HomeMy WebLinkAboutANNUAL DRAINAGE FUND REPORT - FY 2005/06Council/Agency Meeting Held: % o d11
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Council Meeting Date: 3/19/2007
Department ID Number: PW 07-014
CITY OF HUNTINGTON BEACH
REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Cou cil embers
SUBMITTED BY: Pene{bpe C�h-Graft, DP Administrator
PREPARED BY. Robert F. Beardsley, PE, Director of Public Works
SUBJECT: Approve Annual Drainage Fund Report for FY 2005/06
Statement of Issue, Funding Source, Recommended Action, Alternative Action(s), Analysis, Environmental Status, Attachment(s)
Statement of Issue: In accordance with Section 14.48 of the Huntington Beach Municipal
Code (HBMC), the City Council is required to review the status of annual report the Drainage
Fund including the amount of fees collected and expenditures. A report for Fiscal Year
2005/06 has been prepared by the Public Works Department.
Funding Source: No funding is required for this action.
Recommended Action: Motion to:
Approve the Annual Drainage Fund Report for Fiscal Year 2005/06.
Alternative Action(s):
Recommend revisions to the report.
REQUEST FOR CITY COUNCIL ACTION
MEETING DATE: 311912007 DEPARTMENT ID NUMBER: PW 07-014
Analysis: The Drainage Fund is a development fee that is restricted to use for planned
drainage facilities identified in the Master Plan of Drainage. 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 2005/06.
Fiscal Status
As the result of project costs for the Shields Pump Station and payment of related litigation
costs, the Drainage Fund maintains a negative balance of ($777,000). Revenue from
development projects such as Pacific City and the Newland Street Residential will offset the
current deficit. It is anticipated that a positive balance will be achieved over the next two
years.
Revenues
Revenue for FY 2005/06 from development was approximately $125,600. Interest to the
fund was a negative ($32,500).
Expenditures
No expenditures were made, or are planned for the Drainage Fund.
Conformance with Program Goals and Objectives
The Drainage Fund is intended to implement the goals and objectives of the current Master
Plan of Drainage. 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.
Environmental Status: Not applicable
Public Works Commission Action: The Public Works Commission reviewed and approved
the report on February 21, 2007, with a vote of 6-0-1. (Commissioner Harlow was absent)
Attachment(s):
-2- 3/6/2007 12:13 PM
RCA ROUTING SHEET
INITIATING DEPARTMENT: Public Works
SUBJECT: Approve Annual Drainage Fund Report
COUNCIL MEETING DATE: March 19, 2007
RCA ATTACHMENTS
STATUS
Ordinance (w/exhibits & legislative draft if applicable)
Attached
❑
Not Applicable
Resolution (w/exhibits & legislative draft if applicable)
Attached
❑
Not Applicable
Tract Map, Location Map and/or other Exhibits
Attached
❑
Not Applicable
Contract/Agreement (w/exhibits if applicable)
Attached
❑
(Signed in full by the City Attorney)
Not Applicable
Subleases, Third Party Agreements, etc.
Attached
❑
(Approved as to form by City Attorney)
Not Applicable
Certificates of Insurance (Approved by the City Attorney)
Attached
❑
Not Applicable
Fiscal Impact Statement (Unbudgeted, over $5,000)
Attached
❑
Not Applicable
Bonds (If applicable)
Notached
t Applicable
Staff Report (If applicable)
Notached
t Applicable
Commission, Board or Committee Report (If applicable)
Attached
❑
Not Applicable
Findings/Conditions for Approval and/or Denial
Attached
❑
Not Applicable
ATTACHMENTSEXPLANATION FOP, MISSING
REVIEWED
RETURNED
FORWARDED
Administrative Staff
( )
( )
Deputy City Administrator (Initial)
( )
VIE )
City Administrator (Initial)
( )
( )
City Clerk
( )
RCA Author: L. Daily x 5599:jg