R 4233 RESOLUTION NO.4233
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, 1999 and June 30, 2009 to determine if any such development impact fees
remain unexpended; and
WHEREAS, the Council finds that expenditures made on public improvements funded
from project development impact fees 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 Arnold, seconded by Council Member Fellows, and on
the following roll call vote, to wit:
AYES: Council Members Arnold, Fellows, Guthrie, and Mayor Ferrara
NOES: None
ABSENT: Council Member Costello
The foregoing Resolution was passed and adopted this 8th day of December 2009.
RESOLUTION NO. 4233
PAGE 2
TONY F , MAYOR
ATTEST: KE LLY W TMO ,CITY CLERK
APPROVED AS TO CONTENT:
STE N ADAMS, CITY MANAGER
APPROVED AS TO FORM:
TIM THY J. C L, CITY ATTORNEY
OFFICIAL CERTIFICATION
I, KELLY WETMORE, City Clerk of the City of Arroyo Grande, County of San Luis
Obispo, State of California, do hereby certify under penalty of perjury, that the attached
Resolution No. 4233 is a true, full, and correct copy of said Resolution passed and
adopted at a Regular meeting of the City Council /Redevelopment Agency of the City of
Arroyo Grande on the 8c day of December 2009.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 11` day of
December 2009.
jai / f,
KELLY W T ,o RE, CITY CLERK
ATTACHMENTS
A - F
i
ATTACHMENT A
CITY OF ARROYO GRANDE
Traffic Signalization Fund
Comparative Statement of Revenues,Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30, 2000-2009
FY 99-00 FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Traffic Signal Assessments $ 18,523 $ 37,577 $110,055 $ 24,519 $ 94,817 $ 67,189 $ 62,842 $ 86,169 $ 97,803 $ 3,602
Interest Income 23,779 27,507 14,591 9,279 6,706 11,147 21,649 24,705 18,464 8,359
Total Revenues 42,302 65,084 124,646 33,798 $101,523 $ 78,336 $ 84,491 $110,874 $116,267 $ 11,961
Expenditures:
Operating Expenses - - - - - - - - - -
Excess of Revenues Over
Expenditures 42,302 65,084 124,646 33,798 101,523 78,336 84,491 110,874 116,267 11,961
Other Financing Uses'
Capital Projects 9,931 56,530 136,889 - - 13,282 169,672 313,851 61,795 13,926
Excess of Revenues Over
(Under)Expenditures and
Other Financing Uses 32,371 8,554 (12,243) 33,798 101,523 65,054 (85,180) (202,977) 54,472 (1,965)
Fund Balance, Beginning of Year 424,216 456,587 465,141 452,898 486,696 588,219 653,273 568,092 365,116 419,588
Fund Balance, End of Year $456,587 $465,141 $452,898 $ 486,696 $588,219 $653,273 $568,092 $365,116 * $419,588 $ 417,623
Capital Project Detail
Opticom Devices $ 65 $ - $ - $ - $ - $ - $ - $ - $ - $ -
Traffic Loop-Fair Oaks/Halcyon
Grand Avenue Corridor Study 31
Fair OaksNalley Traffic Signal 9,381 17,480
Grand/Halcyon Traffic Signal 454 13,026 13,282 137,135 29,190
Fair Oaks AveNalley Rd Reconst 26,024 136,889
Fair Oaks/Halcyon Rd Traffic Signal 8,905 13,926
West Branch St/Camino Mercado 32,537
I West Branch Traffic Signal - - 284,661 52,690
Total Capital Projects $ 9,931 $ 56,530 $136,889 $ $ $ 13,282 $169,672 $313,851 $ 61,795 $ 13,926 ,,
*$76,686 of this fund balance is to be used to finance various traffic projects as included in the Capital Improvement Program within the budget for FY 2009-10.
ATTACHMENT B
CITY OF ARROYO GRANDE
Transportation Facility Impact Fee
Comparative Statement of Revenues,Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30,2000-2009
FY 99-00 FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Transportation Impact Fees $ 68,444 $ 93,134 $ 261,625 $ 68,836 $ 258,987 $ 171,926 $ 172,840 $ 236,436 $ 269,079 $ 13,031
Interest income 83,772 93,796 55,846 38,697 26,059 40,565 57,246 64,352 116,192 58,888
Total Revenues 152,216 186,930 317,471 107,533 285,046 212,491 230,086 300,789 385,271 71,919
Expenditures'
Operating Expenses - - - - - - - - - -
Excess of Revenues Over
Expenditures 152,216 186,930 317,471 107,533 285,046 212,491 230,086 300,789 385,271 71,919
Other Financing Uses:
Capital Projects 74,372 31,457 237,490 62,013 39,799 44.702 93,288 103,120 49,536 199,802
Excess of Revenues Over
(Under)Expenditures and
Other Financing Uses 77,844 155,473 79,981 45,520 245,247 167,789 136,798 197,669 335,735 (127,883)
Fund Balance, Beginning of Year 1,499,069 1,576,913 1,732,386 1,812,367 1,857,887 2,103,134 2,270,923 2,407,721 2,605,390 2,941,125
Fund Balance,End of Year $1,576,913 $1,732,386 $1,812,367 $1,857,887 $2,103,134 $ 2,270,923 $ 2,407,721 $ 2,605,390 $ 2,941,125 $ 2,813,242
Capital Project Detail:
Brisco Road/101 Interchange $ 25,233 $ 16,650 $ (433) $ - $ - $ 29,798 $ 44,336 $ 85,271 $ 37,384 $ 46,002
Parking Lot-Council Chambers 36,546
Pavement Mgmt Project 12,593 14,807 17,848
El Campo Road/Route 101 Alt 36,019 9,746 771
Oak Park Boulevard Widening 201,904 51,963
Infrastructure Inventory 10,000
1 Traffic Count Prog/Traffic Model 30,053 14,133
Brisco Road Pavement Rehab 12,152
' Grand Avenue&Halcyon Signal 48,952
-I East Branch Streetscape 113,800
Traffic Way Streetscape 40,000
Total Capital Projects $ 74,372 $ 31,457 $ 237,490 $ 61,963 $ 39,799 $ 44,702 $ 93,288 $ 103,120 $ 49,536 $ 199,802
"$1,313,633 will be used to finance Brisco Rd-Halcyon/Route 101 interchange and the El Camino Real retaining wall
as detailed in the Capital Improvement program within the budget for FY 2009-10.
ATTACHMENT C
CITY OF ARROYO GRANDE
Drainage Facility Fees
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30, 2000-2009
FY 99-00 FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Drainage Fees $ 2,958 $ 5,607 $ 21,397 $ 7,221 $ 4,725 $ 12,619 $ 47 $ - $ 178 $ 312
Interest Income 514 685 890 515 363 734 834 453 846 232
Total Revenues 3,472 6,292 22,287 7,736 5,088 13,353 881 453 1,024 544
Expenditures:
Operating Expenses - - - - - - - - - -
Excess of Revenues Over
Expenditures 3,472 6,292 22,287 7,736 5,088 13,353 881 453 1,024 544
Other Financing Uses:
Capital Projects 4,079 - - - 800 19,300 15,525 10,600 9,913 -
Excess of Revenues Over
(Under)Expenditures and
Other Financing Uses (607) 6,292 22,287 7,736 4,288 (5,947) (14,644) (10,147) (8,889) 544
Fund Balance, Beginning of Year 11,054 10,447 16,739 39,026 46,762 51,050 45,103 30,459 20,312 11,423
Fund Balance,End of Year $ 10,447 $ 16,739 $ 39,026 $ 46,762 $ 51,050 $ 45,103 $ 30,459 $ 20,312 $ 11,423 $ 11,967
Capital Project Detail:
Soto Bleeder Line/Drain $ - $ - $ - $ - $ - $ - $ - $ - $ = - $ -
Don Roberts Field
Bikeway Project Two
Via La Barranca Storm Drain
Drainage Master Plan
Aerial Photography
El Nino Storm Preparation
Drainage Master Plan 4,079 1,163
Newsom Springs Drainage 1,000
Popular Street Drainage Basin]mpry 800 19,300 11,150 8,750
Storm Water Study 4,375 9,600
1 Total Capital Projects $ 4,079 $ - $ - $ - $ 800 $ 19,300 $ 15,525 $ 10,600 $ 9,913 $ -
•The fund balance is to be used to finance the Newsom Springs drainage project and Storm drain erosion
as detailed in the Capital Improvement program within the budget for FY 2009-10.
ATTACHMENT D
CITY OF ARROYO GRANDE
Water Neutralization Fees
Comparative Statement of Revenues,Expenditures
and Changes in Fund Balances
Fiscal Years Ending June 30,2000-2009
FY 99-00 FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Water Neutralization Fee $ 19,688 $142,962 $319,654 $208,921 $109,398 $ 231,430 $ 181,152 $ 206,676 $ 130,454 $ 9,930
interest Income 698 4,710 10,731 13,730 10,333 16,293 27,365 30,300 34,865 16,379
Total Revenues 20,386 147,672 330,385 222,651 119,731 247,723 208,517 236,976 165,319 26,309
Expenditures'
Operating Expenses - - - - 16,638 8,259 79,598
Excess of Revenues Over
Expenditures _ 20,386 147,672 330,385 222,651 103,093 239,464 208,517 236,976 165,319 (53,289)
Other Financing Uses:
Capital Projects 10,000 97,252 228,823 350,005 88,080 64,987 88,794
Excess of Revenues Over
(Under)Expenditures and
Other Financing Uses 20,386 147,672 330,385 212,651 5,841 10,641 (141,488) 148,896 100,332 (142,083)
Fund Balance, Beginning of Year 2,188 22,574 170,246 500,631 713,282 719,123 729,764 588,276 737,172 837,504
Fund Balance, End of Year $ 22,574 $170,246 $500,631 $713,282 $719,123 $ 729,764 $ 588,276 $ 737,172 $ 837,504 $695,421
Capital Project Detail:
Water Conservation Program $ - $ - $ - $ 10,000 $ 97,252 $ 228,823 $ 350,005 $ 88,080 $ 64,987 $ 88,794
Total Capital Projects $ - $ - $ - $ 10,000 $ 97,252 $ 228,823 $ 350,005 $ 88,080 $ 64,987 $ 88,794
$451,699 of this fund balance is to be used to finance the Water Conservation Program as detailed in the Capital Improvement Program within
the budget for FY 2009-10.
ATTACHMENT E
CITY OF ARROYO GRANDE
Summary of Development Fees and Related Expenditures
TRAFFIC SIGNALIZATION FEES
Underspent Fees Percent of
Year Fees (Overspent) Cumulative Cumulative Over(Under) Fees
Collected Collected Expended Fees Fees Expenditures Expenditures Expended
FY 1989 $ 57,713 $ 20,900 $ 36,813 $ 57,713 $ 20,900 $ 36,813 36%
FY 1990 24,254 - 24,254 81,967 20,900 61,067 0%
FY 1991 - 43,883 (43,883) 81,967 64,783 17,184 79%
FY 1992 15,623 - 15,623 97,590 64,783 32,807 66%
FY 1993 20,496 - 20,496 118,086 64,783 53,303 55%
FY 1994 26,829 - 26,829 144,915 64,783 80,132 45%
FY 1995 6,282 - 6,282 151,197 64,783 86,414 43%
FY 1996 7,877 - 7,877 159,074 64,783 94,291 41%
FY 1997 8,903 27,645 (18,742) 167,977 92,428 75,549 55%
FY 1998 24,477 2,010 22,467 192,454 94,438 98,016 49%
FY 1999 226,007 - 226,007 418,461 94,438 324,023 23%
FY 2000 18,523 9,931 8,592 436,984 104,369 332,615 24%
FY 2001 37,577 56,530 (18,953) 474,561 160,899 313,662 34%
FY 2002 110,055 136,889 (26,834) 584,616 297,788 286,828 51%
FY 2003 24,519 - 24,519 609,135 297,788 311,347 49%
FY2004 94,817 - 94,817 703,952 297,788 406,164 42%
FY2005 67,189 13,282 53,907 771,141 311,070 460,071 40%
FY2006 62,842 169,672 (106,830) 833,983 480,742 353,241 58%
FY2007 86,169 313,851 (227,682) 920,152 794,593 125,560 86%
FY2008 97,803 61,795 36,008 1,017,955 856,388 161,568 84%
FY2009 3,602 13,926 (10,324) 1,021,557 870,313 151,244 85%
$ 1,021,557 $ 870,313 $ 151,244
ATTACHMENT E
CITY OF ARROYO GRANDE
Summary of Development Fees and Related Expenditures
TRANSPORTATION FACILITY IMPACT FEES
Underspent Fees Percent of
Year Fees (Overspent) Cumulative Cumulative Over(Under) Fees
Collected Collected Expended Fees Fees Expenditures Expenditures Expended
FY 1994* $ 15,524 $ - $ 15,524 $ 15,524 $ - $ 15,524 0%
FY 1995 15,243 - 15,243 30,767 - 30,767 0%
FY 1996 24,048 - 24,048 54,815 - 54,815 0%
FY 1997 64,993 26,900 38,093 119,808 26,900 92,908 22%
FY 1998 72,840 - 72,840 192,648 26,900 165,748 14%
FY 1999 1,272,982 - 1,272,982 1,465,630 26,900 1,438,730 2%
FY2000 68,444 74,372 (5,928) 1,534,074 101,272 1,432,802 7%
FY2001 93,134 31,457 61,677 1,627,208 132,729 1,494,479 8%
FY 2002 261,625 237,490 24,135 1,888,833 370,219 1,518,614 20%
FY 2003 68,836 62,013 6,823 1,957,669 432,232 1,525,437 22%
FY2004 258,987 39,799 219,188 2,216,656 472,031 1,744,625 21%
FY2005 171,926 44,702 127,224 2,388,582 516,733 1,871,849 22%
FY2006 172,840 93,288 79,552 2,561,422 610,021 1,951,401 24%
FY2007 236,436 103,120 133,317 2,797,858 713,140 2,084,718 25%
FY2008 269,079 49,536 219,543 3,066,937 762,676 2,304,261 25%
FY2009 13,031 199,802 (186,771) 3,079,968 962,478 2,117,490 31%
$ 3,079,968 $ 962,478 $ 2,117,490
*Represents 6 month period from January 1-June 30, 1994
ATTACHMENT E
CITY OF ARROYO GRANDE
Summary of Development Fees and Related Expenditures
DRAINAGE FEES
Underspent Fees Percent of
Year Fees (Overspent) Cumulative Cumulative Over(Under) Fees
Collected Collected Expended Fees Fees Expenditures Expenditures Expended
FY 1989 $ 3,366 $ - $ 3,366 $ 3,366 $ - $ 3,366 0%
FY 1990 2,116 - 2,116 5,482 - 5,482 0%
FY 1991 1,895 - 1,895 7,377 - 7,377 0%
FY 1992 4,985 31,980 (26,995) 12,362 31,980 (19,618) ** 259%
FY 1993 4,572 31,478 (26,906) 16,934 63,458 (46,524) ** 375%
FY 1994 8,406 - 8,406 25,340 63,458 (38,118) ** 250%
FY 1995 1,869 - 1,869 27,209 63,458 (36,249) ** 233%
FY 1996 32,554 - 32,554 59,763 63,458 (3,695) ** 106%
FY 1997 16,209 69,132 (52,923) 75,972 132,590 (56,618) ** 175%
FY 1998 9,744 83,021 (73,277) 85,716 215,611 (129,895) ** 252%
FY 1999 6,647 9,300 (2,653) 92,363 224,911 (132,548) ** 244%
FY 2000 2,958 4,079 (1,121) 95,321 228,990 (133,669) ** 240%
FY 2001 5,607 - 5,607 100,928 228,990 (128,062) ** 227%
FY2002 21,397 - 21,397 122,325 228,990 (106,665) ** 187%
FY 2003 7,221 - 7,221 129,546 228,990 (99,444) ** 177%
FY 2004 4,725 800 3,925 134,271 229,790 (95,,,519) ** 171%
FY2005 12,619 19,300 (6,681) 146,890 249,090 (102,200) ** 170%
FY 2006 47 15,525 (15,478) 146,937 264,615 (117,678) ** 180%
FY 2007 - 10,600 (10,600) 146,937 275,215 (128,278) 187%
FY 2008 178 9,913 (9,735) 147,115 285,128 (138,013) 194%
FY 2009 312 544 (232) 147,427 285,672 (138,245) 194%
$ 147,427 $ 285,672 $ (138,245) **
**This deficit was funded from fund balance accumulated before AB-1600 was enacted,and from interest
earnings that are not subject to AB-1600 provisions.
ATTACHMENT E
CITY OF ARROYO GRANDE
Summary of Development Fees and Related Expenditures
WATER NEUTRALIZATION FEES
Underspent Fees Percent of
Year Fees (Overspent) Cumulative Cumulative Over(Under) Fees
Collected Collected Expended Fees Fees Expenditures Expenditures Expended
FY 1999 $ 2,110 $ - $ 2,110 $ 2,110 $ - $ 2,110 0%
FY 2000 19,688 - 19,688 21,798 - 21,798 0%
FY 2001 142,962 - 142,962 164,760 - 164,760 0%
FY 2002 319,654 - 319,654 484,414 - 484,414 0%
FY 2003 208,921 10,000 198,921 693,335 10,000 683,335 1%
FY 2004 109,398 113,890 (4,492) 802,733 123,890 678,843 15%
FY2005 231,430 237,082 (5,652) 1,034,163 360,972 673,191 35%
FY2006 181,152 350,005 (168,853) 1,215,315 710,977 504,338 59%
FY 2007 206,676 88,080 118,596 1,421,991 799,057 622,934 56%
FY 2008 130,454 64,987 65,467 1,552,445 864,044 688,401 56%
FY 2009 9,930 168,392 (158,462) 1,562,375 1,032,436 529,939 66%
$ 1,562,375 $1,032,436 $ 529,939
ATTACHMENT F
CITY OF ARROYO GRANDE
2009 Impact Fees
Comparative Statement of Revenues,Expenditures
and Changes in Fund Balances
Fire Protection
FY 99-00 FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
impact Fees $ 1,617 $ 52,454 $ 67,936 $ 46,271 $ 44,861 $ 104,568 $ 86,450 $ 73,360 $ 15,741 $ 9,802
Interest Income 1,437 2,767 3,395 2,537 5,276 6,150 13,060 248 12C
Transfers in-operating 100,800
Total Revenues 1,617 53,891 70,703 49,666 47,398 109,844 92,600 187,220 15,989 9,922
Expenditures:
Operating Expenses .. - 8,608 - - - - 409,465
Excess of Revenues Over
Expenditures 1,617 53,891 62,095 49,666 47,398 109,844 92,600 (222,245) 15,989 9,922
Other Financing Uses:
Capital Transfers Out - - - - - 173,271 7,206 14,385 12,572 2,723
Excess of Revenues Over
(Under)Expendiutres and
Other Financing Uses 1,617 53,891 62,095 49,666 47,398 (63,427) 85,395 (236,629) 3,417 7,200
Fund Balance,Beginning of Year - 1,617 55,508 117,603 167,269 214,667 151,240 236,635 6 3,423
Fund Balance,End of Year $ 1,617 $ 55,508 $ 117,603 $ 167,269 $ 214,667 $ 151,240 $ 236,635 $ 6 $ 3,423 $ 10,623
ATTACHMENT F
CITY OF ARROYO GRANDE
2009 Impact Fees
Comparative Statement of Revenues,Expenditures
and Changes in Fund Balances
Police Protection
FY 99-00 FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Impact Fees $ 392 $ 7,032 $ 25,374 $ 6,741 $ 15,464 $ 10,588 $ 11,205 $ 12,980 $ 13,218 $ 515
Interest Income 215 437 629 531 984 1,994 615 1,700 904
Total Revenues 392 7,247 25,811 7,370 15,995 11,572 13,199 13,595 14,918 1,419
Expenditures:
Operating Expenses - - - - - 4,802 - - - -
Excess of Revenues Over
Expenditures 392 7,247 25,811 7,370 15,995 6,770 13,199 13,595 14,918 1,419
Other Financing Uses
Capital Transfers Out - - - - - - 58,073 1,927 - -
Excess of Revenues Over
(Under)Expendiutres and
Other Financing Uses 392 7,247 25,811 7,370 15,995 6,770 (44,873) 11,669 14,918 1,419
Fund Balance,Beginning of Year - 392 7,639 33,450 40,820 56,815 63,585 18,712 30,381 45,299
Fund Balance,End of Year $ 392 $ 7,639 $ 33,450 $ 40,820 $ 56,815 $ 63,585 $ 18,712 $ 30,381 $ 45,299 $ 46,718
ATTACHMENT F
CITY OF ARROYO GRANDE
2009 Impact Fees
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Community Center Fee
FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09
_ Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
impact Fees $ 1,503 $ 2,565 $ 2,883 $ 4,828 $ 8,361 $ 8,882 $ 8,779 $ 774 $ 728
interest income 43 81 130 134 323 830 1,580 1,695 865
Total Revenues 1,546 2,646 3,013 4,962 8,684 9,712 10,359 2,469 1,593
-
Expenditures:
Operating Expenses - - - - - - - - 3,000
Excess of Revenues Over
Expenditures 1,546 2,646 3,013 4,962 8,684 9,712 10,359 2,469 (1,407)
Other Financing Uses:
Capital Transfers Out - - - - - - - - -
Excess of Revenues Over
(Under)Expendiutres and
Other Financing Uses 1,546 2,646 3,013 4,962 8,684 9,712 10,359 2,469 (1,407)
Fund Balance, Beginning of Year - 1,546 4,192 7,205 12,167 20,851 30,563 40,922 43,391
Fund Balance, End of Year $ 1,546 $ 4,192 $ 7,205 $ 12,167 $ 20,851 $ 30,563 $ 40,922 $ 43,391 $ 41,984
Capital Project Detail:
Park Equipment Installation $ - $ - $ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ - $ - $
ATTACHMENT F
CITY OF ARROYO GRANDE
2009 Impact Fees
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Park improvement
FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 08-09
_ Actual Actual Actual Actual Actual Actual Actual Actual Actual
Revenues:
Impact Fees $ 25,993 $ 30,702 $ 31,126 $ 83,378 $ 149,138 $ 154,861 $ 118,152 $ 13,367 $ 12,514
Interest Income 752 1,339 1,610 1,755 4,826 12,922 25,483 24,564 10,920
Total Revenues 26,745 32,041 32,736 85,133 153,964 167,783 143,635 37,931 23,434
Expenditures:
Operating Expenses - - - - - - - - -
Excess of Revenues Over
Expenditures 26,745 32,041 32,736 85,133 153,964 167,783 143,635 37,931 23,434
Other Financing Uses:
Capital Transfers Out - - 8,418 - 1,319 8,263 14,263 101,618 174,427
Excess of Revenues Over
(Under)Expendiutres and
Other Financing Uses 26,745 32,041 24,318 85,133 152,645 159,520 129,372 (63,687) (150,993)
Fund Balance, Beginning of Year - 26,745 58,786 83,104 168,237 320,882 480,402 609,774 546,087
Fund Balance, End of Year $ 26,745 $ 58,786 $ 83,104 $ 168,237 $ 320,882 $ 480,402 $ 609,774 $ 546,087 $ 395,094
Capital Project Detail:
Park Equipment Installation $ - $ - $ 8,418 $ 1,319 $ - $ - $ - $ -
Turf Renovations 3,000 21,792 24,917
Park Improvements 263 3,051 7,591 2,455
Replacement pump&pipe 5,000
Fence Replacement 17,631
Village Green Master Plan 22,709 115,976
Picnic Shelter @ Elm St park 11,212 31,895
Irrigation System Replacement @ Elm St park 3,295
Picnic Table Replacement 4,263
Resurface courts 23,232
Replace fencing @ Porter Field 289
$ - $ - $ 8,418 $ - $ 1,319 $ 8,263 $ 14,263 $ 101,618 $ 174,427