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HomeMy WebLinkAboutAgenda Report - October 17, 2012 C-08AGENDA ITEM c-� a% CITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: Adopt Resolution Approving Impact Mitigation Fee Program Annual Report for Fiscal Year 2011/12 MEETING DATE: October 17, 2012 PREPARED BY: Public Works Director RECOMMENDED ACTION: Adopt a resolution approving the Impact Mitigation Fee Program Annual Report for Fiscal Year 2011/12. BACKGROUND INFORMATION: The City's Development Impact Mitigation Fee (IMF) program consists of eight separate fee categories/funds, plus the public art set-aside and the Regional Transportation Impact Fee. They are Water, Wastewater, Streets, Regional Transportation, Storm, Police, Fire, Parks and Recreation and General City Facilities. The fees can only be used for new capital improvements/ equipment needed to accommodate new growth. The fees were established in 1991 and updated this year. In accordance with the State's annual reporting requirements, staff has prepared the following exhibits: 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 2011/12. Exhibit B — Asummary by account of public improvement projects on which fees were expended during FY 2011/12. Revenue from some of the funds is being used to reimburse other funds for costs of past projects that were advanced ahead of the funds being available. These include a $1.2 million loan from the Water IMF Fund to the Fire IMF Fundfor construction of Fire Station No. 4. Additionally, the Water IMF Fund has a remaining loan due of $50,000 plus interest from the Water Capital Fund that will be repaid this fiscal year if fund balance allows and the General City Facilities IMF Fund has a loan due of $55,000 to Storm IMF Fund for the Impact Fee Program Update. 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 has been posted on the City's website and media, such as the Lodi News Sentinel and the Stockton Record, have been notified of the report's availability. FISCAL IMPACT: None. FUNDING AVAILABLE: None required. A�GtCGu� I(Ald�- F. Wally §andelin Public Works Director Prepared by RebeccaAreida-Yadav, ManagementAnalyst Attachments APPROVED: Konradt Bartlam, City Manager K;\WP\IMFees\CIMFAnnualReporL1 112.doc 9/5/2012 K,\WP\IMFees\]MFAnnualReport2011-l2.xis 09/04/2012 A B C D E--1- F G H I i K 1 EX 2 -1-1,11137-A IMPACT MITIGATION FEE PROGRAM 3 FY 2011/12 Annual Report 4 5 6 7 8 9 10 Fee: Fund # eeAm—ount 12/31/11 (1) Fee Amount 1/1/12 - 6/30/12 (1) ------ Wastewater Sto`rmDrain —I Streets f Regional Transp Police 175 332 338 1 215 1 --- -- � —5— — 5,9385,84� 20,422 15,887 2,987 2,1961 6,140 5,721 20,924, 16,2771 2,9871 2,249; Fire Parks & Rec jl General Facilities i Art in PP 1216 1217 1218 1214 2,1451, 30,841,-_ 8,866 2% 2,19811 31,599 9,0841 21/. 12 Fund Balance - Beginning of Year 2,101,645.79 1,073,852.29 2,229,571.E2 33,-435.45 J, 443,242.88 1 398,988.64 (1,255,910.94)1 622,645.46 (55,397-.-10)z 167,345.23 13 3 114 4 5 15 Revenues: Investment Revenues 9,400.12 (543.76) 66.38 31 1,017.36 1 1,377.49 1, 410.24 11 766.32 16 11 7 1 181 Impact Mitigation Fees Other Revenue 146,418.04 111,42871 74,560.47 377,912.20 1 14797615 1 101,973.11 67,438.31 28,899.14 56,499.92 i 15,678.48 1 9 1 Total Revenue 378,161.63 155,818.16 110,8 -- -1-4-8,993.51 1 103,350.60 61�374.69 3- -- 0,787.23 56,910.16 1 16,444.80 0 20 21 22 Expenditures: I 2 23 Capital Projects (7,90329)1 (29,973.67)� (1,565,335.56)(80 979-86)L_ (195,780.49) (23,782.04) (20,475.00 (134,561.46)1 (73,106.33), (1,364.80) 24 25, Total Expenditures (80,979.136) (195,780.49)j (23,782.04)1 (20,475.00)'',(1134,561.46) (73,106.33) (1,364.80) 261 271 �28 29 0 Other Sources (Uses): Operating Transfers In Operating Transfers Out (1,571,979.98)1----- (26,378.29);_(478,000.00) I 31 32 Total Other Sources (Uses) J 0.00 (26,378.29) 0.00 (47,8,000.00)1 1,57f9 -79--M ----9 ko 1 0.00 0.00 -------0.00 0.00 33 34 35 36 37 —378- Total Fund Balance - End of Year Change in Receivables/Payables (2) Interfund Loans C-a—sh B-a—lance - End of Year $677,580.68 1 $ 1,154,763.57 1 $739,262.81 1 $304,238.93 396,455.901 (155.46) $557.20 1($1,209,011.25)1 $518,871.23 1 ($71,593.27)1 $182,425.23 (17,249.51 574.29 2,995.06 1 (1,157,973.84)LbbUUU UYL1,209,024.89 55,000.00 $660,331.17 $ (2,635.98)1 $687,257.871 $304,238.9.3.1 $396,455.90 $557.20T $5118—,871:223 ($16,593.27) $182,269.77 39 --$13.64 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- 2 RTIF fee listed is for one residential single family dwelling unit equivalent 3 Wastewater fees listed are per dwelling unit equivalent 44 -1—(2)Diffferen— 45 i between investments and accounts/reLtainages payable! K,\WP\IMFees\]MFAnnualReport2011-l2.xis 09/04/2012 Cell: B30 Comment: Wastwater COP Debt Service - Future Users Portion. Cell: E30 Comment: Transfer of funds from IMF Streets fund to street fund (320) for street facilities constructed before 1991 with capacity to serve new development. Cell: G30 Comment: Transfer to General Fund for repayment of debt service on the Public Safety Building. Cell: C37 Comment: Loan to Fire IMF for Fire Station #4 project ($1,209,024.89) and a loan from Water Capital for Well 27 ($51,051.05). Cell: D37 Comment: Loan to General City Facilities IMF for the IMF update Cell: H37 Comment: Loan from Water IMF for Fire Station #4 project. Cell: J37 Comment: Loan from Storm IMF for the IMF update K:\W P\IM Fees\IMFAn n ualReport2011-12.xis 09/04/2012 EXHIBIT B IMPACT MITIGATION FEE PROGRAM SUMMARY OF PUBLIC IMPROVEMENT PROJECT EXPENDITURES FY 2011112 Wastewater Water Storm Drain Streets RTIF Police Fire Parks & Rec General Facilities Art in Public PI Account Nn Oescrintinn 173 182 175 332 338 1215 1216 1217 1218 1214 173034 Impact Fee Update 12,647.75 173005 G -Basin Pump Station (4,744.46) 182034 Impact Fee Update 9,340.71 182463 Well #27 20,632.96 175034 Impact Fee Update 69,424.90 175061 G -Basin Storm Pump Station 1,467,327.91 175040 Debenedetti Park Phase 1 28,582.75 332034 Impace Fee Update 61,335.00 332008 Harney Lane Widening 19,644.86 338502 Hamey Lane Interim Improvements 195,780.49 1214014 Project Plaques 1,364.80 1215034 Impact Fee Update 23,782.04 1216034 Impact Fee Update 20,475.00 1217443 Roget Park 19 902.98 1217743 Impact Fee Update 64,642.04 1217040 Debenedetti Park Phase 1 50,016.44 1218033 IMF Update 121.75 1218034 Impact Fee Update 61,335.00 1218050 General Plan 11 649.58 7,903.29 29,973.67 1,565,335.56 80,979.86 195,780.49 23,782.04 20,475.00 134,561.46 73,106.33 1,364.80 Total RESOLUTION NO. 2012-164 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE IMPACT MITIGATION FEE PROGRAM ANNUAL REPORT FOR FISCAL YEAR 2011/12 NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council hereby approves the Impact Mitigation Fee Program Annual Report for fiscal year 2011/12, as shown on Exhibits A and B attached and made a part of this Resolution. Dated: October 17, 2012 I hereby certify that Resolution No. 2012-164 was passed and adopted by the City Council of the City of Lodi in a regular meeting held October 17, 2012, by the following vote: AYES: COUNCIL MEMBERS — Hansen, Johnson, Katzakian, Nakanishi, and Mayor Mounce NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None 2012-164 &OHL City Clerk A B C D E I F G H I J K 2 EXHIBIT A IMPACT MITIGATION FEE PROGRAM _ 3 _ FY 2011112 Annual Report _ 4 6 Fee: Wastewater Water Storm Streets_�Regionai Transp Police Fire ' Parks & Rec I General Facilities Art in PP _ 7 Fund # : 173 182 175 332 j 338 1215 1216 1217 1218 1214 8 1 - 9 Fee Amount 7/1/11 - 12/31/11 (1) 10 Fee Amount 1/1112-6/30/12 1) 5,938 5,5841 r,,jAn1 5,721' 20 4221 15,8W 2,987 20,924; 16,2771 2,9871 2,1961 2,2491 2.1451 2,1981 30,841; 31,5991 8,866 9,084 2% 2% 11 Fund Balance - Beginning of Year i 2,101,645.79 1 1,073,852.29 2,229,571.52 i 33,435.45 { 443,242.88 1 398,988.64 1,255,910.94)1 622,645.46 I -- 1- (55,397.10)! 167,345.23 — — r12 Revenues: Investment Revenues Impact Mitigation Fees 9,400.121 (543.76 146,418.04 111,428.71 1 466.38 249.431 1,017.36 ! 74,560.47 377,912.20 147,976.15 1 1,377.49 101,973.11 63.62 67,436.31 1,888.09 28,899.141 410.24 1 56,499.92 766.32 15,678.48 Other Revenue 191 Total Revenue 155,818.16 ; 110,884.95 1 75,026.85 378,161.631 148,993.51 } 103,350.60 — 67,374.69 30,787.23 1 56,910.16 I 16,444.80 20 — 21 22 Expenditures: 23 Capital Projects 903.29 2� 9'973.67 1,565 335.56 80,979.86 (195,780.49) 23,782.04 20,475.00) 134,561.46 1 (73,106.33 , — 1,364.80 24I 25 Total Expenditures 7,903.29 (29,973.67) 1,565,335.56 (80,979.86)i(195,780.49) 23,782.04) 20 475.00 j I 134,561.46 , (73,106.33 (1,364.80) 26 27 I 28 Other Sources Uses): 291 Operating Transfers In 30 Operating Transfers Out 1,571,979.98 26,378.29 ; 478,000.00 311 32 Total Other Sources (Uses) 1,571,979.98 ' 0.00 0.00 (26,378.29)j 0.00 478 000.00 0.00 0.00 0.00 0.00 33 34 35 Total Fund Balance - End of Year 36 Change in Receivables/Payables 2 37 Interfund Loans 38 Cash Balance - End of Year I $677,,580.69 $ 1,154,763.57 1 17,249.51 574.29 (1 157,973.84 $660 331.17 i $ (2 635.98) I I $739,262.81 ' $304,238.93 396,455.90 2,995.06 55 OD0.00 $687,257.87 $304,238.93 ' $396,455.90 • $557.20 . 1($1,20 $557.20 0111.25)1 1,209,024.69 $13.64 $518,871.23 I $518,871.23 $71,593.27 55,000.00 $16,593.27 $182,425.23 155.46 $182,269.77. 39 1 40 (1) Fees listed are per acre for one Residential Acre Equivalent (RAE). Each land use II I 41 Presents a different demand for services that are reflected in RAE adjustment factors per LMC 15.64.070. 42 43 RTIF fee listed is for one residential single family dwellin unit a uivalent. Wastewater fees listed are er dwelling unit equivalent - 44 45 2 Difference between investments and accounts/retains es payable 09/04/2012 K:\W P\IMFees\IMFAnnualReporL2011-12.xis Cell: B30 Comment: Wastwater COP Debt Service - Future Users Portion. Cell: E30 Comment: Transfer of funds from IMF Streets fund to street fund (320) for street facilities constructed before 1991 with capacity to serve new development. Cell: G30 Comment: Transfer to General Fund for repayment of debt service on the Public Safety Building. Cell: C37 Comment: Loan to Fire IMF for Fire Station #4 project ($1,209,024.89) and a loan from Water Capital for Well 27 (551,051.05). Cell: D37 Comment: Loan to General City Facilities IMF for the IMF update Cell: H37 Comment: Loan from Water IMF for Fire Station #4 project. Cell: J37 Comment: Loan from Storm IMF for the IMF update 09/04/2012 K:\WPNIMFeesNIMFAnnuaiReport2Oli-l2.xls EXHIBIT B IMPACT MITIGATION FEE PROGRAM SUMMARY OF PUBLIC IMPROVEMENT PROJECT EXPENDITURES FY 2011112 Wastewater Water Storm Drain Streets R11F Police Fire Parks 8 Rec General Facili ies Art in Public PI 121. 1214 Account No. Description 113 1nz- 173034 Impact Fee Update 12,647.75 173005 G•Basin Pump Station (4,744.46) 182034 Impact Fee Update 9.340.71 182463 Well #27 20,632.96 175034 Impact Fee Update 69,424.90 175061 G -Basin Storm Pump Station 1,467,327.91 175040 Debenedetti Park Phase 1 28,582.75 332034 Impace Fee Update 61,335.00 332008 Harney Lane Widening 19.644.86 338502 Hamey Lane Interim Improvements 195,780.49 1,364.80 1214014 Project Plaques 23'782.64 1215034 Impact Fee Update 20,475.00 1216034 Impact Fee Update 19,902.98 1217443 Roget Park 64,642.04 1217743 Impact Fee Update 50,018.44 1217040 Debenedetti Park Phase 1 121.75 1218033 IMF Update 61,335.00 1218034 Impact Fee Update 11,649.58 1218050 General Plan Total 7,90319 29,973.67 1,565,335.56 80,979.86 195,780.49 23,782.04 20,475.00 134,561.46 73,106.331,364.80