Check Report
Vendor Number
5495
Payable #
31705
5569
Payable #
2024-112
2024-113
2024-114
2024-115
4825
Payable #
10805195
1857
Payable #
2El8Sc.
281857
1901
Payable #
821381
821382
821383
821384
5029
Payable #
Vendor Name
CITYGATE ASSOCIATES LLC
Payable Type
Account Number
Invoice
100-2100-7068-0000
COCREATORS INC
Payable Type
Account Number
Invoice
100-6050-7068-5350
Invoice
100-6050.7068-5050
Invoice
100-6050-7068-5500
Invoice
100-6050-7068-5300
GARDA CL WEST, INC
Payable Type
Account Number
Invoice
100-1225-7068-0000
Payment Date Payment Type
01/10/2025 Virtual Payment
Post Date Payable Description
Account Name Item Description
01/10/2025 Citygate Associates
CONTRACTUAL SERVICES Citygate Associates
01/10/2025 Virtual Payment
Post Date Payable Description
Account Name Item Description
01/10/2025 CONTRACTUAL SERVICES
CONTRACT SVC - SHADO CONTRACTUAL SERVICES
01/10/2025 CONTRACTUAL SERVICES
CONTRACT SVC - DEFORG CONTRACTUAL SERVICES
01/10/2025 CONTRACTUAL SERVICES
CONTRACT SVC - STEWAR CONTRACTUAL SERVICES
01/10/2025 CONTRACTUAL SERVICES
CONTRACTSVC- SENECA CONTRACTUAL SERVICES
01/10/2025 Virtual Payment
Post Date Payable Description
Account Name Item Description
01/10/2025 CONTRACTUAL SERVICES
CONTRACTUAL SERVICES CONTRACTUAL SERVICES
LIEBERT CASSIDY WHITMORE
Payable Type
Account Number
Invoice
100-1300-7068-0005
Invoice
100-13007068-0005
MANNING & KASS, ELLR
Payable Type
Account Number
invoice
100-1300-7068-0005
Invoice
100-1300-70680005
Invoice
100 1300-7068-000S
Invoice
100-1300-7068.0005
MICHELLE COLEY
Payable Type
Account Number
Invoice
1001240-6050-0000
Invoice
1001240.6050-0000
239 Invoice
100-1240-6050-0000
1317 OCCUPATIONAL HEALTH CENTERS
Post Date
01/10/2025 Virtual Payment
Payable Description
Account Name
01/10/2025 LEGAL SERVICES
CONTRACTUAL SERVIES -
01/10/2025 LEGAL SERVICES
CONTRACTUAL SERVIES -
OD, RAMIREZ
Post Date
Account Name
01/10/2025 LEGAL SERVICES
CONTRACTUAL SERVIES - LEGAL SERVICES
01/10/2025 LEGAL SERVICES
CONTRACTUAL SERVIES - LEGAL SERVICES
Item Description
LEGAL SERVICES
LEGAL SERVICES
01/10/2025 Virtual Payment
Payable Description
Item Description
01/10/2025 LEGAL SERVICES
CONTRACTUAL SERVIES - LEGAL SERVICES
01/10/2025 LEGAL SERVICES
CONTRACTUAL SERVIES - LEGAL SERVICES
Post Date
Account Name
01/10/2025 Virtual Payment
Payable Description
Item Description
01/10/2025 HIRING COST
RECRUITMENT AND HIRI HIRING COST
01/10/2025 HIRING COST
RECRUITMENT AND HIRI HIRING COST
01/10/2025 HIRING COST
RECRUITMENT AND HIRI HIRING COST
01/10/2025 Virtual Payment
Date Range: 01/04/2025 - 01/10/2025
Discount Amount Payment Amount Number
0.00 6,009.25 APA010165
Discount Amount Payable Amount
Distribution Amount
0.00 6,009.25
6,009.25
0.00 4,050.00 APA010166
Discount Amount Payable Amount
Distribution Amount
0.00 0.00
0.00 0.00
1,100.00
1,100.00
1,250.00
1,250.00
850.00
850.00
850.00
850.00
0.00 371.98 APA010167
Discount Amount Payable Amount
Distribution Amount
0.00 371.98
371.98
0.00 4,765.50 APA010168
Discount Amount Payable Amount
Distribution Amount
0.00 304.50
304.50
0.00 4,461.00
4,461.00
0.00 6,419.06 APA010169
Discount Amount Payable Amount
Distribution Amount
0.00 0.00
0.00 0.00
196.00
196.00
3,894.87
3,894.87
1,992.19
1,992.19
336.00
336.00
0.00 750.00 APA010170
Discount Amount Payable Amount
Distribution Amount
0.00 250.00
250.00
0.00 0.00
0.00 250.00
250.00
250.00
250.00
568.00 APA010171
1/14/2025 12:14:10 PM Page 83 of 924 Page 25 of 27
Check Report Date Range: 01/04/2025 - 01/10/2025
Vendor Number
Payable #
85165301
85216183
85293553
2322
Payable N
3289
2405
Payable tt
INV102467
INV102529
Vendor Name
Payable Type
Account Number
Invoice
100-1240-6050-0000
Invoice
100-1240-6050-0000
Invoice
100-1240-6050-0000
100 2090 6019 0000
Payment Date Payment Type
Post Date Payable Description
Account Name
01/10/2025 HIRING COST
RECRUITMENT AND HIRI
01/10/2025 HIRING COST
RECRUITMENT AND HIRI
Item Description
HIRING COST
HIRING COST
Discount Amount Payment Amount Number
Discount Amount Payable Amount
Distribution Amount
0.00 335.00
335.00
01/10/2025 HIRING COST/ EMPLOYEE MEDICAL SERVI
RECRUITMENT AND HIRI HIRING COST/ EMPLOYEE MEDI
FIRST AID - MEDICAL CAR HIRING COST/ EMPLOYEE MEDI
SPORTS EQUIPMENT INSTALLATION INC 01/10/2025 Virtual Payment Payable Type Post Date Payable Description
Account Number Account Name Item Description
Invoice 01/10/2025 CONTRACTUAL SERVICES
100-1550-7068-0000 CONTRACTUAL SERVICES CONTRACTUAL SERVICES
THE COUNSELING TEAM
Payable Type
Account Number
Invoice
100 1240.6050-0000
Invoice
1001240-7068-0000
Post Date
Account Name
01/10/2025 HIRING COST
RECRUITMENT AND HIRI
01/10/2025 Virtual Payment
Payable Description
Item Description
HIRING COST
0.00 45.00
45.00 0.00 188.00
137.00
51.00 0.00 500.00 APA010172
Discount Amount Payable Amount
Distribution Amount
0.00 500.00
500.00
0.00 1,525.00 APA010173
Discount Amount Payable Amount
Distribution Amount
01/10/2025 CONTRACTUAL SERVICES
CONTRACTUAL SERVICES CONTRACTUAL SERVICES
Payment Type
Regular Checks
Manual Checks
Voided Checks
Bank Drafts
E FT's
Virtual Payments
0.00 0.00
Bank Code AP BANK WF Summary
Payable Payment
Count Count Discount Payment
8 7 0.00 76,177.16
o D 0.00 0.00
0 3 0.00 0.00
o o 0.00 0.00
237 2 0.00 99,154.43
172 77 0.00 1,463,124.91
417 89 0.00 1,638,456.50
325.00
325.00
1,200.00
1,200.00
1/14/2025 12:14:10 PM
rage 26 of 27
Check Report Date Range: 01/04/2025 - 01/10/2025
All Bank Codes Check Summary
Payment Type
Regular Checks
Manual Checks
Voided Checks
Bank Drafts
EFT's
Virtual Payments
Fund Name
999 POOLED CASH
Payable Payment
Count Count Discount Payment
8 7 0.00 76,177.16
O 0 0.00 0.00
O 3 0.00 0.00
O 0 0.00 0.00
237 2 0.00 99,154.43
172 77 0.00 1,463,124.91
417 89 0.00 1,638,456.50
Fund Summary
Period
1/2025
Amount
1,638,456.50
1,638,456.50
1/14/2025 12:14:10 PM
BEAUMONT
- C A L I F C] R N I .4
CITY COUNCIL CLOSED & REGULAR SESSION
MINUTES
December 17, 2024
Closed Session: 5:00 PM Regular Meeting: 6:00 PM
550 E. Sixth Street, Beaumont, CA
Materials related to an item on this agenda submitted to the City Council after distribution of the agenda packets are available for public inspection in the City Clerk's office at 550 E. 6th Street during normal business hours
A. CALL TO ORDER at 5:OOpm
Present: Mayor Lara, Mayor Pro Tem Voigt, Council Member White, Council Member Martinez, Council Member Fenn
B. PUBLIC COMMENTS REGARDING CLOSED SESSION
B.1 Public Employee Performance Evaluation Pursuant to Government Code Section 54957. Title: City Manager
To be continued after open session.
B.2 Conference with Legal Counsel —Anticipated Litigation — Potential Initiation of litigation pursuant to Government Code Section 54956.9(d)(4):
Two Potential Cases.
No reportable action.
C. ADJOURNMENT TO CLOSED SESSION
1
REGULAR SESSION
D. CALL TO ORDER at 6:21 p.m.
Present: Mayor Lara, Mayor Pro Tem Voigt, Council Member White, Council Member Martinez, Council Member Fenn
Report out from Closed Session: See above
Action on any Closed Session Items: None
Action of any Requests for Excused Absence: City Clerk Morgan Invocation
Pledge of Allegiance
Adjustments to the Agenda: None
Conflict of Interest Disclosure: None
E. ANNOUNCEMENTS / RECOGNITION / PROCLAMATIONS /
CORRESPONDENCE
E.1 California Public Policy Group - Update on Past Legislative Session F. PUBLIC COMMENT PERIOD (ITEMS NOT ON THE AGENDA)
None
G. CONSENT CALENDAR
Items on the consent calendar are taken as one action item unless an item is pulled for further discussion here or at the end of action items. Approval of all Ordinances and Resolutions to be read by title only.
Motion by Mayor Pro Tem Voigt
Second by Council Member Martinez
To approve the Consent Calendar
G.1 Ratification of Warrants
Ratify Warrants dated:
November 29, 2024
December 6, 2024
G.2 Approval of Minutes
Approve Minutes dated December 3, 2024.
G.3 Accept Public Improvements and Exonerate Maintenance Bond 2
Maintenance bond exoneration for street improvements associated with Cherry Ave from Oak Valley Parkway to Cougar Way (Sundance) and Traffic Signal improvements associated with Parcel Map No. 36426.
Accept the public improvements, authorize the Mayor to sign the Certificate of Acceptance, and authorize staff to issue a bond exoneration letter for maintenance bonds for (Project / Bond Number / Improvement):
• Cherry Ave from Oak Valley to Cougar Way (Sundance) / 929598708-M / Street
• Parcel Map No. 36426 / 107736393 / Traffic Signal
G.4 FY 2024 Popular Annual Financial Report
Receive and file the City's Fiscal Year End 2024 Popular Annual Financial Report.
Receive and file the City's Fiscal Year End 2024 Popular Annual Financial Report.
G.5 Fiscal Year 2024 Annual Comprehensive Financial Report and Report of Internal Control Over Financial Reporting
Fiscal Year 2024 Financial Audit and Results
Receive and file the Fiscal Year 2024 Annual Comprehensive Report and associated reports.
G.6 FY 2025-2026 Budget Timeline
Review and provide direction on proposed FY 2025-2026 budget timeline.
Receive and file.
H. YOUTH COUNCIL REPORT
Beaumont Youth Council Report Out
I. PUBLIC HEARINGS
Approval of all Ordinances and Resolutions to be read by title only.
1.1 Proposed Ordinance to Update Participation in the TUMF Program; Resolution Adopting A TUMF Schedule
Ordinance and Resolution to adopt the 2024 Nexus Study and Fee Schedule for TUMF.
Public Hearing opened at 6:47 p.m.
No comments
Public Hearing closed at 6:47 p.m.
3
Motion by Mayor Pro Tem Voigt
Second by Council Member Fenn
To waive the full reading and approve by title only, "An Ordinance of the City of Beaumont Amending and Superseding Ordinance No. 1091 to Update Participation in the Western Riverside County Transportation Uniform Mitigation Fee (TUMF) Program"; and,
Waive the full reading and adopt by title only, "A Resolution of the City Council of the City of Beaumont Amending the Applicable Transportation Uniform Mitigation Fee (TUMF) Applicable to all Developments in the City of Beaumont."
Approved by a unanimous vote
1.2 Consideration of PLAN2024-0130 for an Automobile for Hire Operation Permit for an ambulance service at 875 West Fourth Street located within the City of Beaumont
A request to operate an Automobile for Hire operation for Advantage Ambulance, Inc. located at 875 West Fourth Street in the City of Beaumont.
Public Hearing opened at 6:50 p.m.
No comments
Public Hearing closed at 6:50 p.m.
Motion by Mayor Pro Tem Voigt
Second by Council Member Martinez
To approve the PLAN2024-1030 Auto for Hire Application for Advantage Ambulance, Inc. to operate in the City of Beaumont.
1.3 Continuation of a Public Hearing of Request to Appeal Notice of Finding Under Development Agreement
Tri Pointe Homes has requested an appeal of the City Manager's Notice of Finding Under Development Agreement dated August 17, 2004.
Motion by Council Member Fenn
Second by Mayor Lara
To continue the Request to Appeal Notice of Finding Under Development Agreement dated August 17, 2004, to the City Council Meeting of January 21, 2025.
Approved by a unanimous vote
4
J. ACTION ITEMS
Approval of all Ordinances and Resolutions to be read by title only.
J.1 Appointments to City Commission, Committees and Board Appointments to Planning Commission, Financial and Audit Committee, Economic Development Committee and Board of Administrative Appeals.
Nomination to appoint current seat holders Carlos Cueva and Philip Southard to the Planning Commission
Motion by Council Member White
Second by Council Member Fenn
Motion by Council Member Fenn
Second by Mayor Pro Tem Voigt
To appoint Allen Koblin to the Planning Commission.
Approved by a unanimous vote
Motion by Mayor Pro Tem Voigt
Second by Council Member Fenn
To appoint Cesar Marrufo to the Economic Development Committee.
Approved by a 4-1 vote
Noes: White
Motion by Council Member White
Second by Council Member Fenn
To appoint DeJeanne Taylor and Ron Rader to the Economic Development Committee
Approved by a unanimous vote
Motion by Council Member White
Second by Mayor Pro Tem Voigt
To Appoint Joseph Mathews to the Economic Development Seat Approved by a unanimous vote
Motion by Council Member Fenn
Second by Mayor Lara
To appoint Richard Bennecke and Jason Doyle to the Economic Development Committee
Approved by a 3-2 vote
Noes: White, Voigt
5
Motion by Mayor Pro Tem Voigt
Second by Mayor Lara
To appoint Kathleen Billinger as an Alternate to the Economic Development Committee
Approved by a unanimous vote
Consensus to open the application period for the other vacant Alternate seat.
Consensus to readvertise for the Financial and Audit Committee.
J.2 Relocation and Replacement of the Welcome to Beaumont Electronic Billboard Sign Located at 1691 East Sixth Street (APN: 419-180-025) in the Local Commercial (LC) Zone
Consideration of application PLAN2024-0108.
Motion by Council Member Voigt
Second by Mayor Fenn
To approve PLAN2024-0108 relocation and replacement of the Welcome to Beaumont Electronic Billboard.
Approved by a unanimous vote
J.3 Award Professional Services Agreements with IMEG to Provide Facility Condition Assessments for 500 Grace Avenue and 105 Sixth Street — Capital Improvement Project CD -03
Award contracts for a term of one year to IMEG to provide facility condition assessments for 500 Grace Avenue and 105 Sixth Street.
Motion by Council Member White
Second by Mayor Lara
To award Professional Services Agreements with IMEG for a term of one year to provide facility conditions assessments for 500 Grace Avenue and 105 Sixth Street at the fixed rates in the attached proposals.
Approved by a unanimous vote
J.4 Award a Professional Services Agreement to SKM Engineering LLC for SCADA Programming and System Integration Services for Wastewater Facilities SCADA programming and system integration services for Wastewater Facilities. 6
Motion by Council Member White
Second by Council Member Voigt
To award a Professional Services Agreement to SKM Engineering LLC for SCADA programming and system integration for wastewater facilities in an amount not to exceed $75,000.
Approved by a unanimous vote
J.5 Riverside County Superintendent of Schools Special Education Vocational Education Program
Transition Partnership Program/Work Ability.
Motion by Mayor Fenn
Second by Council Member Martinez
To authorize the City Manager to execute the agreement with Riverside County Superintendent of School and Riverside County Office of Education.
Approved by a unanimous vote
J.6 Approval of Grant Agreement for the Second Street Extension City Council approval is requested for the FY 2024 Community Project Funding (CPF) Grant Agreement between the City of Beaumont and the U.S. Department of Housing and Urban Development (HUD). This agreement provides $1,000,000 in federal funding to support the Second Street Extension Project.
Motion by Council Member Martinez
Second by Council Member Voigt
To approve Grant Agreement No. B-24-CP-CA-0317 and authorize the City Manager, or their designee, to execute the agreement and related documentation necessary to implement the grant.
Approved by a unanimous vote
J.7 Right-of-way Acceptance for Veile Avenue
A resolution of the City of Beaumont accepting right-of-way for Veile Avenue as part of the conditions of approval for Hidden Canyon Industrial Park, Parcel Map No. 36426 (Project).
Motion by Council Member White
Second by Mayor Fenn
To waive the full reading and adopt by title only, "A Resolution of the City Council of the City of Beaumont, California, Accepting Right -of -Way for Veile Avenue".
7
Approved by a unanimous vote
J.8 Mayoral Appointments to Various Boards, Commissions and Committees Annual appointments to City Council Members to City and outside agency boards, commissions and committees.
Riverside Transit Agency *
A collaboration of cities within the County of Riverside to discuss transportation within the County.
Representative — Fenn
Alternate Representative - Lara
Meets the fourth Thursday of the month @ 2:OOpm
1825 Third Street, Board Room, Riverside
Transportation Now *
Regional meeting of Transit providers and community advocates to discuss regional transit issues
Representative — Fenn
Alternate Representative - Voigt
Meets the first Thursday of the month @ 12 noon
550 E 6t" St, City Hall, Beaumont
Riverside County Transportation Commission*
Oversees transportation capital projects in the Western Riverside County.
Representative — White
Alternate Representative - Fenn
Meets the Second Wednesday of the month at 9:30am
4080 Lemon Street, First Floor
Western Riverside County Regional Conservation Authority * Ajoint powers authority for the purpose of acquiring, administering, operating and maintaining land and facilities for ecosystem conservation 8
Board Member — Martinez
Alternate Board Member - Lara
Meets the first Monday of the month at 12:30pm
4080 Lemon Street, First Floor
Beaumont Cherry Valley Parks and Recreation District
Operates parks and recreation centers in the Beaumont/Cherry Valley Area Liaison — Voigt
Alternate Liaison - Martinez
Meets the second Wednesday of the month at 5:OOpm
390 W. Oak Valley Pkwy, Beaumont
Beaumont Cherry Valley Water District
Water distribution for the Beaumont, Cherry Valley and a portion of Calimesa Liaison — Martinez
Alternate Liaison - White
Meets the second Wednesday of the month at 7:OOpm
560 Magnolia Ave, Beaumont
Beaumont Unified School District
Meeting for the Board of Trustees to discuss topics within the district.
Liaison — White
Alternate Liaison - Voigt
Meets the second and fourth Tuesday of the month at 6:30pm 350 W. Brookside Ave, Beaumont
Legislative Liaison
Representation of Beaumont at Sacramento and Washington DC events.
Representative — Lara
Alternate Representative — Voigt
9
Collaborative Agency
Ajoint meeting between agencies within the City to collaborate on events and issues, initially started as an emergency operations agency.
Representative — Voigt
Alternate Representative — Martinez
Meets the first Wednesday every two months at 5:00 p.m.
City Manager and Mayor's Breakfast
Ajoint meeting between the Mayors and City Mangers of Banning, Beaumont, Morongo, Calimesa and Riverside County Supervisor.
Mayor Lara Representative
City Manager, Elizabeth Gibbs — Representative
Meets the first Thursday of the month at 7:OOam
Eastern Riverside County Interoperable Communications Authority (ERICA) Joint Powers authority of cities regarding radio communications Representative — Voigt
Kari Mendoza — Board Member Meets on the even months at 2:00 68700 Avenida Lalo Guerrero, City Hall, Cathedral City
Southern California Association of Governments*
Joint Powers Authority under State Law to address regional issues Representative — Martinez
Alternate - Voigt
Meets on the first Thursday of the month
818 West 7th Street, 12th Floor, Los Angeles
League of California Cities
Association of California City Officials to combine resources and information to influence policy
10
Voting Delegate — White
Alternate — Fenn
Rotating locations
Memorial Committee
Committee to oversee the City memorials (i.e Police and Fire Memorial, Veteran's Memorial)
Committee Member — Martinez
Alternate Committee Member — Voigt
Meets on an as -needed basis
550 E 6th St, City Hall, Beaumont
Financial and Audit Committee
Promotes enhanced fiscal responsibility, accountability, integrity and transparency.
Committee Member/Council Member — Fenn
Committee Member/Council Member - Martinez
Meets the fourth Monday on a quarterly basis at 6:OOpm
550 E 6t" St, City Hall, Beaumont
Economic Development Committee
Evaluate and provide advice and recommendations to the City Council concerning Economic Development matters.
Committee Member/Council Member — Voigt
Committee Member/Council Member - Martinez
Meets the second Wednesday of the month at 4:OOpm
550 E 6t" St, City Hall, Beaumont
Western Riverside Council of Governments*
Comprised of cities in Riverside County to discuss regional issues Committee Member/Council Member — Lara
Alternate Member/Council Member — Voigt
Meets the first Monday of the month at 2:OOpm
11
4080 Lemon St, County of Riverside Administrative Building, Riverside Water Re -Use Ad -Hoc 2x2 Committee
Collaborative meeting with the Beaumont Cherry Valley Water District to discuss logistics of re -use water from the Treatment Plant
Committee Member/Council Member — White
Committee Member/Council Member - Martinez
BCVWD Board Member
BCVWD Board Member
Meets on an as needed basis
550 E 6th ST., City Hall, Beaumont
Passcom
Board Member — Fenn
Alternate Board Member - Lara
Meets on the 2nd Tuesday of the month at 8:30am
Four Seasons Meeting Room at Main Clubhouse
Beaumont Basin Watermaster Board
Liaison - White
Meets on the 1St Wednesday of even months at 10:00 am
560 Magnolia Ave. Beaumont
Youth Council
Council Member - Martinez
Alternate — Voigt
Meets on the 2nd Tuesday of each month (September— June) at 4:OOpm 550 E 6th Street Beaumont City Hall
Policy on Land Use (PLUS) Committee
Council Member — White
Council Member — Lara
12
Meets as needed
550 E 6th Street Beaumont City HaII
Cherry Festival
To be a point of contact for the Cherry Festival Assoc and attend meetings as necessary
Liaison — White
Alternate - Voigt
Meets on the first Wednesday of each month (weekly in May) 1310 Oak Valley Parkway (CRC)
San Gorgonio Pass Regional Water Alliance
Collaborative committee to manage water resources on a regional scale Liaison - Fenn
Meets the fourth Wednesday every other month at 5:OOpm
99 East Ramsey St., Banning
San Gorgonio Pass Water Agency
Board of elected directors to discuss regional water needs Liaison — White
Meets the second and fourth Monday of each month at 1:30 p.m. 1210 Beaumont Ave
Beaumont Library District
To be the point of contact for the Board of Trustees and attend meetings as necessary
Liaison — Voigt
Alternate — Martinez
Meets on the fourth Thursday of each month at 6:30 p.m. 125 E. 8th Street
Parks and Recreation Committee
13
To discuss the Parks Master Plan and park uses throughout the City Council Member - White
Alternate — Lara
Meets on the fourth Monday on a quarterly basis at 4:00 p.m. 550 E 6t" St, City Hall, Beaumont
HR Sub -Committee
Meets on an as -needed basis for employee MOU negotiations.
Council Member — Martinez
Council Member - Voigt
Meets at City Hall
Pass Area Traffic 2x2x2 Ad Hoc
Meets on an as -needed basis for Truck Route discussions Council Member — Voigt
Council Member - Fenn
J.9 Approval of City Attorney Invoices for the Month of November 2024 City Attorney Pinkney recused for this item
Motion by Council Member Voigt
Second by Mayor Pro Tem Lara
Approve invoices in the amount of $93,722.90
Approved by a unanimous vote
K. LEGISLATIVE UPDATES AND DISCUSSION
L. ECONOMIC DEVELOPMENT UPDATE
Economic Development Committee Report Out and City Council Direction M. CITY TREASURER REPORT
Finance and Audit Committee Report Out and City Council Direction M.1 Treasurer Reports - November 2024
N. CITY CLERK REPORT
O. CITY ATTORNEY REPORT
14
P. CITY MANAGER REPORT
P.1 2024-2025 Strategic Plan Update
Q. FUTURE AGENDA ITEMS
• Assessment for the need for additional community center(s) (April) • Annexation Agreement with the County (Future)
• Pennsylvania at First Street Signal (January)
• City Sponsored Candidate Forum (February)
• Revisit Sanctuary City Definition and Clarification (April) • Review Home Based Business Requirements (February)
- Review Planning Commission Ordinance
R. COUNCIL REPORTS
Fenn - Attended the Pass EDA event and the light parade Martinez- Attended the PLUS committee meeting, Youth Council, Fire Explorer dinner, was reappointed to the Cal Cities Quality Control committee.
White - Attended Shop with a Cop, Pass EDA event, light parade, Fire Explorer dinner and gave a report out from RCTC
Voigt - Attended the Economic Development Committee and light parade Lara - Attended the Blizzard Bash, thanked staff for the downtown lights and thanked fire for the Spark of Love drive.
Adjournment to Continued Closed Session
S. CONTINUED CLOSED SESSION
T.1 Public Employee Performance Evaluation Pursuant to Government Code Section 54957. Title: City Manager
No reportable action
T. ADJOURNMENT at 11:09 p.m.
The next regular meeting of the Beaumont City Council, Beaumont Financing Authority, the Beaumont Successor Agency (formerly RDA), the Beaumont Utility Authority, the Beaumont Parking Authority and the Beaumont Public Improvement Agency is scheduled for Tuesday January 21, 2025, at 6:00 p.m. unless otherwise posted. 15
16
BAUME ONT
-C A L I F O R N I A
Staff Report
TO: City Council
FROM: Jennifer Ustation, Finance Director
DATE January 21, 2025
SUBJECT: FY2023-2024 Annual AB 1600 Compliance Report
Description Government Code Section 66006 requires cities that impose impact fees to render an annual accounting of the fees and to provide findings that support the retention of any fees that have been held more than five years and remain unexpended or have not been committed to projects. Government Code Section 66001 requires that cities that impose impact fees must make certain findings described in section 66001(d)(1) every five years as a component of the annual report.
Background and Analysis:
To ensure that mitigation fees associated with development are spent in a timely manner and on projects for which they were being collected, the State Legislature passed a bill known as AB 1600 (the Mitigation Fee Act). This bill applies to developer fees which were increased or imposed on or after January 1, 1989.
The Mitigation Fee Act (California Government Code, Section 66000 et seq.) requires local agencies that impose Development Impact Fees to present an annual, consolidated report showing the receipt and use of those fees. The Annual Status Report (Attachment A) must be available for public review within 180 days after the last day of each fiscal year and must be present at the next regularly scheduled meeting no less than 15 days after the information is made to the public. This report was posted to the City's website on December 16, 2024, and is intended to satisfy the requirements for Fiscal Year 2023-2024 as well as the five-year reporting requirements:
Specifically, the City must make available the following information for the prior fiscal year, as specified in Code Section 66006(b)(1):
1. A brief description of the type of fee in the account or fund.
2. The amount of the fee.
3. The beginning and ending balance of the account or fund.
4. The amount of the fees collected, and the 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 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 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:
and
8. The amount of refunds made pursuant to subdivision (e) of Section 66001 of the Code and any allocations pursuant to subdivision (f) of Section 66001 of the Code.
In addition, pursuant to Code Section 66001(d)(1), for the fifth fiscal year following the first deposit into the account or fund, and every five years thereafter, the City must make the following findings with respect to any remaining funds in the account, regardless of whether those funds are committed or uncommitted:
1. Identification of the purpose to which the fees are 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 in incomplete improvements identified as part of the City's annual report.
4. Identification of the approximate dates on which the funding referred to in requirement 3 is expected to be deposited into the appropriate account or fund.
Included as Attachment B is a Resolution of the City Council of the City of Beaumont making findings for unexpended development fees in accordance with Government Code Section 66000 and reviewing and accepting annual development fee disclosure information.
Fiscal Impact:
There is no fiscal impact with this report.
The estimated cost to prepare this report is $1,580.
Recommended Action:
Waive the full reading and adopt by title only, "A Resolution of the City Council of the City of Beaumont Making Findings for Unexpended Development Fees in Accordance with Government Code Section 6600 and Reviewing and Accepting Annual Development Fee Disclosure Information".
Attachments:
A. Annual Status Report on Receipt and Use of Development Impact Fees for FY 2023-24
B. Resolution
City of Beaumont
Annual AB 1600
Compliance Report
For the Fiscal Year Ended
June 30, 2024
BEAUMOHT
-C A LIFO R N I A -
City of Beaumont
Annual AB1600 Compliance Report
For the Fiscal Year Ended June 30, 2024
Pursuant to Govemment Code Section 66006, the following report on the receipt, use and retention of development impact fees for fiscal year ended June 30, 2024 is hereby presented to the City Council for review and approval. -
Fund Number/ Fund Name
(Purpose)
Per Government Code
section 66006(b)(1)(C)
Beginning Fund Balance
July 1, 2023
Per Government
Code section
66006(b)(1)(D)
Receipts
Disbursements/
Transfers Out
Transfers In
Per Government
Code section
66006(b)(1)(D)
Interest Eamings *
rei ..t-rVL•nuncnc
Code section
66006(b)(1)(C)
Ending Fund Balance
June 30, 2024
550
Alley In Leiu
Development Impact Fee
$ 6,728.22
$ -
$ -
$ -
$ 304.49
$ 7,032.71
552
Basic Services
Development Impact Fee
$ 1,179,769.15
$ 855,417.68
$ (779,308.83)
$ -
$ 64,009.35
$ 1,319,887.35
554
General Plan
Development Impact Fee
$ 231,129.48
$ 20,008.77
$ -
$ -
$ 11,012.19
$ 262,150.44
555
Recreation Facilities
Development Impact Fee
$ 1,600,479.58
$ 336,358.01
$ -
$ 123,128.05
$ 1,936,837.59
556
Traffic Impact
Development Impact Fee
$ 1,371,765.82
$ 884,284.14
$ (317,830.11)
I.-
$ -
$ 62,029.21
$ 2,000,249.06
558
Railroad Crossing
Development Impact Fee
$ 2,809,846.12
$ 790,216.73
$ (647,273.85)
$ -
$ 125,666.29
$ 3,078,455.29
559
Police Facilities
Development Impact Fee
$ 1,874,579.00
$ 295,150.27
$ (69,658.55)
$ -
$ 87,907.98
$ 2,187,978.70
560
Fire Station
Development Impact Fee
$ 5,799,822.34
$ 4,456,157.56
$ (4,485,679.00)
$ -
P.-
$ 178,521.33
$ 5,948,822.23
562
Road and Bridge
Development Impact Fee
$ 11,575,704.11
$ 6,699,474.21
$ (1,762,549.47)
$ -
$ 670,375.01
I.
$ 17,183,003.86
564
Recycled Water
Development Impact Fee
$ 4,119,073.25
$ 730,220.03
$ (150,841.07)
$ -
$ 205,336.94
$ 4,903,789.15
566
Emergency Preparedness
Development Impact Fee
$ 806,387.02
$ 278,774.00
1 $ -
$ -
$ 43,968.18
$ 1,129,129.20
567
Community Park
Development Impact Fee
$ 2,947,239.11
$ 402,669.04
$ -
$ -
$ 143,418.07
$ 3,493,326.22
568
Regional Park
Development Impact Fee
$ 1,977,512.20
$ 169,839.66
$ (169,839.66)
$ -
$ 87,250.14
$ 2,064,762.34
569
Neighborhood Park
Development Impact Fee
$ 3,728,319.26
$ 487,295.31
$ -
$ -
$ 180,874.21
$ 4,396,488.78
705-6005
Capacity Fees
Development Impact Fee
$ 7,899,132.02
$ 2,666,080.53
$ (2,530,692.80)
$ -
$ 517,705.36
$ 8,552,225.11
705-6010
Noble Creek
Development Impact Fee
$ 122,079.45
$ -
$ -
$ -
$ -
$ 122,079.45
705-6015
UpperPotrero
Development Impact Fee
$ 90,662.19
$ 2,516.60
$ -
$ -
$ -
$ 93,178.79
705-6020
Lower Potrero
Development Impact Fee
$ 641,664.04
$ -
$ - $ -
$ -
$ 641,664.04
705-6024
San Timoteo81
Development Impact Fee
$ -
$ 95,141.43
$ - $ -
$ -
$ 95,141.43
705-6025
n........ .1
/17 ...i Ael A
San Timoteo #2
Development Impact Fee
$ 148,449.79
$ 10,962.05
$ -
$ -
$ -
$ 159,411.84
705-6026
San Timoteo #3
Development Impact Fee
$ 337,950.61
$ 29,516.68
$ -
$ -
$ -
$ 367,467.29
705-6030
Southern Trunk Main
Development Impact Fee
$ 294,747.76
$ 5,331.47
$ -
$ -
$ -
$ 300,079.23
705-6035
Southwest Line
Development Impact Fee
$ 7,722.71
$ -
$ (7,722.71)
$ -
$ -
$ -
705-6040
Transm East Side
Development Impact Fee
$ 109,664.32
$ -
$ (109,664.32)
$ -
$ -
$ -
705-6045
TransmWestSide
Development Impact Fee
$ 1,100.27
$ -
$ (1,100.27)
$ -
$ -
$ -
705-6060
4th Street Extension
Development Impact Fee
$ 106,043.58
$ -
$ -
$ -
$ -
$ 106,043.58
705-6065
Willow Springs
Development Impact Fee
$ 76,236.18
$ -
$ (76,236.18)
$ -
$ -
$ -
Interest Eamings include the GASB 31 required recognition of gain/loss on investments to market value as of Fiscal Year End.
The reservation of Fund Balance and disbursement information for each of the above funds is as follows:
Fund 550 - Alley In-Lelu
Per Government Code section 66006(b)(1)(A) The purpose of this fee is to finance improvements to city alleys within the City.
Transfers Out:
Refunds
Fund Balance Designations:
Future Alley In-Leiu Facilties
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Approximate Date
of Completion
Fund 552 - Basic Services Development Impact Fees
% Funded by
Impact Fees
None
$ 7,032.71
None
None
See Note 2
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to maintain present basic services and to offset the ever-increasing demand caused in part by construction of new residential development and that said fee is necessary for the preservation of the public peace, health and safety. In January 2018, BSFF Facility Fee was renamed to Public Facility Fee.
Transfers Out:
City Hall Expansion
City Hall Furniture
Approximate Date
of Completion
CF104
F-06 $ 80,644.49 100%
% Funded by
Impact Fees
$ 698,664.34 34%
$ 779,308.83
Refunds None
Fund Balance Designations:
City Hall Furniture
Future Public Facilities
F-06
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
$33,446.82
$ 1,286,440.53
None
None
None
Fund 554 -General Plan Development Impact Fees
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to finance updates to the City's General Plan Transfers Out:
Refunds
Fund Balance Designations:
Future General Plan Update
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Approximate Date
of Completion
Fund 555 - Recreation Facilities Development Impact Fee % Funded by
Impact Fees
None
$ 262,150.44
None
None
None
Per Government Code section 66006(b)(1)(A) The purpose of this fee is to finance additional recreation facilities to serve the future development Transfers Out:
Refunds
Fund Balance Designations:
Sports Park Field Lighting and Field Expansion P-04
Nicklaus Park Field Lighting & Field Expansion P-05
Future Recreation Facilities
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Approximate Date
of Completion
Fund 556 - Traffic Impact Development Impact Fee
% Funded by
Impact Fees
None
$ 300,000.00
$ 600,000.00
$ 1,036,837.59
None
None
See Note 3
21%
100%
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to finance the construction of traffic signals and improvements needed to maintain traffic movement and safety on City streets. These fees provide the above described project funding to accommodate traffic generated by future development within the City.
Transfers Out:
Citywide Traffic Signal
Upgrade & Capacity PH1
Citywide Traffic Signal
Upgrade & Capacity PH2
Citywide Traffic Signal
Upgrade & Capacity PH3
Refunds
Fund Balance Designations:
Citywide Traffic Signal Upgrade & Capacity 22/23
Citywide Traffic Signal Upgrade & Capacity 23/24
Cougar and Beaumont Ave Traffic Signal
Traffic Signal at OVP and Palm Ave
Smart Technology Intersections
Citywide Traffic Signal Upgrade & Capacity FY25
Future Traffic Signal Development
Approximate Date % Funded by
of Completion Impact Fees
R-02 Completed $ 92,200.00 100%
R-11 Completed $ 6,942.27 100%
R-13 Completed $ 218,687.84 100%
$ 317,830.11
None
R-13
R-34
R25-06
R25-07
R25-08
R25-03
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Completed
Completed
Jun -25
Dec -25
Dec -25
Jun -26
Fund 558- Railroad Crossing Development Imp.1;:i Fee
$55,712.16
$150,000.00
$200,000.00
$300,000.00
$300,000.00
$150,000.00
$ 844,536.90
None
None
See Note 4
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to finance the construction of Railroad Crossings, traffic signals, improvements needed to maintain traffic movement and safety on City street. These fees provide the above described project funding to accommodate traffic generated by future development within the City.
Approximate Date
Transfers Out: of Completion
Pennsylvania Ave/Grade Seperation
% Funded by
Impact Fees
2017-012 $ 647,273.85 25%
$ 647,273.85
Refunds None
Fund Balance Designations:
Pennsylvania Ave/Grade Seperation
Pennsylvania Ave/Grade Seperation
2017-012 $ 126,287.33
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 559- Police Facilities Development Impact Fee
$ 2,952,167.96
None
None
See Note 5
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to finance additional police facilities to serve future development.
Approximate Date
Transfers Out: of Completion
Building C Renovations
New Police Station Design
Refunds
Fund Balance Designations:
New Police Station Design
Future Police Station
PS -06
PS -07
PS -07
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 560 - Fire Station Development Impact Fee
% Funded by
Impact Fees
$ 54,358.55 100%
$ 15,300.00 9%
$ 69,658.55
None
$ 780,447.00
$ 1,407,531.70
None
None
See Note 6
Per Government Code section 66006(b)(1)(A)The Fee is used to fund the design, permitting, administration, acquisition, construction of fire station facilities and equipment necessary to serve future development in the City.
Transfers Out:
Fire Station 106
Fire Station 106 Equipment
2017-028
F-05
Approximate Date
of Completion
% Funded by
Impact Fees
$ 4,317,303.48 49%
$ 168,375.52
$ 4,485,679.00
Refunds None
Fund Balance Designations:
Fire Station 106
Fire Station 106 Equipment
Future Fire Station Facilities
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 562 - Road and Bridge Development Impact Fee
$ 131,624.48
$ 82,696.52
$ 5,734,501.23
None
None
None
100%
Per Government Code section 66006(b)(1)(A)This fee was established to prepare the Beaumont Road and Bridge District Area of Benefit District Fee Study to fairly and equiably allocate transportation facility cost for required improvements in accordance with Ordinance No. 837 and AB1600.
Approximate Date
Disbursements: of Completion
% Funded by
Impact Fees
Pennsylvania Ave
2nd Street Extension
Pennsylvania Widening
Oak Valley Pkwy Expansion
2nd Street Extension Construction
2017-001 $ 18,844.67 100%
2019-009 Completed $ 2,361.85 100%
2017-009 Apr -25 $ 1,720,000.00 28%
R-01 $ 4,729.20 100%
R-12 2028 $ 16,613.75 48%
$ 1,762,549.47
Refunds None
Fund Balance Designations:
Pennsylvania Ave
Pennsylvania Ave/UPR Grade Sep
2nd Street Extension
Oak Valley Pkwy Expansion
2nd Street Extension Construction
Potrero Interchange Ramps
1st St Widening Feasibility
8th St Sidewalk Feasibility
Future Transportation Facilities
2017-001 $ 640,169.97
2017-012 $ 5,178,556.00
2019-009 Completed $ 6,339.50
R-01 $ 595,270.80
R-12 2028 $ 2,770,383.09
2016-003PH2 2028 $ 1,525,310.00
R25-04 Jun -25 $ 500,000.00
R25-05 Jun -25 $ 50,000.00
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
$ 5,916,974.50
None
None
See Note 7
Fund 564 - Recycled Water Development Impact Fees
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to make provisions for assessing and collecting fees referred to as "water facilties fees" as a condition of issuing a permit for development of any portion of land which is benefitted by the acquisition and construction of the Southwest Properties Water Project for the purpose of defraying the actual or estimated cost of construction of the improvements.
Disbursements:
WWTP EXP Ph 1
Recycled Water Study
2017-005
WW -14
Approximate Date
of Completion
22 -Oct $ 59,564.11
2027 $ 156,313.46
$ 215,877.57
Refunds None
Fund Balance Designations:
Recycled Water Study WW -14 $ 1,943,686.54
Future Recycled Water Facilities $ 2,960,102.61
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
None
None
See Note 8
% Funded by
Impact Fees
4%
100%
Fund 566 - Emergency Preparedness Development Impact Fee Per Government Code section 66006(b)(1)(A)This fee is established for the purpose of continuing growth of the City of Beaumont combined with the expectation of high quality services by its citizens, and has been a catalyst for review of City's existing and future public facilities, as well as a variety of emergencies, near -disasters which provides care for its citizens during disasters and other as well emergencies affecting public health and welfare Transfers Out:
No Disbursements
Approximate Date
of Completion
% Funded by
Impact Fees
Refunds None
j=unc Balance Designations:
Future Emergency Preparedness Facilties $ 1,129,129.20
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
None
None
None
Fund 567 - Community Park Development Imt, ;ct Fee
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to finance land acquisition and construction of community parks with related amentities. Fee was effective January 22, 2019.
Approximate Date
Fee is effective January 22, 2019. of Completion
% Funded by
Impact Fees
Refunds None
Fund Balance Designations:
Stewart Park
Sports Park Playground Expansion
P-10
P25-05
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 568 - Regional Park Development Impact Fee
$ 3,606,853.00
$ 711,365.00
$ (824,891.78)
None
None
See Note 9
Per Government Code section 66006(b)(1)(A)The purpose of this fee Is to finance construction of regional parks and amenities.
Effective January 22, 2018, the Regional Park Fee was eliminated.
Transfers Out:
Sports Park Field Lighting
and Expansion
Nicklaus Park Field Lighting
and Expansion
Approximate Date % Funded by
of Completion Impact Fees
P-04 Dec -25 $ 126,365.34 21%
P-05 2028 $ 43,474.32 100%
$ 169,839.66
Refunds None
Fund Balance Designations:
Sports Park Field Lighting
and Expansion
Nicklaus Park Field Lighting
and Expansion
Sports Park Playground Expansion
Future Regional Park Facilities
P-04 Dec -25 $ 845,113.29
P-05 2028 $
P25-05 Dec -25 $
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 569 - Neighborhood Park Development Impact Fee
856,525.68
141,286.00
$ 221,837.37
None
None
See Note 10
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to finance land acquisition and construction of neighborhood parks with related amendities. Fee is effective January 22, 2019.
Approximate Date
Transfers Out: of Completion
% Funded by
Impact Fees
Refunds None
Fund Balance Designations:
Nicklaus Park Field Lighting
and Expansion
P-05 2028 $ 1,349,000.00
Future Workforce Development Projects $ 3,047,488.78
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 705-6005 Capactiv Fee
None
None
See Note 11
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to finance the capacity increase in the Waste Water Treatment Plant.
Transfers Out:
Mesa Force Main and Pump
Replacement
Brine Pipeline
Mesa Force Main
Construction
Wastewater Treatment Plant
Improvements
Approximate Date
of Completion
% Funded by
Impact Fees
WW -04 Jun -26 $ 451.11 100%
2017-006 completed $ 120,000.65 17%
WW -09 Feb -25 $ 2,385,685.52 100%
W W 24-01
Oct -25 $ 25,457.45 19%
$ 2,531,594.73
Refunds None
Fund Balance Designations:
Mesa Force Main and Pump
Replacement WW -04 Jun -26 $ 212,456.71
Mesa Force Main
Construction WW -09 Feb -25 $ 1,219,590.71
Mesa Lift Station Construction WW -11 Jun -26 $ 5,455,082.00 WWTP Improvements WW24-01 Oct -25 $ 440,173.55
Upper Oak Pump Capacity Study WW25-11 Jul -25 $ 25,000.00 Sewer Improvements within City - Study WW25-13 Jul -25 $ 25,000.00 Beaumont Highlands Sewer Infrastructure Study WW25-14 May -25 $ 25,000.00 Future Capacity Projects $ 1,149,922.14
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 705-6010 Noble Creek Development Impact Fee
None
None
None
Per Government Code section 66006(b)(1)(A)The Purpose of this fee is for the finance of construction for sewer force main and related infrastructure.
Transfers Out:
No Disbursements
Approximate Date
of Completion
% Funded by
Impact Fees
Refunds None
Fund Balance Designations:
Force Maint at the Elevated Sewer Bridge Jun -25 $ 122,079.45 Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
None
None
See Note 12
Fund 705-6015 Upper Potrero Development Impact Fee
Per Government Code section 66006(b)(1)(A)The Purpose of this fee is to finance sewer mains, force mains, and other sewer related infrastructure
Transfers Out
No Disbursements
Approximate Date
of Completion
% Funded by
Impact Fees
Refunds None
Fund Balance Designations:
Sewer and Manholes Dec 25 $ 300,079.23
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
None
None
See Note 13
Fund 705-6020 Lower PotreroDevelooment Impact Fee
Per Government Code section 66006(b)(1)(A)The Purpose this fee is to finance sewer mains, force mains, and other sewer related
infrastructure
Transfers Out
No Disbursements
Approximate Date
of Completion
% Funded by
Impact Fees
Refunds None
Fund Balance Designation:;:
Sewer and Manholes Dec -25 $ 641,664.04
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 705-6024 San Timoteo #1 Development Impact Fee
None
None
See Note 14
Per Government Code section 66006(b)(1)(A)This Fee Study calculates a proposed facility fee based upon the reasonable apportionment of sewer facility costs to measurable units of development Transfers Out:
No Disbursements
Approximate Date
of Completion
% Funded by
Impact Fees
Refunds None
Fund Balance Designations:
Embankment protection for sewer lines Dec -25 $
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 705-6025 San Timoteo #2 Development Impact Fee
95,141.43
None
None
None
Per Government Code section 66006(b)(1)(A)This Fee Study calculates a proposed facility fee based upon the reasonable apportionment of sewer facility costs to measurable units of development in accordance with Government code Section 6600 Transfers Out:
No Disbursements
Approximate Date
of Completion
% Funded by
Impact Fees
Refunds None
Fund Balance Designations:
Embankment protection for sewer lines Dec -25 $ 159,411.84 Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 705-6026 San Timoteo #3 Development Impact Fee
None
None
See Note 15
Per Government Code section 66006(b)(1)(A)This Fee Study calculates a proposed facility fee based upon the reasonable apportionment of sewer facility costs to measurable units of development in accordance with Government code Section 6600 Transfers Out:
No Disbursements
Approximate Date
of Completion
% Funded by
Impact Fees
Refunds None
Fund Balance Designations:
Embankment protection for sewer lines Dec -25 $ 367,467.29 Interfund Loans None
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
None
See Note 16
Fund 705-6030 Southern Trunk Main Development Impact Fee Per Government Code section 66006(b)(1)(A)The purpose of this fee is to establish and generate revenues sufficient to install sewer trunk main, bridge and major thoroughfare transportation facilities.
Transfers Out:
No Disbursements
Refunds
Fund Balance Designations:
Manholes and manhole lining along sewer line
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Approximate Date
of Completion
% Funded by
Impact Fees
None
Jun -26 $ 300,079.23
None
None
See Note 17
Fund 705-6035 South West Line Development Impact Fee
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to establish and generate revenues sufficient to install sewer line facilities
Transfers Out:
Mesa Force Maint Construction WW -09
Approximate Date
of Completion
% Funded by
Impact Fees
Feb -25 $ 7,722.71 100%
$ 7,722.71
Refunds None
Fund Balance Designations:
No Future Projects $
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 705-6040 Trans East Side Development Impact Fee
None
None
None
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to establish and generate revenues sufficient to install sewer line facilities
Transfers Out:
Mesa Force Maint Construction WW -09
Approximate Date
of Completion
% Funded by
Impact Fees
Feb -25 $ 109,664.32 100%
$ 109,664.32
Refunds None
Fund Balance Desi,:nations:
No Future Projects $
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 705-6045 Trans West Side Development Impact Fee
None
None
None
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to establish and generate revenues sufficient to install sewer line facilities
Transfers Out:
Mesa Force Maint Construction WW -09
Approximate Date
of Completion
% Funded by
Impact Fees
Feb -25 $ 1,100.27 100%
$ 1,100.27
Refunds None
Fund Balance Designations:
No Future Projects
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 705-6060 4th St Extension Development Impact Fee
None
None
None
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to finance the construction of the extension of 4th Street. These fees provide the above described project funding to accommodate traffic generated by future development within the City Transfers Out:
No Disbursements
Approximate Date
of Completion
% Funded by
Impact Fees
Refunds None
Fund Balance Designations:
Manholes and gravity sewer $ 106,043.58
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
Fund 705-6065 Willow Sprinas Development Impact Fee
None
None
See Note 18
Per Government Code section 66006(b)(1)(A)The purpose of this fee is to establish and generate revenues sufficient to install sewer line facilities
Transfers Out:
Mesa Force Maint Construction WW -09
Approximate Date
of Completion
% Funded by
Impact Fees
Feb -25 $ 76,236.18 100%
$ 76,236.18
Refunds None
Fund Balance Designations:
No Future Projects $
Interfund Loans
Unreserved Fund Balance
Funds unexpended or uncommitted for five years or more
None
None
None
Government Code section 66006(b)(1)(F) - approximate date have been included in the report Government Code section 66006(b)(1)(F)(ii) Not Applicable Government Code section 66006(b)(1)(F)(iii) Not Applicable
City of Beaumont
FIVE-YEAR REVENUE TEST USING FIRST IN FIRST OUT METHOD
FISCAL YEAR ENDED JUNE 30, 2024 (UNAUDITED)
Project Expenditures
Development
Impact Fee Fund Balance Unexpended
Fund Purpose June 30, 2019 2020 2021 2022 2023 2024 Total Funds (Note 1) Note 55O Alley In Leiu $ 35,521.17 24,154.99 5,266.18 - - 29,421.17 $ 6,100.00 2 552 Basic Services $ 795,597.57 49,914.28 31,343.88 182,953.78 93,859.54 437,526.09 795,597.57 $ - 554 General Plan $ 1,242.03 1,242.03 - - 1,242.03 $ -
555 Recreation
Facilities $ 724,467.51 - - - - - $ 724,467.51 3
556 Traffic Impact $ 1,399,682.55 209,037.64 105,497.07 182,953.78 503,637.80 317,830.11 1,318,956.40 $ 80,726.15 4 558 Railroad
Crossing $ 2,216,170.13 160,825.73 4,157.00 28,323.25 159,961.06 647,273.85 1,000,540.89 $ 1,215,629.24 5 559 Police Facilities $ 637,713.18 - 222,860.21 (34,715.70) 69,658.55 257,803.06 $ 379,910.12 6 560 Fire Station $ 4,095,097.06 89,915.00 (139,841.91) • - 4,145,023.97 4,095,097.06 $ - 562 RBriand
dge $ 6,963,627.11 572,012.85 294,136.87 (385,591.67) 1,240,898.34 1,762,549.47 3,484,005.86 $ 3,479,621.25 7 564 Recycled Water $ 2,229,196.81 353,435.22 (353,435.22) - 1,223,151.83 150,841.07 1,373,992.90 $ 855,203.91 8 566 Emergency
Preparedness $(1,478,344.46) - - - $
567 Community
Park $ 994,094.89 517,629.12 99,646.49 257,832.00 - - 875,107.61 $ 118,987.28 9 568 Regional Park $ 1,920,245.00 - - 28,52L37 169,839.66 198,361.03 $ 1,721,883.97 10 569 Neighborhood
Park $ 1,203,019.72 626,417.56 - 279,435.20 8,775.80 - 914,628.56 $ 288,391.16 11 705-6005 Capacity Fees $ 3,757,652.76 4,560,082.03 (1,184,744.85) 382,315.58 3,757,652.76 $ - 705-6010 Noble Creek $ 55,199.22 - - $ 55,199.22 12
705-6015 Upper Potrero $ 92,008.81 - 92,008.81 13
705-6020 Lower Potrero $ 473,987.38 - $ 473,987.38 14
705-6024 San Timoteo #1
Upper Oak Valley $ $
705-6025 San Timoteo #2
Lower Oak
Valley $ 100,568.54
705-6026 San Timoteo #3
Beaumont Mesa $ 7,500.14
705-6030 Southern Trunk
Main $ 293,356.64
705-6035 Southwest Line $ 7,443.28
705-6040 Transm East
Side $ 105,696.24
705-6045 Transm West
Side $ 1,060.45
705-6060 4th Street
Extension $ 101,168.60
705-6065 Willow Springs $ 72,731.49
Notes:
100,568.54 15
7,500.14 16
293,356.64 17
7,443.28
7,443.28
105,696.24 105,696.24
1,060.45 1,060.45
101,168.60 18
72,731.49 72,731.49
CITY OF BEAUMONT
FIVE-YEAR REVENUE TEST USING FIRST IN FIRST OUT METHOD
FISCAL YEAR ENDED JUNE 30, 2024 (UNAUDITED)
1. All unexpended funds indicate the amount being held beyond the five year limit as described by AB1600
2. The unexpended Alley In Leiu funds will be expended on alley work in current fiscal year
3. The unexpended Recreation Facility funds will be expended on the Sports Park and Nicklaus Park projects programmed within the CIP
4. The unexpended Traffic Impact funds will be expended on Citywide Traffic Signal Upgrade and Capacity projects programmed within the CIP
5. The unexpended Railroad Crossing funds will be expended on the Pennsylvania Ave Grade Seperation project programmed within the OP
6. The unexpended Police Facilities funds will be expended on New Police Station Design project programmed within the CIP
7. The unexpended Road and Bridge funds will be expended on the 2nd Street Construction Project programmed within the CIP
8. The unexpended Recycled Water funds will be expended on the Recycled Water Study programmed within the CIP
9. The unexpended Community Park funds will be expended on the Stewart Park project programmed within the CIP
10. The unexpended Regional Park funds will be expended on the Sports Park and Nicklaus Park projects programmed within the CIP
11. The unexpended Neighborhood Park funds will be expended on the Nicklaus Park project programmed within the CIP
12. The unexpended Noble Creek funds will be expended on Force Maint on the Elevated Sewer Bridge as programmed in CIP
13. The unexpended Upper Potrero funds will be expended on Sewer and Manhole projects as programmed in CIP
14. The unexpended Lower Potrero funds will be expended on Sewer and Manhole projects as programmed in CIP
15. The unexpended Sari Timoteo #2 Lower Oak Valley funds will be expended on Embankment Protection for Sewer Lines projects as programmed within CL
16. The unexpended San Timoteo #3 funds will be expended on Embankment Protection for Sewer Lines as programmed within CIP
17. The unexpended Southem Trunk Main funds will be expended on Manholes and Manhole Lining Along the Sewer Line as programmed in CIP
18. The unexpended 4th St Extension funds will be expended on Manholes and Gravity Sewer as programmed in CIP
Development Impact Fee Rate Table
RESIDENTIAL IMPACT FEES
Cite -Wide (Except as otherwise noted
Impact Fee Description
Single Family
(DU)
Multi -family
(DU)
Mobile
(DU)
fire Protection Impact
$ 706.18
$ 225.99
$ 338.98
Police Facilities Impact
609.77
512.98
567.17
Public Facility
519.84
437.34
483.53
Streets and Bridges Impact
2,779.52
1,867.44
1,620.27
Traffic Signal Impact
305.29
205.11
177.96
Railroad Xing Impact
328.08
220.42
191.25
General Plan Fee
50.00 50.00
35.00 Emergency Preparedness Fee (Ord 814)
729.63
729.63
729.63
Recycled Water Facility Fee (Ord 972)
786.64
786.64
786.64
Sewer Application
25.00 25.00
25.00 Noble Creek Trunk Main Sewer
168.08
168.08
168.08
Noble Creek Force Main Sewer
173.00
173.00
173.00
Noble Creek Collector Sewer
886.86
886.86
886.86
Potrero Sewer
912.66
912.66
912.66
Willow Springs Sewer
453.80
453.80
453.80
Gateway Sewer
415.95
415.95
415.95
Upper Potrero Sewer
251.66
251.66
251.66
Lower Potrero Sewer
492.16
492.16
492.16
Southern Trunk Main Sewer
90.15 90.15
90.15 Lower Oak Valley Sewer
996.55
996.55
996.55
Upper Oak Valley Sewer
857.13
857.13
857.13
Beaumont Mesa Sewer
241.94
241.94
241.94
Fourth Street Extension (Trans EDU)
509.05
509.05
509.05
Sewer Disposal Facility Fee (Ord 1087)
6,467.97
6,467.97
6,467.97
Recreation Facilities Impact
811.17
682.42
754.52
Community Park In -Lieu
2,655.13
2,233.68
2,469.68
JNexgnDornood l'ark In -Lieu
3,213.14
2,703.12
2,988.73
Total - Int ill
$ 26,436.35
, $ 23,596.73
_ $ 24,085.32
DIF Rate Table
NON-RESIDENTIAL IMPACT FEES
Cit\ -Wide (Except as otherwise noted)
Impact Fee Description
Commercial
General
(KSF)
Industiral/
Business Park
(KSF)
Industrial/High
Cube Warehouse
(KSF)
kire I'rotechon Impact
$ 259.38
$ 203.41
$ 162.12
Police Facilities Impact
135.51
89.26 54.19
Public Facility
115.52
76.09 46.21
Streets and Bridges Impact
3,432.78
2,281.44
329.55
Traffic Signal Impact
377.04
250.59
34.97 Railroad X'ing Impact
405.18
269.29
38.89 General Plan Fee
0.05 0.05
0.05 Emergency Preparedness Fee (Ord 814)
0.22 0.22
0.22 Recycled Water Facility Fee (Ord 972)
786.64
786.64
786.64
Sewer Application
25.00 25.00
25.00 Noble Creek Trunk Main Sewer
168.08
168.08
168.08
Noble Creek Force Main Sewer
173.00
173.00
173.00
Noble Creek Collector Sewer
886.86
886.86
886.86
Potrero Sewer
912.66
912.66
912.66
Willow Springs Sewer
453.80
453.80
453.80
tateway Sewer
415.95
415.95
415.95
Upper Potrero Sewer
251.66
251.66
251.66
Lower Potrero Sewer
492.16
492.16
492.16
Southern Trunk Main Sewer
90.15 90.15
90.15 tower Oak Valley Sewer
996.55
996.55
996.55
Upper Oak Valley Sewer
857.13
857.13
857.13
Beaumont Mesa Sewer
241.94
241.94
241.94
Fourth Street Extension (Trans EDU)
509.05
509.05
509.05
hewer Disposal Facility tee lura iutlYj
6,467.97
6,467.97
6,467.97
Total - Intill
$ 18,454.28
$ 16,898.95
$ 14,394.80
DU=Dwelling Unit
KSF=1,000 gross square feet of building space
DIF Rate Table
RESOLUTION NO. XX-24
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF BEAUMONT MAKING FINDINGS FOR
UNEXPENDED DEVELOPMENT FEES IN
ACCORDANCE WITH GOVERNMENT CODE
SECTION 66000 AND REVIEWING AND
ACCEPTING ANNUAL DEVELOPMENT FEE
DISCLOSURE INFORMATION
WHEREAS, the Mitigation Fee Act, Government Code Section 66000 et seq., authorizes the City to impose, collect, and expend mitigation fees to offset the impacts of development within the City; and
WHEREAS, among the procedural requirements mandated by the Mitigation Fee Act is a requirement that beginning with the fifth fiscal year following deposit of development fees into a designated account, and each fifth fiscal year thereafter, the City make specified findings regarding any portion of the fees that remain unexpended; and WHEREAS, the City has deposited all development impact fees that it has received in a separate non -commingled capital facilities fund established for such a purpose, pursuant to Government Code Sections 66006(a) and (b); and
WHEREAS, a portion of the fees currently deposited in the City's Development Impact Funds for: Alley in Leiu, Recreation Facilities, Traffic Impact, Railroad Crossing, Police Facilities, Road and Bridge, Recycled Water, Community Park, Regional Park, Neighborhood Park, Noble Creek, Upper Potrero, Lower Potrero, San Timoteo #2, San Timoteo #3, Southern Trunk Main, and 4th Street Extension were collected over five years ago, and therefore the City wishes to make the findings required by Government Code Section 66001(d); and WHEREAS, the City also wishes to memorialize that it has made public certain information, pursuant to the annual information disclosure requirements of Government Code Section 66006(b), including but not limited to the amount of the fee, the beginning and ending balance of the fee account or fund, and the interest earned thereon, available to the public at least fifteen (15) days before the City Council considers this matter. The information required by Government Code Sections 66001 and 66006 is set forth in the FY 2023-24 AB1600 Annual and Five -Year Report: City of Beaumont ("Development Impact Fee Report") considered concurrently herewith; and
WHEREAS, on December 16, 2024, the information in the above -referenced recital was made available to the public as required by Government Code Section 66006(b); and WHEREAS, on January 21, 2025, the above -referenced recitals were presented to City Council at a duly noticed, regularly scheduled public meeting.
NOW, THEREFORE, the City Council of the City of Beaumont hereby finds, determines, and resolves as follows:
Section 1. The recitals set forth above are true and correct and are incorporated herein by
01181.0005/858454.1
reference.
Section 2. The City Council has considered the full record before it, which may include but is not limited to the staff report, the Development Impact Fee Report, testimony by staff and the public, and other materials and evidence submitted or provided.
Section 3. The City Council finds that the Alley In-Leiu Development Impact Fee Fund currently contains $6,100 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to complete certain alley improvements.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because expanded City facilities are required to accommodate the additional service needs associated with the properties that paid these fees.
C. The estimated total cost of expanded alleys will be completed within improvements made by the Public Works Department. The City's funding sources will include the unexpended Development Impact Fees of $6,100
D. The unexpended fees were deposited in the Alley In Lieu Development Impact Fees Fund, which is the appropriate fund to alley facilities. There will be no future fees as this fee is no longer collected. The approximate datebywhich the above Development Impact Fee funds will be deposited into the appropriate account or fund for expenditure in 2026.
Section 4. The City Council finds that the Recreation Development Impact Fee Fund currently contains $724,467.51 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to design and construct Sports Park and Nicklaus Park Recreation Facilities to mitigate impacts of new development.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the improvements will mitigate impacts of development of the properties that paid these fees.
C. The estimated total cost of the Sports Park and Nicklaus Park recreation facilities was included in the 2024 Development Impact Fee Study. The City's funding sources will include unexpended Development Impact Fees of $724,467.51, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Recreation Development Impact Fees Fund, which is the appropriate fund to finance these recreation facilities improvements. All future fees
01181.0005/858454.1
will also be deposited into this fund. The approximate date by which the above Development Impact Fee funds will be deposited into the appropriate account or fund for expenditure is 2026.
Section 5. The City Council finds that the Traffic Impact Development Impact Fee Fund currently contains $80,726.15 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to design and improve the City's traffic light facilities to accommodate new development.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the traffic light improvements will mitigate impacts of development from the properties that paid these fees.
C. The estimated total cost of traffic light improvements will have been included in the adopted 2024 Development Impact Fee Study. The City's funding sources will include unexpended Development Impact Fees of $80,726.15, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Traffic Impact Development Impact Fees Fund, which is the appropriate fund to finance these traffic light improvements. All future fees will also be deposited into this fund. The approximate date by which the above Development Impact Fee funds will be deposited into the appropriate account or fund for expenditure is 2026.
Section 6. The City Council finds that the Railroad Crossing Development Impact Fee Fund currently contains $1,215,629.24 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to make improvements identified in the Development Impact Fee Study including but not limited to design and improve the Pennsylvania Ave Grade Separation to accommodate new development.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the improvements to the identified improvements in the Development Impact Fee Study including but not limited to the Pennsylvania Ave Grade Separation project will help mitigate the impact from development of the properties that paid these fees.
C. The estimated total cost of this railroad crossing improvement was included in the 2024 Development Impact Fee Study. The City's funding sources will include unexpended Development Impact Fees of $1,215,629.24, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Railroad Crossing Development Impact Fees Fund, which is the appropriate fund to finance this railroad crossing improvement.
The approximate date by which the above Development Impact Fee funds will be
01181.0005/858454.1 3
deposited into the appropriate account or fund for expenditure is 2026.
Section 7. The City Council finds that the Police Facilities Development Impact Fee Fund currently contains $379,910.12 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to make improvements identified in the Development Impact Fee Study including but not limited to update the new police station design.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the police station design will positively impact the properties that paid these fees.
C. The estimated total cost of the improvements identified in the Development Impact Fee Study including but not limited to the new police station design was included in the 2024 Development Impact Fee Study. The City's funding sources will include unexpended Development Impact Fees of $379,910.12, future fees, and contributions from the Sewer Operating Fund.
D. The unexpended fees were deposited in the Police Facilities Development Impact Fees Fund, which is the appropriate fund to finance the new police station design. All future fees will also be deposited into this fund. The approximate date by which the above Development Impact Fee funds will be deposited into the appropriate account or fund for expenditure is 2026.
Section 8. The City Council finds that the Road and Bridge Development Impact Fee Fund currently contains $3,479,621.25 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to make the improvements identified in the Development Impact Fee Study including but not limited to the Potrero Interchange Ramps in the city.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the improvements identified in the Development Impact Fee Study including but not limited to the Potrero Interchange Ramps will help mitigate impacts from development of the properties that paid these fees.
C. The estimated total cost of improvements identified in the Development Impact Fee Study including but not limited to the Potrero Interchange Ramps was included in the 2024 Development Impact Fee Study. The City's funding sources will include unexpended Development Impact Fees of $3,479,621.25, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Road and Bridge Development Impact Fees Fund, which is the appropriate fund to finance the improvements. All future fees will also be deposited into this fund. The approximate date by which the above Development Impact Fee funds will be deposited into the appropriate account or fund for expenditure
01181.0005/858454.1 4
is 2026.
Section 9. The City Council finds that the Recycled Water Development Impact Fee Fund currently contains $855,203.91 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to complete the Recycled Water Study.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the improvements from the study will help mitigate impacts from development of the properties that paid these fees.
C. The estimated total cost of the study was included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $855,203.91, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Recycled Water Development Impact Fee Fund, which is the appropriate fund to finance the study. All future fees will also be deposited into this fund. The approximate date by which the above Development Impact Fee funds will be deposited into the appropriate account or fund for expenditure in 2026.
Section 10. The City Council finds that the Community Park Development Impact Fee Fund currently contains $118,987.28 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to make improvements identified in the Development Impact Fee Study including but not limited to complete the Stewart Park improvement.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because improvements identified in the 2024 Development Impact Fee Study including but not limited to the Stewart Park improvements will help mitigate impacts from development of the properties that paid these fees.
C. The estimated cost of the improvements identified in the 2024 Development Impact Fee Study including but not limited to the Stewart Park project is included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $118,987.28, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Community Park Development Impact Fee Fund, which is the appropriate fund to finance the Stewart Park improvements. All future fees will also be deposited into this fund. The approximate date by which the above0)461126Dt4Nact Fee Funds will be deposited into the 01181.0005/858454.1
appropriate account or fund for expenditure in 2025.
Section 11. The City Council finds that the Regional Park Development Impact Fee Fund currently contains $1,721,883.97 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to complete the Stewart Park improvement.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the Stewart Park improvements will help mitigate impacts from development of the properties that paid these fees.
C. The estimated cost of the Stewart Park project is included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $1,721,883.97, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Regional Park Development Impact Fee Fund, which is the appropriate fund to finance the Stewart Park improvements. All future fees will also be deposited into this fund. The approximate date by which the above Development Impact Fee Funds will be deposited into the appropriate account or fund for expenditure in 2025.
Section 12. The City Council finds that the Neighborhood Park Development Impact Fee Fund currently contains $288,391.16 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to make improvements identified in the Development Impact Fee Study including but not limited to complete the Nicklaus Park improvement.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the improvements identified in the Development Impact Fee Study including but not limited to Nicklaus Park improvements will help mitigate impacts from development of the properties that paid these fees.
C. The estimated cost of the Nicklaus Park project is included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $288,391.16, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Neighborhood Park Development Impact Fee Fund, which is the appropriate fund to finance the Nicklaus Park improvements. All future fees will also be deposited into this fund. The approximate date by which the above koll ;, 7. ut62wact Fee Funds will be deposited into the 01181.0005/858454.1
appropriate account or fund for expenditure in 2025.
Section 13. The City Council finds that the Noble Creek Development Impact Fee Fund currently contains $55,199.22 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to complete the Force Main at the Elevated Sewer Bridge improvement.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the Force Main at the Elevated Sewer Bridge improvements will help mitigate impacts from development of the properties that paid these fees.
C. The estimated cost of the Force Main at the Elevated Sewer Bridge project are included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $55,199.22, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Noble Creek Development Impact Fee Fund, which is the appropriate fund to finance the Force Main at the Elevated Sewer Bridge improvements. All future fees will also be deposited into this fund. The approximate date by which the above Development Impact Fee Funds will be deposited into the appropriate account or fund for expenditure in 2025.
Section 14. The City Council finds that the Upper Potrero Development Impact Fee Fund currently contains $92,008.81 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to complete Sewer and Manhole improvements.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the Sewer and Manhole improvements will help mitigate impacts from development of the properties that paid these fees.
C. The estimated cost of the Sewer and Manhole project are included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $92,008.81, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Upper Potrero Development Impact Fee Fund, which is the appropriate fund to finance the Sewer and Manhole improvements. All future fees will also be deposited into this fund. The approximate date by which the above pg6611 62Nact Fee Funds will be deposited into the 01181.0005/858454.1 7
appropriate account or fund for expenditure in 2025.
Section 15. The City Council finds that the Lower Potrero Development Impact Fee Fund currently contains $473,987.38 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to complete Sewer and Manhole improvements.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the Sewer and Manhole improvements will help mitigate impacts from development of the properties that paid these fees.
C. The estimated cost of the Sewer and Manhole project are included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $473,987.38, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Lower Potrero Development Impact Fee Fund, which is the appropriate fund to finance the Sewer and Manhole improvements. All future fees will also be deposited into this fund. The approximate date by which the above Development Impact Fee Funds will be deposited into the appropriate account or fund for expenditure in 2025.
Section 16. The City Council finds that the San Timoteo #2 Development Impact Fee Fund currently contains $100,568.54 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to complete Embankment Protection for Sewer Lines improvements.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the Embankment Protection for Sewer Lines improvements will help mitigate impacts from development of the properties that paid these fees.
C. The estimated cost of the Embankment Protection for Sewer Lines project is included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $100,568.54, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the San Timoteo #2 Development Impact Fee Fund, which is the appropriate fund to finance the Embankment and Protection for Sewer Lines improvements. All future fees will also be deposited into this fund.
The approximate date 4=00 1j atm.Development Impact Fee Funds will be 01181.0005/858454.1 y 8
deposited into the appropriate account or fund for expenditure in 2025.
Section 17. The City Council finds that the San Timoteo #3 Development Impact Fee Fund currently contains $7,500.14 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to complete Embankment Protection for Sewer Lines improvements.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the Embankment Protection for Sewer Lines improvements will help mitigate impacts from development of the properties that paid these fees.
C. The estimated cost of the Embankment Protection for Sewer Lines project is included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $7,500.14, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the San Timoteo #3 Development Impact Fee Fund, which is the appropriate fund to finance the Embankment and Protection for Sewer Lines improvements. All future fees will also be deposited into this fund.
The approximate date by which the above Development Impact Fee Funds will be deposited into the appropriate account or fund for expenditure in 2025.
Section 18. The City Council finds that the Southern Trunk Main Development Impact Fee Fund currently contains $293,356.64 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to complete Manhole and Manhole Lining Along Sewer Line improvements.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the Manholes and Manhole Lining Along Sewer Line improvements will help mitigate impacts from development of the properties that paid these fees.
C. The estimated cost of the Manholes and Manhole Lining Along Sewer Lines project are included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $293,356.64, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Southern Trunk Main Development Impact Fee Fund, which is the appropriate fund to finance the Manholes and Manhole Lining Along Ogffsr4i is fi ovements. All future fees will also be 01181.0005/858454.1 9
deposited into this fund. The approximate date by which the above Development Impact Fee Funds will be deposited into the appropriate account or fund for expenditure in 2026.
Section 19. The City Council finds that the 4th Street Extension Development Impact Fee Fund currently contains $101,168.60 in unexpended Development Impact Fees collected more than five years ago. In accordance with Government Code section 66001(d)(1), the City Council finds as follows:
A. Additional funds are needed to complete Manholes and Gravity Sewer improvements.
B. There exists a reasonable relationship between the unexpended funds described above and the purpose for which they were generated because the Manholes and Gravity Sewer improvements will help mitigate impacts from development of the properties that paid these fees.
C. The estimated cost of the Manholes and Gravity Sewer project are included in the 2024 Development Impact Fee Study. The City's funding sources will include all unexpended Development Impact Fees of $101,168.60, future fees, and other available capital funding sources.
D. The unexpended fees were deposited in the Southern Trunk Main Development Impact Fee Fund, which is the appropriate fund to finance the Manholes and Gravity Sewer improvements. All future fees will also be deposited into this fund. The approximate date by which the above Development Impact Fee Funds will be deposited into the appropriate account or fund for expenditure in 2025.
Section 20. In accordance with Government Code Section 66006(b), the City Council has reviewed and accepted the annual disclosure information made available to the public regarding City mitigation fees which was presented to the City Council and also placed on file with the City
01181.0005/858454.1
Clerk.
PASSED, APPROVED AND ADOPTED this 21st day of January 2025.
Mike Lara, Mayor
ATTEST:
Elaine Morgan, City Clerk
APPROVED AS TO FORM:
City Attorney
CITY OF BEAUMONT )
COUNTY OF RIVERSIDE )
STATE OF CALIFORNIA )
I, Elaine Morgan, City Clerk of the City of Beaumont, California, do hereby certify that the foregoing Resolution No. xx-24 was duly passed and adopted by the City Council of the City of Beaumont at the regular meeting thereof, held on the 21St day of January, 2024, and was signed by the Mayor of the said City, and that the same was passed and adopted by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Elaine Morgan, City Clerk
01181.0005/858454.1
1
BAUME ONT
-c A L I F O R N I A
Staff Report
TO: City Council
FROM: Jennifer Ustation, Finance Director
DATE January 21, 2025
SUBJECT: FY2023-2024 2015 Local Agency Refunding Revenue Bonds, Series D Annual Continuing Disclosure Report
Description Receive and file the FY2023-2024 Annual Continuing Disclosure Reports for the Beaumont Financing Authority 2015 Local Agency Refunding Revenue Bonds, Series D.
Background and Analysis:
Annual Continuing Disclosure Reports are required by SEC Rule 15c2-12 which states that issuers of municipal bonds must submit annual financial information and operating data to investors, detailing their financial health and any material events that could impact their ability to repay debt, typically filed through the Electronic Municipal Market Access (EMMA) system. The Annual Continuing Disclosure Reports for Fiscal Year ending June 30, 2024, were posted onto the Electronic Municipal Market Access (EMMA) website prior to December 31, 2024, along with the City of Beaumont's Annual Comprehensive Financial Report (ACFR).
Fiscal Impact:
The estimated cost to prepare this report is $250.
Recommended Action:
Receive and file FY2023-2024 Annual Continuing Disclosure Reports.
Attachments:
A. Disclosure Report 93-1 IA16
B. Disclosure Report 93-1 IA 18
C. Disclosure Report 93-1 IA 19A
D. Disclosure Report 93-1 IA 7A1
SPICER
CONSULTING GROUP
CITY OF BEAUMONT
Annual Continuing Disclosure Report
Fiscal Year 2023-24
BEAUMONT
C A L I F O R N I A -
Beaumont Financing Authority
2015 Local Agency Refunding Revenue Bonds,
Series D
Community Facilities District No. 93-1
Improvement Area 16
December 2024
Table of Contents
Sections
1. District Profile
2. Special Taxes
3. Property Ownership
4. Payment History
5. Bond Funds
6. Listed Events
Tables
2-1 Special Tax Levy
3-1 Assessed Valuation
4-1 Delinquency Summary
4-2 Delinquency Information
5-1 Selected Fund Balances as of September 30, 2024
Appendices
Appendix A — Debt Service Schedule
Appendix B — California Debt and Investment Advisory Commission Appendix C — Boundary Map
1 2
3 4
5 6
2 3
4 4
5 SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 16
Fiscal Year Ending June 30, 2024
City of Beaumont
Community Facilities District No. 93-1
Improvement Area 16
2015 Local Agency Refunding Revenue Bonds, Series D
(CUSIP 074406)
Maturity Date
September 1 Principal Interest Rate CUSIP Suffix
2015 $235,000 2.000% TB5
2016 $305,000 2.000% TC3
2017 $310,000 2.000% TD1
2018 $320,000 2.000% TE9
2019 $330,000 2.250% TF6
2020 $335,000 2.500% TG4
2021 $340,000 2.875% TH2
2022 $355,000 2.875% TJ8
2023 $360,000 3.000% TK5
2024 $375,000 3.1256% TL3
2025 $390,000 3.375% TM1
2026 $395,000 3.500% TN9
2027 $410,000 3.625% TP4
2028 $430,000 3.750% TQ2
2029 $445,000 3.875% TRO
2030 $455,000 4.000% TS8
$2,030,000 4.250% Term Bond Due September 1, 2034 — Price 98.063% CUSIP TW9 This Annual Continuing Disclosure Report (the "Report") for Community Facilities District No. 93-1 IA 16 (the "District" or "CFD No. 93- 1 IA 16") 2015 Local Agency Refunding Revenue Bonds, Series D, of the City of Beaumont, has been prepared by Spicer Consulting Group, LLC. using data as of June 30, 2024, unless noted otherwise. The information referenced by parenthesis complies with the various sections required from the Form of Continuing Disclosure Agreement for the Bonds. If you have any questions regarding the information provided in this report, please contact the City's Special Tax Consultant, Spicer Consulting Group, LLC., at (866) 504- 2067.
SPICERiff
QJ
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 16
Fiscal Year Ending June 30, 2024
1. District Profile Page I 1
Community Facilities District No. 93-1
Improvement Area 16
2015 Local Agency Refunding Revenue Bonds, Series D
Project Description
The Community Facilities District No. 93-1 IA 16 was formed to finance major public improvements which include, but not limited to, the following: Critical Facilities — City Program, Domestic Water Facilities, Transportation System, City Wastewater Treatment Plant, Municipal Electrical Facilities, Fire Station, San Timoteo Watershed Improvements, and Facility Fees and Permits; Joint Facilities — San Timoteo Sewer — Upper Oak Valley; Individual Facilities — City Transportation System and Wastewater Treatment Plant.
Location
CFD No. 93-1 IA 16 is comprised of 241 single family homes and approximately 59.25 gross acres. The District is generally located northwest of the intersection of Desert Lawn Drive and Oak Valley Parkway. 2015 Series D Bonds (Section 4(vii))
The 2015 Local Agency Refunding Revenue Bonds, Series D (the "Bonds") in the amount of $7,820,000 were issued June 18, 2015, with interest rates ranging from 2.00% to 4.25%. Interest is payable semi-annually on March 1 and September 1. The date for the final maturity of the Bonds is September 1, 2034. The principal amount of the Bonds Outstanding as of September 30, 2024, was $4,555,000.
The Bonds were issued to refund the outstanding Beaumont Financing Authority 2004 Local Agency Revenue Bonds, Series B.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 16
Fiscal Year Ending June 30, 2024
2. Special Taxes
A Special Tax is levied each year to pay the principal and interest obligations on the Bonds of the District. The amount levied each year is determined by the Special Tax formula and can vary from year to year, but shall not exceed the maximum authorized (or permitted) Special Tax rates. The amount levied for the 2024-25 tax year was $605,714.92.
The Special Taxes applied for the 2024-25 tax year are:
Table 2-1
Special Tax Levy (Section 4(iii))
Land Use Category
Parcels
Total Special Tax
Assigned
Special Tax
Maximum
Special Tax
% of Assigned
Special Tax
Taxable Developed Pro.ert
240
$605,714.92
$888,968.03
$888,968.03
68.14%
Building Permits Issued (Section 4(ix))
The District consists of 241 completed single family homes classified as Developed Property. Developed Property, as defined in the Rate and Method of Apportionment, generally consists of all residential lots created by a recorded final map and for which a building permit for the dwelling unit has been issued. Hence, 241 building permits have been issued as of 2024-25 tax year.
Certificates of Occupancy and Certificates of Final Inspection (Section 4(v)) The City does not issue certificates of occupancy. However, all 241 homes within the District have been built, issued certificates of final inspection, and sold to individual property owners.
Prepayments (Section 4(v))
As of September 30, 2024, one (1) property within the District has fully prepaid the Special Taxes. The City has not been able to locate reliable records that identify the principal amount of the prepayments of the Special Tax.
Top Property Owners (Section 4(vi))
There are no property owners responsible for more than five percent (5%) of the annual Special Tax levy for the 2024-25 tax year.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 16
Fiscal Year Ending June 30, 2024
3. Property Ownership
The following table presents assessed valuation of the properties in the District.
Table 3-1
Assessed Valuation' (Section 4(ii))
Land Use Category
Parcels
Land Value
Structure Value
Total Assessed
Value
Taxable Develo•ed Pro.ert
240
$18,414,986.00
$82,995,697.00
$101,410,683.00
1 Assessed Valuation (AV) is based on information provided in the Riverside County Assessor's records as of January 1, 2024, and may or may not accurately reflect true market value.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 16
Fiscal Year Ending June 30, 2024
4. Payment History
Delinquencies are calculated through June 2024 and may reflect parcels that may already be on a payment plan. The delinquency summary table below provides an overview of delinquency rates on June 30, 2024.
Table 4-1
Delinquency Summary (Section 4(iv))
Fiscal
Year
Levied
Current Delinquency
Parcels
Amount
Parcels
Amount
Del. Rate
2019-20
240
$595,566.28
0 $0.00
0.00%
2020-21 240 I $592,192.28 1 I $1,388.28
0.23%
2021-22 240 I $597,415.34 1 I $1,148.40
0.19%
2022-23 240 I $592,210.78 1 I $2,276.78
0.38%
2023-24
240
$602,332.40
4 $9,866.88
1.64%
Total
$2,979,717.08
5 $14,680.34
0.49%
Delinquency Information (Section 4(iv))
There are three (3) parcels delinquent in the payment of $2,500 or more of the Special Tax. The table below provides further information and delinquent amount by installment date. There are no parcels under common ownership that are responsible for $5,000 or more in delinquency of Special Tax, and total delinquencies do not exceed 5% of the Special Tax for any of the fiscal years.
Table 4-2
Delinquency Information (Section 4(iv))
APN
Owner
4/2022
Delinquency
12/2022
Delinquency
4/2023
Delinquency
12/2023
Delinquency
4/2024
Delinquency
Total
Delinquency
414320039
Individual Owner
$1,148.40
$1,138.39
$1,138.39
$1,157.85
$1,157.85
$5,740.88
414340003
Individual Owner
$0.00
$0.00
$0.00
$1,283.70
$1,283.70
$2,567.40
414340046
Individual Owner
$0.00
$0.00
$0.00
$1,283.70
$1,283.70
$2,567.40
Foreclosure Covenant
The District has covenanted in the District Indenture for the benefit of the owners of the 2015 District Bonds and any Additional Bonds that the District will review the public records of the County, in connection with the collection of the Special Tax within Improvement Area No. 16 not later than July 1 of each year to determine the amount of Special Tax collected in the prior fiscal year; and with respect to individual delinquencies within such Improvement Area, if the District determines that any single property owner subject to the Special Tax within such Improvement Area is delinquent in the payment of Special Taxes in the aggregate of $2,500 or more or that the delinquent Special Taxes represent more than 5% of the aggregate Special Taxes within Improvement Area No. 16, then the District will send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 45 days of such determination, and (if the delinquency remains uncured) the District will cause judicial foreclosure proceedings to be filed in the superior court within 90 days of such determination against any property for which the Special Taxes remain delinquent.
Foreclosure Actions (Section 4(iv))
There are no foreclosure actions at this time.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 16
Fiscal Year Ending June 30, 2024
5. Bond Funds
Table 5-1
Selected Fund Balances as of September 30, 2024 (Sections 4(vii) and (viii)) Fund Name
Balance
BEAUMONT FA LARRB SER D IA 16 RESERVE
$572,195.53
BEAUMONT FA LARRB SER D IA 16 RESIDUAL $65,364.25
BEAUMONT CFD 93-1 IA 16 2015 RESIDUAL FD $99,597.49
BEAUMONT CFD 93-1 IA 16 2015 CONST FUND $102,910.13
Reserve Account (Section 4(vii))
The Reserve Fund must be maintained at the Reserve Requirement which is defined, as of any date of calculation, as an amount not to exceed the lesser of (i) Maximum Annual Debt Service, (ii) 125% of average Annual Debt Service or (iii) ten percent (10%) of the original proceeds of such Series of Bonds then Outstanding as such amount shall be provided in the applicable Supplemental Indenture; provided however, that Reserve Requirement for any Series of Bonds which are on a parity with each other and payable from the same revenues shall be calculated as if such Series were a single Series of Bonds.
Amounts in the Reserve Account will be used to pay debt service on the Bonds to the extent other moneys are not available. Amounts in the Reserve Account in excess of the Reserve Requirement will be deposited into the Revenue Fund. As of September 30, 2024, the balance in the Reserve Fund was $572,195.53 and the Reserve Requirement was $569,693.75.
Status of Facilities (Section 4(viii))
As of September 30, 2024, the balance in the Construction Fund was $102,910.13. Construction of facilities is ongoing.
Financial Statements (Section 4(i))
PLEASE NOTE: The City of Beaumont Fiscal Year ending June 30, 2024, Annual Comprehensive Financial Report (ACFR) is submitted to the Municipal Securities Rulemaking Board using EMMA (Electronic Municipal Market Access) under separate cover and is incorporated herein by reference.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 16
Fiscal Year Ending June 30, 2024
6. Listed Events Page 6
Pursuant to the provisions of this section, upon the occurrence of any of the following events (in each case to the extent applicable) with respect to the Bonds, the District shall give, or cause to be given by so notifying the Dissemination Agent in writing and instructing the Dissemination Agent to give, notice of the occurrence of such event: (Section 5)
1. principal or interest payment delinquencies;
2. non-payment related defaults, if material;
3. modifications to the rights of the Bondholders, if material;
4. optional, contingent or unscheduled calls, if material, and tender offers;
5. defeasances;
6. ratings changes;
7. adverse tax opinions or the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds or other material events affecting the tax status of the Bonds;
8. unscheduled draws on the debt service reserves reflecting financial difficulties;
9. unscheduled draws on the credit enhancements reflecting financial difficulties;
10. substitution of the credit or liquidity providers or their failure to perform;
11. release, substitution or sale of property securing repayment of the Bonds, if material;
12. bankruptcy, insolvency, receivership or similar proceedings of the Authority, which shall occur as described below;
13. appointment of a successor or additional trustee or the change of name of a trustee, if material, or; Effective December 15, 2023, Zions Bancorporation, National Association, has been appointed as the Successor Trustee.
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Applicable
14. the consummation of a merger, consolidation, or acquisition involving the Authority or the sale of all or Not Applicable substantially all of the assets of the Authority other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 16
Fiscal Year Ending June 30, 2024
Appendix A:
Debt Service Schedule
CITY OF BEAUMONT
CFD 93-1 IA 16
2015 LOCAL AGENCY REFUNDING REVENUE BONDS, SERIES D
Issued
06/18/2015
Coupon
Date Rate
Principal
Principal
Outstanding
Semi -Annual
Interest
Semi -Annual
Debt Service
BEAUMONT
Annual
Debt Service
09/01/2015 2.000%
03/01/2016
09/01/2016 2.000%
03/01/2017
09/01/2017 2.000%
03/01/2018
09/01/2018 2.000%
03/01/2019
09/01/2019 2.250%
03/01/2020
09/01/2020 2.500%
03/01/2021
09/01/2021 2.875%
03/01/2022
09/01/2022 2.875%
03/01/2023
09/01/2023 3.000%
03/01/2024
09/01/2024 3.125%
03/01/2025
09/01/2025 3.375%
03/01/2026
09/01/2026 3.500%
03/01/2027
09/01/2027 3.625%
03/01/2028
09/01/2028 3.750%
03/01/2029
09/01/2029 3.875%
03/01/2030
09/01/2030 4.000%
03/01/2031
09/01/2031 4.250%
03/01/2032
09/01/2032 4.250%
03/01/2033
09/01/2033 4.250%
03/01/2034
09/01/2034 4.250%
Total
$ 235,000.00
$ 305,000.00
$ 310,000.00
$ 320,000.00
$ 330,000.00
$ 335,000.00
$ 340,000.00
$ 355,000.00
$ 360,000.00
$ 375,000.00
$ 390,000.00
$ 395,000.00
$ 410,000.00
$ 430,000.00
$ 445,000.00
$ 455,000.00
$ 475,000.00
$ 500,000.00
$ 520,000.00
$ 535,000.00
$ 7,820,000.00
$ 7,585,000.00
$ 7,585,000.00
$ 7,280,000.00
$ 7,280,000.00
$ 6,970,000.00
$ 6,970,000.00
$ 6,650,000.00
$ 6,650,000.00
$ 6,320,000.00
$ 6,320,000.00
$ 5,985,000.00
$ 5,985,000.00
$ 5,645,000.00
$ 5,645,000.00
$ 5,290,000.00
$ 5,290,000.00
$ 4,930,000.00
$ 4,930,000.00
$ 4,555,000.00
$ 4,555,000.00
$ 4,165,000.00
$ 4,165,000.00
$ 3,770,000.00
$ 3,770,000.00
$ 3,360,000.00
$ 3,360,000.00
$ 2,930,000.00
$ 2,930,000.00
$ 2,485,000.00
$ 2,485,000.00
$ 2,030,000.00
$ 2,030,000.00
$ 1,555,000.00
$ 1,555,000.00
$ 1,055,000.00
$ 1,055,000.00
$ 535,000.00
$ 535,000.00
$ 0.00
$ 53,004.84
$ 128,346.88
$ 128,346.88
$ 125,296.88
$ 125,296.88
$ 122496.88
$ 122,196.88
$ 118,996.88
$ 118,996.88
$ 115,284.38
$ 115,284.38
$ 111,096.88
$ 111,096.88
$ 106,209.38
$ 106,209.38
$ 101,106.25
$ 101,106.25
$ 95,706.25
$ 95,706.25
$ 89,846.88
$ 89,846.88
$ 83,265.63
$ 83,265.63
$ 76,353.13
$ 76,353.13
$ 68,921.88
$ 68,921.88
$ 60,859.38
$ 60,859.38
$ 52,237.50
$ 52,237.50
$ 43,137.50
$ 43,137.50
$ 33,043.75
$ 33,043.75
$ 22,418.75
$ 22,418.75
$ 11,368.75
$ 11,368.75
$ 3,184,392.34
$ 288,004.84
$ 128,346.88
$ 433,346.88
$ 125,296.88
$ 435,296.88
$ 122,196.88
$ 442,196.88
$ 118,996.88
$ 448,996.88
$ 115,284.38
$ 450,284.38
$ 111,096.88
$ 451,096.88
$ 106,209.38
$ 461,209.38
$ 101,106.25
$ 461,106.25
$ 95,706.25
$ 470,706.25
$ 89,846.88
$ 479,846.88
$ 83,265.63
$ 478,265.63
$ 76,353.13
$ 486,353.13
$ 68,921.88
$ 498,921.88
$ 60,859.38
$ 505,859.38
$ 52,237.50
$ 507,237.50
$ 43,137.50
$ 518,137.50
$ 33,043.75
$ 533,043.75
$ 22,418.75
$ 542,418.75
$ 11,368.75
$ 546,368.75
$ 11,004,392.34
$ 288,004.84
$ 561,693.75
$ 560,593.75
$ 564,393.75
$ 567,993.75
$ 565,568.75
$ 562,193.75
$ 567,418.75
$ 562,212.50
$ 566,412.50
$ 569,693.75
$ 561,531.25
$ 562,706.25
$ 567,843.75
$ 566,718.75
$ 559,475.00
$ 561,275.00
$ 566,087.50
$ 564,837.50
$ 557,737.50
$ 11,004,392.34
SCG - Spicer Consulting Group
9/6/2023
Appendix B:
California Debt and Investment Advisory Commission
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Issuer Name:
Issue Name:
Project Name:
Actual Sale Date:
Settlement Date:
Original Principal Amount:
Date of Filing:
Reserve Fund Minimum Balance:
Reserve Fund Minimum Balance Amount:
Credit Rating from Report of Final Sale
Credit Rating:
Standard & Poor:
Fitch:
Moody's:
Other:
Credit Rating from Mello -Roos Last Yearly Fiscal Status Report Credit Rating:
Standard & Poor:
Fitch:
Moody's:
Other:
Credit Rating for This Reporting Period
Credit Rating:
Standard & Poor:
CDIAC # : 2015-0747
Status: Submitted
10/03/2024
Beaumont CFD No 93-1
2015 Special Tax Ref Bonds
IA No 16 Series A (Taxable)
5/27/2015
6/18/2015
$7,820,000.00
Yes
$569,693.75
Not Rated
Not Rated
Not Rated
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Fitch:
Moody's:
Other:
Fund Balance
Principal Amount of Bonds Outstanding:
Bond Reserve Fund:
Capitalized Interest Fund:
Construction Fund(s):
Assessed Value
Assessed or Appraised Value Reported as of:
Use Appraised Value only in first year or before annual tax roll billing commences:
Total Assessed Value of All Parcels:
Tax Collection
Total Amount of Special Taxes Due Annually:
Total Amount of Unpaid Special Taxes Annually:
Does this agency participate in the County's Teeter Plan? Delinquent Reporting
Delinquent Parcel Information Reported as of Equalized Tax Roll of:
Total Number of Delinquent Parcels:
Total Amount of Special Taxes Due on Delinquent Parcels:
Delinquency Parcel Reporting
Document Type
Delinquent Parcel Detail Report
Foreclosure
CDIAC # : 2015-0747
Status: Submitted
10/03/2024
$4,930,000.00
$583,135.73
$0.00
$101,616.27
1/1/2024
From Equalized Tax Roll
$101,410,683.00
$602,332.40
$9,866.88
No
6/30/2024
5 $14,680.34
Document Name File Upload Date
010 CFD 93-1 IA 16.pdf 10/3/2024
Date Foreclosure
Commenced
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
CDIAC # : 2015-0747
Status: Submitted
10/03/2024
Total Number of Foreclosure Total Amount of Tax on Foreclosure Parcels Parcels
Retired Issues
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
MARKS ROOS LOCAL OBLIGOR REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Issuer Name:
Issue Name:
Project Name:
Date of Bond Issue/Loans:
Settlement Date:
Original Principal Amount:
Date of Filing:
Total Issuance Costs:
Total Cost of Issuance from Report of Final Sale:
Name of Authority that purchased debt:
Date of Authority Bond(s) Issuance:
Total Costs of Issuance from Authority Report of Final Sale:
Is the Reserve Fund held at Authority level?:
Reserve Fund Minimum Balance Amount:
Part of Authority Reserve Fund:
Percent of Reserve Fund:
Fund Balance
Principal Amount of Bonds Outstanding:
Bond Reserve Fund:
Capitalized Interest Fund:
Administrative Fee Charged by Authority:
Delinquent Reporting
Have Delinquent Taxes been reported?
Delinquent Parcel Information Reported as of Equalized Tax Roll of:
CDIAC # : 2015-0747
Status: Submitted
10/08/2024
Beaumont CFD No 93-1
2015 Special Tax Ref Bonds
IA No 16 Series A (Taxable)
5/27/2015
6/18/2015
$7,820,000.00
10/8/2024
$0.00
$40,000.00
Beaumont Financing Authority
6/18/2015
$299,400.00
Yes
$0.00
No
0 $4,930,000.00
$0.00
$0.00
$0.00
Y
6/30/2024
MARKS ROOS LOCAL OBLIGOR REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Delinquency Rate:
Does this agency participate in the County's Teeter Plan? Taxes Due:
Taxes Unpaid:
Retired Issues
CDIAC # : 2015-0747
Status: Submitted
10/08/2024
1.64 N
$602,332.40
$9,866.88
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
MARKS ROOS AUTHORITY REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Authority Issuer:
Issue Name:
Senior Issue:
Subordinate Issue:
Project Name:
Actual Sale Date:
Settlement Date:
Original Principal Amount:
Date of Filing:
Total Issuance Costs:
Total Cost of Issuance from Report of Final Sale:
Was a Reserve Fund established with proceeds of this debt issue?:
Reserve Fund Minimum Balance Amount:
Fund Balance
Principal Amount of Bonds Outstanding:
Capitalized Interest Fund:
Cash Reserve:
Surety Bond Reserve:
Total Bond Reserve Fund:
Professional Fees
Type of service
No Data Available
Local Obligors
CDIAC # : 2015-1683
Status: Submitted
10/08/2024
Beaumont Financing Authority
2015 Ref RBs
No
No
CFD No 93-1 IA No 16 Series D
5/27/2015
6/18/2015
$7,820,000.00
10/8/2024
$0.00
$299,400.00
Other Text Service Fee
Yes
$569,693.75
$4,930,000.00
$0.00
$583,135.73
$0.00
$583,135.73
CDIAC Number Issuer Name Principal Amount Obligor Type Administration Fee
2015-0747
Total:
MARKS ROOS AUTHORITY REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
CDIAC # : 2015-1683
Status: Submitted
10/08/2024
Beaumont CFD No 93-1 $7,820,000.00 BP $26,324.83
Investment Contracts
Final Maturity of the Investment Contract:
Commission/Fee for Contract (total):
Interest Earnings on Contract (current):
Retired Issues
$7,820,000.00 $26,324.83
$0.00
$0.00
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
Appendix C:
Boundary Map
gjSPICER
CONSULTING GROUP
BOUNDARY MAP
COMMUNITY FACILITIES DISTRICT NO. 93-1
IMPROVEMENT AREA 16
BEAUMONT
-.MUM Wel <.��
SPICER
CONSULTING GROUP
spicercg.com
SPICER
CONSULTING GROUP
CITY OF BEAUMONT
Annual Continuing Disclosure Report
Fiscal Year 2023-24
BEAUMONT
C A L I F O R N I A -
Beaumont Financing Authority
2015 Local Agency Refunding Revenue Bonds,
Series C
Community Facilities District No. 93-1
Improvement Area 18
December 2024
Table of Contents
Sections
1. District Profile
2. Special Taxes
3. Property Ownership
4. Payment History
5. Bond Funds
6. Listed Events
Tables
2-1 Special Tax Levy
3-1 Assessed Valuation
4-1 Delinquency Summary
5-1 Selected Fund Balances as of September 30, 2024
Appendices
Appendix A — Debt Service Schedule
Appendix B — California Debt and Investment Advisory Commission Appendix C — Boundary Map
1 2
3 4
5 6
2 3
4 5
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 18
Fiscal Year Ending June 30, 2024
City of Beaumont
Community Facilities District No. 93-1
Improvement Area 18
2015 Local Agency Refunding Revenue Bonds, Series C
(CUSIP 074406)
Maturity Date
September 1 Principal Interest Rate CUSIP Suffix
2015 $175,000 2.000% SJ9
2016 $210,000 2.000% SK6
2017 $215,000 2.000% SL4
2018 $215,000 2.000% SM2
2019 $220,000 2.375% SNO
2020 $225,000 2.625% SP5
2021 $235,000 2.625% SQ3
2022 $240,000 3.000% SR1
2023 $245,000 3.000% SS9
2024 $255,000 3.250% ST7
2025 $260,000 3.375% SU4
2026 $270,000 3.500% SV2
2027 $280,000 3.625% SWO
2028 $290,000 3.750% SX8
2029 $300,000 3.875% SY6
2030 $315,000 4.000% SZ3
$1,385,000 4.125% Term Bond Due September 1, 2034 — Price 99.011% CUSIP TA7 This Annual Continuing Disclosure Report (the "Report") for Community Facilities District No. 93-1 IA 18 (the "District" or "CFD No. 93- 1 IA 18") 2015 Local Agency Refunding Revenue Bonds, Series C, of the City of Beaumont, has been prepared by Spicer Consulting Group, LLC. using data as of June 30, 2024, unless noted otherwise. The information referenced by parenthesis complies with the various sections required from the Form of Continuing Disclosure Agreement for the Bonds. If you have any questions regarding the information provided in this report, please contact the City's Special Tax Consultant, Spicer Consulting Group, LLC., at (866) 504- 2067.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 18
Fiscal Year Ending June 30, 2024
1. District Profile Page I 1
Community Facilities District No. 93-1
Improvement Area 18
2015 Local Agency Refunding Revenue Bonds, Series C
Project Description
The Community Facilities District No. 93-1 IA 18 was formed to finance major public improvements which include, but not limited to, the following: Critical Facilities — City Program, Domestic Water Facilities, Transportation System, City Wastewater Treatment Plant, Municipal Electrical Facilities, Fire Station, San Timoteo Watershed Improvements, and Facility Fees and Permits; Joint Facilities — San Timoteo Sewer No. 2 — Upper Oak Valley; Individual Facilities — Transportation System and Wastewater Treatment Plant.
Location
CFD No. 93-1 IA 18 is comprised of 194 single family homes and approximately 74.53 gross acres. The District is generally located northeast of the Interstate 10 Fwy and south of Brookside Avenue. 2015 Series C Bonds (Section 4(vii))
The 2015 Local Agency Refunding Revenue Bonds, Series C (the "Bonds") in the amount of $5,335,000 were issued June 3, 2015, with interest rates ranging from 2.00°/0 to 4.125%. Interest is payable semi-annually on March 1 and September 1. The date for the final maturity of the Bonds is September 1, 2034. The principal amount of the Bonds Outstanding as of September 30, 2024, was $3,100,000.
The Bonds were issued to refund the outstanding Beaumont Financing Authority 2004 Local Agency Revenue Bonds, Series A.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 18
Fiscal Year Ending June 30, 2024
2. Special Taxes
A Special Tax is levied each year to pay the principal and interest obligations on the Bonds of the District. The amount levied each year is determined by the Special Tax formula and can vary from year to year, but shall not exceed the maximum authorized (or permitted) Special Tax rates. The amount levied for the 2024-25 tax year was $414,784.08.
The Special Taxes applied for the 2024-25 tax year are:
Table 2-1
Special Tax Levy (Section 4(iii))
Land Use Category
Parcels
Total Special Tax
Assigned
Special Tax
Maximum
Special Tax
% of Assigned
Special Tax
Taxable Developed Pro.ert
193
$414,784.08
$574,838.75
$608,426.33
72.16%
Building Permits Issued (Section 4(ix))
The District consists of 194 completed single family homes classified as Developed Property. Developed Property, as defined in the Rate and Method of Apportionment, generally consists of all residential lots created by a recorded final map and for which a building permit for the dwelling unit has been issued. Hence, 194 building permits have been issued as of 2024-25 tax year.
Certificates of Occupancy and Certificates of Final Inspection (Section 4(v)) The City does not issue certificates of occupancy. However, all 194 homes within the District have been built, issued certificates of final inspection, and sold to individual property owners.
Prepayments (Section 4(v))
As of September 30, 2024, one (1) property within the District has fully prepaid the Special Taxes. The City has not been able to locate reliable records that identify the principal amount of the prepayments of the Special Tax.
Top Property Owners (Section 4(vi))
There are no property owners responsible for more than five percent (5%) of the annual Special Tax levy for the 2024-25 tax year.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 18
Fiscal Year Ending June 30, 2024
3. Property Ownership
The following table presents assessed valuation of the properties in the District.
Table 3-1
Assessed Valuation' (Section 4(ii))
Land Use Category
Parcels
Land Value
Structure Value
Total Assessed
Value
Taxable Develo•ed Pro.ert
193
$12,832,503.00
$64,833,195.00
$77,665,698.00
1 Assessed Valuation (AV) is based on information provided in the Riverside County Assessor's records as of January 1, 2024, and may or may not accurately reflect true market value.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 18
Fiscal Year Ending June 30, 2024
4. Payment History
Delinquencies are calculated through June 2024 and may reflect parcels that may already be on a payment plan. The delinquency summary table below provides an overview of delinquency rates on June 30, 2024.
Table 4-1
Delinquency Summary (Section 4(iv))
Fiscal
Year
Levied
Current Delinquency
Parcels
Amount
Parcels
Amount
Del. Rate
2019-20
193
$410,517.32
0 $0.00
0.00%
2020-21 193 I $414,610.74 0 I $0.00 I 0.00°/0
2021-22 193 I $413,442.38 0 I $0.00 I 0.00°/0
2022-23 193 I $411,242.42 0 I $0.00 I 0.00%
2023-24
193
$418,004.32
0 $0.00
0.00°/0
Total
$2,067,817.18
0 $0.00
0.00%
Delinquency Information (Section 4(iv))
There are no parcels delinquent in the payment of $2,500 or more in Special Tax or any parcels under common ownership that are responsible for $5,000 or more of Special Tax, and total delinquencies do not exceed 5% of the Special Tax for any of the fiscal years.
Foreclosure Covenant
The District has covenanted in the District Indenture for the benefit of the owners of the 2015 District Bonds and any Additional Bonds that the District will review the public records of the County, in connection with the collection of the Special Tax within Improvement Area No. 18 not later than July 1 of each year to determine the amount of Special Tax collected in the prior fiscal year; and with respect to individual delinquencies within such Improvement Area, if the District determines that any single property owner subject to the Special Tax within such Improvement Area is delinquent in the payment of Special Taxes in the aggregate of $2,500 or more or that the delinquent Special Taxes represent more than 5% of the aggregate Special Taxes within Improvement Area No. 18, then the District will send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 45 days of such determination, and (if the delinquency remains uncured) the District will cause judicial foreclosure proceedings to be filed in the superior court within 90 days of such determination against any property for which the Special Taxes remain delinquent.
Foreclosure Actions (Section 4(iv))
There are no foreclosure actions at this time.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 18
Fiscal Year Ending June 30, 2024
5. Bond Funds
Table 5-1
Selected Fund Balances as of September 30, 2024 (Sections 4(vii) and (viii)) Fund Name
Balance
BEAUMONT FA LARRB SER C IA 18 RESERVE
$386,488.86
BEAUMONT LARRB SER C IA 18 RESIDUAL $27,150.36
BEAUMONT CFD 93-1 IA 18 SER 2015 RESIDUA $74,314.23
Reserve Account (Section 4(vii))
The Reserve Fund must be maintained at the Reserve Requirement which is defined, as of any date of calculation, as an amount not to exceed the lesser of (i) Maximum Annual Debt Service, (ii) 125% of average Annual Debt Service or (iii) ten percent (10%) of the original proceeds of such Series of Bonds then Outstanding as such amount shall be provided in the applicable Supplemental Indenture; provided however, that Reserve Requirement for any Series of Bonds which are on a parity with each other and payable from the same revenues shall be calculated as if such Series were a single Series of Bonds.
Amounts in the Reserve Account will be used to pay debt service on the Bonds to the extent other moneys are not available. Amounts in the Reserve Account in excess of the Reserve Requirement will be deposited into the Revenue Fund. As of September 30, 2024, the balance in the Reserve Fund was $386,488.86 and the Reserve Requirement was $384,731.25.
Status of Facilities (Section 4(viii))
As of September 30, 2024, the balance in the Construction Fund was $0. All facilities being constructed with proceeds of the Bonds are complete.
Financial Statements (Section 4(i))
PLEASE NOTE: The City of Beaumont Fiscal Year ending June 30, 2024, Annual Comprehensive Financial Report (ACFR) is submitted to the Municipal Securities Rulemaking Board using EMMA (Electronic Municipal Market Access) under separate cover and is incorporated herein by reference.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 18
Fiscal Year Ending June 30, 2024
6. Listed Events Page 6
Pursuant to the provisions of this section, upon the occurrence of any of the following events (in each case to the extent applicable) with respect to the Bonds, the District shall give, or cause to be given by so notifying the Dissemination Agent in writing and instructing the Dissemination Agent to give, notice of the occurrence of such event: (Section 5)
1. principal or interest payment delinquencies;
2. non-payment related defaults, if material;
3. modifications to the rights of the Bondholders, if material;
4. optional, contingent or unscheduled calls, if material, and tender offers;
5. defeasances;
6. ratings changes;
7. adverse tax opinions or the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds or other material events affecting the tax status of the Bonds;
8. unscheduled draws on the debt service reserves reflecting financial difficulties;
9. unscheduled draws on the credit enhancements reflecting financial difficulties;
10. substitution of the credit or liquidity providers or their failure to perform;
11. release, substitution or sale of property securing repayment of the Bonds, if material;
12. bankruptcy, insolvency, receivership or similar proceedings of the Authority, which shall occur as described below;
13. appointment of a successor or additional trustee or the change of name of a trustee, if material, or; Effective December 15, 2023, Zions Bancorporation, National Association, has been appointed as the Successor Trustee.
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Applicable
14. the consummation of a merger, consolidation, or acquisition involving the Authority or the sale of all or Not Applicable substantially all of the assets of the Authority other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 18
Fiscal Year Ending June 30, 2024
Appendix A:
Debt Service Schedule
CITY OF BEAUMONT
CFD 93-1 IA 18
2015 LOCAL AGENCY REFUNDING REVENUE BONDS, SERIES C
Issued
06/03/2015
Date
Coupon
Rate
Principal
BEAUMONT
-C A L I F O R N I A -
Principal Semi -Annual Semi -Annual Annual
Outstanding Interest Debt Service Debt Service
09/01/2015 2.000%
03/01/2016
09/01/2016 2.000%
03/01/2017
09/01/2017 2.000%
03/01/2018
09/01/2018 2.000%
03/01/2019
09/01/2019 2.375%
03/01/2020
09/01/2020 2.625%
03/01/2021
09/01/2021 2.625%
03/01/2022
09/01/2022 3.000%
03/01/2023
09/01/2023 3.000%
03/01/2024
09/01/2024 3.250%
03/01/2025
09/01/2025 3.375%
03/01/2026
09/01/2026 3.500%
03/01/2027
09/01/2027 3.625%
03/01/2028
09/01/2028 3.750%
03/01/2029
09/01/2029 3.875%
03/01/2030
09/01/2030 4.000%
03/01/2031
09/01/2031 4.125%
03/01/2032
09/01/2032 4.125%
03/01/2033
09/01/2033 4.125%
03/01/2034
09/01/2034 4.125%
Total
$ 175,000.00 $ 5,160,000.00
$ 5,160,000.00
$ 210,000.00 $ 4,950,000.00
$ 4,950,000.00
$ 215,000.00 $ 4,735,000.00
$ 4,735,000.00
$ 215,000.00 $ 4,520,000.00
$ 4,520,000.00
$ 220,000.00 $ 4,300,000.00
$ 4,300,000.00
$ 225,000.00 $ 4,075,000.00
$ 4,075,000.00
$ 235,000.00 $ 3,840,000.00
$ 3,840,000.00
$ 240,000.00 $ 3,600,000.00
$ 3,600,000.00
$ 245,000.00 $ 3,355,000.00
$ 3,355,000.00
$ 255,000.00 $ 3,100,000.00
$ 3,100,000.00
$ 260,000.00 $ 2,840,000.00
$ 2,840,000.00
$ 270,000.00 $ 2,570,000.00
$ 2,570,000.00
$ 280,000.00 $ 2,290,000.00
$ 2,290,000.00
$ 290,000.00 $ 2,000,000.00
$ 2,000,000.00
$ 300,000.00 $ 1,700,000.00
$ 1,700,000.00
$ 315,000.00 $ 1,385,000.00
$ 1,385,000.00
$ 325,000.00 $ 1,060,000.00
$ 1,060,000.00
$ 340,000.00 $ 720,000.00
$ 720,000.00
$ 355,000.00 $ 365,000.00
$ 365,000.00
$ 365,000.00 $ 0.00
$ 5,335,000.00
$ 43,277.36 $ 218,277.36 $ 218,277.36
$ 86,771.88 $ 86,771.88
$ 86,771.88 $ 296,771.88 $ 383,543.75
$ 84,671.88 $ 84,671.88
$ 84,671.88 $ 299,671.88 $ 384,343.75
$ 82,521.88 $ 82,521.88
$ 82,521.88 $ 297,521.88 $ 380,043.75
$ 80,371.88 $ 80,371.88
$ 80,371.88 $ 300,371.88 $ 380,743.75
$ 77,759.38 $ 77,759.38
$ 77,759.38 $ 302,759.38 $ 380,518.75
$ 74,806.25 $ 74,806.25
$ 74,806.25 $ 309,806.25 $ 384,612.50
$ 71,721.88 $ 71,721.88
$ 71,721.88 $ 311,721.88 $ 383,443.75
$ 68,121.88 $ 68,121.88
$ 68,121.88 $ 313,121.88 $ 381,243.75
$ 64,446.88 $ 64,446.88
$ 64,446.88 $ 319,446.88 $ 383,893.75
$ 60,303.13 $ 60,303.13
$ 60,303.13 $ 320,303.13 $ 380,606.25
$ 55,915.63 $ 55,915.63
$ 55,915.63 $ 325,915.63 $ 381,831.25
$ 51,190.63 $ 51,190.63
$ 51,190.63 $ 331,190.63 $ 382,381.25
$ 46,115.63 $ 46,115.63
$ 46,115.63 $ 336,115.63 $ 382,231.25
$ 40,678.13 $ 40,678.13
$ 40,678.13 $ 340,678.13 $ 381,356.25
$ 34,865.63 $ 34,865.63
$ 34,865.63 $ 349,865.63 $ 384,731.25
$ 28,565.63 $ 28,565.63
$ 28,565.63 $ 353,565.63 $ 382,131.25
$ 21,862.50 $ 21,862.50
$ 21,862.50 $ 361,862.50 $ 383,725.00
$ 14,850.00 $ 14,850.00
$ 14,850.00 $ 369,850.00 $ 384,700.00
$ 7,528.13 $ 7,528.13
$ 7,528.13 $ 372,528.13 $ 380,056.26
$ 2,149,414.86 $ 7,484,414.86 $ 7,484,414.87
SCG - Spicer Consulting Group
9/6/2023
Appendix B:
California Debt and Investment Advisory Commission
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Issuer Name:
Issue Name:
Project Name:
Actual Sale Date:
Settlement Date:
Original Principal Amount:
Date of Filing:
Reserve Fund Minimum Balance:
Reserve Fund Minimum Balance Amount:
Credit Rating from Report of Final Sale
Credit Rating:
Standard & Poor:
Fitch:
Moody's:
Other:
Credit Rating from Mello -Roos Last Yearly Fiscal Status Report Credit Rating:
Standard & Poor:
Fitch:
Moody's:
Other:
Credit Rating for This Reporting Period
Credit Rating:
Standard & Poor:
CDIAC # : 2015-0714
Status: Submitted
10/03/2024
Beaumont CFD No 93-1
2015 Special Tax Ref RBs
IA No 18 Series A (Taxable)
5/14/2015
6/3/2015
$5,335,000.00
Yes
$384,731.25
Not Rated
Not Rated
Not Rated
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Fitch:
Moody's:
Other:
Fund Balance
Principal Amount of Bonds Outstanding:
Bond Reserve Fund:
Capitalized Interest Fund:
Construction Fund(s):
Assessed Value
Assessed or Appraised Value Reported as of:
Use Appraised Value only in first year or before annual tax roll billing commences:
Total Assessed Value of All Parcels:
Tax Collection
Total Amount of Special Taxes Due Annually:
Total Amount of Unpaid Special Taxes Annually:
Does this agency participate in the County's Teeter Plan? Delinquent Reporting
Delinquent Parcel Information Reported as of Equalized Tax Roll of:
Total Number of Delinquent Parcels:
Total Amount of Special Taxes Due on Delinquent Parcels:
Delinquency Parcel Reporting
Document Type
Delinquent Parcel Detail Report
Foreclosure
CDIAC # : 2015-0714
Status: Submitted
10/03/2024
$3,355,000.00
$410,737.05
$0.00
$0.00
1/1/2024
From Equalized Tax Roll
$77,665,698.00
$418,004.32
$0.00
No
6/30/2024
0 $0.00
Document Name File Upload Date
009 CFD 93-1 IA 18.pdf 10/3/2024
Date Foreclosure
Commenced
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
CDIAC # : 2015-0714
Status: Submitted
10/03/2024
Total Number of Foreclosure Total Amount of Tax on Foreclosure Parcels Parcels
Retired Issues
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
MARKS ROOS LOCAL OBLIGOR REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Issuer Name:
Issue Name:
Project Name:
Date of Bond Issue/Loans:
Settlement Date:
Original Principal Amount:
Date of Filing:
Total Issuance Costs:
Total Cost of Issuance from Report of Final Sale:
Name of Authority that purchased debt:
Date of Authority Bond(s) Issuance:
Total Costs of Issuance from Authority Report of Final Sale:
Is the Reserve Fund held at Authority level?:
Reserve Fund Minimum Balance Amount:
Part of Authority Reserve Fund:
Percent of Reserve Fund:
Fund Balance
Principal Amount of Bonds Outstanding:
Bond Reserve Fund:
Capitalized Interest Fund:
Administrative Fee Charged by Authority:
Delinquent Reporting
Have Delinquent Taxes been reported?
Delinquent Parcel Information Reported as of Equalized Tax Roll of:
CDIAC # : 2015-0714
Status: Submitted
10/08/2024
Beaumont CFD No 93-1
2015 Special Tax Ref RBs
IA No 18 Series A (Taxable)
5/14/2015
6/3/2015
$5,335,000.00
10/8/2024
$0.00
$85,000.00
Beaumont Financing Authority
6/3/2015
$218,700.00
Yes
$0.00
No
0 $3,355,000.00
$0.00
$0.00
$0.00
Y
6/30/2024
MARKS ROOS LOCAL OBLIGOR REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Delinquency Rate:
Does this agency participate in the County's Teeter Plan? Taxes Due:
Taxes Unpaid:
Retired Issues
CDIAC # : 2015-0714
Status: Submitted
10/08/2024
0 N
$418,004.32
$0.00
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
MARKS ROOS AUTHORITY REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Authority Issuer:
Issue Name:
Senior Issue:
Subordinate Issue:
Project Name:
Actual Sale Date:
Settlement Date:
Original Principal Amount:
Date of Filing:
Total Issuance Costs:
Total Cost of Issuance from Report of Final Sale:
Was a Reserve Fund established with proceeds of this debt issue?:
Reserve Fund Minimum Balance Amount:
Fund Balance
Principal Amount of Bonds Outstanding:
Capitalized Interest Fund:
Cash Reserve:
Surety Bond Reserve:
Total Bond Reserve Fund:
Professional Fees
Type of service
No Data Available
Local Obligors
CDIAC # : 2015-0713
Status: Submitted
10/08/2024
Beaumont Financing Authority
2015 Local Agency RBs
No
No
CFD No 93-1 IA No 18 Series C
5/14/2015
6/3/2015
$5,335,000.00
10/8/2024
$0.00
$218,700.00
Other Text Service Fee
Yes
$384,731.25
$3,355,000.00
$0.00
$410,737.05
$0.00
$410,737.05
CDIAC Number Issuer Name Principal Amount Obligor Type Administration Fee
2015-0714
Total:
MARKS ROOS AUTHORITY REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
CDIAC # : 2015-0713
Status: Submitted
10/08/2024
Beaumont CFD No 93-1 $5,335,000.00 BP $26,341.28
Investment Contracts
Final Maturity of the Investment Contract:
Commission/Fee for Contract (total):
Interest Earnings on Contract (current):
Retired Issues
$5,335,000.00 $26,341.28
$0.00
$0.00
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
Appendix C:
Boundary Map
SPICER
CONSULTING GROUP
BOUNDARY MAP
COMMUNITY FACILITIES DISTRICT NO. 93-1
IMPROVEMENT AREA 18
BEAUMONT
W Mai
SPICER
CONSULTING GROUP
spicercg.com
SPICER
CONSULTING GROUP
CITY OF BEAUMONT
Annual Continuing Disclosure Report
Fiscal Year 2023-24
BEAUMONT
C A L I F O R N I A -
Beaumont Financing Authority
2015 Local Agency Refunding Revenue Bonds,
Series B
Community Facilities District No. 93-1
Improvement Area 19A
December 2024
Table of Contents
Sections
1. District Profile
2. Special Taxes
3. Property Ownership
4. Payment History
5. Bond Funds
6. Listed Events
Tables
2-1 Special Tax Levy
3-1 Assessed Valuation
4-1 Delinquency Summary
4-2 Delinquency Information
5-1 Selected Fund Balances as of September 30, 2024
Appendices
Appendix A — Debt Service Schedule
Appendix B — California Debt and Investment Advisory Commission Appendix C — Boundary Map
1 2
3 4
5 6
2 3
4 4
5 SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 19A
City of Beaumont
Community Facilities District No. 93-1
Improvement Area 19A
2015 Local Agency Refunding Revenue Bonds, Series B
(CUSIP 074406)
Maturity Date
September 1 Principal Interest Rate CUSIP Suffix
2015 $255,000 2.000% RR2
2016 $730,000 2.000% RSO
2017 $745,000 2.000% RT8
2018 $755,000 2.000% RU5
2019 $775,000 2.000% RV3
2020 $790,000 2.250% RW1
2021 $805,000 2.500% RX9
2022 $825,000 2.750% RY7
2026 $985,000 3.125% SC4
2027 $1,015,000 3.250% SD2
2028 $1,045,000 3.375% SE0
2029 $1,080,000 3.500% SF7
$2,675,000 5.000% Term Bond Due September 1, 2025 — Price 115.184% CUSIP SB6 $7,615,000 5.000% Term Bond Due September 1, 2035 — Price 109.115% CUSIP SH3 This Annual Continuing Disclosure Report (the "Report") for Community Facilities District No. 93-1 IA 19A (the "District" or "CFD No. 93-1 IA 19A") 2015 Local Agency Refunding Revenue Bonds, Series B, of the City of Beaumont, has been prepared by Spicer Consulting Group, LLC. using data as of June 30, 2024, unless noted otherwise. The information referenced by parenthesis complies with the various sections required from the Form of Continuing Disclosure Agreement for the Bonds. If you have any questions regarding the information provided in this report, please contact the City's Special Tax Consultant, Spicer Consulting Group, LLC., at (866) 504-2067.
SPICERiff
QJ
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 19A
1. District Profile Page I 1
Community Facilities District No. 93-1
Improvement Area 19A
2015 Local Agency Refunding Revenue Bonds, Series B
Project Description
The Community Facilities District No. 93-1 IA 19A was formed to finance major public improvements which include, but not limited to, the following: Critical Facilities — City Program, Domestic and Recycled Water System, Facility Fees, Plans, Studies and Permits; First Priority Joint Facilities — San Timoteo Sewer No. 1A — Lower Oak Valley and San Timoteo Sewer No. 3 — Beaumont Mesa; Second Priority Joint Facilities — Oak Valley Parkway, Cherry Valley Boulevard, Champions Drive, and Palmer Avenue; Individual Facilities — Transportation Facilities, Domestic Water, Recycled Water, Sewer Transmission and Treatment, Traffic Signals and Street Lighting, Public Safety, Public Works and Administrative, Watershed Management and Storm Drain, Facility Fees, Plans, Studies and Permits, Planning, Engineering and Environmental Reports, Community Parks, and Multipurpose Trails Maintenance.
Location
CFD No. 93-1 IA 19A is comprised of 546 single family homes and approximately 140.94 gross acres. The District is generally located south of the Interstate 10 Freeway and west of Tukwet Canyon Parkway. 2015 Series B Bonds (Section 4(vii))
The 2015 Local Agency Refunding Revenue Bonds, Series B (the "Bonds") in the amount of $20,095,000 were issued April 23, 2015, with interest rates ranging from 2.00% to 5.00%. Interest is payable semi-annually on March 1 and September 1. The date for the final maturity of the Bonds is September 1, 2035. The principal amount of the Bonds Outstanding as of September 30, 2024, was $12,640,000.
The Bonds were issued to refund the outstanding Beaumont Financing Authority 2004 Local Agency Revenue Bonds, Series D.
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City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 19A
2. Special Taxes
A Special Tax is levied each year to pay the principal and interest obligations on the Bonds of the District. The amount levied each year is determined by the Special Tax formula and can vary from year to year, but shall not exceed the maximum authorized (or permitted) Special Tax rates. The amount levied for the 2024-25 tax year was $1,543,078.76.
The Special Taxes applied for the 2024-25 tax year are:
Table 2-1
Special Tax Levy (Section 4(iii))
Land Use Category
Parcels
Total Special Tax
Assigned
Special Tax
Maximum
Special Tax
% of Assigned
Special Tax
Taxable Developed Pro.ert
542
$1,543,078.76
$2,255,464.19
$2,319,250.11
68.42%
Building Permits Issued (Section 4(ix))
The District consists of 546 completed single family homes classified as Developed Property. Developed Property, as defined in the Rate and Method of Apportionment, generally consists of all residential lots created by a recorded final map and for which a building permit for the dwelling unit has been issued. Hence, 546 building permits have been issued as of 2024-25 tax year.
Certificates of Occupancy and Certificates of Final Inspection (Section 4(v)) The City does not issue certificates of occupancy. However, all 546 homes within the District have been built, issued certificates of final inspection, and sold to individual property owners.
Prepayments (Section 4(v))
As of September 30, 2024, four (4) properties within the District have fully prepaid the Special Taxes. The City has not been able to locate reliable records that identify the principal amount of the prepayments of the Special Tax.
Top Property Owners (Section 4(vi))
There are no property owners responsible for more than five percent (5%) of the annual Special Tax levy for the 2024-25 tax year.
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City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 19A
3. Property Ownership
The following table presents assessed valuation of the properties in the District.
Table 3-1
Assessed Valuation' (Section 4(ii))
Land Use Category
Parcels
Land Value
Structure Value
Total Assessed
Value
Taxable Develo•ed Pro.ert
542
$39,850,892.00
$180,141,064.00
$219,991,956.00
1 Assessed Valuation (AV) is based on information provided in the Riverside County Assessor's records as of January 1, 2024, and may or may not accurately reflect true market value.
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City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 19A
4. Payment History
Delinquencies are calculated through June 2024 and may reflect parcels that may already be on a payment plan. The delinquency summary table below provides an overview of delinquency rates on June 30, 2024.
Table 4-1
Delinquency Summary (Section 4(iv))
Fiscal
Year
Levied
Current Delinquency
Parcels
Amount
Parcels
Amount
Del. Rate
2019-20
542
$1,530,243.84
0 $0.00
0.00%
2020-21 542 I $1,527,470.18 1 I $186.14
0.01%
2021-22 542 I $1,527,345.36 1 I $1,598.16
0.10%
2022-23 542 I $1,529,656.28 1 I $3,201.16
0.21%
2023-24
542
$1,542,451.70
3 $7,661.36
0.50%
Total
$7,657,167.36
4 $12,646.82
0.17%
Delinquency Information (Section 4(iv))
There are two (2) parcels delinquent in the payment of $2,500 or more of the Special Tax. The table below provides further information and delinquent amount by installment date. There are no parcels under common ownership that are responsible for $5,000 or more in delinquency of Special Tax, and total delinquencies do not exceed 5% of the Special Tax for any of the fiscal years.
Table 4-2
Delinquency Information (Section 4(iv))
APN
Owner
4/2022
Delinquency
12/2022
Delinquency
4/2023
Delinquency
12/2023
Delinquency
4/2024
Delinquency
Total
Delinquency
4135610122
Individual Owner
$1,598.16
$1,600.58
$1,600.58
$1,613.97
$1,613.97
$8,027.26
413582021
Individual Owner
$0.00
$0.00
$0.00
$1,663.78
$1,663.78
$3,327.56
Foreclosure Covenant
The District has covenanted in the District Indenture for the benefit of the owners of the 2015 District Bonds and any Additional Bonds that the District will review the public records of the County, in connection with the collection of the Special Tax within Improvement Area No. 19A not later than July 1 of each year to determine the amount of Special Tax collected in the prior fiscal year; and with respect to individual delinquencies within such Improvement Area, if the District determines that any single property owner subject to the Special Tax within such Improvement Area is delinquent in the payment of Special Taxes in the aggregate of $2,500 or more or that the delinquent Special Taxes represent more than 5% of the aggregate Special Taxes within Improvement Area No. 19A, then the District will send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 45 days of such determination, and (if the delinquency remains uncured) the District will cause judicial foreclosure proceedings to be filed in the superior court within 90 days of such determination against any property for which the Special Taxes remain delinquent.
Foreclosure Actions (Section 4(iv))
There are no foreclosure actions at this time.
2 The delinquency was subsequently cured on September 27, 2024.
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City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 19A
5. Bond Funds
Table 5-1
Selected Fund Balances as of September 30, 2024 (Sections 4(vii) and (viii)) Fund Name
Balance
BEAUMONT FA LARRB SER B RESERVE
$1,507,769.37
BEAUMONT FA LARRB SER B RESIDUAL $107,922.82
BEAUMONT CFD 93-1 IA 19A SER 2015 RESIDU $331,732.64
Reserve Account (Section 4(vii))
The Reserve Fund must be maintained at the Reserve Requirement which is defined, as of any date of calculation, as an amount not to exceed the lesser of (i) Maximum Annual Debt Service, (ii) 125% of average Annual Debt Service or (iii) ten percent (10%) of the original proceeds of such Series of Bonds then Outstanding as such amount shall be provided in the applicable Supplemental Indenture; provided however, that Reserve Requirement for any Series of Bonds which are on a parity with each other and payable from the same revenues shall be calculated as if such Series were a single Series of Bonds.
Amounts in the Reserve Account will be used to pay debt service on the Bonds to the extent other moneys are not available. Amounts in the Reserve Account in excess of the Reserve Requirement will be deposited into the Revenue Fund. As of September 30, 2024, the balance in the Reserve Fund was $1,507,769.37 and the Reserve Requirement was $1,500,912.50.
Status of Facilities (Section 4(viii))
As of September 30, 2024, the balance in the Construction Fund was $0. All facilities being constructed with proceeds of the Bonds are complete.
Financial Statements (Section 4(i))
PLEASE NOTE: The City of Beaumont Fiscal Year ending June 30, 2024, Annual Comprehensive Financial Report (ACFR) is submitted to the Municipal Securities Rulemaking Board using EMMA (Electronic Municipal Market Access) under separate cover and is incorporated herein by reference.
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Annual Continuing Disclosure Report CFD No. 93-1 IA 19A
6. Listed Events Page 6
Pursuant to the provisions of this section, upon the occurrence of any of the following events (in each case to the extent applicable) with respect to the Bonds, the District shall give, or cause to be given by so notifying the Dissemination Agent in writing and instructing the Dissemination Agent to give, notice of the occurrence of such event: (Section 5)
1. principal or interest payment delinquencies;
2. non-payment related defaults, if material;
3. modifications to the rights of the Bondholders, if material;
4. optional, contingent or unscheduled calls, if material, and tender offers;
5. defeasances;
6. ratings changes;
7. adverse tax opinions or the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds or other material events affecting the tax status of the Bonds;
8. unscheduled draws on the debt service reserves reflecting financial difficulties;
9. unscheduled draws on the credit enhancements reflecting financial difficulties;
10. substitution of the credit or liquidity providers or their failure to perform;
11. release, substitution or sale of property securing repayment of the Bonds, if material;
12. bankruptcy, insolvency, receivership or similar proceedings of the Authority, which shall occur as described below;
13. appointment of a successor or additional trustee or the change of name of a trustee, if material, or; Effective December 15, 2023, Zions Bancorporation, National Association, has been appointed as the Successor Trustee.
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Applicable
14. the consummation of a merger, consolidation, or acquisition involving the Authority or the sale of all or Not Applicable substantially all of the assets of the Authority other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 19A
Appendix A:
Debt Service Schedule
CITY OF BEAUMONT
CFD 93-1 IA 19A
2015 LOCAL AGENCY REFUNDING REVENUE BONDS SERIES B
Issued
04/23/2015
Date
Coupon
Rate
Principal
G 1
BEAUMONT
Principal Semi -Annual Annual
Outstanding Semi -Annual Interest Debt Service Debt Service 09/01/2015 2.000%
03/01/2016
09/01/2016 2.000%
03/01/2017
09/01/2017 2.000%
03/01/2018
09/01/2018 2.000%
*09/01/2018
03/01/2019
09/01/2019 2.000%
03/01/2020
09/01/2020 2.250%
03/01/2021
09/01/2021 2.500%
03/01/2022
09/01/2022 2.750%
03/01/2023
09/01/2023 5.000%
03/01/2024
09/01/2024 5.000%
03/01/2025
09/01/2025 5.000%
03/01/2026
09/01/2026 3.125%
03/01/2027
09/01/2027 3.250%
03/01/2028
09/01/2028 3.375%
03/01/2029
09/01/2029 3.500%
03/01/2030
09/01/2030 5.000%
03/01/2031
09/01/2031 5.000%
03/01/2032
09/01/2032 5.000%
03/01/2033
09/01/2033 5.000%
03/01/2034
09/01/2034 5.000%
$ 255,000.00 $ 19,840,000.00 $ 276,311.11 $ 531,311.11 $ 531,311.11 $ 19,840,000.00 $ 386,012.50 $ 386,012.50
$ 730,000.00 $ 19,110,000.00 $ 386,012.50 $ 1,116,012.50 $ 1,502,025.00 $ 19,110,000.00 $ 378,712.50 $ 378,712.50
$ 745,000.00 $ 18,365,000.00 $ 378,712.50 $ 1,123,712.50 $ 1,502,425.00 $ 18,365,000.00 $ 371,262.50 $ 371,262.50
$ 755,000.00 $ 17,610,000.00 $ 371,262.50 $ 1,126,262.50 $ 35,000.00 $ 17,575,000.00 $ 0.00 $ 35,000.00 $ 1,532,525.00 $ 17,575,000.00 $ 362,875.00 $ 362,875.00
$ 775,000.00 $ 16,800,000.00 $ 362,875.00 $ 1,137,875.00 $ 1,500,750.00 $ 16,800,000.00 $ 355,125.00 $ 355,125.00
$ 790,000.00 $ 16,010,000.00 $ 355,125.00 $ 1,145,125.00 $ 1,500,250.00 $ 16,010,000.00 $ 346,237.50 $ 346,237.50
$ 805,000.00 $ 15,205,000.00 $ 346,237.50 $ 1,151,237.50 $ 1,497,475.00 $ 15,205,000.00 $ 336,175.00 $ 336,175.00
$ 825,000.00 $ 14,380,000.00 $ 336,175.00 $ 1,161,175.00 $ 1,497,350.00 $ 14,380,000.00 $ 324,831.25 $ 324,831.25
$ 850,000.00 $ 13,530,000.00 $ 324,831.25 $ 1,174,831.25 $ 1,499,662.50 $ 13,530,000.00 $ 303,581.25 $ 303,581.25
$ 890,000.00 $ 12,640,000.00 $ 303,581.25 $ 1,193,581.25 $ 1,497,162.50 $ 12,640,000.00 $ 281,331.25 $ 281,331.25
$ 935,000.00 $ 11,705,000.00 $ 281,331.25 $ 1,216,331.25 $ 1,497,662.50 $ 11,705,000.00 $ 257,956.25 $ 257,956.25
$ 985,000.00 $ 10,720,000.00 $ 257,956.25 $ 1,242,956.25 $ 1,500,912.50 $ 10,720,000.00 $ 242,565.63 $ 242,565.63
$ 1,015,000.00 $ 9,705,000.00 $ 242,565.63 $ 1,257,565.63 $ 1,500,131.25 $ 9,705,000.00 $ 226,071.88 $ 226,071.88
$ 1,045,000.00 $ 8,660,000.00 $ 226,071.88 $ 1,271,071.88 $ 1,497,143.75 $ 8,660,000.00 $ 208,437.50 $ 208,437.50
$ 1,075,000.00 $ 7,585,000.00 $ 208,437.50 $ 1,283,437.50 $ 1,491,875.00 $ 7,585,000.00 $ 189,625.00 $ 189,625.00
$ 1,120,000.00 $ 6,465,000.00 $ 189,625.00 $ 1,309,625.00 $ 1,499,250.00 $ 6,465,000.00 $ 161,625.00 $ 161,625.00
$ 1,175,000.00 $ 5,290,000.00 $ 161,625.00 $ 1,336,625.00 $ 1,498,250.00 $ 5,290,000.00 $ 132,250.00 $ 132,250.00
$ 1,235,000.00 $ 4,055,000.00 $ 132,250.00 $ 1,367,250.00 $ 1,499,500.00 $ 4,055,000.00 $ 101,375.00 $ 101,375.00
$ 1,295,000.00 $ 2,760,000.00 $ 101,375.00 $ 1,396,375.00 $ 1,497,750.00 $ 2,760,000.00 $ 69,000.00 $ 69,000.00
$ 1,360,000.00 $ 1,400,000.00 $ 69,000.00 $ 1,429,000.00 $ 1,498,000.00 SCG - Spicer Consulting Group
12/7/2023
CITY OF BEAUMONT
CFD 93-1 IA 19A
2015 LOCAL AGENCY REFUNDING REVENUE BONDS SERIES B
Issued
04/23/2015
Date
03/01/2035
09/01/2035
Total
Coupon
Rate
5.000%
Principal
BEAUMONT
-C A L I F O R N I A -
Principal Semi -Annual Annual
Outstanding Semi -Annual Interest Debt Service Debt Service $ 1,400,000.00
$ 20,095,000.00
$ 1,400,000.00
$ 0.00
$ 35,000.00
$ 35,000.00
$ 10,416,411.11
$ 35,000.00
$ 1,435,000.00
$ 30,511,411.11
$ 1,470,000.00
—
$ 30,511,411.11
SCG - Spicer Consulting Group
12/7/2023
Appendix B:
California Debt and Investment Advisory Commission
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Issuer Name:
Issue Name:
Project Name:
Actual Sale Date:
Settlement Date:
Original Principal Amount:
Date of Filing:
Reserve Fund Minimum Balance:
Reserve Fund Minimum Balance Amount:
Credit Rating from Report of Final Sale
Credit Rating:
Standard & Poor:
Fitch:
Moody's:
Other:
Credit Rating from Mello -Roos Last Yearly Fiscal Status Report Credit Rating:
Standard & Poor:
Fitch:
Moody's:
Other:
Credit Rating for This Reporting Period
Credit Rating:
Standard & Poor:
CDIAC # : 2015-0526
Status: Submitted
10/03/2024
Beaumont CFD No 93-1
2015 Spec Tax Ref Bonds
IA No 19A Series A
4/2/2015
4/23/2015
$20,095,000.00
Yes
$1,500,912.50
Not Rated
Not Rated
Not Rated
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Fitch:
Moody's:
Other:
Fund Balance
Principal Amount of Bonds Outstanding:
Bond Reserve Fund:
Capitalized Interest Fund:
Construction Fund(s):
Assessed Value
Assessed or Appraised Value Reported as of:
Use Appraised Value only in first year or before annual tax roll billing commences:
Total Assessed Value of All Parcels:
Tax Collection
Total Amount of Special Taxes Due Annually:
Total Amount of Unpaid Special Taxes Annually:
Does this agency participate in the County's Teeter Plan? Delinquent Reporting
Delinquent Parcel Information Reported as of Equalized Tax Roll of:
Total Number of Delinquent Parcels:
Total Amount of Special Taxes Due on Delinquent Parcels:
Delinquency Parcel Reporting
Document Type
Delinquent Parcel Detail Report
Foreclosure
CDIAC # : 2015-0526
Status: Submitted
10/03/2024
$13,530,000.00
$1,602,366.41
$0.00
$0.00
1/1/2024
From Equalized Tax Roll
$219,991,956.00
$1,542,451.70
$7,661.36
No
6/30/2024
4 $12,646.82
Document Name File Upload Date
008 CFD 93-1 IA 19A.pdf 10/3/2024
Date Foreclosure
Commenced
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
CDIAC # : 2015-0526
Status: Submitted
10/03/2024
Total Number of Foreclosure Total Amount of Tax on Foreclosure Parcels Parcels
Retired Issues
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
MARKS ROOS LOCAL OBLIGOR REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Issuer Name:
Issue Name:
Project Name:
Date of Bond Issue/Loans:
Settlement Date:
Original Principal Amount:
Date of Filing:
Total Issuance Costs:
Total Cost of Issuance from Report of Final Sale:
Name of Authority that purchased debt:
Date of Authority Bond(s) Issuance:
Total Costs of Issuance from Authority Report of Final Sale:
Is the Reserve Fund held at Authority level?:
Reserve Fund Minimum Balance Amount:
Part of Authority Reserve Fund:
Percent of Reserve Fund:
Fund Balance
Principal Amount of Bonds Outstanding:
Bond Reserve Fund:
Capitalized Interest Fund:
Administrative Fee Charged by Authority:
Delinquent Reporting
Have Delinquent Taxes been reported?
Delinquent Parcel Information Reported as of Equalized Tax Roll of:
CDIAC # : 2015-0526
Status: Submitted
10/07/2024
Beaumont CFD No 93-1
2015 Spec Tax Ref Bonds
IA No 19A Series A
4/2/2015
4/23/2015
$20,095,000.00
10/7/2024
$0.00
$41,500.00
Beaumont Financing Authority
4/23/2015
$570,133.00
Yes
$0.00
No
0 $13,530,000.00
$0.00
$0.00
$0.00
Y
6/30/2024
MARKS ROOS LOCAL OBLIGOR REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Delinquency Rate:
Does this agency participate in the County's Teeter Plan? Taxes Due:
Taxes Unpaid:
Retired Issues
CDIAC # : 2015-0526
Status: Submitted
10/07/2024
0.5 N
$1,542,451.70
$7,661.36
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
MARKS ROOS AUTHORITY REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Authority Issuer:
Issue Name:
Senior Issue:
Subordinate Issue:
Project Name:
Actual Sale Date:
Settlement Date:
Original Principal Amount:
Date of Filing:
Total Issuance Costs:
Total Cost of Issuance from Report of Final Sale:
Was a Reserve Fund established with proceeds of this debt issue?:
Reserve Fund Minimum Balance Amount:
Fund Balance
Principal Amount of Bonds Outstanding:
Capitalized Interest Fund:
Cash Reserve:
Surety Bond Reserve:
Total Bond Reserve Fund:
Professional Fees
Type of service
No Data Available
Local Obligors
CDIAC # : 2015-0525
Status: Submitted
10/08/2024
Beaumont Financing Authority
2015 Local Agency Ref RBs
No
No
CFD No 93-1 IA No 19A Series B
4/2/2015
4/23/2015
$20,095,000.00
10/8/2024
$0.00
$570,133.00
Other Text Service Fee
Yes
$1,500,912.50
$13,530,000.00
$0.00
$1,602,366.41
$0.00
$1,602,366.41
CDIAC Number Issuer Name Principal Amount Obligor Type Administration Fee
2015-0526
Total:
MARKS ROOS AUTHORITY REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
CDIAC # : 2015-0525
Status: Submitted
10/08/2024
Beaumont CFD No 93-1 $20,095,000.00 BP $26,219.13
Investment Contracts
Final Maturity of the Investment Contract:
Commission/Fee for Contract (total):
Interest Earnings on Contract (current):
Retired Issues
$20,095,000.00 $26,219.13
$0.00
$0.00
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
Appendix C:
Boundary Map
SPICER
CONSULTING GROUP
BOUNDARY MAP
COMMUNITY FACILITIES DISTRICT NO. 93-1
IMPROVEMENT AREA 19A
BEAUMONT
SPICER
CONSULTING GROUP
spicercg.com
SPICER
CONSULTING GROUP
CITY OF BEAUMONT
Annual Continuing Disclosure Report
Fiscal Year 2023-24
BEAUMONT
C A L I F O R N I A -
Beaumont Financing Authority
2015 Local Agency Refunding Revenue Bonds,
Series A
Community Facilities District No. 93-1
Improvement Area 7A1
December 2024
Table of Contents
Sections
1. District Profile
2. Special Taxes
3. Property Ownership
4. Payment History
5. Bond Funds
6. Listed Events
Tables
2-1 Special Tax Levy
3-1 Assessed Valuation
4-1 Delinquency Summary
4-2 Delinquency Information
5-1 Selected Fund Balances as of September 30, 2024
Appendices
Appendix A — Debt Service Schedule
Appendix B — California Debt and Investment Advisory Commission Appendix C — Boundary Map
1 2
3 4
5 6
2 3
4 4
5 SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 7A1
City of Beaumont
Community Facilities District No. 93-1
Improvement Area 7A1
2015 Local Agency Refunding Revenue Bonds, Series A
(CUSIP 074406)
Maturity Date
September 1 Principal Interest Rate CUSIP Suffix
2015 $240,000 2.000% QXO
2016 $210,000 2.000% QY8
2017 $215,000 2.000% QZ5
2018 $220,000 2.000% RA9
2019 $225,000 2.000% RB7
2020 $230,000 2.250% RC5
2021 $235,000 2.500% RD3
2022 $240,000 2.750% RE1
2023 $245,000 3.000% RF8
2024 $250,000 3.000% RG6
2029 $315,000 3.750% RM3
2030 $330,000 3.625% RN1
$1,120,000 5.000% Term Bond Due September 1, 2028 — Price 111.700% CUSIP RL5 $1,840,000 4.000% Term Bond Due September 1, 2035 — Price 98.623% CUSIP RP6 $5,195,000 5.000% Term Bond Due September 1, 2045 — Price 108.447% CUSIP RQ4 This Annual Continuing Disclosure Report (the "Report") for Community Facilities District No. 93-1 IA 7A1 (the "District" or "CFD No. 93-1 IA 7A1") 2015 Local Agency Refunding Revenue Bonds, Series A, of the City of Beaumont, has been prepared by Spicer Consulting Group, LLC. using data as of June 30, 2024, unless noted otherwise. The information referenced by parenthesis complies with the various sections required from the Form of Continuing Disclosure Agreement for the Bonds. If you have any questions regarding the information provided in this report, please contact the City's Special Tax Consultant, Spicer Consulting Group, LLC., at (866) 504-2067.
SPICER
CONSULTING GROUP
City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 7A1
1. District Profile Page I 1
Community Facilities District No. 93-1
Improvement Area 7A1
2015 Local Agency Refunding Revenue Bonds, Series A
Project Description
The Community Facilities District No. 93-1 IA 7A1 was formed to finance major public improvements which include, but not limited to, the following: Critical Facilities — City Program, Domestic Water System, Utilities, and Fees and Permits; Joint Facilities — Lower Potrero Sewer No. 2; Individual Facilities — Transportation Facilities, Sewer Treatment Plant, Westside Fire Station, Electrical Utility Substation, Electrical Utility Extensions, San Timoteo Watershed Management Projects, Domestic Water System, Recycled Water System and Appurtenant Facilities, including Engineering Reports and Studies, Utilities, and Fees and Permits.
Location
CFD No. 93-1 IA 7A1 is comprised of 537 single family homes and approximately 147.56 gross acres. The District is generally located southwest of the intersection of Potrero Boulevard and Highland Springs Avenue. 2015 Series A Bonds (Section 4(vii))
The 2015 Local Agency Refunding Revenue Bonds, Series A (the "Bonds") in the amount of $11,110,000 were issued March 31, 2015, with interest rates ranging from 2.00% to 5.00%. Interest is payable semi-annually on March 1 and September 1. The date for the final maturity of the Bonds is September 1, 2045. The principal amount of the Bonds Outstanding as of September 30, 2024, was $8,755,000.
The Bonds were issued to refund the outstanding Beaumont Financing Authority 2005 Local Agency Revenue Bonds, Series B.
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City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 7A1
2. Special Taxes
A Special Tax is levied each year to pay the principal and interest obligations on the Bonds of the District. The amount levied each year is determined by the Special Tax formula and can vary from year to year, but shall not exceed the maximum authorized (or permitted) Special Tax rates. The amount levied for the 2024-25 tax year was $707,934.94.
The Special Taxes applied for the 2024-25 tax year are:
Table 2-1
Special Tax Levy (Section 4(iii))
Land Use Category
Parcels
Total Special Tax
Assigned
Special Tax
Maximum
Special Tax
% of Assigned
Special Tax
Taxable Developed Pro.ert
484
$707,934.94
$792,652.25
$792,652.25
89.31%
Building Permits Issued (Section 4(ix))
The District consists of 537 completed single family homes classified as Developed Property. Developed Property, as defined in the Rate and Method of Apportionment, generally consists of all residential lots created by a recorded final map and for which a building permit for the dwelling unit has been issued. Hence, 537 building permits have been issued as of 2024-25 tax year.
Certificates of Occupancy and Certificates of Final Inspection (Section 4(v)) The City does not issue certificates of occupancy. However, all 537 homes within the District have been built, issued certificates of final inspection, and sold to individual property owners.
Prepayments (Section 4(v))
As of September 30, 2024, fifty-three (53) properties within the District have fully prepaid the Special Taxes. Eleven (11) additional properties have partially prepaid the Special Taxes. The City has not been able to locate reliable records that identify the principal amount of the prepayments of the Special Tax.
Top Property Owners (Section 4(vi))
There are no property owners responsible for more than five percent (5%) of the annual Special Tax levy for the 2024-25 tax year.
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City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 7A1
3. Property Ownership
The following table presents assessed valuation of the properties in the District.
Table 3-1
Assessed Valuation' (Section 4(ii))
Land Use Category
Parcels
Land Value
Structure Value
Total Assessed
Value
Taxable Develo•ed Pro.ert
484
$30,189,985.00
$130,685,351.00
$160,875,336.00
1 Assessed Valuation (AV) is based on information provided in the Riverside County Assessor's records as of January 1, 2024, and may or may not accurately reflect true market value.
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City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 7A1
4. Payment History
Delinquencies are calculated through June 2024 and may reflect parcels that may already be on a payment plan. The delinquency summary table below provides an overview of delinquency rates on June 30, 2024.
Table 4-1
Delinquency Summary (Section 4(iv))
Fiscal
Year
Levied
Current Delinquency
Parcels
Amount
Parcels
Amount Del. Rate
2019-20
486
$704,370.70
0 $0.00
0.00°/0
2020-21 485 l $704,196.14 0 l $0.00
0.00%
2021-22
485 l $703,321.12 0 l $0.00
0.00%
2022-23
485 l $701,721.08 1 l $934.14
0.13%
2023-24
484
$706,387.94
3 $3,382.44
0.48%
Total
$3,519,996.98
3 $4,316.58
0.12%
Delinquency Information (Section 4(iv))
There is one (1) parcel delinquent in the payment of $2,500 or more of the Special Tax. The table below provides further information and delinquent amount by installment date. There are no parcels under common ownership that are responsible for $5,000 or more of Special Tax, and total delinquencies do not exceed 5% of the Special Tax for any of the fiscal years.
Table 4-2
Delinquency Information (Section 4(iv))
APN
Owner
12/2022
Delinquency
4/2023
Delinquency
12/2023
Delinquency
4/2024
Delinquency
Total
Delinquency
428150003
Individual Owner
$0.00
$934.14
$942.86
$942.86
$2,819.86
Foreclosure Covenant
The District has covenanted in the District Indenture for the benefit of the owners of the 2015 District Bonds and any Additional Bonds that the District will review the public records of the County, in connection with the collection of the Special Tax within Improvement Area No. 7A1 not later than July 1 of each year to determine the amount of Special Tax collected in the prior fiscal year; and with respect to individual delinquencies within such Improvement Area, if the District determines that any single property owner subject to the Special Tax within such Improvement Area is delinquent in the payment of Special Taxes in the aggregate of $2,500 or more or that the delinquent Special Taxes represent more than 5% of the aggregate Special Taxes within Improvement Area No. 7A1, then the District will send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 45 days of such determination, and (if the delinquency remains uncured) the District will cause judicial foreclosure proceedings to be filed in the superior court within 90 days of such determination against any property for which the Special Taxes remain delinquent.
Foreclosure Actions (Section 4(iv))
There are no foreclosure actions at this time.
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City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 7A1
5. Bond Funds
Table 5-1
Selected Fund Balances as of September 30, 2024 (Sections 4(vii) and (viii)) Fund Name
Balance
BEAUMONT FA LARRB SER A 7A1 RESERVE
$673,300.00
BEAUMONT FA LARRB SER A 7AI RESIDUAL $61,529.50
BEAUMONT CFD 93-1 IA 7A1 SER 2015 RESIDU $217,595.14
Reserve Account (Section 4(vii))
The Reserve Fund must be maintained at the Reserve Requirement which is defined, as of any date of calculation, as an amount not to exceed the lesser of (i) Maximum Annual Debt Service, (ii) 125% of average Annual Debt Service or (iii) ten percent (10%) of the original proceeds of such Series of Bonds then Outstanding as such amount shall be provided in the applicable Supplemental Indenture; provided however, that Reserve Requirement for any Series of Bonds which are on a parity with each other and payable from the same revenues shall be calculated as if such Series were a single Series of Bonds.
Amounts in the Reserve Account will be used to pay debt service on the Bonds to the extent other moneys are not available. Amounts in the Reserve Account in excess of the Reserve Requirement will be deposited into the Revenue Fund. As of September 30, 2024, the balance in the Reserve Fund was $673,300.00 and the Reserve Requirement was $673,300.00.
Status of Facilities (Section 4(viii))
As of September 30, 2024, the balance in the Construction Fund was $0. All facilities being constructed with proceeds of the Bonds are complete.
Financial Statements (Section 4(i))
PLEASE NOTE: The City of Beaumont Fiscal Year ending June 30, 2024, Annual Comprehensive Financial Report (ACFR) is submitted to the Municipal Securities Rulemaking Board using EMMA (Electronic Municipal Market Access) under separate cover and is incorporated herein by reference.
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Annual Continuing Disclosure Report CFD No. 93-1 IA 7A1
6. Listed Events Page 6
Pursuant to the provisions of this section, upon the occurrence of any of the following events (in each case to the extent applicable) with respect to the Bonds, the District shall give, or cause to be given by so notifying the Dissemination Agent in writing and instructing the Dissemination Agent to give, notice of the occurrence of such event: (Section 5)
1. principal or interest payment delinquencies;
2. non-payment related defaults, if material;
3. modifications to the rights of the Bondholders, if material;
4. optional, contingent or unscheduled calls, if material, and tender offers;
5. defeasances;
6. ratings changes;
7. adverse tax opinions or the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds or other material events affecting the tax status of the Bonds;
8. unscheduled draws on the debt service reserves reflecting financial difficulties;
9. unscheduled draws on the credit enhancements reflecting financial difficulties;
10. substitution of the credit or liquidity providers or their failure to perform;
11. release, substitution or sale of property securing repayment of the Bonds, if material;
12. bankruptcy, insolvency, receivership or similar proceedings of the Authority, which shall occur as described below;
13. appointment of a successor or additional trustee or the change of name of a trustee, if material, or; Effective December 15, 2023, Zions Bancorporation, National Association, has been appointed as the Successor Trustee.
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Applicable
14. the consummation of a merger, consolidation, or acquisition involving the Authority or the sale of all or Not Applicable substantially all of the assets of the Authority other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material.
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City of Beaumont
Annual Continuing Disclosure Report CFD No. 93-1 IA 7A1
Appendix A:
Debt Service Schedule
CITY OF BEAUMONT
CFD 93-1 IA 7A1
2015 LOCAL AGENCY REFUNDING REVENUE BONDS, SERIES A
Issued
03/31/2015
Coupon
Date Rate
Principal
BEAUMONT
Principal Semi -Annual Annual
Outstanding Semi -Annual Interest Debt Service Debt Service 09/01/2015 2.000%
03/01/2016
09/01/2016 2.000%
03/01/2017
09/01/2017 2.000%
03/01/2018
09/01/2018 2.000%
*09/01/2018
03/01/2019
09/01/2019 2.000%
03/01/2020
09/01/2020 2.250%
03/01/2021
09/01/2021 2.500%
03/01/2022
09/01/2022 2.750%
03/01/2023
09/01/2023 3.000%
*09/01/2023
03/01/2024
09/01/2024 3.000%
03/01/2025
09/01/2025 5.000%
03/01/2026
09/01/2026 5.000%
03/01/2027
09/01/2027 5.000%
03/01/2028
09/01/2028 5.000%
03/01/2029
09/01/2029 3.750%
03/01/2030
09/01/2030 3.625%
03/01/2031
09/01/2031 4.000%
03/01/2032
09/01/2032 4.000%
03/01/2033
09/01/2033 4.000%
03/01/2034
$ 240,000.00 $ 10,870,000.00
$ 10,870,000.00
$ 210,000.00 $ 10,660,000.00
$ 10,660,000.00
$ 215,000.00 $ 10,445,000.00
$ 10,445,000.00
$ 220,000.00 $ 10,225,000.00
$ 25,000.00 $ 10,200,000.00
$ 10,200,000.00
$ 225,000.00 $ 9,975,000.00
$ 9,975,000.00
$ 230,000.00 $ 9,745,000.00
$ 9,745,000.00
$ 235,000.00 $ 9,510,000.00
$ 9,510,000.00
$ 240,000.00 $ 9,270,000.00
$ 9,270,000.00
$ 245,000.00 $ 9,025,000.00
$ 20,000.00 $ 9,005,000.00
$ 9,005,000.00
$ 250,000.00 $ 8,755,000.00
$ 8,755,000.00
$ 260,000.00 $ 8,495,000.00
$ 8,495,000.00
$ 275,000.00 $ 8,220,000.00
$ 8,220,000.00
$ 285,000.00 $ 7,935,000.00
$ 7,935,000.00
$ 300,000.00 $ 7,635,000.00
$ 7,635,000.00
$ 315,000.00 $ 7,320,000.00
$ 7,320,000.00
$ 330,000.00 $ 6,990,000.00
$ 6,990,000.00
$ 340,000.00 $ 6,650,000.00
$ 6,650,000.00
$ 355,000.00 $ 6,295,000.00
$ 6,295,000.00
$ 370,000.00 $ 5,925,000.00
$ 5,925,000.00
$ 196,226.60
$ 231,512.50
$ 231,512.50
$ 229,412.50
$ 229,412.50
$ 227,262.50
$ 227,262.50
$ 0.00
$ 223,937.50
$ 223,937.50
$ 221,687.50
$ 221,687.50
$ 219,100.00
$ 219,100.00
$ 216,162.50
$ 216,162.50
$ 212,862.50
$ 212,862.50
$ 0.00
$ 209,187.50
$ 209,187.50
$ 205,437.50
$ 205,437.50
$ 198,937.50
$ 198,937.50
$ 192,062.50
$ 192,062.50
$ 184,937.50
$ 184,937.50
$ 177,437.50
$ 177,437.50
$ 171,531.25
$ 171,531.25
$ 165,550.00
$ 165,550.00
$ 158,750.00
$ 158,750.00
$ 151,650.00
$ 151,650.00
$ 144,250.00
$ 436,226.60 $ 436,226.60
$ 231,512.50
$ 441,512.50 $ 673,025.00
$ 229,412.50
$ 444,412.50 $ 673,825.00
$ 227,262.50
$ 447,262.50
$ 25,000.00 $ 699,525.00
$ 223,937.50
$ 448,937.50 $ 672,875.00
$ 221,687.50
$ 451,687.50 $ 673,375.00
$ 219,100.00
$ 454,100.00 $ 673,200.00
$ 216,162.50
$ 456,162.50 $ 672,325.00
$ 212,862.50
$ 457,862.50
$ 20,000.00 $ 690,725.00
$ 209,187.50
$ 459,187.50 $ 668,375.00
$ 205,437.50
$ 465,437.50 $ 670,875.00
$ 198,937.50
$ 473,937.50 $ 672,875.00
$ 192,062.50
$ 477,062.50 $ 669,125.00
$ 184,937.50
$ 484,937.50 $ 669,875.00
$ 177,437.50
$ 492,437.50 $ 669,875.00
$ 171,531.25
$ 501,531.25 $ 673,062.50
$ 165,550.00
$ 505,550.00 $ 671,100.00
$ 158,750.00
$ 513,750.00 $ 672,500.00
$ 151,650.00
$ 521,650.00 $ 673,300.00
$ 144,250.00
SCG - Spicer Consulting Group
9/8/2023
CITY OF BEAUMONT
CFD 93-1 IA 7A1
2015 LOCAL AGENCY REFUNDING REVENUE BONDS, SERIES A
Issued
03/31/2015
i __
BEAUMONT
-CALIFORNIA-
Coupon Principal Semi -Annual Annual
Date Rate Principal Outstanding Semi -Annual Interest Debt Service Debt Service
09/01/2034 4.000%
03/01/2035
09/01/2035 4.000%
03/01/2036
09/01/2036 5.000%
03/01/2037
09/01/2037 5.000%
03/01/2038
09/01/2038 5.000%
03/01/2039
09/01/2039 5.000%
03/01/2040
09/01/2040 5.000%
03/01/2041
09/01/2041 5.000%
03/01/2042
09/01/2042 5.000%
03/01/2043
09/01/2043 5.000%
03/01/2044
09/01/2044 5.000%
03/01/2045
09/01/2045 5.000%
Total
$ 380,000.00 $ 5,545,000.00
$ 5,545,000.00
$ 395,000.00 $ 5,150,000.00
$ 5,150,000.00
$ 415,000.00 $ 4,735,000.00
$ 4,735,000.00
$ 435,000.00 $ 4,300,000.00
$ 4,300,000.00
$ 455,000.00 $ 3,845,000.00
$ 3,845,000.00
$ 480,000.00 $ 3,365,000.00
$ 3,365,000.00
$ 500,000.00 $ 2,865,000.00
$ 2,865,000.00
$ 520,000.00 $ 2,345,000.00
$ 2,345,000.00
$ 550,000.00 $ 1,795,000.00
$ 1,795,000.00
$ 575,000.00 $ 1,220,000.00
$ 1,220,000.00
$ 605,000.00 $ 615,000.00
$ 615,000.00
$ 615,000.00 $ 0.00
$ 11,110,000.00
$ 144,250.00
$ 136,650.00
$ 136,650.00
$ 128,750.00
$ 128,750.00
$ 118,375.00
$ 118,375.00
$ 107,500.00
$ 107,500.00
$ 96,125.00
$ 96,125.00
$ 84,125.00
$ 84,125.00
$ 71,625.00
$ 71,625.00
$ 58,625.00
$ 58,625.00
$ 44,875.00
$ 44,875.00
$ 30,500.00
$ 30,500.00
$ 15,375.00
$ 15,375.00
$ 9,464,614.10
$ 524,250.00 $ 668,500.00
$ 136,650.00
$ 531,650.00 $ 668,300.00
$ 128,750.00
$ 543,750.00 $ 672,500.00
$ 118,375.00
$ 553,375.00 $ 671,750.00
$ 107,500.00
$ 562,500.00 $ 670,000.00
$ 96425.00
$ 576,125.00 $ 672,250.00
$ 84425.00
$ 584,125.00 $ 668,250.00
$ 71,625.00
$ 591,625.00 $ 663,250.00
$ 58,625.00
$ 608,625.00 $ 667,250.00
$ 44,875.00
$ 619,875.00 $ 664,750.00
$ 30,500.00
$ 635,500.00 $ 666,000.00
$ 15,375.00
$ 630,375.00 $ 645,750.00
$ 20,574,614.10 $ 20,574,614.10
SCG - Spicer Consulting Group
9/8/2023
Appendix B:
California Debt and Investment Advisory Commission
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Issuer Name:
Issue Name:
Project Name:
Actual Sale Date:
Settlement Date:
Original Principal Amount:
Date of Filing:
Reserve Fund Minimum Balance:
Reserve Fund Minimum Balance Amount:
Credit Rating from Report of Final Sale
Credit Rating:
Standard & Poor:
Fitch:
Moody's:
Other:
Credit Rating from Mello -Roos Last Yearly Fiscal Status Report Credit Rating:
Standard & Poor:
Fitch:
Moody's:
Other:
Credit Rating for This Reporting Period
Credit Rating:
Standard & Poor:
CDIAC # : 2015-0178
Status: Submitted
10/03/2024
Beaumont CFD No 93-1
2015 Spec Tax Ref RBs
IA No 7A1 Series A
3/17/2015
3/31/2015
$11,110,000.00
Yes
$673,300.00
Not Rated
Not Rated
Not Rated
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Fitch:
Moody's:
Other:
Fund Balance
Principal Amount of Bonds Outstanding:
Bond Reserve Fund:
Capitalized Interest Fund:
Construction Fund(s):
Assessed Value
Assessed or Appraised Value Reported as of:
Use Appraised Value only in first year or before annual tax roll billing commences:
Total Assessed Value of All Parcels:
Tax Collection
Total Amount of Special Taxes Due Annually:
Total Amount of Unpaid Special Taxes Annually:
Does this agency participate in the County's Teeter Plan? Delinquent Reporting
Delinquent Parcel Information Reported as of Equalized Tax Roll of:
Total Number of Delinquent Parcels:
Total Amount of Special Taxes Due on Delinquent Parcels:
Delinquency Parcel Reporting
Document Type
Delinquent Parcel Detail Report
Foreclosure
CDIAC # : 2015-0178
Status: Submitted
10/03/2024
$9,005,000.00
$710,818.07
$0.00
$0.00
1/1/2024
From Equalized Tax Roll
$160,875,336.00
$706,387.94
$3,382.44
No
6/30/2024
3 $4,316.58
Document Name File Upload Date
007 CFD 93-1 IA 7A1.pdf 10/3/2024
Date Foreclosure
Commenced
MELLO ROOS REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
CDIAC # : 2015-0178
Status: Submitted
10/03/2024
Total Number of Foreclosure Total Amount of Tax on Foreclosure Parcels Parcels
Retired Issues
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
MARKS ROOS LOCAL OBLIGOR REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Issuer Name:
Issue Name:
Project Name:
Date of Bond Issue/Loans:
Settlement Date:
Original Principal Amount:
Date of Filing:
Total Issuance Costs:
Total Cost of Issuance from Report of Final Sale:
Name of Authority that purchased debt:
Date of Authority Bond(s) Issuance:
Total Costs of Issuance from Authority Report of Final Sale:
Is the Reserve Fund held at Authority level?:
Reserve Fund Minimum Balance Amount:
Part of Authority Reserve Fund:
Percent of Reserve Fund:
Fund Balance
Principal Amount of Bonds Outstanding:
Bond Reserve Fund:
Capitalized Interest Fund:
Administrative Fee Charged by Authority:
Delinquent Reporting
Have Delinquent Taxes been reported?
Delinquent Parcel Information Reported as of Equalized Tax Roll of:
CDIAC # : 2015-0178
Status: Submitted
10/07/2024
Beaumont CFD No 93-1
2015 Spec Tax Ref RBs
IA No 7A1 Series A
3/17/2015
3/31/2015
$11,110,000.00
10/7/2024
$0.00
$70,750.00
Beaumont Financing Authority
3/31/2015
$417,200.00
Yes
$0.00
No
0 $9,005,000.00
$0.00
$0.00
$0.00
Y
6/30/2024
MARKS ROOS LOCAL OBLIGOR REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Delinquency Rate:
Does this agency participate in the County's Teeter Plan? Taxes Due:
Taxes Unpaid:
Retired Issues
CDIAC # : 2015-0178
Status: Submitted
10/07/2024
0.48 N
$706,387.94
$3,382.44
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
MARKS ROOS AUTHORITY REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
Information as of Reporting Year End: 6/30/2024
Issuance
Authority Issuer:
Issue Name:
Senior Issue:
Subordinate Issue:
Project Name:
Actual Sale Date:
Settlement Date:
Original Principal Amount:
Date of Filing:
Total Issuance Costs:
Total Cost of Issuance from Report of Final Sale:
Was a Reserve Fund established with proceeds of this debt issue?:
Reserve Fund Minimum Balance Amount:
Fund Balance
Principal Amount of Bonds Outstanding:
Capitalized Interest Fund:
Cash Reserve:
Surety Bond Reserve:
Total Bond Reserve Fund:
Professional Fees
Type of service
No Data Available
Local Obligors
CDIAC # : 2015-0177
Status: Submitted
10/08/2024
Beaumont Financing Authority
2015 Local Agy Ref RBs
No
No
CFD No 93-1 IA No 7A1 Series A
3/17/2015
3/31/2015
$11,110,000.00
10/8/2024
$0.00
$417,200.00
Other Text Service Fee
Yes
$673,300.00
$9,005,000.00
$0.00
$710,818.07
$0.00
$710,818.07
CDIAC Number Issuer Name Principal Amount Obligor Type Administration Fee
2015-0178
Total:
MARKS ROOS AUTHORITY REPORT
California Debt and Investment Advisory Commission, 915 Capitol Mall, Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 Fax: (916) 654-7440
CDIAC # : 2015-0177
Status: Submitted
10/08/2024
Beaumont CFD No 93-1 $11,110,000.00 BP $26,239.08
Investment Contracts
Final Maturity of the Investment Contract:
Commission/Fee for Contract (total):
Interest Earnings on Contract (current):
Retired Issues
$11,110,000.00 $26,239.08
$0.00
$0.00
Indicate Reason for Retirement: Not Retired
Filing Contact
Filing Contact Name:
Agency/Organization Name:
Address:
City:
State:
Zip Code:
Telephone:
Fax Number:
E-mail:
Comments
Issuer Comments:
Christina Ramirez
Spicer Consulting Group LLC
41880 Kalmia Street, Suite 145
Murrieta
CA
92562
866-504-2067
[email protected]
Appendix C:
Boundary Map
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SPICER
CONSULTING GROUP
BOUNDARY MAP
COMMUNITY FACILITIES DISTRICT NO. 93-1
IMPROVEMENT AREA 7A1
BEAUMONT
SPICER
CONSULTING GROUP
spicercg.com
BAUME ONT
-C A L I F O R N I A
Staff Report
TO: City Council
FROM: Lisa Leach, CPA, Assistant Finance Director
DATE January 21, 2025
SUBJECT: Fiscal Year 2024 Measure A Local Streets and Roads Program Description Reporting results for the Fiscal Year 2024 Measure A Local Streets and Roads Program.
Background and Analysis:
On an annual basis, through Riverside County Transportation Commission (RCTC), the City is required to have an agreed upon procedure on certain grant terms and conditions with the Measure A Local Streets and Roads Program. The City of Beaumont's management is responsible for the compliance with the program terms and conditions. Agreed upon procedures is a limited form of audit procedure where the practitioner performs specific procedures on a selected area and does not report an opinion on the overall financial statements. An agreed upon procedure also does not test internal controls of the City.
The agreed upon procedures were performed by Eide Bailly, CPAs and Business Advisors, in accordance with attestation standards established by the American Institute of Certified Public Accountants. RCTC agreed to and acknowledged that the procedures performed were appropriate to meet the intended purpose of evaluating the City's compliance with the program terms and conditions in a report dated December 18, 2024. No findings were identified, and all program terms and conditions were met.
The agreed upon procedures for Fiscal Year Ended June 30, 2024, is included as Attachment A.
Fiscal Impact:
The cost to prepare this report is $150.
Recommended Action:
Receive and file the Fiscal Year 2024 Measure A Local Streets and Roads Program.
Attachments:
A. ROTC City of Beaumont Measure A 2024 Final AUP Report
Agreed Upon Procedures
June 30, 2024
City of Beaumont, California
Measure A Local Streets and Roads Program
, .»1
EideBai11y
eidebailly.com
EideBailly®
CPAs & BUSINESS ADVISORS
Independent Accountant's Report
The Board of Commissioners
Riverside County Transportation Commission
Riverside, California
We have performed the procedures enumerated below, on certain grant terms and conditions with the Measure A Local Streets and Roads Program for the fiscal year ended June 30, 2024. The City of Beaumont's (the City) management is responsible for the compliance with the program terms and conditions of the Measure A Local Streets and Roads Program.
Riverside County Transportation Commission (RCTC) has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of evaluating the City's compliance with the program terms and conditions of the Measure A Local Streets and Roads Program.
This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes.
The procedures and associated findings are as follows:
1. Review the 2009 Measure A (Ordinance 02-001) compliance requirements. Western County jurisdictions are required to participate in the Transportation Uniform Mitigation Fee (TUMF) program and in the Multiple Species Habitat Conservation Plan (MSHCP), which are administered by the Western Riverside Council of Governments (WRCOG) and the Western Riverside County Regional Conservation Authority (RCA), respectively. Coachella Valley jurisdictions are required to participate in the TUMF program administered by the Coachella Valley Association of Governments (CVAG). Indicate participation in TUMF and/or MSHCP programs.
Finding: We reviewed the 2009 Measure A Ordinance (Ordinance 02-001). We also confirmed that the City participates in the TUMF program administered by WRCOG and the MSHCP administered by RCA.
2. Obtain from RCTC the approved 5 -Year Capital Improvement Plan (CIP) for the fiscal year.
Finding: We obtained the City's 5 -Year CIP for fiscal year 2024 approved by RCTC.
What inspires you, inspires us. eidebailly.com 1
10681 Foothill Blvd., Ste. 300 Rancho CucaPoPPqg7391X4 T 909.466.4410 F 909.466.4431 EOE
3. Obtain from the jurisdiction a detail general ledger and balance sheet for the fiscal year. a. Identify the amount of Measure A cash and investments recorded at the end of the fiscal year.
Compare amount to Measure A fund balance and provide an explanation for any differences greater than 25% of fund balance.
Finding: We obtained the City's detailed trial balance for fiscal year 2024. The Measure A cash and investments were $2,143,675 at June 30, 2024. The difference between Measure A cash and investments of $2,143,675 and fund balance of $2,310,642 was $166,967 or 7% of the fund balance; thus, no explanation from City management was required. b. Identify any amounts due from other funds.
Finding: Per review of the City's detailed trial balance, there were no amounts due from other funds as of June 30, 2024.
c. Identify the components of ending fund balance for the Measure A activity (e.g., non -spendable, restricted, assigned, committed, unassigned).
Finding: The ending fund balance for the City's Measure A activity was restricted in the amount of $2,310,642 at June 30, 2024.
i. Identify the existence of any restatement of Measure A fund balance; inquire of management as to the reason for any restatement and provide a summary of the restatement items.
Finding: Per review of the City's trial balance for fiscal year 2024, we noted that there were no restatements to the Measure A fund balance as of July 1, 2023. ii. Compare ending fund balance to total revenues for the current year and prior two years. If ending fund balance is greater than the sum of total revenues for the three-year period, inquire of management as to the reason(s) for the accumulation of fund balance (e.g., status of specific projects included in the 5 -Year CIP).
Finding: Per review of the City's trial balance for fiscal year 2024 and prior year financial statements for the fiscal years ended June 30, 2023 and 2022, respectively, revenues were as follows:
For the Year Ended June 30, Revenue
2024
2023
2022
$ 1,043,541
971,311
1,525,247
Total $ 3,540,099
Fund balance for fiscal year ended June 30, 2024 $ 2,310,642 Ending fund balance of $2,310,642 was less than the sum of total revenues for the 3 -year period of $3,540,099; thus, no explanation from City management was required.
4. Obtain an operating statement for the Measure A activity for the fiscal year, including budget amounts, and include the operating statement as an exhibit to the report. a. Review the revenues in the operating statement.
i. Inquire of management as to what fund is used to record Measure A revenues received from RCTC and identify what the total revenues were for the fiscal year.
Finding: We obtained the City's detailed trial balance for fiscal year 2024. We inquired of City management and noted that the City accounts for Measure A revenues in its Measure A Special Revenue Fund (Fund #202). The City recorded total revenues in the amount of $1,043,541 for the fiscal year ended June 30, 2024 (refer to Exhibit A). ii. Obtain from RCTC a listing of Measure A payments to the jurisdiction.
1. Compare the Measure A sales tax revenues recorded by the jurisdiction to the listing of payments made by RCTC.
Finding: We obtained the Measure A Local Streets and Roads Annual Disbursement report from RCTC and agreed the total disbursement amount of $936,622 to the recorded Measure A sales tax revenues in the City's detailed trial balance without exception.
iii. Obtain from the jurisdiction an interest allocation schedule for the fiscal year.
1. Identify the allocation amount of interest income to Measure A activity and what the amount of interest income was for the fiscal year. If no interest was allocated, inquire of management as to reason for not allocating interest income.
Finding: We obtained the City's Worksheet for Interest Apportionment for fiscal year 2024 and noted that interest revenue of $105,467 and a correction to fiscal year 2023 interest totaling $1,452 was allocated to the Measure A special revenue fund for the fiscal year ended June 30, 2024.
b. Review the expenditures in the operating statement.
i. Inquire of management as to what fund is used to record Measure A expenditures and what the total expenditures were for the fiscal year.
Finding: We inquired of City management and noted that the City accounts for Measure A expenditures in its Measure A Special Revenue Fund (Fund #202). The City recorded no Measure A expenditures for the fiscal year ended June 30, 2024 (refer to Exhibit A). ii. Select expenditures for testing that comprise at least 20% of the total Measure A expenditures.
Finding: No transactions were available for selection for the fiscal year ended June 30, 2024.
1. For the expenditures selected for testing, compare the dollar amount listed on the general ledger to the supporting documentation.
Finding: No transactions were available for selection for the fiscal year ended June 30, 2024.
2. For the expenditures selected for testing, review the 5 -Year CIP and note if the project is included in the 5 -Year CIP and is an allowable cost.
Finding: No transactions were available for selection for the fiscal year ended June 30, 2024.
iii. Inquire of management as to the nature of any transfers in or out recorded in the Measure A Fund. For any transfers out, determine if nature of transfer out was included in the 5 -Year CIP.
Finding: Per inquiries with management and review of the detailed trial balance, the City recorded transfers out of the Measure A special revenue fund in the amount of $1,628,879 to the CIP fund for project funding. Per review of the journal entry support, these transfers out are for projects included in the 5 -year CIP. The City recorded no transfers in to the Measure A special revenue fund for fiscal year 2024.
iv. Inquire of management as to the amount of general or non -project -related indirect costs, if any, included in expenditures. If indirect costs exceed 8% of Measure A revenue, inquire of management as to the basis for indirect costs charged to Measure A. If indirect costs are identified, determine if such costs are included in the 5 -Year CIP.
Finding: Per inquiries with management and review of the City's trial balance, we noted no indirect costs charged to the Measure A special revenue fund for fiscal year 2024. v. Inquire of management as to the amount of debt service expenditures recorded in the Measure A fund and determine if such costs are included in the 5 -Year CIP.
Finding: Per inquiries with management and review of the City's detailed trial balance, the City did not have debt service expenditures in fiscal year 2024 related to Measure A.
1. Compare debt service expenditures to prior year amount. If debt service expenditures have increased or decreased at least 25%, inquire of management as to the reason for the change in debt service expenditures.
Finding: Per review of the City's detailed trial balance, the City did not have debt service expenditures in the current year.
5. Obtain from RCTC a listing of jurisdictions who participate in the Western County or Coachella Valley TUMF programs.
a. If the jurisdiction is a participant in the TUMF program, select at least one disbursement for validation as to the amount remitted to WRCOG or CVAG, as applicable.
Finding: We obtained the City's trial balance for the TUMF program and haphazardly selected one disbursement paid to WRCOG in the amount of $222,288. We agreed the amount to the invoice to validate that the amount was remitted to WRCOG without exception. b. Indicate the total amount of TUMF fees collected and remitted during the fiscal year.
Finding: Per review of the City's trial balance for the TUMF program, the total amount of fees collected and remitted was $596,136 for the year ended at June 30, 2024.
6. Obtain from RCTC a listing of jurisdictions who participate in the Western County MSHCP program. a. If the jurisdiction is a participant in the MSHCP program, select at least one disbursement for validation as to the amount remitted to RCA, as applicable.
Finding: We obtained the City's trial balance for the MSHCP program and haphazardly selected one disbursement paid to RCA in the amount of $309,228. We agreed the amount to the invoice to validate that the amount was remitted to RCA without exception. b. Inquire of management as to the existence of any fees collected in prior years and not remitted to RCA as of the end of the fiscal year.
Finding: Per inquiry with management and review of the City's detailed trial balance for the MSHCP program, there were no amounts collected in the prior year and not remitted to RCA as of June 30, 2024.
c. Indicate the total amount of MSHCP fees collected and remitted during the fiscal year.
Finding: Per review of the City's trial balance for the MSHCP program, the total amount of fees collected was $1,399,940 and remitted was $1,399,362 for the year ended June 30, 2024. The remaining $578 was remitted to RCA on September 26, 2024.
7. Obtain from RCTC the Maintenance of Effort (MOE) base year requirement, including supporting detail of the calculations for the City, and the carryover amount allowed as of the beginning of the fiscal year.
a. Obtain from the City a calculation of its current year MOE amount in the format similar to its base year calculation. Attach a copy of the calculation worksheet provided by the City as an exhibit to the report.
Finding: We obtained the MOE base year requirement and allowable carryover as of June 30, 2023, from RCTC (included in the 2024 Audit Notification Letter). We obtained the City's calculation of its current year MOE amount and attached the calculation worksheet as Exhibit B. b. Compare the current year MOE amounts from the General Fund to the general ledger.
Finding: No exceptions were noted as a result of applying this procedure. c. Review the General Fund general ledger to determine if there were any transfers in to fund any MOE amounts.
Finding: Per review of the General Fund general ledger, no transfers in to fund any MOE amounts were identified for fiscal year 2024.
d. Compare the amount of current year MOE expenditures to the MOE base requirement and add any excess to, or subtract any deficiency from, the carryover amount.
Finding: We noted that current year MOE expenditures of $5,185,267 were greater than the MOE base requirement of $515,908 resulting in an excess MOE of $4,669,359 for the fiscal year ended June 30, 2024.
e. If the amount of discretionary funds spent is less than the MOE base requirement (MOE deficiency), determine the amount of any prior year MOE carryover using the information obtained from RCTC, and reduce the MOE deficiency by any available MOE carryover to determine an adjusted current year expenditure amount.
Finding: Per review of the City's fiscal year 2024 Construction and Maintenance Expenditure summary worksheet, the City's discretionary funds spent in the fiscal year ended June 30, 2024, exceeded the MOE base year requirement. The total MOE excess balance at June 30, 2024, was $10,215,327. No exceptions were noted as a result of applying this procedure. The City's MOE carryover at June 30, 2024, is calculated as follows:
MOE excess at July 1, 2023 $ 5,545,968
Current year MOE expenditures
Less: MOE base year requirement
5,185,267
(515,908)
MOE excess for the fiscal year ended June 30, 2024 4,669,359 MOE excess at June 30, 2024 $ 10,215,327
We were engaged by RCTC to perform this agreed -upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to and did not conduct an examination or review, the objective of which would be the expression of an opinion or conclusion, respectively, on the City's compliance with the program terms and conditions of the Measure A Local Streets and Roads Program.
Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.
We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed -upon procedures engagement.
This report is intended solely for the information and use of the Board of Commissioners and management of RCTC and is not intended to be and should not be used by anyone other than this specified party.
Rancho Cucamonga, California
December 18, 2024
Exhibit A
City of Beaumont, California
Measure A Local Streets and Roads Program
Measure A Operating Statements
Fiscal Year June 30, 2024
(Unaudited)
Revenues
Tax - Measure A
Interest
Variance with
Final Budget
Positive
Final Budget Actual (Negative)
$ 733,600 $ 936,622 $ 203,022
10,000 106,919 96,919
Total revenues 743,600 1,043,541 299,941
Expenditures
Transfers Out 2,264,528 1,628,879 635,649
Excess (deficiency) of revenues
over (under) expenditures $ (1,520,928) $ (585,338) $ 935,590
7 Exhibit B
City of Beaumont, California
Measure A Local Streets and Roads Program
MOE Calculation
Fiscal Year June 30, 2024
(Unaudited)
FY 2023/24 Construction and Maintenance Expenditures
(Round to nearest dollar)
Funding Breakdown
Project Expenditures Included in General Ledger Total Cost General Fund
Meas A
Federal
State -
SB1
State -
Gas Tax
Other
Construction:
2016-003P2 Potrero Interchange/Ramp Additions 734,716
261,863
472,853
2017-001 Pennsylvania Ave/Ramp Additions 18,845
18,845
2017-009 Pennsylvania Widening 5,525,243
2,177,343
3,347,900
2017-012 Pennsylvania Ace/UPR Grade Seperation 647,274
647,274
2017-027 Oak Valley/ I-10 Interchange 5,072
5,072
2019-009 2nd Street Extension Design 1,207
1,207
R-01 Oak Valley Pakway Expansion 4,729
4,729
R-12 2nd Street Extension Construction 17,769
17,769
Maintenance:
Citywide Street Maintenance 2,564,848
997,852
1,566,996
R-08 Annual Citywide Street Rehab and Maintenance 1,048 1,048
R-24 Annual Citywide Street Rehab and Maintenance 4,740,084 1,748,209
1,627,831
1,117,898
246,146
Engineering/Administrative Overhead Not Allocated to Specific Projects:
Expenditure Totals 14,260,835
5,185,267
1,628,879
0 1,117,898
1,566,996
4,761,795
Deductions for Special Consideration (Deductions Must Also Be Included in Project Expenditures Above):
Construction:
Maintenance:
Engineering/Administrative Overhead Not Allocated to Specific Projects:
Deduct Totals
Total Project
Cost
General Fund
State Reason Why Project Expenditure Should Be Deducted from MOE Total GF
Expenditures
5,185,267
minus
Deductions
-
MOE Current
Year
5,185,267
MOE Base Year Requirement (515,908)
MOE Excess for Fiscal Year Ended June 30, 2024 4,669,359 Note: Amounts are formatted without cents, therefore creating the possibility for rounding differences to occur. 8
BAUME ONT
-c A L I F O R N I A
Staff Report
TO: City Council
FROM: Robert L. Vestal, Public Works Director
DATE: January 21, 2025
SUBJECT: Second Reading of Ordinance to Update Participation in the TUMF Program; Resolution Adopting A TUMF Schedule
Description Ordinance and Resolution to adopt the 2024 Nexus Study and Fee Schedule for TUMF.
Background and Analysis:
On December 17, 2024, City Council held a public hearing for the first reading of "An Ordinance of the City of Beaumont Amending and Superseding Ordinance No. 1091 to Update Participation in the Western Riverside County Transportation Uniform Mitigation Fee (TUMF) Program."
The City of Beaumont is a Member Jurisdiction of the Western Riverside Council of Governments ("WRCOG"), a joint powers agency comprised of the County of Riverside and eighteen (18) cities located in Western Riverside County. Acting in concert, in 2002-2003 the WRCOG Member Jurisdictions developed a plan whereby the shortfall in funds needed to enlarge the capacity of the Regional System of Highways and Arterials due to new development in Western Riverside County could be made up in part by a Transportation Uniform Mitigation Fee ("TUMF") on future residential, commercial and industrial development. As a Member Jurisdiction of WRCOG and as a TUMF Participating Jurisdiction, the City participated in the preparation of a certain "Western Riverside County Transportation Uniform Fee Nexus Study," ("2002 Nexus Study") later adopted by the WRCOG Executive Committee. Based on the 2002 Nexus Study, the City adopted and implemented an ordinance authorizing the City's participation in a TUMF Program.
Pursuant to the Mitigation Fee Act (Gov. Code §§ 66000 et seq.), WRCOG has prepared a new nexus study ("2024 Nexus Study") to update the fees. On September 9, 2024, the WRCOG Executive Committee reviewed the 2024 Nexus Study and recommended TUMF Participating Jurisdictions update their fees by amending their
applicable TUMF ordinances to reflect changes in the TUMF network and the cost of construction.
The proposed Ordinance provides the legal basis for a revised TUMF schedule. The actual TUMF schedule will be established through the Resolution.
In accordance with the Mitigation Fee Act, the proposed Ordinance and 2024 Nexus Study:
Identify the purpose of the revised fees;
identify the use to which the revised fees are to be put, including identification of any facilities to be financed;
determine how there is a reasonable relationship between the fee's use and the type of development project on which the fee is imposed; determine how there is a reasonable relationship between the need for the public facilities and the type of development project upon which the fees are imposed; and,
determine how there is a reasonable relationship between the amount of the fees and the cost of the public facilities or portion or the public facility attributable to the development on which the fees are imposed.
The resolution will establish the Fee Schedule for TUMF as follows:
1. $12,380 per single family residential unit 1,800 square feet or less
2. $13,927 per single family residential unit between 1,801 and 2,300 square feet
3. $15,476 per single family residential unit between 2,301 and 2,700 square feet
4. $19,344 per single family residential unit greater than 2,700 square feet
5. $7,816 per multi -family residential unit
6. $2.33 per square foot of an industrial project
7. $7.72 per square foot of a retail commercial project
8. $4.89 per square foot of a service commercial project
9. $2.45 per square foot of a service Class A and B Office Fiscal Impact:
The estimated cost to prepare this report is $350. The TUMF fee is paid directly to WRCOG from developers.
Recommended Action:
Waive the full second reading and adopt by title only, "An Ordinance of the City of Beaumont Amending and Superseding Ordinance No. 1091 to Update Participation in the Western Riverside County Transportation Uniform Mitigation Fee (TUMF) Program" Attachments:
A. TUMF Ordinance
B. Ordinance Exhibit A
C. TUMF Schedule Resolution (Draft)
D. 2024 Nexus Study
ORDINANCE NO.
AN ORDINANCE OF THE CITY OF BEAUMONT AMENDING
AND SUPERSEDING ORDINANCE NO. 1091 TO UPDATE
PARTICIPATION IN THE WESTERN RIVERSIDE COUNTY
TRANSPORTATION UNIFORM MITIGATION FEE (TUMF)
PROGRAM
The City Council of the City of Beaumont, California "(City") ordains as follows:
Section 1. Title.
This Ordinance shall be known as the "Western Riverside County Transportation Uniform Mitigation Fee Program Ordinance of 2024" ("Ordinance").
Section 2. Findings.
A. The City is a member agency of the Western Riverside Council of Governments ("WRCOG"), a joint powers agency comprised of the County of Riverside and 18 cities located in Western Riverside County. Acting in concert, the WRCOG Member Agencies developed a plan whereby the shortfall in funds needed to enlarge the capacity of the Regional System of Highways and Arterials in Western Riverside County (the "Regional System") could be made up in part by a Transportation Uniform Mitigation Fee ("TUMF") on future residential, commercial and industrial development. A map depicting the boundaries of Western Riverside County and the Regional System is attached here as Exhibit "A" and incorporated herein. As a Member Agency of WRCOG and as a TUMF Participating Jurisdiction, the City participated in the preparation of a certain "Western Riverside County Transportation Uniform Fee Nexus Study," dated October 18, 2002 (the "2002 Nexus Study") prepared in compliance with the Mitigation Fee Act (Gov. Code §§ 66000 et seq.) and adopted by the WRCOG Executive Committee.
Based on the 2002 Nexus Study, the City adopted and implemented an ordinance authorizing the City's participation in a TUMF Program.
B. In 2016, the TUMF Nexus Study ("2016 Nexus Study") was updated for the purpose of updating the fees. On July 10, 2017, the WRCOG Executive Committee reviewed the 2016 Nexus Study and TUMF Program and recommended TUMF Participating Jurisdictions amend their applicable TUMF ordinances to reflect changes in the TUMF network and the cost of construction in order to update the TUMF Program.
C. On September 5, 2017, the City adopted Ordinance No. 1091, which adopted the 2016 Nexus Study and updated the TUMF.
D. In 2018, the TUMF Program was altered to adopt a process in which WRCOG calculates and collects TUMF on behalf of member agencies under the Western Riverside County Transportation Uniform Mitigation Fee Program Ordinance of 2018.
E. The City amended Ordinance No. 1091 on August 15, 2023, allowing WRCOG to calculate and collect TUMF on behalf of the City.
F. WRCOG, with the assistance of TUMF Participating Jurisdictions, has prepared an updated nexus study entitled "Transportation Uniform Mitigation Fee Nexus Study: 2024 Update" ("2024 Nexus Study") pursuant to California Government Code sections 66000 et seq.
(the Mitigation Fee Act), for the purpose of updating the fees. On September 9, 2024, the WRCOG Executive Committee reviewed the 2024 Nexus Study and TUMF Program and recommended TUMF Participating Jurisdictions amend their applicable TUMF ordinances to reflect changes in the TUMF network and the cost of construction in order to update the TUMF Program.
G. Consistent with its previous findings made in the adoption of Ordinance No. 1091, the City Council has been informed and advised, and hereby finds, that if the capacity of the Regional System is not enlarged and unless development contributes to the cost of improving the Regional System, the result will be substantial traffic congestion in all parts of Western Riverside County, with unacceptable Levels of Service. Furthermore, the failure to mitigate growing traffic impacts on the Regional System will substantially impair the ability of public safety services (police and fire) to respond and, thus, adversely affect the public health, safety and welfare. Therefore, continuation of a TUMF Program is essential.
H. The City Council finds and determines that there is a reasonable and rational relationship between the use of the TUMF and the type of development projects on which the fees are imposed because the fees will be used to construct the transportation improvements that are necessary for the safety, health and welfare of the residential and non-residential users of the development in which the TUMF will be levied.
The City Council finds and determines that there is a reasonable and rational relationship between the need for the improvements to the Regional System and the type of development projects on which the TUMF is imposed because it will be necessary for the residential and non-residential users of such projects to have access to the Regional system.
Such development will benefit from the Regional System improvements and the burden of such developments will be mitigated in part by payment of the TUMF.
J. The City Council finds and determines that the cost estimates set forth in the new 2024 Nexus Study are reasonable cost estimates for constructing the Regional System improvements and the facilities that compromise the Regional System, and that the amount of the TUMF expected to be generated by new development will not exceed the total fair share cost to such development.
K. The fees collected pursuant to this Ordinance shall be used to help pay for the design, planning, construction of and real acquisition for the Regional System improvements and its facilities as identified in the 2024 Nexus Study. The need for the improvements and facilities is related to new development because such development results in additional traffic and creates the demand for the improvements.
L. By notice duly given and published, the City Council set the time and place for a public hearing on the 2024 Nexus Study and the fees proposed thereunder and at least ten (10) days prior to this hearing, the City Council made the 2024 Nexus Study available to the public.
M. At the time and place set for the hearing, the City Council duly considered data and information provided by the public relative to the cost of the improvements and facilities for which the fees are proposed and all other comments, whether written or oral, submitted prior to the conclusion of the hearing.
N. The City Council finds that the 2024 Nexus Study proposes a fair and equitable method for distributing a portion of the unfunded costs of improvements and facilities to the Regional system.
O. The City Council hereby adopts the 2024 Nexus Study and its findings. The 2024 Nexus Study is attached and incorporated herein as Exhibit "B." P. The City Council hereby adopts this Ordinance to amend and supersede the provisions of Ordinance No. 1091
Section 3. Definitions.
For the purpose of this Ordinance, the following words, terms and phrases shall have the following meanings:
A. "Class 'A' Office" means an office building that is typically characterized by high quality design, use of high end building materials, state of the art technology for voice and data, on -site support services/maintenance, and often includes full service ancillary uses such as, but not limited to a bank, restaurant/office coffee shop, health club, printing shop, and reserved parking. The minimum requirements of an office building classified as Class 'A" Office shall be as follows: (i) minimum of three stories (exception will be made for March JPA, where height requirements exist); (ii) minimum of 10,000 square feet per floor; (iii) steel frame construction; (iv) central, interior lobby; and (v) access to suites shall be from inside the building unless the building is located in a central business district with major foot traffic, in which case the first floor may be accessed from the street to provide entrances/ exits for commercial uses within the building.
B. "Class 'B' Office" means an office building that is typically characterized by high quality design, use of high end building materials, state of the art technology for voice and data, on -site support services/maintenance, and often includes full service ancillary uses such as, but not limited to a bank, restaurant/office coffee shop, health club, printing shop, and reserved parking. The minimum requirements of an office building classified as Class `B" Office shall be as follows: (i) minimum of two stories; (ii) minimum of 15,000 square feet per floor; (iii) steel frame, concrete or masonry shell construction; (iv) central, interior lobby; and (v) access to suites shall be from inside the building unless the building is located in a central business district with major foot traffic, in which case the first floor may be accessed from the street to provide entrances/exits for commercial uses within the building.
C. "Development Project" or "Project" means any project undertaken for the purposes of development, including the issuance of a permit for construction.
D. "Gross Acreage" means the total property area as shown on a land division of a map of record, or described through a recorded legal description of the property. This area shall be bounded by road rights of way and property lines.
E. "Habitable Structure" means any structure or part thereof where persons reside, congregate or work and which is legally occupied in whole or part in accordance with applicable building codes, and state and local laws.
F. "Industrial Project" means any development project that proposes any industrial or manufacturing use allowed in the following Ordinance No. 1016 zoning
classifications: I -P, M -S -C, M -M, M -H, M -R, M -R -A, A-1, A -P, A-2, A -D, W -E, or SP with one of the aforementioned zones used as the base zone.
G. "Low Income Residential Housing" means "Residential Affordable Units": (A) for rental housing, the units shall be made available, rented and restricted to "lower income households" (as defined in Health and Safety Code Section 50079.5) at an "affordable rent" (as defined in Health and Safety Code Section 50053), ). Affordable units that are rental housing shall be made available, rented, and restricted to lower income households at an affordable rent for a period of at least fifty-five (55) years after the issuance of a certificate of occupancy for new residential development. and (B) for for -sale housing, the units shall be sold to "persons or families of low or moderate income" (as defined in Health and Safety Code Section 50093) at a purchase price that will not cause the purchaser's monthly housing cost to exceed "affordable housing cost (as defined in Health and Safety Code Section 50052.5) Affordable units that are for -sale housing units shall be restricted to ownership by persons and families of low or moderate income for at least forty-five (45) years after the issuance of a certificate of occupancy for the new residential development.
H. "Multi -Family Residential Unit" means a structure with two or more legal independent residential dwelling units intended for human habitation. "Non -Residential Unit" means retail commercial, service commercial and industrial development which is designed primarily for non -dwelling use, but shall include hotels and motels.
J. "Recognized Financing District" means a Financing District as defined in the TUMF Administrative Plan as may be amended from time to time.
K. "Residential Dwelling Unit" means a building or portion thereof used by one (1) family and containing but one (1) kitchen, which is designed primarily for residential occupancy including single-family and multi -family dwellings. "Residential Dwelling Unit" shall not include hotels or motels.
L. "Retail Commercial Project" means any development project that proposes any retail commercial activity use not defined as a service commercial project allowed in the following Ordinance No. 1016 classifications: R-1, R -R, R -R -O, R -1-A, R -A, R-2, R -2-A, R-3, R- 3 -A, R -T, R -T -R, R-4, R-5, R-6, C-1 /C -P, C -T, C -P -S, C -R, C -O, R -V -C, C -V, W-2, R -D, N -A, W- 2 -M, W-1, or SP with one of the aforementioned zones used as the base zone, which can include any eating/dining facility residing on the retail commercial development premises.
M. "Service Commercial Project" means any development project that is predominately dedicated to business activities associated with professional or administrative services, and typically consists of corporate offices, financial institutions, legal, and medical offices eating/dining facilities, and other uses related to personal or professional services.
N. "Single Family Residential Unit" means each residential dwelling unit development which is situated on one lot which shares no common wall, foundation, or other interconnection with another dwelling unit.
O. "TUMF Participating Jurisdiction" means a jurisdiction in Western Riverside County which has adopted and implemented an ordinance authorizing participation in the TUMF
Program and complies with all regulations established in the TUMF Administrative Plan, as adopted and amended from time to time by the WRCOG.
P. "Disabled Veteran" means any veteran who is retired or is in process of medical retirement from military service who is or was severely injured in a theatre of combat operations and has or received a letter of eligibility for the Veterans Administration Specially Adapted Housing (SAH) Grant Program.
Q. Government/public buildings, public schools, and public facilities means any owned and operated facilities by a government entity in accordance with Section G.
Exemptions, Subsection 2. of this Ordinance. A new development that is subject to a long-term lease with a government agency for government/public buildings, public schools, and public facilities shall apply only if all of the following conditions are met:
(a) The new development being constructed is subject to a long-term lease with a government agency.
(b) The project shall have a deed restriction placed on the property that limits the use to government/public facility for the term of the lease, including all extension options, for a period of not less than 20 years. Any change in the use of the facility from government shall trigger the payment of the TUMF in effect at the time of the change is made.
(c) No less than ninety percent of the total square footage of the building is leased to the government agency during the term of deed restriction the long term and any extensions thereof.
(d) The new development is constructed at prevailing wage rates. (e) A copy of the lease is provided to the applicable jurisdiction and to WRCOG.
(f) Based on the facts and circumstances WRCOG determines that the intent of the lease is to provide for a long-term government use, and not to evade payment of TUMF.
R. "Non-profit Organization" means an organization operated exclusively for exempt purposes set forth in section 501(c)(3) of the Internal Revenue Code, and none of its earnings may inure to any private shareholder or individual. In addition, it may not be an action organization, i.e., it may not attempt to influence legislation as a substantial port of its activities and it may not participate in any campaign activity for or against political candidates. For the purposes of the TUMF Program, the non-profit may be a 501(c) (3) charitable organization as defined by the Internal Revenue Service.
S. "Long -Term Lease" as used in the TUMF Program, a "long-term lease" shall mean a lease with a term of no less than twenty years.
T. "Mixed -Use Development" as used in the TUMF Program, means Developments with the following criteria: (1) three or more significant revenue -producing uses, and (2) significant physical and functional integration of project components.
U. "Guest Dwellings" and "Detached Second Units" according to the State of California legal definition as following: 1) Complies with the State of California Department of Housing and Community Development Accessory Dwelling Unit Handbook and 2) Are ministerially approved by each jurisdiction's local codes.
V. "TUMF Administrative Plan" means that the TUMF Administration Plan adopted by the WRCOG Executive Committee May 5, 2003, as amended, setting forth detailed administration procedures and requirements for the TUMF program.
Section 4. Establishment of the Transportation Uniform Mitigation Fee.
A. Adoption of TUMF Schedule. The City Council shall adopt an applicable TUMF schedule through a separate resolution, which may be amended from time to time.
B. Fee Calculation. The fees shall be calculated by WRCOG according to the calculation methodology fee set forth in the WRCOG TUMF Fee Calculation Handbook adopted July 14, 2003, as amended from time to time. In addition to data in the Fee Calculation Handbook, WRCOG Staff may consider the following items when establishing the appropriate fee calculation methodology:
• Underlying zoning of the site
• Land -use classifications in the latest Nexus Study
• Project specific traffic studies
• Latest Standardized reference manuals such as the Institute of Traffic Engineers Trip Generation Manual
• Previous TUMF calculations for similar uses
• WRCOG staff shall approve final draft credit / reimbursement agreement prior to execution
WRCOG shall have final determination regarding the appropriate methodology to calculate the fee based on the information provided by the local agency. In case of a conflict between the applicant, WRCOG, and/or the local agency regarding the fee calculation methodology, the dispute resolution process in the TUMF Administrative Plan will apply.
C. Fee Adjustment. The fee schedule may be periodically reviewed and the amounts adjusted by the WRCOG Executive Committee. By amendment to the Resolution reference is subsection A, above, the fees may be increased or decreased to reflect the changes in actual and estimated costs of the Regional System including, but not limited to, debt service, lease payments and construction costs. The adjustment of the fees may also reflect changes in the facilities required to be constructed, in estimated revenues received pursuant to this Ordinance, as well as the availability or lack thereof of other funds with which to construct the Regional System. WRCOG shall review the TUMF Program no less than every four (4) years after the effective date of this Ordinance. -
D. Purpose. The purpose of the TUMF is to fund those certain improvements to the Regional System as depicted in Exhibit "A" and identified in the 2024 Nexus Study, Exhibit "B." E. Applicability. The TUMF shall apply to all new development within the City, unless otherwise exempt hereunder.
F. Exemptions. The following types of new development shall be exempt from the provisions of this Ordinance and in TUMF Administrative Plan:
1. Low income residential housing as described in Section 3 Definitions, Subsection G of this Ordinance and in the TUMF Administrative Plan.
2. Government/public buildings, public schools, and public facilities as described in Section 3. Definitions, Subsection Q. of this Ordinance and in the TUMF Administrative Plan. Airports that are public use airports and are appropriately permitted by Caltrans or other state agency.
3. Development Projects which are the subject of a Public Facilities Development Agreement entered into pursuant to Government Code section 65864 et seq, prior to the effective date of Ordinance No. 1091, wherein the imposition of new fees are expressly prohibited, provided that if the term of such a Development Agreement is extended by amendment or by any other manner after the effective date of Ordinance No. 1091, the TUMF shall be imposed.
4. The rehabilitation and/or reconstruction of any habitable structure in use on or after January 1, 2000, provided that the same or fewer traffic trips are generated as a result thereof.
5. Guest Dwellings and Detached Second Units as described in this Ordinance in Section 3. Definitions, Subsection U. and in the Administrative Plan
6. Kennels and Catteries established in connection with an existing single family residential unit.
7. Any sanctuary, or other activity under the same roof of a church or other house of worship that is not revenue generating and is eligible for a property tax exemption (excluding concert venues, coffee/snack shops, book stores, for-profit pre- school day -cares, etc., which would be assessed TUMF.)
8. Any nonprofit corporation or nonprofit organization offering and conducting full-time day school at the elementary, middle school or high school level for students between the ages of five and eighteen years.
9. New single-family homes, constructed by non-profit organizations, specially adapted and designed for maximum freedom of movement and independent living for qualified Disabled Veterans."
10. Other uses may be exempt as determined by the WRCOG Executive Committee as further defined in the TUMF Administrative Plan.
G. Credit. Regional System improvements may be credited toward the TUMF in accordance with the TUMF Administrative Plan and the following:
Regional Tier
Arterial Credits: If a developer constructs arterial improvements identified on the Regional System, the developer shall receive credit for all costs associated with the arterial component based on approved Nexus Study for the Regional System effective at the time the credit agreement is entered into. WRCOG staff must pre -approve any credit agreements that deviate from the standard WRCOG approved format.
ii . Other Credits: In special circumstances, when a developer constructs off -site improvements such as an interchange, bridge, or railroad grade separation, credits shall be determined by WRCOG and the City in consultation with the developer.
All such credits must have prior written approval from WRCOG.
The amount of the development fee credit shall not exceed the maximum amount determined by the Nexus Study for the Regional System at the time the credit agreement is entered into or actual costs, whichever is less.
Local Tier
i. The local jurisdictions shall compare facilities in local fee programs against the Regional System and eliminate any overlap in its local fee program except where there is a Recognized Financing District has been established. ii . If there is a Recognized Financing District established, the local agency may credit that portion of the facility identified in both programs against the TUMF in accordance with the TUMF Administrative Plan.
Section 5. Reimbursements.
Should the developer construct Regional System improvements in excess of the TUMF fee obligation, the developer may be reimbursed based on actual costs or the approved Nexus Study effective at the time the agreement was entered into, whichever is less. Reimbursements shall be enacted through an agreement between the developer and the City, contingent on funds being available and approved by WRCOG. In all cases, however, reimbursements under such special agreements must coincide with construction of the transportation improvements as scheduled in the five-year Zone Transportation Improvement Program's adopted annually by WRCOG.
Section 6. Procedures for the Levy, Collection and Dis
position of Fees.
A. Authority of the Building Department. The Director of Building & Safety, or his/her designee, is hereby authorized to provide WRCOG with development project specifics for the calculation of TUMF in a manner consistent with the TUMF Administrative Plan.
B. Payment and Collection. Payment of the fees shall be as follows:
i. All fees collected hereunder shall be collected by WRCOG for deposit, investment, accounting and expenditure in accordance with the provisions of this Ordinance, TUMF Administrative Plan, and the Mitigation Fee Act. ii . The fees shall be paid at the time a certificate of occupancy is issued for the Development Project or upon final inspection, whichever comes first (the "Payment Date"). However this section should not be construed to prevent payment of the fees prior to issuance of an occupancy permit or final inspection. Fees may be paid at the issuance of a building permit, and the fee payment shall be calculated based on the fee in effect at that time, provided the developer tenders the full amount of his/her TUMF obligation. If the developer makes only a partial payment prior to the Payment Date, the amount of the fee due shall be based on the TUMF fee schedule in place on the Payment Date. The fees shall be calculated according to fee schedule set forth in the Ordinance and the calculation methodology set forth in the Fee Calculation Handbook adopted July 14, 2003, as amended from time to time.
iii. The fees required to be paid shall be the fee amounts in effect at the time of payment is due under this Ordinance, not the date the Ordinance is initially adopted.
The City shall not enter into a development agreement which freezes future adjustments of the TUMF.
iv. If all or part of any development project is sold prior to payment of the fee, the property shall continue to be subject to the requirement for payment of the fee. The obligation to pay the fee shall run with the land and be binding on all the successors in interest to the property.
v. Fees shall not be waived.
C. Issuance of Certificate of Occupancy. The City shall not issue a certificate of occupancy for any Development Project until WRCOG has provided written evidence that it has collected the fee.
D. Appeals. Appeals shall be filed with WRCOG in accordance with the provisions of the TUMF Administrative Plan. Appealable issues shall be the application of the fee, application of credits, application of reimbursement, application of the legal action stay and application of exemption.
E. Reports to WRCOG. The Director of Building and Safety, or his/her designee, shall prepare and deliver to the Executive Director of WRCOG, periodic reports as will be established under Section 7 of this Ordinance.
Section 7. Appointment of the TUMF Administrator.
WRCOG is hereby appointed as the Administrator of the Transportation Uniform Mitigation Fee Program. WRCOG is hereby authorized to collect all fees generated from the TUMF within the City, and to invest, account for and expend such fees in accordance with the provisions of this Ordinance and the Mitigation Fee Act. The detailed administrative procedures concerning the implementation of this Ordnance shall be contained in the TUMF Administrative Plan . Furthermore, the TUMF Administrator shall use the Fee Calculation Handbook adopted July 14, 2003, as amended from time to time, for the purpose of calculating a developer's TUMF obligation. In addition to detailing the methodology for calculating all TUMF obligations of different categories of new development, the purpose of the Fee Calculation Handbook is to clarify for the TUMF Administrator, where necessary, the definition and calculation methodology for uses not clearly defined in the respective TUMF ordinances.
WRCOG shall expend only that amount of the funds generated from the TUMF for staff support, audit, administrative expenses, and contract services that are necessary and reasonable to carry out its responsibilities and in no case shall the funds expended for salaries and benefits exceed two percent (2%) of the revenue raised by the TUMF Program. The TUMF Administrative Plan further outlines the fiscal responsibilities and limitations of the Administrator.
Section 8. Effect.
No provisions of this Ordinance shall entitle any person who has already paid the TUMF to receive a refund, credit or reimbursement of such payment. This Ordinance does not create any new TUMF.
Section 9. Severability.
If any one or more of the terms, provisions or sections of this Ordinance shall to any extent be judged invalid, unenforceable and/or voidable for any reason whatsoever by a court of competent jurisdiction, then each and all of the remaining terms, provisions and sections of this Ordinance shall not be affected thereby and shall be valid and enforceable.
Section 10. No Procedural Defenses.
Prohibition of Jurisdictions from raising procedural defenses, including without limitation a statute of limitations, laches, the California Government Tort Claims Act, and necessary parties in a dispute with WRCOG regarding the matters set forth herein.
Section 11. Judicial Review.
In accordance with State law, any judicial action or proceeding to attack, review, set aside, void or annul this Ordinance shall be commenced within ninety (90) days of the date of adoption of this Ordinance
Section 12. Ordinance No.
This Ordinance supersedes the provisions of Ordinance No. 1091, provided this Ordinance is not declared invalid or unenforceable by a court of competent jurisdiction. If, for whatever reason, this Ordinance is declared invalid or unenforceable by a court of competent jurisdiction, Ordinance No. 1091, all other related ordinances and policies shall remain in full force and effect.
Section 13. Effective Date.
INTRODUCED AND READ for the first time and ordered posted at a regular meeting of the City Council of the City of Beaumont, California, held on the 17th day of December 2024, by the following roll call vote:
AYES:
NOES
ABSENT:
ABSTAIN
PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Beaumont, California, held on the 21st day of January, 2025.
AYES:
NOES:
ABSENT:
ABSTAIN:
Mayor
Attest:
City Clerk
Approved as to form:
John O. Pinkney, City Attorney
EXHIBIT "A"
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RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BEAUMONT AMENDING THE
APPLICABLE TRANSPORTATION UNIFORM MITIGATION FEE (TUMF) APPLICABLE TO
ALL DEVELOPMENTS IN THE CITY OF BEAUMONT
WHEREAS, the City of Beaumont ("City") is a member agency of the Western Riverside Council of Governments ("WRCOG"), a joint powers agency comprised of the County of Riverside and seventeen cities located in Western Riverside County; and WHEREAS, the member agencies of WRCOG recognized that there was insufficient funding to address the impacts of new development on the regional system of highways and arterials in Western Riverside County (the "Regional System"); and WHEREAS, in order to address this shortfall, the member agencies formulated a plan whereby a transportation mitigation fee would be assessed on new development and would be used to fund the necessary improvements for the Regional System; and WHEREAS, in furtherance of this plan, the WRCOG Executive Committee adopted the "Western Riverside County Transportation Uniform Fee Nexus Study", dated October 18, 2002 (the "2002 Nexus Study"); and
WHEREAS, based on the 2002 Nexus Study, the City adopted Ordinance 839 on March 18, 2003 (the "TUMF Ordinance") pursuant to California Government Code sections 66000 et seq. authorizing the City to impose the Transportation Uniform Mitigation Fee ("TUMF") upon new development; and
WHEREAS, in 2016, the TUMF Nexus Study ("2016 Nexus Study") was updated for the purpose of updating the fees. On July 10, 2017, the WRCOG Executive Committee reviewed the 2016 Nexus Study and TUMF Program and recommended TUMF Participating Jurisdictions amend their applicable TUMF ordinances to reflect changes in the TUMF network and the cost of construction in order to update the TUMF Program; and WHEREAS, on September 5, 2017, the City adopted Ordinance No. 1091 which adopted the 2016 Nexus Study and updated the TUMF; and
WHEREAS, in 2018, the TUMF Program was altered to adopt a process in which WRCOG calculates and collects TUMF on behalf of member agencies under the Western Riverside County Transportation Uniform Mitigation Fee Program Ordinance of 2018; and WHEREAS, the City amended Ordinance No. 1091 on August 15, 2023 allowing WRCOG to calculate and collect TUMF on behalf of the City; and WHEREAS, WRCOG, with the assistance of TUMF Participating Jurisdictions, has prepared an updated nexus study entitled "Transportation Uniform Mitigation Fee Nexus Study:
2024 Update" ("2024 Nexus Study") pursuant to California Government Code sections 66000 et seq. (the Mitigation Fee Act), for the purpose of updating the fees. On September 9, 2024, the WRCOG Executive Committee reviewed the 2024 Nexus Study and TUMF Program and recommended TUMF Participating Jurisdictions amend their applicable TUMF ordinances to reflect changes in the TUMF network and the cost of construction in order to update the TUMF Program.
WHEREAS, consistent with its previous findings made in the adoption of Ordinance No. 1091, the City Council has been informed and advised, and hereby finds, that if the capacity of the Regional System is not enlarged and unless development contributes to the cost of improving the Regional System, the result will be substantial traffic congestion in all parts of Western Riverside County, with unacceptable Levels of Service. Furthermore, the failure to mitigate growing traffic impacts on the Regional System will substantially impair the ability of public safety services (police and fire) to respond and, thus, adversely affect the public health, safety and welfare. Therefore, continuation of a TUMF Program is essential.
WHEREAS, the City Council finds and determines that there is a reasonable and rational relationship between the use of the TUMF and the type of development projects on which the fees are imposed because the fees will be used to construct the transportation improvements that are necessary for the safety, health and welfare of the residential and non-residential users of the development in which the TUMF will be levied.
WHEREAS, the City Council finds and determines that there is a reasonable and rational relationship between the need for the improvements to the Regional System and the type of development projects on which the TUMF is imposed because it will be necessary for the residential and non-residential users of such projects to have access to the Regional system.
Such development will benefit from the Regional System improvements and the burden of such developments will be mitigated in part by payment of the TUMF.
WHEREAS, the City Council finds and determines that the cost estimates set forth in the new 2024 Nexus Study are reasonable cost estimates for constructing the Regional System improvements and the facilities that compromise the Regional System, and that the amount of the TUMF expected to be generated by new development will not exceed the total fair share cost to such development.
WHEREAS, the fees collected pursuant to TUMF Ordinance shall be used to help pay for the design, planning, construction of and real acquisition for the Regional System improvements and its facilities as identified in the 2024 Nexus Study. The need for the improvements and facilities is related to new development because such development results in additional traffic and creates the demand for the improvements.
WHEREAS, by notice duly given and published, the City Council set the time and place for a public hearing on the 2024 Nexus Study and the fees proposed thereunder and at least ten (10) days prior to this hearing, the City Council made the 2024 Nexus Study available to the public.
WHEREAS, at the time and place set for the hearing, the City Council duly considered data and information provided by the public relative to the cost of the improvements and facilities for which the fees are proposed and all other comments, whether written or oral, submitted prior to the conclusion of the hearing.
WHEREAS, the City Council finds that the 2024 Nexus Study proposes a fair and equitable method for distributing a portion of the unfunded costs of improvements and facilities to the Regional system.
WHEREAS, section 4.C of Ordinance of the TUMF Ordinance authorizes periodic review and adjustment to the applicable TUMF in accordance with any adjustments made by the WRCOG Executive Committee; and
WHEREAS, the fees collected pursuant to this Resolution shall be used to finance the public facilities described or identified in the Nexus Study; and WHEREAS, the levying of TUMF has been reviewed by the City Council and staff in accordance with the California Environmental Quality Act ("CEQA") and the CEQA Guidelines and it has been determined that the adoption of this ordinance is exempt from CEQA pursuant to Section 15061(b)(3) of the CEQA Guidelines.
NOW, THEREFORE, the City Council of the City of Beaumont does resolve as follows:
SECTION 1. Findings. The recitals set forth above are hereby adopted as findings in support of this Resolution. In addition, the City Council re -adopts the findings contained in Section 2 of Ordinance in support of the adjusted TUMF contained herein.
SECTION 2. TUMF Schedule. In accordance with Section 4.C. of the TUMF Ordinance, there is hereby adopted the following fee schedule for the TUMF which replaces the fee schedule set forth in Sections 2 and 3 of Resolution No. 2021-55 in its entirety as of the Effective Date set forth in Section 5, provided that the fee for retail commercial projects shall go into effect upon the Effective Date set forth in Section 5, below:
A. There is hereby adopted the following TUMF schedule:
(1) $12,380 per single family residential unit 1,800 square feet or less (2) $13,927 per single family residential unit between 1,801 and 2,300 square feet
(3) $15,476 per single family residential unit between 2,301 and 2,700 square feet
(4) $19,344 per single family residential unit greater than 2,700 square feet (2) $7,816 per multi -family residential unit
(3) $2.33 per square foot of an industrial project
(4) $7.72 per square foot of a retail commercial project (5) $4.89 per square foot of a service commercial project (6) $2.45 per square foot of a service Class A and B Office SECTION 3. Adoption of 2024 Nexus Study. The City Council hereby adopts the 2024 Nexus Study and its findings. The 2024 Nexus Study is attached and incorporated herein as Exhibit "B."
SECTION 4. CEQA Findings. The City Council hereby finds that in accordance with the California Environmental Quality Act ("CEQA") and the CEQA Guidelines the adoption of this Resolution is exempt from CEQA pursuant to Section 15061(b)(3).
SECTION 5. Effective Date. This Resolution take effect sixty (60) days after its adoption.
MOVED, PASSED AND ADOPTED this 17th day of December, 2024.
AYES:
NOES:
ABSTAIN:
ABSENT:
By:
David Fenn, Mayor, City of Beaumont
ATTEST:
Nicole Wheelwright
DEPUTY CITY CLERK
By:
WRCOG ,
TRANSPORTATION UNIFORM MITIGATION FEE
NEXUS STUDY
2024 UPDATE
FINAL REPORT
Prepared for the Western Riverside Council of Governments In Cooperation with
The City of Banning
The City of Beaumont
The City of Calimesa
The City of Canyon Lake
The City of Corona
The City of Eastvale
The City of Hemet
The City of Jurupa Valley
The City of Lake Elsinore
The City of Menifee
The City of Moreno Valley
The City of Murrieta
The City of Norco
The City of Perris
The City of Riverside
The City of San Jacinto
The City of Temecula
The City of Wildomar
The County of Riverside
Eastern Municipal Water District
March Joint Powers Authority
Riverside County Superintendent of Schools
Riverside Transit Agency
Western Water
Prepared by GHD
As adopted by the WRCOG Executive Committee, September 9, 2024 Western Riverside
Council of Governments
TABLE OF CONTENTS
TABLE OF CONTENTS .i
LIST OF TABLES ii
ES.0 Executive Summary iii
ES.1 Introduction and Purpose of the Nexus Study iii
ES.2 Future Growth .vi
ES.3 Need for the TUMF vi
ES.4 The TUMF Network viii
ES.5 TUMF Nexus Analysis .x
ES.6 Fair -Share Fee Calculation x
ES.7 Conclusions . xi
1.0 INTRODUCTION AND PURPOSE OF THE NEXUS STUDY 1
1.1 Background 1
1.2 TUMF Nexus Study History 3
1.3 TUMF Nexus Study Process 5
2.3.1. Establish the TUMF Network Project List 7
2.3.2. Determine the TUMF Network Project Costs 8
2.3.3. Determine the TUMF Transit Component 9
2.3.4. Computing the Fee for Residential Developments 10
2.3.5. Computing the Fee for Non -Residential Developments 10
2.0 FUTURE GROWTH 13
2.1 Recent Historical Trend 13
2.2 Available Demographic Data 13
2.3 Demographic Assumptions Used for the Nexus Study Analysis 14
3.0 NEED FOR THE TUMF 21
3.1 Future Highway Congestion Levels 21
3.2 Future Transit Utilization Levels 24
3.3 The TUMF Concept 25
4.0 THE TUMF NETWORK 27
4.1 Identification of the TUMF Roadway Network 27
4.2 Backbone Network and Secondary Network 30
4.3 Future Roadway Transportation Needs 33
4.4 Public Transportation Component of the TUMF System 37
4.5 Existing Obligated Funding 40
4.6 Unfunded Existing Improvement Needs 40
4.7 Maximum TUMF Eligible Cost 42
4.8 TUMF Network Evaluation 53
5.0 TUMF NEXUS ANALYSIS 55
5.1 Future Development and the Need for Improvements 55
5.2 Application of Fee to System Components 56
5.3 Application of Fee to Residential and Non -Residential Developments 59
6.0 FAIR -SHARE FEE CALCULATION 60
6.1 Residential Fees 60
6.2 Non -Residential Fees 62
7.0 CONCLUSIONS 64
8.0 APPENDICES 65
WRCOG 1 Adopted by WRCOG Executive Committee
TUMF Nexus Study - 2024 Program Update September 9, 2024
LIST OF TABLES
Table ES.1 - Transportation Uniform Mitigation Fee for Western Riverside County xii Table 2.1 - Base Year Socioeconomic Estimates for Western Riverside County 14 Table 2.3 - Population, Households and Employment in Western Riverside County (2018 to 2045) 17
Table 2.4 - Population, Households and Employment in Western Riverside County (Existing to Future Change Comparison) 19
Table 3.1 - Regional Highway System Measures of Performance (2018 Existing to 2045 No -Build) 22
Table 4.1 - Unit Costs for Arterial Highway and Street Construction 35 Table 4.2 - Forecasted Daily Traffic in Western Riverside County 36 Table 4.3 - Unit Costs for Transit Capital Expenditures 39 Table 4.4 - TUMF Network Cost Estimates 45
Table 4.5 - TUMF Transit Cost Estimates 53
Table 4.6 - Regional Highway System Measures of Performance (2018 Existing and 2045 No -Build Scenarios to 2045 TUMF Build Scenario) 54
Table 5.1 - 2045 No -Build Peak Period Vehicle Trips by WRCOG Zone 57 Table 5.2 - 2045 No -Build Percent Peak Period Vehicle Trips By WRCOG Zone 57 Table 5.3 - Backbone -Secondary Network Share Calculation 58 Table 5.4 - Daily VMT Growth by Trip Purpose for Western Riverside County (2018 - 2045) 59 Table 6.1 - Fee Calculation for Residential Share 61 Table 6.2 - Single -Family Residential Fee Adjustments by Unit Size 62 Table 6.3 - Fee Calculation for Non -Residential Share 63 Table 7.1 - Transportation Uniform Mitigation Fee for Western Riverside County 64
LIST OF FIGURES
Figure ES.1 - Flowchart of Key Steps in the TUMF Nexus Study Process v Figure ES.2 - Population, Households and Employment in Western Riverside County (2018 to 2045) vii
Figure ES.3 - Regional System of Highways and Arterials-TUMF Network Improvements...ix Figure 1 .1 - Flowchart of Key Steps in the TUMF Nexus Study Process 6 Figure 2.1 - Base Year Socioeconomic Estimates for Western Riverside County 15 Table 2.2 - Horizon Year Socioeconomic Estimates for Western Riverside County 16 Figure 2.2 - Horizon Year Socioeconomic Estimates for Western Riverside County 16 Figure 2.3 - Population, Households and Employment in Western Riverside County (2018 to 2045) 18
Figure 2.4 - Population, Households and Employment in Western Riverside County (Existing to Future Change Comparison) 20
Figure 4.1 - Regional System of Highways and Arterials for Western Riverside County 29 Figure 4.2 - The Backbone Network of Highways and Arterials for Western Riverside County 31
Figure 4.3 - Western Riverside County Area Planning Districts (TUMF Zones) 32 Figure 4.4 - Regional System of Highways and Arterials-TUMF Network Improvements 44 WRCOG 11 Adopted by WRCOG Executive Committee
TUMF Nexus Study - 2024 Program Update September 9, 2024
ES.O EXECUTIVE SUMMARY
ES.1 Introduction and Purpose of the Nexus Study
Western Riverside County includes 18 incorporated cities and the unincorporated county covering an area of approximately 2,100 square miles. Through the mid 2000's, this portion of Riverside County was growing at a pace exceeding the capacity of existing financial resources to meet increasing demand for transportation infrastructure.
Although the economic recession of the late 2000's, and the associated crises in the mortgage and housing industries, slowed this rate of growth, the regional economy has recovered and the projected rate of development in Western Riverside County remains high. Similarly, the impact of the COVID-19 pandemic on travel demand in the region has also passed, with travel demands, especially for the highway network, surpassing pre -pandemic levels. Continued high growth in households and jobs in Western Riverside County could significantly increase congestion and degrade mobility if substantial investments are not made in transportation infrastructure. This challenge is especially critical for arterial roadways of regional significance, since traditional sources of transportation funding (such as the gasoline tax and local general funds) will not be nearly sufficient to fund the needed improvements.
In February 1999, the cities of Temecula, Murrieta and Lake Elsinore, the Western Riverside Council of Governments (WRCOG), the Riverside County Transportation Commission (RCTC) and the Building Industry Association (BIA) met to discuss the concept of a Transportation Uniform Mitigation Fee (TUMF) for southwest Riverside County. In August 2000, the concept was expanded to include the entire WRCOG sub- region.
Continued high growth in households and jobs in Western Riverside County could significantly increase congestion and degrade mobility if substantial investments are not made in transportation infrastructure. This challenge is especially critical for arterial roadways of regional significance, since traditional sources of transportation funding (such as the gasoline tax and local general funds) will not be nearly sufficient to fund the needed improvements. While the TUMF cannot fund all necessary transportation system improvements, it is intended to address a current transportation funding shortfall by establishing a new revenue source that ensures future new development will contribute toward addressing its indirect cumulative traffic impacts on regional transportation infrastructure. Funding accumulated through the TUMF Program will be used to construct transportation improvements such as new arterial highway lanes, reconfigured freeway interchanges, railroad grade separations and new regional express bus services that will be needed to accommodate future travel demand in Western Riverside County. By levying a fee on new developments in the region, local agencies will be establishing a mechanism by which developers and in turn new county residents and employees will effectively contribute their "fair share" toward sustaining the regional transportation system.
WRCOG iii Adopted by WRCOG Executive Committee
TUMF Nexus Study - 2024 Program Update September 9, 2024
This TUMF Draft Nexus Study is intended to satisfy the requirements of California Government Code Chapter 5 Section 66000-66008 Fees for Development Projects (also known as California Assembly Bill 1600 (AB 1600) or the Mitigation Fee Act) which governs imposing development impact fees in California. The initial WRCOG TUMF Nexus Study was completed in October 2002 and adopted by the WRCOG Executive Committee in November 2002. The results of the first review of the Program were documented in the TUMF Nexus Study 2005 Update adopted by the WRCOG Executive Committee on February 6, 2006. A second comprehensive review of the TUMF Program was adopted by the WRCOG Executive Committee on October 5, 2009. A third comprehensive review of the TUMF Program was conducted following the adoption of the Southern California Association of Governments (SCAG) 2016-2040 Regional Transportation Plan/ Sustainable Communities Strategy (2016 RTP/SCS) on April 7, 2016.
The WRCOG TUMF Nexus Study 2016 Update Report was adopted by the WRCOG Executive Committee on July 10, 2017.
On September 3, 2020, SCAG adopted Connect SoCal; The 2020-2045 Regional Transportation Plan/Sustainable Communities Strategy of the Southern California Association of Governments (2020 RTP/SCS). The adoption of the 2020 RTP/SCS confirmed new growth forecasts for the region that provide a foundational element for updating the TUMF program and the associated nexus determination prompting WRCOG to initiate the current program update. These forecasts are also integrated into the Riverside County Transportation Analysis Model (RivCoM) used to forecast the cumulative regional traffic impacts of new development on the arterial highway network in Western Riverside County.
The overall process for establishing the TUMF nexus is illustrated in Figure ES.]. Each technical step is denoted with a number on the flow chart with the numbers correlating to the detailed description of each step provided in Section 1.3 of the Nexus Study Report. The flow chart also incorporates color coding of the steps to indicate those steps that involved the application of RivCoM, steps that utilized other input data, steps that are computations of various inputs, and steps that required specific actions of the various WRCOG committees to confirm major variables. Where appropriate, the flow chart also includes specific cross references to the sections or tables included in the Nexus Study document that correlate to the particular step.
This version of the WRCOG TUMF Nexus Study Report documents the results of the fourth comprehensive review of the TUMF Program. This version of the document also incorporates revisions in response to comments received during the formal review of the earlier Draft TUMF Nexus Study 2024 Update. The findings of this report were ultimately adopted by the WRCOG Executive Committee on September 9, 2024.
WRCOG iv Adopted by WRCOG Executive Committee
TUMF Nexus Study - 2024 Program Update September 9, 2024
Figure ES.1 - Flowchart of Key Steps in the TUMF Nexus Study Process TUMF Road Project List
SCAG Data on
2018 Housing &
Employment
RivCoM 2018
Baseline Model
Run A
RivCoM 2021
Existing Road
Network
Existing Capacity
Deficiencies
f4 _
SCAG Forecast
for 2045 Housing
& Employment
RivCoM 2045
No -Build
Model Run
TUMF LOS
Target
Future Capacity
Deficiencies
Capacity Deficiencies Attributable
to New Development
4ilip _ Estimated Costs
of TUMF Projects
TUMF Road]
List J
TUMF Road Project Cost Estimates
TUMF Design
Standards by
Facility Type
Updated TUMF
Unit Costs for ROW
& Construction
r Cost per Mile by
TUMF Project Type
(Table 4.1)
Residential Fee Calculation
(Table 6.1 & Appendix K)
SCAG Forecast
Growth in SFD, MFD
(Table 2.3)
Funds Available
from Other (non-
TUMF) Sources
ITE
Trip -Gen Rates
(11th Edition)
® Growth in Trips
for SFD & MFD
Road Project
Costs Attributable to
New Development
Project Costs to
be Covered by
New Development
RivCoM
5 Trip
Purposes
RTA Transit Ridership
2023 Actual Average
Weekday Daily Ridership
TUMF Transit Component
SCAG 2020 RTP/SCS Model
2045 Forecast Average
Weekday Daily Ridership
% Attributed
to New
Development
Transit Costs
Attributable to
New Development
!_HBW, HBS,of
HBO
(% (% of VMT
Growth)
Share of Project
Costs Attributable
to SFD & MFD
Fee per DU
CW(% of OBO
(% of VMT
Growth)
7 Share of Pro ect
Costs Attributable
to Retail Service,
Industrial, &
Public Sectors
Y
Fee per SF
TUMF Nexus Study and
Schedule of Fees
Adjustments per
Fee Calculation Handbook
(Applicable to some project types)
Adjusted Fee
per Unit
ITE Trip -Gen Rates by
Individual Land Use Code
(11th edition)
°AveragTrip-Gen
Rates by Sector
(Table L 4)
7Adjusted Average
Trip -Gen Rates by
Sector (Table L-3)
4 _
RTA Transit Project List
O TUMF Transit
Project List
•
1 Updated Transit
Unit Cost
(Table 4.3)
Cost Estimate for
Transit Improvements
Non -Residential Fee Calculation
(Table 6.2 &Appendix L)
ITE Percent
Pass -By Trips
(Table L-4)
4 4
tr SCAG Forecast
Growth in Employees
by Sector
(Tables 2.3 & L-2)
Riverside & SB (1990)
SCAG Study (2001)
OCTAStudy (2001)
Riverside County
General Plan (2015)
7,,
Assumed Ratio of
Employees/TSF
(Table L-1)
Growth in TSF for
Retail Service, Industrial,
& Public Sectors
Growth in Trips for
Retail, Service, Industrial,
& Public Sectors
KEY
i® Reference to Description in Text
Other Inputs
RivCoM
Computations
Items for
Adoption
WRCOG
v Adopted by WRCOG Executive Committee
TUMF Nexus Study - 2024 Program Update September 9, 2024
ES.2 Future Growth
In preparation for the 2020 RTP/SCS, SCAG undertook robust stakeholder engagement, including participation by WRCOG, Riverside County and the various cities in Western Riverside County, to develop regional demographic forecasts. Using input from regional stakeholders regarding anticipated patterns and rates of development, SCAG compiled and disseminated the forecasts that were ultimately adopted in 2020. The SCAG forecasts adopted for the 2020 RTP/SCS were subsequently used as the basis for RivCoM and are used as the basis for this TUMF Nexus Study Update.
A major distinction between data used for the TUMF Nexus Study 2016 Update and the SCAG 2020 RTP/SCS data used for this 2024 Update is the change in the base year from 2012 to 2018, as well as the change in the horizon year from 2040 to 2045. This shift in the base year and horizon year demographic assumptions of the program carries through all aspects of the nexus analysis, including the travel demand forecasting, network review and fee calculation.
The population of Western Riverside County is projected to increase by 33% in the period between 2018 and 2045. During the same period, employment in Western Riverside County is anticipated to grow by 48%. Figure ES.2 illustrates the forecast growth in population, household and employment for Western Riverside County.
ES.3 Need for the TUMF
The WRCOG TUMF study area was extracted from the greater RivCoM model network for the purpose of calculating measures for Western Riverside County only. Peak period performance measures for the TUMF study area included total vehicle miles of travel (VMT), total vehicle hours of travel (VHT), total combined vehicle hours of delay (VHD), and total VMT experiencing unacceptable level of service (LOS E).
As a result of the new development and associated growth in population and employment in Western Riverside County, additional pressure will be placed on the transportation infrastructure, particularly the arterial roadways, with the peak period VMT on the TUMF Network estimated to increase by 38% between 2018 and 2045. By 2045, 37% of the total VMT on the TUMF Network is forecast to be traveling on facilities experiencing peak period LOS E or worse. Without improvements to the arterial highway system, the total vehicle hours of delay (VHD) experienced by area motorists on the TUMF Network will increase over 5.0% per year. The need to improve these roadways and relieve future congestion is therefore directly linked to the future development which generates the travel demand.
WRCOG vi Adopted by WRCOG Executive Committee
TUMF Nexus Study - 2024 Program Update September 9, 2024