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CC 2015-01-27_08d Status Report Dev Impact Fees_AB1600MEMORANDUM TO: CITY COUNCIL FROM: DEBBIE MALICOAT, DIRECTOR OF ADMINISTRATIVE SERVICES~ SUBJECT: CONSIDERATION OF RESOLUTION ACCEPTING THE STATUS REPORT ON DEVELOPMENT IMPACT FEES (AB-1600) DATE: JANUARY 27, 2015 RECOMMENDATION: It is recommended the City Council adopt a Resolution accepting the status report on the receipt and use of Development Impact Fees (AB-1600) during the fiscal year ending June 30, 2014. IMPACT ON FINANCIAL AND PERSONNEL RESOURCES: There is no fiscal impact from this action. No or minimal future staff time is projected. BACKGROUND: Government Code Sections 66000 et seq. (enacted via AB-1600) requires local agencies to provide an accounting of impact fees imposed on development projects. These fees (typically titled AB 1600 fees) are intended to mitigate certain cost impacts of development projects on existing City facilities and infrastructure. The basic accounting and reporting responsibilities require the City to provide a detailed reporting of the use of development impact fees every five years (beginning with FY 1997-98). Due to the fact that several of the impact fees have different reporting periods, it was decided by staff to report the status of Development Impact Fees on a yearly basis so as not to miss a reporting date in error. The City must comply with two basic requirements. First, the City must report findings on the amount collected for each fee, the use of the fees, and any unexpended fees at year-end. These findings must: 1. Identify the purpose for the fee; 2. Demonstrate a reasonable relationship between the fee and the purpose for which it was charged; 3. Identify all sources and amounts of funding anticipated to complete financing of incomplete improvements; Item 8.d. - Page 1 CITY COUNCIL CONSIDERATION OF REPORT ON DEVELOPMENT IMPACT FEES (AB-1600) JANUARY 27, 2015 PAGE2 4. Designate the approximate dates these funding sources are expected to be deposited into the appropriate account or fund. When sufficient funds have been collected to complete financing of public improvements in progress but not completed, the City has 180 days to identify an approximate date by which the construction of the public improvement will begin or be completed. The second requirement provides that the City shall establish separate capital facility accounts for each improvement funded by development impact fees. Interest shall be earned and recorded in each account. The City is required to make available to the public the following information: 1. A brief description of the type of fee in the account. 2. The amount of the fee. 3. The account's" beginning and ending balance. 4. The amount of fees collected and the interest earned. 5. A description of the improvements on which the funds were expended and the amount expended on each improvement, including the percentage of the improvement funded with development fees. 6. An approximate date by which the construction of a public improvement will begin if the City determines that sufficient funds have been collected to complete financing on the incomplete improvement. 7. A description of each inter-fund transfer or loan made from the account. 8. The amount of any refunds. Attached to this staff report is the required financial information as of June 30, 2014 (Attachments A-H). The information consists of beginning and ending fund balances for each fee charged by the City, including interest earned, and details of all expenditures made from these sources. The information in the Attachments is consistent with the yearly audited financial records. ANALYSIS OF ISSUES: There are eight active Development Impact Fees identified as subject to AB1600 reporting requirements. Three of the fees were first reported in January 1999 complying with the five-year reporting requirement. Those three fees are the Traffic Signalization Fee, the Transportation Facility Fee, and the Drainage Facility Fee. The Water Neutralization Fee was required to report for the first time in 2003. The remaining four Development Impact Fees (the Fire Protection Fee, the Police Facilities Fee, Community Center Fee, and the Park Improvement Fee) were first required to report in 2005. The City also charges a Park Development Fee, which is a Quimby Fee (Government Code 66477) and does not fall under the AB-1600 reporting requirements, so it is not included in the attached report. Item 8.d. - Page 2 CITY COUNCIL CONSIDERATION OF REPORT ON DEVELOPMENT IMPACT FEES (AB-1600) JANUARY 27, 2015 PAGE3 The City utilized the following funds to track development impact fees: • Traffic Signalization Fund (Fund 222) Ordinance 346 was adopted in May of 1986 as a mechanism for assessing fees on new developments in proportion to the amount of anticipated traffic generated by a given development. The fees were restricted for funding the construction of traffic signal systems, signing, and other traffic control devices. This development impact fee came under Government Code Section 66000 et seq. in January 1989, when AB-1600 fees were recognized. • Transportation Facility Impact (Fund 224) The fund was established in January 1994 to track fees paid by developers for the construction of improvements to streets throughout the City. When a project serves both new and existing development, only the portion related to new development is charged against this fund. • Drainage Facility Fund (Fund 231) This fund was established in January 1986 to track fees collected from developers to acquire and construct drainage facilities with a designated drainage zone attributable to new development. This development impact fee came under Government Code Section 66000 et seq. in January 1989, when AB-1600 fees were recognized. As with the Transportation Facility Impact fees, when a project serves both new and existing development, only the portion related to new development is charged against this fund. • Water Neutralization Impact Fund (Fund 226) This fund was established in October 1998 to account for mitigation fees collected from developers to neutralize projected water demand of development projects above historical usage amounts. When a project serves both new and existing development, only the portion related to new development is charged against this fund. • Fire Protection Fund (Fund 210) The Impact Fee Study of March 2000 instituted the Fire Protection Fee. This fee is to be used for facilities to house fire fighting personnel and equipment serving future development. This fee was established pursuant to AB-1600. • Police Facilities Fund (Fund 211) The Police Protection Fund was established in March 2000 to account for monies that were collected from new development for the expansion of police facilities. This fee was established pursuant to AB-1600. Item 8.d. - Page 3 CITY COUNCIL CONSIDERATION OF REPORT ON DEVELOPMENT IMPACT FEES (AB-1600) JANUARY 27, 2015 PAGE4 • -Park Improvement Fund (Fund 214) This impact fee resulted from the Impact Fee Study of March 2000. This fee is to be used to improve parklands in order to maintain 4.0 acres of neighborhood and community parks per thousand residents. This fee was established pursuant to AB-1600; however, FY 2000-01 was the first year monies were collected for Park Improvement. • Community Center Fund (Fund 215) The Impact Fee Study of March 2000 instituted the Recreation Community Center Fee. The fee was enacted to ensure community center facilities are maintained at 542 square feet per thousand population. The City utilizes fund accounting to segregate Development Impact Fees from other City revenues. Although the City pools its cash for investment purposes, interest income is allocated to each of the eight funds based on their respective cash balances. Staff examined the accounts to determine if any Development Impact Fees collected between January 1989 and June 30, 2014 remained unexpended. The Drainage Fund balance will be expended in FY 2014-15 for an upcoming storm drainage improvement project. Sufficient funds have been accumulated in the Traffic Signalization Fund to fund two traffic signals and various upgrades. The Capital Improvement Program includes $30,000 for the Oak Park/West Branch/SB 101 On-Ramp and $200,000 for Traffic Signal upgrades. The Transportation Facility Impact Fund has accumulated $1,288,957 in impact fees. The Capital Improvement Program includes $1,228,805 for the Brisco Road/101 Interchange. The Water Neutralization Fund has accumulated $144,756 in impact fees; of this, $119,050 is budgeted in operating expenditures related to water conservation. The Fire Protection Impact Fund ended the year with a $136,460 fund balance. The Police Facilities Impact Fund has a balance of $92, 778, most of which is allocated for the police station remodel project. The Community Center and Park Improvement Impact funds are scheduled for various building and park improvements. ALTERNATIVES: The following alternatives are provided for City Council consideration: -Approve staff recommendation to adopt resolution accepting and filing the report; Do not approve staff recommendation and request further information; Modify staff recommendation and approve; Provide direction to staff. ADVANTAGES: By accepting the status report on Development Impact Fees, the City will be complying with Government Code Sections 66000 et seq. that require local agencies to provide an accounting of impact fees imposed on development projects. Item 8.d. - Page 4 CITY COUNCIL CONSIDERATION OF REPORT ON DEVELOPMENT IMPACT FEES (AB-1600) JANUARY 27, 2015 PAGES DISADVANTAGES: There are no disadvantages in relation to the recommended action. ENVIRONMENTAL REVIEW: No environmental review is required for this item. PUBLIC NOTIFICATION AND COMMENTS: The Agenda was posted in front of City Hall on Thursday, January 22, 2015. The agenda and report were posted on the City's website on Friday, January 23, 2015. No public comments were received. Attachments: • Attachment A -The Traffic Signalization Fund history for a ten year period from Fiscal Year 2004-05 through Fiscal Year 2013-14. • Attachment B -The Transportation Facility Impact Fund history for a ten year period from Fiscal Year 2004-05 through Fiscal Year 2013-14. • Attachment C -The Drainage Facility Fund history for a ten year period from Fiscal Year 2004-05 through Fiscal Year 2013-14. • Attachment D -The Water Neutralization Impact Fund history for a ten year period from Fiscal Year 2004-05 through Fiscal Year 2013-14. • Attachment E -The Fire Protection Fund history for a ten year period from Fiscal Year 2004-05 through Fiscal Year 2013-14. • Attachment F -The Police Protection Fund history for a ten year period from Fiscal Year 2004-05 through Fiscal Year 2013-14. • Attachment G -The Community Center Fund history for a ten year period from Fiscal Year 2004-05 through Fiscal Year 2013-14. • Attachment H -The Park Improvement Fund history for a ten year period from Fiscal Year 2004-05 through Fiscal Year 2013-14. Item 8.d. - Page 5 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ACCEPTING THE STATUS REPORT ON DEVELOPMENT IMPACT FEES (AB-1600) WHEREAS, Government Code Section 66001 (d) requires the City to make findings once every five fiscal years with respect to any portion of a development impact fee remaining unexpended in its account five or more years after deposit of the fee, and to identify the purpose to which the fee is to be put, and to demonstrate a reasonable relationship between the fee and the purpose for which it was charged; and WHEREAS, the Council has reviewed the development impact fees collected between July 1, 2005 and June 30, 2014 to determine if any such development impact fees remain unexpended; and WHEREAS, the Council finds that expenditures made on public improvements funded from development impact fees are consistent with the requirements of Government Code Section 66006. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Arroyo Grande hereby accepts and files this Status Report on development impact fees. On motion of Council Member , seconded by Council Member , and on the following roll call vote, to wit: AYES: NOES: ABSENT: The foregoing Resolution was passed and adopted this day of 2015. Item 8.d. - Page 6 RESOLUTION NO. PAGE2 JIM HILL, MAYOR ATTEST: KELLY WETMORE, CITY CLERK APPROVED AS TO CONTENT: ROBERT MCFALL, INTERIM CITY MANAGER APPROVED AS TO FORM: TIMOTHY J. CARMEL, CITY ATTORNEY Item 8.d. - Page 7 ATTACHMENTS A-H Item 8.d. - Page 8 ATTACHMENT A CITY OF ARROYO GRANDE Traffic Signalization Fund Comparative Statement of Revenues, Expenditures and Changes in Fund Balances Fiscal Years Ending June 30, 2005-2014 " 0 FY 04-05 FY 05-06 FY 06-07 FY07-08 FY 08-09 FY 09-10 FY 10-11 FY11-12 FY 12-13 FY 13-14 Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Revenues Traffic Signal Assessments $ 67, 189 $ 62,842. $ 86,169 $ 97,803 $ 3,602 $ 30,709 $ 96,409 $ 16,561 $ 80,982 $ 26,976 Interest Income 11, 147 21,649 24,705 18,464 8,359 2,513 2,479 2,365 2,167 3,196 Total Revenues $ 78,336 $ 84,491 $ 110,874 $ 116,267 $ 11,961 $ 33,222 $ 98,888 $ 18,926 $ 83,149 $ 30,172 Expenditures Operating Expenses Excess of Revenues Over Expenditures 78,336 84,491 110,874 116,267 11,961 33,222 98,888 18,926 83,149 30,172 Other Financing Uses. Capital Projects 13,282 169,672 313,851 61,795 13,926 57,572 Excess of Revenues Over (Under) Expenditures and other Financing Uses 65,054 (85, 180) (202,977) 54,472 (1,965) (24,350) 98,888 18,926 83,149 30, 172 Fund Balance, Beginning of Year 588,219 653,273 568,092 365,116 419,588 417,623 393,273 492,161 511,087 594,236 Fund Balance, End of Year $ 653,273 $ 568,092 $ 365,116 $ 419,588 $ 417,623 $ 393,273 $ 492,161 $ 511,087 $ 594,236 $ 624,408 Capital Project Detail Grand/Halcyon Traffic Signal $ 13,282 $ 137, 135 $ 29, 190 $ $ $ $ $ $ $ Fair Oaks/Halcyon Rd Traffic Signal 8,905 13,926 57,572 West Branch St/Camino Mercado 32,537 West Branch Traffic Signal 284,661 52,890 Total Capital Projects $ 13,282 $169,672 $ 313,851 $ 61,795 $ 13,926 $ 57,572 $ $ $ $ Item 8.d. - Page 9 ATTACHMENT B CITY OF ARROYO GRANDE Transportation Facility Impact Fee Comparative Statement of Revenues, Expenditures and Changes in Fund Balances Fiscal Years Ending June 30, 2005-2014 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09 FY 09-10 FY10-11 FY11-12 FY 12-13 FY 13-14 Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Revenues: Transportation Impact Fees $ 171,926 $ 172,840 $ 236,436 $ 269,079 $ 13,031 $ 87,928 $ 267,489 $ 48,385 $ 221,532 $ 76,857 Interest income 40,565 57,246 64,353 116,192 58,888 16,824 15,937 13,203 8,657 11, 109 Total Revenues 212,491 230,086 300,789 385,271 71,919 104,752 283,426 61,588 230,189 87,966 Expenditures· Operating Expenses Excess of Revenues Over Expenditures 212,491 230,086 300,789 385,271 71,919 104,752 283,426 61,588 230,189 87,966 Other Financing Uses Capital Projects 44,702 93,288 103,120 49,536 199,802 177,415 253,718 739,974 231,184 128,433 Excess of Revenues Over (Under) Expenditures and Other Financing Uses 167,789 136,798 197,669 335,735 (127,883) (72,663) 29,708 (678,386) (995) (40,467) Fund Balance, Beginning of Year 2,103,134 2,270,923 2,407,721 2,605,390 2,941,125 2,813,242 2,740,579 2,770,287 2,091,901 2,090,906 Fund Balance, End of Year $2,270,923 $ 2,407,721 $2,605,390 $2,941,125 $2,813,242 $2,740,579 $2,770,287 $2,091,901 $2,090,906 * $2,050,439 Capital Project Detail: Brisco Road/101 Interchange $ 29,798 $ 44,336 $ 85,271 $ 37,384 $ 46,002 $ 177,415 $ 253,718 $ 267,448 $ 189,091 $ 128,433 Pavement Mgmt Project 17,849 El Campo Road/Route 101 Alt. 771 Traffic Count Prag/Traffic Model 14,133 Brisco Road Pavement Rehab 12,152 Grand Avenue & Halcyon Signal 48,952 East Branch Streetscape 113,800 Traffic Way Streetscape 40,000 Le Point Parking Lot 121,231 El Camino Real Rehabilitation 351,295 42,093 Total Capital Projects $ 44,702 $ 93,288 $ 103,120 $ 49,536 $ 199,802 $ 177,415 $ 253,718 $ 739,974 $ 231,184 $ 128,433 *$1,228,805 will be used to finance Brisco Rd-Halcyon/ Route 101 interchange as detailed in the CIP within the budget for FY 2014-15 Item 8.d. - Page 10 ATTACHMENT C CITY OF ARROYO GRANDE Drainage Facility Fees Comparative Statement of Revenues, Expenditures and Changes in Fund Balances Fiscal Years Ending June 30, 2005-2014 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Revenues: Drainage Fees $ 12,619 $ 47 $ $ 178 $ 312 $ 21,975 $ $ $ 20,648 $ Interest Income 734 834 453 846 232 162 7 2 15 113 Total Revenues 13,353 881 453 1,024 544 22,137 7 2 20,663 113 Expenditures Operating Expenses 1,575 Excess of Revenues Over Expenditures 13,353 881 453 1,024 544 22,137 (1,568) 2 20,663 113 Other Financing Uses· Capital Proiects 19,300 15,525 10,600 9,913 32,076 Excess of Revenues Over (Under) Expenditures and Other Financing Uses (5,947) (14,644) (10, 147) (8,889) 544 (9,939) (1,568) 2 20,663 113 Fund Balance, Beginning of Year 51,050 45,103 30,459 20,312 11,423 11,967 2,028 460 462 21, 125 Fund Balance, End of Year $ 45,103 $ 30,459 $ 20,312 $ 11,423 $ 11,967 $ 2,028 $ 460 $ 462 $ 21,125 * $ 21,238 Capital Project Detail: Storm Drain Erosion M1t1gat1on $ $ $ $ $ $ 20,176 $ $ $ $ Drainage Master Plan 1,163 Newsom Springs Drainage 1,000 11,900 Popular Street Drainage Basin Imp 19,300 11, 150 8,750 Storm Water Study 4,375 9,600 Total Capital Projects $ 19,300 $ 15,525 $ 10,600 $ 9,913 $ $ 32,076 $ $ $ $ * $21,226 ofth1s fund balance 1s budgeted for drainage improvements in FY 2014-15. Item 8.d. - Page 11 ATTACHMENT D CITY OF ARROYO GRANDE Water Neutralization Fees Comparative Statement of Revenues, Expenditures and Changes in Fund Balances Fiscal Years Ending June 30, 2005-2014 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09 FY 09-10 FY 10-11 FY11-12 FY 12-13 FY 13-14 Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Revenues: Water Neutralization Fee $ 231,430 $ 181, 152 $ 206,676 $ 130,454 $ 9,930 $ 33,594 $ 85,473 $ 44,557 $ 75,308 $ 37,207 Interest Income 16,293 27,365 30,300 34,865 16,379 3,789 2,761 1,975 1,597 1,856 Total Revenues 247,723 208,517 236,976 165,319 26,309 37,383 88,234 46,532 76,905 39,063 Expenditures: Operating Expenses 8,259 79,598 190,381 197,568 49,209 87,011 80,838 Excess of Revenues Over Expenditures 239,464 208,517 236,976 165,319 (53,289) (152,998) (109,334) (2,677) (10,106) (41,775) Other Financing Uses· Capital Projects 228,823 350,005 88,080 64,987 88,794 11,325 44,990 Excess of Revenues Over (Under) Expenditures and Other Financing Uses 10,641 (141,488) 148,896 100,332 (142,083) (152,998) (120,659) (2,677) (55,096) (41,775) Fund Balance, Begmnmg of Year 719,123 729,764 588,276 737, 172 837,504 695,421 542,423 421,764 419,087 363,991 Fund Balance, End of Year $ 729,764 $ 588,276 $ 737, 172 $ 837,504 $ 695,421 $ 542,423 $421,764 $ 419,087 $ 363,991 * $ 322,216 Capital Project Detail: Water Conservation Program $ 228,823 $ 350,005 $ 88,080 $ 64,987 $ 88,794 $ $ $ $ $ Short Street Bathroom Retrofit 11,325 Central Irrigation System 44,990 Total Capital Projects $ 228,823 $ 350,005 $ 88,080 $ 64,987 $ 88,794 $ $ 11,325 $ $ 44,990 $ * $119, 050 of this fund balance 1s to be used to finance the Water Conservation Program. Item 8.d. - Page 12 ATTACHMENT E CITY OF ARROYO GRANDE Fire Protection Fee Comparative Statement of Revenues, Expenditures and Changes in Fund Balances Fiscal Years Ending June 30, 2005-2014 FY04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09 FY 09-10 FY10-11 FY 11-12 FY 12-13 FY 13-14 Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Revenues: Impact Fees $ 104,568 $ 86,450 $ 73,360 $ 15,741 $ 9,802 $ 18,263 $ 21,150 $ 22,802 $ 40,042 $ 28,404 Interest Income 5,276 6,150 13,060 248 120 125 180 270 343 636 Transfers in -operating 100,800 Total Revenues 109,844 92,600 187,220 15,989 9,922 18,388 21,330 23,072 40,385 29,040 Expenditures: Operating Expenses 409,465 Excess of Revenues Over Expenditures 109,844 92,600 (222,245} 15,989 9,922 18,388 21,330 23,072 40,385 29,040 Other Financing Uses: Capital Transfers Out 173,271 7,206 14,385 12,572 2,723 6,380 Excess of Revenues Over (Under) Expend1utres and Other Financing Uses (63,427} 85,395 (236,629} 3,417 7,200 12,009 21,331 23,072 40,385 29,040 Fund Balance, Beginning of Year 214,667 151,240 236,635 6 3,423 10,623 22,632 43,963 67,035 107,420 Fund Balance, End of Year $ 151,240 $ 236,635 $ 6 $ 3,423 $ 10,623 $ 22,632 $ 43,963 $ 67,035 $ 107,420 $ 136,460 Capital Project Detail: Fire Station Addition $ 173,271 $ 7,206 $ 14,385 $ 12,572 $ 2,723 $ 6,380 $ $ $ $ $ 173,271 $ 7,206 $ 14,385 $ 12,572 $ 2,723 $ 6,380 $ $ $ $ Item 8.d. - Page 13 ATTACHMENT F CITY OF ARROYO GRANDE Police Protection Fee Comparative Statement of Revenues, Expenditures and Changes in Fund Balances Fiscal Years Ending June 30, 2005-2014 FY 04-05 FY 05-06 FY06-07 FY07-08 FY 08-09 FY 09-10 FY10-11 FY11-12 FY 12-13 FY 13-14 Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Revenues: Impact Fees $ 10,588 $ 11,205 $ 12,980 $ 13,218 $ 515 $ 3,778 $ 12,479 $ 3,418 $ 20,809 $ 3,900 Interest Income 984 1,994 615 1,700 904 280 320 308 292 476 Total Revenues 11,572 13,199 13,595 , 14,918 1,419 4,058 12,799 3,726 21,101 4,376 Expenditures: Operating Expenses 4,802 Excess of Revenues Over Expenditures 6,770 13,199 13,595 14,918 1,419 4,058 12,799 3,726 21, 101 4,376 Other Financing Uses: Capital Transfers Out 58,073 1,927 Excess of Revenues Over (Under) Expendiutres and Other Financing Uses 6,770 {44,873} 11,669 14,918 1,419 4,058 12,799 3,726 21,101 4,376 Fund Balance, Beginning of Year 56,815 63,585 18,712 30,381 45,299 46,718 50,776 63,575 67,301 88,402 Fund Balance, End of Year $ 63,585 $ 18,712 $ 30,381 $ 45,299 $ 46,718 $ 50,776 $ 63,575 $ 67,301 $ 88,402 $ 92,778 Capital Project Detail: Parking Lot· $ $ 58,073 $ 1,927 $ $ $ $ $ $ $ $ $ 58,073 $ 1,927 $ $ $ $-$ $ $ Item 8.d. - Page 14 ATTACHMENT G CITY OF ARROYO GRANDE Community Center Fee Comparative Statement of Revenues, Expenditures and Changes in Fund Balances Fiscal Years Ending June 30, 2005-2014 FY04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09 FY 09-10 FY 10-11 FY11-12 FY 12-13 FY 13-14 Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Revenues: Impact Fees $ 8,361 $ 8,882 $ 8,779 $ 774 $ 728 $ 1,275 $ 1,420 $ 1,623 $ 2,744 $ 2,036 Interest Income 323 830 1,580 1,695 865 254 209 218 190 269 Expense Recovery 6,082 Total Revenues 8,684 9,712 10,359 2,469 1,593 1,529 7,711 1,841 2,934 2,305 Expenditures. Operating Expenses 3,000 Excess of Revenues Over Expenditures 8,684 9,712 10,359 2,469 (1,407) 1,529 7,711 1,841 2,934 2,305 Other Financing Uses Capital Transfers Out 6,082 324 Excess of Revenues Over (Under) Expendiutres and Other Financing Uses 8,684 9,712 10,359 2,469 (1,407) (4,553) 7,711 1,841 2,610 2,305 Fund Balance, Beginning of Year 12,167 20,851 30,563 40,922 43,391 41,984 37,431 45,142 46,983 49,593 Fund Balance, End of Year $ 20,851 $ 30,563 $ 40,922 $ 43,391 $ 41,984 $ 37,431 $ 45,142 $ 46,983 $ 49,593 * $ 51,898 Capital Project Detail: ADA Improvements $ $ $ $ $ $ 6,082 $ $ $ $ Elm Street Roof Replacement 324 $ $ $ $ $ $ 6,082 $ $ $ 324 $ * $14,676 of the fund balance is budgeted for the Elm Street roof replacement in FY 2014-15 Item 8.d. - Page 15 ATTACHMENT H CITY OF ARROYO GRANDE Park Improvement Fee Comparative Statement of Revenues, Expenditures and Changes in Fund Balances Fiscal Years Ending June 30, 2005-2014 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09 FY 09-10 FY10-11 FY11-12 FY 12-13 FY 13-14 Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Revenues: Impact Fees $ 149,138 $ 154,861 $ 118,152 $ 13,367 $ 12,514 $ 21,920 $ 24,646 $ 27,874 $ 94,540 $ 34,936 Interest Income 4,826 12,922 25,483 24,564 10,920 2,427 1,938 1,721 1,482 570 Total Revenues 153,964 167,783 143,635 37,931 23,434 24,347 26,584 29,595 96,022 35,506 Expenditures. Operating Expenses Excess of Revenues Over Expenditures 153,964 167,783 143,635 37,931 23,434 24,347 26,584 29,595 96,022 35,506 Other Financing Uses: Capital Transfers Out 1,319 8,263 14,263 101,618 174,427 77,817 20,192 20,749 359,289 20,000 Excess of Revenues Over (Under) Expendiutres and Other Financing Uses 152,645 159,520 129,372 (63,687) (150,993) (53,470) 6,392 8,846 (263,267) 15,506 Fund Balance, Beginning of Year 168,237 320,882 480,402 609,774 546,087 395,094 341,624 348,016 356,862 93,595 Fund Balance, End of Year $ 320,882 $ 480,402 $ 609,774 $ 546,087 $ 395,094 $ 341,624 $ 348,016 $ 356,862 $ 93,595 * $ 109,101 Capital Project Detail: Park Equipment Installation $ 1,319 $ $ $ $ $ $ $ $ $ Turf Renovations 3,000 21,792 24,917 Park Improvements 263 3,051 7,591 2,455 23,832 14,329 19,060 20,614 20,000 Replacement pump & pipe 5,000 Fence Replacement 17,631 Village Green Master Plan 22,709 115,976 33,985 Picnic Shelter @ Elm St park 11,212 31,895 Irrigation System Replacement@ Elm St park 3,295 235 Picnic Table Replacement 4,263 Resurface courts 23,232 Replace fencing @ Porter Field 289 20,000 Soto Pond Fence Replacement 5,628 Replacement lighting-lower basin fields 1,689 290,360 Central Irrigation System 48,315 $ 1,319 $ 8,263 $ 14,263 $ 101,618 $ 174,427 $ 77,817 $ 20,192 $ 20,749 $ 359,289 $ 20,000 * $35,000 of the fund balance 1s budgeted for Park Improvements in FY 2014-15 Item 8.d. - Page 16