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Water Connection Fees Subject to SB1760 Attachment 3
<br />Water Expansion Fund 422
<br />Fund Balance, Fees Collected, Interest Earned, Transfers and Project Expenditures ‐ Five Year History
<br />2019/20 2020/21 2021/22 2022/23 2023/24
<br />BEGINNING FUND BALANCE 3,981,279$ 4,077,864$ 3,963,132$ 3,806,242$ 3,817,925$
<br />REVENUE
<br />Water Connection Fees 262,800 161,860 65,160 109,200 26,900
<br />Interest (includes GASB31 interest adjustment) 122,584 12,371 (198,431) (23,983) 172,560
<br />TOTAL REVENUE 385,384 174,231 (133,271) 85,217 199,460
<br />TRANSFERS
<br />- -
<br />TOTAL TRANSFERS - -
<br />EXPENDITURES
<br />Bi-Annual Water Quality Improvement Project #17100 259,127 44,215
<br />Del Valle Parkway Water Main Extension - #94115 203,109
<br />Foothill and Sycamore RCD # 20156 25,936
<br />Overhead Charge for Inspection/Engineering - #99999 21,511 12,559 1,471 12,757
<br />Water Capacity Evaluation #18134 8,161 29,080 22,149 34,841 4,195
<br />TOTAL EXPENDITURES 288,799 288,963 23,620 73,534 4,195
<br />ENDING FUND BALANCE 4,077,864$ 3,963,132$ 3,806,242$ 3,817,925$ 4,013,189$
<br />Effective September 21, 1998, the California Senate adopted Bill No. 1760, an amendment of California Government Code Section 66013,
<br />requires disclosing the following information regarding development fees and charges within 180 days after the close of the fiscal year:
<br />Page 257 of 893
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