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HomeMy WebLinkAboutResolutions - No. 2008-198RESOLUTION NO. 2008-198 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE IMPACT MITIGATION FEE PROGRAM ANNUAL REPORT FOR FISCALYEAR 2007-08 NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby approve the Impact Mitigation Fee Program Annual Report for Fiscal Year 2007-08, as shown on ExhibitsA and B attached and made a part of this Resolution. Dated: October 1,2008 hereby certify that Resolution No. 2008-198 was passed and adopted by the City Council of the City of Lodi in a regular meeting held October 1, 2008, by the following vote: AYES: COUNCIL MEMBERS— Hansen, Hitchcock, Johnson, and Katzakian NOES: COUNCIL MEMBERS— None ABSENT: COUNCIL MEMBERS— Mayor Mounce ABSTAIN: COUNCIL MEMBERS— None 2008-198 P RRIN Clerk A R I C I f) 1 F EXHIBITA G 1 H 1 1 1 .1 1 K _2. IMPACT MITIGATION FEE PROGRAM 3 FY 2007/08 Annual Report A 1 1 1 1 1 1 1 1 I 5 . 6 Fee: Wastewater Water Storm Drain Streets ReaionalTransp Police Fire Parks& Rec General Facilities Art In PP_ 7 Fund #: 173 182 326 332 338 1 1215 1216 1217 1218 1214 8 9 FeeAmount7/1/07- 12/31/07(1) 5.356 4.920 17.995 13.998 2.764 1.934 1,890 27,175 7,813 2% 10 Fee Amount 1/1/08-6/30/08 (1) 5.356 5.046 18.454 14.355 2.764 1.983 1.938 27.868 8,012 2% 11 I 12 Fund Balance- BeginningofYear 2,416,563.17 1,707,781.13 3,691,896.04 (217,730.91) 252,756.82 122,439.41 (1,432,908.23) 3,043,504.74 755,696.06 510,011.42 13 14 Revenues: 15 InvestmentRevenues 230,495.64 9,177.83 165,673.71 47,313.89 20,355.58 10,743.55 (5,782.34) 105,034.56 20,106.05 21,716.61 16 Impact Mitigation Fees 6,384,630,72 30,782.70 34,980.92 778,673.41 416,349.78 123,275.93 79,953.44 (42271.10) 216,937.16 26,480.56 17 other Revenue 34, (65.40 8,063.30 18 19 Total Revenue 6,615,126.36 39,960.53 200,654.63 860,772.70 436,705.36 134,019.48 74,171.10 62,76346 245,106.51 48,197.17 20 21 22 Expenditures: 23 Capital Projects 0.00 ( 2,493.28) (5,423.56) (24,276.08) (99,967.33) 0.00 0.00 (26,662.62) (305,271.58) (137,91 .bbl 24 25 Total Expenditures 0.00 (482,493.28) (5,423.56) (24,276.08) (99,967.33) 0.00 0.00 (26,662.62) (305,271.5A) (137,933.66) 26 27 28 Other Sources (Uses): 29 Operating I ranstersln 9,218.36 5,062.50 725.60 30 operating 1 ranstersOut (6,768.48) (156.1 86.93) (384,139.04) 31 32 I otal Other Sources (Uses) 0.00 (6,766.48) 0.00 (146,968.57) 0.00 5,062.50 725.60 0.00 (384,139.04) 0.00 33 34 471,797.14 35 Total Fund Balance- End of Year $9,031,689.53 $1,258,481.90 $3,887,127.11 $471,797.14 (2) 589,494.85 $261,521.39 ($1,358,011.53) $3,079,605.58 $319,3914955 $420,2139.0 36 Change in Receivables/Payables (3) (69,097.02) 308.68 (11,241.10) (8,328,72) (4,509.94) (2,000.77) 1,016.29 (19,300.97) 37 Interfund Loans (1,225,172.57) 556,770.00 1225.172.57 (556,770.00) 38 Cash Balance- End of Year $8.962.592.51 $ 33.618.01 $3.875.886.01 $1,020,238.42 $584.984.91 $259.520.62 ($131.A27.671 $2.503.534.61 $331286.1 0 $492,974.35 39 40 (1) Fees listed are oeracre for one ResidentialAcie Equivalent (RAE). Each land use 41 presents a differentdemand for services that are reflected in RAE adjustment facto s per LMC 15.64.070. 42 RTIF fee listed is for one residentialsIngle family dwelling unit equivalent. I 43 Wastewater fees listed are per dwelling unit eguivalent 1 44 J I I 1 I 45 (2) Ending fund balance has not been reduced for Measure K loan owing to SJCOG. This loan balan a as of June 30, 2008 is $96,106 4R 47 (3) Differenceb tween investmentsand accounts/ etalnages oavab e DevSer/ I mpactFees/I M FAnn u al Report2007-08.xls 08/26/2008 Cell: E29 Comment: Transfer from water to adjust overpaymentlunderpaymentof fees Cell: G29 Comment: Transfer from waterto adjust overpaymentlunderpaymentof fees Cell: H29 Comment: Transfer from water to adjust overpaymentlunderpaymentof fees Cell: C30 Comment: $835.18 -Transfer funds from IMF water fund to water capital fund (180) for water facilities constructed priorto 1991 with capacityto serve new development $5,931.30 - Transferto Streets, Police 8 Fire to adjust overpaymentlunderpayment of fees Cell: E30 Comment: $60,081.93 -Transfer of funds from IMF Streets fund to street fund (320) for street facilities constructed before 1991 with capacityto serve new development. $96,106 - COG loan payment for Hwy 12/99 project. Cell: J30 Comment: $50.000 -Yearly transferto General Fund for the costs associated with the administration of the IMF program $334,139.04 - City staff costs associated with General Plan update Cell: C37 Comment: Loan to Fire IMF for Fire Station #4 project. Cell: E37 Comment: Loan from Parks 8 Rec IMFfor Lower Sacramento Rd project Cell: H37 Comment: Loan from Water IMF for FireStation#4 project. Cell:137 Comment: Loan to Regional Street IMF for Lower Sacramento Rd project. DevSer/I mpactFees/I MFAnnualReport2007-08.xls 08/26/2008 Wastewater Prolect No. Account No. Description 173 182005 Surface Water Design 182008 WID Surface Water Connect 1/WSO003 182041 Water UtilityPlanning 182050 Water Master Plan 182463 Well 27 182465 Well 28 MSDI017 326017 G-Besin MSDI018 326018 MasterStonn Drain MTSI032 327013 RR Track Removal-LodiAva 332019 CCT Mainline Rehab 332356 MSC -Fleet Services Shop 338501 RegionalTrensportafon Fees (SJ County, SJCOG) 1214004 Animal Shelter Mural 1214005 Celebrate the Harvest MPR059 1217004 Century Meadows Park 1217750 Parks Mower 1218050 General Plan 1218051 CirculationMasterPlan Total EXHIBIT B IMPACT MITIGATION FEE PROGRAM SUMMARY OF PUBLIC IMPROVEMENT PROJECT EXPENDITURES FY 2007108 Water Storm Drain Streets RTIF 182 328 13 338 389.214 48,45£ 1,351 611 20,914 21,941 4,07: 1,351 181 18.80 5,4T 99,96 482,49: 5,42 24,27 99.96 Police Fire Parka& Roc General Facilities Art InPublicp1 .151 2637 2E 287,41 37.85 61,43 76501 26.8E 305.27 137.95