HomeMy WebLinkAbout2019-12-17; City Council; ; Annual Financial Information Report on Capital Project Funds and Special TaxesCITY COUNCIL
Staff Report
Meeting Date
To:
From:
Staff Contact:
Dec. 17,2019
Mayor and City Council
Scott Chadwick, City Manager
Jill Moya, Senior Accountant
jill.moya@carlsbadca.gov or 760-602-2428
CA Review l)\}t,
Subject: Annual Financial Information Report on Capital Project Funds and Special
Taxes
Recommended Action
Adopt a resolution accepting the Annual Financial Information Report on Capital Project Funds
and Special Taxes pursuant to California Government Code Sections 50075, 66001 and 66006.
Executive Summary
California Government Code requires the City of Carlsbad to report the status of certain fees
and special taxes annually. More specifically, the City Council must annually make findings
regarding any local special tax measure and any fee established, increased, or imposed after
Jan. 1, 1989. The required findings are included in Attachment A of Exhibit 1.
Discussion
California Government Code Sections 50075 -50077.5, inclusive, were enacted to gain the
voter's confidence and support of special taxes by demonstrating to the voters that local
agencies will spend special tax 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. Utilize 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 California Government Code Section 50075.1 are met through
the formation of the Special Tax District. Requirement four is satisfied annually via California
Government Code Section 50075.3 which requires "the chief fiscal officer of the local agency to
file a report with its governing body no later than Jan. 1, 2002, and at least once a year
thereafter," which contains:
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.
The information to make findings can be found in the city's fiscal year 2019-20 Capital
Improvement Program as adopted by City Council on June 18, 2019. 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
California Government Code Section 50075.1.
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 California
Government Code includes:
1. A description of the fee;
2. The amourit of the fee;
3. The beginning and ending balance of the fund;
4. The amount of the fees collected and 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 all information required by California Government Code Section
66006 for 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 appro~riations. No refunds have been made nor are any required. More
information on these funds, and all other capital funds, are available in the city's fiscal year
2019-20 Capital Improvement Program and in the fiscal year 2018-19 Comprehensive Annual
Financial Report.
In addition to the required annual reporting under California Government Code Section 66006,
California Government Code Section 66001 requires local agencies to make the following
findings every five years with respect to the 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.
Dec. 17, 2019 Item #1 Page 2 of 19
The information to make the findings for the four requirements can be found in the city's fiscal
year 2019-20 Capital Improvement Program. 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,
and if adopted, the city will be in compliance with California Government Code Section 66001.
This report, including all the above code sections, was compiled from data derived from the
audited city financial records. These audited figures will be also available in the city's fiscal year
2018-19 Comprehensive Annual Financial Report.
Fiscai Analysis
None.
Next Steps
Accept and file the Annual Financial Information Report on Capital Project Funds and Special
Taxes for fiscal year ended June 30, 2019.
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 scheduled meeting date.
Exhibits
1. City Council Resolution
Dec. 17, 2019 Item #1 Page 3 of 19
RESOLUTION NO. 2019-256
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 is required to make certain findings
annually with respect to special taxes collected and expended pursuant to California
Government Code Section 50075.1; and
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 annually report certain financial
information related to capital funds established to track fees charged in connection with the
approval of a development projects pursuant to California Government Code Section 66006;
and
WHEREAS, the information to make the required findings can be found in the Fiscal Year
2019-20 Capital Improvement Program as adopted by City Council on June 18, 2019; and
WHEREAS, these findings need to be made in conjunction with the public information
required by California Government Code Sections 50075, 66001, and 66006 and these findings
are contained in the Financial Information Report for the fiscal year ended June 30, 2019 and is
included in 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.
Dec. 17, 2019 Item #1 Page 4 of 19
2. That the following findings are made as required under California Government
Code Sections 50075, 66001 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
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 contained in the City of Carlsbad's
Fiscal Year 2019-20 Capital Improvement Program and Fiscal Year 2018-19
Comprehensive Annual Financial Report, which is incorporated herein by
reference.
PASSED, APPROVED AND ADOPTED at a regular meeting ofthe City Council ofthe City of
Carlsbad on the 17th day of December 2019, by the following vote, to wit:
AYES: Hall, Blackburn, Bhat-Patel, Schumacher.
NAYS: None.
ABSENT: None.
MA H LL, Mayor
~ //ecldf {jwq2 / fkpv#)
cl ~ EN~ City Clerk C,'r}
C Jen~
(SEAL)
Dec. 17, 2019 Item #1 Page 5 of 19
BRIDGE AND THOROUGHFARE DISTRICT #2
BEGINNING
BALANCE FEES INTEREST
7/1/2018 COLLECTED EARNED
Projects:
POINSETTIA LANE -REACHES A,B,C,F,G & AVIARA PKWY REIMB.
POINSETTIA LANE -REACH E CASSIA ROAD TO SKIMMER COUR1
Loans: None
Fee:
LFMP Zone
5
20
21
I s 11,447,0751 s
Fee per
Average Daily
Trip
$387.00
2,005
1,620
LFMP -Local Facilities Management Plan
302,370 I s 449,440 Is
MISC.
REVENUES
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
ENDING
CAPITAL OTHER BALANCE
EXPENDITURES EXPENDITURES 6/30/2019
Is Is I s 12,198,885 I
BALANCE OF CURRENT FY 2019-20 AND
APPROPRIATIONS FUTURE
AT 06/30/2019 APPROPRIATIONS
$ $ 1,168,833
12,645,950 1,123,200
Is 12,645,950 1 s 2,292,033
Total: $ 14,937,983
ESTIMATED
CONSTRUCTION
DATE
2025-34
2020+
PERCENTAGE
PAID BY FEE
100%
100%
)> ,-+ ,-+
QJ n ::r
3
11) ::::, ,-+
)>
Dec. 17, 2019 Item #1 Page 6 of 19
BRIDGE AND THOROUGHFARE DISTRICT (BTDl #3
BEGINNING
BALANCE FEES INTEREST MISC.
7/1/2018 COLLECTED EARNED REVENUES
Projects:
BTD #3 RECONCILIATION AND CLOSEOUT
Is 486,s9s Is Is 18,996 Is
loan: None
Fee: · $226 per average daily trip
FINANCIAL INFORMATION REPORT
CAPITAL. FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
ENDING
CAPITAL OTHER BALANCE
EXPENDITURES EXPENDITURES (1) 6/30/2019
BALANCE OF CURRENT FY 2019-20 AND
APPROPRIATIONS FUTURE
AT 06/30/2019 APPROPRIATIONS
$ 105,021 $
Is Is Is 505,594 I I $ 105,021 I $ -I
Total: $ 105,021
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
In Progress 100%
Dec. 17, 2019 Item #1 Page 7 of 19
COMMUNITY FACILITIES DISTRICT (CFO) #1
BEGINNING
BALANCE TAXES
7/1/2018 COLLECTED
Description
ORION CENTER
CITY HALL
COLE LIBRARY EXPANSION
VETERAN'S MEMORIAL PARK
ADMINISTRATION COSTS
CFD TAXES 1,455,868
BTD FEES
TRAFFIC IMPACT FEES
PUBLIC FACILITIES FEES
I s 84,220,611 I s 1,4s5,s6s I s
Loans: None
BTD Fees:
Various
Traffic Impact Fee:
$3,240 per unit -residential-single family
2,592 per unit -residential-condominium
1,944 per unit -residential-apartment
129 per trip -commercial/industrial
Public Facilities Fee:
1.82% of building permit value
CFD#l Tax Rates:
Various
FEES
COLLECTED
4,278
1,348,451
1,352,129 I s
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 5007S & 66006
FOR THE YEAR ENDED JUNE 30, 2019
ENDING BALANCE OF CURRENT
INTEREST CAPITAL OTHER BALANCE APPROPRIATIONS
EARNED EXPENDITURES EXPENDITURES 6/30/2019 AT 06/30/2019
$ 271,448 $ 29,826,043
141,077 864,554
149,S86 248,614
103,419 182,658
$
3,2s1,293 I s 562,112 I $ 103,419 I s s9,65o,910 I I s 31,121,869 1 s
Total: $
FY 2019-20 AND ESTIMATED PERCENTAGE
FUTURE CONSTRUCTION PAID BY
APPROPRIArlONS DATE TAX/FEE
In Progress 61%
50,000,000 2025-29 100%
5,988,000 2028-32 32%
23,500,000 2028-32 100%
550,000 N/A 100%
80,038,000
111,159,869
Dec. 17, 2019 Item #1 Page 8 of 19
PARK IN LIEU FEES
BEGINNING
BALANCE FEES INTEREST
7/1/2018 COLLECTED EARNED
Projects:
ROBERTSON RANCH PARK DEVELOPMENT -NORTHEAST QUADRANT
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
ENDING
OTHER CAPITAL BALANCE
REVENUE EXPENDITURES 6/30/2019
PINE AVENUE PARK -COMMUNITY FACILITY AND GARDEN AREAS · NW QUADR, 1,716
LEO CARRILLO PARK · PHASE Ill · SOUTHEAST QUADRANT 432,960
AVIARA REIMBURSEMENT AGREEMENT -SOUTHWEST QUADRANT
AVIARA COMMUNITY PARK GATHERING SPACE AND PICNIC AREAS -SOUTHWEST QUADRANT 2,458,313
BALANCE OF CURRENT FY 2019-20 AND
APPROPRIATIONS FUTURE
AT 06/30/2019 APPROPRIATIONS
$ 200,000 $ 2,450,000
8,961
219,100
387,806
I$ 1,498,289 I $ 2,779,8321 $ 310,7751 $ 1,7161 $ 2,891,274 I $ 1,699,338 I 1$ 815,867 I $ 2,450,000
Total:
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 improvement projects.
Repayment is scheduled as fees are collected. Interest is not charged on this loan.
Current loan balance is $1,100,000.
Fee: $3,696 to $5,728 per dwelling unit (NE, SW, and SE quadrants)
$4,934 to $7,649 per dwelling unit (NW quadrant)
$ 3,26J,867
ESTIM ATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
2028-32 25%
Complete 18%
In Progress 45%
In Progress 100%
In Progress 82%
Dec. 17, 2019 Item #1 Page 9 of 19
INDUSTRIAL COORIDOR FEES (ZONES 51 13 AND 16-18)
BEGINNING
BALANCE FEES INTEREST
7/1/2018 COLLECTED EARNED
Projects:
BUSINESS PARK RECREATIONAL FACILITY
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
ENDING BALANCE OF CURRENT
CAPITAL BALANCE APPROPRIATIONS
EXPENDITURES 6/30/2019 AT 06/30/2019
$
FY 2019-20 AND
FUTURE
APPROPRIATIONS
$ 4,760,000.00
Is 4,202,098 I s 79,120 1 s 16s,109 1 s I $ 4,446,327 I I $ I $ 4,760,000 I
Loans: None
Fee: $0.40 per square foot on new industrial & commercial construction
Zones 5, 13, 16, 17, 18
Total: $ 4,760,000
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
.2028-32 42%
Dec. 17, 2019 Item #1 Page 10 of 19
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
PLANNED LOCAL DRAINAGE FEES
BEGINNING
BALANCE FEES
7/1/2018 COLLECTED
Projects:
PLO AREA A · DRAINAGE MASTER PLAN FACILITY AAA (Jefferson Street)
PLO AREA A-DRAINAGE MASTER PLAN FACILITY AAAA (Madison Street)
PLO AREA A -DRAINAGE MASTER PLAN FACILITY AC (Highland Drive)
INTEREST
EARNED
PLO AREA A -DRAINAGE MASTER PLAN FACILITY AFA (Hidden Valley Drainage Restoration)
PLO AREA A -DRAINAGE MASTER PLAN FACILITY AFB (Calavera Hills Drainage Restoration)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY B + BN (Agua Hedionda and Calavera Creek)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BL-L (College Blvd. Bridge Reimb.)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BJ B + BNB + BJ-1 (College and Cannon Rd.)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BCA (Park Drive and Tamarack Avenue)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BFB-L + BF-1 (Tamarack and El Camino Real)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BB 1 and 2 (Washington Street)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BCB (Magnolia Avenue)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BFA (Country Store)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BFB-U (El Camino Real)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BL-U (College Blvd.)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BM (Cantarini/College Blvd. Box Culvert)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BQ (Sunny Creek)
PLO AREA B -DRAINAGE MASTER PLAN FACILITY BR (Canatarini/College Blvd. Pipe Drainage)
PLO AREA C -DRAINAGE MASTER PLAN FACILITY Cl (Carlsbad Blvd. Encinas Creek Bridge)
PLO AREA C -DRAINAGE MASTER PLAN FACILITY C2 (Paseo Del Norte)
PLO AREA C -DRAINAGE MASTER PLAN FACILITY CA (Avenida Encinas)
PLO AREA D -DRAINAGE MASTER PLAN FACILITY OBA (Poinsettia Village)
PLO AREA D -DRAINAGE MASTER PLAN FACILITY DBB (Avenida Encinas)
PLO AREA D -DRAINAGE MASTER PLAN FACILITY DFA (Batiquitos Lagoon Stormwater Treatment)
PLO AREA D -DRAINAGE MASTER PLAN FACILITY DH (Altiva Place Canyon Restoration)
PLO AREA D -DRAINAGE MASTER PLAN FACILITY DQB (La Costa Town Square Center)
PLO AREA D -DRAINAGE MASTER PLAN FACILITY DZ (Poinsettia Lane)
DMP WETLAND CREATION
DRAINAGE MASTER PLAN UPDATE
ENDING
OTHER CAPITAL BALANCE
REVENUE EXPENDITURES 6/30/2019
$
39,855
994,994
41,434
36,603
9,479
BALANCE OF
CURRENT FY 2019-20
APPROPRIATIONS AND FUTURE
AT 06/30/2019 APPROPRIATIONS
$ $ 289,534
416,500
921,408
91,608
163,164
1,106,302
1,816,101
512,196
71,301
904,329
1,086,065
468,096
963,673
40,536
384,509
204,077
131,355
180,773
163,018
727,730
529,402
167,215
429,1.08
256,423
232,812
745,842
642,063
885,863
739,959
I s 6,s24,49s I s 234,093 rs 241,987 rs 22,8951 $ 1,122,365 1 s 5,901,1os I I s 3,910,6s2 1 s 11,300,310
$ Total: 15,270,962
Loans: None
Fee Per Gross Acre: Low Runoff Medium Runoff High Runoff
Area A -Buena Vista Lagoon $ 6,822 $ 13,566 $ 29,562
Area B -Agua Hedionda Lagoon 2,550 4,915 11,048
Area C -Encinas Creek 2,475 3,502 10,727
Area D -Batiquitos Lagoon 2,347 3,839 10,171
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
2028-32 100%
2028-32 100%
2028-32 100%
2028-32 100%
2028-32 100%
·in Progress 100%
2023-27 100%
2028-32 100%
In Progress 100%
2028-32 100%
2028-32 100%
2028-32 100%
In Progress 100%
In Progress 100%
2028-32 100%
2028-32 100%
2028-32 100%
2028-32 100%
In Progress 100%
2028-32 100%
2028-32 100%
2028-32 100%
2028-32 100%
2028-32 100%
2028-32 100%
2028-32 100%
2028-32 100%
In Progress 100%
In Progress 100%
Dec. 17, 2019 Item #1 Page 11 of 19
TRAFFIC IMPACT FEES
BEGINNING
BALANCE FEES INTEREST OTHER
7/1/2018 COLLECTED EARNED REVENUE
Projects:
AVENIDA ENCINAS WIDENING · SOUTH OF PALOMAR AIRPORT ROAD
CARLSBAD BLVD. REALIGNMENT/ 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 CAM INO 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
POINSETTIA 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 s 12,485,452 I s 1,763,347 ! $ 822,944 !
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
OTHER
EXPENDITURES
CAPITAL
EXPENDITURES
$
47,961
943
29,472
12,838
121,795
111,555
ENDING
BALANCE
6/30/2019
$
BALANCE OF CURRENT FY 2019-20 AND
APPROPRIATIONS FUTURE
AT 06/30/2019 APPROPRIATIONS
$ 5,177,000
4,613,000
2,258,000
3,102,000
1,469,834 330,000
1,132,000
286,000
438,000
2,549,057 2,450,000
1,237,000
465,368
149,944
1,198,000
1,039,000
2,903,526
2,724,929 1,200,000
3,137,924 1,700,000
188,875 1,973,000
365,909 768,000
Is I s 324,564 ! s 20,141,125 I 1-I s:;.__ __ __;:.:.:.;;::_= 14_241.366 I s 28,615,000
$ Total: 42,856,366
ESTIMATED
CONSTRUCTION
DATE
2019-20
2028-32
2028-32
2028-32
In Progress
2023-27
In Progress
2023-27
2018-19
Completed
2028-32
In Progress
In Progress
2023-27
2028-32
In Progress
Ongoing
In Progress
In Progress
Ongoing
Loans: Received a $2,857,238 loan from the CFO #1 Fund for the construction of several circulation element roadways. Repayment is scheduled as fees are collected. Interest is not charged.
Current balance is $1,943,710.
Fees: $3,820 per unit -residential-single family
3,056 per unit -residential-condominium
2,292 per unit -residential-apartment
153 per trip -commercial/industrial
PERCENTAGE
PAID BY FEE
100%
25%
25%
100%
100%
100%
100%
100%
100%
66%
100%
100%
100%
100%
100%
53%
100%
65%
100%
100%
Dec. 17, 2019 Item #1 Page 12 of 19
PUBLIC FACILITIES FEES
BEGINNING
BALANCE FEES
7/1/2018 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
POINSETTIA PARK -PH IV
ROBERTSON RANCH PARK DEVELOPMENT
1 s 34,150,253 1 s 2,566,524 I s 1,039,358 1 s
(1) Consists of rental income received on city owned property.
Loans: None
Fee: 3.50% of building permit value
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
ENDING BALANCE OF CURRENT
OTHER CAPITAL BALANCE APPROPRIATIONS
FY 2019-20 AND
FUTURE
REVENUE (1) EXPENDITURES 6/30/2019 AT 06/30/2019 APPROPRIATIONS
$ 211,638
482,100
310,804
3,971,725
20,694
$ 488,362 $
213,719
105,394
760,947
887,146
970,525
3.426.093 I S 67,8811 s 4,996,9621 s 32,821,0541 1 s -. --,---. r
Total: s
11,936,000
98,000
12,592,000
24,626,000
28,052,093
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
In Progress 18%
In Progress 31%
In Progress 100%
In Progress 55%
2028-32 63%
Complete 82%
In Progress 100%
In Progress 100%
2022-23 100%
Dec. 17, 2019 Item #1 Page 13 of 19
PARKING IN LIEU FEE-VILLAGE AREA
BEGINNING
BALANCE FEES
7/1/2018 COLLECTED
Projects:
DOWNTOWN PARKING LOT LEASE PAYMENTS (1)
WEST OF 1-F ROADWAY IMPV PROGR
INTEREST
EARNED
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
EXPENDITURES
$ 46,102
47,005
ENDING
BALANCE
6/30/2019
BALANCE OF CURRENT
APPROPRIATIONS
AT 06/30/2019
$
FY 2019-20 AND
FUTURE
APPROPRIATIONS
$ 50,000
Is 1,091,031 I s 22,4ao I s 41,998 I s 93,107 ! $ 1,062,402 ! I $ ! $ 50,000 I
Total: $ 50,000
(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
DATE
N/A
In Progress
PERCENTAGE
PAID BY FEE
100%
24%
Dec. 17, 2019 Item #1 Page 14 of 19
HABITAT MITIGATION FEE
BEGINNING
BALANCE FEES INTEREST
7/1/2018 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
FOR THE YEAR ENDED JUNE 30, 2019
ENDING BALANCE OF CURRENT
BALANCE APPROPRIATIONS
EXPENDITURES 6/30/2019 AT 06/30/2019
$ 19,319 $
169,600
FY 2019-20 AND
FUTURE
APPROPRIATIONS
$
Is 424 ! $ 17,202 ! $ 1,873 ! $ 19,319 ! $ 180 I 1$ 169,Goo I s
169.~00 I
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 available. Interest is charged annually on this loan.
Current loan balance including accrued interest is $169,600.
Loans are not included in the ending balance above,
Fee: $34,365 per impacted acre-coastal sage scrub
17,183 per impacted acre-non-native grassland
3,437 per impacted acre-agricultural land, disturbed land, eucalyptus wood
Total: $
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
N/A 100%
N/A 100%
Dec. 17, 2019 Item #1 Page 15 of 19
AGRICULTURAL MITIGATION FEE
BEGINNING
BALANCE FEES
7/1/2018 COLLECTED
Projects:
COMMUNITY GRANTS AND CONTRIBUTIONS
Is sn,599 I s
Loans: None
Fee: $10,000 per acre
INTEREST
FINANCIAL INFORMATION REPORT
FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
ENDING BALANCE OF CURRENT
BALANCE APPROPRIATIONS
FY 2019-20 AND
FUTURE
EARNED EXPENDITURES 6/30/2019 AT 06/30/2019 APPROPRIATIONS
$ 149,893 $ 66,818 $
1 s 31,798 I s 149,893 Is 759,504 I I $ 66,818 I $ -I
Total: $ 66,818
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
N/A 100%
Dec. 17, 2019 Item #1 Page 16 of 19
MAJOR FACILITIES FEE FUNDS (POTABLE/RECYCLED WATER)
BEGINNING FY 2018-19
BALANCE FEES INTEREST
Projects:
COLLEGE BOULEVARD · CANNON TO BADGER (375 ZONE)
COLLEGE BOULEVARD · CANNON TO BADGER (490 ZONE)
DESALINATED SEAWATER TRANSMISSION MAIN
POINSETTIA LANE· CASSIA TO SKIMMER
RANCHO CARLSBAD GROUNDWATER SUPPLY
SAN LUIS REY MISSION BASIN GROUNDWATER SUPPLY
WATER MODELING
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
MISC CAPITAL ENDING ·
REVENUE EXPENDITURES BALANCE
$
6,700
REMAINING FY 2019-20 AND
APPR. + ENC. FUTURE
AT 06/30/2019 APPROPRIATIONS
$ 1,059,817.00 $ 35,000.00
1,090,000 370,000
7,865 6,800,000
300,000 1,732,000
1,750,000
27,500 8,550,000
2,400,000
1 s 31,so5,487 I s 812,210 1 s 1,252,311 1 s Is 6,1001 s 33,863,308 I IS 2,485,182 j s 21,637,000
Total $ 24,122,182
Loans: None.
Fee: $4,385 (5/8" Meter Size). Fees vary depending on meter size.
ESTIMATED
CONSTRUCTION PERCENTAGE
DATE PAID BY FEE
In Progress 100%
In Progress 100%
In Progress 33%
In Progress 100%
2024+ 50%
In Progress 50%
2019-2025 100%
Dec. 17, 2019 Item #1 Page 17 of 19
WASTEWATER CONNECTION FEE FUND
BEGINNING FY 2018-19 OTHER
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
OTHER CAPITAL ENDING
BALANCE FEES INTEREST REVENUE (1) EXPENDITURES EXPENDITURES BALANCE
Projects:
BUENA INTERCEPTOR SEWER/MANHOLE REHAB. $
ENCINA PHASE V EXPANSION
FARADAY/EL CAMINO REAL SEWER REPLACEMENT
LAS PALMAS TRUNK SEWER
SEWER MODELING
MARRON ROAD SEWER REPLACEMENT
SEWER CAPACITY MONITORING PROGRAM 31,729
VISTA/CARLSBAD BUENA VISTA LIFT STATION IMPROVEMENTS (2) 126,702
VISTA/CARLSBAD BUENA VISTA LIFT STATION/FORCE MAIN (VC-4) (2)
VISTA/CARLSBAD INTERCEPTOR -AGUA HEDIONDA LIFT STATION/FORCEMAIN (VC12-VC13) (2) 719,000
VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH llB) (2) 78,582
VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 13-15) (2) 337,179
VISTA/CARLSBAD TRUNK LINE INTERCEPTOR (REACH 3) (2)
I s 4,403,043 I s 552,902 l $ 321,562 l $ 691,997 l $ lS 1,293,192 I s 4,676,313 l
REMAINING FY 2019-20 AND ESTIMATED
APPR. + ENC. FUTURE CONSTRUCTION PERCENTAGE
AT 06/30/2019 APPROPRIATIONS DATE PAID BY FEE
$ 500,000 $ 50,000 In Progress 13%
In Progress 100%
140,000 46,000 In Progress 100%
3,186,000 2020-21 100%
2,400,000 2019-2025 100%
In Progress 100%
101,832 536,000 In Progress 100%
983,265 In Progress 10%
In Progress 10%
1,517,853 In Progress 31%
449,289 In Progress 31%
1,453,609 In Progress 44%
2,689,000 2020+ 10%
I s 5,145,848 I s 8,907,000
Total: $ 14,o_g_848
Loans: Received a $4,700,000 loan from the Wastewater Replacement Fund. Repayment is scheduled for 2025-2034. 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: $982 -General Capacity Fee for all Areas
Dec. 17, 2019 Item #1 Page 18 of 19
SEWER BENEFIT AREA FUNDS (516/517)
BEGINNING FY 2018-19 OTHER
BALANCE FEES INTEREST REVENUE
Projects:
AVIARA LAND ASSOCIATES REIMBURSEMENT AGREEMENT(J,L)
CONTINENTAL REIMBURSEMENT AGREEMENT (H)
PLUM TREE WALK (I)
MISCELLANEOUS PROJECTS (I)
NO MAN IS (F)
I$ 4,571,932 I $ 977,296 I$ 189,8411 $
Loans: None
Fee: $ 1,205.00 Area A $ 757.00 Area G
1,372.00 Area B 1,102.00 Area H
2,528.00 Area C 2,078.00 Area J
2,533.00 Area D 1,643.00 Area L
3,735.00 Area E 81.00 Area M
3,755.00 Area F
Note: Areas I and K were merged into Area L.
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 66006
FOR THE YEAR ENDED JUNE 30, 2019
OTHER CAPITAL ENDING
EXPENDITURES EXPENDITURES BALANCE
$ 39,283.10
58,649
$
I$ I$ 97,932 I $ 5,641,137 I I $
REMAINING
APPR. + ENC.
AT 06/30/2019
Total:
FY 2019-20 AND ESTIMATED
FUTURE CONSTRUCTION PERCENTAGE
APPROPRIATIONS DATE PAID BY FEE
$ 191,116.02 · Complete 100%
Complete 100%
Complete 100%
Complete 100%
Complete 100%
is 191,1161
$ 191,116
Dec. 17, 2019 Item #1 Page 19 of 19
Council Memorandum
Dec. 17, 2019
To: Honorable Mayor Hall and Members of the City Council
From:
Via:
Laura Rocha, Deputy City Manager, Ad \nistrative Services
Elaine Lu key, Chief Operations Officer
{city of
Carlsbad
/\II Receive -Agenda Item #_U_
For the Information of the:
CITY COUNCIL
Date ~CL CA V CC t.--"
CM 1/c:oo C...--O CM (3) ..!-.=--
Re: Additional Materials Related to Staff R ort Item No. 1-Annual Financial Information
Report on Capital Project Funds and Special Taxes
This memorandum provides additional information related to Staff Report Item No. 1-Annual
Financial Information Report on Capital Project Funds and Special Taxes.
A typo was noted: WEST OF 1-5 ROADWAY IMPV PROGR was labeled WEST OF THE 1-F ROADWAY
IMPV PROGR.
Below is additional information on the West of 1-5 Roadway Improvement Program project
funded by the Parking in Lieu Fee Program, referenced on page 14 of the Staff Report.
The West of 1-5 Roadway Improvement Program project was added to the Capital Improvement
Program (CIP) in fiscal year 2016-17 and $200,000 was appropriated1 to: complete a
comprehensive parking, red curb, abandoned driveway inventory, "alternative streets"
applicability analysis, and implementation plan (driveway closures, red curb rules, update
"alternative streets" map, etc.) for all streets west of 1-5, along with a comprehensive study,
vehicle lane striping/parking design layouts, and implementation plan for all major roadways
(curb to curb), in the areas west of 1-5 from Buena Vista Lagoon to the Agua Hedionda Lagoon.
The expenditures to date of $47,005 were spent on a subset of the intentions listed above, for
restriping along Carlsbad Boulevard from Mountain View Drive to Beech Avenue, to improve
traffic operations, facilitate the addition of parallel parking spaces on Carlsbad Boulevard, and
restripe Beech Avenue east of Carlsbad Boulevard to facilitate the addition of reverse angle
parking on the north side of Beech Avenue between Carlsbad Boulevard and Washington Street.
This subset was substantially completed in 2018.
All capital projects are evaluated annually during the budget process to determine whether the
projects are still in progress or whether they can be closed out due to completion of the project.
It is anticipated that the restriping component of this comprehensive Village street plan will be
closed out during the upcoming budget process.
cc: Scott Chadwick, City Manager
Celia Brewer, City Attorney
1 The project was jointly funded by the Parking in Lieu Program and the General Capital Construction fund.
Administrative Services Department ·
1635 Faraday Avenue I Carlsbad, CA 92008 I 760-602-2415