HomeMy WebLinkAbout2010-12-07; City Council; 20414; REPORT CAPITAL FUNDS SPECIAL TAXESCITY OF CARLSBAD - AGENDA BILL
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MTG.
DEPT.
20,414
12/07/10
FIN
ANNUAL FINANCIAL REPORT ON
CAPITAL FUNDS AND SPECIAL TAXES
PURSUANT TO GOVERNMENT CODE
SECTIONS 50075, 66001, AND 66006
DEPT. HEAD ^
CITYATTY. <&>'
CITY MGR. (y^
RECOMMENDED ACTION:
Adopt Resolution No. 2010-267 making certain findings pursuant to California Government
Code Sections 50075 and 66001.
ITEM EXPLANATION:
California Government Code requires the City to annually report the status of certain fees and
special taxes. More specifically, the City must annually make findings regarding any local
special tax measure and any fee established, increased, or imposed after January 1, 1989.
Government Code Sections 50075.1 & 50075.3:
California Government Code Sections 50075 - 50077.5, inclusive, were enacted to earn the
voter's confidence and support of special taxes by demonstrating to the voters that local
agencies spend these funds on the intended facilities and services. To accomplish this goal,
California Government Code Section 50075.1 requires that any local special tax/local bond
measure subject to voter approval:
1. contain a statement indicating the specific purposes of the special tax,
2. have a requirement that the proceeds of the special tax be applied to those purposes,
3. have a separate account into which the proceeds shall be deposited, and
4. have an annual report containing information regarding the use of proceeds.
The first three requirements of Government Code Section 50075.1 are met through the
formation of the Special Tax District. Requirement four is satisfied annually via Government
Code Section 50075.3. Government Code Section 50075.3 requires "the chief fiscal officer of
the local agency to file a report with its governing body no later than January 1, 2002, and at
least once a year thereafter", which contains the following information:
1. the amount of funds collected and expended, and
2. the status of any project required or authorized to be funded as identified in
subdivision (a) of Section 50075.1.
DEPARTMENT CONTACT: Aaron Beanan 760-602-2414 aaron.beanan@carlsbadca.gov
FOR CITY CLERKS USE ONLY.
COUNCIL ACTION: APPROVED
DENIED
CONTINUED
WITHDRAWN
AMENDED
*
D
D
D
D
CONTINUED TO DATE SPECIFIC
CONTINUED TO DATE UNKNOWN
RETURNED TO STAFF
OTHER -SEE MINUTES
D
D
D
D
Page 2
The City's Community Facilities District No. 1 and Community Facilities District No. 3
(Improvement Area 1 and Improvement Area 2) are included under this code section because
they are local special tax measures subject to voter approval. The information to make the
findings can be found in the 2010-11 Capital Improvement Program on file with the City Clerk.
When findings are required by this subdivision, they need to be made in connection with the
public information required by Code Sections 50075 - 50077.5, inclusive. The attached
resolution makes these findings in accordance with Code Section 50075.1. Since these
findings have been made, and the City is in compliance with the Code, no action is required.
Government Code Sections 66001 & 66006:
California Government Code Section 66006 requires local agencies to annually report certain
financial information related to capital funds established to track fees charged in connection
with the approval of a development project. The information required by the Government
Code includes:
1. a description of the fee,
2. the amount of the fee,
3. the beginning and ending balance of the fund,
4. the amount of the fees collected and the interest earned,
5. an identification and amount of each public improvement on which fees were
expended,
6. the total percentage of the project funded by that fee,
7. the approximate date by which the construction of the public improvement will
commence,
8. a description of each interfund transfer or loan, including the project to be funded with
the loan, the approximate date of repayment, and rate of interest, and
9. any refunds made to developers pursuant to the Code.
This information must be made available within 180 days of the end of the fiscal year and
must be reviewed at the next regularly scheduled meeting not less than 15 days after the
information is available.
The attached report provides the information required by the Government Code for the
development fees that fall under this disclosure requirement. In some instances, the ending
fund balance amount is less than the remaining appropriation because outstanding advances
and loans are not included in the fund balance. Cash balances are sufficient for the
remaining appropriations. No refunds have been made nor are any required. More
information on these funds, and all other capital funds, is available in the 2010-11 Capital
Improvement Program that was adopted by Council in June 2010 and in the Comprehensive
Annual Financial Report that will be available in December 2010.
In addition to the required annual reporting under Code Section 66006, California
Government Code Section 66001 requires local agencies to make the following findings
every five years with respect to that portion of the fund remaining unexpended, whether
committed or uncommitted, for the development fee funds:
1. identification of the purpose to which the fee is to be put.
2. demonstration of a reasonable relationship between the fee and the purpose for which
it is charged.
PageS
3. identification of all sources and amounts of funding anticipated to complete financing
on incomplete improvements.
4. the approximate dates on which the funding referred to above is expected to be
deposited into the appropriate account or fund.
The information to make the findings for the four (4) requirements can be found in the 2010-
11 Capital Improvement Program on file with the City Clerk. When findings are required by
this subdivision, they need to be made in connection with the public information required by
Code Section 66006. The attached resolution makes these findings in accordance with Code
Section 66001. Since these findings have been made, and the City is in compliance with the
Code, no refunds are required.
This report, including all the above code sections, was compiled with the audited City
financial records. These audited figures are also available in the City's Comprehensive
Annual Financial Report.
FISCAL IMPACT:
There is no fiscal impact.
ENVIRONMENTAL IMPACT:
Pursuant to Public Resources Code section 21065 and CEQA Guideline section 15738, this
does not constitute a "project" within the meaning of CEQA and therefore, does not require
an environmental review.
EXHIBITS:
1. Resolution No. 2010-267 making certain findings pursuant to California
Government Code Sections 50075 and 66001.
2. Financial Information Report, Capital Funds and Special Taxes subject to Government
Code Sections 50075 and 66006.
3. The 2010-11 Capital Improvement Program on file with the City Clerk.
Exhibit 1
1
RESOLUTION NO. 2010-267
2 "
3 A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CARLSBAD, CALIFORNIA, TO MAKE
4 CERTAIN FINDINGS PURSUANT TO CALIFORNIA
GOVERNMENT CODE SECTIONS 50075 AND5 66001
6
7 „
WHEREAS, the City of Carlsbad is required to make certain findings every
8
five years with respect to the unexpended fund balance of certain development fee
funds pursuant to California Government Code Section 66001; and
WHEREAS, the City of Carlsbad is required to make certain findings
12 annually with respect to special taxes collected and expended pursuant to
13 California Government Code Section 50075; and
14 WHEREAS, the information to make the required findings can be found in
the 2010-11 Capital Improvement Program on file with the City Clerk; and
16
WHEREAS, these findings need to be made in conjunction with the public
information required by Code Sections 50075 and 66006.18
19 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
20 Carlsbad, California, as follows:
21 ..
1. That the above recitations are true and correct.
22
2. That the following findings are made as required under Government23
Code Sections 50075 and 66006:
25 a. That the purpose to which the developer fee and special taxes are to
26 be put has been identified.
27 b. That a reasonable relationship has been demonstrated between the
28
Exhibit 1
1 developer fee and the purpose for which it is charged.
2 c. That all sources and amounts of funding anticipated to complete
3 financing on incomplete improvements have been identified.
4 d. That the approximate dates on which the funding referred to above is
5 expected to be deposited into the appropriate fund have been designated.
6
3. That these findings are based on information provided in the City of
7
Carlsbad's 2010-11 Operating Budget and Capital Improvement Program, which is8
incorporated herein by reference,y
10 I'
11 "
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PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council
of the City of Carlsbad on the 7th day of December, 2010, by the following vote to wit:
AYES: Council Members Lewis, Kulchin, Hall, Packard and Blackburn.
NOES: None.
ABSENT: None.
'. LEWlsT Mayor
ATTEST:
(SEAL)
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 50075
YEAR ENDED JUNE 30, 2010
COMMUNITY FACILITIES DISTRICT #3 IMPROVEMENT AREA 1(1)
Date of
Issuance
05/11/2006
Initial Amount Deposited
To Improvement Fund
$ 9,989,741
Balance at
06/30/2010(2)
$ 1,638,530
Expenditures
To Date (2)
$ 12,107,687
Project
Status
In Progress
(1) Pursuant to Government code section 50075 the following items are required to be disclosed:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of
Section 50075.1 or Section 53410.
(2) Federal grant money, fair share contributions, and interest earnings account for the difference
between the balance at 6/30/10 plus expenditures to date and the initial amount deposited.
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 50075
YEAR ENDED JUNE 30, 2010
COMMUNITY FACILITIES DISTRICT #3 IMPROVEMENT AREA 2(1)
Date of
Issuance
02/21/2008
Initial Amount Deposited
To Improvement Fund
$ 11,844,689
Balance at
06/30/2010(2)
$ 424,472
Expenditures
To Date (2)
$ 11,473,044
Project
Status
In Progress
(1) Pursuant to Government code section 50075 the following items are required to be disclosed:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of
Section 50075.1 or Section 53410.
(2) Interest earnings account for the difference between the balance at 6/30/10 plus expenditures
to date and the initial amount deposited.
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
BRIDGE AND THOROUGHFARE DISTRICT #2
BEGINNING
BALANCE
2009-10
FEES INTEREST
MISC.
REVENUES
CAPITAL
EXPENDITURES
OTHER
EXPENDITURES
ENDING
BALANCE
REMAINING
APPR. + ENC.
AT 6/30/10
2010-11 AND
FUTURE
APPROPRIATIONS
CONSTRUCTION
DATE
PERCENTAGE
PAID BY FEE
POINSETTIA LANE - REACHES A,B,C,F,G & AVIARA PKWY REIMB.
POINSETTIA LANE - REACH E 349,302
1,373,558
13,185,600
2021-25
2013+
100.00%
100.00%
| 8,179,118 212,563 232,723 8,158,958 349,302 14,559,158
Total: 14,908,460
Loan: None
Fee:
LFMP Zone
Fee per
ADT*
5 $
20
21
"Average daily trip
291.00
1,513.00
1,222.00
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
BRIDGE AND THOROUGHFARE DISTRICT #3
BEGINNING
BALANCE
2009-10
FEES INTEREST
OTHER
REVENUE
CAPITAL
EXPENDITURES
OTHER
EXPENDITURES
ENDING
BALANCE
REMAINING
APPR. + ENC.
AT 6/30/10
2010-11 AND
FUTURE
APPROPRIATIONS
CONSTRUCTION
DATE
PERCENTAGE
PAID BY FEE
CANNON ROAD - MITIGATION 100,756 In Progress
185,901 2,896 88,041 100,756 |100,756
Total:100,756
100.00%
Loan: None
Fee: $171/Average daily trip
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 50075 & 66006
YEAR ENDED JUNE 30, 2010
COMMUNITY FACILITIES DISTRICT #1
BEGINNING
BALANCE
2009-10
TAXES
2009-10
FEES INTEREST
OTHER
REVENUE (1)
CAPITAL
EXPENDITURES
OTHER
EXPENDITURES
ENDING
BALANCE
REMAINING
APPR. + ENC.
AT 6/30/10
2010-11 AND
FUTURE
APPROPRIATIONS
CONSTRUCTION
DATE
PERCENTAGE
PAID BY
TAX/FEE
PUBLIC WORKS CENTER
CIVIC CENTER
I-5 AND LA COSTA AVENUE AUXILLIARY LANES
LIBRARY EXPANSION (COLE)
LIBRARY EXPANSION (LEARNING CENTER)
VETERAN'S MEMORIAL PARK
ADMINISTRATION COSTS
CFD TAXES
BTD FEES
TRAFFIC IMPACT FEES
PUBLIC FACILITIES FEES
(1) Consists of district annexation fees.
Loans: None
29,369
81,269
4,022,261 11,812,100
26,100,000
2,000,000
4,763,217
23,239,800
147,526
1,888,985
2,650
144,444
59,713,006 |1 ,888,985 |147,094 |1,529,545 |2,542 |110,638 |147,526 |63,023,008 |4,022,261 |
Total:
67,915,117
71,937,378
In Progress
2016-20
2021-25
2021-25
Complete
2021-25
60.76%
100.00%
100.00%
32.76%
73.16%
100.00%
BTD Fees:
various
Traffic Impact Fee:
$2,242/Unit-Residential
$89.68/Trip - Commercial/Industrial
Public Facilities Fee:
1.82% of Building Permit Value
CFD#1 Tax Rates:
various
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
PARK IN LIEU FEES
BEGINNING
BALANCE
2009-10
FEES INTEREST
OTHER
REVENUE
CAPITAL
EXPENDITURES
ENDING
BALANCE
REMAINING
APPR. + ENC.
AT 6/30/1 0
2010-11 AND
FUTURE
APPROPRIATIONS
ESTIMATED
CONSTRUCTION
DATE
PERCENTAGE
PAID BY FEE
NORTHEAST QUADRANT -
NORTHWEST QUADRANT •
NORTHWEST QUADRANT •
SOUTHEAST QUADRANT -
SOUTHEAST QUADRANT -
SOUTHWEST QUADRANT •
SOUTHWEST QUADRANT -
ROBERTSON RANCH PARK DEVELOPMENT
• PINE AVENUE PARK -COMMUNITY BLDG - PHASE II
• PINE AVENUE PARK-PINE PARK MADISON PROPERTIES, PHASE 1
LEO CARRILLO PARK - PHASE III
LEO CARRILLO PARK - EVENT AREA EXPANSION
• AVIARA REIMBURSEMENT AGREEMENT
• AVIARA COMMUNITY PARK COMMUNITY BLDG
22,920
219,100
(2,212.040)1 51,074 |62,640 |22,920 | (2,121,246)1 219,100 |
Total:
7,294,524
7,513,624
1,800,000
1,751,776
70,000
866,100
-
-
2,806,648
2011 +
2021-25
2010-11
2014-15
Complete
In Progress
2021-25
100.00%
18.11%
100.00%
45.04%
100.00%
100.00%
26.12%
Loans: - Received a $4,550,000 loan from the Public Facilities Fee Fund for the acquisition of the Robertson Ranch Park Site. Repayment is scheduled for 2021-25. Interest is not charged.
Loans not included in ending balance above.
Fee: $3,696 to $5,728/Dwelling
$4,934 to $7,649/Dwelling
FUND 330
FUND 331
FUND 332
FUND 333
Unit (NE.SW.SE Quadrants)
Unit (NW Quadrant)
BFB Fees
13,326 51,074
(3,700,259)
580,050
894,843
Interest Other Rev
1,725
22,649
15,460
22,806
Cap Exp EFB
66,125
(3,677,610)
595,510
22,920 894,729
(2,212,040)51,074 62,640 22,920 (2,121,246)
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
ZONES 5. 13 AND 16 FEES
BEGINNING
BALANCE
2009-10
CONTRIB INTEREST
CAPITAL
EXPENDITURES
ENDING
BALANCE
REMAINING
APPR. + ENC.
AT 6/30/10
2010-11 AND
FUTURE
APPROPRIATIONS
CONSTRUCTION
DATE
PERCENTAGE
PAID BY FEE
Projects^
BUSINESS PARK RECREATIONAL FACILITY 3,400,000 2021-25 100.00%
2,319,239 17,758 62,375 2,399,372 3,400,000
Total:3,400,000
Loans: None
Fee: .40 per square foot/ Industrial & Commercial
Zones 5, 13, 16
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
PLANNED LOCAL DRAINAGE FEE FUND
BEGINNING 2009-10
BALANCE FEES
Projects:
CAPITAL ENDIN
INTEREST EXPENDITURES BALAN
PLD AREA A - MASTER DRAINAGE PLAN PROJECT AAA (Jefferson Street)
PLD AREA A - MASTER DRAINAGE PLAN PROJECT AAAA (Madison Street)
PLD AREA A - MASTER DRAINAGE PLAN PROJECT AC (Highland Drive/Hosp Grove 1 ,854
PLD AREA A - MASTER DRAINAGE PLAN PROJECT AFA (Hidden Valley Drainage Re
PLD AREA A - MASTER DRAINAGE PLAN PROJECT AFB (Calavera Hills Drainage Re
PLD AREA B - AGUA HEDIONDA CHANNEL (FACILITY B
PLD AREA B - BCC DRAINAGE FACILITY (REIMB)
+ BN) 247,214
207,057
PLD AREA B - COLLEGE BLVD. BRIDGE (REIMB. FACILITY BL-L )
PLD AREA B - COLLEGE BLVD/CANNON RD (FACILITY BJ B + BNB + BJ-1) 15,815
PLD AREA B - PARK DRIVE AND TAMARACK AVENUE STORM DRAIN (FACILITY BC
PLD AREA B - TAMARACK AND ECR STORM DRAIN AND SILT. BASIN (REIMB. BFB-
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BB 1 and 2 (Washington Street)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BCB (Magnolia Avenue)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BFA (Country Store)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BFB-U (El Camino Real)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BL-U (College Blvd. Drainage)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BM (College Blvd./Canatarini Bo:
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BQ (Sunnycreek Road)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BR (Canatarini/College Blvd.)
PLD AREA C - CARLSBAD BOULEVARD ENCINAS CREEK BRIDGE REPLACEMENT 1 ,566,558
PLD AREA C - MASTER DRAINAGE PLAN PROJECT C2 (Paseo Del Norte)
PLD AREA C - MASTER DRAINAGE PLAN PROJECT CA (Avenida Encinas)
PLD AREA D - MASTER DRAINAGE PLAN PROJECT DBA (Poinsettia Village)
PLD AREA D - MASTER DRAINAGE PLAN PROJECT DBB (Avenida Encinas)
PLD AREA D - MASTER DRAINAGE PLAN PROJECT DFA (Batiquitos Lagoon)
PLD AREA D - MASTER DRAINAGE PLAN PROJECT DH (Altiva Place Canyon)
PLD AREA D - MASTER DRAINAGE PLAN PROJECT DOB (La Costa Town Center)
PLD AREA D - MASTER DRAINAGE PLAN PROJECT DZ (Poinsettia Lane)
8,426,088 49,936 184,571 2,038,498 6,622
REMAINING 2010-11 AND
G APPR. + ENC. FUTURE
CE AT 6/30/10 APPROPRIATIONS
289,534
416,500
128,146 842,913
91,608
163,164
2,078,587 200,000
304,921
1,816,101.
660,945
1,068,613
904,329
1,086,065
468,096
963,673
138,220
384,509
204,077
131,355
180,773
686,665
727,730
529,402
167,215
429,108
256,423
232,812
745,842
642,063
,097 3,859,264 | 13,080,125
Total: 16,939,389
ESTIMATED
CONSTRUCTION
DATE
2021-25
2021-25
In Progress
2021-25
2021-25
In Progress
Complete
2016-20
In Progress
2016-20
2021-25
2021-25
2021-25
2021-25
2021-25
2021-25
2021-25
2021-25
2021-25
In Progress
2021-25
2021-25
2021-25
2021-25
2021-25
2021-25
2021-25
2021-25
PERCENTAGE
PAID BY FEE
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
PLANNED LOCAL DRAINAGE FEE FUND (Continued)
Loans:None
Fee Per Gross Acre:
Area A -
Area B -
Area C -
Area D -
FUND 350
FUND 351
FUND 352
FUND 353
Buena Vista Lagoon
Agua Hedionda Lagoon
Encinas Creek
Batiquitos Lagoon
BFB
117,121
4,845,031
3,372,864
91,072
8,426,088
Low Runoff
$ 5,270 $
1,970
1,912
1,813
FEES
15,621
28,817
-
5,498
49,936
High Runoff
22,837
8,535
8,287
7,857
INTEREST
3,500
117,569
60,933
2,569
184,571
CAP EXP EFB
1,854 134,388
470,087 4,521,330
1,566,557 1,867,240
99,139
2,038,498 6,622,097
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
TRAFFIC IMPACT FEE FUND
BEGINNING
BALANCE
2009-10
FEES INTEREST
OTHER
REVENUE (1)
OTHER
EXPENDITURES
CAPITAL
EXPENDITURES
ENDING
BALANCE
REMAINING
APPR. + ENC.
AT 6/30/10
2010-11 AND
FUTURE
APPROPRIATIONS
ESTIMATED
CONSTRUCTION
DATE
PERCENTAGE
PAID BY FEE
AVENIDA ENCINAS WIDENING - SOUTH OF PALOMAR AIRPORT ROAD
CARLSBAD BLVRD REALIGNMENT / PALOMAR AIRPORT ROAD (SEGMENT 2) (20%)
CARLSBAD BLVRD REALIGNMENT / PALOMAR AIRPORT ROAD (SEGMENT 2) (RTCIP / 20%)
CARLSBAD BOULEVARD MOUNTAIN VIEW TO NORTHERLY CITY LIMITS (20% FUNDING)
CARLSBAD BOULEVARD MOUNTAIN VIEW TO NORTHERLY CITY LIMITS -(RTCIP/20% FUNDING)
CARLSBAD BOULEVARD WIDENING - CANNON TO MANZANO (SEGMENT 1)
CARLSBAD VILLAGE DRIVE - PONTIAC TO VICTORIA
CFD #3 - PAR TURN LANE TO MELROSE
EL CAMINO REAL AND CARLSBAD VILLAGE DRIVE DUAL LEFT TURNS
EL CAMINO REAL LEFT TURN LANE TO WEST TAMARACK
EL CAMINO REAL RIGHT TURN LANE TO NORTH ALGA ROAD
EL CAMINO REAL / CANNON ROAD INTERCHANGE IMPROVEMENTS
EL CAMINO REAL WIDENING - ARENAL ROAD TO LA COSTA AVENEUE (RTCIP)
EL CAMINO REAL WIDENING - ARENAL ROAD TO LA COSTA AVENEUE
EL CAMINO REAL WIDENING - S. CHESTNUT & S. ALGA
EL CAMINO REAL WIDENING - TAMARACK AVENUE TO CHESTNUT AVE.
EL CAMINO REAL WIDENING - TAMARACK AVENUE TO CHESTNUT AVE. (RTCIP)
MELROSE DRIVE AND ALGA ROAD DUAL LEFT TURN LANES (RTCIP)
MELROSE DRIVE TURN LANE TO WEST PALOMAR AIRPORT ROAD
PALOMAR AIRPORT ROAD AND COLLEGE BOULEVARD
PALOMAR AIRPORT ROAD TURN LANE TO SOUTH EL CAMINO REAL
PALOMAR AIRPORT ROAD TURN LANE TO NORTH EL FUERTE STREET
PALOMAR AIRPORT ROAD WIDENING AT PASEO DEL NORTE
POINSETTIA LANE WIDENING - PASEO DEL NORTE TO BATIQUITOS (RTCIP)
SIDEWALK/STREET CONSTRUCTION - VALLEY AND MAGNOLIA SIDEWALKS
SIDEWALK/STREET CONSTRUCTION - VALLEY AND MAGNOLIA SIDEWALKS (Reimb - 20A)
SIDEWALK/STREET CONSTRUCTION PROGRAM
TRAFFIC IMPACT FEE UPDATE
TRAFFIC MONITORING PROGRAM
TRAFFIC SIGNALS - AVIARA PARKWAY - POINSETTTIA TO EL CAMINO REAL
1,430
2,954
229,674
3,846
1,138,898
5,134
31,606
79,780
395
56,082
76,306
522,115
6,001,043
422,000
583,154
439,076
1,746,241
145,993
19,100
13,184,827 | 1,282,743 | 456,954] 167,130 |1,493,717 | 13,597,937 |
(1) Includes reimbursement from various entities for their fair share contribution on various capital projects.
10,011,110 |
Total:
31,359,252
41,370,362
5,177,000
740,896
2,927,600
782,496
1,012,960
5,574,400
2,466,880
-
899,600
286,000
348,400
589,000
625,040
1,772,160
-
-
983,840
410,000
-
590,720
952,640
-
825,760
955,860
490,000
1,500,000
200,000
1,248,000
-
In Progress
2021-25
2021-25
2021-25
2021-25
2021-25
2021-25
In Progress
2016-20
2012-13
2016-20
2012-13
2014-15
2014-15
In Progress
In Progress
In Progress
2021-25
2010-11
In Progress
2014-15
2016-20
In Progress
2021-25
In Progress
2011-12
Ongoing
2011-12
Ongoing
In Progress
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
34.78%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
3.78%
Loans: - Received a $2,857,238 loan from the CFD #1 Fund for the construction of several circulation element roadways.
- $2,816,498 is still outstanding.
Loans not included in ending balance above.
Repayment is scheduled as fees are collected. Interest is not charged.
Fees: $265.00/ADT - Single Family Residential
$265.00/ADT - Condominium
$265.00/ADT - Apartment
$106.00/Trip - Commercial/Industrial
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
PUBLIC FACILITIES FEES
BEGINNING
BALANCE
Projects:
2009-10
FEES INTEREST
ALGA NORTE PARK - PHASE I - 30 ACRES DEVELOP. (SE QUAD)
OTHER CAPITAL OTHER
REVENUE EXPENDITURES EXPENDITURES
1,112,694
ALGA NORTE PARK - PHASE I I- 50 METER POOL (SE QUAD)
REMAINING
ENDING APPR. + ENC.
BALANCE AT 6/30/10
19,302,159
5,599,547
AVIARA COMMUNITY PARK - COMMUNITY BUILDING
CANNON ROAD AND AVENIDA ENCINAS
EL CAMINO REAL MEDIANS
EL CAMINO REAL MEDIANS - LA COSTA
FIRE STATION #3 - RELOCATION
FIRE STATION #6 - PERMANENT
LEO CARRILLO PARK- PHASE III
LEO CARRILLO BARN
LIBRARY EXPANSION (COLE)
-
-
-
-
13,766
-
26,066
-
149,700
765,470
-
-
129,032
-
473,934
-
PINE AVENUE PARK - PINE COMMUNITY BUILDING - PHASE II
PINE AVENUE PARK -RESTROOMS/STORAGE BLDG
POINSETTIA COMMUNITY PARK - PARKING 305,434
POINSETTIA COMMUNITY PARK - PHASE III (SW QUAD)
47,678,135 2,061,719 1,178,799 1,457,960 12,881
137,442
17,053
49,447,812 26,574,337
Total:
2010-11 AND
FUTURE
APPROPRIATIONS
-
-
7,937,488
-
-
1,390,500
7,630,000
-
1,057,000
-
9,776,000
7,919,958
376,656
-
13,531,440
49,619,042
76,193,379
ESTIMATED
CONSTRUCTION
DATE
In Progress
In Progress
2021-25
In Progress
In Progress
2013+
2010+
In Progress
2013+
In Progress
2021-25
2021-25
2010-11
In Progress
In Progress
PERCENTAGE
PAID BY FEE
100.00%
21.54%
73.88%
100.00%
24.09%
100.00%
94.11%
100.00%
54.96%
100.00%
67.24%
81.89%
79.02%
100.00%
100.00%
Loans:None
Fee:3.50% of Building Permit Value
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
MAJOR FACILITIES FEE FUNDS (POTABLE/RECYCLED WATER)
BEGINNING
BALANCE
Projects:
"D" RESERVOIR
2009-10 MISC CAPITAL E
FEES INTEREST REVENUE EXPENDITURES B
-
CALAVERA HILLS WATER BOOSTER STATION STANDBY GENERATOR
MAERKLE PUMP STATION IMPROVEMENTS
MAERKLE RESERVOIR STORAGE -
MARRON ROAD PRESSURE REGULATING STATION TO O'SIDE
MASTER PLAN UPDATE 243,874
RECYCLED WATER - IRRIGATION SERVICE 1 1 ,759
RECYCLED WATER - INNOVATION WAY/GATEWAY 83,267
WATERLINE - COLLEGE BLVD - CANNON TO BADGER
WATERLINE - COLLEGE BLVD - ECR TO CANNON - REIMBURSEMENT
WATERLINE - EL FUERTE - NORTH OF LOKER - REIMBURSEMENT 64,098
WATERLINE - FARADAY - ORION TO MELROSE - REIMBURSEMENT 234,218
WATERLINE - FARADAY AVENUE EXTENSION - REIMBURSEMENT 401,619
WATERLINE - MELROSE DRIVE - PAR TO FARADAY - REIMBURSEMENT 61,120
WATERLINE - POINSETTIA LANE - EAST OF BLACK RAIL ROAD
WATERLINE - POINSETTIA LANE - EL CAMINO REAL TO SKIMMER COURT
WATERLINE - POINSETTIA LANE - SKIMMER COURT TO CASSIA
20,316,163 1,098,541 577,495 22,090 1,099,955 2
Loans: None.
REMAINING 201 0-11 AND ESTIMATED
NDING APPR. + ENC. FUTURE CONSTRUCTION
ALANCE AT 6/30/10 APPROPRIATIONS DATE
6,666,504 2016-20
502,444 2013-14
1,000,200 2014-15
14,814,280 2011-12
797,888 2021 +
378,917 50,000 In Progress
209,922 - In Progress
561,821 - In Progress
1,066,000 - 2010-11
1,060,000 - 2010-11
185,902 - In Progress
Complete
Complete
1,413,880 - In Progress
239,720 2016-20
130,728 2016-20
398,944 2016-20
0,914,334 4,876,442 24,600,708
Total 29,477,150
PERCENTAGE
PAID BY FEE
75.00%
100.00%
51.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
50.00%
100.00%
44.00%
Fee:$3,549 (5/8" Meter Size). Fees vary depending on meter size.
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
SEWER BENEFIT AREA FUNDS (516/517)
BEGINNING
BALANCE
2009-10
FEES INTEREST
OTHER
REVENUE
CAPITAL
EXPENDITURES
ENDING
BALANCE
REMAINING
APPR. + ENC.
AT 6/30/10
2010-11 AND
FUTURE
APPROPRIATIONS
ESTIMATED
CONSTRUCTION
DATE
PERCENTAGE
PAID BY FEE
AVIARA LAND ASSOCIATES REIMBURSEMENT AGREEMENT(J.L)
CARLSBAD TRUNK SEWER REACHES VCT1A-1C
CONTINENTAL REIMBURSEMENT AGREEMENT (H)
KELLY LAND COMPANY REIMBURSEMENT
TERRACES AT SUNNY CREEK REIMBURSEMENT
1.035,049 | 323,939] 27,636 |
182,213
111,113
129,972
423,298 963,326
Total:
595,678
567,006
565,448
688,893
805,817
3,222,836
3,222,836
Complete
2011-12
Complete
Complete
Complete
100.00%
100.00%
100.00%
100.00%
100.00%
Loans: None.
Fee:$ 955.00
1,087.00
2,003.00
2,007.00
2,960.00
2,976.00
-Area A
-Area B
-Area C
-Area D
-Area E
-Area F
$ 600.00
873.00
1,647.00
1,302.00
1,302.00
64.00
-Area G
-Area H
-Area J
-Area K
-Area L
-Area M
Areas I and K were merged into Area L.
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2010
WASTEWATER CONNECTION FEE FUND
BEGINNING
BALANCE
Projects:
2009-10
FEES INTEREST
(2) VISTA/CARLSBAD INTERCEPTOR - AGUA HEDIONDA LIFT STATION
BUENA VISTA LIFT STATION FORCE MAIN
ENCINA PHASE V EXPANSION
ENCINA REVENUE BOND DEBT SERVICE
SEWER MASTERPLAN UPDATE
WASTEWATER MONITORING PROGRAM
(2) VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 11B)
OTHER CAPITAL
REVENUE (1) EXPENDITURES
1,295,337
64,418
427,731
918,319
88,736
17,000
17,581
ENDING
BALANCE
(2) VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 3)
(2) VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 13-15)
20,927,701 459,555 445,918
31,038
2,414,970 2,860,160 21,387,984
REMAINING
APPR. + ENC.
AT 6/30/10
2010-11 AND
FUTURE
APPROPRIATIONS
ESTIMATED
CONSTRUCTION
DATE
PERCENTAGE
PAID BY FEE (2)
15,656,122
5,617,620
351,325
9,685
60,000
5,703,105
13,700,948
41,098,805 |
Total:
32,982,167
74,080,972
11,000,000
4,651,967
242,000
3,000,000
2,688,200
11,400,000
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
2012-13
In Progress
30.90%
10.40%
100.00%
100.00%
100.00%
100.00%
30.90%
10.40%
43.90%
(1) Includes transfer in for debt service ($50,977) and Vista share of Vista/Carlsbad projects ($2,363,993).
(2) These are joint projects with the City of Vista - the percentage paid by fee is Carlsbad's percentage of the total future appropriations.
Carlsbad is the lead agency and will receive reimbursement from the City of Vista for their share.
Loans: None
Fee: $1,096 - General Capacity Fee for all Areas