(A) A brief description of the type of fee in the account or fund. (B) The amount of the fee.
Project Fee
n/a n/a
n/a n/a
n/a n/a
n/a n/a
n/a n/a
non-residential
construction or
additions
$5 per gross leasable
square foot
(C) The beginning and ending balance of the account or fund and (D) The amount of the fees collected and the interest earned.
FISCAL YEAR
BEGINNING FUND
BALANCE FEES COLLECTED INTEREST EARNED EXPENDITURES ENDING FUND BALANCE FY 2022-23 n/a n/a n/a n/a n/a
F) An approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement, as identified in paragraph (2) of subdivision (a) of Section 66001, and the public improvement remains incomplete.
City of Culver City
Development Impact Fees Report Pursuant to the Mitigation Fee Act Fiscal Year Ended June 30, 2023
Affordable Housing Linkage Fee
For the purpose of compliance with Government Code subsection 66006(b)(1), the following information regarding AB 1600 fees is presented:
For each separate account or fund established pursuant to subdivision (a), the local agency shall, within 180 days after the last day of each fiscal year, make available to the public the following information for the fiscal year:
The purpose of this fee is to facilitate the development and availability of affordable housing to a range of households with varying income levels within the City through creation and imposition of a fee on new commercial development, which will partially fund the need for affordable housing created by the workforce of this new commercial development.
Culver City Municial Code #15.06.600 Affordable Housing. The fee was established in January 2022. No revenues collected through June 2023.
Residential (dwelling unit)
Non-Residential (sq. ft.)
(E) 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. Note: The percentage will be reported upon completion of the project/s.
No expenditures were incurred during this reporting period.
No fees have been collected, so no public improvements are scheduled. 12/28/2023 3:48 PM 1 of 2
City of Culver City
Development Impact Fees Report Pursuant to the Mitigation Fee Act Fiscal Year Ended June 30, 2023
Affordable Housing Linkage Fee
No refunds were made during this reporting period.
No interfund transfers or loans were made during this reporting period. (G) 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.
(H) The amount of refunds made pursuant to subdivision (e) of Section 66001 and any allocation pursuant to subdivision (f) of Section 66001. 12/28/2023 3:48 PM 2 of 2