HomeMy WebLinkAbout2017-12-05; City Council; ; Adopt a Resolution Accepting the Annual Financial Information Report on Capital Project Funds and Special TaxesThe information to make the findings can be found in the city's Fiscal Year 2017-18 Capital
Improvement Program as adopted by City Council on June 13, 2017. 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, and if adopted, the city will be in compliance with the
Code .
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 ofthe 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 inter-fund 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.
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 current
appropriations. No refunds have been made nor are any required. More information on these
funds, and all other capital funds, is available in the city's Fiscal Year 2017-18 Capital
Improvement Program and in the Fiscal Year 2016-17 Comprehensive Annual Financial Report.
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,
3. identification 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 information to make the findings for the four requirements can be found in the city's Fiscal
Year 2017-18 Capital Improvement Program. When findings are required by this subdivision,
December 5, 2017 Item #1 Page 2 of 19
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, and if
adopted, the city will be in compliance with the Code.
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 Fiscal Year 2016-17 Comprehensive
Annual Financial Report.
Fiscal Analysis
There is no fiscal impact in making these findings pursuant to California Government Code
Sections 50075, 66001 and 66006.
Next Steps
Accept and file the annual Financial Information Report on Capital Project Funds and Special
Taxes for Fiscal Year Ended June 30, 2017.
Environmental Evaluation (CEQA)
Pursuant to Public Resources Code section 21065, this action does not constitute a "project"
within the meaning of CEQA in that it has no potential 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 environmental review.
Public Notification
This item was noticed in accordance with the Ralph M . Brown Act and was available for viewing
at least 72 hours prior to the meeting date.
Exhibits
1. Resolution accepting the Annual Financial Information Report on Capital Project Funds
and Special Taxes for Fiscal Year Ended June 30, 2017 (Attachment A) pursuant to
California Government Code Sections 50075, 66001 and 66006.
December 5, 2017 Item #1 Page 3 of 19
RESOLUTION NO. 2017-221
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, ACCEPTING THE ANNUAL FINANCIAL INFORMATION
REPORT ON CAPITAL PROJECT FUNDS AND SPECIAL TAXES PURSUANT TO
CALIFORNIA GOVERNMENT CODE SECTIONS 50075, 66001 AND 66006
WHEREAS, the City Council of the City of Carlsbad, California is required to make certain
findings every 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 annually with respect
to special taxes collected and expended pursuant to California Government Code Section 50075;
and
WHEREAS, the information to make the required findings can be found in the Fiscal Year
2017-18 Capital Improvement Program as adopted by City Council on June 13, 2017; and
WHEREAS, these findings need to be made in conjunction with the public information
required by California Government Code Sections 50075 and 66006 and these findings are
contained in the Financial Information Report for the year ended June 30, 2017 and is attached
as Attachment A.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as
follows:
1. That the above recitations are true and correct.
2. That the following findings are made as required under California Government
Code Sections 50075 and 66006:
a. That the purpose to which the developer fee and special taxes are to be put has
been identified.
b. That a reasonable relationship has been demonstrated between the developer
December 5, 2017 Item #1 Page 4 of 19
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 information provided in the City of Carlsbad's
Fiscal Year 2017-18 Capital Improvement Program and Fiscal Year 2016-17
Comprehensive Annual Financial Report, which is incorporated herein by
reference.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of
Carlsbad on the 2_!h day of December, 2017, by the following vote, to wit:
AYES:
NOES:
ABSENT:
M. Hall, K. Blackburn, M. Schumacher, C. Schumacher, M. Packard.
None.
None.
(SEAL)
December 5, 2017 Item #1 Page 5 of 19
BRIDGE AND THOROUGHFARE DISTRICT #2
BEGINNING
BALANCE FEES INTEREST
07/01/16 COLLECTED EARNED
Projects:
POINSETTIA LANE -REACHES A,B,C,F,G & AVIARA PKWY REIMB.
POINSETTIA LANE -REACH E CASSIA ROAD TO SKIMMER COURT
MISC.
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
ENDING
CAPITAL OTHER BALANCE
REVENUES EXPENDITURES EXPENDITURES 06/30/17
36,395
BALANCE OF CURRENT
APPROPRIATIONS
AT6/30/17
10,787,945
2017-1 8AND
FUTURE
APPROPRIATIONS
1,168,833
2,995,200
I 11,132,537 I I 28,624 I 30,626 I 36,395 I I 11,155,392 I I 10,787,945 I 4, 164,033 1
Total: 14,951,978
Loans: None
Fee:
LFMP Zone
5
20
21
Fee per
Average Daily
Trip
$ 358.00
1,855.00
1,498.00
ESTIMATED
CONSTRUCTION
DATE
2028-32
2018+
PERCENTAGE
PAID BY FEE
100%
100%
~ QJ n :::r
3 ro
:::i ..-+
)>
December 5, 2017 Item #1 Page 6 of 19
BRIDGE AND THOROUGHFARE DISTRICT #3
BEGINNING
BALANCE FEES INTEREST
07/01/16 COLLECTED EARNED
Projects:
BTD #3 RECONCILIATION AND CLOSEOUT
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
ENDING
MISC. CAPITAL OTHER BALANCE
REVENUES EXPENDITURES EXPENDITURES 06/30/17
1,241
BALANCE OF CURRENT 2017-18AND
APPROPRIATIONS FUTURE
AT 6/30/17 APPROPRIATION~
123,759
I 596,809 I 78,336 I <s39 I I 1,24tT I 675,443 I I 123,759 I -I
Total: 123,759
Loan: None
Fee: $204/Average daily trip
ESTIMATED :I CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
In Progress 100%
December 5, 2017 Item #1 Page 7 of 19
COMMUNITY FACILITIES DISTRICT #1
Description
MAINTENANCE AND OPERATIONS CENTER
CIVIC CENTER
COLE LIBRARY EXPANSION
VETERAN'S MEMORIAL PARK
ADMINISTRATION COSTS
CFD TAXES
STD FEES
TRAFFIC IMPACT FEES
PUBLIC FACILITIES FEES
BEGINNING
BALANCE TAXES
07/01/16 COLLECTED
2,059,001
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 50075 & 66006
YEAR ENDED JUNE 30, 2017
ENDING
FEES INTEREST CAPITAL I OTHER I BALANCE
COLLECTED EARNED EXPENDITURES EXPENDITURES 06/30/17
58,271
99,521
1,590
150,780
670,639
BALANCE OF CURRENT 2017-18 AND J ESTIMATED ~ PERCENTAGE
APPROPRIATIONS FUTURE CONSTRUCTIO PAID BY
AT 6/30/17 PPROPRIATION DATE TAX/FEE
13,839,862 1,31 1,000 In Progress 62%
149,046 31,330,000 2023-27 100%
5,814,000 2028-32 32%
23,240,000 2028-32 100%
44,658 330,000 N/A 100%
I 7s,eo2,222 I 2.ose.001 I 823,ooe I 1s3,42e I 58,271 I ee.s21 I 81,soe,8ee 1 [ 14,033,566 ! e2.02s.000J
Total: 76,058,566
Loans: None
STD Fees:
various
Traffic Impact Fee:
$2,740 per unit -Residential-Single Family
$2,192 per unit - Residential-Condominium
$1,644 per unit -Residential-Apartment
$109 per trip -Commercial/Industrial
Public Facilities Fee:
1.82% of Building Permit Value
CFD#1 Tax Rates:
various
December 5, 2017 Item #1 Page 8 of 19
PARK IN LIEU FEES
BEGINNING
BALANCE FEES INTEREST
07/01/16 COLLECTED EARNED
Projects:
ROBERTSON RANCH PARK DEVELOPMENT -NORTHEAST QUADRANT
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
ENDING
OTHER I CAPITAL BALANCE
REVENUE EXPENDITURES 06/30/17
PINE AVENUE PARK -COMMUNITY FACILITY AND GARDEN AREAS -NORTHWEST QUADRANT
LEO CARRILLO PARK -PHASE Ill -SOUTHEAST QUADRANT
1,142,850
3,468
AVIARA REIMBURSEMENT AGREEMENT -SOUTHWEST QUADRANT
AVIARA COMMUNITY PARK GATHERING SPACE AND PICNIC AREAS -SOUTHWEST QUADRANT 54,961
BALANCE OF CURRENT 2017-18AND
APPROPRIATIONS FUTURE
AT 6/30/17 APPROPRIATIONS
200,000 2,500,000
752,883 240,000
954,818 375,000
219,100
2,558,409 4,000
l 2,348,223 l 1,295,756 l 26,876 l l . ~201,279 l 2,469,576 l I --4,685,210 j 3,119,000 I
Total: 7,804,210
Loans: Received a $4,550,000 loan from the Public Facilities Fee Fund in 2007 for the acquisition of the Robertson Ranch Park Site. Land was purchased in 2008.
Repayment is scheduled for 2028-32. Interest is not charged on this loan.
Received a $1,900,000 loan from the Public Facilities Fee Fund in 2016 for the Aviara and Pine Avenue Community Park capital imrovement projects.
Repayment is scheduled starting in 2019 as funds become available. Interest is not charged on this loan.
Loans are not included in the ending balance above.
Fee: $3,696 to $5,728/Dwelling Unit (NE.SW.SE Quadrants)
$4,934 to $7,649/Dwelling Unit (NW Quadrant)
Beg Balance Fees
FUND 330 NW 1,531 ,548 246,372
FUND 331 NE (3,207,622) 992,104
FUND 332 SW 1,672,034 45,824
FUND 333 SE 2,352,263 11,456
2,348,223 1,295,756
Interest Other Rev Cap Exp
6,821 1,142,850
6,446
7,032 54,961
6,577 3,468
26,876 1,201,279
End Balance
641,891
(2,209,072)
1,669,929
2,366,828
2,469,576
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
2028-32 26%
In Progress 18%
In Progress 48%
In Progress 100%
In Progress 80%
December 5, 2017 Item #1 Page 9 of 19
INDUSTRIAL COORIDOR FEES (ZONES 5, 13 AND 16-18}
BEGINNING
BALANCE FEES
07/01/16 COLLECTED
Projects:
BUSINESS PARK RECREATIONAL FACILITY
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
ENDING BALANCE OF CURRENT
INTEREST CAPITAL BALANCE APPROPRIATIONS
EARNED EXPENDITURES 06/30/17 AT 6/30/17
2017-18 AND
FUTURE
APPROPRIATIONS
4,621,000
1 3,280,094 1 411,947 1 8,568 1 1 3,700,609 1 [ ~~ ~_ r 4,621.000 I
Total: 4,621,000
Loans: None
Fee: $0.40 per square foot on new industrial & commercial construction
Zones 5, 13, 16, 17, 18
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
2028-32 41 %
December 5, 2017 Item #1 Page 10 of 19
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
TRAFFIC IMPACT FEES
BEGINNING
BALANCE FEES INTEREST OTHER
07/01/16 COLLECTED EARNED REVENUE(1)
Projects:
AVENI DA ENCINAS WIDENING -SOUTH OF PALOMAR AIRPORT ROAD
CARLSBAD BLVD. REALIGNMENT I PALOMAR AIRPORT ROAD (SEGMENT 2)
CARLSBAD BOULEVARD WIDENING MOUNTAIN VIEW TO NORTHERLY CITY LIMITS
CARLSBAD VILLAGE DRIVE WIDENING -PONTIAC DR. TO VICTORIA AVE.
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 AVE.
EL CAMINO REAL RIGHT TURN LANE;: TO EAST BOUND ALGA ROAD
EL CAMINO REAL WIDENING -ARENAL ROAD TO LA COSTA AVENUE
EL CAMINO REAL WIDENING -TAMARACK TO CHESTNUT
MELROSE DRIVE AND ALGA ROAD DUAL LEFT TURN LANES
MELROSE DRIVE RIGHT TURN LANE TO WEST BOUND PALOMAR AIRPORT ROAD
PALOMAR AIRPORT RD. AND COLLEGE BLVD. INTERSECTION IMPROV.
PALOMAR AIRPORT ROAD TURN LANE TO NORTH EL FUERTE STREET
POINSETIIA LANE WIDENING -PASEO DEL NORTE TO BATIQUITOS DR.
SIDEWALK/STREET CONSTRUCTION -VALLEY ST. AND MAGNOLIA AVE.
SIDEWALK/STREET CONSTRUCTION -VARIOUS LOCATIONS
TERRAMAR AREA COASTAL IMPROVEMENTS
TRAFFIC IMPACT FEE UPDATE
TRAFFIC MONITORING PROGRAM
I .I ENDING I OTHER CAPITAL BALANCE
EXPENDITURES EXPENDITURES 06/30/17
330,182
2,777,326
78,921
45,449
386,944
10,725
63,905
I BALANCE OF CURRENT 2017-18 AND
APPROPRIATIONS FUTURE
AT 6/30/17 APPROPRIATIONS
5,177,000
4,479,000
2,192,000
3,012,000
1,526,615 136,000
1,099,000
286,000
425,000
2,550,000
1,201,000
465,368
149,944
1,163,000
1,009,000
1,736,272
2,143,914 1,800,000
2,221,229 750,001
189,275
331,536 960,000
r · 16.?CJ2,136J 2,852,449 1 38,148 1 150,438 1 1 3,693,452 1 1a,aTsT1sJ I 9,050,153 1 25,953,001 I
Total: 35,003,154
(1) Consists of revenue received from property owners for their fair share of traffic and street project costs.
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.
-$2,070,958 is still outstanding.
Loans are not included in the ending balance above.
Fees: $3,230 per unit-Residential-Single Family
$2,584 per unit -Residential-Condominium
$1,938 per unit -Residential-Apartment
$129 per trip -Commercial/Industrial
ESTIMATED
CONSTRUCTlm PERCENTAGE
DATE PAID BY FEE
2018-19 100%
2028-32 24%
2028-32 24%
2028-32 100%
In Progress 100%
2023-27 100%
In Progress 100%
2023-27 100%
2018-19 100%
Completed 67%
2028-32 100%
In Progress 100%
In Progress 100%
2023-27 100%
2028-32 100%
In Progress 54%
Ongoing 100%
In Progress 67%
In Progress 100%
Ongoing 100%
December 5, 2017 Item #1 Page 12 of 19
PUBLIC FACILITIES FEES
BEGINNING
BALANCE FEES
07/01/16 COLLECTED
Projects:
AVIARA COMMUNITY PARK IMPROVEMENTS
EL CAMINO REAL MEDIANS
FIRE STATION NO. 3 RELOCATION
LEO CARRILLO PARK -PHASE 3
COLE LIBRARY EXPANSION
INTEREST
EARNED
PINE AVENUE PARK -COMMUNITY FACILITY AND GARDEN AREAS
POINSETTIA COMMUNITY PARK IMPROVEMENTS
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
OTHER
REVENUE (1)
CAPITAL
EXPENDITURES
46,282
21 ,516
80,796
475,956
141,626
ENDING BALANCE OF CURRENT
BALANCE APPROPRIATIONS
06/30/17 AT 6/30/17
300,000
213,719
723,024
1,218,760
8,919,973
3,984,504
2017-18AND
FUTURE
APPROPRIATIONS
400,000
3,750
11,588,000
13,300
13,592,000
C31,867,049 j . 6,342,879 j 90,757 j 67,881 ! 766,176 ! 37,602,390 ! G:c 15,359,980 ! 25,597,050 I
Total: 40,957,030
(1) Consists of rental income received on city owned property.
Loans: None
Fee: 3.50% of Building Permit Value
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
In Progress 20%
In Progress 31%
In Progress 100%
In Progress 52%
2028-32 63%
In Progress 82%
In Progress 100%
December 5, 2017 Item #1 Page 13 of 19
PARKING IN LIEU FEE-VILLAGE AREA
BEGINNING
BALANCE FEES
07/01/16 COLLECTED
Projects:
DOWNTOWN PARKING LOT LEASE PAYMENTS (1)
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
ENDING BALANCE OF CURRENT
INTEREST BALANCE APPROPRIATIONS
EARNED EXPENDITURE::: 06/30/16 AT 6/30/17
43,871
2017-18 AND
FUTURE
APPROPRIATIONS
44,288
I 578,436 I 238,440 I 2,984 I 43,871 I 775,989 I I I 44,2881
Total: 44,288
(1) The city currently leases parking lot areas from North County Transit District on an ongoing basis for village area parking.
Loans: None
Fee: $11,240 per parking space
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
N/A 100%
December 5, 2017 Item #1 Page 14 of 19
HABITAT MITIGATION FEE
BEGINNING
BALANCE FEES INTEREST
07/01/16 COLLECTED EARNED
Projects:
PAYMENT MADE ON GENERAL FUND LOAN
FUTURE PAYMENTS DUE ON GENERAL FUND LOAN
FINANCIAL INFORMATION REPORT
FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
ENDING BALANCE OF CURRENT
BALANCE APPROPRIATIONS
EXPENDITUREE 06/30/17 AT 6/30/17
141,606
277,120
2017-18AND
FUTURE
APPROPRIATIONS
j 3,155 j 138,781 ! [ ~fh606~,~~-33() j I 277,120 [ -I
Total: 277,120
Loans: Received a $759,028 cash advance from the General Fund for the purchase of habitat land in 2011 .
Repayment is scheduled as sufficient cash becomes availabe. Interest is charged annually on this loan.
Current loan balance including accrued interest is $277,120.
Fee: $31,943 per impacted acre-Coastal Sage Scrub
$15,972 per impacted acre-Non-NativeGrassland
$3,195 per impacted acre-Agricultural Land, Disturbed Land, Eucalyptus Wood
ESTIMATED
CONSTRUCTION
DATE
N/A
N/A
PERCENTAGE
PAID BY FEE
100%
100%
December 5, 2017 Item #1 Page 15 of 19
AGRICULTURAL MITIGATION FEE
BEGINNING
BALANCE FEES INTEREST
07/01/16 COLLECTED EARNED
Projects:
COMMUNITY GRANTS AND CONTRIBUTIONS
FINANCIAL INFORMATION REPORT
FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
ENDING BALANCE OF CURRENT
BALANCE APPROPRIATIONS
EXPENDITURES 06/30/16 AT 6/30/17
140,130 400,598
2017-18 AND
FUTURE
APPROPRIATIONS
1 1,233,091 c~----so.5oo 1 3,400 1 140,130, 1,146,861, I ~----400,598' -I
Total: 400,598
Loans: None
Fee: $10,000 per acre
The Agricultural Mitigation Fee Committee meets annually to award community grants based on the available cash balance in the fund.
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
N/A 100%
December 5, 2017 Item #1 Page 16 of 19
MAJOR FACILITIES FEE FUNDS (POTABLE/RECYCLED WATER)
BEGINNING 2016-17
BALANCE FEES INTEREST
Projects:
COLLEGE BOULEVARD -CANNON TO BADGER (375 ZONE)
COLLEGE BOULEVARD -CANNON TO BADGER (490 ZONE)
DESALINATED SEAWATER TRANSMISSION MAIN
MAERKLE PUMP STATION IMPROVEMENTS
POINSETIIA LANE -CASSIA TO SKIMMER
RANCHO CARLSBAD GROUNDWATER SUPPLY
SAN LUIS REY MISSION BASIN GROUNDWATER SUPPLY
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
MISC
REVENUE
CAPITAL
EXPENDITURES
2,811
236
ENDING
BALANCE
I 28.132.311 I 1.857.191 I 75,740 I I 3,041 I 30.062.201 I
REMAINING
APPR. + ENC.
7AT6/30/17
1,059,817
1,090,000
60,719
236
300,000
27,500
2,538,2721
Total
Loans: None.
Fee: $4,013 (5/8" Meter Size). Fees vary depending on meter size.
2017-18 AND ESTIMATED
FUTURE CONSTRUCTION PERCENTAGE
APPROPRIATIONS DATE PAID BY FEE
In Progress 100%
In Progress 100%
In Progress 33%
1,940,000 In Progress 100%
In Progress 100%
1,750,000 2022+ 50%
8,500,000 In Progress 50%
12. 190.000 I
14,728,272
December 5, 2017 Item #1 Page 17 of 19
WASTEWATER CONNECTION FEE FUND
BEGINNING 2016-17 OTHER
BALANCE FEES INTEREST REVENUE1
Projects:
55012 BUENA INTERCEPTOR SEWER/MANHOLE REHAB.
58031 ENCINA PHASE V EXPANSION
55391 FARADAY/EL CAMINO REAL SEWER REPLACEMENT
55401 LAS PALMAS TRUNK SEWER
55411 MARRON ROAD SEWER REPLACEMENT
55041 SEWER CAPACITY MONITORING PROGRAM
55351 VISTA/CARLSBAD BUENA VISTA LIFT STATION IMPROVEMENTS2
55082 VISTA/CARLSBAD BUENA VISTA LIFT STATION/FORCE MAIN (VC-4)2
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
OTHER CAPITAL ENDING
EXPENDITURES EXPENDITURES BALANCE
8,188
34921 VISTA/CARLSBAD INTERCEPTOR-AGUA HEDIONDA LIFT STATION/FORCEMAIN (VC12-VC13)2
38861 VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 118)2
38,885
13,606
236
10,416,808
2,530,717
11,435,454 39491 VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 13-15)2
39501 VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 3)2
I 11,816,859 I 1,378,891 I (424)! 15,284,214 I I 24,443,894 I 10,03s,s41 I
REMAINING 2017-18 AND ESTIMATED
APPR. + ENC. FUTURE CONSTRUCTION PERCENTAGE
AT 6/30/17 APPROPRIATIONS DATE PAID BY FEE
466,638 In Progress 13%
In Progress 100%
140,000 1,400,000 In Progress 100%
2,420,000 In Progress 100%
In Progress 100%
115,061 330,000 In Progress 100%
359,967 750,000 In Progress 10%
(1) In Progress 10%
7,420,336 617,000 In Progress 31%
745,838 883,000 In Progress 31 %
2,513,261 450,000 In Progress 44%
2,688,200 2018+ 10%
11,161,100 I 9,538,200
Total: 21 ,299,300
Loans: -Received a $4,700,000 loan from the Wastewater Replacement Fund . Repayment is scheduled for 2027-2031. Interest is not charged on this loan. This loan is not included in the ending balance above.
(1) Includes the City of Vista's share of the joint capital projects.
(2) These are joint projects with the City of Vista -the percentage shown as paid by fee is Carlsbad's construction percentage of the total future appropriations. Non-construction Carlsbad percentages are 35%.
Carlsbad is the lead agency and will receive reimbursement from the City of Vista for their share.
Fee: S899 -General Capacity Fee for all Areas
December 5, 2017 Item #1 Page 18 of 19
SEWER BENEFIT AREA FUNDS (516/5171
BEGINNING 2016-17
BALANCE FEES INTEREST
Projects:
AVIARA LAND ASSOCIATES REIMBURSEMENT AGREEMENT(J,L)
CONTINENTAL REIMBURSEMENT AGREEMENT (H)
PLUM TREE WALK (I)
MISCELLANEOUS PROJECTS (I)
NO MAN IS (F)
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
YEAR ENDED JUNE 30, 2017
OTHER OTHER
REVENUE EXPENDITURES
73,019
5,740
CAPITAL
EXPENDITURES
27,044
4,478
ENDING
BALANCE
REMAINING
APPR. + ENC.
AT 6/30/17
2017-18AND
FUTURE
APPROPRIATIONS
250,020
102,253
I 1,646,4691 1,747,721 I 7,0121 5,740 I . 73,019 I 31,522 I 3,302,401 I E I 352,Fn
Total: 352,273
Loans: None.
Fee: $ 1,074.00 -Area A $ 675.00 -Area G
1,222.00 -Area B 982.00 -Area H
2,252.00 -Area C 1,852.00 -Area J
2,257.00 -Area D 1,464.00 -Area K
3,329.00 -Area E 1,464.00 -Area L
3,347.00 -Area F 72.00 -Area M
Areas I and K were merged into Area L.
ESTIMATED
CONSTRUCTION
DATE
Complete
Complete
Complete
Complete
Complete
PERCENTAGE
PAID BY FEE
100%
100%
100%
100%
100%
December 5, 2017 Item #1 Page 19 of 19