HomeMy WebLinkAbout2013-12-03; City Council; 21444; Annual Financial Report Capital Funds[JARLSBAD - AGENDA BILL
AB# 21.444 ANNUAL FINANCIAL REPORT ON
CAPITAL FUNDS AND SPECIAL TAXES
PURSUANT TO GOVERNMENT CODE
SECTIONS 50075, 66001, AND 66006
DEPT. HEAD Cn^
IVITG. 12/03/13
ANNUAL FINANCIAL REPORT ON
CAPITAL FUNDS AND SPECIAL TAXES
PURSUANT TO GOVERNMENT CODE
SECTIONS 50075, 66001, AND 66006
CITY ATTY. Jf^
DEPT. FIN
ANNUAL FINANCIAL REPORT ON
CAPITAL FUNDS AND SPECIAL TAXES
PURSUANT TO GOVERNMENT CODE
SECTIONS 50075, 66001, AND 66006 CITY MGR. \iA/
RECOMMENDED ACTION:
Adopt Resolufion No.2013-279 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 Secfions 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 facilifies 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
formafion of the Special Tax District. Requirement four is satisfied annually via Government
Code Secfion 50075.3. Government Code Secfion 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 informafion:
1. the amount of funds collected and expended, and
2. the status of any project required or authorized
subdivision (a) of Section 50075.1.
to be funded as identified in
DEPARTMENT CONTACT: Roxanne Muhlmeister 760-602-2417
roxanne.muhlmeister@carisbadca.gov
FOR CITY CLERKS USE ONLY.
COUNCIL ACTION: APPROVED CONTINUED TO DATE SPECIFIC •
DENIED • CONTINUED TO DATE UNKNOWN •
CONTINUED • RETURNED TO STAFF •
WITHDRAWN • OTHER - SEE MINUTES •
AMENDED •
Page 2
The city's Community Facilities District No. 1 and Community Facilifies 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 2013-14 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 informafion required by Code Secfions 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 idenfificafion 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 construcfion of the public improvement will
commence,
8. a descripfion of each interi'und 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 informafion must be made available within 180 days of the end of the fiscal year and
must be reviewed at the next regularly scheduled meefing not less than 15 days after the
informafion 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 appropriafion because outstanding advances
and loans are not included in the fund balance. Cash balances are sufficient for the
remaining appropriafions. No refunds have been made nor are any required. More
information on these funds, and all other capital funds, is available in the 2013-14 Capital
Improvement Program that was adopted by Council in June 2013 and in the Comprehensive
Annual Financial Report that will be available in December 2013.
In addifion to the required annual reporting under Code Secfion 66006, California
Government Code Secfion 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,
X
Page 3
3. identificafion of all sources and amounts of funding anticipated to complete financing
on incomplete improvements, and
4. the approximate dates on which the funding referred to above is expected to be
deposited into the appropriate account or fund.
The informafion to make the findings for the four requirements can be found in the 2013-14
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 informafion required by Code
Section 66006. The attached resolution makes these findings in accordance with Code
Secfion 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 secfion 21065, this acfion does not constitute a "project"
within the meaning of CEQA in that it has no potenfial to cause either a direct physical
change in the environment, or a reasonably foreseeable indirect physical change in the
environment, and therefore, does not require an environmental review.
EXHIBITS:
1. Resolufion No. 2013-279 making certain findings pursuant to California
Government Code Secfions 50075 and 66001.
2. Financial Information Report, Capital Funds and Special Taxes subject to Government
Code Secfions 50075 and 66006.
3. The 2013-14 Capital Improvement Program on file with the City Clerk.
3
Exhibit 1
RESOLUTION NO. 2013-279
3 A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CARLSBAD, CALIFORNIA, TO MAKE
^ CERTAIN FINDINGS PURSUANT TO CALIFORNIA
GOVERNMENT CODE SECTIONS 50075 AND
^ 66001
6 ~
7
WHEREAS, the City of Carisbad 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 Carisbad is required to make certain findings
12 annually with respect to special taxes collected and expended pursuant to
13 California Government Code Secfion 50075; and
WHEREAS, the informafion to make the required findings can be found in
the 2013-14 Capital Improvement Program on file with the City Clerk; and
WHEREAS, these findings need to be made in conjuncfion with the public
informafion required by Code Secfions 50075 and 66006.
15
16
17
18
19 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
2^ Carisbad, California, as follows:
21
22
23
24
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
1. That the above recitations are true and correct.
2. That the following findings are made as required under Government
Code Secfions 50075 and 66006:
1
2
3
4
5
6
7
8
9
10 //
11 //
12 //
13 //
14 //
15 //
16 //
17 //
18 //
19 //
20 //
21 //
22 //
23 //
24 //
25 //
26 //
27 //
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Exhibit 1
developer fee and the purpose for which it is charged.
c. That all sources and amounts of funding anticipated to complete
financing on incomplete improvements have been identified.
d. That the approximate dates on which the funding referred to above is
expected to be deposited into the appropriate fund have been designated.
3. That these findings are based on informafion provided in the City of
Carisbad's 2013-14 Operafing Budget and Capital Improvement Program, which is
incorporated herein by reference.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council ofthe City
of Carlsbad on the 3"^*^ day of December 2013, by the following vote to wit:
AYES:
NOES:
Council Members Hall, Packard, Wood, Blackburn, Douglas.
None.
ABSENT: None.
9
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12
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14
15
16
17
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MATT HALL, Mayor
ATTEST:
BARBARA ENGLESON ,/^tyCI erk
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2013
BRIDGE AND THOROUGHFARE DISTRICT #2
BEGINNING 2012-13 MISC. CAPITAL OTHER ENDING
BALANCE FEES INTEREST REVENUES EXPENDITURES EXPENDITURES BALANCE
Projects:
POINSETTIA LANE - REACHES A.B.C.F.G & AVIARA PKWY REIMB.
POINSETTIA LANE - REACH E 252,991
I 9.079,288T 960,374 18,039 252,991 9,804,710
REMAINING
APPR. + ENC.
AT 6/30/13
2013-14 AND
FUTURE
APPROPRIATIONS
CONSTRUCTION
DATE
PERCENTAGE
PAID BY FEE
388,341
1,489,400
14,172,000
2024-28
2014+
100.00%
100.00%
388,341 15,661,400
Total: 16,049,741
Loan: None
Fee: Fee per
Average Daily
LFMP Zone Trip
5
20
21
$ 326.00
1,691.00
1,365.00
m
5;
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2013
BRIDGE AND THOROUGHFARE DISTRICT #3
BEGINNING 2012-13 OTHER CAPITAL OTHER ENDING
BALANCE FEES INTEREST REVENUE EXPENDITURES EXPENDITURES BALANCE
Projects:
CANNON ROAD - MITIGATION
165,997 121,424 I 304 287,725 I
REMAINING 2013-14 AND
APPR. + ENC. FUTURE CONSTRUCTION PERCENTAGE
AT 6/30/13 APPROPRIATIONS DATE PAID BY FEE
-287,725 in Progress 100.00%
- 1 287,725
100.00%
Total: 287,725
100.00%
Loan: None
Fee: $188/Average daily trip
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 50075 & 66006
YEAR ENDED JUNE 30, 2013
COMMUNITY FACILITIES DISTRICT #1
BEGINNING 2012-13 2012-13 OTHER CAPITAL OTHER ENDING
BALANCE TAXES FEES INTEREST REVENUE (1) EXPENDITURES EXPENDITURES BALANCE
REMAINING 2013-14 AND PERCENTAGE
APPR. + ENC. FUTURE CONSTRUCTION PAID BY
AT 6/30/13 APPROPRIATIONS DATE TAX/FEE
Description
MAINTENANCE AND OPERATIONS CENTER
CIVIC CENTER
LIBRARY EXPANSION (COLE)
VETERAN'S MEMORIAL PARK
ADMINISTRATION COSTS
CFD TAXES
BTD FEES
TRAFFIC IMPACT FEES
PUBLIC FACILITIES FEES
28,530 13,232,013 In Progress 60.76%
72,420
1,655,464
175,490
336,996
454,567
66,583,785 1,655,464 967,053 109,926 6,398 28,530 72,420 I 69.221,676 j
100,000 28,201,400 In Progress 96.67%
-5,166,500 2024-28 39.23%
-23,240,000 2024-28 100.00%
69,691
13,401,704 1 56,607,900
Total: 70.009,604
(1) Consists of district annexation fees and lease revenue for the Hawthorne parking lot.
Loans: None
BTD Fees:
various
Traffic Impact Fee:
$2,390/Unlt - Residential
$95/Trip - Commercial/Industrial
Public Facilities Fee:
1.82% of Building Pennit Value
CFD#1 Tax Rates:
various
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2013
PARK IN LIEU FEES
BEGINNING 2012-13 OTHER CAPITAL ENDING
BALANCE FEES INTEREST REVENUE EXPENDITURES BALANCE
Projects:
NORTHEAST QUADRANT - ROBERTSON RANCH PARK DEVELOPMENT
NORTHWEST QUADRANT - PINE AVENUE PARK -COMMUNITY BLDG - PHASE II
SOUTHEAST QUADRANT - LEO CARRILLO PARK - PHASE III
SOUTHWEST QUADRANT - AVIARA REIMBURSEMENT AGREEMENT
SOUTHWEST QUADRANT - AVIARA COMMUNITY PARK COMMUNITY BLDG
1 (615,769)1 314,252 1 6,214 1 (295.303)1
REMAINING
APPR. + ENC.
AT 6/30/13
2013-14
FUTURE
APPROPRIATIONS
ESTIMATED
CONSTRUCTION
DATE
PERCENTAGE
PAID BY FEE
219,100
2,700,000
1,900,400
886,100
2,856,100
2024-28
2024-28
2016-17
In Progress
2024-28
100.00%
18.11%
45.60%
100.00%
25.56%
219,100 8,342,600
Total: 8,561,700
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 2024-28. Interest is not charged.
Loans not included in ending balance above.
Fee: $3,696 to $5,728/Dwelling Unit (NE,SW,SE Quadrants)
$4,934 to $7,649/Dwelling Unit (NW Quadrant)
o
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2013
ZONES 5.13 AND 16 FEES
BEGINNING 2012-13 CAPITAL ENDING
BALANCE CONTRIB INTEREST EXPENDITURES BALANCE
Proiects:
BUSINESS PARK RECREATIONAL FACILITY
2,659,230 92,342 4,507 2,756,079
REMAINING
APPR. + ENC.
AT 6/30/13
2013-14 AND
FUTURE
APPROPRIATIONS
CONSTRUCTION
DATE
PERCENTAGE
PAID BY FEE
-4,202,400 2024-28 100.00%
-4,202,400
Total: 4,202,400
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, 2013
PLANNED LOCAL DRAINAGE FEE FUND
BEGINNING 2012-13 CAPITAL ENDING
BALANCE FEES INTEREST EXPENDITURES BALANCE
Proiects:
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)
PLD AREA A - MASTER DRAINAGE PLAN PROJECT AFA (Hidden Valley Drainage Restoration)
PLD AREA A - MASTER DRAINAGE PLAN PROJECT ARB (Calavera Hills Drainage Restoration)
PLD AREA B - AGUA HEDIONDA CHANNEL (FACILITY B + BN) 241,946
PLD AREA B - COLLEGE BLVD. BRIDGE (REIMB. FACILITY BL-L)
PLD AREA B - COLLEGE BLVD/CANNON RD (FACILITY BJ 8 + BNB + BJ-1)
PLD AREA B - PARK DRIVE AND TAMARACK AVENUE STORM DRAIN (FACILITY BCA)
PLD AREA B - TAMARACK AND ECR STORM DRAIN AND SILT. BASIN (REIMB. BFB-L + BF-1)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BB 1 and 2 (Washington Street)
PLD AREA 8 - MASTER DRAINAGE PLAN PROJECT BC8 (Magnolia Avenue)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BFA (Country Store)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT 8F8-U (El Camino Real)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT 8L-U (College Blvd. Drainage)
PLD AREA B - MASTER DRAINAGE PLAN PROJECT BM (College Blvd./Canatarini Box Culvert)
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 (PLDA "C 9,954
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 DQB (La Costa Town Center)
PLD AREA D - MASTER DRAINAGE PLAN PROJECT DZ (Poinsettia Lane)
5,580,959 489,643 9,262 251,900 5,827,964
REMAINING 2013-14 AND ESTIMATED
APPR. + ENC. FUTURE CONSTRUCTION PERCENTAGE
AT 6/30/13 APPROPRIATIONS DATE PAID BY FEE
289,534 2024-28 100.00%
-416,500 2024-28 100.00%
58,495 862,913 In Progress 100.00%
-91,608 2024-28 100.00%
-163,164 2024-28 100.00%
1,264,162 100,000 In Progress 100.00%
-1,816,101 2019-23 100.00%
512,196 -In Progress 100.00%
-1,068,613 2013-15 100.00%
-904,329 2024-28 100.00%
-1,086,065 2024-28 100.00%
-468,096 2024-28 100.00%
-963,673 2024-28 100.00%
-138,220 2024-28 100.00%
-384,509 2024-28 100.00%
-204,077 2024-28 100.00%
-131,355 2024-28 100.00%
-180,773 2024-28 100.00%
215,116 -In Progress 100.00%
-727,730 2024-28 100.00%
-529,402 2024-28 100.00%
-167,215 2024-28 100.00%
-429,108 2024-28 100.00%
-256,423 2024-28 100.00%
-232,812 2024-28 100.00%
-745,842 2024-28 100.00%
-642,063 2024-28 100.00%
2,049,969 13,000,125
Total: 15,050,094
Loans: None
Fee Per Gross Acre:
Area A - Buena Vista Lagoon
Area B - Agua Hedionda Lagoon
Area C - Encinas Creek
Area D - Batiquitos Lagoon
Low Runoff Medium Runoff High Runoff
5,697
2,130
2,067
1,960
11,329
4,105
2,924
3,206
24,687
9,226
8.958
8,493
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2013
TRAFFIC IMPACT FEE FUND
BEGINNING 2012-13 OTHER OTHER CAPITAL ENDING
BALANCE FEES INTEREST REVENUE EXPENDITURES EXPENDITURES BALANCE
Projects:
AVENIDA ENCINAS WIDENING - SOUTH OF PALOMAR AIRPORT ROAD
CARLSBAD BLVD. REALIGNMENT / PALOMAR AIRPORT ROAD (SEGMENT 2) (20%)
CARLSBAD BLVD. REALIGNMENT / PALOMAR AIRPORT ROAD (SEGMENT 2) (RTCIP / 20%)
CARLSBAD BOULEVARD REALIGNMENT - CANNON TO MANZANO (SEGMENT 1)
CARLSBAD BOULEVARD WIDENING MOUNTAIN VIEW TO NORTHERLY CITY LIMITS (20%)
CARLSBAD BOULEVARD WIDENING MOUNTAIN VIEW TO NORTHERLY CITY LIMITS (RTCIP/20%)
CARLSBAD VILLAGE DRIVE - PONTIAC TO VICTORIA
EL CAMINO REAL AND CANNON ROAD INTERSECTION IMPROVEMENTS
EL CAMINO REAL AND CARLSBAD VILLAGE DRIVE DUAL LEFT TURNS
EL CAMINO REAL LEFT TURN LANE TO WESTBOUND TAMARACK
EL CAMINO REAL RIGHT TURN LANE TO NORTH ALGA ROAD
EL CAMINO REAL WIDENING - ARENAL ROAD TO LA COSTA AVENUE
EL CAMINO REAL WIDENING - ARENAL ROAD TO LA COSTA AVENUE (RTCIP)
EL CAMINO REAL WIDENING - TAMARACK TO CHESTNUT
EL CAMINO REAL WIDENING - TAMARACK TO CHESTNUT (RTCIP)
MELROSE DRIVE AND ALGA ROAD DUAL LEFT TURN LANES (RTCIP)
MELROSE DRIVE RIGHT TURN LANE TO WEST PALOMAR AIRPORT ROAD
PALOMAR AIRPORT RD. AND COLLEGE BLVD. INTERSECTION IMPROV.
PALOMAR AIRPORT ROAD TURN LANE TO NORTH EL FUERTE STREET
PALOMAR AIRPORT ROAD TURN LANE TO SOUTH EL CAMINO REAL
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 - VARIOUS LOCATIONS
TRAFFIC IMPACT FEE UPDATE
TRAFFIC MONITORING PROGRAM
120
(284,574)
42,558
233,537
2,403
224,663
68,003
I 16,397,691 I 1,453,683 j 33,845 j 120 286,710 I 17,598,629 j
REMAINING 2013-14 AND ESTIMATED
APPR. + ENC. FUTURE CONSTRUCTION PERCENTAGE
AT 6/30/13 APPROPRIATIONS DATE PAID BY FEE
55,369 5,177,000 In Progress 100,00%
-804,400 2024-28 100.00%
-3,175,500 2024-28 100.00%
-6,047,100 2024-28 100.00%
-848,700 2024-28 100.00%
-1,099,000 2024-28 100.00%
-2,675,900 2024-28 100.00%
64,880 524,000 In Progress 100.00%
-976,400 2019-23 100.00%
-286,000 2013-14 100.00%
-378,000 2019-23 100.00%
-1,925,000 2014-15 100.00%
-625,000 2013-15 100.00%
6,523,157 485,000 In Progress 63.43%
401,690 -In Progress 32.88%
-1,067,100 2024-28 100.00%
465,368 -In Progress 100.00%
234,302 -In Progress 66.42%
-1,033,100 2019-23 100.00%
591,000 -In Progress 100.00%
414,766 -In Progress 100.00%
-896,100 2024-28 100.00%
1,584,422 -In Progress 85.19%
1,072,175 2,700,000 Ongoing 100.00%
200,000 -In Progress 100.00%
200,246 1,344,000 In Progress 100.00%
11,807,375 32,067,300
Total: 43,874,675
Loans: - Received a $2,857,238 loan from the CFD #1 Fund for the construction of several circulation element roadways. Repayment is scheduled as fees are collected. Interest is not charged.
- $2,415,662 is still outstanding.
Loans not included in ending balance above.
Fees: $281.00/ADT - Single Family Residential
$281.00/ADT - Condominium
$281.00/ADT - Apartment
$112.00/Trip - Commercial/Industrial
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2013
PUBLIC FACILITIES FEES
REMAINING 2013-14 AND ESTIMATED
BEGINNING 2012-13 OTHER CAPITAL OTHER ENDING APPR. + ENC. FUTURE CONSTRUCTION PERCENTAGE
BALANCE FEES INTEREST REVENUE (1) EXPENDITURES EXPENDITURES BALANCE AT 6/30/13 APPROPRIATIONS DATE PAID BY FEE
Projects:
ALGA NORTE PARK - PARK (30 ACRES) - PHASE 1 11,384,584 6,581,052 -In Progress 100.00%
ALGA NORTE PARK - POOL - PHASE 1 232,978 5.858,090 -In Progress 34.09%
AVIARA COMMUNITY PARK COMMUNITY BUILDING --8,609,800 2024-28 74.44%
EL CAMINO REAL MEDIANS 359 765,111 -In Progress 23.78%
FIRE STATION #3 RELOCATION 271,258 7,244,088 722,000 In Progress 100.00%
FIRE STATION #6 (PERMANENT) 7,960 103,026 -In Progress 100.00%
LEO CARRILLO BARN ---In Progress 100.00%
LEO CARRILLO PARK - PHASE III --1,057,000 2014-17 54.40%
LIBRARY EXPANSION (COLE) --10,603,900 2024-28 60.77%
PINE AVENUE PARK - PINE COMMUNITY BUILDING - PHASE II --8,340,000 2024-28 81.89%
PINE AVENUE PARK-RESTROOM/STORAGE BUILDING 20,754 --Completed 100.00%
POINSETTIA COMMUNITY PARK-PHASE III --15,410,900 2019-23 100.00%
TRAP SIG - CANNON ROAD AND AVENIDA ENCINAS-REIMB. 149,700 In Progress 100.00%
1 53,912,707 1 2,172,545 | 79,102 1 1,564 1 11.917,893 1 13,1811 44,234,844 20,701,067 1 44,743,600
Total: 65,444.667
(1) Includes lease revenue for the Hawthorne parking lot.
Loans: None
Fee: 3.50% of Building Permit Value
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 50075
YEAR ENDED JUNE 30, 2013
COMMUNITY FACILITIES DISTRICT #3 IMPROVEMENT AREA 1(1)
Date of
Issuance
Initial Amount Deposited
To Improvement Fund
Balance at
06/30/2013(2)
Expenditures
To Date (2)
Project
Status
05/11/2006 $ 9,989,741 $ 1,539,942 $ 12,231,780 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 6/30/13 plus expenditures to date and the initial amount deposited.
i5
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 50075
YEAR ENDED JUNE 30, 2013
COMMUNITY FACILITIES DISTRICT #3 IMPROVEMENT AREA 2(1)
Date of
Issuance
Initial Amount Deposited
To Improvement Fund
Balance at
06/30/2013(2)
Expenditures
To Date (2)
Project
Status
02/21/2008 $ 11,844,689 $ 403,277 $ 11,473,044 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 6/30/13 plus expenditures
to date and the initial amount deposited.
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2013
MAJOR FACILITIES FEE FUNDS (POTABLE/RECYCLED WATER)
BEGINNING 2012-13 MISC CAPITAL ENDING
BALANCE FEES INTEREST REVENUE EXPENDITURES BALANCE
Projects:
COLLEGE BOULEVARD - CANNON TO BADGER
DESALINATED SEAWATER TRANSMISSION MAIN
MAERKLE PUMP STATION IMPROVEMENTS
MASTER PLAN UPDATE
RANCHO CARLSBAD GROUNDWATER SUPPLY
SAN LUIS REY MISSION BASIN GROUNDWATER SUPPLY
WATERLINE - COLLEGE BLVD - ECR TO CANNON - REIMBURSEMENT
WATERLINE - POINSETTIA LANE - SKIMMER COURT TO CASSIA
27,323
24,525,923 1,189,539 43,434 -27,323 25,731,573
REMAINING 2013-14 AND ESTIMATED
APPR. + ENC. FUTURE CONSTRUCTION PERCENTAGE
AT 6/30/13 APPROPRIATIONS DATE PAID BY FEE
1,090,000 2014-15 100.00%
-473,000 2013+ 31.53%
-1,955,200 2013+ 100.00%
113,587 -In Progress 100.00%
-1,750.000 2019+ 50.00%
-8,527,500 2014+ 50.00%
1,059,817 -In Progress 100.00%
-741,600 2019-23 100.00%
1,173,404 14,537,300
Total 15,710,704
Loans: None.
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, 2013
SEWER BENEFIT AREA FUNDS (516/517)
BEGINNING 2012-13 OTHER CAPITAL ENDING
BALANCE FEES INTEREST REVENUE EXPENDITURES BALANCE
Projects:
AVIARA LAND ASSOCIATES REIMBURSEMENT AGREEMENT(J,L)
CONTINENTAL REIMBURSEMENT AGREEMENT (H)
KELLY LAND COMPANY REIMBURSEMENT
TERRACES AT SUNNY CREEK REIMBURSEMENT
167,234
50,644
160,953
188,270
1,068,039 558,082 3,430 567,101 1,062,450
REMAINING 2013-14 AND ESTIMATED
APPR. + ENC. FUTURE CONSTRUCTION PERCENTAGE
AT 6/30/13 APPROPRIATIONS DATE PAID BY FEE
354,342 Complete 100.00%
-368,715 Complete 100.00%
-160,148 Complete 100.00%
-187,330 Complete 100.00%
1,070,535
Total: 1,070,535
Loans: None.
Fee: $ 978.00 -Area A
1,113.00
2,051.00
2,055.00
3,031.00
3,047.00
-Area B
-Area C
-Area D
-Area E
-Area F
$ 614.00 -Area G
894.00
1,686.00
1,333.00
1,333.00
66.00
-Area H
-Area J
-Area K
-Area L
-Area M
Areas I and K were merged Into Area L.
0^
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2013
WASTEWATER CONNECTION FEE FUND
BEGINNING 2012-13 OTHER OTHER CAPITAL ENDING
BALANCE FEES INTEREST REVENUE^ EXPENDITURES^ EXPENDITURES BALANCE
Proiects:
ENCINA PHASE V EXPANSION
ENCINA REVENUE BOND DEBT SERVICE
FARADAY/EL CAMINO REAL SEWER REPLACEMENT
LAS PALMAS TRUNK SEWER
MARRON ROAD SEWER REPLACEMENT
SEWER CAPACITY MONITORING PROGRAM
VISTA/CARLSBAD BUENA VISTA LIFT STATION IMPROVEMENTS^
VISTA/CARLSBAD BUENA VISTA LIFT STATION/FORCE MAIN (VC-4)^
VISTA/CARLSBAD INTERCEPTOR - AGUA HEDIONDA LIFT STATION/FORCEMAIN (VC12-VC13)^
VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 11B)='
VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 13-15)^
VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 3)^
913,958
36,777
938,292
2.709
849
465.285
20,996,619 422,823 22,467 1,200,911 26,961 I 2,357,870 | 20,257,989 |
REMAINING 2013-14 AND ESTIMATED
APPR. + ENC. FUTURE CONSTRUCTION PERCENTAGE
AT 6/30/13 APPROPRIATIONS DATE PAID BY FEE
350,547 In Progress 100.00%
-1,853,610 In Progress 100.00%
-1,540,000 2014+ 100.00%
-2,420,000 2014+ 100.00%
-350,000 2014-15 100.00%
90,473 386,000 In Progress 100.00%
-1,075,000 2014+ 10.40%
947,737 -In Progress 10.40%
21,741,841 -In Progress 30.90%
6,166,198 -In Progress 30.90%
14,427,245 -In Progress 43.90%
-2,688,200 2014+ 10.40%
43,724,041 10,312,810
Total: 54,036,851
Loans: None.
(1) Includes transfer in for debt service ($51,119), an EPA grant, and the City of Vista's share of the joint capital projects.
(2) Represents the cost to purchase 3.4% of additional sewer capacity in Reach VC-1 from the City of Vista to accommodate the Quarry Creek development.
(3) 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.
Fee: $1,096 - General Capacity Fee for all Areas