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HomeMy WebLinkAbout4.4 Annual Report of Developer Impact Fee Funds Deposits Pursuant to Government Code Sections 66002, 66006, and 66008 AB 1600CELEBRATING DUBLIN CALIFORNIA STAFF REPORT CITY COUNCIL Agenda Item 4.4 DATE: TO: FROM: SUBJECT: December 6, 2022 Honorable Mayor and City Councilmembers Linda Smith, City Manager Annual Report of Developer Impact Fee Funds Deposits: Pursuant to Government Code Sections 66002, 66006, and 66008 (AB 1600) Prepared by: Lisa Hisatomi, Director of Administrative Services EXECUTIVE SUMMARY: State law requires the City to review and report on an annual basis the status of development fees collected to finance public improvements. The report covers activity which occurred in these funds during Fiscal Year 2021-22. The analysis has determined that all funds held for more than five years are necessary to complete identified projects. STAFF RECOMMENDATION: Accept the report and adopt the Resolution Making Findings Regarding Unexpended Traffic Impact Fees for Fiscal Year 2021-22; and approve the budget change. FINANCIAL IMPACT: The financial impacts and accounting of development impact fees are discussed as part of the Staff Report. The Public Facility Impact Fees Fund received an advance from the General Fund Committed Reserve - Advance to Public Facility Fee designated by the City Council, for construction of parks and public facilities. The Fiscal Year 2021-22 advance was for Wallis Ranch Community Park and Jordan Ranch Neighborhood Square. DESCRIPTION: Background Cities are authorized under State Law to require development applicants to contribute fees toward off -site public improvements, which are needed as a result of the new development. The law requires the City to review, on an annual basis, the status of development fees collected, and to provide a report 180 days from the end of the fiscal year. In addition, Government Code Section 66006(b)(2) requires the report to be included on the City Council meeting agenda at a public meeting not less than 15 days after the information was made available. In the event any fees Page 1 of 5 41 remain unexpended for more than five years, the City Council must adopt a resolution making certain findings related to the continued need for the funds to complete the improvements. If findings are not made to support the retention of the funds, the unexpended fees must be returned to the current owners of the subject property. Major Components of the Report The Fiscal Year 2021-22 Annual Report of Developer Funds (Attachment 2) provides information covering the period of July 1, 2021 through June 30, 2022. The law requires disclosure of numerous details with respect to activity in these accounts, including beginning and ending balances, collections for the year, expenditures for the year, interest earned, and any refunds. For this report, the City is providing information on the following funds: • City Impact Fees: o Eastern Dublin Transportation Impact Fees (EDTIF) o Western Dublin Transportation Impact Fees (WDTIF) o Specific Project Mitigation Fee o Public Facilities Impact Fees o Fire Impact Fees o Dublin Crossing Transportation Fee • Regional Impact/Mitigation Fees: o Tri Valley Transportation Development (TVTD) Fees o Regional Traffic Impact Fees Category 3 (Fee was included in EDTIF, suspended and replaced with TVTD Fees) o Dublin - Contra Costa County Traffic Impact Mitigation Fees • Pass Through Fees: o Freeway Interchange Fees o BART Garage (Included in EDTIF) The following (Table 1) is a high-level summary of the activity for the year including the beginning and ending balances. Page 2 of 5 42 Table 1: Annual Report of Developer Fees By Category (7/1/2021 - 6/30/2022) Impact Fee Category Beginning Balance (7/1/2021) Additions: Expenses: Ending Balance (6/30/2022) Change Project Costs; Interest; Loan Repayments; Pass -Through Fees Collected; Interest Revenue Public Facility Fees $22,347,412 $9,859,523 ($10,891,255) $21,315,680 ($1,031,732) Fire Impact Fees $141,486 $172,221 ($56,000) $257,707 $116,221 Traffic Impact Fees $27,502,353 $2,293,615 ($614,199) $29,181,770 $1,679,416 TOTAL $49,991,251 $12,325,359 ($11,561,454) $50,755,157 $763,905 It is important to note that these fees are restricted and can only be used for the capital -related purposes for which they have been collected. Given the multi -year nature of the capital projects to be financed, it is expected that funds will be accumulated and used based on the timing of construction. During Fiscal Year 2021-22, the net balance of all funds reported increased by approximately $764,000, which was largely attributable to the net impact of Public Facility Fee and Traffic Impact Fee funds collected during the year, and expenditures for Parks and Streets capital improvement projects. A detailed accounting of each of the major categories is shown in the schedules included in Attachment 2. Funds Remaining Unexpended More Than Five Years After Being Collected One of the provisions in the State law regulating development fees is to regularly review funds collected and held for more than five years and to make certain findings to continue to hold those funds. Table 2 summarizes the accounts with contributions which have remained unexpended for more than five years. Page 3 of 5 43 Table 2: Summary of Accounts With Funds Remaining Unexpended For Five Years or More After The v Were Collected Source of Fee Fees Unspent for More Than 5 Years as of 6/30/2022 Fees Unspent for Less Than 5 Years Accumulated Interest Total Designated As of 6/30/2022 2022-27 CIP Remaining Project Costs Mitigation Fund: Central Pkwy & Park Place Traffic Signal $55,500 $0 $9,887 $65,387 $400,000 Eastern Dublin TIF1(1) $8,165,752 $3,966,334 $1,662,307 $13,794,393 $10,589,158 Western Dublin TIF(2) $1,317,574 $829,678 $226,668 $2,373,920 $1,983,860 Dublin - Contra Costa County Traffic Impact Mitigation Fees $3,299,388 $1,850,833 $550,279 $5,700,500 $5,464,338 Tri-Valley Transportation Development Fee $2,772,121 $2,617,690 $565,538 $5,955,348 $5,511,486 1) 15 projects in EDTIF fee program will be undertaken beyond the current CIP time frame, totaling approximately $62 million 2) 8 projects in the WDTIF fee program will be undertaken beyond the current CIP time frame, totaling approximately $8.8 million Proposed Resolution Making Necessary Findings To be able to retain fees longer than five years, certain findings must be made by the City Council. Without this action, the fees would need to be refunded. All fees summarized in the previous section of this report have identified projects that will require the funding in the future. The funding needed includes the accumulated interest, which is allocated to and expended on only the authorized projects. Adoption of the Resolution (Attachment 1) will allow the City to continue to retain the fees to fund the projects for which they were collected. Right to Reimbursement As part of the Consolidated Impact Fee Administrative Guidelines, there are provisions for the City to annually evaluate impact fee balances held by the City. Staff is to evaluate possible use of funds collected to reduce Impact Fee Credits that have converted to a Right to Reimbursement (RTR). When a developer is granted an Impact Fee Credit, the initial credit period is 10 years. During that time the credit can be applied against fees owed. At the end of the credit period, a developer has an option to extend the credit period in perpetuity or convert to an RTR. The RTR continues for 10 years, and any unpaid amount is forfeited at the end of the RTR period. The following is a summary of current impact fee RTR balances: • Eastern Dublin TIF - $3,059 • Fire - $1,438,824 Page 4 of 5 44 Staff recommends the City Council approve a budget change in the amount of $200,000 for reimbursement of Fire Impact Fee credits. STRATEGIC PLAN INITIATIVE: None. NOTICING REQUIREMENTS/PUBLIC OUTREACH: Government Code Section 66006(b)(2) requires the report to be included on the City Council meeting agenda at a public meeting not less than 15 days after the information was made available. Staff previously made available to the public a draft copy of this report on Friday, November 18, 2022. In addition, the Government Code Section requires that notice of the meeting shall be mailed, at least 15 days prior to the meeting, to any interested party who files a written request with the local agency for mailed notice of the meeting. The Administrative Services Department mailed notices to interested parties who have filed requests in the past. ATTACHMENTS: 1) Resolution Making Findings Regarding Unexpended Traffic Impact Fees for Fiscal Year 2021- 22 2) Annual Report of Developer Impact Fee Funds for the Year Ended June 30, 2022 3) Budget Change Form Page 5 of 5 45 Attachment I RESOLUTION NO. XX - 22 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN MAKING FINDINGS REGARDING UNEXPENDED TRAFFIC IMPACT FEES FOR FISCAL YEAR 2021-22 WHEREAS, the City has collected contributions for completion of off -site public traffic improvements needed as a result of new development, which will not be expended within five years after deposit. The improvements are described in the Fiscal Year 2022-2027 Capital Improvement Program and include the improvements described below: Source of Fee Unexpended Developer Fees as of June 30, 2022 1. Project Specific Mitigation: Central Parkway & Park Place Drive Traffic Signal $55,500 2. Eastern Dublin Transportation Impact Fee $8,165,752 3. Western Dublin Transportation Impact Fee $1,317,574 4. Dublin - Contra Costa County Traffic Impact Mitigation Fees $3,299,388 5. Tri-Valley Transportation Development Fee $2,772,121 WHEREAS, the contributions and fees and their associated projects described in the recital above are referred to as the "Traffic Improvements." NOW, THEREFORE, BE IT RESOLVED that the City Council of City of Dublin hereby find and determine that the foregoing recitals and determinations are true and correct: A. The contributions and fees which have been collected for the Traffic Improvements will remain unexpended after Fiscal Year 2021-22. B. The contributions and fees which have been collected for the Traffic Improvements will remain committed for construction of the improvements identified in the adopted Capital Improvement Program. C. The purpose for which the contributions and fees will be used is construction of the Traffic Improvements, as described above and in the 2022-2027 Capital Improvement Program. D. The contributions and fees were collected to make the Traffic Improvements, which improvements will mitigate traffic impacts caused by the new development projects which paid the fees. E. The contributions and fees which have been collected for the Traffic Improvements are needed for construction of the Traffic Improvements. Reso. No. XX-22, Item X.X, Adopted XX/XX/2022 Page 1 of 2 46 PASSED, APPROVED, AND ADOPTED this 6th day of December 2022, by the following vote: AYES: NOES: ABSENT: ABSTAIN: Mayor ATTEST: City Clerk Reso. No. XX-22, Item X.X, Adopted XX/XX/2022 Page 2 of 2 47 Attachment 2 City of Dublin Annual Report of Developer Impact Fee Funds Deposits For the Year Ended June 30, 2022 CONTENTS SECTION INFORMATION PAGE(S) Section 1: Table of Disclosure Requirements With Cross Reference To Government Code and Location In 1-2 City of Dublin Report Section 2: Description Impact Fees Included In Report 3-4 Section 3: Status of Funds • Interfund Loans & Transfers • Specific Funds Held In Excess of 5 Years • Refunds Section 4: 2021-22 Accounting of Impact Fees by Major Category • Public Facility Impact Fees • Fire Impact Fees • Traffic Impact Fees 5-8 9 Section 5: Detail by Fund - Traffic Impact Fees 10 Contributions Section Detail - Traffic Impact Fees (Project Specific 11 5A: Mitigation) Contributions Section 6: Schedule of Funding For Public Improvements And Percentage Funded By Developer Fees 12 Data Available to Public November 18, 2022 Presented City Council Meeting December 8, 2022 48 Government Code Section 66006 (b) (A) 66006 (b) (B) 66006 (b) (C) 66006 (b) (D) 66006 (b) (E) 66006 (b) (F) 66006 (b) (G) 66006 (b) (H) SECTION 1 TABLE OF IMPACT FEE DISCLOSURE REQUIREMENTS WITH CROSS REFERENCES Requirement Provide the following: 1. A brief description of each of the City's impact fees. 2. The amount charged for the City's impact fees. 3. The beginning and ending balance for the City's impact fee accounts. 4. The amount of fees collected and interest earned. 5. An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement, including the total percentage of the cost of the public improvement that was funded with fees. 6. An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement, as identified in paragraph (2) of subdivision (a) of Section 66001, and the public improvement remains incomplete. 7. A description of each interfund transfer or loan made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and, in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan. 8. The amount of refunds made pursuant to subdivision (e) of Section 66001 and any allocations pursuant to subdivision (f) of Section 66001. 1 Information Found In City Report At Section 2, Part A Section 2, Part B Section 4 and Section 5 Section 4, Section 5, And Section 5A Section 6 Section 3, Part B Section 3, Part A Section 3, Part C 49 Government Code Section 66001 (d) 66001 (d) (1) 66001 (d) (2) 66001 (d) (3) 66001 (d) (4) 66006 (b) (1) (F) SECTION 1 TABLE OF IMPACT FEE DISCLOSURE REQUIREMENTS WITH CROSS REFERENCES Requirement 9. For the fifth year following the first deposit into the account or fund, and every five years thereafter, the City shall make all of the following findings with respect to those portions of the impact fee remaining unexpended, whether committed or uncommitted. a. Identify the purpose to which the fee is to be used for. b. Demonstrate a reasonable relationship between the fee and the purpose for which it is charged. c. Identify all sources and amounts of funding anticipated to complete financing in incomplete improvements. d. Designate the approximate dates on which the funding referred to in item c above is expected to be deposited into the appropriate account or fund. e. When sufficient funds have been collected, the agency shall identify, within 180 days of the determination that sufficient funds have been collected, an approximate date by which the construction of the public improvements will commence. 2 Information Found In City Report At Section 3, Part B and attached Resolution for items a-e below. 50 SECTION 2 DESCRIPTION OF IMPACT FEES A. DESCRIPTION OF THE CITY'S IMPACT FEES The City of Dublin has established the following Impact Fees and Traffic Mitigation Contributions: • Eastern Dublin Transportation Impact Fee (Eastern Dublin Traffic Impact Fees), include BART Garage Fee, Regional Traffic Impact Fees Category 3 • Western Dublin Transportation Impact Fee (Downtown Traffic Impact Fee) • Public Facilities Impact Fees • Fire Impact Fees • Tri Valley Transportation Development Fees • Freeway Interchange Fees • Dublin — Contra Costa Traffic Impact Mitigation Fees • Dublin Crossing Transportation Fee • Specific Project Mitigation Fee These impact fees were established to pay for the design, development and construction of public improvement projects for: streets; public facilities; parks; fire capital expansion projects and community amenities. B. AMOUNTS CHARGED BY THE CITY FOR IMPACT FEES AND PUBLIC IMPROVEMENTS FUNDED BY THESE FEES The amounts charged for the impact fees noted above are dependent upon the type and size of a particular development and were based upon related studies, conducted prior to the adoption of the fees. The City Council has adopted and imposed the subject fees through the passage of the following resolutions. These fees are updated on an annual basis based upon various cost indexes described in further detail as part of the resolutions for these fees: Impact Fee Resolution / Ordinance Eastern Dublin Traffic Impact Fees Resolution 1-95 Amended by Resolution 41-96, 225-99, 111-04, 41-09, 40-10, 144-21 Western Dublin Transportation Impact Fee (Downtown Traffic Impact Fee) Resolution 210-04 Amended by Resolutions 47-09, 147-16 Public Facility Impact Fees Resolution 32-96 Amended by Resolutions 60-99, 214-02, 45-09, 134-15, 110-17 Fire Impact Fees Resolution 37-97 Amended by Resolutions 208-00,12-03, 77-05, 46-09, 111-17 Tri-Valley Transportation Development Fees Resolution 89-98 Amended by Resolutions 85-99, 87-03, 68-15, 86-22 Freeway Interchange Fees Resolution 11-96 Amended by Resolution 155-98 Dublin — Contra Costa Traffic Impact Mitigation Fees. Resolution 74-00 and Contra Costa County Ordinance No. 2000-24 Dublin Crossing Transportation Fee Ordinance 08-13 Specific Project Mitigation Fee Project Condition of Approval 3 51 SECTION 2 DESCRIPTION OF IMPACT FEES The studies and supporting documentation presented or adopted as part of the resolutions noted above identify the public improvements that those fees will be used to finance. These studies also show that there is a reasonable relationship: a.) between the fees' use and the type of development project on which the fee is imposed; and b.) between the need for the public facility and the type of development project on which the fee is imposed. 4 52 SECTION 3 STATUS OF FUNDS A. INTERFUND LOANS AND TRANSFERS OF IMPACT FEES No inter -fund loans or transfers of impact fees were granted to other funds during Fiscal Year 2021-22. Public Facility Impact Fees Fund received an advance from General Fund Committed Reserve — Advance to Public Facility Fee designated by the City Council, for construction of parks and public facilities. Fiscal Year 2021-22 General Fund advance was for Wallis Ranch Community Park and Jordan Ranch Neighborhood Square. B. ANALYSIS OF FEES LEVIED AGAINST DEVELOPMENT PROJECTS IN ACCORDANCE WITH SEC. 66001 OF THE (CGC) AND UNSPENT AFTER 5 YEARS The purpose of the review was to identify monies that have been collected and held for a period of more than five years and to make appropriate disclosures. The City of Dublin has analyzed the balance of monies held, at the beginning of Fiscal Year 2021- 22 (July 1, 2021). The balances were evaluated based on "developer fees collected' separate from interest revenue. As of July 1, 2021, there was one project involving the use of Traffic Mitigation Contributions, which has developer fees that continued to be held for more than five years. There were also four impact fees that have developer fees that continued to be held for more than five years. In accordance with State Law, the City Council has previously adopted Resolution #132-21 on December 7, 2021 declaring the need to continue to maintain the funds. The projects using the impact fees as funding sources are included in the City of Dublin Five Year Capital Improvement Program 2022-2027. Based on expenditures during Fiscal Year 2021-22, as of June 30, 2022, there is one project that uses Traffic Mitigation Contributions which has developer fees that continued to be held for more than five years. Eastern Dublin Transportation Impact fee, Western Dublin Transportation Impact Fee, Dublin — Contra Costa Traffic Mitigation Fee, and Tri-Valley Transportation Development Fees also have developer funds collected and held for more than five years. Details related to the projects which have funds held for more than five years are identified below: 1. CENTRAL PARKWAY & PARK PLACE (FORMERLY SYBASE DRIVE) TRAFFIC SIGNAL Mitigation Source Unspent Developer Fees Held More Than 5 Years Remaining Project Costs (Estimate) Central Parkway & Park Place Traffic Signal $55,500 $400,000 Description of Project: This project will install a traffic signal at the existing intersection of Central Parkway and Park Place (formerly Sybase Drive). Mitigation fees were paid to partially fund the intersection improvements as a condition of approval of the Sybase Corporate Headquarters Facility, Planning Commission Resolution No. 00-23. The signal installation is required as a condition of approval of phase 2 of the Zeiss Innovation Center project. Source of Funding: Traffic Mitigation Contribution. Approximate Project Completion Date: The project will be completed based on Phase 2 of the Zeiss Innovation Project timeline. 5 53 SECTION 3 STATUS OF FUNDS 2. EASTERN DUBLIN TRANSPORTATION IMPACT FEE (EDTIF) Funding Source Unspent Developer Fees Held More Than 5 Years Remaining Project Costs as Identified in CIP EDTIF $8,165,752 $10,589,158 Description of Projects: This fee is collected for all the Eastern Dublin Transportation Impact Fee projects contained within the Eastern Dublin Transportation Impact Fee program. Of the projects that are contained within the program, five projects are currently in process, as part of the adopted City of Dublin Five Year Capital Improvement Program 2022-2027. Those projects are: Citywide Signal Communications Upgrade (CIP No. ST0713), Dublin Boulevard Extension — Fallon Road to North Canyons Parkway (CIP No. ST0216), Tassajara Road Improvements — North Dublin Ranch Drive to Quarry Lane School (CIP No. ST0119), Iron Horse Trail Bridge at Dublin Boulevard (CIP No. ST0118), and Tassajara Road Realignment and Widening — Fallon Road to North City Limit (CIP No. ST0116). There are fifteen other projects within the Eastern Dublin Transportation Impact Fee program, which will be completed outside the current 5-year CIP planning horizon. Approximate Project Completion Dates: The Citywide Signal Communications Upgrade (CIP No. ST0713) is a multi -year project, which includes an update to the City of Dublin Travel Demand Forecasting Model. In April 2021, project resulted in the City Council adopting a resolution establishing the CEQA transportation thresholds of significance for VMT. Final design of the Dublin Boulevard Extension project (CIP No. ST0216) is anticipated to be completed in 2023. Both Tassajara Road projects (CIP No. ST0116 and ST0119) began design in Fiscal Year 2019- 2020, with Contra Costa County taking lead on the design for CIP No. ST0116. Construction of both projects is anticipated to begin in late 2023 or early 2024. The Iron Horse Trail Bridge at Dublin Boulevard (CIP No. ST0118) is currently in construction and anticipated to be complete in 2023. 3. WESTERN DUBLIN TRANSPORTATION IMPACT FEE (WDTIF) Funding Source Unspent Developer Fees Held More Than 5 Years Remaining Project Costs as Identified in CIP WDTIF $1,317,574 $1,983,860 Description of Projects: This fee is collected for all the projects contained within the Western Dublin Transportation Impact Fee (WDTIF) program, which was updated in September 2016. Of the projects that are contained within the program, three projects are currently in process, as part of the adopted City of Dublin Five Year Capital Improvement Program 2022-2027. The projects are: Golden Gate Drive Intersection Improvements — Dublin Blvd and St. Patrick Wy (CIP No. ST0423); Amador Plaza Road Bicycle and Pedestrian Improvements (CIP No. ST0815), which will widen the roadway for a new right -turn lane from southbound Amador Plaza Road to Dublin Boulevard; Citywide Signal Communications Upgrade (CIP No. ST0713), which will update the existing City of Dublin Travel Demand Forecasting Model to provide traffic flow projections on the arterial and collector roadways as well as analyze future land use development proposals and transportation network changes in the City. Approximate Project Completion Dates: The design phase for the Golden Gate Drive Intersection Improvements — Dublin Blvd and St. Patrick Wy (CIP No. ST0423) is anticipated to 6 54 SECTION 3 STATUS OF FUNDS begin in FY 2022-23. The Amador Plaza Road Bicycle and Pedestrian Improvements project (CIP No. ST0815) is in final design. Pending the necessary right-of-way acquisition from one property owner, the project construction is anticipated to begin in 2023 or later. City of Dublin Travel Demand Forecasting Model update resulted in the City Council adopting a resolution establishing the CEQA transportation thresholds of significance for VMT in April 2021 and currently the update is being used to analyze the proposed development in the downtown area of the City. 4. DUBLIN — CONTRA COSTA TRAFFIC IMPACT MITIGATION FEES Funding Source Unspent Developer Fees Held More Than 5 Years Remaining Project Costs as Identified in CIP Dublin —Contra Costa Traffic Mitigation Fee $3,299,388 $5,464,338 Description of Projects: This fee is imposed by Contra Costa County for the Dougherty Valley project to pay for the project proportionate net impact on roads in the City of Dublin. The fee was established through a Joint Exercise of Powers Agreement for Contra Costa County to collect and remit the fee to the City of Dublin. The funds have been used by the City to construct improvements to which Dougherty Valley development contributes a need. There are two projects utilizing the funds in the adopted City of Dublin Five Year Capital Improvement Program 2022- 2027. One project is Tassajara Road Improvements — North Dublin Ranch Drive to Quarry Lane School (CIP No. ST0119). The other project is Tassajara Road Realignment and Widening - Fallon Road to North City Limit (CIP No. ST0116). Both projects will complete street improvements to Tassajara Road. Approximate Project Completion Dates: Both Tassajara Road projects (CIP No. ST0116 and ST0119) began design in Fiscal Year 2019-2020, with Contra Costa County taking lead on the design for CIP No. ST0116. Construction of both projects is anticipated to begin in late 2023 or early 2024. 5. TRI-VALLEY TRANSPORTATION DEVELOPMENT FEES (TVTD) Funding Source Unspent Developer Fees Held More Than 5 Years Remaining Project Costs as Identified in CIP TVTD $2,772,121 $5,511,486 Description of Projects: This fee is collected for all projects contained within the Tri-Valley Transportation Development Fee (TVTD) program, which was established through a Joint Exercise of Powers Agreement entered on April 22, 1998, between the City of Dublin, City of Livermore, City of Pleasanton, City of San Ramon, Town of Danville, County of Alameda, and County of Contra Costa. There are four TVTD projects in the adopted City of Dublin Five Year Capital Improvement Program 2022-2027. One TVTD project is Tassajara Road Realignment and Widening — Fallon Road to North City Limit (CIP No. ST0116). The second TVTD project is Tassajara Road Improvements — North Dublin Ranch Drive to Quarry Lane School (CIP No. ST0119). Both projects will complete street improvements to Tassajara Road. The third TVTD project is Iron Horse Trail Bridge at Dublin Boulevard (CIP No. ST0118), which will provide a grade separated trail crossing for pedestrians and bicycles. The fourth TVTD project is Dublin Boulevard Extension — Fallon Road to North Canyons Parkway (CIP No. ST0216), which will extend Dublin 7 55 SECTION 3 STATUS OF FUNDS Boulevard to the Dublin city limits, through unincorporated Alameda County, and connect to North Canyons Parkway in the City of Livermore. Approximate Project Completion Dates: Both Tassajara Road projects (CIP No. ST0116 and ST0119) began design in Fiscal Year 2019-2020, with Contra Costa County taking lead on the design for CIP No. ST0116. Construction of both Tassajara Road projects is anticipated to begin in late 2023 or early 2024 The Iron Horse Trail Bridge at Dublin Boulevard project is in construction and anticipated to be completed in 2023. Final design of the Dublin Boulevard Extension project (CIP No. ST0216) is anticipated to be completed in 2023. C. REFUNDS No refunds were made during Fiscal Year 2021-22 D. RETIREMENT OF IMPACT FEE OBLIGATIONS During Fiscal Year 2021-22, $56,000 was made to retire Fire Impact Fee obligations. 8 56 SECTION 4 CITY OF DUBLIN CAPITAL IMPACT FEE REPORT FEES BY MAJOR CATEGORY (Activity July 1, 2021 - June 30, 2022) Ending Available 6/30/2021 Fees Collected: 7/1/2021-6/30/2022 Interest 7/1/2021 - 6/30/2022 Less 2021-22 Expenditures Project Expenditures Refund Fee Paid Retirement of Impact Fee Obligations Refunds Per CGC 66001(e)/(f) Pass Through Funds (See Schedule 5) Ending Balance 6/30/2022 FIRE TRAFFIC IMPACT PUBLIC FACILITY FEES FACILITY FEES IMPACT FEES (ALL CATEGORIES) GRAND TOTAL Funds 4101-4111 Fund 4201 Funds 4301-4311 Detail In Schedule 5 $22,347,411.67 9,477,971.26 381,551.96 (10, 891, 254.50 ) $141,485.82 170, 550.41 1,670.97 (56,000.00) $21,315,680.39 $257,707.20 $27,502,353.52 1,975,342.00 318,273.15 $49,991,251.01 11,623,863.67 701,496.08 (542,822.52) (11,490,077.02) (71,375.78) (71,375.78) $29,181,770.37 $50,755,157.96 9 57 SECTION 5 CITY OF DUBLIN CAPITAL IMPACT FEE REPORT BREAKDOWN OF TRAFFIC IMPACT FEE FUNDS (Activity July 1, 2021 - June 30, 2022) TEGORY (Activity July 1, 2021 - June 30, 2022) Ending Available 6/30/2021 Fees Collected: 7/1/2021-6/30/2022 Interest 7/1/2021 - 6/30/2022 (Less: 2021-22 Expenditures) Traffic Improvements Retirement of Impact Fee Obligations Refund Fee Paid Refunds Per CGC 66001(e)/(f) Ending Balance 6/30/2022 Ending Available 6/30/2021 Fees Collected: 7/1/2021-6/30/2022 Interest 7/1/2021 - 6/30/2022 (Less: 2021-22 Expenditures) Traffic Improvements Refunds Per CGC 66001(e)/(f) Ending Balance 6/30/2022 Ending Available 6/30/2021 Fees Collected: 7/1/2021-6/30/2022 Interest 7/1/2021 - 6/30/2022 (Less: 2021-22 Expenditures) Traffic Improvements Retirement of Impact Fee Obliaations Refund Fee Paid Refunds Per CGC 66001(e)/(f) BART Garage Reimbursements - ACSPA Freeway Interchange Reimbursements - City of Pleasanton Ending Balance 6/30/2022 LOCAL TRAFFIC IMPACT FEES EASTERN DUBLIN TRANSPORTATION IMPACT FEE Fund #4301 Fund # 4302 $10,694,043.37 177,427.96 119,825.32 (171,234.94) $2,883,336.15 58,411.16 32, 583.91 $10,820,061.71 $2,974,331.22 WESTERN DUBLIN TRANSPORTATION IMPACT FEE Fund # 4304 $1,684,380.51 691, 805.77 25, 011.37 (27,277.57) $2,373,920.08 DUBLIN CROSSING TRANSPORTATION FEE Fund #4311 $106,145.57 386,604.20 $492,749.77 SUB -TOTAL "A" TRAFFIC IMPACT FEES $15,367,905.60 1,314,249.09 177,420.60 (198,512.51) $16,661,062.78 REGIONAL/MITIGATION TRAFFIC IMPACT FEES Regional Traffic Impact Fees Category 3 Fund # 4303 $432,709.83 4,813.69 (21,297.94) $416,225.58 PASS -THROUGH FREEWAY INTERCHANGE & BART GARAGE $71,375.78 (65.40) (71,310.38) DUBLIN - CONTRA COSTA COUNTY MITIGATION Fund # 4305 $5,637,220.76 63,279.35 $5,700,500.11 GRAND TOTAL TRAFFIC FEES (Pass -Through+ $27,502,353.52 1,975,342.00 318,273.15 (542,822.52) (65.40) (71,310.38) $29,181,770.37 TRI-VALLEY TRANSPORTATION DEVELOPMENT FEE Fund # 4306 $5,618,853.48 589,717.13 69, 789.81 (323,012.07) $5,955,348.35 " Note "Pass -Through" Balance excludes Year -End Interest accrual recorded as a liability. SPECIFIC PROJECT MITIGATION FEE (See 5A for Breakdown) Fund # 4309 $445,663.85 2,969.70 $448,633.55 SUB -TOTAL "B" OTHER FEES $12,134,447.92 589,717.13 140,852.55 (344,310.01) $12,520,707.59 10 58 SECTION 5A CITY OF DUBLIN CAPITAL IMPACT FEE REPORT DETAIL OF TRAFFIC MITIGATION CONTRIBUTIONS (From July 1, 2021 - June 30, 2022) FEES BY MAJOR CATEGORY (Activity July 1, CIP PROJECT # Ending Available 6/30/2021 Fees Collected: 7/1/2021-6/30/2022 Interest 7/1/2021 - 6/30/2022 (Less: 2021-22 Expenditures) Refunds Per CGC 66001(e)/(f) Ending Balance 6/30/2022 CIP PROJECT # Ending Available 6/30/2021 Fees Collected: 7/1/2021-6/30/2022 Interest 7/1/2021 - 6/30/2022 (Less: 2021-22 Expenditures) Refunds Per CGC 66001(e)/(f) Ending Balance 6/30/2022 4309.41018 Dougherty / Scarlett Intersection ST0117 $45,988.82 313.12 $46,301.94 4309.41005 Dougherty / Amador Valley Intersection Not Yet Assigned $305,948.86 2,083.10 $308,031.96 4309.41009 Park Place Traffic Signal Not Yet Assigned $65,008.88 377.95 $65,386.83 4309.41019 Dublin Blvd / Hacienda Intersection Not Yet Assigned $28,717.29 195.53 $28,912.82 GRAND TOTAL $445,663.85 2,969.70 $448,633.55 11 59 CIP # SECTION 6 CITY OF DUBLIN IMPACT FEE REPORT SCHEDULE OF FUNDING FOR PUBLIC IMPROVEMENTS & PERCENTAGE DEVELOPER FEES FEES BY MAJOR CATEGORY (Activity July 1, 2021 - June 30, 2022) Project Name PUBLIC FACILITY FEES gi0120 Cultural Arts Center pk0115 Don Biddle Community Park pk0105 Emerald Glen Park Rec. & Aquatic Complex pk0119 Fallon Sports Park - Phase 3 pk0322 Jordan Ranch Neighborhood Square pk0421 Wallis Ranch Community Park pk0422 Iron Horse Nature Park and Open Space Fiscal Year 2021-22 Expenditures (Developer Fee Funds) 211,225.34 4,227,473.14 $85,760.13 5,848,842.48 17,928.08 317,614.78 182,410.55 TOTAL PUBLIC FACILITY FEE PROJECTS $10,891,254.50 FIRE FACILITY FEE Fire Impact Fee Right to Reimbursement TOTAL FIRE FACILITY FEE EXPENDITURE 56, 000.00 $56,000.00 Fiscal Year 2021-22 Expenditures (Other Funds) Total Project Expenditures (Fiscal Year) % From Developer Fees 211,225.34 100% 1,424,807.41 5,652,280.55 75% $85,760.13 100% 5,848,842.48 100% 17,928.08 100% 317,614.78 100% 182,410.55 100% $1,424,807.41 $12,316,061.91 88% 56,000.00 100% $56,000.00 100% TRAFFIC IMPACT FEES (Excludes "Pass -Through" Payments - BART GARAGE & INTERCHANGE FEES) Ops Program TIF Administration EDTIF Update (Fund 4301) $13,679.33 $13,679.33 Dept. Operating Budget Total $13,679.33 $13,679.33 100% st0713 Citywide Signal Comm. Upgrade EDTIF (Fund 4301) WDTIF (Fund 4304) st0713 Total st0216 Dublin Blvd Extension EDTIF (Fund 4301) st0216 Total st0116 Tassajara Road Realignment and Design EDTIF (Fund 4101) EDTIF3 (Fund 4303) $21,089.50 27,277.57 $48,367.07 $48,213.90 $48,213.90 $88,252.21 $21,297.94 $86,750.86 $135,117.93 36% $48,213.90 $48,213.90 100% $88,252.21 $21,297.94 st0116 Total $109,550.15 $109,550.15 100% st0119 Tassajara Rd Impvts - N Dublin to Quarry Ln School TVTD (Fund 4306) $323,012.07 $323,012.07 st0119 Total $323,012.07 $323,012.07 100% TOTAL TRAFFIC IMPACT FEE PROJECTS $542,822.52 $86,750.86 $629,573.38 86% 12 60 Attachment 3 CITY OF DUBLIN FISCAL YEAR 2022-23 BUDGET CHANGE FORM Budget Change Reference #: City Council's Approval Required From Un-Appropriated Reserves From Designated Reserves Account X Budget Transfer Between Funds Amount Account Other Amount Fire Impact Fee - Non -Dept - Impact Fee Obligation 42010010.86101 $200,000.00 REASON FOR BUDGET CHANGE Right to Reimbursement for Fire Impact Fee credit As Presented at the City Council Meeting 12/6/2022 **********Finance Use Only********** Posted By: Date: ATTACHMEI61