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HomeMy WebLinkAbout20-Finance e e e CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION From: Barbara Pachon, Finance Director Subject: Authorize the Director of Finance to amend the FY 2007-2008 budget to add both revenue and expenditure budgets for the nine (9) Development Impact Fee. Funds (DIFF) as indicated in the staff report. Dept: Finance Date: 08/06/07 Synopsis of Previous Council Action: March 20,2006 Public hearing opened to consider an ordinance establishing and modifying certain development impact fees and a resolution setting certain development impact fees. April 3, 2006 Public hearing closed and Resolution 2006-97 and Ordinance MC-1222 adopted. Recommended motions: Authorize the Director of Finance to amend the FY 2007-2008 budget to add both revenue and expenditure budgets for the nine (9) Development Impact Fee Funds (DIFF) as indicated in the staff report. (lJl1tj~/A y/~ Signat~e Contact person: Barbara Pachon, Director of Finance Phone: 5242 Supporting data attached: Staff Report, Attachments FUNDING REQUIREMENTS: Amount: Ward: All Source: Finance: Council Notes: Agenda Item No. (filiL- d-.O . \ . . . CITY OF SAN BERNARDINO -REOUEST FOR COUNCIL ACTION STAFF REPORT SUBJECT Authorize the Director of Finance to amend the FY 2007-2008 budget to add both revenue and expenditure budgets for the nine (9) Development Impact Fee Funds (DIFF) as indicated in the staff report. BACKGROUND On April 3, 2006 the Mayor and Council adopted Resolution 2006-97 and Ordinance MC-1222 which established and modified certain development impact fee funds and set certain development impact fees. The development impact fee funds that were established are as follows: 261 Law Enforcement Development 262 Fire Protection Development 263 Local Circulation System 264 Regional Circulation System 265 Library Facilities and Collection 266 Public Meetings Facilities 267 Aquatics Center Facilities 268 AB 1600 Parkland and Open Space Acquisition 269 Quimby Act Parkland and Open Space Acquisition Development Services began collecting the revised and new DIFF revenues in June 2006. Now that these fees have been collected for a year there is a short history of revenue collections that has been used to help estimate revenue collections for FY 2007-2008. Expenditure budgets for each fund have been proposed using allowable projects/expenditures that have been identified and are anticipated to be done by staff in FY 2007-2008. For those funds that do not have projects identified as of yet or need to have revenues accumulate before a project can begin, there is no expenditure budget being requested for FY 2007-2008. The revenues collected in these funds will remain sitting in the fund balance until such time the Mayor and Council approve the funds to be appropriated for an approved project brought forward by staff. Attachment I to this staff report provides schedules of the revenues and expenditures budgets being requested for each fund. It should be noted that revenues collected in FY 2006-07 are below what was originally estimated when the FY 2006-07 D1FF budget was approved. Since D1FF revenues collected are tied to development activity being done in the City, the revenues collected will vary each year depending on the type and volume of development anticipated during the fiscal year. Some key expenditures that have been included in the Attachment I schedules are: 261 Law Enforcement Development Fund - $97,000 for parking lot expansion costs, $10,000 for EVDO wireless modem cars for additional police units, $44,000 fc:.J?^ tasers and digital voice recorders. If .;,pa.~ ~~ l'ftit.Y \ . . . 263 Local Circulation System Fee - $243,800 carryover funds for two traffic signal projects approved in FY 06-07 and $506,500 of new funds for four traffic signal projects. 264 Regional Circulation System Fee - $240,800 of carryover and new funds for the Palm Ave and 1-215 ramps project. 265 Library Facilities and Collect Fee - $95,000 for additional books for the Library. 268 AB 1600 Parkland and Open Space and Park Improvement Fee - $430,000 carryover funds for five park projects approved in FY 06-07 and $458,000 of new funds for three park projects. 269 Quimby Act Parkland and Open Space and Park Improvement Fee - $50,000 of new funds for the Verdemont Regional Park. FINANCIAL IMPACT No impact to the General Fund. All expenditures being budgeted are anticipated to be paid for from the various DIFF revenues to be collected per the Attachment I schedules attached to this staff report. RECOMMENDATION Authorize the Director of Finance to amend the FY 2007-2008 budget to add both revenue and expenditure budgets for the nine (9) Development Impact Fee Funds (DIFF) as indicated in the staff report. e e e Attachment I CITY OF SAN BERNARDINO Law Enforcement Facilities, Vehicles and Equipment Fee FUND 261 This fund accounts for the Law Enforcement Facilities, Vehicles and Equipment impact fee imposed on new residential, commercial and industrial development to fund the cost of facilities, vehicles and equipment described or identified in the Law Enforcement Facilities Section the Master Facility Plan, 2004-05 ACTUAL 2005-06 ACTUAL 2006-07 ESTIMATE 2007.08 PROPOSED REVENUE DETAIL 261-000- 4505 Interest on Idle Cash 4824 Impact Fee 957 73,704 4,000 205,400 5.000 124,200 TOTAL REVENUE 74,661 209,400 129,200 EXPENDITURE DETAIL 261-481 - Carryover Purchase Orders Total 5111 Materials and Supplies 5502 Other Professional Services 5703 Communications Equipment 5704 Miscellaneous Equipment 39,000 4,500 54,100 97,000 42,500 10,000 106,800 44,000 207,900 190,000 TOTAL EXPENDITURES OTHER FINANCING SOURCES (USES) 6450 Transfers In 7451 Transfers Out TOTAL OTHER FINANCING SOURCES (USES) AVAILABLE BEGINNING FUND BALANCE (DEFICIT) 74,661 76,161 AVAILABLE ENDING FUND BALANCE (DEFICIT) 74,661 76,161 15,361 e e e CITY OF SAN BERNARDINO BUDGET - JUSTIFICATION FY 2007-48 FUND 261: LAW ENFORCEMENT FACILITIES, VEHICLES, AND EQUIPMENT FEE Expenditures 261-481-5XXX Continuing Purchase Orders: 207470 Fisher Scientific - Gas Masks 207480 Adamson - Leather Gear 207274 Sun Badge Co - Depl. Badges Subtotal for 261-481-5111 301031 Unitrol Systems - Lightbars, etc. Subtotal for 261-481-5704 TOTAL Proposed New Expenditures: Other Professional Services: 261-481-5502 Tenant improvements for parking lot expansion: 288 Linear feet of wrought iron fencing, $8,000; privacy slats for 150 linear feet of existing chain link fencing, $3,000; (4) additional double head light poles, $16,000; saw cut aspha~.for fencenighting poles and 8' of existing block wall to create entrances/exits, $6,500; trenchflnstall power source for new light poles/cameras, $10,000; install (2) irrigation ditches under driveway, $8,000; cleanningire- slurry seal existing ashpalt pavement, $5,000; expansion of camera surveillance system, $40,000; Total $97,000. Total Other Professional Services Communication Equipment: 261-481-5703 (20) EVDO wireless modem cards for additional police units. $10,000. Total Communication Equipment Miscellaneous Equipment: 261-481-5704 (30) Preoiorce tasers, holsters and accessories, $27,000; (30) Puma digital voice recorders, $16,500; Total $44,000. Total Miscellaneous Equipment GRAND TOTAL EXPENDITURES $ $ $ $ $ $ $ $ $ $ 2,500 2,600 3,100 8,200 30,800 39,000 97,000 97,000 10,000 10,000 44,000 44,000 190,000 e e CITY OF SAN BERNARDINO local Circulation System Fee FUND 263 ThiS fund accounts for the local circulation systems fee imposed on new residential, commercial and industrial development to fund the cost of streets. signals and bridges described or identified in the Circulation System section of the Master Facility Plan. 2004-05 2005-06 2006-07 2oo7.Q8 ACTUAL ACTUAL ESTIMATE PROPOSED REVENUE DETAIL 263-000- 4505 Interest on Idle Cash 806 5.000 10.000 4824 Impact Fee 62.168 344.868 385.000 TOTAL REVENUE 62.974 349.868 375.000 EXPENDITURE DETAIL 263-483 - 5504 Projects 750.300 TOTAL EXPENDITURES 750.300 OTHER FINANCING SOURCES (USES) 6450 Transfers In 7451 Transfers Out TOTAL OTHER FINANCING SOURCES (USES) e AVAILABLE BEGINNING FUND BALANCE (DEFICIT) 62.974 412.842 AVAILABLE ENDING FUND BALANCE (DEFICIT) 62.974 412.842 37.542 e e e e CITY OF SAN BERNARDINO BUDGET. JUSTIFICATION FY 2007-48 FUND 263: LOCAL CIRCULATION SYSTEM FEE Expenditures 263-483-5504 Continuing Projects 7486 Little Mountain and 48th Street Traffic Signal (TC04-31) 7487 Little Mountain and Northpark Blvd Traffic Signal (TC04-41) Proposed New Projects 7653 Rialto Ave & Meridian Ave Traffic Signal (TC04-35) 7661 Palm Ave & Irvington Ave Traffic Signal TC06-06) 7716 Medical Ctr Dr & Magnoloa Traffic Signal (TC07-01) Redlands Blvd & Gardena St Traffic Signal (TC08-04) Total $ 118,600 125,200 243.800 140,000 171,500 165,000 30,000 506,500 $ 750,300 ,- e CITY OF SAN BERNARDINO Regional Circulation System Fee FUND 264 This fund accounts for the regional circulation systems fee imposed on new residential, commercial and industrial development to fund the cost of freeway interchanges, railroad grade separations and regional arterial highways described or identified in the Circulation System section of the Master Facility Plan. 2~5 2005-06 2006-07 2007-08 ACTUAL ACTUAL ESTIMATE PROPOSED REVENUE DETAIL 264-000- 4505 Interest on Idle Cash 7,625 40,000 100,000 4824 Impact Fee 587,535 2,141,809 2,126,100 TOTAL REVENUE 595,160 2,181,809 2,226,100 EXPENDITURE DETAIL 264-484 - 5504 Projects 240,800 TOTAL EXPENDITURES 240,800 OTHER FINANCING SOURCES (USES) 6450 Transfers In 7451 Transfers Out rOT AL OTHER FINANCING SOURCES (USES) e AVAILABLE BEGINNING FUND BALANCE (DEFICIT) 595,160 2,776,969 AVAILABLE ENDING FUND BALANCE (DEFICIT) 595,160 2,776,969 4,762,269 e e e e CITY OF SAN BERNARDINO BUDGET - JUSTIFICATION FY 2007~8 FUND 264: REGIONAL CIRCULATION SYSTEM FEE Expenditures 264-484-5504 Continuing Projects 7655 Palm Ave and 1-215 ramps (TC04-05) $ 88,300 88,300 Proposed New Projects 7655 Palm Ave and 1-215 ramps (TC04-05) 152,500 Total 152,500 240,800 $ e CITY OF SAN BERNARDINO Library Facllllles and Colleclion Fee FUND 2&5 This fund accounts for the Library Facility and Collection impact fee imposed on new residential development to finance additions to the library collection described.or identified in the Library Facility and Colledion section of the Master Facility Plan. 2004-05 2005-06 2006-07 2007.08 ACTUAL ACTUAL ESTIMATE PROPOSED REVENUE DETAIL 265-000- 4505 Interest on Idle Cash 49 500 1,000 4824 Impact Fee 3,738 40,000 50,000 TOTAL REVENUE 3,787 40,500 51,000 EXPENDITURE DETAIL 265-485- 5123 Library Books 95,000 TOTAL EXPENDITURES 95,000 OTHER FINANCING SOURCES (USES) 6450 Transfers In 7451 Transfers Out TOTAL OTHER FINANCING SOURCES (USES) AVAILABLE BEGINNING FUND BALANCE (DEFICIT) 3,787 44,287 e AVAILABLE ENDING FUND BALANCE (DEFICIT) 3,787 44,287 287 e e e e CITY OF SAN BERNARDINO BUDGET - JUSTIFICATION FY 2007-08 FUND 265: LIBRARY FACILITIES AND COLLECTION FEE Expenditures Library Books: 265-485-5123 Continuing Projects Library Books $ 44,000 44,000 Proposed New Projects Total Library Books 51,000 51,000 $ 95,000 e CITY OF SAN BERNARDINO Public Meeting Facilities Fee FUND 286 This fund accounts for the Public Meeting I;acilities impad fee imposed on new residential development to finance additions to the pUblic meeting facilities described or identified in the Community Public Use Facilities section of the Master Facility Plan. 2004-05 2005-06 2006-07 2007-08 ACTUAL ACTUAL ESTIMATE PROPOSED REVENUE DETAIL 266-000- 4505 Interest on Idle Cash 61 600 3.000 4824 Impact Fee 4,690 50,484 75.209 TOTAL REVENUE 4,751 51,084 78.200 EXPENDITURE Del AIL 266-486 - 5504 Projects TOTAL EXPENDITURES OTHER FINANCING SOURCES (USES) 6450 Transfers In 7451 Transfers Out TOTAL .OTHER FINANCING SOURCES (USES) e AVAILABLE BEGINNING FUND BALANCE (DEFICIT) 4,751 55,835 AVAILABLE ENDING FUND BALANCE (DEFICIT) 4,751 55,835 134.035 e e CITY OF SAN BERNARDINO Aquatics Facilities Fee FUND 217 This fund accounts for the Aquatics Facilities impact fee imposed on new residential development to finance additions to community's aquatic facilities described or identified in the Aquatic Center Facilities section of the Master Facility Plan. 2004-05 2005-06 2006-07 2007-08 ACTUAL ACTUAL ESTIMATE PROPOSEO REVENUE OETAll267-000- 4505 Interest on Idle Cash 25 250 500 4824 Impact Fee 1,911 19,569 25,500 TOTAL REVENUE 1,936 19,819 28,000 EXPENOITURE DETAil 267-487 - 5504 Projects TOTAL EXPENDITURES OTHER FINANCING SOURCES (USES) 6450 Transfers In 7451 Transfers Out TOTAL OTHER FINANCING SOURCES (USES) AVAILABLE BEGINNING FUNO BALANCE (OEFICIT) 1,936 21,755 e AVAILABLE ENDING FUNO BALANCE (DEFICIT) 1,936 21,755 47,755 e e CITY OF SAN BERNARDINO AB 1600 Parkland and Open Space Acquisition and Park Improvement Fee FUND 2&8 This fund accounts for the I'iJ 1600 Parldand and Open Space Acquisition and Part< Improvement impact fee imposed on new nssidential developement to finance the part< and open space facilities described or Identified in the Part<land and Open Space Improvement section of the Master Facility Plan. 2004-05 2005-{)6 2006-07 2007-08 ACTUAL ACTUAL ESTIMATE PROPOSED REVENUE DETAIL 268-000- 4505 Intensst on Idle Cash 304 3,500 5,000 4824 Impact Fee 23.408 381.692 592,400 TOTAL REVENUE 23.712 385,192 597.400 EXPENDITURE DETAIL 268-488 - 5504 Projects 10,690 888,000 TOTAL EXPENDITURES 10.690 888,000 OTHER FINANCING SOURCES (USES) 6450 Transfers In 7451 Transfers Out TOTAL OTHER FINANCING SOURCES (USES) e AVAILABLE BEGINNING FUND BALANCE (DEFICIT) 23.712 398.214 AVAILABLE ENDING FUND BALANCE (DEFICIT) 23,712 398,214 107,614 e e e e CITY OF SAN BERNARDINO BUDGET. JUSTIFICATION FY 2007~8 FUND 268: AB2928 PARKLAND AND OPEN SPACE IMPROVEMENT FEE Expenditures Projects: 268-488-5504 Continuing Projects 7341 Verdemont Master ParklTrail Plan (Design) (PR04-11) $ 10.000 25.000 200,000 70,000 125,000 430,000 7743 Select & Design Community Center - Verdemont (PR04-28) 7742 Recreation, Trail & Open Space Master Plan (PR07-01) 7744 Little Mountain Trail (PR07-13) 7499 Electric Ave Greenbelt/Historical Site (PR05-07) Proposed New Projects 7341 Verdemont Master ParklTrail Plan (Design) (PR04-11) 90,000 7743 Select & Design Community Center - Verdemont (PR04-28) 138,000 Install Picnic Shelters @ Minor & Reagan Par1<s (PR08-02) 230,000 Total 458.000 888.000 e CITY OF SAN BERNARDINO Quimby Act Parkland and Open Space Acquisition and Park Improvement Fee FUND 281 This fund accounts for the Quimby Act Parkland and Open Space Acquisition and Park Improvement impad fee imposed on new residential developement to finance the park and open space facilities described or identified in the Parkland and Open Space Improvement section of the Master Facility Plan. 2004-05 2005-06 2006-07 2007-08 ACTUAL ACTUAL ESTIMATE PROPOSED REVENUE DETAIL 269-000- 4505 Interest on Idle Cash 152 600 1,000 4624 Impact Fee 11,704 52.668 45,000 TOTAL REVENUE 11,856 53,268 46,000 EXPENDITURE DETAIL 269-489- 5504 Projects 50,000 TOTAL EXPENDITURES 50,000 OTHER FINANCING SOURCES (USES) 6450 Transfers In 74~1 Transfers Out TOTAL OTHER FINANCING SOURCES (USES) e AVAILABLE BEGINNING FUND BALANCE (DEFICIT) 11,856 65,124 AVAILABLE ENDING FUND BALANCE (DEFICIT) 11,856 65,124 61,124 e e e e CITY OF SAN BERNARDINO BUDGET. JUSTIFICATION FY 2007-08 Expenditures FUND 269: QUIMBY ACT PARKLAND AND OPEN SPACE ACQUISTION AND PARK IMPROVEMENT FEE 269-489-5504 Proposed New Projects Tolal Verdemonl Regional Park (PR04-27) $ 50,000 50,000 $ 50,000