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HomeMy WebLinkAbout12/15/2004 - STAFF REPORTS (22) DATE: December 15, 2004 TO: City Council FROM: Director of Finance &Treasurer FISCAL YEAR 2003-04 CITY OF PALM SPRINGS DEVELOPMENT PROJECT FEE REPORT RECOMMENDATION Accept for filing the Fiscal Year 2002/03 City of Palm Springs Developer Fee Report prepared in accordance with Government Code Section 66000, as amended in September, 1996. BACKGROUND 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. (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 2003/04, the City has three developer project fees subject to the requirements of Government Code Section 66000 -- Drainage Construction, Public Arts, and Sewer Connection Fee. Staff has prepared the reports that provide an analysis of each fee. s>?G' Page 2 The attached reports were reviewed by the Building Industry Association (BIA), and were found acceptable. No action is required by Council other than accepting the reports for filing. FISCAL IMPACT The City must expend or commit developer fees from Drainage Construction Fund, Sewer Fund, and Public Arts Fund within five years of their receipt and must be accounted for in a separate fund. FINDINGS The City of Palm Springs' Drainage Construction, Public Arts, and Sewer Connection fee programs meet the requirements of Government Code Section 66000 for FY 2003/04. Submitted by: Thomas M. Kanarr l% Director of Finance & Treasurer Approved: David H. Ready --" City Manager Attachments City of Palm Springs 12/7/2004 Government Code 66000 Calculation Wastewater Treatment Fund - # 420 Fiscal Year 2003/04 I The Wastewater Treatment Fund is used to account for revenue received from sewer connection fees. Fee calculation -see attched fee structure. i Beginning Ending Fund FY 03/04 Fund Account Description Balance Transactions Balance Revenues &Other Sources Sewer Connection Fees 1,881,734 Total Sources 1,881,734 Expenditures $Other Uses Bond Debt Service 2,220,000 Total Uses 2,220,000 Total Available 12,712,966 338,267 13,051,233 I I I Five Year Test Using First In First Out Method Expenditures Net Not and Spent or Collections Commitments Committed Revenues collected from FY 90 1,499,505 336,261 1,163,244 Revenues collected from FY 91 448,013 665,989 282,024 Revenues collected from FY 92 1,036,148 652,468 383,690 Revenues collected from FY 93 268,821 637,986 (369,165) Revenues collected from FY 94 163,751 622,457 (458,706) Revenues collected from FY 95 896,218 2,138,856 (1,242,638) Revenues collected from FY 96 _ 494,370 2,112,791 (1,618,421) Revenues collected from FY 97 446,938 2,163,155 (1,716,217) Revenues collected from FY 98 583,414 2,227,765 (1,644,351) Revenues collected from FY 99 606,435 2,155,890 (1,549,455) Revenues collected from FY 00 628,288 2,235,000 (1,606,712) Revenues collected from FY 01 621,709 2,225,000 (1,603,291) Revenues collected from FY 02 585,998 2,215,000 (1,629,002) Revenues collected from FY 03 1,131,034 2,235,000 (1,103,966) Revenues collected from FY 04 1,881,734 2,220,000 (338,267) Total 11,792,376 24,843,608 (13,051,233) Result: Five Year Spent or Clommitted Test Met I I Breakdown of Expenditures % Funded Improvements FY 03/04 With Fee 1989 Bond Debt Service 2,220,000 100.00°/u Total 2,220,000 City of Pam Springs 12/7/2004 Government Code 66000 Calculation Drainage Construction Fund - # 135 isca ear 3 The Drainage Construction Fund is used to account for revenue received from fees assessed on new construction for the purpose of building and maintaining a drainage and flood control system within the City. Fee calculation -see attached fee structure. Beginning Fund FY 03/04 Account Description Balance TransactionsFBWalance Revenues &Other_Sources Developer Fees 1,137,699 Interest Income 51,313 Total Sources 1,189,012 Expenditures &Other Uses Capital Projects 70,188 Other Drainage Expenses Total Uses 70,188 Total Available 3,537,699 1,118,824 4,656,523 Five Year Test Using First In First Out Method Expenditures Net Not Eand Spent or Collections Interest Total Commitments Committed Revenues collected from FY 89 _ 427,167 _ 207,053 _ 634,220 634,220 Revenues collected from FY 90 002,698 290,788 693,486 693,486 Revenues collected from FY 91 316, 447 302,782 619,729 619,729 Revenues collected from FY 92 210,272 212,475 422,747 422,747 Revenues collected from FY 93 61,740 119,546 181,286 181,286 Revenues collected from FY 94 120,144 76,610 196,754 996,754 Revenues collected from FY 95 258,764 59,619 318,383 318,383 Revenues collected from FY 96 230,776 75,395 306,171 306,171 Revenues collected from FY 97 006,632 75,836 182,468 182,468 Revenues collected from FY 98 771,263 90,348 261,611 661,611 Revenues collected from FY 99 150,629 83,783 234,412 334,412 Revenues collected from FY 00 665,496 102,870 468,366 468,366 Revenues collected from FY 01 778,438 168,679 _ 447,117 447,117 Revenues collected from FY 02 337,755 _ 332,196 669,951 119,652 _ 150,299 Revenues collected from FY 03 361,932 110,028 471,960 471,960 Revenues collected from FY 04 1,137,699 51,313 1,189,012 1,189,012 Total 4,838,352 2,159,321 6,997,673 5,186,402I 1,811,271 i I Result: Five Year Spent or Committed Test Met Breakdown of Committments % Funded _ Improvements FY 03/04 % Completed With Fee Vista Chino/Farrell Basin LDSC 8,030 70.00% 100.00% Palm Canyon &Tahquitz Creek 450,681 12.78% 100.00% North Zone Projects 202,784 0.00% 100.00% Central Zone Projects 19,478 0.009/. 100.00% South Zone Projects 88,702 0.009/. 100.00% East Zone Projects 96,485 0.009/. 100.00% _ Southeast Zone Projects 25,572 0.00% 100.00% Storm Drain Line 23 400,000 0.00% 100.00% Line 41 592,314 0.00% 100.00% Storm Drain Line 20 700,000 0.00% 100.00% Storm Drain Line 22 260,169 0.009/. 100.00% Amado/Alvarado 1,038 0.009/. 100.00% Total 2,845,252 I City of Palm Springs 12l7/2004 Government Code 66000 Calculation - Public Arts Fund-#150 Fiscal Year 2003104 Public Arts Fund is used to account for development fees paid in lieu of placement of an approved artwork at approved sites and in a manner consistent with Chapter 3.37 of the _ Municipal Code. The funds are used solely for the acquisition,installation,improvement,maintenance and insurance of artwork to be displayed in the city and the administration of the arts program as defined in the Code. Fee calculation-see attached fee structure. I Beginning Ending Fund FY 03104 Fund Account Description Balance Transactionsl Balance Revenues&Other Sources Public Arts Fee 513,261 Interest Income 9,335 �- Miscellaneous 7,075 Total Sources 529,670 I� - Expenditures&Other Uses Capital Projects&Maintenance 0 erating Expenses 202,292 Total Uses 202,292 Total Available 270,683 1 327,379 598,062 -- Five Year Test -- Using First In First Out Method - Amount Collections Interest Total Expenditures Not Spent_ Revenues collected from FY 89 - 17,010 741 65,850 65,889 Revenues collected from FY 90 249,109 16,741 265,850 265,850 _ Revenues collected from FY 91 183,954 33,293 217,247 217,247 �- Revenues collected from FY 92 89,829 34,497 124,326 124,326 Revenues collected from FY 93 249,083 27,580 276,663 276,663 Revenues collected from FY 94 95,704 26,130 121,834 _ 121,834 Revenues collected from FY 95 93,157 30,270 123,427 123,427 Revenues collected from FY 96 91,941 31,265 123,206 123,206 Revenues collected from FY 97 78,862 34,390 113,252 113,252 _ _ Revenues collected from FY 98 67,501 25,098 92,599 92,599 - Revenues collected from FY 99 96,521 19,684 116,205 116,205 _ Revenues collected from FY 00 189,761 19,183 208,944 208,944 Revenues collected from FY 01 142,924 _ 19,784 _ 162,708 162,708 Revenues collected from FY 02 247,707 12,321 260,028 260,028 Revenues collected from FY 03 359,655 7,558 367,213 298,821 Revenues collected from FY 04 _ 520,336 9,335 529,670 Total 2,773,054 447,308 3,120,361 1 2,522,299 598,062 Result: Five Year Spent or Committed Test Met - L Total Year Year - I TFY03/04Commitments Past Expenditures Revenue Revenue Amount % %funded Expenditures&Commitments Payments Commitment Spent Applied Applied Complete withFees 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 Berlant's"A Personal History of Palm Sprin s" 100,000 000,000 92 90 65000 100% 100% I 2 murals at the Convention Center 93 90 35,0004 Walk of Siars-5 golden palm plaques 10,000 10,000 92 90 10,000 100% 100% 5 Joe Fa '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 5Q000 93 90 50,000 100% 100%-1-- 7 Bill Arms"'The Batter"sculpture at Baseball Stadium - 3,500 3,500 93 91 3,000 100% 100% 1 _ 01 98 500 8 Felipe Castaneda's"Standing Woman"at Historical Society - - 2,898 2,898 94 91 2,898 100% 100 9 Dou H tle's "Aqua Caliente Women"at median of - - 149,334 14%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 j 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 utty color 553 553 95 92 553 100% 100% 12 Epson stylus color printer 535 535 96 92 535 1009% 100%. 13 Gateway P5-75 1,543 1,543 96 92 1,543 t00% t00% _ 14 Lucille Ball Bronze at Ti ahquitz 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 1009/. 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 F 95 138 _ _ 02 5,979 _ _ 20 Plaza Mercardo Construction Fence Mural ICAP 19,200 19,200 94 19,200 100% 100 21 Festival Center at Frances Stevens Park(Waterreature Park _ - _ 284,337 284,337 94 1,000 100% 100% _ 93 4,800 95 12,653 96 84,212 97 63,716 _ 01 98 4,529 01 99 48197 02 00 62,165 03 02 3,065 22 Daimaru XII sculpture lease _ 20,000 20,000 96 92 20, 000 100% 100% 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 Visitor's 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% 28Eson color rinter,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% _ 30 Insurance 5,922 21,776 27,698 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 _ 31 Help Is On The Way-Bronze Statue 5,000 5,000 99 95 5,000 100% 100% 32 Demuth Park Sculpture 31,357 31,357 99 95 17,200 100% _ 100%--- 00 97 14,157 _ 33 Laminated Tops 350 350 99 95 350 100% 100% 34 Art Show Awards&Supplies 2,186 12,239 14,425 99 95 1,709 100% 100% 00 97 1,492 01 99 1,898 02 00 2,537 03 03 4,603 04 03 2,186 _ 35 Computer&Monitor 271 1,068 1,339 00 97 1,068 100% 100% _ 04 03 271 _ 36 Pro osed 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 Ma s - 15,287 15,287 01 99 2,215 100% 100% _ 03 02 13,072 _ 39 Computer Software&Memo - 1,236 1,236 01 99 659 100% 100% _ 02 00 369 03 02 208 40 6,500 6,500 01 99 2,000 100% 100% 02 00 4,500 41 Chihuly Glass Sculpture 6,958 238,646 245,604 01 99 58,463 100% 100%01 00 12,742 -- 02 00 11,713 _ 03 02 155,728 _ 04 03 42 Joshua Tree Mural 7,140 7,140 02 00 7,140 100% _ 43 Bono Statue 377 17,213 17,590 _ 02 00 2,133 _ 03 02 15,080 _ 44 Midni ht Blue Artwork 367 367 02 00 367 100% _ 04 03 377 _ 45 Misc Artwork Maintenance 34,775 55,484 _ 90,259 02 01 1,338 _ 03 03 54,146 47 _ 4 chanyon Theatre Aesthetic Treatment Redesign - 11,524 11,524 03 03 11,524 _ Pal Palm Can - 7,604 7,604 03 03 7,604 _ 04 03 34,775 48 Palm Springs Entry Sign 14,834 - 14,834 _ 04 03 14,834 49 Salaries&Administrative Costs 136,967_ 908,481 1,045,448 90 89 _ 572 n/a 100% 91 89 16,061 91 _ 90 _ 785 _ 92 90 15,120 _ 92 91 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 99 96 38,994 _ 00 97 1,600 00 98 87,420 01 00 99,335 02 _ 01 _ 11 0:,623 03 01 51,233 _ 03 03 73,418 04 03 1361967 Total 202,292 - 2,320,008 2,522,299 ` cJ7 �� 2,522,299 �.