FISCAL YEAR 2021-2022
Amount of Traffic Impact Fee $235
Beginning Fund Balance July 1, 2021 $5,490,214
1. Revenues
Traffic Impact Fees
$437,943
Investment Earnings 53,938
(197,108)
Revenue Subtotal $294,773
2. Expenditures
$127,222
Percent of project
funded by TIF in
FY 21-22
Newport Boulevard Improvements (19th to 17th) $31,491 FY 21-22 6.7% Adams Avenue Bicycle Facility Project - Design $6,832 FY 21-22 5.2% Bicycle Racks Citywide $8,299 FY 21-22 4.0%
Class II and III Bicycle Projects $12,052 FY 21-22 1.2% Merrimac Way Active Transportation Improvements $16,837 FY 21-22 0.8% Adams at Pinecreek Intersection Improvements $3,831 FY 21-22 0.5% Baker/ Placentia/ 19th/ Victoria TSSP $15,373 FY 21-22 0.7% Randolph Ave Parking and Pedestrian Improvements $25,792 FY 21-22 17.4% West 18th & Wilson Crosswalks $9,325 FY 21-22 2.4%
East 17th St. Landscape Enhancement -$2,611 Adjustment
3. Refunds $0
Amount of funds expended or
uncommitted after 5 years
$0
4. Administrative Costs
$0
5. Fund Balance as of June 30, 2022
$5,657,766
6. Projects Current and Future Appropriations
$3,255,657
Newport Boulevard Improvements (19th to 17th)
Bicycle Racks Citywide
Class II and III Bicycle Projects
Adams at Pinecreek Intersection Improvements
Fairview Traffic Signal Synchronization
Bear Traffic Signal Synchronization
Mesa Del Mar Multimodal Access
Baker/ Placentia/ 19th/ Victoria TSSP
Bicycle/ Pedestrian Infrastructure Improvement
Mesa Drive / Santa Ana Ave Bicycle Facility Improvement Mesa Verde Drive East/ Peterson Place Class II Bicycle Facility Randolph Ave Parking and Pedestrian Improvement
West 18th & Wilson Crosswalks
Fairview Road Improvement Project
GASB 31 Fair Market Value adjustment on Investment
CITY OF COSTA MESA
CITYWIDE TRAFFIC IMPACT FEE ACCOUNT
Fund Balance as of June 30, 2022
Attachment 6