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HomeMy WebLinkAbout12/7/2016 - STAFF REPORTS - 1.H. {OtpALM sA9 a Y N f1 R M1C r i C'4400AN,P C/TY COUNCIL STAFF REPORT DATE: December 7, 2016 CONSENT CALENDAR SUBJECT: CITY OF PALM SPRINGS DEVELOPMENT PROJECT FEE REPORT FOR FISCAL YEAR 2015-16 FROM: David H. Ready, City Manager BY: Department of Finance and Treasury SUMMARY The City is required by Government Code Section 66000 to annually prepare a report for the proceeding fiscal year concerning the activity of the City's development project fees. The report must be submitted to the City Council within 180 days of the end of the fiscal year. RECOMMENDATION: Receive and File the City's Development Project Fee Report for Fiscal Year 2015-16. STAFF ANALYSIS: In 1987, Government Code Section 66000 became effective with the passage of Assembly Bill 1600. AB 1600 was enacted to regulate the establishment of any new development fee or fee increase after January 1, 1989. A key provision of the legislation, namely, Section 66006 (b) (1) of the Government Code requires that local agency shall, within 180 days of the close of each fiscal year, make available to the public the following information for each separate account or fund: (a) A brief description of the type of fee in the account. (b) The amount of the fee. (c) The beginning and ending balance of the account. (d) The amount of fees collected and interest earned. ITEM NO. l City Council Staff Report December 7, 2016-- Page 2 Development Project Fee Report for FY 2015-16 (e) An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement, including the total percentage of the cost of the public improvement that was funded with fees. (f) An identification of an approximate date by which construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement, as identified in paragraph (2) of subdivision (a) of Section 66001, and the public improvement remains incomplete. (g) A description of each interfund transfer or loan made from the account, including the public improvement on which the transferred or loaned fees will be expended. In the case of an interfund loan, an identification of that date on which the loan will be repaid, and the rate of interest the account will receive on the loan. In FY 2015-16, the City has five developer project fees subject to the requirements of Government Code Section 66000 -- Drainage Construction, Public Arts, Quimby Act Park, Sewer Connection Fees, and Special Development Fees. Staff has prepared the reports that provide an analysis of each fee. The attached reports have been submitted to the Building Industry Association (BIA) and to the Desert Valleys Builders Association (DVBA) for their review. FISCAL IMPACT: The City must expend or commit developer fees from Drainage Construction Fund, Waste Water Treatment Plant Fund, Quimby Act Park Fund, Public Arts Fund, and Special Development Fund within five years of their receipt and these fees must be accounted for in a separate fund. Geoffr S. ICiehl, 46des Thompson Director of Finance and Treasurer hief of Staff/ City Clerk �David H. Ready City Manager Attachments: Reports by fund 02 City of Palm Springs Government Code 66000 Calculation Drainage Construction Fund-#135 Fiscal Year 2015/16 Beginning Fund Balance 998,332 Revenues: Fees assessed on new construction for the purpose Developer Fees 204,044 of building and maintaining a drainage and flood Investment Income 6,637 control system within the City are deposited in the GASB 31 Mark-to-Market Value of Investments at June 30 1,680 Drainage Construction Fund Expenditures: Capital Projects (4,103) Ending Fund Balance 1,206,590 Less:Committed (815,247) Balance Uncommitted 391,343 Cumulative Investment Cumulative Expenditures and Balance Collections Income Revenues Expenditures Committed Commitments Remaining Revenues collected prior to FY 12 7,820,959 3,123,265 10,944,224 10,630,722 313,502 Revenues collected from FY 12 60,831 10,639 11,015,694 - 71,470 11,015,694 - Revenues collected from FY 13 106,503 (3,718) 11,118,479 - 102,785 11,118,479 - Revenues collected from FY 14 201,603 15,570 11,335,652 - 217,173 11,335,652 - Revenues collected from FY 15 283,828 5,471 11,624,951 - 110,317 11,445,969 Revenues collected from FY 16 204,044 8,317 11,837,312 1 1 - - 11,445,969 391,343 8,677,768 3,159,544 10,630,722 815,247 Commitment for Future Improvements FY 15/16 %Completed %Funded with Fee 5-Year Test Tahquitz Creek 49,832 12.78% 100% has been met North Zone Projects 93,918 0.00% 100% Central Zone Projects 88,105 1.63% 100% East Zone Projects 93,988 0.00% 100% Southeast Zone Projects 1,500 1.91% 100% Storm Drain Line 23 61,321 1.35% 100% Line 41 21,055 96.59% 100% Storm Drain Line 20 11,591 0.00% 100% Storm Drain Line 22 5,482 0.00% 100% Storm Drain Line 9 100,000 0.00% 100% Eagle Canyon Drainage 1,454 0.00% 100% Storm Drain Line 6A 6,956 0.00% 100% South Zone Projects 8,500 0.00% 100% Tahquitz Creek Levee 262,737 0.00% 100% Storm Drain Line 8 8,808 0.00% 100% 815,247 CD W City of Palm Springs Government Code 66000 Calculation Quimby Act Fees Fund-Jt 152 Fiscal Year 2015/16 Beginning Fund Balance 2,385,729 Revenues: Developer Fees 317,355 Quimby Act fees collected on new construction for the Investment Income 14,876 purpose of funding public improvements are deposited in GASB 31 Mark-to-Market Value of Investments at June 30 1,897 the Quimby Act Fees Fund Expenditures: Capital Projects and Maintenance (89,342) Ending Fund Balance 2,630,515 Less:Committed (1,281,547) Balance Uncommitted 1,348,968 Cumulative Investment Cumulative Expenditures and Balance Collections Income Revenues Expenditures Committed Commitments Remaining Revenues collected prior to FY 12 3,569,550 450,503 4,020,053 3,209,997 811,056 Revenues collected from FY 12 222,234 25,039 4,267,326 - 247,273 4,267,326 - Revenues collected from FY 13 293,225 (7,501) 4,553,050 - 223,218 4,490,544 62,506 Revenues collected from FY 14 472,507 30,954 5,056,511 - - 4,490,544 565,967 Revenues collected from FY 15 432,976 15,897 5,505,384 4,490,544 1,014,840 Revenues collected from FY 16 317,355 16,773 5,839,512 - - 4,490,544 1,348,968 5,307,847 531,665 3,208,997 1,291,547 Commitment for Future Improvements FY 15/16 %Completed %Funded with Fee 5-Year Test Lease Payable 306,069 0% 100% has been met Event Center Construction 975,478 0% 100% 1,281,547 O A City of Palm Springs Government Code 66000 Calculation Special Development Fund-#123 Fiscal Year 2015/16 Report Beginning Fund Balance 1,713,958 Revenues: Developer Fees 106,456 Special building fees assessed on tracts in Specific Plan 1 in the Investment Income 10,512 South Palm Canyon Area are deposited in the Special GASB 31 Mark-to-Market Value of Investments at June 30 1,275 Development Fund Expenditures: Capital Projects and Maintenance - Ending Fund Balance 1,832,201 Less:Committed (1,686,436) Balance Uncommitted 145,765 Cumulative Investment Cumulative Expenditures and Collections Income Revenues Expenditures Committed Commitments Balance Remaining Revenues collected prior to FY 12 657,642 99,076 756,718 756,718 756,718 - Revenues collected from FY 12 89,999 6,825 853,542 - 96,824 853,542 - Revenues collected from FY 13 445,917 (2,157) 1,297,302 - 443,760 1,297,302 - Revenues collected from FY 14 195,809 18,778 1,511,889 - 214,587 1,511,889 - Revenues collected from FY 15 190,614 11,455 1,713,958 - 56,304 1,568,193 145,765 1,579,981 133,977 - 1,568,193 Commitment for Future Improvements FY 15/16 %Completed %Funded with Fee 5-Year Test Acanto Housing 90,480 0% 100% has been met El Porto Housing 184,080 0% 100% Monte Serena Drainage 48,458 0% 100% Monte Serena Housing 296,400 0% 100% Fire Station Equipment 71,382 0% 100% Other Drainage 366,560 0% 100% Tract 36723 Housing 9,360 0% 100% Bridges/Roads 619,716 0% 100% 1,686,436 O CJt City of Palm Springs Government Code 66000 Calculation Wastewater Treatment Fund-N 420 Fiscal Year 2015/16 Beginning Fund Balance - Revenues: Sewer Connection Fees 877,347 Sewer Connection Fees are deposited in the Wastewoter Investment Income - Treatment Fund GASB 31 Mark-to-Market Value of Investments at June 30 - Expenditures: Capital Projects and Maintenance Applied to PY Qualified Expenditures (877,347) Ending Fund Balance - Net Qualified j Expenditures in Cumulative Excess of Fees to be Investment Cumulative Expenditures and Recovered from Balance Collections Income Revenues Expenditures Committed Commitments Future Fees Remaining Revenue collected prior to FY 12 20,185,591 20,185,591 24,843,608 4,658,017 Revenues collected from FY 12 445,002 - 20,630,593 - - 24,843,608 4,213,015 - Revenues collected from FY13 589,626 - 21,220,219 - - 24,843,608 3,623,389 - Revenues collected from FY14 673,754 - 21,893,973 - - 24,843,608 2,949,635 - Revenues collected from FY15 1,114,692 - 23,008,665 24,843,608 1,834,943 Revenues collected from FY 16 877,347 - 23,886,012 24,843,608 957,596 23,886,012 - - - 957,596 Improvements FY 15/16 %Completed %Funded with Fee 5-Year Test 0°% 100% has been met 0°% 100% 0% 100% O C! City of Palm Springs Government Code 66000 Calculation Public Arts Fund-#150 Fiscal Year 2015/16 Beginning Fund Balance 239,998 Revenues: Developer Fees 332,968 Development fees paid in lieu of placement of an Other Income 2,560 approved artwork at approved sites and in a manner Investment Income 1,707 consistent with Chapter 3.37 of the Municipal Code GASB 31 Mark-to-Market Value of Investments at June 30 - Expenditures: Operating Ex enses (216,816) Ending Fund Balance 360,417 Expenditures Investment Cumulative and Balance Collections Income Revenues Expenditures Committed Commitments Remaining Revenues collected prior to FY 12 4,964,660 501,037 5,465,697 5,465,697 5,465,697 Revenues collected from FY 12 148,520 3,077 5,617,294 151,597 - 5,617,294 - Revenues collected from FY 13 154,197 2,557 5,774,048 156,754 - 5,774,048 - Revenues collected from FY 14 184,071 1,461 5,959,580 185,532 - 5,959,580 - Revenues collected from FY 15 250,453 1,409 6,211,442 228,680 - 6,188,260 23,182 Revenues collected from FY 16 332,968 4,267 6,548,677 - - 6,188,260 360,417 6,176,653 518,512 6,188,260 - 5-Year Test has been met O �.I Total Year Year Spent Future Past Expenditures Revenue Revenue Amount % %funded Expenditures &Commitments FY 15/16 :ommitmeni Payments &Commitments Spent Applied Applied Complete with Fees 1 3 Door lateral file 556 556 91 89 556 100% 100% 2 Macintosh LC Computer, secretarial desk w left return 2,560 2,560 92 90 2,560 100% 100% 3 Tony Berlanfs"A Personal History of Palm Springs" 100,000 100,000 92 90 65,000 100% 100% 2 murals at the Convention Center 93 90 35,000 4 Walk of Stars-5 golden palm plaques 10,000 10,000 92 90 10,000 100% 100% 5 Joe Fay's"Hallmark Desert Wildlife" (2)dimensional animals 24,086 24,086 93 90 24,086 100% 100% 6 Damian Priour's"Flight"sculpture at Bird Center Dr 50,000 50,000 93 90 50,000 100% 100% 7 Bill Arms' "The Batter" sculpture at Baseball Stadium 3,500 3,500 93 91 3,000 100% 100% 01 98 500 8 Felipe Castaneda's"Standing Woman"at Historical Society 2,898 2,898 94 91 2,898 100% 100% 9 Doug Hyde's "Agua Caliente Women"at median of 149,334 149,334 92 90 6,000 100% 100% Tahquitz Canyon Way& Indian Canyon (2 sculptures) 93 90 57,299 94 91 51,812 95 92 33,354 98 94 869 10 Children Arts Project 34,027 34,027 93 91 13,800 100% 100% 94 91 20,227 11 3 drawer file cabinet(putty color) 553 553 95 92 553 100% 100% 12 Epson stylus color printer 535 535 96 92 535 100% 100% 13 Gateway P5-75 1,543 1,543 96 92 1,543 100% 100% 14 Lucille Ball Bronze at Tahquitz Canyon&Palm Canyon 16,283 16,283 95 92 15,975 100% 100% 97 93 308 15 Circle of Life Sculpture at Desert Hospital 90,757 90,757 96 93 90,520 100% 100% 97 93 237 16 Hollywood Sculpture Walk(3 pieces located at Blimpies) 6,150 6,150 96 92 6,000 100% 100% 01 98 150 17 Crouching Cougar Sculpture at J Behman Gallery 7,251 7,251 97 93 7,251 100% 100% 18 Police Memorial 20,000 20,000 97 93 20,000 100% 100% 19 Desert Highland Mural (ICAP) 32,111 32,111 97 93 8,850 100% 100% 98 94 17,144 99 95 138 03 02 5,979 20 Plaza Mercado Construction Fence Mural(ICAP) 19,200 19,200 98 94 19,200 100% 100% 21 Festival Center at Frances Stevens Park(Waterfeature Park) 284,337 284,337 98 94 1,000 100% 100% 97 93 4,800 99 95 12,653 00 96 84,212 00 97 63,716 01 98 4,529 01 99 48,197 02 00 62,165 , 03 02 3,065 Total Year Year Spent Future Past Expenditures Revenue Revenue Amount % %funded Expenditures&Commitments FY 15116 ommitmenl Payments &Commitments Spent Applied Applied Complete with Fees 22 Daimaru XII sculpture lease 26,000 26,000 96 92 20,000 100% 100% located at Palm Springs Convention Center 06 04 1,500 O8 05 3,000 09 06 1,500 23 Charlie Farrell Sculpture 47,589 47,589 98 94 20,000 100% 100% 99 95 1,725 00 97 25,266 01 99 598 24 Big Horn Sheep Painting 2,000 2,000 98 94 2,000 100% 100% 25 Camel Bench at Visitors Center 2,694 2,694 98 94 2,694 100% 100% 26 Dog Park Fence 34,283 34,283 98 94 2,500 100% 100% 99 95 26,073 02 00 960 03 02 4,750 27 Recycled Art Show 10,000 10,000 98 94 10,000 100% 100% 28 Epson color printer, bookcase and 2 file cabinets 1,189 1,189 98 95 1,189 100% 100% 29 Frame historic photos at City Hall 1,810 1,810 98 95 1,810 100% 100% 30Insurance 1,518 53,278 54,796 98 95 2,635 n/a 100% 99 95 2,625 00 97 2,463 01 99 2,175 02 00 4,497 03 02 7,381 04 03 5,922 05 03 3,981 O6 04 3,518 07 05 4,185 08 05 3,464 09 06 3,029 10 07 1,703 11 08 950 12 09 950 13 10 792 14 11 1,490 15 14 1,518 16 15 1,518 31 Help Is On The Way- Bronze Statue 5,000 5,000 99 95 5,000 100% 100% 32 Demuth Park Sculpture 31,399 31,399 99 95 17,200 100% 100% 00 97 14,157 C 07 05 42 �p 33 Laminated Tops 350 350 99 95 350 100% 100% 34 Art Show Awards&Supplies 6,765 118,448 125,213 99 95 1,709 100% 100% Total Year Year Spent Future Past Expenditures Revenue Revenue Amount % %funded Expenditures &Commitments FY 15/16 :ommitment Payments &Commitments Spent Applied Applied Complete with Fees 00 97 1,492 01 99 1,898 02 00 2,537 03 03 4,603 04 03 2,186 05 03 2,303 06 04 12,250 07 05 6,660 08 05 3,673 10 07 7,557 09 06 10,395 11 08 16,389 12 09 11,669 13 10 8,173 14 11 19,760 14 12 5,194 16 15 6,765 35 Computer&Monitor 1,339 1,339 00 97 1,068 100% 100% 04 03 271 36 Proposed Airport Sculpture 2,500 2,500 00 97 2,500 100% 100% 37 Photos- Historic and Art 990 990 00 97 990 100% 100% 38 Historic Site Maps 15,287 15,287 01 99 2,215 100% 100% 03 02 13,072 39 Computer Software&Memory 2,852 2,852 01 99 659 100% 100% 02 00 369 03 02 208 08 05 1,310 09 06 306 40 City Signage Competition 6,500 6,500 01 99 2,000 100% 100% 02 00 4,500 41 Chihuly Glass Sculpture 245.604 245,604 01 99 58,463 100% 100% 01 00 12,742 02 00 11,713 03 02 155,728 04 03 6,958 42 Joshua Tree Mural 7,140 7,140 02 00 7,140 100D 43 Bono Statue 17,590 17,590 02 00 2,133 03 02 15,080 44 Midnight Blue Artwork 367 367 02 00 367 100% 04 03 377 45 Misc Artwork Maintenance 37,340 411,650 448,990 02 01 1,338 03 03 54,146 Total Year Year Spent Future Past Expenditures Revenue Revenue Amount % %funded Expenditures B Commitments FY 15/16 :ommitment Payments &Commitments Spent Applied Applied Complete with Fees 04 03 34,775 05 03 26,127 06 04 82,382 07 05 31,519 08 05 14,583 09 06 16,818 10 07 22,075 11 08 41,872 12 09 12,893 13 10 19,090 14 12 28,547 15 13 11,296 15 14 14,189 16 15 37,340 46 Interchange Aesthetic Treatment Redesign 24,824 24,824 03 03 11,524 06 04 4,620 08 05 8,680 47 Palm Canyon Theatre 7,604 7,604 03 03 7,604 48 Palm Springs Entry Sign 222,465 222,465 04 03 14,834 05 03 7,444 07 05 42,004 08 05 85,917 08 06 72,266 49 Kennedy Dedication MT/Donovan 10,363 10,363 05 03 8,252 06 06 731 14 12 1,380 50 Chairman of the Links 50,000 50,000 05 03 20,285 05 04 29,715 51 File Cabinets 200 200 06 04 200 52 Stainless Steel Kinetic Sculpture 15,000 15,000 06 04 15,000 53 Impossible Lawn Chair 8,660 8,660 06 04 8,660 54 Ruth Hardy Park-Whirlwind VI 26,601 26,601 06 04 13,000 07 05 13,601 55 Buschlen Mowatt Gallery- Fahri pieces (3) 190,000 190,000 06 04 70,000 located on Kirk Douglas Way 07 05 60,000 08 06 60,000 56 Wave Rhythms 26,600 26,600 07 05 26,600 57 Ithiel, Butch and Squeeze (Agreement 5431) 7,968 7,968 07 05 7,968 58 Missing Man-at Airport 5,000 5,000 07 05 5,000 59 Palm Springs Art Museum Sponsorship 50,000 420,000 470,000 08 06 70,000 r~+ 09 06 37,243 09 07 12,757 Total Year Year Spent Future Past Expenditures Revenue Revenue Amount % %funded Expenditures&Commitments FY 15116 :ommitmeni Payments &Commitments Spent Applied Applied Complete with Fees 10 07 50,000 11 08 50,000 12 09 50,000 13 10 39,516 13 11 10,484 14 12 50,000 15 14 50,000 16 15 50,000 60 Jungle Red -Warm Sands Median 68,916 68,916 08 06 55,291 09 07 13,625 61 Rainmaker Fountain Repairs 134,958 134,958 09 07 80,681 10 07 4,029 11 08 3,853 12 09 19,625 13 11 300 14 12 18,815 15 14 7,655 62 Red Echo 36,311 36,311 09 07 35,311 11 08 1,000 63 Art Purchase and installation 271,301 271,301 10 08 110,128 11 09 107,449 12 09 23,743 13 11 8,379 14 12 21,602 64 Salaries&Administrative Costs 120,943 2,519,012 2,639,955 90 89 572 91 89 16,061 91 90 785 92 90 15,120 92 91 2,227 93 91 38,756 94 91 51,906 95 91 32,621 95 92 40,410 96 92 5,956 96 93 59,090 97 93 75,153 98 93 10,454 98 94 46,427 98 95 10,999 99 95 39,321 Y 99 96 38,994 N 00 97 1,600 Total Year Year Spent Future Past Expenditures Revenue Revenue Amount % %funded Expenditures&Commitments FY 15/16 ;ommitment Payments &Commitments Spent Applied Applied Complete with Fees 00 98 87,420 01 00 99,335 02 01 110,623 03 01 51,233 03 03 73,418 04 03 136,966 05 04 166,019 O6 04 122,806 O6 05 76,850 07 05 191,430 08 06 144.226 09 07 121,546 10 07 16,827 10 08 71,651 11 08 83,217 11 09 11,342 12 09 53,266 12 10 36,879 13 11 101,183 14 12 26,061 14 13 126,740 15 14 113,688 15 15 9,835 16 15 120,943 65 Educational Outreach 250 16,620 16,870 13 11 4,891 14 13 9,700 15 15 2,029 16 15 250 66 Bike Rack 7,500 7,500 14 13 7,500 Total 6,188,259 6,188,259 Fr CJ