HomeMy WebLinkAbout1996-05-21; City Council; 13668; PROPOSED 1996-97 TO BUILDOUT CAPITAL IMPROVEMENT PROGRAM AND RECOMMENDED FEE CHANGESul W 0 ( -2 CITY OF CARLSBAD -AGENDA BILL
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RECOMMENDED ACTION:
Accept report. Set public hearing for June 18, 1996.
ITEM EXPLANATION:
CAPITAL IMPROVEMENT PROGRAM
1996-97 Capital Improvement Program
The 1996-97 proposed budget for the Capital Improvement Program (CIP) totals $2
million, with estimated revenues of $27.3 million. Appropriations of $29.2 million for
going capital projects remaining unspent at the end of FV 1995-96 will be added to the r
1996-97 CIP appropriations. A sum of $57 million will then comprise the total 1996-97 1
budget. Major projects scheduled for next year include:
Street and Interchange Proiects - A total of $14.7 million or 53% of the total 1996-97 CII
slated for street improvements and Interstate 5 interchange expansions. The larg
appropriation for a street project is Carlsbad Boulevard Shore Protection seawall with
additional $3.3 million appropriated from anticipated federal and state grants. 1
included is additional funding for Rancho Santa Fe Road, street improvements
Olivenhain Road (partially paid for by the City of Encinitas), and the initial construc
phase of the Cannon Road West project.
The 1996-97 appropriation for the La Costa Avenue interchange construction totals 4
million. In addition, $500,000 is included for the Cannon Road interchange. Funding
these interchange projects is from the Community Facilities District No. 1 avail:
balance.
Water and Sewer Proiects - Over one-third ( or 35%) of the planned CIP expenditures
1996-97 are for water and sewer projects, with appropriations totaling $9.8 million inch
in the CIP. The Maerkle Dam Lining project will receive its final scheduled appropriatioi
$2.9 million. Sewer funding of $3.7 million reflects Carlsbad's share of funding the En(
Wastewater Facility capital improvements and the construction of the Vista Carlsbad Tr
Line. Debt service payments for previous potable and reclaimed water projects
included.
Traffic Signals. Drainage, Parks and Civic Proiects - The remaining 12% of the 1996 - '
CIP is allocated to traffic signals, drainage projects, park improvements, and civic projec
Appropriations for park projects total $471,000 and include $300,000 design costs for tl
Carlsbad Municipal Golf Course. Drainage projects include the South Carlsbad Villas
Storm Drain, funded from the City's TransneVLocal balance. This project is scheduled
I Page 2 of Agenda Bill # / j! b b 8 e 0
receive $940,000 to begin construction in 1996 - 97. Three traffic signals are
scheduled for construction next year. In addition, appropriations for 1996-97 include
$75,000 for several existing park and City facilities, adding funds to the City program to
bring facilities into compliance with the Americans with Disabilities Act. Other projects
U
. ~. . in. this ..category-include the Financial Information System .which .will upgrade software
and computer. equipment for citywide information processing, facilities maintenance
projects, and public art for the Interstate 5 interchanges.
1996-97 to Buildout Capital Improvement Prorrram
The CIP outlines approximately 185 future projects scheduled for construction from
1996-97 through buildout at a total cost of over $406 million. The largest expenditure
category is for street and freeway interchange projects including the widening of La
Costa Ave., Cannon Road construction, PoinsettidAlga Road construction and
category and include development of park projects within all quadrants of Carlsbad.
Sewer and water expansion and replacement projects include construction of the Vista
' , ' Carlsbad trunk line, .parallel ocean outfall and reclaimed and potable water pipelines.
Civic projects include the south Carlsbad Library, new City Hall, and expansion of the
existing Cole Library.
Revenues of $388 million are forecast to fund future capital projects, with the remainder
obtained from current fund .balances. Sources of future revenues may .be segregated
into three major categories:
1) Developer - Fees generated by. development are approximately .48% of. the
anticipated future revenues. Fee revenues are projected in the CIP based on future
development forecasts.
expansion of freeway interchanges. Park projects are the second largest expenditure
2) Community Facilities District (CFD) and Bridge & Thoroughfare Fees - CFD special
taxes and .Bridge & Thoroughfare Fees are projected at 30% of total future
revenues. Planned development is a major factor in developing CFD taxes.
3) Other - These sources comprise the remaining 22% of revenues and include grants,
the County sales tax program (Transnet), San Diego Gas & Electric funding for
undergrounding utility lines, sewer and water replacement revenues generated by
user fees and various other sources.
Detailed information on the proposed 1996-97 to Buildout Capital Improvement
Program is included in the attached exhibits.
FEES FOR CITY SERVICES
One of the City Council's goals is to annually evaluate fees and charges for services in
changes to nine fees and the addition of one new fee as shown on Exhibit 4. conjunction with the budget. . Staff has reviewed all fee schedules and is recommending
Page 3 of Agenda Bill # k 0
DeveloDment Related Fees
Staff recommends decreasing the EIR-Supplemental fee to more closely reflect the
City’s actual costs. The Sewer Connection fee is proposed at a $4.00 increase based
I
-on.the change in the Engineering News Record (ENR) construction cost index.
General Citv Fees
The Carlsbad Municipal Water District (CMWD) requests the addition of the Continuity
of Service fee. This fee would allow CMWD to charge a lower fee than the “New
Account -Service Turn On” fee when it is necessary to re-establish water service in a
landlordk name during interim periods of rental vacancy. In addition, CMWD staff
request a $60.00 increase in the Water Meter Deposit - Construction Meter fee to
reflect the increase in costs for replacement of 3-inch water meters.
A comparison of the City’s fees for Aquatics Contract Classes and Per Admission fees
suggests that Carlsbad’s fees are below the market rate. Staff is recommending a
small, incremental increase in fees as opposed to a large increase in the future.
’ Staff is requesting that Council set the public hearing for the adoption of the CIP and
fee changes for the meeting of June 18, 1996. At that time, Council may receive input
. , . . from interested citizens and groups wishing to comment on the proposed capital budget .
and fee changes.
EXHIBITS
I. Report on the 1996-97 Capital Improvement Program.
2. Projected Fund Balances and Revenue and Expenditure schedules.
. . . . .,,-. 3..: Current and Future (.1996-97 to Buildout) Projects.
4. Recommended Changes to City Fee Schedule.
P
W W EXHIBIT: 1
4 1996-97 PROPOSED CAPITAL IMPROVEMENT PROGRAM
INTRODUCTION
The City of Carlsbad Capital Improvement Program (CIP) is a planning document which
incorporates the current budget for capital projects with future planned revenues and
expenditures. The 1996-97 proposed Capital Improvement Program totals $27.8 million, an
increase of $4.6 million from the 1995-96 adopted budget of $23.2 million. Projected revenues
for the 1996-97 program total $27.3 million, slightly higher than the 1995-96 estimates.
Carlsbad's revenues have shown signs of economic recovery since 1994-95, with the most
noticeable increase,in revenues related to the building industry. Capital development revenues
collected as the result of new residential and commerciaVindustria1 development are 27%
higher than the 1995-96 CIP estimates. The 1995-96 budget was prepared with cautious
optimism. Projects continue to be built in phases and future projects are evaluated to ensure
adequate funding will be available. This report and the accompanying CIP documents and
schedules reflect the actions taken to address the issue of funding availability weighed against
the demand for facilities and the City's ability to assume operational costs for new facilities.
As the City continues to monitor growth in conjunction with revenues, the correlation between
the amount of funds that can be spent on projects and the amount of growth has become
apparent. Although development revenues are on the rise as compared to a few years ago,
growth projections and project scheduling still reflect conservatism. Lower revenues in prior
years have impacted project schedules which were established using the growth management
standards as guidelines. Pending development projects were evaluated to determine what
revenues might be generated for the capital budget. Interwoven into this formula are fiscal
constraints which have become important to the scheduling of projects. Where facilities were
previously scheduled to meet maximum population expectations, the philosophy has shifted to
one where phasing of projects will more closely match incremental growth demands and still
meet growth management standards. Further, developers may be required to finance design
and construction costs if the availability of facilities fails to meet growth management
standards.
The growth management plan used by the City needs to be viewed with flexibility, along with
financial impacts external to the City, such as the general economy. A discussion of the City's
Growth Management Plan can be found at the end of this report. In addition, a glossary of
Capital Project funding sources is available at the end of this section,
FUTURE CAPITAL IMPROVEMENTS
Revenues
Revenues for Capital Projects from now until buildout total $388 million and may be segregated
into three major categories:. 1) fees generated by development -in .Carlsbad, 2). special district
fees and taxes (Community Facilities District special taxes and Bridge & Thoroughfare fees),
and 3) other sources including grants, bond issues, depreciation replacement reserves, and
letters of credit. Approximately 48% of all capital revenues are received as a result of
development, and are dependent upon assumptions made about the City's annual growth in
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dwelling units and commercial/industriaI square feet. Development revenues include Put
Facilities Fees (PFF), Traffic Impact Fees (TIF), Park-In-Lieu fees (PIL), Planned LO[
Drainage (PLD) fees, Water Major Facility Fees (MFF), and Sewer Connection charge!
Community Facilities District and Bridge & Thoroughfare District revenues comprise 30% oft
total. The remaining 22% of revenues are related to.federal & state grants, the County sa
tax program’ (Transnet), San Diego Gas & Electric funding, sewer and water replacemc
revenues generated by user fees, and various other sources.
d
Funding Sources
Capital Improvement Program
1996-97 to Buildout ~~~
Special Other
330L
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Growth Assumptions
Several assumptions about the rate and type of growth were made in order to project
revenues which result from development. Growth assumptions were made and continue
change in correlation with the economic climate. Residential and non-residential developm
information was compiled by the Planning and Engineering Departments, and the Final
Department overlaid the economic forecast.
Residential development for 1995-96 was conservatively projected at 222 building perrr
however, recent estimates anticipate over 400 units by the end of the year. This rate of gro
is expected to decrease slightly in 1996-97 with 320 units projected. Residential developm
projections for the next 5 years varied only slightly from the estimates used in preparing ‘
year’s CIP.
Non-residential development projections for the next 5 years nearly doubled when comparec
the 1995-96 projections for the same period because of the inclusion of the Carlsbad Ra
projects. The projects include the Leg0 Family Park, a community hotel site, a Resort site \
golf course, the Gemological Institute of America, a research and development business pl
and a specialty retail center. The Carlsbad Ranch Specific Plan was not approved until Jan1
1996, and therefore omitted from last year’s future development estimates.
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The following table shows the number of residential units used in calculating estimated
revenues for 1996-97 and subsequent years to buildout. The total number of residential units
projected at buildout is 54,000, with approximately 23,000 remaining to be built from this point
forward. Non-residential construction estimates are shown in projected square feet.
- 1996-97 CIP Growth Assumptions
Residential Non-Residential
Year Units Square Feet
96-97 320 540,000
97-98 466 580,000
98-99 638 1,057,000
99-2000 701 653,000
2000-01 637 450,000
Years 6-10 3,985 3,606,000
Years 1 1-2030 16,588 12,932,000
Total Future 23,335 19,818,000 I I ~~ ~
Development rates fell dramatically in 1987-88 due to the implementation of the Growth
Management Plan. In 1994-95 development increased dramatically, in part due to an
affordable housing apartment complex in the southwest quadrant of Carlsbad. The overall
trend shows development continuing at an increased rate and projected development
increasing to 650 to 700 units per year for the next IO years.
The revenue projections of the proposed Capital Improvement Program reflect the growth
assumptions identified above. The following information delineates how those assumptions
were applied to predict future development revenues.
Calculation of Future Fees
The mix of multi-family and single-family residential units was assumed to be 40% and 60%
respectively and reflects the anticipated mix of residential development shown in current plans
for each Local Facilities Management Zone. The building permit valuation used for computing
Public Facilities fees was $89,500 per multi-family dwelling unit, and $153;000 per single-family
dwelling unit. The mix of commercial and industrial development is assumed to be 40% and
60%, respectively, with office space included in the commercial category. A blended building
permit valuation of $38 per square foot of construction was used to calculate non-residential
Public Facilities fees.
In order to calculate estimated revenues for Traffic Impact fees (TIF), the number of average
daily trips was computed for each type of use. A multi-family residential dwelling unit was
assigned eight trips per day and a single-family unit was assigned ten trips per day. Each
residential trip was valued at the current TIF fee of $84.. The tripsper-day value for commercial
and industrial buildings was averaged at 25 trips per 1,000 square feet of development,
although the actual volume of trips generated by commerciaVindustrial building can vary widely
depending on the ultimate land use. The value assigned to each commercial/industriaI trip was
$34, the current TIF fee.
0 0
The implementation of CFD No. 1. in 1991 has reduced the total amount of PFF and TIF
revenues projected, as some projects previously funded from these sources are now funded
through the CFD. CFD No. 2 is proposed to fund Rancho Santa Fe Road and Olivenhain
development to proceed within this proposed district. CFD No. 3 is proposed to fund roads
through the Carlsbad Ranch area of Zone 13 and is still in the formation stage.
There are two proposed Bridge & Thoroughfare Fee Districts (BTD No. 2 and BTD No. 3) for
which associated revenue and expenditure estimates have been incorporated into the proposed
CIP schedules. BTD No. 2 (Cannon Road West) is proposed to fund portions of Cannon Road
from Interstate 5 to El Camino Real. BTD No. 3 (Poinsettia Lane - Alga Road) is proposed to
finance the construction of the following two major arterial roadways: Poinsettia Lane between
Alga Road and El Camino Real and Alga 'Road between Palomar Airport Road and Poinsettia
Lane. Several reimbursement or prepayment agreements are in place so that developers can
construct portions of the roadways in advance of formal adoption of the fee program, and thus,
proceed with their development projects.
- . .>~ . .. Road, but hasmot yet been formally established. An interim fee -program- is in. place to enable
Expenditures
The proposed CIP for 1996-97 to buildout outlines .approximately 185 future projects at a total
cost of $406 million. The largest expenditure category is for street and interchange projects at
$1 17 million or 29% of the total. Included are the construction of arterials and roadways as well
as the widening of some existing streets such as La Costa Avenue. The easterly extension of
Cannon Road began in 1995-96 and will continue for the next few years. Over $3 million of
federal and state grant funds were approved for the construction of additional seawall protection for Carlsbad Boulevard, scheduled for 1996-97. The contract for the La Costa Avenue
interchange project has been awarded and construction is scheduled to begin mid 1996.
The second largest expenditure category is for park projects totaling $76 million, or 19% of the
total planned capital expenditures. Park projects include development of acreage within all
quadrants of Carlsbad including Poinsettia Park, Veterans Memorial Park, Larwin Park, Leo
Carrillo Park and community centers in the northwest and southwest quadrants.
Civic projects represent the third largest level of expenditures at $64 million (16%), and include
construction of the South Carlsbad Library and a new City Hall, the expansion of the existing
Cole Library, various Americans with Disabilities Act projects, and the new Financial Information
System and telecommunications equipment. Sewer projects totaling $60 million (15%) include
the repayment of bonds for the expansion of the Encina Wastewater Facility, construction of the
Vista-Carlsbad trunk line, and parallel ocean outfall. Water projects total $42 million (10%) and
include the final phase of Maerkle Dam lining and cover, reclaimed and potable pipelines, and
repayment of loans for water projects. Interfund loans of $6.4 million are planned as well as all
future repayments which total $1 1.4 million. Included are the repayment of loans for the Alta
Mira (Poinsettia Park) land purchase, Cannon Road construction, and various water projects.
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- The 1996-97 proposed capital expenditure plan includes the addition of a new category,
for in an operating fund. Examples of these projects included re-roofing, painting, repair and
refurbishment of various city facilities. Facility Maintenance is the smallest expenditure
--..-category totaling $2 million; followed by traffic signal projects at .$3-million. Specific timing and
cost estimates for all capital projects are identified in the Current and Future (1996-97 to
Buildout) Projects schedule following the'narrative.
Project construction is reliant upon the availability of capital and operating funds in addition to
established growth management standards requirements for facilities. Wherever project
scheduling changes were proposed, compliance with the Growth Management Plan and
funding availability were evaluated. For the past few years, selected park and street projects
have been scheduled in phases to defer costs and balance CIP expenditures with projected
revenues. Following is a discussion of some of the major projects to be developed.
Facilities Maintenance, which includes major facility maintenance projects previously accounted
a - - Funding for the new South Carlsbad Library is currently
available utilizing Community Facilities District No. 1 revenues, which include a bond
issue in the 1997-98 time period. The construction of the library has been on hold since
the recession and is now scheduled for 1997-98, with opening expected in Spring of
2000. The Cole Library is scheduled to close and undergo extensive remodeling upon
the completion and opening of the new library. The financial impact of operating both
libraries continues to be a topic of discussion, and timing changes may be
recommended as the financial outlook becomes more clear.
0 Carlsbad Municipal Golf Course - The City recently completed the final land acquisition
for its 250 acre golf course to be constructed in the industrial corridor directly south of
the future Veterans Memorial Park. Selection of the development team and the initial
design phase is planned for 1996-97.
Streets - A significant timing change is proposed for the construction of Cannon Road
West from 1-5 to El Camino Real. Most of this project was previously scheduled for
construction after the year 2000, but has since been moved up to the year 1998-99. In
order to meet the funding challenges presented by this proposed scheduling change, a
loan from available Gas Tax and lntermodal Surface Transportation Efficiency Act
(ISTEA) - Surface Transportation Program (STP) funds is scheduled. Certain non-
essential elements in the first phase from Veteran's Memorial Park, through the second
phase to El Camino Real (curb, gutter, sidewalk, landscape) are scheduled for a later
date after sufficient revenues have been collected.
Seawall - Utilizing anticipated federal and state grants, construction of the seawall along
Carlsbad Boulevard will provide additional shore protection along the City's Coastlinel
The project will extend the current seawall at the Agua Hedionda Lagoon to protect the
roadway from damage caused by excessive storms or high wave action on the Pacific
Ocean.
Interchanges - The Interstate 5 interchange at La Costa Avenue will begin construction
in mid 1996. The La Costa Avenue interchange is the third in a series of interchange
expansions to improve circulation at critical connection points to City streets.
e
a Poinsettia Park - Funds for the first phase of Poinsettia Park were appropriated in the
1992-93 CIP, however declining operating revenues delayed the project until 1995-96.
Phase I of Poinsettia Park includes one lighted multi-purpose baseballkoftball field and
one lighted soccer field, three lighted tennis courts, a children's play area, a picnic area,
a trail system,*parking, and a restroomhackbar. The, remaining phases are scheduled
beyond the year 2000.
a Interfund Loans - When capital projects are needed in advance of available funds, loans
are made from other capital funds which have available reserves. The loan is repaid
when the borrowing fund builds up sufficient funds. All future loans and repayments of
this type are listed at the end of the proposed project schedule.
1996-97 CAPITAL IMPROVEMENT PROJECTS
There are approximately 40 capital projects totaling $27.8 million scheduled for 1996-97. These
projects are categorized as shown below. Appropriations of approximately $29.2 million for
ongoing capital projects which remain unspent at the end of FY 1995-96 will be added to the
new 1006-07 CIP appropriations for a total 1006-07 CIP appropriation of $57 million.
Street Proiects
Street construction projects are 38% of the total 1996-97 expenditures at $10.4 million. The
.~ largest appropriation is $3.3 million for the Carlsbad Boulevard Shore Protection seawall funded
with a state and federal grant. The Olivenhain Road Widening project is .scheduled for an
additional $1.7 million appropriation and Rancho Santa Fe Road will receive an additional $0.9
million from Community Facilities District No. 2 funds. . The initial construction phase of Cannon
Road West is planned at a cost of $1.5 million and the utility undergrounding and street light
replacement at Chestnut and Monroe will cost approximately $1 .O million.
1-5 Interchanges
Interchange construction includes a $4.3 million appropriation for La Costa Avenue and
$500,000 for the Cannon Road interchange. The 1996-97 appropriation for these interchange
projects is from CFD No. I.
Civic Proiects
Civic projects total 3% or $880,000 of the 1996-97 capital appropriation. Other projects in this
category- include updating the design plans for the South Carlsbad Library, the Financial
Information System, public art for the Interstate 5 interchanges, and ADA modifications at
various locations throughout the City.
Sewer Proiects
Sewer funding of $3.7 million reflects Carlsbad's share of funding the Encina Wastewater
Facility capital improvements,. including funds to repay the debt for its recent expansion and
funds for the construction of the Vista Carlsbad Trunk Line.
Water Proiects
The water category, including reclaimed water, is 22% of the total 1996-97 CIP with
.. appropriations of$6.1 million. The Maerkle Dam Lining project will receive its final scheduled
appropriation of $2.9 million. Another $1.7 million is scheduled for debt service payments on
previous potable and reclaimed water projects.
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Parks, Traffic Signals, and Drainage Proiects
Other categories in the proposed CIP include park, drainage, and traffic signal projects. New
appropriations for park projects are comprised mainly of miscellaneous repair and upgrade
projects plus $300,000 for design costs of the Carlsbad Municipal. Golf Course. The traffic
signals to receive funding in 1996-97 are located at Cannon Road and El Camino Real, Cannon
Road and Paseo Del Norte, and Cannon Road and the 1-5 interchange. The South Carlsbad
Village Storm Drain, a $4.7 million drainage project is funded from the City's TransneffLocal
balance, and is scheduled to receive $940,000 to begin construction in 1996-97, with the
remainder programmed in the following year.
Unfunded Proiects
These projects are listed at the end of the Current and Future (1996-97 to Buildout) Projects
schedule. Four traffic signals were added to this year's unfunded list, and will be evaluated one
at a time to determine funding priority. Each of these traffic signal projects is included in the
City's 1996 Traffic Signal Qualification List.
SUMMARY
While some projects continue to be phased due to lack of available capital and operating funds,
significant progress continues to be made on the traffic circulation projects. The Interstate 5
and Poinsettia Lane interchange project is complete and the La Costa interchange project is
about to begin. The South Carlsbad Boulevard bridge at Batiquitos Lagoon was completed in
May 1995, and construction of the northbound Carlsbad Boulevard bridge began in August
1995 and was completed in May 1996.
'Restoration to-the wetlands at Batiquitos Lagoon began in 1994-95, the culmination of several
years of design, planning and obtaining state and federal agency approvals. The three year
wetland restoration project will dredge the lagoon and restore fish and wildlife habitat. A
channel and offshore jetties will be constructed to restore full tidal flushing and nesting areas for
various species of birds will be built. The $30 million project is funded by the Port of Los
Angeles as mitigation for its recent expansion and is almost complete.
For the past few years, there have been some significant project scheduling changes as the
effects of the slow economy were felt on Carlsbad's revenue stream. Lack of funds has caused
the City to rethink how it can accomplish building its capital projects. Generally, the philosophy
has been to build quality capital facilities which meet, and at times exceed, growth management
standards whenever economically beneficial. Practices such as phasing projects over a period
of years to match funding availability as well as maximizing the use of available balances have
been implemented in order to continue to provide quality capital facilities which meet the needs
of Carlsbad's citizens. The 1996-97 to Buildout Capital Improvement Program reflects this goal.
The Gity has iclentified $Q,3 million in prvjetts for whiGh there is Gurrgntiy n~ ~~urce of fU.ncling.
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. GROWTH MANAGEMENT PLAN
The Growth Management Plan was developed and voted into law by the citizens of Carlsbad in
1986. The plan was established in an effort to regulate development within the City by linking
residential, commercial, and industrial development directly to standards for availability of public
services and facilities. Standards for facilities are applied to the City as a whole, within each of
the City's four quadrants, and in the City's twenty-five community or growth management
zones.
The Growth Management Plan adopted by the City Council has established precise standards
for eleven public facilities. Standards must be met at all times as growth occurs. Facilities for
which standards have been established are as follows:
?
- City Administrative - Wastewater Treatment - Circulation - Fire
- Water Distribution
- Schools
- Library - Parks - Drainage - Open Space - Sewer Collection
The Plan requires that appropriate public facilities be available, in conformance with the
adopted performance standards, as -development occurs. Unless each of the eleven public ,
facility standards have been met, no new development can occur. Where facilities were
previously scheduled to meet maximum population expectations, projects are now phased to
more closely match incremental growth demands.
The Growth Management Plan impacts both the operating budget and the Capital Improvement
Program. As the Growth Management Plan was being developed, very little construction
occurred which resulted in reductions in both operating and capital development related
revenues. Revenues were expected to recover, and new standards met as increased levels of
development began to occur. The Growth Management Plan directly affects the operating and
capital budgets by requiring the construction and operation of facilities to meet the standards.
Facilities such as community centers, parks, and fire stations have been constructed under this
program.
The Capital Improvement Program has been designed to specifically address areas where
facilities do not comply with the adopted performance standards. With the adoption of the
1996-97 CIP, compliance with the Growth Management Plan is assured.
8 m a
w CALIFORNIA ASSEMBLY BILL 1600 (AB 1600)
~ ~~
In 1987 the California Legislature passed Assembly Bill 1600 (AB 1600) which set forth the
process a city or county must follow to establish developer fees to finance public facilities. This
legislation applies to fees established, increased, or imposed on or after January 1, 1989, the
effective date of the law. AB 1600 contains four general requirements:
~~..
> A "nexus" or connection must be established between a development project or class of
project and the public improvement being financed with the fee. All AB 1600 fees
adopted by the City have met the nexus test. For example, Traffic Impact, Bridge and
Thoroughfare District and Drainage Sewer Benefit Area fees were all established under
AB 1600.
> The fee must be segregated from the General Fund. Carlsbad segregates all capital
funds not only from the General Fund but also each classification of fee as well.
> Fees collected by a city or county must be spent or committed to a project within a five
year period. Funds are viewed to be committed if they are programmed to be spent on
a specific project(s). If the money is not spent, findings must be made describing the
continuing need for that money each fiscal year after the five years has expired, The
City of Carlsbad commits the revenues from these fees through its Capital Improvement
Program budget. This budget, which is adopted by the City Council, sets forth the City's.
Capital expenditure program from the current year to projected build out of the City. The
expenditure plan is updated annually as part of the City's budget process.
> Refunds must be made only if the City cannot make the required findings. At this time
no refunds are due because the City's Capital Improvement Program commits all AB
1600 fees to projects to be con structed both in the current year and in the future.
% 0 0 EXHIBIT 2
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CITY OF CARLSBAD
CAPITAL FUNDS
PROJECTED FUND BALANCES FOR FY 1995-96
JULY 1,1995 ESTIMATED ESTIMATED ' JUNE 30,1996
UNRESERVED ESTIMATED CAPITAL DEBT SERVICE PROJECTED
FUND BALANCE REVENUES EXPENDITURES & OTHER BALANCE
GENERAL CAPITAL CONST. 2,863,268 2,177,564 1,230,181 0 3,810,65
PUBLIC ART 336,562 12,304 11 3,076 0 235,791
GOLF COURSE 1,172,682 21,533 368,269 0 825,94(
PUBLIC FACILITIES FEE 11,350,573 2,408,172 4,027,704 0 9,731,04
ZONE 5,13,16 PARK FEE 1,940,278 321,203 0 0 2,261,48
PIL AREA 1 NW 1,830,541 173,197 0 0 2,003,73;
PIL AREA 2 NE 537,800 215,282 0 0 753,08.
PIL AREA 3 SW 240,567 24,285 0 0 264,85
PIL AREA 4 SE 791,061 69,352 0 0 860,41
LETTERS OF CREDIT 0 0 0 0 ,
TRAFFIC IMPACT FEE 1,352,063 71 1,041 (93,858) 0 2.1 56.96
TRANSNEnLOCAL 449,557 12,217 21,437 0 440,33
TRANSNET/HIGHWAY 176,820 493,896 21,946 0 648,77#
TRANSNET/BIKE 1,843 1,223 3,066 0
TRANSNET/S,TP 281,300 859,804 0 0 1,141,10
TDA 152,294 378,444 44,114 0 486,62'
STATE GRANTS 581,657 400,702 373,632 0 608,72
COUNTY GRANTS 1,076,352 224,089 372 0 1,300,06
ASSESSMENT DISTRICTS 1,619,713 890,908 950,874 0 1,559,74
CFD #I 10,706,620 6,365,259 2,106,524 162,237 14,803,11
CFD #2 3,043,835 1,559,692 690,740 19,353 3,893,43'
CANNON ROAD WEST BTD#2 101,163 492,727 0 35,000 558,89
POINSETTIA BTD #3 0 1,233,548 0 0 1,233,54
FEDERAL GRANTS 318 1,203,094 634,586 0 568,82
SDG 8 E 0 0 0 .o
PLANNED LOCAL DRAING 3,457,374 430,395 14,733 0 3,873,03
SEWER CONNECTION 11,786,999 2,182,520 102,801 0 13,866,71
SEWER REPLACEMENT 5,620,972 1,324,753 10,849 0 6,934,87
WATER - RECLAIMED WATER 823,797 209,656 336,979 170,000 526,47
WATER - MAJOR FACILITY 4,469,876 2,229.1 31 1,050,269 1,281,000 4,367,73
WATER - REPLACEMENT 7,480,936 1,978,913 551,057 244,016 8,664~7
REDEVELOPMENT BONDS 2,112,562 97,251 3,800 0 2,206,Ol
OTHER 937,454 1,305,000 801,877 0 1,440,57
TOTAL 77,296,837 30,007,155 13,365,028 1,911,606 92,027,35
i 0 0
CITY OF CARLSBAD
CAPITAL FUNDS
PROJECTED FUND BALANCES FOR FY 1996-97
JULY 1,1996 1995 - 96 1996 - 97 JUNE I
PROJECTED ESTIMATED CONTINUING NEW TOTAL CIP PROJI
FUND BALANCE REVENUES APPROPR. APPROPR. APPROPR. BAL
GENERAL CAPITAL CONST. 3,810,651 947,600 3,747,208 1,008,600 4,755,808
PUBLIC ART 235,790 1,050 11 8,644 . 5,000 123,644
GOLF COURSE 825,946 0 268,106 300,000 568,106
PUBLIC FACILITIES FEE 9,731,041 1 ,I 15,442 1,581,139 470,000 2,051,139 8,'
ZONE 5,13,16 PARK FEE 2,261,481 212,000 0 0 0 2,2
PILAREA 1 NW 2,003,738 91,260 0 0 0 2,'
PIL AREA 2 NE 753,082 0 0 0 0
PIL AREA 3 SW 264,852 68,250 0 0 0
PIL AREA 4 SE 860,413 109,200 0 .o 0
LETTERS OF CREDIT 0 0 0 0 0
TRAFFIC IMPACT FEE 2,156,962 449,553 1,587,333 69,000 1,656,333
TRANSNETILOCAL 440,337 2,106,320 207,849 2,306,320 2,514,169
TRANSNET/HlGHWAY 648,770 739,000 526,715 739,000 1,265,715
TRANSNET/BIKE 0 0 0 0 0
TRANSNETKTP 1,141,104 0 0 0 0 1,
TDA 486,624 0 428,619 0 428,619
STATE GRANTS 608,727 1,335,000 256,020 1,335,000 1,591,020
COUNTY GRANTS 1,300,069 201,014 49,628 0 49,628 1,
ASSESSMENT DISTRICTS 1,559,747 0 1,199,760 0 1,199,760
CFD #I 14,803,118 5,248,958 3,457,529 5,730,000 9,187,529 10,
CFD #2 3,893,434 664,500 2,024,071 91 2,000 2,936,071 1,
CANNON ROAD WEST BTW2 558,890 144,345 0 0
POINSETTIA BTD #3 1,233,548 1,800,000 0 0 0 3,
FEDERAL GRANTS 568,826 2,000,000 325,789 2,000,000 2,325,789
SDG & E 0 850,000 0 850,000 850,000
PLANNED LOCAL DRAING 3,873,036 260,642 1,205,226 0 1,205,226 2,
SEWER CONNECTION 13,866,718 2,368,888 917,894 3,467,500 4,385,394 11
SEWER REPLACEMENT 6,934,876 1,200,000 1,584,091 21 5,000 1,799,091 6
WATER - RECLAIMED WATER 526,474 255,000 98,021 680,000 778,021
WATER - MAJOR FACILITY 4,367,738 1,811,518 1,579,893 4,574,226 6,154,119
WATER - REPLACEMENT 8,664,776 1,825,000 6,018,691 1,433,972 7,452,663 3
REDEVELOPMENT BONDS 2,206,013 0 1,164,378 0 1,164,378 1
OTHER 1,440,577 1,477,000 826,166 1,707,000 2,533,166
TOTAL 92,027,358 27,281,540 29,172,770 27,802,618 56,975,388 62
0 0.
.
CITY OF CARLSBAD
CAPITAL FUNDS
REVENUE ESTIMATES FOR 1996-97
FUND
GENERAL CAPITAL CONST.
PUBLIC ART
GOLF COURSE
PUBLIC FACILITIES FEE
ZONE 5,13 & 16 PARK FEE
PILAREA 1 NW
PIL AREA 2 NE
PIL AREA 3 SW
PIL AREA 4 SE
LETTERS OF CREDIT
TRAFFIC IMPACT FEE
TRANSNEnLOCAL
TRANSNET/HlGHWAY
TRANSNET/BIKE
TRANSNETKTP
TDA
STATE GRANTS
COUNTY GRANTS
ASSESSMENT DISTRICTS
. CFDel
CFD #2
CANNON ROAD WEST BTDB
POINSETTIA BTD#3
FEDERAL GRANTS
SDG&E
PLANNED LOCAL DRAING
SEWER CONNECTION
SEWER REPLACEMENT
' WATER - RECLAIMED WATER
WATER - MAJOR FACILITY
WATER - REPLACEMENT
REDEVELOPMENT BONDS
1993-94
ACTUAL
REVENUES
970,364
16,922
105,934
1,524,573
94,639
94,594
28,462
10,781
39,132
0
326,558
147,848
15,427
373,964
255,862
512,989
916,396
212,305
76,417
3,016,253
2,427,995
0
0
0
0
372,044
976,197
4,067,123
942,840
876,179
2,304,313
119,137
1994-95
ACTUAL
REVENUES
1,OI 0,273
17,457
109,308
2,266,914
1,940,278
102,202
31,349
36,066
48,832
0
481,029
22,535
9,667
1,351
43,438
5,604
642,181
232,371
160,693
6,433,487
573,940
101,163
0
1,180,179
0
655,752
1,331,031
81 1,481
40,606
1,341,224
1,231,779
501,656
1995-96 (1)
ESTIMATED
REVENUE
2,177,564
12,304
21,533
2,408,172
321,203
173,197
215,282
24,285
69,352
0
71 1,041
12,217
493,896
1,223
859,804
378,444
400,702
224,089
890,908
6,365,259
1,559,692
492,727
1,233,548
1,203,094
0
430,395
2,182,520
1,324,753
209,656
2,229,131
1,978,913
97,251
1 996-97 (1 )
ESTIMATED
REVENUE
947,600
1,050
0
212,000
91,260
0
68,250
109,200
0
449,553
2,106,320
739,000
0
0
0
1,335,000
201,014
0
1 ,I 1 5,442
5,248,958
664,500
144,345
1,800,000
2,000,000
850,000
260,642
2,368,888
1,200,000
255,000
1,811,518
1,825,000
0
OTHER 1,245,651 436,484 1,305,000 1,477,000 ITOTAL CAPITAL FUNDS 22,070,899 21,800,330 30,007,155 27,281,540 I ~ - . ~~ " .~ . .. " . " "
(1) INCLUDES INTERFUND LOANS OR TRANSFERS.
0 0
-
CITY OF CARLSBAD
CAPITAL FUNDS
DETAIL REVENUE ESTIMATES FOR FY 1996 - 97
FUND OR
DEVELOPER LOAN OR DEPRECIATION TOT,
FUND FEES TAXES OTHER BOND ISSU TRANSFER REVEh
GENERAL CAPITAL CONST, 45,000 902,600 94
PUBLIC ART
GOLF COURSE
PUBLIC FACILITIES FEE
ZONE 5,13,16 PARK FEE
PIL AREA 1 NW
PIL AREA 2 NE
PIL AREA 3 SW
PIL AREA 4 SE
LETTERS OF CREDIT
TRAFFIC IMPACT FEE
TRANSNETlLOCAL
TRANSNET/HIGHWAY
TRANSNET/BIKE
TRANSNETlSTP
TDA
STATE GRANTS
COUNTY GRANTS
ASSESSMENT DISTRICTS
CFD #I
CFD #2
CANNON ROAD WEST BTD#2
POINSETTIA BTD #3
FEDERAL GRANTS
SDG & E
PLANNED LOCAL DRAIN'G
SEWER CONNECTION
SEWER REPLACEMENT
WATER - RECLAIMED WATER
WATER - MAJOR FACILITY
WATER - REPLACEMENT
TAX INCREMENT BOND
1,115,442
212,000
91,260
68,250
109,200
449,553
2,106,320
739,000
136,502 4,278,456 234,000
664,500
144,345
1,800,000
850,000
260,642
768,888 1,600,000
1,211,518
725,000
1,050
1,11
21
E
E
IC
44
2,IC
72
1,32
2c
5,24
6E
,I4
1,8C
2,oc
85
2E
2,3E
1,200,000 1,21
255,000 2t
600,000 1,81
1 ,I 00,000 1,8;
OTHER 7,000 1,470,000 A ,4i
TOTAL 7,032,100 7,855,776 4,199,000 600,000 3,458,650 27,2f
0 0
d
CITY OF CARLSBAD
CAPITAL FUNDS
BUDGET EXPENDITURE SCHEDULE
1993-1994 TO 1996-1997
1993-94 3 1994-95 1995-96 (1) CONTINUING
FUND ACTUAL ACTUAL ESTIMATED APPROPR. APPROPR.
GENERAL CAPJJAL CONSJ, 753,895 2,975,369 1,239,181 3,747,208 I,QQ8)6QQ
PUBLIC ART 19,980 0 11 3,076
GOLF COURSE 794,356 402,518 368,269
PUBLIC FACILITIES FEE 798,606 509,117 4,027,704
ZONE 5,13 & 16 PARK FEE 0 0 0
PILAREA 1 NW 0 0 0
PIL AREA 2 NE 0 0 0
PIL AREA 3 SW 0 0 0
PIL AREA 4 SE 0 0 0
LETTERS OF CREDIT 0 0 0
TRAFFIC IMPACT FEE 959,097 1,184,874 (93,858
TRANSNEnLOCAL 51,044 94,066 21,437
TRANSNET/HIGHWAY 1,109,800 108,296 21,946
TRANSNETBIKE 340,271 3,336 3,066
TRANSNETETP 18,000 0 0
TDA 389,483 107,849 44,114
STATE GRANTS 910,039 77,135 373,632
COUNTY GRANTS 399,773 0 372
ASSESSMENT DISTRICTS 49,279 170,662 950,874
CFD #I 1,487,413 4,207,512 2,106,524
CFD #2 85,969 176,252 690,740
CANNON ROAD WEST BTW2 0 0 0
POINSETTIA BTD#3 0 0 0
FEDERAL GRANTS 0 1,179,861 634,586
SDG&E 0 0 0
PLANNED LOCAL DRAING 0 457,678 14,733
SEWER CONNECTION 36,006 2,527,891 102,801
SEWER REPLACEMENT 0 360,178 10,849
WATER - RECLAIMED WATER 1,470,983 1,142,457 336,976
WATER - MAJOR FACILITY 1,033,925 2,761,251 1,050,265
WATER - REPLACEMENT 1,544,870 845,176 551,055
REDEVELOPMENT BONDS 2,186,396 1,342,328 3,80C
OTHER 1,164,344 908,619 801,877
ITOTAL CAPITAL FUNDS 15,603,529 20,642,425 13,365,02€
)
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* L a' a
v
CITY OF CARLSBAD
CAPITAL IMPROVEMENT PROGRAM
ANALYSIS OF AVAILABLE BALANCES
1996 TO BUILDOUT
YEAR I 1996 - 97 I BEGINNING
FUND BAL 7/1/96 REVENUE EXPENDITURES ENDING
GENERAL CAPITAL CONST. 63,443 947,600 1,008,600 2,443 PUBLIC ART 117,146 1,050 5,000 113,196
GOLF COURSE 557,840 0 300,000 257,840
PUBLIC FACILITIES FEE 8,149,902 1 ,I 15,442 470,000 8,795,344
ZONE 5,13,16 PARK FEE
PIL AREA 1 NW
PIL AREA 2 NE
PIL AREA 3 SW
PIL AREA 4 SE
LETTERS OF CREDIT
TRAFFIC IMPACT FEE
TRANSNET/LOCAL
TRANSNET/HIGHWAY
TRANSNET/BlKE
TRANSNETKTP
TDA
STATE GRANTS
COUNTY GRANTS
' ASSESSMENT DISTRICTS
CFD #I
CFD #2
2,261,481
2,003,738
753,082
264,852
860,413
0
569,629
232,488
122,055
0
1,141,104
58,005
352,707
1,250,441
359,987
11,345,589
1,869,363
212,000
I 91,260
0
68,250
109,200
0
449,553
2,106,320
739,000
0
0
0
1,335,000
201,014
0
5,248,958
664,500
0
0
0
0
0
0
69,000
2,306,320
739,000
0
0
0
1,335,000
0
0
5,730,000
912,000
2,473,484
2,094,998
753,082
333,102
969,613
0
950,182
32,488
122,055
0
1,141,104
58,005
352,707
1,451,455
359,987
10,864,547
1,621,863
CANNON ROAD WEST BTD#2 558,890 144,345 0 703,235
POINSETTIA BTD #3 1,233,548 1,800,000 0 3,033,548
FEDERAL GRANTS 243,037 2,000,000 2,000,000 243,037
SDG & E 0 850,000 850,000 0
PLANNED LOCAL DRAIN'G 2,667,810 260,642 0 2,928,452
SEWER CONNECTION 12,948,824 2,368,888 3,467,500 11,850,212
SEWER REPLACEMENT 5,350,785 1,200,000 215,000 6,335,785
WATER - RECLAIMED WATER 428,453 255,000 680,000 3,453
WATER - MAJOR FACILITY 2,787,845 1,811,518 4,574,226 25,137
WATER - REPLACEMENT 2,646,085 1,825,000 1,433,972 3,037,113
REDEVELOPMENT BONDS 1,041,635 0 0 1,041,635
OTHER 614,411 1,477,000 1,707,000 384,411
TOTAL 62,854,588 27,281,540 27,802,618 62,333,510
r a 0
-
CITY OF CARLSBAD
CAPITAL IMPROVEMENT PROGRAM
ANALYSIS OF AVAILABLE BALANCES
1996 TO BUILDOUT
YEAR 2 1997 - 98 1 BEGINNING
FUND BAL 7/1/96 REVENUE EXPENDITURES ENDING
GENERAL CAPITAL CONST. 2,443 705,000 705,000 2,443
PUBLIC ART
GOLF COURSE
PUBLIC FACILITIES FEE
ZONE 5,13,16 PARK FEE
PIL AREA 1 NW
PIL AREA 2 NE
PIL AREA 3 SW
PIL AREA 4 SE
LETTERS OF CREDIT
TRAFFIC IMPACT FEE
TRANSNEnLOCAL
TRANSNET/HIGHWAY
TRANSNET/BlKE
TRANSNET/STP
TDA
STATE GRANTS
COUNTY GRANTS
ASSESSMENT DISTRICTS
CFD #I
CFD #2
CANNON ROAD WEST BTD#2
POINSETTIA BTD #3
FEDERAL GRANTS
SDG&E
PLANNED LOCAL DRAIN'G
SEWER CONNECTION
SEWER REPLACEMENT
WATER - RECLAIMED WATER
WATER - MAJOR FACILITY
WATER - REPLACEMENT
REDEVELOPMENT BONDS
113,196
257,840
8,795,344
2,473,481
2,094,998
753,082
333,102
969,613
0
950,182
32,488
122,055
0
1,141,104
58,005
352,707
1,451,455
359,987
1 0,864,547
1,621,863
703,235
3,033,548
243,037
0
2,928,452
11,850,212
6,335,785
3,453
25,137
3,037,113
1,041,635
0
0
1,481,633
172,000
97,344
0
180,180
109,200
375,000
1,539,231
4,960,000
680,000
'0
0
0
0
1,111,065
0
6,549,283
623,500
50,000
200,000
0
0
296,333
1,857,925
1,200,000
1,160,000
2,494,771
1,825,000
0
0
0
4,982,000
0
0
0
281,000
0
375,000
2,029,000
4,960,000
680,000
0
0
0
0
2,480,000
0
17,410,000
0
421,000
500,000
0
0
0
3,201,800
818,000
260,000
2,458,985
2,468,997
0
113,196
257,840
5,294,977
2,645,481
2,192,342
753,082
232,282
1,078,813
0
460,413
32,488
122,055
0
1,141,104
58,005
352,707
82,520
359,987
3,830
2,245,363
332,235
2,733,548
243,037
0
3,224,785
10,506,337
6,717,785
903,453
60,923
2,393,116
1,041,635
OTHER 384,411 70,000 70,000 384,41 1
TOTAL 62,333,510 27,737,465 44,100,782 45,970,193
a L
d
CITY OF CARLSBAD
CAPITAL IMPROVEMENT PROGRAM
ANALYSIS OF AVAILABLE BALANCES
1996 TO BUILDOUT
YEAR 3 1998 - 99 3 BEGINNING
FUND
GENERAL CAPITAL CONST.
PUBLIC ART
GOLF COURSE
PUBLIC FACILITIES FEE
ZONE 5,13,16 PARK FEE
PIL AREA 1 NW
PIL AREA 2 NE
PIL AREA 3 SW
PIL AREA 4 SE
LETTERS OF CREDIT
TRAFFIC IMPACT FEE
TRANSNET/LOCAL
TRANSNET/HIGHWAY
TRANSNET/BIKE
TRANSNETETP
TDA
STATE GRANTS
1 COUNTY GRANTS
ASSESSMENT DISTRICTS
CFD #I
CFD #2
CANNON ROAD WEST BTD#2
POINSETTIA BTD #3
FEDERAL GRANTS
SDG&E
PLANNED LOCAL DRAIN'G
SEWER CONNECTION
SEWER REPLACEMENT
WATER - RECLAIMED WATER
WATER - MAJOR FACILITY
WATER - REPLACEMENT
REDEVELOPMENT BONDS
BAL 7/1/97
2,443
113,196
257,840
5,294,977
2,645,481
2,192,342
753,082
232,282
1,078,813
0
460,413
32,488
122,055
0
1,141,104
58,005
352,707.
82,520
359,987
3,830
2,245,363
332,235
2,733,548
243,037
0
3,224,785
10,506,337
6,717,785
903,453
60,923
2,393,116
1,041,635
REVENUE
625,000
0
0
2,210,260
312,000
68,445
68,250
200,655
109,200
0
886,834
300,000
1,431,000
0
0
0
0
221,618
0
5,283,627
747,594
2,050,000
200,000
0
0
306,764
2,326,338
1,200,000
160,000
2,399,251
1,825,000
0
EXPENDITURES
625,000
0
0
255,000
0
0
0
0
0
0
249,000
300,000
1,431,000
0
1,000,000
0
0
200,000
0
3,090,000
0
2,264,000
500,000
0
0
0
2,966,400
540,000
1,035,000
1,464,478
1,734,020
0
ENDING
2,443
113,196
257,840
7,250,237
2,957,481
2,260,787
821,332
432,937
1,188,013
0
1,098,247
32,488
122,055
0
141,104
58,005
352,707
104,138
359,987
2,197,457
2,992,957
I 18,235
2,433,548
243,037
0
3,531,549
9,866,275
7,377,785
28,453
995,696
2,484,096
1,041,635
OTHER 384,411 1,000,000 1,000,000 384,411
TOTAL 45,970,193 23,931,836 18,653,898 51,248,131
- e 0
d
CITY OF CARLSBAD
CAPITAL IMPROVEMENT PROGRAM
ANALYSIS OF AVAILABLE BALANCES
1996 TO BUILDOUT
YEAR 4 1999 - 2000 i BEGINNING
FUND BAL 711198 REVENUE EXPENDITURES ENDINC
GENERAL CAPITAL CONST. 2,443 660,000 660,000 2,443
PUBLIC ART 113,196 0 0 113,196
GOLF COURSE 257,840 0 0 257,840 PUBLIC FACILITIES FEE 7,250,237 2,477,009 4,950,000 4,777,246
ZONE 5,13,16 PARK FEE 2,957,481 152,000 0 3,109,481
PIL AREA 1 NW 2,260,787 68,445 0 2,329,232
PIL AREA 2 NE 821,332 68,250 0 889,582
PIL AREA 3 SW 432,937 234,780 0 667,717
PIL AREA 4 SE 1,188,013 150,150 0 1,338,163
LETTERS OF CREDIT 0 0 0 0
TRAFFIC IMPACT FEE 1,098,247- 700,996 869,000 930,243
TRANSNEnLOCAL 32,488 300,000 300,000 . 32,488
TRANSNET/HIGHWAY 122,055 0 0 122,055
TRANSNET/BIKE 0 0 0 0
TRANSNETETP 141,104 0 0 141,104
TDA 58,005 0 0 58,005
STATE GRANTS
COUNTY GRANTS
ASSESSMENT DISTRICTS
CFD #I
CFD #2
CANNON ROAD WEST BTW2
POINSETTIA BTD #3
FEDERAL GRANTS
SDG&E
PLANNED LOCAL DRAIN'G
SEWER CONNECTION
SEWER REPLACEMENT
WATER - RECLAIMED WATER
WATER - MAJOR FACILITY
WATER - REPLACEMENT
REDEVELOPMENT BONDS
352,707
104,138
359,987
2,197,457
2,992,957
11 8,235
2,433,548
243,037
0
3,531,549
9,866,275
7,377,785
28,453
995,696
2,484,096
1,041,635
0
232,699
0
6,020,341
1,221,550
50,000
200,000
0
0
280,346
1,374,642
1,200,000
160,000
2,218,728
1,825,000
0
0
200,000
0
110,000
0
0
750,000
0
0
0
1,176,200
530,000
160,000
2,418,808
2,385,964
0
352,707
136,837
359,987
8,107,798
4,214,507
168,235
1,883,548
243,037
0
3,811,895
10,064,717
8,047,785
28,453
795,616
1,923,132
1,041,635
OTHER 384,411 0 0 384,411 TOTAL 51,248,131 19,594,936 14,509,972 56,333,095
e m*
d
CITY OF CARLSBAD
CAPITAL IMPROVEMENT PROGRAM
ANALYSIS OF AVAILABLE BALANCES
1996 TO BUILDOUT
YEAR 5 2000 - 2001 1 BEGINNING
FUND BAL 7/1/99 REVENUE EXPENDITURES ENDINC
GENERAL CAPITAL CONST. 2,443 620,000 620,000 2,443
PUBLIC ART 113,196 0 0 113,196
GOLF COURSE 257,840 0 0 257,840
PUBLIC FACILITIES FEE 4,777,246 I ,788,219 100,000 6,465,465
ZONE 5,13,16 PARK FEE 3,109,481 152,000 700,000 2,561,481
PIL AREA 1 NW 2,329,232 68,445 0 . 2,397,677
PIL AREA 2 NE 889,582 68,250 0 957,832
PIL AREA 3 SW 667,717 241,605 0 909,322
PIL AREA 4 SE 1,338,163 150,150 0 1,488,313
LETTERS OF CREDIT 0 0 0 0
TRAFFIC IMPACT FEE 930,243 556,870 144,000 1,343,113
TRANSNETILOCAL 32,488 400,000 400,000 32,488
TRANSNETIHIGHWAY 122,055 0 0 122,055
TRANSNETIBIKE 0 0 0 0
TRANSNETISTP 141,104 0 0 141,104
TDA 58,005 0 0 58,005
STATE GRANTS 352,707 0 0 352,707
COUNTY GRANTS 136,837 244,334 200,000 181,171
ASSESSMENT DISTRICTS 359,987 0 0 359,987
CFD #I 8,107,798 5,165,020 1 10,000 13,162,818
CFD #2 4,214,507 1,119,050 0 5,333,557
CANNON ROAD WEST BTD#2 168,235 145,400 0 31 3,635
POINSETTIA BTD #3 1,883,548 200,000 1,750,000 333,548
FEDERAL GRANTS 243,037 0 0 243,037
SDG&E 0 700,000 700,000 0
PLANNED LOCAL DRAIN'G 3,811,895 234,839 0 4,046,734
SEWER CONNECTION 10,064,717 1,124,010 1,809,200 9,379,527
SEWER REPLACEMENT 8,047,785 1,200,000 540,000 8,707,785
WATER - RECLAIMED WATER 28,453 160,000 160,000 28,453
WATER - MAJOR FACILITY 795,616 1,898,399 1,414,596 1,279,419
WATER - REPLACEMENT 1,923,132 1,825,000 839,852 2,908,280
REDEVELOPMENT BONDS 1,041,635 0 0 1,041,635
OTHER 384,411 0 0 384,411
TOTAL 56,333,095 18,061,591 9,487,648 64,907,038
0 0
-
'.r
CITY OF CARLSBAD
GAPITAL IMPROVEMENT PROGRAM
ANALYSIS OF AVAILABLE BALANCES
1996 TO BUILDOUT
YEAR 6-10 2001 - 2006 I BEGINNING
FUND BAL 7/1/2000 REVENUE EXPENDITURES ENDING
GENERAL CAPITAL CONST. 2,443 2,350,000 2,350,000 2,443 PUBLIC ART
GOLF COURSE
PUBLIC FACILITIES FEE
ZONE 5,13,16 PARK FEE
PIL AREA I NW
PIL AREA 2 NE
PIL AREA 3 SW
PIL AREA 4 SE
LETTERS OF CREDIT
TRAFFIC IMPACT FEE
TRANSNET/LOCAL
TRANSNET/HIGHWAY
TRANSNET/BIKE
TRANSNETETP
TDA
STATE GRANTS
COUNTY GRANTS
ASSESSMENT DISTRICTS
CFD #I
CFD #2
CANNON ROAD WEST BTD#2
POINSETTIA BTD #3
FEDERAL GRANTS
SDG&E
PLANNED LOCAL DRAIN'G
SEWER CONNECTION
SEWER REPLACEMENT
WATER -.RECLAIMED WATER
WATER - MAJOR FACILITY
WATER - REPLACEMENT
REDEVELOPMENT BONDS
113,196
257,840
6,465,465
2,561,481
2,397,677
957,832
909,322
1,488,313
0
1,343,113
32,488
122,055
0
141,104
58,005
352,707
181,171
359,987
13,162,818
5,333,557
31 3,635
333,548
243,037
0
4,046,734
9,379,527
8,707,785
28,453
1,279,419
2,908,280
1,041,635
0
0
11,734,124
890,143
468,468
922,740
1,347,255
926,835
250,000
3,862,820
2,000,000
0
0
0
0
0
218,982
0
30,946,802
8,979,220
727,000
2,200,000
0
900,000
2,225,556
7,609,581
6,000,000
800,000
12,526,042
5,225,000 .. U
0
0
11,805,000
3,000,000
2,380,000
0
1,550,000
0
250,000
3,670,000
2,000,000
0
0
0
0
0
300,000
0
40,550,000
12,332,000
0
2,500,000
0
900,000
0
11,354,656
2,650,000
800,000
9,850,252
732,810
0
113,196
257,840
6,394,589
451,624
486,145
1,880,572
706,577
2,415,148
0
1,535,933
32,488
122,055
0
141,104
58,005
352,707
100,153
359,987
3,559,620
1,980,777
1,040,635
33,548
243,037
0
6,272,290
5,634,452
12,057,785
28,453
3,955,209
7,400,470
1,041,635
OTHER 384,411 0 0 384,411 TOTAL 64,907,038 103,110,568 108,974,718 59,042,888
0 a -
d
CITY OF CARLSBAD
CAPITAL IMPROVEMENT PROGRAM
ANALYSIS OF AVAILABLE BALANCES
1996 TO BUILDOUT
2006 to Buildout 3 BEGINNING
FUND BAL 7/1/2005 REVENUE EXPENDITURES ENDING
GENERAL CAPITAL CONST. 2,443 2,000,000 1,560,000 442,443
PUBLIC ART
GOLF COURSE
PUBLIC FACILITIES FEE
ZONE 5,13,16 PARK FEE
PIL AREA 1 NW
PIL AREA 2 NE
PIL AREA 3 SW
PIL AREA 4 SE
LETTERS OF CREDIT
TRAFFIC IMPACT FEE
TRANSNET/LOCAL
TRANSNET/HlGHWAY
TRANSNET/BlKE
TRANSNETETP
TDA
STATE GRANTS
COUNTY GRANTS
ASSESSMENT DISTRICTS
CFD #I
CFD #2
CANNON ROAD WEST BTD#2
POINSETTIA BTD #3
FEDERAL GRANTS
SDG&E
PLANNED LOCAL DRAIN'G
SEWER CONNECTION
SEWER REPLACEMENT
WATER - RECLAIMED WATER
WATER - MAJOR FACILITY
WATER - REPLACEMENT
REDEVELOPMENT BONDS
OTHER
113,196
257,840
6,394,589
451,624
486,145
1,880,572
706,577
2,415,148
0
1,535,933
32,488
122,055
0
141,104
58,005
352,707
100,153
359,987
3,559,620
1,980,777
1,040,635
33,548
243,037
0
6,272,290
5,634,452
12,057,785
28,453
3,955,209
7,400,470
1,041,635
384.41 1
0
0
30,305,774
2,914,599
4,316,598
4,770,675
3,424,785
1,916,460
3,687,500
15,897,123
3,300,000
0
0
1,000,000
0
0
0
0
13,856,619
13,278,139
2,035,600
7,600,000
0
0
14,336,368
17,501,189
1,800,000
3,846,000
5,432,329
13,800,000
0
1 .ooo.ooo
0
0
35,871,265
3,330,000
4,725,000
6,650,000
4,130,000
4,300,000
3,687,500
9,145,000
3,300,000
0
0
0
0
0
0
0
17,040,000
14,339,000
3,000,000
7,600,000
0
0
19,725,000
22,746,944
8,823,000
1,246,000
9,233,750
2,038,000
0
0
113,196
257,840
829,098
36,223
77,743
1,247
1,362
31,608
0
8,288,056
32,488
122,055
0
1,141,104
58,005
352,707
100,153
359,987
376,239
919,916
76,235
33,548
243,037
0
883,658
388,697
5,034,785
2,628,453
153,788
19,162,470
1,041,635
1,384.41 1
TOTAL
..
59,042,888 168,019,758 182,490,459 44,572,187
..
- 0 0
4
4
CITY OF CARLSBAD
CAPITAL IMPROVEMENT PROGRAM
ANALYSIS OF AVAILABLE BALANCES
1996 TO BUILDOUT
GRAND TOTALS ALL YEARS 1 BEGINNING TOTAL TOTAL
FUND BALANCE REVENUE EXPENDITURES ENDING
GENERAL CAPITAL CONST. 63,443 7,907,600 7,528,600 442,443
PUBLIC ART 117,146 1,050 5,000 113,196
GOLF COURSE 557,840 0 300,000 257,840
PUBLIC FACILITIES FEE 8,149,902 51 ,I 12,461 58,433,265 829,098 ZONE 5,13,16 PARK FEE 2,261,481 4,804,742 7,030,000 36,223
PIL AREA 1 NW 2,003,738 5,179,005 7,105,000 77,743
PIL AREA 2 NE 753,082 5,898,165 6,650,000 1,247
PIL AREA 3 SW 264,852 5,697,510 5,961,000 1 ,362
PIL AREA 4 SE 860,413 3,471,195 4,300,000 31,608
LETTERS OF CREDIT 0 4,312,500 4,312,500 0
TRAFFIC IMPACT FEE 569,629 23,893,427 16,175,000 8,288,056
TFWNSNET/LOCAL 232,488 13,366,320 13,566,320 32,488
TRANSNET/HIGHWAY
TRANSNET/BIKE
TRANSNETETP
TDA
STATE GRANTS
COUNTY GRANTS
ASSESSMENT DISTRICTS
CFD #I
CFD #2
CANNON ROAD WEST BTDR
POINSETTIA BTD #3
FEDERAL GRANTS
SDG&E
PLANNED LOCAL DRAIN'G
SEWER CONNECTION
SEWER REPLACEMENT
WATER - RECLAIMED WATER
WATER - MAJOR FACILITY
WATER - REPLACEMENT
REDEVELOPMENT BONDS
122,055
0
1,141,104
58,005
352,707
1,250,441
359,987
11,345,589
1,869,363
558,890
1,233,548
243,037
0
2,667,810
12,948,824
5,350,785
428,453
2,787,845
2,646,085
1,041,635
2,850,000
0
1,000,000
0
1,335,000
2,229,712
0
73,070,650
26,633,553
5,202,345
12,400,000
2,000,000
2,450,000
17,940,848
34,162,573
13,800,000
6,541,000
28,781,038
28,150,000
0
2,850,000
0
1,000,000
0
1,335,000
3,380,000
0
84,040,000
27,583,000
5,685,000
13,600,000
2,000,000
2,450,000
19,725,000
46,722,700
14,116,000
4,341,000
31,415,095
I 1,633,615
0
122,055
0
1,141,104
58,005
352,707
100,153
359,987
376,239
91 9,916
76,235
33,548
243,037
0
883,658
388,697
5,034,785
2,628,453
153,788
19,162,470
1,041,635
OTHER 614,411 3,547,000 2,777,000 1,384,411
TOTAL 62,854,588 387,737,694 406,020,095 44,572,187
-, 1) II)
I
4 Recommended Changes to City Fee Schedule
Development Related Fees:
EIR - Supplemental
Sewer Connection
Current Proposed Change
10,235.00 5,500.00 (4,735.00)
1,806.00 1,810.00 4.00
General City Fees:
Water Service - Continuity of Service
Water Meter Deposit - Construction Meter
Aquatics - Contract Classes - Aqua X/ Daily Fee Non-Res.
Aquatics - Contract Classes - Aqua X/ Daily Fee Res.
Aquatics - Contract Classes - Master Swim Wkout - Non-Res
Aquatics - Contract Classes - Master Swim Wkout - Res
Aquatics - Per Admission - Adult - Non-Resident
Aquatics - Per Admission - Adult :Resident
New
500.00
4.00
3.00.
40.00
30.00
2.75
1.75
10.00 10.00
560.00 60.00
4.25 0.25
3.25 0.25
42.50 2.50
32.50 2.50
3.00 0.25
i 2.00 0.25
Exhibii
0 1
Chang
-46.26?
0.22?
100.00'
12.00'
6.25'
8.33'
6.25'
8.33'
9.09'
14.29'
c e @
&
Background
The South Carlsbad Library is scheduled for construction in the proposed Capital Improvement
Program for 1997-98. Funding for building the library is currently available utilizing Community
Facilities District (CFD) No. 1 revenues. Construction of the library has been postponed due to
projections of insufficient operating funds since 1992. The library will take approximately two
years to construct and considering current scheduling would open to the public in fiscal year
1999-2000.
Issues
There are issues regarding construction and operation of the South Carlsbad library which
impact the City's operating and capital budgets.
Operating Costs - With the scheduled opening of the larger library, operating costs to the
General Fund would increase. In the first year after opening the new library, the Cole library
would close for its scheduled remodel. Current employees would move to the new library;
however, several positions would need to be filled. To contain costs, four positions are
unfunded in the Library budget; filling those positions would add roughly $150,000 to the
General Fund operating budget. In addition, there would be increased costs to maintain and
operate the new library due to its larger size. For the first year of operations these would be
offset by the decrease in costs of not operating the Cole library while it was undergoing the
remodeling. It is estimated that the net increase over the current budget would be
approximately $300,000 for the first year of operations. This would result in a total increase to
the general fund budget of approximately $450,000. Additional costs may be incurred if Council
wished to continue to provide library service in the northern part of the City during the Cole
Library remodel.
Estimated Increase in ODerating Costs for the South Carlsbad Library
First Year Onqoina Costs
Personnel 150,000 500,000
Maintenance and Operation 300,000 350,000
Total 450,000 850,000
In 2001, after the Cole library is reopened, additional staffing would be required at an estimated
cost of $350,000 bringing the increase over the total current personnel budget to $500,000.
Operating costs would increase by another $50,000. Thus, the cost to staff and operate the
South Carlsbad library and remodeled Cole library is expected to increase the general fund
budget by approximately $850,000 or 2.1 % per year in the future.
e Q L
Y -
d Capital Expenditures - The cost to construct the new library is $1 1.2 million and will require
the CFD's first issuance of bonds. The 1996-97 CIP anticipates a bond issue of $1.5 million
with the remaining $9.7 million available from current balances and projected revenues. However; If development does not keep pace with projections or if costs increase, the bond
issue amount may need to increase. It is anticipated at this time that the bonds may be issued
without having to significantly increase the tax rate in the CFD.
Estimates show that the CFD will support the bond issue, even though the district has a current
delinquency rate of 13%. Recovery of CFD tax delinquencies is calculated into projected CFD
tax rates. After five years, the County will move to collect delinquent property taxes through a
tax sale and the City would recover its proportionate share from the proceeds. CFD tax.
delinquencies would be disclosed when the bonds are issued. It is likely the City would
covenant with bondholders to foreclose on any new CFD delinquencies. Sufficient bonds to
construct the new library could be issued since the taxes paid by most of the district property
owners are current.
Summary and Staff Recommendation
Although the Library is scheduled in the CIP to begin construction in 1997-98, there are still
significant events which could occur and would warrant, once again, postponing the starting
date. The ability to finance the additional operating costs of the new library is still uncertain. We
have not seen any significant growth in total revenues for many years in the General fund. This
has challenged the City each year to find methods to balance the needs of the current
programs with the available revenue stream. Adding the operating costs of a new library to this
equation will increase that challenge.
In addition, the funding is dependent on being able to issue debt from the CFD. The
projections anticipate that the funds will be available as long as development continues at its
current pace. Thus, events which may alter the ability of the City to construct the Library on
the current schedule include:
0 A decrease in the pace of new development within the City which results in less revenues to
0 An increase in the delinquency rate within the CFD or a change in IRS regulations which
the CFD
would limit the ability to issue debt - A decrease in any major source of revenue to the General fund (State take-aways, etc.)
No or minimal overall growth in revenues in the General fund.
Alternatives -
1. Move the planned library improvements back one year, which will defer the opening of the
South Carlsbad library to fiscal year 2000-2001.
2. Maintain the planned construction of the new library beginning in fiscal year 1997-98 and
the subsequent remodel of the Cole library in 1999-2000 as shown in the proposed CIP.
However, instruct staff to review these issues once more with Council before any
commitment is made to move forward with the construction. Council should be aware that,
should the City proceed with the construction of the new library, it may be necessary to
operate the libraries at a reduced level until General fund revenues are sufficient to absorb
@ Q
1 ii
.v
.4 the additional costs.
Staff recommendation is Alternative 2 - maintain the construction of the South Carlsbad library
as set forth in the proposed CIP with the caveat that these issues be reviewed again by Council
prior to authorizing the construction bids.
F: FINANCE \WORD\97BUD\ISSUE STMT LIBRARY