REPORT TO THE CITY COUNCIL
December 10, 2020
FROM: SCOTT L. MOZIER, P.E., Director
Public Works Department
BY: ANDREW J. BENELLI, P.E., City Engineer/Assistant Director
Public Works Department, Traffic Operations & Planning Division
SUBJECT
Title
Annual Review and Acceptance of the FY 2020 Impact Fee Annual Report As Required By California Government Code
Body
RECOMMENDATIONS
Staff recommends that the City Council review and accept the FY 2020 Impact Fee Annual Report (the "Annual Audited Financial Report") as required by California Government Code.
EXECUTIVE SUMMARY
In 1974, the City began financing certain public facilities and infrastructure by establishing impact fees commonly referred to as Urban Growth Management (UGM) fees. The stated objective of the process is to facilitate urban development in such a way that the expansion of urban service delivery systems can be accomplished in a fiscally sound manner, while still providing required City services on an equitable basis to all community residents. The accompanying Annual Audited Financial Report is a complete accounting of the UGM and citywide impact fees for the fiscal year ended June 30, 2020, in accordance with Section 66006(b) of the California Government Code. The Annual Audited Financial Report was independently audited by the accountancy firm of Dritsas Groom McCormick LLP.
BACKGROUND
The Annual Audited Financial Report was prepared pursuant to the reporting requirements of Section 66006(b) of the California Government Code, which requires that local agencies account for impact fees and report the beginning balances, fees collected, interest income, transfers, reimbursements, expenditures and the ending balances for each fiscal year. The legislation also requires that the report include information on the status of the project(s) to be constructed with the impact fees. The Annual Audited Financial Report materially includes this information from July 1, 2019, through...
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