2 Remodel -$ -$ -$ -$ -$ -$ -$ -$
2000516 Fire Station 3 & 4 Remodel $ - -$ -$ -$ -$ -$ -$ -$
2000122 Fire Station 5 $ - -$ -$ -$ -$ -$ -$ -$
TBD Fire Pumper $ - -$ -$ -$ -$ -$ -$ -$
2000554 Fleet Replacement: Fire $ - -$ -$ -$ -$ -$ -$ -$
Police Impact Fee (Fund 517)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
2000577 Police Station TI - 1106 Walnut $ - -$ -$ -$ -$ -$ -$ -$
TBD Police Headquarters $ - -$ -$ -$ -$ -$ -$ -$
2000553 Fllet Replacement: Police $ - -$ -$ -$ -$ -$ -$ -$
47
Wastewater Development Impact Fee (Fund 506)
Project Number Project Name
FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
91118 Sewer Lift Station and Siphon Replacement - Calle Joaquin (91118) 9,345.19$ 127,226.69$ 36,905.56$ 722,214.75$ 1,491,846.80$ -$ -$ 2,387,538.99$
91120 WRRF Major Equipment Maintenance (91120) -$ -$ -$ -$ -$ -$ -$ -$
91214 Sewer Lift Station Replacement - Margarita (91214) 592,497.61$ -$ -$ -$ -$ -$ -$ 592,497.61$
91224 Foothill Sewer Lift Station 2,080.15$ 2,097.22$ 4,044.48$ 20,400.17$ 1,108.21$ -$ -$ 29,730.24$
91369 Sewer Lift Station Replacement - Airport 12,681.73$ 12,488.46$ 42,536.73$ 12,184.03$ 2,809.63$ -$ -$ 82,700.56$
1000077 WRRF Asset Maintenance Management [1000077] -$ -$ 13,745.07$ -$ 8.64$ -$ -$ 13,753.71$
1000083 Buckley Sewer Lift Station [1000083] -$ -$ 30,532.50$ 136,643.78$ 21,763.83$ -$ -$ 188,940.11$
1000087 Sewer Lift Station – Calle Joaquin -$ 3,957.19$ -$ -$ -$ -$ -$ 3,957.19$
2000083 Buckley Sewer Lift Station [1000083] -$ -$ -$ -$ 128,106.00$ 185,837.40$ 400,192.95$ 714,136.35$
2000551 WRRF Power Cogeneration Upgrade [1000551] -$ -$ -$ -$ -$ -$ 881.60$ 881.60$
2091118 Calle Joaquin Sewer Lift Station and Siphon Replacement [91118] -$ -$ -$ -$ 461,193.28$ 484,824.36$ 7,539.18$ 953,556.82$
2091224 Foothill Sewer Lift Station -$ -$ -$ -$ 162.98$ -$ -$ 162.98$
2091369 Sewer Lift Station Replacement - Airport -$ -$ -$ -$ 224.35$ 16,685.55$ -$ 16,909.90$
DEBT01 2009 State Infrastructure Bank (CIEDB) Loan - Tank Farm Lift Station 261,560.50$ 261,090.22$ 260,604.66$ 260,103.32$ 259,585.68$ 259,051.22$ 258,499.38$ 1,820,494.97$
DEBT02 2014 US Bank Wastewater Lease Installment Agreement 98,908.25$ 98,877.56$ 98,845.97$ 98,813.47$ 98,780.03$ 98,745.62$ 98,710.21$ 691,681.11$
DEBT03 2008 Suntrust Loan 85,866.65$ 85,305.00$ 86,945.30$ 86,087.55$ 85,131.10$ 86,376.60$ -$ 515,712.20$
DEBT09 2019 SRF Loan - WRRF -$ -$ -$ -$ -$ -$ 876,911.71$ 876,911.71$
8,889,566.04$
48
Water Development Impact Fee (Fund 509)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
91506 Groundwater Well Development Program (91506) $ 26,705.98 10,085.52$ 98,724.88$ 570,784.08$ 142,106.27$ -$ -$ 848,406.73$
91730 WTP Ozone System Maintenance (91730) $ 11,648.05 4,920.07$ -$ -$ -$ -$ -$ 16,568.11$
99653 WTP Major Equipment Maintenance $ 2,779.56 32,494.77$ 21,381.30$ 25,644.72$ 29,292.11$ -$ -$ 111,592.46$
1000034 Reservoir Maintenance -$ 25,558.95$ 940.86$ 112,798.84$ 7,187.31$ -$ -$ 146,485.96$
1000044 Water TTHM Byproduct Reduction Project [1000044] 12,501.82$ 414,034.47$ 21,709.32$ 11,103.01$ 2,116.86$ -$ -$ 461,465.48$
1000064 Groundwater Basin Management 18,884.58$ 10,528.83$ -$ -$ -$ -$ -$ 29,413.41$
1000150 Groundwater Basin Management Revised -$ 81,312.23$ 48,374.81$ 21,580.75$ -$ -$ -$ 151,267.79$
1000528 Recycled Water Broad Street - Tank Farm to Aerovista -$ -$ -$ -$ 3,835.04$ -$ -$ 3,835.04$
1000530 Recycled Water Tank -$ -$ -$ 1,402.96$ 4,100.16$ -$ -$ 5,503.12$
1000542 Water Treatment Plant Major Facility Maintenance -$ -$ -$ 5,816.46$ 5,842.33$ -$ -$ 11,658.78$
1000573 Recycled Water Systems Retrofits -$ -$ -$ -$ 2,310.10$ -$ -$ 2,310.10$
2000034 Water Storage Tank Maintenance [1000034] -$ -$ -$ -$ 10,564.98$ 447,573.10$ 119,927.76$ 578,065.85$
2000044 Water TTHM Byproduct Reduction Project [1000044] -$ -$ -$ -$ 39.35$ 7,203.31$ -$ 7,242.66$
2000126 Public Safety Power Shutoff - Emergency Power [1000126] -$ -$ -$ -$ 36,736.41$ 162,763.65$ 99,481.81$ 298,981.88$
2000150 SGMA GSP (Groundwater Basin Management) [1000150] -$ -$ -$ -$ 9,843.75$ 12,828.52$ 8,810.66$ 31,482.93$
2000528 Recycled Water Broad Street - Tank Farm to Aerovista -$ -$ -$ -$ -$ -$ -$ -$
2000530 Recycled Water Tank [1000530] -$ -$ -$ -$ -$ -$ 16,342.70$ 16,342.70$
2000542 WTP Major Facility Maintenance [1000542] -$ -$ -$ -$ 4,601.95$ 120,755.12$ 24,345.98$ 149,703.04$
2000573 Recycled Water Systems Retrofits [1000573] -$ -$ -$ -$ -$ 217.52$ -$ 217.52$
2000606 WRRF Asset Maintenance Management [1000077] -$ -$ -$ -$ -$ 20,017.20$ -$ 20,017.20$
2000607 WRRF Major Equipment Maintenance [1000077] -$ -$ -$ -$ 13,256.28$ 272,176.51$ 64,226.66$ 349,659.45$
2001021 WTP Ozone System Maintenance [91730] -$ -$ -$ -$ -$ 2,923.08$ -$ 2,923.08$
2001022 WTP Chemical System Maintenance [91731] -$ -$ -$ -$ 1,153.76$ -$ -$ 1,153.76$
2001026 WTP Major Equipment Maintenance [99653] -$ -$ -$ -$ 4,786.26$ 39,447.60$ 31,870.48$ 76,104.35$
2091368 Reservoir No 2 Replacement [91368] -$ -$ -$ -$ -$ -$ 1,231.20$ 1,231.20$
2091506 Groundwater Well Development Program (91506) -$ -$ -$ -$ -$ 14,139.59$ 22,931.75$ 37,071.34$
DEBT04 2012 Water Revenue Refunding Bond 85,740.00$ 85,170.00$ 85,260.00$ 85,980.00$ 85,800.00$ -$ -$ 427,950.00$
DEBT05 2018 Refunding Bond (Refund 2005, 2006, 2009 Bonds) -$ -$ -$ -$ -$ -$ -$ -$
DEBT06 2018 Refunding Water Bond (Refund 2006 Bonds) 215,712.53$ 212,136.00$ 214,152.00$ 213,528.00$ 212,760.00$ 213,120.00$ 213,180.00$ 1,494,588.53$
DEBT07 2020 CIEDB (I-Bank) Loan -$ -$ 150,772.63$ 153,363.92$ 153,088.50$ 152,806.19$ 152,516.83$ 762,548.08$
DEBT08 Nacimiento Pipeline 1,846,890.65$ 1,799,015.28$ 1,800,680.03$ 1,798,209.67$ 1,797,796.56$ 1,801,555.34$ 1,802,271.00$ 12,646,418.53$
18,690,209.08$
49
Affordable Housing Inclusionary Fee (Fund 505)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
1000125 AHF Courtyard at the Meadows 630,000.00$ -$ -$ -$ -$ -$ -$ 630,000.00$
90496 SLO County Housing Trust Fund 80,000.00$ -$ -$ -$ -$ -$ -$ 80,000.00$
N/A 527 Branch St/ 526 South St -$ 330,000.00$ -$ -$ -$ -$ -$ 330,000.00$
1000193 AHF Broad Street Place -$ -$ 1,300,000.00$ -$ -$ -$ -$ 1,300,000.00$
N/A Anderson Hotel -$ -$ -$ -$ 1,700,000.00$ -$ -$ 1,700,000.00$
N/A Bridge Street -$ -$ -$ -$ -$ 1,925,076.00$ -$ 1,925,076.00$
N/A Maxine Lewis -$ -$ -$ -$ -$ 1,574,814.00$ -$ 1,574,814.00$
*NOTE* Includes all funding sources used 7,539,890.00$
Parkland In-Lieu Quimby Fee (Fund 501)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
91563 Pickleball Courts $ - 148,587.50$ -$ -$ -$ -$ -$ 148,587.50$
91564 Sinsheimer Park Tennis Court Lighting $ - -$ -$ -$ -$ -$ -$ -$
2000057 Development Related Parks Improvements $ - -$ -$ -$ -$ -$ 1,547.50$ 1,547.50$
91683/ 2091683 North Broad Street Park $ 7,748.95 63,656.61$ 7,748.95$ 37,069.57$ 49,398.42$ 1,161,738.43$ 183,842.21$ 1,511,203.14$
1000188/ 2000188 Mitchell Park Picketball Courts 4,274.75$ -$ 4,274.75$ 4,053.50$ -$ 73,229.75$ -$ 85,832.75$
1000190 Emerson Park Fitness Court -$ -$ -$ 298,976.09$ -$ -$ -$ 298,976.09$
2001068 Laguna Lake Dog Park -$ -$ -$ -$ -$ -$ 1,574,069.83$ 1,574,069.83$
3,620,216.81$
Open Space Protection Fund (Fund 502)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
91112 Froom Ranch Improvements 18,104.81$ 7,065.00$ -$ -$ -$ -$ -$ 25,169.81$
99837 Open Space Acquisition 821,687.22$ 27,169.45$ -$ -$ -$ -$ -$ 848,856.67$
874,026.48$
Parking In-Lieu (Fund 611)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
2000117 Cultural Arts District Parking Structure -$ 1,064,830.97$ 230,686.25$ -$ 743,138.90$ 2,104,922.15$ 317,995.41$ 4,461,573.68$
4,461,573.68$
Public Art In-Lieu (Fund 207)
Project Number Project Name FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Total to Date
1000503/ 2000503 Annual Public Art Maintenance and Projects 4,544.41$ 55,796.80$ 21,147.81$ 82,779.28$ 93,069.75$ 157,784.01$ 244,605.56$ 659,727.62$
2000510 Public Art Installation -$ -$ 334.40$ 217,500.00$ 115,220.24$ 32,863.39$ 58,535.85$ 424,453.88$
2000036 North Chorro Neighborhood Greenway - Phase 2 -$ -$ -$ -$ -$ -$ -$ -$
1,084,181.50$
50
Exhibit C
Development Impact Fee & In-Lieu Fee Amounts
Fiscal Year 2024-2025
Parklands Fee Amount:
Utilities Fee Amount:
51
Emergency Services Fee Amount:
Parking In-Lieu Fee Amount:
Affordable Housing In-Lieu Fee Amount:
Public Art Fee Amount:
Privately funded non-residential development with a total construction cost more than $100,000 must include public art with a value of one-half percent
(0.5%) of the construction cost. As a voluntary option, the developer may pay an in-lieu fee. The fee is authorized by MC 17.70.140.
52
Transportation Fee Amount: