CC 2016-01-12_09c Status Report AB1600 Fees MEMORANDUM
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 12, 2016
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, 2015.
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 has been the City’s practice 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; and
Item 9.c. - Page 1
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 Resolution with the required financial information as of
June 30, 2015 (Exhibits 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 Exhibits is consistent
with the annual 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 9.c. - Page 2
The City utilizes 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.
• 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. 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.
• 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.
Item 9.c. - Page 3
• 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. 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 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, 2015 remained unexpended. The Drainage Fund
balance will be expended in FY 2015-16 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, of which $12,718 was
expended in the current year with the remaining $17,280 programmed in FY 2015-16.
The Transportation Facility Impact Fund has accumulated $1,062,018 in unspent impact
fees, all of which is identified in the Capital Improvement Program for the Brisco
Road/101 Interchange. The Water Neutralization Fund has no remaining unspent
impact fees, but ended the year with a fund balance of $282,813. The Fire Protection
Impact Fund ended the year with $169,602 in fund balance. The Police Facilities Impact
Fund has a balance of $19,287. 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 9.c. - Page 4
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 7, 2016. The agenda
and report were posted on the City’s website on Friday, January 8, 2016. No public
comments were received.
Item 9.c. - 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, to
demonstrate a reasonable relationship between the fee and the purpose for
which it was charged; and identify all sources and amounts of funding anticipated
to complete financing incomplete improvements, and designate the approximate
dates on which the funding is expected to be deposited into the appropriate fund;
and
WHEREAS, the Council has reviewed the development impact fees collected
between July 1, 2006 and June 30, 2015 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 the Status Report on development
impact fees, as reflected in Exhibits A-H, attached and incorporated herein.
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 2016.
Item 9.c. - Page 6
JIM HILL, MAYOR
ATTEST:
KELLY WETMORE, CITY CLERK
APPROVED AS TO CONTENT:
DIANNE THOMPSON, CITY MANAGER
APPROVED AS TO FORM:
HEATHER WHITHAM, CITY ATTORNEY
Item 9.c. - Page 7
EXHIBIT A
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 FY 14-15
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Traffic Signal Assessments 62,842$ 86,169$ 97,803$ 3,602$ 30,709$ 96,409$ 16,561$ 80,982$ 26,976$ 23,338$
Interest Income 21,649 24,705 18,464 8,359 2,513 2,479 2,365 2,167 3,197 6,576
Total Revenues 84,491$ 110,874$ 116,267$ 11,961$ 33,222$ 98,888$ 18,926$ 83,149$ 30,173$ 29,914$
Expenditures:
Operating Expenses - - - - - - - - - -
Excess of Revenues Over
Expenditures 84,491 110,874 116,267 11,961 33,222 98,888 18,926 83,149 30,173 29,914
Other Financing Uses:
Capital Projects 169,672 313,851 61,795 13,926 57,572 - - - - 12,718
Excess of Revenues Over
(Under) Expenditures and
Other Financing Uses (85,180) (202,977) 54,472 (1,965) (24,350) 98,888 18,926 83,149 30,173 17,196
Fund Balance, Beginning of Year 653,273 568,092 365,116 419,588 417,623 393,273 492,161 511,087 594,236 624,409
Fund Balance, End of Year 568,092$ 365,116$ 419,588$ 417,623$ 393,273$ 492,161$ 511,087$ 594,236$ 624,409$ 641,605$
Capital Project Detail
Grand/Halcyon Traffic Signal 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
Oak Park/West Branch Signal 12,718
Total Capital Projects 169,672$ 313,851$ 61,795$ 13,926$ 57,572$ -$ -$ -$ -$ 12,718$
CITY OF ARROYO GRANDE
Traffic Signalization Fund
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30, 2006-2015
Item 9.c. - Page 8
EXHIBIT B
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 FY 14-15
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Transportation Impact Fees 172,840$ 236,436$ 269,079$ 13,031$ 87,928$ 267,489$ 48,385$ 221,532$ 76,857$ 74,358$
Interest income 57,246 64,353 116,192 58,888 16,824 15,937 13,203 8,657 11,109 20,107
Total Revenues 230,086 300,789 385,271 71,919 104,752 283,426 61,588 230,189 87,966 94,465
Expenditures:
Operating Expenses - - - - - - - - - 16,800
Excess of Revenues Over
Expenditures 230,086 300,789 385,271 71,919 104,752 283,426 61,588 230,189 87,966 77,665
Other Financing Uses:
Capital Projects 93,288 103,120 49,536 199,802 177,415 253,718 739,974 231,184 128,433 284,497
Excess of Revenues Over
(Under) Expenditures and
Other Financing Uses 136,798 197,669 335,735 (127,883) (72,663) 29,708 (678,386) (995) (40,467) (206,832)
Fund Balance, Beginning 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
Fund Balance, End of Year 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$ *1,843,607$
Capital Project Detail:
Brisco Road/101 Interchange 44,336$ 85,271$ 37,384$ 46,002$ 177,415$ 253,718$ 267,448$ 189,091$ 128,433$ 284,497$
Pavement Mgmt Project 17,849
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 93,288$ 103,120$ 49,536$ 199,802$ 177,415$ 253,718$ 739,974$ 231,184$ 128,433$ 284,497$
*$1,714,300 will be used to finance Brisco Rd-Halcyon/ Route 101 interchange as detailed in the CIP within the budget for FY 2015-16.
CITY OF ARROYO GRANDE
Transportation Facility Impact Fee
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30, 2006-2015
Item 9.c. - Page 9
EXHIBIT C
FY 05-06 FY 06-07 FY 07-08 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Drainage Fees 47$ -$ 178$ 312$ 21,975$ -$ -$ 20,648$ -$ -$
Interest Income 834 453 846 232 162 7 2 15 113 217
Total Revenues 881 453 1,024 544 22,137 7 2 20,663 113 217
Expenditures:
Operating Expenses - - - - - 1,575 - - - -
Excess of Revenues Over
Expenditures 881 453 1,024 544 22,137 (1,568) 2 20,663 113 217
Other Financing Uses:
Capital Projects 15,525 10,600 9,913 - 32,076 - - - - -
Excess of Revenues Over
(Under) Expenditures and
Other Financing Uses (14,644) (10,147) (8,889) 544 (9,939) (1,568) 2 20,663 113 217
Fund Balance, Beginning of Year 45,103 30,459 20,312 11,423 11,967 2,028 460 462 21,125 21,238
Fund Balance, End of Year 30,459$ 20,312$ 11,423$ 11,967$ 2,028$ 460$ 462$ 21,125$ 21,238$ *21,455$
Capital Project Detail:
Storm Drain Erosion Mitigation -$ -$ -$ -$ 20,176$ -$ -$ -$ -$ -$
Drainage Master Plan 1,163
Newsom Springs Drainage 1,000 11,900 - - - - -
Popular Street Drainage Basin Imprv 11,150 8,750
Storm Water Study 4,375 9,600
Total Capital Projects 15,525$ 10,600$ 9,913$ -$ 32,076$ -$ -$ -$ -$ -$
* $21,226 of this fund balance is budgeted for drainage improvements in FY 2015-16.
CITY OF ARROYO GRANDE
Drainage Facility Fees
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30, 2006-2015
Item 9.c. - Page 10
EXHIBIT D
FY 05-06 FY 06-07 FY 07-08 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Water Neutralization Fee 181,152$ 206,676$ 130,454$ 9,930$ 33,594$ 85,473$ 44,557$ 75,308$ 37,207$ 85,497$
Interest Income 27,365 30,300 34,865 16,379 3,789 2,761 1,975 1,597 1,856 2,631
Transfer In - Water Fund 200,000
Total Revenues 208,517 236,976 165,319 26,309 37,383 88,234 46,532 76,905 39,063 288,128
Expenditures:
Operating Expenses 79,598 190,381 197,568 49,209 87,011 80,838 327,531
Excess of Revenues Over/(Under)
Expenditures 208,517 236,976 165,319 (53,289) (152,998) (109,334) (2,677) (10,106) (41,775) (39,403)
Other Financing Uses:
Capital Projects 350,005 88,080 64,987 88,794 - 11,325 44,990
Excess of Revenues Over
(Under) Expenditures and
Other Financing Uses (141,488) 148,896 100,332 (142,083) (152,998) (120,659) (2,677) (55,096) (41,775) (39,403)
Fund Balance, Beginning of Year 729,764 588,276 737,172 837,504 695,421 542,423 421,764 419,087 363,991 322,216
Fund Balance, End of Year 588,276$ 737,172$ 837,504$ 695,421$ 542,423$ 421,764$ 419,087$ 363,991$ 322,216$ 282,813$
Capital Project Detail:
Water Conservation Program 350,005$ 88,080$ 64,987$ 88,794$ -$ -$ -$ -$ -$ -$
Short Street Bathroom Retrofit 11,325
Central Irrigation System 44,990
Total Capital Projects 350,005$ 88,080$ 64,987$ 88,794$ -$ 11,325$ -$ 44,990$ -$ -$
CITY OF ARROYO GRANDE
Water Neutralization Fees
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30, 2006-2015
Item 9.c. - Page 11
EXHIBIT E
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 FY 14-15
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Impact Fees 86,450$ 73,360$ 15,741$ 9,802$ 18,263$ 21,150$ 22,802$ 40,042$ 28,404$ 31,542$
Interest Income 6,150 13,060 248 120 125 180 270 343 636 1,600
Transfers in - operating 100,800
Total Revenues 92,600 187,220 15,989 9,922 18,388 21,330 23,072 40,385 29,040 33,142
Expenditures:
Operating Expenses - 409,465
Excess of Revenues Over
Expenditures 92,600 (222,245) 15,989 9,922 18,388 21,330 23,072 40,385 29,040 33,142
Other Financing Uses:
Capital Transfers Out 7,206 14,385 12,572 2,723 6,380 - - - - -
Excess of Revenues Over
(Under) Expendiutres and
Other Financing Uses 85,395 (236,629) 3,417 7,200 12,009 21,331 23,072 40,385 29,040 33,142
Fund Balance, Beginning of Year 151,240 236,635 6 3,423 10,623 22,632 43,963 67,035 107,420 136,460
Fund Balance, End of Year 236,635$ 6$ 3,423$ 10,623$ 22,632$ 43,963$ 67,035$ 107,420$ 136,460$ 169,602$
Capital Project Detail:
Fire Station Addition 7,206$ 14,385$ 12,572$ 2,723$ 6,380$ -$ -$ -$ -$ -$
7,206$ 14,385$ 12,572$ 2,723$ 6,380$ -$ -$ -$ -$ -$
CITY OF ARROYO GRANDE
Fire Protection Fee
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30, 2006-2015
Item 9.c. - Page 12
EXHIBIT F
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 FY 14-15
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Impact Fees 11,205$ 12,980$ 13,218$ 515$ 3,778$ 12,479$ 3,418$ 20,809$ 3,900$ 7,448$
Interest Income 1,994 615 1,700 904 280 320 308 292 476 461
Total Revenues 13,199 13,595 14,918 1,419 4,058 12,799 3,726 21,101 4,376 7,909
Expenditures:
Operating Expenses - - - - - - - - - -
Excess of Revenues Over
Expenditures 13,199 13,595 14,918 1,419 4,058 12,799 3,726 21,101 4,376 7,909
Other Financing Uses:
Capital Transfers Out 58,073 1,927 - - - - - - - 81,400
Excess of Revenues Over
(Under) Expendiutres and
Other Financing Uses (44,873) 11,669 14,918 1,419 4,058 12,799 3,726 21,101 4,376 (73,491)
Fund Balance, Beginning of Year 63,585 18,712 30,381 45,299 46,718 50,776 63,575 67,301 88,402 92,778
Fund Balance, End of Year 18,712$ 30,381$ 45,299$ 46,718$ 50,776$ 63,575$ 67,301$ 88,402$ 92,778$ 19,287$
Capital Project Detail:
Parking Lot 58,073$ 1,927$ -$ -$ -$ -$ -$ -$ -$ -$
Police Station Remodeling 81,400
58,073$ 1,927$ -$ -$ -$ -$ -$ -$ -$ 81,400$
CITY OF ARROYO GRANDE
Police Protection Fee
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30, 2006-2015
Item 9.c. - Page 13
EXHIBIT G
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 FY 14-15
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Impact Fees 8,882$ 8,779$ 774$ 728$ 1,275$ 1,420$ 1,623$ 2,744$ 2,036$ 4,858$
Interest Income 830 1,580 1,695 865 254 209 218 190 269 572
Expense Recovery 6,082
Total Revenues 9,712 10,359 2,469 1,593 1,529 7,711 1,841 2,934 2,305 5,430
Expenditures:
Operating Expenses - - - 3,000 - - - - - -
Excess of Revenues Over
Expenditures 9,712 10,359 2,469 (1,407) 1,529 7,711 1,841 2,934 2,305 5,430
Other Financing Uses:
Capital Transfers Out - - - - 6,082 - - 324 - -
Excess of Revenues Over
(Under) Expendiutres and
Other Financing Uses 9,712 10,359 2,469 (1,407) (4,553) 7,711 1,841 2,610 2,305 5,430
Fund Balance, Beginning of Year 20,851 30,563 40,922 43,391 41,984 37,431 45,142 46,983 49,593 51,898
Fund Balance, End of Year 30,563$ 40,922$ 43,391$ 41,984$ 37,431$ 45,142$ 46,983$ 49,593$ 51,898$ *57,328$
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 and $20,000 is budgeted for the Woman's Club Kitchen Remodel in FY 2015-16
CITY OF ARROYO GRANDE
Community Center Fee
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30, 2006-2015
Item 9.c. - Page 14
EXHIBIT H
FY 05-06 FY 06-07 FY 07-08 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Impact Fees 154,861$ 118,152$ 13,367$ 12,514$ 21,920$ 24,646$ 27,874$ 94,540$ 34,936$ 83,790$
Interest Income 12,922 25,483 24,564 10,920 2,427 1,938 1,721 1,482 570 1,582
Total Revenues 167,783 143,635 37,931 23,434 24,347 26,584 29,595 96,022 35,506 85,372
Expenditures:
Operating Expenses - - - - - - - - - -
Excess of Revenues Over
Expenditures 167,783 143,635 37,931 23,434 24,347 26,584 29,595 96,022 35,506 85,372
Other Financing Uses:
Capital Transfers Out 8,263 14,263 101,618 174,427 77,817 20,192 20,749 359,289 20,000 35,000
Excess of Revenues Over
(Under) Expendiutres and
Other Financing Uses 159,520 129,372 (63,687) (150,993) (53,470) 6,392 8,846 (263,267) 15,506 50,372
Fund Balance, Beginning of Year 320,882 480,402 609,774 546,087 395,094 341,624 348,016 356,862 93,595 109,101
Fund Balance, End of Year 480,402$ 609,774$ 546,087$ 395,094$ 341,624$ 348,016$ 356,862$ 93,595$ 109,101$ *159,473$
Capital Project Detail:
Park Equipment Installation -$ -$ -$ -$ -$ -$ -$ -$ -$ -$
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 35,000
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
8,263$ 14,263$ 101,618$ 174,427$ 77,817$ 20,192$ 20,749$ 359,289$ 20,000$ 35,000$
* $20,000 of the fund balance is budgeted for Park Improvements in FY 2015-16
CITY OF ARROYO GRANDE
Park Improvement Fee
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30, 2006-2015
Item 9.c. - Page 15
THIS PAGE INTENTIONALLY LEFT BLANK
Item 9.c. - Page 16