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Meeting Date:
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12/18/2023 - 7:00 PM
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Category:
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Business/Action Items
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Type:
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Action
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Subject:
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19.1 Resolution 23/24-18, Developer Impact Fees Report for 2022-2023
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure
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File Attachment:
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Summary:
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Pursuant to Government Code §66006, local agencies that collect developer impact fees must annually report the income and expenses of the fund as well as the beginning and ending balances. The fee for residential construction from July 1, 2022 to June 30, 2023 was $1.60 per square foot and the fee for commercial construction was $0.26 per square foot.
The 2022-2023 report on developer impact fees on the following page shows that a total of $1,564,906.40 was collected in developer impact fees. This compares to $$1,226,816.60 collected during the prior year.
During 2022-2023, a total of $150,963.00 was expended. $150,963.00 was for debt service related to the construction of the Alta Vista campus.
This report has been made available to the public according to Government Code Section 66006 and has been mailed to parties who have requested such notification.
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Funding:
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Recommendation:
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Adopt Resolution 23/24-18, Developer Impact Fees Report for 2022-2023.
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Approvals:
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Recommended By:
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Signed By:
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Irene Aguilar - Administrative Assistant
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Signed By:
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Mike Mathiesen - Associate Superintendent
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Signed By:
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Nellie Meyer - Superintendent
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Vote Results:
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| Original Motion | | Member Catherine Vonnegut Moved, Member Sanjay Dave seconded to approve the Original motion 'Adopt Resolution 23/24-18, Developer Impact Fees Report for 2022-2023.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Phil Faillace | Yes | | Sanjay Dave | Yes | | Catherine Vonnegut | Yes | | Thida Cornes | Yes | | Esmeralda Ortiz | Yes | |
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