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HomeMy WebLinkAboutAgenda Report - November 2, 2005 K-02AGENDA ITEM 4w*L CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: Adopt Resolution Approving Impact Mitigation Fee Program Annual Report for Fiscal Year 2004/2005 MEETING DATE: November 2, 2005 PREPARED BY: Public Works Director RECOMMENDED ACTION: That the City Council adopt a resolution approving the Impact Mitigation Fee Program Annual Report for Fiscal Year 200412005. BACKGROUND INFORMATION: The City Council adopted the "Final Report, City of Lodi Development Impact Fee Study," prepared by Nolte and Associates and Angus McDonald Associates in 1991, as well as the "Development Impact Fee Update Study," prepared by Harris & Associates in 2001. These actions established and updated the City's Development Impact Fee program. State law requires that an annual report reviewing each of the funds be made public and be reviewed by City Council. Staff has prepared the following exhibits as required: Exhibit A — A summary of the current and past fees, beginning and ending balances for each fee account, total fees collected, interest earned, and total expenditures from each account for FY 200412005. Exhibit 8 — A summary by account of public improvement projects on which fees were expended during FY 200412005. Per State law, this information needs to be available to the public at least 15 days prior to review by the City Council. This information was originally received by Council at its meeting on September 7, 2005. FISCAL IMPACT: None. FUNDING AVAILABLE: None required. Richard C. Prima, Jr. Public Works Director Prepared by Rebecca Areida, Management Analyst RCPIRAIpmf Attachments cc: Wally 5andelin, City Engineer APPROVED: /-- r. Blair 0< City Manager J:lIMFeesVCIMFAnnualRepoft2_0405 doc 1 012 0120 05 RESOLUTION NO. 2005-235 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE IMPACT MITIGATION FEE PROGRAM ANNUAL REPORT FOR FISCAL YEAR 2004-05 WHEREAS, the Impact Mitigation Fee Program Annual Report has been available for public review and comment since September 7, 2005, and no comments have been received. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council hereby approves the Development Impact Mitigation Fee Program Annual Report for Fiscal Year 2004-05, as shown on Exhibit A and B attached. Dated: November 2, 2005 I hereby certify that Resolution No. 2005-235 was passed and adopted by the Lodi City Council in a regular meeting held November 2, 2005, by the following vote: AYES: COUNCIL MEMBERS — Hansen, Hitchcock, Johnson, Mounce, and Mayor Beckman NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None SUSAN J. SLAC STON City Clerk 2005-235 A B C D E I F G H I J K 1 EXHIBIT A 2 IMPACT MITIGATION FEE PROGRAM 3 FY 2004/05 Annual Report 4 5 6 Fee: Wastewater Water Storm Drain Streets -Local Streets -Regional Police Fire Parks & Rec General Facilities Art in PP 7 Fund #: 173 182 326 327 332 1215 1216 1217 1218 1214 8 9 Fee Amount 7/1/04 - 12/31/04 (1) 544 4,257 12,252 5,302 3,840 1,673 1,635 21,003 6,760 2% 10 Fee Amount 1/1/05 - 6/30/05 (1) 583 4,559 16,672 7,522 5,447 1,792 1,751 25,177 7,238 2% 11 12 Fund Balance - Beginning of Year 665,324.06 2,476,364.72 1,823,313.63 633,895.67 (843,252.02) 68,926.85 (1,404,850.98) 1,565,946.58 612,606.12 396,821.47 13 14 Revenues: 15 Investment Revenues 17,110.93 37,206.48 80,993.80 18,224.02 12,119.52 12,920.32 3,865.98 51,921.80 38,641.60 11,160.17 16 Service Charges (Fees) 67,214.60 483,399.74 1,627,390.06 821,234.32 594,931.95 354,441.83 285,995.47 2,169,066.28 839,600.87 124,869.59 17 Other Revenue 12,562.50 11,482.11 18 19 Total Revenue 84,325.53 520,606.22 1,720,946.36 850,940.45 607,051.47 367,362.15 289,861.45 2,220,988.08 878,242.47 136,029.76 20 21 22 Expenditures: 23 Capital Projects (46,299.30) (269,260.97) (281,333.57) (1,200,656.58) (65,677.67) 0.00 0.00 (1,089,277.33) 0.00 0.00 24 25Total Expenditures (46,299.30) (269,260.97) (281,333.57) (1,200,656.58) (65,677.67) 0.00 0.00 (1,089,277.33) 0.00 0.00 26 27 28 Other Sources (Uses): 29 Operating Transfers In 30 Operating Transfers Out (12,469.68) (85,255.44) (164,820.74) (152,177.10) (110,183.04) (50,000.00) (9,299.96) 31 321 Total Other Sources (Uses) 0.00 (12,469.68) (85,255.44) (164,820.74) (152,177.10) 0.00 (110,183.04) 0.00 (50,000.00) (9,299.96) 33 34 35 Total Fund Balance -End of Year $703,350.29 $ 2,715,240.29 $3,177,670.98 $119,358.80 ($454,055)(2) $436,289.00 ($1,225,172.57) $2,697,657.33 $1,440,848.59 $523,551.27 36 Change in Receivables/Payables (3) 14,095.45 27,223.15 (7,513.78) 58,570.72 9,867.76 (3,304.92) (15,308.38) (11,293.29) (3,965.94) 37 Interfund Loans (1,225,172.57) 676,770.00 1,225,172.57 (676,770.00) 38 Cash Balance - End of Year $717,445.74 $1,517,290.87 $3,170,157.20 $177,929.52 $232,582.44 $432,984.08 $0.00 $2,005,578.95 $1,429,555.30 $519,585.33 39 40 (1) Fees listed are per acre for one Residential Acre Equivalent (RAE). Each land use 41 presents a different demand for services that are reflected in RAE adjustment factors per LMC 15.64.070. 42 Fees were adjusted January 1, 2005 per the Engineering News Record 20 Cities Construction Cost Index 43 except Storm, Streets and Parks adjusted per Council Resolution No. 2004-238 44 45 (2) Ending fund balance has not been reduced for a Measure K loan owing to SJCOG. This loan balance as of June 30, 2004 is $360,189 46 47 3 Difference between investments and accounts/retainages payable DevSer/ImpactFees/IMFAnnualReport2004-051.xis 8/24/2005 Cell: C30 Comment: Transfer funds from IMF water fund to water capital fund (180) for water facilities constructed prior to 1991 with capacity to serve new development Cell: D30 Comment: Operating transfer (storm drain fund cost of services) Cell: E30 Comment: $85,255.44 - Cost of Services $21,065.78 (fy03/04) & $58,499.52 (fy04/05) - Transfer of funds from IMF local streets fund to street fund (320) for street facilities constructed prior to 1991 with capacity to serve new development Cell: F30 Comment: $13,822.70 (fy03/04) & $42,248.40 (fy04/05) - Transfer of funds from IMF regional fund to street fund (320) for street facilities constructed before 1991 with capacity to serve new development. $96,106 - COG loan payment for Hwy 12/99 project. Cell: H30 Comment: rareida: Fire truck lease Cell: J30 Comment: Yearly transfer to General Fund for the costs associated with the administration of the IMF program Cell: K30 Comment: rareida: Cost of services transfer to general fund Cell: C37 Comment: Loan to Fire IMF for Fire Station #4 project. Cell: F37 Comment: Loan from Parks & Rec IMF for Lower Sacramento Rd project. Cell: H37 Comment: Loan from Water IMF for Fire Station #4 project. Cell: 137 Comment: Loan to Regional Street IMF for Lower Sacramento Rd project. DevSer/ImpactFees/IMFAnnualReport2004-051.xis 8/24/2005 EXHIBIT B IMPACT MITIGATION FEE PROGRAM SUMMARY OF PUBLIC IMPROVEMENT PROJECT EXPENDITURES FY 2004/05 Wastewater Water Storm Drain Streets -Local Streets -Regional Police Fire Parks & Rec General Facilities Art in Public PI Drninnl Nn O�nn„n1 Nn neanrinlinn 17% 10.7 27a 1:77 2R7 1715 171. 1717 171. 171, MSS0002 173003 MSC Expansion 46,299.30 MWS0004 182002 MSC Expansion 45,912.36 MWSX006 182020 Harney Canal Crossing 68.34 MWS0003 182041 Water Utility Planning 2,117.94 182450 Oversized Mains 51,786.90 182457 Well 22 Generator 17,896.00 MWWIO03 182465 Well 27 151,479.43 MSDIO15 326008 Century Meadows 3, Unit 5 105,193.00 MSDIO17 326017 G Basin 144,022.57 MSDIO18 326018 Master Storm Drain 2,118.00 326110 Lower Sac Road South 30,000.00 MTS0004 327002 MSC Expansion 45,873.23 MTS1014 327004 Century Meadows (Harney Ln.) 114,097.80 MTS1032 327011 Lockeford St. Widening 116,643.89 MTS1032 327013 RR Track Removal -Lodi Ave 828.94 MTS1032 327014 Central City RR Safety 2,122.01 MTS022 327018 620 S. Cherokee(Improvment agrmt-Cherokee/Tokay) 100,366.50 MTS1032 327019 CCT Mainline Rehab 197,566.50 MBC004 327020 Harney Canal Crossing 389,444.00 MTS1025 327025 Century Blvd Widening 4,500.00 MTS1025 327027 Stockton St Widening 61,070.00 MTS005 327071 Lodi/Mills Interconnect 20,457.27 MTS1005 327467 1349 E. Kettleman 147,686.44 MTS1009-12 332048 LSR - South 55,443.56 MTS1001-03 332088 Kettleman Gap Closure 10,234.11 MPRO59 1217004 Century Meadows Park 1,089,277.33 Total 46,299.30 269,260.97 281,333.57 1,200,656.58 65,677.67 0.00 0.00 1,089,277.33 0.00 0.00