Pleasant Valley Recreation and Park District
Mitigation Fee – Annual Report
Fiscal Year Ending June 30, 2024
Government Code Section 66006 provides that a local agency that requires the payment of development fees shall prepare an annual and five-year report detailing the status of those fees.
The annual report must be made available to the public within 180 days from the end of the fiscal year. The Board of Directors must review the report at the next regularly scheduled public meeting that falls at least fifteen (15) days after the information is made available to the public.
Pursuant to Government Code Section 66006(b)(1) the following information must be made available to the public:
1. Provide a brief description of the type of fee in the account or fund.
Park Impact Fee: The fees are used to mitigate or help pay for the construction or needed expansion of off - site Parks and Recreation facilities due to the impact of new development.
2. List the amount of the fee:
Park Impact Fee Schedule
Land Use Category Unit 1 Park Impact Fee
Single-Family Housing DU $7,944.85
Multi-Family Housing DU $5,590.86
Mobile Homes DU $4,921.87
Accessory Dwelling Unit See Note 2
Retail / Commercial BSQFT $0.40
Office BSQFT $0.63
Industrial BSQFT $0.27
Notes:
1 DU means dwelling unit; BSQFT means building square feet. 2 Pursuant to Govt. Code § 65852.2(f)(3)(A), the park impact fee for an accessory dwelling unit shall be imposed proportionately in relation to the square footage of the primary dwelling unit. Accessory dwelling units less than 750 square feet of living area are exempt.
3. List the beginning and ending balance of the account or fund:
Beginning balance as of 7/1/2023: $ 227,429.00 Ending balance as of 6/30/2024: $ 2,126,123.77
4. List the amount of the fees collected and the interest earned:
Fees Collected 7/1/2023 through 6/30/2024 $ 1,814,318.80 Interest Earned 7/1/2023 through 6/30/2024 $ 93,232.69
5. Provide an identification of each public improvement for 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 the fees.
District did not execute any new construction or improvement projects which would be covered by the collected fees.
6. Provide an identification of an approximate date by which the construction of the public improvements 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.
District did not execute any new construction or improvement projects which would be covered by the collected fees.
7. Provide a description of each interfund transfer or loan made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended and, in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan.
District did not perform any interfund transfers or issue any loans from this fund.
8. Provide the amount of any refunds made from surplus fees and the amount of any allocations made pursuant to subdivision (f) of Section 66001. Subdivision (f) of Section 66001 requires reallocation of surplus fees where the administrative costs of refunding the fees exceeds the amount to be refunded.
District did not refund any fees from this fund.