FISCAL YEAR 2022-2023
Amount of Traffic Impact Fee $235
Beginning Fund Balance July 1, 2022 $5,657,766
1. Revenues
Traffic Impact Fees $601,330
Investment Earnings 98,890
(38,513)
Misc / Other Reimbursement $7,167
Revenue Subtotal $668,873
2. Expenditures $485,738
Percent of
project funded by
TIF in FY 22-23
Newport Boulevard Improvements (19th to 17th) $52,280 FY 22-23 11.1% Fairview Road Improvement Project $17,900 FY 22-23 1.5% Bicycle Racks Citywide $28,187 FY 22-23 11.3%
Class II and III Bicycle Projects $82,152 FY 22-23 8.1% Bicycle/ Pedestrian Infrastructure Improvement $1,976 FY 22-23 0.4% Adams at Pinecreek Intersection Improvements $25,056 FY 22-23 3.0% Baker/ Placentia/ 19th/ Victoria TSSP $138,620 FY 22-23 6.3% Randolph Ave Parking and Pedestrian Improvement $124,208 FY 22-23 29.5% West 18th & Wilson Crosswalks $15,359 FY 22-23 3.8%
3. Refunds $0
Amount of funds expended or
uncommitted after 5 years $0
4. Administrative Costs $0
5. Fund Balance as of June 30, 2023 $5,840,901
6. Project Appropriations $4,723,308
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 West 18th & Wilson Crosswalks
Fairview Road Improvement Project
West 19th Wallace Ave Traffic Signal
Adams Ave Bicycle Facility Project
CITY OF COSTA MESA
CITYWIDE TRAFFIC IMPACT FEE ACCOUNT
Fund Balance as of June 30, 2023
GASB 31 Fair Market Value adjustment on Investment
ATTACHMENT 6