Cities Index.
2025-01-27_ATT1_FY 2023-24 New Development Impact Fee Report.pdf

City Council Meeting Agenda
January 27, 2025

Document
2025-01-27_ATT1_FY 2023-24 New Development Impact Fee Report.pdf
Meeting
January 27, 2025
Body
City Council Meeting Agenda
Original file
16 KB
Text extracted from the city's file for reading and search. Open the original on culver-city.legistar1.com. That file is the official record.

(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
construction of non-
residential
development
> 5,000 sq ft.
$1 per square foot, see
CCMC Section

15.06.020 for more
details.
(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 2023-24 962,086$ 165,766$ 27,292$ 781,780$ 373,364$ Project # - Name FY 2023-24
Expenditures
PS005 - Arterial Street Pavement Rehab 781,780$
781,780$
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.

TOTAL
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 provide a method for the financing of public works capital improvements made necessary by permitting new development for nonresidential use. Fees from each new development shall be appropriated and disbursed only for street improvements, traffic controls and traffic management projects which are made necessary by the development and are: (A) located within the area from which the fees were collected; or (B) located within the impact zone of the new development as determined pursuant to 15.06.040; or (C) Found pursuant to 15.06.045 to benefit the new development and mitigate its traffic impact.

Culver City Municipal Code Section #15.06.005 New Development Impact Fees. This fee was established in August of 1983. Funds are accounted for in a separate Community Development Fund #417.

City of Culver City
Development Impact Fees Report Pursuant to the Mitigation Fee Act Fiscal Year Ended June 30, 2024
New Development Impact Fee - All Areas (1, 2, and 3)
For the purpose of compliance with Government Code subsection 66006(b)(1), the following information regarding AB 1600 fees is presented:
1 of 2
City of Culver City
Development Impact Fees Report Pursuant to the Mitigation Fee Act Fiscal Year Ended June 30, 2024
New Development Impact Fee - All Areas (1, 2, and 3)
No refunds were made during the fiscal year.
(A) Identify the purpose to which the fee is to be put. (B) Demonstrate a reasonable relationship between the fee and the purpose for which it is charged Spending Plan
Funding Source -
Impact Fee
Funding Source -
Local Funds
Funding Source - Misc.

Grants

N/A N/A N/A N/A
Annual street pavement rehabilitation project that includes various residential streets and arterial streets: FY 2023-24 - Jefferson Blvd. and Centinela Blvd. rehabilitation.

Project Name
N/A; finding made in FY 2022-23 report.

Next five-year finding will be included in FY
2027-28 report
PZ554 - Minor Pavement & Concrete
Improvements
N/A; finding made in FY 2022-23 report. Next five-year finding will be included in FY 2027-28 report.

N/A; finding made in FY 2022-23 report. Next five-year finding will be included in FY 2027-28 report.

PZ599 - Neighborhood Traffic Mgmt.

Program (NTMP)
(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.

PZ546 - Pavement Management
Masterplan
(C) Identify all sources and amounts of funding anticipated to complete financing in incomplete improvements identified in paragraph (2) of subdivision (a); and (D) Identify the approximate date on which the funding referred to in item C is expected to be deposited in the appropriate account or fund.

Ongoing project. Funds for traffic engineering data collection, analysis, studies, and tools for the NTMP City Council adopted criteria. Funds will be used to purchase and install traffic data collection equipment, contract engineering consultant assistance, traffic studies, and other traffic mitigation measures.

Ongoing project. Pavement management masterplan that prioritizes street improvements on a triennial basis as recommended by the Pavement Management System (PMS) program. The last update to the PMS was completed in FY 2021-22.

Ongoing Project. Funds used for minor repairs of streets, alley asphalt and concrete throughout the City.

No loans made during the fiscal year.
(H) The amount of refunds made pursuant to subdivision (e) of Section 66001 and any allocation pursuant to subdivision (f) of Section 66001.

Every fifth year the local agency shall make all of the following findings with respect to that portion of the account or fund remaining unexpended, whether committed or uncommitted:

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.

Project Name
PS005 -Arterial Street Pavement Rehab
Project Description and Progress
2 of 2

← All documents from this meeting