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Sewer Connection Fees Subject to SB1760
<br />Sewer Expansion Fund 432
<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 2,905,821$ 3,038,704$ 3,070,940$ 2,946,504$ 2,928,622$
<br />REVENUE
<br />Sewer Connection Fees 43,661 22,584 36,852 77,496 55,951
<br />Interest (includes GASB31 interest adjustment) 89,222 9,652 (154,184) (16,717) 132,895
<br />TOTAL REVENUE 132,883 32,236 (117,332) 60,778 188,846
<br />EXPENDITURES
<br />Overhead Charge for Inspection/Engineering - #99999 2,307 23,247 27,726
<br />Sewer Capacity Evaluation - #16245 4,797 55,413 75,181
<br />TOTAL EXPENDITURES - - 7,104 78,661 102,907
<br />ENDING FUND BALANCE 3,038,704$ 3,070,940$ 2,946,504$ 2,928,622$ 3,014,561$
<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 258 of 893
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