20260113-cc-impact-fees-ab-1600 — Menlo Park City Council, January 13, 2026

City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 menlopark.gov City Council

REGULAR MEETING AGENDA
Date: 1/13/2026
Time: 6:00 p.m.

Location: Zoom.us/join – ID# 832 1285 7140
City Council Chambers
751 Laurel St., Menlo Park, CA 94025

EARLY STAFF REPORT RELEASE NOTICE
Pursuant to the requirements of the Mitigation Fee Act, the following staff report is being released 15-days in advance of the City Council meeting:

Transmittal of the annual report on the status of development impact fees and in-lieu fees collected as of June 30, 2025 (Staff Report #26-001-CC)
This notice is posted in accordance with Cal. Gov. Code §54954.2(a) or §54956. Members of the public can view electronic agendas and staff reports by accessing the city website at www.menlopark.gov/agendas and can receive notifications of agenda postings by subscribing at www.menlopark.gov/subscribe. Agendas and staff reports may also be obtained by contacting the City Clerk’s Office at 650-330-6620. (Posted 12/18/2025)
Administrative Services
City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 www.menlopark.gov

STAFF REPORT
City Council
Meeting Date: 1/13/2026
Staff Report Number: 26-001-CC
Consent Calendar: Transmittal of the annual report on the status of development impact fees and in-lieu fees collected
as of June 30, 2025
Recommendation
Staff recommends the City Council review the City’s Development Impact Fee Annual Report providing data on the revenues collected from the transportation impact, storm drainage impact, construction impact and water capacity fees. The recreation in-lieu fee, below market rate (BMR) housing in-lieu fee, heritage tree in-lieu fee and community amenity in-lieu payments are not impact fees under the Mitigation Fee Act but are required to be included in this report.

Policy Issues
This report does not change any existing City policy and affirms the City’s intention to continue to charge these impact fees to fund projects and programs that mitigate the impact of development in the City.

Background
Cities and counties often charge fees on new development to fund public improvements to mitigate the impact of development activity. These fees are commonly known as development impact fees. In 1989, the state Legislature passed Assembly Bill 1600 (AB 1600), which added section 66000 et seq. to the California Government Code, commonly known as the Mitigation Fee Act. The City has implemented several in-lieu fees to address development impacts and support community needs. The recreation in-lieu fee, in place since before 1989, funds park and recreation improvements as an alternative to land dedication. The 1987 BMR housing program provides affordable housing for very low, low, and moderateincome households, allowing in-lieu payments in lieu of units. The heritage tree fee, effective July 2020, funds tree preservation and replacement when on-site planting isn’t possible. Under the 2016 General Plan, bonus-level development in certain zones must provide community amenities or make an in-lieu payment to address increased development impacts.

Annual findings
As required by Government Code section 66006 (Attachment A), fees should be separated from the General Fund and recorded in various funds and accounts. Within 180 days after the last day of each fiscal year and for each separate account or fund, the City is required to make available to the public the following findings:
• A brief description of the type of fee in each account or fund. • The amount of the fee.

Staff Report #: 26-001-CC
City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 www.menlopark.gov • The beginning and ending balance of the account or fund. • The amount of fees collected and interest earned.
• Identification of each public improvement on which impact 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.
• Identification of the approximate date by which construction of a public improvement would commence if the local agency determined that sufficient funds have been collected to complete financing on an incomplete public improvement.
– Identification of each public improvement identified in a previous report and whether construction began on the approximate date noted in the previous report. – For a project identified for which construction did not commence by the approximate date provided in the previous report, the reason for the delay and a revised approximate date that construction will commence.
• 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.
• The amount of refunds made, the number of people or entities identified to receive those refunds, and any allocations as identified in the five-year findings section below.

Five-year findings
As required by Government Code section 66001 (Attachment B), every five years the City should review the unexpended fees, whether encumbered to a specific project or remaining unencumbered, and determine the following findings:
• Identify the purpose to which the fee is to be put.
• Demonstrate a reasonable relationship between the fee and the purpose for which it is charged. • Identify all sources and amounts of funding anticipated to complete financing in incomplete improvements.
• Designate the approximate dates on which the funding is expected to be deposited into the appropriate account or fund.

Failure to determine and document whether these findings are still applicable, as required by section 66001, may require the City to initiate a refunding process for any unexpended fees.

Capacity fee findings
As required by Government Code section 66013 (Attachment C), the City is required to make available to the public, within 180 days after the last day of each fiscal year, the following information for that fiscal year:
• A description of the charges deposited in the fund.
• The beginning and ending balance of the fund and the interest earned from investment of moneys in the fund.
• The amount of charges collected in that fiscal year.
• An identification of all of the following:
– Each public improvement on which charges were expended and the amount of the expenditure for Staff Report #: 26-001-CC
City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 www.menlopark.gov each improvement, including the percentage of the total cost of the public improvement that was funded with those charges if more than one source of funding was used. – Each public improvement on which charges were expended that was completed during that fiscal year.
– Each public improvement that is anticipated to be undertaken in the following fiscal year. • A description of each interfund transfer or loan made from the capital facilities fund. The information provided, in the case of an interfund transfer, shall identify the public improvements on which the transferred moneys are, or will be, expended. The information, in the case of an interfund loan, shall include the date on which the loan will be repaid, and the rate of interest that the fund will receive on the loan.

Timeline for report
The annual findings should be made available to the public at the next regularly scheduled City Council meeting, not less than 15 days after the information is made available to the public. This report was filed with the city clerk and available for public review on Dec. 19, 2025.

Analysis
Transportation impact fees
Growth and development has placed increased pressure on the City’s transportation system. The purpose of the transportation impact fee is to provide adequate transportation improvements to serve cumulative development within the city; however, the fee does not replace the need for site-specific transportation improvements that may be needed to mitigate the impact of specific projects upon the City’s transportation system. There is a reasonable relationship between the amount of the fee and the purpose for which it is charged because the fee represents the City’s proportionate costs of constructing transportation improvements to serve new development and the fee revenues will be used for the purpose of constructing transportation projects that will serve new development.

The transportation impact fee methodology was put in place effective Dec. 6, 2009, with the addition of section 13.26 to the municipal code. In 2019, the City prepared an updated transportation impact fee nexus study which demonstrates the reasonable relationship between the amount of the fees and the purpose for which they are charged. The current fee program became effective in February 2020 and is adjusted annually according to the Engineering News Record (ENR) construction cost index. Current fees are listed below in Table 1:

Staff Report #: 26-001-CC
City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 www.menlopark.gov Table 1: Transportation impact fee
Land use Unit 2025 fee amount*
Office Sq. ft. $21.91
Research and development Sq. ft. $9.33
Manufacturing Sq. ft. $12.77
Warehousing Sq. ft. $3.62
Restaurant Sq. ft. $12.77
Retail Sq. ft. $12.77
Single-family Dwelling
units $18,864.43
Multifamily Dwelling
units $6,358.18
Hotel Per room $11,432.98
Medical office Sq. ft. $65.94
Childcare Sq. ft. $0
Accessory dwelling unit Units $0
*As of June 2025, ENR Construction Cost Index % Change for San Francisco = 0.0 If land use is not one of the above, use this formula: $19,054.98 * Total PM Peak Hour Trips
For fiscal year 2024-25, the City received total revenue of $945,871 ($165,319 in fees, $269,327 in grant reimbursements, $277,476 in interest earnings, and $233,750 due to unrealized gain adjustment on investments). The grant reimbursements were for the Haven Avenue Streetscape Improvement and Middle Avenue Complete Streets Project expenditures, which the City paid for up front and applied for reimbursement from the grantor. The unrealized gain/loss on investments is an accounting requirement to reflect the fair market value of investments at year-end and does not represent a cash gain or loss, provided investments are held until maturity. For the same period, the City expended a total of $1,923,692 on projects eligible for funding under this revenue source. The ending balance as of June 30, 2025, is $9,562,004. Of this amount, all funds are available for use to meet current or planned projects eligible for this funding source.

The Haven Avenue Streetscape Improvements, Middle Avenue Complete Streets and El Camino Real (ECR) Crossings Improvements Projects were in construction in fiscal year 2024-25. Over the next five fiscal years, the City estimates it will need $52,067,536 of transportation impact fees to finance needed infrastructure projects. The City Council adopted the transportation master plan in November 2020, and staff has included new projects from the master plan in the future five-year capital improvement program.

As such, there exists a continued need for this fee. Details for transportation impact fees can be found in Attachment D.

Staff Report #: 26-001-CC
City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 www.menlopark.gov Storm drainage impact fees
The storm drainage impact fee commenced before 1989. The fee is levied to mitigate impacts on the storm drainage system either directly or indirectly resulting from development projects. The fee does not cover even a fraction of all the federally or regionally mandated stormwater permitting requirements imposed since 1990 under the National Pollutant Discharge Elimination System (NPDES) permits. There is a reasonable relationship between the fee and its use because the fee is calculated in proportion to a development’s impact on storm drain infrastructure, as measured by the number of lots, units or square footage, depending on the type of development. Storm drainage impact fees are charged for property development as shown in the master fee schedule:
• Single-family: per lot $450.00
• Multifamily: per unit $150.00
• Industrial and commercial: per square foot of impervious area $0.24 For fiscal year 2024-25, the City received total revenue of $19,071 ($10,650 in fees, $4,520 in interest earnings, and $3,901 due to unrealized gain adjustment on investments). The unrealized gain/loss on investments is an accounting requirement to reflect the fair market value of investments at year-end and does not represent a cash gain or loss, provided investments are held until maturity. For the same period, the City expended a total of $0 on projects eligible for funding under this revenue source. The ending balance as of June 30, 2025, is $186,410. Of this amount, all funds are available for use to meet planned projects eligible for this funding source.

The Trash Load Reduction Device Installation project began in fiscal year 2024-25. The City plans to use the remaining funds to partially support the storm drain improvements identified in the stormwater master plan adopted in October 2023, which identifies $12 million in improvements for the two-year storm system.

Currently, there still exists a continued need for this fee. Details for storm drainage impact fees can be found in Attachment E.

Construction impact fees
The construction impact fee took effect in November 2005 and was adopted to recover the cost of repairing damage to streets caused by construction-related vehicle traffic. On Aug. 5, 2008, the City Council adopted a resolution extending this fee beyond the three-year sunset provision initially established. There is a reasonable relationship between the fee and its use because the fee is calculated in proportion to a development’s impact on city rights-of-way, as measured by the market value of the project. The fee is charged on the value of the construction project as shown in the master fee schedule:
• 0.58% of a construction project’s value
• Residential alteration and repairs, as well as all projects under $10,000, are exempt from the fee For fiscal year 2024-25, the City received total revenue of $1,295,483 ($905,659 in fees, $209,073 in interest income and $180,751 in unrealized gain adjustment on investments). The unrealized gain/loss on investments is an accounting requirement to reflect the fair market value of investments at year-end and does not represent a cash gain or loss, provided investments are held until maturity. For the same period, the City expended a total of $1,484,667 on projects eligible for funding under this revenue source. The ending balance as of June 30, 2025, is $7,626,911. Of this amount, all funds are available for use to meet current or planned projects eligible for this funding source.

Staff Report #: 26-001-CC
City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 www.menlopark.gov During fiscal year 2024-25, the annual street resurfacing and maintenance project was completed. Over the next five fiscal years, the City estimates it will require $7.7 million from construction impact fees to finance needed infrastructure projects. As such, there exists a continued need for this fee. Details for construction impact fees can be found in Attachment F.

Water capacity fees
The purpose of the water capacity fee is to fund a proportionate share of the costs of existing and future water system facilities that are necessary to meet increases in water demand. The fee is established to fund costs of capital infrastructure for the City’s water system, proportionate to the increased demand generated by new development. The fees are published as part of the five-year water rate schedule that covers the period between July 1, 2021, through June 30, 2026. If a property proposes to upgrade an existing connection, a capacity credit is issued for the existing water meter size. The fees for 2025 are listed below in Table 3:

Table 3: Water capacity charges
Meter size 2025 fee
amount
5/8” $8,031
3/4" $8,031
1” $13,386
1-1/2” $26,771
2” $42,833
3” $85,668
4” $133,856
6” $267,712
8” $428,339
10” $615,737
12” $1,151,160
The City received $241,047 in water capacity fees during fiscal year 2024-25. For the same period, the City expended a total of $241,047 on projects eligible for funding under this revenue source. The ending balance as of June 30, 2025, is $5,180. Over the next five fiscal years, the City estimates it will continue to need water capacity fees to partially finance needed infrastructure projects. Details for the water capacity fees can be found in Attachment G. In fiscal year 2024-25, the City completed the following projects that were funded either wholly or partially by water capacity fees: Continental Drive water main replacement project.

Recreation in-lieu fees
The recreation in-lieu fee commenced before 1989. The purpose of the fee is to provide improved and expanded recreation facilities to serve new residential uses. The fee is assessed as an option for Staff Report #: 26-001-CC
City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 www.menlopark.gov residential developments in-lieu of providing dedication of land for new facilities. There is a reasonable relationship between the fee and its use because the fee is calculated in proportion to a development’s impact on parklands and recreational facilities, as measured by the number of units and the market value of the land. The fee is charged on new residential subdivisions as authorized under municipal code section

15.16.020 in accordance with the Quimby Act and summarized in the master fee schedule:
• Single-family (RE and R-1): $127,400 per unit
• Multifamily development (R-2, R-3, RLU and PD): $78,400 per unit For fiscal year 2024-25, the City received total revenue of $437,189 ($411,600 in fees, $15,385 in interest income and $10,204 due to unrealized gain adjustment on investments). The unrealized gain/loss on investments is an accounting requirement to reflect the fair market value of investments at year-end and does not represent a cash gain or loss, provided investments are held until maturity. For the same period, the City expended a total of $1,383,820 on projects eligible for funding under this revenue source. The ending balance as of June 30, 2025, is $140,122. Of this amount, all funds are available for use to meet current or planned projects eligible for this funding source.

The Belle Haven Community Campus, Park Playground Equipment replacement and the Willow Oaks Park improvements projects were constructed in fiscal year 2024-25. Over the next five fiscal years, the City’s total recreation infrastructure needs are expected to exceed $150,071; however, only $150,071 in funding is anticipated to come from recreation in-lieu fees. As such, there exists a continued need for this fee. Details for recreation in-lieu fees can be found in Attachment H.

BMR housing in-lieu fees
The BMR housing program was established in 1987 to increase the housing supply for households that have very low, low- and moderate-incomes as defined by income limits set by the California Department of Housing and Community Development for San Mateo County. The primary objective is to create actual housing units rather than equivalent cash. The BMR housing program is applicable to both residential and commercial development that meet certain criteria. There is a reasonable relationship between the fee and its use because the fee is generally equal to the cost of providing affordable housing units in-lieu of the units being provided by new development. The payment of an in-lieu fee is one way to meet the BMR requirements.

Residential developers are subject to the following requirements, but may be permitted to pay an in-lieu payment for a fractional unit in certain situations:
• Residential developments of five or more units are strongly encouraged to provide a BMR unit. • Residential developments of 10 to 19 units are required to provide 10% of the housing at BMRs. • Residential developments of 20 units or more are required to provide 15% of the housing at BMRs.

For new commercial developments equal to or greater than 10,000 square feet that generate employment opportunities, the commercial linkage fee for fiscal year 2024-25 was established as follows:
• Group A: $22.21 per square foot of net new gross floor area for most commercial uses. • Group B: $12.05 per square foot of net new gross floor area for defined uses that generate fewer employees.

For fiscal year 2024-25, the City received total revenue of $2,216,297, including $709,051 of in-lieu Staff Report #: 26-001-CC
City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 www.menlopark.gov payments collected. For the same period, the City expended a total of $5,663,097 on costs eligible for funding under this revenue source. The ending balance as of June 30, 2025, is $9,729,388 and is available to meet current or planned projects eligible for this funding source. The City Council has committed use of BMR funds over the past several years, primarily through the City’s notice of funding availability (NOFA) process that would reduce the available BMR fund balance once the funds are encumbered. Over the next five fiscal years, the City estimates it will need $13,196,335 from BMR housing fees. Currently, there still exists a continued need for this fee. It is anticipated that approved nonresidential development projects will make in-lieu payments in the next few years to help replenish the BMR housing fund to assist future affordable housing projects. Details for the BMR housing in-lieu fees can be found in Attachment I.

Heritage tree in-lieu fees
The heritage tree in-lieu fee commenced July 1, 2020. The City desires to protect and preserve the scenic beauty and natural environment, prevent erosion of topsoil and sedimentation in waterways, encourage quality development, provide shade and wildlife habitat, counteract pollutants in the air and decrease wind velocities and noise. The overall goal of the heritage tree ordinance is to ensure continued canopy cover is maintained or increased. The City prefers the planting of replacement trees on-site, but if the property does not have space to plant replacement trees, there is an option to pay an in-lieu fee. There is a reasonable relationship between the fee and its use because the fee is equal to the City’s costs to provide trees in-lieu of those trees being provided by the fee payor. The fee is based on the value of the tree container size as listed below in Table 2 and helps support maintaining and planting public trees.

Table 2: Heritage tree in-lieu fees
Replacement tree requirement In-lieu value
One #5 container $100
One #15 container $200
One 24-inch tree box $400
One 36-inch tree box $1,200
One 48-inch tree box $5,000
One 60-inch tree box $7,000
For fiscal year 2024-25, the City received total revenue of $124,431 ($85,234 in fees, $20,719 in interest income and $18,478 due to unrealized gain adjustment on investments). The unrealized gain/loss on investments is an accounting requirement to reflect the fair market value of investments at year-end and does not represent a cash gain or loss, provided investments are held until maturity. For the same period, the City expended a total of $0 on projects eligible for funding under this revenue source. The ending balance as of June 30, 2025, is $818,470. Of this amount, all funds are available for use to meet planned projects eligible for this funding source, including tree planting.

Development of the urban forest management plan began in fiscal year 2024-25. The request for proposal to create an urban forest management plan is tentatively scheduled to be released in fiscal year 2025-26.

The City plans to use the remaining funds to support improvements and planting priorities to be identified Staff Report #: 26-001-CC
City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 www.menlopark.gov in the urban forest management plan as it is developed and adopted. Currently, there exists a continued need for this fee to support these improvements as well as to help preserve and maintain a healthy urban canopy. Details for the heritage tree in-lieu fees can be found in Attachment J.

Community amenities in-lieu payments
As a part of the approval of the 2016 General Plan update, the City created the following zoning districts:

Office (O), Life Sciences (LS) and Residential Mixed-Use (R-MU.) Regulations for bonus level development and community amenities were established in these zoning districts. In exchange for bonus level development (increased floor area ratio, density (dwelling units per acre) and/or height), an applicant is required to provide community amenities from a City Council-adopted list of community amenities in the area between Highway 101 and the San Francisco Bay. The required community amenity value is 50% of the fair market value of the additional (bonus) gross floor area above the base allowable gross floor area for a parcel or project site. In lieu of providing and constructing a community amenity from the adopted list of community amenities, applicants may choose to provide a payment in the amount of 110% of the community amenities value. There is a reasonable relationship between the increased intensity and/or density of bonus level development and the increased effects on the surrounding community. There is also a reasonable relationship between the community amenities in-lieu payment and its use because the required community amenities in exchange for bonus level development are intended to address identified community needs that result from the effect of increased development in the surrounding community. The adopted community amenity list includes projects that exceed the current fund balance.

For fiscal year 2024-25, the City received total revenue of $6.7 million ($4.9 million in community amenity in-lieu payments, $957,984 in interest income and $871,202 due to unrealized gain adjustment on investments). The unrealized gain/loss on investments is an accounting requirement to reflect the fair market value of investments at year-end and does not represent a cash gain or loss, provided investments are held until maturity. For the same period, the City expended a total of $0 on projects eligible for funding under this revenue source. The ending balance as of June 30, 2025, is $37,139,185. Of this amount, all funds are available for use to meet planned projects eligible for this funding source. The City’s fiscal year 2025-26 adopted capital improvement plan identifies $1.3 million for park improvements in the Belle Haven neighborhood, which would be funded by the community amenities fund. In addition, it is planned that the City will require $35,739,185 in community amenity in-lieu payments to fund future projects.

Details for community amenities in-lieu payments can be found in Attachment K.

Impact on City Resources
There is no impact on City resources resulting from this annual report. This report meets the compliance requirements of the Mitigation Fee Act. The figures presented in the Development Impact Fee Annual Report are preliminary and unaudited and are therefore subject to change upon completion of the final audit and publication of the Annual Comprehensive Financial Report (ACFR).

Environmental Review
This action is not a project within the meaning of the California Environmental Quality Act (CEQA) Guidelines §§15378 and 15061(b)(3) as it will not result in any direct or indirect physical change in the environment.

Staff Report #: 26-001-CC
City of Menlo Park 701 Laurel St., Menlo Park, CA 94025 tel 650-330-6600 www.menlopark.gov Public Notice
Public notification to comply with the Mitigation Fee Act is achieved by posting the annual report at least 15 days before the meeting at which the City Council is anticipated to make required findings as outlined in the recommendation.

Attachments
A. Hyperlink – Government Code section 66006:
leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=66006.Tran sportation impact fee financial reporthttps
B. Hyperlink – Government Code section 66001:
leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=66001.

C. Hyperlink – Government Code section 66013:
leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=66013.

D. Transportation impact fee financial report
E. Storm drainage impact fee financial report
F. Construction impact fee financial report
G. Water capacity fee financial report
H. Recreation in-lieu fee financial report
I. BMR housing in-lieu fee financial report
J. Heritage tree in-lieu fee financial report
K. Community amenities fund financial report
Report prepared by:

Adrian Patino, Management Analyst II
Report reviewed by:

Jared Hansen, Finance and Budget Manager
Fenny Lei, Assistant Administrative Services Director
City of Menlo Park
Transportation Impact Fee (TIF) Financial Report (Fund 351) Transportation Impact Fees 2024-25
Beginning balance $ 10,539,825
Developer Fees 165,319
Grant reimbursement* 269,327
Interest income 277,476
Unrealized gain/(loss) on investment** 233,750
Expenditures (1,923,692)
Ending Balance $ 9,562,004
*Haven Avenue Streetscape Improvement (51 percent); Middle Avenue Complete Streets (49 percent) projects ***The figures presented in the AB1600 report are preliminary and unaudited, and are therefore subject to change upon completion of the final audit. 2024-25 Project Expenditures FY 24/25 TIF
expended Fee % share Construction
start date1
Haven Avenue Streetscape Improvement 39% 512,266 10/2023 Middle Avenue Caltrain Crossing Study Design and Construction 587,610 100% Tent. 2026 ECR Crossings Improvements 48,234 100% 08/2025
Transportation projects (minor)* - 100% Ongoing
Middle Avenue Complete Streets 156,858 47% 8/2023
Willow Rd & Newbridge St Bicycle and Pedestrian Improvement 618,724 100% Tent. 2027 Total $ 1,923,692
Future Projects Construction
start date1
TIF funding
2025-26
Other
funding
sources
2025-26 Funding source
TIF funding
2026-30
Total TIF
future needs
Caltrain Grade Separation Tent. 2028- On
Hold 2,000,000 SMCTA Grade Separation** 19,000,000 130,376 21,000,000 ECR Crossings Improvements* 08/2025 510,685 - Grant - 510,685 Middle Avenue Caltrain Crossing Study Design and Construction* Tent. 2026 7,307,439 - Grants 10,000,000 17,307,439 Middle Avenue Complete Streets* 8/2023 89,248 Grant 57,521 1,100,000 1,189,248 Santa Cruz and Sand Hill Corridor Safety 2027 73,000 Measure A 88,000 1,259,780 1,332,780 Sharon/Eastridge Oak/Oak Knoll Safety 08/2026 350,000 Measure A 180,000 350,000 700,000 Traffic Signal Modifications Ongoing 3,617,804 - Grants 1,500,000 5,117,804 Transportation Projects (minor) Ongoing 587,175 - Measure A, General Fund 800,000 1,387,175 Willow Rd & Newbridge St Bicycle and Pedestrian Improvement* Tent. 2027 1,872,405 - Grant 1,650,000 3,522,405 Total $ 16,407,756 $ 455,897 $ 35,659,780 $ 52,067,536 1 Construction start dates are shown as month and year of construction contract authorization for projects that have commenced construction. For future projects, the year construction is expected to commence is noted.
* Grant funding will be received as reimbursement, City pays for project up front with TIF funds ** Costs for next scope of work in development, SMCTA Grade Separation program will pay for 90% of Preliminary Engineering.

Collected Developer Payments 2024-25
2900 Sand Hill Rd 165,319
Total 165,319 $
There were no interfund loans nor interfund transfers from impact fee to other funds this year. No refunds have been paid out of this fund. **The unrealized gain/loss on investments is an accounting requirement to reflect the year-end fair market value of the fund's allocation of the City investment portfolio and does not represent a cash gain or loss, provided investments are held until maturity.

ATTACHMENT D
City of Menlo Park
Storm Drainage Impact Fee Financial Report (Fund 354)
Storm Drainage Impact Fees 2024-25
Beginning balance $ 167,339
Developer fees 10,650
Interest income 4,520
Unrealized gain/(loss) on investment* 3,901
Expenditures -
Ending Balance $ 186,410
**The figures presented in the AB1600 report are preliminary and unaudited, and are therefore subject to change upon completion of the final audit. 2024-25 Project Expenditures
FY 24/25
SDIF
expended
Fee % share
Construction
start date1
None -
Total $ -
Future Projects Construction
start date
SDIF funding
2025-26
Other future
funding sources Funding source
SDIF funding
2026-30
Total SDIF
future
needs
Two-year Storm System Capital Improvements (per
2023 Stormwater Master Plan) Tent 2026 - 11,500,000 General fund, grants 500,000 500,000 Total $ - $ 11,500,000 $ 500,000 500,000$
Collected Developer Payments 2024-25
795 Willow Rd 9,300
940 Altschul Ave 450
451 O'Connor St 450
801 Hermosa Way 450
Total $ 10,650
There were no interfund loans nor interfund transfers from impact fee to other funds this year. No refunds have been paid out of this fund. *The unrealized gain/loss on investments is an accounting requirement to reflect the year-end fair market value of the fund's allocation of the City investment portfolio and does not represent a cash gain or loss, provided investments are held until maturity. 1 Construction start dates are shown as month and year of construction contract authorization for projects that have commenced construction. For future projects, the year construction is expected to commence is noted.

ATTACHMENT E
City of Menlo Park
Construction Impact Fee Financial Report (Fund 362)
Construction Impact Fees 2024-25
Beginning balance $ 7,816,095
Developer Fees 905,659
Interest income 209,073
Unrealized gain/(loss) on investment* 180,751
Expenditures (1,484,667)
Ending balance $ 7,626,911
**The figures presented in the AB1600 report are preliminary and unaudited, and are therefore subject to change upon completion of the final audit. 2024-25 Project Expenditures FY 24/25 CIF
expended Fee % share Construction start
date1
Pavement Slurry Project Project - Marmona
Dr, East Creek Dr, May Brown Ave,
Valparaiso Ave 1,413,163 47%
7/2024
Street Maintenance 100% 7/2024 71,505
Total Expenditures: $ 100% 1,484,667
Future Projects Start date CIF funding
2025-26
Other
funding sources
2025-26
Funding
source
CIF funding
2026-30
Total CIF
future needs
Street Resurfacing 6/2025 2,100,000 4,669,800
Highway
users tax,
SB1 funds,
Measure W
7,700,000 5,600,000
Total 2,100,000 $ 4,669,800 $ $ 5,600,000 $ 7,700,000
Collected Developer Payments 2024-25
1140 Bay Laurel Dr 82,360
64 Willow Pl 57,334
2800 Sand Hill Rd 40,658
2550 Sand Hill Dr 38,448
2882 Sand Hill Rd 37,004
2900 Sand Hill Rd 33,640
8 Homewood Pl 32,161
1460 Bay Laurel Dr 30,160
2884 Sand Hill Rd 29,309
595 Hobart St 20,428
400 permits less than $20,300 each 504,158
Total 905,659 $
1 Construction start dates are shown as month and year of construction contract authorization for projects that have commenced construction. For future projects, the year construction is expected to commence is noted.

ATTACHMENT F
City of Menlo Park
Water Capacity Fee Financial Report (Fund 602)
Water Capacity Fees 2024-25
Beginning balance $ -
Capacity fees 241,047
Interest income 2,685
Unrealized gain/(loss) on investment* 2,495
Expenditures (241,047)
Ending Balance $ 5,180
**The figures presented in the AB1600 report are preliminary and unaudited, and are therefore subject to change upon completion of the final audit. 2024-25 Project Expenditures
FY 24/25
Capacity fee
expended
Fee % share Construction
start date Total Project Expense
Water Main Replacement - Continental Drive 241,047 16% 4/2024 1,541,431 Total $ 241,047
Future Projects Start date
Capacity fee
funding
2025-26
Other
funding sources
2025-26
Funding source
Capacity Fee
funding
2026-30
Water Main Replacement at Sand Hill Rd. and Monte
Rosa Dr. 6/2026 250,000 4,910,767 Menlo Park Municipal
Water Capital fund -
Total $ 250,000 $ 4,910,767 $ -
Collected Developer Payments 2024-25
795 Willow Rd 150,696
811 Bay Rd 18,741
1049 Woodland Ave 18,740
127 Laurel Ave 18,740
1025 Oakland Ave 5,355
167 Mckendry Dr 5,355
225 Lexington Dr 5,355
341 Terminal Ave 5,355
711 Central Ave 5,355
955 Monte Rosa Dr 5,355
415 Ivy Dr 2,000
Total $ 241,047
There were no interfund loans nor interfund transfers from impact fee to other funds this year. No refunds have been paid out of this fund. 1 Construction start dates are shown as month and year of construction contract authorization for projects that have commenced construction. *The unrealized gain/loss on investments is an accounting requirement to reflect the year-end fair market value of the fund's allocation of the City investment portfolio and does not represent a cash gain or loss, provided investments are held until maturity.

ATTACHMENT G
Total
capacity fee
future
needs
250,000
$ 250,000
City of Menlo Park
Recreation In-Lieu Fee Financial Report (Fund 256)
Recreation In-Lieu Fees 2024-25
Beginning balance $ 1,086,753
Developer Fees 411,600
Interest income 15,385
Unrealized gain/(loss) on investment* 10,204
Expenditures (1,383,820)
Ending balance $ 140,122
**The figures presented in the AB1600 report are preliminary and unaudited, and are therefore subject to change upon completion of the final audit. 2024-25 Project Expenditures FY 24/25 RIL
expended Fee % share
Construction
start date1
Belle Haven Community Campus2 1,228,567 31% 2021
Park Playground Equipment - Willow Oaks 129,117 100% 2023 Willow Oaks Park Improvements 26,137 100% 2023
Total* $ 1,383,820 100%
*Rounded to the nearest dollar
Future Projects
Start date
RIL funding
2025-26
Other funding
sources
2025-26 Funding source
RIL funding
2026-30
Total RIL
future needs
Park Playground Equipment - Karl E Clark* Est. 2027 150,071 550,000 General Capital Improvements - 150,071 Total $ 150,071 $ 550,000 $ 150,071 - $
Collected Developer Payments 2024-25
451 O'Connor St 254,800
811 Bay Rd 156,800
940 Altschul Ave 127,400
Total 411,600 $
1 Construction start dates are shown as month and year of construction contract authorization for projects that have commenced construction. For future projects, the year construction is expected to commence is noted.

There were no interfund loans nor interfund transfers from impact fee to other funds this year. No refunds have been paid out of this fund.
*The unrealized gain/loss on investments is an accounting requirement to reflect the year-end fair market value of the fund's allocation of the City investment portfolio and does not represent a cash gain or loss, provided investments are held until maturity. *Based on the 2015 Playground Safety Report, the next 3 playgrounds to be replaced are Karl E Clark Park, Sharon Park, and Jack Lyle Park.
2 The Belle Haven Community Campus was funded by multiple funding sources

ATTACHMENT H
City of Menlo Park
Below Market Rate (BMR) Housing In-Lieu Fee 2024-25
Beginning balance $ 13,176,189
BMR Fees collected per City Ordinance 709,051
Interest Income 1,101,353
Unrealized gain/(loss) on investment* 390,954
Rental Income 14,938
Proceeds from the Sale of Assets -
Expenditures (5,663,097)
Ending balance $ 9,729,388
**The figures presented in the AB1600 report are preliminary and unaudited, and are therefore subject to change upon completion of the final audit. 2024-25 Project Expenditures FY 24/25 BMR
expended Fee % share Construction start
date1
BMR Housing program - Administrative Costs 100% N/A 493,298 Rebuilding Together Peninsula Rehab Program 69,754 100% N/A Homeownership Preservation Program 126,633 100% N/A
335 Pierce Road 2,973,411 100% N/A
MidPen Housing Veteran Housing 2,000,000 100% N/A
Total 5,663,097 $ 1 Construction start dates are shown as month and year of construction contract authorization for projects that have commenced construction. For future projects, the year construction is expected to commence is noted.

Future Projects Start date BMR funding
2025-26
Other funding
sources 2025-26
Funding
source
BMR 2026-30
funding Total
2026 NOFA Issuance TBD 4,000,000 4,000,000
320 Sheridan Dr 1/2026 1,000,000 - 1,000,000
335 Pierce Road (Committed*) FY24-25 626,589 - - 626,589 509 Sandlewood TBD 300,000 300,000
975 Florence TBD - - 408,949 408,949
BMR Housing program - Administrative Costs Annual 600,000 - 2,524,000 3,124,000 Habitat for Humanity Homeownership (123 Independence) FY24-25 2,000,000 - - 2,000,000 Homeownership Preservation Program (Committed*) 5/2023 1,073,367 - - 1,073,367 Legal Assistance Program - MTC Grant Commitment TBD 300,000 300,000 Rebuilding Together Peninsula Rehab Program (Committed*) 11/2023 63,431 - - 63,431 Rental Assistance Program - MTC Grant Commitment TBD 300,000 300,000 Total $ 9,663,386 $ - $ 3,532,949 $ 13,196,335
Collected Developer Payments 2024-25
305 Constitution Dr 709,051
Total 709,051 $
Below Market Rate (BMR) Housing In-Lieu Fee Financial Report (Fund 222) *Committed projects were approved by Council and funds are not available for any other use; however, these have not been fully expended.

ATTACHMENT I
City of Menlo Park
Heritage Tree In-Lieu Fee Financial Report (Fund 211)
Heritage Tree In-Lieu Fees 2024-25
Beginning balance $ 694,039
Fees 85,234
Interest Income 20,719
Unrealized gain/(loss) on investment* 18,478
Expenditures -
Ending Balance $ 818,470
**The figures presented in the AB1600 report are preliminary and unaudited, and are therefore subject to change upon completion of the final audit. 2024-25 Project Expenditures Total
expended Fee % share Construction
start date1
None -
Total $ -
Future Projects Start date HT funding
2025-26
Other funding
sources 2025-26
Funding
source
HT funding
2026-30 Total
Urban Forest Management Plan and Implementation 11/2025 250,000 250,000
Environmental
Justice
Program 320,000
820,000
Total $ 250,000 250,000 $ 320,000 $ 820,000$
Collected Developer Payments 2024-25
540 Glenwood Ave 21,500
1485 Laurel St 14,000
785 Partridge Ave 6,000
940 Altschul Ave 5,120
755 Oak Knoll Ln 5,000
291 Oakhurst Pl 4,254
1000 Hermosa Way 3,150
670 Cambridge Ave 3,100
3 Brent Ct 2,800
1401 Santa Cruz Ave 2,400
30 projects less than $2,200 each 17,910
Total $ 85,234
1 Construction start dates are shown as month and year of construction contract authorization for projects that have commenced construction.

ATTACHMENT J
City of Menlo Park
Community Amenities In-Lieu Payments Financial Report (Fund 369) Community Amenities In-Lieu Payments 2024-25
Beginning balance $ 30,415,000
Developer Payments 4,895,000
Interest Income 957,984
Unrealized gain/(loss) on investment* 871,202
Expenditures -
Ending Balance $ 37,139,185
**The figures presented in the AB1600 report are preliminary and unaudited, and are therefore subject to change upon completion of the final audit. 2024-25 Project Expenditures Total expended Fee % share Construction start date1
-
Total $ -
Future Projects Start date
Community
Amenities
funding
(2025 - 2026)
Other funding
Sources 2025-26 Funding source
Community
Amenities
funding
(2026-2030)
Total
Belle Haven Park Improvements 2027 1,300,000 - 4,000,000 5,300,000 Community amenity list implementation (Carbon-free
transit and enhanced transportation; communityserving retail; Energy, technology, utilities, and communication infrastructure in the Belle Haven and
Bayfront neighborhoods; Enhanced quality of life)
TBD - - 31,739,185 31,739,185
Consultant support for community amenity project
scoping and identification 2026 100,000 100,000
Total $ 1,400,000 $ - $ 35,739,185 $ 37,139,185
Collected Developer Payments 2024-25
141 Jefferson Dr & 180-186 Constitution Dr 4,895,000
Total 4,895,000 $
There were no interfund loans nor interfund transfers from impact fee to other funds this year. No refunds have been paid out of this fund. *The unrealized gain/loss on investments is an accounting requirement to reflect the year-end fair market value of the fund's allocation of the City investment portfolio and does not represent a cash gain or loss, provided investments are held until maturity.

ATTACHMENT K

Menlo Park City CouncilJanuary 13, 2026

Menlo Park City Council
January 13, 2026