HomeMy WebLinkAbout2008/2009 Planned Local Drainage Facility Fund Annual CompliCouncil/Agency Meeting Held:_ 1 1p
Deferred/Continued to:
)�LAppr ved ❑ Conditionally Approved ❑ Denied
Cit Cleoes Sign re
Council Meeting Date: April 5, 2010
Department ID Number: PW 10-020
CITY OF HUNTINGTON BEACH
REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Fred A. Wilson, City Administrator
PREPARED BY: Travis K. Hopkins, PE, Director of Public Works
SUBJECT: Approve Developer Fee Funds Annual Compliance Reports
Statement of Issue: In accordance with the Huntington Beach Municipal Code and the
California Government Code, the City Council must receive annual compliance reports on
facilities improvement fees collected for development projects. The three funds with this
requirement included Planned Local Drainage Facilities, Sanitary Sewer Facilities, and Fair
Share Traffic Impact Mitigation Fee.
Funding Source: No funding is required for the recommended action
Recommended Action: Motion to:
A) Approve the Planned Local Drainage Facility Fund Annual Compliance Report for Fiscal
Year 2008/09
B) Approve the Sanitary Sewer Facilities Fund Annual Compliance Report for Fiscal Year
2008/09
C) Approve the Fair Share Traffic Impact Mitigation Fee Annual Compliance Report for
Fiscal Year 2008/09
Alternative Action(s):
Recommend revisions to any of the reports.
Item ie
REQUEST FOR COUNCIL ACTION
MEETING DATE: 4/5/2010 DEPARTMENT ID NUMBER: PW 10-020
Analysis: The three funds included in this report are comprised of fees paid by developers.
Use of the funds is restricted to making system improvements as outlined in the respective
master plans. Information contained in the reports conforms to the requirements of the
Huntington Beach Municipal Code regarding revenues and expenditures in each fund.
Public Works Commission Action: The Public Works Commission reviewed each report
on March 17, 2010 and recommended approval by a vote of 7-0. The Commission
expressed concern that the loans from the Drainage and Sanitary Sewer Funds to the
Redevelopment Agency were over 20 years old and did not have a repayment schedule.
Environmental Status: No applicable
Strategic Plan Goal: Maintain, Improve and Obtain Funding for Public Improvements
Attachment(s):
ATTACHMENT
it
Planned Local Drainage Facilities Fund Annual Compliance Report
Fiscal Year 2008109
In accordance with Section 14.48 of the Huntington Beach Municipal Code (HBMC), the
Public Works Department is required to prepare an annual report of the status of the
Planned Local Drainage Facility Fund (Drainage Fund) for the City Council. The
process provides an opportunity for the Public Works Commission to review planned
projects, revenues and expenditures under the program.
The Planned Local Drainage Facilities Fund (Drainage Fund) is a development fee that
is restricted to use for drainage system enhancements. Section 14.48.050 (d) requires
the City Council to review the status of compliance with this Chapter, including the
revenues collected and the funds expended. The following information conforms to the
requirements of the HBMC regarding revenues and expenditures of the Drainage Fund.
Although the reporting requirement became effective with the adoption of the revised
ordinance in September 2006, the Drainage Fund has existed since 1975. The
following information covers Fiscal Year 2008/09.
Fiscal Status
As the result of project costs overruns for the Shields Pump Station in Fiscal Year
2001/02, the Drainage Fund maintains a negative balance of ($542,322). The Drainage
Fund advanced $250,000 to the Redevelopment Agency for improvements in the early
1990s. With interest accrual of $546,000, the debt amount is currently $796,000.
Revenues
Revenue for FY 2008/09 from development was $140,148. Interest to the fund was
debited for a reduction of ($15,019).
Expenditures
Salary charges of $213 were inadvertently charged. No expenditures are planned for
the Drainage Fund in the foreseeable future.
Conformance with Program Goals and Objectives
The Drainage Fund is intended to implement the goals and objectives of the current
Drainage Master Plan. Funds collected and deposited to the fund may be expended
solely for the construction or reimbursement for construction of drainage facilities. The
Fund is in compliance with these requirements.
Be innirg ;galance ,1-0/08 -
$607,239
Revenue
Developer fees
Interest earned
140,148
15,019
Total Revenue
$ 125,129
Personal services
213
Total Expenditures
$213
Be innirt ' balance 10f09
>$542;323
Budgeted revenues
Budgeted expenditures
50,000
0
Estimated, Balance 10/10 -
$492,323
Rate Schedule Fiscal Year 2008109
Drainage Fees: $13,270 per acre