To: Board of Supervisors
From: John Kopchik, Director, Conservation and Development
Report Title: RECEIVE the Fiscal Year 2023/24 Park Impact and Park Dedication Fee Annual Report.
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
RECEIVE the Fiscal Year 2023/24 Park Impact and Park Dedication Fee Annual Report.
FISCAL IMPACT:
No General Fund impacts.
BACKGROUND:
California Government Code Section 66006 (b) requires an annual report within 180 days after the last day of each fiscal year be made available to the public and reviewed by the Board of Supervisors at a regularly scheduled meeting. The report shall include the following:
(A) A brief description of the type of fee in the account or fund.
(B) The amount of the fee.
(C) The beginning and ending balance of the account or fund.
(D) The amount of the fees collected and the 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 the 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 or fund, including the public improvement on which the transferred or loaned fees will be expended, and, in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan.
(H) The amount of refunds made pursuant to subdivision (e) of Section 66001 and any allocations pursuant to subdivision (f) of Section 66001.
The Annual Report for Fis...
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