CITY COUNCIL REGULAR MEETING AGENDA PACKET

Page 2 of 7 Attachment 4 provides the Master Fee Schedule for the development impact fees that are subject to AB 1600, SB 1693 and SB 1760. In addition, Government Code 66006 Section (b)(2) requires the report to be included on the agenda at a public meeting not less than 15 days after the information was made available to the interested parties. Staff provided the notice of public meeting to interested parties who had filed a written request with the City. DISCUSSION The City uses fund accounting to segregate development impact fees subject to AB 1600 and SB 1760 from other City funds. Interest income is allocated to each individual fund based on its own cash balance. Funds Subject to AB 1600 The City utilizes the following funds to track development related revenues subject to AB 1600: Public Facilities Fund (Fund 203) – This fund is utilized to account for the Public Facilities fee. Facilities projects and equipment required to service new development are funded from this fee. When a project serves both new and existing development, only the portion related to new development is charged against this fund; the other portions of the project are funded by other sources, such as the General Fund. Fund balance, other revenues, expenditures, and fund transfers for fiscal years 2019/20 through 2023/24 are detailed in Attachment 2. Park Development Fund (Fund 222) – This fund is utilized to account for the receipt of Park Dedication In-Lieu fees collected through December 2019. These fees are used to offset the cost of park acquisition; this fund also receives a portion of Public Facilities fees to be used to offset the cost of community park development. Fund balance, revenues, expenditures, and fund transfers for fiscal years 2019/20 through 2023/24 are detailed in Attachment 2. Traffic Impact Fund (Fund 212) – This fund is utilized to account for the receipt of Traffic Impact fees. When a project serves both new and existing development, only the portion related to new development is charged against this fund; the other portions of the project are funded by other sources, such as gas tax revenues or the General Fund. Fund balance, revenues, expenditures, and fund transfers for fiscal years 2019/20 through 2023/24 are detailed in Attachment 2. Tri-Valley Transportation Fund (Fund 214) – This fund is utilized to account for the receipt of Tri-Valley Transportation fees. The City, as a member of the Tri-Valley Transportation Council (TVTC), collects a fee from developers to finance projects to reduce traffic-related impacts caused by future developments. The City forwards 80% of the receipts to the TVTC to be utilized for regional traffic projects and retains 20% for City-related traffic projects. In addition, the City receives advances/reimbursements for City-related work performed on specific TVTC sponsored projects. The City acts as a project sponsor for some TVTC projects; in this capacity, the City receives pass-thru funds from TVTC and remits them to the appropriate agency in charge of the project. Fund balance, revenues, expenditures, and fund transfers for fiscal years 2019/20 through 2023/24 are detailed in Attachment 2. Downtown Parking-In-Lieu Fund (Fund 104) – This fund is utilized to account for the receipt of Parking-In-Lieu fees for the Downtown Revitalization District (District). When development Page 240 of 893