(A) A brief description of the type of fee in the account or fund. (B) The amount of the fee.
Project Fee
Single Unit
$7,636 per dwelling
unit
Multi-Unit
$3,394 per dwelling
unit
ADU
$3,818 per dwelling
unit
Lodging $3,618 per hotel room
Retail/Service $14.92 per sq. ft.
Office/Institutional $13.25 per sq. ft.
Movie Studio
(Active Production) $9.94 per sq. Ft.
Light Industrial $4.44 per sq. ft.
Warehousing, Self
Storage $1.54 per sq. Ft
Movie Studio
(Passive
Production) $4.44 per square foot
Medial Office $21.15 per sq. foot
Private
School/College
(for Profit) $629 per student
(C) The beginning and ending balance of the account or fund and (D) The amount of the fees collected and the interest earned.
FISCAL YEAR
BEGINNING FUND
BALANCE FEES COLLECTED INTEREST EARNED EXPENDITURES
ENDING FUND
BALANCE
FY 2023-24 399,052$ 2,484,387 12,857 - 2,896,296$ City of Culver City
Development Impact Fees Report Pursuant to the Mitigation Fee Act Fiscal Year Ended June 30, 2024
Mobility Improvement 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 provide a method for new development projects to pay their fair share towards the funding of the City's identified mobility infrastructure and programs, intended to reduce vehicle miles traveled and needed to support projected jobs and housing growth.
Culver City Municipal Code #15.06.500 Mobility Improvement Fees. This fee was adopted June 2021 and became effective August 2021.
Funds are accounted for in a separate Mobility Improvement Fund #437.
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. 1 of 2
City of Culver City
Development Impact Fees Report Pursuant to the Mitigation Fee Act Fiscal Year Ended June 30, 2024
Mobility Improvement Fee
No refunds were made during this reporting period.
(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
(H) The amount of refunds made pursuant to subdivision (e) of Section 66001 and any allocation pursuant to subdivision (f) of Section 66001.
Project Name
N/A; fee adopted June 2021 and became
effective August 2021. Five-year finding is
due August 2026 and will be included in FY
2026-27 report
For the purpose of compliance with Government Code subsection 66001(d), the following information regarding AB 1600 fees is presented:
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:
N/A; fee adopted June 2021 and became effective August 2021. The first five-year finding will be included in FY 2026-27 report.
N/A; fee adopted June 2021 and became effective August 2021. The first five-year finding will be included in FY 2026-27 report. (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.
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.
No expenditures were incurred during this reporting period.
The City is in the process of identifying eligible projects.
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.
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