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Home My WebLink AboutAgenda Report - November 4, 2015 C-16AGENDA ITEM cmulb CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: Adopt Resolution Approving Impact Mitigation Fee Program Annual Report for Fiscal Year 2014/15 MEETING DATE: November 4, 2015 PREPARED BY: Public Works Director RECOMMENDED ACTION: Adopt resolution approving Impact Mitigation Fee Program Annual Report for Fiscal Year 2014/15. BACKGROUND INFORMATION: The City's Development Impact Mitigation Fee (IMF) program consists of 10 separate fee categories/funds, plus the public art set-aside. They are Electric, 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 in 2012. In accordance with the State's annual reporting requirements, staff has prepared the following exhibits: Exhibit A - A summary of the current fees, beginning and ending balances for each fee account, total fees collected, interest earned, and total expenditures from each account for FY 2014/15. Exhibit B — A summary by account of public improvement projects on which fees were expended during FY 2014/15. 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 $1.17 million loan from the Water IMF Fund to the Fire IMF Fund for construction of Fire Station No. 4 and a General City Facilities IMF Fund 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: Not applicable. FUNDING AVAILABLE: Not applicable. k F. Wally S delin Public Works Director Prepared by Rebecca Areida-Yadav, Management Analyst FWS/RAY/tb Attachments APPROVED KAW P\I M Fe es\C I M FAn n u a l Re port_1415. d oc 10/19/2015 A B C D E I F G H I J K L 1 EXHIBIT A 2 IMPACT MITIGATION FEE PROGRAM 3 FY 2014/15 Annual Report 4 5 6 1 Fee: Electrical Wastewater Water Storm Drain Streets Regional Transp Police Fire Parks & Rec General Facilities Art in PP 7 Fund 9: 505 533 562 535 308 314 435 436 437 438 434 8 9 Fee Amount 336 1,720 1,263 567 289 3,028 307 157 1,584 251 33 10 11 Fund Balance- Beginning of Year 749,453.32 64,667.61 1,217,518.55 734,340.27 330,336.45 745,407.25 36,417.68 (1,173,779.53) 381,391.56 (41,169.15) 165,917.69 12 13 Revenues: 14 Investment Revenues 1,576.94 258.97 3,806.07 2,038.66 2,397.15 329.79 113.35 1,685.97 212.07 650.28 15 Impact Mitigation Fees 163,985.13 76,479.92 20,298.70 107,513.69 22,123.06 90,121.35 10,676.30 8,357.48 28,643.76 8,806.54 1,583.88 16 Other Revenue 17 18 Total Revenue 163,985.13 78,056.86 20,557.67 111,319.76 24,161.72 92,518.50 11,006.09 8,470.83 30,329.73 9,018.61 2,234.16 19 20 21 Expenditures: 22 Capital Projects 0.00 0.00 0.00 0.00 0.00 (505,814.95) 0.00 0.00 (53,642.70) 0.00 (25,950.00) 23 24 Total Expenditures 0.00 0.00 0.00 0.00 0.00 (505,814.95) 0.00 0.00 (53,642.70) 0.00 (25,950.00) 25 26 27 Other Sources (Uses): 28 Operating Transfers In 29 Operating Transfers Out (100,000.00) 30 31 Total Other Sources (Uses) 0.00 (100,000.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 32 33 34 Total Fund Balance - End of Year 913,438.45 $42,724.47 $ 1,238,076.22 $845,660.03 $354,498.17 332,110.80 $47,423.77 ($1,165,308.70) $358,078.59 ($32,150.54) $142,201.85 35 Change in Receivables/Payables (2) (6,870.00) (33,852.00) (16,720.65) (340.04) (17,393.22) (210.02) (9,347.89) (7,495.77) (26,987.60) (7,635.83) (1,393.80) 36 Interfund Loans (1,174,024.89) (55,000.00) 1,174,024.89 55,000.00 37 Cash Balance - End of Year $906,568.45 $8,872.47 $ 47,330.68 $790,319.99 $337,104.95 $331,900.78 $38,075.88 $1,220.42 $331,090.99 $15,213.63 $140,808.05 38 39 40 (1) Fees listed are for one unit of residential low density. RTIF fee listed is for one residential single family dwelling unit equivalent. 41 Water/Wastewater fees are per 3/4" residential meter. 42 Electrical fees listed are for Residential for a 200 amp panel. 43 44 2 Difference between investments and accounts/retaina es payable. C:\Users\tbutorovich\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\SNEFZH6Z\IMFAnnualReport2014-15.xls Cell: C29 Comment: Transfer to pay for portion of debt service attributed to future users. Cell: D36 Comment: Loan to Fire IMF for Fire Station #4 project. Cell: E36 Comment: Loan to General City Facilities IMF for the IMF update Cell: 136 Comment: Loan from Water IMF for Fire Station #4 project. Cell: K36 Comment: Loan from Storm IMF for the IMF update C:\Users\tbutorovichWppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\SNEFZH6Z\IMFAnnualReport2014-15.xls EXHIBIT B IMPACT MITIGATION FEE PROGRAM SUMMARY OF PUBLIC IMPROVEMENT PROJECT EXPENDITURES FY 2014/15 Electrical Wastewater Water Storm Drain Streets RTIF Police Fire Parks & Rec General Facilities Art in Public PI Account No. Description 505 531 561 535 308 314 435 436 437 438 434 Harney Lane Grade Separation 505,814.95 Seward Johnson Atelier 24,000.00 Traffic Control Box Art 1,950.00 Strategic Plan 53,642.70 0.00 0.00 0.00 0.00 0.00 505,814.95 0.00 0.00 53,642.70 0.00 25,950.00 Total RESOLUTION NO. 2015-195 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE IMPACT MITIGATION FEE PROGRAM ANNUAL REPORT FOR FISCAL YEAR 2014-15 NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby approve the Impact Mitigation Fee Program Annual Report for Fiscal Year 2014-15, as shown on Exhibits A and B attached and made a part of this Resolution. Dated: November 4, 2015 I hereby certify that Resolution No. 2015-195 was passed and adopted by the City Council of the City of Lodi in a regular meeting held November 4, 2015, by the following vote: AYES: COUNCIL MEMBERS — Chandler, Kuehne, Mounce, Nakanishi, and Mayor Johnson NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None �NNtA. ' IFE . FERRAIOLO ity Clerk 2015-195 A B C I D I E I F G H I 1 J K L 1 2 EXHIBIT A IMPACT MITIGATION FEE PROGRAM 3 FY 2014/15 Annual Report 4 5 6 Fee: Electrical Wastewater Water Storm Drain Streets Regional Transp, Police Fire Parks & Rec General Facilities Art in PP 7 lFund #: 505 533 562 535 308 314 435 436 437 438 434 8 9 Fee Amount 336 1,720 1.263 567 289 3.028 307 157 1.584 251 33• 10 11 Fund Balance - Beginning of Year 749.453.32 64,667.61 1,217.518.55 734.340.27 330,336.45 745.407.25 36,417.68 (1,173,779.53), 381,391.56 41,169.15) 165.917.66 12 13 Revenues: 14 Investment Revenues 1,576.94 258.97 3,806.07 2,038.66 2,397.15 329.79 113.35 1,685.97 212.07 650.28 15 impact Mitl atlon Fees 163,965.13 76,479.92 20,298.701 107,513.69 22,123.061 90.121.351 10.676.301 8,357.48 28,643,76 8,606.54 1,583.88 16 Other Revenue 17 16 Total Revenue 163,985.131 78,056.86 20,357.67 111,319.76 24,161.72 92,518.50 11,006.09 8,470.83 1 30,329.73 9,016.61 2,234.16 19 20 21 Expenditures: I Z2 Capital Projects 0.00 0.00 1 0.00 0.00 1 0.00 505,814.95 0.00 0.00 53,642.70 0.00 (25.950.00' 23 24 Total Expenditures 0.001 0.00 0.00 0.00 0.00 506,814.95 0.00 0.00 53,642.70 0.00 25,950.00 25 2b 27 Other Sources (Uses): 28 Operating Transfers In 29 Operating Transfers Out 100.000.00 30 31 Total Other Sources Uses 0.00 100,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 32 33 l 34 Total Fund Balance - End of Year 9113,438.45 $42,724.47 S 1,238,076.22 S64S,860.03 $354,496.17 332110 80 S47 423.77 $1 165,308.70] $358 078.69 $32,150.54 $142,201.85 35 h Cange n Receivables/Payables bl vaesayaes (2) .. iR_ 36 Interfund Loans 687000 (,-) 3385200 (,-� ..(16,720.66-) 7.174,024.68 ._. (340.04) 551000.00 (17,393.22)„_ (210.02) _ (9,347.89). .. (7,495.77} 1.174,024.89 (26,987.601_ (7,635.83 55,000.00 (1,393.80) 37 Cash Balance - End of Year 5808 '45 $8,872.47 $ 4-7,330.68 $790,319.99 $331,104.11S $331,906.78 $38,075.68 $1,220.42 $331,090.99 $15,213.63 $140,806.05 38 39 40 1 Fees listed are for One unit of resldentlal low density, RTIF fee 55ted is for One residential dweffing unit equivalent. it 41 W WAVaslewa ler fees are per 31e residential meter. I 42 Electrical fees fisted are for Residen%l for a 200net 43 i71 - - -- 441 {2) Difference between inveslmenM and accounLslretaina es payable. C:1U5ers11bulorovichW.ppData\LocelM[crosofilWndows+Temporary Internet F4es`,Ccnlent.OuUnnkI5NEFZH6Z11MFAnnualReport20i4-15.x15 Cell: C29 Comment: Transfer to pay for portion of debt service attributed to future users. Cell: D36 Comment: Loan to Fire IMF for Fire Station #4 project. Cell: E36 Comment: Loan to General City Facilities IMF for the IMF update Cell: 136 Comment: Loan from Water IMF for Fire Station #4 project. Cell: K36 Comment: Loan from Storm IMF for the IMF update C:\Users\tbutorovich\AppData\LocahMicrosoft\Windows\Temporary Internet Files\Content.Outlook\SNEFZH6Z\IMFAnnualReport201415xis EXHIBIT B IMPACT MITIGATION FEE PROGRAM SUMMARY OF PUBLIC IMPROVEMENT PROJECT EXPENDITURES FY 2014/15 Electrical Wastewater Water Storm Drain Streets RT1F Police Fire Parks & Rec General Facilities Art in Public PI Account me. 13—nmwn 505 531 561 535 598 ifs 135 436 d37 ASS 436 Harney Lane Grade Separation 505,814.85 Seward Johnson Ateber 24,000.00 Traffic Control Box Art 1,950.00 Strategic Plan 53,642.70 0.00 000 000 0.00 0.00 505,814.95 000 0.00 53,642.70 0.00 25,950.00 Total