Title
Adopt a Resolution to Accept the Annual Report on Receipt and Use of Development Impact Fees and Approving Findings Regarding Unspent Impact Fees for the Year Ended June 30, 2025
Staffreport
SUMMARY
Annual Development Impact Fee reports for the fiscal year ending June 30, 2025, required as part of AB 1600.
RECOMMENDATIONS
Staff recommend City Council approve a resolution accepting the Annual Report on Receipt and Use of Development Impact Fees and approve findings regarding unspent Development Impact Fees for the Year Ended June 30, 2025.
BACKGROUND
The legal requirements for enacting development impact fees are set forth in Government Code Sections 66000-66025 (Mitigation Fee Act) and are commonly referred to as AB 1600 and SB 1693 requirements. These fees are generally intended to mitigate cost impacts that development projects have on existing City infrastructure and facilities.
Requirements under Government Code Section 66006 are:
1. A brief description of the fee program.
2. The amount of the fee.
3. Beginning and ending balances of the fee program.
4. Amount of fees collected, interest earned, and transfers/loans.
5. An identification of each public improvement, the expenditures on each project, and the total percentage of the cost of the public improvement funded with development impact fees.
6. A description of each interfund transfer or loan, including the date the loan will be repaid, the rate of interest, and a description of the public improvement.
7. The estimated date when projects will begin if enough revenues are available to construct the project.
8. The number of refunds made to property owners.
The Annual Report must be reviewed by the City Council at a regularly scheduled public meeting. Notice of the time and place of the meeting must be mailed at least 15 days prior to the meeting to any interested party having filed a written request with the City.
One of the provisions in the State law regulating development fees is to ...
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